BIT BARF - TODAY'S BITCOIN AND DIGITAL CURRENCY - STEW

11/12/14 - As you can see via the sidebar - Bitcoin and indeed nearly all Digital Currencies are having a very good day... Bitcoin has rebounded from the low 300's within the past week to well over 420 today. Indeed, one of the fun things about Dental Floss Tycooning is that your currencies may be worth more or less than the BTC value and STILL BE WORTH more USD..... the BTC replacing the USD in essence.

All that said, this Analyst a stock trading pro with all kinds of graphics about trends... says the trendline UNLESS it stays above 420 (HMM) isn't good... looks like we covered that short term rally he says was possible in his analysis about THIS week. That said, I'd say the digital currency market is NOT exactly like the stock market and that the `currencies' have a MUCH shorter `memory' of pattern... let's say. Indeed, I'm finding slowly what works.... seemingly... and just on general marketing terms a few things can be said...... have a coin with a good positioning AND a built in potential `retailish' marketplace of those interested in the NAME or concept.

For example, REDDCoin has the built in audience of REDDIT users.... destin to go up in size and enthusiastic and Bitcoin strong too. Over the long haul.... you will probably do very well with this still CHEAP coin... and one of the FEW that will probably survive that have chosen the MASS `available' market positioning (those currencies with BILLIONS available). (Compare to BTC's 13 million.) The `pot' coins if carefully chosen represent the same idea of a built in retail market and targeted brand users of product.... Compare those names with NOBLECoin.... are you Noble? Are a category of folks identified with being NOBLE... well perhaps... you get my drift... that is how you need to look at this.... IMO.
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@ this moment the Dental Floss Tycoon Account

began with 0.152 (after transfer, including bluetrade set up)

now at 0.123

not all are keeping up with the over 20% daily increase in Bitcoin today.

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More Soon

Fifty Buck - Dental Floss Tycooning

Below - you can see the FUN that you can have with digital currencies, and who knows you might just get lucky buying into what appears to be a SWELLING phenomena. Indeed in just the last few months 100's IF NOT 1,000's of `Virtual Coins' have come into beingness. It's an amazing site as EVERY CONCEIVABLE BRAND NAME is being trotted out onto the stage..... from the `Prism' coins that are colors `BlackCoin, RedCoin, WhiteCoin', etc etc. To the VERY latest fad.... the various names for POT..... you will see below what I mean as I initially invested 0.01 or 0.005 Bitcoin into some of the names in the last day or so on a new exchange I've found and am using (and enjoy more than Coins-e, more action) - anyway see the chart below and then I will follow with some more analysis and comments..... https://qoinpro.com/a90da36b9456a793efb260b71192108c

CURRENCY NAME SYMBOL AVAILABLE BALANCE PENDING DEPOSIT RESERVED EST. BTC VALUE % CHANGE
ReddCoin RDD 38500.00000000 0 0 0.00500500 0.0%
SativaCoin STV 15052.21250000 0 0 0.00842924 -11.1%
ExclusiveCoin EXCL 2320.00000000 0 0 0.02934800 -28.7%
PotCoin POT 2020.00000000 0 0 0.01411980 -3.1%
GanjaCoin GANJA 1000.00000000 0 0 0.01050000 26.7%
SolarCoin SLR 400.00000000 0 0 0.00992400 -8.3%
CheckCoin CKC 226.00000000 0 0 0.00457650 -2.4%
CannabisCoin CANN 172.00000000 0 0 0.00463884 -7.0%
BlackCoin BC 101.73421506 0 0 0.00945111 -4.8%
Vertcoin VTC 60.00000000 0 0 0.00983280 -4.3%
ViaCoin VIA 40.00000000 0 0 0.00704040 1.2%

Bitcoin BTC 0.03433636 0 0 0.03433636 0.0%



As you see, I bought and own 15k SativaCoin, 2k PotCoin, 1k GanjaCoin and 172 CannabisCoin, .... all on my assumption that the upcoming elections could provide yet another boost to legal herb in the USA (certainly DC will pass). And while PotCoin has been around all of a few months - the others are NEW this month, in the last days in some cases.... I haven't even bought all the names available either such as DarkKush.

Kind of like the CNBC phrase `buy the rumor (the election) - sell the news (the outcome)'..... and what would happen if all the legal users started to ...... invest.
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A BIT more,...... as you can see all of my purchases were not related to the Pot brand name - I got and intend to keep the ReddCoin (of Reddit fame), and VertCoin and ViaCoin, to me had interesting `charts' which I'd like to trade upon as does Exclusive coin - which is the first coin I've `loaded' up with (all of about 10 bucks USD) - all of these are recently newly released coins overall.
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The coins got into my Bittrex account via transfers from Coinbase and Coins-e (where I still have ScotCoin and KarmaCoin).... I've listed the Coinbase link for you to use when you buy your first Bitcoin - remember - Coinbase is the one that has a relationship with PayPal. If you ultimately buy 100 USD worth of Bitcoin from Coinbase via my link - you and I get Five USD worth of automatic Bitcoin into our wallets - so, please use it even if you intend to only make a few dollar first purchase of Bitcoin....... the other link I want you to use if ALL THIS is new to you... is the FREE Bitcoin link above from Qoinpro.... that too will help you acquire your first digital/virtual currencies. All you need to use or give to qoinpro is your e-mail and confirm it. Please use my banner above to sign up.
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Portfolio Update Soon

Why not buy some Bitcoin and start the fun?

Or At Least Get The Free Bitcoin