SH** `COINS' **IT - IS THAT WHAT THE ALT-COIN MARKET IS?

As readers have already seen... the crypto-currencies market exchanges are not a place to hang your intellectual hat upon... with folks `investing' `money' for things that are not only `virtual'... but that are actually `TOTALLY NON-EXISTENT'. Yes, we are talking about the `shit coins' that have no Earthly presence - after taking folks money straight out of their brainless pockets. Crypto money... that the `developers' will then later turn into Bitcoin and then a final conversion into fiat cash value.

And, today's post was prompted by an Email from the Bittrex exchange about the `shit coins' that had reached an end for them to list. A sample of the e-mail is below:
Thank you for using bittrex.com. 

In an effort to remove dead and unsupported coins from our systems, we have identified coins with broken blockchains and flagged them for removal on March 8th, 2015. Note, that these coins have broken blockchains with no active dev and we can not send funds anywhere. 

StabilityShares - XSI - blockchain broken (7.3million-800mc)
Mugata - MUGA - blockchain broken (2million 600 marketcap)
BankNote - BN - blockchain broken 
PesaCoin - PES - blockchain forked or broken (20m,500mc)
IncognitoCoin - ICG - blockchain broken (20m, 500mc)
EquinoxCoin - EQX - blockchain broken
ScatterCoin - XSTC - blockchain broken  (360,000, 22mc)
OptimumCoin - OPTI - blockchain broken 
Diode - DIO - blockchain broken (4m,131mc)

Additionally, the following broken wallets will also be removed. 

GhostCoin - GHOST 
MoCoin - MOB 
DarkSwitft - DS 

Thank you for your time and for trading at bittrex.com! 

Best regards, 
Bittrex Team 
==================================
Bittrex also has dozens of coins in a near similar state as does Bluetrade and the others. I pointed out on Bluetrade the other day how dead the Polish Coin was... One of many without even a webpage.... the lesson... check the coins out for a web presence at least.. look for reddit subreddits or something on bitcointalk for info before `investing'.
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It's quite obvious to many of us in marketing for decades that many more `shit coins' are being made daily that have a `shelf life' of about 6 weeks at most. Even the most egalitarian ... that fit the `broadest' (such as a name Paycoin) definition ... will face HARD shakeouts for survival. After all... there's Mastercard, Visa, American Express, Discover... you get the idea... a handful... same goes for the banks... same goes for the world fiat currencies. 

Eventually... Coin Market Cap will not have 537 currencies... IMO. 

Many Think A Bitcoin Swoon Up To 1000 Again Could Kill The Other Coins

UNLESS...the niches to be served are fitted with the appropriately  positioned coins - in terms of quantity and pricing. 

To use a `stupid' example... Clean Water Coin.... 550 million available coins... worth 1/100th of a cent... marketcap 81,000 dollars.

While the coin immediately above it alphabetically  `Clams' has about 550,000 coins and a marketcap over a million - worth today... 1.81, yeah nearly two bucks. I've had both coins in my Dental Floss Tycoon portfolio previously and have neither now. 

But, each coin had appeal to me.. who doesn't want CLEAN WATER and a way for the world to fund it.... likewise... Clams... which is synonymous with real money... a coin that BETTER have value and be special for `worth'.

IMO both coins are being initially marketed in a realistically positioned manner. CLEAN WATER could have HUGE demand... CLAMS should be hard to obtain and positioned to be worth more. That said, IMO... Clean Water Coin ... nearly obviously... is NOT doing their PR job correctly.... and because of that has IMO way too many coins available. This coin SHOULD be easy to promote at a higher level... much higher marketcap level.

Whereas Clams... may wish they had more... as the viability of so few coins IF it became hot - could easily overshoot it's value compared to it's viability and usability compared to more established coins. But, that said, it's all a guessing game via the developers and name brand positioning.

================
Now, just to take a look at a few of the coins on Bittrex's `shit coin' list - the branding names:

StabilityShares - And WHO doesn't want a stable and rising coin?
PesaCoin - Positioned for the Spanish Speaking?
IncognitoCoin - WHO doesn't want anonymity? 
OptimumCoin - Positioned to those loving efficiency? 

My point is all these coins had a moment in time - (Pesa had a marketcap of 35,000 at one time... Incognitocoin - 60,000 plus... etc)...
These were take and grabs... IMO. Some folks are LAUGHING all the way to the bank as more get sucked into a name and a hole.

