Bitcoin uses Proof of Work (PoW) to secure its blockchain and prevent double spending. PoW protocols deliberately “waste” electricity to make it economically and physically impossible to attack the chain. Newer coins such as PIVX use Proof of Stake (PoS) to secure their chains – this is good because it does not “waste” electricity but […]
Bitcoin is a great store of value, but is blockchain useful for anything else? Bitcoin bull Jimmy Song has written a couple of excellent articles discussing this, Why blockchain is hard Alternatives to blockchain
T50 (website) is a new tokenised index fund. If you like Invictus Capital’s C20 then you will like T50 because it is pretty much a clone. This is a good thing because it allows investors to add some diversification to their portfolio. What’s the same? ~13% dilution due to tokens issued to founders 1% annual […]
Last week wrote about how BTC solves the double spending problem. This was prescient because this week there have been two high profile attacks on smaller chains. Both BTG and Verge have been attacked and some exchanges have lost money due to double spending. No ordinary users are known to have been affected. The moral […]
Bitcoin is a step forwards because for the first time in the history of mankind someone has written a computer programme that solves the double spending problem in a decentralised network. This means that we can now create electronic cash that works just like the coins in your pocket but cannot be stolen or devalued […]
Ninety-five out of one hundred investors lose money trading. One reason for this is that like novice horse-riders they are just very bad at it. However, horse-riders can practice until they get better but traders stop because they run out of money (I know I did). So why is it that smart people can lose […]
The market has been in a miserable downward slide since January 1st. Yesterday things picked up and the MVDA Index broke its downward trend, long may it continue.
If you are only investing in Bitcoin then it is easy to understand how your investment is doing, you can simply look at the Bitcoin price in USD – if it goes up, you are winning. However investors are often interested in relative performance and ask questions like, have cryptocurrencies done better than stocks? have […]
The spectacular appreciation of Bitcoin and other coins has drawn in many ordinary people who have little experience of financial management. Now you have bought your cryptocurrencies what should you do with them? The two choices are “investing” and “trading”. Investing is the primary focus of this website and so we will discuss this first. […]
Although Bitcoin was the first coin other coins have been created with their own unique selling points. These “alt coins” include Ethereum, Litecoin, Dash and many others. The top 30 coins are very liquid and traded on many exchanges. The first alt coins appeared in 2011. Their aim was to overcome Bitcoin’s technical limitation . As of […]