Hard Facts About Cryptocurrencies And Finance With Simon Dixon

I'm seeing alot of talk we're in a bubble...

$10K brought alot of people in. $10K Euro brought alot of people in. It became "legitimate". Bitcoin has always been a boutique high risk experiment. Some of that risk fell out after china banned it, hash attack, community split attack et al. So it stopped being a $50 exercise and started being a $5000 exercise, i.e putting 1%-10% of your folio into it became a "rational play". All this is happening alongside institutional buy in, we haven't had retail and institutional buy in at the same time before for any asset I can think of. Moreover it's at global scale, at internet speed, during a time of super high liquidity, high asset prices, high value centralisation within the economy (more technical point). Suffice to say there might be drops, but all this looks fine from a risk/reward investment perspective. The reality is we've never had an asset like this, most people just got the core value wrong by orders of magnitude. Simon Dixon has a good take on this stuff, these assets are massively massively undervalued. Still and right now. Keep HODL. If you can't, it's fine, the rally will continue, take a break, come back later.
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INVESTING IN THE FUTURE OF FINANCE; BNKTOTHEFUTURE

BnkToTheFuture (BFT) started in 2010, with a mission to build the largest and most reputable Online Investment Platform in order to co-invest with other professional investors in the future of finance and technology. BnkToTheFuture has a community of over 60,000 global professional investors all investing online in FinTech, Bitcoin and Blockchain companies. Previous clients include BitFinex, BitStamp, Krakan, ShapeShift, BitPay Telegram and over 100 others. The BnkToTheFuture Token (BFT) can be used by all as a reward token to help in creating a less centralised process for listing on BnkToTheFuture.com platform as well as a community enhanced with due diligence process for deals being listed on the BnkToTheFuture platform for users. Similarly, using the BnkToTheFuture platform, investors will be able to have access to incentivised, fast and real time Investor relations with more transparency of information as well as a token to be used by investors on the BnkToTheFuture online investment platform. TOKEN SUMMARY Total Supply: 1,000,000,000 Token in Circulation: 400,000,000 Token Price:(pre-sale) 1 BFT approx US$0.10 in ETH BnkToTheFuture Token (BFT) is currently listed on Huobi Pro with 1510157BFT trading volume, 24hours Highest trading price at 0.00002537BTC and 24hours Lowest trading price at 0.00002438BTC while the current price for 1BFT is 0.00002514BTC ($.017).
To register an account on Huobi pro, click this here. Before the term ICO hit the headlines, BnkToTheFuture has invested in many of the early token sales some of which includes storj.io, a platform offering a decentralized and end-to-end encrypted cloud storage solution built on the blockchain network. Storj, like other similar services, offers several advantages over more traditional cloud storage solutions: since data is encrypted and cut into "shards" at source, there is almost no conceivable way for unauthorized third parties to access that data. Data storage is naturally distributed and this, in turn, increases availability and download speed thanks to the use of multiple parallel connections.
Similarly, BnkToTheFuture has also invested in Ethereum; a decentralized platform that runs smart contracts (applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference). This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk. More importantly, however, this unique system allows the creation of a variety of sophisticated systems using blockchain technology capable of handling complex transactions and contracts while maintaining decentralized anonymity and freedom. Additionally, Ethereum comes equipped with its own currency available for sale and trade. The BnkToTheFuture road map to the future started in 2010 with BnkToTheFuture.com being incorporated in UK as one of the first Online Investment Platforms for private equity in the world. Since then, the project has been a successful development in progress and top on the list is the plan to launch a full tokenized securities marketplace with the first two companies on BnkToTheFuture’s secondary market with their exchange partner. BFT is currently listed on Huobi Pro, use this link to start trading! https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523
Tune into Huobi Talk on Youtube this Thursday to hear from the CEO & Co Founder of BnkToTheFuture, Mr. Simon Dixon: https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw
submitted by erwinjrng89 to Bnktothefuture [link] [comments]

[uncensored-r/Bitcoin] It's in times like these that education is necessary

The following post by jonat3 is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7r1eah
The original post's content was as follows:
Playlist with Andreas Antonopoulos as well as a few other classics. Is meant for people completely new to bitcoin.
Took quite awhile to assemble this playlist. Playlist is in chronological order. Watch in that sequence. Adjust playing speed in youtube to suit your needs.
Consider this page 1 in a series. May be updated from time to time.
Intro
Who is in control
How does it work
Security (and who's backing it)
By the love of God, watch first video entirely (click link in description once you understand). Don't be goxxed!
Some videos about bitcoin being a bubble
Some basic economics
Networks (!!!)
Why Bitcoin
Altcoins vs Bitcoin
Worried about high fees or the slow transactions? See the motivation behind the fee structure (pay special attention to the last video)
Important classics about the theory of money
Early classics (last video is gold :p)
Important backdrop for why bitcoin emerged starring Stefan Molyneux and Mike Maloney
Bitcoin's larger importance with Andreas Antonopoulos
Banking and Blockchain with Andreas Antonopoulos
Consumer protection
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EU Banks Must Shun Bitcoin Until Rules in Place, EBA Says

