USI-Tech are launching their own TechCoin Cryptocurrency. The only way to participate in this ICO, is to be a member of USI-Tech and purchase a Token package. We looked at all the information available about the tokens and the Techcoins. Our research suggests that this could be one of the better ICOs on the market.Read More
If you are new to cryptocurrencies, this post will show you how to buy Bitcoin. We discuss a variety of ways we have tried, tested and trust, for setting up wallets and buying and selling Bitcoin. We hope that this is helpful for others looking to make their first investment in Bitcoin.Read More
As the price of Bitcoin has temporarily fallen on the new in China, we wanted to have a go at trading on the downward movement.
We found a CFD provider called plus500, who offer contracts on Bitcoin and a collection of other cryptocurrencies. We opened an account, from Australia, and got a $30 sign up bonus. We then added $150 to try our luck at short selling Bitcoin.
Bitcoin and other 'altcoins' are a relatively new market. Many investors are looking for ways to trade cryptocurrencies, so here at The Finance Guy, we reviewed the options and found what we feel is the best option.Read More
Bitcoin is in a Forken Civil War! The main subject of the internecine, is whether or not to increase the block size. In 2010, an upper limit of one megabyte was placed on the block size. It's an issue which appears trivial from the outside, but is the source of heated debate within the Bitcoin CommunityRead More
The price of Bitcoin has been hovering between $225 and $300 for most of 2015. This is quite a contrast to the wild price movements Bitcoin has become known for.
We think the market is waiting to move again, but we don't know what will set it off, or in which direction. We'd love to hear your thoughts on the topic.Read More
Bitcoin can not prevent future economic crises such as the one we are seeing in Greece today. The Bitcoin community will disagree with this vehemently. In this regard, The Finance Guy is a true contrarian
Everyone else says Bitcoin can prevent a future Greek style disaster, yet we are stating the exact opposite. We are looking at the same information, but we are drawing an opposing conclusion. It's only natural to assume that we have made huge errors in our forecasting. After all, it sounds like we are calling the earth flat, or saying that 2 + 2 will actually give you 79.5! It sounds like we've gone madRead More
Being a 'disruptive technology' it makes sense that , one topic that comes up often within the Bitcoin community, is The Future of Bitcoin. Here at The Finance Guy, we are no different, we have talked about the future of Bitcoin in the past, and we are going to do the same thing again now. We think that there is a storm brewing for Bitcoin. The market has been quiet, too quiet. It could be the prophetic 'quiet before the storm.Read More
The price of Bitcoin appears to be stabilizing, but the daily transaction volume is falling. Does this mean that the market for Bitcoin is shrinking despite a fall in volatility? We have a streetonomic look at why we think the Bitcoin community needs to turn up the volumeRead More
Bitcoin may resemble an investment bubble, but it's not acting like one. We have amended our view on Bitcoin and now feel that it's an investment balloon. It won't burst in a spectacular market crash, it will simply continue to deflate at it's own pace. Like an untied balloon, with plenty of supporters trying to put more air into it.Read More
A look at how Bitcoin works, and how you can use it. After more than a year learning about Bitcoin, we've decided to share a streetonomic view on the cryptocurrency, and in particular, why to this date, we are yet to have used itRead More
As the price of Bitcoin continues to trend downward, traders are becoming interested in opportunities to short sell Bitcoin
We look at the USD/BTC CFD offered by Plus500, which is one way in which everyday people can take a short position on the price of Bitcoin
Not ready to risk your own money? Try a demo account, it let's you test your strategy using hypothetical money. The demo account does not expire, and offers full access to all the features offered by Plus500Read More
2014 was a tough year for Bitcoin. Here at The Finance Guy, we think 2015 will be even worse. We are not disputing the power of the blockchain, or the technological advances Bitcoin has been a part of.
We've taken a steetonomic look at Bitcoin as an investment, and unfortunately we do not see a bright future for this cryptocurrencyRead More
The blockchain is designed to become more difficult, but is the difficulty rising too fast? If 67% of all mining is done by only 8 parties, can we still call Bitcoin a decentralized currency? The bad news for miners, is that the difficulty is going to continue to increase and the rewards are going to continue to decrease.Read More
The Bitcoin price is once again in decline. One possible reason is the recent disappearance of $1.5Million worth of Bitcoin, believed to have been stolen by a con man who was running a Bitcoin exchange.Read More