Category Archives: Bitcoin
So, you’ve bought Bitcoin. Now what? – GQ.com
So, youve bought Bitcoin (or another cryptocurrency) and hey! its shot up in value. Good for you. But what do you do with your digital money now? If youve made a serious profit, you might be wary of leaving it on an exchange such as Coinbase or stashing it in an online wallet (after all, North Korean hackers have reportedly stolen almost $90,000 of Bitcoin in the last two years). The most secure alternative is to take your currency offline altogether with a hardware wallet. This is a purpose-built, secure device for cold-storing the private keys that allow you to spend your digital currency. Two of the most popular are the Ledger Nano S and the Trezor, both of which employ open-source code (meaning that even if the companies were to fold, the devices would not be rendered obsolete). We tested them both
The Ledger Nano S looks like a USB stick, except it comes with a tiny screen that means you can operate it independently of your computer (as otherwise it would be vulnerable to malware). The controls are pared back to two buttons on the top of the device, which are used for everything from scrolling through menus to entering your PIN.
Set-up is simple. On-screen instructions take you through configuring your PIN and randomly generating your passphrase. The passphrase is important. If you were to lose or break the device, you can restore your entire balance on a new Ledger by entering this 24-word phrase.
Next, you download a set of Chrome extensions: a main device manager, and wallets for the different currencies you hold. Ledger currently supports Bitcoin, Ethereum / Ethereum Classic, Ripple, Litecoin, Dogecoin, Zcash, Dash and Stratis. If you wish to send or receive currency you do so via these browser-based apps, and your Ledger will ask you to press buttons to confirm that you do indeed want to carry out that function. Without the Ledger plugged in, moving your currency is impossible.
Pros: This is a compact device that has found clever systems to make a two-button control system viable. It supports a multitude of currencies, and is the most affordable of the two hardware wallets on test.
Cons: The build quality on our model could have been better. The left-hand button often registered one click as two, and it encountered problems a number of times during setup, though we succeeded eventually.
61, ledgerwallet.com
The Czech-built Trezor which translates as vault in its native language has many similarities with the Ledger. It, too, has a screen that means you can use it to keep your money safe even on an infected computer, and operating it also comes down to two buttons. The set-up is similar as well its all about choosing a PIN and a 24-word passphrase that allows you to restore the device. How you interface with this dongle from your computer, however, is rather different.
Whereas the Ledger asks you to tap away on its buttons in order to input your PIN, the Trezor displays the numbers 1 - 9 in a random formation, and asks you to click the corresponding buttons on a digit-less pad displayed on your computer screen.
The Chrome app through which you control your Trezor and your wallets is slicker than the Ledgers. It involves opening fewer windows, and the visuals are rather more glossy though it essentially offers the same functionality. It feels like a more expensive product, and it is. The only downside is that, for now, it lacks support for currencies such as Ripple.
Pros: Higher production values, both in terms of software and hardware.
Cons: Fewer currencies supported.
76, trezor.io
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So, you've bought Bitcoin. Now what? - GQ.com
Bitcoin’s Valuation Is Confusing Currency Analysts – Bloomberg
Bitcoin is gold for millennials. Or maybe its that generations fine wine and collectible art. Or just a bubble waiting to burst.
For foreign-exchange analysts trying to use traditional methods to value the so-called cryptocurrency and its digital cousins, it may be all of the above -- but its not quite a currency.
"It is difficult to use standard FX valuation frameworks that are based on the fundamental drivers of the currency, like relative productivity, or terms of trade of the country, because there are no such concepts," said Juan Prada, a New York-based currency strategist at Barclays Capital Inc.
The market capitalization of digital currencies has soared to around $100 billion since the start of the year, with bitcoin almost tripling in price to as high as $2,938.50 on Tuesday, as the frenzy around cryptocurrencies grows. Demand is swelling as more companies embrace blockchain and the similar technologies backing the various methods of exchange and some investors see it as a haven from uncertainty across the globe.
While the technology is used as a means of payment -- the most basic function of money -- it may be better to view digital currencies like gold or say, a painting, than a traditional currency. Bitcoin is morevolatile than even the most capricious fiat currencies and its decentralized structure makes it difficult to consider valuation.
"Both gold and bitcoin are different from usual currencies in the sense that there is not a single economic entity that uses it as a medium of exchange and unit of account," Prada said.
