Video Tutorial of Cryptosilv website Part 1

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Bitcoin Might Bottom to $5,000 Before Springing All the Way to $50,000

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Back in July, when Bitcoin was trading around $7,500 and the price was climbing, Arthur Hayes, co-founder and CEO of cryptocurrency exchange BitMEX, predicted Bitcoin could continue to drop. He marked $5,000 as a possible bottom, before a big market rally could propel Bitcoin to an astonishing new all-time high of $50,000 by the end of the year. While Bitcoin and the cryptocurrency market as a whole is searching for widespread adoption and critical developments tackling security flaws and solving scalability issues, Hayes made his assessment based on market behavior. In a July interview with CNBC, he explained why he believes the summer months and a financial world of globe-trotting vacationers is at play. His expectation: the markets will heat up in Q3 and Q4. Hayes is a former equity derivatives trader and market-maker for Deutsche Bank and Citibank’s Exchange Traded Funds (ETF). He co-founded Hong Kong-based BitMEX in 2014. The exchange is now valued at $3.6 billion on a ...
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Nigerians and Risk

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Nigerians can risk their lives. Nigerians can take risk with their lives but not with their money. If the way Nigerians risk their lives they are willing to risk their money, probably we'll have smart investors, people that can translate and teach success factors. Today I experienced something that reinforces that belief. This weekend, I was planning to attend a burial of my neighbour's dad. The burial was to take place in Ile-Oluji and we have arranged for a bus to convey all the street neighbours to go there. We took off as usual and some telling signs surfaces immediately. The bus refused to start, it took some spanking of the battery before the bus was ignited. We got to Ile-Oluji safely and met the church service. From the church service we went to reception. The reception was still on when we decided to take our leave. Actually it was about to rain and the driver was apprehensive. He wanted us to take our leave. We couldn't read much to it because we had be...
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Tom Lee: Bitcoin Could Benefit from Ether Futures

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Bitcoin bull Tom Lee believes that Ether futures trading may hurt the cryptocurrency but could benefit Bitcoin. If there’s one thing you can say about Fundstrat’s Tom Lee, it’s that he’s very optimistic about Bitcoin. In early July, Lee stood by his prediction that the price of the world’s number one cryptocurrency would hit $25,000 by the end of the year. Since then, he has consistently maintained that market trends show that BTC price will rise throughout the latter half of 2018. Now he’s found an unlikely ally in the potential gains of BTC – Ether futures trading. What Hurts Ether… Lee was recently commenting on Cboe announcing that they were close to launching Ether futures trading. He took the approach that such a circumstance could actually harm the altcoin. The main reason why futures trading could be bad for Ether is that it would allow bears to bet against it, thus having the potential to knock its value down quite a bit. Lee cites how the price of BTC fell dr...
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