Topic: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) - page 109. (Read 259656 times)

I really do think the "Bad news is good news" idea is depressing, at least for everyone not owning Bitcoin, but it may fund my yacht, so....

http://razorsforex.blogspot.com/2016/08/the-impending-global-negative-interest.html

The Impending Global Negative Interest Rate Regime Bodes Well for Bitcoin
By  Razor   6:41:00 PM   No comments

Image credit: historyofbitcoin.org


The widely-publicized Bitfinex heist, which is the second biggest Bitcoin exchange hack after MtGox in 2013, may have a short term negative impact on the way general public perceives the novel technology. However, the Bitcoin blockchain - the backbone of the digital currency - was never compromised and the network continues to function without a hitch. The same could not be said for the world’s financial system!

Big brokerage houses like Interactive Brokers have already begun implementing negative interest rates on clients holding EUR, CHF and SEK balances. And negative interest rates have also begun to creep into corporate banking as well. Today, Royal Bank of Scotland announced that starting Monday, corporate clients such as fund managers and pension funds will be charged for holding cash in certain foreign currencies, including the euro. According to a Daily Mail report, RBS stated that negative interest rates may also be applied to small business; that is if the Bank of England decides to cut interest rates into negative territory to stimulate the sagging British economy.


Most of Europe and Japan are already in a negative interest rate regime, with the US and UK very likely to follow suit in the coming months. Consumers have so far been spared the direct sting of negative interest rate as banks have tried to absorb some of the cost by increasing fees on some services, but as the RBS has already demonstrated today, this will not be the case for much longer:
“Until now RBS has absorbed these costs and imposed a zero per cent minimum on deposit rates. But it said this was no longer sustainable.”
It is precisely at this point that digital assets and currencies like Bitcoin will begin to gain serious traction with small businesses and consumers. Bitcoin has a fixed supply and can’t be inflated away at the stroke of a pen. The coming global negative interest rate environment bodes very well for the future of Bitcoin and digital assets outside the legacy financial system.





 

Can we call the below article bullish or not?
 

http://www.reddit.com/r/Bitcoin/comments/4y732w/california_bitlicense_dropped_for_now/


It appears that we got a few months reprieve on any attempt to implement a bitlicense bill in California...

And, from what I understand, in some of my earlier readings of the situation, some of the crypto currency enthusiastic folks felt that they had gotten screwed over by California legislators - because the crypto enthusiastic folks had gone through some cooperative process, and then the language of what was being proposed in the later implementations got much more burdensome, onerous and hostile to bitcoin.

The battle in California is likely not over, and maybe there can be some organizing attempts to keep the legislation somewhat bitcoin friendly or at least neutral?

Don't worry, it seems apart from the finex hack and the insanity of the banking system tearing itself apart, there hasn't been a lot of bitcoin news lately. I know my attention for Btc has killed lately, but you never know when the next price Rin may happen, its often when it seems nobodies paying much attention : D

I've been reading articles on this site alot
- for those of you that want to keep up on the global financial system and its the crooks running it into the ground zerohedge.com

Any bullish news postings in respect to bitcoin are good... even if they are redundant and even if some of us attempt to analyze them a bit and attempt to pick them apart - or even call them not bullish enough...


I think that in the end, it is good to be able to post bullish posts and then see if anyone has any feedback, and then it is also great if you delete the obvious trolls - but yeah, we won't have any drama or trolls if we don't have any posts...

So I look forward to your return, whenever you are feeling up to it....

I will post any bullish news that I come across, too.. if it has not already been posted in the WO thread.

To be honest brother, I feel shy from you and Chef Ramsay, you used to like the things I post and I'm not sustaining this anymore.

But I will do my best to come back as soon as possible, promise.

Save yourself, and come back to us....


 

At all brother, the sea of "twitter" is so deep and it seems to be I'm "drowning" in it.

Fak gave up on bitcoin and went awol.

Not much posting in the bullish news media thread, lately...



I' m thinking that sooner or later, it seems that these various news segments regarding BTC buying pressures will result in additional upwards BTC price movements.  The below news concerns increased buying in Japan.



http://www.reddit.com/r/Bitcoin/comments/4xxhcx/tokyo_bitcoin_trading_volume_is_soaring_in_japan/

Just finished watching it myself.  Yes, it was good.  Thoroughly enjoyed it.

very good documentary. Thank you!

I found it to be interesting, but very broad theoretically about the history of money and bitcoin's roll in that evolution.

I watched it with a "friend," and recognizing that it was late at night, she was excited about it but fell asleep  about half way through it... while claiming that she had not fallen asleep... so it is not exactly a riveting nail biter.  hahahaha

You're very welcome.  I'm watching it myself shortly.  I just got back from a ten day vacation in Florida and got caught up on news.

Thanks dmwardjr.  That is a great link, and don't even have to use torrent (at least while it is still available... in other words, if anyone here is interested in watching for free, they should do so, while the link is still available and active).

It would seem a world banking collapse might be 'Bullish' for BTC, no?

http://investmentwatchblog.com/how-deutsche-banks-35trillion-of-trades-puts-europe-in-peril-warnings-that-failure-could-bring-global-system-crashing-down/

https://www.youtube.com/watch?v=zdU4E8a3wVQ

Nope, I'm here

Will continue posting so soon, thanks for asking my dear friend, apperciated

What happened to Fak, did he abandon his post?

Yeah that article describes some backing up rationale of a bullish pennant formation and the signaling of an upwards breakout that may be coming in the near future.

I have no problem with upwards price movements from here, however, I am personally thinking that we may have a bit more of a chance for another downward correction and attempt to test various downward price resistance points, prior to the price breaking upwards, like maybe at least to $630 and possibly a bit lower, maybe even a bit below $610, but I am certainly no expert in these inclinations and I am certainly prepared for either price direction.
 

So we have a pennant formation and it signals imminent breakout.

What do you all think? 

https://news.bitcoin.com/bitcoin-breakout-technical-analysis/

I am bullish, and buying as I can, every month.