That aligns with the view of the U.S. Commodity Futures Trading Commission, which in September 2015 said that bitcoin and other virtual currencies were officially considered commodities. By saying so, the CFTC was able to assert its authority to provide oversight of the trading of cryptocurrency futures and options in the future.
Read more on alternative digital currencies
Nick Bennenbroek, the head of currency strategy at Wells Fargo Securities LLC, said to the extent bitcoin could be viewed as a form of wealth or an investment, it could be considered under the class of somewhat-vague alternative assets.
"As an alternative asset, there might be some value in this electronic product because (a) you can use it for payment and (b) there might be some value from this blockchain and the ability to, in a decentralized manner, verify transactions, Bennenbroek said . There are other forms of assets, like people sometimes buy paintings and thats part of their portfolio. People buy wine bottles. But some people would argue there is some intrinsic value in a painting."
Tech billionaire Mark Cuban weighed in Tuesday on the speculation, saying on Twitter that bitcoin is a bubble, helping to trigger a more than $200 intraday price swing. Cuban noted that Im not questioning value. Im questioning valuation.
"Its definitely a medium of exchange, but the price volatility means that as a unit of account, if youre measuring stuff in bitcoin, its not very helpful," Bennenbroek said.
Buying assets as a haven can have unexpected consequences. Chinas three biggest bitcoin exchanges said last week they were ending a self-imposed moratorium on withdrawals that came almost four months ago following increased scrutiny from Chinese authorities amid concerns of capital flight and money laundering. In February, the Peoples Bank of China had told bitcoin venues that it would close exchanges that violated rules on foreign exchange management, money laundering and payment and settlement.
"You cant really come up with a valuation for it and it doesnt yield anything yet people perceive it as a safe place just in case everything else goes completely nuts," said Brad Bechtel, a currency strategist at Jefferies LLC.
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Bitcoin's Valuation Is Confusing Currency Analysts - Bloomberg
Bitcoin Is At An All-Time High, But Is It About To Self-Destruct? – Forbes
Forbes | Bitcoin Is At An All-Time High, But Is It About To Self-Destruct? Forbes The bitcoin price has been on a tear recently, more than doubling to about $2,900 over the last three months. (It didn't hurt that Sunday, the popular Tim Ferriss podcast released a two-and-a-half-hour episode on the subject.) But its meteoric rise ... Mark Cuban Asserts That Bitcoin is Not Currency Mark Cuban's Twitter Trolling Sent Bitcoin Prices Tumbling Will Bitcoin ETF Ever Be Accepted by US Regulators? |
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Bitcoin Is At An All-Time High, But Is It About To Self-Destruct? - Forbes
Bitcoin Hits A New Record. Is A Crash Coming? – Fox Business
Bitcoin, the virtual currency, hit a new all-time high of $2,967 Tuesday, after having roughly tripled this year.
Given bitcoin's history and unregulated nature, a tumble at some point seems inevitable.
The currency's backers don't necessarily disagree. They just don't care.
"This is probably the third or fourth bubble, if you want to call it that, in digital currency that we've gone through," said Brian Armstrong, founder and chief executive of bitcoin-services firm Coinbase.
These waves tend to bring hype and volatility, but also new money, new ideas and new people to the currency and its offshoots. The result is that the world of cryptocurrencies is larger than it was before.
"A bunch of new people who had never heard about it are going to learn about it," said Mr. Armstrong.
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Tony Horsley, a 78-year-old Atlanta investor whose portfolio includes 12 stable companies including Apple Inc. and Berkshire Hathaway Inc., says bitcoin's huge price run-up in the past two months made him curious and gave him an idea to add "a little excitement to the mix." "When you get to my age, you can afford to take a few risks," Mr. Horsely said. "My portfolio of 12 stocks is boring."
A stateless currency launched in 2009, bitcoin isn't controlled by any one entity or government. Maintained by a decentralized network of computers, it is designed to quickly and cheaply match users with each other, sidestepping middlemen like banks.
The number of people actually using bitcoin is hard to pinpoint, but each new leg up in the price increases its mainstream exposure. It has been used for nefarious purposes like ransomware and drug trafficking. It also appeals to investors who don't trust their home currency and to entities in developing economies that want more efficient international payments.
