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Daily Dispatches
How much has U.S. or Russia already paid for the bitcoins Bulgaria confiscated?
Submitted by cpowell on Sat, 2017-12-09 20:06 Section: Daily DispatchesAlong with the new futures markets, the stash well might convey control of the bitcoin price for quite a while.
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Bitcoins Seized by Bulgarian Police from an 'Organised Crime Gang' Would Now Pay Off a Fifth of the Country's National Debt
By Scott Campbell
Daily Mail, London
Saturday, December 9, 2017
Bitcoin billionaire Winklevoss sees the cryptocurrency replacing gold
Submitted by cpowell on Sat, 2017-12-09 16:59 Section: Daily DispatchesBitcoin Billionaire Winklevoss Sees Surge of as Much as 20-Fold
By Olga Kharif
Bloomberg News
Saturday, December 9, 2017
Cameron Winklevoss, thought to be one of the largest holders of bitcoin, thinks the cryptocurrency's blazing gains this year are just the start. He predicts it will rise as much as 20-fold as investors come to view it as an upgrade to gold.
Bitcoin mania could boost efforts to dethrone dollar, analyst says
Submitted by cpowell on Sat, 2017-12-09 09:30 Section: Daily DispatchesBy Sam Meredith
CNBC, New York
Friday, December 8, 2017
Bitcoin mania could prove to be the flashpoint for some of the world's largest oil-producing countries to make a major move against the dollar, according to one commodity analyst.
Russia-China real gold standard means end of U.S. dollar dominance
Submitted by cpowell on Sat, 2017-12-09 09:14 Section: Daily Dispatches9:15a ET Saturday, December 9, 2017
Dear Friend of GATA and Gold:
Bitcoin's success will liberate gold from price suppression, Keiser says
Submitted by cpowell on Fri, 2017-12-08 21:50 Section: Daily Dispatches9:50p ET Friday, December 8, 2017
Dear Friend of GATA and Gold:
Interviewed by Daniela Cambone for Kitco News, television show host Max Keiser of Russia Today argues that bitcoin's success will liberate gold from Wall Street's price suppression scheme. The interview is seven minutes long and can be viewed at Kitco here:
CHRIS POWELL, Secretary/Treasurer
James Howard Kunstler: Bitcoin has replaced gold as the alarm
Submitted by cpowell on Fri, 2017-12-08 14:55 Section: Daily Dispatches2:54p ET Friday, December 8, 2017
Dear Friend of GATA and Gold:
Social critic and novelist James Howard Kunstler writes today that as the cycle of money creation by central banks seems to be winding down, the tax-cutting legislation in Congress is meant to keep pumping money into equities and bonds to avoid a worldwide financial collapse.
Sharps Pixley's Williams cites Ted Butler and GATA's Ed Steer
Submitted by cpowell on Fri, 2017-12-08 12:45 Section: Daily Dispatches12:44p ET Friday, December 8, 2017
Dear Friend of GATA and Gold:
Alasdair Macleod: Inflation vs. deflation -- state finances
Submitted by cpowell on Fri, 2017-12-08 10:06 Section: Daily Dispatches10:06a ET Friday, December 8, 2017
Dear Friend of GATA and Gold:
Insider manipulation of bitcoin price may be legal
Submitted by cpowell on Fri, 2017-12-08 07:26 Section: Daily DispatchesThe Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market
By Olga Kharif
Bloomberg News
Friday, December 8, 2017
On Nov. 12 someone moved almost 25,000 bitcoins, worth about $159 million at the time, to an online exchange. The news soon rippled through online forums, with bitcoin traders arguing about whether it meant the owner was about to sell the digital currency.
Stunning swings in bitcoin promise start-and-stop futures sessions
Submitted by cpowell on Thu, 2017-12-07 20:24 Section: Daily DispatchesBy Lily Katz
Bloomberg News
Thursday, December 7, 2017
Bitcoin futures trading looks like it's going to be choppy.
The cryptocurrency's eye-popping rally would have triggered so-called circuit breakers on seven of the past 10 days, pausing or even halting trading to ensure an orderly session, based on rules planned by exchanges.
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