The fact that broad money supplied growth is now at the lowest point in decades tells you just how fragile the Aussie economy is. The RBA knows it too. That’s why in 2019, you should…
You’ve probably heard of bitcoin by now. That whimsical internet money that everyone seems to be talking about.
It’s divided the financial world unlike anything we’ve seen before. Some people believe it will usher in a new era of payments, others think it’s ballooning into the biggest scam the world has ever seen.
Either way it’s hard to ignore bitcoin and its incredible growth in recent years. Whether it’s going up or down it certainly isn’t boring. But you’re probably wondering what it even is?
Is it a currency? Is it a store of value? Is it a security?
The short answer is: It could be all three or it could be none of the above. Bitcoin is unlike any other financial instrument we’ve ever seen. And it’s still evolving right in front us every day.
Which is probably why you’re here.
Understanding what bitcoin is
Here we aim to demystify everything there is to know about bitcoin. We’ll help you understand what it is, what’s going on with it and maybe even tell you why you should or shouldn’t buy it. Including analysis on why the price is where it currently sits, and more importantly, where it’s headed.
Whether you’re a complete novice, or an experienced pro, we cater to everyone. Throwing away the unnecessary jargon and bias to bring you the cold, hard truth of the matter.
We can’t promise it will be easy, but we will keep it as simple as possible. After all, we’re here to help you make up your own mind on the matter. Believe us, it will be worth the effort in the long run.
Whether you’re an avid supporter or staunch critic, bitcoin isn’t going away anytime soon. Which is why it’ll be worth staying one step ahead of the rest. This is your chance to get a leg up over the mass media and the rest of the mainstream rabble.
The crypto craze
While you may be familiar with bitcoin, you’ve got to understand it’s not the only asset like it. Cryptocurrencies or ‘cryptos’ have burst onto the financial scene lately. You may have heard of some of them, such as: ethereum, ripple or litecoin.
These cryptos represent an entirely new marketplace. One where bitcoin is king. An investment market that is unlike any the world has ever seen.
The volatility in the crypto market is truly something else. Prices can see percentage gains in the hundreds or even thousands in mere hours. But, they crash just as hard, and just as fast. It’s unlike anything we’ve ever seen before. Which is why you have to keep your wits about you.
No room for dumb money
While bitcoin and cryptos represent a huge new opportunity there are still risks. There’s no regulation, no one to call when things go wrong, no rules at all. Make no mistake. This isn’t for the unprepared.
But, if you’re willing to learn and be patient there is opportunity. And a massive one at that.
You’ve already taken the first step by reading this, but there is more to learn. Find out everything you need to know about bitcoin today by reading the stories below.
It is a much different scene for cryptos this November compared to a year ago. Yet, as we have written before, if you are dismissing cryptos based solely on bitcoin’s price, you are missing the…
Cash is hard for governments to control. And next-to-impossible to track. A digital currency emitted by a central bank, on the other hand, would make it easy.
Teenagers are now asking for cryptocurrency or ‘V-bucks’ — the virtual currency used in the popular video game Fortnite — instead of more traditional holiday gifts.
The truth is that cryptos still have some issues. Yet there are a lot of people getting in on this space and building infrastructure to address them. And, this could make cryptos stronger.
There is no doubt that cryptos are dividing the financial community. But, while the debate goes on, money is slowly making its way onto the space.
What IOTA showed in their proof of concept was how choosing car insurance could be radically different to how it is today.
Even though the crypto price has been a rollercoaster ride, it has been necessary to create renewed stability in the market. As the hype- and fad-investors have now died down, cryptos have been able to…
Don’t believe what you read in the mainstream. It’s often inaccurate and sometimes flat out wrong. They’re a big part of why the world hasn’t yet caught onto the crypto opportunity.
Tracking where an ingredient has been, from when it was farmed to your plate, could be a nightmare. But, what if I told you there was a way to change this? What if we could…
The thing with cryptos is that they are highly volatile. Take bitcoin for example. In the last three months bitcoin has fluctuated between US$5,800 and US$8,600. That’s quite a range. But, that’s their nature.
Back in 2013, Cyprus’s banks were in financial trouble. Yet the 2013 crisis is probably one of the reasons why the small island is quite involved in blockchain projects.
Bitcoin and cryptocurrencies are at a critical point. If bitcoin cannot hold near these recent lows of $5,782, it could be ominous in the weeks ahead.
If you’re anything like me, you probably have a bag full of international money in your drawer. You could exchange it back…for a fee. Or spend it at the airport…or give it to a worthy…