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Cryptonator

Cryptonator is an online cryptocurrency exchange rate conversion tool, which allows you to instantly convert almost every cryptocurrency into another cryptocurrency or into US Dollar and Euro. It supports not only Bitcoin, Litecoin or Dogecoin, but also around 300 other cryptocurrencies including latest ones.
[link]

$1 at a time

If 1 million people gave a dollar to someone, they could be a millionaire. We are an embodiment of [this showerthought](https://www.reddit.com/Showerthoughts/comments/2mq94c/if_a_million_of_us_picked_a_certain_redditor_and/) Let's make a millionaire together! Every month, there is a drawing thread and a winner thread.
[link]

Atomic-TradeLLC: Crypto Exchange

*Welcome to the only exchange that rewards you for doing what you already do.* Earn ATP (Atomic Points) for trading, chatting and referrals. Every 6 hours you get paid a percentage of the sites fees based on how many ATP you are holding. It's feeshare for everyone. Buy any coin on the exchange and be entered into the hourly lotto. The more you trade the more everyone wins.
[link]

Not good for Bitcoin: US dollar is rebounding from multi-year support

The United States dollar has started to rebound from a multi-year support level. Simultaneously, the prices of both Bitcoin (BTC) and gold have both dropped off. Additionally, the European Central Bank’s (ECB) warning against the appreciating euro is further catalyzing the dollar’s rally. ECB looks to weaken the euro as the dollar just begins its […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

Macro Investor Warns Global Currencies on ‘Cliff of Death’, Bets on Bitcoin, US Dollar, Gold and Bonds

Macro Investor Warns Global Currencies on ‘Cliff of Death’, Bets on Bitcoin, US Dollar, Gold and Bonds submitted by n4bb to CoinPath [link] [comments]

Buy Bitcoin, US Dollar Will Become Worthless: Warns Kim Dotcom over Impending Big Crash

Buy Bitcoin, US Dollar Will Become Worthless: Warns Kim Dotcom over Impending Big Crash submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin US Dollar Dive /r/Bitcoin

Bitcoin US Dollar Dive /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] US dollar will end 2017 as worst since 2003 while Bitcoin up 1372%

The following post by wwtt1210 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/7n4414
The original post's content was as follows:
http://coinwisdom.org/46597-us-dollar-will-end-2017-as-worst-year-since-2003-while-bitcoin-is-up-1372/
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Bitcoin's US Dollar Buying Power Over the Last 100 Days /r/Bitcoin

Bitcoin's US Dollar Buying Power Over the Last 100 Days /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

03-29 18:23 - 'Bitcoin's US Dollar Buying Power Over the Last 100 Days' (i.redd.it) by /u/TragicallyHopeful removed from /r/Bitcoin within 0-10min

Bitcoin's US Dollar Buying Power Over the Last 100 Days
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Author: TragicallyHopeful
submitted by removalbot to removalbot [link] [comments]

[uncensored-r/Bitcoin] US Dollar is inevitable loosing its value. 1 USD = 0.84 Euro. 1 USD = 0.00011 Bitcoin

The following post by foundanotherscam is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7fnn36
The original post's content was as follows:
US Dollar is inevitable loosing its value. 1 USD = 0.84 Euro. 1 USD = 0.00011 Bitcoin
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

[uncensored-r/Bitcoin] US dollar going to shit

The following post by thatguy1888111 is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/785qui
The original post's content was as follows:
This meme is getting out of hand. US dollar will ALWAYS be the strongest currency fiat or crypto, and you know why? Because... wait for it
You pay your taxes in DOLLAR.
Bitcoin as the global reserve currency? Think again. If you think the US government will ever start accepting tax payments in bitcoin (and cut their balls off completely giving up their hegemony for no reason) then sure, bitcoin could become the global reserve currency. And in this same fantasy world, pigs fly, there are pots of gold at the end of every rainbow, and people value tulips and houses exactly the same.
At the end of the day, everybody reading this right now WILL cash out eventually. Because youll need to pay rent, or taxes, or youll want to buy something like a car or groceries or whatever... and you will need DOLLAR to do that. And especially when it comes to paying taxes, dont kid yourself. Unless you plan to live completely off the map, not have any real-world dollar income of any kind, you will owe taxes in dollar, and thus you will need to acquire dollars.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Dornbusch and the Bitcoin - Forecasting the Bitcoin/US Dollar exchange rate using the overshooting model

