Dec 16

$1,000 Surge in Just a Day!

Wow!  Since Bitcoin futures stated trading, Bitcoin value is rising higher and higher with a $1,000 surge in just a day. This is amazing news for all of us investors.

Bitcoin Price Gear Towards $19,000, Surges by $1,000 in a Single Day

Joseph Young on 16/12/2017
The bitcoin price has increased by more than $1,000 over the past 24 hours and is en route to surpassing the $19,000 mark.

Bitcoin Second Most Popular Keyword on Google in 2017

Google, the world’s most widely utilized search engine, has revealed that bitcoin has been the second most popular keyword on its platform throughout 2017.

As the demand for bitcoin from both casual investors and retail traders increased over the past 12 months, the popularity of bitcoin on search engines and social media platforms surged proportionally.

While the recent surge in the price of bitcoin can be attributed to a variety of factors, the two driving factors of the rise in bitcoin price have likely been the global finance market’s anticipation of CME’s scheduled listing of bitcoin futures on December 18 and the strong performance of alternative cryptocurrencies within the past week.

Read the rest of the story.

 

Dec 14

Do you have the right Apps on your phone?

If you’re serious about your Bitcoins, you really need to read this article by Kai Sedgwick from Bitcoin.com.

10 Bitcoin Apps That Everyone Should Have

Owning a smartphone, like owning bitcoin, is obligatory these days. All the cool kids are doing it, along with all the uncool kids who were hodling hard back when bitcoin was ripe for mockery. Not any more. Whether you’re a bitcoin veteran or are new enough to believe HODL means Hold On for Dear Life, you might find something interesting in this list of 10 great cryptocurrency apps.

Blockfolio

The go-to portfolio checker for pretty much everyone, Blockfolio is clean and simple. You need to enter your cryptocurrency holdings manually, so it’s not great for day traders who are jumping from coin to coin. For everyone else though, Blockfolio lets you set and forget. Setting’s easy; forgetting the urge to refresh your portfolio every 30 seconds is a lot harder. Get it on Android and iPhone.

Read the rest of the story at Bitcoin News

Nov 28

Billionaire’s Prediction For 2018

We are just a month out from the start of 2018.  I am excited reading this today.  I have tripled my original invest over the past 4 months, just with the increase in the value of Bitcoin. But I didn’t stop there.  I am investor so I earn daily on my investments.

Let’s take a look at this article by  / 28/11/2017

Billionaire Hedge Fund Legend: Bitcoin Price Will Reach $40,000 in 2018

Billionaire hedge fund legend and former Fortress executive Mike Novogratz believes the bitcoin price will “easily reach” $40,000 by 2018.

On CNBC’s Fast Money, Novogratz expressed his optimism towards both bitcoin and Ethereum in the mid-term. Novogratz, who has predicted the price of bitcoin to achieve the $10,000 mark before the end of 2017, stated that bitcoin price will quadruple by the end of 2018, and the price of Ether, the native cryptocurrency of Ethereum, will triple in value.

“Bitcoin could be at $40,000 at the end of 2018. It easily could. Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well,” said Novogratz.

Source

Nov 26

Bitcoin Crushing $9,000 Today

As an investor, the first thing I do in the morning is check Cointelegraph News.  How exciting to wake this morning to find Bitcoin had crossed the $9,000 mark.  Here’s the story from Jon Buck.

Bitcoin Crushes $9,000 on Growing Signs of Mainstream Adoption, Wall Street Interest

Bitcoin Crushes $9,000 on Growing Signs of Mainstream Adoption, Wall Street Interest

Bitcoin has officially hit the $9,000 mark today, as the massive user adoption from hedge funds, soon-to-be-released futures markets and further increases in the number of users.

Ironically, many on the /r/BitcoinMarkets subreddit expected the price to drop over the Thanksgiving weekend, in part due to US banks being closed. However, over the past week the price had shown strength, consolidating in the low $8,000s. Twice the price briefly dipped into the $7,800 range, but those dips were rapidly bought.

Apparently people didn’t merely take advantage of Black Friday to buy TVs and electronics, but also stocked up on Bitcoin. The price began trending up yesterday as the market began adding volume, and today broke the next major psychological hurdle of $9,000.

Source

Nov 21

Bitcoin Tops $8,000

Bitcoin topped $8000 on Monday and continues it climb today reaching $8339.  How high will it go as we near the end of November?

 

Bitcoin Tops $8,000 As Lightning Triumphs And Cash Flounders
Bitcoin Tops $8,000 As Lightning Triumphs And Cash Flounders

Bitcoin price continues to delight investors Monday as the most popular virtual currency breaks and stays above $8,000.

The latest milestone for Bitcoin, which came following news the first Bitcoin-to-Litecoin Lightning Network ‘atomic swap’ successfully debuted, caps its comeback after Bitcoin Cash volatility.

BTC currently has a market cap of almost $134 bln against a cross-crypto combined cap of just under $240 bln, both numbers representing new records.

Bitcoin’s dominance has also recovered over the past few days to top 56 percent of the market after struggling to maintain supremacy as BCH caused considerable fluctuations.

Source: The Cointelegraph

Nov 17

Bitcoin Hits New Record High

Since it’s dip last Sunday, Bitcoin has climbed to a new record setting high of $8040.  How high will it go in December?  Here’s some insight from Cryptocoins News.

Bitcoin Price Achieves New All-Time High at $8,040; Bigger Surge in December?

