Bitcoin Is Another Reversal on the Cards?

Bitcoin – Is Another Reversal on the Cards?

It’s slow and steady through the early hours, with Bitcoin needing to make a move to avoid a reversal later in the day…

Bitcoin fell by 2.53% on Tuesday, partially reversing a 4.41% gain on Monday, to end the day at $3,654.3.

An early morning intraday high $3,780.9 saw Bitcoin come up short of $3,800 levels and the day’s first major resistance level at $3,839.13, leading to a reversal through the day alongside the broader market.

Bitcoin fell to a late afternoon intraday low $3,623.1 to come within range of the first major support level at $3,619.73 before steadying, a return to $3,500 levels avoided on the day.

For the broader cryptomarket, it was red across the board through the day, with Ethereum amongst the biggest losers, falling by 6.5% to $120 to raise the prospects of a return to sub-$100 levels should markets not settle in the coming days.

Focus going into Wednesday had been on an Ethereum fork to which the recent cryptomarket volatility and slide in Ethereum had been attributed.

News of vulnerabilities being discovered in the Ethereum upgrade that could ultimately leave Ethereum exposed to a hack and theft weighed on sentiment. This was not the first time that the Ethereum network has experienced a hiccup. The DAO hack was the largest Ethereum attack and left developers with little choice but to create a whole new coin, Ethereum Classic.

Following the Bitcoin Cash debacle and increased volatility ahead of the Ethereum fork, news of an issue in the upgrade ultimately led to the late afternoon sell-off on Tuesday, with Bitcoin, Ethereum and the broader market only finding support following an announced delay to the planned Ethereum fork.

For the Bitcoin bulls, the good news will be that Monday’s rebound was less of a dead cat bounce, though for Bitcoin to avoid another sell-off, not only is a move back through to $3,800 levels needed going into the weekend, but the Ethereum team of developers will also need to restore some confidence .

At the time of writing, Bitcoin was up 0.49% to $3,672.3, with moves through the early morning seeing Tuesday’s late recovery continue into the early hours.

A move from a start of a day morning low $3,642.4 to a morning high $3,685.2 left the day’s major support and resistance levels untested, with Bitcoin continuing to face stern resistance on any attempted moves through to $3,800 levels.

For the day ahead, a move through the morning high $3,685.2 would support a run at $3,700 levels to bring the first major resistance level at $3,749.1 into play before any pullback. It’s been 5 consecutive days in which Bitcoin has stalled on a run at $3,800 levels, Monday’s high $3,999.4 as close as it’s got, following last Thursday’s sell-off. Investors will likely show some caution should Bitcoin fail to make up lost ground, range bound moves tending to end in tears for the cryptomarket.

Failure to move back through the morning high $3,685.2 could ultimately see Bitcoin slide back through the morning low $3,642.4 to bring sub-$3,600 levels and the first major support level at $3,591.3 into play.

 

Heavier losses could be on the cards should the broader market be deep in the red, with any hint of a possible fall to $3,400 levels likely to lead to some Bitcoin panic through the 2nd half of the week.

 

Bob Mason

37 minutes ago (Jan 16, 2019 5:10 AM G

Bitcoin – Is Another Reversal on the Cards?

Alan Zibluk Markethive Founding Member

Why a Child of God Should Not Worry

Worrying is a choice we make

Written by Gary Schneider on 07/08/2018
Series: Weekly Devotional
Tags: Obedience, Worry
When you pass through the waters, I will be with you; and through the rivers, they shall not overwhelm you; when you walk through fire you shall not be burned, and the flame shall not consume you.

Isaiah 43:2
For some of us, worrying is part of our everyday life. However, God’s Word is very clear about us worrying, In Isaiah 43:2, it says: 

“When you pass through the waters, I will be with you; and through the rivers, they shall not overwhelm you; when you walk through fire you shall not be burned, and the flame shall not consume you.”

Did you know that worry is optional?
Yes, worrying is a choice we make. Here are three ways we can deal with worry in our lives: 

We can worry
We can ignore the stress, or
We can relax and trust God
 In Psalm 116:7, David reminded himself of God’s promises: “I said to myself, Return, O my soul, to your rest; for the Lord has dealt bountifully with you.” Like David, some days we need to say this to ourselves (out-loud) many times over. 

