Perspective, opinion, and commentary on bitcoin, altcoins, and cryptocurrency for people who want to focus on the big picture. Don't sweat the day-to-day. It's cryptocurrency - relax and enjoy the ride!
14 Feb 2025 3 minute read 0 comments MarkHelfman
With JP Morgan’s latest criticism of Tether’s inability to comply with Congress’s stablecoin bills, you may wonder what the fuss is about. Tether’s stablecoin, USDT, almost single-handedly holds the crypto market together. At $140 billion, with tenta...
21 Jan 2025 2 minute read 1 comment MarkHelfman
Are you into crypto? Social media tells you to trust data models and cycle theories like power laws, four-year cycles, and stock-to-flow. Should you? They all disagree with each other and have no predictive value (unless your prediction is, “Bitcoin’...
20 Jan 2025 1 minute read 2 comments MarkHelfman
Have you heard about Elliott Waves? It's a way to understand movements of prices and anticipate shifts in trends. A “Wave 5” for the ages? According to the Elliott Wave Theory, markets move in five waves. The first wave is small but noticeable, follo...
13 Dec 2024 8 minute read 5 comments MarkHelfman
Not long ago, Federal Reserve chairman Powell pledged to plunge the US economy into recession and throw millions out of work to get inflation down. More recently, he pledged to keep interest rates low enough that people and businesses go further in...
6 Dec 2024 2 minute read 2 comments MarkHelfman
Analysts have come up with all sorts of data models and metrics to predict Bitcoin’s major cycles and peaks. Most of them predict lofty prices and bull markets that will last at least another year or more. One metric suggests they might be wrong. Let...
20 Nov 2024 3 minute read 2 comments MarkHelfman
Welcome to the great crypto bull market of 2024–2025. The “banana zone,” as some call it. You’re here to make a TON of money. There are two ways to do this with crypto: trading and investing. Make sure you know the difference, or it might cost you! M...
16 Nov 2024 3 minute read 1 comment MarkHelfman
This year, MicroStrategy bought over $700 million in Bitcoin. That’s on top of more than $6 billion acquired in prior years. Not bad for a company that’s barely profitable and loses money in most quarters. Its most recent earnings presentation laid o...
15 Nov 2024 3 minute read 16 comments MarkHelfman
Imagine discovering an investment that goes up 50% on average each year with occasional big drops that you can buy for even further gains. Would you buy it? No. What if that asset went up 10% on average each year? Would you buy it? Yes. Chances are,...
5 Nov 2024 6 minute read 14 comments MarkHelfman
Did you hear? Despite giving people free Bitcoin, making it legal tender, and rolling out a universal BTC payment app, El Salvador’s government can’t get people to use it. Does that surprise you? After all, the cryptosphere said that people will use...
31 Oct 2024 3 minute read 14 comments MarkHelfman
Next week, the US will hold a presidential election. At that time, we will vote not for a presidential candidate but for an impression of the candidate we see on TV and at campaign events, read about in newspapers and blogs, and hear about from our f...
