Well, it was interesting while it lasted. Bitcoin has given me plenty to write about these last 15 years. Up, down, up, down, and shake it all about. This tumble feels different. No one is trying to seriously defend it. The walls are down and Bitcoin may be about to vanish in a puff of logic… or will it?

Global Markets surge ahead. Bitcoin has been left behind. Yet again the crypto bubble has popped. All that’s holding it up is buy-the-dip greater fools, hope and belief – none of which are strategies for success. Time for a reassessment of what Bitcoin is and isn’t, and why it’s time to stop wasting energy on it!

Bitcoin believers are perfectly entitled to believe what they want to believe. The rest of us: too clever to fall for the hype, or too stupid to understand – depending on your perspective, have grandstand seats for the BTC “how low will it go this time” championship.  

Crypto looks to be in Free Fall. If it previous crashes are any guide, it will fall between 70 and 80% before it stages yet another improbable recovery, or will it? There is so much noise, manipulation and outright shysterism around Crypto it makes little sense to risk playing the greater fool and buying falling knives. That doesn’t mean you can’t still trade the market’s gullibility!

One man’s bubble is another’s irrefutable investment thesis. After a year when so many markets, and individual assets, have defied expectations and common sense, one stands out for its incredible and largely speculative upside – Bitcoin. No other “asset” so divides the market. Time for a deep dive into what it might and might not be.

Bitcoin breaking $100k was a judder moment in a market already awash with signs and portents suggesting irrational exuberance has gone too far, and a correction is coming. Meanwhile… the UK govt declares war on Porridge.

Bitcoin is either the greatest thing ever, or a complete Ponzi. Take your pick. The Shills cite multiple reasons its going ever higher. It looks to be in the speculative mania phase - joining a long and distinguished list of scams that sought to draw in the greater fools. While some target $750k, the price history may suggests $25,000 as a more realistic entry, and even that could be unsustainable if the euphoric bubble finally pops.

Questions, questions, everywhere this morning! Bitcoin has staged a spectacular rally since the US election. I am assured - by crypto-shills - this makes it a proper financial asset. Oh, here was me thinking it was money. Nope. It’s an asset. Really? Also, a podcast on why Musk should buy Boeing. And what does the new US defence secretary likely mean for the US military and the future of NATO-CANZUS.

The Media think they’ve identified Satoshi Nakamoto, the inventor of Bitcoin. While I doubt it, it raises enormous questions that about the credibility of Bitcoin, its adoption, and cast doubt on the foundation myths Crypto Shills push. Satoshi’s bitcoin wallets are currently worth over $67 bln! If the Truth emerges, Bitcoin could pop.

This week will be about listening to Central Banks. Meanwhile, the US Bitcoin Conference in Nashville over the weekend was an eyeopener – could Crypto be the issue that wins the election for Trump? The conference might has pressed the Bitcoin reset upside button.