#of course there's gonna be people attracted to a candlestick

[nancypullen]

Thursday

Howdy do. It's Thursday here in Dullsville and I've decided to go full steam ahead with fall decor. Why not? Just gonna' do what makes me happy and maybe Mother Nature will see it and usher in some true autumn weather. We've had some really pleasant days lately, it was actually FIFTY degrees on Tuesday morning! I think our high today is 76 which is just fine with me. A little rain wouldn't hurt, but I feel like that's asking too much. I'll just be content that the brutal summer heat seems to have moved on. So....FALL! Remember the candlesticks I was going to paint and distress? I'm building a centerpiece around them, not sure where it's headed yet but I like the before and after.

That's the dollar store pumpkin I covered with napkins, and the little $1 pumpkin stack got some fresh paint. Easy and cheap! Tonight I'm headed to The Foundry for a mosaic class. I've taken these mosaic classes a couple of times before, it's pretty straight forward - you're basically just paying to use the supplies. She always has boxes of tile, glass, china, and of course the nippers to cut it all. The instructor is super sweet, so it'll be fun to create and chat. Tonight's class will make a 14x5 house number or welcome sign. This is the example given.

I plan to make a house number with a Halloween vibe. Our house number is 504, so I can make the 5 and 4 with black tiles and make the 0 an orange pumpkin. We'll see if that works. I've never been able to get to the grouting stage in class. I always have a big plan and not enough time. I'm keeping it simple for this project, so maybe tonight is the night I finish!

Tomorrow I'm scheduled for a COVID shot at 10am. I also have a 1pm plant pick up at the arboretum. Every spring and fall they have a big native plant sale and I always buy a couple of things to support them. This fall I'm just getting some rudbeckia (Black-eyed Susan) and some blue mistflower.

It's supposed to attract bees and butterflies, crossing my fingers but not counting on it. In a quest to lure more wildlife to our yard we added yet another bird feeder. This one clamps onto the railing of the back porch and allows us to watch the birdies from the sofa. The cats are loving it too. It's been nice enough to have windows and doors open lately, so Phoebe is on duty.

Of course, the squirrels found it right away. They never miss a snack. I zoomed in with my phone to snap that from the living room.

This one too - Phoebe had him in her crosshairs.

I think a birdfeeder is better than tv. The sounds are certainly more enjoyable. The new feeder is covered in finches every day now and with the windows open it's lovely to hear their chatter. They sound like they're terrible gossips. A Caroline Wren entertained us yesterday afternoon, they have such pretty songs. Yep, that's who I am now, a crazy cat lady who looks forward to meeting new birds. I own it. I've been reading about people who develop relationships with crows, trading trinkets and stuff like that, and I've never wanted anything more in my life. When I drive between Denton and Easton (which I have to do for just about anything) and I see a crow near a corn field I want to roll down my window and scream, "Come to my house, I'll give you stuff!" Crows remember faces (so do hummingbirds!) so maybe one will land in the backyard soon and recognize me from the road. This is all normal to think about, right? Alright, time for me to go beat my hair into submission, then throw something together for Mickey to eat while I go glue mosaic tiles to a board in hopes of having a little fun. The class is 5:30 to 7:30 and I'm usually the only person who stays to help clean up, so I may be out until 8 o'clock!

Sending out tons of love, take what you need and pass it on. Stay safe, stay well. XOXO, Nancy

[ithehellisbucky]

Waking Up In Vegas

spencer reid x reader

request: prompts 87 (boop), 88 (that's such a bad idea- lets do it), 89 (Cool Cool Cool Cool Cool Cool Cool Cool Cool), 96 (I'm not crying, you are.) by anon

word count: 1.7k

warnings: Mentions of drug addiction, heavy drinking and blackout, that's it.

author's note: I've had this in my inbox for months, and I'm so sorry I didn't finish it sooner. Also, what do you want to see from my blog, it seems like I only post once a week for my fics and that's a no go from me.

~~~

The light was too loud- that's a wonderful thing to think when you remember nothing of the night before. You groaned and sat up, seeing that you were in a large bed with white covers. You scratched your head and looked around, noticing that the bedboard behind you was a large pink heart.

Looking down you realize that you're wearing a sequined red bikini top and a skirt scarf combo with booty shorts underneath. Drunk you does not have good fashion sense.

Before you can notice anything else, you start to feel puke crawling up your throat and you immediately run and vomit all your guts up.

You rinse your mouth out and notice that the blanket mound you left has shifted, and you become wary and pick up a heavy brass candlestick.

And then the lump rolls over, and it's your goddamn coworker.

"Reid?"

He startles and wakes up, staring at you and then glancing down at himself- huh, there was something wrong about that picture, but you couldn't figure out what it was just yet.

"y/n? What are you doing in my hotel room?" He pauses, looks around, then mutters under his breath "this isn't my hotel room."

He looks up at you "Since when are you married?"

"I'm not," You look down at your hand, noticing a giant red ruby adorning your ring finger "I am."

You look down at his hand and notice that he is too, "And so are you."

You and Spencer look around your room, both badly masking paranoia and panic. Both of your eyes stop when you notice a picture frame in the corner- a wedding certificate.

"Cool Cool Cool Cool Cool Cool Cool Cool Cool. This is fine, no big deal, just a marriage certificate," You move over and pick it up "with both of our names on it."

"Okay, this is okay, this is fine," Spencer says, sitting back down on the bed stunned.

"So, we're married, which is a thing that happened, last night, that you definitely remember." You say, sitting down next to your newly revealed husband.

"I don't remember."

"How do you not remember? You have super memory powers!"

"This is an excellent first fight to have as a married couple, of course, you blame me." He says, standing up and shrugging.

You meet his stance "Of course I blame you! You're the smart one!"

"Oh, well Agent, I wasn't aware that you had an IQ of 25!" He pauses "25 is the number associated by Henry H. Goodard to be an idiot, it's actually-"

"I know!" You exclaim, seething with half-hearted rage.

"You know, your the one who got an addict drunk!"

"Your vice isn't alcohol! If I drugged you I'd be a monster! You ordered that first bloody mary all by yourself, and those shots we did were totally consensual!!!"

He looked up at you "you remember that?"

You think, and notice memories that you didn't know were there, "um, yeah, bits and pieces."

From the expression he makes, he looks to be remembered more too. You and your new husband sit down and let it all hit you.

~~~

"4 tequila shots please." You wave down the bartender.

You're already buzzed, but you and Spencer were just getting warmed up. Morgan and Garcia left hours ago to go to a fancy restaurant, Rossi was planted firmly at the poker table, Hotch was nowhere to be seen, JJ had gone home to be with Henry, and Emily was at a "sin to win" night at some casino that you already knew too much about just by hearing the name.

So that leaves you and Spencer at the bar in the only casino in town he wasn't banned from.

At first, you were concerned about him drinking, but once he reassured that alcohol isn't his way of self-medicating, you were okay. Besides, if you saw any red flags, you would throw his ass in rehab faster than you can say 'gin'.

So, you were 5 drinks in and having the time of your lives, showing off battle scars and laughing. God, his eyes were pretty.

"Your eyes are so pretty!" You giggled "like soooooo pretty, woooooooow."

He laughed and looked back at you "your skin is pretty, like in a non-serial killer way, it's really pretty."

