Bitcoin price has hit another new high…again. The digital coin surged past US$9,000 yesterday. Investors who’ve held on throughout 2017 are looking at returns of more than 830%!
Bitcoin futures are coming. CME Group Inc. which operates the Chicago Mercantile Exchange, is set to launch bitcoin futures in the fourth quarter of 2017. Due to its popularity, it’s clearly a no brainer.
Ethereum price is at an all-time high. It’s currently sitting at AU$557. Which is a new apex. No one single event has caused this, but a myriad of advancements over the last couple of months.
Bitcoin cash might be headed to the moon. That is, if yesterday is anything to go by. Since the start of August the bitcoin cash market cap has swelled from 5 billion to the 25 billion.
You can be independent of money. And global commerce can operate without the lifeblood of money. It’s a world where digital currency, cryptocurrency, is accepted and used. Blood is to human survival as crypto is to digital survival. You already have one. Maybe it’s time to get the other.
I think cryptocurrencies themselves are only the beginning. The tip of the investing iceberg, so to speak. Not a side show, but also not the only game in town. In my opinion the perfect blockchain portfolio includes both good cryptocurrencies and good blockchain stocks.
Australia is ahead of the herd in blockchain adoption. This is the opinion of the Huffington Post. And with good reason. The World Economic Forum believes 10% of global GDP will be stored on blockchain by 2027.
You may have heard of the ‘prisoner’s dilemma’. It’s a standard example in a branch of economics called game theory. Well nowadays, the classical models of economics taught in universities have proven to be poor models of reality. Which brings us to the investor’s dilemma today.
Large data theft is a huge threat to society, and alarmingly common place. Big companies such as Yahoo, MySpace, Target, Anthem and Equifax have all been hacked in recent months. So, what is the alternative?
A crypto with a network value of only US$10 million may have solved the biggest problem right now in crypto development. It’s up 25.59% today and the increase in volume suggests people are starting to notice this crypto minnow.