ETHEREUM Pushes Past 340.00 On Coinbase - Next 1,000.00 Coin?

The value rise of the Ethereum coin has been what many early adopters use as their stake in the CryptoCurrency markets... myself for one. The coin with seemingly unlimited power at a most opportune time - and with a growing fleet of tokens dependent on it for their good fortune. Use the Ethereum tag on TCR for more info in the news links.
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Now, more important than ever - some Crypto news links:

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As the banner of TCR states - fraud and the powers that be can bring everything to a crash...and while the ripoffs might be slightly less than before - here's another complaint about OK Coin loosing someones coins (via NOT responding to validation requests for identity) - as reported last post - Poloniex too is overwhelmed with people seeking to get in on the Bitcoin explosion - growing pains is much more likely than fraud. The Reddit user who brought this to everyone's attention with proof via screen shots about some shady moves with his account - his received a call from OK.

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As you know...the media didn't tell you to buy Bitcoin at 10 bucks, or 50, or 100, or even at 500 or 1000 - they will never tell you to buy as it's value approaches 3,000 - is this a bubble? Or, does this analyst absolutely nail the four reasons it isn't.

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You need to own some Bitcoin. Seriously. I have made a website to guide you step by step - I named it Obtaining Bitcoin - it explains how to mine Bitcoin and where to buy Bitcoin.

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A few months ago...Bitcoin's dominance in the Crypto field was 80% - now it's under 50% - is the flock to the "alts" - do to the Block Size Debate in Bitcoin? (I doubt it...it's called big money re-evaluating the value of the technology...and money needing an entry point.)

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If you are wondering where the price of coins such as Ethereum goes from here - Here's the Charts And Analysis.

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And....yes...the dream is still quite alive that Bitcoin at 1,000,000.00 Will Become A Reality - no matter what price you get in at...buy some...heck buy 20 bucks a week and you'll own a dime of Bitcoin before summers end perhaps.

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Expect More Updates

Now Go Buy Some Bitcoin

65% `Not At All Familiar' With Bitcoin - Google Tracking Study For Coin Center

Today's Bitcoin Lead

It's an interesting read on what the current understanding levels are for America.... sad... but a start... what's sad is that about 13% want the Government to BAN it... and only 16% or so want the Government to keep hands off. Read the news about Bitcoin Awareness Here. It would be interesting to know the demographic breakdown and other data right? Here you go.. and the consumer image of Bitcoin is Not Good and words 

associated with it include fraud and crime - the goal is to move the circles to the upper right.... a long way to go IMO.
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Bitcoin Spew

The Reddhead newsletter had a great history lesson about Bitcoin as Reddcoin celebrated it's first birthday in February.

Happy 1st Birthday Reddcoin!

This week Reddcoin turned 1 year old and members of Reddcointalk and the Reddcoin subreddit lined up to offer their best wishes to the infant cryptocurrency.

With the amount of development work that has gone into the project it is quite easy to forget how very young Reddcoin is. To put things in perspective it is worth taking a quick look at a couple of other currencies, starting with Bitcoin.

Bitcoin - 1st birthday 3 January 2010

Although the Bitcoin Whitepaper was published by Satoshi Nakamoto on 31 October 2008, it was not until 3 January 2009 that the first block of the blockchain - the genesis block - was mined by Satoshi. The first Bitcoin transaction took place on 12 January 2009, between Satoshi Nakamoto and American cryptographer Hal Finney.

On 5 October 2009 the first Bitcoin exchange rate was published byNew Liberty Standard. By calculating the cost of electricity used to generate Bitcoins the rate was set at $1 per 1,309 BTC, making 1 Bitcoin worth less than a tenth of a cent.

On 10 October 2009 the first online chat was set up for Bitcoin when the Bitcoin-dev channel was registered on freenode IRC. Over the course of 2009, before Bitcoin became 1 year old, versions 0.1 and 0.2 of the Bitcoin wallet were released.

And besides the above, nothing much happened. Of course Bitcoin was a new concept that no-one knew about, but it is still striking to see how it all began. To push the point home, the famous 10,000 BTC pizza was not bought until Bitcoin was nearly one and a half, on 22 May 2010!

Euro - 1st birthday 1 January 1999

The Euro was launched on 1 January 1999 in non-physical form (travellers cheques, electronic transfers, banking, etc.) at midnight. At the time of launch the national currencies of participating countries had their exchange rates fixed to one another, as a way to implement unified monetary policy. The Euro did not actually get its own physical notes and coins until three years later, on 1 January 2002.

It appears that even a fiat currency like the Euro was not immune to what cryptocurrency enthusiasts would refer to as a “pump and dump”. Buoyed by high expectations and plenty of optimistic expert opinion, on the first day of trading (5 January) the Euro climbed to US$1.19 as it was rapidly adopted by traders. However the Euro dropped to parity with the dollar by the end of the year, a 16% drop in value that may not seem much compared with cryptocurrency... but it was enough to spur emergency action from the G7 to set up support for the European currency in 2001.

Reddcoin - 1st birthday / public release 2 February 2014

Reddcoin was launched at a time when the cryptocurrency scene was blooming following the huge mainstream attention paid to Bitcoin at the end of 2013. One year on and the majority of the diverse cryptocurrency projects set in motion in 2014 have faded away and been resigned to crypto-history.

Thanks to its team and dedicated community Reddcoin is one of the few projects that continues to forge ahead with innovation and promise for the future.

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More Soon