Monthly Archive:: May 2020

News Commentary #1,075 – COVID-19 Sets Stage for Bitcoin

Dollar Weakens While Bitcoin Gets Stronger. In a very thought-provoking article that recently appeared in Cointelegraph, the author, Jay Hao, describes the recent history of Bitcoin during the ongoing COVID-19 pandemic.  He points out the uncertain future of fiat currencies in light of the trillions of dollars (and, probably, other currencies) that have been created …

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News Commentary #1,074 – Bitstil Summarizes its Program

Online for Over One Month. Have you forgotten about Bitstil (reviewed here)?  In case you have, we just received an email from them that summarizes their investment program.  We’ll repeat it below.  Bitstil has been online for roughly a month now.  This is not an especially long time.  However, it does appear to indicate that …

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News Commentary #1,073 – Alysdax Increases in Popularity

Numerous News Channels. Here’s an email that we recently received from Alysdax (reviewed here).  This company does a remarkably good job at keeping in touch with their partners. Good day! AlysDax has gained incredible popularity around the world. Korean and Chinese publications especially write a lot about AlysDax thanks to the active support of top …

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News Commentary #1,072 – Bitcoin Up To 9K Again

How Far Will It Go? In News Commentary #1,069, we reported on the fact that the value of Bitcoin had dropped around 10% — to well below $9,000.  Well, thankfully for Bitcoin holders, there has been a recovery to over $9,000.  The prognosis appears to be that, in the short term, it may go as …

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News Commentary #1,071 – Appco Publishes Fifth Weekly Update

Emergency update: Telegram chat of the program was removed… Check further updates.. Over $3,600,000 processed. Appco (reviewed here) just published its fifth weekly update.  They now claim that $3,600,000 has been processed with them and that they have over 3,690 active accounts.  In reality, there have probably been a large number of accounts that are …

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News Commentary #1,070 – New Alysdax Office in Japan

Run by Project Leaders. There is now a physical Alysdax (reviewed here) office in Japan.  It looks like this office is not run by the company, but is rather the work of a number of ambitious leaders in the project who are located in Japan.  My guess is that they have pooled their resources and …

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News Commentary #1,069 – BTC Down 10%!

Wait Another Month for it to Rise? In a recent article that appeared in Coindesk, Omkar Godbole analyzes the decline in the value of BTC in the past two weeks since halving took place.  Some BTC holders were probably hoping for quick increases in value.  However, Gobbole points out that, following previous halving events, it …

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News Commentary #1,068 – Governments Could Ban Gold Ownership – Again

The Gold Investor’s Worst Nightmare. Nearly 90 years ago, the US Government seized privately-held gold and forced people to accept paper money in its place.  Many present day gold investors fear this could happen again — in spite of the fact that the US is in the business of selling gold and silver coins that …

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News Commentary #1,067 – Alysdax is in the News in the Orient

Now Popular in Japanese and Chinese Blogs. Recent updates provided by Alysdax (reviewed here) indicate that the company has now become a topic of conversation in both Japanese and Chinese blogs.  Such a level of popularity is very unusual in the world of HYIP investing.  Following we have repeated two recent updates from Alysdax related …

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News Commentary #1,066 – 100 European Banks Charge “Negative” Interest Rates

They Pay You to Borrow and Charge You to Save! As sort of a follow-up to the article we reprinted in News Commentary #1,063, here’s a very interesting article by Kevin Helms that appeared in Bitcoin dot com.  If you haven’t yet read News Commentary #1,063, I highly recommend that you read it before reading …

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News Commentary #1,065 – Alsydax Announces Video Gallery

You Can Participate! Alsydax (reviewed here) just announced the addition of a “Video Gallery” to its website.  This gallery includes photos, videos produced by Alysdax, and videos produced by users.  So, you are invited to add to this collection too!  For more details, please refer to the Alsydax announcement that I’ve reprinted below: Click this …

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News Commentary #1,064 – Negative Interest Rates

Get Paid to Borrow! There are a number of European banks that are now charging “negative” interest rates.  Sounds confusing, right?  It boils down to a bank PAYING you to borrow money and CHARGING you to save it.  And, that’s enough to twist your head into knots.  In an effort to understand all this better, …

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News Commentary #1,063 – Alysdax Announces Internal Currency

The ALYS Coin. Alysdax (reviewed here) recently announced the launching of an internal currency that they have appropriately named “ALYS.”  This coin can be used in various ways internally and, in the future, the plan is that it will be able to be traded publicly.  On an immediate basis, there are a number of ways …

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