Which brings us to the video below: it ain't pretty as they say... I cannot vouch for the accuracy of the dialog... but... don't doubt it either.
10,000 Plus Have Seen This In Just A Day 20-1 Approval
very worthy comments at link too.


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This is gonna take some time - can you imagine what happens when AND IF this video ever reached the non Bitcoin aware or other non users? Bitcoin as a ripoff game could only increase in awareness.

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BTW READERS - I'VE DECIDED TO TRUST THAT GOOGLE KNOWS THIS BLOG CONTAINS NOTHING ALREADY THAT SHOULD FORCE IT BEHIND AN ADULT SCREEN NOR RENDER IT UNAVAILABLE TO THE PUBLIC IN GENERAL (IN A FREE SOCIETY) ON MARCH 23RD BASED ON THE ARCHIVE. NOR SHOULD THE CURRENT MATERIAL ABOUT BITCOIN BE VIEWED AS ADULT ONLY OR DANGEROUS.

IF THIS BLOG VANISHES ...AGAIN.

BE AWARE.

IT'S SLOWLY CREEPING IN - CRYPTO CURRENCY IS REAL - MazaCoin PR

As Barfstars know.... Barfstew has been covering somewhat extensively the `nation' branded coins - with the current ultimate example of which is the Maza Coin - a coin designated to be representative of a nation. (Lakota nation.) And, via my connection with Payu Kimitsu on Facebook... I've been aware of some videos that add to the fabric of how awareness builds about CryptoCurrencies.

The first example below is simply someone who wants to encourage the whole movement... who understands that THIS is the time to get in on a new currency standard. (BTW... at Bluetrade's chat box yesterday I again read the 1 bitcoin worth 50,000 idea by NEXT year.... if crypto took over just a small fraction of world commerce. - Something I'm simply repeating here, as you know, some say a million a coin is possible ultimately.) It's from an Indian familiar with this groundswell.... listen to how sincere his anticipation and desire is.

Chase Iron Eyes

Link To YouTube Channel With Other Videos Too

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IF such an urgency translates to the masses and overcomes the built in inertia of folks in 2015... the revolution is at hand.

But, the real gem of a video today is again from the Maza Coin team... again lead publicly it seems by Payu Kimitsu (goes by Payu Harris too) who almost single-handedly is leading the efforts to bring MAZA Coin to the masses for usage via real business transactions.

In the video below you see Payu talking with a local developer in South Dakota.... a developer who didn't really know what the question direction was going to be (you can see him begin to squirm at the 14 second mark) ... who had VERY little awareness of Crypto's (let alone bitcoin or Maza Coin)... and who all of a sudden was answering a question about WHETHER he would take Crypto Currencies for a property.... You will LOVE his answer at 21 seconds as he simply lumps crypto currencies in with all TRADe-ABLE CURRENCIES.

Then, as Payu tells the developer that he'd be the FIRST DEVELOPER to do something like this, (take crypto for building properties).. you can almost sense the guys pride and fear at being so positioned.

"..we feel good about being in a global market... with currencies that are tradable and movable"

Published on Jan 2, 2014

Maza Coin Project Founder Payu Harris talking with Hanni Chaffi about the future of Dream Designs acceptance of Bitcoin and the upcoming Mazacoin crypto currencies

About 300 Views So Far

The guy being interviewed is the kind that is the future of certain cryptos.

While the shake out is happening every single day - the huge shakeout and consolidation of bitcoin brands is coming IMO.

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IMAGINE A WORLD IN WHICH  GOVERNMENT FIAT MAY OR MAY NOT BE CHOSEN TO PAY FOR GOODS AND SERVICES.

And, one can assume that Payu is behind this too:

http://www.reddit.com/r/mazacoin/comments/2wxg37/the_designators_dd_service_in_rapid_city_signs_on/

The Designators Designated driver service in Rapid city SD signed on today as the FIRST driving service in the midwest to accept Mazacoi as a payment option, if not the entire US. Designators owner John said..."Im happy to accept Mazacoin, it costs me nothing to have a mzc wallet so why not accept it and help support this new tech?" you can find them on FB @ https://www.facebook.com/pages/The-Designators/1510403115856483

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How much MAZA Coin do you have in your wallet?

