Bulgarian ex-president is now advisor to ex-Bitcoin7.com founder’s Hristo Tenchev’s ICO. Beware!


The cypto world remembers. And one thing we remember is the how the Bitcoin7.com did the Mtgox exit and then was sold somewhere. Hristo Tenchev, once founder of the Bitcoin7.com and responsible for losing some 5000 bitcoins, blaming insider, is now part of the Lockchain ICO (http:/lockchain.co, fuck me if I give you follow link). […]

The Bulgarian State Agency for National Security seized 213 519 Bitcoins. Ever heard of that?


Weird as it is, the FBI collecting a pile of Bitcoins from Silk Road turned out as to be smaller than the biggest government agency hit through the years. The Bulgarian SANS (DANS in Bulgarian) that kicked the horned nest out of some customs corruption scheme, confiscating 213 519 bitcoins used as payments between the involved. […]

There is something smelling fishy about Kraken exchange?


I’ve been trading on Kraken for some time and I’m tired of their performance issues as anyone else. Still, it’s one of the few exchanges allowing margin trade on BTC/USD and BTC/EUR pairs, so I stuck there, gradually lowering my trading fees to acceptable levels. But lately there is the constant “Insufficient margin” on both […]

The social functions of Bitcoin and the cryptocurrencies


Joseph Stiglitz, Nobel Prize-winning economist, has made the claim that bitcoin ‘ought to be outlawed,’ because it doesn’t have any useful social functions.[1] Bad way to start an article, but I’m triggered. For once, I will begin with stating the obvious, even if it doesn’t seem related: Gold doesn’t have any useful social function (other […]

Bitcoin breaks 10k with a bang, and there is a Big Bang Theory yet to be aired

Bitcoin News

Is it a balloon? In my opinion – no. There are always the predictions for a crash. A month ago the BCH tried to overrun the Bitcoin and all it managed was clearing the debris and making it stronger. But why the conviction? Plenty of reasons! First of all, we are all aware we need […]

The autoexchange pools – Zpool.ca, miningpoolhub.com and (somehow) Nicehash – where to mine?


For all I care, anything other than Bitcoin and Ethereum can rot in its grave. Well, may be other than LTC too. I certainly don’t see much use in anything other than the de facto gold standard and the most often used ICO platform, so at the end I usually prefer to collect Bitcoins and […]