Gold Silver Reports (GSR) – Bitcoin Debate’s Defeated Bear – The two financial thought leaders debated about the top cryptocurrency Bitcoin (BTC) and its underlying-technology blockchain, questioning the potential for mass adoption, and comparing Bitcoin and other cryptocurrencies with other asset types such as fiat money and gold.
cryptocurrency
Gold Will Rally To At Least $1700 — Lior Gantz
Gold Silver Reports (GSR) – Gold Will Rally To At Least $1700 — Lior Gantz — During this 40+ minute interview, Jason asks Lior about the current global macro situation given the Fed hiking rates this week and the ECB and BOJ still doing QE and whether a strong US Dollar on the US Dollar Index (because of a mostly weak Euro) will be a strong headwind for gold?
What is Bitcoin Mining? How to get started
Gold Silver Reports (GSR) – What is Bitcoin Mining? How to get started — Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining.
Bitcoin Is Failing As Currency
Gold Silver Reports (GSR) – The only way to value the likes of Bitcoin correctly is to recognise that it’s a speculative investment and not a currency, said Damodaran who is known for his work on valuing companies and understanding stock investments. “If you put the currency in pocket and you forget about it for a year then at the end of the year if you put it out then it shouldn’t have lost half its value.”
Bitcoin Seen Popping Like the Greatest Bubbles by BofA
Gold Silver Reports (GSR) – Bitcoin Seen Popping Like the Greatest Bubbles by BofA — The cryptocurrency is tracking the downfalls of the other massive asset-price bubbles in history less than one year out from its record, analysts lead by Chief Investment Strategist Michael Hartnett wrote in a note Sunday.
Solid Gold Casts of Nelson Mandela’s Hands Sell for $10 Million in Bitcoin
It’s one of the more unusual deals in the art world. After more than a decade, an Alberta businessman has finally found a buyer for his prized collection of gold castings of Nelson Mandela’s hand. The final price? Ten million dollars — in bitcoin.
Bitcoin Mining Banned for First Time in Upstate New York Town
Gold Silver Reports (GSR) – Bitcoin Mining Banned for First Time in Upstate New York Town — A small lakeside town in upstate New York is fed up with Bitcoin miners using up so much of its low-cost electricity.