They say that four thousand people showed up for this conference and I believe them… But I only really came to investigate two stories, DASH and tZERO. Neither disappointed. Ryan Taylor, CEO of DASH, gave a presentation this morning with lots of good news coming out: Here is the big one:If you go to the Piiko website, you will… Read More »
The crypto-currency exchange Coinbase listed Bitcoin Cash for trading on December 19th, and the coin exploded in value. On December 18th, the price was $1900 USD. The next day, it reached a high of $4200—a 221% increase. The market cap went from $32 billion to $67 billion, an increase of $35 billion USD! Overnight doubles are pretty rare… Read More »
Last week I talked with a Canadian bitcoin mining executive who confided that he had been approached by Chinese miners looking to move their operation to Canada and were interested in a joint venture. That same day, Reuters broke the story that Bitmain (largest Bitcoin miner in the world) is looking to expand into Canada. You should click… Read More »
Right now, “blockchain” is a sexy word that companies use to get investors to give them money—and its working. Very well. But I would feel safer investing in blockchain companies that make money, if I could, RIGHT NOW…however, that is, for the most part not going to happen anytime soon. The next best thing I look for is…companies… Read More »
Coinbase has now more users (13 million plus) than the Schwab brokerage house (10.6 million customers). Most of those customers have been added in the last six months. Coinbase had one day where they added 100,000 customers and one week where they added 300,000. There is no hotter market on the planet than the crypto-exchange sector. In fact,… Read More »
The entire cryptocurrency universe is on lockdown this month as the exchanges had to surrender to overwhelming demand and shut down new accounts. Or, you can open a new account, but you can’t fund the account without your account getting verified. When will your account get verified? Nobody knows. These exchanges are small businesses with normal, over-worked human… Read More »
