Investment
Ever since their invention, Bitcoin and cryptocurrencies in general have been characterized by very sharp and amplified price movements. Both in the upward and the downward direction. This makes them extremely volatile assets. In this article I take a look at the downsides to Bitcoin and cryptocurrency investing. Let me say first of all that […]
Bitcoin is a form of digital money. You can use Bitcoin for transactions. You can use it as a store of value. And you can use it for investing and trading for profit. Bitcoin has been in existence now for over 10 years and the number of users is increasing. The price development of Bitcoin […]
In my last article about Bitcoin I talked about how a $5000 cryptocurrency investment fund could increase in value over a period of 5 years to a sum of $5 million given a year-on-year fund compound value appreciation rate of 300% per annum. Such a rate of growth sounds incredible – and I made some […]
Can you turn an initial investment of $5,000 into $5 Million in just five years? Impossible, you might say. And I might have thought the same. But I’m going to explain why it’s not necessarily impossible. Let’s look at this idea in detail. How To Make $5 Million Dollars In 5 Years First of all, […]
Monero is a so-called “privacy coin”, inspired by the libertarian movement. Privacy and anonymity for users and transactions forms the basis for the design of Monero. Monero (XMR) is the tenth largest cryptocurrency by total market capitalization and the leading privacy coin. Monero XMR Market Data Current Monero Price: $103.71 Current Total Market Cap: $1.7bn […]
The cryptocurrency Bitcoin is now 10 years old. Since the appearance of Bitcoin many other cryptocurrencies have emerged and the sector is an extremely lively one with a great deal of innovation and development going on. Bitcoin, the original cryptocurrency, meanwhile continues to trundle on in much the same old way. Some modifications have been […]
Cardano (ADA) is a distributed blockchain network launched in 2017 by Input Output Hong Kong (IOHK) led by Charles Hoskinson, a former co-founder of BitShares, Ethereum and Ethereum Classic. The Cardano project has ambitious goals of building a robust high-specification blockchain system to smart contracts, decentralized applications and side chains. as well communicating with other […]
Stellar is a payment transfer protocol which facilitates cross-border payments for multiple currencies through the use of its own cryptocurrency known as Lumens or XLM. Stellar also serves as a development platform for distributed applications through the use of blockchain-based smart contracts. Current XLM Price: $0.24 Current Total Market Cap: $4.6bn (Data as at 23 […]
EOS is a cryptocurrency token for a smart contract and distributed application blockchain system designed to compete with Ethereum. EOS aims to provide a distributed virtual cloud computer known as EOSIO. Current EOS Price: $5.47 Total Market Cap: $4.9bn (Data as at 21 October 2018) Top Ten Cryptocurrencies – EOS Like Ethereum, EOS is a […]
XRP or Ripple as it’s also known was created with a different idea in mind to most cryptocurrencies. The aim of Ripple is to provide a service to the traditional banking sector by making global payment transfers much faster, easier and cheaper. XRP Ripple XRP Price: $0.46 Current Market Cap: $18.6bn (Data as at […]
Bitcoin Cash (BCH) is a competitor cryptocurrency to Bitcoin which emerged in 2017 from a fork of the original Bitcoin. BCH the fourth largest cryptocurrency by total market cap with a current valuation of around $7.5 billion US Dollars. Bitcoin Cash BCH Current Price: $437 Total Market Cap: $7.6 bn (Data as at […]
The blockchain cryptocurrency Ethereum is now three years old. Since it’s inception in 2015, the Ethereum network has now grown to become the second largest blockchain platform after Bitcoin in terms of total market capitalization. Ethererum was the brainchild of Vitalik Buterin, Gavin Wood, and several other developers, who conceived of a new kind of […]
Litecoin is currently the world’s seventh biggest cryptocurrency by total market capitalization. Litecoin LTC Market Data Current Price: $54.16 Market Cap: $3.1 bn (Data as at 16 October 2018) Litecoin was created in 2011 and was the first major altcoin to appear after Bitcoin. Litecoin is sometimes referred to as “the silver to […]
Practically everyone has now heard of Bitcoin. Bitcoin is the most popular cryptocurrency of all and the one that first comes to mind for the vast majority of people. But there now many other digital currencies besides Bitcoin which are gaining in popularity among users, traders and investors. Some of these are currencies for conducting […]
Well yesterday 5 September 2018 we suddenly saw a substantial fall in the BTC price out of the blue from around $7400 down to around $6400. There were three main moves involved in this. The first happened over 2 hours from $7400 to $7000. Then over the following 8 hours came a further fall, from […]
You’ve probably noticed it’s been some months since I’ve posted anything on the cryptocurrency theme. I was producing monthly market reviews last year but so much has been happening for me personally and in business this year that I haven’t been able to keep this up. I want to get back into posting on a […]
Here’s a warning about blockchain.info domain move phishing scam emails. I received one of these recently. The online wallet blockchain.info is indeed moving to blockchain.com. However there is an email scam in circulation trying to get people to enter their password and seed phrase into a fake website link. The email looks genuine at first […]
This has been an eventful month in the Bitcoin and cryptocurrency space. We’ve seen massive value appreciation for Bitcoin, with the BTC price almost trebling over a six-week period from November 1. Bitcoin & Cryptocurrency Market Review For November – December 2017 December was the month the two large Chicago-based futures markets Cboe and […]
Bitcoin good, altcoins bad. Bitcoin price sees big rises, while altcoins continue their fall to ever lower levels. Bitcoin & Cryptocurrency Market Review For October – November 2017 Bitcoin has risen by some 47% in price throughout October to 1 November 2017 At the beginning of November, BTC price stood at 6517 USD. The last […]
September 2017 has been a turbulent month for cryptocurrencies. Bitcoin started the month at around $4600. The question was whether the substantial growth achieved during August would be maintained through September. As it turned out, the August bull run turned out to be at an end. A lower support level for the first two weeks […]
