Bitcoin Spikes Over 1100, Fades, Rallies Again - All In Less Than A Month

It's been one heck of a roller coaster ride since our last update - and tough to be a trader too in such an environment. But, we have lots of Crypto, Blockchain and Bitcoin news so let's not dawdle. 
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It was this China news or rumor that sent BTC way down after the spike over 1000 early in the month....was China gonna get tough on BTC?

An ETF for BTC? Will It Happen? or would such a move lend too much credibility? Will Trump's supposedly friendly attitude to BTC matter?

As anyone involved in Crypto knows... never play with more in Crypto than what you are willing to lose...as most likely at some time or another you will run into an exchange that folds or some sophisticated Scam like this...always remember to check your deposit address.

Is it possible that Russia might use the blockchain for it's payment system? 

It's very under reported in America...but many folks all over the world are having fiat problems and looking for a store of value...that is being increasingly found in Bitcoin - Such As In Venezuela because of hyper inflation.

Are all big countries feeling the heat of the emerging peoples currency? Seems the very rich and very poor are the most aware of the disruptive nature of BTC....hmm.

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What IF Billionaires Discovered Bitcoin?

I put together this original blog post on Steemit.com a couple hours ago; and, in it I extrapolate some figures to produce a possible bitcoin price of over 40,000 USD's for one Bitcoin - if and when, Billionaires begin to hedge with the digital currency.

Read the basic math at the link - https://steemit.com/bitcoin/@m4ever/if-the-1-810-world-billionaires-put-just-10-of-their-wealth-in-bitcoin-bitcoin-price-usd40-625-dollars and if you are not yet a part of the Steemit movement...well...consider it.
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Are people in Venezuela using Bitcoin while their fiat collapses? Yes. More upward pressure in price one would assume.

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Latest Ethereum price trends.

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One of the greatly increasing trends is using Bitcoin to pay freelancers and such...expect it to continue to grow. In this story it shows quantitatively this info via the history of the term search for `earn bitcoin'.

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And enjoy the archive below.

Bitcoin Tweets Dominated By California

Crypto And Blockchain Links/News

An analysis of tweets from 2014 revealed that the term Bitcoin was centered in California and a few other locations.... of interest in the article was that NY state didn't have that orientation but sure did for the word BANK....good read. Speaking of banks...the FED just raised rates for only the second time in a decade...good news, or, time to put your money into Bitcoin? 

And, IF you still don't own any Bitcoin ...use my link and when you buy your first 100.00 USD worth of BTC from Coinbase - they will give you 10.00 worth of BTC FREE (Barfstew gets FREE BTC too) - don't be the last to own Bitcoin.

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IF you have been reading Barfstew over the last month or two..you realized by now that things are rapidly changing ... from changes in law in Japan and Russia about BTC to the near fall of fiat, resulting in a rising barter economy, in some major countries India (to combat fraud) - so, with BTC once again in higher demand worldwide... and being seen as more and more a store of value as it approaches 800 dollars per coin... here's some stories of folks that simply Already wish they had bought more when it was cheaper.... that said, at least they have some of the 16 million available coins. Indeed...this analysis suggests that Bitcoin Is Headed To 1000 Plus in value.

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While most folks are aware that buying and selling BTC can involve the IRS if you turn all that into cash - and that profits are taxable.... (assuming you cash out) - it's still somewhat of a relief that someone is saying the recent IRS grab to get to the records of over One Million Coinbase Clients may be stopped because of government overreach. We'll see.

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You say you want to know the latest news about Ethereum? Might the 7.82 price be the get in moment? Or, is the price headed downward for at least the short term?

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Meanwhile... at BitPay they indicated that in year to year comparisons that commerce in BTC was up...over 1,800%. That is not a misprint. And imagine what may happen if Bitcoin addresses some of it's limitations with SegWit - currently sitting at about 25% adoption by the miners of BTC.

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There are over 1000 posts in the archive - hours of entertainment. Some of those posts are featured below too.