BMR for 19th Jan 2022 - The future looks bright

As I prepared to write my blog post this morning and seeing the 24 hour and January trend for crypto I had to do some reading elsewhere. You see at first glace everything looks bleak. Markets are down. I am going to reference @taskmaster4450 two days in a row. As he said, since January came in it is like a blood bath out there.

His two posts yesterday give hope:

The Bear And Builders. Basically he talks about how when the markets go down people leave and building slow. It is 100 percent the apposite of what you should do. And I can say I have seen this before in other things over the years like affiliate marketing. Sports when people jump on the band wagon. I guess it is human nature. But those of us that can break that trend will be better off in the long run.

His second post: It Is Time To Start Amassing LEO he talks about the demand for Leo to sky rocket.

Then I figured I would see what is going on with Bitcoin news.

The first two articles I found, to me, goes to show, gives an indicator how Bitcoin is hear to stay and that being the fact the future looks bright.

Heavyweight champ to take 50% of his UFC 270 purse in Bitcoin.

UFC heavyweight title holder Francis Ngannou has announced he will take half of his UFC 270 prize purse in Bitcoin (BTC) via Cash App.

"After doing a lot of research on Bitcoin, I really believe it is the future of money, man. Bitcoin is valuable, secure, and no one can mess with it."

Amazing and wonderful I think.

And one of, what I think, the biggest news comes from Intel. Intel To Unveil Bitcoin-mining 'Bonanza Mine' Chip at Upcoming Conference.

"The other part of the answer is that we do think that this whole blockchain, as you call it, which coins are good [...], I think blockchain is a transaction thing that is run much more efficiently than the burning of hardware cycles, is something that we are working on." Koduri said, "And that's not a GPU thing, so don't try to confuse that as a GPU thing. GPUs will do graphics, gaming, and all those wonderful things. But being able to do much more efficient blockchain validation at a much lower cost, much lower power, is a pretty solvable problem. And you know, we are working on that, and at some point in time, hopefully not too far into the future, we will kinda share some interesting hardware for that."

To me that is one giant statement.

I hope my quoting has given you something to think about and putting out some positivity.

Bradley's Market Report

Hive: $1.14 down 4.40% Just remember Hive was 14 cent on 19th Jan 2021.

Bitcoin: $41,601.20 down 0.72%

CUB: $0.2906 down 3.61%

Chia: $84.76 down 0.63%

2021

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Have a great day all.

Bradley

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