You can’t worry and trust God at the same time.  It’s impossible.
That’s not just good spiritual wisdom from the Lord; it applies to your health as well.  The Bible says in Proverbs 14:30 that a heart at peace is a healthy heart.  “A tranquil heart gives life to the flesh, but envy makes the bones rot.”

It’s not just what you eat that destroys your health—it’s what eats you.  You can have the best health plan around- eat fresh, healthy food in proper portions- but if you’re resentful against someone in your life or worry about the future, your health will suffer.

We deal with all sorts of worry in our lives.  Most of them are in these 5 areas:

We’ll be left alone
We won’t know what to do in the future
We won’t have what we need in the future
We’ll be hurt by something or someone in the future
We won’t have the strength to survive in the future
But there’s good news:  You don’t have to worry.  Worry is optional misery.  We have many things that impact our health that we cannot control, but we can control the amount we worry!

God has more than 7,000 promises in the Bible that are remedies to the 5 things mentioned above.  Here are a few of them that I encourage you to memorize so that you can speak these (out loud) to yourself, just as David did:

“Trust in the Lord with all your heart,and do not lean on your own understanding.  In all your ways acknowledge him, and he will make straight your paths.”  (Proverbs 3:5-6)

“For I am sure that neither death nor life, nor angels nor rulers, nor things present nor things to come, nor powers, nor height nor depth, nor anything else in all creation, will be able to separate us from the love of God in Christ Jesus our Lord.”  (Romans 8:38-39)

“Come to me, all who labor and are heavy laden, and I will give you rest. Take my yoke upon you, and learn from me, for I am gentle and lowly in heart, and you will find rest for your souls.”  (Matthew 11:28-29)

If you have a relationship with God through Jesus Christ, you know the One who created your future.  His promises about your future give life. Ultimately, we have no need to worry.  The One who holds our future will walk with us through it.

Pray this week:
Lord, I lift up all my worries up to you.  Please grant me your peace and wisdom so that I can be obedient in your Word. Amen. 

In what area of your life are you struggling to trust God, causing unneeded worry? What promise from God will you claim to help you trust Him more and worry less?

Alan Zibluk Markethive Founding Member

Bitcoin BTC Could Bottom At 1700

Bitcoin (BTC) Could Bottom At $1,700

Bitcoin (BTC) Could Bottom At $1,700

Murad Mahmudov, a Princeton graduate with dreams of launching his own crypto-centric hedge fund, has quickly become a leading Bitcoin (BTC) analyst, posting an array of in-depth, respectable bits of technical, historical, and fundamental analysis that have resonated with investors.

On Sunday, the industry insider took to Twitter to issue his latest analysis thread.

View image on TwitterMahmudov first drew attention to Bitcoin’s historical price action, drawing lines between the bear market of 2014/2015, specifically the “Baby Capitulation and Final Capitulation” events, and today’s market. Long story short, through a mashup of historical and technical analysis, BTC could fall to as low as $1,700-$2,200 by Spring 2019. So, in closing, the analyst wrote:

If the above dynamics are correct and history does indeed rhyme – which is a big if — We can expect a 1700-2200 bottom in the Spring (most likely April).

This recent quip comes just weeks after Mahmudov took to Tone Vays’ Youtube channel to talk cryptocurrencies. In the podcast-esque environment, the Princeton graduate drew attention to this $1,700 price forecast, explaining it from more of a fundamental level. As reported by us previously, he explained that a number of altcoins, like Ethereum (ETH), EOS, XRP, along with an array small-cap assets, are still drastically overvalued, especially considering their often misconstrued and sometimes non-existent value propositions.

Moon Overlord, a respected crypto trader, echoed Mahmudov’s thoughts. The pseudonymous commentator explained there’s a fleeting chance that Bitcoin has another “substantial draw-down” ahead of itself, also citing historical data. As the harrowing, yet also optimistic adage goes, “history does not repeat itself, but it rhymes.” So, if previous trends prove to be an accurate indicator, the flagship cryptocurrency could fall to as low as $1,700 before another “knock your socks off” rally.

