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The rise of Cryptocurrency has not even started yet.

The rise of Cryptocurrency has not even started yet.

Is Cryptocurrency just starting or is it in a bubble?

Before we begin, let’s take a look at what industry experts think… or thought. Were they correct? Were they wrong? Were they DEAD WRONG and could have made billions?

They were calling for a bubble then. They are still calling for it now, after it continues to rise and rise and rise. Cryptos are just not stopping. These assets are sucking people in faster than we can blink an eye.

In 2017, Cryptocurrencies of all kinds rose in value. You could actually buy a coin with no purpose and make money. I am not joking, you could throw money at, LITERALLY 90% of any cryptocurrency out there and come out 1000% to 100,000% ahead at the end of the year. Take a look! It’s insane!

If you traded $5,000 of ANY of the top 10 coins exactly 1 year ago, your returns would have been…

Note: I stole the idea about this ‘What if’ scenario from a buddy in my private crypto group on Facebook.

So what if I traded just any ol crappy coin. What would have happened? Well let’s take a look at that as well!

So if you invested in ANY of these 5, you would have netted a huge profit. I tired to choose coins that I thought would fail at only $100k market cap and coins based on nothing.

Let’s think of it this way. If returns like this happened in year 1 of cryptos, imagine if they only do 1/10th of what they did in 2017? This party is just getting started.

How does BTC compare to Alt Coins?

Look at the following charts to see a few interesting insights about how BTC or ‘Bitcoin’ is losing market share in a hige way. The Alt Coins may actually overtake BTC in marketshare soon…

After looking at those 4 charts, do you see the value of investing in some of the ‘ALT COINS’ as they are commonly called? Do you see those coins picking up steam? I foresee the alt coins actually replacing Bitcoin in value in the coming years.

How fast has the crypto-realm been growing? Well actually they remained stagnant until a few months ago. In the chart below, you can see that in 2014 all the way until 2017, they remained the same. In May of 2017, ALL of the coins jumped and they have not looked back since.

ALL cryptocurrency are growing in value and marketcap.

Some people say cryptos are in a bubble but I can smack that down with the next 3 pictures.

We compare cryptocurrency to other assets such as gold, the 50 richest people on Earth, all of the worlds bank notes and coins, and the GDP of the entire state of California.

Let’s take it a step further. It doesn’t look like a bubble yet. Let’s add in all of the worlds stock market capitalizations and the global money supply.

How about adding the value of global real estate and the global derivatives market? The derivatives market consists of all options contracts, swaps, binary options, and futures contracts holdings.

Source:  http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

That’s not a bubble at all! Not even close!

So are we in a bubble?

According to all the stats, not only are we NOT in a bubble… but the bubble has not even started. We have just entered into stage 1 of trading. Imagine if this is the beginning of a new way of trading? It is, in my humble opinion.

Not Convinced? Let’s look at some Google Trends!

I am a forex and binary options trader and have been for years. Over the past 2 months, however, I dove right into cryptos and BOOOY am I happy! The reason is because traditional markets have become so frikken stagnant that trading has become more difficult. Cryptos changed that INSTANTLY!

Now let’s add in Cryptocurrency to the equation…

As you can see, the term ‘cryptocurrency didn’t even come onto the scene until about 8 Months ago. In those 8 months, interest has surpassed the interest of stocks, futures, and forex. This is a massive interest!

Holy Guacamole, Mexican Batman! Look at that big purple line! That represents the Google searches over the past 5 years. Do you see how the term ‘cryptocurrency’ has totally overtaken forex, futures, stocks and options? WOW!

Now it looks huge but are we in a bubble? Lord No! Look below and you will see that most people don’t even know about cryptos yet. Most of the world is still caught up with Trump and the border wall or buying garbage they don’t need on Amazon. Some others may be watching ‘Stranger Things’ on Netflix or buying that rubber chicken on Ebay but one thing is for certain… They are NOT searching for cryptocurrency yet!

We are in on the ground floor and the more people that realize this early on, the more this cryptocurrency market will rise throughout 2018…and rise dramatically!

How does the general population like cryptos? Let’s take a look!

Sorry guys but this is not a bubble! If something cant even beat out Amazon, Netflix, Ebay, or even Donald trump, how can it be called a bubble? Let’s look at this ‘bubble’ compared to 2008.

Are people searching for a ‘Cryptocurrency crash’?

Compared to they way people searched for financial crisis in 2008, we have not even come close to being remotely concerned just yet. The only thing I see is that some people thing that Bit coin is in a bubble. You can see this by looking at the little yellow line.

However, if you look at a chart, you will see that BTC is not in a bubble. It has just moved up so fast, it needs to pause for a month or two so it has room to breath and bring on new investors.

People are just just not searching for it. This means that either people don’t care or that it’s actually NOT a bubble. You decide.

If cryptocurrency is not in a bubble, then what should I buy?

I can’t advise you on that. What I can do is post some stats here. Enjoy!

I looked at other assets and still found Ripple to be the most searched coin lately.

Ripple can’t be the only one that is worth anything. What else is good?

Here are 4 links to help. This is just my idea. I am not giving financial advice. Don’t trade with money you can’t afford to lose. Any type of trading is not suitable for all investors and you can lose all of your money if you are not careful.

Simply click on any one of these titles to learn more.

 

 

Happy Trading!

 

 

 

 

 

 

 

 

 

 

 

 

 

The featured image for this post was pulled directly from https://www.google.com/search?q=funny+crypto+chart&rlz=1C1AVNE_enUS635US635&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjlnYW24LfYAhVSxGMKHaWwAFoQ_AUICigB&biw=1662&bih=868#imgrc=YnZ5sr0Jl8UwCM: I did not create it and I don’t know who did. If it is you and you can prove it, I will give you credit for it.

 

Proof Ripple will hit $100.

Proof Ripple will hit $100.

Disclosure: I own Ripple coins.

Your jaw will drop by the time you finish this article!

The new vehicle of the investing world is Ripple. I wont go into all the detail about what type of company Ripple is. You can investigate that on your own because there are write ups all over the internet. Just start investigating.

I wont even go into all of the fundamentals. The fundamentals for Ripple are top notch, by the way!

What we are going to dive into are simple chart patterns of previous cryptos that reached far more than expected. In the spirit of full disclosure, I do own some Ripple Coins.

Before we begin, here is a required CFTC disclaimer. Even though I am not trading hypothetical money, but rather real money, I will put this disclaimer here.

