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OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases

Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases

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PurpleSkyz

PurpleSkyz
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Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases
Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases Ico-time13 Dec 2017 by Volubrjotr 
Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases 2017-12-13-3_0
The day’s slide started around 9amET, when a burst of gold buying appears to have reset the correlation between XAU and BTC: Just a few hours later, Bitcoin is back below $16,000. [Who in the world can afford 1 Bitcoin ~ The US Middle Class? Think Again!]

  • Nobel Laureate Economist Joseph Stiglitz Says Bitcoin Doesn’t Serve Any Socially Useful Function


Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases 20171213_crypto1_0
Litecoin – yesterday’s big winner – is tumbling…
Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases 20171213_crypto3_0
Ethereum is roling over…
Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases 20171213_crypto2_0
Futures are underperforming spot and collapsing the arbitrage…
Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases 20171213_crypto4_0
Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases 20171213_crypto6_0
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme: Rise & Fall Of Famous Bubbles
Billionaire Hedge Fund Pioneer Ray Dalio: Bitcoin Is A Bubble, Not A Currency…Not A Store Of Value
While no immediate catalyst for the moves are obvious, we note that Interactive Brokers has allowed clients to short Bitcoin futures (with a massive $40,000 margin) and South Korea said on Wednesday it may tax capital gains from cryptocurrency trading.
[South Korea Has Further banned domestic initial coin offerings and margin trading in cryptocurrencies following China & Russia] as global regulators worried about a bubble, with Australia’s central bank chief warning of a ‘speculative mania” that has seen the digital asset making rip-roaring gains. [Australia is further moving forward With Legislation to strictly regulate  cryptocurrencies] [Top 11 Countries In Which Bitcoin is Banned]
ZeroHedge



https://youtu.be/C0HZMHxVBLQ

Dollar in Death Row | John Embry
Bitcoin Futures Plunge – Fiat Crypto-Space Crumbles: Gold Buying Increases Frog-hot


Thanks to: https://politicalvelcraft.org



  

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