August Bitcoin Flash Crash: Harbinger Of Increased Volatility?

Bitcoin has yet to recover from a flash crash which took place one week ago. Since that time, global markets have endured major volatility. Yet Bitcoin – which some Bitcoiners champion as a hedge against an empty global financial system – has trended down in the past week. On August 18 around 5:00pm PST, a [...]

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People Are Freaking Out On Reddit’s r/Investing Right Now

As economist and investor Tuur Demeester pointed out on Twitter, people on r/Investing are truly freaking out amid the global stock market meltdown. One of the top posts of the day on the subreddit yesterday, posted by footballissoccer, shows a number to the National Suicide Help Line in the US. Meanwhile on http://t.co/YM2ra5JPAa… #China #SPX [...]

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Why The Stock Market Crash Is Really Good For Donald Trump

Republican presidential candidate Donald Trump took to Twitter to voice his displeasure about the United States’ close ties to China as the Dow plummeted 1,000 at its open on heavy algorithmic trading.  “As I have long stated, we are so tied in with China and Asia that their markets are now taking the U.S. market [...]

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Michael Snyder Warns The World: “Buckle up – we have got quite a bumpy ride ahead of us.”

The Economic Collapse Blog’s Michael Snyder was kind enough to answer some of GoldSilverBitcoin’s questions. In the following written interview you will read about Snyder’s predictions for the coming months and years. GSB:24 nations are currently facing a debt crisis. How unprecedented is this in the history of the world? M: Right now, global debt [...]

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Paul Krugman: “Debt Is Good For The Economy”

In his most recent post at the New York Times Paul Krugman submits that debt is good for the economy. He posts in response to Rand Paul who posted on his Twitter account that,  “The last time the United States was debt free was 1835.” Krugman then lays out the case for why debt is good. “The British government, by [...]

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The NSA Probably Didn’t Invent Bitcoin

A common hypothesis submitted by members of the bitcoin community argues that the National Security Agency (NSA), or some other government alphabet agency, invented bitcoin. Many bitcoiners laugh this suggestion off as “impossible,” but, on the contrary, there is precedent for such an assertion. But, that doesn’t make it true… It’s not as if the government or [...]

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$4.5 Million In Gold Coins Found 10-15 Feet Off Florida Beach

Treasure hunters discovered $4.5 million in gold coins off the Florida coast last month, including several which were minted for the king of Spain, Philip V, in the early 1700s, according to Florida Today.  The July 30 and 31 finds were made off the coast of Vero Beach were not announced until Wednesday by Bret Brisben, [...]

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A Lost Nazi Gold Train Might Have Just Turned Up In Poland

A “finders claim” has been filed in a district council in Poland for an “armoured train” carrying precious metals onboard. Many have speculated this is a so-called Nazi “ghost train” which was carrying the spoils of the Second World War. In the final days of that War, the train reportedly went missing.   Filed in [...]

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Roger Ver Weighs In On The Block Size Debate

Roger Ver weighed in over the potential increase in the Bitcoin block size today. He noted his deep respect for people from each perspective on the issue, and lamented the censorship seen on certain Bitcoin forums. “Censorship is never the answer,” Ver noted. Bitcoin’s ability to “resist financial censorship” is what first attracted Ver to [...]

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BitPay Launches New Refund & Invoice Functions

BitPay introduced this week an update to their backend which will make it easier for Bitcoin accepting merchants using the BitPay platform to accept payments. In 2011, as BitPay became the world’s first Bitcoin payment processor, there were many features that merchants using the service wanted and needed in order to have more control over [...]

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