Category: Bitcoin
The analysis published under this category are as follows.
Friday, February 07, 2014
Why the Winklevoss Bitcoin ETF Is a Game-Changer / Companies / Bitcoin
By: Money_Morning
David Zeiler writes: Investing in Bitcoin isn't as easy as investing in stocks - right now.
But the arrival of the Winklevoss Bitcoin ETF - an exchange-traded fund developed by twins Cameron and Tyler Winklevoss - will change that.
The Winklevoss Bitcoin ETF will make investing in Bitcoin as simple and straightforward as buying shares of any other exchange-traded fund.
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Thursday, February 06, 2014
Is Bitcoin a Revolutionary Monetary Game-Changer Or Financial Trojan Horse? / Currencies / Bitcoin
By: Washingtons_Blog
Bitcoin Is Going Mainstream
Reddit, Virgin Galactic, and Overstock.com now accept Bitcoin.
So do dating site OKCupid and travel site CheapAir.com. Game giant Zynga is now in the testing phase.
Two big Las Vegas hotels accept Bitcoin.
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Tuesday, February 04, 2014
Bitcoin Price Trading Range Narrows / Currencies / Bitcoin
By: Mike_McAra
Key take away from this alert: in our opinion, closing long positions is not the way to go.
On Jan. 30, the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury released two additional guidelines on Bitcoin. The first takes a stance on whether Bitcoin miners are to be considered money transmitters:
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Monday, February 03, 2014
Bitcoin Revolution or Trap? / Currencies / Bitcoin
By: James_Turk
From Chapter 18 of The Money Bubble by James Turk and John Rubino:
In the Internet's early days there was general agreement that one of the first killer apps would be some form of cyber-currency. Since money was already largely non-corporeal, existing as entries in bank accounts and ready to spend with plastic cards, the next logical step would be to move the whole thing online and dispense with paper and coins and their costly and burdensome infrastructure of banks, regulators and printing presses. The emergence of such currencies would, in this optimistic scenario, consign relics like the dollar and the Fed to history's circular file and usher in an era of trust, stability, and growth similar to what occurred under the classical gold standard.
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Monday, January 27, 2014
America's Biggest Bank Wants In on Bitcoins / Currencies / Bitcoin
By: Money_Morning
Peter Krauth writes: As we know, most fiscal history has been dominated by a web of central banks.
The central banks are in a race to debase, a trend that's rapidly accelerated over the past decade.
There's a lot of money to be made by issuing money.
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Thursday, January 16, 2014
Bitcoin Is Defeating Governments and Making Investors Rich / Currencies / Bitcoin
By: Money_Morning
Michael A. Robinson writes: The world's two fastest-growing economies came down hard on Bitcoin in recent weeks.
Dips followed, but ultimately the virtual currency began to slough off the news and continued to gravitate toward a loose, but tightening, trading range.
And as a former senior advisor to a Silicon Valley venture capital firm, I've seen a lot of opportunities to make a killing on technology over the years.
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Tuesday, January 07, 2014
Bitcoin 2014 Bubble Collapse or Dollar Alternative? / Currencies / Bitcoin
By: Clif_Droke
Is it a bubble or mania destined for collapse? Or can it beat the odds and become a viable alternative to the dollar?That’s what many are wondering about Bitcoin, the electronic currency which has captured the Internet world’s imagination. Many observers have dismissed the e-currency as a passing fad – a flash in the pan destined to suffer the same fate as break dancing and Beanie Babies. This conclusion is far too simplistic, however. Due to the complexities of the new currency the Bitcoin issue demands a deeper analysis.
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Friday, January 03, 2014
Singapore Local Perceptions on Bitcoin's Future / Currencies / Bitcoin
By: Keith_Hilden
I have just returned from a very enjoyable trip to Singapore, in which our goal was to determine the sentiments and level of knowledge people had about Bitcoin in order to better determine Bitcoin's future in Singapore. That journey took me to the pulsating central business district of a vibrant Singapore, traditional neighborhoods completely recast in the face of new immigration and rigorous central planning, and the newcomer immigrants and permanent residents where languages like Thai and Japanese punctuate the linguistic air of Singapore accentuated English. What we found out about Bitcoin sharply contrasted with that of what we learned about Bitcoin in Taiwan.
Monday, December 30, 2013
Bitcoin Volatile Elephant in the Room Takes on Gold, Pros vs Cons / Commodities / Bitcoin
By: John_Browne
Ever since President Nixon broke the US dollar's last link to gold, the world has been set adrift on a sea of fiat currencies that have been increasingly debased, serving the interests of governments and financial elites. For the last five years, central banks have imposed near-zero rates of interest that have helped push up stock, bond, and real estate prices, but have made it nearly impossible for savers to receive meaningful returns on bank deposits.
Friday, December 27, 2013
A Trip Down a Bitcoin Mega Mine in Iceland / Currencies / Bitcoin
By: Lewrockwell
Tyler Durden writes: Once upon a time, money – in the form of precious metals – used to be literally dug out of the earth. Limitations on the amount that could be mined, and on how much growth could be borrowed from the future (all debt is, is future consumption denied), is why eventually the world’s central bankers moved from money backed by precious metals, to “money” backed by “faith and credit”, in the process diluting both. It was the unprecedented explosion in credit money creation that resulted once money could be “printed” out of thin air that nearly destroyed the western financial system. Which brings us to Bitcoin, where currency “mining” takes place not in the earth’s crust, or in the basement of the Federal Reserve, but inside supercomputers.
