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      "parent_permlink": "putin",
      "author": "spacetimearch",
      "permlink": "the-war-in-ukraine-revealed-the-true-nature-of-cryptocurrencies",
      "title": "The war in Ukraine revealed the true nature of cryptocurrencies.",
      "body": "As the Russian-Ukrainian conflict erupted, markets shook as the S&P 500 and fiat currencies plummeted, while oil and other commodity prices rose sharply on fears of supply disruptions.  Although the cryptocurrency markets also initially suffered, bitcoin persisted. \n\nCryptocurrencies behave like stocks in difficult times.\n\nBitcoin has thus surpassed most traditional asset classes, including traditional \"safe\" fiat currencies such as the Japanese Yen (JPY) and the Swiss Franc (CHF), which are generally considered hedges against geopolitical upheavals.\n\n It turns out that in times of crisis, cryptocurrencies began to reveal their true nature and proved that they are not just another traditional asset.\n\n Corresponding to this is the correlation between the BTC and the S&P 500 index, which has begun to weaken, suggesting that the time for bitcoin as a safe asset is likely to be on the horizon again.\n\n Cryptocurrencies know no boundaries\n\n The volume of bitcoin trade in the Russian ruble and the Ukrainian hryvnia peaked almost immediately after the Russian invasion, underlining the importance of cryptocurrency in these countries.\n\n The collapse of Russia's national currency and limited access to green banknotes during a wave of global sanctions have forced the people of Russia to plunge into cryptocurrency number one and other digital assets.\n\n Meanwhile, the nature of cryptocurrencies as a borderless currency has allowed Ukraine to raise millions of dollars in cryptocurrencies to support its military and hacktivist groups.  Even the Ukrainian government accepts donations from BTC, ETH and USDT and has already raised more than $ 63 million. \n\nRelying on traditional banks is becoming increasingly difficult at a time when governments are in chaos.  In both Russia and Ukraine, ordinary people are turning to cryptocurrencies as an alternative to financial institutions that restrict their access to foreign currency and bank accounts.\n\n Cryptocurrencies are transparent\n\n Regulators have called on cryptographic exchanges to comply with sanctions over fears that Russian government officials could move their assets to cryptoactive assets to avoid Western sanctions.  Some stock exchanges have blocked all transactions related to the accounts of sanctioned persons.  For example, Coinbase blocked more than 25,000 addresses associated with Russia.\n\n However, Binance believes that the concerns are exaggerated because it is almost impossible to hide large numbers of cryptocurrencies.  Because cryptocurrency transactions are recorded in a public ledger, they create a permanent record that is undesirable for organizations that want to hide their identities.\n\n Services that mix flows of potentially identifiable cryptocurrencies, known as tumblers, are not designed to transfer large amounts and appear to be slow.\n\n Cryptocurrencies are neutral\n\n Cryptocurrencies such as Bitcoin have been invented to be neutral.  They were designed so that no country, government, bank or other institution could ban their use.\n\n To put pressure on Putin's regime, the Ukrainian government has proposed banning all cryptocurrency transactions from Russian citizens, regardless of sanctions, but some cryptobourses have disagreed.\n\n However, geo-blocking can be imposed on stock exchanges under a legal mandate from US or European authorities.  Given that Russia ranks 18th in the world in cryptocurrency, accounts for 14% of the total cryptocurrency market and is the third largest bitcoin miner in the world, it would be a big blow to the cryptocurrency market. \n\nConclusion\n\n Cryptocurrencies exist to serve people outside politics, not governments.  It offers a helping hand to all who need it - they connect the world and do not know nationalities or borders.\n\nAuthor: STA",
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      "title": "What will be the price of BTC in December 2022?  Ten leading analysts offer their insights",
