Interest on your Scotcoin holdings
What happens when you put money on deposit? Over a period of time, and as long as you leave the money where it is, you will receive some interest. Nowadays of course that interest is what could only be described as piffling. What happens if you invest in gold? If the price doesn’t change, you […]
Whither Scotcoin
Cryptocurrency a scam? There have been quite a few gyrations in the Bitcoin market especially since China put the mockers on ICOs. This was then followed by Jamie Dimon – he of JPMorgan fame – saying Bitcoin was a scam. Yet today, one of the doyens of the London Gold market – Sharps Pixley – […]
The Scotcoin Pizza… Mark this date!
At our MeetUp in Dundee last night, intrepid blockchain enthusiasts joined our cryptocurrency development team for a momentous occasion. We now have 250 regular guests at these events and we discuss all manner of things blockchain, Q&A for newbies, and it’s a chance to meet the team behind the Scotcoin Project and find out more […]
Storming higher
Storming higher! Bitcoin has been doing it’s Rocky Marciano impression – yet again – and has climbed over 30% in about 10 days. From a low a bit lower than $3000 (why didn’t I buy? Because I thought it was going lower) to a present price above $4000, this is a great example of the […]
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: […]
