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Two Bullish Signs For Bitcoin

March J, 2018

Two Bullish Signs For Bitcoin After a prolonged correction, Bitcoin is back big time. The “people’s currency” gained close to 7% this week, stabilizing around the $11,000 mark. Is this comeback for real? Hard to say, as there are hardly any “fundamentals” to judge whether Bitcoin is undervalued or overvalued at these levels. Still, there are a couple of bullish signs for the digital currency worth noticing. One of them is that Bitcoin is beginning to behave like the ‘new…

Bitcoin SUCCESS sees Australia pledge creation of price stable gold-backed cryptocurrency

January J, 2018

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Bitcoin SUCCESS sees Australia pledge creation of price stable gold-backed cryptocurrency A NEW cryptocurrency backed by gold is set to be made by Australia’s largest gold refinery after the Chief Executive announced plans to increase investment in the country’s metals. Perth Mint have said they are hoping to capitalise on the rise the trading of digital currencies as a way to help increase interest in investing in Australia. A number of cryptocurrencies have risen in popularity over the past 12…

Bitcoin vs Gold: Which is a Better for Long Term Investment

April J, 2017

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Bitcoin vs Gold: Which is a Better for Long Term Investment Imagine that you have $100,000 at your disposal. You must spend all of it on either bitcoin or gold – no mixing and matching – and the assets will then be stored in a trust that cannot be accessed again for 50 years. Which option would you choose? With the two commodities now in roughly the same price range, it's worth putting aside some of bitcoin's short-term volatility…