REQUIRED US GOVERNMENT CFTC DISCLAIMER

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Bit Coin ‘The Biggie’

Back then, when Bitcoin was trading at only $1, no one actually knew it would climb to almost $20,000 per coin. No one could fathom a rise this fast. Some call it a bubble but guess what? Many multimillionaires have been created with this technology.

Bitcoin is just the first crypto asset but just like Myspace overtook Friendster and just like Facebook overtook Myspace, some other coin will probably overtake Bitcoin one day.

Bitcoin has no ‘practical’ value and many other coins are faster, scalable, and just better. The leading contender is Ripple.

Ethereum

The 2nd player in the cryptocurrency field is known as Ethereum. It was launched in 2015. It is a well-established and open-ended decentralized software platform that enables SmartContracts and Distributed Applications to be built and run without any downtime, fraud, control or interference from a third party.

Ethereum seems to run better than Bitcoin and this second cryptocurrency started a spiral of a slew of other cryptos to start listing themselves, regardless of if they have a product or not.

Lite Coin

People started complaining in the long block execution time it took for Bitcoin so along comes Litecoin. This platform only took 12 minutes per transaction, compared to Bitcoins 45 minutes. The cost was cheaper as well. Litecoin could perform a transaction for 12 cents versus $1.88 with Bitcoin.

Litecoin even beat out Ethereum with the speed and costs. Scalability was a huge thing for Lite Coin because this technology could process 56 transactions per second versus Bitcoin and Ethereums 16 transactions per second.

Ripple

Ripple blows all the competition out of the water.

Check out the ungodly speed of the Ripple Network at a mind boggling 1,500 transactions per second…

Lets put that in perspective:

Every hour, Ripple can conduct 5,400,000 transactions compared to Bitcoins 57,600!

It takes Bitcoin 12 minutes to do what Ripple can do in 3.3 seconds! The closest competitor… Lite Coin at 12 minutes. There is still no comparison.

For every 1,000 transactions, it cost Bitcoin users $1,880. For Ripple, the cost is a mere 40 cents!

 

So now we all know that Ripple is faster, more scalable, and just plain better for the end user. What about some math? Does the math and fundamentals add up as well?

 

Let’s Look at the math.

Look at the supply. It is sitting at 38 Billion. What’s this all about? How can a coin increase in value if there are 38 Billion of them? Actually there are 100 Billion but most of them are ‘locked up’.

The main criticism levelled at XRPs, and thus also against the Ripple network, is the way the XRPs were distributed. Ripple Labs, the creators of Ripple created 100 Billion XRPs when they launched. No new XRPs will be created.

Ripple still owns about 60% of the originally issued tokens and the escrow is unlocking 1 Billion XRP every month for about the next 4 1/2 years. This will help stabilize the price from a bubble.

Ripple network fees are paid through ‘burning’ XRPs. They essentially enrich everyone in proportion to the amount of XRPs they hold (if 1% of the tokens are burned, the remaining tokens would be worth about 1% more provided the market.

This Ripple Burning will help increase the price.

Whitepapers

If you are a nerdy nerd, read these white papers. These were written by economists and banks and will give you even more insight into this Ripple phenomenon.

Morgan Stanley – Global Insight: Fintech

Download the PDF Here

Goldman Sachs – Profiles in Innovation: Blockchain

Read the Scribd Whitepaper Here.

BNY Mellon – Reinventing Payments in an Era of Modernization

https://www.bnymellon.com/us/en/our-thinking/reinventing-payments-in-an-era-of-modernization.jsp?cid=38424976&rid=philip.battaglia@bnymellon.com&etaid=26564

KPMG – Consensus: Immutable Agreement for the Internet of Value

https://assets.kpmg.com/content/dam/kpmg/pdf/2016/06/kpmg-blockchain-consensus-mechanism.pdf

Celent – Cross-Border Payments Most Mature Use Case for Distributed Ledger Technology

https://www.celent.com/insights/891899778

Credit Suisse – Solving the Problems of Cross-Border Payments

https://www.finextra.com/finextra-downloads/newsdocs/document-1063851711.pdf

Bain Insights – Distributed Ledgers in Payments: Beyond the Bitcoin Hype

http://www.bain.com/publications/articles/distributed-ledgers-in-payments-beyond-bitcoin-hype.aspx

Citi Research – US Digital Banking: Could The Bitcoin Blockchain Disrupt Payments?

https://ir.citi.com/onWP8PeDTFCEOpVtHBNtpVSgNCDKcVVUBdHotDbLJ%2BjXmVXuVE8aY3W2hNxoAfPWNcuytXi1ocM%3D

 

Escrow

Ripple allows you to secure XRP for a fixed amount of time or until specific conditions are met. For example, Escrow allows a sender of XRP to put conditions on exactly when a payment can be completed, so the payment remains cryptographically locked until the due date.

Ripple’s vision remains the same – to enable the Internet of Value in which money moves like information moves today – and XRP is at the heart.

Is it fast?

Is it Scalable?

What does the internet say?

 

As I was writing this, Ripple jumped in price from $1.80 to $2.20!

If you had a chance to look at all the stats and read all of the supporting material, you are probably whipping out your credit card to by some Ripple now. If not, that’s fine also but I truly believe Ripple will hit $100 and continue climbing so I am putting my own money where my mouth is.

Losses do happen.. In trading and especially trading cryptocurrencies, we should know that it is risky and not suitable for all investors. Don’t trade with money you can not afford to lose!

 

 

Buy & Sell Cryptocurrency Ratings List According to Partnerships

Buy & Sell Cryptocurrency Ratings List According to Partnerships

Partnership List of 38 Cryptocurrency Coins

I spent an entire week going over each of these coins. My goal was to determine which ones had long-term potential, according to their partnerships.

It seems as if there is a new coin each day but we all know that in order for an asset to appreciate in value, these companies will have to work with other firms and partner with key players in the industry.

It is a very exciting time to be alive because several of these coins are partnering with companies like American Express, Microsoft, and more! This seems to be the beginning of a brand new world!

I focus on the lower priced coins because it is easier for a $1 coin to go to $100 than it is for a $500 coin to go to $50,000.  The math is the same.

For Reference:

This means I may like the coin.

This means I may not like the coin.

 

This means I have no idea and more research is needed.

In this article, I will attempt to investigate all the different cryptocurrencies. I wanted to find out which ones had potential and which ones were just full of balony so I compiled a list and started working. This list is not ranked or in any order of any kind.

