Posts by Jeff Berwick

[featured-img] [cresta-social-share] In the wake of the Winklevoss ETF being shot down by the SEC, bitcoin’s price took a major dive of nearly $300, briefly going below $1,000 last Friday. Now, just a few days later, the price has nearly made a full recovery shooting past $1240 and surpassing, once again, the spot price of…

[featured-img] [cresta-social-share] Last week we heralded, “Bitcoin Is Now As Good As Gold, Actually, It’s Better”. It was a bit tongue-in-cheek, and I knew it’d get the gold crowd whipped into a frenzy. But, the point was, for the first time ever, the value of one unit of bitcoin surpassed the value of one ounce…

[featured-img] [cresta-social-share] Remember pre-election, how the theme was that a Killary presidency meant certain war? And, how a Trump presidency would mean friendship with Russia and bringing many of the troops home? Well, so much for that! Trump is just as oriented toward war as Hillary. The difference is one of geography. Trump’s wars are…

[featured-img] [cresta-social-share] It wasn’t too long after I discovered bitcoin in 2011, trading at $3, that I became one of its biggest promoters. I have even said on several different occasions, that if bitcoin reaches its ultimate potential it will be worth more than $1 million in today’s US dollar terms. Of course, if it…

[featured-img] [cresta-social-share] Bitcoin has just smashed through its all-time high in US dollar terms. The US dollar was the last all-time fiat currency to crack as bitcoin has been hitting all-time highs in every other government/mafia mandated currency over the last few years. On CoinDesk bitcoin hit an all time high of $1206.60 which is…