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Trading Lessons

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

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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