submitted by sendtowallet to Bitcoin [link] [comments]

Dornbusch and the Bitcoin - Forecasting the Bitcoin/US Dollar exchange rate using the overshooting model (.docx file)

submitted by cryptocurrencylive to CryptoCurrencyLive [link] [comments]

US Federal Reserve Actively Working on Digital Dollar | Bitcoin News

US Federal Reserve Actively Working on Digital Dollar | Bitcoin News submitted by ZmasterFlash69 to Ripple [link] [comments]

09-05 02:34 - 'Bitcoin Plunged Violently Losing 7% And Liquidated $100M Longs, Here Is Why' (self.Bitcoin) by /u/cryptoanalyticatech removed from /r/Bitcoin within 1405-1415min

'''
Bitcoin has been rising for most of this year. However, it experienced a sharp fall on September 3 losing up to 7% of its value to sink towards $10,500. The losses happened in less than two hours liquidating more than 100 million worth of longs in the process. Taking a look at BitMEX alone, the sudden crash wiped out almost $99 million worth of longs.
Three major factors might have likely caused a sudden drop in the price of the flagship crypto. The strength of the U.S. dollar, miner outflows, and major resistance are to blame for the sharp correction below $11K.
Miner Outflows
According to reports that emerged earlier today, large-scale mining pools are sending higher-than-normal amounts of Bitcoin to exchanges in recent days.
This data indicated that miners were now preparing to sell their holdings which added selling pressure to the crypto markets. The CEO of CryptoQuant, Ki Young-Ju, wrote:
“Miners send a certain amount of BTC to exchanges periodically, so they already have a large amount of BTC in the exchange. Whenever they decided to sell, it seems they move a relatively significant amount of BTCs to other wallets, and some of them are going to exchanges.”
Miners represent one of the two sources of external selling pressure in the bitcoin market other than exchanges. When miners start to sell their holdings, it could cause considerable pressure on bitcoin.
US Dollar Rally
In the past three days, the US dollar has rallied against all other reserve currencies. The dollar showed some strong momentum against the euro. Based on previous reports, the European Central Bank (ECB) warned that the euro has become quite expensive. The ECB’s warnings rattled the markets resulting in a euro sell-off as most investors feared the imposition of various restrictions.
As the US dollar started to rally from a multi-year support area, both gold and bitcoin declined steeply.
Bitcoin Was At Strong Resistance
The $12,000 to $12,500 range has acted as a strong area of resistance for bitcoin since 2018. Bitcoin’s price tested the $12,000 resistance level for the fourth time in a relatively short period. That might have led to a reaction from sellers which contributed to the pullback of bitcoin.\
But the price of bitcoin dropped to as low as $10,625 across major exchanges. A well-known pseudonymous trader, Salsa Tekila, said it is a strong support level at a higher time frame. Thus, a bounce is likely to happen in the near term.
'''
Bitcoin Plunged Violently Losing 7% And Liquidated $100M Longs, Here Is Why
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Author: cryptoanalyticatech
submitted by removalbot to removalbot [link] [comments]

In Alien, the starship that Ripley blew up cost only $42million. Today, SpaceX Starship will cost at least $2billion to develop. This gives us a sense of how inflation has changed the perception of dollar value since 1979, and why the crypto movement began in Bitcoin.