In the same vein of “rhyme, not repeat” thought, other analysts have been more optimistic. Chris Burniske, a partner at Placeholder Ventures, recently claimed that if the crypto market truly moves in multi-year cycles, 2019 will be the year of crypto projects shipping product, echoing sentiment touted by Fred Wilson.

Another analyst, going by Filb Filb, once explained that BTC could surpass $333,000 by 2022, drawing parabolic lines in a somewhat nebulous sense.

Crypto Analyst Expects “New Bull Cycle” In Mid To Late-2019

In related news, another investor, who goes by the online moniker “GalaxyBTC (Galaxy),” claimed that the crypto market is currently entering an accumulation phase, meaning that lower lows are possible but somewhat unlikely. He/She noted that 2014/2015’s bear season lasted for 420 days. So, if history is any indicator, BTC could be nearing the end of its downturn, and will subsequently enter a “new bull cycle” in mid to late-2019.

Per previous reports from Ethereum World News, Delphi Digital, an independent market research consortium, also recently claimed that Bitcoin is currently entering a bout of accumulation.

The analysis completed by Delphi routed through The Next Web’s Hard Fork segment claims that there’s actually been an uptick in Unspent Transaction Outputs (UTXOs), indicating that investors are accumulating Bitcoin en bloc — which could potentially account for the increase in active accounts.

The independent research group noted that “older owners have exhausted much of their selling efforts,” drawing attention to UTXO data they compiled. Delphi’s team went on to write that this all indicates that a round of accumulation, purportedly similar to one seen at the end of 2014 (the previous drastic bear market), is occurring. Or in other words, a bottom could be in sight. However, considering the aforementioned calls, BTC may have quite further to fall in a relatively short period of time.

 

Alan Zibluk Markethive Founding Member

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Fully Facing Our Fears

Learn how to face your fears and live in peace

Written by June Hunt on 01/05/2018

Series: Weekly Devotional

Tags: FaithFearGodTrust


Fear not, for I am with you; be not dismayed, for I am your God; I will strengthen you, I will help you, I will uphold you with my righteous right hand.

Isaiah 41:10

If I am walking down a path, and spot a rattlesnake at my feet, I should feel fear. But, reacting rashly could cause me to be bitten. If a bee were to land on me, I must not react to it to avoid being stung. The bee sting and the snakebite are defense mechanisms designed for their own self-protection.

Fear is a God-given response to danger. Sometimes it’s clear where the fear is from, but other times, it is hidden—causing a deeper emotional impact. God created us to react to fear in a protective way with a fight, flight, or freeze response. While fear is a natural, God-given emotion, fearfulness is not. Fearfulness causes us to live as prisoners, in constant worry over a threat that may or may not exist. We can live in a state of fearfulness when we feel threatened—either physically or emotionally—in these three areas: love, significance, and security.

Your love from others feels in danger.

Do you ever fear losing someone important in your life? Maybe you’ve thought, “If I lose the dearest person in my life, I won’t know what to do or how I can go on living.” You might fear losing relationships if your performance, talents, or abilities are not “good enough.” Or maybe it’s about declining physical attractiveness, fearing that if you start looking older or put on weight, you will lose the affection of others. The solution to the fear of losing love is to know that the Lord loves you beyond measure.  “As high as the heavens are above the earth, so great is his love for those who fear him…” (Psalm 103:11).

Your significance feels in danger.

Do you find yourself fearing that you might lose your sense of identity? Perhaps you’ve thought, “If I lose my job, I’ll lose all I’ve worked to achieve.” You fear losing a sense of fulfillment, thinking that you are a failure if you don’t reach your goals. Or you’re concerned about your reputation, fearing that others will lose respect for you if they get to know the real you. The solution to overcoming the fear of losing significance is to understand your value to God. He chose to save you and has planned a future for you. …   “‘For I know the plans I have for you,’ declares the LORD, ‘plans for welfare and not for evil, to give you a future and a hope’” (Jeremiah 29:11).  

