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crypto.inferno
Crypto Inferno
We are your guide in a hostile crypto world
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Inferno
http://cryptoinferno.org/
February 19, 2018
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crypto.inferno
bitcoin
6y
Sunday digest
Welcome to the weekend, crypto lovers! Here are the top stories on Inferno from this week. Craig Wright increases the supply of Bitcoin fork BSV to 23 million Bitcoin goes crazy with s $1,000 spike We
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crypto.inferno
bitcoin
6y
How to choose an exchange
There are lots of crypto exchanges out there. What do you look for when choosing one? So you want to buy (and ultimately sell) crypto. Good for you: you’re ahead of most of the rest of the population.
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crypto.inferno
bitcoin
6y
Friday Inferno market update
It’s been quite the week, but the big question is, of course – what next? Bitcoin made incredible gains this week, surging over $1,000 to hit a high of $5,345. Not only was this a huge rise in its own
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crypto.inferno
bitcoin
6y
Craig goes to court
Have his lies caught up with him? We have to hope so. You can’t make this stuff up. Well, actually, Craig did and now it’s looking like it’s – slowly – coming back to bite him. Craig ‘Faketoshi’ Wright,
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crypto.inferno
bitcoin
6y
Bitcoin cows, Eth cats, and BSV turds
A while back we explained cryptos using cows, in the time-honoured tradition used for business and economics. Here’s another one along the same lines. But different. Bitcoin: You have two cows. Cows are
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crypto.inferno
bitcoin
6y
Tuesday Inferno market report
TL;DR sometimes you just need to take a Green Day. Boom! Bitcoin has always surprised us, but no one saw this one coming. After tracking along and struggling to push above resistance at $4,200, the picture
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crypto.inferno
bitcoin
6y
Craig Wright increases BSV supply to 23 million
The development comes as regulators express concern about bitcoin’s finite supply, and gives BSV an advantage in its ongoing competition with BCH – which itself has announced a supply increase to 22 million.
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crypto.inferno
bitcoin
6y
New metrics point to BTC heading for $50k next cycle
Researchers Willy Woo and David Puell’s work suggests bitcoin is close to a bottom, but that a breakout may not occur for another year. Willy Woo is a well-known name in the crypto space. He popularised
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crypto.inferno
bitcoin
6y
Friday market report
TL;DR the wait continues and it’s not looking any better. The bitcoin market has displayed little new activity over recent days. Wednesday saw a lift from the high $3,800s back above $4,000, but it has
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crypto.inferno
bitcoin
6y
The Economist calls the bottom
The article, titled ‘Flaws in Bitcoin make a lasting revival unlikely’, is part of a series of recent contrarian indicators for crypto. Leading mainstream publication The Economist has added its vote to
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crypto.inferno
bitcoin
6y
Is Alts Season on its way?
Are those the green shoots of an alts revival? Or will Crypto Winter kill off the tender beginnings of new crypto life? It’s been a tough bear market. Crypto Winter has stretched on for over 15 months,
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crypto.inferno
bitcoin
6y
Tuesday crypto market report
TL;DR the next 24 hours are critical. Bitcoin has seen a lower high again, with its recent failure to hold the $4k level. After the fakeout and consolidation in the high $3,900s, yesterday bitcoin dumped
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crypto.inferno
bitcoin
6y
New scammery as Craig tries to buy old addresses
A brand new scam has been shut down in seconds by the bitcoin community. A new, anonymous account on Bitcoin forum bitcointalk attempted to buy old wallet addresses from long-standing bitcoin users. The
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crypto.inferno
blockchain
6y
How do atomic swaps work?
Atomic swaps are a big deal in the crypto world, with different projects looking to add them but few offering a pure implementation. A true atomic swap enables users to exchange coins across blockchains,
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crypto.inferno
bitcoin
6y
Friday Inferno market roundup
Bitcoin does it again with a ‘surprise’ move to the downside. Earlier this week the picture was bullish, with bitcoin breaking through the $4k barrier once again and – critically – this time appearing
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crypto.inferno
blockchain
6y
Exchanges exaggerating volumes by 800%
Naughty, naughty exchanges have been lying about the amount of crypto they actually buy and sell, which will come as a SHOCKING surprise to almost no one. Crypto exchanges are a law unto themselves. Ok,
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crypto.inferno
bitcoin
6y
What good is your crypto?
Critics say cryptocurrency is only good for scams and speculation, but this is not true. Here are 10 real-life use cases for different cryptos. Even BCash. Bitcoin. This coin is the daddy. You should own
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crypto.inferno
bitcoin
6y
Tuesday Inferno market update
TL;DR The calm persists... We’ll start by zooming out to the daily chart, because there’s comparatively little new on the shorter-term timeframes. Looking at the daily, we can see that bitcoin has,
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crypto.inferno
blockchain
6y
Karpeles goes free – but the story isn’t over
Have we seen an end to the saga, as the former MtGox CEO will not serve time on data manipulation charges? Mark Karpeles, the who presided over the MtGox debacle that saw 850,000 BTC of customers’ money
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crypto.inferno
tether
6y
What are Tether doing now?
The company behind USDT essentially admits to running a fractional reserve, and potentially issuing money backed by broken or failing assets. As we mentioned yesterday in our market update, Tether have
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