"Thank you, just don't kill me for it."

"I just called no murder!" He whined "besides, how am I sure you won't kill me and scoop my eyes out?"

"Because that's gross." You said, rolling your eyes.

"And stealing your skin isn't?"

"You can' have my skin!" You say, mock running away.

He laughs, and looks directly into your eyes, and smiles, wow, he was pretty. Morgan was right.

"Hey, do you wanna get out of here?" Spencer asks you.

"Yeah, let's get ice cream!" You grab his hand, and it feels natural through your foggy brain.

After stumbling through the ice cream parlor, full of people who were trying to pretend like they weren't. Spencer got butter pecan, and you got sherbert and chocolate.

You stumbled out of the store, giggling to yourself and Spencer.

God, you loved him. So you told him.

"I love you." He stopped in his tracks, and you almost tripped on a bicycle rack.

"Really?" He whispers.

All of the giggles are gone.

"I love you."

The ice cream is long forgotten, his on the ground, and half of yours on your clothes and half next to his on the ground. All that's left is your faces inching closer to each other.

When your lips meet it feels like firecrackers going off inside your head.

His mouth is soft, gently contrasting with your soft lips. His tongue sneaks into your mouth, your smile around his.

"Let's get married." He pulls apart from you, out of breath.

You stay silent for a moment, before looking up and directly into his chocolate brown eyes "That is such a bad idea-"

He diverts his eyes and scratches the back of his skull "Um, yeah, that's okay, let's-"

"Let's do it."

He looks back at you, and you grab his body and kiss him.

~~~

Sometimes people can be happy, you realize as an elderly woman ties a sash around your waist.

You have to be honest, you never thought this was gonna be how you were gonna get married. Hell, you weren't sure if you were gonna get married at all. But certainly not like this. Certainly not at 1 am to your coworker 7 drinks in at a cheap roadside attraction.

Definitely not like this.

But something about this weirdness felt like the only way anything ever would've made any sense.

There was something about the outfit you were wearing that was perfect, a bright red bra covered in sequins underneath a top with buttons and poofy sleeves that showed off a lot of your chest, a wrap-around cheap white silk skirt with jeans shorts underneath. And of course purple open-toed boots. Perfect.

Marrying Spencer Reid is like a fever dream. A perfect man with perfect hair and perfect eyes. So of course you were giggling like crazy while they put the cheap crown with pink tulle serving as a veil on your head.

Your witnesses were an elderly couple, of course, you wanted to have your best friends there, but knowing them they'd try to talk you out, and believe me, there was no way you wanted out of it.

"Now's time dear," the woman exclaims, gently patting you on the shoulder and leading you out of the fitting room and towards the chapel.

The owner of the business hooks his arm around yours and leads you into the chapel, church bells from an iPod attached to a speaker ringing out into the air.

Spencer turns around the air visibly leaves his lungs when you make eye contact. The chapel you two had chosen in this drunken haze was costume-themed, and he was wearing an ancient Rome costume that fit the time where his favorite philosopher, so even though no one else noticed, you could tell he was dressed as Gaius.

His hair had been attempted to slick back, but little curls were popping up all over the place instead. He was wringing his hands tightly and bouncing his knee, god you couldn't wait to marry him.

The elderly man who had led you to the alter places you next to Spencer, you couldn't focus on anything but your soon-to-be-husband.

Spencer takes his hands and gently pulls your veil up from around your face, and a tear trickles out of his eyes as he sees you. You smile and notice his nerves, try to calm the love of your life down "boop", you gently tap his nose and he smiles in comfort.

The officiant drones on and on about love but you can't hear him, all you can focus on is his love-filled eyes.

"Do you take Spencer Reid to be your husband?"

Your eyes snap out of their daze and you say with the most certainty than you have ever said anything: "I do."

"And do you take (y/n) (y/l/n) to be your life partner for as long as you may live?"

"I do," And you feel more wanted than you ever have in your life, he wants you, Spencer wants you.

~~~

You and Spencer sit on your bed in stunned silence, neither believing that last night had really happened. You look over at your apparent husband and notice tears streaming down his face.

"You're crying." You say, your voice coming out as a chocked whisper.

"I'm not crying, you are." You look down and notice that your shirt is soaked in tears.

"Oh." You take a deep breath and look into his eyes. "So, what do you want to do?"

"Get an annulment?" He doesn't look completely happy about his answer and stares into your eyes for reassurance.

You take a deep breath and stare off into the distance, out into a world that would be so much better if you were married to Spencer Reid. "I don't want that."

You look back at him to meet his eyes, "Me neither."

"I love you, a lot, and I want to be married to you." Spencer smiles, and you feel wanted and safe and loved.

Instead of saying it back, he kissed you with a passion that was way more descriptive than simple words. Spencer is your husband and you love him, he loves you, and you are finally wanted.

~~

My Masterlist

Requests are open!

~Taglists are open~

Permanent Tags: @natasha-danvers​

Marvel:

Criminal Minds:

[mytigernacho]

Young Frankenstein.

A Noblesse Fanfic.

Frankenstein gasped for breath, clinging weakly to a large boulder.

He rested for a moment, eyes closing wearily, but he knew he couldn't rest for too long. Staying in one place, even to rest, was too risky.

The fact that he was only ten years old, a small child, was of little consequence to the Union. They would do whatever necessary to capture and squeeze every last bit of information out of him as they could.

They had already done many atrocious acts in their pursuit of him. Mass killings, destroying villages and livelihoods, spreading vicious lies that left him isolated and unable to find allies or refuge.

He had escaped from them, and the Union did not forgive easily.

At that thought a stinging prickle raced across his skin and mind. Yes, he had to keep moving: being injured or tired was no excuse for tarrying. Rest, physical or mental, was a luxury he could barely afford now.

He looked up and examined his surroundings. He had expected an island, of course. What else would one find in the middle of an ocean? He had not, however, expected such a large island. The coastline stretched to the horizon on either side of him, no end in sight.

He felt his heart sink a little. Large islands usually meant residents. People. And people often meant the Union.

Grimly, he climbed upon the boulder and began to make his way to the shoreline, allowing most of the salt water to cascade down his skin as he did. He began formulating a general plan as he went. He would stay out of contact with any residents. He would build a small and unimposing shelter where he could make a new boat without anyone knowing or interfering. Perhaps acquire some fabric to make himself some more clothes.

But first, he thought as his stomach rumbled audibly, he needed to scout to find food and a good source of fresh water.

He jumped easily to the nearest tree and moved swiftly through a large forest, his small size and agility allowing him to weave through the branches and leaves without disturbing them. He grinned as he moved effortlessly through the sky, enjoying the sensation as he had always done since he had discovered his abilities.

He found a small stream and stopped to drink before once again leaping into the nearby for a year, but it. f close in concentration. ting a plan as he went. mass killings.

He eventually paused on a lower branch of a tree near the little stream, letting his eyes half close in concentration. He listened.

Rustle.

Crunch, rustle.

In an instant he was on the ground, painlessly breaking the neck of the large rabbit. He smiled proudly as he used Dark Spear to prepare it. He had only had his increased abilities for a year, but they sure did make certain tasks a lot easier.

Although they had also caused so many more problems.

He shook his head vigorously and scowled. There was no reason to dwell on the past. He should focus on the present. And presently he needed firewood.

