Best of the Week
Most Popular
1. US Housing Market House Prices Bull Market Trend Current State - Nadeem_Walayat
2.Gold and Silver End of Week Technical, CoT and Fundamental Status - Gary_Tanashian
3.Stock Market Dow Trend Forecast - April Update - Nadeem_Walayat
4.When Will the Stock Market’s Rally Stop? - Troy_Bombardia
5.Russia and China Intend to Drain the West of Its Gold - MoneyMetals
6.BAIDU (BIDU) - Top 10 Artificial Intelligence Stocks Investing To Profit from AI Mega-trend - Nadeem_Walayat
7.Stop Feeding the Chinese Empire - ‘Belt and Road’ Trojan Horse - Richard_Mills
8.Stock Market US China Trade War Panic! Trend Forecast May 2019 Update - Nadeem_Walayat
9.US China Trade Impasse Threatens US Lithium, Rare Earth Imports - Richard_Mills
10.How to Invest in AI Stocks to Profit from the Machine Intelligence Mega-trend - Nadeem_Walayat
Last 7 days
S&P 500 Stuck at 2,900, Still No Clear Direction - 17th June 19
Is Boris set to be the next Conservation leader? - 17th June 19
Clock’s Ticking on Your Chance to Profit from the Yield Curve Inversion - 17th June 19
Stock Market Rally Faltering? - 17th June 19
Johnson Vs Gove Tory Leadership Contest Grudge Match Betfair Betting - 17th June 19
Nasdaq Stock Index Prediction System Is Telling Us A Very Different Story - 17th June 19
King Dollar Rides Higher Creating Pressures On Foreign Economies - 17th June 19
Land Rover Discovery Sport Tailgate Not Working Problems Fix (70) - 17th June 19
Stock Market Outlook: is the S&P today just like 2007 or 2016? - 17th June 19
US China War - Thucydides Trap and gold - 16th June 19
Gold Stocks Bull Upleg Mounting - 16th June 19
Gold Price Seasonal Trend Analysis - Video - 16th June 19
Fethiye Market Fruit, Veg, Spices and Turkish Delight Tourist Shopping - 16th June 19
US Dollar Gold Trend Analysis - 15th June 19
Gold Stocks “Launch” is in Line With Fundamentals - 15th June 19
The Rise of Silver and Major Economic Decline - 15th June 19
Fire Insurance Claims: What Are the Things a Fire Claim Adjuster Does? - 15th June 19
How To Find A Trustworthy Casino? - 15th June 19
Boris Johnson Vs Michael Gove Tory Leadership Grudge Match - Video - 14th June 19
Gold and Silver, Precious Metals: T-Minus 3 Seconds To Liftoff! - 14th June 19
Silver Investing Trend Analysis - Video - 14th June 19
The American Dream Is Alive and Well - in China - 14th June 19
Keeping the Online Gaming Industry in Line - 14th June 19
How Acquisitions Affect Global Stocks - 14th June 19
Please Don’t Buy the Dip in Nvidia or Other Chip Stocks - 14th June 19
A Big Thing in Investor Education is Explainer Videos - 14th June 19
IRAN - The Next American War - 13th June 19
Boris Johnson Vs Michael Gove Tory Leadership Grudge Match Contest - 13th June 19
Top Best VPN Services You Can Choose For Your iPhone - 13th June 19
Tory Leadership Contest Betting Markets Forecast - Betfair - 13th June 19
US Stock Market Setting Up A Pennant Formation - 13th June 19
Which Stocks Will Lead The Cannabis Rebound? - 13th June 19
The Privatization of US Indo-Pacific Vision - Project 2049, Armitage, Budget Ploys and Taiwan Nexus - 12th June 19
Gold Price Breaks to the Upside - 12th June 19
Top Publicly Traded Casino Company Stocks for 2019 - 12th June 19
Silver Investing Trend Analysis - 12th June 19
Why Blue-Chip Dividend Stocks Aren’t as Safe as You Think - 12th June 19
Technical Analysis Shows Aug/Sept Stock Market Top Pattern Should Form - 12th June 19
FTSE 100: A Top European Index - 12th June 19
Gold Surprise! - 11th June 19
How Forex Indicators are Getting Even More Attention in the Market? - 11th June 19
Stock Market Storm Clouds on the Horizon - 11th June 19
Is Your Financial Security Based On A Double Aberration? - 11th June 19
What If Stocks Are Wrong About Interest Rate Cuts? - 11th June 19
US House Prices Yield Curve, Debt, QE4EVER! - 11th June 19
Natural Gas Moves Into Basing Zone - 11th June 19
U.S. Dollar Stall is Good for Commodities - 11th June 19
Fed Running Out of Time and Conventional Weapons - 11th June 19
Trade Wars Propelling Stock Markets to New Highs - 11th June 19
Best Travel Bags for Summer Holidays 2019, Back Sling packs, water proof, money belt, tactical - 11th June 19
Betting on Next British Prime Minister Tory Leadership Betfair Markets Forecast - 10th June 19
How Can Stock Market Go Up When We’re Headed Towards a Recession? - 10th June 19
If You Invest in Dividend Stocks, Do This to Double Your Returns - 10th June 19
Reasons for the Success of the Dating Market - 10th June 19
Gold Price Trend Analysis - Video - 10th June 19
US Stock Markets Rally Hard – Could Another Big Upside Leg Begin? - 10th June 19
Stock Market Huge Cosmic Cluster Ahead: Buckle Up! - 10th June 19
Stock Market Higher To Go? - 10th June 19
The Gold Price Golden Neckline… - 10th June 19
Gold Price Seasonal Trend Analysis - 9th June 19
The Fed Stops Pretending - 9th June 19
Fed Rate Cuts Soon; Bitcoin Enthusiasts Join Wall Street in Bashing Gold - 9th June 19
1990s vs. 2010s - Which Expansion Will be Better for Gold? - 9th June 19
Gold Price Trend Analysis, MACD, Trend Channels, Support / Resistance - 8th June 19
Gold Surges Near Breakout - 8th June 19
Could Gold Rally Above $3750 Before December 2019? - 8th June 19
5 Big Lies About Precious Metals Investing Exposed - 8th June 19

