Bitcoin and cryptocurrency roundup: 23 February 2018

Posted: 23 February 2018 7:13 pm
News

cryptocurrency volatility bad

What's happening in cryptocurrency?

The green islands in the red sea, bitcoin's rollercoaster and Robinhood crypto up and running.

Plus the mystery of the low fees, the national crypto fan club and the what, why and when of Blockpass.



1. A good news bad news scenario

The good news is that there's still some growth in a profoundly bearish market.

The bad news is these coin prices could have reversed, gone up, gone down or moved entirely sideways by the time you read this.

2. The only honest bitcoin price prediction

It's gonna go up and it's gonna go down. But probably not to zero.

Any investment in bitcoin is the cost of the ride.

3. Enter the matrix

Robinhood very loudly announced its cryptocurrency launch, but the platform's radness has continued to go without saying.

Note: This is not an endorsement of the Robinhood trading platform. It being rad is simply a factual statement.

4. Lower, lower... that's the spot

There's an old (by crypto standards) joke about how bitcoin solves its scaling problem whenever the price crashes.

Well, bitcoin just solved its scaling problem. But something seems a little off this time.

5. A Turk, an Iranian, a Russian and a Venezuelan walked into a bar

The bars were in Turkey, Iran, Russia and Venezuela respectively, so it's not that surprising.

And equally independently of each other, all four nations are looking into national cryptocurrencies. And they all have at least one other thing in common.

6. Blockpass blocktalks blockshop


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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Picture: Shutterstock

Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, NANO, SALT, BTC

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