Woobull

Cryptocurrency Investment

My thoughts on Bitcoin's network congestion

Here's a wee chart below to illustrate my thoughts on Bitcoin's transactional network the last two years. The Bitcoin network hasn’t been able to keep up with peak transactional demand since 2016, since 2017 it hasn’t been able to keep up with the AVERAGE transactional demand. Meanwhile our current scaling path is...

The state of crypto-markets Q4, 2017

Preface: Last week I spoke in front of an audience of 1000 fund managers, bankers, and private equity folk in New York City at the inaugural Concensus Invest conference organised by CoinDesk. Here are my slides and commentary. Special thanks to CoinDesk for making the day possible. I don’t come from Wall St....

Introducing NVT Ratio (Bitcoin's PE Ratio), use it to detect bubbles

Preface February of this year, I tweeted a chart that presented the idea of a PE ratio for Bitcoin, something I temporarily called MTV Ratio before my buddy Chris Burniske suggested the less confusing term of NVT Ratio (Network Value[1] to Transactions Ratio). Later in May, Chris was the first to present NVT...

Segwit already making a difference to Bitcoin scaling [infographic]

Here's a sequel infographic to my last one showing the Bitcoin Network under congestion. After one month of Segwit activation, 4% of transactions on the Bitcoin Network is using the new protocol. It's already having an impact. Congestion is now down to early 2016 levels and dropping rapidly as more wallets support the new...