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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Sunday, January 25, 2015

A Crypto Analysis By The Reddhead Newsletter

I wanted to bring a passage in the analysis to your attention as it is indeed IMO TRUE and will be looked at more and more as the endless parade of NEW coins come on board and slowly vanish from sight forever... leaving the ones that have some sort of use, some sort of branding, some sort of intrinsic value... and ideally... some level of scarcity. 

Here's the two minute read with lots of good insights as to where crypto-currencies are right now:
Link To Analysis
The mining algorithm that secures Bitcoin has a certain effect on the the value of each Bitcoin: increases in mining difficulty lead to an increase in the cost of mining each Bitcoin, which theoretically should increase the price as miners will not want to sell at a loss (although it has been speculated that the recent falls in the price of Bitcoin is resulting in miners being forced to sell at a loss, something that may lead into an increasingly vicious downward cycle - see the MIT article link below).
But as the future of cryptocurrency evolves, it may turn out that the “market cap” of each cryptocurrency project will begin to reflect more and more the value of the services being built around that project and the actual use of the cryptocurrency for its intended purpose, something that it would not be accurate to say has driven the increase in market cap of Bitcoin over the past few years.
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Like I've been saying... many of these coins really... have little to no value now or in the future IMO.
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Bitcoin Stew
very technical but interesting and important
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And speaking of complex... did you know what happens in your computer and world when you type Google.com into a web browser?
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Here's a product you might need - great price and performance
click the pic
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MORE SOON

Wednesday, January 21, 2015

`Native' American Crypto-Currencies Tomahawk Higher

You could do worse than reading this blog which featured the MazaCoin Over Five Weeks Ago very early in the switch-over to a bitcoin blog as it and Navajo Coins have been SOARING like an Eagle in the clear blue sky..... MazaCoin, the coin of the Oglala Lakota Nation, is following the path upward in value being laid by the NavajoCoin. Indeed, my next update at Bitcoins In Trade may shock you with what they've done to the value of my accounts at Bittrex and Cryptsy. I told you that the ONLY coins with potential legit value were coins that could be viewed as sovereign coins. And the run has only just begun IMO. Why Their Could Be A Bull Run With The New President John Steele - who is big on sovereignty. 
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Bitcoin News, Views, and Spews

Below is the Founder of MazaCoin Payu Harris talking with a local city council representative about bitcoin technology and bringing to the area. As with most in the political realm she is of low awareness about the technology but is seemingly more than willing to learn if it will help the community.

Bitcoin Winner - Payu Harris

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The Spew
says it wasn't North Korea
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More Soon
Stay Tuned


Saturday, January 17, 2015

Is Bitcoin About To Tank Or Spike?

As of today the outcome of the latest plunge in Bitcoin prices is yet to be determined... is this the ride down to at least 85 if not 50? OR, is it a new base... a new take off point for a rally the likes which haven't been seen in over a year. How will those who stuck with it react if the price goes to 1000 again? Finally, could ANY COIN step in as the `reserve currency' (for trading and such) if Bitcoin confirmations begin to falter in any manner. And, what about that rumor of Stellar Coin and a FB giveaway?
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bitcoin links for today
The Barf
The price too low and the difficulty too hard means that some... indeed up to 11% of the bitcoin mining is about to Be Paused is this the OMG moment.
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The Stew
Seems that an American Wall Street firm is willing to team up with a Bitcoin trading exchange... and they see The Bitcoin Technology and not the coin as what is most threatening to the current state of affairs ... below is a quote.
"We are impressed with Buttercoin in many regards notably that it provides reliable, trustworthy and excellent trade execution, and most importantly that it has a US banking relationship. We see cryptocurrency technology as disruptive to the financial services industry as the internet was to communications."
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The Winners
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More bitcoin News, Views and Spews
A new President and new mining equipment point to a renewed interest in MazaCoin and the recent rise in prices should be NO surprise IF this info becomes more widespread.
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More Soon
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