YOU ARE ONE WHO INVESTIGATES

YOU ARE ONE WHO INVESTIGATES, RIGHT?

DOES THIS DESCRIBE YOUR INTEREST IN BITCOIN?

You arrive at this blog searching non Bitcoin terms - but - interestingly, you do have an interest in finding out more about Bitcoin. You probably don't know what the term Blockchain means either. Or, that there are over 800 branded "coins" like Bitcoin on the blockchain technology. You know that you would like to know more - but don't know where to start or who to ask. What luck that you are here today. Here's this blogs best advice.................. The sidebar has "Bitcoin" books and "Bitcoin" links - exploring any of these can be helpful for your learning curve....... But, let's say you simply want to get your feet wet - to actually OWN some Bitcoin - and you are simply wanting to know the first steps on obtaining some Bitcoin............. Cool - because it's not hard to do - but - you DO need to know a few things about OWNING Bitcoin...... First things first - Bitcoin in 2017 is totally legit and you are going to have to identify yourself, and verify yourself, to buy OR to "mine" Bitcoin............Next - there is only a place or two to buy Bitcoin at the lowest price - the main company is called Coinbase. Millions of people have Coinbase accounts. MOST people in America buy their first Bitcoin from Coinbase....... Now, interestingly, Coinbase has an interesting "bonus" to those who sign up - and buy their first 100.00 USD of Bitcoin. BUT - the bonus involves USING AN AFFILIATE link to JOIN Coinbase; I'll explain what and why.......First, ONLY IF you use an affiliate link do you get the Coinbase bonus - this is my link at coinbase https://www.coinbase.com/join/52570ca75308dda35e000033 - IF you use it when you join and then eventually buy your FIRST 100.00 USD of Bitcoin from Coinbase - THEN THEY GIVE YOU 10.00 USD OF FREE BITCOIN - (They Also Reward Me). It's Coinbase's way to welcome American People to Bitcoin.....IF YOU DO NOT USE THE AFFILIATE LINK TO SIGN UP - THEY DO NOT REWARD YOU EVER FOR YOUR FIRST 100 USD - IT'S THAT SIMPLE...DO YOU WANT 10 FREE USD OF BITCOIN... You too will have an Affiliate Link after you join - make sure to share that with your friends when they want to buy their first Bitcoin. Also, when you join Coinbase... You will automatically also have a Bitcoin wallet (and address) - you will need a Bitcoin Wallet to acquire BTC from the only other method of OWNING Bitcoin - to "Mine" it....

Yes, it's true...you really can become a miner................ And, to some people that means REALLY getting into the entire Blockchain scene, learning the language, becoming experts, and eventually buying Mining Equipment...... And, that is fine for some people. BUT...it is time consuming - AND - Bitcoin machines are notoriously "hot and loud" and somewhat expensive to run as they consume lots of electricity.......Which FINALLY brings us to the last quick tutorial for you... the news that you can also RENT "mining" equipment - by buying what is called Hashpower - from a reputable company..... UNFORTUNATELY, reputable mining companies, are few and far between - indeed - I can ONLY recommend the one I am using myself, (and even then I suggest caution in over investing as Bitcoin's price is rising so fast, that to send it out to get it back seems non-productive) - Genesis-Mining...... they are a long running mining farm with low electricity costs - and over 500,000 people worldwide are already "mining" with them from buying Hashpower contracts. That Hashpower is assigned to your rented machines - which "mine" cryptocurrency daily - you are sent your earnings the following day, which they accumulate to send to you automatically .... at Genesis Mining there are multiple coins to "mine" and you set the mix of coins you "mine" - and you can change your mix at any time. The return on your investment will ultimately depend on the price of Bitcoin and the coins you choose to "mine". Obviously, if you re-invest your returns in buying additional Hashpower - your ROI will be quicker. Indeed, after a number of months (less than a year currently) you will be "up" and earning daily bitcoin value indefinitely on the Sha256 contract....it's a longer term view - if a year is to be considered long term. And, like Coinbase, Genesis-Mining also has a "win-win" Affiliate Program for new users - IF you use a PROMO code to buy your "mining contract/Hashpower" - you save 3% on your cost (you pay full price if you don't use the promo/coupon code) - AND - they also provide me a bit of FREE Hashpower for bringing you into the "mining" spectrum. "Mining Contracts" begin at ONLY 30.00 USD,it's a no brainer - Here's my Genesis Mining Code (you can see it in other places on this blog too) lcS0Un - use the code when you sign up. Just click the links, or click the banner at the top of the sidebar. Thanks.

Oh - one final thing - the powers that be - may DECLINE your perfectly valid Visa card - In Other Words - You May Need To Call Your Bank Or VISA to be able to buy - to validate your purchase. It's just one additional way the powers that be want to keep you powerless. Once you do that your order will be approved. Yes...you can use credit cards.

It's really just easiest to get that Coinbase account and buy Bitcoin - or - get that Coinbase account and have someone who owns Bitcoin transfer it to you there via your free Bitcoin wallet and address. Thanks for reading...but, now you are actually ready and have the basics...it's up to you.

