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Tag Archives: Opinions

Opinion: CNBC Gets To The Party Earlier Than in 2017 – Time to Sell Bitcoin?

When your completely non-computer savvy, totally apolitical friends or family members come up to you asking, “Hey, you think I should buy this Bitcoin thing?” you’re in bubble territory. The coin is very possibly overheated, and it might be time to sell.We need a healthy pull back. Too much hype about #bitcoin halving and altseason. Too much dumb money re-entering shitcoins. Looking for $7200. It takes time for halving to propogate and market to react. Maybe 6-7 months. Only my opinion. What...

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Opinion: The Fed Creates New Money, Binance’s Changpeng Zhao (CZ) Destroys His

At its first policy meeting of 2020, the Federal Reserve didn’t change much. As expected, the Federal Open Market Committee decided not to raise interest rates. The Fed will keep repo operations in overnight money markets going until April.But Fed Chair Jerome Powell did walk somewhat of a tightrope trying to explain what the Fed is doing. The U.S. central bank has expanded its balance sheet by $390 billion since September. But one cryptocurrency has done the opposite.Many market watchers...

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Opinion: Bitcoin Dominance Metric Should Exclude Stablecoins Like Tether. Here’s Why

Altcoins have always been around aside Bitcoin. The first altcoin, Namecoin, popped up somewhere in the middle of 2011. Since then, the total number of altcoins has reached 5 digits, and they have evolved from Proof-of-Work to Ethereum-based ERC-20 smart contracts to Initial Coin Offerings (ICOs).2017 was the year of the ICO, and it was the year that the list of cryptocurrencies started taking up more than two pages. In 2017 and the first quarter of 2018, new coins were born on a daily...

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