Monthly Archives: March 2017

Bitcoin D Day approaches

Bitcoin is facing it’s own Brexit. Here’s what you need to know. Similar to US Government, Bitcoin has three branches governing it: Developers (Legislative), Miners (Executive) and Users (Judicial). Legislative power: The Developers create new code (Laws). Executive power: Miners run the version of Bitcoin that is in the best interest of Miners. They can work with any party of …

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Dotcom 2.0: Cryptocurrencies in a bubble

Ethereum, DASH and Monero are the #2, #3 and #4 Cryptocurrencies by market cap behind Bitcoin. They are also in a huge bubble that’s been created the past few weeks. Here are some numbers: Ethereum: up 178% in 30 days DASH: up 350% in 30 days Monero: up 60% in 30 days     When Bitcoin is up the “alt …

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Bitcoin is back

Bitcoin shrugged off the SEC’s decision to deny the Bitcoin ETF. Bitcoin is now back to prices seen…earlier this month. The absolute horror. Bitcoin has been declared dead more times than Freddy, Jason and the T800 combined. 125 times in fact. Here is why the SEC really rejected Bitcoin. A few select quotes: The SEC doesn’t protect retail investors from anything, …

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Bitcoin ETF DENIED by SEC

UPDATE: ETF denied. Bitcoin dead cat bounced off $1,000. I think we’ll have a final capitulation spike down and then resume upward trajectory for rest of 2017. 4 years in the making and the entire ETF drama will be forgotten by next week. Bitcoin ETF denied. This is good for Bitcoin because….https://t.co/tmF0BZHvQG — En1gma (@ibcen1gma) March 10, 2017 —— The …

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