More Bullish Bitcoin Price Predictions for 2018

Tom Lee, a market strategist from Fundstrat, is buying in this so-called “Bitcoin pullback”.  He has now increased his mid-2018 Bitcoin price target to $20000 from the initial prediction of $11,500.   No doubt the price has dipped due to profit taking, however, newcomers to this market could be running scared thinking they have already lost.  For fear of losing out (FOMO), some people have mortgaged their homes, while others bought on credit – consider this, the rule of thumb is never to invest more than you can afford to lose in…

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Cryptocurrency Craze – Bitcoin Price Predictions for 2018

The world has gone crazy for Bitcoin and cryptocurrency in general… a current marketcap of $600Billion.  When did this all begin?  Bitcoin prices started to rise after Japan made Bitcoin a legal payment system on 1 April 2017, a perfect example of Government adoption.  This gave rise to the Japanese Yen dominating Bitcoin trading ranging from 50% to 60% in 24 hour periods according to Cryptocompare analysis … thus giving rise to the “Mrs. Watanabe” investor adoption.     On closer inspection according to Deutsche Bank and reported by Bloomberg, ……

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Bitcoin News 10 August 2017 – Institutional Investors Cannot Ignore Cryptocurrency Market

Bitcoin News Today and the top story is that Goldman Sachs is informing it’s big money clients that it’s getting harder for institutional investors to ignore the cryptocurrency market. The total market cap for cryptocurrency has grown to more than $120 billion. Bitcoin has grown more than 200 percent this year and by $1000 in the past month.   Fidelity users can now track their Bitcoin and cryptocurrency investments alongside more traditional assets.The R&D and innovation unit of Fidelity Investments is partnering with Coinbase Cryptocurrency Exchange, to make the feature…

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BREAKING NEWS – Bitcoin Price Shoots Past $3000 to New All Time High

BREAKING NEWS – the Bitcoin price has just shot past $3000 to a new all time high. This has come at the end of a historic week in the life of Bitcoin.     1 August saw the activation of SegWit (BIP148) which seemed to pass as a non-event. Later in the day, a miner activated hard fork activated and created a new cryptocurrency called Bitcoin Cash. Everyone who had Bitcoin in their personal wallet or in a participating exchange would have received the same quantity in Bitcoin Cash.  …

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Bitcoin News 4 August 2017 – The Birth of Bitcoin Cash and the Resilience of Bitcoin

Bitcoin news today – an eventful week saw the birth of Bitcoin Cash and the resilience of Bitcoin. Very quickly Bitcoin Cash shot to third place in terms of market cap but has since dropped into fourth place under Ripple, the protocol which has been adopted by many banks and payment networks globally.   source:  coinmarketcap.com   Bitcoin price stability is a testament to the fact that Bitcoin has strong fundamentals. In a new development, the Chicago Board Options Exchange (CBOE) has partnered with Gemini, the Bitcoin exchange backed by…

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Bitcoin News 3 August 2017 – Bitcoin Derivatives set to Ignite Prices

It’s the Bitcoin News, and what could be the news of the year leading as the top story today. Bitcoin derivatives are set to ignite prices as it is reported that the Chicago Board Options Exchange (CBOE) has partnered with Gemini, the Bitcoin exchange backed by Cameron and Tyler Winklevoss. This is part of a bid to launch cryptocurrency derivatives trading. The reason this is such important news is that all big financial institutions have an account on the CBOE and this could fire up cryptocurrency prices like we’ve never…

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Bitcoin News 2 August 2017 – Bitcoin Price Holds ground, Bitcoin Cash surges over 200% and Rising

Bitcoin News Today and the dominating story is the creation of Bitcoin Cash after a hard fork of the Bitcoin Blockchain on 1 August 2017. Bitcoin Cash Next process – splitting of Bitcoin and Bitcoin Cash to trade either way. Note: The Bitcoin Cash price has surged over 200% since recording the news.   This article from Bitcoin.com announces “Bitcoin Cash miners initiated the beginning of the fork on August 1 at 12:37 p.m. UTC at block height 478558. Now, six hours later Viabtc mined the first Bitcoin Cash block…

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Bitcoin News 26 July 2017 – Bitcoin Price Slumps as Bitcoiner Fear Rises ahead of BIP91

Bitcoin News today – As we approach 1 August and the implementation of BIP91 scaling solution, it appears that Bitcoiners are fearful of what might just happen in terms of a UASF (User Activated Soft Fork) and the possibility of creating Bitcoin Cash. Prepare yourself by making sure you have control of your private keys – use an offline hardware wallet at all times to protect your digital assets.   While this development is hot news that gets everyone excited, hopefully, the big news of the week does not go…

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BREAKING NEWS: Bitcoin BIP91 Locked In for SegWit Activation 1 August 2017

We have a resolution… Finally!  The scaling of Bitcoin, BIP91, has been locked in for 1 August 2017 as more than 93% of miners signaling support for SegWit2X.   source: CoinDance   The Bitcoin price has reacted to this news by increasing in value by over $500 in 24 hours.     A debate that has raged on since 2015, proving that Bitcoin is a democracy and an incredible store of value which cannot be taken lightly – no change can be forced on the community without agreement no matter…

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Bitcoin News 19 July 2017 – Bitcoin Hard Fork Not Likely, Bitcoin Price Reacts

Bitcoin News Today sees the Bitcoin price recovering since the shock drop on 16 July. The Ethereum price jumped by $60 over 24 hours as more support for the Enterprise Ethereum Alliance takes hold.  Is the bull starting to move again?   The Bitcoin price is reacting positively to the fact that the scaling of Bitcoin, BIP 91, is close to the necessary threshold of 80% of mining power. BIP91 is part of SegWit2X and miners have been signaling early which has made markets less volatile over the past couple…

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