What is the minimum Bitcoin mining setup?

By | November 17, 2017

Difficulty of Bitcoin Mining I am not trying to put you off, but it is now difficult for an individual miner to make decent profits mining Bitcoin, (but read on because you can mine other coins), because the Bitcoin hash difficulty has risen so much (and is continually increasing in difficulty), that any equipment you purchase will soon… Read More »

John Bremner

Bitcoin Cash—Bad Value? News and Warnings!

By | January 1, 2018

Bitcoin Cash Doing the Long Jump. If Bitcoin Cash were an athlete, it has just done the long jump rather well. Bitcoin Cash (BCH) has jumped in value after the ‘probably’ failed SEGwit2 fork. But bear in mind, not everyone agrees about the ‘failure’, and developers who have put thousand of hours into this are determined that the… Read More »

John Bremner

Why Banks Can’t Stop Bitcoin Transactions

By | November 5, 2017

Imagine the scenario: you’ve just transferred the fiat (that’s proper folding money, in case you didn’t know), equivalent of, say, five Bitcoins, by SEPA, to a LocalBitcoins seller to do a Bitcoin transaction. Soon afterwards you get a call from your Assistant Bank Manager wanting to know why you are transferring the money, and what it’s going to be… Read More »

John Bremner

Bitcoin.com Chart Date Hacked?

By | November 5, 2017

Has Bitcoin.com Chart Date Been Hacked? I like the simplified charts at Bitcoin.com, but all day today, the 4th November 2017 the dates at the bottom of the charts have been wrong. Has the site been hacked, and is Bitcoin.com finding it difficult to fix this particular hack? Or is it just some kind of internal server or… Read More »

John Bremner

Why the Majority Get Things Wrong!

By | November 3, 2017

What Matters? This is very relevant to cryptocurrency. Who you take advice from matters. What you believe matters. How you come to your beliefs matter a lot. Most people believe many things that are not true. For example, you may believe that your wife is faithful. Statistically, she is probably not faithful. If you have a religion, since… Read More »

John Bremner

The New Bitcoin Paradigm Changes Value Predictions

By | November 2, 2017

Bitcoin defies all expectations. A new paradigm is required, which says this: Expect your predictions to happen sooner than you think. So I said that Bitcoin would reach the value of $7000 by the end of November. It’s taken me totally by surprise that the value I predicted has been reached by the 2nd of November! And I… Read More »

John Bremner

Bitcoin Price Through Hard Forks: Bitcoin Wins!

By | October 31, 2017

Do ₿itcoin Hard Forks Help or Hinder the Iconic Coin? It has always been clear to me that Bitcoin is a great investment, and the Bitcoin price keeps rising, so I can’t help wondering why that is not so clear to others. Hard forking is perhaps the most recent reason that makes people wary. But are they justified?… Read More »

John Bremner

Bitcoin hits $6000! There Will be Blood.

By | October 20, 2017

I Did Happen to Mention… I’d hate to be one of those people who says ‘I told you so!’ all the time, but I had to make a comment on the recent value of Bitcoin. I told you so! Well, I was being conservative, as my predictions usually are when I said Bitcoin would reach a value of… Read More »

John Bremner

Xapo CEO Wences Casares Talks about Bitcoin Value of $1,000,000 in 10 Years.

By | October 11, 2017

What could a Bitcoin be worth in ten years? This video gives a personal view from someone who is an expert. However, personally I think Wences Casares, co-founder and CEO of Bitcoin firm Xapo, is greatly underestimating the potential growth of Bitcoin, especially as Bitcoin becomes more difficult to mine and less new coins are on the market. But I thought you… Read More »

John Bremner

Why I Believe in LiteCoin Potential

By | April 21, 2019

LiteCoin will Rise like a Phoenix It was just about March this year when Litecoin took off on what can only be called an exponential rise in value. As of today, Litecoin has a current Market Cap of $2,759,452,600. For those not good with written figures, that’s about USD 23/4 Billion (1) (not million) which is the equivalent of 655,488 Bitcoin.… Read More »

John Bremner