I don’t even know where to start talking about gold, it defies belief that gold continues to plummet and is now making new 5 year lows at the same time as demand for the physical stuff is soaring and debt laden economies globally continue to debase their currencies and accumulate yet more debt to service […]
Its time for an update to my blog, in what will probably be first of two posts, (I also have some ideas about gold I want to put out there). In any case an update feels a bit overdue as quite a lot has happened since my last post. So, staying on topic of bitcoin […]
Forgetting all the craziness in alts for a minute bitcoin is quietly making nice gains. With the bear trend beginning to disappear into the distance the way looks clear for bitcoin to continue upwards. Heres a view from btc-e with 1 week candles and log price scale Lots of green candles in a row sometimes […]
I’ve refrained from posting about Litecoin’s bull run so far but finally decided to take a look at see whats up. Note, I don’t own any Litecoin myself and not planning to buy into this rise so I only look out of curiosity. Here’s a 1 day chart of Litecoin versus Bitcoin, ie LTCBTC from […]
With the Euro currency, one of the biggest currencies in the world, facing an existential battle in the aftermath of Greek Referendum you’d expect a bit of a pop upwards in Gold and Silver wouldn’t you? … Wouldn’t you ? You know a safe haven form of money like bitcoin. What we get is silver […]
On the same day the Greeks voted no to austerity conditions imposed on them, bitcoin has broken through the formidable upper resistance on my btc-e log charts. Not a total surprise, on chinese exchanges the corresponding trendline already fell some time ago. On BTC-E it looks like this … For me this is a huge […]
Will bitcoin cross the line ?