AuthorJeremy Tunnell

Please get out of Ripple

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Dear friends, We are in the midst of cryptocurrency mania. We are definitely in a bubble. It is uncertain how long this bubble is going to last, but it is certain when the bubble bursts only coins with some fundamental value are going to be left standing. I can say without reservation that ripple is a horrible coin for long term investors concerned about real value. The ripple team has been...

Bitcoin is still the future

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As I write this, Bitcoin is in the midst of a dip to 12,000. Some people think it could go below 10,000. I bought some more Bitcoin around 16,000, and I’m not worried at all. I just recently read this fascinating essay by a guy who apparently used to work at KKR. It’s a little slow to get started, but the conclusion hits you pretty hard about halfway through: the real money will be in...

Korea is cracking down on cryptocurrency

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The news broke about 30 minutes ago. The market is down about 15%. If this is like previous news of the same type, the market overreacts. It seems likely that they are just going to add more regulations, and perhaps shut down some of the iffy exchanges. If you are in the market for some coins, especially coins normally traded in Korea, they are on sale. /EDIT I am told by a friend who works for a...

Crypto Update

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If you bought civic at $.27 when I said it was undervalued, you’ve doubled your money, And this also fulfills my $.50 prediction for the end of the year I think it could hit two dollars next year, but I also believe other coins have a higher potential market cap. And also you never know what’s happening next week in crypto. At this point, I’ve hit all of my predictions from a couple of months...

RSI Supplements

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There was a time when I was incredibly skeptical of what one might call “alternative medicine”, including herbal supplements, massage therapy, acupuncture,and anything else not prescribed by a doctor. However, I have come to appreciate that medical science doesn’t have all the answers. In my struggle with repetitive stress injuries – mostly carpal tunnel but also tendinitis – I have found herbal...

Crypto roundup

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Bitcoin is going stratospheric. It *seems* to have started because of the announcements that CME will be offering futures on Bitcoin in a couple weeks. That seems to have been the news which brought Bitcoin to the mainstream and now it’s plastered all over all the newspapers and money shows. This is obvious from the stats for Coinbase signups, which went from 100,000 a month to 100,000 a...

Stop using Coinbase

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PSA: For everyone trying to get into Bitcoin right now. Coinbase is the gas station of cryptocurrency: convenient, expensive. It’s really easy to drop in and grab a water, but if you want to buy a bunch of water, I can’t recommend that you keep dropping by the gas station and paying three dollars apiece for a bottle of water. Similarly, once you have some basic familiarity with...

A new feel on bitcoin

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Folks, i’ve had a shift in my perception of Bitcoin in the last few days. Instead of trying to jump in and out of the market based on conditions or fundamentals, I’ve decided that Bitcoin will either be $500,000 or zero. So I am taking an amount I can afford to lose and I’m going in long. I have a lot of people calling me for advice right now, and that’s all the advice I...

Crypto Update

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WTF? Here are my predictions lately: – I predicted a Bitcoin crash, and it did drop down to about 5500, but immediately shot back up. HOWEVER, my crash prediction was predicated on a fork happening, and it did not. So the conditions necessary for my prediction never happened, so I kind of want to claim a wash. Otherwise, I have been worried about attacks from Bitcoin cash, but that’s...

About

I am a startup founder, investor, mentor, and zouk dancer.