35% Bitcoin Price Drop to $9,100 is Historically Natural, Don’t Worry – Analyst
Bitcoin and the aggregated crypto markets have been incurring significant volatility as of late that has made it increasingly unclear as to which direction BTC is heading and has even made it difficult to know whether bulls or bears are in control.
Although Bitcoin’s recent drop to $9,100 certainly signaled that the crypto’s bears have significant strength, the subsequent price surge past $10,000 signals that bulls are still in control, and one analyst believes that the recent pullback is both natural and necessary for the uptrend to continue.
Bitcoin Climbs Towards $10,400 as Bulls Step Up
At the time of writing, Bitcoin is trading down slightly at its current price of $10,370, which is down slightly from its daily highs of roughly $10,700.
Although its price has dropped from its daily highs, it is important to note that it is trading up significantly from its weekly lows of $9,100 that were set earlier this week.
The positive reaction to the recent dip into the four-figure price region signals that buyers are still in control, and that there is a significant amount of buying support that exists below $10,000.
While looking at Bitcoin’s near-term price action, analysts are noting that the cryptocurrency might be forming an inverse head and shoulders pattern, which could mean that BTC will drop slightly before surging up towards $13,000.
“$BTC Since the H&S worked so well on the down side then maybe the inverse H&S will work just as well on the upside where a measured move from the head to neck line would take #bitcoin up to the established resistance line…note the formation of the right shoulder tests $10K again,” Chonis Trading, a popular crypto analyst, noted in a recent tweet.
BTC’s Latest Pullback Could Be Entirely Natural
Although the recent pullback marked the end of the recently incurred bull market in the mind of many investors, one prominent analyst is now explaining that 30-40% pullbacks during the course of an uptrend are entirely natural.
CryptoThies, another popular analyst on Twitter, spoke about this in a recent tweet, explaining that it is part of a “rinsing/repeating” pattern that has been seen several times throughout Bitcoin’s history.
“$BTC Bull run in 2015-2017 included run-ups, typically followed by a retrace to touch the top of the prior high. These drops ranged from 31-40%, before rinsing/repeating onward. Looks very similar to what we are seeing now,” he explained.
Whether or not this pattern is a natural one or one that spells trouble for BTC will likely grow increasingly clear in the coming days as weeks as the cryptocurrency continues to struggle to hold above $10,000.
Bitcoin Price Analysis – Bitcoin Stands on its Feet by Gaining Almost 3.5%
Bitcoin has shown five huge price swings in the last one month.
The next resistance point is likely to be 10,000 USD.
After being hit by a steep push to the ground, Bitcoin has been partly successful in getting on its feet again. It lost almost 14% overnight yesterday, but over the last 24 hours, it has added almost 3.5% to its price. As per the experts’ views, the coin is likely to have a bullish ride till the end of this year. The price target for 2019 should be 15,000 USD. Let us look at the current details now.
Statistics-BTC Price S
Bitcoin (BTC) 18th July 02:30 UTC
Rank 1st
ROI (Return on Investment) 7,119.85%
Coin Circulation 17,823,575 BTC
Market Cap 174,167,969,639 USD
Value in USD 9,793.00 USD
All-Time High 20,089 USD
24h Volume 24,064,315,046 USD
BTC to USD Price Comparison-Over the last 30 days, BTC has shown five major price variations. The first variation was a hike of 54.19% and the coin gained 4850 USD between 18th June and 26th June. This hike was followed by a steep fall of 28.96% between 26th June and 02nd July. This fall cost the coin 3999 USD. And over the next one day and 16 hours, the coin again gained 22.41%. The next variation happened over five days from 05th June. This hike added 20.68% to the coin. It was followed by a steep fall of 29.48% between 10th June and 17th June. This fall cost the coin 3853 USD. The Market Cap on 18th June was 162,798,824,411 USD, and the value of each coin was 8951.39 USD. The current market cap and the value of each coin are respectively 6.98% and 9.40% more than the figures for the last month.
Bitcoin Price Prediction-
Bitcoin is likely to have a bullish run until the end of 2019. The coin may reach 15,000 USD by the end of 2019. The next resistance points are 10050.24 USD, 10406.68 USD, and 10850.24 USD. The support levels are 9250.24 USD, 8806.68 USD, and 8450.24 USD. Bitcoin is likely to have a good time in the coming days.
Salvation is what you need if you realize that you have sinned.
