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