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  1. Bitcoin on daily bearish breakdown

    by , 01-23-2018 at 11:57 AM
    Retail trader data shows 76.0% of traders are net-long with the ratio of traders long to short at 3.16 to 1. The number of traders net-long is 1.9% higher than yesterday and 5.3% higher from last week, while the number of traders net-short is 0.6% higher than yesterday and 21.9% higher from last week.

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    We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Bitcoin prices may continue to fall. ...
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  2. Nobel Laureate Shiller Predicts Total Collapse For Bitcoin

    by , 01-22-2018 at 03:10 AM
    Bitcoin may "totally collapse" though it may linger for a century, Nobel Laureate Robert Shiller said, who equaled it to the Tulip mania.

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    "[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 be here in 100 years," the Yale University professor told CNBC in an interview in Davos, Switzerland.

    Shiller, who was the joint winner of the ...
  3. Is Bitcoin A 'Busted Flush' As Price Falls 20% Below $10k?

    by , 01-21-2018 at 07:43 PM
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    With the price of Bitcoin, the 'Big Daddy' of cryptocurrencies, falling below $10,000, as regulators in Asia and Europe circle and call for restrictions on trading will the current rout continue and where could the digital currency tread next?

    more...
  4. $10K Bitcoin by 2018? Looks Like Tim Draper Was On The Money

    by , 01-19-2018 at 06:50 PM
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    In September of 2014, in an interview with Fox Business, Tim Draper claimed Bitcoin would hit $10,000 USD in three years. To put that in perspective, Bitcoin was worth $413 USD at the time of the interview. Even strong believers in bitcoin and cryptocurrency in general were skeptical of such massive overall growth—particularly after the intense fluctuations the market, like the crash of 2011, in which the cryptocurrency declined in value by 94 percent. ...
  5. Crypto News Update - Shutdown All Cryptocurrency Exchanges, Bitcoin ETFs, Belarus Legalizes Cryptocurrency, and more

    by , 01-19-2018 at 11:58 AM
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    1. South Korea Could Shutdown All Cryptocurrency Exchanges: Watchdog
    Choi Jong-ku, chairman of South Korea's Financial Services Commission, told lawmakers on Thursday that the government is considering shutting down all cryptocurrency exchanges and not just those that violate law, the Yonhap news agency reported.

    2. SEC Says Significant Investor Protection Issues Linked To Bitcoin ETFs
    The Securities Exchange Commission has ...
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