In Alien, the starship that Ripley blew up cost only $42million. Today, SpaceX Starship will cost at least $2billion to develop. This gives us a sense of how inflation has changed the perception of dollar value since 1979, and why the crypto movement began in Bitcoin. submitted by decuneiform to CryptoCurrencies [link] [comments]

How Trump’s Strategy For the US Dollar Could Ultimately Impact Bitcoin

How Trump’s Strategy For the US Dollar Could Ultimately Impact Bitcoin submitted by SaneFive to CryptoCurrencies [link] [comments]

How Trump’s Strategy For the US Dollar Could Ultimately Impact Bitcoin

How Trump’s Strategy For the US Dollar Could Ultimately Impact Bitcoin submitted by SaneFive to Bitcoin [link] [comments]

This election and all the uncertainty can't be good for the US dollar? Good for Bitcoin?

This election and all the uncertainty can't be good for the US dollar? Good for Bitcoin? submitted by CoinSavage to Bitcoin [link] [comments]

Exchange rate from Argentine peso to bitcoin, and then bitcoin to US dollar. Is it worth it?

Hi I'm a English teacher from the US living in Argentina. I don't have a local ID yet, so I can't sign up for a bank account or use the paypal equivalent here called Mercado Pago (Paypal only works in argentina for international transfers, not within the country like in the US). I only do online classes and some students are outside of my city.
My question is: if working as a tutor here, is it worth to have my students pay me in bitcoin (which I'm assuming they would have to buy if they don't have already), and then use that to transfer to dollars in my US bank account. Is this worth it or am I losing value in the process?
Edit: Transferwise doesn't work sending money between people in Argentina I can send money from a US bank account to someone in Argentina, but not the other way around. If you don't know the answer to the question I'm asking, please don't respond.
submitted by ThisSuckerIsNuclear to Bitcoin [link] [comments]

The best DApps, which will likely lead the next phase.

The best DApps, which will likely lead the next phase.
Author: Gamals Ahmed, Business Ambassador

https://images.app.goo.gl/2c9rF5ZqfbjBzb2x6
One of the key themes in 2020 is the rise of decentralized financing (DeFi), a new type of financing that works on decentralized protocols and without the need for financial intermediaries. Lately, the number of DeFi apps has increased significantly, but many have not been seen or heard by many of us.
In this Article I will be building a list of the best DApps, which will likely lead the next phase. DeFi apps can be categorized into different subcategories such as:
  • Finance
  • Exchange
  • Insurance
  • Gambling
  • Social
And much more…
Note: Some of the projects in the report categorized into more than one section in the types of dApps.
The rise of DeFi Bitcoin (BTC) was the first implementation of decentralized financing. It enabled individuals to conduct financial transactions with other individuals without the need for a financial intermediary in the digital age. Bitcoin and similar cryptocurrencies were the first wave of DeFi. The second wave of DeFi was enabled by Ethereum blockchain which added another layer of programmability to the blockchain. Now, at the beginning of 2020, individuals and companies can borrow, lend, trade, invest, exchange and store crypto assets in an unreliable way. In 2020, we can expect the amount of money held in lending protocols to increase as long-term investors diversify into interest-bearing offers, especially if the market fails to rise towards the 2017/18 highs. On the other hand, active crypto traders are becoming increasingly interested in decentralized trading offers. The increasing level of money security offered by decentralized trading platforms should not only see an increase in trading of DApp users, but also in the number of non-custodial trading and exchange platforms available.
Lending: DeFi allows anyone to obtain or provide a loan without third party approval. The vast majority of lending products use common cryptocurrencies such as Ether ($ ETH) to secure outstanding loans through over-collateral. Thanks to the emergence of smart contracts, maintenance margins and interest rates can be programmed directly into a borrowing agreement with liquidations occurring automatically if the account balance falls below the specified collateral. The relative benefit gained from supplying different cryptocurrencies is different for the asset and the underlying platform used.

