Fifty Buck Dental Floss Tycooning - Part Two

This is the on-going account of the approximately 50 USD (via Bitcoin for trading 0.15 Bitcoin when begun) trading account in virtual currencies - offered at Bittrex. All readings 11/7/14 @6pm.

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Today's Patter

As you have read, the first moves into this exchange was just a few days ago to acquire a portfolio heavy in the `marijuana names' before the election - assuming a general win for pot. The Coin result was mixed but one Coin - the SativaCoin - has been tanking nearly the entire time due to low trading volume and folks getting out at any price. I guess I will find out what happens when one owns such a Coin. Perhaps. (as trading volume has picked up, perhaps saving it in the exchange). Still can't find a price to get back into ExclusiveCoin (sold out at profit already).

Now, to make it easy for myself - I've been buying a Coin in amounts of either 0.01, 0.005, or 0.0025 Bitcoin value. That way, I can generally easily know where I stand with a Coin since the investment. Understand the even the 0.01 BTC is worth only 3.50 USD or so (when I started). IF that is understandable - here's what the Dental Floss Tycoon Coin Portfolio looks like right now.

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The starting 0.157 BTC

is now

0.140 BTC

OWN THESE

@ values shown - @# of Coins

ReddCoin - 0.099 - 76K

NobleCoin - 0.0023 - 19K

UFOCoin - 0.0014 - 16K

PotCoin - 0.013 - 2K

CraigsCoin - 0.0025 - 1.4K

NavajoCoin - 0.052 - 1.3K

GanjaCoin - 0.003 - 500 

(0.05start + sold additional 0.05 at loss)

CannabisCoin - 0.094 - 400

(doubled up today from 200 coins)

Solar Coin - 0.80 - 400 (1/2 for sale)

VertCoin - 0.011 - 60

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OWN- 100%UP FOR TRADE

SativaCoin - 0.0053 (0.01 start) - 15K

CheckCoin - 0.0029 (0.005 start) - 200

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BITCOIN - DRY POWDER

0.066

0.017 (in reserve for active buys/BIDS)

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ACTIVE BIDS INCLUDE

ShadowCashCoin

GamerCoin

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0.49 true dry powder

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today's purchases included

NobleCoin*

NavajoCoin*

VertCoin (re bought for trade - new cycle)

ReddCoin (doubled up)

CannabisCoin (doubled up)

*first time ever was today

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All you need is some peoples currency - Bitcoin - to begin to have the same kind of fun. Buy Your First Bitcoin Here Via Coinbase. (this is where I bought my first and store 0.15 outside of my trading account). I add tiny amounts to Coinbase regularly.

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Remember, if you sign up for the FREE Bitcoin daily - at the links on this page - remember to use BS in your member name to let me know how you got there.

Bitcoin Stuff

Today's post will mainly be links that I've run across or used on this excursion into Bitcoin and related currencies. But, the first update is that 0.157 Bitcoin Value in the Dental Floss Tycoon account is 0.139 value as the hoped for BOOM in the `pot coin' names after the legalization voting on November 4th didn't occur. That said, they did come back some yesterday and I haven't dumped the position much at all yet. And indeed, the PotCoin is actually UP fairly significantly. Must be the strange names like Ganja that spooked the crowd. I did sell at a profit most of my position in ExclusiveCoin (something I will definitely follow closely). I'll review more of that and more in detail in an upcoming post.

The first indications are that the shift to Bitcoin coverage is going well - with more direct usage of those posts than usual (being shared?). Obviously I am offering the old Barfstew format and the new BS Gallery format so that does cover some bases too. Sadly, so far, only 5 of you have been smart enough to sign up for the FREE Bitcoins - Daily..... I know that it is strange for a business plan to begin with giving away money.
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Here's some of those links of interest.
Brave New Coin is great for a quick look at the top Digital Currencies Market Caps And Prices, AND - they cover nearly daily the stories happening about Bitcoin - such as:
The World's First `Carbon-Offset' Currency indeed, as I've already noted with the literal EXPLOSION of BRAND named coins - from the pot category to colors to .... yes The UFO Coin for the advancement of understanding UFOlogy..... yes, the marketplace is ENDLESS for this type of segmentation to drain the natural government monies. Other recent stories include how the UK is reaching out to the Bitcoin community as it sets up it's regulations on digital currencies. UK Reachout. You can find many more important stories at Brave New Coin so be sure to bookmark that one.
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More links:
Bittrex - is where I am having fun being a Dental Floss Tycoon - easy to use website is nearly self intuitive even for a novice trader. (like myself). One of the busier exchanges.

