Bitcoin, ‘Reliable Store Of Value,’ Collapses 20% In 48 Hours
Bitcoin collapsed on Monday, although “collapse” is a relative term when you’re talking about something that’s quadrupled over the spaceContinue Reading
Category: bitcoin
‘Celebrating’ A Banner Year For Gold, Bitcoin
2020 was a triumphant year for gold bulls, both of the traditional and digital variety. With central banks hell-bent toContinue Reading
Bitcoin, The $28,000 Derivative Of Netizens’ Collective Imagination
I suppose I’d be remiss not to mention Bitcoin coming off a Christmas rally that saw the digital token hitContinue Reading
‘Whoa’: Minerd, Bloomberg Interrupted Fed Coverage To Detail $400,000 Bitcoin Thesis
On Wednesday, Guggenheim’s Scott Minerd chatted with Bloomberg Television, as he’s wont to do, usually several times per month. AsContinue Reading
Same Narratives. Also, Bitcoin!
A largely unchanged narrative greeted traders and investors Thursday as lawmakers in Washington pressed ahead with laborious negotiations aimed atContinue Reading
Christmas Bubbles
Caution crept into global markets Thursday, as investors appear suddenly reticent after a month of big gains for global equitiesContinue Reading
New Bitcoin Mania Has People Making No Sense Again
We’ve reached the point in the latest Bitcoin upswing that I’m obliged to mention the rally. I almost used theContinue Reading
With Bitcoin 10 Times More Precious Than Gold, Ray Dalio Wonders If He’s ‘Missing Something’
“Investors” are flocking to Bitcoin as fears of currency debasement grow. That’s this week’s cryptocurrency narrative du jour. Of course,Continue Reading
Bitcoin Is Nothing
I always hesitate before putting digital pen to digital page if the subject is Bitcoin. As long-time readers are apprised,Continue Reading
Listless Drifting Amid RBA Tasseography, Crypto Surge, Brexit Burnout
Finally, you know it’s a languid day when cryptos are back in the news
Bitcoin ‘Guru’ Tom Lee Admits He Was Wrong On Consensus Rally, Blames ‘Unnatural’ Behavior
“…it seems natural that the combination of ‘sanity check’ (all is OK and progress is happening) plus ‘new interest’ (incremental attendance) should strengthen the crypto-community’s conviction.”
‘The Lambos Were Rented’: Consensus Bitcoin Rally Eludes Noted ‘Guru’ Thomas Lee
“I was told there would be a rally”.
Bitcoin Rallies Again, Is Up A Lot This Week Because People Are Still Stupid
Don’t forget, it’s a “disease.”