Nairobi, Kenya-based BitPesa says it has helped 6,000 users across 85 countries send and receive payments in bitcoin. Global entrepreneurs have launched hundreds of bitcoin-like tokens known as "initial coin offerings," an alternative to venture-capital funding.
Many investors pay for the tokens with bitcoin or a rival virtual currency called Ethereum. The trend has helped spur demand for both.
Elizabeth Rossiello, BitPesa's co-founder and CEO, says regulators from the U.K. to Luxembourg are increasingly recognizing bitcoin's legitimate uses. "We stopped hearing, 'Go away, it's gonna die'," she says.
Under a new law, Japan's Financial Stability Agency started recognizing the digital currency as a payment method. Investors have responded by putting new money into bitcoin, and companies ranging from discount-airline Peach to energy company Nippon Gas Co. are accepting it.
Most of the gains this year, about $1,800 per bitcoin, happened since April 1, according to data provider Coindesk. The number of daily transactions on bitcoin's network has roughly tripled to around 300,000 from about 100,000 two years ago.
The currency, which eased off its record Tuesday morning to $2,878, now has a total market value of $46 billion, up from $15.3 billion on Dec. 31, 2016, according to CoinMarketCap.
Still, that is tiny compared with the $1.5 trillion of U.S. currency in circulation. And all the bitcoin in the world are still worth less than the $65 billion market value of electronic-payments company PayPal Holdings Inc., not to mention most big banks and technology companies.
What keeps bitcoin believers invested is the notion that the currency is still in the earliest stages. They remain convinced bitcoin will find a use that results in its widespread adoption, which in turn would cause its value to keep soaring.
Until then, the roller coaster ride in bitcoin value creates winners and losers, even as the surrounding publicity helps expand bitcoin's appeal and put the currency at a higher "plateau," as Coinbase's Mr. Armstrong described it. In recent weeks, Coinbase has been putting together a funding round that would value the company at $1 billion, which would make it one of the most valuable companies focused on digital currencies.
Bitcoin enthusiasts expect jarring turns in the price. "Markets work in bubble cycles," said Charlie Shrem, chief business officer of Jaxx, a cryptocurrency-services business based in Toronto. "There will be a bust, people will get wrecked."
Mr. Shrem knows from experience. The 27-year-old Brooklyn native bought his first bitcoins in 2011 for somewhere around 45 cents each. He rode a wave up, co-founding an early exchange called BitInstant and became one of the first crop of bitcoin millionaires.
In 2014, he was arrested for money laundering and running an illegal money transmitting business. He pleaded guilty to reduced charges, and served just over a year in prison. He said his bitcoin fortune was eaten up by lawyers' fees but he is as bullish on the currency today as he was six years ago.
Backers argue bitcoin's most interesting uses are years away, just as iPhones followed long after the internet. Some early work has focused on bitcoin as a vehicle for international micropayments, supplanting a process that now can require multiple bank intermediaries.
Another possibility is that bitcoin will be used to fund startups through initial coin offerings. ICOs, as they are known, are one the most meaningful catalysts for digital currencies' price surge this year, according to Eric Piscini, a principal at Deloitte Consulting LLP who specializes in virtual currencies.
Bitcoin also could evolve as a sort of gold 2.0, a digital store of value that can hedge against market volatility while protecting savers and investors against governments' economic mismanagement.
Jeff Garzik, an early bitcoin developer who now runs a company that specializes in the technology underpinning bitcoin, says more gold investors will someday turn to bitcoin.
The current bitcoin moment, he says, "is nothing compared to what you'll see."
Write to Paul Vigna at paul.vigna@wsj.com
(END) Dow Jones Newswires
June 06, 2017 13:59 ET (17:59 GMT)
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Bitcoin Hits A New Record. Is A Crash Coming? - Fox Business
Bitcoin Paused And Is On The Run Higher Again – Seeking Alpha
Bitcoin is on the run higher once again. The news propelling the crypto-currency has to do with China's exchanges coming to a conclusion over the withdrawal issue. The bigger exchanges had put a halt to withdrawals. The exchanges had put a 1-month moratorium on withdrawals over concerns of money laundering. That 1-month moratorium went in to effect in February. By removing the ban on withdrawals there is an added element of security for individuals owning Bitcoin. The past coulee of days has seen the crypto-currency pushing towards the all-time highs. Whether that level is crossed any time soon or the currency fluctuates on any level, the long term prospects for the currency ultimately remain bullish.
