Bitcoin: The Bottom Appears To Be In, Why Higher Prices Are Likely To Follow

Bitcoin has been on a wild ride since 2017, first a 2,500% gain, then a 70% decline, but Bitcoin still stands tall, higher by 700% over the past year alone. Despite the numerous transient negative developments, most fundamental factors surrounding Bitcoin remain strong. Moreover, some of Bitcoin's …
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Bitcoin could be here for 100 years but it's more likely to 'totally collapse,' Nobel laureate says

"It reminds me of the Tulip mania in Holland in the 1640s, and so the question is did that collapse? We still pay for tulips even now and sometimes they get expensive. (Bitcoin) might totally collapse and be forgotten and I think that's a good likely outcome but it could linger on for a good long time, it could …
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Bitcoin rises 10% on Peter Thiel fund's likely holding; may revisit December high

According to Reuters, bitcoin may revisit its December 17, 2017 high of $ 19,666 in three months, as suggested by its wave pattern. The deep correction from this high has been driven by a wave (4), the fourth wave of a five-wave cycle from the July 16, 2017 low of $ 1,830. This wave is expected to be …
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Cybersecurity CEO: 'Absolutely' reason to believe North Korea is amassing bitcoin, likely to fund …

The U.S. government revealed Tuesday that North Korea was behind the debilitating WannaCry hack earlier this year, demanding ransom in bitcoin. CrowdStrike CEO George Kurtz said there's "absolutely" reason to believe North Korea has an appreciating pile of bitcoin to fund future attacks.
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Bitcoin Likely to Become 'Niche' Product, Says ING's Top Economist

The chief economist for Dutch banking giant ING believes bitcoin will likely wind up as a niche financial product, according to a new report. In a report from Dec. 18, ING's principal economist Teunis Brosens argued that actual use of the cryptocurrency will be limited to "tech nerds, people obsessed about …
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