Your security feels in danger.

Do you worry about financial security? Perhaps you’ve thought, “If I don’t do well on this project, I might lose my job. Then I won’t be able to support myself or my family.” Maybe you fear losing your home and having nowhere to live, no means for survival. Or perhaps you have fear about your declining physical health; maybe you constantly worry about getting sick or dying. The solution is in knowing that true and lasting security is found in a personal relationship with the Lord. …  “In God I trust; I shall not be afraid. What can man do to me?” (Psalm 56:11).  

God can help when we experience fear and danger. Turn to God and take this verse to heart … “When I am afraid, I put my trust in you” (Psalm 56:3).


Pray this week:

Dear God, I thank You that You are my Shepherd. You guide me … You protect me … and You give me Your peace. You are the One who restores my soul. You know my weaknesses and the times I’ve caved in to fear. Now, in my weakness, I choose to rely on Your strength. By Your power, move me from fear to faith. As I turn my fear over to You, use it for good in my life to remind me of my need for You. In Jesus’ name, Amen.
 


What in your life is currently causing you to fear? What would it look like to trust God and move in faith in your situation? 

Alan Zibluk Markethive Founding Member

Bitcoin CRYPTO:BTC Market Capitalization Hits 6252 Billion

Bitcoin (CRYPTO:BTC) Market Capitalization Hits $62.52 Billion

Bitcoin (CRYPTO:BTC) Market Capitalization Hits $62.52 Billion

Bitcoin (CURRENCY:BTC) traded down 2.5% against the dollar during the 1-day period ending at 23:00 PM E.T. on December 22nd. One Bitcoin coin can now be bought for approximately $3,576.61 on exchanges including xBTCe, OKEx, ABCC and IDAX. Over the last seven days, Bitcoin has traded down 12.1% against the dollar. Bitcoin has a total market capitalization of $62.52 billion and approximately $4.79 billion worth of Bitcoin was traded on exchanges in the last 24 hours.

 

BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on January 3rd, 2009. Bitcoin’s total supply is 17,480,612 coins. The official website for Bitcoin is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The official message board for Bitcoin is bitcointalk.org. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here.

 

According to CryptoCompare, “Balances – block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography. Transactions – private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The signature also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and usually begin to be confirmed by the network in the following 10 minutes, through a process called mining. Processing – mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends.”

 

Alan Zibluk Markethive Founding Member

No atheist ever could show prove of what they are assuming or believing

No atheist ever could show prove of what they are assuming or believing. And to assume is like you don't know and that is very bad cause some atheist are educated. Which scares me.

 

Pseudo-science anticipated (1 Timothy 6:20). The theory of evolution contradicts the observable evidence. The Bible warned us in advance that there would be those who would profess: “profane and idle babblings and contradictions of what is falsely called knowledge (science).” True science agrees with the Creator’s Word.

 

Human conscience understood (Romans 2:14-15). The Bible reveals that God has impressed His moral law onto every human heart. Con means with and science means knowledge. We know it is wrong to murder, lie, steal, etc. Only the Bible explains that each human has a God-given knowledge of right and wrong.

 

Love explained (Matthew 22:37-40; 1 John 4:7-12). Evolution cannot explain love. Yet, God’s Word reveals that the very purpose of our existence is to know and love God and our fellow man. God is love, and we were created in His image to reflect His love.

 

The cause of suffering revealed (Genesis 3; Isaiah 24:5-6). The earth is subject to misery, which appears at odds with our wonderfully designed universe. However, the Bible, not evolution, explains the origin of suffering. When mankind rebelled against God, the curse resulted – introducing affliction, pain and death into the world.

