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 →

Will Greater Adoption Mean Higher Bitcoin Prices?

why bitcoin will fail

Bitcoin Adoption and Prices. Greater Bitcoin Merchant Adoption Won’t Mean Higher Bitcoin Prices. Will a greater number of merchants accepting bitcoin drive its price higher or will the price drop as bitcoin holders dump bitcoins on accepting merchants? Check out the Smaulgld Gold Buying Guide Check out the Smaulgld Silver Buying Guide “Control of the Read More →

Bitcoin vs. The Dollar – Podcast 12/13/13

Bitcoin vs. the Dollar Bitcoin: Can a Computer Mining Game Become a World Wide Currency? Podcast Summary 0:00-10:24 discussion of the Fed’s intention with respect to tapering QE against the backdrop of a budget deal and recent economic reports;experimental taper to test the market?;tapering still means expanding the Fed’s balance sheet; the impact of tapering Read More →

Bitcoin – A Mining Disaster Waiting To Happen

why bitcoin will fail

What Rises as Fast As Bitcoin Inevitably Crashes UPDATE December 4, 2013- Bitcoin Counterfeiting Update December 4, 2013- Bitcoin Thief Steals Millions* See also: The Case Against Bitcoin Will Greater Bitcoin Adoption Mean Higher Prices? Here Comes Bitcoin Regulation “If I can’t find a reindeer, I’ll make one instead”! – Dr.Seuss, How The Grinch Stole Read More →

Bitcoin, Banks and Black Friday – Podcast 11.29.13

Bitcoin and Banks Bitcoin, Banks and Black Friday Podcast Summary: 0:00-3:00 intro Black Friday 3:00-7:00 discussion of Black Friday; consumption vs. production; the Fed, China, cultural decline 7:00-12:37 discussion of interest rates and recent economic reports 12:37-17:00 Real estate “recovery”, inflation and interest rates, the government shutdown, new home sales,home price appreciation, tapering of QE, Read More →

The Case Against Bitcoin – A Faith Based/Emotion Backed Currency

why bitcoin will fail

The Case Against Bitcoin See also: Bitcoin: A Mining Disaster Waiting to Happen Will Greater Bitcoin Adoption Mean Higher Prices? Here Comes Bitcoin Regulation Bitcoin is backed by nothing other than the hope that it might be worth more tomorrow Bitcoin is a relatively new crypto-currency that has received a lot of media attention recently Read More →