He walked around, finding plenty of usable logs and kindling in the untouched forest, and set about making a safe area to create a fire. He had chosen a small clearing under a thick canopy, hoping that the shear amount of leaves would help prevent the smoke from escaping to some extent, or at least make it a bit harder to pinpoint his exact location.

He generated the correct amount of friction to create the fire and sat down on a rock to wait. The fire would have to reach a certain temperature before –

A panicked prickle across his mind.

Frankenstein's head shot up and to the west. No, they couldn't have found him so fast. Could they? How had they known?

But even as he thought this he swept into action, putting out his little fire. He could feel the auras of several people, spread somewhat far apart but still moving in his direction. Even if none of them passed by right next to him it was wishful thinking to think that none of them would see or smell the smoke.

Not that he didn't think he could take them. But a fight against even a few low-level minions would cause a ruckus and attract more and higher-level agents. Frankenstein had been involved with the Union for so long that he knew they would sacrifice a few humans, a few 'pawns,' just to pinpoint his location.

So he ran.

The forest ground passed beneath him at high speed as he ran almost due east. He was not fit to leave this island yet, so he would have to find a satisfactory shelter to lay low in before moving on.

Frankenstein reverted his focus back to the pursuers, and his eyes widened a bit as he glanced behind him. Shit. While he had been distracted his pursuers had obviously found his trail, zeroing in on him with increased speed. He would have to just pick a place, hide his energy, and hope that they passed over him.

A mansion loomed ahead of him, seeming almost to appear out of nowhere.

A building? A building meant people, people who would turn him away, who would turn him in. Plus, this building felt… strange. He could sense power from it. And for all its grandeur, it seemed derelict. Unkempt.

An empty mansion? Or a trap?

But he didn't have much choice right now.

He jumped down onto a windowsill and forced a window open, shutting it as quickly and quietly as he possibly could. He put his back against a nearby wall and waited. Maybe he could give these guys the slip. They would certainly come into the house to look for him – there was no other place he could have hidden in such a short amount of time. But with its enormous size and strange energy encompassing it they would likely have to search manually for him. Once he was sure they had followed him into the house he would discreetly head the same direction he had come from and leave them wondering where he had gone.

His heartrate increased as he felt the auras –four in total – race toward him.

He tensed as they drew even with the mansion.

And he frowned as he felt the pursuers turn sharply to avoid the building, a look of pure incredulousness appearing on his face as he felt them turn the corner and continue past it, as if the idea that he was in it had not even occurred to them as a possibility.

For a period of time that felt like a year, Frankenstein crouched against the wall, waiting, waiting for something to happen.

He waited.

And waited.

Nothing happened.

He stood up slowly, looking around the room.

It was spacious, several couches and chairs sitting around a wide, low table. Bookcases lined the wall nearest to him. It didn't look all that much different from the rooms he had briefly seen in the houses of the gentry, complete with silver candlesticks.

But still, he was once again struck with the thought that this place was strange. The fabric on the furniture was vibrant and showed no signs of disrepair. The books looked like they had been placed there yesterday. And all the silver candle holders were as bright and polished as a full moon. There was not a speck of dust on anything.

And yet….

And yet, everything looked so desolate, he thought as he looked sadly around the room. Like it was in stasis, waiting patiently and eternally for someone to pick a book off the shelf, sit down and read under the candlelight.

It just seemed so… lonely.

He saw movement out of the corner of his eye and felt a jolt of adrenaline go through his body as he turned toward the only other window in the room.

He was not alone.

A/N: So this is an AU where little Frankenstein is an experiment from the Union who escaped. More mysteries will be revealed and solved as the story progresses :). I don't really see fanfics with child-Frankenstein and I like the concept, so I'm gonna see where it takes me lol :)

Please let me know what you think, and if you think I should continue it.

Edit: Just wanted to say that I am indeed continuing this, and you can find it on ff.net under the same name :)

[jeffrmayhugh]

