There are over 2,100 coins listed on CoinMarketCap.com. This is the result of the greatest hype and speculation cycle in modern times. I have been pondering how this clusterf*ck resolves itself. Coins, unlike companies, don’t go bankrupt. As long as a group of nerds is mining a coin in their basement that coin can survive. This means that hundreds of …

Before we go into predictions for 2019 here is a recap of predictions I’ve made in the past: Trump will win the Presidential Election SP will crash before Jan 1 2019 from September 2018 update from July prediction here Buy Bitcion when it was under $1,000 Bitcoin to Supermoon (at price $750) Calling out the WSJ for being a signal of a top …

Crypto is going through a typical bubble cycle. After euphoria we have capitulation, despair and then a resumption of trend at a more sane pace. Looking back at history we can see this bubble cycle play out again and again. As the legendary investor Jesse Livermore said: “There is nothing new in Wall Street. There can’t be because speculation is …

Buckle up. This post will take you down a deep rabbit hole. “Bitcoin is an economic system”. Today I discovered a whole new meaning to this frequently used statement and I’ll share it below. First, watch the clip of this video from 2014: At 2:20 mark of this interview from 2014 it sounds like CSW is talking about Metanet. 🤯https://t.co/T59WWB7ErO …

Yesterday Coingeek posted Original Bitcoin is Reborn with Bitcoin SV (BSV); BCH Hash War Ends. From the article: CoinGeek Mining is pleased to announce the original Bitcoin is back with Bitcoin SV (ticker: BSV). CoinGeek will support a permanent chain split from Bitcoin Cash (BCH), continue mining the BSV chain, and will work with others globally to establish a vibrant ecosystem …

The intention of this post is to share very simply why Bitcoin works so well and why it will be the only cryptocurrency left standing by next year. To start, here’s a screenshot from the first page of the Bitcoin Whitepaper. Note I have highlighted the word System. This word is often overlooked when talking about Bitcoin. Drilling down on …

On November 15 Bitcoin Cash hard forked when two developer groups disagreed on the future of Bitcoin Cash. I covered the background in this post. Read that for a primer on how we got here. When there are multiple groups competing to be the default ruleset and client used to run the Bitcoin Cash network the issue is resolved using Nakamoto Consensus. …

Bitcoin Cash is headed to war. Actual Bitcoin Cash holder staring down the war machines. Who is at war? Bitcoin ABC, the Bitcoin client led by developer Amaury Sechet and supported by mining giant Bitmain is proposing changes to BCH. Amaury took the initiative to split away from BTC before Segwit was introduced, thus preserving Bitcoin as BCH. nChain, led …

If you listen to the narratives around Bitcoin you would think Bitcoin is seriously broken. There are so many groups fighting to fix Bitcoin! The truth is: Bitcoin isn’t broken. Simply put: Solving the Byzantine General’s problem and Proof of Work, which is critical to Bitcoin, is a once in a lifetime breakthrough that provides decentralization, network security, distributed ledger …

There are many Technical Analysts calling for a big BTC rally. Bullish case from popular TA guru masterluc: I am not convinced we can apply the previous log trend to the future of BTC for several reasons: BTC hit it’s scaling limit and experienced very high fees. Nothing has been done to address this matter. Lightning Network is still vaporware. …