Goldman To Nervous Bitcoin Traders: Be Patient, The Next Surge Will Take It Above $3,600

Will the ‘Muppets‘ ever learn?

Is it Goldman’s job do lure them all in before the coming collapse?

Goldman To Nervous Bitcoin Traders: Be Patient, The Next Surge Will Take It Above $3,600:

“Bitcoin could make a marginal new low –to ~1,786—but again, not much further than there. Anything above 3,000 (Jun. 13th high) will suggest potential to have already started wave V, which again has a minimum target at 2,988 and scope to reach 3,691.”

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Bitcoin Surges Above $2500 Following Goldman’s Bullish Note As ‘Civil War’ Ends

Bitcoin Surges Above $2500 Following Goldman’s Bullish Note As ‘Civil War’ Ends:

Bitcoin is up 40% from its weekend lows as the combination of a bullish Goldman Sachs note on the virtual currency and a major sigh of relief that the potential ‘civil war’ over cryptocurrency’s scaling solutions appears to be over (with over 80% of the hashrate currently voting for the protocol upgrade).

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Ethereum Suddenly Crashes 20% Amid Chatter Of More ICO Fraud; But Goldman Sees Bitcoin Testing $3000

Ethereum Suddenly Crashes 20% Amid Chatter Of More ICO Fraud; But Goldman Sees Bitcoin Testing $3000:

Two days ago we saw the first ICO fraud exposed (as CoinDash was hacked), and after a big rebound the last two days (as civil war seems to have been peacefully resolved with 80% of hashers reportedly accepting SegWit), Ether is suddenly crashing again as several tweets mention more (and larger) ICO hacks.

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Bitcoin Soars As Much-Feared Network Split Appears To Be Avoided

Bitcoin Soars As Much-Feared Network Split Appears To Be Avoided:

Bitcoin and other virtual currencies have rallied hard  this week as growing support for a controversial software update suggests that a long-feared network split might be averted, and the issue settled…at least for now.

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Bitcoin Bounce Sparks John McAfee To Forecast $500,000 Price Or He’ll “Eat His Own D*ck On Live TV”

See, drugs are bad for you…

Bitcoin Bounce Sparks John McAfee To Forecast $500,000 Price Or He’ll “Eat His Own D*ck On Live TV”:

“so 1BTC $500k within 3 years?” ... “if not, I will eat my own dick on national television”

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Bitcoin, Ethereum Plunge Accelerates As Scaling Deadline Looms

Bitcoin, Ethereum Plunge Accelerates As Scaling Deadline Looms:

Yesterday it was Bitcoin, today it is Ethereum that is taking the brunt of selling pressure (down 20%) but the dumping of virtual currencies is evident across the entire crypto space with the biggest market cap coins tumbling to 2-month lows

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Bitcoin Battered Below $2000, Ethereum Tumbles As August 1st Scaling Deadline Looms

Bitcoin Battered Below $2000, Ether Tumbles As August 1st Scaling Deadline Looms:

It’s another ugly day in cryptocurrency land. As anxiety over the looming ‘civil war’ deadline of August 1st grows, so it appears the entire virtual currency space is being derisked, with Bitcoin down over 10% today (below $2000) and Ether down 6% (at around $175).

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Cryptocurrency Carnage: #Bitcoin Trades Below $2200, #Ethereum Tumbles Below $200

Cryptocurrency Carnage – Bitcoin Trades Below $2200, Ether Tumbles Below $200:

The ten largest cryptocurrencies (by market cap) are all getting hammered once again today as the August 1st deadline for Bitcoin’s ‘civil war’ looms ever closer.

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Crypto ‘Civil War’ Looms – The July Ethereum Price Crash And The August Fork

Crypto ‘Civil War’ Looms – The July Ethereum Price Crash And The August Fork:

The last 48 hours have seen a significant collapse in the prices of nearly all crypto-currencies with Bitcoin at one-month lows, and Ethereum tumbling below $200, but volatility is not expected to subside as August 1st looms as Bitcoin undergoes a ‘coming of age’ and the current ‘civil war’ between Core and miners comes to a head…

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Ethereum Mining Frenzy Leads To German Graphics Card Shortage, Retailer Pulls Cards (Updated)

Ethereum Mining Frenzy Leads To German Graphics Card Shortage, Retailer Pulls Cards (Updated):

Update, 7/10/17, 8:10am PT: MindFactory told us that, in addition to pulling graphics cards from its shelves, it also canceled existing orders. “We had to cancel a lot of orders because of cards we can not get anymore,” the company said in an email to Tom’s Hardware. MindFactory customers were informed of the cancellation via email.

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Central Banks Are Considering The Use Of Cryptocurrencies Like #Ethereum And #Bitcoin

Central Banks Are Considering The Use Of Cryptocurrencies Like Ethereum And Bitcoin:

The rise of cryptocurrency has been quite something to watch. A decade ago, the mere concept might have sounded a little bit too futuristic, but today, many use cryptocurrency on a regular basis, and perhaps even more than one type. The most notable option up to this point has been Bitcoin, which has great support the world over (as far as cryptocurrency goes), but catching up fast is Ethereum, which we’ve wrote about a few times in recent weeks (and even put to a performance test for transaction processing chores).

Because of how out-of-nowhere cryptocurrency hit us, it would be understandable if you considered it to be a fad, or something that might not last. At this point, though, it appears that cryptocurrency isn’t going anywhere, and if that idea needs reinforcement, look no further than a few central banks that have been considering adopting it.

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GOLDMAN Sees Bitcoin Soaring As High As $3,915 During Next Breakout

Goldman Sees Bitcoin Soaring As High As $3,915 During Next Breakout:

“From current levels, [Bitcoin] has a minimum target that goes out to 3,212 (if equal to the length of wave I). There’s potential to extend as far as 3,915 (if 1.618 times the length of wave I). It just might take time to get there.”

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Chinese Bitcoin Giant BTCC Launches Global Crypto Exchange ‘DAX’ with Ethereum Classic

Chinese Bitcoin Giant BTCC Launches Global Crypto Exchange ‘DAX’ with Ethereum Classic:

BTCC, the operator of China’s oldest bitcoin exchange, has launched a ‘pure crypto-to-crypto exchange’ in BTCC DAX, with Bitcoin/Ethereum Classic (BTC/ETC) as its first trading pair.

Launched today at 10:00 AM (UTC) with customer deposits enabled, BTCC DAX will see trading go live tomorrow on Tuesday, June 27th, at the same time.

H/t reader kevin a.

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Crypto-Carnage Hits Entire Virtual Universe: Bitcoin, Ethereum, Litecoin Crushed

Crypto-Carnage Hits Entire Virtual Universe: Bitcoin, Ethereum, Litecoin Crushed:

Extending its overnight decline, Bitcoin is now down almost 15% from last week’s highs, back at its lowest since June 16th… in fact all of the largest 30 virtual currencies are deep in the red…

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