Compound

Source: https://images.app.goo.gl/SGttwo4JWadHTxYe7
Compound is a money market protocol on the Ethereum blockchain — allowing individuals, institutions, and applications to frictionlessly earn interest on or borrow cryptographic assets without having to negotiate with a counterparty or peer. Each market has a dynamic borrowing interest rate, which floats in real-time as market conditions adjust. Compound focuses on allowing borrowers to take out loans and lenders to provide loans by locking their crypto assets into the protocol. The interest rates paid and received by borrowers and lenders are determined by the supply and demand of each crypto asset. Interest rates are generated with every block mined. Loans can be paid back and locked assets can be withdrawn at any time. While DeFi may seem overwhelming complex to the average individual, Compound prides itself on building a product that is digestible for users of all backgrounds. Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Built on top of that principle is cTokens, Compound’s native token that allows users to earn interest on their money while also being able to transfer, trade, and use that money in other applications. OVERVIEW ABOUT COMPOUND PROTOCOL Compound Finance is a San Francisco based company, which raised an $8.2 M seed round in May of 2018, and a $25M Series A round in November of 2019. Financing rounds were lead by industry giants including but not limited to Andressen Horowitz, Polychain Capital, Coinbase Ventures and Bain Capital Ventures, Compound Finance is a sector-leading lending protocol enabling users to lend and borrow popular cryptocurrencies like Ether, Dai and Tether. Compound leverages audited smart contracts responsible for the storage, management, and facilitation of all pooled capital. Users connect to Compound through web3 wallets like MetaMask with all positions being tracked using interest-earning tokens called cTokens.
Compound recently introduced a governance token — COMP. It holds no economic benefits and is solely used to vote on protocol proposals. The distribution of COMP has absolutely exceeded expectations on all fronts. Compound is now the leading DeFi protocol both in terms of Total Value Locked and in terms of COMP’s marketcap relative to other DeFi tokens. COMP was recently listed on Coinbase — the leading US cryptocurrency exchange and has seen strong interest from dozens of other exchanges including futures platforms like FTX. Compound’s new governance system is well underway, with close to close to 10 proposals being passed since it’s launch. What’s unique about COMP’s governance model is that tokenholders can delegate their tokens to an address of their choice. Only those who hold more than 1% of the supply can make new proposals. Besides earning interest on your crypto assets, which is a straightforward process of depositing crypto assets on the platform and receiving cTokens, you can also borrow crypto on Compound. Borrowing crypto assets has the added step of making sure the value of your collateral stays above a minimum amount relative to your loan. Compound and DeFi more broadly wants to help people have more access and control over the money they earn and save. While the project has had its criticisms, the long-term goal of Compound has always been to become fully decentralized over time. The Compound team currently manages the protocol, but they plan to eventually transfer all authority over to a Decentralized Autonomous Organization (DAO) governed by the Compound community. For following the project:
Website: https://compound.finance/
Medium: https://medium.com/compound-finance
Github: https://github.com/compound-finance/compound-protocol
DEXs: Decentralized exchanges allow users to switch their assets without the need to transfer custody of basic collateral. DEXs aim to provide unreliable and interoperable trading across a wide range of trading pairs.