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So, I assume you noticed the ADULT screen I've placed on this blog at least for now in response to Google getting WEIRD about censorship again. While this blog prior to being a Bitcoin blog was known for being VERY controversial .... and was literally BANNED by GOOGLE for over 100 days.... my feeling was that it was the political edge that got the ban... but... this blog also featured pretty girls and women in photos... never ever nude but sexy often.... and that along with the LURID side links and Sexy Sunday and Sexy YouTube... leads me to believe that it's possible that Google may make this blog private on March 24 (against my will) - and restrict access to ONLY those who have been invited by myself the moderator/webmaster.

I'll explain more as this evolves - but - if you want to visit this blog after 3/23 - then you may have to give me a working e-mail. Sucks I know.

More on this soon.

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A few more bitcoin related links and thoughts.

Good PR These Days Is Assuring The Public That Bitcoin Ripoffs - Which are In The News All The Time - Are Addressed By Those That Hold The Coin For Others

This is how Payu responded..... as I said, coins will be dependent upon PR in this upcoming phase. Payu on top of his game.

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Keep your bucks I mean Bitcoin in America is never a bad thought.

For Example

More China Bitcoin FRAUD

the MYCoin saga.

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Great Articles

First Retail Bitcoin Store Opens In San Francisco - BitJam - Peer To Peer Lending Now 10 Million Dollars and 80,000 Bitcoin Loans

the store has an onsite Bitcoin ATM and offers a discount to Amazon Prices if you pay in Bitcoin. And, is Bitjam the tip of the iceberg for a new peer to peer world?

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The Future Continues Its Slow Advance

Link To Picture

Bitcoin Friendly Cannabis Vending Machines Emerge

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Various Analysis OF Bitcoin Marketplace

Feb 9th Analysis

February 20th Analysis

The bottom line is that it looks like BTC is headed to at least 300.

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MORE SOON

thanks for your support

August 20th, 2011 - Barfstews First Bitcoin Headline

SORRY FOR THE ABSENCE 
MUCH MORE SOON

Just a quickie today to look at this blogs Bitcoin History... such as the first headline to suggest that Bitcoin could become THE new world currency

And How Dangerous It Was To The Powers That Be (TPTB)

Referencing This Link

8/20/11

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On 5/16/11 was the first actual mention of posting a Bitcoin link
Here
Which Was Posted Here

2011 had two more mentions of Bitcoin, none in 2012.
=========================
On 4/4/2013 - Bitcoin Headline #2
Bitcoin Bonanza or BUST?
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4/13/13 - Bitcoin Headline #3
Bitcoin - Ponzi Scheme Or The Future Of Money? - Trading Halted!
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4/28/2013 - Headline #4
Big Next Step for Bitcoin: Meeting the Regulators
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5/3/2013 - Bitcoin Headline #5
BitCoin Is Gold 2.0: Venture Capitalist
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7/3/2013 - Bitcoin Headline #6
Winklevoss Twins Plan IPO for Bitcoin-Tracking Stock
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11/19/2013 - Bitcoin Headline #7
Is Bitcoin Real?
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4/3/2014 - Bitcoin Headline #8
Native Americans adopt bitcoin clone as official currency
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4/4/2014 - Bitcoin Headline #9
ONE Bitcoin To 1 Million Dollars - Why It Might Happen!
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5/22/2014 - Bitcoin Headline #10
Reddit BLASTS - Bitcoin Hater Schiff Now Selling Gold For Bitcoins
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6/12/2014 - Bitcoin Headline #11
Bitcoin bugs? Gold losing face to cryptocurrency!
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9/21/2014 - Bitcoin Headline #12
Bitcoin Touches 400 Dollars Per Coin
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9/30/2014 - Bitcoin Headline #13
Could Bitcoin Cause A Crash?
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10/5/2014 - Bitcoin Headline #14
Bitcoin With Debit Card?
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10/16/2014 - Bitcoin Headline #15
Will Government `Monies' Cause World Depression? OR `Why I'm A Bitcoin Bull'?
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The post above is THE POST in which I changed the direction of this blog forever to Bitcoin and alternative currencies.
Welcome Aboard
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MORE THAN LIKELY YOU NOTICED THE `ADULT' SCREEN I'VE AT LEAST TEMPORARILY PUT ON BARFSTEW.
THE HISTORY OF THIS BLOG SUGGESTS THAT BLOGGER MAY MAKE BARFSTEW A PRIVATE BLOG IN LESS THAN A MONTH BECAUSE OF A LURID CONTENT (NEVER NUDE OF COURSE) CRACKDOWN.
MORE ON ALL THIS SOON AND HOW IT MAY AFFECT YOUR USAGE OF BARFSTEW.

