Bitcoin is a Bubble

Many have had their say over the past couple of weeks.  From Jamie Dimon (JP Morgan) slating Bitcoin and calling it a “FRAUD” to James Gorman, CEO of Morgan Stanley, recognizing that Bitcoin is “more than just a fad.”  Now Mike Novogratz, ex-hedge fund manager, formerly of the investment firm Fortress Investment Group says Bitcoin is the largest bubble we will see in our lifetimes.   An excerpt from Bloomberg article “A Crypto Fund King Says Bitcoin Will Be the Biggest Bubble Ever” “Remember, bubbles happen around things that fundamentally change…

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Another Bitcoin in the making?

Bitcoin, Bitcoin Cash and now Bitcoin Gold? Is this really happening? Interesting to note that a number of developers believe there will be more hard forks in the future which will create another “Bitcoin”.   Details are still a bit unclear, however, we are sure to hear more about this developing story.  Let’s keep our eyes on this.   Read in more detail here  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…

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World Money in Perspective – How Big is Bitcoin now?

How big is Bitcoin in relation to the rest of the world’s money?  Have you missed the opportunity if you haven’t invested yet?  It’s time to put things into perspective.   Bitcoin is just over 8 years old and much of the world still has no idea what Bitcoin actually is.  Considering the fact that Bitcoin has just begun and started at zero value, the growth in the cryptocurrency has strengthened year on year as more acceptance and adoption takes place.  Interesting to note, the current market cap of Bitcoin…

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Bitcoin News 19 June 2017 – Bitcoin drives down Remittance costs

Bitcoin News Today – The Bitcoin price seems to be consolidating over $2500 during the past few days and Ethereum seems to be consolidating over the $350 mark. Both have had enormous growth over the past month with the market cap for all cryptocurrencies being over $110 billion.     Other news headlines:-   Blockchain in France: A Primer on an Emerging Market How to start a Fake Cloud Mining business, Easy and Risk-free – Uncle Scam Chinese Explore Future of OTC Trading at Bitcoin Meetup Venezuelans Are Seeking a…

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Bitcoin News 14 June 2017 – Ethereum Value Proposition Booming

Bitcoin Today – the Bitcoin price, as well as the Ethereum price, are doing a sideways shuffle while 24-hour trading volume between the two is reported close.  Ethereum value proposition is booming as governments, central banks, businesses and influx of ICO’s is apparent.     Other news headlines:-   PwC Principal: Cryptocurrencies Could Power New Economy Morgan Stanley Says Bitcoin Needs Regulation to Keep Rising “Due To Popular Demand” Goldman Starts Covering Bitcoin Bitcoin Exchange Coinbase Suffers ‘Major Outage’ Amid Trading Frenzy Battle of the Giants – Bitcoin vs Ethereum…

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Bitcoin News 12 June 2017 – Bitcoin and Ethereum top $113 Billion Cryptocurrency Market

Bitcoin News Today – The Bitcoin price hit new highs of over $3000 only to drop below shortly thereafter – Ethereum is gaining huge momentum reaching the $400 level as fundamentals are strengthening. Bitcoin and Ethereum top the $113 Billion Cryptocurrency Market!   Other news headlines:- Bitcoin, Ethereum and a New Direction for Cryptocurrency Investment Criminals Hijack Linux Servers Through SambaCry Exploit to Mine Monero 4 Reasons Why Bitcoin Is Not In A Bubble What is Ethereum – Explaining the World’s Supercomputer Blockchain Brings Privacy to Genomic Data   Top…

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Bitcoin vs. British Pound – The Shocking Truth!

The past year has been an interesting one for the UK, beginning with the unexpected BREXIT result from the 23 June 2016 referendum which called for leaving the European Union. The British Pound dropped sharply after this result and market uncertainty continued as Prime Minister David Cameron resigned. In stepped Prime Minister Theresa May and BREXIT Article 50 was triggered on 29 March 2017.  In a surprise move, an early election was called by Prime Minister Theresa May thereafter. Now more uncertainty abounds after the election results of a HUNG…

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