For ten years, the chart of bitcoin was very easy to read. A very patient investor could sit back and check the calendar as to when bitcoin would take another jump in price. This is a logarithmic chart of the price of bitcoin since 2011. You will notice that during certain intervals, bitcoin breaks the logarithmic path and peaks somewhat,… Read More »
I had a hilarious conversation with a director of Bitfarms over the phone a few weeks back. “We have investors mad at us,” he said. “Why?” I said. “You guys are pretty much a double in the last two months.” “Yeah,” he said. “But Hut 8 has done better.”And so it goes. In the world of crypto, if you… Read More »
Oh thank goodness, finally the New Currency Frontier portfolio is getting some love from the market. It’s been tough buying and holding on to public crypto stocks when bitcoin and Ethereum have been outperforming them month after month. But not anymore. In a bull market, the public stocks have more torque. When mania hits, they have WAY more… Read More »
For years, the US Securities Exchange Commission (SEC) has refused to approve a Bitcoin ETF. But it’s now allowing a Bitcoin Futures ETFs to be issued and bought by North American retail investors. But I have no interest in buying any of them. They are almost guaranteed to underperform. Now, most retail investors don’t understand the difference between… Read More »
In the misspent years of my youth, I spent too much time in casinos. I know the odds of every game in Vegas. Blackjack pays out 100%, except when you get 21 on the first two cards, then it’s 150%. In craps, on any roll, if the dice comes up 7, it’s a 400% payout. In roulette putting… Read More »
I hate this question, especially at a party when I have a drink in my hand. Is bitcoin money, or is it not? So when I was interviewing Shone Anstey, CEO of LQwD FinTech Corp (LQWD-CSE) and he came up with a GREAT answer to that question, I just had to publish it. I first interviewed Shone back in 2017,… Read More »
