#Bitcoin soars above $1,400 to all-time high


LONDON – Bitcoin surged to an all-time high above $1,400 on Tuesday, after more than tripling in value over the past year, with its most recent rise attributed to strong demand in Japan, where the digital currency has been deemed a legal means of payment.

Cryptocompare, a data website that analyses bitcoin trading across dozens of exchanges globally, said around 50 percent of trading volume over the past 24 hours had been on the bitcoin/Japanese yen exchange rate.

“The Japanese have recently warmed their approach towards bitcoin by treating it legally as a form of payment – a ratification and bringing into the regulatory fold,” said Charles Hayter, the website’s founder.

“China’s clampdown on exchanges can also be seen as a positive move for the industry too,” he added.

Chinese authorities have increased scrutiny of exchanges this year and have forced them to start charging trading fees, after becoming concerned about bitcoin speculation and its potential use in money laundering.

Bitcoin surged as much as 3 percent on Tuesday on the Europe-based Bitstamp exchange, where trading is dollar-denominated, to hit $1,437 BTC=BTSP, its highest since its 2008 launch. That marked a more than 200 percent increase from its price in early May last year.

Its current levels put the total value of all bitcoins in circulation – the so-called “market cap” – close to $25 billion, putting its worth on a par with a large-cap company.

Bitcoin analysts said the price had also been boosted by a request by the BATS exchange that the U.S. Securities and Exchange Commission review its March decision not to approve a bitcoin-tracking ETF set up by the Winklevoss brothers.

(Reporting by Jemima Kelly, editing by Nigel Stephenson)

 

Source: New Hampshire.

Clif High: Fed Will Crash; Fed Is the Market

Video Description
Internet Data mining expert Clif High’s latest report says, ““The emotions at the moment are projecting a crash of the ability of the state to function. . . . We have the projection that there is going to be some sort of big government crash. It concerns funding, interruption or something. . . . We have something akin to a definition change relative to bonds. . . . One way to think about this is there is going to be a human collective or re-understanding, or new understanding, about the whole bond market as we go forward in August, September and October. This is going to cause huge disruptions for governments, which basically depends on the bonds as its source of funds. I don’t know what that definition is going to mean, but the way the language is presenting itself, it’s very much like the same language that appeared in newspapers ahead of the Bretton Woods conference. . . . At that time, a bunch of countries got together around WWII and talked about how to deal with gold, money and the dollar after the war was over. . . . We have that same kind of language now relative to the bonds. . . .This redefinition is going to cause real problems relative to governments. If I had to guess, I don’t think we will have a stock market crash, but a government crash or Fed crash or bank crash. I don’t think a stock market crash will be meaningful because by the time it crashes, nobody will care because before we get there, the Fed will crash. The Fed is the market.”

Maybe this is why Clif High is also seeing language that prices are going up for things like Bitcoin, gold and silver. Clif is seeing the term “gold fever” repeatedly. He is also seeing the term “silver rush” for the white metal.

Join Greg Hunter as he goes One-on-One with Clif High of HalfPastHuman.com.

All Links can be found on USAWatchdog.com.

 

All Things Bitcoin

https://pal29501.wordpress.com
All Things Bitcoin. Remember that blog? It was mine. Back in 2012-13, I mined Bitcoin and tried living off my mining income while I recovered from a lengthy hospital stay and was faced with being on long-term disability.

During that time, I experienced first-hand the level of corporate greed and corruption, and thousands of Bitcoin miners were cheated out of their dreams and hard-earned money by the likes of companies like Butterfly Labs and HashFast. Many of us lost everything, including me.

Since then, I have been struggling to get back on my feet, but having ethics and a conscience makes it difficult to find decent work, these days.

Recently, I have been fielding questions from people who are hearing about Bitcoin for the first time, so I decided to put together the following Bitcoin playlist:

-Enjoy!

Clif High: Deep State Power Struggle, MSM Collapse, More Chaos, Part 1

A female computer scientist, turned talk show host has been interviewing Clif High, lately… In today’s interview, they discuss the DEEP STATE and ongoing political battles, including Vault 7.

I find this FASCINATING because it deals with my own fascination with the impact of technology on society.

Web Bot Summaries for March, 2017 (#Bitcoin outpriced #Gold, today!)

March 2nd, 2017 – Bitcoin outpriced Gold for the FIRST TIME in history!

Clif High’s web bot is forecasting 2017 to be a break-out year for the prices of precious metals and Bitcoin.

jsnip

Silver The Antidote

If you’re anxious to purchase Bitcoin, Paxful offers 300+ ways (ie. gift cards, credit, debit), click here or visit https://paxful.com/roots/buy-bitcoin?affiliate=GE1daePodn7.