Three cryptocurrency articles in one week.
It’s hard to ignore cryptocurrencies when given another historic opportunity to witness mass hysteria in real-time, this time in a field that I’ve essentially studied my entire life (computers, math and engineering).
Only in the past decade or so I dedicated more time to study psychology to comple… Read more
Coincidentally a week after my prediction that governments would use the bursting of the crypto bubble as a scapegoat for continued bad economic policy and the unraveling of all other debt-fueled bubbles, RT releases a report on Saxo bank’s prediction that Russia and China are on board with that plan.
… Read more
“The rise of bitcoin and other cryptocurrenci
This image has been making its way around the Internet to recruit fresh blood into the BitCoin pyramid scheme. Its prey: those that aren’t thinking for themselves and are looking for a way to get rich quick with no effort. It targets people easily persuaded by news of others making easy money, and a meme like this gives them comforting rationalizatio… Read more
Please do some more research […] when the LN (Lightening (sp) Network) comes out it will address these issues and maintain the 1mb block size which will help it remain decentralized.
The lightening (sp) network coming soon will solve many current problems with Bitcoin.
I don’t think you understand.
“I don’t think you understand… Read more
Here’s my conspiracy theory in a nutshell:
The hype of cryptocurrencies is backed by governments and banks (Russia and China are explicitly doing so). Global market psychology is manipulated by driving up cryptocurrencies with an injection of capital (on the scale of 70%+ of the market cap). The sharp rise in the price of cryptos garners widespre… Read more
As of the time of the writing of this article, BitCoin has eclipsed $15,000 USD/BTC, nearly double its value from a month ago. Similarly, another cryptocurrency which I tout as technologically better than BitCoin due to its more privacy friendly transactions, Monero, has nearly tripled in the same timeframe.
Global housing markets, stock markets, cryptocurrency markets, you name it — everything is at record highs today.
What else is at record highs? Debt.
It is still folly to think any market is primarily operating under fundamentals rather than leverage-fueled speculation.
The cryptocurrency bubble is interesting because it has the persuasive pro… Read more
Scott Adams, author of Dilbert and self-proclaimed hypnotist, believes that persuasion is the dictating force in a world where facts don’t matter.
I largely believe he is right. However, I believe that psychology is what influences the short-term future. In the long term, the trend is dictated by facts and fundamentals.
We are talking about the tre… Read more
In order to meet the demand of the cryptocurrency bubble, hardware manufacturers have increased manufacturing of “riser cards”. A riser card allows bulky expansion cards such as graphics cards to attach to a motherboard without being inhibited by a shortage of space on the motherboard.
The demand for video cards and riser cards have risen … Read more
Estimate of total time required for average computer user: 10 minutes.
If you are looking to get into cryptocurrency without risking a dime, you can use your existing work and home computers to mine cryptos while you are away from the computer.