Bitcoin Bloodbath Thursday: Price Nosedives As $53 Billion In Profit Taking Wiped Off Crypto Market Cap

Bitcoin prices suffered a meltdown Thursday after bottoming out at $7,676 before recovering somewhat. In a sell-off that kicked into high gear yesterday, the market capitalization of the entire cryptocurrency market lost a whopping $53 billion in value. The market cap of all the world's virtual currencies totaled $319.9 billion as of this writing, down from $372.9 billion … Continue reading Bitcoin Bloodbath Thursday: Price Nosedives As $53 Billion In Profit Taking Wiped Off Crypto Market Cap

Dark Pools In Cryptocurrency Trading Is Increasing

It was only a matter of time. Dark pools, which are notorious for their anonymous transactions, are making their presence felt in cryptocurrency markets. According to a WSJ report, Republic Protocol, which describes itself as a decentralized dark pool for atomic trading of bitcoin, ether, and ERC20 tokens, has raised 35,000 ether ($33.8 million) from crypto … Continue reading Dark Pools In Cryptocurrency Trading Is Increasing

Rigging Of The Block Chain ~ $300 Million Vanishes With A Click: U.S. Bitcoin Becoming More Isolated

Bitcoin’s meteoric rise [JP Morgan Involved] in price has been accompanied by a predictably parallel rise in the contorted lunacy we seem to witness in every irrational bubble, no matter what its origin. The Bitcoin bubble delusion has become so convincing to some people that they now believe Bitcoin is the “new gold” or “better … Continue reading Rigging Of The Block Chain ~ $300 Million Vanishes With A Click: U.S. Bitcoin Becoming More Isolated

Fiat Bitcoin Centralizers Decided To Do Another Fiat Hard Fork For You On October 25, 2017

Bitcoin’s growing pains continue, it seems. Throughout the year and leading up to the summer, investors, developers, and miners [The Elite Centralizers] engaged in a difficult and at times tense debate about how to scale the cryptocurrency to accommodate the growing customer base and transaction volume. The result was the adoption of new protocols which … Continue reading Fiat Bitcoin Centralizers Decided To Do Another Fiat Hard Fork For You On October 25, 2017

Digital Fools Gold: Bitcoin Alchemy

Recently, Jamie Dimon of Citibank made headlines by labeling Bitcoin a fraud. Whether those comments played any part in Bitcoin’s recent sell off is hard to say, but the true believers reacted with predictable outrage given that the comments came from the ultimate Wall Street insider whose financial supremacy is supposedly threatened by crypto currencies … Continue reading Digital Fools Gold: Bitcoin Alchemy

South Korea Outlaws Cryptocurrencies Following China & Russia

Ethereum and bitcoin dropped after South Korea banned domestic initial coin offerings and margin trading in cryptocurrencies. The Financial Services Commission in Seoul said all forms of ICOs are prohibited in the country, including projects that share profits, rights, dividends, and other "coin-style" offerings, according to a statement. The commission also banned the practice of … Continue reading South Korea Outlaws Cryptocurrencies Following China & Russia

Russia & China Outlawed Cryptocurrencies

ANOSINO, September 25. /TASS/. The draft law on regulation of cryptocurrencies will be ready in October, according to Head of the State Duma for the Financial Market Committee Anatoly Aksakov. "I think we will determine it within a month. I think in October, and then we will discuss it before submitting it," Aksakov said. Experts … Continue reading Russia & China Outlawed Cryptocurrencies

The Petrodollar Doomsday Clock Just Ticked Closer To Midnight

https://youtu.be/yeN7jIQkUnQ Don’t be Duped! [I do not believe the East will go along with the IMF running the show using the SDR.  I want to point out;… the IMF was originally a U.S. led creation whereby the U.S. had and has control via it’s veto power.  How exactly does changing from one “paper” currency to another … Continue reading The Petrodollar Doomsday Clock Just Ticked Closer To Midnight

Bitcoin aka ‘Digital Bit On A Spread Sheet’: Crashes On Massive Volume As China Plans To Shut Local Exchanges

Having bounced back dramatically from the 20% plunge following China’s ban of ICOs, Bitcoin is getting battered again this morning on very heavy volume as Caixin reports Chinese authorities plan to shut local Bitcoin exchanges. The supervisory authority has decided to close the exchange of virtual currency in China , which involves all the currencies and currencies of … Continue reading Bitcoin aka ‘Digital Bit On A Spread Sheet’: Crashes On Massive Volume As China Plans To Shut Local Exchanges