Kyber


Source: https://images.app.goo.gl/sFCUhrgVwvs9ZJEP6
Kyber is a blockchain-based liquidity protocol that allows decentralized token swaps to be integrated into any application, enabling value exchange to be performed seamlessly between all parties in the ecosystem. Using this protocol, developers can build innovative payment flows and applications, including instant token swap services, ERC20 payments, and financial DApps helping to build a world where any token is usable anywhere. Kyber’s ecosystem is growing rapidly. In about a month, the team got an investment and partnered with some of the best projects. ParaFi Capital, a blockchain-focused investment company, has made a strategic purchase of KNC codes. The company will assist the DeFi project by qualifying new clients and improving professional market manufacture. The project’s recent partnerships seem impressive. Includes Chainlink, Chicago DeFi Alliance, and Digifox Wallet.
An important DeFi integration was also made with MakerDAO. KNC can now be used as a DAI warranty. The project has reached a milestone worth $ 1 billion of total turnover since its inception. More importantly, volume on an annual basis is moving and accelerating from $ 70 million in the first year to more than $ 600 million in 2020. Recently five million KNC (about 2.4% of total supply) were burned, improving Kyber’s supply and demand ratio. In July, the Kyber network witnessed a Katalyst upgrade that will improve governance, signature, delegation and structural improvements.
When Katalyst hits the main network, users will be able to either vote directly or delegate tokens to shareholder groups led by either companies like Stake Capital or community members. The KNC used to vote is burned, and in turn, voters get ETH as a reward. This setting creates a model for staking an uncommon contraction for the Kyber network. KyberDAO will facilitate chain governance, like many other projects based on Ethereum. An interesting partnership with xToken has been set up to help less-participating users stake out via xKNC. xKNC automatically makes specific voting decisions, making it easier for users to join and enjoy the return. The pool was created to draw BTC to Curve. Users who do this are eligible for returns in SNX, REN, CRV, and BAL. The more BTC lock on Synthetix, the more liquid it becomes, and the more attractive it is for traders. The project plans to continue expanding its products and move towards more decentralization. Synthetix futures are scheduled to appear on the exchange within a few months. The initial leverage is expected to be 10 to 20 times. The team aims to neglect its central oracle and replace it with one from Chainlink during the second stage of the migration. This will significantly increase the decentralization and flexibility of the platform. For following the project:
Website: https://kyber.network/
Medium: https://blog.kyber.network/
Github: https://github.com/kybernetwork
Derivatives: In traditional finance, a derivative represents a contract where the value is derived from an agreement based on the performance of an underlying asset. There are four main types of derivative contracts: futures, forwards, options, and swaps.

Synthetix

Source: https://images.app.goo.gl/1UsxQ7a3M5veb5sC7
Synthetix is a decentralized artificial asset issuance protocol based on Ethereum. These synthetic assets are guaranteed by the Synthetix Network (SNX) code which enables, upon conclusion of the contract, the release of Synths. This combined collateral model allows users to make transfers between Compound directly with the smart contract, avoiding the need for counterparties. This mechanism solves DEX’s liquidity and sliding issues. Synthetix currently supports artificial banknotes, cryptocurrencies (long and short) and commodities.
SNX holders are encouraged to share their tokens as part of their proportionate percentage of activity fees are paid on Synthetix.Exchange, based on their contribution to the network. It contains three DApp applications for trading, signature and analysis: Exchange (Synths at no cost). Mintr (SNX lock for tuning and fee collection). Synthetix Network Token is a great platform in the ethereum ecosystem that leverages blockchain technology to help bridge the gap between the often mysterious cryptocurrency world and the more realistic world of traditional assets. That is, on the Synthetix network, there are Synths, which are artificial assets that provide exposure to assets such as gold, bitcoin, US dollars, and various stocks such as Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL). The whole idea of these artificial assets is to create shared assets where users benefit from exposure to the assets, without actually owning the asset.
It is a very unique idea, and a promising project in the ethereum landscape. Since it helps bridge the gap between cryptocurrencies and traditional assets, it creates a level of familiarity and value that is often lost in the assets of other digital currencies. This will make Synthetix take his seat in the next stage. On June 15, BitGo announced support for SNX and on June 19, Synthetix announced via blog post that Synthetix, Curve, and Ren “collaborated to launch a new stimulus group to provide liquidity for premium bitcoin on Ethereum”, and said the goal was to “create the most liquid Ethereum — the BTC-based suite available to provide traders with the lowest slippage” In trade between sBTC, renBTC and WBTC. “ For following the project:
Website: https://www.synthetix.io/
Blog: https://blog.synthetix.io/
Github: https://github.com/Synthetixio
Wallets: Wallets are a crucial gateway for interacting with DeFi products. While they commonly vary in their underlying product and asset support, across the board we’ve seen drastic improvements in usability and access thanks to the growing DeFi narrative.

