Altcoins: Why I Added LTC, ETC and Ripple

I’m long on bitcoin. If you read this blog, then you know that. Until early June I’d never bought any other cryptocurrencies other than BTC. And now that’s changed. I’ve added 3 new cryptos to my portfolio: Litecoin, Ethereum Classic, and Ripple. Are you curious about other cryptocurrencies? I have fundamental reasons for each purchase … Read more

The Bitcoin Scaling Debate for Beginners part 1

Blockchain Blockchain Blockchain. If you have even a casual interest in finance, then you’ve heard lots in the last few months about Blockchain, which is the underlying technology behind Bitcoin. There are tremendous potential applications with it including in financial services, healthcare and even identity. It also means 2 things for Bitcoin. Bitcoin has taken … Read more

BitLendingClub to Close Its Doors: Regulations Cited As Cause

Leading Bitcoin based p2p lending platform BitLendingClub is going to close its doors. In an announcement sent out to all lenders and borrowers this morning, the company said that ‘regulatory pressures’ made operating the company no longer feasible. The specific regulations are not stated although its likely that its related to FinCEN and the MSB … Read more