4 BULLISH REASONS TO BUY BITCOIN

VIDEO TRANSCRIPT

Hey, everybody, met here with altcoin Buzz, Happy Hump Day. Hope your midweek is going very well indeed. Today we’re looking at the case for four bullish Bitcoin signals in 2020. We’ll also round out and in a responsible way, at least in our opinion, are going to try to give you the devil’s advocate argument and give you four reasons why there may be a bearish scenario to look forward to. However, we’ll start with the four positive ones that we’ll start here. First of all, I’m quite a market cap dot.com. On this April 1st, we have a meteoric success in the form of toilet paper token. It has surpassed bitcoin up one thousand one hundred twenty-three point nine seven percent in these last 24 hours. In fact, it’s so hot that it is out of stock. Happy April, fools, everybody. Don’t forget, if you like this kind of content bitcoin blockchain, cryptocurrency. Make sure to hit the subscribe button. Hit the like button below. And stay tuned to the end of this video to learn more information on our crypto tag ZUS starter kit, which we give away every Saturday. OK. So the price of Bitcoin has been following a descending resistance line since the 15th of March when it reached its local high of six thousand nine hundred fifty-seven dollars and at the time of publishing the price was rejected from the resistance line and has begun to decrease. In addition, there is a strong resistance area at six thousand five hundred dollars, which the prices unsuccessfully attempted to break out from in these past two days. Now let’s look at some fundamental factors, both bullish and bearish for Bitcoin. Bullish signal number one, Bitcoin is very likely to follow gold if not at a one to one level, at least in part. So Bitcoin and cryptocurrency as a whole is still a relatively small asset class that is only currently getting slightly correlated to traditional markets and is in the process of being established. After all, the current market environment is a big test for bitcoin, and besides the Friday the 13th major drop, it has actually held up quite well being only an 11-year-old asset. And as for gold, which went up around 3.75 percent in Q1 of 2020, which is a much more established and safe-haven asset than Bitcoin and also has a smaller total user base. Bitcoin is a bit behind gold a bit in terms of performance. But one can argue that as we move along in the next few months and years, Bitcoin starts to take larger shares away from gold, though unlike gold, which can be found on the other planets in vast quantities and on asteroids and all the far corners and reaches of space. Bitcoin is absolutely scarce and has a strict limit of 21 million coins, which is enforced by a network of decentralized miners across the globe and it’s mathematically guaranteed. So that fact alone, the scarcity model from Plan B predicts it will make bitcoin more valuable than gold over the coming decades. And just a reminder, gold’s market cap is far, far higher somewhere in the 7 to 8 trillion range. As we can see on coin market cap, dot.com bitcoin right now only has a total market cap of 114 billion. So approximately and this is just a ballpark figure, some 35 times less than where gold is. If gold were to be the world reserve digital currency, it could swell conceivably 20, 30, 40, 50 times or more. A bullish signal for Bitcoin. Number two, infinite money printing by the Federal Reserve and Donald Trump here on Bloomberg.com. Against this backdrop of incessant money printing, Bitcoin is a disinflationary or deflationary currency whose total supply again is strictly limited to 21 million. Bitcoin has never seemed more attractive in light of what is happening now. And Mike Novogratz described it as the strongest bull case for the benchmark cryptocurrency. Even though Crypto failed to perform as a safe haven during the Corona virus-driven selloff, the Wall Street bull Mike recently opined that 20:20 could end up being another big year for Bitcoin, as we can see here. In his tweet, this from thirty-first of March. Money Grows on Trees 20:20 by Bitcoin after the Federal Reserve said it had, quote, unlimited money. Trump claimed that the state could manipulate infinitely, describing it as, quote, our money and our currency. This, in turn, sent shivers down the spine of Bitcoin supporters as the lack of such meddling in the money supply is a key benefit over Fiat, which makes the cryptocurrency a form of hard money. The third major bull signal of twenty twenty-four bitcoin is its upcoming having event. This event was shaping up to become really the main narrative and the main attraction of 2020. Given that it makes the asset more scarce after it’s first having the bitcoin price skyrocket 100 times in this year, and the second having also brought its investors 33 times returns, that may not be the case this time around. I’m not quite holding my breath, to be perfectly honest and candid, because I think contextually there’s just a lot more happening at this time and there are too many other variables that are going to be weighing in. But potentially the having could have a positive impact on bitcoin. Will it be 100 times or 33 times the current value afterwards? Probably not, but it should have a positive net effect. Overall, our fourth and final bullish signal for bitcoin in 2020 is the use cases for gambling, which are still increasing really on an everyday basis. Cryptocurrencies may still have people, many people asking questions about credibility and safety, but really for millions around the globe, they’re becoming a normal way of making payments in many different areas of life. And one such area is certainly AI gaming or online gambling. And players in Europe have become extremely savvy with using Bitcoin to make their sports bets and play casino games online. Really, the biggest factor for this is anonymity and ease of use. However, one negative side, at least for now and for some users, is the volatility of bitcoin because unlike fiat currencies whose value will barely move for months or years on end, the value of bitcoin has a tendency to jump up and down quite significantly. Of course, we have covered a lot of the leaders in this. Based such as at chillis, I want to clarify, chillis are not a gambling token, but it is affiliated with different football clubs, for example, the sports world. This is something that we’re gonna see more and more of in the months and years ahead. Mark my words. OK, let’s be fair at this point in round out this list with the mirror image for bearish signals beginning with number one, decreasing usage and also global payment, including visa usage, which is down right now. So the usage of bitcoin has plunged to actually to a two year low in the last couple of days with only 250000 transactions occurring per day in these last few days, as revealed by the founder and CEO of Quantum Economics, Matty Greenspan. The short term prediction for the leading cryptocurrency is actually thus quite bearish. The bitcoin price has also created a bearish, hammered candlestick for the month of March, but has managed to stay above an important monthly support level. In the short term, the price is expected to decrease towards the support line of the possible symmetrical triangle. And even as I mentioned, Visa is predicting only single-digit percentage revenue growth in contrast to Q1 last year 2019, where double-digit percentage growth was expected and for Q2 after a sharp drop in activity during March. They’re not all that optimistic based on everything that is happening in the world. Visa, I think at least is one of those recession-proof industries. They’re never gonna suffer to the extent that some others are. But you can see when they’re expressing some concern over their profits and revenues, you know, something is up. Number two, bearish signal for bitcoin. The hash rate is actually dropping and mining is becoming unprofitable at least a little bit. So the Bitcoin network hash rate took a steep dive on the twenty-sixth of March, dropping a whopping fifteen point nine five percent, which is a 45 percent drop from its peak highs of 2020. The hash rate dipped from one hundred thirty-six point two quintillion hashes per second on the 1st of March to just seventy-five point seven XA hashes on March 26, according to data from blockchain dot com. The fifteen point five percent drop had directly impacted the decrease in mining difficulty from a measurement of sixteen point five trillion to thirteen point nine trillion on the twenty-sixth of March, meaning that a large number of miners had disconnected from the chain entirely. Such a turn of events was expected after the past month’s turbulent events which saw Bitcoin roller coasting to three thousand six hundred, showing a 60 percent decline. And yeah, as a result, many miners allegedly found it unprofitable to keep mining and running their equipment, which, of course, consumes a lot of electricity. Our third bearish signal for 2020 is the technical analysis. So although the first quarter of 2020 was not the best ever quarter for Bitcoin, the flagship cryptocurrency still managed to beat two of the three major U.S. stock indices, the Dow Jones Industrial Average or the Dow and the S&P 500 index. Bitcoin beat both of those by a rather wide margin. But since then, this highly contagious viral disease that is now the focus of every headline has launched a devastating attack on how we live. And, of course, as a result, the world economy as well. Bitcoin rose in the early parts of the year because investors and enthusiasts were focused on the upcoming having season. But it declined. When the markets crashed and many investors exited the cryptocurrency to fill margin calls as stocks also declined again, this was a rush toward liquidity. In addition, as most investors got hammered, it lowered the demand for the currency and our fourth and final bearish signal for Bitcoin in 2020. The global economic turmoil, unfortunately, is not over. Just when the global financial markets were in a state of turmoil, Bitcoin failed to prove itself as a, quote, safe haven for investors. Again, after rising 40 percent during early 2020, Bitcoin entered Q1 with 10 percent negative returns year to date. Just as we are entering the second quarter of 2020, the crypto markets seem to be stabilizing after a major correction. Bitcoin, which has been a star performer in the early half of the Q1, faced massive sell-off in the second half, and as of the thirty first, of March, Bitcoin ended the first quarter with 10 percent negative returns year to date at press time. Bitcoin is trading at a price of about six thousand three hundred fifty dollars with a market cap of about $115 billion. Thus, Bitcoin alone contributes to nearly 65 percent of the overall cryptocurrency market cap. Hence the 65 percent dominance metric that we discuss and we reference every day while members of the old boy’s army. Are you on the side of the bulls or are you on the side of the bears? Let us know your thoughts about our reasoning and our suggestions and we have listed here in the comments below. There are arguments certainly to be made both ways, but that about wraps it up for today. To be sure. You’re following us on all the regular social media channels and keep checking back into altcoin by Scott. I owe for all the latest. Go ahead. Like subscribe, share and hit the bell to receive notifications of. If you’ve enjoyed today’s video. Best of luck if you choose to invest on this hump day. Best of luck. If you choose to enter or give away our competition, we give away a crypto tag ZUS starter kit every Saturday. To be eligible for that prize, you gotta make sure you’re subscribed to altcoin Buzz on YouTube. You get to like our videos and you got to comment on our videos. Have a wonderful midweek, everybody. Happy Humpday. And as always, we hope to see you again soon in our next video. Take care.

source https://www.cryptosharks.net/4-bullish-reasons-to-buy-bitcoin/ source https://cryptosharks1.tumblr.com/post/614240109389283328

[heatherrdavis1]