We all know about Bitcoin, Litecoin, and Etherium but have you heard about all of the underdog coins? Have you heard of Tron or Verge? Maybe you know about all of the partnerships with banks, schools, governments, and credit card companies. If you have not, PLEASE PLEASE PLEASE watch this video to learn more.

Instead of all this talk about the ‘Redistributuion of Wealth’, why not have a conversation about what’s going on in the Cryptoworld right now and discuss the ‘Pre-distribution of Wealth‘!

This list may grow over time so if you would like me to add to this list, private message me on Facebook at https://www.facebook.com/joaquintrading and I will try to add it.

oBike partners blockchain platform Tron to launch cryptocurrency oCoins for users to pay for rides. To add 10 Million Users

Tron Includes Senior Developer from Alibaba in the Team 

TRON Official White Paper

I could not find any partnerships as of December 27, 2017.

This coin is all about the colonization of the planet Mars.

Currently, several attempts are underway to establish the first human colony on Mars. While technologically not impossible, funding for such a monumental project (estimated at 10-30 billion USD) is a major obstacle. If you share our dream of making that first giant step for mankind a reality, then Marscoin might be something for you.

Simply by using Marscoin, a bitcoin alternative dedicated to the project of colonizing Mars and many space missions and projects that try to get us closer to this next big step for humanity, you will automatically participate in a serious boostraping effort to colonize Mars.

I can find no partnerships.

Stellar is a decentralized, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation.

Stellar has a ton of supporters including Temp Money Transfer, Coins.Ph, RippleFox, Cellulant, ICICI Bank, KlickEX adn many more. They seem to be doing a lot of business in Asia and Africa. To see the full list, visit https://www.stellar.org/about/directory 

The biggest partnership, by far, is with IBM http://fortune.com/2017/10/16/ibm-blockchain-stellar/

 

Ripple has partnerships all over the place.

American Express – https://www.cnbc.com/2017/11/16/american-express-santander-team-up-with-ripple-on-blockchain-platform.html

Royal Bank of Canada – https://www.coindesk.com/royal-bank-canada-reveals-blockchain-remittance-trial-ripple/

The Bank of Tokyo-Mitsubishi UFJ (BTMU), the third largest bank in the world – https://ripple.com/insights/mufg-joins-ripples-global-payments-steering-group/

Commonwealth Bank of Australia and Westpac Banking Corp – http://www.afr.com/business/banking-and-finance/financial-services/cba-westpac-back-r3-blockchain-capital-raising-20170523-gwav5e

See the full list here – https://ripple.com/solutions/

NXT offers Child Chains – https://cryptoslate.com/birth-child-chains-meet-nxt-ardor-ignis/

Ardor – https://www.ardorplatform.org/

Ignus – https://cryptovest.com/news/nxt-launches-like-a-rocket-after-bittrex-confirms-ignis-airdrop-support/

Hyper Ledger – https://www.hyperledger.org/members

A-Trust, A governmental Organization Partner – https://nxtplatform.org/trust-starts-blockchain-project-austrian-city-halls-based-nxt/

I can find no partnerships.

I can find no partnerships.

I can find no partnerships.

 

I can find no partnerships but I will be watching this one through 2018. Check out their updates here – https://www.1337coin.net/roadmap

Ormeus Coin will be backed by Bitcoin and company revenue. Unlike other cryptocurrencies that are only pegged to the value of Bitcoin, Ormeus Coin already owns Bitcoin mining rigs that will back the token. Each Bitcoin Mining rig is capable of producing $500,000 of Bitcoin every 30 days. Ormeus Coin is currently in possession of two BTC Mining rigs and will be purchasing more as time progresses. 40% of all Bitcoin generated by the BTC mining rigs will be reinvested into purchasing more.

Ormeus Coin Official Whitepaper – https://ormeuscoin.com/wp-content/uploads/2017/02/ORME_WhitePaper_09262017.pdf

I can find no partnerships.

A coin which grows at a higher rate than your bank account does. Our cumulative interest model means you truly have an asset that increases in value so over a period of years your coin will mature into a savings pot. The solution is Embercoin.

That’s what we believe is the core value and potential behind Ember and that’s something we intend to keep at the heart of Ember in the best way we can whilst at the same time growing the value of the coin.

In a world where AI threatens to replace even highly skilled jobs, it is now more important than ever to be able to generate an income stream We believe computers should be used to serve mankind and improve life. Computing power can be used to generate income, not just take it away.

I can find no partnerships.

Verge uses multiple anonymity-centric networks such as Tor and I2P. The IP addresses of the users are obfuscated and the transactions are completely untraceable.

“Black Paper” – https://vergecurrency.com/assets/Verge-Anonymity-Centric-CryptoCurrency.pdf

List of Partners and Vendors – https://vergecurrency.com/#vendors

Adult Store Use – http://pythonpills.com/red/buy-python-pills.php#buy

Seven Stars Cloud Group – https://www.prnewswire.com/news-releases/seven-stars-cloud-announces-new-jv-red-coin-chain-ltd-300505339.html

 

I can find no partnerships. I can’t even find a website.

I can find no partnerships.

We’ve combined a decentralized blockchain with a centralized viral marketing app that encourages the adoption and accumulation of cryptocurrency through “gamifying” the experience – we call it the Mobile Mining Experience.

Our blockchain emits coins to our mobile app users to bring a different utility to the blockchain. Electroneum full miners earn the most coins and that runs on Windows, Linux, and Mac computers. They bring the utility of blockchain administration and are rewarded with Electroneum coins. The mobile miners bring the utility of viral marketing to Electroneum and are awarded with a number (smaller) of Electroneum coins for doing so.

It’s done in a way that encourages app usage. We’ve essentially gamified the mining experience, making it appeal to mobile computer gamers (there are over 2 billion of them).

Partnership with Effortel -= https://www.facebook.com/electroneum/posts/1929607643967871

Dotcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. We use peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Dotcoin is also the name of the open source software which enables the use of this currency.

I can find no partnerships nor can I even find a website.

 

I can find no partnerships nor can I even find a website.

About
Doge is a slang term for “dog” that is primarily associated with pictures of Shiba Inus (nicknamed “Shibe”) and internal monologue captions on Tumblr. These photos may be photoshopped to change the dog’s face or captioned with interior monologues in Comic Sans font.

Origin
The use of the misspelled word “doge” to refer to a dog dates back to June 24th, 2005, when it was mentioned in an episode of Homestar Runner’s puppet show. In the episode titled “Biz Cas Fri 1”[2], Homestar calls Strong Bad his “d-o-g-e” while trying to distract him from his work.