As the chart above shows, the past 19 days has seen some intense buying. On the 16th of May, the currency was trading below $1,700.00. It then moved all the way upward to $2,900.00 in spectacular fashion; a 70% move upward in 7 days. But, then the currency fell back down another $1,000.00 in 3 day's time.
I had an expectation there would be a further easing of price. However, that was not to be; additional positive news prompted additional buying. The price of Bitcoin never hit the levels I had expected to see, a range of about $1,750.00 - $1,850.00. Instead, the constant drip of additional acceptance for the monetary alternative keeps drawing in more demand and continues to keep price moving higher and higher.
When you are in the midst of a long position on Bitcoin and there is a move upward, then right back downward, it can be disconcerting. But, there are option exchanges to allow for protecting your positions. A move of the magnitude that has happened, moving from $900.00 all the way up to $2,900.00 since the first week in April, and then back down to $1,900.00 in just days is a unique characteristic of Bitcoin.
There is a set amount of coins in the Bitcoin exchange system - 21 million. This means the currency is not going to get diluted because of a central bank's policies of inflation and constant printing. The world's currencies have an effective unlimited supply of money. This is why currencies typically move in tighter ranges compared to Bitcoin.
If you go long Bitcoin, I highly recommend your considering the most recent moves the coin has made. I typically trade with options because of the price movements that potentially could happen.
The recent moves are a good example of the potential for Bitcoin. The Chinese exchanges have begun allowing withdrawals. My initial thought when I heard this news was that price would come down. After all, this is a big issue that individuals were not able to withdraw their funds and now they can. If, all of a sudden you can withdraw funds, wouldn't there be selling and withdrawals?
Instead, this was viewed as being a positive enough development that the surge in buying sent the currency higher. The price movement showed me that any reluctance to get into the crypto-currency was greater than the amount of withdrawals that could have taken place.
I continue to point out all of the positive aspects of why Bitcoin is a far better choice than cash. Last year, in 2016, $500 billion was transferred from one country to another via intermediaries such as Western Union (NYSE:WU). For anyone wanting to transfer funds having to use an intermediary is time consuming and involves fees. Bitcoin, as a form of currency, offers an alternative and sending funds to someone on the other side of the world has never been less expensive nor immediate than it is now with companies building platforms on top of the crypto-currency blockchain.
The current market capitalization of Bitcoin is $50 billion. Given the total size of capital being sent abroad if there is continued acceptance and usage then Bitcoin has the chance to grab a good chunk of the market share of the intermediary money-transfer business.
If you were going to send money via these more traditional money transfer systems, the costs would starts at $4.99 for transferring $20.00. That very same cost via Bitcoin is relatively free in comparison starting at about .0002 per Bitcoin. At today's price of $2,400.00 for BTCUSD, $0.48 as in forty-eight cents.
The individuals who send funds via alternative methods, such as Western Union, tend to be poor without bank accounts, hence the use of an alternative money transfer system. These individuals are cost conscious. Saving as much as they could with an app that is free and a transfer system that is relatively free would be a high motivational factor to switch protocols.
Bitcoin is a relatively newer concept. The crypto-currency was invented in 2009. In less than 9 years the currency has gone from a market capitalization of zero to $40 billion in the course of that time. As more and more hurdles are crossed, the acceptance of the currency will grow. In the United States the underbanked and unbanked represent some 7%. This alternative to moving money to-and-fro for these individuals will mean an opportunity for the crypto-currency.
However, very few places accept Bitcoin. This is not a problem as your Bitcoin is stored on your phone via a mathematical equation. You can transfer your coins to a pre-paid gift card, a lot like you would find in a convenience store. This makes using the crypto-currency simple to actually spend. However, more and more, there are systems being put into place to allow for accepting Bitcoin as a form of payment.
As more and more individuals get involved in the currency, the long term prospects of drawing in larger and larger demand will dictate that the currency continues to move higher.
My long term projections for Bitcoin remain the same: I am bullish. I believe that acceptance of the new currency will continue. I see more and more little hurdles being crossed allowing improved and uninterrupted access for the crypto-currency. This will continue to create demand which will drive price upward.