Will Hourly Indigenous Labor Ultimately Prove To Be Crypto-Currencies Real Strength?

In my post on January 29th I mentioned a company (BitWage) currently involved with the local Philippines workers... that converts their American dollars paid for their local work... into Bitcoin ... saving huge amounts of transaction fees for each worker. The idea is of course a natural for `indigenous' people anywhere in the world.... all that needs to happen is to have the idea REALLY take off... unencumbered by TPTB (the powers that be).... and let the awareness of a connected Internet take it's course of power.

And, at least one crypto currency person is at least making a rumble - in the direction of serving the SAME niche that BitWage is - for the American Indian (at least a tiny section of it but what if this worked... it could easily galvanize the many many other tribes) - his name is Payu Kimitsu and he is one of the main players for the MazaCoin.

I am friends with Payu on Facebook.... and wanted to share a post that is only a few hours old that he made and my response:

Payu Kimitsu

8 hrs · 

Talk of boycott swirls around local Indian community...but what would a Mazacoin backed Boycott look like? ok well it's going on 2 weeks since the beer throwing incident and no arrests...the States Attorney is looking at dropping pursuit of charges based on "the children were in no immediate danger" As the Native community fumes and seethes in rage over this clear message we're left to wonder what other options do we have as a community? Enter the Mazacoin Option: if the naive community  got solidly behind Mazacoin and switched 10% of their daily purchases and savings to Mazacoin it would spell a staggering $183 Million loss for the state of South Dakota...the native Community in South Dakota Alone account for $1.83 Billion a year in Tribal GDI (Gross Domestic Income). 10% of that removed from the local economy would be $183 Million lost...But where would it go? Well it wouldn't really be "lost" it would simply be removed from a fiat based economy like the state has currently and re allocated to a Native american based digital system. Since the State refuses to recognize any native american based currency as "Legit" it falls on the tribe as far as taxation and all taxes would revert to the tribes themselves.
But How would the Native Community go about such a feat? that is surprisingly simple... The Kimitsu group is currently looking at a idea to develop a inter tribal Payroll services co that would be able to do just that whereby clients could allocate a % of their payroll into Mazacoin automatically...and the more vendors, and small business merchants that accept Mazacoin as a payment option the more viable a solution Mazacoin becomes as a means of putting financial pressure on the state of south dakota and other states to get off their asses and actually do something to address the recent racially motivated attacks on the Native community...

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Now, as you read above, Payu is simply using this as a tool to retaliate for the obscene public incident and lack of moves by TPTB. But, the move away from fiat and into a local based alternative is more than a reaction to injustice at one moment of time... it could be the beginning of who knows what and a reclaiming of economic power.

So... my response to Payu:

Rick Phillips Indeed Payu... why bother waiting for BitWage to do it for you. You are a man of action Payu.... well done and your math and theories about the actions also are dead on.... absolutely this is the way to push the envelope of change IMO. Begin smallish at about 1-5-10% based on the persons comfort level and then watch the multiplier effect take hold within the community as that money NEVER LEAVES the area.... and is allocated better too..... That said, as we know about how BitWage is helping workers in the Philippines it may be good to talk up that idea as one that is a symbol of change for those people at controlling their own money better without banks becoming involved. Bitcoin and the alternatives are the way to avoid their inclusion in everything. The real fantasy is that the entire economy of the tribes gets switched over... imagine these coins EASILY having a similar or greater value to the previous fiat currencies being traded for the last century. And, finally for now... since Maza coin is the 2nd base currency for that group that deals with the United Nations NGO's (non government organizations) - that represents the indigenous people around the world... what IF the tribal folks simply made THIS local experiment work.... then the whole world will of the indigenous may just be starting to be realized. It provides ONE community the direct chance to bring change. Man oh man.

