I am shorting the Tezo coin. The Tezos initial coin offering was one of the largest of the summer of 2017, with $230 million US raised (now worth $400). It is now a complete disaster, with Tezos now officially under investigation by ICO investors. Trading of the tokens has been suspended indefinitely. All money raised by the ICO has… Read More »
The last time Bitcoin did a hard fork, investors made easy money. It’s about to happen again—tomorrow in fact. On August 1st, Bitcoin split into two coins, Bitcoin and Bitcoin Cash. The day before, Bitcoin was worth $2875 and the day after the split, it was worth $2735. And if you had parked your Bitcoin in a wallet… Read More »
HIVE is the first cryptocurrency mining company in North America to go public with major assets, provable cash flow, and a road map for massive expansion. With $40 million in cash, HIVE Blockchain Technologies (HIVE-TSXv) will pursue a strategy of aggressive growth with the planned acquisition of more data centres from Genesis Mining in the future. Genesis is the largest cloud Bitcoin… Read More »
A lot of “smart” investors are claiming cryptocurrency miners face diminishing returns. Do so at your peril. There will undoubtedly be layers of winners in crypto, but miners will be much bigger for much longer than most people think. But my research has convinced me that public companies in the cryptocurrency mining space will have a fabulous 2018.… Read More »
It may be a long time before Bitcoin and Ethereum are used in day-to-day transactions. Or will it? Very soon we might see credit cards and debit cards that are funded and backed by cryptocurrencies. According to WalletHub, in 2015 the number of credit cards from the four primary credit card networks (i.e. VISA, MasterCard, American Express, and… Read More »
Two major crashes in a lifetime can make anybody cautious. I was an investor during the tech boom of the late 1900s and survived (barely) the NASDAQ crash of 2001. I was also investing in the years 2007 and 2008 and everybody knows what happened then, although I try to forget. I don’t think I’m a super-cautious investor… Read More »
