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Bitcoin's Forkin Civil War

August 28, 2015 by Finance Guy

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 Community

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August 28, 2015 /Finance Guy
Bitcoin, blockchain, BTC, Gavin Andresen, Mike Hearn, Bitcoin Fork, Satoshi Nakamoto

Bitcoin Hovers, Will Traders Go Long or Short?

August 06, 2015 by Finance Guy

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.

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August 06, 2015 /Finance Guy
usd, Bitcoin, BTC, short sell, short position

Is There a Storm Brewing For Bitcoin?

June 26, 2015 by Finance Guy

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. 

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June 26, 2015 /Finance Guy
Bitcoin, BTC, USD, Plus500

Time for Bitcoin to Turn up the Volume

June 03, 2015 by Finance Guy

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 volume

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June 03, 2015 /Finance Guy
Bitcoin, BTC, usd, Action Buses

Bitcoin is not a Bubble, it's a Balloon!

April 09, 2015 by Finance Guy

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.

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April 09, 2015 /Finance Guy
BTC, Bitcoin, blockchain, USD, Enron, RBA, cryptocurrency, 21 Inc

What is Bitcoin

March 27, 2015 by Finance Guy

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 it

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March 27, 2015 /Finance Guy
Bitcoin, BTC, blockchain, Twitter, Reddit, Enron, financial risk

Can I Short Sell Bitcoin?

January 20, 2015 by Finance Guy

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 Plus500

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January 20, 2015 /Finance Guy
BTC, Bitcoin, CFD, Contract for Difference, Long position, short position, Plus500, derivatives, usd, short sell

Is Difficulty Creating Centralization of Bitcoin?

December 02, 2014 by Finance Guy

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.  

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December 02, 2014 /Finance Guy
Bitcoin, BTC, Hashrate, block chain

Are Disappearing Bitcoin Key to Current Price Decline?

October 24, 2014 by Finance Guy

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.

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October 24, 2014 /Finance Guy
Bitcoin, Alex Green, Moolah, BTC

Bitcoin Price Continues Downward Slide

October 06, 2014 by Finance Guy

Bitcoin is growing in use and falling in price.  When will we see price stability?

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October 06, 2014 /Finance Guy
Bitcoin, BTC, USD, cryptocurrency, Intrinsic Value, financial risk

General Advice Warning: The information on this site is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements before making any financial decisions.