Bitcoin Parabolic Growth Vs Peter Schiff’s 2011 Gold Recommendation

If you had to pick between gold and Bitcoin in 2011, at first the choice would look like a no-brainer. A beautiful physical metal, craved for millennia, or a just-starting thing called “bitcoin”, only existing as an abstraction of computational results? Gold Led to Losses, Bitcoin Boomed No wonder Peter Schiff recommended gold as an investment back in 2011. But the results from investing $10,000 in gold and BTC are really something to behold. This is @PeterSchiff talking about bitcoin in June 2011. The video shows what would have happened…

Bobby Lee Presents First ‘Hands-On’ With Ballet Wallet At CES

Bobby Lee, co-founder of BTCC crypto exchange, was at the Consumer Electronics Show in Las Vegas this week, demonstrating the first physical samples of his non-electronic hardware wallet, Ballet. Physical Card And Accompanying App Ballet is billed as the ‘world’s first multicurrency non-electronic physical wallet’, and offers a 100% offline cold-storage solution. The credit card sized device comes with an accompanying iOS and Android app, thus warranting the ‘non-electronic’ wallet’s appearance at the Consumer Electronics Show. It was the first chance that the public and press have had to get…

Is the Middle East Conflict Driving Bitcoin Demand in Iran?

Now that the dust seems to be settling in Iran, bitcoin has retreated back below $8,000 again. Price movements were definitely correlated with breaking news but how has BTC interest in the area been affected? Are Iranians Interested In Bitcoin? There is no doubting that bitcoin has cemented itself as a store of value asset this year. Its highly correlated price movements with those of gold reaffirm its safe haven status. As geopolitical tensions have eased a little, the prices of BTC have also retracted. It has now fallen back…

Elon Musk Whips Up Frenzy with Innuendo-Filled Bitcoin Tweet

Elon Musk is at it again. Dropping an innuendo-filled tweet that instantly riled up Crypto Twitter. Just six short words were enough to flurry up a tweetstorm as the founder of SpaceX and Tesla wrote: “Bitcoin is *not* my safe word.” What was he trying to say? Elon Musk Says Bitcoin Is *Not* His Safe Word If you’re wondering what a “safe word” is, you’re probably not old enough to be investing in cryptocurrencies to start with. So, was Musk’s tweet simply being playful or was it deliberately provocative? Did…