Blog/Cryptocurrency
Fraudster Tries to Sell $20 trillion of Bitcoin
The Japanese cryptocurrency exchange Zaif has come out and admitted that a “system error” allowed customers to “buy” trillions of bitcoin [...]
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Cryptocurrency Maybe Become a Tax Nightmare
Credit Karma is reporting that of the first 250,000 tax filings, less than 100 people reported owning any cryptocurrency. Credit Karma is reporting that only 0.04% [...]
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Cryptocurrency & the Race for Money
QUESTION: You have talked about bitcoin and are rightly skeptical as we all should be, yet creative destruction rolls on. What insights do you have to share about [...]
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Bitcoin Still in Trouble
The rally in BitCoin was a perfect 13 weeks up from the last strategic low. It peaked with the Weekly Array the week of 12/18 which was both a Panic Cycle and a [...]
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BitCoin Crash
COMMENT: Mr. Armstrong; I am very impressed. Socrates called the high in BitCoin and Thursday it wrote: “As of the close of Thu. Dec. 21, 2017: Our immediate [...]
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66% of the Economy is Already Electronic & 99% of Money is Electronic
QUESTION: I loved your mention of how our money is not “printed”. You are THE ONLY financial expert to mention this. And you can’t understand our [...]
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Bitcoin = Money, Commodity, or Shares?
QUESTION: I read your article on Bitcoin. I found it fascinating that defining what it is changes everything. You did not actually say what you thought it was, [...]
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The Practicality of Cryptocurrencies – Not Really Ready for Prime Time
Trying to actually use Bitcoin in the economy is anything but something that will replace any government currency. The transaction fees are outrageous typically 3 [...]
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Bitcoin To Be or Not to Be?
QUESTION: Hi Martin, Despite the Bitcoin fanboys arguing that Bitcoin is untouchable by governments, would you agree that once governments, in particular, the [...]
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