“Will buying fake followers, likes, retweets, etc. actually help me get more real followers and true engagement?” After years of helping 1,000’s of customers appear more popular on social media we get this question a lot. Our answer has always been – YES. We reference The Bandwagon Effect which states: “the probability of any individual […]
We snapped off a copy of The Best Bitcoin Chart and cleaned it up to perform a more detailed technical analysis of the BTC price and attempt to predict where we’re heading next. It goes without saying that this speculative and simply one man’s viewpoint. You should never make any investment decisions without doing your […]
Here’s how David Andolfatto VP Federal Reserve Bank of St. Loius explains bitcoin. Clearly an avid supporter, if his colleagues at The Fed can can understand this then anyone can. Bitcoin and Beyond: The Possibilities and Pitfalls of Virtual Currencies by David Andolfatto VP Federal Reserve Bank of St. Loius March 31, 2013 Noble Spirit […]
2013 was the year that Bitcoin went mainstream. Bitcoin has been up against some seriouschallenges but has proven to be resilient and here to stay. The price of bitcoin grew 56X in 2013 from $13.51 to $756.79 on the MtGox exchange The first ASCI mining rigs were shipped 1/31/13 fueling bitcoin’s explosive growth to a […]
Click “Full Screen” for a ↓ better view We’ve been trading based on this logarithmic view of the Bitcoin price for quite some time. With the new edition of inline news events, there’s no better place to evaluate the state of Bitcoin.
Do you remember what happened the 2 months following Silk Road’s closure? We had the 2nd biggest run in Bitcoin’s history. Now, obviously Silk Road and MtGox are completely different situations, but seems to me like the market rewards the removal of bad actors from the Bitcoin economy. Here’s an exact overlay of Bitcoin’s future […]
[Updated] Check out the new Bitcoin chart in our resources area. We’ve been using this chart to trade Bitcoin since the $250 range. Notice it’s a logarithmic chart. We find that charting and analyzing Bitcoin’s value logarithmically gives a much clearer picture of its support and resistance levels. Today’s setback brought to you by MtGox […]
What is the value of a Bitcoin? The simple answer is that a Bitcoin is worth the amount someone is willing to pay for it at that moment. When you see a news headline like, “Bitcoin Reaches $1,000” all that means is that someone, somewhere bought a Bitcoin for $1,000. Why are there so many […]
Bitcoin is a new form of money that is entirely digital aka a virtual currency. Here’s a simple explanation of Bitcoin: The core innovation of Bitcoin is that it is distributed, meaning no single entity controls Bitcoin. Every Bitcoin transaction ever made is kept in a public ledger that’s distributed across millions of computers all […]
