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 […]
Saturday, July 15th, 2017
The crypto market is in a bloodbath. A perfect storm of record-breaking ICOs cashing out of Ethereum, massive profit taking, and the crescendo of Bitcoin scaling civil war about to reach a climax this coming August all provide a backdrop for the market mayhem. Veteran crypto traders are speculating that it’s the start of a […]
“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, […]
Thursday, March 9th, 2017
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 […]