Tag Archives: Bitcoin

Silk Road Died, Bitcoin Crashed. So why am I so happy?

By Paul Rosenberg, FreemansPerspective.com You may have heard that Silk Road – the truly free online market – was taken down today, by the FBI. In response, the price of Bitcoin crashed 24%. Yet here I am – just a … Continue reading

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BitCoin Plunges Following US Government Seizure Of Silk Road Website

arlier today, one of the most popular websites that use and promote the use of BitCoin, Silk Road, was shut down by the US government. As Reuters reports, U.S. law enforcement authorities raided an Internet site that served as a … Continue reading

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Bitcoin: The Tyranny Test

By Paul Rosenberg, FreemansPerspective.com An increasing number of people have complained about governments and central banks in recent years, even using the word “tyranny” to describe them. They are, of course, called names in the establishment press: conspiracy theorists, mainly. … Continue reading

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IMPORTANT NEWSFLASH: US Government seizes accounts of the world’s largest Bitcoin exchange

In another demonstration that the United States is no longer the Land of the Free, the Department of Homeland Security has just seized the US bank accounts belonging to Mt. Gox, the world’s largest Bitcoin exchange. This certainly underscores the … Continue reading

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BitCoin Exchange BitFloor Shuts Down

n an amusing development, one of the key alternative BitCoin exchanges, BitFloor, has just announced it is forced to shut down immediately. It is amusing, because one of the primary reasons attributed by the BTC pundits for the recent crash … Continue reading

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Bank Holiday for Bitcoin

What is the difference between halting trading on Bitcoin and a bank holiday? Get your money out of the 1’s and 0’s. David DeGerolamo BitCoin Halted? In other news, according to today’s leaked memo from the bearded chairman, one should … Continue reading

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For Those Who Think An Economic Crash Will Not Come Quickly…

Today’s chart for Bitcoin: BitCrash Continues: Down 40% And Dumping Time to rename it BitCrash… or will it stage an amazing recovery? Alas, for this particular bubble, there are no NYSE circuit breakers nor is there a Federal Reserve-mandated “plunge … Continue reading

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Bitcoin Hits New Record, Crosses $250

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Bitcoin Passes $200

Bitcoin is the success story of the year. If you have a good understanding of this “currency”, ask someone what they think about bitcoin. I would wager (heavily) that you will receive a blank stare. There is no difference between … Continue reading

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Is Bitcoin Money?

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