It has been a difficult week for Bitcoin. The price fell more than 8 percent and fell below $ 10,000 for three consecutive days. But analyst Willie Wu thinks things are looking good. He believes that chain indicators such as the NVT ratio indicate an optimistic view, while Su Zhu from Three Arrows Capital believes that an increase to $ 100,000 is more likely than a decrease to $ 5,000.

The son of a gold investor and bitcoin critic Peter Schiff is convinced. An 18-year-old college student bought several bitcoins against his father’s advice. When asked if they wanted to follow a student who has not had a job or an investment guru in 30 years, Twitter chose the bitcoin tab.

At the very least, a young chef will be assigned to the ends of the earth. Podcast Adam Curry told comedian Joe Rogan that the end of the world is approaching, and when you hide in your house and fight zombies, you need bitcoins. Not surprisingly, Bitcoin is now the sixth largest currency in the world. And this despite death. As the cryptocurrency loses value this week, the Bitcoin obituary should add another eulogy to the list.

Since you are mourning the death of Bitcoin # 382, ​​you can postpone the download of Bitcoin Cash. It turns out that Tim Draper has not bought or thanked Roger Vera lately. Looks like his Twitter account was hacked or an error occurred with paid ads.

But if the world ends, GoodDollar can save us. The EToro token distributes the daily amount as basic income for platform members. Andrew Yang would have loved it. Alternatively, you can simply hack your wallet. Crypto Twitter user Alon Gal announced that they have 69,000 bitcoins in their wallets. He just does not have a password. Hackers tried unsuccessfully to hack it for two years. Have you tried “password123”?

The number of active decentralized independent organizations, or DAOs, has risen over the past year. This is 660 percent more, from ten a year ago to 76 now. Meanwhile, the first phase of the MakerDAO debt auction is in its final phase. Bidders have already committed to buy Maker Tokens for $ 2 million using Dai.

It’s not just DAO. Starbucks is now preparing to roll out a blockchain to track coffee beans and provide greater product transparency. China’s international aviation city Hainan Wenchang will use the blockchain to support the Smart Brain Planning and Design Institute. Bangladesh is in the process of creating its first blockchain-enabled translation service. This service will allow Bangladeshi expats in Malaysia to send their money home.

There were some setbacks this week as well. The Texas Securities Board has discovered several cryptocurrency scams. Texas Securities Commissioner Travis J. Els has named Kumar Baba Bundesi and Darwin Eric Balosik as the alleged operators of ForexBirds and PEK Universe. They get up to ten years in prison. Balusek is also known as the “bitcoin dad”.

YouTube has successfully supported live streaming of Sunny Decree cryptocurrencies. The platform said that the video violates the “harmful and dangerous” content policy.

Finally, Cointelegraph editor Jay Cassano was named CEO. John Rice, former CEO of Cointelegraph, will take the position. Congratulations to them both.

Source: CoinTelegraph

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