Bitcoin and cryptocurrency round-up: 10 April 2018

Posted: 10 April 2018 7:15 pm
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What's happening in crypto?

AUSTRAC matters, a matter of faith, matters of manipulation, Nano legal matters and mining matters.

1. Blockbid bids on Australia

It's not accurate to say that Blockbid is coming to Australia, because that's where it started.

The Melbourne-based exchange wants to do crypto right.

2. From the genesis block to the five horseman of the cryptocalypse

The idea of printing "In God We Trust" on banknotes is really, really weird when you think about it.

With the GFC people lost faith in the global economy, and with changing times people are more willing to trust technology.

3. A candlestick walks into a bar

"Why the long face?" asks the bartender.

"Can't say for sure," it replied, "but I have my suspicions."

4. It's hard to choose between good options

And even harder to choose between bad options.

Nano-BitGrail users have a few fund recovery avenues options in the works, all of which are painful long-shots.

5. There's always that kid who tries to make new rules in the middle of a game

In this case, the new rule was due to falling bitcoin prices and was something like "you pay," except in Norwegian.

Mining schemes have been banking big on bitcoin price growth, with price drops seeing some desperate measures emerge.

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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