Bitcoin Nears Parity With Gold

Bitcoin just topped $1100 for the first time since Dec 2013, bringing it closest to gold ever… The last time bitcoin approached parity with gold, it marked the top in the virtual currency…   But the current price of gold…

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Which Comes First – Dow 20k Or $1000 Bitcoin?

For 10 straight days, progonosticators have promised that the Dow Jones Industrial Average will break gloriously above 20,000 for the first time in history, proving how great the economy must be (or will be) and leading investors to the next…

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Why Is Bitcoin Suddenly Soaring?

Just yesterday we noted the resurgence in Bitcoin as China turmoil accelerates, but overnight (as Yuan weakened further), demand for the cryptocurrency has soared once again, sending the price (in USD) to $875 – the highest since Dec 2013. Bitcoin…

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Bitcoin Scammers Run Off With Millions: “Going to The Caribbean… Hope You Guys Understand”

Bitcoin Scammers Run Off With $12 Million: “Going to The Caribbean… Hope You Guys Understand” For the casual observer the underground online marketplace, often referred to as the DarkNet, seems to resemble the lawlessness of the Wild West. Over the last several…

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Bitcoin Price – Are We About to See Another Move Down?

Briefly: we don’t support any short-term positions now. New Bitcoin-related products seem to be hitting the market every day now. New types of altcoins, new kinds of wallets, new services. The currency is surrounded by a wide umbrella of solutions…

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Bitcoin Price False Turnaround?

Keeping it short: we don’t support any short-term positions at the moment. There is a growing market of services around Bitcoin and the world of finance seems to recognize the opportunity this presents. The Wall Street Journal reported a new Bitcoin-related derivative…

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IRS slams Bitcoin millionaires with new tax rules… Is gold next?

Bitcoin tax rules finally came to the Land of the Free yesterday. And I have to imagine there are some not-too-happy campers this morning, if they even know about it. Bitcoin taxes were inevitable. I’ve written about this numerous times,…

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