30 mins · Like

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Much like when in the movie `The Graduate'  the word `plastics' was positioned - Maza Coin may be the secret word for 2015... and Payu may be just the person for the job. Don't believe that Payu is the person that puts his actions behind his mouth and words? See below... yes, they accept Maza Coin.

Link To Picture

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Dig into seconds in the archive.

65% `Not At All Familiar' With Bitcoin - Google Tracking Study For Coin Center

Today's Bitcoin Lead

It's an interesting read on what the current understanding levels are for America.... sad... but a start... what's sad is that about 13% want the Government to BAN it... and only 16% or so want the Government to keep hands off. Read the news about Bitcoin Awareness Here. It would be interesting to know the demographic breakdown and other data right? Here you go.. and the consumer image of Bitcoin is Not Good and words 

associated with it include fraud and crime - the goal is to move the circles to the upper right.... a long way to go IMO.
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Bitcoin Spew

The Reddhead newsletter had a great history lesson about Bitcoin as Reddcoin celebrated it's first birthday in February.

Happy 1st Birthday Reddcoin!

This week Reddcoin turned 1 year old and members of Reddcointalk and the Reddcoin subreddit lined up to offer their best wishes to the infant cryptocurrency.

With the amount of development work that has gone into the project it is quite easy to forget how very young Reddcoin is. To put things in perspective it is worth taking a quick look at a couple of other currencies, starting with Bitcoin.

Bitcoin - 1st birthday 3 January 2010

Although the Bitcoin Whitepaper was published by Satoshi Nakamoto on 31 October 2008, it was not until 3 January 2009 that the first block of the blockchain - the genesis block - was mined by Satoshi. The first Bitcoin transaction took place on 12 January 2009, between Satoshi Nakamoto and American cryptographer Hal Finney.

On 5 October 2009 the first Bitcoin exchange rate was published byNew Liberty Standard. By calculating the cost of electricity used to generate Bitcoins the rate was set at $1 per 1,309 BTC, making 1 Bitcoin worth less than a tenth of a cent.

On 10 October 2009 the first online chat was set up for Bitcoin when the Bitcoin-dev channel was registered on freenode IRC. Over the course of 2009, before Bitcoin became 1 year old, versions 0.1 and 0.2 of the Bitcoin wallet were released.

And besides the above, nothing much happened. Of course Bitcoin was a new concept that no-one knew about, but it is still striking to see how it all began. To push the point home, the famous 10,000 BTC pizza was not bought until Bitcoin was nearly one and a half, on 22 May 2010!

Euro - 1st birthday 1 January 1999

The Euro was launched on 1 January 1999 in non-physical form (travellers cheques, electronic transfers, banking, etc.) at midnight. At the time of launch the national currencies of participating countries had their exchange rates fixed to one another, as a way to implement unified monetary policy. The Euro did not actually get its own physical notes and coins until three years later, on 1 January 2002.

It appears that even a fiat currency like the Euro was not immune to what cryptocurrency enthusiasts would refer to as a “pump and dump”. Buoyed by high expectations and plenty of optimistic expert opinion, on the first day of trading (5 January) the Euro climbed to US$1.19 as it was rapidly adopted by traders. However the Euro dropped to parity with the dollar by the end of the year, a 16% drop in value that may not seem much compared with cryptocurrency... but it was enough to spur emergency action from the G7 to set up support for the European currency in 2001.

Reddcoin - 1st birthday / public release 2 February 2014

Reddcoin was launched at a time when the cryptocurrency scene was blooming following the huge mainstream attention paid to Bitcoin at the end of 2013. One year on and the majority of the diverse cryptocurrency projects set in motion in 2014 have faded away and been resigned to crypto-history.

Thanks to its team and dedicated community Reddcoin is one of the few projects that continues to forge ahead with innovation and promise for the future.

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More Soon

The Cryptsy Bitcoin Plunge - 92.00 USD

In a week in which Coinbase went public in BTC trading... Who would liquidate 47 BTCs in such a manner and why? Was it to show the thinness of the market - certainly a petty billionaire could manipulate at this level and MUCH much more, right? (as is evident by most of the big caps moving in sync most of the time?)

