Category: Bitcoin
The analysis published under this category are as follows.
Friday, December 01, 2017
Bitcoin Possible Correction / Currencies / Bitcoin
By: Mike_McAra
Bitcoin might be expensive according to Vítor Constâncio, Vice President of the European Central Bank. In his interview with CNBC, we read:
Investors flocking into bitcoin are taking a risk by buying at such high prices, the vice president of the European Central Bank (ECB) Vitor Constancio told CNBC Wednesday.
"It's a very particular asset, it's a speculative asset by definition looking to the developments in its price. Investors are taking that risk of buying at such high prices," Constancio noted.
Thursday, November 30, 2017
Long-tail Pin Bar On BTCUSD Daily Chart Suggests Trend Reversal / Currencies / Bitcoin
By: Submissions
Bartosz Kali writes: After a phenomenal and very surprising run, the price of Bitcoin in relation to the US dollar is showing signs of retreating into a inevitable correction.
On a daily chart of BTCUSD as shown by price data from Bitstamp, we can clearly see a long-tail Pin bar indicating a trend reversal.
Long-tail pin bars are usually an indication of a strong rejection of a bullish run by the market and it is very often followed by a period of trend reversal.
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Tuesday, November 28, 2017
Bitcoin $10,000 – Huge Volatility of Cryptocurrencies and Risky Fiat Making Gold Attractive / Currencies / Bitcoin
By: GoldCore
– Bitcoin tops $10,000, soaring more than 850% since beginning of 2017
– Irrational exuberance arguably main driver of price performance
– Google Trends shows search for ‘Bitcoin Bubble’ hit highest level this morning
– Buyers need to be aware of hacking and security risks
– Other primary risks to widespread adoption is volatility and liquidity risk
– World’s largest online trading platform IG Markets suspends BTC trading
– Volatility of cryptocurrencies and risky world of fiat make gold attractive
Sunday, November 26, 2017
Bitcoin Soars To Nearly $9,000 As Cryptos Continue Massive Surge / Currencies / Bitcoin
By: Jeff_Berwick
Another day, another $20 billion rise in the value of the cryptocurrency space.
Ethereum and Bitcoin Cash played a big role in the rise of the space as a whole over the last few weeks and most cryptos were heavily in the green again today. But, today’s big rise in the overall market cap of the crypto space is mainly attributed to bitcoin rising another 8% today.
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Saturday, November 25, 2017
Cryptocurrencies Continue To Break All-Time Highs / Currencies / Bitcoin
By: Jeff_Berwick
In the last 24 hours, cryptocurrencies have risen $12 billion in value to $264 billion.
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Saturday, November 25, 2017
Bitcoin Price Moves above $8,000 to All-time High / Currencies / Bitcoin
By: Mike_McAra
The recent action in Bitcoin probably makes it relatively easy for the media to write stories about the currency. For some time now, we have consistently seen titles on Bitcoin’s sequence of all-time high and sometimes the move up is linked to the denial of a proposed change in the network, called SegWit2x. In an article on CNBC, we read:
Bitcoin hit a fresh all-time high Monday above the $8,000 mark after a wild week for the cryptocurrency.
On Monday around 12:25 p.m. London time, it hit a record high of $8,121.56, according to data from industry website CoinDesk. Bitcoin first broke the $8,000 handle on Sunday.
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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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