Flood Of Newbies Drives Alts Higher After ETF Denial

Despite nearly unprecedented volatility - the BTC market continues a strong new pattern of upward price support - once again nearing the price of an ounce of gold. And, the alts, which had been beaten down in price preceding the ETF announcement on Friday, have soared with the flood of newbies that have entered the world of Bitcoin and trading Bitcoin. How long will it be before the major trading bots rob them of 1/2 their funds?

You'll want to remember the above lesson as it seems that multiple ETF proposals are already in the works...this was only round one.........ready for some Blockchain and Bitcoin reads? Thought so.
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Blockchain Links Worth Reading

the longs, the shorts, the ups and downs of the Bitcoin phenomena

Leading the news, of course, is the initial reaction to the ETF Denial by the SEC.... positioning the ETF denial as consumer protection from uncertainties with BTC such as block size issue, attacks on the system, and a possible hard fork creating two assets... time for Bitcoin to finally address the size issue. The Winklevoss Twins are going to continue their ETF pursuit. 

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So...if and when an ETF is approved...what could we expect?

Here's a description of a Bitcoin ETF

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And, here's an article lamenting the Huge Rise in BTC's price..and suggesting that investing in coins of small value might be a better "to the moon" outcome than BTC at this point...I think he'd have some pushback on this point from many.

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Initial Coin Offerings...or ICO's offer the ground floor opportunities and often the prices to make real gains possible. Read more anytime at this website.

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Price Of Gold Ounce And One Bitcoin Play Tag

At the moment of writing this on the morning of the 7th of March ...gold is priced at 1228 USD and Bitcoin...after some profit taking last night is at 1235 USD...after falling briefly below 1200. Perhaps the psychology of the crowd wants the two prices to be associated with each other - it is indeed a tough realization to internalized IMO. Are the powers that be worried? Is that ETF really going to happen?

I hope that you read our last post about AVOIDING the 'lifetime investment' scams involving slow pay ponzi's - and while I will get to the GOOD btc ideas out there to make btc...today let's focus on the links.
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Blockchain and Bitcoin Links

Here's a CNBC link that talks of the rumored Bitcoin ETF...so long in the works. The effects of the price? No one knows.

And here's Bloomberg - positioning ETHEREUM as Bitcoin's top rival...and what's next for it (the end of mining).

Now..in 2017, everyone wants to get a sense of what the Trump Adminstration's view about Crypto will be.... fingers crossed. Already the DHS is granting Factom money for blockchain development. Indeed, Factom...also has had recent news at cranking out a Commercial Product For The Mortgage Industry - as uses for the blockchain proliferate. 

The Philosopher King of Crypto Vitalik Buterin in this paper discusses the theory edge of rewards and punishments ....as they relate to crypto. Meanwhile...Russia is investigating claims of fraud at Crypto Exchange Yo-Bit.

There is of course...a continued evolution in how Bitcoin is being viewed by not only the powers that be...but by the mainstream media ..which this report may be becoming more balanced in the UK. And, as has been continually a point in those in favor of the blockchain taking over the world.... development in Africa is hinging on it's development.

Is 14,000 USD Bitcoin Coming By 2018? Lots of predictions for the moon for sure.

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Going  to get to a huge backlog of links in the next posting.