Video cards are getting cheap again! Proceed with caution
Cryptos have crashed, and altcoin miners are already selling their video cards. Buy wisely — that is to say, not from them.
Author: David Gerard
News: China blocks cryptos, UK banks block cryptos, NYT on frauds, Lightning Network
It’s been a watershed day for Bitcoin, and … oh, that’s not water.
News: NiceHash, credit cards cut off cryptos, Ethereum predictable “random” numbers, deanonymising Tor, Bail Bloc
With nice writeups of my book and related books.
Notes from the crash: watching the Bitcoin pumps and dumps live on GDAX
If you know what you’re looking at, the GDAX depth chart is absolutely gripping. It’s like an action thriller movie for very dull people. If you ever wondered why I don’t trade in cryptos …
Jungle.World: “Bitcoin is less about technology than psychology” — original English transcript
Malte Voß interviewed me for the German magazine Jungle.World, 25 January 2018. Here’s my original answers in English.
UNICEF tries the “mine cryptos for charity” trick, makes repeated false claims along the way
UNICEF is trying the same terrible idea that Bail Bloc tried to pump Monero with. This time it’s for refugees in Syria, and they want you to mine Ethereum. Please just donate directly.
News: SEC getting annoyed, KodakCoin ICO doesn’t launch, Samsung mining chips, crypto and your security clearance, an incompetent Ponzi
Ethereum was invented to serve as an immutable public ledger of simple yet costly programming errors.
News: Bitfinex/Tether subpoena, AriseBank vs SEC, Facebook bans crypto ads
And the cheapest way to get a good video card now? Buy a high-end pre-built PC and rip it out.
Well, that’s just made my day dumber: a vaguely threatening email demanding bitcoins
I guess this is my life now — nonsensical demands for bitcoins.
How to read a crypto market depth chart, and why people went ‘HOLY CRAP’ at the overnight Tether chart
Tether, the “pegged” US dollar substitute token, crashed to $0.93 on Kraken last night. Here’s why this is important, and what a market depth chart shows.