Category: Bitcoin
The analysis published under this category are as follows.
Friday, November 24, 2017
Cryptocurrencies Happy Thanksgivine Blast Through A Quarter Trillion Dollar Market Cap / Currencies / Bitcoin
By: Jeff_Berwick
For some reason, most people are only thankful for a few days every year. Why they aren’t thankful and grateful for everything they have every day is anyone’s guess.
But, today is the day that most people celebrate a government mandated holiday based on mostly lies about how Europeans committed genocide on the North American continent.
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Monday, November 20, 2017
Bitcoin Price Blasts Through $8,000… In Zimbabwe Tops $13,500 As Mugabe Regime Crumbles / Currencies / Bitcoin
By: Jeff_Berwick
Bitcoin has just blasted to another new all-time high of $8,055!
But, that is the US dollar price.
Bitcoin often trades at higher prices in relation to other currencies, but none so much lately as the Zimbabwean “New Zim dollar.”
Friday, November 17, 2017
Bitcoin Invalidates Breakdown / Currencies / Bitcoin
By: Mike_McAra
Square, a payment company, is playing around with Bitcoin. In an article on CNBC, we read:
Jack Dorsey's company is testing support for bitcoin through its Cash payments app.
"We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash app customers," a Square spokesperson said via email to CNBC. "We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here."
Wednesday, November 15, 2017
Bitcoin Rebounded Strongly From 5427 / Currencies / Bitcoin
By: Franco_Shao
BTCUSD rebounded strongly from the bottom support trend line of the price channel on the daily chart after a sharp drop from 7887, suggesting that the bitcoin price remains in the uptrend from 1812. As long as the channel support holds, the fall from 7887 could be treated as consolidation of the uptrend and further rise could be expected after the consolidation.
Wednesday, November 15, 2017
The Battle And Future Of Bitcoin In Jeopardy / Currencies / Bitcoin
By: Jeff_Berwick
I went on We Are Change recently to talk about the future of bitcoin with Luke Rudkowski.
There is so much going on in the cryptocurrency space. One of the biggest things being talked about is the highjacking of Blockstream and Bitcoin Core by globalist influence.
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Wednesday, November 15, 2017
5 Ways Bitcoin can Improve its Odds of Becoming the Future of Money / Currencies / Bitcoin
By: Boris_Dzhingarov
In 2013, Forbes' Kashmir Hill tried to live on Bitcoin for a full week and it was a rough experience. She couldn't pay her rent, she was practically living on BTC-bought Sushi, and she had to walk or bike to most places. Now, living on Bitcoin for a week will be a significantly improved experience because many merchants both online and offline now display the "Bitcoin Accepted Here' sign. In fact, CNBC has a video documentary showing an entertaining attempt to live on Bitcoin on 2017
Monday, November 13, 2017
The Bitcoin Bubble Explained in 4 Charts / Currencies / Bitcoin
By: John_Mauldin
BY JAKE WEBER : Cryptocurrencies have surely been the best-performing asset class of 2017.
The crown jewel of the crypto world Bitcoin has run up over 604% year to date. But that pales in comparison to Ethereum’s 3,562% gain this year.
Naturally, these sorts of monstrous returns in such a short period of time spark heated debate. In fact, many financial pundits and crypto advocates have scrambled to argue whether Bitcoin is a bubble or not.
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Saturday, November 11, 2017
Bitcoin War Begins – Bitcoin Cash Rises 50% While Bitcoin Drops $1,000 In 24 Hours / Currencies / Bitcoin
By: Jeff_Berwick
Don’t be fooled… there is a war going on for bitcoin.
I posited to TDV subscribers months ago that factions of Bitcoin Core and Blockstream are a globalist attempt at taking over or destroying bitcoin. Or at the very least, an attempt to profit from it being slow and expensive.
How else can you make sense of a group that thinks it is totally fine for bitcoin to have transaction fees in the hundreds of dollars. In fact, they prefer it to be expensive!
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Friday, November 10, 2017
BTCUSD Remains In Uptrend From 5020 / Currencies / Bitcoin
By: Franco_Shao
BTCUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 5020. As long as the price is in the channel, the pullback from 7887 could be treated as consolidation of the uptrend, and another rise could be expected after the consolidation.
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Thursday, November 09, 2017
Bitcoin Nearly Hits $8,000 and Cryptos Skyrocket After Segwit2X Fork Is Called Off / Currencies / Bitcoin
By: Jeff_Berwick
There was a lot of speculation about what would happen to bitcoin after the planned Segwit2x fork on November 16th.
Well, we got to find out a week early as news came out today that the Segwit2x fork has been called off.
The suspension was announced today in an email written by Mike Belshe, CEO and co-founder of bitcoin wallet software provider BitGo. One of the leaders of the Segwit2x project, he argued that the scaling proposal is too controversial to move forward, saying,
Read full article... Read full article..."Unfortunately, it is clear that we have not built sufficient consensus for a clean block size upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x."
Wednesday, November 08, 2017
So You’re a Bitcoin Millionaire! Now Where Do You Invest? / Currencies / Bitcoin
By: GoldSilver
If you’ve made a profit from bitcoin and other cryptos, congratulations! You’re obviously a smart investor who spotted a trend early on and was able to profit. Hats off to you.
But now it’s time to take some profits… right? If you were smart enough to buy in early, you’re smart enough to know that it’s not a profit until you take it. And that asset prices don’t rise forever, no matter how revolutionary the technology.
