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Jamie Dimon Said Bitcoin is a Fraud, So I Bought More

"We don't like their sound, and guitar music is on the way out." -- Decca Recording Co. rejecting the Beatles, 1962. Bitcoin, Ethereum and other cryptocurrencies dipped today after JP Morgan chief Jamie Dimon called Bitcoin a "fraud that will eventually blow up" at a New York conference. He said it is "worse than Tulip [...]

By | 2017-09-14T03:47:41+00:00 September 13th, 2017|bitcoin, Cryptocurrencies|

Bitcoin Hits High of $4,500, Dash in Apple App Store, ICOs Continue Upward Trend

Weekly Price Action in Bitcoin, Ethereum, and Alt-Coins The price of Bitcoin (BTC) has hit a new all-time high recently going above $4,500. The popular cryptocurrency reached beyond previous records set earlier this week and beyond most people have predicted in a short-time. Ultimately, the price peaked out at $4,510 just after a previous top [...]

By | 2017-09-24T22:52:50+00:00 August 18th, 2017|2017 predictions, bitcoin, Cryptocurrencies|

Why The Bitcoin Price Could Top $1 Million

The price of Bitcoin made a new record high above $4,300 today and is now up roughly 350% year to date or 643% over the past 12 months. If you add in the free Bitcoin Cash distributed to Bitcoin holders, the current value of Bitcoin is closer to $4,600. In this article, I will lay out the [...]

By | 2017-08-14T12:29:59+00:00 August 14th, 2017|2017 predictions, bitcoin, Cryptocurrencies|

Bitcoin Soars Past $3,300 to New Record High!

Excitement has returned to the cryptocurrency markets as the price of Bitcoin rocketed to a record high above $3,300 today. We told subscribers that the August 1st fork was generating unsubstantiated FUD (fear, uncertainty and doubt), thus creating a buying opportunity. Those with BTC prior to the fork, now have an equal amount of Bitcoin [...]

By | 2017-08-06T11:42:58+00:00 August 5th, 2017|bitcoin, Cryptocurrencies|

Bitcoin Forks into Bitcoin Cash, SEC Warns on ICOs, and FileCoin Launches

Big news happened in the Bitcoin space this week when Bitcoin Cash was created on August 1st.  A group of miners "forked" from the main bitcoin blockchain. This happened by moving to a software code that changed the rules by which the network functions. In a way, now there are two versions of what we [...]

By | 2017-08-02T10:20:33+00:00 August 2nd, 2017|bitcoin, Cryptocurrencies|

Upcoming Bitcoin SegWit Deadline, Ethereum Falls, and Tierion ICO

What Is SegWit2x and How will it Change Bitcoin? The upcoming SegWit activation deadline on August 1st is expected to cause more volatility in the price price action for Bitcoin. However, it remains to be seen in which direction it will trend. But what exactly is SegWit and what does it mean for you? The [...]

By | 2017-07-14T11:37:23+00:00 July 14th, 2017|bitcoin, Cryptocurrencies|

Former Bain Manager Launches $50M Fund, Tezos ICO, and Pantera Money-Raise

Bitcoin closed down slightly on the week, as worries about the SegWit (Segregated Witness) proposal seemed to weigh on investors. The appetite for digital currency remains robust long-term as several hedge funds made headlines within the past couple weeks talking up both Bitcoin and Ethereum. The summer doldrums continue on with low volume in the [...]

By | 2017-07-07T12:25:12+00:00 July 7th, 2017|bitcoin, Cryptocurrencies|

Cryptocurrency Update: Experts say Ethereum to Eclipse Bitcoin, Despite Current Scaling Issues

The bitcoin price has corrected from just over $3,000 on June 12th to $2,500 today. It is currently at a key technical support level, but has additional support around the $2,100 and $1,800 price levels. The most bullish outcome would be for the bottom leg of the converging triangle pattern to hold up as support [...]

By | 2017-06-30T13:06:18+00:00 June 30th, 2017|bitcoin, Cryptocurrencies|

Is Bitcoin a Bubble Set to Burst?

The bitcoin price is up roughly 10X over the past two years, so it is understandable why some people believe it is overvalued. If you do a Google search on "Bitcoin Bubble," you will find nearly 700,000 results. People love to proclaim that bitcoin is a bubble, especially those that missed the inflation of said [...]

By | 2017-06-29T18:11:36+00:00 June 24th, 2017|bitcoin, Cryptocurrencies|

Cryptocurrency Review: India Legalizes Bitcoin, Ethereum Flash Crash, ICO Update

Welcome to the Gold Stock Bull weekly cryptocurrency review. There were plenty of major happenings in the crypto world this week, so let's dive in... This week it was announced by the Unicode Consortium, that the 10.0 version of the Unicode Standard will include a Bitcoin symbol. According to an article in The Verge online [...]

By | 2017-06-23T12:46:09+00:00 June 23rd, 2017|bitcoin, Cryptocurrencies|