Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24
US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Bitcoin Price Returns To All-Time Highs As Cryptocurrencies Explode Higher

Currencies / Bitcoin Mar 14, 2017 - 10:40 AM GMT

By: Jeff_Berwick

Currencies

In the wake of the Winklevoss ETF being shot down by the SEC, bitcoin’s price took a major dive of nearly $300, briefly going below $1,000 last Friday.

Now, just a few days later, the price has nearly made a full recovery shooting past $1240 and surpassing, once again, the spot price of gold.


Bitcoin has been declared dead by the mainstream media fake news over 80 times in the last few years. The criminal entity known as the Chinese government has tried to shutter bitcoin exchanges and even got many exchanges to freeze their bitcoin last month. And, last week, the SEC disapproved a bitcoin ETF because bitcoin isn’t “regulated”.

And, in the wake of all this, bitcoin is back up near all-time highs yet again! You can’t stop a good idea!

Despite bitcoin being as wonderful as it is, there are many people who still have no idea that the cryptocurrency space is as massive and vibrant as it is. For everything that bitcoin can’t currently do, there are other cryptos trying to fill those gaps.

And, they are all flying right now. The revolution has begun and it cannot be stopped.

Cryptocurrencies are the “tech stocks” of the late 1990s. Just as I said they would be.

One cryptocurrency that I recommended to subscribers only 4 weeks ago is Dash.

We originally recommended it to our newsletter subscribers (click here to subscribe) at $17.15 on February 14th and it has skyrocketed to $77.33 as of the time of this writing! That’s an over 350% increase in just 4 weeks!

If you want to learn more about Dash, I interviewed Amanda B. Johnson of DASH: Detailed, who explained all the reasons why Dash could be the next bitcoin.

Amanda was also a speaker at our Anarchapulco/Cryptopulco conferences late last month where we also held the TDV Internationalization & Investment Summit.

Many of the speakers gave great insights into cryptocurrencies at the Summit and in the next 48 hours (approximately) we’ll be releasing those videos for you to view. You can find out more and get a discount by purchasing them now before they are released.

Some people still cling to the idea that bitcoin is some sort of “scam”. No one who has honestly looked into bitcoin could possibly think such a thing. The only people who think it is some sort of scam are haters who feel like they missed the boat.

Those people should stop hating and learn about cryptocurrencies before they rocket even higher in the coming years. In many ways, it is still the beginning.

Don’t be like the great economist (sarcasm), Paul Krugman, of the New York Times fake news organization who, in the late 1990s said, “By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.”

Never get your financial and economic information from fake news like the New York Times or Paul Krugman.

Do your own research and stick with us here at TDV where we have been covering bitcoin since $3 in 2011.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2017 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in