Why an Investor Is Predicting Bitcoin Could Hit $700,000

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Description: The annual Sohn Investment Conference in New York is usually a place where Wall Street’s best hedge fund managers and investors present their top stock picks—from Amazon to Valeant Pharmaceuticals. And for the first time in the event’s 23-year history, one of those investors used the Sohn conference stage Monday to recommend a certain digital investment: Bitcoin…. Read more »

As bitcoin goes bust, one classic market signal is pointing to more pain

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Description: Bitcoin futures have entered into a contango market, suggesting further agony for the cryptocurrency. Source: CNBC.com – video report Date: Mar 29, 2018 Link: https://www.cnbc.com/2018/03/29/as-bitcoin-goes-bust-one-classic-market-signal-is-pointing-to-more-pain.html Questions for discussion: What is a contango market? Do you agree with the assement presented in this article?

Is Bitcoin a Waste of Electricity, or Something Worse?

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Description: WASHINGTON — A manufacturing start-up recently announced plans to move into a shuttered aluminum factory in upstate New York, taking advantage of abundant cheap electricity from the St. Lawrence River. Source: NYTimes.com Date: Feb 28, 2018 Link: https://www.nytimes.com/2018/02/28/business/economy/bitcoin-electricity-productivity.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront Questions for discussion: Summarize the discussion points in this report. What is your view on the… Read more »

Head of world’s largest hedge fund says U.S. in a ‘pre-bubble phase’ with a 70% chance of recession

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Description: Bridgewater’s Ray Dalio says he sees risk of recession by 2020 Source: MarketWatch.com Date: Feb 22, 2018 Link: https://www.marketwatch.com/story/bridgewaters-ray-dalio-says-us-in-a-pre-bubble-phase-with-a-70-change-of-recession-2018-02-22 Questions for discussion: What is the basis for his concerns? Do you agree? How should investors react to his prediction?

What Could Kill the Bitcoin Boom

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Description: Digital money has a very human vulnerability: psychology. Source: Bloomberg.com Date: Jan 17, 2018 Link: https://www.bloomberg.com/news/articles/2018-01-17/what-could-kill-the-bitcoin-boom Questions for discussion: What does the report say about what is driving Bitcoin valuations? Should Bitcoin be considered “investing”?

Bitcoin Futures Are About To Be a Thing and It’s Sending Prices Soaring

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Description: Bitcoin prices soared as high as $10,700 Friday after the main U.S. currency trading watchdog handed the Chicago Mercantile Exchange and Chicago Board Options Exchange a tentative go-ahead to offer Bitcoin futures. Source: Fortune.com – video report Date: Dec 02, 2017 Link: http://fortune.com/2017/12/01/bitcoin-price-cme-cftc-futures/ Questions for discussion: Explain why the introduction of futures trading would… Read more »

Zimbabwe Doesn’t Have Its Own Currency and Bitcoin Is Surging

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Description: Bitcoin climbed as much as 10 percent on Zimbabwe’s Golix exchange on Wednesday after the country’s armed forces seized power. The price of the cryptocurrency in the Southern African nation jumped as high as $13,499, almost double the rate at which it trades in international markets, according to prices cited on Golix’s website. It traded… Read more »

David Rosenberg: Fifteen reasons why investors should love Japan

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Description: Things are starting to look up in the Land of the Rising Sun Source: FinancialPost.com Date: Nov 02, 2017 Link: http://business.financialpost.com/investing/david-rosenberg-fifteen-reasons-why-investors-should-love-japan Questions for discussion: Of the reasons listed, which three do you think have the most merit? Do you agree with his assessment and thinking?