Written by Hope on 11/01/2015
Series: Weekly Devotional
Tags: Salvation
“The wages of sin is death, but the free gift of God is eternal life through Christ Jesus our Lord.” Romans 6:23
Look at the people around you: the people in your home, at your job and on television. Every single one of them is a sinner. Everyone has sinned against God. The Bible says it like this: “No-one is righteous — not even one” (Romans 3:10). So what can you do when you realize you have sinned?
God Promised Salvation
As humans, we are naturally sinful. We turn away from God, choosing sin rather than living the life God wants for us. But from the very beginning, God had a plan to save us. The plan is called Salvation. The Prophet Isaiah wrote in God’s Word about the Savior. “I will make You a light to the Gentiles, and You will bring My salvation to the ends of the earth” (Isaiah 49:6).
This promise was fulfilled in Jesus Christ. God sent Jesus (His Son) in the form of a human. Jesus lived a sinless life and taught people how to live in God’s ways. He became the payment for our sins when He sacrificed his life and died on the cross. However, the power of death could not stop Jesus, so He rose from the dead. When we believe in Jesus, He promises forgiveness for sin and eternal life. Learn how to receive God’s forgiveness and salvation by clicking here.
Salvation is for Everyone
No matter how terrible your life seems, God can help you. When you accept God’s Salvation through Jesus Christ, God can remake your life so you will live a life God is pleased with. You no longer have to be a slave to sin and death! God’s Word tells you to “Let God transform you into a new person by changing the way you think. Then you will learn to know God’s will for you, which is good and pleasing and perfect” (Romans 12:2).
Salvation Is Eternal Life
In a prayer, Jesus described the way to eternal life: “to know You, the only true God, and Jesus Christ, the One You sent to earth” (John 17:3). If you know the Lord and have accepted Jesus Christ, you have been guaranteed God’s love for all eternity in Heaven. When we live our life with faith in God, His eternal rewards are tremendous. Remember, “without faith it is impossible to please God, because anyone who comes to him must believe that he exists and that he rewards those who earnestly seek him” (Hebrews 11:6).
Pray this week:
to thank God for saving you and giving you eternal life.
Have you accepted God's free gift of salvation? Do you want to talk about it with anyone?
Alexa has broken through to 27,400, 20,600 Membership subscriptions have risen past 12,000 15,500, 1/3rd of our projected funding ($100,000) has been reached!
We have built a social and market network on the blockchain. Over 20 years of developing, 4 years in beta, now we are listed on an exchange and ready to come out of beta with nearly 10,000 members, an Alexa ranking of 30,020 over 50,000 followers on our social networks.
Markethive coin has increased in value from 1 penny $.01 to a dime $.10 to $.20 in a short amount of time. The crypto Bull Market has returned and will continue to grow in magnitude for the rest of the year.
By summers end the growth of the industry should be staggering. Two well know protagonist billionaires agree, Tim Draper and Tom Lee. https://markethive.com/group/marketingdept/blog/bitcoin-price-will-hit-4-million
This is one of the indications it is time to launch Markethive. After nearly a year with the new engineering firm and new engineers on the team, the platform is now stable and the next two months will be focused on bringing on many new upgrades, enhancements and new services.
Buy $1,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .12 share of an ILP.
Buy $2,500 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .35 share of an ILP.
Buy $5,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .8 share of an ILP.
Buy $10,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive 2 shares of an ILP (one ILP and one shadow ILP). A rotator: Plus earn an equal share of new ILP purchases in our official crowd funding launch of Markethive this summer (proposed)
Additional bonus: Existing ILP owners will also receive equal shares in the rotator Crowd Funding Launch and if you purchase an additional ILP via this offer we will double an equal amount of shares (not shadow shares) you currently hold. ie: [If you currently hold 3 ILP shares, and purchase 2 ($20,000) new ILP accounts “receiving 2 x 2 ILPS = 4” 2 of your 3 existing ILPs will also be doubled. Giving you a new total of 9 ILPs.] 3 + 1 now equals 9!
This offer ends when 30 ILP shares have been acquired. Several members have already taken us up on this.
Again if you do not know: What in heck is a Markethive ILP?
The following budget is what determined my decision to do one more private crowd funding before we launch our official Blockchain Crowd Funding and the Markethive Awareness campaign.
