WarMachines.com

Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!


WarMachines.com

Archives by tag

A Lambo For Under 10 Bitcoin: You Can Now Buy Supercars For Cryptos

Listening to the CNBC today one would be left with the impression that once having purchased bitcoin, there is nothing one can do with it (except check its price 30 times per minute of course). Which, of course, is dead wrong: one can buy pretty much anything that Overstock (among increasingly more online retailers) has […]


Hedge Fund Behind Mystery “Bitcoin To $50,000” Bet Revealed

The crypto space was thrown into chaos today as the price of bitcoin and its peers plunged overnight, cementing the pioneering digital currency's worst week since December 2013, only to rebound dramatically into the close, wiping out virtually all losses. Also today, just as the rout was nearing its trough, we shared a story from […]


Seller Of Luxury Miami Condo Demands To Be Paid Exclusively In Bitcoin

And they said bitcoin would never work as a currency. While that might be true for small transactions – for now – real-estate markets across the US are increasingly demonstrating that bitcoin is a viable medium of exchange. Case in point: the seller of a luxury Miami condo will only accept payment in bitcoin. The […]


Bitcoin Futures Tumble As Spot-Arbitrage Collapses

Update: The Bitcoin Futures-Spot arb spread has collapsed to around $600 in the early evening trading (led by Futures selling more than spot buying)… From a premium of over 13% last night, Futures now trade at just 4.5% above spot as the arb-spread tumbles. On a side note, we se that the Bitcoin Trust premium […]


New CME Bitcoin Futures And The Goldman Sachs Connection

Embedded into Bincoin’s genesis block by Satoshi Nakamoto on January 3, 2009, the day Bitcoin went live, was a message which is now well-known throughout the Bitcoin community. This message, taken from The Times newspaper of that day, read “Chancellor on brink of second bailout for banks”. While there is ongoing debate as to its […]


World’s Largest Online Seller Of Gold Is Now Accepting Bitcoin

It’s not quite the non-fiat singularity just yet: for that to happen, one should be able to buy gold with bitcoin, and bitcoin with gold… but thanks to Apmex, the world’s largest online retailer of precious metals, one can now cross out one half of the missing links, because as of yesterday Apmex is not […]


Goldman Will Clear Bitcoin Futures

Despite all the risk/margin worries, and volatility fearmongering, and fraud allegations, Bloomberg reports that, according to a person familiar, Goldman Sachs plans to clear bitcoin futures contracts when they go live next week. “Given that this is a new product, as expected we are evaluating the specifications and risk attributes for the bitcoin futures contracts […]


Bitcoin Surges Over $9,500 After Korea’s 2nd Biggest Bank Tests Crypto Wallet For Customers

Update: Bitcoin's surge continues as Asia re-opens, pushing the cryptocurrency above $9500 as Korea's second largest bank tests Bitcoin vault and wallet services for its clients. As Coinivore reports, Shinhan, the second largest commercial bank in South Korea by market valuation in the country is testing a Bitcoin vault and wallet service for its customers […]


JPMorgan Capitulates, May Help Clients Trade Bitcoin Futures (For A Fee)

On September 12, Jamie Dimon caused a stir (and selloff) within the cryptocurrency community when he lashed out at bitcoin, calling it a “fraud” which is “worse than tulip bulbs, predicting “it won’t end well”, will “blow up” and “someone is going to get killed.” Oh, and just to make it clear, “any JPM trader […]


New Gold-Backed Debit Card Launched In Partnership With MasterCard

In recent years, there has been a major debate about the respective merits of gold versus Bitcoin, even though many, not all, gold bulls are also supporters of the latter. Gold advocates generally view favourably Bitcoin’s inherent characteristics of decentralisation, finite supply and ability to operate (so far) outside of the usual interference by western […]


Bitcoin Surges Back Above $7200 As Square Tests Crypto Payments

"The reports of Bitcoin's death are greatly exaggerated…" Remember over the weekend, as Bitcoin crashed 30% from its highs, how the 'told you so' crowd emerged and confidently predicted the end of the bubble as Bitcoin Cash was set to run the world? Well that was 30% ago and Bitcoin is now testing back above […]


One River’s CIO: “Not Since The Housing Bubble Has Society Succumbed To Such Financial Hysteria”

Following the first excerpt from the latest weekend note by One River’s prolific CIO, Eric Peters, in which the hedge fund manager discusses the outer limits of speculation, and why there is no such thing as “this time will be different” in markets, he also had some notable observations on why of all the asset […]


Coinbase Adds A Record 100,000 Bitcoin Traders In One Day

Back in the summer of 2015, one tracked the euphoria of the Chinese stock market bubble by the number, usually in the hundreds of thousands, of new brokerage accounts that were opened on any one given day. And while that bubble has long since burst, the tradition of measuring new account openings has remained, and […]


“Long Nasdaq” Takes Over From “Long Bitcoin” As Wall Street’s Most Crowded Trade

Last month, Bank of America’s survey of active investors revealed something striking: for the first time in history, the response to what the professional community perceived as the most crowded trade on Wall Street, was “Long Bitcoin” (according to 26% of respondents), followed by “Long Nasdaq”, while “Short US Dollars” was in third spot. One […]