BeCoin.Net’s Post

Bitcoin prices have fallen! The past week has been one of the worst weeks for Bitcoin as selling pressures have sent the crypto token tumbling. In 7 trading sessions, Bitcoin has lost a record 12% and fallen to its lowest levels in almost 5 months!! But why? Due to Mt. Gox’s bankruptcy. Mt. Gox was the world’s largest crypto trading platform. This Tokyo-based crypto exchange operated between 2010 and 2014, when Bitcoin had begun rising. At its peak, the exchange handled 70-80% of the trading volume! However, with its position and the growing fame of Bitcoin, it often became a target for hackers and faced many technical issues. In February 2014, it suspended withdrawals when it claimed to have found suspicious activity in its crypto wallets. It then discovered that it had lost almost 950,000 Bitcoin tokens, forcing it into bankruptcy. Around 150,000 tokens were recovered and, after 10 years, announced that it was starting repayments to creditors from July 2024. With a payout of almost $9 billion, investors now fear that Mt. Gox customers would end up dumping the tokens they receive and flooding the markets, thus sending Bitcoin tumbling. When reporting, Bitcoin was trading at around $55,131.54, down 1.33%. Follow ProCapitas for more financial insights. #bitcoin #crypto #cryptocurrency #finance #financialinsights #bears #us #usa #trading

We have never had digital scarcity before. #Bitcoin, as a digital asset, offers clear advantages over physical assets. It is highly portable, allowing for global use without physical limitations. It can be sold instantaneously, avoiding the lengthy processes typical of real estate transactions. Furthermore, taxing Bitcoin presents challenges due to its intangible nature. These benefits, however, come with the need to accept its digital form—a concept that, while initially challenging for some, aligns well with our increasingly digital world. Everyday activities, from reading on digital devices to streaming music and videos, embrace digital formats. Yet, despite the ubiquity of digital content, much of it holds little value due to its replicability. Bitcoin's groundbreaking innovation lies in its establishment of true digital scarcity. Unlike most digital items, bitcoins cannot be duplicated, nor can more be created beyond the capped limit. This unique characteristic sets it apart as a valuable digital asset in a world accustomed to infinite digital reproduction. “The reason that those assets aren’t going up as fast as Bitcoin, and the reason that gold is maybe outperforming the S&P, is because the S&P is producing more securities, more convertible debt, and more equity, which makes it less scarce. Gold is harder to produce, but Bitcoin is even harder to produce. So, what you have is everyone surging to acquire these assets. The asset supply isn’t expanding as quickly as the money supply, which leads to rising prices. That is what I call inflation of assets, or asset inflation. I’ll just call it cost to capital.” – Michael Saylor #BTC #Bitcoin #Inflation #finance #business #investing #money #BTC

Meet Myaltpay, your go-to digital crypto payment service! Whether you're a budding crypto enthusiast or a seasoned business, we've got your back. Why choose us? Because we're more than just a wallet; we're your secure haven for funds! Wondering how the crypto market is doing? As of today, despite $217 million fleeing U.S.-listed ETFs, Bitcoin still shines bright above $64,000! Even with a $244.49 million net outflow this week, BTC stands strong. Talk about resilience! Did you know? The link between Bitcoin ETFs prices and inflows is weakening. Yep, down to less than 0.60 from a robust 0.84. Stay savvy with us as we navigate these exciting crypto waters. Curious about the big players? Grayscale's Bitcoin ETF waved goodbye to $417 million last week, yet BTC prices soared. Unpredictable, thrilling, and oh so crypto! And guess what? The overall liquidation scene's been pretty chill, with just $60 million in the last day. It's just another day in the crypto neighborhood! 🌐 So, why not make Myaltpay your crypto ally today? Secure, simple, and built for all your crypto needs. Because when it comes to crypto transactions, shouldn't you have a partner that's as dynamic as the market itself? Join us now! ✨ #Crypto #Bitcoin #Myaltpay #DigitalWallet #CryptoNews #InvestSmart

Crypto Payments and Bitcoin: Heralds of Future Innovation In the constantly evolving landscape of digital payments, the spotlight is now on crypto payments and stablecoins, as they become catalysts of innovation in both consumer and business sectors. With Bitcoin prices soaring to unprecedented highs, interest in cryptocurrencies has reached new peaks, reflecting its growing integration into mainstream financial systems. As Bitcoin becomes more ubiquitous, it's essential to consider how these digital assets are transforming traditional payment systems. Companies like Coinbase and Binance are enhancing user experiences, making crypto transactions more accessible and reliable. The growing confidence in stablecoins is shifting paradigms in global transactions, offering security and stability amidst market volatility. The heightened interest in crypto could redefine the future of financial transactions. How do you perceive this digital shift shaping the economy in the coming years? #CryptoRevolution #BitcoinRise #Web3Innovation #DigitalFinance #Stablecoins #FutureOfPayments - - - - - - - - - - P.S.: Stressed Out? www.sleepyhippie.com has you covered with one-of-a-kind relaxing coloring books

