Bankers, Investors and Economists on Bitcoin during 2017

2017 has been the year that Bankers, Investors, and Economists have had a lot to say about Bitcoin and cryptocurrency in general.  Some views are bearish, some are bullish and some confess to not understanding this new market at all and prefer to stay away.     Watch this short video, read their quotes and consider their views.  Decide which direction you will follow.         Read the full article – Click Here     Perhaps the cybercrime during 2017 is concerning to some – 2017 Blockchain and Cryptocurrency…

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2017 Blockchain and Cryptocurrency Hacks, Scams and Attacks

As the total cryptocurrency value continues to rise, so do the hacks, scams, and attacks in our new digital economy.   From false ICO’s, wallet hacks and deliberate scams, approximately $490 million was taken from the unsuspecting. CoinDesk examines the seven biggest cybercrimes involving the blockchain and cryptocurrency.  Watch this short video to learn more.       Read the full article – Click Here  How to hack Bitcoin Is Bitcoin a pyramid scheme or Ponzi? Get your copy of What is Bitcoin This e-book on Amazon explains what Bitcoin…

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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…

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Bobby Lee’s Crazy Bitcoin Price Prediction

Everyone has a stab at predicting the Bitcoin price… this prediction from Bobby Lee just five months ago for Bitcoin to reach $17,000.  Now, his next prediction is $55,000 for one Bitcoin!  Will he be on target?       As Bitcoin has had a meteoric rise in 2017… from around $1000 in the beginning of 2017 and seventeen times more towards the end of 2018!   What is predicted for 2018…         The Bitcoin price is very bullish for 2018 as Cboe and CME groups launch Bitcoin Options and…

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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 28 August 2017 – Bitcoin EFT’s Become More Likely as New ETF’s filed with SEC

Bitcoin News today with the leading story reporting that two more Bitcoin ETFs have been filed with the U.S. Securities and Exchange Commission (SEC). “Rex Bitcoin Strategy ETF” and “Rex Short Bitcoin Strategy ETF”. Their investments will include US-listed Bitcoin derivatives. Once ETF’s are listed on stock exchanges, this will open up the opportunity for thousands of investors such as institutions, banks, pension funds, insurance funds, hedge funds and any individual who has an account with the stock exchange. This could put a fire under Bitcoins price. According to a…

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Bitcoin Setting New Highs over $4000 Fueled by Japanese Demand

The Bitcoin price has soared to new highs over $4000 and ramping up to $4183 on Cryptocompare. Many are questioning what the reasons for this surge in price. According to reports below, the Japanese Yen is the highest traded Bitcoin volume at this time.   This comes as no surprise.  In a bold step forward into the digital economy, Japan made Bitcoin a legal payment system on 1 April 2017, and since then there has been significant Institutional, Investor, Consumer and Merchant adoption.   The legality of Bitcoin and adoption…

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Bitcoin News 11 August 2017 – Bitcoin Price Blasts Past $3500!

Bitcoin News today leads with the Breaking News that the Bitcoin price has blasted past the $3500 level and heading upward. As Bitcoin trades around the clock, this could be a very interesting weekend ahead.   There could be a number of reasons why this price is moving to these new all time high levels. Firstly, SegWit was activated and then locked in on 8 August. SegWit on the Litecoin network has no issues emerge, which bodes well for Bitcoin. The development team has released a roadmap for SegWit2X, which…

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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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Bitcoin News 7 August 2017 – Bitcoin Price Soars beyond $3400

Bitcoin News today sees the Bitcoin price rise above $3400 in the wake of SegWit activation on 1 August 2017, and the subsequent birth of Bitcoin Cash. High traded volume supporting the soaring price as investors rush to own Bitcoin.     Some investors are paying an almost 75% premium just for exposure to Bitcoin and this relates to Grayscale Bitcoin Trust, the only exchange traded Bitcoin product on the market today.   The SEC is changing guard as the existing top official in charge of approving new financial products…

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