Market Oracle FREE Newsletter

Gold Price Trend Forecast Summer 2019

Bitcoin Price Goes Loco! Surges through $2,500 Despite Unclear Fork Issues

Currencies / Bitcoin May 25, 2017 - 11:29 AM GMT

By: Jeff_Berwick

Currencies

It seems like barely a day goes by without bitcoin rising $100, $200 or more.

It was only three weeks ago that we trumpeted that bitcoin had hit a new all-time high above $1300.


A few days later we were thrilled when it broke $1,400.
The very next day we livestreamed on Youtube for our bitcoin $1,500 party.
Five days ago bitcoin hit $1,900.
The next day it broke the $2,000 mark and I broke out the champagne, cigars and my 1980s era rap skills (see video for more).
Then two days ago it broke through $2,200.
And now, today, bitcoin has surged past $2,500!
Bitcoin has now doubled in price in just the last month.

Everyone is asking, how high will it go?

Well, we wouldn’t be surprised if it is down for at least a little while. This has been an absolutely stunning move higher that added more than $20 billion to bitcoin’s market capitalization.

Those looking to buy large amounts should be at least somewhat cautious. Nothing goes up forever.

And, especially considering bitcoin is having serious growing pains right now. A few bitcoin transfers I attempted earlier this week took three days to go through due to massive congestion as bitcoin popularity soars.

And its popularity has absolutely exploded and has never been higher as Google Trends can attest.

And the growing pains of bitcoin are very serious. While this headline came out yesterday, “56 Bitcoin Companies Approve Segwit-2Mb Combined Fork Plan”, I have it from high level sources that it is far from a done deal. And, in fact, is likely to not go through.

I have just completed an interview with Trace Mayer, of the Bitcoin Knowledge Podcast, and one of the biggest and most trusted names in bitcoin who tells me that bitcoin could be in for some major turbulence this summer.

That interview will be given first to TDV subscribers (click here to subscribe to make sure you get advanced access). But within 24 hours later it will be offered to the public on TDV’s Youtube channel (so make sure to subscribe to the Youtube channel here so you don’t miss it).

In it Trace outlines why bitcoin could be in for a rocky summer but how to protect yourself and profit from it… including his favorite altcoin pick which he thinks could rise 1,000%+ in the next few weeks.

Even if bitcoin does have a pullback and a volatile summer, however, the future for bitcoin is brighter than ever. Much of the financial world seems to have finally awoken to the potential of bitcoin, and other blockchain cryptocurrencies, and we are seeing billions of dollars flow into the sector.

That is unlikely to stop anytime soon. In fact, if things go as I hope, it won’t stop until the US dollar and all other fiat currencies collapse and bitcoin and other altcoins become the currencies of choice for people worldwide.

If that happens, bitcoin will be worth over $1 million US in today’s dollars. But we are a long way from that happening still.

And, the globalists have their own plan for a completely centralized, one world currency, called the SDR, which they have plans to roll out in 2018. And they will do everything they can to stop bitcoin.

It’s an epic battle of good versus evil and the future of humanity rests on the outcome.

For this reason, I’ll be going to Bilderberg, for the third year in a row, from June 1-4 in Chantilly, Virginia to expose the globalists and shine the light on the parasitic cockroaches who yearn to enslave all of humanity.

Stick with us here and on our Youtube channel so you don’t miss a thing.

And, for those who still don’t understand bitcoin very well and want to learn more I’ve just created a free four video tutorial to get you up to speed and a special offer to send you your first $50 in bitcoin (restrictions apply and must be new TDV subscribers).

Click here to view the free tutorial.

While bitcoin has been rising tremendously, we are still in the very early innings of the game and you’ll be much better prepared to protect your assets and profit by understanding how bitcoin works today.

So, check out my free 4 video tutorial and $50 in bitcoin offer here.

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

© 2005-2019 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

6 Critical Money Making Rules