 

The Bible is inspired by the Creator. Therefore it is no surprise that life’s ultimate questions are answered within its pages. The Bible reveals the purpose of our existence. Scripture alone explains where our conscience came from. And no other source explains the root cause of death. Seeing that all die, wouldn’t it be wise to search for the remedy in the only book that proves it was inspired by God? The Bible offers the only remedy for sin, suffering, and death. God’s Word presents the only perfect, sinless Savior – one who died for our sins and rose from the dead. Jesus is the Creator (John 1; Colossians 1). He said “I and My Father are one” (John 10:30). He said, “I am the way, the truth, and the life. No one comes to the Father except through Me” (John 14:6). And He promises His followers: “I give them eternal life, and they shall never perish” (John 10:28). Your eternal destiny will be determined by your choice. There is only one provision for sin. Jesus died in your place. Only by faith in Christ’s finished work will you be saved. This is God’s free gift offered to all. Please do not let pride, religion, opinions, or love for sin separate you from God. No sin is worth an eternity in hell. Please heed Jesus’ words – “Repent, and believe in the gospel” (Mark 1:15). If you do, you will live in heaven with our awesome Creator forever!

 

Alan Zibluk Markethive Founding Member

Tim Draper Paid 18 Million For His First Bitcoin Batch What’s it Worth Now?

Tim Draper Paid $18 Million For His First Bitcoin Batch, What's it Worth Now?

Tim Draper Paid $18 Million For His First Bitcoin Batch, What’s it Worth Now?

If someone was to ask about fervent crypto investors, who would come to mind? For most Bitcoin enthusiasts and investors, Mike Novogratz, the Winklevoss Twins, and Tim Draper would be the first mentioned. And for good reason too, as the aforementioned four have invested copious amounts of time, money, and mental capacity into the nascent blockchain world.

Tim Draper, often clad in a grey suit, white dress shirt, and purple Bitcoin logo-studded tie, recently divulged his hero origin story, if you will, taking to Coindesk.

Tim Draper — A Fervent Crypto Bull

To celebrate Bitcoin’s tenth birthday, Tim Draper, the world-renowned American venture capitalist and forward-thinker, wrote an op-ed piece for a recent Coindesk feature series. Draper, whose investor son also believes cryptocurrencies are also tantalizing, noted that it was fifteen years ago when he saw value in digital currencies

However, a viable digital medium of value didn’t appear in Draper’s scope until 2011, when Peter Vincennes, chief executive at Coinlab, met with the investor to introduce him to Bitcoin. Vincennes and Draper hit it off near immediately, with the latter asking for the former to purchase $250,000 worth of BTC on Mt. Gox.

Draper was satisfied with his investment, keeping the coins on the now-defunct exchange in a likely state of naivety. But of course, Mt. Gox collapsed, with Draper losing his thousands of BTC, which he never really got his digital hands on, as it were.

Yet, later, Draper was given an opportunity to purchase cryptocurrency again, when the U.S. Marshall’s office auctioned nearly 30,000 BTC. The entranced venture capitalist, still reeling from the Mt. Gox collapse, decided to attend the auction, purchasing 29,656 coins at $632 apiece — $14 above the going rate on spot exchanges. In all, he spent $18.74 million on Bitcoin.

And since that day, he’s been overly optimistic about cryptocurrency and related technologies. This shouldn’t be much of a surprise, especially considering his beefy vested interest. Regardless, many have seen his perpetual, seemingly undying support of this asset class as a positive sign.

Even during 2017’s market run-up, which sent Bitcoin to $20,000, he didn’t sell his stack for fiat. And while many common Joes chirp at Draper for this, claiming that he’s an irresponsible investor, the venture capitalist is doing just fine financially.
 

Draper’s Bitcoin Outlook

At current rates, Draper would be left unscathed if he liquidated his Bitcoin stash, as he would still be able to secure $107 million if sufficient liquidity/demand is present. However, Draper, seemingly not willing to sell his BTC, sees even higher highs for this industry in the future.

The zealot, now emotionally involved in this industry, noted that there’s still “great potential” in Bitcoin. He noted that not only could BTC become a global, decentralized, frictionless store of value and digital cash, but blockchain could get implemented in some of society’s most important facets. Summarizing his points into a short and sweet quip, he wrote, “[blockchain] is honest, incorruptible, secure, and fair.”
 

