It’s the volatility in crypto that is killing the average investor and making any attempt to assign a valuation to any coin nearly useless. Bitcoin dropped nearly 30% in the last three months (from $9826 to $6985). But just last month it went from $6531 to $8168, an increase of 25%. But that’s nothing. Other lesser-known crypto-coins have… Read More »
Many times over the last year I’ve been asked what is the use of Bitcoin? And I have said it is because of gambling. Gamblers love bitcoin. It’s taken over the online gambling industry. I even wrote an article on this $550-billion-a-year industry moving to bitcoin. Ethereum is no different.I’m sure you have read many news articles about how… Read More »
Bitmain, the dominant supplier of mining rigs in the world, is planning to go public in late 2018 or early 2019 on the Hong Kong stock exchange. At present it is seeking a $1 US billion pre-IPO financing. This is not wishful thinking by Bitmain’s management team. They just completed a Series B funding of US$300-400 million headed… Read More »
Dear Reader: I have been working with Smallcap Discoveries since 2014. Since that, Paul Andreola and Brandon Mackie have picked multiple five- and ten baggers. Their track record is second to none over the last five years. Their retention rate for paid subscribers is the highest in the industry (I know). They specialize in small cap stocks and… Read More »
For the first time this year, the Bitcoin hashrate has stayed flat for one month: https://www.blockchain.com/charts/hash-rate In case you are having problems reading the fine print, this chart shows the bitcoin hashrate at the start of 2018 was just under 15 million terahash, and through the month of June and July, is topping out at just over 43… Read More »
There are SOME people who think bitcoin will nearly double in price over the next three months and are willing to bet on it. They are putting up cold hard cash and will lose of all unless the price of bitcoin does something very dramatic over the summer. Let me show how I know this. This is a… Read More »
