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Haye welcomes you to Bitcoin information number 276 today, January 10, 2018. It's about Jamie Hyneman and his Bitcoin fraud. They also say it's about the central bank in Israel and it's about Microsoft and Bitcoin payments. But if you first look at the price in July, we see 15,000.91 dollars. So, yes, it's fallen again from yesterday morning at this time.
Yes, just briefly, it's 9:00 AM on the 18th. Yesterday we were at 15,000. Now we're still at 14,000.97 dollars. Yes, so the price has fallen back by 1200 dollars. We were even a little bit above 13,000 last night, again 13,900. The price is under a bit of pressure at the moment. Yes, I'm curious what will happen in the next few days, but I think that if you look at the old one, many, many people can still smile, I would say.
Yes, first topic: finanzen.net writes JP. Morgan CEO Jamie Dimon has distanced himself from harsh criticism of Bitcoin. The head of the major US bank said some time ago that Bitcoin is a scam and that the rise of the digital currency is worse than the tulip mania of the seventeenth century and will not end well.
He also said that if his people were trading Bitcoin, he would fire them in a second. He said all this in September. But now he told the New York television station Fox Business News that he made his statement, and that Bitcoin has developed into a really big thing. He is quoted there, and however, he also added that he is still not very interested in the topic.
But why does he keep distancing himself from it? If he's not interested, I have no idea what's going on. In any case, he seems to find the topic of blockchain a bit more interesting now because he says that blockchain is the real deal behind it, and that Sweden is behind it. But well, you see, once you say something, you say it.
A few months later, cheated, he says yes, it's a really big deal, but you can't really put much stock in it. Whether what he says carries any weight, I have no idea, but you can see that bankers change their opinions relatively quickly. So, what's going on in Israel? The Central Bank of Israel has commented on Bitcoin, and at the Knesset Finance Committee meeting, Dr.
Radio Berg, speaking on behalf of the Israeli Central Bank, took a position on the cryptocurrency. According to him, the Central Bank of Israel considers cryptocurrency an asset. Very interesting what's happening there. A whole nation's banks and decentralization—that does n't fit together at all. They will probably never have a harmonious relationship.
And we also had the Bank of England, which he said a few weeks ago, " Yes, we want to advertise our own daycare center," but has now scrapped the plans. Now we have the correct one in China, the one called the exchanges, and now it's my turn to be attacked a bit, to get the electricity to the zoo a bit.
The situation remains unclear, and what really happened back then is still uncertain. However, there are worldwide efforts by states to somehow interfere. Regarding the central bank of Israel, I first had to consult books on the definition of "currency," and this is probably because they receive many inquiries from bank customers who had problems exchanging fiat currency for krypton.
Therefore, the central bankers believe it's not for that reason, but this year, they believe crypto advertising is about assets and not being valued as domestic or foreign currencies. The representative said that a key element of currencies is the level of trust that users place in them. This trust stems from the fact that currencies represent legal tender with legal security.
Furthermore, they fulfill functions attributed to them in economic literature, including their use as a unit of account, a payment option, and as a store of value guaranteed by stability. And according to current assessments, no one is attacking these properties in cryptocurrencies, as they are characterized by volatility and complexity.
Payment transactions are characterized by opacity of authorship, yes, that's what she says, but he has no law, and this is all nothing more than an official assessment. Yes, and ultimately, every bank, even in Israel, is still left to its own devices with the risks. They only had to take precautions there, especially for Jews and, of course, only for the normal customers, to prevent money laundering and the financing of terrorism.
Yes, so what does that entail? Of course, the monitoring of transactions with large sums of money, and the banking supervisory authority has already assembled a team that wants to investigate this now. Yes, and yes, the statement is also quite clear: there are no international regulatory approaches, no guidelines to which one could refer, and there is no definitive, general answer.
