Money is human happiness in the abstract; he, then, who is no longer capable of enjoying human happiness in the concrete devotes himself utterly to money. -Arthur Schopenhauer Bitcoin faces widespread ridicule, an early stage for accepted truth as described by the 19th century German philosopher Arthur Schopenhauer. Despite my own convictions in the enormous…
This is an introduction to a series on bitcoin and related crypto protocols; from hardware to software, pools to exchanges, wallets and services, we cover the key concepts for participating in the emerging digital economy. The aim is to distill the entire process of coin creation into an easily digestible guide with proven methods. Hardware…
Gentlemen: There are many crypto-currencies. https://bitcointalk.org/index.php?topic=134179.0 New coins with innovative characteristics will continue to proliferate. https://bitcointalk.org/index.php?topic=169204.0 Exchanges are popping up all over the place. https://www.cryptsy.com Services for miners are increasingly popular. http://www.coinwarz.com Unifying common BTC services under a trusted brand would be a huge win for BTC adopters. Currently miners have to rely on various…
I am not an expert. Repeat. I am not an expert. I know enough to be dangerous so pinch the salt and read on. Bitcoin, BTC or $BCOIN on StockTwits is a decentralized value transfer protocol. It is an anarcho-capitalist wet dream with Neal Stephenson as narrator. It is a Ponzi scheme, but so is…
Well the bounce was short lived and we are back to murdering longs with tales of Greek default and collapsing communists. Until the ECB can get member countries on the money printing wagon, Europe will continue to hemorrhage, killing Chinese prosperity and any hope of recovery. The Almighty Dollar will rise like a phoenix from…
Despite Wednesdays weakness, markets look like they are consolidating and may be ready for a push up, despite a collapsing FUCKBOOK and other gut churning news. As the chart above illustrates, the percentage of bullish stocks is beginning to rise relative to the volatility of the S&P500, offering a low risk entry for index buyers….
Not surprising but worth noting, TLT is showing up on my list of rising products with large short positions, coinciding with the Bullidex making fresh lows as the markets continue to weaken. Stay liquid.
View Post Bullidex for May 5 20012 Hey folks, I haven’t been on the box for quite some time, but I just wanted to make a small observation about the US markets. It looks like the ride up the ol’ S&P 500 is coming to an end as the Bullidex is now trading below a…
Dilbert Daily Strip via Comic for September 10, 2011.