Bitcoin

You Know Bitcoin Is About To Crash When… Jim Cramer Goes Batty: “Bitcoin May Hit $1,000,000”; Act Now Before It’s Too Late!

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– Jim Cramer Goes Batty: “Bitcoin May Hit $1,000,000”; Act Now Before It’s Too Late!:

It’s hard to know when bub

bles will end but when analysis goes ape-sh*t batty, it’s easy to know the bubble exists.

Jim Cramer’s analysis of Bitcoin provides a perfect example.

CNBC reports Cramer says it’s possible bitcoin could reach $1 million one day.

Read moreYou Know Bitcoin Is About To Crash When… Jim Cramer Goes Batty: “Bitcoin May Hit $1,000,000”; Act Now Before It’s Too Late!

Dr. Paul Craig Roberts: Is Bitcoin Standing In For Gold?

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– Is Bitcoin Standing In For Gold?:

Paul Craig Roberts and Dave Kranzler

In a series of articles posted on www.paulcraigroberts.org, we have proven to our satisfaction that the prices of gold and silver are manipulated by the bullion banks acting as agents for the Federal Reserve.

The bullion prices are manipulated down in order to protect the value of the US dollar from the extraordinary increase in supply resulting from the Federal Reserve’s quantitative easing (QE) and low interest rate policies.

Read moreDr. Paul Craig Roberts: Is Bitcoin Standing In For Gold?

GOLD, SILVER or BITCOIN-CRYPTO CURRENCIES: Where Will The Big Money Be Made?

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– GOLD, SILVER or BITCOIN-CRYPTO CURRENCIES: Where Will The Big Money Be Made?:

When the Central Banks finally lose control of propping up the markets, will the BIG MONEY be made in owning gold, silver or crypto-currencies?  This is the question many investors who are focused on “alternative assets”, outside the typical mainstream stock, bond and real estate markets, are asking.

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H/t reader squodgy:

“Does anyone know at this stage?

It’s all guesswork.”

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Clint Eastwood’s advice on Bitcoin speculation

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– Clint Eastwood’s advice on Bitcoin speculation:

In 1559 while on a trip to southern Bavaria, Swiss scientist Conrad Gesner spied a curious flower in the garden of a diplomat in Augsburg.

The flower was called a tulip, derived from the Persian word dulband, meaning “turban,” which described its conspicuous shape.

Gesner was intrigued.

He asked the man who owned the flower about its origins and determined that it came from Constantinople in the Ottoman Empire, modern-day Istanbul.

Soon the tulip began spreading across Western Europe.

Read moreClint Eastwood’s advice on Bitcoin speculation

“It’s Pure Frenzy” – Bitcoin Extends Overnight Gains, Rises 200% Year-To-Date

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FYI.

– “It’s Pure Frenzy” – Bitcoin Extends Overnight Gains, Rises 200% Year-To-Date:

More Japanese exuberance overnight (as USDJPY and Nikkei stumbled hard) sent Bitcoin to fresh record highs, blowing through $2800 and nearing $2900 this morning – now up 200% year-to-date.

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“It’s Like Buying A Dream” Japanese and South Korean Investors Fuel Bitcoin’s Meteoric Rise

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– “It’s Like Buying A Dream” Japanese and South Korean Investors Fuel Bitcoin’s Meteoric Rise:

“After I first heard about the bitcoin scheme, I was so excited I couldn’t sleep. It’s like buying a dream… Everyone says we can’t rely on Japanese pensions anymore… This worries me, so I started bitcoins.“

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Better not wake up!

BITCOIN vs. GOLD: Which is the better long-term strategy for securing assets? Sobering analysis will anger some…

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FYI.

– BITCOIN vs. GOLD: Which is the better long-term strategy for securing assets? Sobering analysis will anger some…:

Across the independent media, there’s a fierce debate raging between those who promote GOLD vs. others who are advocating BITCOIN. I’ve been a long-time gold advocate and Bitcoin advocate, although I recently warned that Bitcoin was overbought and headed for a massive correction. In less than 24 hours after that warning, Bitcoin began a plunge that took it down nearly 30%. It has since partially recovered to the $2500 range, and the debate rages on.

