This image comparing Tesla’s market cap to the market caps of traditional car companies went viral this week. I think there’s going to be a similar graphic for Coinbase in 5-10 years. I'm getting vibes from Coinbase lately that reminds me of Apple, Netflix, and Tesla in years past. Investments I made that have all (more…)
Bitcoin SV Wash Trading
Rick D. at BeInCrypto.com digs into a theory for the recent spikes in the Bitcoin SV price. Is it from a BSV miner mining BCH instead, selling that BCH, then “wash trading” BSV on exchanges which pumps the volume and price. The original Twitter thread by @vinarmani can be found here. It’s actually a pretty (more…)
How I Sold My Bitcoin SV Coins
The last time I wrote about Bitcoin on the blog here was back in 2013. Bitcoin had just hit $1000 per BTC and I was still bullish. Since then, Bitcoin has “forked” a number of times. Similar to open source software, if stake holders disagree about how to build out the Bitcoin software and platform, (more…)
Bitcoin hits $1000. Where is it going?
I’m bullish on Bitcoins, from a price perspective and also from a technology perspective. Like many out there, I’m kicking myself for not jumping on the bandwagon sooner. I remember when they were $5 and I was first reading about them. I remember when they were less than $1 per coin, and my office computer (more…)