I don’t even know what that has to do with a currency. It is a coin based upon a joke but has no value based upon anything.

Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.

Official White Papers – https://www.cardanohub.org/en/academic-papers/

Z/Yen Group – https://ibsintelligence.com/ibs-journal/cardano-foundation-partners-zyen-groups-distributed-futures-research-blockchain-ai/

Bittrix Partnership – http://paymentsjournal.com/cardano-launches-bittrex-first-exchange-partner/

The IOTA currency is unique thanks to its blockless “tangle” ledger system, which has no limit on how many transactions can be confirmed per second. Tangle will help companies handle the imminent rise in micropayments that will accompany the IoT boom, according to IOTA mathematician Serguei Popov.

“The tangle naturally succeeds the blockchain as its next evolutionary step, and offers features that are required to establish a machine-to-machine micropayment system,” Popov recently wrote.

Microsoft Partnership – https://news4c.com/iota-currency-will-partner-with-the-microsoft-corporation/

Robert Bosch Venture Capital – http://www.businessinsider.com/robert-bosch-bets-on-iota-2017-12

PriceWaterhouseCoopers – https://www.cryptoninjas.net/2017/12/14/streamr-way-iot-meet-iotas-ethereum-based-rival/

NEM’s blockchain exposes its functionality through a powerful API interface that can be used with any programming language, not a specific “smart contract” language. Existing business logic code can easily mate up and use blockchain where it’s strongest: secure transactions and ledger keeping. In short, configure NEM for your business, and then deploy blockchain incrementally and without forced retooling of existing infrastructure.

Official Whitepaper – https://nem.io/wp-content/themes/nem/files/NEM_techRef.pdf

Partnerships with companies such as RapidQube, Asta Solutions, Zeus Exchange, Blockchain Global, Dragonfly Fintech,  – https://nem.io/enterprise/partner-companies/

Malaysian Digital Economy Corporation – https://cointelegraph.com/news/nem-partners-with-malaysian-digital-economy-corporation

Metaps+ – https://www.cryptoninjas.net/2017/10/09/nem-partners-metaps-plus-list-xem-new-crypto-exchange/

 

EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.

Official White Paper – https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md

Many Resources for development – https://eos.io/resources/

NEO is a non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a “smart economy” with a distributed network.

NEO was founded in 2014 and was real-time open source on GitHub in June 2015. Since its inception, the NEO team has experienced the upsurge and boom of the blockchain industry and the frenzy and cooling of the digital money market. We believe technology drives progress and together we can create the future. Motivated by this, NEO has been created to shift our traditional economy into the new era of the “Smart Economy”.

QRC Partner – https://www.reuters.com/brandfeatures/venture-capital/article?id=23048

Announcements – https://neo.org/blog

Nasa (National Aeronautics Administration) likes NEM – https://bitzamp.com/neo-listed-among-the-five-top-crypto-currencies-by-nasa/

Research Paper – http://strategiccoin.com/neo-vanguard-digitized-china/

The first child chain of Ardor will be the Ignis child chain. IGNIS tokens will be used for its operation. All existing and well tested Nxt blockchain features will be available on the Ignis child chain with the addition of Ardor platform specific enhancements.

IGNIS and ARDR coins will be distributed to qualifying user accounts in the Ardor Genesis Block. There will be a one-time snapshot of the Nxt blockchain on December 28th (the “Ardor Genesis Snapshot”.) The block height will be announced before the snapshot.

The snapshot will determine NXT account balances and half of all IGNIS coins will be distributed automatically at 1 NXT = 0.5 IGNIS ratio.

The Ardor production software release will be done shortly after the snapshot, with the blockchain scheduled to start exactly on Jan 1, 2018, 00:00:00 UTC.

Blonde 2.0 Partner – https://twitter.com/Jelurida/status/898200619353243649

Tel Aviv Capital Partner – https://twitter.com/Jelurida/status/898202059333402626

NXT Partner – https://nxtplatform.org/ardor-roadmap/

The first child chain of Ardor will be the Ignis child chain. IGNIS tokens will be used for its operation. All existing and well tested Nxt blockchain features will be available on the Ignis child chain with the addition of Ardor platform specific enhancements.

IGNIS and ARDR coins will be distributed to qualifying user accounts in the Ardor Genesis Block. There will be a one-time snapshot of the Nxt blockchain on December 28th (the “Ardor Genesis Snapshot”.) The block height will be announced before the snapshot.

The snapshot will determine NXT account balances and half of all IGNIS coins will be distributed automatically at 1 NXT = 0.5 IGNIS ratio.

The Ardor production software release will be done shortly after the snapshot, with the blockchain scheduled to start exactly on Jan 1, 2018, 00:00:00 UTC.

Ardor and NXT Partnerships – https://www.jelurida.com/

 

 

The TenX wallet and card* have been tested by well-known figures in the industry with payments in 50 countries across the world. Available now on iOS, Android, and the web.

At TenX, we strive to offer the user access to an as large as possible range of blockchain assets at a maximum degree of convenience, while adhering to the highest security standards in the ecosystem.

We are able to do this by connecting blockchains, leveraging on the COMIT Standard (www.comit.network), which works in a completely trustless, instant and at a no cost manner.

To the end-user, we offer a debit card and accompanying mobile wallet that can be funded not only with Bitcoin (BTC), Ether (ETH), Dash (DASH) but with virtually any blockchain asset. A TenX wallet can be used in almost 200 countries at over 36 million points of acceptance today. This is possible as we have partnered with major credit card companies such as VISA and Mastercard.

I can find no partnerships but I am watching this one.

