Wow. Bitcoin Mining Is Taking Off Around The World: Russia, Canada, America!

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A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners
https://www.coindesk.com/a-russian-nuclear-plant-is-renting-space-to-energy-hungry-bitcoin-miners

Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client
https://cointelegraph.com/news/canadas-dmg-blockchain-installs-1-000-new-bitcoin-mining-rigs-for-us-client

What markets and models expect in 2020
https://www.economist.com/graphic-detail/2020/01/04/what-markets-and-models-expect-in-2020?fsrc=scn/tw/te/bl/ed/whatmarketsandmodelsexpectin2020theyearinprobabilities

If I had the time, I would now write a rapport called “Bitcoin in Re-Accumulation: Bull Market Expected to Continue in 2020”
https://twitter.com/TuurDemeester/status/1215319999981805572

10M Bitcoins Haven’t Moved in More Than a Year, Highest Since 2017
https://www.coindesk.com/10m-bitcoins-havent-moved-in-more-than-a-year-highest-since-2017

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38 COMMENTS

  1. What a dumbass report from the economist. 87% chance trump completes 1st term? That’s almost dumber than the bitcoin prediction. Of course he finishes his first term!!!!! What do they think? The senate will vote to kick him out? ???

  2. Funny, total volume of Bitcoin or Litecoin shows total amount of both coins change hands every 24 hours! How the hell does that happen if nobody is selling? It is all fake! People think they are buying bitcoin but they are only buying a claim check for bitcoin! and the exchanges sell massive amounts of bitcoin over and over and over again! It is called hypothecation!

  3. there will be no bitcoin bull market in 2020….Fed controls bitcoin now. Anything that challenged hegemony of the dollar is targeted for control. Gold, silver, bitcoin…..Fed uses futures market to control them all…….sad, but true.

  4. I just want to say if you go online to the bitcoin forum. We all experience there same behaviors every cycle. You can view this from the first cycle. People in fear, people in hope, euphoric moment and more talks about the future. This is all online on Bitcointalk.org going back to 2010 “it’s all repetitive” bitcoin will change the world.

  8. Your report talks about countries who recognize a growing market to capitalize on…but yet are not mining themselves.
    In my eyes, it just shows that countries/states see an opportunity for gains with a trend. It doesn't mean the trend itself will see major gains.
    (Beanie babies are a good example…the factory made lots of money, but the investor/customer did not).

    The economist mentioned "no gains" for Bitcoin, but did not mention altcoins.
    We definitely are moving towards a future of digital currency…but imo a centralized currency is more attractive to governments. Xrp, for example.

    I'm a newb…so don't bash my comment for what I may not know…if anything I would like to hear from others…about this comment…I'm willing to learn more if I'm not seeing the picture right.

  17. I don't understand all this new additional Bitcoin mining. There are only 21 million Bitcoin currently there are about 18 million Bitcoin already mined. That doesn't leave much so why all the big investment now?

  18. On a side note. Sweden state television recently began to air an educational documentary about Bitcoin and it's history.

    I feel very hopeful for Bitcoin in the 2020's.

  24. Putin is actually secretly building his own sovereign crypto for energy. So that he doesn't have to rely on Petro dollars. Also whatever comes from "Central Bank of Russia" don`t let it fool you. If you know, you know.

  30. It’s amazing to me that people can’t see bitcoin is the future. People react the same way every time a new technology comes out. People were making fun of the internet in the early stages as well.

  33. The Economist magazine is a globalist shill. Of course they will say that about bitcoin. They are way behind and they know there fiat currencies are in trouble.

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