In May 2018 Bloomberg announced that they had formed a cryptocurrency index, which is significant for a few reasons. First, Bloomberg only caters to institutional clients so their index is their first step to widespread institutional involvement. Secondly, either in 2018 or early 2019 we will see ETFs for both BTC and ETH. Chances are […]
Update on Cryptoassets: October 16th, by Van K. Tharp, PhD Read More »
2017 was a huge bull market in cryptoassets. An investment in early 2017 could easily have gone up 100-fold by the end of the year. 2018, however, has been exactly the opposite. The market cap for cryptoassets as a whole has dropped from $800 billion to just over $200 billion. That means that most of
What’s The Story with Cryptoassets in 2018?, by Van K. Tharp, Ph.D. Read More »
In its early days, Bitcoin attracted many for its promise of transactional freedom from governmental or institutional control. Indeed, some of those wanted to avoid governmental oversight because their transactions were illegal (think Silk Road) or because they were evading taxes (think money laundering). That illicit association kept a lot of investors and institutions away
Not all cryptocurrencies are equal. They are not equal and in fact, they are not honestly represented. In addition, very few companies selling tokens are clear about what their token really is. The first type of token is a currency token. These types of tokens are used as a medium of exchange and Bitcoin is
On the third Wednesday each month, I’m going to write an article on the world of cryptocurrencies. I feel as if this is the best investment opportunity I have seen in my lifetime. I also predict that most people who dabble in cryptocurrencies will lose their shirts. Why? Because it is like the wild, wild
The Opportunity of a Lifetime by Van K. Tharp, Ph.D. Read More »
We now have several dozen major crypto-currencies. These include the familiar ones like Bitcoin and Ethereum which together make up about 75% of the market. There are now, however, a number of other important cryptos which include Monero (XMR), Steem Power (STEEM), Lykke (LKK), Antshares (ANS), Peerplays (PPY), Factom (FCT), Ethereum Classic (ETC). Beyond those,
