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!
25 Jan 2020 5 minute read 18 comments MarkHelfman
Everybody expects bitcoin’s price to hit $100,000 eventually. Stock-to-Flow models, regression analysis, and lots of other models predict it will happen. It’s fun to get excited about a $100,000 bitcoin. Many people say this will lead to mass adoptio...
21 Jan 2020 5 minute read 2 comments MarkHelfman
You’ve probably noticed a meme that’s gone around the cryptosphere for the last few years. Basically, it’s “give somebody bitcoin and they’ll realize how good it is.” Lolli does this and many people think it will get the mainstream to use bitcoin. A...
15 Jan 2020 6 minute read 3 comments MarkHelfman
Do you have a financial advisor? If not, you should. They almost always know how to manage your wealth better than you do. Nowadays it doesn’t even matter how little money you have. You can get a robo-advisor like Betterment or SoFi, but I recommend...
11 Jan 2020 6 minute read 4 comments MarkHelfman
This Tweet: Hey @bitcoin_bacon, guess what? That doesn’t give me confidence. Why would anybody have confidence in a currency that most of its holders don’t even use? And if HODLers don’t even use it, why should I? Here are some other things that hav...
4 Jan 2020 6 minute read 0 comments MarkHelfman
Everybody’s making predictions about 2020, mostly about the price of bitcoin. That one’s easy—it will hit $38,000 by the end of the year. Everybody knows that. Here are four more predictions for 2020, including one prediction nobody’s even thinking a...
28 Dec 2019 7 minute read 21 comments MarkHelfman
Ah, yes. A new year’s upon us and everybody wants to know what crypto they should buy. Why do they ask? I think we both know the answer to that question. Nobody has ever asked me about the potential social and economic impact of cryptographically-sec...
19 Dec 2019 6 minute read 6 comments MarkHelfman
Bitcoin is dead. As a conversation topic, that is. Price has dropped for months, with only the smallest bounces keeping it from falling off a cliff. Google trends shows bitcoin’s popularity keeps sinking: Last month, Stephen Colbert said he doesn’t...
14 Dec 2019 10 minute read 21 comments MarkHelfman
Cryptocurrency has an odd and insular community. It attracts anarchists, cypherpunks, libertarians, and cast-offs of all sorts and thrusts them into a world of entrepreneurs, financial professionals, and government officials. Its leaders openly mock...
11 Dec 2019 3 minute read 9 comments MarkHelfman
Between July and November 2019, bitcoin’s price crashed from $14,000 to $7,000. This drop triggered panic and despair. A new wave of commentators claimed “bitcoin is dead / blockchain is useless” and some HODLers gave up. Yet the price remains up 100...
