Bitcoin is not a currency - Credit Writedowns

Bitcoin Price Rises, Most Popular Alt Coins, Transaction Fees, New Interest & Petro Fork Bitcoin Price Alarm App Bitcoin Price Breakout, Not Much Bitcoin Left, BTC Inheritance & TON Network 2.0 . Bitcoin Price Analysis Bitcoin goes into consolidation near $9,100 after Friday s rebound crypto experts predict a massive bitcoin bull run

Yves here. I've heretofore avoided the topic of Bitcoin, since I recall the brief fad of the Second Life currency, which then flamed out impressively. And Bitcoin already has had the US Treasury clear its throat and say if market participants try exchanging Bitcoin for dollars, it takes a dim view of that. Recall that the IRS threatened to tax frequent flier miles, but later dropped that idea. Yves Smith has written the popular financial blog Naked Capitalism since 2006. Yves has spent more than 25 years in the financial services industry and currently heads Aurora Advisors, a New York-based management consulting firm specializing in corporate finance advisory and financial services. Financial Analyst, Yves Lamoureux: $25K the End Target. Yves Lamoureux, president and chief behavioral strategist of macroeconomic research firm Lamoureux & Co., wrote a piece that was featured in Yahoo Finance specifically about Bitcoin, not mentioning it in passing as part of a grander narrative. Lamoureux does throw the word “bubble” into his statements, as either a hedge or a Yves Smith has been in and around finance for more than 30 years as an investment banker, management consultant to financial institutions across a large range of wholesale banking and trading markets businesses, and a corporate finance adviser. $714 billion have gone up in smoke. Bitcoin plunged to $3,738 at the moment. Down nearly 40% from two weeks ago, and down 81% from peak-mania of $20,078 on December 17, 2017.

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Bitcoin Price Rises, Most Popular Alt Coins, Transaction Fees, New Interest & Petro Fork

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