What's happening in cryptocurrency?
VC galore, peak crypto scam, Google on Buterin, crypto dance mining and bitcoin price analysis.
1. Caught in a viscous circle
The blockchain industry really sticks together and reinvests in itself.
2018 has smashed all records for VC fundraising in the blockchain space, helped along by blockchain firms that recently grew large enough to sprout VC arms of their own.
2. Scams are good for bitcoin
Not really. But they can be an informative barometer.
The measly $2.1 million Australia lost to cryptocurrency scams in 2017 shows there's still a long way to go.
3. Buterin' him up
Google went for the longshot by asking Vitalik Buterin if he wants a job.
If you see Ethereum in freefall it means he's actually taken it, against all odds.
4. Black Mirror S01E02
Black Mirror is a highly regarded documentary.
Crazy how it manages to report on things before they happen.
Bitcoin price analysis: Q&A edition
Is bitcoin's price dropping? Yes. Is bitcoin's price rising? Yes.
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO
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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