So the crypto market cap has plunged to $60B from a high of $115B — a staggering 48% drop since last month. If this were Dow Jones or the S&P 500 then there’d be chaos in the streets. In the crypto market it’s called “just another bloody weekend.” I got into Bitcoin relatively late […]
Cryptocurrency is the new Wild West. The opportunities for big gains, as well as big epic losses, is everyone for the taking. But I’m conservative with money and a saver by nature. I’m not good at picking short-term winners. I don’t have time and knowledge to do market and technical analysis. When it comes to investing, […]
“TO THE MOON†is the famous rallying battlecry of Bitcoin blockchain diehards. It is the phrase heard around the world whenever the price of Bitcoin skyrockets relative to fiat currencies. In the last few weeks the price of Bitcoin hit gold parity. And just recently, even with the SEC rejection of the much-anticipated Winklevoss Bitcoin ETF, […]
Cryptocurrency – a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Trifecta – a bet in which the person betting forecasts the first three finishers in a race in the correct order. It was December […]
Paul Krugman picked the wrong geeks to mess with. His recent potshots at Bitcoin made him an easy target for Bitcoiners. As a rabid Bitcoin evangelist myself, I gleefully participated in Krugman-bashing on Twitter. All in good fun. I don’t take Krugman’s opinion on Bitcoin seriously anyway, especially when he’s just kidding. Gee, nice try, sir! […]