4 BULLISH REASONS TO BUY BITCOIN

VIDEO TRANSCRIPT

Hey, everybody, met here with altcoin Buzz, Happy Hump Day. Hope your midweek is going very well indeed. Today we’re looking at the case for four bullish Bitcoin signals in 2020. We’ll also round out and in a responsible way, at least in our opinion, are going to try to give you the devil’s advocate argument and give you four reasons why there may be a bearish scenario to look forward to. However, we’ll start with the four positive ones that we’ll start here. First of all, I’m quite a market cap dot.com. On this April 1st, we have a meteoric success in the form of toilet paper token. It has surpassed bitcoin up one thousand one hundred twenty-three point nine seven percent in these last 24 hours. In fact, it’s so hot that it is out of stock. Happy April, fools, everybody. Don’t forget, if you like this kind of content bitcoin blockchain, cryptocurrency. Make sure to hit the subscribe button. Hit the like button below. And stay tuned to the end of this video to learn more information on our crypto tag ZUS starter kit, which we give away every Saturday. OK. So the price of Bitcoin has been following a descending resistance line since the 15th of March when it reached its local high of six thousand nine hundred fifty-seven dollars and at the time of publishing the price was rejected from the resistance line and has begun to decrease. In addition, there is a strong resistance area at six thousand five hundred dollars, which the prices unsuccessfully attempted to break out from in these past two days. Now let’s look at some fundamental factors, both bullish and bearish for Bitcoin. Bullish signal number one, Bitcoin is very likely to follow gold if not at a one to one level, at least in part. So Bitcoin and cryptocurrency as a whole is still a relatively small asset class that is only currently getting slightly correlated to traditional markets and is in the process of being established. After all, the current market environment is a big test for bitcoin, and besides the Friday the 13th major drop, it has actually held up quite well being only an 11-year-old asset. And as for gold, which went up around 3.75 percent in Q1 of 2020, which is a much more established and safe-haven asset than Bitcoin and also has a smaller total user base. Bitcoin is a bit behind gold a bit in terms of performance. But one can argue that as we move along in the next few months and years, Bitcoin starts to take larger shares away from gold, though unlike gold, which can be found on the other planets in vast quantities and on asteroids and all the far corners and reaches of space. Bitcoin is absolutely scarce and has a strict limit of 21 million coins, which is enforced by a network of decentralized miners across the globe and it’s mathematically guaranteed. So that fact alone, the scarcity model from Plan B predicts it will make bitcoin more valuable than gold over the coming decades. And just a reminder, gold’s market cap is far, far higher somewhere in the 7 to 8 trillion range. As we can see on coin market cap, dot.com bitcoin right now only has a total market cap of 114 billion. So approximately and this is just a ballpark figure, some 35 times less than where gold is. If gold were to be the world reserve digital currency, it could swell conceivably 20, 30, 40, 50 times or more. A bullish signal for Bitcoin. Number two, infinite money printing by the Federal Reserve and Donald Trump here on Bloomberg.com. Against this backdrop of incessant money printing, Bitcoin is a disinflationary or deflationary currency whose total supply again is strictly limited to 21 million. Bitcoin has never seemed more attractive in light of what is happening now. And Mike Novogratz described it as the strongest bull case for the benchmark cryptocurrency. Even though Crypto failed to perform as a safe haven during the Corona virus-driven selloff, the Wall Street bull Mike recently opined that 20:20 could end up being another big year for Bitcoin, as we can see here. In his tweet, this from thirty-first of March. Money Grows on Trees 20:20 by Bitcoin after the Federal Reserve said it had, quote, unlimited money. Trump claimed that the state could manipulate infinitely, describing it as, quote, our money and our currency. This, in turn, sent shivers down the spine of Bitcoin supporters as the lack of such meddling in the money supply is a key benefit over Fiat, which makes the cryptocurrency a form of hard money. The third major bull signal of twenty twenty-four bitcoin is its upcoming having event. This event was shaping up to become really the main narrative and the main attraction of 2020. Given that it makes the asset more scarce after it’s first having the bitcoin price skyrocket 100 times in this year, and the second having also brought its investors 33 times returns, that may not be the case this time around. I’m not quite holding my breath, to be perfectly honest and candid, because I think contextually there’s just a lot more happening at this time and there are too many other variables that are going to be weighing in. But potentially the having could have a positive impact on bitcoin. Will it be 100 times or 33 times the current value afterwards? Probably not, but it should have a positive net effect. Overall, our fourth and final bullish signal for bitcoin in 2020 is the use cases for gambling, which are still increasing really on an everyday basis. Cryptocurrencies may still have people, many people asking questions about credibility and safety, but really for millions around the globe, they’re becoming a normal way of making payments in many different areas of life. And one such area is certainly AI gaming or online gambling. And players in Europe have become extremely savvy with using Bitcoin to make their sports bets and play casino games online. Really, the biggest factor for this is anonymity and ease of use. However, one negative side, at least for now and for some users, is the volatility of bitcoin because unlike fiat currencies whose value will barely move for months or years on end, the value of bitcoin has a tendency to jump up and down quite significantly. Of course, we have covered a lot of the leaders in this. Based such as at chillis, I want to clarify, chillis are not a gambling token, but it is affiliated with different football clubs, for example, the sports world. This is something that we’re gonna see more and more of in the months and years ahead. Mark my words. OK, let’s be fair at this point in round out this list with the mirror image for bearish signals beginning with number one, decreasing usage and also global payment, including visa usage, which is down right now. So the usage of bitcoin has plunged to actually to a two year low in the last couple of days with only 250000 transactions occurring per day in these last few days, as revealed by the founder and CEO of Quantum Economics, Matty Greenspan. The short term prediction for the leading cryptocurrency is actually thus quite bearish. The bitcoin price has also created a bearish, hammered candlestick for the month of March, but has managed to stay above an important monthly support level. In the short term, the price is expected to decrease towards the support line of the possible symmetrical triangle. And even as I mentioned, Visa is predicting only single-digit percentage revenue growth in contrast to Q1 last year 2019, where double-digit percentage growth was expected and for Q2 after a sharp drop in activity during March. They’re not all that optimistic based on everything that is happening in the world. Visa, I think at least is one of those recession-proof industries. They’re never gonna suffer to the extent that some others are. But you can see when they’re expressing some concern over their profits and revenues, you know, something is up. Number two, bearish signal for bitcoin. The hash rate is actually dropping and mining is becoming unprofitable at least a little bit. So the Bitcoin network hash rate took a steep dive on the twenty-sixth of March, dropping a whopping fifteen point nine five percent, which is a 45 percent drop from its peak highs of 2020. The hash rate dipped from one hundred thirty-six point two quintillion hashes per second on the 1st of March to just seventy-five point seven XA hashes on March 26, according to data from blockchain dot com. The fifteen point five percent drop had directly impacted the decrease in mining difficulty from a measurement of sixteen point five trillion to thirteen point nine trillion on the twenty-sixth of March, meaning that a large number of miners had disconnected from the chain entirely. Such a turn of events was expected after the past month’s turbulent events which saw Bitcoin roller coasting to three thousand six hundred, showing a 60 percent decline. And yeah, as a result, many miners allegedly found it unprofitable to keep mining and running their equipment, which, of course, consumes a lot of electricity. Our third bearish signal for 2020 is the technical analysis. So although the first quarter of 2020 was not the best ever quarter for Bitcoin, the flagship cryptocurrency still managed to beat two of the three major U.S. stock indices, the Dow Jones Industrial Average or the Dow and the S&P 500 index. Bitcoin beat both of those by a rather wide margin. But since then, this highly contagious viral disease that is now the focus of every headline has launched a devastating attack on how we live. And, of course, as a result, the world economy as well. Bitcoin rose in the early parts of the year because investors and enthusiasts were focused on the upcoming having season. But it declined. When the markets crashed and many investors exited the cryptocurrency to fill margin calls as stocks also declined again, this was a rush toward liquidity. In addition, as most investors got hammered, it lowered the demand for the currency and our fourth and final bearish signal for Bitcoin in 2020. The global economic turmoil, unfortunately, is not over. Just when the global financial markets were in a state of turmoil, Bitcoin failed to prove itself as a, quote, safe haven for investors. Again, after rising 40 percent during early 2020, Bitcoin entered Q1 with 10 percent negative returns year to date. Just as we are entering the second quarter of 2020, the crypto markets seem to be stabilizing after a major correction. Bitcoin, which has been a star performer in the early half of the Q1, faced massive sell-off in the second half, and as of the thirty first, of March, Bitcoin ended the first quarter with 10 percent negative returns year to date at press time. Bitcoin is trading at a price of about six thousand three hundred fifty dollars with a market cap of about $115 billion. Thus, Bitcoin alone contributes to nearly 65 percent of the overall cryptocurrency market cap. Hence the 65 percent dominance metric that we discuss and we reference every day while members of the old boy’s army. Are you on the side of the bulls or are you on the side of the bears? Let us know your thoughts about our reasoning and our suggestions and we have listed here in the comments below. There are arguments certainly to be made both ways, but that about wraps it up for today. To be sure. You’re following us on all the regular social media channels and keep checking back into altcoin by Scott. I owe for all the latest. Go ahead. Like subscribe, share and hit the bell to receive notifications of. If you’ve enjoyed today’s video. Best of luck if you choose to invest on this hump day. Best of luck. If you choose to enter or give away our competition, we give away a crypto tag ZUS starter kit every Saturday. To be eligible for that prize, you gotta make sure you’re subscribed to altcoin Buzz on YouTube. You get to like our videos and you got to comment on our videos. Have a wonderful midweek, everybody. Happy Humpday. And as always, we hope to see you again soon in our next video. Take care.

