Lately across the web, mainstream media has been highlighting an individual named James Altucher an American author, hedge fund manager, podcaster, and financial jack-of-all-trades. These days Altucher has been riding the trend of the bitcoin phenomenon, and some people call him a “cryptocurrency guru.” This week, public records show Altucher and his colleagues plan to […]
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A Brand New Market Cap Wow! Look at it go! I’m talking of course about that ever-expanding coin market-cap, touching $800 Billion as I write these words. Yes, that’s very close to a Trillion bucks. And it’s still growing. At the start of the year (just over 5 days ago) we sat around $670 Billion, when seemingly out-of-nowhere, we all started watching the Ethereum (ETH) in our digital-wallets expand with fiat value. A World of Smart Contracts First to $750, then to $1000. Ethereum (ETH) may not be finished yet as it skyrockets alongside this new market-cap. But Ethereum (ETH)
It seems the ongoing spat between Bitcoin and Bitcoin Cash supporters will not be going away anytime soon. Although we saw a fair amount of mudslinging in 2017, things will only get more heated moving forward. On Twitter, @Bitcoin has posted an interesting comparison of both currencies. It is evident there is a lot of truth to this infographic, although there are sure to be some points of debate. Bitcoin has a Fair few Issues While most people still think Bitcoin is the greatest cryptocurrency in the world, we can’t afford to ignore some of its problems, especially since those problems have been present for quite
2017 was the year cryptocurrency speculation went mainstream, which is something many bitcoiners have been yearning to happen for years. But going mainstream means that the market is no longer dominated by cryptocurrency enthusiasts, and until Wall Street steps in, we’re simply going to have to accept that mainstream speculators with little knowledge of cryptocurrencies […]
Most cryptocurrency enthusiasts are well aware that BitConnect is a very problematic venture. Some people even call it an outright scam, although others still seem to be making money off it without any problems. The Texas Securities Commissioner recently sent the company an emergency cease and desist order. It’s a very big step toward shutting this dubious program down once and for all. Curtain Call for the BitConnect Scheme? Ever since the BitConnect program came to market, people have publicly voiced their concerns over this possible Ponzi scheme. It looks and feels almost identical to OneCoin, with the exception that people can actually trade
The year 2017 provided cryptocurrency enthusiasts with a lot of interesting statistics to keep an eye on. Although it is evident that a lot of currencies gained a lot of value, there are plenty of altcoins which flew under the radar despite their gains. Moreover, a lot of the top 300 cryptocurrencies were created in the year 2017, which is both exciting and worrisome at the same time. Whether or not the year 2018 will yield similar returns has yet to be determined. For now, things are certainly looking up. A Recap of the Year 2017 for Altcoins Although we already
Gauging the actual value of any cryptocurrency has always been difficult. Many people look at the market cap or the value per coin. Others look at the number of network transactions and how many merchants accept it as a form of payment. Another area worth looking into is how many commits and merges are conducted by people contributing to individual currencies and projects. When looking at this metric, there are some interesting trends in existence right now. Github Activity is Meaningful Although the activity on GitHub is not the primary indicator of any cryptocurrency’s value, it’s not something that should be overlooked either. It should be