For investors familiar with only the North American stock exchanges, the wild and wacky (and unregulated) world of cryptocurrency can be a little…hard to believe. But I swear this story is true. On July 14th, 2017, the self-amending cryto-ledger project called Tezos raised US $232 million, with the first $160 million raised in 32 hours by means of… Read More »
With less than 24 hours before the Bitcoin hard fork (ie a rebel group splits off and creates Bitcoin cash, the price of Bitcoin looks remarkably stable: Coindesk has a good technical explanation for what will happen tomorrow, but here is a quick summary: On August 1st, a rather large mining pool (Bitcoin server group) will allow individual… Read More »
At the time of writing, 8:00 pm (Vancouver time July 16th), Bitcoin is staging yet another mini-rally with the price hovering near $1990. Ethereum is also bouncing back with a current price of $160. On the week, Ethereum is down $80 or 33%. Bitcoin is down $500 or 20%. THAT’S IN ONE WEEK. At present, my cryptocurrency position… Read More »
“ICO’s will not go away. For the first time in financial history, founders can access capital from both large and small investors armed with nothing more than a slick website. No regulatory filings or egregious investment banking fees are required to raise capital. The capital of the 99% is there, and they are hungry to participate in the… Read More »