      "body": "On November 10, 2021, bitcoin (BTC) reached a historic high of $ 68,789 per coin.  Since then, we have witnessed a significant decline and the index of fear and greed has shown a high degree of doubt and uncertainty.\n\n Since January 5, the price of bitcoin has been between $ 35,000 and $ 45,000, which is quite a modest range given the currency's volatility history.  As a result of this behavior, voices are beginning to emerge that this may be the beginning of the long-awaited stabilization period for this flagship digital asset.\n\n What will be the price of BTC at the end of 2022?\n Given the current geopolitical climate, rising inflation, rising interest rates and rising energy prices, many industry experts are already speculating on where the price of bitcoin will be in December this year, as many people are looking for hedging against inflation and a secure asset.  So what are the most interesting price predictions?\n\n Bloomberg analysts - bull\n A Bloomberg report (published February 6, 2022) suggests that bitcoin is ready for further price increases, although the year began with a massive correction.\n\n “THE NEXT KEY BITCOIN BOUNDARY CAN BE $ 100,000.  BITCOIN RATES THE FLOOR RANGE CEILING, WHICH MEANS THAT RANGE TRADERS WILL HAVE USED TO $ 30,000-60,000 MAY BE DISAPPEARED ”\n\n According to the rules of the economy, a market with growing demand and dwindling supply will grow over time, suggesting that bitcoin may go up again when the bottom builds up around $ 30,000 and resistance to $ 60,000 weakens.\n\n Invesco - bear\n Investment giant Invesco, on the other hand, predicts that the bitcoin bubble will collapse in 2022 and trade below $ 30,000, citing reduced investor interest.\n\n As we saw increased volatility in bitcoin last year, the investment giant linked the expected collapse of the bitcoin bubble to the collapse in 1929, while stating that the current mass marketing of this asset is losing momentum.\n\n “THE TEMPLATE ALSO SUGGESTES THAT BUBBLES USUALLY CONTINUE DEFLATION FOR THE NEXT TWO YEARS.  THAT'S WHY WE THINK THE BITCOIN IS NOT LIKE TO BE ATTRACTED TO BE LIKE THIS $ 30,000 (WITH A WARNING THAT WE HAVE WERE MADE EARLIER IN THAT, AND THAT APPROPRIATE THROUGH THE BUBLIN SERIES) \"\n\n OKCoin CEO Hong Fang - bull\n Hong Fang, CEO of the cryptocurrency exchange OKCoin, said that the bitcoin price target of 100,000 USD is still in play, despite the fact that the price of cryptocurrency is very prone to market fluctuations\n\n\n“I STILL BELIEVE THAT THE PRICE OF $ 100,000 IS REASONABLE, BUT TIMING IS JUST VERY HARD TO ESTIMATE BECAUSE WE HAVE BEEN RELATED TO THE MERCY AND NON-LOVE OF MARKET DYNAMICS… SO I THINK THAT IN A SHORT TIME  THAT GETTING $ 100,000 OR EVEN ABOVE SHOULD NOT BE A PROBLEM ”\n\n U.S.  Global Investors, Frank Holmes - Bull\n\n Frank Holmes, CEO of U.S. Investment Company  Global Investors, predicted that although gold has the potential to rise in 2022, he personally assumes that bitcoin will outperform this precious metal, with millennial activity being the main driver of growth.\n\n According to him, Bitcoin is in a strong position that allows it to reach the price of $ 100,000 and is convinced that bitcoin has already (at least in the case of millennials) beat gold as the preferred store of value.\n\n Nexo founder Antoni Trenchev - bull\n\n The founder of the cryptocurrency company Nexo, Antoni Trenchev, revealed that there are \"two simple reasons\" why he believes that the value of bitcoin will more than double by the current level by the middle of the year.\n\n \"BETWEEN BITCOIN, I AM RATIOUSLY OPTIMISTIC.  I THINK THAT IT WILL REACH $ 100,000 THIS YEAR, PROBABLY BY HALF OF THE YEAR ”\n\n\nHe bases his bold statement mainly on the relentless interest of institutions that add bitcoin to their balance sheets, and also mentioned the broader topic of macroeconomic reality and cheap money.\n\n Michaël van de Poppe, cryptocurrency analyst - bull\n\n A prominent cryptocurrency analyst, Michaël van de Poppe, believes that bitcoin will repeat history in 2022 and will continue to grow in the second quarter of 2022. At the beginning of 2021, he predicted:\n\n “THE BULG CYCLE'S FORECAST IS STILL VALID.  WE EXPECT THAT THE YEAR WILL BE THE YEAR 2022/2023, NOT THIS YEAR.  BITCOIN FOR $ 350,000-450,000. ”\n\n Ian Balina, Token Metrics - Bull\n\n According to Balina, the value of bitcoin could increase to $ 100,000-150,000 in the near future, but without a more precise specification of the time horizon.  According to the analyst, the emergence of new cryptocurrencies and growing interest in metaversion will continue to increase the demand for cryptocurrencies, and bitcoin will bounce back from the bottom.\n\n Matthew Hyland, Technical Analyst - Bull\n\n Hyland believes that bitcoin could reach $ 100,000 in 2022, noting that the trend of bitcoin leaving major exchanges continues (probably to be safely stored in offline cryptocurrencies).\n\n PlanB, technical analyst - bullish\n\n In a recent tweet, PlanB said the world's digital currency flagship, bitcoin, is well on its way to reaching $ 100,000 by 2023.\n\n\n\n Mike McGlone, Commodity Strategist - Bull\n\n According to Mike McGlone, in 2022, inflation could be replaced by deflation, which would increase the price of bitcoin to around $ 100,000.  He believes that 2022 will be profitable for both bitcoin and gold and that the main cryptocurrency will reach $ 100,000.\n\n Conclusion\n\n In fact, for me, a very positive review, where nine out of ten analysts expect a price of $ 100,000 or higher.  Currently, the price of BTC is around $ 41,827, and as we know from the past, growing by tens of percent in a few days is nothing out of the ordinary.\n\n\nAuthor: STA",
