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

Wednesday, June 24, 2015

Crypto `Scarcity' And Potential Fiat Value - Part One

Hello Barfstars.... Without question my 3 part post and analysis of scarcity in May has been this blogs most popular posts of the `Bitcoin Era' of Barfstew - those links are at the bottom of this post. Pageviews are now approaching 2000 a day on a good day (advertisers, this is a bargain) - males looking for beautiful information about a new passion. Cryptocurrencies. The new coin collecting.

BUY YOUR FIRST BITCOIN FROM COINBASE (THE ONE I USE... YOU SHOULD TOO)

Today's post once again will be featuring an analysis of the various `fiat leaders' at certain levels of scarcity - much like the previous post. Certainly when you are investing in Crypto it's important to know - scarcity - and `usefulness'/utility - and presence/following in community.... as basic attributes of a cryptocoin. (IMO - Avoid coins with no website. And be very cautious about ? as the figure of coins available, many coins list ? making your purchase a pure gamble.)

More importantly - I've grouped this analysis to provide coins that aren't so much apples to oranges - as each coin in a group is comparable in size to at least a factor of 2.

Are the coins in your portfolio... over priced or under-priced? What dreams do you have for the value of the coins in your portfolio?
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Extreme Abundance Coins ; 150 Billion+ Available
(5 coins in category) 
BYTECOIN - 0.000028
IF the coin you are investing in has over 150 billion available remember that BYTE is the top valued coin at 2/1000th's of a penny.
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Abundance Coins; 83 Billion - 113 Billion Available
(10 coins in category)
DOGECOIN - 0.0002
Dogecoin is the most valuable coin in fiat value in this category, worth 2/100th's of a cent.
The least valuable coin in this category is the CORGICOIN - worth  $ 3e-08 - that might suggest that Corgi is the most undervalued in this category - up 30% in the past 7 days too.
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Dream Big Coins; 30 Billion - 69 Billion Available
(7 coins in category)
RIPPLE  is the most valuable coin in fiat value in this category, worth ONE CENT. (0.0106)
Five coins in this category all have very similar values at 0.000002 or 0.000003 (2 or 3, - 10,000th's of a cent) FLAPPY, KARMA, TICKETS, HTML AND PANDA. Only ZEIT coin has `lifted off' at a value of 0.000012 - then again any of the other five at this value is a 4-6 fold increase potential.
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 Dream Coins; 12 Billion - 27 Billion Available
(10 coins in category)
MINTCOIN is the most valuable coin in fiat value in this category, worth 0.000075 - or 7.5 1000th's of a penny.
Most of the other coins of this category have values similar to the Dream Big Coins category above 0.000002 or 0.000003 - only Reddcoin at 0.000015 and Smileycoin at 0.000007 have broken out from the pack. This might suggest that the coins worth 0.000002 or `3' - might have some room to run. Indeed a look at some of these coins increases in just the last 7 days might suggest some upward movement - 
HEISENBERG +2,158%
CARPEDIEM +363%
SMILEY+208%
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 Fantasy Coins; 6 Billion - 10 Billion Available
(10 coins in category)
DIGITALNOTE is the most valuable coin in fiat value in this category, worth 0.00019 -- about 1/50th of a penny.
Two coins are not worth even 0.000001 including PHOTON,  and BATCOIN. But are DEVCOIN and DOGECOINDARK opportunies and undervalued?
===============================
 Expectation Coins; 2.5 Billion - 5.2 Billion Available
(6 coins in category)
BITSHARES edges out STELLAR in market cap and fiat value in this competitive category. Bitshares (0.0073 -- 7/10th's of a penny) Stellar (0.0035 - a 1/3 of a penny)...each worth 1000's of times what POPULAR coin is valued at. 
And is LITEDOGE an opportunity at Bittrex when valued at (0.000007)? 
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Possibility Coins; 1.0 Billion - 2.3 Billion Available
(14 coins in category)
This VERY competitive category has only produced one real winner .... the NXT coin 0.012 fiat... valued at just over a penny and perhaps the most traded coin among multiple exchanges and for multiple currencies. That alone can be a driver of `value' occasionally.
Nearly ALL of the other cryptocurrencies in this category are light years behind in fiat value. IF you want a LONG SHOT - try UFO coin (what if one lands?) - or perhaps COMMUNITY COIN at Cryptsy - (not even a current website... but what a name). 
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Expect Part Two Soon
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