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…

Read More

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…

Read More

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, ……

Read More

Reasons Why the Bitcoin Price is Booming

Bitcoin is booming as believers and skeptics alike watch on.  Some influential people have been giving their opinions regarding Bitcoin – calling the cryptocurrency anything from “fraud” to “bubble” as well as predictions that the price is “heading towards $25,000”. There are a number of reasons why Bitcoin has so rapidly escalated during 2017, a few of which are highlighted in the short video below.       Graph showing growth over the past 12 months – Cryptocompare     Japanese Yen buying the lion’s share of Bitcoin     Top…

Read More

Bitcoin Support in Japan Rapidly Escalating

Since the Japanese Government legalized Bitcoin as a payment system, the adoption of the cryptocurrency by the people, the value increase as well as the dominance of the Yen in the global traded volume has been rapidly escalating.       BTC Volume by Currency     Price Chart   Japan Driving Government Adoption   Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave your questions and comments below: What is EOT?  Learn more by clicking on the image BELOW   Introducing the World’s First Blockchain phone,…

Read More

Bitcoin News 29 August 2017 – SEC Clamping Down on ICO’s

Bitcoin News today leads with the news that The U.S. Securities and Exchange Commission (SEC) issued a warning about companies making Initial Coin Offering (ICO) claims, market manipulation as well as “pump and dump” schemes. The number of ICO’s has rapidly escalated during 2017 and this has piqued the interest of regulators from China to the USA.       In other News Headlines:-   Saxo Bank – A Denmark-based multi-asset and trading institution just added exchange-traded notes for Bitcoin. The bank recently stated they are allowing clients to gain…

Read More

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…

Read More

Bitcoin News 18 August 2017 – Investors Globally Looking to Bitcoin

Bitcoin News Today and leading story for the day is the announcement that Fisco, a Japanese financial information company, announced that they have issued a Bitcoin bond. Since the Japanese made Bitcoin legal tenders in April 2017 much progress has been made in terms of adoption of the digital asset. A Bitcoin-backed bond would allow large institutions to store value and be more accepting of Bitcoin.   Digital Assets are getting closer to traditional investments. Just recently, it was reported that Bitcoin options, futures and an exchange-traded fund that track…

Read More

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…

Read More

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…

Read More