And yes, we'll see what happens next. In any case, I have an assessment: how nice is that assessment, but what that actually means for the Israelis remains to be seen. That brings us to another topic: Microsoft and Bitcoin. What's going on there? What is Microsoft worth, or does it have Bitcoin? Removed as a payment option from his shop, yes, and actually it was Microsoft, yes, only Dr.
and Bill Gates have also already proven themselves positively, especially regarding Bitcoin, and this decision to no longer accept Bitcoin as a means of payment is apparently evident from publicly posted chats with customer service, and the main reason, according to this article from the Telegraph, is that the volatility and risk with cryptocurrency is too high.
Good question, I personally simply believe that the fees probably played a big role because, quite honestly, at the moment Bitcoin is really totally annoying. Yes, I do n't know about you, but Bitkom wants to pay something, the fees are simply outrageously high, and that's totally, so in my opinion, it's totally damaging to the entire ecosystem, and we're seeing a lot of influx of users, even Bitcoin Cash right now, and I hope that Bitcoin finds a solution at the leading network, although there is, of course, a lot of criticism from various quarters, so that really remains to be seen, but the fact that this situation we are in, especially with these high fees, is really my In my opinion, this is extremely damaging to the entire industry and the entire Bitcoin ecosystem, and rightly so, people are no longer using Bitcoin.
Many say, "Yes, it's known as digital gold," but honestly, the high transaction fees aren't something I see as particularly good. I believe that if a solution isn't found quickly, more and more people will turn away from Bitcoin. Yes, the company had to work, but customers can still top up their Microsoft accounts with Bitcoin, which is kind of crazy.
They can pay for video games, movies, and apps with it, but they can no longer pay with it in the Microsoft Store. They say these deposits are now being processed. Others say that doesn't mean you ca n't withdraw them, but you can withdraw them again. If you have Bitcoins, you have to spend them. I haven't tried it myself, but it 's definitely not good news when such a large company like Microsoft suddenly turns away from Bitcoin.
But that's part of it. I think we'll see an extremely exciting year this year. I can only... From my own experience, that's why, for me, Bitcoin is currently pointless to send and receive due to the high fees. Yes, I now have Bitkom Cash Market, which I personally quite like because it's very fast. I made a Dash transaction yesterday, and it was confirmed that it was incredibly fast, and the fees were minimal.
So, it's definitely a pretty cool thing, like many others. I don't think we'll see a lot of movement this year regarding payment options. It supposedly has big plans. Yes, but now, if you look at Colin's market cap, it's in fourth place behind Ripple. Terium is back in second place. Is that enough? Yes, it's in tenth place and has worked its way back up.
Ronja, the places they were in before, have fallen by 28 percent compared to yesterday. And if we look at the market capitalization, it's 709 billion, trading volume is 49 billion, and Bitkom Cash is down 34 percent. And yes, in the top ten, only Theora is currently a winner. $1361 holds a percentage plus, yes Ripple 25 percent - with Frank slightly in the plus, Nano 20 percent, the number at 70 cent Nikon 2.43 dollar note 10 percent - Stella 20 percent - so today some currencies are going extremely low again, but there are also a few winners.
For one, there's the Medi Blog 95 percent plus, You Trust 54 percent plus compared to yesterday, and the top losers are Ron and Experience. The experiment is called Experience Points, not bread Experience Points. We also lost a lot: Tron with 28 percent - Experience Points with 25 percent - so there are a few red numbers again today, but also a few green ones.
The usual in the clip, Tomato, it goes up and down as we all know it. So that's a short show for me today. I hope I liked it. If so, let me know. Share this video with people who are also interested in Bitkom news and Krypton, or should be. And yes, let's get more people together. I'm trying to get excited about crypto here, even if Bitcoin isn't so great right now because, honestly, if you want to give someone 20 dollars or 20 euros in Bitcoin, you can pretty much forget it at the moment.
But there's Desch and other cryptocurrencies, so in that sense, I'm out, says Marita, waving her hat. She had already been around long before, so much for Bitcoin.
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