July 25th, 2017- In This Issue:

BITCOIN IS ON SALE! DOWN 7.9% @ $2,542.60

    Don't be fooled by ViaBtc's bitcoin cash (bcc), its nothing more than an attempt to scare the uninformed out of their Bitcoin and allow savvy traders to scoop up cheap coins right before segwit activates.

In two weeks time bitcoin should be ready to blow past the psychological resistance level of $3,000.

There is big money, deep pockets, waiting in the wings for bitcoin to overcome this last set of hurdles which includes (segwit lock-in Aug 11th), (segwit activation Aug. 25th) and the block size increase due to take affect in Nov.

Don't be surprised if bitcoin isn't already trading above $4,000 the day the block size is increased to  2 mb because the big money wont be.

Bitcoin is on the verge of mass adoption, not as a currency, but as an investment vehicle, a store of wealth, and a safe haven.

What we are witness to is the dethroning of Gold as the traditional hedge against everything and anything that could go wrong. Bitcoin has proven time and again to a a better store of wealth a better safe haven and a better hedge against the unknown.

Gold investors are becoming disillusioned after 7 years of of sideways movement. What's making matters worst for the gold bugs is that they have to listen to their kids telling them year after year how much money they're making.

2017 will go down as the year that Bitcoin became an essential part of every investment portfolio.

Don't miss out on this sale, it may very well be the last time bitcoin trades below $3,000.

Visit  BitvestIRA for information on using your IRA to invest in bitcoin at 20% below spot price. Or call us directly with any questions at 1-844-bit-vest (1-844-248-8378)

Wall Street's 'dean of valuation' says digital currencies are replacing gold
Aswath Damodaran predicts digital currencies will eventually be as important as the major paper currencies. He said cryptocurrencies have already replaced  gold for younger investors.

CNBC's  Mike Santoli spoke with Damodaran in an  exclusive interview for CNBC PRO . Santoli asked the valuation expert about bitcoin and other cryptocurrencies.

Three Years Ago This Equation Predicted $2400 Bitcoin for 2017. In 2020, It Says Bitcoin Will be $30,000

As volatility becomes rampant among digital currencies, a key question becomes: can you predict price behaviour in assets such as Bitcoin and Ethereum, and if so, then how?
Despite the fact that there is no official valuation model for digital assets, that doesn't mean that there aren't models we can apply successfully to virtual currency valuation and in turn, to price prediction.


The First Bitcoin Exchange and Clearinghouse Approved

The U.S. Commodity Futures Trading Commission (CFTC) has approved institutional bitcoin derivatives platform Ledgerx LLC as the first federally-regulated bitcoin options exchange and clearinghouse. Ledgerx plans to start trading bitcoin options in the fall and ether options a few months after that.

7 Cryptocurrency Predictions From the Experts

Fortune  convened some top  cryptocurrency  entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune's  Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a breakfast roundtable discussion on Wednesday morning.


Merrill Lynch Plots Bitcoin's Path to Global Legitimacy

In a report on Bitcoin,commodity and derivatives strategist Francisco Blanch, has noted the but says it can take the next step up in money's evolution if issues on safety, liquidity and return are addressed.
The report has looked at the history of trading commodities and how those gave rise to paper money, noting that Bitcoin could be the latest innovation that has seen people switch from salt to dollar notes.

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