Bostoncoin update Nov-Dec 2021 Super news for investors, retirees and more There is a lot of news coming out on crypto markets and projects. As recently as two years ago, you would be hard-pressed to find a story on Bitcoin once a week in the mainstream media. Nowadays, there can be 3-4 stories per day on different crypto projects, updates on markets and legislation. Some TV news channels even have Bitcoin prices in their base-screen ticker, alongside prices for stocks and th
Bostoncoin update Sept-Oct 2021 What is risk and how do we manage it? The fine-print on financial documents says “all investment involves risk”, but what exactly does that mean? Is it just the risk that your investment may go down? Are there different types of risk, and which ones do I need to know? One of my favourite analogies for risk is a question, posed by a fund manager at a financial planning conference. He asked, “Two skydivers jump out of a plane. Person A is wearing
Revenge of the Nerds With modern PC-culture, many movies of the 1980’s are now maligned for their overt sexism, lack of sensitivity or cultural appropriation. OK, so the blackface premise of “SoulMan” was a bad idea anytime after the minstrel era, but some 1980’s movies (Dirty Dancing, The Karate Kid, War Games, Back to the Future) still look good a generation later. We do not condone the behaviour of the actors, writers or directors who were involved in movies which exploite
#BostonCoin *pup*date, Sept-Oct 2019 Remember: the world of crypto exists inside the world of global finance It has been an interesting month in Cryptopia, as we feel the effects of what is happening in the outside world, as well as in our own little corner of the globe. Bitcoin prices dropped hard in September, possibly due to price manipulation by nasty Bulls*, and then reached a new floor before starting a climb again. It is interesting to see the new higher floor around U
BostonCoin Update – August-September 2019 The Gods Must Be Crazy – Part 1 If you haven’t seen “The Gods Must Be Crazy”, the tiny independent movie from the 1980’s which put the “click-click” language into the mainstream and made over $100 Million from a tiny local African budget, go and discover it now. It’s a terrific PG feel-good comedy with a few great morals. As the movie starts, we see a small tribe of people who live simple lives. They consider that their land, their fo
Never a dull moment in cryptopia It has been an interesting few weeks in crypto-land. We have seen new highs, quick drops, a rise in bitcoin of $1000 in less than an hour, followed by another drop (but overall momentum is still heading up).
Crypto has even made political news, with the first time a sitting US president has ever mentioned bitcoin. It comes as no surprise to many long-term crypto enthusiasts that Mister Drumpf is not a fan of bitcoin; especially as it could p
Cryptocurrency: all you need is… dog? The Beatles sang “All you need is LOVE”. Guns & Roses said “You just need a little patience”. For those who have maintained their love of crypto, and all it stands for (libertarianism, peaceful anarchy, anonymity, cyberpunk, freedom), you may now receive your just rewards. For those who have practised patience with their crypto portfolio, you also have received your reward.
Springtime We are officially through the winter season of crypto
Bostoncoin update Aug-Sept 2018 Why are you here? The crypto caveat Cryptocurrencies are young. They are babies. Don't be mad at them when they stumble and fall. They are are only learning and growing. It will be a while before they run on their own. Stick with them and persevere; hopefully the same way you did with your own kids. Cryptocurrencies are babies. Forgive them. It was only a dozen years ago that the world saw the outbreak of the Global Financial Crisis. The GFC wa
Another blast from the past – A Different Perspective Look back one year: on July 17 2017 — the total crypto market cap was US$67,836,500. One bitcoin was worth around US$2,500. Then this year: on 17 July 2018 — the total crypto marketcap was US$270,380,000. One bitcoin was worth around US$9,000. This is big: in *both* market capitalisation and in BTC price, that is over 300% growth in a year. There are not too many company stocks which have done this at all, ever. If you wer