Via https://www.cryptosharks.net/4-bullish-reasons-to-buy-bitcoin/

source https://cryptosharks.weebly.com/blog/4-bullish-reasons-to-buy-bitcoin

[scottmapess]

4 BULLISH REASONS TO BUY BITCOIN

VIDEO TRANSCRIPT

Hey, everybody, met here with altcoin Buzz, Happy Hump Day. Hope your midweek is going very well indeed. Today we’re looking at the case for four bullish Bitcoin signals in 2020. We’ll also round out and in a responsible way, at least in our opinion, are going to try to give you the devil’s advocate argument and give you four reasons why there may be a bearish scenario to look forward to. However, we’ll start with the four positive ones that we’ll start here. First of all, I’m quite a market cap dot.com. On this April 1st, we have a meteoric success in the form of toilet paper token. It has surpassed bitcoin up one thousand one hundred twenty-three point nine seven percent in these last 24 hours. In fact, it’s so hot that it is out of stock. Happy April, fools, everybody. Don’t forget, if you like this kind of content bitcoin blockchain, cryptocurrency. Make sure to hit the subscribe button. Hit the like button below. And stay tuned to the end of this video to learn more information on our crypto tag ZUS starter kit, which we give away every Saturday. OK. So the price of Bitcoin has been following a descending resistance line since the 15th of March when it reached its local high of six thousand nine hundred fifty-seven dollars and at the time of publishing the price was rejected from the resistance line and has begun to decrease. In addition, there is a strong resistance area at six thousand five hundred dollars, which the prices unsuccessfully attempted to break out from in these past two days. Now let’s look at some fundamental factors, both bullish and bearish for Bitcoin. Bullish signal number one, Bitcoin is very likely to follow gold if not at a one to one level, at least in part. So Bitcoin and cryptocurrency as a whole is still a relatively small asset class that is only currently getting slightly correlated to traditional markets and is in the process of being established. After all, the current market environment is a big test for bitcoin, and besides the Friday the 13th major drop, it has actually held up quite well being only an 11-year-old asset. And as for gold, which went up around 3.75 percent in Q1 of 2020, which is a much more established and safe-haven asset than Bitcoin and also has a smaller total user base. Bitcoin is a bit behind gold a bit in terms of performance. But one can argue that as we move along in the next few months and years, Bitcoin starts to take larger shares away from gold, though unlike gold, which can be found on the other planets in vast quantities and on asteroids and all the far corners and reaches of space. Bitcoin is absolutely scarce and has a strict limit of 21 million coins, which is enforced by a network of decentralized miners across the globe and it’s mathematically guaranteed. So that fact alone, the scarcity model from Plan B predicts it will make bitcoin more valuable than gold over the coming decades. And just a reminder, gold’s market cap is far, far higher somewhere in the 7 to 8 trillion range. As we can see on coin market cap, dot.com bitcoin right now only has a total market cap of 114 billion. So approximately and this is just a ballpark figure, some 35 times less than where gold is. If gold were to be the world reserve digital currency, it could swell conceivably 20, 30, 40, 50 times or more. A bullish signal for Bitcoin. Number two, infinite money printing by the Federal Reserve and Donald Trump here on Bloomberg.com. Against this backdrop of incessant money printing, Bitcoin is a disinflationary or deflationary currency whose total supply again is strictly limited to 21 million. Bitcoin has never seemed more attractive in light of what is happening now. And Mike Novogratz described it as the strongest bull case for the benchmark cryptocurrency. Even though Crypto failed to perform as a safe haven during the Corona virus-driven selloff, the Wall Street bull Mike recently opined that 20:20 could end up being another big year for Bitcoin, as we can see here. In his tweet, this from thirty-first of March. Money Grows on Trees 20:20 by Bitcoin after the Federal Reserve said it had, quote, unlimited money. Trump claimed that the state could manipulate infinitely, describing it as, quote, our money and our currency. This, in turn, sent shivers down the spine of Bitcoin supporters as the lack of such meddling in the money supply is a key benefit over Fiat, which makes the cryptocurrency a form of hard money. The third major bull signal of twenty twenty-four bitcoin is its upcoming having event. This event was shaping up to become really the main narrative and the main attraction of 2020. Given that it makes the asset more scarce after it’s first having the bitcoin price skyrocket 100 times in this year, and the second having also brought its investors 33 times returns, that may not be the case this time around. I’m not quite holding my breath, to be perfectly honest and candid, because I think contextually there’s just a lot more happening at this time and there are too many other variables that are going to be weighing in. But potentially the having could have a positive impact on bitcoin. Will it be 100 times or 33 times the current value afterwards? Probably not, but it should have a positive net effect. Overall, our fourth and final bullish signal for bitcoin in 2020 is the use cases for gambling, which are still increasing really on an everyday basis. Cryptocurrencies may still have people, many people asking questions about credibility and safety, but really for millions around the globe, they’re becoming a normal way of making payments in many different areas of life. And one such area is certainly AI gaming or online gambling. And players in Europe have become extremely savvy with using Bitcoin to make their sports bets and play casino games online. Really, the biggest factor for this is anonymity and ease of use. However, one negative side, at least for now and for some users, is the volatility of bitcoin because unlike fiat currencies whose value will barely move for months or years on end, the value of bitcoin has a tendency to jump up and down quite significantly. Of course, we have covered a lot of the leaders in this. Based such as at chillis, I want to clarify, chillis are not a gambling token, but it is affiliated with different football clubs, for example, the sports world. This is something that we’re gonna see more and more of in the months and years ahead. Mark my words. OK, let’s be fair at this point in round out this list with the mirror image for bearish signals beginning with number one, decreasing usage and also global payment, including visa usage, which is down right now. So the usage of bitcoin has plunged to actually to a two year low in the last couple of days with only 250000 transactions occurring per day in these last few days, as revealed by the founder and CEO of Quantum Economics, Matty Greenspan. The short term prediction for the leading cryptocurrency is actually thus quite bearish. The bitcoin price has also created a bearish, hammered candlestick for the month of March, but has managed to stay above an important monthly support level. In the short term, the price is expected to decrease towards the support line of the possible symmetrical triangle. And even as I mentioned, Visa is predicting only single-digit percentage revenue growth in contrast to Q1 last year 2019, where double-digit percentage growth was expected and for Q2 after a sharp drop in activity during March. They’re not all that optimistic based on everything that is happening in the world. Visa, I think at least is one of those recession-proof industries. They’re never gonna suffer to the extent that some others are. But you can see when they’re expressing some concern over their profits and revenues, you know, something is up. Number two, bearish signal for bitcoin. The hash rate is actually dropping and mining is becoming unprofitable at least a little bit. So the Bitcoin network hash rate took a steep dive on the twenty-sixth of March, dropping a whopping fifteen point nine five percent, which is a 45 percent drop from its peak highs of 2020. The hash rate dipped from one hundred thirty-six point two quintillion hashes per second on the 1st of March to just seventy-five point seven XA hashes on March 26, according to data from blockchain dot com. The fifteen point five percent drop had directly impacted the decrease in mining difficulty from a measurement of sixteen point five trillion to thirteen point nine trillion on the twenty-sixth of March, meaning that a large number of miners had disconnected from the chain entirely. Such a turn of events was expected after the past month’s turbulent events which saw Bitcoin roller coasting to three thousand six hundred, showing a 60 percent decline. And yeah, as a result, many miners allegedly found it unprofitable to keep mining and running their equipment, which, of course, consumes a lot of electricity. Our third bearish signal for 2020 is the technical analysis. So although the first quarter of 2020 was not the best ever quarter for Bitcoin, the flagship cryptocurrency still managed to beat two of the three major U.S. stock indices, the Dow Jones Industrial Average or the Dow and the S&P 500 index. Bitcoin beat both of those by a rather wide margin. But since then, this highly contagious viral disease that is now the focus of every headline has launched a devastating attack on how we live. And, of course, as a result, the world economy as well. Bitcoin rose in the early parts of the year because investors and enthusiasts were focused on the upcoming having season. But it declined. When the markets crashed and many investors exited the cryptocurrency to fill margin calls as stocks also declined again, this was a rush toward liquidity. In addition, as most investors got hammered, it lowered the demand for the currency and our fourth and final bearish signal for Bitcoin in 2020. The global economic turmoil, unfortunately, is not over. Just when the global financial markets were in a state of turmoil, Bitcoin failed to prove itself as a, quote, safe haven for investors. Again, after rising 40 percent during early 2020, Bitcoin entered Q1 with 10 percent negative returns year to date. Just as we are entering the second quarter of 2020, the crypto markets seem to be stabilizing after a major correction. Bitcoin, which has been a star performer in the early half of the Q1, faced massive sell-off in the second half, and as of the thirty first, of March, Bitcoin ended the first quarter with 10 percent negative returns year to date at press time. Bitcoin is trading at a price of about six thousand three hundred fifty dollars with a market cap of about $115 billion. Thus, Bitcoin alone contributes to nearly 65 percent of the overall cryptocurrency market cap. Hence the 65 percent dominance metric that we discuss and we reference every day while members of the old boy’s army. Are you on the side of the bulls or are you on the side of the bears? Let us know your thoughts about our reasoning and our suggestions and we have listed here in the comments below. There are arguments certainly to be made both ways, but that about wraps it up for today. To be sure. You’re following us on all the regular social media channels and keep checking back into altcoin by Scott. I owe for all the latest. Go ahead. Like subscribe, share and hit the bell to receive notifications of. If you’ve enjoyed today’s video. Best of luck if you choose to invest on this hump day. Best of luck. If you choose to enter or give away our competition, we give away a crypto tag ZUS starter kit every Saturday. To be eligible for that prize, you gotta make sure you’re subscribed to altcoin Buzz on YouTube. You get to like our videos and you got to comment on our videos. Have a wonderful midweek, everybody. Happy Humpday. And as always, we hope to see you again soon in our next video. Take care.

