Cryptocurrency has an odd and insular community. It attracts anarchists, cypherpunks, libertarians, and cast-offs of all sorts and thrusts them into a world of entrepreneurs, financial professionals, and government officials.Its leaders openly mock our modern institutions of finance, ridicule our policymakers, scorn our regulators, and belittle those who envision a world that doesn’t mesh with … Continue reading Why You’re the Only One Who Cares About Bitcoin and Cryptocurrency
Bitcoin's price crashed from $14,000 to $7,000 between July and November 2019. This drop triggered panic and despair. A new wave of commentators claimed "bitcoin is dead / blockchain is useless" and some HODLers gave up. Yet the price remains up 100 percent since the beginning of this year. Many hope this most recent dip … Continue reading Three Reasons the Next Bitcoin Rally Will be Monumental
Bitcoin's price doubled this year, spiking from $3,200 to $14,000 before settling into its current price of roughly $7,000. In bitcoin terms, a very disappointing year. Not as bad as 2018, when price fell 86 percent, but it's also not a great way to end the year with a 50 percent drop. When you add … Continue reading Bitcoin’s Dead. Blockchain Sucks. Time to Sell?
I usually post on Fridays but Karthik from AC Market passed along this infographic, Blockchain in Mobile Application Market. I figured you might want to see it, ergo I posted it on this page. Have a look: To my U.S. readers: Happy Thanksgiving!
Bitcoin is dead. As a conversation topic, that is. Did you see today's price drop? Price of bitcoin on November 22, 2019. Even Stephen Colbert doesn't want to hear about it (wait for the 1 minute mark): https://twitter.com/colbertlateshow/status/1192617734091288582 Google trends shows bitcoin's popularity keeps sinking: Google trends data for bitcoin, November 22, 2019. Worse, nobody … Continue reading Why Nobody Will Talk About Bitcoin This Holiday Season
If you haven't heard of the Crypto Rating Council, join the club. Most people haven't. CRC rates the likelihood U.S. regulators will classify your favorite cryptocurrency as a security. This helps you know which tokens can and can’t be traded on U.S. exchanges---and which ones might get de-listed if the government says so. Props to … Continue reading Crypto Rating Council: Most Underappreciated Development of 2019?
Earlier this year, Hacked published an article comparing bitcoin to the California gold rush, when the discovery of gold sparked a frenzied, greed-driven migration into California from 1848 to 1855. It's an interesting analogy because our folklore says the gold rush left everybody destitute except the frauds and scammers who ripped off speculators. Something to … Continue reading Bitcoin is a Modern-Day California Gold Rush. Will it End the Same Way?
A little while back, 1984 Group asked me to review their beta version of Utopia, a new blockchain-based communication platform. Of course I said yes. After fooling around with it for a bit, mining some tokens and thinking about how this project fits into the cryptosphere, I decided to share my thoughts about it. (TL;DR---could … Continue reading Project Review—Utopia
Originally posted on CCN, republished here with light updates (the markets shifted a little since it was published). After dropping for months, bitcoin’s price recently spiked 40 percent when China’s president announced the country’s embrace of blockchain technology. That rally marked the third-biggest 24-hour move in bitcoin’s history and sent the cryptoverse into a frenzy. Bears turned into … Continue reading Bitcoin’s Latest Price Pump: New Life or Last Gasp?
A while back, I gave an interview to AtoZ Markets writer Maya Mandzikasvili. If you haven't read it, check it out here or read it below. Who is Mark Helfman to the public? I’m a regular guy from the U.S. who fell down the cryptocurrency rabbit hole. When I'm not working my day job or … Continue reading Interview With Mark Helfman, Author of Consensusland: A Cryptocurrency Utopia