I do not believe that price will move in a straight line. The past several day's worth of activity is proof of that. As a trader, this should be something kept in perspective. As an investor, buying the currency and walking away without looking for a very long period of time will reward the owner considerably. As a user of the coin, the ultimate purpose of the currency is a medium of exchange. Ultimately, the weight of the currency's actual purpose will continually propel Bitcoin higher.
Disclosure: I am/we are long BTCUSD, COIN.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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Bitcoin Paused And Is On The Run Higher Again - Seeking Alpha
Mark Cuban tweets, and bitcoin drops – MarketWatch – MarketWatch
When Mark Cuban tweets, people listen.
At least that appeared to be the case on Tuesday when the outspoken billionaire offered this bitcoin warning to his 7.1 million Twitter followers:
At the time, bitcoin BTCUSD, -1.20% was slightly off its high for the day but was still holding strong near the $2,900 level. As you can see, soon after the tweet, the volatile cryptocurrency drifted further from its peak.
Regardless, bitcoin has been on an absolute tear this year, surging some 200% and gaining more widespread recognition, even prompting one of social medias most popular gun-toting poker players to join the fun.
But Cuban remains unconvinced:
And:
Of course, this isnt a big departure for Cuban, who once told USA Today that bitcoins got no shot as a long-term digital currency.
He didnt, however, rule it out as a possible investment play.
Read: With bitcoin surge, cryptocurrencies top $100 billion in market capitalization.
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Mark Cuban tweets, and bitcoin drops - MarketWatch - MarketWatch
Why Buy This Expensive Bitcoin Trust Instead of Actual Bitcoin? – Investopedia
If you're interested in getting invested in the digital currency world, now seems to be as good a time as ever. Bitcoin has seen repeated record-setting price levels, and a host of other digital currencies are becoming increasingly popular around the globe. And yet, there are some reasons why even seasoned investors may be reluctant to get involved in direct investments relating to cryptocurrencies. Fortunately for those people, there is an exchange-traded fund focusing on Bitcoin in particular that can simplify the process. It is called the Bitcoin Investment Trust (GBTC) and it is provided by Grayscale Investments. Here are some of the basic details about the new trust and its relationship to the digital currency itself.
The Bitcoin Investment Trust sported a tremendous 248% increase in the month of May. This far surpasses the gains of 72% overall for the Bitcoin-U.S. dollar currency cross. With that figure in mind, investors may be jumping to get access to GBTC shares. However, there are other factors to consider as well.
First, May's performance seems to be a relative anomaly for the trust. For two of the three months prior to May, Bitcoin performance superseded the trust's performance, which suggests that the two are actually more neck-and-neck than May's figure would suggest. Second, investors looking to buy into GBTC should keep in mind that it is currently trading at more than double the cost of Bitcoin itself even though the underlying asset is 100% Bitcoin Business Insider reports.
Potential investors are likely wondering why GBTC shares can be found at such a high premium over Bitcoin. The issue seems to lie in supply and demand. While Bitcoin demand has skyrocketed, GBTC has kept its shares outstanding close to 1.7 million in the two years that it has existed. In fact, the ETF seems unlikely to change the number of total outstanding shares in the future, according to the company's head of research, Ihor Dusaniwsky. He explains that "with the operational risk of buying and holding actual Bitcoins to support ETF creation very high, and difficult and expensive to insure, it is unlikely that GBTC's outstanding share amount will climb above 1.7 million anytime soon."
It is useful to note that GBTC didn't always seem this expensive in comparison with Bitcoin. Before Bitcoin's price spiked in the past several weeks, the trust traded on an average premium of just 10% above the crypto currency in 2017. The issue seems to have come about when Bitcoin's demand blew up and GBTC's supply did not change. As Bitcoin continues to spread further into the financial world, it will be interesting to see where GBTC's share prices go as well.
GBTC is traded on OTCQX.
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Why Buy This Expensive Bitcoin Trust Instead of Actual Bitcoin? - Investopedia
US bitcoin conman hit with $12m fine – BBC News
BBC News | US bitcoin conman hit with $12m fine BBC News An American conman who ran a bogus bitcoin mining scheme has been ordered to pay a $12m (9.2m) fine. Homero Joshua Garza told investors he would use custom-built computers to mine the virtual currency on their behalf and share the proceeds. Bitcoin Ponzi schemes slammed with $12 million penalty Person behind Bitcoin Mining Scam Faces $12 Million Fine |
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US bitcoin conman hit with $12m fine - BBC News
These Digital Tokens Are Making Bitcoin’s Huge Rally Look Tame … – Bloomberg
Forget U.S. stocks and emerging-market assets, even ignore bitcoin. Those brave enough to invest in the Wild West of tech are the ones making a killing.