Friday, December 20, 2013
Bitcoin - High Tech Fiat Alchemy / Currencies / Bitcoin
By: Dr_Jeff_Lewis
The curious case of Bitcoin and the associated rise of electronic currency has rekindled money and wealth discussions. It has also given rise to the re-birth to a libertarian cyberpunk ideology. In some ways, the response is a natural reflection of the devaluing of paper promises. In others ways, electronic cryto-currency is perfectly positioned to launch into physical metals. In fact, early correlation has been established, despite the overall tight control of the precious metals markets.
Friday, December 20, 2013
Bitcoin's Five Big Advantages Over Gold / Commodities / Bitcoin
By: Money_Morning
Michael A. Robinson writes: I strongly believe that everyone should own some physical gold. It's been the store of value, and the preferred method of asset protection for more than 5,000 years. It's irreplaceable.
But I also believe that every investor ought to own at least some of the new digital money known as bitcoin.
You see, most of the people buying bitcoin are interested in the explosive growth potential the new "currency" offers, as more and more retailers, CEOs, and governments embrace it.
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Wednesday, December 18, 2013
U.S. Dollar’s Demise and the Rise of Bitcoin / Currencies / Bitcoin
By: Clif_Droke
One of the questions investors have been asking lately concerns the outlook for the U.S. dollar index. Investors are understandably concerned by the dollar’s weakness and worry that perhaps that any notable increase in inflation could lead to further erosion in the dollar’s value.Read full article... Read full article...
Wednesday, December 18, 2013
The Biggest Bitcoin Myths Debunked / Currencies / Bitcoin
By: Money_Morning
David Zeiler writes: Bitcoin has been in the news a lot lately, but few people - even those talking about it in the media - really have a solid grasp on this groundbreaking digital currency.
What most people do know about Bitcoin is its meteoric rise in value over the past couple of months. The price of Bitcoins trading on the Mt. Gox exchange rose from less than $100 at the end of July to more than $1,200 at the end of November.
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Thursday, December 12, 2013
Bitcoin’s Evolution Will be SWIFT / Currencies / Bitcoin
By: Jeff_Berwick
Chris Horlacher writes: A lot of attention has been paid to bitcoin in the last couple of weeks. As Chinese buyers piled in to the market, a gathering of bureaucrats in the United States gave their blessing to the nascent currency. The price movements in bitcoin have been jaw-dropping, to say the least. The naysayers, looking for any reason to belittle this digital innovation, leaped on a Bank of China announcement that prohibited Chinese banks from dealing with the currency. To those that have been paying attention, China has had a ban on virtual currencies since June of 2009 so this comes as no surprise. Other investors and speculators are painting pictures of tulip bulbs for us in the mainstream news, but even the Dutch didn’t see action this intense. Like Rocky Balboa, this new invention refuses to stay down.
Wednesday, December 11, 2013
Bitcoins vs. Greenbacks and/or Gold and Silver / Currencies / Bitcoin
By: Gary_North
There are conflicting stories among Bitcoins’ supporters about why a Japanese programmer or team of Japanese programmers, who are known by a pseudonym Satoshi Nakamoto, developed the original idea for the Bitcoins software.
The primary justification for Bitcoins among libertarians is the prediction that Bitcoins will become an alternative currency to all existing central bank currencies. Bitcoins are seen as a first-stage revolt against central bank money.
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Monday, December 09, 2013
Bitcoin and Quantitative Easing / Currencies / Bitcoin
By: Submissions
Brett Chatz writes: The spectacular rise in popularity of bitcoin has caused many influential people to stand up and take notice. Are alternative currencies the way of the future?
Saturday, December 07, 2013
Bitcoin Price Crash Towards Zero? The Ponzi Scheme Bubble Plays Out as Designed / Currencies / Bitcoin
By: Nadeem_Walayat
The Bitcoin price last traded at USD 790 (this morning) which represents a 37% price crash against its trading high of 1242, vaporising the wild dreams of just a few days ago where some reported that the virtual money could be destined to go as high as 1 million! Whilst never realising the difference between what is virtual and what is real, instead in large part bitcoin pumper's remain in denial as many have been seduced by the golden coin image to imagine that bitcoins and gold are the same or similar when the reality is the exact opposite. Bitcoins is fairy dust, it is perceived as being very valuable but a small gust of reality is enough to make it disappear.
Friday, December 06, 2013
Profit from The Bitcoin Tulipmania & The Gold Cartel / Currencies / Bitcoin
By: DeepCaster_LLC
“Tulipmania was the first major financial bubble. Investors began to madly purchase tulips, pushing their prices up to unprecedented highs; the average price of a single flower bulb exceeded ten times the annual income of a skilled craftsman. Tulips sold for over 4000 florins, the currency of the Netherlands at the time. As prices drastically collapsed over the course of a week, many tulip holders instantly went bankrupt.” investopedia.com
It is no secret that an investment in Bitcoins – the Digital Non-National Currency – has generated Phenomenal Profits recently. Profits, that is, for those who bought early and chose to sell before the recent Chinese “Bitcoin Veto” Announcement.
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Thursday, December 05, 2013
Gold 2.0 NOT Tulip Mania: How Big Is The Cryptocurrency Opportunity? / Currencies / Bitcoin
By: DK_Matai
Make no mistake, the Bitcoin opportunity is creating a fast evolving trillion dollar new market in cryptocurrency eCommerce and more importantly mCommerce or mobile-Commerce. The future of cryptocurrencies is being secured right now with the launch of many new apps to enable digital cash, electronic payments and secure eWallets using cryptocurrencies via smart phones and other digital devices such as secure pens, sophisticated crypto-watches and customised memory sticks. Cryptocurrency adoption is growing very fast, in a similar exponential curve to the adoption of the world wide web in the years following 1995 or even the spread of electric power exactly a hundred years before that.