Bitcoin and cryptocurrency round-up 17 August 2018

Posted: 17 August 2018 6:13 pm
News

What's happening in crypto?

Energitec (sic), Nvidia's out, Ripple's preferences, UEFA blockchain, bitcoin shorts, XRP price analysis.



1. Pretend it's a New Zealand accent.

Energi Mine has taken an energitec approach to rewards.

There's a lot of room for mutual profits in the inergy business.

2. "That was a bad idea."

"What was? Exposing our GPU chip making business to the vagaries of the cryptocurrency markets?"

"No. Just being a chip maker. Our profits were inadvertently tethered to cryptocurrency prices all along, even without us necessarily knowing it.

3. Ripple's nice list is in. Naughty list ETA TBD

The gold standard.

Ripple has laid out its preferred providers, which would be an undeniably vaunted position.

4. 100% pure unadulterated blockchain

No paper needed. UEFA successfully tested a 100% blockchain electric ticket distribution system for a football match.

To work out whether or not that's good news or bad news you'll have to find out whether you like the teams that were playing.

5. Eat my shorts

Bitcoin shorts have doubled since the start of August.

They may or may not be slated for liquidation subsequent consumption as a kind of bull market protein shake.

XRP price analysis: Playground equipment edition

"Higher, higher!" XRP gleefully screams from the swingset.

"Sorry, I'm not allowed to push you on the swings," Ripple explains. "But maybe we could go on the seesaw?"


Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VET, XLM, BTC, ADA

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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