Bitcoin Soars Above $1950 (Despite Losing Crypto Dominance)

Bitcoin Soars Above $1950 (Despite Losing Crypto Dominance):

Despite Bitcoin dropping below 50% of total cryptocurrency market cap for the first time, the dominant virtual currency has continued to soar this week, breaking above $1950 this morning (as the dollar drifts lower).

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Bitcoin Soars Over $1700 – 2017’s Best-Performing Currency

When the internet goes down, Bitcoin and all those other virtual currencies are GONE,

until then it might be a great investment.

Maybe I am wrong on Bitcoin.

We will see.


Bitcoin Soars Over $1700 – 2017’s Best-Performing Currency:

Bitcoin is now up for 16 of the last 18 days, soaring over 50% in the last month and up almost 90% in 2017 – making its the year’s best performing currency.
….

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Why Governments Are Trying to Clamp Down on Bitcoin

Why Governments Are Trying to Clamp Down on Bitcoin

H/t reader squodgy:

“Do we really think the Bankster elite will let Digital Currency in general & Bitcoin in particular, get out of their clutches indefinitely?

Fat chance.

They’ve spent the last five years scheming, and now they have the answer….compliance to an approved standard code.

That can only lead to registration and the eventual demise of the ‘freedom & secrecy”.”

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Better Bet: Gold or Bitcoin? (Video)

28.02.2017

Peter Schiff on CNBC 2/27/2017

I’ve said many times that, in my opinion, only PHYSICAL gold and silver are real and everything else will turn out to be an illusion, when the financial collapse will happen.

I’ve stated about Bitcoin, that (in my opinion) all those virtual Bitcoins will dissolve into thin air …. aaaand they are gone‘, when the system (and the internet) will go down .

“Tulip Mania 21st century style.”

And good luck with those worthless gold ETFs, that will turn out to be backed by nothing.

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As Bitcoin Surges To Record High, China Prepares Its Own Digital Currency

FYI.


As Bitcoin Surges To Record High, China Prepares Its Own Digital Currency:

Bitcoin is a primary means of capital flight out of China. How long will that last? Here’s one key thought on bitcoin from the article: “OKCoin is among cryptocurrency exchanges that has recently taken steps to halt bitcoin withdrawals amid efforts to clamp down on capital outflows.When China launches its own cryptocurrency, will it ban Bitcoin transactions? If so, what happens to the price of Bitcoin?

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