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Wednesday, March 4, 2015

SH** `COINS' **IT - IS THAT WHAT THE ALT-COIN MARKET IS?

As readers have already seen... the crypto-currencies market exchanges are not a place to hang your intellectual hat upon... with folks `investing' `money' for things that are not only `virtual'... but that are actually `TOTALLY NON-EXISTENT'. Yes, we are talking about the `shit coins' that have no Earthly presence - after taking folks money straight out of their brainless pockets. Crypto money... that the `developers' will then later turn into Bitcoin and then a final conversion into fiat cash value.

And, today's post was prompted by an Email from the Bittrex exchange about the `shit coins' that had reached an end for them to list. A sample of the e-mail is below:
Thank you for using bittrex.com. 

In an effort to remove dead and unsupported coins from our systems, we have identified coins with broken blockchains and flagged them for removal on March 8th, 2015. Note, that these coins have broken blockchains with no active dev and we can not send funds anywhere. 

StabilityShares - XSI - blockchain broken (7.3million-800mc)
Mugata - MUGA - blockchain broken (2million 600 marketcap)
BankNote - BN - blockchain broken 
PesaCoin - PES - blockchain forked or broken (20m,500mc)
IncognitoCoin - ICG - blockchain broken (20m, 500mc)
EquinoxCoin - EQX - blockchain broken
ScatterCoin - XSTC - blockchain broken 
 (360,000, 22mc)
OptimumCoin - OPTI - blockchain broken 
Diode - DIO - blockchain broken (4m,131mc)

Additionally, the following broken wallets will also be removed. 

GhostCoin - GHOST 
MoCoin - MOB 
DarkSwitft - DS 

Thank you for your time and for trading at bittrex.com! 

Best regards, 
Bittrex Team 

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Bittrex also has dozens of coins in a near similar state as does Bluetrade and the others. I pointed out on Bluetrade the other day how dead the Polish Coin was... One of many without even a webpage.... the lesson... check the coins out for a web presence at least.. look for reddit subreddits or something on bitcointalk for info before `investing'.
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It's quite obvious to many of us in marketing for decades that many more `shit coins' are being made daily that have a `shelf life' of about 6 weeks at most. Even the most egalitarian ... that fit the `broadest' (such as a name Paycoin) definition ... will face HARD shakeouts for survival. After all... there's Mastercard, Visa, American Express, Discover... you get the idea... a handful... same goes for the banks... same goes for the world fiat currencies. 

Eventually... Coin Market Cap will not have 537 currencies... IMO. 

Many Think A Bitcoin Swoon Up To 1000 Again Could Kill The Other Coins

UNLESS...the niches to be served are fitted with the appropriately  positioned coins - in terms of quantity and pricing. 

To use a `stupid' example... Clean Water Coin.... 550 million available coins... worth 1/100th of a cent... marketcap 81,000 dollars.

While the coin immediately above it alphabetically  `Clams' has about 550,000 coins and a marketcap over a million - worth today... 1.81, yeah nearly two bucks. I've had both coins in my Dental Floss Tycoon portfolio previously and have neither now. 

But, each coin had appeal to me.. who doesn't want CLEAN WATER and a way for the world to fund it.... likewise... Clams... which is synonymous with real money... a coin that BETTER have value and be special for `worth'.

IMO both coins are being initially marketed in a realistically positioned manner. CLEAN WATER could have HUGE demand... CLAMS should be hard to obtain and positioned to be worth more. That said, IMO... Clean Water Coin ... nearly obviously... is NOT doing their PR job correctly.... and because of that has IMO way too many coins available. This coin SHOULD be easy to promote at a higher level... much higher marketcap level.

Whereas Clams... may wish they had more... as the viability of so few coins IF it became hot - could easily overshoot it's value compared to it's viability and usability compared to more established coins. But, that said, it's all a guessing game via the developers and name brand positioning.

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Now, just to take a look at a few of the coins on Bittrex's `shit coin' list - the branding names:

StabilityShares - And WHO doesn't want a stable and rising coin?
PesaCoin - Positioned for the Spanish Speaking?
IncognitoCoin - WHO doesn't want anonymity? 
OptimumCoin - Positioned to those loving efficiency? 

My point is all these coins had a moment in time - (Pesa had a marketcap of 35,000 at one time... Incognitocoin - 60,000 plus... etc)...
These were take and grabs... IMO. Some folks are LAUGHING all the way to the bank as more get sucked into a name and a hole.

Which brings us to the video below: it ain't pretty as they say... I cannot vouch for the accuracy of the dialog... but... don't doubt it either.
10,000 Plus Have Seen This In Just A Day 20-1 Approval
very worthy comments at link too.


