Duncan Riley of Silicon Angle wrote about another record breaking ICO or initial coin offering. Instead of going the VC route, some startups are raising funds through ICO's. Someone was talking to me about the month of June as it related to domaining. They felt it was a down month. I replied that in June I spoke to more people who I have only known as domain investors, that wanted to talk more … [Read more...]
$609,000 for Exchange.eth?
I have been reading a few articles on this Ethereum Name Service (ENS) and trying to get a handle on exactly what is being offered. An article on CoinDesk a couple days ago shows that some serious money is being invested for names that will end in .eth. Exchange.eth went for $609,000. The article points out that these prices are actually deposits and you can get the money back in a year if you … [Read more...]
Ether Drops 50% this week
On March 28 we wrote about Ethereum and it's rise over 1,000 %. The cryptocurrency took a hit this week and plunged over 50%. CoinDesk reported: Ether's descent While bitcoin has seen range-bound prices, ether plunged more than 56% during the week ending 15th April at 12:00 UTC, according to Poloniex figures. George Samman, blockchain advisor and consultant, described the development as … [Read more...]
Ethereum up over 1,000% – can it dethrone Bitcoin ?
The new York Times published an article today on Ethereum giving the upstart rival to Bitcoin some mainstream publicity. Ethereum was created by a 21-year-old Russian-Canadian, Vitalik Buterin. From the article: Joseph Bonneau, a computer science researcher at Stanford who studies so-called crypto-currencies, said Ethereum was the first system that had really caught his interest since … [Read more...]
33 Indicators that Bitcoin is not slowing down
BargainFox.co.uk produced this infographic that looks at 33 indicators relating to Bitcoin and why things are not slowing down with the cryptocurrency. 55% of Bitcoin users are 19-34 years of age based on a survey of 4,000 respondents. 90% Male … [Read more...]
BitcoinWallets.com is live
Back in February of 2014 BitcoinWallet.com sold for $250,000. Coin Desk reported on the story, Younts, who confirmed the sale to CoinDesk but declined to comment, also noted in the post that he is close to selling the domain BitcoinWallets.com for a similar asking price. The domain asset was a part of the NeverLoseVision.com investment portfolio, a seven-figure incubator portfolio with startup … [Read more...]
Australia Says Bitcoin is Money – Japan says Bitcoin can’t be owned
A couple different views on Bitcoin have come out this week, Australia and Japan both made statements regarding the digital or cryptocurrency. Bryon Kaye of Reuters reported earlier in the week that Australia will look to treat digital currencies as money, making things straightforward for their citizens. From the article: SYDNEY An Australian government inquiry will recommend treating … [Read more...]