Tag Archives: bit coin

Critical Crypto Coin Update Answers Needed!

Truly Limited Cryptocurrencies

   image from Dash.org

   I see rising support for INFLATIONARY currencies in crypto coin.   If we are looking to have great technology, fast payments, and low transaction costs then the current rising prices of ripple, cardano, and stellar make sense.  Please keep in mind that 50-60% or ripple’s coin is held by their team.  The ripple foundation can make more coin as well.  That is NOT very decentralized.  Stellar has a 1% inflation rate.  Cardano is inflationary.

   Stellar and Cardano discuss their democratic processes of running and handling fees on their sites.  You can look to them for more information to evaluate them. 

   My main concern is that people that truly want decentralization end up with it and those that truly want a limited supply get that as well.  In the infographic above crypto  currencies that are Truly Limited by their set up are listed.  No more can be made.  Note that they don’t seem to be receiving as much attention in price right now as ripple, cardano, and stellar 01.03.2018 4:32am Pacific

Who wins the war between Bit Coin Cash, Lite Coin, and Dash?

   Listed here is a post comparing bit coin cash to lite coin: Litecoin vs. Bit Coin Cash

   I personally like the way that DASH is headed, but, there is a lot of support for bit coin cash and I get the feeling that powerful marketing forces are at hand.  Bitcoin.com, the domain many new people visit, makes reference to bit coin cash!  The powerful Charlie Lee, the figure head of lite coin, has stated that he is stepping down.  It looks like it is time for large holders of bit coin cash to come looking for pay day!

Cryptocurrencies Crystal Ball for 2018

If Only You Had a Crystal Ball for Crypto!

   It may seem strange for a crypto currency fan to not be bullish(pro) bit coin for 2018.  Instead, I see a favorable future for ripple, ethereum, and maybe Dash, Litecoin, Bit Coin Cash, and Iota.  I’d rather bet on use then simple agreed upon value.

2018 Picks in Order


  • Ethereum
  • Ripple
  • Dash
  • Lite Coin
  • Bitcoin Cash
  • Iota


   Bit Coin Has a Giant Lead But…

   Bit coin has gotten all the press and publicity lately but it also has a congested network that has long transaction times and expensive transaction fees.  The idea of a crypto currency is to be a global form of payment, have fast transaction speed, low fees, be accepted by vendors, and a bonus if it has other uses.


Ethereum is reasonably fast, has low transaction fees, has wide acceptance in crypto exchanges AND has use to developers built into the technology.  Unfortunately, the supply is not limited as there is an inflationary rate.  The inflationary/deflationary nature is set to be appealing in the future as per Reddit

   Ripple just got the announcement of a large Japanese establishment agreeing to work with it.  I believe it was mentioned that testing with cross border payments in Korea were taking place as well.  Transaction times are fast and fees are minimal.  True decentralization is not present in Ripple.  50%-60% of the coin is held by the developers(head).  They will have the power to sell off their coin at any time and have the ability to effect price.  There is not a finite amount of ripple.  Ripple coins can be created at will. (source Investopedia).

Dash, Lite Coin, Bitcoin Cash

   These are reasonably fast coins, have low transaction fees, and have a finite limited supply.  This means that additional coins will never be added to the mix.  I interpret these coins as being in a race for being the most widely adopted out of the group.  If vendors move to accept these as forms of payment the one gaining the most acceptance would be an excellent store of value.  It’s interesting to note that Dash has a feature called private send that attempts to make payments even more anonymous.  I do feel that if tracking money became insanely difficult with Dash it might suffer from government legislation and go more underground.   Dash also plans project Evolution in which it works to make things easy for the general public.


   Iota boasts having zero transaction costs.  The idea is that the user making a transaction will process two transactions before their transaction goes through.  A clever enough system to develop fast payments.  It talks a lot about the sharing of data in its system and it’s ability to help the world.  It has been noted that microsoft has been a participant in it’s coin, not a partner (Made clear by IOTA development staff).

Cardano and NEM

   Cardano puts an impressive paper together describing their product and boasts having great minds(universities) behind it.  It has been pretty flat in performance, but yet, today as of writing this it is number six in total market cap so I thought I would at least include them.  NEM intrigued me with priority given to more active users.  We’ll have to see how these two develop.

All in all, holding all these coins would be a reasonable bet.  One could take larger positions in the one’s they believe hold the most value, thus, spreading out one’s risk. I’m interested in hearing your opinions as there is a lot of information out there and things are not made easier in picking winners when big money people pump and dump and sudden panics seem to hit the industry.

