James Bachini

Bitcoin

  • Crypto Market Thesis 2024

    Crypto Market Thesis 2024

    The crypto market has experienced significant recovery this year, with Bitcoin’s value surging from $16,500 to over $40,000. Growth was shadowed by increased regulatory scrutiny, particularly impacting centralized exchanges. The Bitcoin halving in April 2024 is poised to be a pivotal event, historically triggering market rallies. The potential January approval of Bitcoin spot ETFs could…

  • eBTC How To Trade The Flippening

    eBTC How To Trade The Flippening

    eBTC is an over-collateralized digital asset pegged to the price of Bitcoin which can be minted using stETH as collateral. This is a write up of my internal research notes, this is not a sponsored post and I do not hold any exposure to eBTC at time of writing. Do your own research, not investment advice.…

  • Calculating The Intrinsic Value Of Bitcoin & Ethereum

    Calculating The Intrinsic Value Of Bitcoin & Ethereum

    Calculating the intrinsic value of Bitcoin, Ethereum and other digital assets is challenging due to its intangible nature. In this analysis I’m going to discuss common methods of calculating intrinsic value and then create a model using a combination of the methods. tl;dr based on the models described below: Methods Of Calculating Intrinsic Value Store…

  • How Many People Own Bitcoin & Ethereum?

    How Many People Own Bitcoin & Ethereum?

    No one can provide an exact answer to “how many people own Bitcoin” or “how many people own Ethereum” because a single user can have multiple anonymous addresses on the network. We can however analyse the data available in block explorers, company reports and research posts to make an estimate. tl;dr estimates based on the…

  • How To Create A BRC20 Bitcoin Token

    How To Create A BRC20 Bitcoin Token

    In this tutorial we will create our own BRC20 token on the Bitcoin network. James On YouTube Watch On YouTube: https://youtu.be/6eTN2fVd4Pw |Subscribe What are BRC20 Tokens? BRC20 tokens are created using the Bitcoin Ordinals protocol. The Ordinals protocol is a set of rules that govern how inscriptions are created, transferred and managed. Bitcoin and the…

  • Taproot Explained | Beneficial For Bitcoin?

    Taproot Explained | Beneficial For Bitcoin?

    The Taproot Bitcoin upgrade was activated on November 14th 2021. It was designed to improve privacy, efficiency and the network’s ability to process custom logic. The upgrade inadvertently made it possible to link metadata to Bitcoin transactions. By using ordinal theory it is possible to inscribe each satoshi (lowest denomination of Bitcoin) with a corresponding…

  • Will Quantum Computing Break Bitcoin?

    Will Quantum Computing Break Bitcoin?

    Quantum computing has the potential to transform the way we solve complex problems in various fields, including cryptography. It offers a unique approach to problem solving that can break certain cryptographic algorithms and create new opportunities for cryptography. Bitcoin uses a combination of SHA256 hash functions and secp256k1 elliptic curve (ECDSA) cryptography to secure transactions.…

  • Bitcoin Ordinals

    Bitcoin Ordinals

    Bitcoin ordinals are a means of creating NFTs by attaching data such as images, videos, and more to an individual satoshi on the base Bitcoin blockchain. They use an arbitrary but logical ordering system called ordinal theory to give each individual Bitcoin satoshi a unique non-fungible reference. What Are Bitcoin Ordinals? Bitcoin ordinals, also known…

  • Bear Markets | How Human Psychology Works Against Us

    Bear Markets | How Human Psychology Works Against Us

    Is loss aversion causing long-term underperformance in our portfolios? In bear markets I find it harder to rebalance my portfolio and allocate capital to riskier investments. This creates an unintentional de-risking in bear markets where there is a better long-term risk to reward. James On YouTube Watch On YouTube: https://youtu.be/6F1Cpk14stE |Subscribe Not a financial advisor,…

  • Blood in the streets for crypto markets

    Blood in the streets for crypto markets

    A year ago I outlined my 60/40 digital asset portfolio which was 60% crypto and 40% USD stablecoins. One of the biggest benefits to this portfolio is that during market downturns it leaves you with capital to deploy. Today has been one of the most chaotic days in crypto markets ever and I’m going to…

  • How To Trade Crypto | Ultimate Guide To Trading Bitcoin, Ethereum & Altcoins

    How To Trade Crypto | Ultimate Guide To Trading Bitcoin, Ethereum & Altcoins

    This ultimate “How To Trade Crypto” guide is provided for educational purposes. I am not a financial advisor, not financial advice. The vast majority of active trading in crypto markets is done on centralized exchanges such as Binance and FTX. The high volumes on perpetual futures on both exchanges has proven the demand for leveraged…

  • History of Cryptocurrency | How Bitcoin & Ethereum Created A Trillion Dollar Asset Class

    History of Cryptocurrency | How Bitcoin & Ethereum Created A Trillion Dollar Asset Class

    This article is derived from a chapter in the free eBook explaining DeFi technologies:DeFi Demystified | An Introduction To Decentralized Finance The history of cryptocurrency starts long before Bitcoin. Blockchain’s have been around since the 1980’s and Bitcoin was built not as a totally novel concept but on top of other works like Nick Szabo’s…

  • Real Bedford FC | The ₿itcoin Football Club Story

    Real Bedford FC | The ₿itcoin Football Club Story

    Negotiations are finalised. Peter McCormack, host of “What Bitcoin Did” podcast, has agreed to purchase Bedford Football Club. At the end of the season the the club will rebrand to Real Bedford FC and the journey to take Bedford to the premier league will begin. With lucrative sponsorship deals already in place this could just…