We need to raise the money to launch a huge ICO (like) public crowd funding campaign (AWARENESS CAMPAIGN) and need to raise $300k or more to make it a huge campaign. 60% of this money goes to launching our crowd funding campaign in June of this year. 40% goes to Markethive enhancements to prepare for the onslaught of new membership. We need to finish our Markethive.io site. It needs to be replicated. Our front page of Markethive is also getting a new face lift. And Markethive.net will be retrofitted as an ICO rating system
An online form to sign up for this offer is found at the bottom of this article or by tapping this link ILP SIGNUP
Phase One ($20,000):
We will need to publish large Press Release campaigns to the following Crypto News Sites
BITCOINIST.COM Sponsored Article + Social Network $1,950 Alexa: 41,709
SUB TOTAL $75,000.00 Secondary package
ICO Launch and Rating Sites ($16,000):
We will need to register and publish to the portfolio of ICO benches and ICO revue sites. They all charge fees to do it “right”.
COINGECKO.COM Banner Ad program $3500 per month Alexa: 6,595
ICOBENCH Consultation, Mass Press Release and Listing $5000 Alexa: 38,516
FINDICO.IO ONE MONTH PREMIUM: 3ETH Alexa: 1,172,488
ICOTOP.IO ICO Rating Agency Free to Add your ICO Alexa: 2,270,743
THETOKENER.COM Full Ad package $2220 Alexa: 2,279,375
SUB TOTAL $16,000.00
Advertising Channel for Email distribution, Social Networks Broadcasting, Banner advertising
BUYSELLADS.COM Crypto Bundle to 16 high ranked domains, social networks and email distribution runs $17,000 Alexa: 60,163
Required Development before Launch ($52,000)
Final Leg Project Priorities
1. New Root Domain front page to qualify us for a banner account – $4200
2. Floating video on home page. Replaces video in Upgrade Level page. Videos 1:Tutorials | 2:Entrepreneur | 3:Social Account Setup with associated links to the designated pages, sections or groups. – $840
3. The “NewsFeed” GROUP whereas members of the group posting to the group distributes the post to all Markethive members Newsfeeds from that member, not the group. Whereas pinning a post makes that post default on all new accounts made thereafter until Unpinned. https://markethive.com/group/default_newsfeed
NewsFeed Upgrade: New signup notification on all newsfeeds. Notification alerts to a new signup, their name and link to the Profile Page, ability to friend request and send a tip and (who signed them up?) $1400
4. NewsFeed repair: Anyone who is a friend should see your Newsfeed posts on their Newsfeed, This is broken and inconsistent. Mostly with new members. When a post is deleted by the author or Group admin, it should be deleted for all. I can show you where this is not working. $560
5. When a friends Group is posted to, it should not appear on my News Feed unless I am a member of that group. Right now that is broken and appears on my NewsFeed $560
6. NewsFeed Upgrade: We need a search and filter. Search allows searching keywords, members, date range, group posts, and GEO. Filter determines what default displays. Same ranges. $3500
7. Blocking a member. Hides all newsfeed posts from being viewed both ways, removes the blocked member from the group and deletes all posts in owners groups, removes all comments from owners blogs and hides all blog comments from member to owner and owner to member. Prevents blocked member from commenting on a blog, but allows viewing, and subscribing, but not SWIPING. $2800
8. Gateway: Payment Methods “Bitpay”, “AuthNet”, “Paypal”, “Amazon”, “Apple Pay”. All, payment processing is used for Entrepreneur monthly and yearly subscriptions and purchase of Markethive Ad Credits. Ad Credits can be used to purchase Markethive Coin to be used to purchase Advertising Services, such as News Feed Ad boosts, Banners, sponsored articles, Press Releases, Markethive Social Account broadcasts. $4200
9. Entrepreneur “Upgrade Level” redesigned $350
10. Picwic Tracking Broken: IT BUDGET $350
a. Capture Pages
b. Capture Widgets
c. WP Plugins
d. Profile Page
e. Rotator
f. Mini Url
11. Leads Control Panel broken IT Budget $140
a. Empty folders disappear.