Power Ledger is a distributed, interoperable energy trading platform that supports an extensive suite of energy-focused applications. It features a live and deployed platform that possesses the ability for others to develop applications for use on it. Power Ledger aims to solve 2 major problems using Blockchain technology:

1. Declining utilization of electricity networks which could be maintained through a marketplace for distributed energy assets and associated transactions underpinned by the blockchain (e.g. peer to peer trading across networks)

2. Low penetration of renewables in apartment buildings, where a shared ownership and allocation model for microgrids could be provided by the blockchain (e.g. peer to peer trading in buildings)

Official White Papers – https://powerledger.io/#papers

BCPG Renewable Energy Partner- http://bitcoinist.com/renewable-energy-trading-comes-to-thailand-power-ledger-and-bcpg-setting-the-pace/

OneVentures venture capital – https://www.smartcompany.com.au/startupsmart/news-analysis/venture-capitalist-says-blockchain-technology-and-cryptoassets-fintech-future/

Coinomi Partner – https://www.financemagnates.com/cryptocurrency/news/power-ledger-coinomi-shake-hands-facilitate-powr-token-sale/

Fremantle blockchain energy project – https://www.smartcompany.com.au/startupsmart/news-analysis/power-ledger-receives-part-8-million-government-grant-fremantle-blockchain-energy-project/

Bancor – https://medium.com/power-ledger/power-ledger-partners-with-bancor-to-maximize-liquidity-of-powr-tokens-as-token-sale-concludes-c6c8ed595fca

LISD – https://medium.com/power-ledger/lisd-and-power-ledger-working-to-democratize-power-in-europe-1eb721c96977

Tech Mahindra – https://www.techmahindra.com/media/press_releases/TechMahindra-PowerLedger-unite-to-unleash-the-powerofMaaS.aspx

 

A decentralized exchange protocol called 0x has raised an undisclosed sum as part of a bid to serve the rapidly growing economy of tokens being created on the ethereum blockchain.

Polychain Capital, Blockchain Capital and Pantera Capital, along with Chinese investment firms Jen Advisors and FBG Capital, all participated in the unusual investment round, announced today, in exchange for a 30% discount on its future tokens.

But those involved know that a decentralized exchange designed to function as a universal, shared order book is only as powerful as its users.

So, in an attempt to get a jumpstart on other decentralized exchanges, 0x co-founder and CEO Will Warren explained that, despite the VC funding, the exchange will be operated as non-profit foundation.

According To the Company Bylaws, At the End of a Financial Year 20% Of the Company’s Profit Is Transferred to an ETH Wallet. The ETH Is Then Redistributed To All Holders of OX Tokens According To Smart Contract Conditions

Official White Paper – https://oxfina.com/OX_whitepaper.pdf

I could not find any partnerships.

We envision a world where people can decide who they want to share their personal information with and what information gets shared.

Civic’s visionary blockchain identity-verification technology allows consumers to authorize the use of their identities in real time. We are spearheading the development of an ecosystem that is designed to facilitate on-demand, secure, low-cost access to identity-verification services via the blockchain.

Credit.com Group Partnership – https://cointelegraph.com/news/linghams-civic-jumps-22-on-creditcom-group-partnership-news

BitGo – https://www.coindesk.com/bitgo-use-civic-id-service-royal-mints-digital-gold-trial/

Vinny Lingham Partnership – http://disrupt-africa.com/2017/12/vinny-lingham-joins-us-cryptofund-as-general-partner/

WikiHow Partner – https://www.coindesk.com/website-wikihow-partners-blockchain-startup-civic/

Other partners such as Jaxx, Operation Stopit, Bankcoin, Token Market, RSK, BNKtothefuture.com

QUOINE LIQUID PLATFORM is a single globally-sourced trading platform with an associated suite of services. Combined, these produce the highest level of liquidity in the world—allowing any individual to access the opportunities and wealth the new Crypto economy offers.

Official Whitepaper – https://s3-ap-southeast-1.amazonaws.com/liquid-site/quoine-liquid_v1.9.pdf

SBI Group – https://news.bitcoin.com/japans-sbi-crypto-businesses-mining/

B Dash Ventures – (In Japanese) http://jp.techcrunch.com/2017/12/07/b-dash-ventures-ico-fund/

Elusive Billionaire Taizo Son is an investor – https://medium.com/@QUOINE/elusive-billionaire-taizo-son-is-an-investor-of-quoine-daafa520f13f

What are some of the more interesting applications that can be created on æternity?
æternity enables a high transaction throughput. Broadly speaking, any type of application that requires high transactional speed will run smoothly on æternity. Here are some of those:

Nano and micro payments.
Smart-contracts using oracles to initiate millions of parallel transactions.
Side-chained blockchain networks that can communicate efficiently and securely.
Multiplayer video games where the rules are enforced by the blockchain. Poker, chess, Go, first person shooter games.
Investment opportunities for ventures that are specializing in predicting the price of food.
Contracts for powering crowdsales to finance public goods and create a sustainable economy.
Lie detectors to know when leaders or experts are hiding the truth.
Prediction markets that can help us better prepare for the future.
Everything else that we (and You) haven’t thought of yet.

Official Whitepaper – https://aeternity.com/aeternity-blockchain-whitepaper.pdf

Blockchain based storage solutions that store a data identifier (e.g. hash) in a blockchain, but store the data ‘somewhere else’ do not improve the security of our data. That ‘somewhere else’ still needs to be secured, and if this data can be deleted, or our access denied these ‘solutions’ are not fit for purpose. The SAFE Network removes people from the management of our information to protect the world’s data.

Yuanbao Forge Asset Trading Partnership – http://allcoinsnews.com/2016/06/15/maidsafe-comes-to-china-with-yuanbao-forge-asset-trading-partnership/

Sia splits apart, encrypts, and distributes your files across a decentralized network. Since you hold the keys, you own your data. No outside company can access or control your files, unlike traditional cloud storage providers.

Sia’s decentralized cloud is on average 10x less expensive than current cloud storage providers. Storing 1TB on Sia costs about $2 per month, compared with $23 on Amazon S3.

Sia stores tiny pieces of your files on dozens of nodes across the globe. This eliminates any single point of failure and ensures highest possible uptime, on par with other cloud storage providers.

I can not find any partners at this time but I will be watching this one because, with a great partnership and capital, it could disrupt Dropbox, Google drive, and Amazon.

We have developed a state-of-the-art marketplace where you can securely and reliably buy and sell any items you wish. Entire stores can be created directly through the marketplace where you can sell your own products or re-sell others’ products for commission.

Like Ebay or Amazon without corporate gouging, political interference, downtime, maintenance or hefty fees. Truly 1:1 global commerce. No middle man.

Microsoft Azure Development Partner – https://www.coindesk.com/press-releases/syscoin-official-microsoft-azure-development-partner/

Blockchain Foundry Partner – http://www.newswire.ca/news-releases/blockchain-foundry-developer-of-the-syscoin-blockchain-protocol-announces-closing-of-33-million-private-placement-financing-665696163.html

 

Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain.

The token can be used to obtain a variety of advertising and attention-based services on the Brave platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.

