Category: Bitcoin
The analysis published under this category are as follows.
Tuesday, May 30, 2017
What Happened to Bitcoin? / Commodities / Bitcoin
By: GoldCore
Bitcoin hits $2,700, a 500 fold increase in five years and doubling in price since May 1st.- Previous surges – in 2011 and 2013 – have been followed by dramatic crashes
- Significant premiums seen in Asia, over USD price
- Total cryptocurrency market cap reached over $90bn, last week
- Market remains small and volatile
- Comparisons between bitcoin and gold are old, invalid and misleading
- Both bitcoin and gold offer opportunities to diversify away from corrupt financial system
Friday, May 26, 2017
Shari’ah-Compliant Crypto Gold: Could Islam Be Preparing for a New World Reserve Currency? / Currencies / Bitcoin
By: HAA
Shannara Johnson writes: It all started pretty harmlessly: in December 2016, after about 12 months of deliberations, the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council announced a new “Shari’ah Standard on Gold.”
The new standard was celebrated as a potentially big boost for global gold demand as it would give more than 2 billion Muslims in the world access to gold-based financial products that were previously forbidden to them.
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Friday, May 26, 2017
Bitcoin and AltCoins Crypto Price Correction / Currencies / Bitcoin
By: Jeff_Berwick
I don’t know whether I have been uncannily prescient at predicting where the cryptocurrency market is going… or if I am causing all of the things I am predicting.
It’s a serious question. It seems that when I say I expect a cryptocurrency to go higher it immediately spikes massively higher right after.
And, yesterday, I said that a pullback in bitcoin and the altcoins was not only to be expected but was a healthy thing after such a massive run-up.
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Thursday, May 25, 2017
Bitcoin Price Goes Loco! Surges through $2,500 Despite Unclear Fork Issues / Currencies / Bitcoin
By: Jeff_Berwick
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.
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Sunday, May 21, 2017
Bitcoin Breaks the $2,000 Mark as Cryptocurrencies Continue to Explode Higher / Currencies / Bitcoin
By: Jeff_Berwick
Bitcoin has just broken through the $2,000 level according to the CoinDesk Price Index.
Of course, we’ve been talking about it since it was $3 in 2011.
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Thursday, May 18, 2017
WannaCry Ransomware Virus Is a Globalist False Flag Attack On Bitcoin / Currencies / Bitcoin
By: Jeff_Berwick
Here’s something I’ve been learning. If something innocuous comes out of nowhere and all-of-a-sudden is covered by the mainstream Fake News media as though it is the apocalypse… it’s all planned and done for a reason.
On May 12th, the “WannaCry” ransomware attack was covered widely in the mainstream media, immediately proclaiming it to be the “the worst cyber attack of all time.”
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Thursday, May 18, 2017
Is This Bitcoin’s Fatal Flaw? / Currencies / Bitcoin
By: John_Rubino
Bitcon has been rocketing higher lately, as it gains widespread official approval and more people figure out how to use it.
As the first of its kind to emerge, bitcoin has become synonymous with “cryptocurrency”. But lately it’s been joined by a lot of others – which together now account for more than half of the cryptocurrency ecosystem:
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Tuesday, May 16, 2017
Bitcoin Price Corrects from Top / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
A hacker attack has swept across the globe encrypting user files and crashing corporate services. In an article on CoinDesk, we read:
Extortionist hackers who may be using leaked computer exploits from the U.S. National Security Agency infiltrated computers in dozens of countries in a fast-spreading attack that forced British hospitals to turn away patients and breached systems at Spain’s Telefonica SA and organizations from Russia to Taiwan.
Sunday, May 14, 2017
Bitcycles - Does BitCoin Have Cycles? / Currencies / Bitcoin
By: SurfCity
Not sure if anyone has been following Bitcoin lately but it tracking the Price and Volume action over the last 6 months has been fascinating.
Here are some charts (one and two year charts of GBTC, (the BitCoin Trust) along with some other links. Sure looks like the recent Parabola cracked late last week so based on the chart, we may see a buying opportunity once RSI drops to the 40s or 30s…
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Sunday, May 14, 2017
War on Bitcoin - German Central Bank Warns Not To Use Bitcoin / Currencies / Bitcoin
By: Jeff_Berwick
Central banking, which is a tenet of communism and a scheme to impoverish the many to benefit a few, is one of the evilest, most pernicious and rapacious entities on Earth.
So, when a member of the German central bank, Bundesbank, warned against buying bitcoin I almost choked on my wiener schnitzel.
Having a central bank warn against buying bitcoin is like a rapist warning you that sex with your spouse isn’t as exciting as when he rapes you.
