More Institutions, More Investors, More Users What are the indicators that this new Bitcoin bull market may be stronger and longer-lasting than the last one, which peaked near the end of 2017? Institutional Money and Infrastructure The benefits of institutional money coming into the Bitcoin market have been predicted for some time, and it’s actually...Continue reading
Please see my latest post on Medium for details. Why Everyone Should Own At Least A Little Bitcoin
A Perspective Check on Bitcoin Price Fluctuations A Very Brief Review of Bitcoin’s ten year price history Bitcoin first broke $7,000 on Nov 2, 2017. Bitcoin next dropped below $7,000 June 11, 2017. Bitcoin hit $7,000 again on July 17, 2018. Bitcoin’s price vacillated above and below $7,000 for a couple of months, but then...
These posts were originally published on Medium
Originally answered on Quora. Question as asked on Quora: “What will be the impact of Bitcoin ETF’s on the economy?” I don’t know that Bitcoin ETFs alone will have a huge impact on the economy, at least near term. However, I see the near-term advent of Bitcoin ETFs as a positive sign that Bitcoin is...Continue reading
Original Question: “What is the relevance of Bitcoin to the world?” “The most important thing that Bitcoin offers is a new form of sound money outside the control of any authority or government in the world. This is something that is very very important for the world economy and I think it is going to...Continue reading
Original Question: “What is the procedure or method used to find the nonce in blockchain technology? Is the created nonce can be repeated from the previous block?” First, for anyone who may not know, finding the nonce is an essential aspect of the overall blockchain consensus process known as Proof-of-Work (PoW), aka (one type of)...Continue reading