source https://www.cryptosharks.net/4-bullish-reasons-to-buy-bitcoin/ source https://cryptosharks1.blogspot.com/2020/04/4-bullish-reasons-to-buy-bitcoin.html

[cryptosharks1]

4 BULLISH REASONS TO BUY BITCOIN

VIDEO TRANSCRIPT

Hey, everybody, met here with altcoin Buzz, Happy Hump Day. Hope your midweek is going very well indeed. Today we’re looking at the case for four bullish Bitcoin signals in 2020. We’ll also round out and in a responsible way, at least in our opinion, are going to try to give you the devil’s advocate argument and give you four reasons why there may be a bearish scenario to look forward to. However, we’ll start with the four positive ones that we’ll start here. First of all, I’m quite a market cap dot.com. On this April 1st, we have a meteoric success in the form of toilet paper token. It has surpassed bitcoin up one thousand one hundred twenty-three point nine seven percent in these last 24 hours. In fact, it’s so hot that it is out of stock. Happy April, fools, everybody. Don’t forget, if you like this kind of content bitcoin blockchain, cryptocurrency. Make sure to hit the subscribe button. Hit the like button below. And stay tuned to the end of this video to learn more information on our crypto tag ZUS starter kit, which we give away every Saturday. OK. So the price of Bitcoin has been following a descending resistance line since the 15th of March when it reached its local high of six thousand nine hundred fifty-seven dollars and at the time of publishing the price was rejected from the resistance line and has begun to decrease. In addition, there is a strong resistance area at six thousand five hundred dollars, which the prices unsuccessfully attempted to break out from in these past two days. Now let’s look at some fundamental factors, both bullish and bearish for Bitcoin. Bullish signal number one, Bitcoin is very likely to follow gold if not at a one to one level, at least in part. So Bitcoin and cryptocurrency as a whole is still a relatively small asset class that is only currently getting slightly correlated to traditional markets and is in the process of being established. After all, the current market environment is a big test for bitcoin, and besides the Friday the 13th major drop, it has actually held up quite well being only an 11-year-old asset. And as for gold, which went up around 3.75 percent in Q1 of 2020, which is a much more established and safe-haven asset than Bitcoin and also has a smaller total user base. Bitcoin is a bit behind gold a bit in terms of performance. But one can argue that as we move along in the next few months and years, Bitcoin starts to take larger shares away from gold, though unlike gold, which can be found on the other planets in vast quantities and on asteroids and all the far corners and reaches of space. Bitcoin is absolutely scarce and has a strict limit of 21 million coins, which is enforced by a network of decentralized miners across the globe and it’s mathematically guaranteed. So that fact alone, the scarcity model from Plan B predicts it will make bitcoin more valuable than gold over the coming decades. And just a reminder, gold’s market cap is far, far higher somewhere in the 7 to 8 trillion range. As we can see on coin market cap, dot.com bitcoin right now only has a total market cap of 114 billion. So approximately and this is just a ballpark figure, some 35 times less than where gold is. If gold were to be the world reserve digital currency, it could swell conceivably 20, 30, 40, 50 times or more. A bullish signal for Bitcoin. Number two, infinite money printing by the Federal Reserve and Donald Trump here on Bloomberg.com. Against this backdrop of incessant money printing, Bitcoin is a disinflationary or deflationary currency whose total supply again is strictly limited to 21 million. Bitcoin has never seemed more attractive in light of what is happening now. And Mike Novogratz described it as the strongest bull case for the benchmark cryptocurrency. Even though Crypto failed to perform as a safe haven during the Corona virus-driven selloff, the Wall Street bull Mike recently opined that 20:20 could end up being another big year for Bitcoin, as we can see here. In his tweet, this from thirty-first of March. Money Grows on Trees 20:20 by Bitcoin after the Federal Reserve said it had, quote, unlimited money. Trump claimed that the state could manipulate infinitely, describing it as, quote, our money and our currency. This, in turn, sent shivers down the spine of Bitcoin supporters as the lack of such meddling in the money supply is a key benefit over Fiat, which makes the cryptocurrency a form of hard money. The third major bull signal of twenty twenty-four bitcoin is its upcoming having event. This event was shaping up to become really the main narrative and the main attraction of 2020. Given that it makes the asset more scarce after it’s first having the bitcoin price skyrocket 100 times in this year, and the second having also brought its investors 33 times returns, that may not be the case this time around. I’m not quite holding my breath, to be perfectly honest and candid, because I think contextually there’s just a lot more happening at this time and there are too many other variables that are going to be weighing in. But potentially the having could have a positive impact on bitcoin. Will it be 100 times or 33 times the current value afterwards? Probably not, but it should have a positive net effect. Overall, our fourth and final bullish signal for bitcoin in 2020 is the use cases for gambling, which are still increasing really on an everyday basis. Cryptocurrencies may still have people, many people asking questions about credibility and safety, but really for millions around the globe, they’re becoming a normal way of making payments in many different areas of life. And one such area is certainly AI gaming or online gambling. And players in Europe have become extremely savvy with using Bitcoin to make their sports bets and play casino games online. Really, the biggest factor for this is anonymity and ease of use. However, one negative