Category Archives: Bitcoin

Bitcoin Whale Blows Up, Leading To Forced Liquidation, “Bail-Ins”

Bitcoin Whale Blows Up, Leading To Forced Liquidation, “Bail-Ins” | Zero Hedge https://www.zerohedge.com/news/2018-08-03/bitcoin-whale-blows-leading-forced-liquidation-bail-ins Re-posted from Zero Hedge. Geoff Geoff Comments: Miscalculations in the 20x leveraged Bitcoin ETF market can change everything in the blink of an eye…

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Reflections on Bitcoin’s Broken Parabola

Reflections on Bitcoin’s Broken Parabola – Mish Talk https://www.themaven.net/mishtalk/economics/reflections-on-bitcoin-s-broken-parabola-DWjaVf9Bekqc4JH-8s_NLg/ Re-posted from Mish Talk. Geoff Geoff comments: Learn from Mish, you won’t regret it…

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Bitcoin Drops to $5,860, Lowest since October 2017. True Believers with Fake Hopes Got Cleaned Out by Early Movers

Bitcoin Drops to $5,860, Lowest since October 2017. True Believers with Fake Hopes Got Cleaned Out by Early Movers | Wolf Street https://wolfstreet.com/2018/06/24/bitcoin-drops-to-5860-lowest-since-october-2017-true-believers-with-fake-hopes-got-cleaned-out-by-early-movers/ Re-posted from Wolf Street. Geoff Geoff Comment: Looks like a road to disappointment, since people seem to … Continue reading

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Bitcoin Slides As Coinbase Informs 13,000 Customers Of Imminent Data Handover To IRS

Bitcoin Slides As Coinbase Informs 13,000 Customers Of Imminent Data Handover To IRS | Zero Hedge https://www.zerohedge.com/news/2018-02-25/bitcoin-slides-coinbase-informs-13000-customers-imminent-data-handover-irs Re-posted from Zero Hedge. Geoff Geoff Comments: Watch out, this is feeding raw meat to the IRS…

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Bitcoin Bloodbath Builds – Now Among Biggest Crashes Ever

Bitcoin Bloodbath Builds – Now Among Biggest Crashes Ever | Zero Hedge https://www.zerohedge.com/news/2018-02-05/bitcoin-tumbles-below-8000-china-launches-new-crypto-crackdown Re-posted from Zero Hedge. Geoff Geoff Comments: Bitcoin seems to be considering going the way of the tulip…

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Bitcoin: 97% are held by 4% of addresses

Bitcoin: 97% are held by 4% of addresses – Business Insider http://www.businessinsider.com/bitcoin-97-are-held-by-4-of-addresses-2018-1?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+view Re-posted from Business Insider. Geoff Geoff Comments: The usual unbalanced distribution of results, i.e., top 20% makes 80%, top 1% has more than 50%, 97% held by 4%, … Continue reading

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

Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments  http://theeconomiccollapseblog.com/archives/study-finds-that-22-percent-of-bitcoin-investors-are-using-debt-to-fund-their-investments Re-posted from The Economic Collapse Blog. Geoff Geoff Comments: When the Bitcoin Bubble bursts, the collapsing leverage will create an economic crisis…

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Bitcoin Is Now Worth More Than Wal-Mart (The Entire Company)

Bitcoin Is Now Worth More Than Wal-Mart (The Entire Company) http://theeconomiccollapseblog.com/archives/bitcoin-is-now-worth-more-than-wal-mart-the-entire-company Re-posted from The Economic Collapse Blog. Geoff Geoff Comments: Some people think this statement is true and are excited about it… They must be a knife and fork short … Continue reading

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