To become successful in business, you must solve two problems: How do I get capital? How do I allocate capital? Your business success will depend on how you answer those two questions. If you have a large income but you spend it all on stupid things, you’ll fail. And if you have no income but … Read more
? Part I: Risk-neutral valuation, Monte Carlo integration vs. the Black-Scholes formula You can find the code in the GitHub repository for this article. The Black-Scholes (BS) pricing model is still a de facto standard method of pricing financial options. Even though there has been much research into improved and possibly more realistic models, the fact … Read more
MACD is a trend-following momentum indicator used for trading. It consists of two lines: This article is based on the full trading tutorial on the Not-Satoshi blog. Introduction Before we begin, I would like to make a small request ##################### Disclaimer!! ################################### # The bots built here with python should be used only as a … Read more
A simple moving average (SMA) is calculated by summing over a fixed number of last prices, say k, and dividing this by the number of prices k. Depending on the selection k, you can obtain short-term or long-term SMAs. Short-term SMAs respond quickly whereas long-term SMAs respond slowly to changes in the prices. You can … Read more
In this article, I’ll develop a simple model of how to value Bitcoin. Valuation Thesis Bitcoin will replace the SWIFT bank-to-bank settlement protocol. Valuation Methodology Bitcoin is now the largest, most decentralized, and most secure international monetary network in the world. This makes it a perfect candidate for bank-to-bank settlements of high-value transactions (whitepaper). Currently, … Read more
👉 Disclaimer: NOT investing advice! What is Staking with ETH 2.0? Ethereum moves from a proof-of-work to a proof-of-stake Blockchain technology with its upcoming launch of ETH 2.0. This means that the network is secured by ETH “stakers” rather than ETH miners or validators. Staking will be the ETH 2.0 equivalent of mining. As a … Read more
A recent Binance Research study shows that approximately 95% of all Bitcoin holders are men. Redistribution of Wealth to Men When reading the Bitcoin whitepaper and the transformation towards a new decentralized, digital monetary system, I realized that we’re in the middle of one of the greatest redistributions of wealth and power in the last … Read more
This article is not investment advice but the personal opinion of the author. The capital value of any discussed investment can fluctuate, and the price can go down as well as up and is not guaranteed. Step 1: Use Bitcoin as Your Personal Treasury Reserve Asset? As a response to the stock market crisis 2008 … Read more
The last 100 years have been economically dominated by corporations. Corporations have brought us health, wealth, and wisdom. Corporations organized the invention and distribution of drugs that saved billions of lives. Corporations took care of automation and efficiency gains and subsequently made billions of people live lives in prosperity and wealth — an average worker … Read more
Bitcoin capital expenditure and energy overhead are often criticized to be unsustainably high. But are they worth it in relation to the value provided by the Bitcoin network? TLDR; Capex and energy costs are estimated using the USD value of the transaction fees paid by the Bitcoin traders. The value of the Bitcoin monetary system … Read more
Problem Formulation Say, you want to get the current price of a cryptocurrency using Python’s inofficial binance API. How do you do this for a precise point in time? Step 1: Install Python Binance with pip If you haven’t already, install the Python Binance API using the pip package manager. Run pip install python-binance in … Read more
Can you earn money for cryptocurrencies? With the increasing adoption of cryptocurrencies such as Bitcoin, Ethereum, and Cardano, the question naturally arise: can you sell your services for cryptocurrencies BTC, ETH, or ADA instead of USD, EUR, or CHF? The answer is: YES. And it gets better: the main idea of the blockchain is to … Read more