Tag Archives: bitcoin

Crashes, Crypto & Money Disasters

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Full Disclosure: The Author [Richard Ronc] has no cryptocurrency holdings.

The last week in the markets have been … interesting to say the least. Volatility is not merely a word that should be used to tell people that something is going bad.  Volatility can also send things the other way … violently, with bone snapping force. We saw that on Thursday – finely enough the Core Price inflation report came in ‘better than expected’ along with unemployment claims showing a potential sign of economic slowdown and as a result … the markets took off.

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Could Crypto Show its Darker Side?

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Full Disclosure: The Author [Richard Ronc] has no cryptocurrency holdings.

Chronologically, it’s about time for my annual crypto bashing session … well not really.

Crypto currencies just do their own thing … or do they? (referencing Bitcoin and Ether only) the last 6 months of history does appear to show some insight into not just what crypto currencies do, but what they might also do in future. But at a rudimentary level, there are some interesting things to look at.

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Why Open Source [Crypto] is Going Nowhere … Yet

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Full Disclosure: The Author [Richard Ronc] has no cryptocurrency holdings.

With Bitcoin [BTC] recently surpassing the $1 Trillion dollar market cap, it’s pretty safe to say that Crypto is here to stay. I mean if cryptocurrencies were truly worth nothing then surely the whole idea of a decentralized currency, that no one owns, controls, or backs would have fizzled out by now … right?

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Why you should not trade crypto

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Full Disclosure: The Author [Richard Ronc] has no cryptocurrency holdings.

Have you ever been in a car with a lunatic who just kept doing stupid ****? Have you ever seen that crash coming and simply frozen as all of the events have simply unfolded around you? Have you ever been in a situation so unstable and so out of control that if you turn away for a single moment you know that you’re in trouble?

Welcome to the Cryptoverse. Finely enough unlike financial editor Ross Greenwood I’m not going to tell you cryptocurrencies are bad or that you need to stay away from them. Not at all.

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