Thoughts, news and views on cryptocurrencies
29 Aug 2019 1 minute read 0 comments beachbummer
People are generally more comfortable with the idea of trading long, where you buy something to sell it at a later time (hopefully together with a profit!) However, some exchanges and products allow you to do short trades, which is selling something...
28 Aug 2019 1 minute read 2 comments beachbummer
Forbes has released an interesting news article about China having the intent to release their own digital cryptocurrency within 3 months, with a target date of 11th November. With the Central Government in control of the project, they have directed...
28 Aug 2019 1 minute read 2 comments beachbummer
Unlike other cryptocurrencies like BTC and LTC that require specialised hardware to mine, Gridcoin (GRC) can be earned using almost any type of hardware, ranging from mobile phones to desktop PCs. How it is able to achieve this is through rewarding u...
27 Aug 2019 1 minute read 2 comments beachbummer
In news that can potentially tank the entire crypto market, Craig Wright just lost a court case and he now has to transfer 500,000 BTC to the estate of Dave Kleiman. While this will be a windfall to the estate, the estate tax is 40%, which means that...
27 Aug 2019 1 minute read 4 comments beachbummer
Ideally, we should all be using hardware wallets to store our coins. However, there are many coins that are not supported by hardware wallets and you may have no choice but to use a software wallet. Another possible factor is that you may not be will...
26 Aug 2019 1 minute read 0 comments beachbummer
If you have bags of BNB, USDT or ETC lying around, you now have a way to earn extra income without selling your crypto! Binance has launched a new margin scheme where you can lend BNB. USDT or ETC to them, and they will in turn pay you an interest eq...
26 Aug 2019 1 minute read 3 comments beachbummer
At time of writing, BAT is near its all-time low based on the weekly candlestick charts. This actually presents a valuable buying opportunity as BAT is one of the few tokens with a viable product that is already actively in use in the market! How do...
23 Aug 2019 1 minute read 3 comments beachbummer
A news item popped up where the US Treasury was trying to do the right thing by blocking funds to 3 alleged Chinese drug kingpins. The only problem was that these criminals were using BTC and LTC address to receive funds from their clients, so the US...
22 Aug 2019 1 minute read 0 comments beachbummer
You might already be familiar with the Faketoshi story where a person claiming to be Satoshi Nakamoto said he was unable to prove his identity as he had lost his private keys after a hard drive failure. You should protect yourself from such events by...
21 Aug 2019 1 minute read 0 comments beachbummer
The concept of passive income has always been appealing to many people. Who doesn't want to earn an extra buck by doing nothing? Well, to get there you will still need to do something first, which is to obtain an asset that generates passive income f...
