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I don't recommend the article, but this phrase struck me as apt:

'Putting money into any cryptocurrency isn't an investment. It's a vote.'

http://www.zerohedge.com/news/2017-12-16/stop-treating-bitcoin-stock                       


Okay, next: 'a nexus of money-laundering' — check the date on the article: https://www.theguardian.com/world/2015/apr/23/how-chinas-macau-crackdown-threatens-big-us-casino-moguls-sheldon-adelson            But I understand the 'laundering' in question here is the chance to move Yuan 'beyond' the Chinese system — that is, into U.S. cash.                         


Okay, next: https://www.cryptocoinsnews.com/mrs-watanabe-driving-bitcoin-price-higher-deutsche-bank/                   

What I suggest is going on in Japan is a little different from what the article is outlining. The real point to focus on here is that the pre-Bitcoin-forex trading, and now the crypto-trading dynamic, represent ways in which ordinary Japanese can do what the rich Chinese were doing in Macau: expressing distrust of their national financio-economic model. It's a vote.

'Extra tip: Do not worry about potentially missed gains. If you sold for 10% gain but the price doubled afterwards, you should be glad you realized 10%. Note that selling at the absolute top is really difficult'       

https://www.reddit.com/r/CryptoCurrency/comments/7jyze7/how_i_went_from_10_btcs_to_30_btcs_to_05_btcs/

Lots of good advice in the comments here.

https://www.sgtreport.com/articles/2017/12/13/the-virtual-economy-is-the-end-of-freedom



Please, please, readers, don't dismiss this article. Several positions in it -- like 'cryptos have no intrinsic value' -- are confrontational to us. But the thesis of the article is IMHO highly insightful.

Readers, this is The Big Big Picture. Trillions of dollars worth of 'fleeing' capital is headed for crypto:

http://www.zerohedge.com/news/2017-12-13/china-regulators-complete-final-drill-preparation-petro-yuan-futures-trading

https://cointelegraph.com/news/belarus-signs-super-liberal-blockchain-support-legislation

Even if only a few nations follow the lead of Belarus, the future of cryptos is assured. That is, the more nations try to over-regulate/ban the technology, the more talent and capital will simply pack its suitcases, and move to Belarus and nations like it.

This is interesting: http://www.zerohedge.com/news/2017-12-11/oil-producers-turning-crypto-solve-sanctions-problems

[POW-Crypto Electricity Consumption Is The Latest Hysteria]

POW-Crypto Electricity Consumption Is The Latest Hysteria


" 'Bitcoin miners' power needs could soar higher than global energy production by 2020' — is this correct? Bitcoin mining could eventually consume more than all the electricity produced in the world? Where would the rest of the electricity come from?"

https://www.reddit.com/r/CryptoCurrency/comments/7j31xg/if_you_support_crypto_as_a_whole_love_the_tech/


I will stay on the case. Before I came to cryptos, I spent time studying the politics of climate-change data. It's awful: if an activist/scientist believes a thing is both true and bad, then she/he may simply lie about the data.

'Bitcoin miners will consume an estimated 8.27 terawatt-hours per year. That might sound like a lot, but it's actually less than an eighth of what U.S. data centers use, 1 and only about 0.21 percent of total U.S. consumption.'                 

http://www.zerohedge.com/news/2017-12-11/no-bitcoin-wont-boil-oceans


'Despite what you might've read, we don't have exact figures on Bitcoin's energy consumption. A site called Digiconomist keeps stats on how much energy Bitcoin is consuming, and it's the primary source for the stories circulating on the subject. Some of these stats look horrific: Bitcoin's current energy consumption is 30.2 terawatt-hours (TWh), which is more than 63 specific countries, and a single Bitcoin transaction consumes enough energy to power nearly 10 U.S. households for an entire day. But we shouldn't blindly trust those numbers.'                 

http://mashable.com/2017/12/01/bitcoin-energy/#cXgELVbGEPqU

'The economy globally has continued its strong uptick throughout 2017, partially spurred on by very low interest rates and massive investment into various markets. However, according to Deutsche Bank Chief International Economist Torsten Slok, the major risks for the global economy in 2018 include a crash of Bitcoin.'

https://cointelegraph.com/news/deutsche-bank-bitcoin-crash-among-2018-financial-worries


This paragraph is embarassingly bad journalism.

Firstly, there's no 'partially spurred' uptick. The uptick is now openly understood, by every financial entity in the world, to be wholly and solely driven by funny money.

Secondly, Deutsche Bank Economist Guy should be pointing that Deutsche Bank itself is a billion times greater risk to global economy than Bitcoin. If Bitcoin crashes . . . no matter: it's self-contained. But if Deutsche crashed, it'd be lucky not to take the entire global economy down with it.

http://www.zerohedge.com/news/2017-12-09/new-cme-bitcoin-futures-and-goldman-sachs-connection

https://www.reddit.com/r/CryptoCurrency/comments/7ini72/whats_your_deal_breakers_when_researching_a_coin/

'We're basically in the dark ages of Altcoins, where all alts are directly tied to BTC.
As BTC increases, becomes more stable, less volatile, more and more room opens up for alts. As long as BTC holds 60%+ dominance, all hail the king, basically.
We're just not at the time yet where all alts can be disconnected from BTC.'

https://www.reddit.com/r/CryptoCurrency/comments/7ifqon/futures_will_tame_bitcoin_people_will_pour_back/

I still don't have an opinion, readers; but IMHO we need to understand this dynamic.

Only two classes of folks on Planet Krypto today: those who have seen this sort of Bitcoin-spike-induced drop in altcoin prices, and those who haven't. Good time to pick up GRS!!

https://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/


Hey, everyone. I am posting this article because I don't understand this stuff.

But if even a half of what the writer claims is correct, a range of new influences will come into play.

https://www.reddit.com/r/CryptoMarkets/comments/7hix37/preparing_for_the_worst/


Wheeeeee! We have a tug-of-war tug-of-war tug-of-war!

These guys predict Bitcoin's death (again): https://cointelegraph.com/news/pboc-governor-believes-bitcoin-will-die-but-chinese-market-disagrees

These guys are adopting Bitcoin: https://cointelegraph.com/news/bitcoin-can-pay-your-traffic-fines-in-south-africa

These guys are regulating cryptos: https://icodaily.net/2017/12/05/15-million-ico-scam-halted-by-sec/

Groestl is a Top-100 crypto

Welcome to GRS, Jamal

At this point in crypto history, there are a lot of influences affecting price. GRS has been 'discovered' after years in development -- that's one reason. The whole world is discovering cryptos -- that's another.

Work on your security. Learn about GRS. Expect ups and downs.