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How Pizza Day Relates To Bitcoin Mining

Bitcoin Magazine 20 May 2022
Laszlo Hanyecz’s significant contributions to Bitcoin far outweigh the possible regret he may have for spending 10,000 bitcoin on two pizzas. Memes aside, what is the significance of Bitcoin Pizza Day? When Bitcoiners buy pizza on May 22 every year, what exactly are they celebrating? ... How many Bitcoin OGs from 2009 and 2010, who were sending bitcoin between one another like it was monopoly money, still have a stack that large?.

What Is BIP 119 And Why Did It Fuel Such Heated Discussions In Bitcoin?

Bitcoin Magazine 20 May 2022
Explaining the controversy around Bitcoin’s BIP 119 (CTV) proposal and debunking some myths that in part fueled it. It’s been hard to ignore the discussion around CheckTemplateVerify (CTV) over the past few weeks as it has apparently been generating a divide in the Bitcoin community with developers, users and companies taking sides on whether the activation of the proposed upgrade would be a net positive or negative to the network.

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Latest Prices

# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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How Pizza Day Relates To Bitcoin Mining

Bitcoin Magazine 20 May 2022
Laszlo Hanyecz’s significant contributions to Bitcoin far outweigh the possible regret he may have for spending 10,000 bitcoin on two pizzas. Memes aside, what is the significance of Bitcoin Pizza Day? When Bitcoiners buy pizza on May 22 every year, what exactly are they celebrating? ... I don’t need thousands (or even hundreds) of bitcoin to do that.
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What Is BIP 119 And Why Did It Fuel Such Heated Discussions In Bitcoin?

Bitcoin Magazine 20 May 2022
Explaining the controversy around Bitcoin’s BIP 119 (CTV) proposal and debunking some myths that in part fueled it ... CTV is a proposal to improve Bitcoin through a soft fork, a type of upgrade that ensures that nodes that choose not to update can still participate in the network as long as a majority of hash power enforces the new rules.
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MicroStrategy’s Bitcoin Holdings And The Grayscale Bitcoin Trust Discount

Bitcoin Magazine 20 May 2022
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.Bitcoin Investment Vehicles.
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Bitcoin and Ethereum are Not Currencies, States Swedish Central Bank

CryptoPotato 20 May 2022
Riksbank – the central bank of Sweden – has joined a chorus of other monetary authorities in rejecting Bitcoin’s status as “currency” ... Many Bitcoin bulls push the asset as an inflation hedge and value storage technology, due to its fixed supply and immunity to monetary debasement ... Central Bank Aversion to Bitcoin.
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El Salvador Faces No Easy Exit From Worsening Crisis Amid Crypto Crash

Bitcoinist 20 May 2022
A central American country, El Salvador, has been buying Bitcoin since September ... El Salvador is the first country to adopt bitcoin as a legal tender. They also plan to create a crypto mining hub using power from volcanoes and issue the first sovereign bond linked to bitcoin ... Bitcoin is trading at $30,177 with a growth of 5.22% .
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Bitcoin Price Prediction for Today, May 20: BTC Fails to Push Higher as Price Moves ...

Inside Bitcoins 20 May 2022
At the time of writing, the Bitcoin price prediction is dropping over 1.60% within 24 hours as it trades at the $38,773 level. Bitcoin Prediction Statistics Data.. Bitcoin price now – $30,027. Bitcoin market cap – $572.3 billion. Bitcoin circulating supply – 19.0 million. Bitcoin total supply – 19.0 million.
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Bill Gates Doesn’t Invest In Bitcoin, Says It Does Not Add To Society

Bitcoin Magazine 20 May 2022
Bill Gates, fourth-richest person in the world and legendary founder of Microsoft, held an Ask Me Anything (AMA) on Reddit, which was proven to be true on Twitter, where he explained he does not invest in bitcoin because it is not “adding to society” ... This is the antithesis of bitcoin, so of course Gates opposes it.
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MicroStrategy Stock Rallies 10% As CEO Saylor Predicts Bitcoin Will ‘Go Into The Millions’

Bitcoinist 20 May 2022
According to Thursday’s reports, the recent decline in bitcoin’s value has not altered the investment tactics of MicroStrategy. MicroStrategy surged more than 10 percent on Thursday alongside Bitcoin, which was trading about 5 percent higher despite the S&P 500 struggling to trade flat ... And I anticipate bitcoin to go into the�millions.
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Can Bitcoin Become a Reserve Currency?

Changelly 20 May 2022
Despite all the volatility on the crypto market, many academics and crypto enthusiasts alike are still debating whether it is possible for Bitcoin (or any other cryptocurrency, really) to become a reserve currency ... But what about Bitcoin? Does it have what it takes, and… would it actually benefit from becoming a reserve currency?.
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Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off

Bitcoin 20 May 2022
Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off ... “We are in it for the long term.” Microstrategy Sees Bitcoin as the Future of Money ... The executive is still bullish on bitcoin despite the recent sell-off.
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Bitcoin Brings Maximum Pain for Globalists

Bitcoin Magazine 20 May 2022
The macro picture in Europe looks bearish and as the Federal Reserve signals continued hawkish stance, bitcoin provides a hopeful path forward ... He is also a long-term Bitcoiner, discussing it for many years in his writing and podcasts. “Fed Watch” is the macro podcast for Bitcoiners ... economy is good for bitcoin, at this moment in time.
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How and why to withdraw your coins from an exchange

Trezor 20 May 2022
Bitcoin news and comment ... Withdraw your bitcoin to cold storage today! — Josef Tětek ... A more obvious time bomb that none of us can afford to ignore, is that the custodians we buy from aren’t holding our bitcoin, they’re just promising us some of theirs.Contents ... They are claiming the right to use your bitcoin to settle their debts.
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Long Liquidations Continue To Rock Market As Bitcoin Struggles To Settle Above $30,000

NewsBTC 20 May 2022
The effects of the long liquidations that rocked bitcoin after the digital asset had fallen to $25,000 continue to be felt even now. Bitcoin which has since managed to recover above $30,000 once more remains a prime liquidation target in the market ... Bitcoin Liquidations Touch $61 Million ... More Stress For El Salvador As Bitcoin Dips To $29,000.
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Bitcoin Will Go Into the Millions, Predicts MicroStrategy’s Michael Saylor

CryptoPotato 20 May 2022
Michael Saylor has yet another bold prediction for Bitcoin, even as his favorite cryptocurrency struggles to hold on to the $30,000-mark ... Owing to countless Bitcoin purchases, the Saylor-led business intelligence firm, MicroStrategy, is still the largest corporate holder of the cryptocurrency, with 129,218 BTC.
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Elon Musk Hints Tesla May Accept BTC Again Soon

LB News 20 May 2022
Elon Musk – the South African billionaire and entrepreneur behind large companies like SpaceX and Tesla – has hinted that the latter enterprise may potentially accept bitcoin in the future for payments again given his confidence that the entire industry is moving closer towards renewable energy.

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