YOUR BITCOIN - MAKES YOU A MICRO-LENDER BANK - CHECK THIS OUT

Monday, May 25, 2015

The `Scarcity' Segmentation Of Virtual Currencies --- Examined (PART THREE) Coins From 3.6 Million To Million <.75 Million Available

This is the conclusion segment of the analysis of the `scarcity' of the various `cryptocurrencies'. These coins in each category below are within the rarest of 10 total segments. Read On.
======================================
Part One
Part Two
Segment 8 - Most Abundant Coins Available, #351-400
THE BITCOIN SCARCE (3.6MILLION - 1.6 MILLION) SEGMENT

In this category, Extremecoin, with 3.6 MILLION available takes the cake for top available honors ... everyone's extreme, right?... And, the top 400 trails down to the measly 1.6 MILLION available for Catcoin. BTW, these two coins have market caps of 9K and  3K and daily volumes under 10 bucks and under 20 bucks. Hardly an indication of automatic success by being `scarce'.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES poorly overall - with just (2) coins in the Top 50 Marketcap AND NONE in the Top 10 Marketcap (of all 552 coins)
Indeed.... these 2 coins were in each days Top 50 marketcap that I checked:
(shown with fiat value)
these 2 were ranked #11-50 in marketcap

         FIAT 
COUNTERPARTY 1.00
YB 0.88

So, as you can see, this category is the one that finally has coins worth A BUCK OR SO  (BUT IT NEEDS TO AS IT'S SCARCITY IS INCREASING) - and have the potential for much more. Real value that requires these coins to be the real money they represent (have uses other than trading) - and have some perception of advantage to other coins within the category. CAN ONE OF THESE COINS BREAKOUT?

So, big things can come in SMALLER than Bitcoin packages (Bitcoin SCARCE) - but to be bigger than bitcoin with fewer coins.. will be a significant challenge... but not a challenge perhaps to acquire the needed value to be perceived as real money. Could one of these coins easily become the next 20 or 50 dollar bill?
IMO... the `second bitcoin' could indeed come from this scarcity segment.

==================================
================================
Segment 9 - Most Abundant Coins Available, #401-450
THE BITCOIN RARE (1.6MILLION - .676 MILLION) SEGMENT

In this category, Shadecoin, with 1.6 MILLION available takes the cake for top available honors ... everyone's Shady in Crypto, right?... And, the top 450 trails down to the measly 676 THOUSAND available for SapienceA1FXcoin. BTW, these two coins have market caps of 2K and  67K and daily volumes under 20 bucks and under 100 bucks. Hardly an indication of automatic success by being `rare'.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES okay overall with (4) coins in the Top 50 Marketcap AND NONE in the Top 10 Marketcap (of all 552 coins)
Indeed.... these 4 coins were in each days Top 50 marketcap that I checked:
(shown with fiat value)
these 2 were ranked #11-50 in marketcap

         FIAT 
NUBITS 1.01
ETHER 0.91
NOVA 0.42
BITCOINDARK 0.82

So, as you can see, this category is another one that finally has coins worth A BUCK OR SO  (BUT IT NEEDS TO AS IT'S SCARCITY IS INCREASING) - and have the potential for much more. Real value that requires these coins to be the real money they represent (and to have uses other than trading). CAN ONE OF THESE COINS BREAKOUT?

So, big things can come in SMALLER than Bitcoin packages (Bitcoin RARE) - but to be bigger than bitcoin with fewer coins.. will be a significant challenge... but not a challenge perhaps to acquire the needed value to be perceived as real money. Could one of these coins easily become the next 20 or 50 dollar bill?
IMO... the `second bitcoin' could indeed come from this scarcity segment.

===============================
===============================
Segment 10 - Least Abundant Coins Available, #451-500
THE BITCOIN PREMIUM (under 669,000) SEGMENT

In this category, Clamscoin, with 669 THOUSAND available takes the cake for top available honors ... everyone wants clams, right?... And, the top 500 trails down to large numbers of coins with unknown quanties... represented by Gravitoncoin. BTW, these two coins have market caps of 893K and  ?K and daily volumes similar and about 5k in 24hours.  An interesting indication of `automatic success' by being `rare'?.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES okay overall with (3) coins in the Top 50 Marketcap AND NONE in the Top 10 Marketcap (of all 552 coins)
Indeed.... these 3 coins were in each days Top 50 marketcap that I checked:
(shown with fiat value)
these 3 were ranked #11-50 in marketcap

         FIAT 
CLAMS 1.33
MASTER 1.40
UNOBTANIUM 2.41


So, as you can see, this category is another one that finally has coins worth A BUCK OR SO  (BUT IT NEEDS TO AS IT'S SCARCITY IS THE GREATEST) - and have the potential for much more. Real value that requires these coins to be the real money they represent (and to have uses other than trading). CAN ONE OF THESE COINS BREAKOUT?

So, big things can come in SMALLER than Bitcoin packages (Bitcoin PREMIUM) - but to be bigger than bitcoin with fewer coins.. will be a significant challenge... but not a challenge perhaps to acquire the needed value to be perceived as real money. Could one of these coins easily become the next 50 or 100 dollar bill?
IMO... the `second bitcoin' could come from this scarcity segment.
=============================
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I Hope You Enjoyed The Scarcity Postings

Share Them With A Buddy Into Bitcoin
=======================================
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