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Wednesday, May 10, 2017
Bitcoin Smashes Through $1,800, Price Doubles Since January! / Currencies / Bitcoin
By: Jeff_Berwick
Bitcoin seems to rise $100 and to new all-time highs every day lately. And today, it has broken through $1,800!
That means bitcoin has doubled since it was $900 in January! And it now boasts a total market capitalization of nearly $30 billion, which of course is about $15 billion more than it was in January.
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Monday, May 08, 2017
How is the Adventurous Path of Bitcoin to $2,000? / Currencies / Bitcoin
By: Submissions
Jack Huyn: Recently, the parabolic rise of Bitcoin has made it become a very very hot currency that attracts many investors and speculators. In my opinion, movements of this cryptocurrency these days are just a sign that Bitcoin is a bubble waiting to burst.
Fundamentally, the current uptrend of Bitcoin prices are due to the following factors:
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Wednesday, May 03, 2017
Bitcoin Blasts Through $1,400 Amid All Time Highs in Every Currency / Currencies / Bitcoin
By: Jeff_Berwick
It was just a few days ago that we trumpeted that bitcoin had hit a new all-time high above $1,330 and it has since blasted through $1400.
And, it hasn’t stopped there… at all.
Bitcoin has continued to smash through new highs nearly hourly since. And today it hit a high of $1,466.88.
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Friday, April 28, 2017
USD/CAD - Invalidation of Breakout or Further Rally? / Currencies / Bitcoin
By: Nadia_Simmons
Earlier today, the greenback moved lower against the Canadian dollar, which pushed USD/CAD below the December high and the previously-broken resistance zone. Is it enough to trigger further deterioration?
In our opinion, the following forex trading positions are justified - summary:
EUR/USD: short (a stop-loss order at 1.1052; the initial downside target at 1.0521)
GBP/USD: none
USD/JPY: long (a stop-loss order at 107.62; the initial upside target at 111.16)
USD/CAD: none
USD/CHF: none
AUD/USD: none
Friday, April 28, 2017
BOOM! Bitcoin Price Blasts To New All Time High! / Commodities / Bitcoin
By: Jeff_Berwick
Having followed bitcoin since it was $3 in 2011 we have had many, many “all time high” celebrations.
Breaking $10 was a small celebration. Breaking $100 had us cheering and buying a round of drinks at the bar. And, when it broke $1,000, TDV subscribers were heard around the world buying sports cars and yachts.
But with bitcoin breaking above $1,325.00 to hit an all time high of $1,331.31 on CoinDesk’s Bitcoin Price Index (BPI), this is a memorable one.
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Sunday, March 19, 2017
Crypto Craziness: Bitcoin Plunges on Fork Concerns, Steem Skyrockets and Dash Surges Above $100 / Currencies / Bitcoin
By: Jeff_Berwick
The last month has not helped bitcoin’s reputation as being a volatile currency.
A month ago bitcoin was trading near $1,000. Two weeks later it sat on the cusp of $1,300. Then, after the SEC turned down a bitcoin ETF, it sank below $1,000 briefly a week ago.
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Wednesday, March 15, 2017
A Response to “Bitcoin Won’t Work When SHTF” / Currencies / Bitcoin
By: Jeff_Berwick
I’ve been commenting a lot on bitcoin lately as it has had an amazing and volatile week.
One thing that I keep noticing in the comments, though, is at least one or two people always chime in and say, “Bitcoin is screwed when SHTF”.
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Tuesday, March 14, 2017
Bitcoin Price Returns To All-Time Highs As Cryptocurrencies Explode Higher / Currencies / Bitcoin
By: Jeff_Berwick
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.
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Saturday, March 11, 2017
Bitcoin Gets WinkleF*ked By the Criminal SEC Organization / Currencies / Bitcoin
By: Jeff_Berwick
Last week we heralded, “Bitcoin Is Now As Good As Gold, Actually, It’s Better”.
It was a bit tongue-in-cheek, and I knew it’d get the gold crowd whipped into a frenzy. But, the point was, for the first time ever, the value of one unit of bitcoin surpassed the value of one ounce of gold.
At the time it was around $1,250.
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Friday, March 10, 2017
Bitcoin ( BTCUSD ) Warning Stage / Currencies / Bitcoin
By: ElliottWave-Forecast
Bitcoin Review
Last year , Bitcoin was still considered as a fading project and many expected its price to keep dropping and break below $100. However in the recent months, the crypto-currency kept rising significantly and finally managed to make new all time high and break above $1200 last week ! That’s only $50 short of the equivalence to 1 ounce of GOLD which could have a big impact in the future .
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