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      "title": "Cardano's highly anticipated Hydra upgrade is approaching - what can we expect?",
      "body": "Hydra protocol running on Testnet.\n\nThe team behind the project revealed that they had launched the Hydra protocol on the Cardano public test network.  This means that the properties of the Layer 2 scaling solution can now be tested, which is a sign that the protocol is about to start.  Cardano founder Charles Hoskinson then went to Twitter to pay tribute to the team:\n\n \"I AM EXTREMELY LAD ON THE HYDRA TEAM FOR ACHIEVING THIS MILESTON.  IT IS ONE OF THE FASTEST AND BEST PARTS OF APPLIED RESEARCH IN THE CARDANO ECOSYSTEM. \"\n\n The protocol was first created in 2020 and has since evolved into the Proof-of-Concept.  Team member Sebastian Nagel revealed on the Slack team platform that the launch of Hydra Heads on the test network comes a year after he \"read about Hydra for the first time.\"\n\n Since the launch of the Alonzo hardware, which enabled intelligent contracts, Hydra has been the most anticipated protocol on the Cardano network.  Since its scalability solution, Hydra is expected to increase TPS in the network to 1 million transactions per second.  Asked about progress in developing the protocol in November, Hoskinson said the foundation was investing more resources in the project and noted that it would make it easier to handle the transaction volumes expected from DApps.\n\n Strengthening security\n\n The Hydra Consensus Algorithm would not execute a transaction if both parties did not agree.  The feature is expected to enhance security, with a report by chief software engineer Matthias Benkort in February stating:\n\n \"AS A PARTICIPANT, I CANNOT LOSE MONEY WITH WHICH I EXPRESSLY AGREE.  WHY?  BECAUSE EVERY VALID TRANSACTION REQUIRES MY EXPRESS CONSENT. \"\n\n After completing the Hydra protocol, Cardano approaches the Basho phase.\n\n Hoskinson also recently explained why not as many Dapps was added to Cardan's network as he expected.  Many decentralized applications were waiting for Vasil's hard fork in June to benefit from pipelining.\n\n Conclusion\n\n Although Cardano has recently reached one milestone after another, the price of the ADA's native token does not seem to be rushing much upwards.  Currently at $ 0.83, it is far from its high of $ 3.1.\n\nAuthor: STA",
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      "title": "Zuckerberg: NFT is coming to Instagram.",
      "body": "Zuckerberg: NFT is coming to Instagram.\n\nMeta CEO Mark Zuckerberg announced a few days ago that the Instagram social platform would integrate unmistakable tokens (NFT) into its systems.  Is another NFT missile boom coming?\n\n\"WE ARE WORKING TO INTRODUCE NFT ON INSTAGRAM SHORTLY.  I AM NOT READY TO DECLARE EXACTLY WHAT WILL BE LIKE TODAY.  BUT OVER THE NEXT MONTHS, THE ABILITY TO BRING SOME OF YOUR NFT, LET'S HOPE YOU WILL BE THROUGH THINGS IN THIS ENVIRONMENT IN TIME. ”\n\n At the SXSW conference, Zuckerberg also revealed that the NFT could one day play a role in a possible metaverse of the company.  He stated:\n\n \"I WOULD LIKE YOU TO KNOW THAT THE CLOTHES YOUR AVATAR WAS ON YOU IN METAVERSE CAN BE EMBOSSED AS AN NFT AND YOU CAN TAKE IT BETWEEN DIFFERENT ENVIRONMENTS.  IT'S A LOT OF TECHNICAL THINGS THAT NEED TO BE SOLVED BEFORE THEY HAPPEN AND PROBLEM-FREE. ”\n\n\nFor best crypto and NFT video curse \nClick here:  https://bit.ly/34X5B5O\n\n\n\nMark Zuckerberg and his team have expressed an interest in unmistakable tokens in the past.  Instagram director Adam Mosseri revealed earlier this year that the company is actively researching new technologies.\n\n Instagram is not the only social platform that is considering integrating the NFT into its systems.  The social giant Twitter is equally interested.\n\n At the time of writing, the price of BTC is around $ 41,258 according to CMC.\n\n Conclusion\n\n Mark Zuckerberg unveiled his metaverse project a few months ago.  It came at a time when the company changed its name to Meta.  We will certainly find out more about the NFT on Instagram soon.",
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      "title": "The NFT picture of a million dollar stone was mistakenly sold for cents.",
      "body": "@@ -924,16 +924,17 @@\n 600,000.\n+ \n %0A%0AIt was\n",
      "json_metadata": "{\"tags\":[\"crypto\",\"cryptocurrency\",\"nfts\",\"fault\",\"etherrock\",\"collection\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "memo": "❗ Hello spacetimearch, great that you are using the STEEM blockchain. The Executive Board is publishing insider infos at https://discord.gg/KyBbmhh on how you will be earning the most coins. It's easy, just follow the instructions. THE 1000X BOOSTER KEY is already waiting for you over there too. 😉 Warm regards, The Executive Board."