CoinMarket Cap  is another excellent website currently following over 540 currency values including the less known ones like KarmaCoin.

CryptoCoin Charts - amazing database - brokerage.
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More to update but let's get this up first.

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

Happy Halloween - Moola Vanishes, Literally

The Journey into Bitcoin will continue but a bit of today's news and the highlighting of folks losing their Bitcoins to underfunded or serious fraud in an unregulated wild west - as Moola goes under with 4000 bitcoins missing in action.

http://bravenewcoin.com/assets/Uploads/_resampled/CroppedImage322348-moolah-bankrupt.png

And the tangled web of who knows what is found Here it's a story worth reading as to how well or should I say NOT well folks think they know others in Cryptocurrencies.

=======================more updates soon=====

So, I thought I'd end today by going to one of the stat things on this blog for some demos - to get a guage on what they look like as the transition takes place.

	< 18	13%
	18-24	8%
	25-34	13%
	35-44	28%
	45-54	18%
	55-64	17%
	65+	4%

	Republican	29%
	Democrat	17%
	Independent	54%

	$0-50k	57%
	$50-100k	30%
	$100-150k	7%
	$150k+	6%

	No College	33%
	College	48%
	Grad School	19%

Male	93%
	Female	7%

	Caucasian	77%
	African American	4%
	Asian	3%
	Hispanic	15%
	Other	2% So, in summary - educated white guys over 35 who as slackers on income reject the two main political parties

Dogecoin And Onward - Where Is Satoshibet?

As you were left a few days ago - I had just bought some Dogecoin (folks laugh upon hearing the name BTW) and was diversifying into other crypto-currencies. I proceeded to do so by buying ScotCoin, BlackCoin, KarmaCoin and a couple of others - via trading my Bitcoin that I transferred from Coinbase to Coins-e; ending up with over 130K Karma coins for pennies.

I've since discovered a few things since my last post only a couple days ago - first, the number of trading exchanges is numerous and Coins-e only traded a few currencies in comparison to others - and traded at a much lower volume than other places. It's a lot an information game at this point I believe - as at one exchange I saw Dogecoin being bought and sold for a `rate' of 63 and bought and sold on Coins-e for 72. Obviously, one could make money simply having accounts in both websites and trading back and forth. Quite curious.

Even more curious was what occurred today AFTER a ruling that could certainly be seen as a blow to the diversity of the handling of Bitcoin and other currencies. Anyway, before the ruling details..... I went to  Satoshibet - a place I've had (still have probably) banners for as a place for secure private internet gambling. Indeed over 400 were there as part of my links. .... Anyway.... I've pulled some of their banners simply on the statement that SLAPS you in the face IF you live in the USA when you go to the website as of TODAY - as you can see if you are from the USA - Satoshibet now restricts your usage of the website (good luck at getting your bitcoins) - certainly a buyer beware situation. As is virtual currencies evidently.

Now - onto the ruling explained here by:

FinCEN Stifles Bitcoin Adoption; Reinforces Legacy Banking Systems

Posted by B.Holmes on 29 October 2014 | Comments

“FinCEN’s mission is to safeguard the financial system from illicit use and combat money laundering and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use of financial authorities.”

- FinCEN.gov

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The new guidances (FIN201-R011 and R2012-FIN-2014) advise that under US law, virtual currency exchanges and payment processors may be considered as money transmitters under the Bank Secrecy Act (BSA).

Applying for a money transmitter license (MTL) is an expensive and lengthy process. According toGrimes Law PLLC, to conduct business on a national level, the application fees alone will come to just under $7 million USD, creating a high barrier to entry and limited competition. Businesses such as Bitpay, which has applied for an MTL in Georgia, will possibly suffer extraneous fees. This in turn is creating great concern and cause for debate in the Bitcoin community.

