Bobby Lee's Blog RSS

I’m giving away a FREE Tesla CyberTruck! I was confident that the price of Bitcoin would reach $39,900 (Tesla CyberTruck price parity) in the year 2021, but even I didn’t expect it to happen in the first week. The price increased $21,000 in 21 days! Now that Bitcoin has already exceeded the $39,900 price target this year, I will keep my promise from last summer to give away a free Tesla CyberTruck to one of my lucky Twitter followers who retweet my price prediction and giveaway. I just hope that Elon Musk will keep his promise to start delivering the...

Happy new year!Bitcoin and Tesla are two of my favorite things. How are they related? Read on…Look at these Bitcoin prices! Wow… it’s really taken off in the last two months. Actually, Bitcoin prices have already gone up over 10x since the lows of the bear market.Over two years ago, in December of 2018, I predicted that the next Bitcoin bull market will start in late 2020 (which it did), and that the price would top out at $333,000 by the end of this year, 2021. If history repeats perfectly, then the current bear market for #Bitcoin would bottom out...

I’m sure many of you have heard of the expression “easy is hard.” What does it mean? Well, it refers to the fact that it’s hard to make something easy. That makes sense intuitively, because it truly does take a lot of smart, focused thinking and good design, to make something truly easy. Would you agree? Of all the companies and products out there, I think the Apple iPhone best captures the concept that to be “Easy is Hard.” As a hardcore Apple fan, I can confidently declare that the iPhone is truly the world’s easiest to use smartphone and...

We all know that Bitcoin uses a decentralized digital ledger called the blockchain to record and verify all of its transactions. The blockchain is actually a sequence of blocks, each being a virtual container storing a group of bitcoin transactions. These blocks are what the Bitcoin miners are constantly working to create. The mining machines worldwide are constantly making cryptographic calculations to securely confirm new transactions in a block. Once the correct calculation is found for a new block, it is mined successfully and confirmed by the whole Bitcoin network as being valid, with no double spends or other faulty...

Bitcoin prices just crossed $12,000 again, and even though this is not the first time, it feels dramatically different this time. The overall global macro situation and the heated crypto market makes it different. It brings back memories of Bitcoin’s price rising slowly exactly 4 years ago, in the fall of 2016.  I’ve been involved in Bitcoin since early 2011, so this is my tenth year now. Throughout the past 10 years, the price of Bitcoin has always been an important component of its story. Many people say that Bitcoin’s utility is the most important for this decentralized digital currency,...