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
Blockchain, Banks and other Financial Institutions – Revolution Happening Now
Photo by Aditya Vyas on Unsplash How Are Banks Actually Using Blockchain? Many are planning to use RippleNet. Ripple has signed agreements with over two hundred banks and financial institutions. This is because blockchain in general, and Ripple’s technologies in particular, can save banks a great deal of money, while improving customer experience. Banks tend...Continue reading
Concerned by the Recent Drop in Bitcoin’s Price? Don’t Be.
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...
Getting Started with Cryptocurrency Investing and Trading
These posts were originally published on Medium
May 2019: Blockchain and Cryptocurrency Adoption are Kicking In
From Enterprise Blockchain Partnerships to Fintech Integrations to Government-based initiatives and Institutional Investment in Cryptocurrency, We’re Seeing Some Significant Signs of Life Enterprise Blockchain Initiatives and Partnerships Facebook is reportedly looking for allies to support its planned cryptocurrency payment service “Facebook has been in talks with dozens of financial firms and e-commerce companies to...Continue reading
How Far Down Will The Price Of Ethereum Drop? Will It Go To Zero?
Originally posted on Quora Question: How Far Down Will The Price Of Ethereum Drop? Will It Go To Zero? My Answer: Very probably not. ETH is simply the token of Ethereum, which provides the infrastructure backbone for the current blockchain ecosystem. For instance, the vast majority of blockchain projects run on the Ethereum network, and use...Continue reading
Is cryptocurrency only for the economically well-to-do?
Original Question: Is cryptocurrency only for the economically well-to-do? Originally published on Quora Answer: Actually, cryptocurrency is primarily for the less well-to-do, in terms of the benefits it offers over the long term. The only aspect of cryptocurrency that is primarily for the economically well-to-do are the secondary investment markets, ranging from globally-popular exchange trading,...Continue reading
What is the relevance of Bitcoin to the world?
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
Can you sell a security token to unaccredited investors?
Original Question: Is it allowed to make a private sale to unaccredited investors of a security token? Presuming that your question is with respect to the United States — Yes, it is – and it’s one of those things for which we can genuinely say: “THANKS OBAMA”. Image Source In 2012, then-President Obama signed the...