BTC-prisen

I’ve been giving the same price forecast for 10 years

by admin .

„I’ve been giving the same price forecast for 10 years“ – Bitcoin Suisse founder Niklas Nikolajsen

The company Bitcoin Suisse has taken on a pioneering role when it comes to establishing Bitcoin in Switzerland and beyond. In the meantime, however, it is no longer just about Bitcoin, but about various digital assets and related services. From custody to staking to tokenisation, Bitcoin Suisse is increasingly becoming a multifaceted crypto-financial services provider. The company’s impressive growth trajectory has its origins in Niklas Nikolajsen. The Danish early adopter had Bitcoin Formula already recognised the potential behind Bitcoin in 2011 and subsequently founded Bitcoin Suisse in 2013. In the interview, he revealed to us whether Bitcoin will soon be used as an everyday means of payment, whether DeFi protocols will turn the banking world upside down and where he sees the Bitcoin price at the end of 2021.

Everywhere, including here, you read that institutional investors are pushing into the crypto market. Can you also observe this development among your clients in recent weeks and months?

Yes, the narrative about the influx of institutional investors is slowly coming true. At the end of 2017, at the peak of the Bitcoin hype, there was already a lot of interest from institutions. However, in the months that followed, in the bear market of 2018, this interest disappeared.

In December 2017, there were reports that even Goldman Sachs wanted to establish a crypto trading desk. Meanwhile, along with the falling market capitalisation, the interest of institutional investors also declined. It simply has to be said that the crypto market was too small in 2018/2019 from the perspective of institutions like JPMorgan and co. There was also no real use case for cryptocurrencies, other than as a store of value. With DeFi, however, new, experimental use cases came and continue to come up. But even these are not yet ready for the market today.

After the May 2020 halving, the situation changed. One could pretty well anticipate that Bitcoin would make a jump. However, the fact that the price rise happened so quickly surprised even us. The fact that institutions like MicroStrategy jumped in with large allocations was also incredible. Since halving, the market has been in a different world – crypto assets are now at a market capitalisation of one trillion US dollars. But it takes more than that; it takes working use cases for institutions to stay in the market for the long term.

Bitcoin Suisse has partnered with Wordline, the largest digital payment processor in Europe. Do you think that one day Bitcoin will really be used as a currency to pay for everyday things?

Or will Bitcoin stick to its narrative as digital gold – in the sense of an asset, but less as a currency?

That depends entirely on whether the transactions happen on-chain or off-chain. It is obvious: as a global means of payment, the base layer is too slow. The proverbial coffee purchase can be made on secondary solutions like the Lightning network, but not on the blockchain. However, if Lightning catches on, it is definitely possible that Bitcoin will mature into a currency. True, Lightning is not entirely „trustless“, as transactions are not immediately mapped on the blockchain. But it is a huge step forward from the current system. However, the market will decide which blockchain system will ultimately prevail. And that is a good thing.

There is hardly any interest left on bonds, especially government bonds. European government bonds in particular are practically without exception trading in negative territory. Can the staking of cryptocurrencies become an alternative in the future to generate regular interest income?

I don’t think the interest rate would be at zero per cent if there were no central bank intervention. In other words: We would never do a loan agreement where you lend me 1,000 euros and I give you back 900 euros in five years. Negative interest rates are something deeply unnatural. So we have to think, where does negative interest come from? If you look around, you find that the biggest debtors in the world are nation states. Although staking models are already alternatives, I don’t think they are ready to replace bonds as an alternative source of interest income.

Elon Musk godkender Bitcoin, Tesla indtager enorm BTC-position

by admin .

BICs Crypto Video News Show: Elon Musk godkender Bitcoin, Tesla indtager enorm BTC-position

  • Elon Musk har promoveret Bitcoin (BTC) i nogen tid nu.
  • Tesla har tilsluttet sig den institutionelle Bitcoin Club med en massiv investering på $ 1,5 mia.
  • Elons indflydelse på kryptomarkedet er fortsat et stærkt talepunkt

Trust Project er et internationalt konsortium af nyhedsorganisationer, der bygger standarder for gennemsigtighed.