The article offers a range of opinions about the ruling making the hurdle to do exchanges with transferring Bitcoin and others coins - it seems the buy-in price to do so is at least 7 million as you see above. Something that would probably mean many of the smaller exchanges and such will be out of business if this is enforced IMO. That said, as one Reddit user does in the article above - AFTER the shake-out, which happens in any business model - the strong IMO will indeed survive and this will be a blip perhaps. That said, the many who will lose value when various exchanges can't put up millions will certainly create more badwill and avoidance. 

The article begins by calling the ruling that applies an outlier to the world view on things like this.

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You will notice the continuing change in The BS's format and look I hope. Those looking for THE BARFSTEW - The direct link is in the post below.

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Next Up

switching exchanges

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Free Bitcoin And Other Virtual Wallets

Journey Into Bitcoin

Hello Barfstars - have you signed up yet for your FREE daily Bitcoin on the various links on this blog? Some have already - don't be dumb and miss this.
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So, I had promised myself that IF Bitcoin ever came down to under 600 that I'd buy a piece of Bitcoin - simply to have some to own (yes, a bit for the SHTF basis). Now, understand that EACH and every bitcoin is dividable by upwards of 250 million bits. But - of course - most places that sell Bitcoin want you to buy at least 0.001 (yeah, that's about 36 cents at today's prices). So, when the priced dipped to 593 on Aug 8th - I bought 0.05 worth of Bitcoin - about 30 bucks worth. At Coinbase (an excellent choice).

Laughably, as far as an `investment' it then became a falling sword ... of which I lowered my average price by buying about 4 cents worth a Bitcoin every two weeks - buying at 523 next, then 473, 401, 363, 381, 384, and 358 a few days ago. As you see, by my third purchase the price was already under 500 - and it was then that I started following other virtual digital currencies and their marketing efforts and prices. Easily learning that despite the large decline in Bitcoin prices - that others of the nearly 450 cryptocurrencies - were UP HUGELY and over the exact same time frame.

As it turns out there are a lot of `exchanges' - just like there are stock exchanges - and it really turns out that when you are `buying' `things' (the coins) of virtual value - worth fractions of a cent each - you become the ultimate `penny stock' player - I called it `Dental Floss Tycoon' in honor of Zappa. So, I exchanged 0.10 of Bitcoin when my total had reached 0.20 Bitcoin in the Coinbase `wallet'. And I sent it (easily done) to Coins-E where in short order it - the Bitcoin - arrived into my account (I think it took an hour or something like that).

What to buy, what to buy - that Dogecoin looked good - so I brought about 0.06 bitcoin of Dogecoin.... and more and more as the ratio of the value of Dogecoin got even worse (in value ratio in comparison to Bitcoin) - as a consequence - spending even the same amount of Bitcoin would `buy' an even greater quantity of Dogecoin. I bought my first Dogecoin at a value of 0.00039 US dollars per coin - ..... ready for a laugh... the First Day it went down to 0.00031 USD... while Bitcoin maintained (more or less) it's value.

There's a lot more to my Dogecoin story and the on-going nature of what this blog will become... that soon.
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The BS Gallery Can Now Be Found Here

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Why not get some FREE Bitcoin and start the adventure from there?

And, They Increase The Amount Given Daily Too

“I Am Sorry, We No Longer Accept Cash”

Hello BarfSTARS - (someone, indeed more than one someone - was smart enough to Provide Their E-Mail To Receive DAILY Bitcoin And Other Virtual Coins - Automatically) wo-ho, when will  all of you will sign up... well? The BS does not send you to a hell hole ever - only good things.
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Anyway, so today's headline comes from this posting of which is an extensive outtake below: Sorry We Don't Take Cash

Hmm

"I am sorry, we no longer accept cash" - Bank Teller, Chase Bank in San Diego

Ummm...excuse me? Perhaps there is some mistake and I had walked into the Chipotle next door. As I stood there trying to make a deposit, the bank teller notified me that as of February, Chase bank had a new policy that they would no longer accept cash deposits into someone else's account. Even a few weeks later, I am still trying to wrap my head around this concept. Banks….don’t...accept….cash?

