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Bitcoin Fundamentals: The Coincidence of Two Wants.
‘The moment man begins to take thought of the morrow he passes out of the Garden of Eden into the vale of anxiety; the pale cast of worry settles down upon him, greed is sharpened, property begins, andthe good cheer of the “thoughtless” native disappears.’ – Will Durant, The Story of Civilisation, Vol 1. In…
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Saturday 9th November 2024
F&G: 75 Price: $77,300 or £59,800 Hashrate: 719 EH/s Since the US election results the amount of information surrounding the markets, Bitcoin and everything in between has been hard to keep track of. When it doesn’t rain, it pours. And so in this entry, I am going to try and note some of the most…
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Friday 8th November 2024
F&G: 75 Price: $77,000 or £59,800 Hashrate: 719 I have a feeling we’re going to be testing all time highs for a while now. At least until January when Trump takes office on the 20th January 2024 which is the date of his inauguration. It’s easy to lose your head during a bull market, but…
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Thursday 7th November 2024
F&G: 77 Price: $76,999 or $59,000 Hashrate: 720 EH/s The Bank of England as well as the Federal Reserve have both cut their interest rates by 25 basis points today (0.25%). What does this mean? It means money is getting cheaper to borrow. Lower interest rates means better loans for those looking for capital. What…
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Wednesday 6th November 2024
F&G: 70 Price: $75,000 or £58,500 Hashrate: 719 EH/s So it seems that the Donald has won the US election and as a result, Bitcoin hit a new all time high of over $75,000. Again, the outcome of this election did not matter in the grand scheme of things for Bitcoin. But it has provided…