The latest version the Brave browser enables users to donate money to their favorite YouTube stars using the Basic Attention Token (BAT) payment platform. – https://www.ccn.com/brave-browser-brings-basic-attention-token-platform-to-youtube/

Uphold Partnership – https://basicattentiontoken.org/uphold-to-support-braves-basic-attention-token-the-new-utility-token-for-blockchain-based-digital-advertising/

Duck Duck Go Partner – https://medium.com/@AttentionToken/brave-and-duckduckgo-partner-to-improve-privacy-on-the-web-a03ef8c7a26

Media Partnership – https://steemit.com/cryptocurrency/@pandorasbox/basic-attention-token-confirms-partnership-with-top-3-nyc-media-company

Bytom is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom.

Bytom Passed the SEC “Howey Test”, Becomes the First Non-Securities Public Blockchain Project in the USA – https://www.prnewswire.com/news-releases/bytom-passed-the-sec-howey-test–becomes-the-first-non-securities-public-blockchain-project-in-the-usa-300544823.html

I can not find any partnerships at this time.

If you want more coins added to this list, simply send me a message at https://www.facebook.com/joaquintrading

 

 

 

Cryptocurrency Bubble, Pump & Dump, and The Federal Reserve

Cryptocurrency Bubble, Pump & Dump, and The Federal Reserve

WARNING! – Lots of pictures below. The page may load slower than normal.

A couple of months ago, Bitcoin blazed past $14,000 per coin.

This cryptocurrency kept climbing to 15k…16k…all the way up to almost $20,000 before anyone could blink an eye. This ‘Bitcoin Craze has been weird and awesome but what does society think about it?

In January 2012, bitcoin was featured on a TV show. The host of CNBC’s Mad Money, Jim Cramer, played himself ‘in a courtroom scene’ where he testifies that he doesn’t consider bitcoin a true currency, saying “There’s no central bank to regulate it”.

In real life, Jim says the same, saying, “…sooner or later, this thing’s going to run out of steam.”

In this post, I will attempt to show reasons why cryptocurrencies may not actually run out of steam but may prosper beyond our wildest dreams, in the years to come. The reasons are based on the following lies, that are also seen as truth from the general public. They are:

LIES:

#1 – It’s the same as the DOT COM Bubble!

#2 – Regulation by the Federal Reserve is needed!

#3 – It’s a Pump -N- Dump Scam!


We have all heard and read just about every reason why we should stay away from this ‘asset class’. We have been bombarded as to all the reasons why this cryptocurrency craze will fail in a pool of its own misery but these currencies keep climbing in value. They are climbing far beyond what we all thought they could and a ton of new millionaires have been made through this exchange.

Let’s take a look at the Dot Com Bubble. This bubble was just like any other financial bubble since the beginning of time. People hop on board, in hopes of striking it rich. Some do but most will lose all of their money. The same goes for traders who deal in forex, futures, and stocks. Let’s take a look at some stats and pictures.

Look at the Following 4 pictures…

You can see that this ‘DOT COM Bubble’ of the 2000s did have some players that survived. By looking at the charts above, you can see that these companies took a while to gain back their profits but they were solid companies so they prevailed.

In fact, out of the thousands and thousands of companies back in the late 1990’s, most of the ones that did not do so well were acquired by other companies and less than 1,000 actually went out of business.

Big Media Spews garbage also!

Back in the DOT COM Bubble, big media or the CNNs of the world believed all the hype just as much as the general society did. In fact, they would give stock picks and eeerbody would hop on board like sheep. The following 2 pictures are from CNN Money back in the day.

Now take a look at what happened to the #1 pick of the day!

The fact is that no one knows the future. We are all greedy bastards and will attempt to hop on any asset that we may think may bring us riches. Sometimes the ‘picks’ pay off, like Amazon or Google. Sometimes the picks don’t pay off. This IS NOT new to the cryptocurrency arena! Stock Markets have been doing this crap for years!

Bubbles always have players that survive. They go on to prosper beyond our wildest imaginations.

Let’s take a look at another bubble from 2008. We will observe a winner and a loser.

As you can see there are ALWAYS winners and losers from bubbles. The opinion whether we are in a bubble or not is not the concern. The concern is whether we can use our heads to pick companies that may pay off huge, without risking our entire nest egg and doing stupid crap, in any market condition.

But are we in a bubble?

I don’t know. Neither do you.

There is not one person alive who knows if we are in a bubble or not. This can never be determined until after the fact. Maybe people ‘think’ they know but these are merely accusations and cannot be corroborated until all the data comes in a few years.

From my point of view, we may or may not be in a bubble but the media is touting all this bubble talk right now and I will take a play from the playbook of Warren Buffett.

Be greedy when others are fearful and fearful when others are greedy. – W.B

So let’s take a look at a few graphs and YOU decide whether we are in a bubble.

You see that big blue area? That is the market cap for just the NYSE alone. So you think the NYSE is huge, correct? Well not compared to forex…

Do Cryptocurrencies even compare to traditional bubbles?

You have surely come across many scary charts, all over the internet, talking about the impending demise of everyone who invests a dime into cryptocurrencies. I decided to look at the numbers myself.

Let’s take a look at the market cap of the last 2 bubbles and compare them to all of the money invested in cryptocurrencies right now.

I don’t see a bubble. I don’t even see anything that remotely calls for a bubble. The only cryptocurrency that may seem like a bubble is Bitcoin. All of the rest are following general trend following guidelines and are in the realm of normal market conditions.

How many Americans own cryptocurrencies, compared to those who own stocks, portfolios, or investments of any kind?

Currently, about 48% of Americans own investments of some sort, according to CNBC. Let’s compare this to the percentage of people who own cryptos.

3.5% of people own at least 1 cryptocurrecny coin. This doesn’t scream ‘BUBBLE!’ to me.


Here is another popular graph from internet land (I think their $10 trillion market cap is a bit high but just go with it for a minute.)…

So you decide. Are we in a bubble?

I personally believe that whether we are in a bubble or not, the media is trying to make the populous think whatever they want them to, as usual. The media (CNN, FOX Business, CNBC, etc…) are all owned by entertainment companies that only get paid by advertisers. These entertainment companies always have to create controversy in order to bring in more revenue.

This is just how big media and Wall Street works.

When we speak of pump and dump, this refers to a ‘Guru’ who typically talks up a certain asset like, “Buy now! This ONE stock is the future!” The guru waits until the price is ‘pumped up’ and then sells his shares at the top.

Here is a visual representation…

This happens A LOT in the stock market. Below, you will see a picture of this in play. Can you spot the 2 pump and dumps?

 

This is prevalent in the stock market, futures markets, forex, and now cryptocurrencies. It is no new thing and is certainly not just attributed to the cryptocurrency market. Here is a picture of a cryptocurrency Pump and Dump.

