Bitcoin Signal - 24-07-2020

There  are several signals that confirm bottom of the channel for the bullish start.

a) Three white soldiers driving the purchase price increase even without apparent volume.

Scam Alert: On a flimsy excuse; Paxful Freezing users account with BTC inside

This happened recently on Reddit and the admin  deleted the post made by one of its uesers

 I managed to read the full message but could not screen-grab it before it was removed by the paxful reddit community manager.  Turns out that Paxful has not changed over the years despite collaborating with one of the biggest exchange worldwide, Binance.

Trump: Bitcoin is not money and is based on thin air..

Trump claims Bitcoin is not money and is based on thin air..  How many BTC Trump has in his portfolio? Don't be deceived!

Be prepared, the time is near!

Infenite Brrrr! Get ready, the time is near.

Demand for Bitcoin Will See a Dramatic Shift in 8 Years - Retail Investors to Eat up Entire New Supply

A recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the new supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the new supply alone.” Even the next halving in 2024 could see retail accounting for acquiring 50% of the bitcoins in circulation.

Chinese Authority Freezes Thousands of Cryptocurrency Traders' Bank Accounts

Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and supposedly can be unfrozen if the authority finds no evidence of illicit activities.

Open Letter to Peter Schiff That Claims Bitcoin Has No Intrinsic Value

Peter Schiff is number 1 un-educated person about the meaning of Intrinsic value of Bitcoin. This is why I don't like many uneducated people about BTC.
 

1) Bank Bureaucracy

Many people just don't get it. There was a time you could only send 2 letters per month between you and your parent living abroad. If anyone told your parent that time that one day you would be able to send 40messages per 30 minutes. They would probably think you have gone crazy. That was in the 70s and here we are, I can send 40 messages within 3mins. If the receiver replies, we could have a chat via testing in 5 minutes with over 100 messages.