Argent


Source: https://images.app.goo.gl/mYPaWecFfwRqnUTx6
It is the startup for consumer game-changing financial technology, which makes decentralized web access safer and easier. The company has built a smart and easy-to-use mobile wallet for Ethereum, which gives users the ability to easily retrieve their encrypted currencies on the go.
Argent Benefits:
  • Only you control your assets
  • Explore DeFi with one click
  • Easily retrieve and close your wallet
  • The wallet pays gas for in-app features, for example Compound and Maker
The Argent crypto wallet simplifies the process without sacrificing security. It is a type of wallet that allows you to keep cryptographic keys while keeping things simple. The Argent wallet is secured by something called the Guardians. If you lose your phone (and your Argent wallet), just contact your guardians to confirm your identity. Then you can get all your money back on another device. It is a simple and intuitive method that can make cryptocurrency manipulation easier to do without experience. Argent is focused on the Ethereum blockchain and plans to support everything Ethereum has to offer. Of course, you can send and receive ETH. The startup wants to hide the complexity on this front, as it covers transaction fees (gas) for you and gives you usernames. This way, you don’t have to set a transaction fee to make sure it expires. Insurance cooperative Nexus Mutual and Argent Portfolio Provider are planning to offer a range of smart and insurance contracts to keep Argent user money safe from hackers. First, the smart contract is designed to prevent thieves from draining the wallet by temporarily freezing transfers above the daily spending limit for addresses not listed in the user’s whitelist. The user has 24 hours to cancel the frozen transfer — very similar to the bank’s intervention and prevent fraud on the card or similar suspicious activities in the account. By contrast, the default coding state is closer to criticism: once it disappears, it disappears. “We are thinking not only of crypto users but also new users — so the ultimate goal is to duplicate what they get from their bank,” said Itamar Lisuis, one of the founders of Argent. For following the project:
Website: https://www.argent.xyz/
Medium: https://medium.com/argenthq
Github: https://github.com/argentlabs/
Asset Management: With such a vast amount of DeFi products, it’s crucial that tools are in place to better track and manage assets. In line with the permissionless nature of the wider DeFi ecosystem, these assets management projects provide users with the ability to seamlessly track their balances across various tokens, products and services in an intuitive fashion.

InstaDapp

Source: https://images.app.goo.gl/VP9Xwih6VQ1Zmv2E9
It is a smart wallet for DeFi that allows users to seamlessly manage multiple DeFi applications to maximize returns across different protocols in a fraction of the time. With InstaDapp, users can take advantage of industry-leading projects like Compound, MakerDAO and Uniswap in one easy-to-use portal. Instadapp currently supports dapps MakerDAO and Compound DeFi, allowing users to add collateral, borrow, redeem and redeem their collateral on each dapp, as well as refinance debt positions between the two. In addition to its ease of use, InstaDapp also adds additional benefits and use cases for supported projects that are not already supported. The project focuses on making DeFi easier for non-technical users by maintaining a decentralized spirit while stripping many of the confusing terms that many products bring with them.
InstaDapp has launched a one-click and one-transaction solution that allows users to quadruple the COMP Codes they can earn from using quadruple borrowing and lending. A good timing feature for sure, but this kind of simplification is exactly why Instadapp was created. Its goal is to create a simple interface into multiple DeFi applications running on the Ethereum Blockchain and then automate complex interactions in a way that enables users to maximize their profits while reducing transactions and Ethereum gas charges. To use Instadapp you will need Ethereum wallet and you will also have to create what is called Instadapp smart wallet in which token you want to use. For following the project:
Website: https://instadapp.io/
Medium: https://medium.com/instadapp
Github: https://github.com/instadapp
Savings: There are a select few DeFi projects which offer unique and novel ways to earn a return by saving cryptocurrencies. This differs from lending as there is no borrower on the other side of the table.