NICK CHONG | JANUARY 13, 2019 | 12:00 AM

Alan Zibluk Markethive Founding Member

The Unforgivable Sin

Matthew 12:31-32 – The Unforgivable Sin
By Jeremy Myers 
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Most Christians have wondered at some point in their life if they have committed the unforgivable sin. I have personally talked with Christians who were divorced, got an abortion, or committed adultery, and thought they had committed the unforgivable sin. Others think that suicide is the unforgivable sin. If a person commits suicide, then they are going to hell. Then I have talked with some who believe that the unforgivable sin is rejecting God. They believe that if you are a Christian and you go back to living like you aren’t a Christian, or if you curse Jesus, or deny that you ever knew Him, then this is the unforgivable sin.

Unforgivable SinI recently wrote a book about the unforgivable sin, which you can get on Amazon. It is titled, Why you have not committed the Unforgivable Sin.

You can read a short summary of the book here and learn about the unpardonable sin. Below is an the text of a sermon I preached on Matthew 12:31-32, which is where Jesus warns about the unforgivable sin.

All Christians can Commit All Sins
But did you know that there are people in the Bible who have committed one or all of these sins whom we all expect to see in heaven? Let me show you.

Take divorce first. Did you know that God is a divorced person? We read in Jeremiah 3:8 that God divorced Israel. Yet we certainly all expect to see God in heaven.

What about abortion? They didn’t really have abortion back then the way we do now, but if you believe, as I do, that abortion is taking the life of another human being, then we can call abortion the murder of babies. Abortion is a form of infanticide. Yet we know from Ezekiel 16:21 that many of the Israelites did this as a form of idol worship. They offered their children to false idols as human sacrifices. While not all Israelites had eternal life, some of those who did this will still be in heaven.

Then there is adultery. David, the man after God’s own heart committed adultery with Bathsheba (2 Sam. 11:4), as did many of the other kings and rulers of Israel. Paul sometimes writes about adultery among church members who will make it to heaven, but will lose their inheritance and reward there. Suicide is talked about too. Samson (Jdg. 16:29-30) committed suicide, and we believe he will be in heaven. King Saul also committed suicide (1 Sam. 31:4-5); 1 Chr. 10:4-5), and he will be in heaven as well. The most famous example of someone who rejected and denied Christ is Peter. He even used profanity and curses in denying any connection to Jesus Christ. Yet we know that he was forgiven and will be in heaven.

In fact, there are a whole host of other sins mentioned in the Bible that true believers have committed, yet we know from other Scriptures that these people will still be in heaven. The Bible talks about believers who commit idolatry (1 King 11:1-10). We read of others who believe only for a while and then fall away (Luke 8:13). We read of some who do not continue in the Word of Christ (John 8:31), do not abide in Christ (John 15:1-8), become disqualified in the race of the Christian life (1 Cor 9:24-27), resist God’s correction up to the point of physical death (1 Cor 11:30-32).

Others stray from the faith (1 Tim 1:5-6), shipwreck their faith (1 Tim 1:18-20), fall away from the faith (1 Tim 4:1-3), deny the faith (1 Tim 5:8), cast off initial faith to follow Satan (1 Tim. 5:12-15), stray from the faith by loving money (1 Tim. 6:9-10), stray from the faith by teaching false doctrine (1 Tim. 6:20-21), and deny Christ and live faithless lives (2 Tim 2:11-13).

We have the examples of people in the Bible who murdered and committed adultery, and yet were said to be saved (Jacob’s sons). Other men, like Solomon, Amaziah and Uzziah will most likely be in heaven, but did not live very faithfully to God during their lives. Some of them committed adultery, had multiple wives, committed murder, and fell into idolatry.

Then there is the righteous man who commits unrighteousness and dies as a result of it in Ezekiel 18, and the man in 1 Corinthians 5 who was involved in an incestuous relationship with his mother in law. Lot who committed incest with his daughters. Ananais and Sapphira in Acts 5 and so many other examples in Scripture of genuine believers who fell away.

The point of all of this is to show that the grace of God runs deeper and wider than most of us will ever know.

The ocean of God’s grace never runs dry. The limits of God’s grace never are reached.

