Nearly every financial asset is dropping in value. But they are not all the same. Here is a chart of the S&P 500 for the last 12 months. Any other index of stocks has a similar chart. A year ago, the S&P 500 index was at 4255. As I write this it is at 3750….
My knowledge of bitcoin is basic. I’m no expert on extortion, either. But Google is convinced I’m an authority on Bitcoin blackmail. This has made me wonder when crowds are, in fact, smarter than individuals. On April 10, I posted about the letter I received suggesting I should pay $8,350 in Bitcoin or have my secrets…
There’s a new Bitcoin blackmail scam circulating — this time based on passwords from website breaches. This extortion email is likely to be less effective than the paper letters because it’s full of obvious errors. My post last April about the Bitcoin blackmail letter in my mailbox has become popular. It generates over 300 views…
I got a Bitcoin blackmail letter in the mail on Saturday. They did a much better job than those Nigerian prince scams you get by email. Here’s the text of the letter: JOSHUA BERNOFF [my address] Hello Joshua, I’m going to cut to the chase. My name is RedDust~10 and I know about the secret…
CNBC reported that, according to Saxo Bank analyst Kay Van-Peterson, the price of bitcoin “could hit $100,000” in 2018. This is a good time to ask, “Where do numbers like this come from?” Broadly speaking, analysts use detailed analysis and models to identify what is happening and predict what will happen. But what is the…