 

Do you see similarities of the 2 charts above? One is from the stock market and the other is a crypto. It’s the same dang thing, people!

How is this different?

It’s not. The same market manipulation, that the stock market has, is also prevalent in the crypto realm. The only difference is that the crypto market is not highly regulated yet because of the ‘newness’ of this arena.

The U.S. Stock Market has been around for about 200 years. The public ledger, blockchain technology, and/or Bitcoin has been around since 2008 (Only 9 years).

This crypto market is extremely new and is currently going through growing pains. It does need some forms of regulation but this technology was created so that regulation isn’t needed as much. We will dive into this topic in the next section.

The Federal Reserve is the central bank of the United States of America and every country has a central bank of some sort. Central banks have played a key role in controlling the money supply but sometimes central banks suck balls.

A case in point is the bank of Zimbabwe. Their currency went bust in 2009 when 1 U.S. Dollar equaled 100 TRILLION Zimbabwean dollars. NO SH*T!

It’s not just the Zimbabwe Dollar either. The devaluation of our labor, across the world, has dropped so fast for the past 100 years that people are pissed! People are fed up with the Federal Reserve and every other central bank on Earth. We humans believe that our governments are totally shafting us.

Take a look at the value of the Almighty U.S. Dollar!

Look at it like this…

100 years ago, $100 would buy $100 worth of goods and now, we can only buy $3.48 cents worth. It would be the same as Bill buying a new Monitor for $100 but James can only buy a soda and candy bar. The value has dropped so much that people are ready for a change!

It’s not just the U.S. Dollar, either!

Take a look at the Japanese Yen. I will not take into account anything before World War 2.

Here is a picture of the British Pound

My Lord! The GBP has been dropping in value for almost 300 flipping years!

If we keep on at this rate, how much will our value decrease moving forward?

The governments of the world are totally screwing us and everyone knows it.

 

Since all the governments and central banks of the world are screwing the people and since he who has all the money wins, a mysterious guy (or girl… We don’t know), named Satoshi Nakamoto comes onto the scene.

This character has the gall to take on the governments of the world?!?!

He created a technology called Block Chain. This would lead innovation to further technologies such as Hash Graph, Different Distributed Ledgers, and the sort. The main reason why cryptos will, in my humble opinion, take off is the fact that they are public. Everyone on Earth can see any transaction.

If everyone can see every transaction, society as a whole can keep everything straight and in order. There can be no manipulation of orders. There can be no faking. In essence, we can take care of ourselves and do it better than any central bank could even dream of.

We can create a currency that actually INCREASES in value, instead of declining. No longer will we line the pockets of politicians(who get paid off by companies) to manipulate our currency and livelyhood.

What can Block Chain, Distributed Ledgers, and Hash Graph do, other than issue crypto coins?

OMG! What can it NOT do?

Imagine the following scenario…

Used Cars…

Frank wants to buy his son a used car for his birthday. He goes to the car lot and purchases a car. Frank even looks at the Carfax.

Frank drives the car off the lot and WHammo! The transmission stops working.

Frank has no recourse.

Imagine if every single transaction from every oil change, wiper purchase, etc… was publically available for any vehicle transaction, on the blockchain? What if Frank could see things that were hidden from Carfax? The technology is HERE NOW! We just are not using it yet.

The Medical Industry

What if all hospitals, doctors, or labs instantly had your medical records that were all stored in the same place? No need for releases because you filled that out one time… Not every time for every medical office. You no longer need to keep track of where each piece of information is.

Charities

Today is the day after Christmas and everyone is still in the spirit of giving. What if we could actually see where every dollar of our giving was spent? What if it all happened in real time? Maybe we could promote the charities that do well and stop giving to the ones that just plunder the funds.

Purchases & Refunds

How many times have you purchased a product online? The payment goes through instantly. Now ask for a refund and what do we all hear?… ” Your refund will be back into your account in 5-10 business days.”

WTF, Man!?!?! I call BS!

People know that a refund COULD happen instantly and we know that companies want to hold onto those funds as long as they possibly can. The blockchain solves this. Everything can be darn near instant for everything. Do you want a refund? No problem. Boom! It’s done.

A word about regulation

The cryptocurrency world is riddled with crime, just like the stock markets and the forex markets. Regulation will play a key role but not in the way regulators have done it in the past.

So far, regulators have done a fair job in protecting people and the crypto market has a way to go. This market is going through growing pains but it has to start somewhere. As this market evolves, regulation will come.

Until then, we as traders must be prepared to lose every single dollar we have invested, just in case. Without investors taking risk, there would never be a market anywhere in the world. Every stock market started the exact same way… without oversight.

But guess what? A large majority of oversight can actually be right there on the damn blockchain, right before your eyes. The only ‘major’ regulation that needs to come should be focussed on eliminating hackers and that’s pretty much it.

Crypto Currency is here to stay, regardless of what you believe. We live in a technology-driven world and will never turn from that, barring an EMP or worldwide hack or something. Get used to it.

We have looked at several things in today’s paper. We have seen that the crypto markets can be and actually are manipulated to a point. Guess what? So are the Stock markets of the world.

We have learned that Central banks don’t have your best interest at heart.

We have learned that you can make money in the crypto realm, as well as any other trading vehicle. You can also lose your a$$!

Rules to help you keep your money

 

ONE – Trade Lower Cost Assets.

If you trade a $15,000 crypto, such as Bitcoin, and it drops to zero, you have just lost $15K. Instead of doing this, try to get in to smaller cap cryptos. You can find many for around a dollar.

Some of these companies, such as NXT or Ripple, are actually great companies that already perform great services. These are not ‘Fly by night’ scams. These are real and tangible assets. I own Ripple, NXT, Stellar, and several other low-cost assets.

If these fall to zero, how much have I lost?

…About a dollar. I may own a lot of these so I will have to multiply that by the number of coins I own but I still have to do that with anything… Shares, Bitcoin, or whatever.

You can even pick up great coins for a hundred bucks if that’s your thing.

TWO – Give yourself an amount to lose.

Give yourself an amount of money to lose. Don’t go mortgaging your house because that’s just absurd. Use your head.

THREE – Check out the company!

Don’t trade any asset just because you heard it on CNBC or a Facebook group. This is also absurd. Check out the company and make sure they actually offer a product or service. Look at how they operate. Look at their management team. I am not asking you to understand everything. You do need to know, however, if the company has a ‘follow through’.

Can they stand the test of time? Many companies can not.

FOUR – Wrap it up.