  • Crypto Market Thesis 2022 & Current Portfolio Holdings

    Crypto Market Thesis 2022 & Current Portfolio Holdings

    This article outlines my thoughts and predictions for crypto markets heading in to 2022. At the end of the article I share my allocations and plans for this year. Crypto Market Thesis Video James On YouTube Watch On YouTube: https://youtu.be/ogBcbwuasWw Bitcoin Market Outlook Crypto markets have cooled off significantly since summer 2021 but expectations are…

  • How Many Bitcoin and Ethereum Are There In Circulation

    How Many Bitcoin and Ethereum Are There In Circulation

    There can only ever be 21 million Bitcoin ever created. However many are lost, a small fortune lies dormant in the wallets of the mysterious founder Satoshi, and some has been stolen and blacklisted. To calculate the circulating supply of Bitcoin now and in the future we need to take all these factors into consideration…

  • How To Short Sell Crypto

    How To Short Sell Crypto

    Short selling the best asset class of the the last 10 years is a risky venture at the best of times. However there are situations where it can be profitable to get the shorts in while markets or individual token valuations are crashing. In this article I’ll be explaining how to short sell crypto such…

  • Testnet Faucets | 13 Testnet Details Including Ethereum, BSC, Polygon, Avalanche, Solana & Bitcoin

    Testnet Faucets | 13 Testnet Details Including Ethereum, BSC, Polygon, Avalanche, Solana & Bitcoin

    Testnet faucets provide a risk free way to experiment with DeFi and cryptocurrency. You enter your address and get testnet tokens for free which hold no value. In this article I’ll be providing the latest details for all available public testnets. At the end I carry out some analysis to gain insights into developer activity…

  • Bitcoin ETF | Why A Bitcoin ETF Changes Everything

    Bitcoin ETF | Why A Bitcoin ETF Changes Everything

    On Tuesday 3rd August the head of the SEC gave the clearest signal yet that they are readying for the approval of the growing list of Bitcoin ETF products awaiting regulatory approval. “I look forward to the staff’s review of such filings, particularly if those are limited to these CME-traded Bitcoin futures” Gary Gensler @…

  • Bitcoin Market Cycle | How To Navigate Crypto Market Cycles 📈

    Bitcoin Market Cycle | How To Navigate Crypto Market Cycles 📈

    The Bitcoin market cycle is volatile and emotionally challenging for investors but both Bitcoin and the wider crypto sector follow familiar cycle dynamics to other markets. Prophecy Was Given To Fools While I’ve never found a way to predict what the market will do next it’s both useful and fairly easy to understand where you…

  • Bitcoin vs Ethereum | Everything You Need To Know About BTC & ETH

    Bitcoin vs Ethereum | Everything You Need To Know About BTC & ETH

    The Bitcoin vs Ethereum debate is passionately argued by maximalists for both sides. This article and video explains the fundamental differences in how they work, what makes them unique and why Ethereum carries more risk and potential reward. Bitcoin vs Ethereum [Video] James On YouTube Fundamental Differences In 2008 an anonymous developer using the pseudonym…

  • Bit.com Review | A New Crypto Exchange

    Bit.com Review | A New Crypto Exchange

    In this Bit.com review I’ll take a first look at a new exchange from the co-founder of Matrixport and Bitmain. Bit.com Review & Demo [Video] James On YouTube Who Are Bit.com? Bit.com is a new exchange registered in the Seychelles offering spot, futures and options markets for digital assets. The chairman is Jihan Wu who…

  • Crypto Portfolio | What I’m Hodling & Why In 2021

    Crypto Portfolio | What I’m Hodling & Why In 2021

    In this article I’ll go through my crypto portfolio and explain why I’m holding each of the digital assets. I’ll also be discussing the principles behind the portfolio and how I manage it. The Crypto Portfolio 2021 This is what my crypto portfolio looks like as of July 2021. I’m not a financial advisor, not…

  • Certification Of Bitcoin Mining Sustainability ♻️

    Certification Of Bitcoin Mining Sustainability ♻️

    This article explores Bitcoin mining sustainability and the idea of classifying Bitcoin by how it was mined to incentivise renewable energy. The Video: How To Incentivise Sustainable Bitcoin Mining James On YouTube The Idea: Tracking Bitcoin From Source The idea is to identify the public key addresses of miners who use renewable energy and then…

  • Order Execution Strategy Tests 📋

    Order Execution Strategy Tests 📋

    In this article I’m going to test different methods to find the best order execution strategy for buying and selling cryptocurrency. I’m going to define a test to enter and exit a delta neutral position, write trading bot code for each strategy in NodeJS and execute each on an isolated exchange sub-account to see which…

  • Futures Funding Rate Strategy | Using Binance & FTX To Arbitrage Funding Rates

    Futures Funding Rate Strategy | Using Binance & FTX To Arbitrage Funding Rates

    In this article I’ll be executing a cash and carry trade purchasing a crypto asset on spot markets and short selling a futures contract for the same asset to collect funding rate fees. Understanding Futures Contracts A futures contract tracks the price of an underlying asset. It allows active traders to take out a long…

  • Deribit Review | Read This First

    Deribit Review | Read This First

    Deribit is the leading options trading platform for cryptocurrencies. In this article I’ll be doing a comprehensive Deribit review and providing insights and strategies for options trading on deribit.com Deribit Demo [Video] James On YouTube Bitcoin Futures & Options The Deribit brand combines Derivatives with Bitcoin and these derivatives come in two forms futures and…

  • Search For Satoshi

    Search For Satoshi

    In 2008 an anonymous user with the alias Satoshi Nakamoto posted the original Bitcoin whitepaper to the Cryptography mailing list. Satoshi mined a lot of the early Bitcoin blocks and the rewards that are held in bitcoin wallets associated are estimated to be around 1 million BTC or 10 Billion USD. If Bitcoin eventually reaches…