Crypto Thoughts
Crypto Thoughts

Crypto Thoughts

My general ideas, thoughts of cryptocurrency and blockchain technology.

How OpenDAO plans to make a strong stablecoin

3 Dec 2020 1 minute read 0 comments lucasc

The OpenDAO team recognizes weakness in the current lineup of stablecoins. None of them really meet the requirements for a large-scale exchange of value like regular fiat money. When you hold a US Dollar, you generally know it will be useful. The Uni...

Technical analysis and charting: strategic use of information, or guess work? It's complicated.

2 Dec 2020 1 minute read 1 comment lucasc

Pretty much anyone with internet access can get some Bitcoin and hold it. Sometimes you can get free cryptocurrency in giveaways, or you can buy it on exchanges. When more people are interested in buying Bitcoin, they will be slowly offering more to...

BitYard Copy Trading - Earn Like a Pro! #TradewithBityard

2 Dec 2020 1 minute read 1 comment lucasc

We've all been new to cryptocurrency at one time. Many of you may be just learning how to trade right now! If that describes you, welcome to the community! You may have found out from personal experience or through observation how risky these investm...

What are OpenDAO cash boxes for?

30 Nov 2020 1 minute read 0 comments lucasc

Market liquidity is an important aspect of decentralized finance and investing in general. If you have something valuable but nobody is buying, it may as well be dirt, right? Platforms like Uniswap solve this with Liquidity Providers who agree to arb...

OpenDAO Bridges Gap Between Real-World Assets and DeFi

20 Nov 2020 3 minute read 1 comment lucasc

DeFi has the potential to not only revolutionize how people around the globe exchange value and access financial services, but to also give those same people the opportunity to break free from the arbitrary financial restrictions that prevent them f... – Democratising DeFi

18 Nov 2020 2 minute read 0 comments lucasc

The cryptospace is a proving ground for genuinely new democratic models. With the emergence of the decentralised finance (DeFi) movement, new and radical ways of reaching consensus and coordinating around money are being created with rapid open inno...

Jack Dorsey's Square buys $50m in Bitcoin

9 Oct 2020 1 minute read 0 comments lucasc

With the cryptocurrency giant Bitcoin hovering around the price point of $10,000 for months, it seems it has gained enough confidence that we are gaining another very big player! Jack Dorsey, co-founder of the social media site Twitter, is also the C...

Stuck at home? Here's how to earn some money with that free time.

22 Mar 2020 7 minute read 3 comments lucasc

With the Coronavirus pandemic in full swing and much of the world closed down for the coming weeks, there are a lot of people sitting at home, bored. The best way to prevent spread of the virus is to keep yourself occupied away from people, but you c...

Samsung Confirms: New phones will integrate crypto. What does this mean?

15 Feb 2020 1 minute read 0 comments lucasc

Cryptocurrency for many years was seen as a niche tech thing that most people did not understand and even less owned a large stake in them. Now, as more and more apps are putting crypto in our wallets and on our investment portfolios, big money is mo...

Will Bitcoin pass 25k in 2020?

10 Feb 2020 1 minute read 0 comments lucasc

The Bitcoin price has gone up to around 19000 before. With more adoption and development moving forward all the time, we are prepped for a big gain! You can see last time the price went up, it went up hard all the way to nearly 20k. After falling be...