Welcome to the show that looks at the bitcoin past to determine expectations for the future performance.
For news last week the big story that we had on the site was…
November 26 Bitcoin Adoption Milestone as Ohio Accepts Bitcoin for Tax Bills
CryptoShoutOut to BitcoinNews.com for their article in our Twitter feed.
Bitcoin has dropped almost 30% of its fiat value and analysts along with hodlers say there is nothing to panic about. Binance’s CEO especially reminds the skittish community that btc goes through swings like this and emerges stronger. John McAfee reminded the same, saying this is just a harsh winter.
November 28 Nasdaq to Launch ‘Bitcoin Futures 2.0’ in Early 2019
CryptoShoutOut to CCN for their article in our Twitter feed.
The world’s 2nd largest legacy exchange is incorporating crypto in Q1 ‘19. It will be “transparent” and regulated. Its rival Intercontinental Exchange is following suit. Prompting more clues that the fabled ETF is coming soon.
November 30 New Report Finds 80% Of Bitcoin Mining Running On Renewable Energy
CryptoShoutOut to Bitcoinist.com for their article in our Twitter feed.
Bitcoin and cryptocurrency mining is vastly backed by renewable energy contrary to reports a few months ago saying that it was dirty and killing the planet. Most facilities in China use hydroelectric power. The woe here is that with the depressed prices it has become more costly to mine than discard under-performing machines.
December 2 FBI Arrests ‘Crypto Bank’ CEO Who Embezzled ICO Funds
CryptoShoutOut to CCN for their article in our Twitter feed
The CEO of Arise Bank a defrauded investors of $4 million and went on a spending spree even while funds were coming in. This looks bad for crypto, but overall this guy was a con artist from jump who didn’t even have a viable project and had previously been in trouble for faking incorporation documents. No huge surprise here, but a lesson in investigating development teams.
December 2 The Finney smartphone launch finds Sirin Labs aiming to provide a ‘one-stop shop’ for crypto
CryptoShoutOut to Cointelegraph for their article in our Twitter feed
The crypto enabled phone “Finney” has launched from Sirin Labs, 2017 ICO. Built in cold storage wallet, decentralized token purchase capability, on an Android OS mod. It is a crypto phone on par with Apple or Samsung for camera and other functions. A key first step in mass adoption
For our stories of the day be sure to check out out BitcoinCrypto.news or our Twitter feeds @BCN_education and @BTCcrypto_news where we aggregate top stories from around the internet.
If there is a story you think I have missed let me know and we can do some follow up on it.
BCN 1 Minute With…
Everyday we showcase a coin for you to further expand your knowledge of different cryptos with our 1 Minute With series, which as the name suggest, is a 1 minute video introduction of a coin. Be sure to catch up on our archive as well.
This week we have…
Tuesday – Coqui Cash
This is localized cryptocurrency that is being utilized in Puerto Rico and is based on the Komodo Platform in conjunction with Chainmakers.
Bitcoiners of SWFL Meeting
Will be meeting Thursday December 6th. Just find the group “Bitcoiners of Southwest Florida” and join to get up to date. You can also get info through our facebook groups.
Live and Online Course Details
My best resource is opening the door to new Bitcoiners through:
Live Bitcoin 101 classes on Tuesdays 1800 EST for beginners,
Live Bitcoin 201 classes on Thursdays 1800 EST for intermediate traders,
Live Bitcoin 301/302 classes by appointment only for those ready for advanced trading.
1 on 1 Consultations appointment only
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