Now after you have found some low-cost assets, an amount you are fully willing to lose and have researched a company, I say do what you may because at least you have done your due diligence. You have just as much of a chance to strike gold as any hedge fund on Wall Street if you research enough.

CONCLUSION

Do your own due diligence.

Keep your head on straight.

Get prepared for a new world.

 

 

How I made over a 500%+ return with Bitcoin Mania, Ripple, NXT, and Stellar

How I made over a 500%+ return with Bitcoin Mania, Ripple, NXT, and Stellar

Blockchain, Crypto Wallets, and about a hundred other terms. What does it all mean?

(There is an amendment at the end of this blog. Something interesting happened while I was writing this…)

If you are like the vast majority of the population, you are wondering what all this Bitcoin stuff is all about. Why are people yelling to the rooftops about this cryptocurrency, among others. In this little narrative, I am going to tell you about why you don’t have to know anything about cryptocurrency to potentially make money with these unique investment vehicles.

Why did I invest in cryptocurrencies?

First of all, I have a mentor who has been screaming at me for years to hop on board with the cryptos. I did not heed his warning and now I am a bit late to the punch. That’s OK though. It is better to be late than to never invest at all.

I have been watching bitcoin for a long time but I have also noticed there were other cryptocurrencies that have been popping up all over the place. My biggest question has always been, ” Which one do I invest in?” There are hundreds of these electronic coins so I don’t know which one will go to the moon.

The Bible tells me to diversify my investments. Solomon actually left us with some investment advice about proper diversification in:

Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”

I told you that to tell you this. I can say with accuracy that I have been very successful in generating an income from cryptocurrencies, EVEN THOUGH I DON’T KNOW WHAT I AM DOING! We don’t need to know all the ins and outs in order to make money.

How much Money have I made so far? Well I will tell you that I have made well over a 500% return. The following shows visual representations of what I have bought. First off, I have bought and sold bitcoin all the way up on its fantastic rise. I am too afraid to buy it as an investment vehicle now because I believe that it has gone parabolic and will eventually crash. This may be wrong but I do not want to be on the other side of a wrong trade if this thing tanks so I am out fo this asset for now. I have, however, been acquiring some others…

You can see the chart of Bitcoin above. If you are a trader, you will see why it is very hard for me to buy this asset right now. Below are the ones I am invested in.

This is a chart of Ripple. What is Ripple you ask? Heck I don’t know! It is a cryptocurrency that is rising and has the potential to rise a lot more. Right now, price has risen 100% from the time I bought it and the price is still around 50 cents per coin.

Why did I invest in Ripple?

Look at it like this. I have invested a few hundred dollars into something that could potentially make me very… VERY wealthy. In fact, a buddy of mine acquired 109,000 of these coins so if this thing shoots up to $100 (which it will if this crypto craze trend continues), he will be a multimillionaire. I will as well. What if it shoots up to where bitcoin is right now? Well we will both have our families taken care of for the next 500 years! All of this was purchased for just a small amount of cash.

I bought Stellar initially at 3 cents. 3 Frikken Cents!!!

Let’s do some math. If a person invested in 100,000 coins at 3 cents each, he is risking $3,000.

If price goes up to only $1 per coin, this $3,000 investment is now worth $300,000

Pretend the price goes up to $100 per coin… this $3k investment will now be worth $30Million!

This is why I did it.

The same goes for this crypto I bought. I got in, initially, at 6 cents. It is now worth 67 cents. (I am sitting pretty happy right now. I am waiting for it to go to a dollar, then 5 dollars, then 100 dollars. For just a small amount of pocket change, I have the opportunity to change the world.

How can Crypto Traders change the world?

Well think about it… Why did cryptos come into our world in the first place? An online profile named Satoshi Nakamoto (Whoever the crap that is) created bitcoin so that people could transact without the involvement of government. The reason I suspect is that the majority of people investing in these assets know the governments of the world have been shafting the people for hundreds of years and we are sick of it and guess what?

No government can shut down cryptocurrencies. It is impossible. They can’t put their grimy hands on it! They can try. A government can make regulations. When its all said and done however, no government will ever know if I own 1 coin or a hundred billion coins. It is impossible for them to find out.

What if this crypto craze leads us into a new world where the people actually control the governments instead of the other way around?

Chew on that!

What do I know about Cryptocurrencies?

Nothing. Period.

I have a general understanding of the way a blockchain works but that’s about it. That’s ok though. You don’t have to know everything in order to buy and hold or buy and sell when price rises.

What is the risk?

If you EVER see anyone out there (and there are a lot of turd spewing this garbage) that says, ” Invest risk free”, then run the other way! There will always be risk. You can lose every penny you invest. The great thing is that some cryptos are prices so low that almost ANYONE can afford to invest. Ripple, Stellar, NXT, and others are less than a dollar per coin.

How do I know that the coin I purchase is going to rise?

You don’t. Stop being absurd. They will not all rise. Most will fail. What if you invested and actually pick the one that will rise? If the amount you invested is small then don’t worry about it. Sit back and let the market work for you.

An Optimal Portfolio of only $100

Here is where it gets pretty interesting. Most people will never invest in stocks due to all the fees and the exchanges and brokers make it so damn difficult to know what you are doing with all the rules, terminology, and all that junk. People will begin investing in cryptos because it is easy and can be learned in a day. Imagine the following scenario…

Jimbob Jimmy Johnface has $100 to invest and puts $33 in Ripple, $33 in Stellar, and $33 in NXT. What if just one of them goes to $100 per coin?

NXT PRice is currently 67 cents. $33 will buy 49 coins. At $100 per coin, your account is now worth $4,900.

Ripple Price is 50 cents. $33 will buy 66 coins. At $100 per coin, your account is now worth $6,600.

Stellar price is 15 cents. $33 will buy 220 coins. At $100 per coin, your account is now worth $22,000.

This is if only 1 of them reaches $100 per coin. Imagine if you own thousands of coins.

It’s a no briner to me.

What if the new Stock Market arises?

Here is something else to think about…

We have a stock market but what if we had an actual crypto market with thousands of listed coins, just like the NYSE or Nasdaq? It is possible and may actually happen over the next 20 years.

In conclusion…

This may all be a scam. We don’t know yet. ..but what if it’s not? Who would have thought Bitcoin would go to $18,000 in such a short period of time? What do we have to lose? A few thousand bucks to potentially change the world?

#invest wisely

#donttradewithmoneyyoucantaffordtolose

I finished writing this blog 15 minutes ago but look what just happened…

It’s still not too late to get in.