Category: Bitcoin
The analysis published under this category are as follows.
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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Tuesday, March 07, 2017
Bitcoin Important Price Action to Be Seen / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
Bitcoin is making its way into mainstream press. In an article on the CNBC website, we read:
Digital currency advocates had plenty to crow about last week when bitcoin's price overtook gold.
The event signaled a potentially important moment point for bitcoin, which is generally seen as asset that stores wealth. Bitcoin has gained more than 60 percent in price since mid-January.
Saturday, March 04, 2017
Bitcoin Is Now As Good As Gold, Actually It’s Better / Currencies / Bitcoin
By: Jeff_Berwick
It wasn’t too long after I discovered bitcoin in 2011, trading at $3, that I became one of its biggest promoters.
I have even said on several different occasions, that if bitcoin reaches its ultimate potential it will be worth more than $1 million in today’s US dollar terms. Of course, if it did, we wouldn’t be talking about the price of bitcoin in dollars because dollars likely wouldn’t exist anymore.
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Friday, February 24, 2017
Bitcoin Price Hits Record High! / Currencies / Bitcoin
By: Jeff_Berwick
Bitcoin has just smashed through its all-time high in US dollar terms.
The US dollar was the last all-time fiat currency to crack as bitcoin has been hitting all-time highs in every other government/mafia mandated currency over the last few years.
On CoinDesk bitcoin hit an all time high of $1206.60 which is the highest it’s been since Mt. Gox in 2013, which doesn’t count, because it was likely inflating bitcoin prices before it was shut down.
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Thursday, February 23, 2017
Bitcoin Breaks Records and Sits at Cusp of All-Time High…Here’s Why / Currencies / Bitcoin
By: Jeff_Berwick
We have been the biggest proponent of bitcoin in the financial space since it was $3 in 2011.
It now sits just a few dollars from its all-time high (ex-Mt. Gox which wasn’t a legitimate high) of $1,150. And, bitcoin has remained above the $1000 price level for a record stretch of time - seven days!
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Tuesday, February 14, 2017
Bitcoin Price Dancing around $1,000 / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
Needham & Co., an investment firm, has issued a new report on the potential success of three prospective Bitcoin ETF. In the report, we read:
Given elevated interest in the bitcoin ETFs that are going through the regulatory approval process we're revisting the subject with a deeper dive to take a look at the factors that may affect approval, differences between the three filings, market indicators of approval odds, and the effect of approval/disapproval on price. Overall, we maintain our estimates that the likelihood of approval is less than 25% but that, if it were approved, such an ETF would be extremely successful. That said, there are some market indicators that seem to suggest higher odds than our own estimates. Ultimately, while we don't see any specific reason to disapprove the Winklevoss Bitcoin ETF, we think the SEC is likely to disapprove out of an abundance of caution around bitcoin itself (as opposed to something specific to the filing).