Virtual currencies are in vogue mainly due to two factors. First, as a protest or as a hedge against authority-driven monetary policy decisions and second, as alternatives to deficits in some monetary systems arising out of political instability or other causes. Let’s observe the first factor where an authority driven monetary policy decision caused incremental…
Category: Bitcoin
How Bitcoin might be integrated into the international settlements system
Most of the inflow of money happens to be in the developing economies, for example Philippines is the third-largest receiver of remittances in the world. The numbers are compelling: US$26 billion received in 2013, an estimated US$27.5 billion in 2014, and consistent growth of about US$1 billion to US$2 billion annually. Dollar movements create market…
How Bitcoin might be included in the traditional banking system
Let’s discover as to how Bitcoin (the system), bitcoins (the tokens), or both might be incorporated into the mainstream banking system Bitcoin has proved to be an important asset class this year in 2017 when compared to gold and dollar by market indices. As much as we recognise that Bitcoin is relatively new, and constantly…
Why Indians Don’t Eulogise Bitcoin
No, Gordon Gekko is not really selling his Bitcoin anytime soon. He was just playing with Bud. Gordon probably read it in the mainstream media news report that Bitcoin has further gone sinking in its value and is grappled by FUD [Fear, Uncertainty and Doubt]. Something like this: FUD FUD is something which is looming…
2017 so far: Bitcoin vs Stocks vs Gold vs Silver
[Aug] Bitcoin Forecast for 2017
So now that the forking drama has ended let’s do some crystal ball gazing for the price of Bitcoin in 2017 in terms of Indian rupee. For the reference of historical price data, we are using the numbers from Zebpay – the most popular Bitcoin exchange in India. Short term Bitcoin Average Considering the fork…
Hedging against Bitcoin
Hedging is how you safeguard yourselves from high level of uncertainties in the financial markets. For people who own Bitcoin and were lured in with the mad rush that followed in the months of April and May, the months of July and August will be the greatest shocker for you. Crypomarkets are bleeding and reeling…
The Bitcoin Vocabulary
Bitcoin provides a new approach to payments and, as such, there are some new words that might become a part of your vocabulary. Let’s learn the common words used on a daily basis if you have recently purchased a few bits: Table of contents Address Bit Bitcoin Block Blockchain BTC Confirmation Cryptography Double spend Hash…
Ethereum is coming to India
Before we jump into learning more about Ethereum, it’s good to know that it’s the 2nd largest cryptocurrency (just next to Bitcoin) as per market cap. The currency has grown over 2000% since the start of the year. Bitcoin Wiser was early to delve into Ehtereum in the previous year and we are forecasting it…