The blockchain industry is growing at a rapid pace and may one day be the backbone of most global networks. According to Moore’s Law, technology is evolving at an exponential rate, which is making our devices more efficient and cost effective. The average smart phone now has more processing power than NASA’s computers in the […]
Decentralized blockchains like Bitcoin and other cryptocurrencies can provide individuals with more freedom than traditional financial systems. That said, liberty can be a double edged sword because it also requires individuals to be responsible and some people abuse that freedom. There are many thieves and scammers in the crypto industry who take advantage of newcomers. […]
Blockchains are distributed peer-to-peer networks that can have many different applications. Bitcoin is the mother of all blockchain technology and it acts as a financial network, ledger, software, currency and asset. We’re dealing with new technology that can simultaneously integrate multiple functions, which is why regulators have a hard time defining cryptocurrencies. Blockchains can be quite […]
Theft and human error are the greatest risks to bitcoin and cryptocurreny holders. There are many benefits to using Bitcoin just as long as you keep your private keys secure. Transactions are irreversible which makes it very difficult to recoup lost funds. For those who are new to crypto, here are three simple steps to […]
Bitcoin is a paradigm shift that’s changing the way we perceive money. It allows individuals to have full control over their finances without needing to go through a bank. Many investors are starting to use bitcoin as a long term store of value and hedge against financial uncertainty. If you’re new to Bitcoin and feel […]
Bitcoin’s bull trend is likely the result of new money coming into the markets. Since the supply is limited, new market demand can increase buying pressure on the price. With the current halving of mining rewards the creation of new coins are reduced, which adds to the scarcity. Unlike the parabolic bull market of 2013 […]
Bitcoin is known for its aggressive bull trends. There are many risks associated with owning bitcoin such as volatility and keeping your coins secure from hacks. That said, there are also many positive benefits for including bitcoin in your portfolio. #1: Store of Value Although bitcoin has its bear cycles like any other market, the long […]
Technology is evolving so quickly that our social habits are constantly being upgraded to adapt to new paradigms. Disruptive technology often starts off in the fringes of society amongst a dedicated group of innovators and early adopters, yet slowly integrates its way into mainstream culture. An example of this, is the blockchain revolution. The internet […]
Last week bitcoin broke out above prior resistance at $470, after coiling up inside a 6 month ascending triangle. China is the driving force of this bull trend, taking a 5-10% lead over the USD markets. The breakout happened on the exact day that China devalued the Yuan at over a five-year low. The […]
Last week the Counterparty developers announced that they are integrating Ethereum capabilities on their platform. Counterparty is a decentralized financial program for creating and exchanging tokens using Bitcoin’s blockchain. The platform was launched at the beginning of 2014. It has it’s own currency called XCP, which is destroyed via fees when creating new assets. XCP […]