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Jim C.
Member since May 2012
463 commentaries - 3 followers

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Bitcoin Crashed. Again

- Keith Weiner - Keith Weiner Posterous

Frankly down arrows from most responders on this site are a mark of honor -- like being booed both by the faculty of the University of Berkeley and the anarchist fringe. The more the better.

I have made a small Faraday cage to store some Ham radio equipment and AM radios. Let's hope should something like that occur the effects would be local and restorable within a few months. And of course you can't put bitcoins there.

Commented 4227 days ago

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Beginning of the headline :When writing about economics (as opposed to trading), one does not expect to be proven right within days of publishing something. Things can take years to play out. On Monday, February 25, we published What Drives the Price of Gold and Silver? In that article, I wrote: If there is a credible rumor that the Fed is planning to further extend its “Quantitative Easing”, how would you expect the monetary metals to react? Typically, the gold price would rise and the silver price would rise even more... Read More

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