side, at least for now and for some users, is the volatility of bitcoin because unlike fiat currencies whose value will barely move for months or years on end, the value of bitcoin has a tendency to jump up and down quite significantly. Of course, we have covered a lot of the leaders in this. Based such as at chillis, I want to clarify, chillis are not a gambling token, but it is affiliated with different football clubs, for example, the sports world. This is something that we’re gonna see more and more of in the months and years ahead. Mark my words. OK, let’s be fair at this point in round out this list with the mirror image for bearish signals beginning with number one, decreasing usage and also global payment, including visa usage, which is down right now. So the usage of bitcoin has plunged to actually to a two year low in the last couple of days with only 250000 transactions occurring per day in these last few days, as revealed by the founder and CEO of Quantum Economics, Matty Greenspan. The short term prediction for the leading cryptocurrency is actually thus quite bearish. The bitcoin price has also created a bearish, hammered candlestick for the month of March, but has managed to stay above an important monthly support level. In the short term, the price is expected to decrease towards the support line of the possible symmetrical triangle. And even as I mentioned, Visa is predicting only single-digit percentage revenue growth in contrast to Q1 last year 2019, where double-digit percentage growth was expected and for Q2 after a sharp drop in activity during March. They’re not all that optimistic based on everything that is happening in the world. Visa, I think at least is one of those recession-proof industries. They’re never gonna suffer to the extent that some others are. But you can see when they’re expressing some concern over their profits and revenues, you know, something is up. Number two, bearish signal for bitcoin. The hash rate is actually dropping and mining is becoming unprofitable at least a little bit. So the Bitcoin network hash rate took a steep dive on the twenty-sixth of March, dropping a whopping fifteen point nine five percent, which is a 45 percent drop from its peak highs of 2020. The hash rate dipped from one hundred thirty-six point two quintillion hashes per second on the 1st of March to just seventy-five point seven XA hashes on March 26, according to data from blockchain dot com. The fifteen point five percent drop had directly impacted the decrease in mining difficulty from a measurement of sixteen point five trillion to thirteen point nine trillion on the twenty-sixth of March, meaning that a large number of miners had disconnected from the chain entirely. Such a turn of events was expected after the past month’s turbulent events which saw Bitcoin roller coasting to three thousand six hundred, showing a 60 percent decline. And yeah, as a result, many miners allegedly found it unprofitable to keep mining and running their equipment, which, of course, consumes a lot of electricity. Our third bearish signal for 2020 is the technical analysis. So although the first quarter of 2020 was not the best ever quarter for Bitcoin, the flagship cryptocurrency still managed to beat two of the three major U.S. stock indices, the Dow Jones Industrial Average or the Dow and the S&P 500 index. Bitcoin beat both of those by a rather wide margin. But since then, this highly contagious viral disease that is now the focus of every headline has launched a devastating attack on how we live. And, of course, as a result, the world economy as well. Bitcoin rose in the early parts of the year because investors and enthusiasts were focused on the upcoming having season. But it declined. When the markets crashed and many investors exited the cryptocurrency to fill margin calls as stocks also declined again, this was a rush toward liquidity. In addition, as most investors got hammered, it lowered the demand for the currency and our fourth and final bearish signal for Bitcoin in 2020. The global economic turmoil, unfortunately, is not over. Just when the global financial markets were in a state of turmoil, Bitcoin failed to prove itself as a, quote, safe haven for investors. Again, after rising 40 percent during early 2020, Bitcoin entered Q1 with 10 percent negative returns year to date. Just as we are entering the second quarter of 2020, the crypto markets seem to be stabilizing after a major correction. Bitcoin, which has been a star performer in the early half of the Q1, faced massive sell-off in the second half, and as of the thirty first, of March, Bitcoin ended the first quarter with 10 percent negative returns year to date at press time. Bitcoin is trading at a price of about six thousand three hundred fifty dollars with a market cap of about $115 billion. Thus, Bitcoin alone contributes to nearly 65 percent of the overall cryptocurrency market cap. Hence the 65 percent dominance metric that we discuss and we reference every day while members of the old boy’s army. Are you on the side of the bulls or are you on the side of the bears? Let us know your thoughts about our reasoning and our suggestions and we have listed here in the comments below. There are arguments certainly to be made both ways, but that about wraps it up for today. To be sure. You’re following us on all the regular social media channels and keep checking back into altcoin by Scott. I owe for all the latest. Go ahead. Like subscribe, share and hit the bell to receive notifications of. If you’ve enjoyed today’s video. Best of luck if you choose to invest on this hump day. Best of luck. If you choose to enter or give away our competition, we give away a crypto tag ZUS starter kit every Saturday. To be eligible for that prize, you gotta make sure you’re subscribed to altcoin Buzz on YouTube. You get to like our videos and you got to comment on our videos. Have a wonderful midweek, everybody. Happy Humpday. And as always, we hope to see you again soon in our next video. Take care.

source https://www.cryptosharks.net/4-bullish-reasons-to-buy-bitcoin/