The story of cryptoeconomics seethes with intrigue. More than anything else, discovering the identify of the creator of Bitcoin is the most enigmatic. We certainly have the whitepaper he wrote in clean concise academic terms in 2008. We also have a series of emails he wrote to early adopters. But in 2011 his trail went […]
Month: June 2019
ETH Set to Soar Past $2000 by This Analysis
There are a myriad of tools at the disposal of blockchain researchers trying to predict future price movement based on chart patterns. Today we take a look at an analysis of Ethereum done by @carpenoctom. Our fellow employed the 100EMA/100SMA plots looking for crossing over points during the exchange lifetime of Ethereum. The 100 day […]
Data Shows Bitcoin is Used as Asset, Not Currency
When Satoshi invented bitcoin it seemed to be his intention to create a digital currency to be utilized for transactions that do not require a trusted 3rd party. He didn’t mention in his whitepaper the possibility of the asset becoming a store of value. Over time as Bitcoin was used mainly for illicit activity and […]
Pundits Calling for Bitcoin to Reach from $1 Million to $8 Million
Since Bitcoin was first launched by Satoshi in 2009 its value had steadily been increasing. Now at 10 years of age the digital coin is nearly worth $10,000 down from a peak of nearly $20,000 over a year ago. It would seem the concept for Bitcoin was for it to be used as a digital […]