Category Archives: Mania

Bitcoin Forecast for August 1 2017:Mischief and Chaos

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 »

How To Sleep At Night While the World Burns

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 »

Initial Coin Offerings are the Cryptocurrency Mania of 2017

“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 »