Posts with the tag “fundamentals”
Bare-bones Cryptocurrency Investing Guide
by Doug Faust on December 8th, 2017
Several lecturers and writers in the cryptocurrency space advise doing months and months of research before acquiring any cryptocurrency. We present this under a different philosophy, that the best way to learn is by doing. Also, we acknowledge human nature makes months of monk-like research while the price climbs higher somewhat unrealistic. As such, here’s a bare-bones tutorial explaining how... Read More
Valuations for Cryptocurrencies I – The Equation of Exchange
by Doug Faust on November 26th, 2017
Cryptocurrencies are a new asset class. The last major new asset class, common stock in companies, existed for hundreds of years before Benjamin Graham fully elucidated metrics for their valuation. Likewise cryptos exist and have market prices established through very liquid markets, but one of the first questions on any newly interested party’s lips is “well, what should a Bitcoin be worth thoug... Read More
Crypto Options and Goldfinger Attacks
by Doug Faust on November 16th, 2017
Bitcoin is growing up. Don’t cheer yet; what I mean is that the markets’ enfant terrible just got the financial equivalent of a Driver’s License …and, to push the metaphor, is also of legal drinking age. Cryptocurrency derivatives have arrived. LedgerX, a Bitcoin swap and options clearinghouse with CFTC approval, went live in what they’re terming a “soft launch” in which a few invited particip... Read More
Is Bitcoin Real
by Doug Faust on October 25th, 2017
“Bitcoin isn’t real!” I’ve seen this objection in variants with up to three exclamation points, so it really must be self-evident. Perhaps it’s only the crypto-zealots and those poor people who they momentarily beguile with mathematical proofs who are so lumpen as to not understand.Maybe if one just repeats “it’s not real” three times while clicking the heels of their loafers, they will be trans... Read More