Most Recent Buys And Sells

In many respects this blog will be an on-going diary of my moves and understanding of the Virtual Currency Marketplace

Most Recent Buys 

Bought 25K ReddCoin at 0.00000010 (11/13) 0.025 BTC

Bought 675 RETKCoin at 0.00000370 (11/12)  0.025 BTC

Bought 160 ExclusiveCoin at 0.00001615 (11/12) 0.025 BTC

Bought 60 QuickSilverCoin at 0.00004200 (11/12) 0.025 BTC

Comment

I continued my uninterrupted buying of Reddit's coin at the new lowest price yet - lowering/averaging my other buys at 13,12, and 11. I discovered RETK coin and will use it as a trade coin as I've already done with Exclusive coin - previously buying and the selling it for a profit. Finally, an `expensive' buy with QuickSilver which I will also use as a trade coin most likely.

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Some of the links below - might be of interest?

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

The Let's Get High Coins

No, there's not a let's get high coin.... yet.... but there are a number of ones that have sprung out of the Earth in the last few weeks and months.... as Barfstars know.... (I've detailed my `investment' in some of the coins). So, I'd like to make the info a bit more fragrant and mature.... including my impression of their seriousness in their positioning statements and goals.

Below Info From Here - COINMARKETCAP

PotCoin

$ 388,551 - 50th place

MARKET CAP

$ 0.002400

VALUE IN USD

161,912,580

NUMBER AVAILABLE

WEBSITE - The Official Coin Of The Cannabis Community

Merchants

40 Merchants On Page Including Vaporizer Companies Etc

Merchants are welcome here. Apply now and start accepting PotCoin. Whether you are an online retailer or have a storefront, if you are in the Cannabis industry you will benefit from the competitive advantage PotCoin provides. Learn more and apply now...

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According to the charts at CoinMarketCap - PotCoin began @Feb 10th, 2014, peaked in Marketcap about July 4th @ 1.8Million

A LONG declining value trend may have been broken about Oct. 10th.

Currently I am HOLDING onto about 0.01 bitcoin and selling 0.005 bitcoin worth of PotCoin. The chart makes you have to have faith in the development of the retail marijuana market to hang with it. Obviously it would/could be interesting as merchants acquire this `currency'. 

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CannabisCoin

$ 614,395 - 35th Place

MARKET CAP

$ 0.009088

VALUE IN USD

67,603,945

NUMBER AVAILABLE

CANNABIS.NET - BACKED BY MEDICAL MARIJUANA

(LEADING THE YES WE CANN MOVEMENT)

This coin seemed to begin about August 1st, 2014 - and had a HUGE move up spike peak about Oct. 20th with over a 5 million USD Marketcap, with an equally sharp decline, returning to mid August levels and may just be finding it's legs and bottom. So, PotCoin is positioning legal-retail, Cannabis coin is taking the MM positioning initially.

While COURTING merchants, none are listed. The site does position smoking at 4:20 PM and such content - going for the regular smoker too. Currently I'm holding about 380 coins and selling none.

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GanjaCoin 

$ 1,673 - 421ST

MARKET CAP

$ 0.000769

VALUE IN USD

2,177,252

NUMBER AVAILABLE

GanjaCoin Website

(Looking to be coin of Europe Legal Shops)

The GanjaCoin began about Oct 23rd near the PEAK of it's MarketCap around 12K - the market completely collapsed today (11/10) - my first investment to be completely vanished. I transfered all my GanjaCoins to Bluetrade in hopes of finding another market. At this price I will keep rather than throw them away away. Perhaps the big splash will comeback but I doubt it. LEARNED - Emotional buys at introductions is a bad idea..... lol. Oh, at bitcointalk... the developer of this coin RE-appeared and assured the public this was still a viable coin.... the Coin respiked in price from the dead - glad I hung onto it.

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There's more and others - dig into the virtual coin revolution.

New links are in the sidebar as I continue the transformation of BarfStew. Now called BIT BARF - you did notice right?