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Bitcoin and cryptocurrency roundup: 9 February 2018

Posted: 9 February 2018 5:53 pm

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What happened in crypto today?

Morgan Stanley advises clients to use bitcoin as a barometer and the kids get into this newfangled cryptographic currency thing.

Plus IOTA has some big news, an old Ethereum argument flares up again and Binance experiences technical difficulties with Twitter difficulties.

1. Introducing the transparent, decentralised barometer

The best way to find out how much a coin is worth is to check its current prices. The second best way is to check bitcoin's current prices.

Morgan Stanley appreciates this and is advising its clients to consider using bitcoin's as a market barometer.

2. Investing is rad

Remember the days at the old schoolyard? You'd play tag, attempt to wound each other with juice box straws and discuss the merits of stock investments against term deposits in the current climate of unpredictable interest rates.

Now times are changing. These days the kids are all about crypto.

3. The ecosystem named Ecosystem

At first glance, it's just another boring decentralised cryptocurrency utopia that promises to permanently solve all the worlds problems forever.

But a closer look reveals some curious applications in the IOTA Ecosystem.

4. Ethereum debates how to ride the wave

The techno-oligarchs have unilaterally run roughshod over their user-base by refusing to accept more power. Kind of.

It's not the first time Ethereum's had the talk, and it probably won't be the last.

5. We are experiencing technical difficulties. Please rave on Twitter until services are restored.

Twitter has blessed the world with a direct line to famous people's innermost thoughts. It's one of those mixed blessing type blessings.

Today Twitter delivered an unexpected outage announcement from Binance, which prompted a bunch of unconfirmed conspiracy theories from John McAfee (this McAfee), which Binance effectively stomped out.

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

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