Not every family can benefit from cryptocurrency in many ways. However, for the Bitcoin Family of five, things look different – and they are on the road again – spending BTC and enjoying life.
A story with one news outlet went viral on many best cryptocurrency news sites later on, showing that the Bitcoin family sold everything that they owned in 2017 in order to buy Bitcoin. As the father in the family Didi said, he realized that “life could go very fast” and that he “had been running the hamster wheel to just accumulate wealth.”
The Bitcoin family has been featured almost everywhere. In our latest cryptocurrency news, they are described as a family that got a burnout and started to travel together around the world – mining Bitcoins ever since 2013 and investing in cryptocurrency as their main job.
After they saw that crypto has a big potential and that prices are going up and there is “more chatter on forums” about things like Bitcoin news and altcoin news – they came up with a plan and started traveling. As the family says, they wanted to show their kids that happiness is not dependent on wealth.
As the Bitcoin family said, they needed “to change life because we had been spoiling our kids and educating them the wrong way.” The role of the family, as the interview pictured, is a group of five traveling around the world and trying to educate themselves and prepare as much as possible about the “evolution of technology that will revolutionize the worldwide monetary system,” they said.
The Bitcoin family even started a new trip recently, which as they said aims to “educate those people that really need to be educated in the true fundamentals of Blockchain and Bitcoin.” They also want to help the poor and unbanked as well as charities to “understand how they can be included into the monetary system without the need of a bank account.”
Didi said: “My goal was not to become a millionaire but to change my life.” When asked about his current activities, the head of the Bitcoin family said that they “now try to live day by day and really enjoy the moment and time we spend as a family.” They keep most of their Bitcoins on hardware wallets (70% of them) somewhere in Netherlands, as they said.
This story and interview were taken from Cryptonews.com.
BitMEX CEO Arthur Hayes: ‘Traditional Traders Are Under Pressure’
“Some of the practices in our market are going to be mimicked in traditional trading [...] All these things about being somewhere and trading something and physically reconciling records is all going to go out the window. Once you get away from that and understand that everything will be digital in the next 10 years, you realize that Bitcoin isn’t such a strange idea.”It remains to be seen how labor organizations which were crucial in the adoption of weekends, the 40-hour workweek and mandatory break - will respond to the claims of the BitMEX CEO Arthur Hayes and especially if his prediction passes. On September 18 and before this, the CEO of BitMEX was in the news for predicting that Bitcoin (BTC) could soon shoot to $20,000 as a result of emergency measures from the United States Federal Reserve. The comments by Hayes came right after the Federal Reserve swooped in and decided to decrease interest rates on some loans which reached more than 10% or four times its target. More than $53 billion was pumped in the economy through the quantitative easing (QE) measures.
“QE4eva is coming. Once the Fed gets religion again, get ready for #bitcoin $20,000,” the BitMEX CEO Arthur Hayes tweeted back then.The latest Bitcoin and altcoin news show a new correction on the market. The total market cap is now at $267 billion and Bitcoin is again below $10,100.
McAfee Believes Bakkt Launch Could Jumpstart Widespread Adoption
“BAKKT goes live tomorrow. It is an institutionalized exchange so I won’t be using it, but institutions will feel a level of trust that they had not had. It could jump-start Ctypto adoption. But remember – it is the opposite of freedom’s movement."https://twitter.com/officialmcafee/status/1174999327917297666 McAfee also said that the date of the platform's launch mixed up - and the Bakkt actually launches on Monday and not tomorrow. The coming altcoin news sum up a lot of stances from the community. One of them is the viewpoint of Thomas Lee, a prominent cryptocurrency analyst and a notable Bitcoin bull. While John McAfee believes there could be a bull run soon, Lee said that the Bakkt launch will improve the institution trust of the crypto markets.
“I am very positive on @Bakkt and its ability to improve trust with institutions to crypto,” Lee explained.https://twitter.com/fundstrat/status/1174894754250838016 Assuming that everything goes well and the Bakkt launch proceeds with great success and utilization, it could lead to an influx of fresh capital in the markets. This could also boost the performance of crypto for the second half of 2019. The best cryptocurrency news sites today report about the falling price of Bitcoin over the past several days. The sideways trading, however, may soon come to an end as McAfee believes - mostly because of the upcoming Bakkt launch.
CME Group Will Launch Bitcoin Options Early In 2020
“Based on increasing client demand and robust growth in our Bitcoin futures markets, we believe the launch of options will provide our clients with additional flexibility to trade and hedge their bitcoin price risk. These new products are designed to help institutions and professional traders to manage spot market bitcoin exposure, as well as hedge Bitcoin futures positions in a regulated exchange environment.”CME Group also detailed that since their 2017 launch, there have been more than 20 "successful" futures expiration settlements and more than 3,300 individual accounts trading the contracts. Close to 7,000 CME Bitcoin futures contracts are traded on average each day, the company stated. Meanwhile, the coming altcoin news in March this year showed that CBOE abruptly changed the tack and halted its futures product. Now that CME Group will launch Bitcoin options and CME won't (for now), this gives a massive advantage to CME as the sole provider of Bitcoin futures in the US. However, it seems like CME will have a new rival from Monday. The rival is the Intercontinental Exchange (ICE) and is subsidiary Bakkt - both of which are preparing to offer a new BTC futures product. Unlike CME and its cash contracts, ICE will be offering a physically settled product which means that its customers will receive actual Bitcoin (BTC) instead of the cash equivalent.
Bitcoin Avoids Posting Seven Consecutive Red Daily Candles
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