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Showing posts from December, 2017

How Bitcoin Could Crash Financial Markets

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(DreamsTime) By  Patrick Watson   Wednesday, 27 Dec 2017 01:12 PM Current  |  Bio  |  Archive Short URL | Email Article | Comment | Contact | Print |      A     A 0 in Share Bitcoin mania is starting to look like a religion. I say that because both bitcoin and religion involve faith in the unknowable. Some bitcoin investors believe the cryptocurrency,  along with the underlying blockchain technology , will be a vital part of a new, decentralized, post-government society. I can’t prove that  won’t  happen—nor can bitcoin evangelists prove it will. Like life after death, they can only say it’s out there beyond the horizon. If you believe in bitcoin paradise, fine. It’s your business… until your faith puts everyone else at risk. As of this month, bitcoin is doing it. Lenders & Leverage Is bitcoin in a price ...

Bitcoin, Marijuana Stock Crazes Take Root in Canada's Wild West

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(DreamsTime) Friday, 22 Dec 2017 07:24 AM Short URL | Email Article | Comment | Contact | Print |      A     A 0 in Share When Hive Blockchain Technologies Ltd. was looking to tap into the cryptocurrency fervor by going public, Canada’s junior stock exchange was the obvious choice. The bar for listing was low. Retail investors, used to the rise and fall of penny stocks, were eager for the next hot thing. To help ensure a spectacular debut, Hive paid online promoters more than $750,000 plus options to sing the stock’s praises. “Our top stock suggestion for the history books!" gushed Daniel Ameduri, president of Future Money Trends LLC, which was paid to recommend Hive. “Quarterly filings from Hive could end up being big events, much like when Apple discloses its quarterly iPhone sales." It all worked like a charm. Vancouver-based Hive, a cryptocurrency miner ba...

This Savvy Dominatrix Says She Has Made $1 Million in Bitcoin—From Her Clients

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In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is displayed on December 15, 2017 in Paris, France. Chesnot—Getty Images By  LISA MARIE SEGARRA December 21, 2017 A dominatrix who goes by Theodora says her clients mined  $1 million in Bitcoin  for her. Theodora has been working as a dominatrix for eight years, and has been accepting cryptocurrency for the last four,  according to  MarketWatch.  She estimates that with Bitcoin’s latest growth, she’s collected approximately $1 million worth of the cryptocurrency. “I take a lot of geek clients who like new technology and they were really excited when I taught them how to build a mining rig for me so they could mine 24/7 from their home,” Theodora said. She’s not just invested in Bitcoin, however. Theodora told  MarketWatch  that she uses  seven or eight different cryptocurrencies. “I hold it, but it depends on the ...

The rise of CryptoKitties, and Bitcoin of course

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15 DEC 2017   share   share   share   share  share The rise of CryptoKitties, and Bitcoin of course Bitcoin vs the Dow: the race is on If you’ve even been remotely following any type of crypto news, you would have been inundated with headlines proclaiming the phenomenal rise in Bitcoin’s price over the last two weeks. Yes, it’s been increasing in price for the past couple of months but to go from $14k to $18k in the space of one day is definitely something to write about.  These increases have some finance professionals wondering if Bitcoin will reach $25k before the DOW does.  The latter hit $22k in August, $23k in October and $24k just last week.  This results in $1k growth increments roughly every month. Bitcoin’s upward trajectory is a bit different, with $1k increments being reached in a matter of days or even hours.  Based on this, it’s not that much of a stretch to believe that Bitcoin could reach the goal of ...