Dharma

Source: https://images.app.goo.gl/4JhfFNxPfE9oxoqV6
Dharma is an easy-to-use layer above the compound protocol. It introduces new and non-technical users to transaction encryption and allows them to easily borrow or lend in DeFi markets and earn interest in stable currencies. You can start by simply using a debit card. Funds are kept in a non-portfolio portfolio, which constantly earns interest on all of your deposited assets. The value of Dharma’s DeFi lending experience is:
  • Easy entry.
  • Simple wallet.
  • High protection.
  • Depositing and withdrawing banknotes.
Dharma, the prominent DeFi cryptobank bank, has made it extremely easy to bring any Twitter user into the crypto world. Dharma users can send money from the Dharma app by searching for any Twitter handle, setting the required amount, and clicking on one button. The Twitter Dharma Bot account can send a unique notification with a link to download the Dharma mobile app. Senders are encouraged to retweet the notification to ensure that the receiver does not lose it.
To raise money, recipients simply download the Dharma app. After creating a Dharma account, users connect their Twitter account to receive access to the money sent. They can choose to transfer money to US dollars and withdraw to a bank account, or leave DAI in a Dharma account where it will earn interest like all Dharma deposits. The submitted DAI will gain interest even before the receiving user requests it while waiting for the claim. In her ad, Dharma demonstrated a number of ways in which the new social payments feature can be used, including tips for your favorite Twitter personalities, accepting payments for goods or services in a very clear way, charitable donations across borders or transfer payments. The Dharma app is available for both Android and iOS. Dharma and Compound
Dharma generates interest by DAI signing the Compound Protocol. Dharma also appeared in the news recently after the release of a specification outlining a Layer 2 expansion solution allowing the platform to expand to handle current transaction volume 10x, ensuring users can transfer their money quickly even in times of heavy congestion on the Ethereum network. Dharma is developing its “core” and “underwriting” contracts within the company. Underwriting contracts are open source and non-custodian, while each loan contract is closed source. This means that the receiving address contains nodes that interact with a script on a central Dharma server.For following the project:
Website: https://dharma.io/
Medium: https://medium.com/dharma-blog
Github: https://github.com/dharmaprotocol
Insurance: Decentralized insurance protocols allow users to take out policies on smart contracts, funds, or any other cryptocurrencies through pooled funds and reserves.

Nexus Mutual


Source: https://images.app.goo.gl/b7HwB8ifvTXwFhrh6
Nexus Mutual uses blockchain technology to return mutual values to insurance by creating consistent incentives with the smart contract symbol on the Ethereum blockchain. It is built on the Ethchaum blockchain and uses a modular system to aggregate smart Ethereum nodes, allowing to upgrade the system’s logical components without affecting other components.
The way Nexus works is members of the mutual association by purchasing NXM codes that allow them to participate in the decentralized independent organization (DAO). All decisions are voted on by members, who are motivated to pay real claims. It sees plenty of opportunities in a gradual transition of Ethereum to Eth 2.0, which is expected to start later this year. Eth 2.0 moves the network from the power-hungry Proof-of-Consensus (PoW) algorithm to Proof-of-Stake (PoS), a way to sign cryptocurrency in order to keep the network afloat. Having a steady return on signature from the Ether (ETH) can be somewhat compared to the way in which insurance companies invest in the real world the premiums they collect.
By setting a strong set of conditions for Nexus Mutual, anyone will be able to bring in and acquire a new form of risk for mutual coverage — assuming that members are willing to share NXM. With this design, the mutual discretion will be able to expand into much broader fields beyond smart contracts. In addition to defining multi-layered term agreements, Nexus Mutual also has some other advantages needed to achieve this visualization. For following the project:
Website: https://nexusmutual.io/
Medium: https://medium.com/nexus-mutual
Github: https://github.com/NexusMutual
Disclaimer: This report is a study of what is happening in the market at the present time and we do not support or promote any of the mentioned projects or cryptocurrencies. Any descriptions of the jobs and services provided are for information only. We are not responsible for any loss of funds or other damages caused.
Resources:
https://compound.finance/
https://kyber.network/
https://instadapp.io/
https://www.synthetix.io/
https://www.argent.xyz/
https://dharma.io/
https://nexusmutual.io/
submitted by CoinEx_Institution to u/CoinEx_Institution [link] [comments]

