Bitcoin and cryptocurrency round-up 21 May 2018

Posted: 21 May 2018 7:54 pm

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

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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