12. Autoresponder issues IT BUDGET $140
a. Drag and drop reorganizing is broken
13. Markethive.io (Crowd Funding Promo Site)
a. Secure Certificate
b. New ICO like template
c. Finish Markethive IO videos
14. API coin transfer (First wallet) – IT BUDGET $32,500
15. Remove Paypal, designate verified when the phone number has been verified. Replace the image with a new Image – IT BUDGET $70
16. Super Groups
a. Press Release Group. Customer built as a super group for just Press Release publishing and payment to publish standard, advanced and master levels. IT BUDGET $10,000
b. Sponsored Articles Super Group payment options for published to front page, distributed to social networks, distributed to WP blogs IT BUDGET $10,000
c. Curation function in all groups to add 3rd party RSS feeds and a deliver keyword(s) filter IT BUDGET $10,000
17. Automated Tutorial System IT Budget $5000
Proposed budget for IT upgrades is $90,000
Total proposed cash required ($193,000)
is a conservative estimate and we also want a treasure chest for additional development unforeseen at the moment.
Summary:
As Bitcoin Surges, so will the Markethive Coin and subscriptions and paid services. Our timing could not be better. We survived the Crypto Winter and it is now time to go to the moon.
Markethive is this hybrid symbiotic phenomenon. Unique, exponentially powerful and will be a major driving force in unbelievable revenue generation as well as widespread respected service.
A Case study: Let’s look at the Media Content suppliers for the Crypto media. They have very big traffic and they publish banners, press releases, sponsored articles, ICO analysis all for fees and many make over a $million a year. The tools they use are not unlike the tools we deliver to you in Markethive. That being said, it is not difficult to grasp the fact many Markethive members can build a similar success with our system like we are building for you @ http://aboutbitco.in/
Keep in mind, we have not promoted it nor finished it, but it will be no different than a WordPress portal you could build using the same tools found in Markethive
Markethive is a market network and these tools are equally commanded by each individual which means any member at Markethive could produce similar traffic and revenue because of Markethive but not by Markethive. It is the entire vision to empower our members to achieve great heights.
McCarthy said that he likes Bitcoin because of the blockchain's security.
Unlike Bitcoin, he doesn't like Facebook's Libra and fears that it may control the market in the future.
In a recent interview with CNBC, Kevin McCarthy, the Republican House Minority Leader said:
"I like bitcoin … The real thing I like when it comes to bitcoin is I like blockchain because I like the security. I want the government to start using blockchain,"
Though Bitcoin and Libra are cryptocurrencies that use blockchain technology, the difference is that a sovereign currency does not back Bitcoin. On the other hand, Libra is a stablecoin backed by an assortment of government-backed currencies. McCarthy is concerned about their apparent lack of decentralization:
"When I'm on Facebook, I'm not the customer, I'm the product. Facebook is free because they sell your data to make money. Now they want to get into the business, and they're not Bitcoin, in this Libra. They're not decentralized."
McCarthy said that he was looking to determine whether Facebook has considered its 'potential anti-competitive behavior':
"I want to see decentralization because Libra concerns me that they're going to control the market."
Fellow Republican Pat Toomey, on the other hand, is willing to have a more open mind about Libra. He told CNBC:
"I don't want to presume in advance that we've got to prevent the development of some new innovation..I am very curious about what the ultimate business motive is for Facebook here."
A second [commandment] is equally important: ‘Love your neighbor as yourself.’
Matthew 22:39
When Jesus quoted Leviticus 19:18, He was not teaching us to love ourselves. In stating that we already love ourselves, He was using the quality of that already-present love for ourselves to teach us how to love others. One who really loves is fully-invested in the loved one's best interests. Here are three ways that attitude towards self is supposed to be altered when God gives us a new heart (Psalm 51:10) with His love poured out (Romans 5:5) in it.
1. Practice repentance: Guilt brings shame and hopelessness.
The whole time God is working through the things which happen to you to conform you to Christ's image (Romans 8:28-29), the world is also trying to force you to conform to its own. (Romans 12:2) One of the ways this is done is through subtle reasoning meant to make you arrogantly ignore God and your obligation to obey Him. (2 Corinthians 10:5) Two equally harmful reactions to guilt feelings are often advised by the wisdom of this world. We can excuse them by labeling them "false guilt", or we can blame others (parents, teachers, or other authorities) for them. But the Bible warns us, “The human heart is the most deceitful of all things, and desperately wicked. Who really knows how bad it is?" (Jeremiah 17:9) Guilt feelings are usually due to real guilt. Our new nature still wars with an old one, (Galatians 5:17) and we still sin. Obeying God, (and loving ourselves His way), means confessing and agreeing with Him about our sin. (1 John 1:7-9)