But what about when someone commits the unforgivable sin?

unforgivable sin

Is There A Sin God Does not Forgive?
We have all encountered the troubling passage in Matthew 12:31-32 which indicates that there is a sin which the grace of God does not cover.

Matthew 12:31-32 is often pointed to as proof that we can lose our salvation. The sin mentioned in this passage is often referred to as the unpardonable sin or unforgivable sin. It is said that if you commit this sin, then no matter how good of a Christian you have been up to that point and no matter how much you repent or confess afterward, you will not make it to heaven.

Let us take a closer look at Matthew 12:31-32 to see what it really says. Let’s begin with Matthew 12:31.

Matthew 12:31. Therefore I say to you, every sin and blasphemy will be forgiven men, but the blasphemy against the Spirit will not be forgiven men.

We learn in Matthew 12:31 that every sin will be forgiven, except one – the blasphemy against the Spirit.

Let’s look first at this concept that every sin and blasphemy will be forgiven men. We know what sin is. It is when we do something contrary to God’s character or will. When God tells us what He wants us to do, and we don’t do it, we sin. James puts it this way, “Anyone who knows the good he ought to do, and doesn’t do it, sins.”

Blasphemy is similar. The most basic definition of blasphemy is to speak evil or injuriously about God. So blasphemy is a sin of the tongue. A sin that uses words and thoughts rather than actions. So right away, all of this sins listed above that involve actions are not what Jesus is talking about. In fact, the only sin mentioned above that involves actions and thoughts is the sin of denying Christ and speaking against Him. So blasphemy against Christ is to speak evil or injuriously about Him. But jump ahead to Matthew 12:32. Look what Jesus says there. He says that speaking against the Son of Man will be forgiven.

So all of the possible sins we began with are now seen to be forgivable. Divorce, adultery, abortion, suicide all fall under the category of “every sin” and these are all forgiven. If you have committed any of these sins, you are forgiven! Jesus said it! All sins will be forgiven!

But what about blasphemies? Blasphemies will also be forgiven, even those spoken against Jesus Christ. If you have spoken a word against Jesus Christ, this too is forgiven. You have been forgiven.

It is only the blasphemy against the Holy Spirit that will not be forgiven.

But what does this mean?

What is Blasphemy Against the Holy Spirit?
What is the blasphemy against the Holy Spirit? Matthew 12:32 helps us answer this question.

Matthew 12:32. Anyone who speaks a word against the Son of Man, it will be forgiven him; but whoever speaks against the Holy Spirit, it will not be forgiven him, either in this age or in the age to come.

The sin that will not ever be forgiven is not speaking against Jesus Christ, but speaking against the Holy Spirit.

But what is this sin, and how is it committed?

Have you Committed the Unforgivable Sin?
So, how do you know if you have committed the unforgivable sin?

First, if you have believed in Jesus Christ for eternal life, then you have eternal life (John 3:16; 5:24; 6:47) and it is no longer possible for you to blaspheme the Holy Spirit in this way.

Since you have believed in Jesus for eternal life, the Holy Spirit has stopped working upon you as He does with non-Christians, and is now indwelling within you to mold you, shape you, and form you into Christlikeness. Yes, you can still sin against the Holy Spirit by quenching or grieving the Holy Spirit, but you cannot blaspheme the Spirit in the way Jesus talks about in Matthew 12:31-32.

So if you are a believer, don’t worry about committing the unforgivable sin. The chance to commit it is forever in your past.

If, however, you are not a Christian, and are worrying about whether you have committed this sin, be encouraged. Nobody who commits the blasphemy against the Spirit wonders if they have.

People who have committed the unforgivable sin do not care that they have committed it. They do not even wonder if they have. They simply don’t care about such things anymore because the Holy Spirit has stopped convicting them of sin.

The unbeliever who commits this sin has become so morally and spiritually blind that their heart is hardened to the point that they no longer care about spiritual things and will never believe in Jesus.

So if you are worrying about whether or not you have committed this sin, be encouraged … for caring about whether or not you commit it is clear evidence you have not!