In 2015, I tried to buy my first Bitcoin for $700 on Coinbase. I was intrigued by the idea and wanted to own a piece of it, but the process wasn’t smooth. The ACH payment I attempted didn’t go through, and I missed out. It was frustrating, but the idea of Bitcoin stuck with me. I couldn’t shake it. In 2017, I heard about Bitcoin again. This time, I didn’t let the opportunity slip by. I sold all my savings, which were in gold, and converted it into Bitcoin at a Bitcoin ATM. I got in at $3,000 and rode the wave up to $21,000. That experience didn’t just change my finances; it changed my perspective. It was then that I decided to start Crypto Dispensers. I wanted to make Bitcoin accessible to more people, to eliminate the friction I had faced, and to share the possibilities of this revolutionary technology with others. The journey since then has been incredible—but not without challenges. We’ve navigated bear markets, crypto winters, and the uphill battle of building a business in an industry that’s often misunderstood and met with resistance. Growing and scaling in a space where traditional systems seem almost designed to work against you has been anything but easy. But through it all, the belief in Bitcoin and what it represents has never wavered. Today, as we celebrate how far we’ve come, I’m reminded of why this journey matters. Bitcoin represents true freedom. It forces you to understand how money works, how the system operates, and why it’s so important to play the game by rules you truly grasp. If you don’t, you risk being taken advantage of. To everyone who believed in Bitcoin when few did, to those who stayed the course through the ups and downs: this moment is for you. More and more people are waking up to what we understood back then—that Bitcoin isn’t just an asset; it’s a way to reclaim control, to rewrite the rules, and to embrace true financial independence. #BitcoinFreedom #CryptoJourney #CryptoDispensers #FinancialIndependence #BitcoinBelievers #TrueVisionaries

The Benefits of Wire Transfers for Buying Bitcoin with Crypto Dispensers 🔥 Wire transfers are one of the most reliable ways to buy Bitcoin. Here’s why wire transfers are a smart choice for Bitcoin buyers: 💸 Higher transaction limits.💸 Wire transfers allow you to purchase larger amounts of Bitcoin. No need to worry about small credit card limits. 💸Lower fees. 💸 Compared to credit cards, wire transfers often have lower fees. This means more of your money goes directly into your Bitcoin purchase. 💸 Enhanced security. 💸 Wire transfers are processed by banks, adding an extra layer of security. You know your funds are being handled safely. 💸 Speed and efficiency. 💸 With Crypto Dispensers, wire transfers are processed quickly. You can complete your Bitcoin purchase without unnecessary delays. 💸 Simple and hassle-free. 💸 Crypto Dispensers makes the wire transfer process easy to follow. No complicated steps, just a smooth transaction. If you're looking for a secure, cost-effective way to buy Bitcoin, wire transfers with Crypto Dispensers could be your best option. Start investing with confidence today. #invest #bitcoin

My First Time Using a Bitcoin ATM: Here’s What You Need to Know 💸 So I finally used a Bitcoin ATM, and let me tell you, it was an experience. Here’s the breakdown of the pros and cons: 🛑 Cons: The fees? Not great. Definitely something to think about if you’re cost-conscious. You also need to make sure you trust the ATM provider—security is key when dealing with your hard-earned money. ✅ Pros: If you’re someone who gets paid in cash or doesn’t have a bank account, Bitcoin ATMs can be a great tool. Imagine being able to send money to family in another country who have internet access but no bank account. Bitcoin ATMs make that possible. They’re also useful if you want to invest in Bitcoin without having a phone or wallet setup—you can even print a paper wallet right there. While the fees might not be ideal, the accessibility these ATMs offer is a game-changer for people who live outside the traditional banking system or work under unique circumstances. If you like this type of content and want to learn more about crypto and how to use it in real-life scenarios, hit like and follow for more insights. And don’t forget—my VIP community is open now for just $200. Inside, I share exclusive strategies, insights, and group coaching to help you make the most of this crypto market. Comment 'VILLAGE' below to join today! 🚀 #Bitcoin #CryptoInvesting #BitcoinATM #FinancialFreedom #VisionaryVillage #WhoIsMikeJames #4thEyeVisions #CryptoStrategy

Bitcoin Dips: Cause for Concern or Buying Opportunity? The price of Bitcoin (BTC) has been feeling the heat lately. Let's break down the reasons behind the drop: Profit-Taking: Investors are cashing in on gains after a strong 2023. This is a normal market cycle. Dollar Strength: A stronger USD makes BTC less attractive (more dollars are needed for the same amount of BTC). Liquidations: Leverage traders are forced to sell to cover losses, driving the price down further. Short-Term Holders: Anxious investors might sell quickly during dips, adding to volatility. But wait, is this all doom and gloom? For savvy buyers, this could be a strategic opportunity: Potential Discounts: Believe in Bitcoin's long-term potential? Buying low is like getting a discount! DCA (Dollar-Cost Averaging): Invest fixed amounts regularly, regardless of price. A lower price now means accumulating more BTC at a potentially lower average cost. Shaking Out Weak Hands: Short-term panickers might sell, allowing long-term buyers to enter at a discount. Higher Potential Returns: Buying during a dip followed by a rebound could lead to higher returns than buying at an all-time high (but remember, the price could also continue to fall). Important Considerations: Volatility: Crypto is inherently volatile, there's no guarantee the price will rebound. Be prepared for potential further dips. Do Your Research: Don't just buy because the price is low. Understand the risks involved in cryptocurrency investing. Only invest what you can afford to lose. The takeaway? A price drop can be an opportunity, but be strategic and do your research before diving in. #bitcoin #cryptocurrency #investing #financialplanning #opportunity Let's discuss it! What are your thoughts on the recent Bitcoin price movement? https://www.coingenie.tech