Not a good sign: Fidelity Now Allowing Bitcoins In IRAs-Zerohedge

Update: fidelity flip flopped like roti prata, added at end. Pretty much after this china crashed the bitcoin markets. talk about omens. Just like the banks joining in, as well as talking up bitcoin, right before the crash. Having Fidelity come in isn't a particularly good omen. From Zerohedge: We are sure this will all end but as Marketwatch reports, Fidelity has partnered with SecondMarket’s Bitcoin Investment Trust to allow its clients to save for their retirement by putting the virtual currency in self-directed IRAs.   Via Marketwatch,…
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Zerohedge can’t take their eyes off bitcoin, JP Morgan Chase wants to have its own London Whale Bitcoins

Quite a bit of bitcoin on zerohedge again. From zerohedge If you can't beat 'em, join 'em, copy 'em, and then beat 'em. While everyone's attention has been glued to Bitcoin (and its various smaller and less viable for now alternative digital currencies), JPMorgan has submitted a patent which appears to set the scene for a competing centralized network to Bitcoin. As LetsTalkBitcoin noted first, the "Method and system for processing internet payments using the electronic funds transfer network," states that Chase's technology is a "new paradigm." Moreover…
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Bitcoin Roller Coaster as Zerohedge Gray Sticky: Bitcoin Crashes, Loses Half Of Its Value In Two Days

Plenty of bitcoin on zerohedge these days: Zerohedge: Bitcoin Crashes, Loses Half Of Its Value In Two Days It was inevitable that a few short days after Wall Street lovingly embraced Bitcoin as their own, with analysts from Bank of America, Citigroup and others, not to mention the clueless momentum-chasing, peanut gallery vocally flip-flopping on the "currency" after hating it at $200 only to love it at $1200 that would promptly crash. And crash it did: overnight, following previously reported news that China's Baidu would follow the PBOC…
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Coin Watch: Channel News Asia interviews David Moskovitz, Bitcoin hits 1200 closing with paper gold, Litecoin takes a high of 48 USD and 380 Yuan (62 USD) hitting 1 Billion market cap before crashing to 36, on Yahoo, Zerohedge

David Moskovitz of being interviewed on channel news asia in Singapore. He held up pretty well in the interview. An older CNA on bitcoin Screenshots Bitcoin breaks 1200 USD mark today, making a milestone as well as pretty much sidling up with paper gold thats hovering around 1240. It lost a bit of steam, cant break 7000 yuan in china it seems. Maybe this adds support to the possibility that this round is a west side push? A roller coaster day as well as a crazy rise in…
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Bitcoin and Litecoin Market Watch Today! BTC-mtgox breaks 1000 USD Bloomberg Telegraph, Litecoin high 29.7 USD, on zerohedge, Brit throws away £4m Bitcoin Harddrive

First the snaps We can see new highs across categories. Bitcoin takes out the 1000 usd mark in mtgox beating its previous high of 900 USD. (China's high is about 7k yuan). LTC has also broken a new high at USD, as well as its china okcoin high at 170 compared to 154 yuan. This push looks to be mainly from the west, as you don't see the usual China spread far above the west side prices. 1000 USD breaker on mainstream news Bloomberg The price of Bitcoin…
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Bitcoin Market Watch: What a ride today

So first we had Zerohedge reporting on bitcoin crossing 1100 USD in BTCChina via Yuan conversion, hitting almost 7k CNY/RMB. And then there was the wave crash down, shaving off about 500 USD in the China side. Mtgox went from 900 peak to 500 low. And you had the back and forth a few times. So much that Business Insider Joe Weisenthal made a new article: Bitcoin Just Crashed For The Fourth Or Fifth Time Today Spectacular Highs, Spectacular Lows? Yup, Allllll in a days work at Bitcoin…
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Bitcoin crosses 1000 USD, 1100 USD, crash correction, rebound on Zerohedge

crash Bitcoin makes it to the front page gray post of zerohedge (it has soared in a short few hours from btc 600-700):   Bitcoin Trades Over $1000 On BTC China Exchange And Crashes 30% ... Then Rebounds Submitted by Tyler Durden on 11/18/2013 20:38 -0500 Bear Market Bitcoin China inShare2   Update: following the 30% drop to under $600 in seconds, BTC promptly rebounded to $800 in a few more seconds, as the entire BTC market is now just an algo arena.   * * * Putting…
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Litecoin: LLnSyo8rqbJng11b3whVUXSr6nWMtmT1zU
Bitcoin: 158MikZVM8yQviLcvxu1aahTysSxDUaePr