
Fitz Tepper
- Philadelphia, Pennsylvania, United States
- fitztepper
Covers
Publications
- TechCrunch3 articles
Writes Most On
- WTF is bitcoin cash and is it worth anything?2 Aug 2017—TechCrunchEarly yesterday morning bitcoin’s blockchain forked – meaning a separate cryptocurrency was created called bitcoin cash. The way a fork works is instead of creating a totally new cryptocurrency (and blockchain) starting at block 0, a fork just creates a duplicate version that shares the cact same history. So all past transactions on bitcoin cash’s new blockchain are identical to bitcoin core’s blockchain, with future transactions and balances being totally independent from each other. For...
- Coinbase is reimbursing losses caused by the Ethereum flash crash24 Jun 2017—TechCrunchEarlier this week, GDAX, the digital currency exchange run by Coinbase experienced a flash crash in its USD – Ethereum market. Within seconds the price of ETH crashed from ~$320 to as low as $0.10. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. While many initially though the flash crash was the result of nefarious work, GDAX eventually confirmed that there was no...
- One bitcoin is now worth more than one ounce of gold2 Mar 2017—TechCrunchWhile today’s swap can be attributed to a good day for bitcoin (up ~3%) and a bad day for gold (down ~1.3%), the big picture is that bitcoin has more than doubled in the last year (up ~185% from a year ago) while gold is essentially trading exactly at the price it was a year ago. Even though bitcoin and gold are both thought of as alternative assets, they don’t usually trade in correlation. Still, it’s notable that bitcoin has (at least temporarily) surpassed the price of gold. Gold is quite...
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