2. Practice humility: We do not want to be judged by our actions.
An unhealthy self-image tends to bounce back and forth between the hopelessness of guilt and the pride of accomplishment. Spiritually speaking, you are in one of two categories. If you are "in Adam," you are destined to be judged by your works—and will perish. If you are in Christ, you are credited with His perfection—and destined for eternal life. (1 Corinthians 15:22; 2 Corinthians 5:21) Embracing God's plan to conform you to His image (Romans 8:28-29again) means making God's will, (Christ's exaltation, not yours), the point of your life. (Matt. 5:16; Luke 22:42; Philippians 2:5-9)
3. Accept Assurance: We have value to God!
Look to Jesus to find your identity. To keep from bouncing back and forth from pride to shame, center on God Himself. He wants all people everywhere to turn away from sin and a selfish life, (Acts 17:30), and find security in Jesus' statement on the cross: "it is finished!" (John 19:30) Your sin has been paid for. Christ's sinless record can be credited to you.
Esteem means value. Value of self, apart from what God says about us or wants for us, is idolatry. On the other hand, God's investment in you is total. He has invested His image in you. (Genesis 1:27) He has invested His life's blood in you. (Acts 20:28) He is not ashamed to call you His children, brothers and sisters to Christ. (Hebrews 2:11-13, 1 John 3:1) Will His investment in you bring a return?
Pray this week:
Father, I confess I have gone my own way like a straying sheep. I have no confidence in my own work but only in what Jesus has done for me. Show me His way, and help me to follow it, I pray in Jesus’ name, Amen.
Bitcoin price plunges following Senate hearing into Facebook’s Libra cryptocurrency
The price of bitcoin plummeted Tuesday after a Senate hearing that questioned a Facebook Inc. executive on Libra, the company’s proposed cryptocurrency.
Bitcoin fell 12% today to a 24-hour low of $9,266.56 as of 10:45 p.m EDT before recovering slightly, to $9,402.28, an hour later. The decline means bitcoin hit its lowest level in a month, extending a bear market that saw bitcoin start to plunge following news of a crackdown on bitcoin mining in China over the weekend.
Bitcoin itself isn’t directly related to Facebook’s Libra, but it’s the attitude held by those in power and the potential to impose new laws that has spooked cryptocurrency markets.
David Marcus, the head of Calibra, the Facebook-owned division that plans to provide Libra services, testified before the Senate Banking Committee that the cryptocurrency would be regulated in Switzerland, but he did not find a receptive audience. Despite Marcus clearly stating that Libra would comply with all U.S. regulations and that Calibra itself would be regulated by the U.S. Department of Treasury’s Financial Crimes Enforcement Network, the senators on the committee were skeptical.
Democratic Senator Sherrod Brown led the anti-Facebook push, saying that “like a toddler who has gotten his hands on a book of matches, Facebook has burned down the house over and over, and called every arson a learning experience.” He added, “We would be crazy to give them a chance to experiment with people’s bank accounts, and to use powerful tools they don’t understand, like monetary policy, to jeopardize hardworking Americans’ ability to provide for their families.”
The disdain for Facebook and Libra was bipartisan, with Republican Senator Martha McSally saying that “I don’t trust you guys” and “instead of cleaning up your house you are launching into a new business model.”
The reaction to Libra from Washington D.C. has been negative from the day it was announced. Both sides of politics criticized it June 18, with President Trump joining the pile-on July 11. Pre-judging Marcus’ testimony, Democratic Congress members started circulating a proposed law July 15. The “Keep Big Tech Out of Finance Act” would ban large tech companies from providing financial services, including digital currencies.
The negative reaction to Libra has led to fears that a crackdown by lawmakers on Libra could involve a legal crackdown on all cryptocurrencies, bitcoin included. “The Libra announcement has heightened the need for policymakers and regulators to establish clear rules of the road,” Banking Committee Chairman Mike Crapo told CNN.
I answered, 'Why should someone like me have to run and hide in the temple to save my life? I won’t go!'
Nehemiah 6:11
Nehemiah was a leader who did not let pressure, apathy, ridicule or opposition stop him. He knew what to do and how to do it. Most of all, he knew his identity: a chosen and beloved servant of the most High God.
Here are three ways God can give you the same identity:
1. God makes sure you can relate to sinners
Sometimes new believers are surprised to find that their old nature is not gone. You’ll always need God’s grace. Without Christ as your center, you can do nothing. (John 15:1-5) Colossians 2:6 says "As you have put your trust in Christ Jesus the Lord to save you from the punishment of sin, now let Him lead you in every step." If you have nothing you did not receive, (1 Corinthians 4:7), and nothing to hide, (Proverbs 28:13) judgmentalism and hypocrisy make no sense.