By God, I Figured You Out Bit Coin – Cryptocurrency Profits

Be Ready to Risk it All


I think today’s advice is pretty sound regarding investing in cryptocurrency at least of 12/24/2017

It’s very easy for a group of big money people to pull the price up of crypto coins. Price starts going up and people become interested. That would be human nature. But, guess what, they then get to decide when to pull the switch and withdraw their support(money). When that happens you can bet that they will start a big sell off drastically effecting the price.

Who gets hurt? That would be the guy that has invested money he can’t afford to lose. You see these people can just keep applying the pressure lowering the price until you decide to reduce your position if you have too much out there invested. Then they just swoop in and buy the crypto coin at a really cheap price and start the process all over again driving it up.

Big Thing to Remember, Don’t Invest Money You Can’t Handle it Approaching Near Zero in Crypto

This process of big money people manipulating the price really isn’t beneficial to the growth of crypto currency.  The big swings in prices probably keep a lot of people out of the market.

2017 produced some huge returns in crypto currency, and in my personal opinion, I think crypto will continue to produce.  Yet, because of the big swings, putting too large of position in is not ideal

  Next, why would I share such good information?  Why wouldn’t I let you get squeezed by the process and just take advantage of the big lows myself?  If I give you good enough information maybe you’ll subscribe to the blog 🙂

Disclaimer: Investment advice is not being given, this is simply my opinion

Bitcoin Dies, and it’s Under Appreciated Brothers Thrive 2018

Bitcoin Dies

A little flare for the dramatic and some comedy to start our day today.  However, if you were a big holder of bit coin or any crypto today you are probably not laughing right now.  Bit coin and crypto currencies took a Big Hit.

Here is some insight into the future.  Doomsday people ranting that bit coin is a bubble and over speculated on may have some validity.  Let us not forget the actual value of a crypto coin is providing low transaction costs, fast transactions world wide, actually paying for goods and services, and perhaps transactions without a face or name.

Bitcoin is still pretty new and has a long way to go in acceptance.  It also has problems of expensive and slow transactions.  Most of the crypto exchanges are accepting bit coin and Ethereum.

   Why not start backing Ethereum?

   It wouldn’t have to be ethereum but it does have the jump on many alt coins as far as acceptance and exchanges are already set up for them.  Why not support a coin that actually works to provide a valuable service that it set out to solve, low transaction costs etc. and ethereum happens to have uses to developers as an added bonus.

I really look forward to the day that alt coins are not tied so strongly to bit coin and going into the future I think it will happen.  Ask yourself why hold bit coin…

Disclaimer: No investment advice is being offered here.  It is my opinion and thoughts.

2 Gigantic Reasons Bit Coin is a Storage of Value



What If It Took a Wheelbarrow of Money to…

Buy a Gallon of Milk?
   You could end up like this poor chap in the picture if your government engages in out of control inflation.  This is why it is time to take a more careful look at something that is truly limited and a store of value, Bitcoin or Cryptocurrency.

Think you are safe holding money by a government?
   Let’s look at an excerpt from Horizon Kinetics, Market Commentary, October 2017
          The Roman Empire debased its coinage for 2,000 years. As one example, during the 73 years between
Marcus Aurelius’s reign that ended in 180 CE and the beginning of the reign of Emperor Gallienus, the
denarius silver coin was debased from 75% silver to only 5%, by which time the silver was just a surface
coating that would wear off. That is 93% depreciation, which works out to about 3.6% per year.
– Staying with the 73 year timeframe, from 1943 to 2016, the U.S. dollar likewise lost 93% of its
purchasing power, based on an annualized inflation rate of just over 3.6%. For most of that period,
though, U.S. citizens could earn a comparable yield on their bank deposits or treasury bills, so that
purchasing power could be maintained. That’s not been the case over the past ten years, though, since
short-term interest rates have been kept near zero; today, money really does earn a negative return.
   Bitcoin has a limited supply of 21 million coins.  No more can be created.  It is a decentralized currency so that nobody controls the supply.  Even gold and silver do not give us a true comfort of limited supply.  If the price of gold and silver were to go up dramatically we would find ways to mine more of it.  My point is that we may hold less gold and silver than what is still untouched in the earth.
   As a thought experiment, I would like you to consider the value of bit coin if it were to actually replace the money we use today.  If there are only 21 million coins and the coin would have to account for trillions upon trillions of dollars you would discover that one bit coin is worth far more than the roughly 11,000.00 it is selling at…
How do you feel about crypto currency, let’s hear your opinions?