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Category: bitcoin

Bitcoin Rallies Again, Is Up A Lot This Week Because People Are Still Stupid

April 13, 2018April 13, 2018

Don’t forget, it’s a “disease.”

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5 Comments on Bitcoin Rallies Again, Is Up A Lot This Week Because People Are Still Stupid

Bitcoin Jumps $1,000 In Insane Morning Surge

April 12, 2018April 12, 2018

Ummmm…

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2 Comments on Bitcoin Jumps $1,000 In Insane Morning Surge

Bitcoin As An ‘Infectious Disease’: One Bank Says The Crypto Plague Is Almost Over

April 10, 2018April 10, 2018

“”Like the infection analogy, the population divides into three groups: ‘susceptible’ individuals who are vulnerable but not yet infected; ‘infected’ individuals; and those who are ‘immune’.”

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1 Comment on Bitcoin As An ‘Infectious Disease’: One Bank Says The Crypto Plague Is Almost Over

G-20 Thinks Maybe Your Cryptocurrencies Aren’t ‘Money’ And That Means It’s Tax Time!

March 20, 2018

Cryptos “lack the traits of sovereign currencies,” the draft says. 

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12 Comments on G-20 Thinks Maybe Your Cryptocurrencies Aren’t ‘Money’ And That Means It’s Tax Time!

Train Wreck.

March 19, 2018March 19, 2018

Monday was a train wreck from start to finish.

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6 Comments on Train Wreck.

Allianz: Bitcoin’s Intrinsic Value ‘Must Be Zero’

March 14, 2018

“So is this the end of the hype about bitcoin as the future of global currencies?”

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Jeff Gundlach Discovers ‘Strange, Weird’ Truth About Bitcoin And Stocks

February 24, 2018February 24, 2018

“Strangely, bitcoin seems to be the poster child for social mood and market mood.”

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Mark Carney Thinks Maybe Bitcoin Is A Useless Piece Of ‘Failed’ Digi-Shit

February 19, 2018February 19, 2018

I forgot about the burgeoning “flying urban tax market”…

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3 Comments on Mark Carney Thinks Maybe Bitcoin Is A Useless Piece Of ‘Failed’ Digi-Shit

Ethereum Founder: Cryptocurrencies Can ‘Drop To Near-Zero At Any Time’

February 19, 2018February 19, 2018

Preach.

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Tom Lee’s Latest Bitcoin Prediction Is Here (That Is Its Own Joke)

February 15, 2018

Listen, Fundstrat Global Advisors’ Tom Lee is a guy who knows Bitcoin, ok?

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1 Comment on Tom Lee’s Latest Bitcoin Prediction Is Here (That Is Its Own Joke)

‘Coincidence? We Don’t Think So’: Pinnacle In S&P P/E, Bitcoin Was ‘Peak Excitement’, Morgan Stanley Says

February 12, 2018

So watch bonds. And the dip buyers. Oh, and maybe Bitcoin, too…

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Eddy Zillan’s i8, A Cryptopia In Puerto Rico And Why Bitcoin Is Going To Zero

February 7, 2018February 7, 2018

But here’s the thing. I’ve got to tell you that I don’t think I have ever witnessed anything that is as absurd/insane as the cryptocurrency mania.

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5 Comments on Eddy Zillan’s i8, A Cryptopia In Puerto Rico And Why Bitcoin Is Going To Zero

Epsilon Theory’s Latest: Too Clever By Half

February 7, 2018February 7, 2018

“Render unto Caesar the things that are Caesar’s. Wise words 2,000 years ago. Wise words today.”

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2 Comments on Epsilon Theory’s Latest: Too Clever By Half

Bitcoin Dives Below $7,000 As SEC, CFTC Heads Set To Talk Regulation, Oversight

February 5, 2018February 5, 2018

Folks, it is falling apart for Bitcoin.

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Bitcoin Falls Below $8,000 (Again) As Hedge Fund Shorts Jump Fivefold

February 4, 2018February 4, 2018

Well, Bitcoin is all to hell again.

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1 Comment on Bitcoin Falls Below $8,000 (Again) As Hedge Fund Shorts Jump Fivefold

Big Banks Slam Door On Bitcoin Purchases Using Credit Cards

February 3, 2018

“But the Reddit threads said there would be Lambos!”

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1 Comment on Big Banks Slam Door On Bitcoin Purchases Using Credit Cards

Bitcoin Crashes Below $8,000 As Crypto Rout Accelerates

February 2, 2018February 2, 2018

The bubble is popping. And it’s hilarious.

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5 Comments on Bitcoin Crashes Below $8,000 As Crypto Rout Accelerates

‘People Are Getting Scared’: Bitcoin Dives As India Vows To ‘Eliminate’ Cryptocurrencies Because You Know, Fake-Ass Money And Shit

February 1, 2018February 1, 2018

Ok, well Bitcoin and the rest of the cryptosphere didn’t need any more bad news after last Friday’s Coincheck theft and after the CFTC subpoenaed Bitfinex and Tether, but when it rains it pours…

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Goldman Reportedly Angry That CFTC Didn’t Give Them Proper Heads Up On Bitcoin Futures Launch

January 31, 2018

“It’s critical for major clearing firms like Goldman to be prepared.”

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Cryptos Dive As CFTC Subpoenas Bitfinex And Tether Who Maybe, Maybe Doesn’t Have That $443 Million

January 30, 2018January 30, 2018

Cryptos were already on the back foot Tuesday, so things probably didn’t need to get any worse, but they just did anyway.

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Coincheck Didn’t Bother With ‘Basic Security Protocols’ Because The Worst That Could Happen Is A $400 Million Theft

January 29, 2018January 29, 2018

The “scene” Bloomberg is describing apparently involved furious Japanese customers huddled together in the freezing cold…

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9 Comments on Coincheck Didn’t Bother With ‘Basic Security Protocols’ Because The Worst That Could Happen Is A $400 Million Theft

Carnage In Cryptocurrencies As Coincheck Withdrawal Halt, NEM Collapse Rattle Market

January 26, 2018January 26, 2018

How many times have we said it? Almost everyone needs an exchange. 

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2 Comments on Carnage In Cryptocurrencies As Coincheck Withdrawal Halt, NEM Collapse Rattle Market

Bitcoin And VIX Correlation Has Increased ‘Dramatically’: The ‘New Frontier Of Risk-Taking’

January 24, 2018

And there you go. Another way for cryptocurrencies to morph into a systemic risk…

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Bitcoin Falls Below $10,000 (Again) As South Korea Stamps Out Anonymous Trading

January 23, 2018January 23, 2018

The “revolution” has seen better days.

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4 Comments on Bitcoin Falls Below $10,000 (Again) As South Korea Stamps Out Anonymous Trading

Nassim Taleb Takes Break From Stone Lifting To Explain How Bitcoin Frees Humanity From ‘An Orwellian Future’

January 22, 2018January 22, 2018

Speaking of “stable geniuses”… 

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6 Comments on Nassim Taleb Takes Break From Stone Lifting To Explain How Bitcoin Frees Humanity From ‘An Orwellian Future’

Bitcoin, Cryptos Dive As Nordea Bans Trading In ‘Absurd, Joke’ Assets

January 22, 2018January 22, 2018

Well, cryptos are crashing – again.

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Uber Bull ‘Steve’ Still Loves Stocks But Thinks Maybe Bitcoin Is ‘Pets. com’

January 21, 2018January 21, 2018

When you lose Steve…

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3 Comments on Uber Bull ‘Steve’ Still Loves Stocks But Thinks Maybe Bitcoin Is ‘Pets. com’

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