Bitcoin Plunge
The price of bitcoin is plunging as regulators begin to recognize the real threat alternative currencies pose to their fiat currencies and begin to...
Gold Strong on Dollar Fears
With dollar weakness spurred on by comments from Treasury Secretary Steve Mnuchin at the World Economic Forum in Davos that suggested the Trump administration...
How Much Bitcoin Has Been Stolen?
Apparently hacking crypto currencies is a $200 million annual revenue industry. That's according to Lex Sokolin, who was asked by Bloomberg's Olga Kharif. Kharif...
How Will Americans Pay Tax on Their Crypto-Currencies?
As I explain in my four part series on bitcoin (read parts one, two, three, and four), I'm a skeptic of crypto-currency trading and I don't own any...
Is Korea Crackdown the Beginning of the End of Bitcoin?
The Korean government is preparing to ban the trading of crypto-currencies on exchanges. The country's Minister of Justice, Park Sang-ki announced “Cryptocurrency trading is looking...
Crypto-Mania has Gone Mainstream
Crypto-Mania has gone mainstream, reports Bloomberg. Kodak, a household name to those over the age of 35, saw its shares soar over 270% over...
Are Futures a Good or Bad Evolution for Bitcoin?
Bitcoin futures began trading on Sunday. In a maniacal market like the one for bitcoin has become, no one is sure what to expect....
$70 Million in Bitcoin was Stolen, Did Anyone Notice?
Judging by the seemingly unstoppable rise in the cost of bitcoin, it would appear no one even noticed that $70 million worth of the...
Trust in Money, Store of Value, Part II: Bitcoin, Dollars and You
On a recent outing to the Mt. Washington Hotel, I was concerned my car wouldn’t get us home. You can read that story here.
But...
What do I think of Bitcoin? Part III
The late great Richard Russell, writing about the third phase of a bull market, called it the speculative phase.
The third phase was when the...