This wasn’t my first negative experience with a bank for the day. I had walked into my local Credit Union at 3:30pm and requested to complete a wire transfer. They informed me that it was past the deadline for that day, I would have to come back tomorrow. In an attempt to avoid spending more time at the bank, I asked if I could do all the paperwork and have it go out tomorrow. “No, you can’t do that. We don’t have the systems in place for that. You will have to just come back tomorrow”. "Tomorrow" was actually Saturday so I would really have to come back on Monday.

Annoyed, I decided I would just go make a cash deposit. Easy, right? Wrong. There was a line of 10 people to see the bank teller so I figured I would just go to the ATM. The transaction I needed to complete was for $1,100 but I was notified at the ATM of my withdrawal limit of $500 per day so, back inside. After 20 minutes of waiting in line, I was finally able to access my money after filling out a piece of paper. And with this accomplished, I was finally on my way to Chase bank.

It’s 2014, are we really still using pieces of paper?

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That first link has the rest of the story.

The BS is in transition - please check out the new links.

Your support is appreciated.

Devils Wheel

Already a Barfsters favorite:

Drunk Chicks Play Devil Wheel

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I rode the devils wheel many years ago in Geauga Lake in Ohio.

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From Smartest To Dumbest?
(the evolution question)

Those Stupid Turks - Right?
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Yeah, it's the type of graphic that you would NEVER see in the good old USA MSM - EVER.
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News not found on your local channels
Crusted Bits Of BS
Cop Retaliate Against `Cop Watch' Groups
label them as domestic terrorists
BS Survey Says - 6% Of Dreams Are Nightmares
true crappola sample of 25 - oh, the blind have more `nightmares'
And, Being DEAD Means `Living Conscious' For Up To 3 Minutes Says Survey

The Above Article Found Here
all kinds of non-ordinary stuff
18% Of LONG Term Unemployed Have ADVANCED Degrees
a bit different than that line we are fed about needing to import smart folks from abroad
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Sick, Slippery Slope Stuff The MSM Avoids
Warning - Turn Around If This Happens To You

Supposedly Died From This event
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The BS Entertains

Dear Lord
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Must Be Time For The BS Gallery?
3,1,4,2?
She Knows
Lovely Lizzy Indeed
Pokies, Panties
Model? Hooters Girl? Or.... Pole Grinder?
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Entertained Yet?
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Final Squidoo Salutes
2007 - The Buddhist Monk Is Alive
well, not actually - but is supposedly the FIRST person to ever be known to NOT decompose.
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Hey, why not donate a few bucks - show your support - and get that Chemtrails bumper sticker for `free'?

Lamborghini Driving Dubai Police To Use Google Glass To ID `Crooks'

The `we must give our police the best tools' movement knows no limits - the visionware will be linked to databases of faces of crooks and when a cop would see such a person walking around or encounters them - they get tipped off for an easy arrest. Using It On Car Licenses First To Break Public In to the notion of your face being compared to databases without your consent. What slippery slope? You have something to hide?
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The ATT Militarized Police Force Will Need Such Protection

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The BS does the slippery slope coverage the MSM would rather not talk about.

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A one in 39 chance of hitting a deer in West Virginia IN THE NEXT THREE MONTHS

Enlarge Here

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Crusted Bits Of BS
too icky for the MSM and your local news

Too Many Lawyers And Too Few Jobs
and just wait til the bust of the pot aspect of the prison industry

The Range Of % - BY SEX - For Various Occupations

Pre-K teachers 97.7 Females, Boilermakers 99.8% Males

Hated By Feminists Everywhere

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Using This Chart - German Women Are The 12th Best Looking

The Devils Wheel

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The BS Entertains

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The BS Gallery

A Free Spirit Forever

Female Athletes

Train Voyeur Series - Bingo

And, For The Pervert In You

Evil Milk

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WHAT?
420?