Joseph Young on 17/11/2017
The bitcoin price has achieved a new all-time high at $8,040, within a week since it dipped below $5,600 on Sunday. Analysts expect the price of bitcoin to surge even further by the end of 2017, upon the entrance of institutional investors and retail traders through Coinbase, CBOE, Gemini, and CME.

Bitcoin Price Will Likely Surge Again in December

Earlier this week, CME Group announced that it will launch its bitcoin futures exchange approved by the Commodities and Futures Trading Commission (CFTC), to address the increasing demand from institutional investors and retail traders for bitcoin.

Today, on November 17, Coinbase, the largest bitcoin brokerage and wallet platform in the world, introduced Coinbase Custody, another bitcoin trading platform for institutional and retail traders. On Coinbase Custody, large-scale investors can invest a minimum value of $10 million in bitcoin.

Source:  https://www.cryptocoinsnews.com/bitcoin-price-achieves-new-all-time-high-at-8040-expect-to-surge-in-december/

Nov 15

Bitcoin Is Mainstream

Bitcoin’s continued rise has attracted Wall Street and the Futures market.  It’s no longer limited to the Dark Web for drug dealers and other underhanded tradings.  Some of the information in this article is not accurate.  Bitcoin did not fall to $1200 in September, for example, but I wanted to share it anyway.

Why Bitcoin Now Wears a Suit and Tie, and Will Soon Reach $10,000

Guest Writer on 14/11/2017

Cryptocurrencies were once the ‘bad boys’ of finance, traded on the Silk Road rather than Wall Street. But adoption by futures traders will ensure new found respectability for Bitcoin and push its value to five digits within months, argues David Jinks, Head of Consumer Research at e-commerce fulfilment experts ParcelHeroHe is lead author of 2030: Death of the High Street, and appears regularly on national radio and in the national press discussing the impact of e-commerce; the rise of cryptocurrencies and the potential consequences of Brexit for exporters.

Back in mid-September, when Bitcoin’s value fell to a ‘mere’ $1,200 thanks to the Chinese crackdown, it looked as if Bitcoin’s dark-web past was coming back to haunt it. There’s no getting round the fact that many cryptocurrencies originally grew in value because of their use buying on the dark web.  Larry Fink, CEO of BlackRock, called bitcoin an “index of money laundering.” And Jamie Dimon, CEO of JPMorgan saidin September: ‘If you were a drug dealer, a murderer, stuff like that, you are better off doing it in bitcoin than U.S. dollars,”

Source: Cryptocoins News

 

Nov 14

New Week Brings Renewed Confidence

As I expected, Bitcoin has rebounded to over $6.550 after dropping below $5,600 over the weekend. Despite the dips, Bitcoin has increase significantly over the past 12 months and will continue it upward climb to new heights.

Bitcoin Price Increases to $6,550 as Market Regains Confidence in Mid-Term Growth

Joseph Young on 14/11/2017
The bitcoin price has increased to over $6,550, after dipping below $5,600 on November 12. Analysts have attributed the recent increase in the price of bitcoin to CME Group’s confirmed launch of its bitcoin futures exchange by the second week of December.

Over the past two months, several high profile investors including billionaire hedge fund legend Mike Novogratz emphasized that a rapidly growing number of institutional and retail investors are preparing to engage in bitcoin and invest in the market.

Most of the large-scale hedge funds and institutional investors can only invest in assets and stores of value with high liquidity, because in most cases, they are required to allocate tens of millions of dollars in minimum.

Source:  Cryptocoins News

Nov 13

Watch For A Bitcoin Episode On Popular Sitcom

I love the sitcom, The Big Bang Theory and I’m looking forward to the upcoming  episode on Bitcoin which will air on November 30, 2017.

Mainstream Sitcom Big Bang Theory Will Dedicate Entire Episode on Bitcoin

Joseph Young on 12/11/2017

The Big Bang Theory, one of the most popular sitcoms in history with 17 million average viewers for its latest season 11, will dedicate an entire episode on bitcoin.

Episode 9 of the Big Bang Theory season 11, which will air on November 30, 2017, is entitled “The Bitcoin Entanglement,” and analysts expect the show to introduce bitcoin to the mainstream, to an important consumer base for bitcoin. The Big Bang Theory is most watched amongst viewers in the age group of 19 to 35, which is a relatively young viewership for a popular sitcom.

 

Read the rest of this entry »

Nov 13

Millennials Get It!

AS you should know by now, Millennials understand everything technical and Bitcoin is no exception. On the other hand, those older than 65 have more faith in the banks and traditional money (fiat currency).

Millennials Are Big On Bitcoin (But Over 65s Not So Sure)

It’s become fashionable to malign millennials for killing everything from dinner dates to department stores. If the results of a recent survey are anything to go by, there’s another victim that can be added to that lengthy list – fiat currency. According to a newly released survey, over 50% of millennials have a positive view of bitcoin and are twice as likely to own it compared to other age groups.

Millennial Enthusiasm for Bitcoin Surpasses All Other Demographics

Over 2,000 US adults were quizzed by Harris Poll in one of the most wide-ranging bitcoin surveys to date. The poll, which was conducted between October 18th and 20th, provides a fascinating insight into how adults of all ages perceive bitcoin. It is among 18-34-year-olds however – millennials – that the greatest divergence from the rest of the population is seen.

Source: https://news.bitcoin.com/millennials-are-big-on-bitcoin-but-over-65s-not-so-sure/

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