Yes, some cryptos will gain widespread acceptance and use, but most won’t. Yes, the technology is here to stay, but that doesn’t mean prices will rise indefinitely. Yes, it’s a whole new industry that will continue to grow and evolve, but that doesn’t mean you’ll make a killing forever.
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Tuesday, November 07, 2017
Bitcoin Blockchain Hypocrisy Most Foul... / Currencies / Bitcoin
By: The_Gold_Report
Precious metals expert Michael Ballanger examines why gold and silver have been stagnant while bitcoin and blockchains have taken off. As you all know by now, I have absolutely zero knowledge of anything related to the "blockchain" technology, which translates into "I don't own Bitcoin and would not touch HIVE Blockchain Technologies Ltd. (HIVE:TSX.V; PRELF:OTC) with a barge pole." That also means that I am constantly being reminded, primarily by those considerably younger than me, that geriatric anchoring is costing me (and my readers) a great deal of money by avoiding the space which, as you can see from the chart below, has been absolutely true.
Sunday, November 05, 2017
Using Hard Wallets To Secure Your Bitcoin & Cryptos / Currencies / Bitcoin
By: Jeff_Berwick
Joseph Wang of Cryptohwwallet.com and I had a chance to have a great interview while the two of us were at the Texas Bitcoin Conference in Austin.
After losing around 6 bitcoins in Joseph’s early experience, he decided to take a closer look at hardware - cold storage wallets. From there, he got involved with selling them.
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Saturday, November 04, 2017
Bitcoin Blasts Through $7,000… Are We Glitching The Matrix? / Currencies / Bitcoin
By: Jeff_Berwick
As a cryptocurrency HODLer, these are good times.
I take a flight, arrive, and my bitcoin holdings have soared. I go to sleep, wake up, bitcoin is up.
As I write, from here in Lisbon, Portugal, for Steemfest bitcoin is over $7,300.
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Thursday, November 02, 2017
Do Fundamentals Drive Bitcoin? Are You Kidding Me? / Currencies / Bitcoin
By: Avi_Gilburt
Is Bitcoin worth over $6600? Well, that is the price traders are bidding for it when this article was written.
Every MBA student is taught many means of evaluating or valuing securities. Discounted cash-flow and Capital Asset Pricing Models are a couple of valuation methods. Moreover, fundamental oriented stock traders tend to use ratios like Price to Sales, Price to Earnings or Price to Book to value stocks.
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Tuesday, October 31, 2017
Bitcoin and Cryptocurrencies Rocket To New All-Time Highs as Peter Thiel Warns Not To Underestimate Bitcoin / Currencies / Bitcoin
By: Jeff_Berwick
Cryptocurrencies as a sector surpassed their all-time high hitting a high of $180.6 billion.
Friday, October 27, 2017
Bitcoin Might Test All-time High / Currencies / Bitcoin
By: Mike_McAra
Is Bitcoin in bubble territory? Certainly, the price pattern this year looks like an exponential one, at least locally, but there are also opposing views. In an article on CNBC, we read:
[William] Bernstein is a neurologist who began writing about investing in the 1990s, soon becoming a best-selling author and drawing the admiration of legends such as Vanguard's Jack Bogle for his clear and rational analysis. He is best known for books such as "The Intelligent Asset Allocator" and "The Four Pillars of Investing" that show independent investors how to manage their money for the long term. He is currently retired as a doctor, but co-principal at Efficient Frontier Advisors, a money management firm for the very wealthy.
Friday, October 27, 2017
Apple Legend Steve Wozniak Says Bitcoin Is Better Than The Phony US Dollar / Currencies / Bitcoin
By: Jeff_Berwick
We’ve had a seemingly never-ending parade of crony capitalists, bankers, and politicians calling bitcoin everything from a “fraud” to “Enron” to “junk.”
Yesterday, though, a big name came out on the side of bitcoin. Steve Wozniak, co-founder of Apple.
Notice that while people like JP Morgan’s Jamie Demon and Mastercard CEO, Ajay Banga, have never actually created any real wealth in their lives, Wozniak played a very crucial role in the development of personal computers which has led to the internet… which led to bitcoin… which has created massive amounts of wealth and freedom for the world.
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Monday, October 23, 2017
Why Bitcoin can pullback from $6100 – $6800? / Currencies / Bitcoin
By: ElliottWave-Forecast
Bitcoin continue it’s outstanding performance as it managed to breach the $6000 barrier this weekend, it currently up 200% from 07/16 low and with a total of 500% for this year. The rally from $1830 low is represented by 3 swings subdivided into 5 waves rally then 3 waves pullback followed by another 5 waves.
This type of move can be either labeled as 3 waves Zigzag Structure which can end around equal legs area $6100 – $6800 or it can be part of a 5 waves move which means BTCUSD still needs to extend further toward $8000 as the most powerful 3rd wave move usually reach the 1.618 Fibonacci extension level.
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Sunday, October 22, 2017
Bitcoin Hits $6,000, $100 Billion Market Cap As Helicopter Ben and Jamie Demon Warn The End Is Near! / Currencies / Bitcoin
By: Jeff_Berwick
Bitcoin rose more than 6% today to surpass, for the first time ever, the $6,000 US mark.
More interestingly, bitcoin just surpassed $100 billion in total market capitalization. Or, as Coindesk puts it, $0.1 trillion.
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