Wow! Bitcoin’s price went up 22% this month. Nice, right?
Crypto is Easy subscribers know what I expect to happen next. Everybody else: buckle up.
Complacency Kills
Last week, Stripe stopped servicing my newsletter. Stripe is the payment platform my newsletter host, Substack, uses to process subscriptions. No Stripe = no newsletter.
After a few rounds of negotiation and one well-timed tweet, we fixed the problem. I can no longer offer cryptocurrency to premium subscribers but I get to keep my newsletter.
This experience was a real wake-up call that I need to think more carefully about my setup. Substack makes it so easy to publish, it’s made me too complacent!
To everybody who reached out to me, thanks for all your concern, tips, and advice. I learned a lot about online payment processing and different ways to deliver a newsletter. Some interesting opportunities have come up, too.
For now, I will stick with Substack but maybe—maybe—I’ll switch it up in the future.
A few days behind
Last month, I promised to publish my price prediction for bitcoin’s next all-time high. I planned to make this a special feature, with charts and YouTube video explaining my thinking. With the whole Stripe problem and some other activities going on, I didn’t do that. I failed. I didn’t deliver on my promise.
Look for that feature within the next few days.
(Sneak preview: bitcoin will hit $350,000 at the next market cycle peak in mid- or late-2022. I’ll tell you why in my update.)
What you missed in July
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Updates
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Briefs
What to expect in August
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More perspective on the global financial crisis, optimism about COVID-19, and what it all means for bitcoin and altcoins.
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Bitcoin and altcoin market updates.
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My prediction for how long and high bitcoin’s bull run will go.
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Another altcoin recommendation (possibly two).
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Updates to My Plan for Bitcoin’s Bull Market.
Over the next two years, we’re going to have a lot of ups and downs that will make you feel amazing and freak you out. It’s going to be awesome, but also hard. Let’s try to make it easy. Relax and enjoy the ride!
Mark Helfman publishes the Crypto is Easy newsletter. He is a top writer on Medium for bitcoin. His book, Consensusland, explores the social, cultural, and business challenges of a fictional country that runs on cryptocurrency. In a past life, he worked for U.S. House Speaker Nancy Pelosi.
