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Showing posts from December, 2017

Bitcoin Is 6th Largest Currency In The World By Circulation

Bitcoin is now the sixth most circulated currency in the world, behind five super powers, and outranking the Pound, the Ruble, and the Won, according to the Bank for International Settlements. The figure is based on a value of Bitcoin at $10,765 each, meaning that the total value of all Bitcoins in circulation is $180 bln. While the number is substantial, should Bitcoin rise to $15,000, it will overtake the next highest circulating currency, the Rupee. The other four currencies outranking Bitcoin are the Yen, Yuan, Euro, and Dollar, all of which have dramatically greater levels of currency in circulation (the Dollar, for example, stands at $1.4 tln). Other cryptocurrencies are also following suit, with Ethereum ranked at #17, and Bitcoin Cash at #20. Ripple falls just outside the top 20. However, both BCH and XRP are still above both the Krona and Rand for total circulation. These numbers are, of course, somewhat skewed, because the value of notes in circulation is not reflective of th

The Crypto Boom Times Now at Full Swing

Will this just keep on going? Will it just rise and rise? – many are asking. While, on the other hand, shouts of bubble have reached fever pitch months ago. A crash is imminent, many were told when bitcoin neared $10,000, but if the asset has many more of those sort of crashes, the global market cap might reach a trillion in months. It’s at $350 billion currently, up in a near vertical line for the year. While current trading volumes now stand at a higher level than the global market cap at the beginning of the year. Then, as if everyone was not having enough fun, cats had to be brought into the equation. Someone apparently paid $100,000 for a CryptoKittie . In an ecosystem flush with money, pocket change perhaps. But we can already here those bubble bubble cries getting louder. $100k for a cartoon cat! The world has gone mad! The second coming of Satoshi is imminent! We can already hear some retorting with moans about bathtubs being sold for millions just because they have been labele

Madison Beer in Short Leather Skirt at Catch LA in West Hollywood

Madison Beer in Short Leather Skirt at Catch LA in West Hollywood.

Julia Pereira in Bikini and Swimsuit on the beach in Miami

Julia Pereira in Bikini and Swimsuit on the beach in Miami.