Bitcoin and the cryptocurrency market is in the news. We have seen some spectacular rises and falls in bitcoin price. What does this mean for the price of other cryptocurrencies like Etherium, Ripple and the hundreds of other cryptocurrencies? What does this mean for the gold price?
Bitcoin, which originally began with amateur bitcoin miners using this as a way to make money from home have been superseded by huge commercial bitcoin mining farms with buildings full of specialized computers.
Bitcoin has been catching quite a bit of bad press recently for bitcoin thefts, bitcoin fraud and the huge bitcoin energy consumption.
What does this mean for the price of gold?
Today on https://preciousmetalsinvesting.com Ted Sudol discusses bitcoin and gold with Charles Nedoss, Senior Market Strategist, of LaSalle Futures Group. Charles closely follows and analyzes the charts and comes to some interesting conclusions that investors can use to profit.
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To learn more about Charlie Nedoss please visit his resource page on the website or email him.
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