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Thoughts about cryptocurrencies

What is a decentralized autonomous organization (DAO)?

3 May 2020 1 minute read comments Jumble

A decentralized autonomous organization (DAO) is an organization that operates by rules encoded in smart contracts and put on the blockchain. A DAO is decentralized because it is an online community. A DAO is an autonomous organization because: the...

What is the future for cryptocurrency exchanges?

1 May 2020 1 minute read comments Jumble

Today, you can buy, sell, or swap different cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) on a cryptocurrency exchange. Each year, cryptocurrency exchanges earn billions of dollars from trading commissions and w...

How to be safe on the internet during the coronavirus quarantine

30 Apr 2020 1 minute read comments Jumble

At this time, most people stay at home because of a mandatory coronavirus quarantine. In most countries, home internet use has increased very much. Equivalent to “wearing a mask” to stay safe from the virus, it is also important to be safe when on th...

The outlook for Bitcoin is good!

29 Apr 2020 1 minute read comments Jumble

In early March, the value of all asset classes decreased very much. At that time, the outlook for the future was bad because of the Coronavirus (CV). At this time, the outlook has changed, and slowly, the price of Bitcoin (BTC) and most asset classes...

Most of the listed trade volume for cryptocurrencies is fake!

28 Apr 2020 1 minute read comments Jumble

It is accepted that many exchanges do “wash trades” to increase trade volume. Wikipedia defines a “wash trade” as: This may be done for a number of reasons: to show that a cryptocurrency has a large demand to attract traders to the exchange. The w...

Is the outlook for Ethereum good or bad?

28 Apr 2020 3 minute read comments Jumble

Ethereum and Blockchain 2.0 Ethereum was the start of Blockchain 2.0 applications. Ethereum lets you do more on the blockchain than send a payment (Blockchain 1.0). Bitcoin was the start of Blockchain 1.0. Ethereum added smart contracts to the blockc...

The top subjects for posts in Publish0x

26 Apr 2020 1 minute read comments Jumble

What are the top subjects for posts in Publish0x? Here are the results from a Google search for the top subjects for posts in Publish0x. To get a large number of readers and followers, it may be necessary to post about these subjects. Good luck with...

Do I make an App or dApp?

26 Apr 2020 2 minute read comments Jumble

Have an idea for a new application? Great! But should it be an App or a dApp? What is a dApp? A dApp is an app for the blockchain. The “d” is an abbreviation for decentralized. What does the blockchain have that makes it special? A blockchain is a da...

Bitcoin Price Explained

24 Apr 2020 1 minute read comments Jumble

The price of Bitcoin (BTC) is volatile. What are the causes to the large daily, monthly, and yearly price changes to BTC? Equivalent to other asset classes, the three primary causes to price changes in BTC are: law of supply and demand good news bad...

How the US coronavirus stimulus package works

21 Apr 2020 1 minute read comments Jumble

In the USA, the coronavirus has almost stopped the economy. The demand for gasoline is low because many automobiles stay in the garage. And in many locations, the price of gasoline is less than $1.00! Many businesses that have stayed open are not pro...