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      "title": "",
      "body": "Hello welcome to Steemit world! \n I'm @steem.history, who is steem witness. \n This is a recommended post for you.[Newcomers Guide](https://steemitdev.com/guide/@steemitblog/steemit-a-guide-for-newcomers) and [The Complete Steemit Etiquette Guide (Revision 2.0)](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) and, recommended community [Newcomers Community](https://steemit.com/trending/hive-172186) \n I wish you luck to your steemit activities.<center> \n \n \n https://cdn.steemitimages.com/DQmXHwdcNs5VPcBft1iSosPdHLpBNBfjuG84g3ffWhMw5JQ/image.png \n <sub>(The bots avatar has been created using https://robohash.org/)</sub> \n @steem.history \n \n ### My witness activity \n - [My aspiration for STEEM witness](https://steemit.com/hive-185836/@steem.history/my-aspiration-for-steem-witness-1601280729) \n - Provides information on Steem.  \n [Reference](https://steemit.com/trending/hive-130095) \n - Supporting the Steem project. \n [SPUD4STEEM project](https://steemit.com/trending/spud4steem) \n - Supporting the community. \n [Newcomers Community](https://steemit.com/trending/hive-172186),[Steem Sri Lanka](https://steemit.com/trending/hive-133716) ,[WORLD OF XPILAR](https://steemit.com/trending/hive-185836), [GLOBAL STEEM](https://steemit.com/trending/hive-145160), [Scouts](https://steemit.com/trending/hive-181136), [Latino Community](https://steemit.com/trending/hive-188619) \n \n ### My featured posts \n - [The Complete Steemit Etiquette Guide (Revision 2.0) -Homage](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) \n \n [![image.png](https://cdn.steemitimages.com/DQmd7of2TpLGqvckkrReWahnkxMWH6eMg5upXesfsujDCnW/image.png)](https://steemlogin.com/sign/account-witness-vote?witness=steem.history&amp;approve=1) \n <sub>please click it!</sub> \n \n ![image.png](https://cdn.steemitimages.com/DQmWDnFh7Kcgj2gdPc5RgG9Cezc4Bapq8sQQJvrkxR8rx5z/image.png) \n <sub>(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)</sub> \n \n </center>",
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      "title": "The NFT picture of a million dollar stone was mistakenly sold for cents.",
      "body": "If you don't want to feel like an old fossil in today's world and a crypto-fascist, if we were to paraphrase young David Lister, it might be better not to try to understand the NFT world, where clip art images of stone are also worth a million. \n\nToday we will talk about one such NFT from the EtherRock collection.  This is a fairly common type of NFT image collection, which in this case contains only a hundred clip art of stones of the same shape, which differ only in their ID and shade of gray.  Not only for women, it can be exciting not that shade, but rather the value of such an NFT.\n\nServer Vice informs about one former owner from the EtherRock collection with the identification number 44, which himself described how he lost a million dollars, which looks like a meaningless amount that may be asked, but not really get. However, EtherRock has been sold for $ 1.3 million and the current minimum is approx. $ 600,000.\n\nIt was enough to click and offer EtherRock # 44 not for 444 ETH, but for 444 Wei, which was immediately used by the snooping shoe, which the NFT immediately bought before the former owner of the picture with the stone could do anything.  The value of 444 Wei is essentially zero and it is far from a penny or a penny, while for 444 ETH we would now receive more than $ 1 million.\n\nThe former owner could then only ask whether the so-called snipers, who are waiting with their bots for just such occasions, can sometimes show their compassion.  However, he will probably not see that again, because the new owner did not respond to the requests and was able to offer the NFT for 234 ETH, ie in the price of the current minimum, probably in the hope that he will get rid of it quickly and land on his account about 600,000 dollars.",
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