Tag: bitcoin
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A great upbeat article on the state of crypto
Yesterday when I announced Cryptostar.money and my offer of a free listing for crypto businesses I commented that the current situation is bleak in the UK. This morning I read a much more upbeat article that highlights the positive developments in crypto. The title is meant to be ironic. https://medium.com/@joshromportl/why-bitcoin-and-crypto-have-no-future-4f95980bb774 View at Medium.com
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Bitcoin Solves the Double Spending Problem and Creates Sound Money
This post first appeared on my other blog Cryptoindex Guru. Bitcoin is a step forwards because for the first time in the history of mankind someone has written a computer programme that solves the double spending problem in a decentralised network. This means that we can now create electronic cash that works just like the coins…
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Trading will bankrupt you – yes, you!
Trading is like playing Russian roulette Ninety-five out of one hundred investors lose money trading. One reason for this is that like novice horse-riders they are just very bad at it. However, horse-riders can practice until they get better but traders stop because they run out of money (I know I did). So why is…
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Amazon wants you to grow dope!
When I logged into Amazon today with my company account I was prompted to buy dope growing equipment. Perhaps this is simply a prelude to Amazon taking Bitcoin? For the avoidance of doubt: I don’t grow dope and believe that in listing and promoting such drug paraphernalia Amazon is probably breaking the law.
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Cryptocurrency Index investing
In my last post I advised readers not to invest in Bitcoin at $16,000, since then it has crashed, gone up to $20k, crashed to $10k and is now at $12.5k. It’s a rollercoaster ride. If you believe that cryptocurrencies are a new asset class that has some fundamental value then you may wish get…
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Bitcoin – what to do next
DO NOT BUY ANY BITCOIN – IT WILL CRASH AND YOU WILL LOSE ALL YOUR MONEY (8/12/2017) If you already have Bitcoin and have not, like myself, sold everything weeks ago in a fit of panic – well done. But you might be wondering what to do with it. There is a very good article…
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Best explanation of Bitcoin ever
This is a brilliant explanation of Bitcoin. Even if you are expert in cryptocurrencies you will enjoy it. https://cointelegraph.com/news/blockchain-might-be-just-copy-of-age-old-money-practice-opinion
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Cocaine, hippos, Bitcoin and blockchain, an explaination.
Bitcoin is quite topical at the moment so I have written this post in case you are interested. What is money? Before starting a discussion about a currency it is help first to understand what money is. To do this we need to go back three or four thousand years when most of our forebears…
Dr James Bayley 