Bitcoin Gold a Shitcoin Vulnerable to Attack Despite $200 Million Market Cap

The War On Shitcoins Episode 1: Bitcoin Gold (BTG). The war on shitcoins is a Crypto.IQ series that targets and shoots down cryptocurrencies that are not worth investing in either due to their being scams, having serious design flaws, being centralized, or in general just being worthless copies of other cryptocurrencies. There are thousands of… Read more

XRP is a Security, but Ripple Doesn’t Want You to Know

With the recent SEC announcement, fear has spread through an already weak market, fear that many ICO’s of the last few years will meet an end at the hands of the SEC as each is deemed an unregistered security. Ripple Labs, the creators of XRP, has been staving off that accusation for some time, swatting… Read more

CME Bitcoin Futures Are Poisoning Crypto

The Chicago Mercantile Exchange (CME) launched Bitcoin futures on 17 December 2017, the same day the price of Bitcoin peaked near $20,000 and then began to crash, a crash that has lasted a year. Today, the price of Bitcoin is $3,200 and falling. The launch of the Bitcoin futures on CME and the drastic decline… Read more

Inflation Hits 100% Per Week In Venezuela, Currency Collapse Is Imminent, And There Is No Evidence That The Petro Is A Cryptocurrency

The newly re-denominated Venezuelan fiat currency, the Sovereign Bolivar (VES), is supposed to be backed by the Petro, which is the official cryptocurrency of Venezuela. The government of Venezuela began the public sale of the Petro on 29 October 2018, and it has been over a month since then, but based on the accelerating hyperinflation… Read more

51% Attacks Becoming More Likely For Small Cap PoW Cryptocurrencies, Vertcoin (VTC) Is Latest Victim

The increasing amount of hashing power securing major cryptocurrencies like Bitcoin, Litecoin, and Ethereum may be good for the security on those networks, but it is simultaneously compromising the security of smaller cap Proof of Work (PoW) cryptocurrencies. For example, someone can take a small fraction of the hash power securing Litecoin, the #1 Scrypt… Read more

Has the Bitcoin Hash Rate Peaked? Comparisons with Oil Show Interesting Findings

The Bitcoin mining hash rate had been exponentially increasing on average since the genesis block in 2009, from MH/s, to GH/s, to TH/s, to PH/s, to EH/s, and it reached an all-time record high of 62 EH/s on 26 August 2018. Since this peak was reached, the Bitcoin mining hash rate gradually plateaued and has… Read more

Burstcoin (BURST): A Dark Horse That Could Become A Major Cryptocurrency, The King of Proof of Capacity

Currently the cryptocurrency space is flooded with copycat coins and initial coin offering (ICO) tokens, most of which are moving steadily down the ranks on CoinMarketCap as the bear market of 2018 continues. This bear market is weeding out cryptocurrencies that have little long term potential, and cryptocurrencies that have strong communities and unique technology… Read more

DECONSTRUCTING FUD: Two FUDdy Takes on the Approaching One-Year Anniversary of Bitcoin’s All-Time High

Since the beginning of crypto a decade ago, the purveyors of FUD have used hyperbole to heat up the news. It’s always been part of the scene in crypto, whether the market is mooning or “Plunging off a Cliff” (an actual headline). But we’ve seen this phenomenon intensify so much recently that it’s emotionally grueling… Read more

A Different Kind of Double Bottom

Recently, The New York Times published a piece reporting that the Winkelvoss twins are suing Charlie Shrem, alleging fraud over 5,000 Bitcoin left me depressed and bewildered. The New York Times piece used graphics and language to imply that the Winkelvoss twins were justified in their lawsuit based on the fact that Charlie had purchased… Read more

Janet Yellen’s Recent Comments on Bitcoin are Misinformed

Former Chair of the Federal Reserve Janet Yellen criticized Bitcoin and doubted its utility at a Canada Fintech forum recently. At the 2018 Canada Fintech Forum held in Montreal, Yellen used a series of misinformed claims to detail why she is “not a fan” of Bitcoin. Yellen opened her argument saying that very few transactions… Read more