According to bloomberg article: “
How long will the oil war last?
How long can the vicious oil-price war between Saudi Arabia and Russia last? If history is any guide, the battle will be a long one. Riyadh has waged four price wars, including the current one, over the last 35 years. All of them lasted at least a year, and prices plunged at least 50%.Mar 17, 2020
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According to some latest articles that talk about Ethereum (ETH) next coming event which is the switch from POW (proof of work) to POS (proof of stake), in other word from mining to staking, in other other word today you use a GPU to dig for Ethereum coins but soon will be investment like program that required you to have initial 32 ETH or so locked in to get profit out of it.
So when will this Ethereum 2.0 happening? Although there has been a lot of delay since the beginning of 2020, the most recently scheduled date is somewhere in June 2020.
For all those that are familiar with Bitcoin and this coming May 2020 halving “November 28, 2012: The first Bitcoin halving takes place to reduce mining rewards to 25 BTC. July 9, 2016: Second halving takes mining reward down to 12.5 BTC. 2020: The third halving will see the reward fall to 6.25 BTC.”
what is bitcoin halving? “What is Bitcoin halving? An event that halves the rate at which new Bitcoins are created. It occurs once every four years. As many know, Bitcoin’s (BTC) supply is finite. Once 21 million coins are generated, the network will stop producing more.”
The short answer is: None so far. According to the internet google search “No Major Auto Insurers Offer Bitcoin as Payment. While you might be able to save 15% on car insurance with Geico, you can’t use Bitcoin to pay for your policy. At the moment there are no major U.S insurers offering any digital currency for payment towards a policy, even though Bitcoin has been around for over 8 years.”
However don’t let that stop you being creative, you never know one of the website out there might be selling giftcard that be use as voucher for payment, or someone willing to pay the insurance for you with their money to your insurance bill payment and you just have to pay that person in Bitcoin cryptocurrencies with a premium of course. So do your math, is the premium worth it? and what is that percentage premium? how is it compare with you having to cash your Bitcoin and paying tax for it plus having the IRS coming after you asking how much Bitcoin you have.
Well lately it seems like Bitcoin and other Cryptocurrencies are following the same trend as Stocks, leaving oil way back and yesterday report showing oil below zero negative possibly. However Bitcoin went back up strong it was first crashed with the Stock Market.
“Because Bitcoin is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin itself is secure, but bitcoins are only as secure as the wallet storing them. Investing in bitcoin is no joke, and securing your investment should be your top priority.”
People are getting creative and being very funny, please do not try to wear these mask or use it in any way other than entertainment, use N95 if you can, if not just wash your hand and never touch your face eye ear nose and mouth that is how the virus covid19 get you.
Short answer: another crash, it will loose whatever it gained last week, because this has been the trend for both stock market and even Bitcoin cryptocurrencies, up and down, super volatile. Will probably continue to drop for the remainder of the week or gain back a little, but for sure will never able to pick up again until way after the coronavirus pandemic is over.
Short answer is yes. According to Reuters “Dubai braces for financial hit as coronavirus batters vital tourism” This is no surprise not only the Coronavirus but also the oil price dropping like a rock and there are prediction that it could go negative.
Based one of Reuters article indicated ““We expect difficult times to last for months, probably the whole of 2020,” a manager at one of Dubai’s most renowned hotels told Reuters on condition his establishment not be identified.”
Don’t worry if your cars safety inspection and emission is due to expired during the Covid-19 Coronavirus because the department in charge is extending it. Check your region department of motorist vehicle to find out. For example in USA Pennsylvania https://www.penndot.gov/pages/coronavirus.aspx
The short answer is yes and it is through the IRS website, https://sa.www4.irs.gov/irfof-wmsp/ go here https://www.irs.gov/coronavirus/economic-impact-payments click on my payment and follow the direction.
However as of now, there are a lot of people trying to access that site which will cause delay and sometime just timed out, it’s like being DDOS attack. Telephone system might be the same or if that’s even possible.
Do not be surprise that this IRS tool for people to check their status isn’t working, and apparently it’s not working. People flooding to the site to check only to find the message “Payment Status Not Available
According to information that we have on file, we cannot determine your eligibility for a payment at this time.For more information on the eligibility rules, see our Frequently Asked Questions page.” Despite this message there are people saying that they’ve received the money in their account via bank deposit.