To conclude: As a store of value, the Bitcoin is purely speculative. As a medium of exchange, it is inferior to the dollar and its modern derivatives. As a unit of account, it belongs with Beanie Babies and unlisted stocks. There is no saying how high Bitcoin's price will go; its future price is a random walk, ending at zero. All we know is that, at some point, it will crash. Tidbits from the ... Bitcoin has begun rallying as of late, after hitting a new weekly Bitstamp low of $2,400, just two days prior on July 26 (GMT 15:00). Price movement and existing market volume, suggest that we may soon break past the $2,887.45 weekly high, if current resistance levels at $2,830.84 and $2,935.55 dissipate. One of the larger bitcoin centric exchanges, BTC-e, collapsed completely. Bitcoin has had a vibrant week, which began with a vicious but prompt plunge to the $5,101 weekly low. This was soon followed by a rebound that pushed the price up to the new $6,180 all-time high. Volume has been strong since then, although selling was until recently, outpacing buy orders by a wider margin, in just these past few days alone.
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Christine is a dental assistant who decided that she wanted to live in a tiny house for three reasons: because she likes small, cozy spaces, because she wanted ... Jason Burack of Wall St for Main St had on returning guest, registered investment adviser (RIA) and popular economic blogger, Mike "Mish" Shedlock https://mi...