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Tuesday, April 2, 2019

BITCOIN UP 800 DOLLARS IN ONE HOUR

A few buddies had to bear all my talk about Bitcoin as I began purchasing it in Aug. 2014 to April 2016 (purchasing it for as low as 190 in early 2015) - and selling it in 2017 and early 2018 - (beginning at 7,000 as high as 19,000 and back down to 11,000) - keeping everything I still had at that point. It went down to about 2,900 six-8 months ago and stayed below 4,000 for a considerable amount of time.

Obviously...I bring this up for a reason. Bitcoin went up 750 last night and is trading around 4800 (things change rapidly) .... I was asked by a buddy, not too long ago when Bitcoin was staying around 3100, if I thought Bitcoin 1500 or Bitcoin 15000 was more likely - I answered it was equal chance and that both could happen.

Well.... the big big money seems to have made up their mind (Bitcoin at this point can be easily manipulated by multi billion dollar moves)...15 billion of its 83 billion dollar market cap was traded. Oh...this spike and whatever comes next...in the next hours or days or perhaps weeks - will largely be the stress test for the new "stable coins" pegged at the US Dollar. In nearly all circumstances...these stable coins are backed by LARGE investment companies. The stable coins are a new phenomena....in crypto trading largely and this is a first big test. EVERY major coin is up the last 24 hours in cash value.

This spike (which is what it could be) came almost at the very moment Bitcoin was set to go below EXACTLY 50.0% of the total market cap of all cryptocurrencies. The rally has put that number back at 51.8% - so.. all the move could be nothing more than big money defending the 50% line and the concept of Bitcoin as a store of value...... BTW...there are over 2130 "coins and tokens" right now on https://coinmarketcap.com/all/views/all/

The technology of these blockchain coins have come a long way - I'd estimate at least 100 of these coins have real potential to have a real product and clients who want to use their blockchain technology. They aren't hard to find...using the link above they have self sorted themselves largely....finding the needle in the haystack is still possible (easily too). (I shit you not I had a coin go up 75% the other day that I owned.) But you have to do your homework.

So...let me declare today that 15000 is more likely than 1500. And...it's time to get in.

https://www.coinbase.com/join/52570ca75308dda35e000033 - Use this link... buy 100 dollars of Bitcoin within 90 days...and you and I get 10 dollars of FREE Bitcoin... (You will also have a link when you join for others to use btw.)
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Hey Bit-Stew Reader

SPRING IS COMING... AND SPRING BREAK

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 2018 is totally legit and you are going to have to identify yourself, and verify yourself, to buy OR to "mine" Bitcoin, it's part of what is called KYC (know your customer and the banks must comply) ............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 - to have an account you must provide identity confirmation (KYC) . 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, - Genesis-Mining...... they are a long running mining farm with low electricity costs - and over 1,500,000 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 (there are minimums) .... 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 you have and know the basics...it's up to you.
THIS BLOG WAS VERY PROUDLY BANNED FROM THE INTERNET FOR 115 DAYS IN 2013-2014 - RETURNED AFTER 9 REQUESTS FOR REVIEW - NOW YOU KNOW - (UPDATE) IN MAY 2015 THIS BLOG WAS AGAIN WARNED.... AND CONSEQUENTLY DROPPED GOOGLE ADSENSE.... READ AND ENJOY THE BARFSTEW WHILE IT IS STILL FRESH IN THE POT AND NOT ON THE INTERNET ARCHIVE..... BECAUSE BARFSTEW BITCOIN IS A DANGEROUS BREW.

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