If you still worry about the unforgivable sin, then make sure you will never be able to commit it. How? Believe in Jesus for eternal life (John 3:16; 5:24; 6:47). The Holy Spirit is drawing you to Jesus, and He wants you to believe in Jesus. If you believe in Jesus, then the Spirit regenerates, indwells, baptizes, and seals you, and you can never commit the unforgivable sin. Ever. Why not? Because this sin can only be committed by those who are not yet believers and upon whom the Spirit is working to draw them to Jesus. Once they are “in the family” the work of the Spirit changes from drawing you to Jesus to conforming you into the image of Jesus. And no matter what, He will never stop doing this. Never.

Yes, you might have committed some terrible sin. You might have said something you really regret. But guess what? Whatever sin you may have committed, whatever words you may have said, you are still being convicted by it, which is good. This means the Holy Spirit is at work in your life to point this out to you. God has not abandoned you to your sin. So simply confess this sin, and abandon yourself to the love of God.

God’s grace covers over all your sin, past, present, and future.

God wants all men to be saved, and through the Holy Spirit, He draws all men to Jesus Christ. The light shines in their lives and grace calls them to Jesus.

If a person wants forgiveness and desires the love of God, God will never turn such a person away. Not ever.

The person who has committed the unforgivable sin does not want forgiveness, does not desire the love of God, and does not even have a thought for God in their lives. People who blaspheme the Holy Spirit have so hardened their hearts that they do not realize the condition they are in, nor do they care. They are not crying out to God for light or help or salvation. They just live their lives without a thought for God or a care in the world for spiritual matters. The Holy Spirit has ceased to work on their hearts and they are completely given over to the darkness of their hearts and the spiritual blindness of their eyes.

Blasphemy against the Holy Spirit is a serious sin that only unbelievers can commit, and even then, only when they have resisted the Holy Spirit for many years and have come to the point that they so completely reject what He is trying to do in their life, that they openly and verbally denounce Him and Jesus Christ and the feelings of sin and guilt in their own lives as the work of Satan in their lives.

Unforgivable SinI am not sure if we can ever know if a person has committed the unforgivable sin or not in their lives, but one thing we can know – if we have believed in Jesus for eternal life, we have already responded positively to the Holy Spirit’s work in our life, and so the opportunity to commit the unforgivable sin is past.

The unforgivable sin is not a sin a Christian can commit.

At the same time, if an unbeliever fears they have committed this sin, then they clearly have not, because someone who has committed the unforgivable sin would have such a hard heart that such thoughts would not even enter their mind.

If you’re afraid you’ve committed the unpardonable sin, stop worrying. Jesus is not a liar!

If you believe in Him for eternal life, then you’ve got it. It’s that simple. He guarantees it.

Alan Zibluk Markethive Founding Member

Bitcoin: After this breakdown 3k is in sight again

Bitcoin: After this breakdown, $3k is in sight again

Bitcoin: After this breakdown, $3k is in sight again

  • Bitcoin breaks key levels again after breaching $4k.

  • Long term bottom is not in place yet.

Bitcoin, the poster boy of cryptocurrencies, has broken down of some key levels after breaking below $4,000 and is now at the risk of breaching $3,000 too as long term bottom is not yet in place for the largest crypto.

BTC/USD trading flat on day at $3,633 and in less than one percent range for the day – typical low volume and even lower volatility weekend trading that is. Earlier this week, Bitcoin and all the other major coins saw massive sell-off all over again, resulting in BTC breaking $4,000 again and as a result also broke some key levels on the short term (180-minute) as well as long term (daily) chart.

On the 180-minute chart, BTC broke off a key ascending trendline support that was forming after it made a temporary bottom around $3,100 and bounced quite a bit. In this bounce it did attempt to break past the descending trendline resistance on the daily chart – once in late Novemeber, then again around Christmas and last attempt on Tuesday this week. Failing all the time and finally bears got control of the battleground. There is every chance that bulls' resolve to hold on to November lows and $3,000 would be ferociously tested in the coming days.

BTC/USD 180-minute chart:

BTC/USD daily chart:

Manoj B Rawal

FXStreet

 

Alan Zibluk Markethive Founding Member