ELI5: How do people in third world countries like Colombia get access to bitcoins and still need US dollars?

submitted by Shakir19 to explainlikeimfive [link] [comments]

How does the value of Bitcoin change if I buy 100 US dollars worth right now?

I believe I’m going to start investing in crypto, and Bitcoin seems the most accessible. Let’s say the value of BTC goes up 15% in a week. Does that mean that if I cash in at that point, I would receive 115 US dollars? If I invested 300 dollars and it went up 3% would I receive 309 US dollars? Thanks in advance.
submitted by USERCAST21 to Bitcoin [link] [comments]

Coinbase CEO Brian Armstrong Explains Why Bitcoin (BTC) Is Now More Trustworthy than US Dollar

Coinbase CEO Brian Armstrong Explains Why Bitcoin (BTC) Is Now More Trustworthy than US Dollar submitted by Odunayo20 to CryptoCurrencies [link] [comments]

US Digital Dollar PLANS LEAKED! Coinbase Involved!? - YouTube Bitcoin BTC USD - Technical Analysis (SEP-20-2020) - YouTube 80 Trillion Dollar Bitcoin Exit Plan - YouTube Why Bitcoin Can't Replace the US Dollar (Fiat) Ron Paul - BitCoin Could Destroy US Dollar

Find the current Bitcoin US Dollar Bitfinex rate and access to our BTC USD converter, charts, historical data, news, and more. The founder of the largest hedge fund firm in the world is sounding the alarm on the future of the US dollar. Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, says that just like empires of the past, the United States is showing signs of decline and faces major threats to its currency. The page provides the exchange rate of 1 Bitcoin (BTC) to US Dollar (USD), sale and conversion rate. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1 Bitcoin (BTC) to US Dollar (USD) from Sunday, 27/09/2020 till Sunday, 20/09/2020. The Kitco Bitcoin price Index provides the latest Bitcoin price in US Dollars using an average from the world's leading exchanges. BTCUSD charts and quotes by. Bitcoin in Various Currencies. Other Cryptocurrencies vs Bitcoin. Bitcoin Basics WHAT IS BITCOIN? Bitcoin is a digital currency, which allows transactions to be made without the ... Bitcoin and cryptocurrency investors have cheered U.S. plans to create a so-called digital dollar as part of a massive coronavirus-induced stimulus bill.. The bitcoin price has climbed some 15% ...

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US Digital Dollar PLANS LEAKED! Coinbase Involved!? - YouTube

Why Bitcoin Can't Replace the US Dollar (Fiat) - Duration: 10:13. Truth Investor 39,096 views. 10:13. Don't Talk to the Police - Duration: 46:39. A technical analysis of Bitcoin USD including possible future price targets. Plans for a future United States Digital Dollar have been LEAKED! Two stimulus bills contained language about the creation of a digital dollar & after some C... Subscribe to my bitcoin channel - https://calcur.tech/subscribe-curryncy Updated video - https://www.youtube.com/watch?v=n5Q-A5BVw98 Join Coinbase and earn $... Can Bitcoin / cryptocurrencies replace the US dollar / US government and fiat currencies? Can Bitcoin be the revolution that takes down the fraud that is central / commercial banks worldwide?

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