Why The Bitcoin ETF Went Down in Flames

why bitcoin will fail

SEC Rejects Rule Change to Allow Bitcoin ETF. Massive Bitcoin Trading on Unregulated Exchanges Was Key Factor. Bitcoin Price Swings Nearly $400 on Day of SEC Decision. BTC ETF Might Have Destroyed Bitcoin Ecosystem/Value as Currency. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get Read More →

Re -Evaluating Bitcoin – ICYMI December 26, 2016

Bitcoin image

The War On Cash Expands. India, Venezuela, Europe, Pakistan, Australia among sovereign issuers that have pulled or considered pulling their currencies. Bitcoin soars. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal Top News A terrorist truck attack in Berlin was the main story of the week. Top Economic News India’s war Read More →

PayPal Pulls Out Of Puerto Rico

PayPal Pulls Out of Puerto Rico. PayPal to end payment service for monies coming from Puerto Rico on October 30. Two percent tax levied by the Puerto Rican Legislature prompted the move. Paypal announced to its U.S. customers via email today that it is ending its Puerto Rican service. The message read in part: “Person Read More →

Will The Fed Ever Raise Interest Rates?

Will the Fed Raise Interest Rates? The Fed has been talking about ending QE and raising interest rates since 2009. Can the economy withstand an interest rate hike? How To Buy Gold. Fractional American Gold Eagles in 1/10, 1/4 and 1/2 oz Sizes for Smaller Budgets. How to Buy Silver. 2014 American Silver Eagles Still Read More →

Citibank Trashes Gold Ahead Of Swiss Gold Referendum

Swiss National Bank drops Franc Euro peg

Citibank Report Claims Gold Has Insignificant Intrinsic Value Double Drivel: Citibank’s Willem Buiter recycles his own 2009 blog post and issues it as Citibank “research” Citibank Anti-Gold Report: “Gold – A Six Thousand Year Old Bubble” “Gold is an asset equivalent to a shiny Bitcoin.” “Bank issued digital and paper currencies are “socially superior” to Read More →

Bitcoin, Gold or Silver – Which is the Best Store of Value?

why bitcoin will fail

Bitcoin Gold or Silver Bitcoin’s 60% price drop in 2014 has ruled it out as a reliable store of value. Gold, in contrast is down less than 3% this year. Gold Has Been The Best Store Of Value in 2014 Among Gold, Bitcoin and Silver. Bitcoin Price Action in 2014 Proves Bitcoin Is No Store Read More →

Bitcoin – A Celebration of the Commons

why bitcoin will fail

Bitcoin: A Tragedy of the Commons? Mining Risks to The Bitcoin Block Chain How does Bitcoin thrive without an owner? What happens if a 51% mining group takes control of the Bitcoin Blockchain? A Lack of a Controlling Entity or Owner Sustains the Bitcoin System The Tragedy of the Commons The tragedy of the commons Read More →

Can Janet Yellen Fix The Labor Market? Podcast

Janet Yellen and the Labor Market Buy Physical Silver Online Podcast Summary Ryan and Louis speculate on what Janet Yellen’s plan to boost jobs might be. The discussion starts at 17:14. The discussion of why the IRS Bitcoin ruling is a Bitcoin killer starts at 42:35 0:00-6:15 Introduction 6:15-11:08 Discussion of the incessant positive spin Read More →

Has Bitcoin Jumped the Shark?

why bitcoin will fail

Bitcoin Jumps the Shark Bitcoin has passed its peak. The invented crypto currency has been labeled property by the IRS and the price is on a steady decline. Is the end near? Has Bitcoin Peaked? Last Thanksgiving Bitcoin was on a roll. Recently discovered by the mainstream media and the subject of Congressional hearings, Bitcoin Read More →

Bitcoin Regulation – Here it Comes

why bitcoin will fail

Bitcoin Regulation Bitcoin Regulation has yet to reach the United States. Many departments of the United States government will play a role in regulating the crypto currency. Check out the Smaulgld Gold Buying Guide Check out the Smaulgld Silver Buying Guide If it moves, tax it. If it keeps moving, regulate it. And if it Read More →