While the record-breaking rally in bitcoin has captivated markets, demand for other digital coins is surging as companies raise millions in minutes, or even seconds, from investors wanting in on the next big tech startup. Last week it took 30 seconds for Mozilla co-founder Brendan Eich to issue about $35 million of basic attention token, the unit of exchange in a blockchain-based advertising platform built on top of the companys Brave browser.
QuickTake Bitcoin and the Blockchain
Digital tokens tied to the blockchain platform issued this year have more than doubled in price on average since trading started, according to data compiled by Bloomberg. Tech startups are increasingly selling coins that can be used on their projects instead of resorting to traditional financing methods such as venture capital.
The sector isnt for the fainthearted. The apps and websites behind most of these tokens are still only in development stage. Most are sold for pennies on the dollar and volatility can be extreme. TaaS, a closed-end fund dedicated to blockchain markets, had the coins it sold this year double in price in five weeks, and then fall 35 percent in two days.
But if you can stomach the risk, the rewards have been substantial. Coins from the 15 ICOs this year for which data is available have risen by an average of over 100 percent, while shares sold in initial public offerings in the U.S. this year have gained 13 percent on average since they started trading.
Theres been overwhelming demand for coins,said Ron Quaranta, chairman of the Wall Street Blockchain Alliance. Sure, a lot of it is based on speculation and traders looking to make a quick gain, but theres also a fundamental driver, which is the anticipation that the digital-currency market is maturing.
Read more on how digital coins are letting startups bypass venture capital
Forty-four coins have been issued this year, according toblockchain research website Smith & Crown. Not all trade immediately after the auctions since some have vesting periods. The tokens with the biggest gain, a 500 percent jump since it started trading on March 30, was issued byEdgeless, which is building a decentralized gambling platform. That sale wasnt open to U.S.-based investors since the company isnt licensed to operate in the U.S.
Prediction market platform Gnosis sold the highest valued tokens this year. The GNO token started trading at $52 on May 1 and has more than quadrupled.
Even with growing acceptance of blockchain from companies ranging from Toyota Motor Corp. to JPMorgan Chase & Co., some advocates of the technology say theyre cautious of the digital tokens because of the exuberance sweeping through the cryptocurrency world.
It seems like a fad, and as a professional investor, its not what we do, said David Dunn, president of Kingsbridge Wealth Management, who first bought bitcoin in 2014 and has invested in blockchain-related companies. Id rather invest in the companies using the technology themselves. The speculators might end up being right, and this becomes a solid investment because of the power of the technology, but were not at that stage.
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Token sales like the one for Gnosis, which catapulted the companys market capitalization to over $300 million without it even having a product, or Eichs BAT coin, which was over in seconds, have raised some eyebrows. Still, the token market will probably continue to grow at least in the near future, said Nick Tomaino, principal at San Francisco-based venture-capital firm Runa Capital, who also runs The Control blog, which tracks digital currencies.
More than $100 million of coins has been raised this year, surpassing total sales last year, while total issuance is expected to jump to about $600 million, according to Tomaino.
Theres a lot of hype, and a lot of money being raised because its so easy for anyone to create these coins without having to deal with any third parties, and its so easy for people to buy them, Tomaino said. It cant be stopped.
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These Digital Tokens Are Making Bitcoin's Huge Rally Look Tame ... - Bloomberg
You can’t hold a bitcoin, but the web currency’s value has skyrocketed. Why? – McClatchy Washington Bureau
McClatchy Washington Bureau | You can't hold a bitcoin, but the web currency's value has skyrocketed. Why? McClatchy Washington Bureau Unlike gold or dollar bills, the digital currency known as bitcoin does not physically exist. There is no there there. Even so, there is excitement and speculation. And a wild rollercoaster ride. The price of bitcoin has more than tripled in the past ... Why Buy This Expensive Bitcoin ETF Instead of Actual Bitcoin? All that glitters is bitcoin now Bitcoin Attract Young Traders in India |