http://www.bloomberg.com/news/2014-07-04/eu-banks-must-shun-bitcoin-until-rules-in-place-eba-says.html
By Ben Moshinsky and Jim Brunsden 2014-07-04T15:54:17Z
The European Commission signaled it will try to impose rules on virtual currencies such as Bitcoin after the bloc’s banking regulator ordered lenders to shun them.
“It’s imperative to move quickly on this issue,” Chantal Hughes, a spokeswoman for Financial Services Commissioner Michel Barnier, said by e-mail today. “The potential for money laundering and terrorist financing is too serious to ignore.”
The Commission, the EU’s executive arm, moved after the European Banking Authority said banks shouldn’t buy, hold or sell virtual currencies until regulators develop safeguards to protect their integrity. The watchdog identified more than 70 risks linked to the currencies ranging from identity theft to the possibility hackers could target a trading platform.
Virtual currencies have come under increased scrutiny from regulators and prosecutors around the globe. Mt. Gox, once the world’s biggest Bitcoin exchange, filed for bankruptcy in Japan earlier this year amid claims it lost 850,000 Bitcoins. China’s central bank barred financial firms from handling virtual currency transactions last year.
“Regulators have become alert to the potential for fraud and disruption,” Richard Reid, a research fellow for finance and regulation at the University of Dundee, Scotland, said by e-mail. “Such attention from regulators is bound to curb the growth of markets such as Bitcoin.”
The EBA called on the EU to devise rules for trading platforms and start groups to oversee each internet currency to ensure that no individual can manipulate a currency. The EU should consider extending the scope of anti-money laundering law to better cover virtual currencies, according to the EBA.
‘Substantial’ Rules
“The EBA is of the view that a regulatory approach to addressing the risks it has identified would require a substantial body of regulation,” the regulator warned.
Widespread use of the currencies could also make it harder for central banks to steer the economy by making the effects of monetary policy harder to predict, the EBA noted.
Bitcoins emerged in 2009 out of a paper authored under the pseudonym Satoshi Nakamoto. Since then, retailers selling items from Gummi Bears to luxury homes have started accepting Bitcoins, and new companies have begun offering ways to ease its use as a payment system.
The currency gained credibility after law enforcement and securities agencies said in U.S. Senate hearings that it could be a legitimate means of exchange. The price of Bitcoins topped $1,000 as speculators anticipated broader use of digital money.
Not ‘Helpful’
The price has since dropped to about $629.98, including a 1.8 percent decline today, on Bitstamp, an online exchange based in Slovenia.
The EBA’s announcement is “not very helpful” and may only deter individual users of virtual currencies, according to Simon Dixon, a director of the U.K. Digital Currency Association, a group representing the country’s virtual currency industry.
“Banks are not engaging with digital currencies yet as it is a person-to-person network that operates outside of banking,” he said by e-mail. “The more likely result of the announcement is to scare people from using digital currencies rather than banks.”
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Crypto Whale Simon Dixon: Will Bitcoin return to $20,000 this year? #Bitcoin, Stocks, #Gold, Health Crisis  Simon Dixon on State of Markets with Tone Vays Why Peter Schiff dislikes #bitcoin - Simon Dixon explains #Bitcoin Post Halving. Pump or Dump?  #Live AMA with Simon Dixon The Real Price of Stocks  #LIVE AMA with Simon Dixon

Bitcoin Capital was founded by Financial Journalist, FinTech Entrepreneur and Investor Max Keiser and Simon Dixon, the author of ‘Bank To The Future’ and founder of Equity CrowdFunding Platform BnkToTheFuture.com. For years they have been providing content on the future of banking and spoke together at the world’s first Bitcoin Conference in Prague when the price of Bitcoin was $3. Since ... Simon Dixon: What we’re seeing, over the years, is that liquidity was ultra-low in the early days and volume has significantly increased. We still have a very volatile asset based upon people not knowing what impact Bitcoin’s going to have in the world. What we have seen is that with each cycle, each boom and bust, the percentage correction seems to decrease, and it seems to be converging ... Simon Dixon: What we’re seeing, over the years, is that liquidity was ultra-low in the early days and volume has significantly increased. We still have a very volatile asset based upon people not knowing what impact Bitcoin’s going to have in the world. What we have seen is that with each cycle, each boom and bust, the percentage correction seems to decrease, and it seems to be converging ... Simon Dixon: No, Bitcoin can't prevent that from happening, but what you can ensure is that on the protocol level, this supply is apolitical. There's 21 million, that is never going to change. There's 21 million, that is never going to change. According to Simon Dixon, the current crash certainly isn’t he first one: he’s seen his $30 Bitcoin crash to $3, his $1,250 Bitcoin crash to $250, and his $20,000 crash to the current price. Mr. Dixon does note, however, that each successive Bitcoin bear market is slightly longer, and with every longer bear market there follows a higher new high.

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Crypto Whale Simon Dixon: Will Bitcoin return to $20,000 this year?

Philadelphia, PA- I flew out here on a red eye from LA and I am catching up on life. The show must go on. Simon Dixon was the very special guest talking about all aspects of Bitcoin. From ... In the LIVE AMA with Simon Dixon which was titled "The Real Price of Stocks", Simon answered a question which was related to why many traditional investors s... https://BnkToTheFuture.com CEO, Simon Dixon speaks on Tone Vays' show, discusses Bitcoin, stocks, gold, the health crisis and the state of markets with Tone Vays and other speakers. Simon Dixon is ... #BITCOIN #Cryptocurrency #Cardano https://ChainWise.us Coming November 8-9 in Cincinnati, OH https://CrowsNestEx.com - US Based Software As A Service Digital... #Bitcoin Post Halving. Pump or Dump? #Live AMA with Simon Dixon About Simon: Simon Dixon: co-founder and CEO of the largest Global Online Investment Platform - BnkToTheFuture.com Author of ...

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