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the bs has featured vibrating panties so it's only natural that

Eforcase Soft Silicone Vibrating Condom, 4.5 inches Penis Sleeve Crystal Rubber Sleeve Penis Extensions Silicone Extender Boosts Glans Penis Cock-ring /Penis Ring Sleeve

Price:

$4.20 & FREE Shipping Vibrating condom Edorcase By Joshua Perez on September 9, 2014 Verified Purchase Definitely loved this vibrating condom, my parter loved it as it added some girth and the vibration is good to add some extra pleasure, would highly recommend, very durable and reusable just rinse with soap and water and ready for use again, great for people trying to prevent kids without having to take birth control, something I will be using regularly and for the price it's definitely a steal. Thank you for a great product.

Look Interesting?

Then click the picture BELOW

amazon product

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Your engagement pays back the BS, do your part today.

Scotland Equals Texas

What the powers that be ultimately fear in the vote for independence in Scotland.... isn't that other minor players in the European stage decide to do the same thing .... that is small potatoes.... the unspoken fear is that TEXAS may do the same thing and take a few additional states with it. Seriously.
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that alien talking politics takes you to my author page

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Crusted BS Bits

Hemp Nanosheets

the miracle marijuana plant

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I found a big big time waster for you today - very interesting content below and digging into the website.

Today's ParaNormal Site - Triangle UFO Over Germany

And, Rather Freaky Was Caught With MY UFO Content

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See Lots Of UFO Pictures Here

my new prescence on HubPages

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Squidoo Classics - 2009

The Day A Dog Fell From The Sky - True Story

grabbed by an owl, great story

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Ultimate Bucket Challenge?

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The BS Entertains

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MSM Sleaze

And, with 4 million views, the twins that share Everything.

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Thanks For Barfing Today

A Mix Of BS Links Today

This summary is not available. Please click here to view the post.

MSM - The `Agitators' Not From Ferguson

FERGUSON POPULATION

21,135

LINK TO DATA

GREATER ST.LOUIS POPULATION

2,900,605

LINK TO DATA

Much like the protests anywhere, the media makes it seem like NO ONE from the surrounding community would/should protest injustice. Like somehow being NOT from Ferguson is BAD. Ferguson is less than 1% of the Greater St. Louis population, the arrests if anything have been HEAVY with Ferguson arrests, but, the MSM makes it seem different than the reality.

Just one of the endless ways the MSM distorts before simply cleaning their hands of the BS.
Here AOL News Acts Like 7 Out Of 163 Arrested Is Out Of Line

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In Other Crusted Bits Of BS

Perils Of Women 18-24 Reading Fifty Shades Of Grey

Compared to participants who didn’t read the book, those who read the first “Fifty Shades” novel were 25 percent more likely to have a partner who yelled or swore at them; 34 percent more likely to have a partner who demonstrated stalking tendencies; and more than 75 percent more likely to have used diet aids or fasted for more than 24 hours.

Those who read all three books in the series were 65 percent more likely than nonreaders to binge drink – or drink five or more drinks on a single occasion on six or more days per month – and 63 percent more likely to have five or more intercourse partners during their lifetime.

- See more at: http://msutoday.msu.edu/news/2014/reading-fifty-shades-linked-to-unhealthy-behaviors/#sthash.e0fg8eK5.dpuf

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(excerpt)

Foley Family Released ISIS E-Mail

You have no motivation to deal with the Muslims except with the language of force, a language you were given in "Arabic translation" when you attempted to occupy the land of Iraq!
Now you return to bomb the Muslims of Iraq once again, this time resorting to Arial attacks and "proxy armies", all the while cowardly shying away from a face-to-face confrontation!

Today our swords are unsheathed towards you, GOVERNMENT AND CITIZENS ALIKE! AND WE WILL NOT STOP UNTILL WE QUENCH OUR THIRST FOR YOUR BLOOD.

You do not spare our weak, elderly, women or children so we will NOT spare yours!

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Meanwhile

http://i.imgur.com/SPCff1N.gif

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Gamble On The Internet For FREE Or Virtual Currency

(try out the one green zero roulette table)