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
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24
RECESSION When Yield Curve Uninverts - 8th Sep 24
Sentiment Speaks: Silver Is Set Up To Shine - 8th Sep 24
Precious Metals Shine in August: Gold and Silver Surge Ahead - 8th Sep 24
Gold’s Demand Comeback - 8th Sep 24
Gold’s Quick Reversal and Copper’s Major Indications - 8th Sep 24
GLOBAL WARMING Housing Market Consequences Right Now - 6th Sep 24
Crude Oil’s Sign for Gold Investors - 6th Sep 24
Stocks Face Uncertainty Following Sell-Off- 6th Sep 24
GOLD WILL CONTINUE TO OUTPERFORM MINING SHARES - 6th Sep 24
AI Stocks Portfolio and Bitcoin September 2024 - 3rd Sep 24
2024 = 1984 - AI Equals Loss of Agency - 30th Aug 24
UBI - Universal Billionaire Income - 30th Aug 24
US COUNTING DOWN TO CRISIS, CATASTROPHE AND COLLAPSE - 30th Aug 24
GBP/USD Uptrend: What’s Next for the Pair? - 30th Aug 24
The Post-2020 History of the 10-2 US Treasury Yield Curve - 30th Aug 24
Stocks Likely to Extend Consolidation: Topping Pattern Forming? - 30th Aug 24
Why Stock-Market Success Is Usually Only Temporary - 30th Aug 24
The Consequences of AI - 24th Aug 24
Can Greedy Politicians Really Stop Price Inflation With a "Price Gouging" Ban? - 24th Aug 24
Why Alien Intelligence Cannot Predict the Future - 23rd Aug 24
Stock Market Surefire Way to Go Broke - 23rd Aug 24
RIP Google Search - 23rd Aug 24
What happened to the Fed’s Gold? - 23rd Aug 24
US Dollar Reserves Have Dropped By 14 Percent Since 2002 - 23rd Aug 24
Will Electric Vehicles Be the Killer App for Silver? - 23rd Aug 24
EUR/USD Update: Strong Uptrend and Key Levels to Watch - 23rd Aug 24
Gold Mid-Tier Mining Stocks Fundamentals - 23rd Aug 24
My GCSE Exam Results Day Shock! 2024 - 23rd Aug 24
Orwell 2024 - AI Equals Loss of Agency - 17th Aug 24
Gold Prices: The calm before a record run - 17th Aug 24
Gold Mining Stocks Fundamentals - 17th Aug 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Bitcoin Cash Skyrockets… Is There Something To It?

Currencies / Bitcoin Aug 19, 2017 - 03:10 PM GMT

By: Jeff_Berwick

Currencies

Friday was mostly a down day for the cryptocurrencies with one big exception.


Bitcoin Cash is currently up 72% to over $500 and even hit a high of $567.76 earlier today.

The great majority of information, analysis, and recommendations aren’t featured here in our daily blogs and videos. That info is, of course, saved for our paying subscribers.

And we’ve been telling subscribers to HODL on to their Bitcoin Cash since it forked on August 1st. In fact, we told them of a conspiracy theory that I think may be possibly occurring which could see Bitcoin Cash be the only bitcoin left standing at the end of the day.

One subscriber, in our private Facebook group, even suggested that my theory was such a bombshell that I shouldn’t keep it private.

Well, for the time being we are still keeping it private. But you can read it immediately by signing up HERE. It was featured in the August Issue of our twice-monthly newsletter published on August 9th.

There is a lot of propaganda, censorship, infighting, attacks, and misinformation being thrown about with regard to both Bitcoin and Bitcoin Cash. Most people have no idea what kind of war is actually going on. That’s why it pays to subscribe to TDV where we have been covering cryptocurrencies since bitcoin was $3 in 2011.

There surely will be many books written about everything going on today in the Bitcoin space. And, we love it. It’s the free market in action. And a lot of big players are trying to manipulate it to their advantage.

But, the central banks can’t control it and the government can’t regulate it… try as they might! That is what is so beautiful about bitcoin.

If you currently own Bitcoin you may want to make sure you get access to all our analysis which you can’t get anywhere else by subscribing HERE.

And if you still haven’t gotten into Bitcoin, Bitcoin Cash could end up being your second chance. But, start by watching our free four-video Bitcoin webinar HERE. If you accept our offer at the end of the video series we’ll send you your first $50 in bitcoin directly from my own private wallet.

We began that video webinar and $50 in bitcoin offer near the start of the year and many people who accepted that offer now have bitcoin worth over $200 and a stake in Bitcoin Cash as well.

The cryptocurrency space is wacky, wild and often incredibly lucrative. What else would you expect from a completely free market (r)evolution in money, banking and the internet itself.

There are still a few naysayers out there who think the whole thing is a scam… but there is always going to be a few people who miss the point entirely. And, yes, we could even see things like Bitcoin get railroaded, sidetracked and manipulated along the way.

But that’s not because it is all a big scam. It’s because the stakes for governments and central banks are bigger than anything else in the world to try to stop this (r)evolution.

They won’t. They can’t. But it is going to be interesting as they try… and hopefully die!

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