IS THE PEOPLES CURRENCY REVOLUTION AT HAND? (IT COULD BE) WILL EARLY ADOPTERS REAP UNTOLD RICHES? (MANY ALREADY HAVE) OR WILL FRAUD - AND THE POWERS THAT BE - (YEP, CERTAINLY THE ENEMIES) CRASH CRYPTOCURRENCIES TO ZERO? (IT COULD JUST HAPPEN)

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Wednesday, January 14, 2015

The Bitcoin Crash Of 2015

It's becoming a phenomena and feeding on itself.... of course Bitcoin, The Barf, The Stew and the Winners is talking about the collapse in Bitcoin prices... fueled by who knows what... some say the ROI for the miners of Bitcoin is not enough to support the coin (wouldn't that suggest the price will SPIKE HUGELY when demand returns to normal?).... others say the cashing in of all the Christmas coins... all of them might be a tipping point... some are saying that it could drop to 85... the point it took off for the sky in pricing... or  even   50.

In the meantime... the entire CryptoCurrency marketplace may need a `reserve currency' ready to pick up the slack (Paycoins perfect timing?) .... (no way right? wouldn't it be a coin with MUCH larger available coinage?) -- maybe Stellar will go to the STARS? (Moving hugely since the collapse... coins with value, real value will buck the collapse in general.) And of course, all of this could be due to Bitcoin's usage as a commodity by some in the richer element of society... which is seeing a HUGE collapse in some of their commodity holdings... so why NOT sell Bitcoin (to them)..... BTW, I BOUGHT at Coinbase today my largest purchase ever (0.12) at 186 - IMO, the bounce (to 400?) could be only days away.

CNBC Link On Today's Collapse
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Barfstars Be Brave

Thursday, January 8, 2015

Paycoin - The Rage And The Fade

As always I will try to share the best of what I find when looking into the Cryptocurrency phenomena.... a phenomena reminiscent of the wild west with claims to match any tall tale of yesteryear. Paycoin is just such an example and I have a very good Review From Reddit of who is behind the coin and whether or not fraud was involved in the pre-sale hyping of the `20 dollar' coin..... IF this is all new to you then I know you haven't been a trader at the exchanges in a few weeks as PAYCOIN has dominated the exchanges in all ways... including being raked over the coals in the troll boxes. Again, post after post could be done about this multi week affair... so, just read the recap above.
Yes, I've traded it once, weeks after the 20 dollar price and well after the 10 dollar price...etc... look at the low I bought and sold it at.... (shows pride)
2015-01-03 15:33:26 Sell 0.01299997 0.04259733 0.00055376
2015-01-03 11:10:53 Buy 0.01000007 0.04259733 0.00042598
All part of Dental Floss Tycooning
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Bitcoin News
Bitcoin Price
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As most of you reading this know... the Bitcoin has taken a serious hit in price immediately following the Christmas shopping season and similar to the beginning of the nosedive in prices a year ago (could it be that the small merchants that started to take Bitcoin at Christmas and who were holding on decided to dump when prices headed south?).... indeed the article I'm positioning in today's Barfstew is a sophisticated analysis of the Bitcoin charts and the picture isn't rosy.... or is it? (the article even reminds of the 85 dollar price when the surge began).. but, interestingly, the same post Bitcoin Prices The Year Ahead did have some interesting quotes I bring to you below out of context:

Many in the Bitcoin space are now saying that the only way it can succeed is if it embraces the current financial system and integrates, while the original Bitcoin fans want nothing of the sort. This is causing a bit of a rift within the community and the tide will sway based on the health of the fiat financial system. This is where the real prediction needs to be accurate since nothing in the blockchain world happens in isolation and it is still dependent on the global landscape.
So here it is, the best hope Bitcoin has to actually hit the moon as far as price goes is for a complete meltdown in the European Banking system, which looks like something which is bound to happen by Q4 2015. It’s tempting to say the United States financial system will break but compared to the rest of the world it is actually in far superior shape. With the US Dollar reaching all-time highs it can start to bring devastation to the rest of the world, especially to those who decided to issue dollar-denominated debt. Bitcoin will be a major beneficiary as global capital flow begins to move to the United States. If a respective government attempts to fight this capital flight, Bitcoin will be an attractive alternative – not only as a means to move money cross boarders, but also as a store of value that cannot be confiscated by broke governments.
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The article above is well worth your read.
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The recent plunge in Bitcoin prices has some of the supporters taking to the social media... Like This just a cheaper price to buy in at prior to the Euro crisis? How about a GREEK `coin' solution?
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You've seen the ads - now know a bit more about A-Ads.Com.... at this bitcointalk.com forum link... as you can see and read.. this is a legit company doing business in BITCOIN.... Indeed, I've recently ran a 7 day advertising campaign with them (0.007 btc) and am quite satisfied with the many clicks I got to one of my other blogging efforts.

Indeed, actually,  I'm playing BOTH sides of the A-Ads.com phenomena - because you can also find THEIR ads right here - on OUR PAGE right here (and for placing that ad box here I get compensated in bitcoin for each pageview). Obviously most of the ads will be for `bitcoin' related `things'... from gambling websites to others including mining....which I will also address soon. 

Indeed, I've already in just a few days received multiple payouts at the minimum levels and other preset higher levels (earning my own ad investment back pretty soon).... it's very neat to everyday see a little deposit into one of my bitcoin exchange addresses for trading.

So, if you have a website and I know that many of you do - it's real easy to sign up... and to make the easy addition to your webpage one of the banners you chose or make. (you will, of course, need to have a deposit Bitcoin wallet for them to send the Bitcoin to) Then, you simply sit back and let them pay you for each pageview based on their stats for your page (which seen very legit too).
So, as you see above - I've provided the best non-biased look at A-Ads.Com for you to make an honest evaluation about their service and the fit for your blog or website.

Sign Up Here
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Let's make this a regular thing
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One of those `mining' sites tomorrow

Friday, January 2, 2015

To The Bitcoin Bin

I've tried and tried to scratch the surface of all the Bitcoin links I've saved and read over the last few months ... hopefully some will end up in today's posting. Expect more posts in 2015 and get ready for the ride.
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Bitcoin Bin
security issues abound in the wild west - but, this one, seems more scam by client than anything Cryptsy does
IMO, third world countries could greatly benefit from a new reserve currency alternative
slowly and surely the direction continues to the mainstream

become a miner - for twenty dollars
`money for nothin.... and chicks for free'
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Below is a story about California Coin.... a dead coin that in the wild west days of Bitcoin trading... is a living dead coin... a zombie.. that as you will read can go up 900% or more on nothing more than a whim of someone. 
CaliforniaCoin
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That's today's installment - dig into the archive.
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