Monthly Archives: January 2017

Bitcoin longs Ramsay Bolton’ed

The news about the PBOC investigating exchanges is verified true and is being blown into a FUD tornado, or FUDNADO, if you will. In a world full of FUD it’s no surprise. Filtering the noise…..the Exchanges are not Bitcoin any more than the S&P500 is Google. Nothing has changed about Bitcoin. Exchange regulation is a sign of Bitcoin’s increasing influence and …

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Tips hat to OA for his well timed Bitcoin sell. Excellent as usual. Now, for the rest of the Internet declaring Bitcoin is dead please review these other 120 obituaries written about Bitcoin going back to 2010. You see, Bitcoin is a Sewer Rat. Bitcoin has been declared dead and crawled out of the grave many times to continue to rise in value and …

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New Year, New Market Cap High in Bitcoin

On December 7th with Bitcoin at ~$770 I posted you had your last chance to buy before a run to $1,000. Today Bitcoin hit $1,000. That’s ~25% return in less than 30 days. What now? Well, here’s a possible scenario: I don’t like the vertical upward trend. It’s too volatile, however the long term trend is the cup and handle. …

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