What’s interesting about this debate is that all of us who are pro-gold and pro-Bitcoin are anti central banking. We all understand the total currency collapse that’s coming for fiat currencies such as the dollar. We are all fully informed of the massive theft of purchasing power taking place every day due to the endless money printing of the central banks, and we all want to promote and pursue strategies for asset protection that minimize risk.

Read moreBITCOIN vs. GOLD: Which is the better long-term strategy for securing assets? Sobering analysis will anger some…

Raoul Pal Slams Bitcoin: “It’s Not The Store of Value People Thought It Was”

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– Raoul Pal Slams Bitcoin: “It’s Not The Store of Value People Thought It Was”

Raoul Pal, one of the most effective critics of mainstream economics, is cashing in his Bitcoins. Gold is a better wealth preservation tool, he says.

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Bitcoin Surges Back Above $2450 After China Eases Exchange Controls

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– Bitcoin Surges Back Above $2450 After China Eases Exchange Controls:

Bitcoin has retraced over half its losses from last week‘s tumble, rallying back above $2450 oveenight after news that China’s three largest bitcoin exchanges are allowing customers to withdraw bitcoins from their accounts.

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When Bitcoin appeared and the alternative media was all happy about it,…

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… I was thinking, what if this is the future new wold currency and we are happily helping TPTB to install the new global currency system?

And when it came out that people, like Bilderberger Peter Thiel, were investing into it, that uneasy feeling about Bitcoin, aside that it is a virtual currency, that is backed by absolutely nothing, was not getting any better.

If you have time, then watch this video (in case you haven’t done so already):

– Mini Ice Age Food Price Rises, Crypto Currency Explodes as Global Economic Decline Begins (Video):

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The Real Reason To Own Bitcoin

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– The Real Reason To Own Bitcoin:

“Cryptocurrency is today’s printing press – a truly game-changing technology that the ruling elite sees as a threat to their control…The only reason banks enjoy such immense power is because they control the money… Cryptocurrency disrupts this absurd middleman monopoly.”

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… UNLESS TPTB are secretly installing the new global currency system, before the financial collapse takes place, through the backdoor:

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Don’t Fall For The Hype: Bitcoin Isn’t A Safe Haven Asset

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– Don’t Fall For The Hype: Bitcoin Isn’t A Safe Haven Asset:

If you were aware of bitcoins seven years ago, you were probably mocking the idea of a cryptocurrency. After all, who would pay money for useless digits on a screen? But don’t feel too bad about not buying bitcoins when they were cheap. Even the people who were interested in bitcoins early on had no idea that they’d be worth anything.

That’s certainly case with Laszlo Hanyecz. On May 22nd, 2010, Laszlo made history when he made the very first purchase with bitcoins. He spent 10,000 of them to buy two measly Papa John’s pizzas. Considering the impressive rise in the price of bitcoins over the past few weeks, it’s safe to say that if he hadn’t made that purchase, his life would probably be very different right now.

Read moreDon’t Fall For The Hype: Bitcoin Isn’t A Safe Haven Asset

Bitcoin mania headed toward catastrophic correction

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– Bitcoin mania headed toward catastrophic correction:

MIKE ADAMS–-Disclaimer: I am pro-Bitcoin and pro crypto-currency. For 15 years, I have publicly and repeatedly criticized the central banks, fiat currency systems and the systematic theft of purchasing power from the People by corrupt banking cartels. This is not a hit piece on Bitcoin but rather a rational analysis of why the current Bitcoin BUBBLE is dangerous for novice investors as well as the long-term reputation of the Bitcoin crypto currency. I have mined a few Bitcoins over the last two years. I now hold just 0.25 Bitcoins in total, having just traded almost my entire Bitcoin wallet for physical gold. (Yes, somebody gave me GOLD in exchange for a virtual wallet. Seriously.) Why did I do that? Because I can do math. Here’s what I discovered:

Read moreBitcoin mania headed toward catastrophic correction

A New Financial System is Being Born

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FYI.

– A New Financial System is Being Born

H/t reader squodgy:

“Reading this has clarified a lot about bitcoin.
In fact as the banking fraternity are secretly preparing to change our world, it seems cryptocurrency just might be an alternative parallel system to whatever the criminal zionists force upon us. Will read more.”

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