Scotcoin – a coin for Europe
Let’s get down to brass tacks – if such things exist anymore. If you want to buy something, you have to PAY for it. If you have to send the money to someone either you have to pay for that “ send” or the seller has to pay for the “receive.” Credit card fees, Moneygram, […]
China and the Bitcoin stumble
If you’ve been following crypto currencies, you couldn’t help but notice a 20% slide in the Bitcoin dollar price. With the way these things work, that means the whole crypto market is down by a similar amount. Bitcoin is a bit like Rocky Marciano at the moment – groggy and not doing too well, then […]
Sterling Stops at Dover
Sterling stops at Dover. What are we to make of Scotland after Brexit? To listen to many, we will be reduced to vassal status and plunged into a permanent recession, with 16% of our exports immediately cut to zero. And errrr 63% still going to the rest of the UK. Hmmm so four times more […]
$8 billion? A DAY?!
$ 8 billion? A DAY?! It’s no wonder Goldman Sachs is starting to pay attention to Bitcoin and crypto currencies generally. In the past 24 hours the total trading in crypto currencies has topped $8billion and a market cap of more than $150 billion. That ain’t hay. Compared to the London Stock Exchange daily trade […]
Scotland’s First House Purchase with Scotcoin!
A residential apartment in Glasgow has been sold for 10 million Scotcoin. It is believed to be the first time a property in Scotland has changed ownership using a crypto currency to settle the transaction. At the current exchange rate for Scotcoin it is the equivalent price of 60,000 GBP which will be the price […]
Bitcoin now nearly worth Goldman Sachs
Bitcoin now nearly worth Goldman Sachs Earlier this week, Goldman Sachs, the $90 billion investment banking firm, told its investors and clients that it is becoming more difficult for institutional investors to ignore Bitcoin and the cryptocurrency market. In a letter to its investors, clients and portfolio managers, JP Morgan analyst Robert D. Boroujerdi wrote: […]
ICO risks
ICO risks (as promulgated by Singapore Monetary Authority) ICOs (Initial Coin Offerings) as I’ve been saying are the “Go To” method at the moment for Blockchain and Fintech companies to raise funds for their Ecosystem. Scotcoin was one of the earliest adopters of the view that Crypto Currencies would be regulated, and we have been […]
10,000 Bitcoin for two pizzas? $10?
I apologise, dear reader, for having missed World Bitcoin Pizza day this year. In case you don’t know, it was May 22nd, 2010, when an extremely fortunate pizza vendor sold two pizzas worth $10, for 10,000 Bitcoins. Even allowing for the recent slide, that’s $34,500,000. Prices of Bitcoin have – as I said recently – […]
For Fork’s sake!
For Fork’s Sake !! So the fork has come and gone and not too much seems to be disastrous. It’s early yet of course but as at the time of writing the BTC /USD price is $3450 per Bitcoin. That’s improved around 305% since August 1st. What has particularly struck me recently is the emphasis […]
Meet Up Dundee
Scotcoin expands into Dundee – meet us there! Little bit of trivia for you: Where (outside of the M8) does Scotcoin get most of its website hits from? Of course, the big financial centres like London or oil/investment town Aberdeen get a mention… But a somewhat more humble hotbed of cryptocurrency is nestling in Silicon […]
