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: The Results are In

Note: If you have no idea what an ICO is, please check out my introductory post on the subject. In the interest of research, I participated in three initial coin offerings  (ICOs) during the month of June. Let’s see if I made any money. Minex Closing date of ICO: June 15th ICO price: 0.00230755   Current price: 0.00230755 BTC Amount… Read More »

Dark Money in the Cryptocurrency Universe

Dark matter roughly makes up 80% of the universe. Or so the physicists say. We know – or think – dark matter exists because the galaxies stick together when there is not enough observable matter to keep them from flying apart. But there is no direct evidence of dark matter. All experiments to “prove” dark matter exists have… Read More »

Explaining Bitcoin to Martians

Or: You are over the age of fifty and you don’t understand techie stuff… Once or twice a year, I allow myself a trip to the Shameful Tikki on Main Street, Vancouver, where the rum is served in goldfish bowls that are decorated with floating fruit and candle boats. After a few bowls shared with some close friends,… 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 »

The Cryptocurrency Bubble: Not as Big as you Think

The total market cap of all cryptocurrencies is now more than $100 billion US. Bitcoin leads the way with a $45 billion cap, but Ethereum is coming up fast with a cap of $32 billion.  The one-year return on Ether is more than 1000% The bubble must burst, the market must crash, we are overdue for a correction….… Read More »