Bitcoin News
By Steven Anderson
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Global uncertainty is good for investors of Bitcoin. Trade talks have started between the United States and China.
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Barry Silbert, the CEO and founder of the Digital Currency Group feels that it is interesting to see the price of the Bitcoin accelerate up and to the right, as the trade…
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When reinstating about the durability of Bitcoin, Silbert stated, “If you look at over the past five years—when ‘Brexit,’ happened, Bitcoin went up.
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Investors are well aware of common hedges in investing. When considering those, it is opined that Bitcoin will perform better than other kinds of investing hedges.
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Silbert states that it need not necessarily mean that money will move into Bitcoin, but it is just that you do not have the forced pressure of having people sell away their…
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“Ultimately, considering the volatility existing in Bitcoin, there are plenty of examples one can find where [the price] goes down when those macro events happened as well.”
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A recent Drop Gold campaign has hit the TV in which the commercial shows a man and woman racing around frantically around a financial district and people around them were weight…
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“Why did you invest in gold?” the ad asks. “Are you investing in the past?”
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It is stated that this campaign is set to run around the year on the broadcast and cable networks. There will also be heavy advertisements on social media sites.
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This brings in a bold bet that this campaign will create more investors in favor of Bitcoin, having them drop gold in favor of Bitcoin.
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Beliefs that those who inherit gold as an inheritance will be seeking other investments are also growing by the day.
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The overall worth of gold is currently at $8 trillion. The current supply of Bitcoin is at $95 billion.
The Currency Analytics
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