2. God means for you to make His mission your own
Hebrews 2:10 says that God "…chose to bring many children into glory.” In chapter 12, we are told how to follow Him: "…by keeping our eyes on Jesus, the champion who initiates and perfects our faith. Because of the joy awaiting him, he endured the cross…" (Hebrews 12:2) For Jesus, the joy was anticipating you with Him in glory! Soon, heaven will be your home! But while we’re still on earth, will you be “fishers of men” (Matthew 4:19) to those who have never heard His name?
3. God gives you a new nature
Last week's devotion described turning away from a selfish life. Once you put all your hope in Jesus, many great things happen to you: Christ comes into your life, (Revelation 3:20), you become God’s child, (John 1:12) and receive the Holy Spirit, (Romans 8:15). All your sins are forgiven, (Colossians 1:14)and you have the gift of eternal life! (1 John 5:11) You go from being a child of wrath (Ephesians 2:3) to a worker alongside God Himself! (1 Corinthians 3:9) God even approves you to represent Him to the world: "So we are Christ’s ambassadors; God is making his appeal through us. We speak for Christ when we plead, 'Come back to God!'" (2 Corinthians 5:20) Like Nehemiah, you are a servant of the Most High God! https://www.fgcoetzee.blogspot.com
Pray this week:
Father, teach me what it means to represent you to the world.
What does it mean to live your life in a way that is fitting for the gospel? (Philippians 1:27)
Bitcoin and major altcoins have recovered from the recent lows.
The upside momentum has faded away on the approach to critical resistance levels.
The cryptocurrency market is recovering after a sharp sell-off registered during the weekend. Bitcoin (BTC) and all major altcoins are gaining ground, though the critical resistance levels have yet to be broken.
The total capitalization of all digital assets in circulation jumped to $291 billion from $272 billion this time on Monday. The total trading volume is registered at $71 billion, while Bitcoin's market share increased to 66.6%, the highest since April 2017.
Top-4 coins price overview
Bitcoin (BTC/USD) is hovering around $10,800 after a short-lived dip below $10,000 during early Asian hours on Monday. The first digital coin has gained over 7% in recent 24 hours and stayed unchanged since the beginning of the day as the recovery momentum has faded away on approach to the critical resistance level of $11,000.
Ethereum, the second largest digital asset with the current market capitalization of $24.6 billion, is also in recovery mode. ETH has grown by 5% in recent 24 hours and settled above $230.00 on Tuesday, moving away from the recent low of $202.80. However, on short-term timeframes, the coin is moving within a bearish trend as an upside momentum is fading.
Ripple's XRP has gained 3.4% since this time on Monday to trade at $0.3166 by the time of writing. The third largest digital asset with the current market capitalization of $13.4 billion settled above $0.31 handle, though the recovery is capped by $0.3200.
Litecoin (LTC/USD), now the fourth largest digital asset in the global cryptocurrency rating, is losing ground on Tuesday. While staying in a green zone on a day-to-day basis, LTC/USD has lost about 1.5% in Asia. At the time of writing, LTC/USD is changing hands at $88.90, off the intraday high of $91.79 hit during early Asian hours.
As we learn in the book of Hebrews, Jesus offers us better hope, better promises and more.
Written by GodLife on 20/08/2018
Series: Weekly Devotional
Tags: Bible, Jesus, Better, Hebrews
Though we speak in this way, yet in your case, beloved, we feel sure of better things—things that belong to salvation.
Hebrews 6:9
What was the point of Jesus coming to our sinful world? And how did He accomplish everything we needed in order to be reconciled to God?
We get answers to these questions in the book of Hebrews. And it starts in Hebrews 6:9 — “Though we speak in this way, yet in your case, beloved, we feel sure of better things—things that belong to salvation.”
What are these better things, though?
Better hope – “For the law made nothing perfect; but on the other hand, a better hope is introduced, through which we draw near to God.” (Hebrews 7:19)
Jesus is first introduced as a better hope in Hebrews 7:19. He is compared to the law, which ‘made nothing perfect,’ but he, the better hope, is the way in which we can draw near to God. His priesthood, as opposed to the priests of the Old Testament, gives us the ability to be made perfect, through His death and resurrection (not by our own works).
