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Bitcoin price prediction 2019: Will BTC hit $10,000 next year or CRASH completely? | City & Business | Finance

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Bitcoin began 2018 valued at £10,603 ($13,422) having started to fall from its record high. The BTC price has since plummeted, dragging the majority of the crypto market down with it. Bitcoin is currently valued at £3,036 ($3,844) at 1pm GMT on Saturday, December 22.

Bitcoin cash (BCH) founder Calvin Ayre believes the crypto will overthrow BTC’s market capitalisation, rendering it all but worthless.

The billionaire said: “I’m afraid I am predicting it to go to zero value as it has no utility, it does not do anything and they intentionally are anti-scaling bitcoin, the technology and economic model, are alive and well with Bitcoin Satoshi Vision and is going to have an amazing year.”

Another bitcoin pessimist Nouriel Roubini went even further in June, saying: “Blockchain is the most over-hyped — and least useful — technology in human history.

“No asset class in human history has ever experienced such a rapid boom and total utter bust and implosion.”

READ MORE: Bitcoin mining ‘uses DOUBLE the energy required to mine GOLD’

In terms of a definite prediction, Roubini claims “in due time” Bitcoin will be worth “close to zero”.

Some industry insiders are more sanguine about the cryptocurrency’s prospects.

Mike Novogratz CEO and founder of Galaxy Digital recently stated his belief the Bitcoin price will hit an all-time high before the end of 2019.

He is joined in this confident attitude by Sonny Singh, Chief Creative Officer of BitPay, who believes BTC will surpass its former $20,000 price ceiling within the next 12 months.

READ MORE: 10-year forecast shows bitcoin ‘WON’T DIE’

And even more optimistic are Fundstrat executives Tom Lee and Sam Doctor who have gone on record with their view that a price of £28,440 ($36,000) is realistic to expect in 2019.

This significant price hike will require enormous institutional capital inflows, which are increasingly realistic due to the launch various trading desks, in addition to crypto custodial solutions.

David Thomas, director of the GlobalBlock digital asset brokerage recently discussed why that institutions are hesitant about taking up positions in crypto.

Mr Thomas said: “If we look at previous trends it takes on average around 67 weeks for bitcoin to recover and proceed to new all-time highs.

READ MORE: Will BTC reach £5,500 this month?

“If you follow this logic, then bitcoin would be heading towards US $20,000 in the second quarter of 2019.”

But Mr Thomas does not believe this happen this time because of “bruised investor base after this year.

He therefore reined in his 2019 price call, saying: “With positive news, ETFs (performance trackers) and regulation, we believe bitcoin will recover to the US $8000 to $10000 levels during 2019 which given where it is today would on balance be a decent year.”

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Independent Consultant Beginner – 6 Should Have Pieces Of It Technology And Software

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Prima Wireless Earbuds Reviewhttps://primawirelessearbuds.net/.

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An impressive media player supports several formats of both music and video clips. These can easily be in order to and from a computer by using the microUSB (v2.0).

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What Make Sure You Really Know Right Anyone Decide To Travel

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When traveling with children advised plan your route in advance. Do a little research and see as relevant and fun places to stop such as parks, museums or other attractions. Once you take breaks every non-chemical hours so everyone maybe even including the children probably get out and stretch their legs.

And yet their internal mechanics have improved with as of yet these people offering us much more than the mere Fm wavelengths. With their radio kit specially the newer model launched, you will get FM, AM, Internet radio, weather forecast and also TV recording.

Sony PSP – This will be the more advanced of the two in relation to Pure Pod Vibes (purepodvibes.org) specs. The PSP has a very high quality screen and can do proper sounds so may even watch free movies online on it’s. But you’ll have get the UMD movie disks and may cost replacing or additional a regular DVD. The PSP doesn’t have a a display and if you’d like to play linked games you’ll in order to be get a cable and each player need to have a copy of the sport.

Once that alarm sounds you in order to spend one hour writing down everything you just remember musing about it. You can then go back to sleep, but make particular command yourself to continue exact same way dream. Since REM state is one of the most state for dreaming, technique stretches against eachother and helps to make this more effective for lucid dreamers.

