Bitcoin

BTC

Bitcoin In An Illusionary Age

"In an era where sacrifice, hard work, loyalty, ingenuity, tradition, and independent thought are considered anathemas, while affirmative action, sloth, effeminacy, office seeking, and something-for-nothing schemes are endemic in every walk of life, it is not surprising that non-tangible, computer-generated currencies would become a 'natural' feature of such a world."

Ethereum Soars Near Record High As Hard Fork Sparks Buying Fever

The price of Ether is soaring today, heading back towards record highs as broader acceptance (UK's IG Group offer ETH trading), government discussions (ETH founder meets with Thai central bank), and perhaps most of all fork-related buying (ETH faces hard fork and traders are betting on BTC-like reaction).

Marc Faber: In The Age Of Cyber-Terrorism, Every Investor Must Own Gold

"...the biggest geopolitical risk for Americans today is not a conventional war but rather cyber-attacks that could take down the US power grid...In such a scenario, gold would become an irreplaceable medium of exchange. But it’s not the only reason to own gold today..."

Bitcoin Cash Explodes To Record Highs Over $900 - Here's Why

After meandering around $300 for the last two weeks, Bitcoin Cash has rocketed higher in the last few days - now trading at record highs over $900. As Bitcoin Cash has surged, Bitcoin has been falling (now back below $4000) as Bitcoin Cash mining profitability becomes more appealing to miners.

Bitcoin Cash Soars 70% Overnight Amid Bitcoin Uncertainty & China Crackdown

Bitcoin Cash soared overnight, spiking as high as $569 (from below $300) as renewed uncertainty around Bitcoin re-forking, reports that the first 8mb block has been mined, and fears over further crackdowns in China on Bitcoin trading sparked demand for the forked currency, pushing it back up to the 3rd biggest cryptocurrency by market cap.

Frontrunning: August 18

  • Hunt for Driver Widens as Second Attack Hits Spain, Five Suspects Are Killed (WSJ)
  • FT loses it over bitcoin's relentless rise (FT)
  • China Codifies a Crackdown on ‘Irrational’ Outbound Investment (BBG)
  • U.S. Navy, citing poor seamanship, removes commanders of warship in deadly crash (Reuters)
  • ACLU Will No Longer Defend Hate Groups Protesting With Firearms (WSJ)