Entries by admin

Bitcoin, Gold, Silver And Armageddon

It will seem strange to many but there are a lot of people preparing for the end of the world. It’s not just the prepper community that has Armageddon anxiety, it’s quite a common thing. Who is to blame anyone for expecting the worst when the media pours out a never-ending flood of doom and

Why Did Satoshi Nakamoto Choose 21M as Bitcoin’s Maximum Supply?

Bitcoin is famous for being a deflationary currency. Its total circulating supply is capped at 21M and can never be altered. Although many have discussed the reasons for instituting a maximum cap, few know about why Satoshi chose 21M as the benchmark. Luckily, we have many documents from the early days of Bitcoin to better understand this

Bitcoin Suddenly Jumps Almost $1,000 In Minutes

Bitcoin and other major cryptocurrencies, including ethereum, Ripple’s XRP, litecoin, and bitcoin cash, have suddenly leaped, with bitcoin rising almost $1,000 in just minutes. Bitcoin climbed from $7,070 per bitcoin to $7,801 on the U.S.-based Kraken exchange, a rise of around 10%. The bitcoin price has swung wildly over the last few months, with many pointing

Is This Why Bitcoin, Ethereum, Litecoin, And Ripple’s XRP Suddenly Rocketed Over Thanksgiving?

Bitcoin, ethereum, litecoin, Ripple’s XRP, and bitcoin cash, the top five cryptocurrencies by value (excluding stablecoin tether), leaped over the U.S. Thanksgiving holiday weekend. The bitcoin price climbed from under $7,000 per bitcoin to almost $8,000 in just two days, with ethereum, litecoin, Ripple’s XRP, and bitcoin cash all making similar gains (despite some worrying

What is HEX and why should Bitcoin holders care?

One of the more notable upcoming projects in the crypto space I’ve been particularly looking forward to is HEX, developed by early Bitcoin adopter Richard Heart. Although I do not agree with all of the project’s assumptions, I personally believe it’ll be a pretty cool experiment at least. Please remember, as usual, that this is

Is Bitcoin like a commodity or like an equity?

The big question for Bitcoin: Is Bitcoin like a commodity or like an equity? I say it’s a big question because commodities bubble and when they do, they follow a series of mini booms and busts that shrink in scale over an extended period. After the commodities bubble of the early 1970s, commodities bubbled every

Bitcoin Crashes Completely Wiping Out the October Rally

Bitcoin (BTC) finally dropped all the way down to the $7.4Ks in minutes as anticipated in our previous analysis if the key $7.8K level did not hold. Cryptocurrency market daily performance. Source: Coin360 Over the past week, BTC/USD has faced a slow grind down to the $8,000 price level. Now, Bitcoin also broke below its 0.786 Fibonacci retracement

Perhaps Google Will Kill Bitcoin, After All

The bitcoin and cryptocurrency industry was spooked earlier this year by reports search giant Google had achieved so-called quantum supremacy, something that could potentially break bitcoin’s cryptography (but likely won’t). Meanwhile, the bitcoin price has climbed this year, largely due to interest in bitcoin and crypto from the world’s biggest technology companies–with others, including the likes of iPhone-maker