By Raúl Marcos
Raúl's Cryptonews #10
Mar 15, 2018
March 15 · Issue #10 ·
This week I liked...
…my own podcast 😂. This week,
Pablo Ventura and I cover some basic parts to understand cryptos
(in Spanish). Next week: Ethereum!
Metcalfe’s law states that the value of a network is proportional to the square of participants.
This article applies it to ETH and BTC and proposes some variants
. Long, but worth reading.
The volume in Chinese exchanges always look suspicious, and
this article keeps raising doubts after analyzing available data
. We need more people doing analysis like this.
Ana Botín published (I doubt she wrote it) an article praising blockchain and its possibilities
. Incredible to see how fast blockchain and cryptos are becoming mainstream.
Ledger has announced a firmware update for their Ledger Nano S
, the most used hardware wallet. The most interesting improvement is that now it supports up to 18 different cryptocurrencies, instead of only five (thanks to reuse Bitcoin wallet’s code).
This pop-up art gallery is selling a Bitcoin-themed skateboard
, and you can only buy it with Litecoin. Is crypto-art the next bubble?
Coinbase has launched an index fund
composed of the assets they list: Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Now Coinbase offers
a place to buy cryptos with euros or dollars
a custody solution for institutions
an index fund
a solution for merchants to accept cryptos
, and an
e-money license in the UK
. The next Google.
Ethereum’s Casper (Proof of Stake implementation) is pretty close.
Also, sharding and Plasma, two solutions to increase Ethereum’s capacity, are progressing. This year is going to be amazing!
Railblocks, previously known as Nano,
is a promising cryptocurrency that it’s gaining traction.
What will be more important, network effects or technology?
MT Gox crashed in 2014 after being hacked, but we are still suffering the consequences:
The trustee who controls the remaining cryptos has sold ~450 million worth of BTC these past months
to pay creditors. Instead of using an over-the-counter to find a buyer, he sold them in a public exchange, using market orders, crashing the price.
He still controls 162k BTC
, so brace yourselves.
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