Crypto

It may be tempting for new cryptocurrency investors to buy “cheap” coins because they assume a price of $0.03, for example, can turn them into future millionaires just by HODL-ing until it hits $100. Unfortunately, this is a common misconception as that future price may never materialize. This perspective only considers the demand side of the equation and completely omits data about the supply side to realistically estimate future crypto prices. ...

tl;dr Messaribot (code) is a very simple bot which plots cryptocurrency data to assigned Discord channels. This is written in Python, crytpo data is pulled from the Messari API, and relies on the discord.py API wrapper to publish the finished graphs. Overview Most of the interesting crypto discussions happen on Discord (or Telegram). However, looking up market prices can be a hassle when you need to switch back and forth between different desktop or mobile apps. ...

Context: I had a friend email me about cryptocurrency mining and thought my response was helpful enough to share over Instagram. This led to other friends asking me about the crypto space in general. To keep the spirit of it I have posted the same email below (with some edits). Cryptocurrencies rely on distributed public ledger technology where you need a network of computers (in this case miners) to validate all those transactions. Different cryptocurrencies use different types of consensus algorithms to carry out that validation work by solving complex mathematical puzzles. This ensures the integrity of all past, present, and future records on the blockchain. ...