Better covenant – “This makes Jesus the guarantor of a better covenant.” (Hebrews 7:22)
The first covenant, which came with the law, could not be perfectly upheld, because the priests and followers were themselves not perfect. But Jesus can save the ‘uttermost’ (Hebrews 7:25) because of His perfection and sacrificial death and resurrection. The covenant that included the law was good but ultimately impossible to uphold, but the new covenant (1 Corinthians 11:25) is perfect because God Himself (Jesus) fulfills every requirement.
Better promises – “But as it is, Christ has obtained a ministry that is as much more excellent than the old as the covenant he mediates is better, since it is enacted on better promises.” (Hebrews 8:6)
We are also told in Hebrews that this new, better covenant was ‘enacted on better promises.’ What does this mean? Jeremiah 31:31-34 and Ezekiel 37:26-28 both show that within the Old Testament was the expectation of another covenant. This new covenant promised that He would “write his law on their hearts” (Jeremiah 31:33), all His people would know Him and He would no longer remember their sins against them (Jeremiah 31:34), it would be “everlasting” (Ezekiel 37:26), and He would live among His people (Ezekiel 37:26-28).
Better sacrifice – “For then he would have had to suffer repeatedly since the foundation of the world. But as it is, he has appeared once for all at the end of the ages to put away sin by the sacrifice of himself.” (Hebrews 9:26)
Jesus died after living a perfect life, which allows His death to stand once and for all as a saving sacrifice. Before, in the old covenant, there was a requirement for spotless animals to be sacrificed over and over again, with no end in sight. But Jesus’ perfect sacrifice allows us to rest in His finished work.
Better possession – “For you had compassion on those in prison, and you joyfully accepted the plundering of your property, since you knew that you yourselves had a better possession and an abiding one.” (Hebrews 10:34)
Our possession — which is eternal life through Jesus Christ’s sacrifice and resurrection — is infinitely more valuable than any possessions we could have on Earth. In this verse, the writer of Hebrews is saying that nothing in this world is worth giving up the possession we have of eternal life in Jesus. The writer calls it ‘lasting.’
Better country – "But as it is, they desire a better country, that is, a heavenly one. Therefore God is not ashamed to be called their God, for he has prepared for them a city." (Hebrews 11:16)
Does this mean that Jesus gives us a great country here on Earth? No! We receive a heavenly country in the future. Jesus offers us a perfect community — though the church is not perfect here on Earth — in heaven to look forward to.
Better resurrection – “Women received back their dead by resurrection. Some were tortured, refusing to accept release, so that they might rise again to a better life.” (Hebrews 11:35)
This whole chapter is really God’s definition of faith (Hebrews 11:1, 6). It reads like the evidence log of God’s courtroom, into which He has entered men and women who trusted Him enough to overcome the world by their faith (1 John 5:4). Several of them seemed to supernaturally know details that would only be revealed in the New Testament. In the case of the martyrs this chapter mentions, it seems God has revealed the message of 1 Corinthians 3:11-15 to them: they looked forward to work that would survive the fire of testing.
Jesus is the ‘something better’ that we are all looking for. If you want to learn more about Jesus, including the miracles He performed, the prophecies He fulfilled and more, visit our sister site: somethingbetter.us.
Pray this week:
Lord, show me how to trust you to be the perfect sacrifice for me. Thank you so much that you have done what I could not — follow the law perfectly — and then be sentenced to death for my sins. I praise you for your resurrection, Jesus, and for how your work on the cross and in the grave has saved me from destruction. I love you, Lord. In Jesus’ name, amen.
Do you act as if you can earn your salvation outside of the work Jesus did on your behalf? What does Hebrews tell you that goes against that thought?
Over the last 30 days, BTC has shown five major price variations. The first variation was a hike of 54.19% and the coin gained 4850 USD between 18th June and 26th June. This hike was followed by a steep fall of 28.96% between 26th June and 02nd July. This fall cost the coin 3999 USD. And over the next one day and 16 hours, the coin again gained 22.41%. The next variation happened over five days from 05th June. This hike added 20.68% to the coin. It was followed by a steep fall of 29.48% between 10th June and 17th June. This fall cost the coin 3853 USD. The Market Cap on 18th June was 162,798,824,411 USD, and the value of each coin was 8951.39 USD. The current market cap and the value of each coin are respectively 6.98% and 9.40% more than the figures for the last month.
Pay Attention
