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What is Bitcoin & What it May Become (Nope, It’s NOT Digital Gold)

The meteoric rise of crypto-currencies, including Bitcoin, captured the attention of many precious metals investors last year. Crypto’s potential to serve as private and decentralized currency – beyond the reach of bankers (central and otherwise) to corrupt and control – is an alluring combination for some speculative members of “honest money” crowd. Investors are currently trying to determine what Bitcoin represents and what role it will play relative to precious metals. With that in mind let’s have a look at what Bitcoin is now, what it might become later, and also point out what it will never be. Here Is […]

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The Bitcoin Crash Is at a Critical Point: Is This Over?

I sent this update to paid subscribers on Friday. It’s critical, so I’m sharing it here with ALL Economy & Market readers today… On December 19, I sent an Economy & Markets email about the similarity between the internet bubble and crash and the bitcoin bubble today. At the time, I saw two possible scenarios. Both are still viable today, but the degree of the 60% crash in Bitcoin tells me that we’re most likely experiencing scenario two, where the cryptocurrency hit its top near $ 20,000. That doesn’t take scenario one out of the running. There’s still a remote […]

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Silver Antidote to Bubble Craziness

Silver times 1 trillion to total debt: ratio

CHARACTERISTICS OF BUBBLE CRAZINESS: U.S. stocks, according to many measures, are the most over-valued in history. We live in a Bubble Zone! Bitcoin and other cryptos are definitely in a bubble, but they could rise even higher. Bonds yield little, and in many European countries, less than zero. Central banks have created this distortion to the detriment of savers, insurance companies and pension funds. Real estate: Some locations, such as New Zealand, Canada and Australia are up a factor of 8 to 20 since 1980. Houses have become unaffordable for many, even with historically low interest rates. Silver and gold: […]

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Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments

Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose.  Unfortunately, many are getting swept up in the current euphoria surrounding cryptocurrencies and are not listening to that very sound advice.  A disturbing new survey that was just released found that 22 percent of all Bitcoin investors are either directly or indirectly investing in Bitcoin with borrowed money… According to LendEDU, a personal loan research firm, more than 18 percent of Bitcoin investors have used borrowed money to […]

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Bitcoin Comedy & Stock Market Melt-Ups

Tyler here with this week’s Macro Musings. Recent Articles/Videos — Blockchain — We discuss the real value of cryptocurrencies like Bitcoin — blockchain. We explain how blockchain works and its potential transformative uses. Articles I’m reading — A Hedge-Fund Titan Puts Away the Punch Bowl Our favorite macro investor, Ray Dalio, has some sobering thoughts on how financial assets will perform over the next 10-years. The problem is that with interest rates and risk premia near all-time lows and debt and asset values near all-time highs, there’s little fuel to repeat the process. Just as the Fed can’t cut rates […]

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Is Ripple The Next Hot Cryptocurrency? Some Are Calling It ‘The Bitcoin That Banks Like’

After Bitcoin, can you name the second largest cryptocurrency?  Until recently it was Ethereum, but now it is Ripple.  At the start of last year, Ripple was trading for less than a penny, and even just a few months ago you could still get Ripple for about 20 cents.  But now the price of Ripple has absolutely exploded, and as I write this article it is sitting at $ 3.15.  At this point Ripple has a market cap of more than 120 billion dollars, and those that got in when Ripple was under a penny have seen their investments go […]

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Bitcoin Isn’t the Bubble It’s the Pin!

I wish I could take credit for that perfect description of Bitcoin, but I can’t. That goes to JP Research. This Bitcoin bubble will be the “pin” that bursts the more widespread bubble, just like the Nasdaq bubble burst the markets back in the early 2000s. I wrote about this twice last week, showing you how the Bitcoin bubble compares to the internet bubble, and how much Bitcoin could potentially lose when the burst happens. Then, last Friday, I took to Facebook with this video, elaborating more on the Bitcoin situation. I explain why Bitcoin could make one more new-high […]

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The Washington Post Ominously Warns That Bitcoin Is Being Used By ‘Extremist Groups’

Demonization is the first step toward making something illegal.  Over the past couple of months, Bitcoin and other cryptocurrencies have experienced a tremendous surge in popularity.  Personally, I was completely floored the other day when my nephew wanted to ask me questions about investing in Bitcoin.  It seems like the whole world is getting caught up in the cryptocurrency revolution, and needless to say, the powers that be cannot be thrilled about this.  Independently-controlled cryptocurrencies represent an existential threat to the global debt-based central banking system that we have today, and so the elite have a very strong incentive to […]

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Some Are Calling This ‘The Bitcoin Crash’, But Others Believe It Is Just A Bump In The Road On The Way To $40,000

Bitcoin, Ethereum, Litecoin and other major cryptocurrencies have been on a wild ride this year, and over the past 10 days the volatility that we have witnessed in the marketplace has been absolutely breathtaking.  On December 17th, Bitcoin shot above $ 19,800 for a brief moment before it started plummeting dramatically.  At one point the price of Bitcoin dipped below $ 11,000, which represented close to a 45 percent decline from the record high that it had hit just five days earlier.  And Bitcoin was far from alone – virtually every other major cryptocurrency was also down between 25 and […]

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The Washington Post Says That Fedcoin Will Be ‘Bigger’ Than Bitcoin

Fedcoin doesn’t even exist yet, and yet the Washington Post is already hyping it as the primary cryptocurrency that we will be using in the future.  Do they know something that they rest of us do not?  Just a few days ago I warned that global central banks could eventually try to take control of the cryptocurrency phenomenon, and so I was deeply alarmed to see the Post publish this sort of an article.  We want cryptocurrencies to stay completely independent, and we definitely do not want the Federal Reserve and other global central banks to start creating their own […]

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