Category Archives: Magically Predicting the Future

A Good Argument To Sell (And Then Buy Right Back)

September is the worst month of the year for bitcoin. Since 2013, the aggregate monthly return for bitcoin in September has been MINUS 39%. There are only two other months in the year that show a negative return for bitcoin: January (minus 22%) and June (minus 7%). Already in the last week of August, bitcoin is starting to trend down.… Read More »

After the Halving, Now What?

On Tuesday, the bitcoin algorithm ordered the block reward to be cut in half, from 12.5 bitcoin every ten minutes to 6.25. And absolutely nothing else happened that day. The weekend before, of course, bitcoin dropped 16% in a matter of minutes. That happened NOT because a bunch of new money moved into bitcoin. It happened because a bunch… Read More »