 USD Market List   -   10 Active Markets
Search Markets: 
Market Currency 24hr Vol Price 24hr High 24hr Low
BTC/USD BitCoin 99.2 BTC 223.29731204 264.20938948 USD 92.00000000 USD
Was it some rich tycoon  who got in at 330 last week thinking the surge would be the next spike... and then just as easily got out to say WTF to Bitcoin? Is such volatility going to be normal in a world market of collapsing commodity prices? Seen as a possible refuge to those in countries with falling currency values?

Certainly the relative strength of the USD and the China currency (being undervalued) lends strength to Bitcoin prices IMO. Hard to buy into that marketplace perhaps in other places of the world... and could that be part of the weakness at this time of expansion... on bitcoin protocol all over the world?
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Oh, .... my blogging efforts here with simply an element of real follow through on my personal beliefs about the system in general and how change might occur in a world dominated by TPTB.... so, ... as readers of this blog know... IMO... the idea of the company called BitWage -

Your Wage, Bit by Bit

Next-Day Fiat to Bitcoin 

Faster and amazingly low-cost paychecks and payments between US and Philippines. No bank account required.

 where a worker can get their salary/earnings in Bitcoin - is a potential major game changer IMO (and I expect just the first of companies to move into the niche) in making the arrangements for individual people to use such a service.

So, I reached out suggesting to BitWage to extend their focus beyond BTC. And got a response. And potential `news'.

So, what will I report at this time? 

I will report that there is interest in/at BW to do more than just Bitcoin for payroll conversion...... and that brings up what I've been saying about the supposed `Nation' (brand positioning) coins and other even more potentially real `sovereign' coins.... (hint, hint) - get my drifting smoke-signal?
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Is a revolution at hand?

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Additionally, I've been contacted about doing a write-up for an upcoming `Crypto-Magazine' of some sort in the fairly near future.... we'll see.... someone evidently is reading my positioning statements.

I guess you are. Thanks.

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Bitcoin Winners

Ripple Labs Close To Finishing Raising 30 Million

with their own `trusted node' technology for possible transactions between institutions such as BANKS - go where the money is boys and play in their backyard (might this one still have significant room on the upside?)

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Bitcoin Spew

concerns do not change the authors’ view that bitcoin “is a radically new, decentralized system for managing the way societies exchange value. It is, quite simply, one of the most powerful innovations in finance in 500 years.”

The authors give insight into what might be motivating some of the bitcoin naysayers: the bitcoin model could slash trillions in financial fees, eliminate work done by payment processors, and cut into legal and accounting fees. In other words, by disrupting the global economy’s status quo, many parties stand to lose.

Bitcoin’s advantages are particularly visible in emerging markets where under the current financial system migrant workers can pay 10 percent or more in transaction fees for international payment services, the essay notes.

(BITWAGE ANYONE?)

2,000 Word Article In WSJ About Bitcoins Future

The article quotes from a new Bitcoin book but has some classics in this article as you can see above.

(Some Bitcoin Books In Left Sidebar)

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Bitcoin Barf

If you love to bark(f) about your favorite coin... in an endless trollbox...for btc reward for doing so..... then we have the place for you Friends For Cash does it sound like a match for you?

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Thanks for your readership, even if you initially came to look at the original Barfstew. Please interact with the various marketing links on this page to give back to the webmaster.

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

Bitcoin's Core Tested For Scalability

very technical but interesting and important

---------------------------------------

And speaking of complex... did you know what happens in your computer and world when you type Google.com into a web browser?

Here's What Occurs

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Here's a product you might need - great price and performance

click the pic

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MORE SOON

`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

Link To Video

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The Spew

I know who hacked Sony Pictures - Says John McAfee

says it wasn't North Korea

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More Soon

Stay Tuned

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

Google And Reddit Are Behind Buttercoin - Look Out Coinbase?

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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

Spread The Crypto Word

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

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

Link to Pic

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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

Advertise with Anonymous Ads

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Let's make this a regular thing

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One of those `mining' sites tomorrow

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

Man Brings Suit Against Cryptsy In Florida

security issues abound in the wild west - but, this one, seems more scam by client than anything Cryptsy does

The Reserve Bank Governor In INDIA Thinks Bitcoin Is `Fascinating'

IMO, third world countries could greatly benefit from a new reserve currency alternative

The Winklevoss Brothers Take Bitcoin To The NASDAQ

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. 

They Are Still Traded Here - Could Be A Good Investment - If They Are Real

I did a similar story about ESportsCoin

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That's today's installment - dig into the archive.

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