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This is gonna take some time - can you imagine what happens when AND IF this video ever reached the non Bitcoin aware or other non users? Bitcoin as a ripoff game could only increase in awareness.
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BTW READERS - I'VE DECIDED TO TRUST THAT GOOGLE KNOWS THIS BLOG CONTAINS NOTHING ALREADY THAT SHOULD FORCE IT BEHIND AN ADULT SCREEN NOR RENDER IT UNAVAILABLE TO THE PUBLIC IN GENERAL (IN A FREE SOCIETY) ON MARCH 23RD BASED ON THE ARCHIVE. NOR SHOULD THE CURRENT MATERIAL ABOUT BITCOIN BE VIEWED AS ADULT ONLY OR DANGEROUS.
IF THIS BLOG VANISHES ...AGAIN.
BE AWARE.

Friday, February 27, 2015

IT'S SLOWLY CREEPING IN - CRYPTO CURRENCY IS REAL - MazaCoin PR

As Barfstars know.... Barfstew has been covering somewhat extensively the `nation' branded coins - with the current ultimate example of which is the Maza Coin - a coin designated to be representative of a nation. (Lakota nation.) And, via my connection with Payu Kimitsu on Facebook... I've been aware of some videos that add to the fabric of how awareness builds about CryptoCurrencies.

The first example below is simply someone who wants to encourage the whole movement... who understands that THIS is the time to get in on a new currency standard. (BTW... at Bluetrade's chat box yesterday I again read the 1 bitcoin worth 50,000 idea by NEXT year.... if crypto took over just a small fraction of world commerce. - Something I'm simply repeating here, as you know, some say a million a coin is possible ultimately.) It's from an Indian familiar with this groundswell.... listen to how sincere his anticipation and desire is.



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IF such an urgency translates to the masses and overcomes the built in inertia of folks in 2015... the revolution is at hand.

But, the real gem of a video today is again from the Maza Coin team... again lead publicly it seems by Payu Kimitsu (goes by Payu Harris too) who almost single-handedly is leading the efforts to bring MAZA Coin to the masses for usage via real business transactions.

In the video below you see Payu talking with a local developer in South Dakota.... a developer who didn't really know what the question direction was going to be (you can see him begin to squirm at the 14 second mark) ... who had VERY little awareness of Crypto's (let alone bitcoin or Maza Coin)... and who all of a sudden was answering a question about WHETHER he would take Crypto Currencies for a property.... You will LOVE his answer at 21 seconds as he simply lumps crypto currencies in with all TRADe-ABLE CURRENCIES.

Then, as Payu tells the developer that he'd be the FIRST DEVELOPER to do something like this, (take crypto for building properties).. you can almost sense the guys pride and fear at being so positioned.
"..we feel good about being in a global market... with currencies that are tradable and movable"
Published on Jan 2, 2014
Maza Coin Project Founder Payu Harris talking with Hanni Chaffi about the future of Dream Designs acceptance of Bitcoin and the upcoming Mazacoin crypto currencies


The guy being interviewed is the kind that is the future of certain cryptos.
While the shake out is happening every single day - the huge shakeout and consolidation of bitcoin brands is coming IMO.
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IMAGINE A WORLD IN WHICH  GOVERNMENT FIAT MAY OR MAY NOT BE CHOSEN TO PAY FOR GOODS AND SERVICES.

And, one can assume that Payu is behind this too:
The Designators Designated driver service in Rapid city SD signed on today as the FIRST driving service in the midwest to accept Mazacoi as a payment option, if not the entire US. Designators owner John said..."Im happy to accept Mazacoin, it costs me nothing to have a mzc wallet so why not accept it and help support this new tech?" you can find them on FB @ https://www.facebook.com/pages/The-Designators/1510403115856483
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How much MAZA Coin do you have in your wallet?
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So, I assume you noticed the ADULT screen I've placed on this blog at least for now in response to Google getting WEIRD about censorship again. While this blog prior to being a Bitcoin blog was known for being VERY controversial .... and was literally BANNED by GOOGLE for over 100 days.... my feeling was that it was the political edge that got the ban... but... this blog also featured pretty girls and women in photos... never ever nude but sexy often.... and that along with the LURID side links and Sexy Sunday and Sexy YouTube... leads me to believe that it's possible that Google may make this blog private on March 24 (against my will) - and restrict access to ONLY those who have been invited by myself the moderator/webmaster.

I'll explain more as this evolves - but - if you want to visit this blog after 3/23 - then you may have to give me a working e-mail. Sucks I know.

More on this soon.
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A few more bitcoin related links and thoughts.
This is how Payu responded..... as I said, coins will be dependent upon PR in this upcoming phase. Payu on top of his game.
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Keep your bucks I mean Bitcoin in America is never a bad thought.

For Example
the MYCoin saga.
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Great Articles
the store has an onsite Bitcoin ATM and offers a discount to Amazon Prices if you pay in Bitcoin. And, is Bitjam the tip of the iceberg for a new peer to peer world?
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The Future Continues Its Slow Advance
ZaZZZ
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Various Analysis OF Bitcoin Marketplace
The bottom line is that it looks like BTC is headed to at least 300.
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MORE SOON
thanks for your support


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