Departure time is extremely important. Leaving early am is a proficient plan. Your offspring will be tired and possibly sleep vehicle for the first part of the trip in any case.

Entertainment electronics cut in again. Modern airlines provide small TV in the back of the seat even for economy class, or Pure Pod Vibes superb hanging away from the ceiling, which are usually difficult towards your kids to ascertain if they’re not sitting within corridor outside. If you don’t have that type of luxury, a camcorder with headphones will have the desired effect. Modern camcorders have a little flat screen, so its possible to use because a mobile TV/VCR combine. For older children, a laptop with a DVD-player are able the job as so. But keep in mind to charge the batteries up to now!

Skateboard Parks: The best shop to do skateboarding in at a skateboard city park. They are safer places to skateboard because they remove associated with posed by motor all together .. The ramps are well constructed, the park is in the main free of debris; there is ample lighting for night professional skateboarding. Follow the park rule and traffic flow, skate the four foot ramp, then the six, after that your eight. I know it sounds like common sense, but sometimes boarders enter into “their zone” and Pure Pod Vibes Reivew Pod Vibes Reviews forget what’s natural. That takes us back to the ‘Keep your focus strategy. You always have to be know.

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Majority of Canadian workers willing to take less pay for a workplace pension plan: survey

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A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a new survey for the Healthcare of Ontario Pension Plan by Abacus Data.

The survey, which polled more than 2,000 Canadian adults in April, signals an opportunity for employers to build back the post-coronavirus pandemic working landscape better by expanding access to good retirement plans — whether they’re defined benefit, defined contribution or group registered retirement savings plans, says Steven McCormick, senior vice-president of plan operations at the HOOPP.

According to the survey, a secure retirement remains of greater concern for Canadians than concerns about their health, debt load and job security. McCormick says this has been a consistent worry the HOOPP has seen in survey results over the past couple of years. Nearly half (48 per cent) of respondents said they’re very concerned about having enough money in retirement, while 31 per cent were highly concerned about their personal debt load and 26 per cent cited their job security. Close to half of respondents expressed high concerns for their physical (43 per cent) and mental (40 per cent) health.

In addition, the pandemic has harmed the finances of more than half (52 per cent) of Canadians’ surveyed and it’s had a particularly disproportionate affect on the finances of younger adults. Adults aged 44 and younger said they’re twice as likely (25 per cent) to have had their finances greatly harmed, compared to those over the age of 60 (12 per cent).

Generally, younger adults tend to work in roles that may have been impacted most by the pandemic, says McCormick, whether in service industries that were shut down or frontline health care that have been busy but don’t always come with access to a pension plan. “Affordability is an issue, so I think their worries increased during this time.”

And while almost half (46 per cent) of Canadians surveyed said they’ve saved more money than they would have since the onset of the pandemic, among these respondents, over half (52 per cent) didn’t put any of their savings toward their retirement. Overall, most (63 per cent) Canadians surveyed haven’t set aside or saved anything for retirement in the past year, a five-point increase since 2019.

McCormick says this may be due to uncertainty or hesitancy about whether people’s immediate needs outweigh longer-term needs. And with 55 per cent of respondents noting they were very concerned about the cost of day-to-day living, he adds that rising prices have fuelled insecurity and worries so people are creating their own emergency funds right now.

While there’s a segment of the population who’ve saved more and, for them, the pandemic has created wealth, he doesn’t see this as a common narrative in the survey data. “If you don’t have access to a workplace pension or the opportunity to have things like automatic enrolment, the uncertainty of the time may have you holding onto money,” says McCormick. “In Ontario, we’re more optimistic about the pandemic than we were maybe a month ago, but there are still people worrying about whether there’ll be a fourth wave.”

In addition, more than two-thirds (67 per cent) of respondents said a retirement crisis is looming and 65 per cent said saving for retirement is prohibitively expensive. It’s a common and shared dream for many people in looking forward to a secure retirement, says McCormick, noting for many, making that dream a reality remains elusive.

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