I dagens BeInCrypto-video-nyhedsshow analyserer Jessica Walker den uovertrufne indflydelse, den rigeste mand i live for nylig har haft på bitcoin (BTC).

Mandag 8. februar overraskede Tesla Crypto Trader kryptosamfundet ved at annoncere et bitcoin (BTC) køb til en værdi af $ 1,5 mia. Den førende kryptokurrency brød straks sin heltidshøjde (ATH) og steg over $ 42.000.

Men er den rigtige elefant i rummet den overvældende indflydelse, som Elon Musk har på BTC-prisen?

Elon Musks Bitcoin Pump: Investering eller spil?

Sagaen omkring Elon Musks Bitcoin-tweets startede så langt tilbage som i marts 2014. Oprindeligt benægtede Musk at han ejede bitcoin. Men efter at han rygter om at være den ægte Satoshi Nakamoto i 2017, meddelte Musk sin første bedrift.

Ikke sandt. En ven sendte mig en del af en BTC et par år, men jeg ved ikke, hvor den er.
– Elon Musk (@elonmusk) 28. november 2017

Ting gik stille et stykke tid, og i 2019 begyndte fortællingen at blive bullish. Elon begyndte at tweete positivt om Bitcoin og priste nogle af dens nøglefunktioner. I mellemtiden bemærkede han, at kryptokurrency ikke var på Teslas radar.

I 2019 havde Elons tweets ikke nogen væsentlig effekt på markedet. I januar tweetede han tilfældigt:

Bitcoin er * ikke * mit sikre ord
– Elon Musk (@elonmusk) 10. januar 2020

Da coronaviruspandemien overtog, blev Musk tavs igen indtil udgangen af ​​året. Derefter fulgte han op med nogle ret mystiske Bitcoin-relaterede tweets.

Bare sjov, hvem har brug for et sikkert ord alligevel !?
– Elon Musk (@elonmusk) 20. december 2020

Bekvemt var bitcoin igen igennem en bull run, en massiv, der tog den forbi $ 42.000. Elons beholdninger var nu fem gange så meget værd, som da han afslørede, at han ejede 0,25 ftc.

Investorer bliver bekymrede

Siden da har Elon talt åbent om Bitcoin på Twitter og i interviews. Den 29. januar tilføjede han „#bitcoin“ til sin Twitter-biografi, som påvirkede Bitcoin-markedet. BTC-prisen gav et kumulativt unormalt afkast (CAR) på 6,31% på 30 minutter. Dette steg til 13,19% efter en time og nåede en højde på 19% over syv timer.

Et arbejdspapir udgivet af Blockchain Research Lab siger, at Musks kryptovaluta-tweets også skaber „betydeligt unormale afkast“ for Dogecoin (DOGE). Undersøgelsen undersøgte effekten af ​​Musks ét-ords DOGE-relaterede tweet i december. Det viste en indvirkning på meme-møntens CAR på 8,17% på bare fem minutter. Dette tal toppede på 17,31% efter en time.

Musks indflydelse er blevet en vigtig grundlæggende faktor og kan være en kilde til bekymring blandt investorer. Nogle har allerede udtrykt deres bekymring for Musks synlige effekt. Forværrede Teslas beslutning situationen?

CryptoWhale, en bemærkelsesværdig Twitter-konto for analyse af kryptokurrency, sagde, at virksomheden muligvis havde købt bitcoin til en lavere pris for at drage fordel af sine beholdninger.

Teslas SEC-arkivering inkluderer ikke den pris, de købte #Bitcoin på, eller datoen.

Folk antager bare, at de købte den til enhver tid, men de kom sandsynligvis meget lavere og har brug for exitlikviditet.
– Crypto Whale (@CryptoWhale) 8. februar 2021

I mellemtiden gentog den berygtede guldbug Peter Schiff den boblefortælling, han har om Bitcoin.

Som en påmindelse erkendte jeg muligheden for, at @elonmusk allerede havde købt #Bitcoin baseret på hans tunge pumpning. Jeg tror dog stadig, at hans primære motivation til at pumpe Bitcoin-boblen er ude af solidaritet med hans egen boble i #Tesla. To bobler er stærkere end en. https://t.co/O7UE1Pb313