Cannabis Trader Scam or Legit? RESULTS of the $250 Test 2019

Subreddit Stats: CryptoCurrency top posts from 2017-06-16 to 2020-03-29 14:02 PDT

Period: 1017.08 days
Submissions Comments
Total 934 259273
Rate (per day) 0.92 254.49
Unique Redditors 752 54249
Combined Score 2439059 2983723

Top Submitters' Top Submissions

  1. 55770 points, 8 submissions: DestroyerOfShitcoins
    1. CryptoNick is deleting all of his BitConnect videos, and so are his buddies. Please never forget what he and his cohorts did to so many people, and how much money those people lost in the process thanks to CryptoNick, Trevon James, and Craig Grant! (26497 points, 3056 comments)
    2. Listen up folks, if you "did", or still do promote cryptocurrency related scams, you will be called out on it via this sub-Reddit. We don't care about you, or your ill-gotten gains, we care about the general well-being of our community first and foremost. (17888 points, 1277 comments)
    3. So no one else finds it a bit odd that Verge is actually going up in price in a bear market, after a hack attack, after being outed for paying McAfee to promote it, and after the 1 developer begged for money from his own community to allegedly help pay his taxes? (2548 points, 867 comments)
    4. Not 2 days after the fall of BitConnect, and Trevon James is already promoting his next Ponzi scheme affiliate program in his latest video called Davor... the nerve of this guy! (2230 points, 412 comments)
    5. Cryptonick is selling a cryptocurrency course for $497, and yet he doesn't even know the difference between a public key and a private key... welcome to crypto folks! (1803 points, 238 comments)
    6. You guys have to stop expecting any of these business men of old to champion "decentralized" cryptocurrencies... it's just not going to happen. (1790 points, 449 comments)
    7. The bulls are back baby, and Ethereum is taking over the pairing business on exchanges... it's about time! (1642 points, 733 comments)
    8. Trevon James, legendary BitConnect scammer gets caught trying to cheat on Steemit, by up-voting shit on a fake account to make money... has this guy ever done anything honest in his entire life? (1372 points, 192 comments)
  2. 47580 points, 13 submissions: coinmoon_com
    1. Nasdaq is open to becoming cryptocurrency exchange, CEO says (17168 points, 830 comments)
    2. Facebook bans crypto advertising. Then says it’s working on its own crypto coin. Hypocrites! (6036 points, 335 comments)
    3. JUSTICE: Bitconnect Leader Arrested (4283 points, 315 comments)
    4. Apparently there is no SEC hearing on Ethereum today and it is all just orchestrated FUD. (2863 points, 437 comments)
    5. Nasdaq May Launch Bitcoin Trading in October 2018 (2650 points, 182 comments)
    6. UPbit audit confirms South Korea’s biggest Cryptocurrency Exchange was not at fault. It was all just FUD! (2328 points, 110 comments)
    7. LET THIS SINK IN: "Bitcoin has the potential to become the first worldwide currency and we're trying to make that happen" - NYSE Owner (2224 points, 587 comments)
    8. Coinbase Survey Shows 18% of all US Students Now Own Cryptocurrency (1793 points, 331 comments)
    9. Beyond Huge! With $10.7 trillion worth of assets under custody and administration, Northern Trust opens doors to Cryptocurrency hedge funds (1770 points, 143 comments)
    10. CNN Video: "People around the world are starting to trust Bitcoin more than the Central Banks". Damn Right! (1679 points, 434 comments)
  3. 44336 points, 8 submissions: arsonbunny
    1. Why we won't have a long term bear market, and how to systematically pick your future investments in crypto (14599 points, 917 comments)
    2. I've created an Excel Crypto Portfolio Tracker that draws live prices and coin data from CoinMarketCap.com. Here is how to create your own. (12287 points, 687 comments)
    3. Want to start fresh after the crypto crash? Here is a comprehensive guide on how to invest and prosper over the long term. (6087 points, 636 comments)
    4. This sub is a mess and needs to get out of the anger stage: How to move forward from the crash if you're a bagholder (3356 points, 392 comments)
    5. Understanding Tether: Why it accounts for a substantial part of the crypto market cap and why its the #1 outstanding issue in crypto markets today (2703 points, 709 comments)
    6. How and why exchanges are manipulating the price in order to capitalize on the new market dynamics (2361 points, 491 comments)
    7. I built these 3 fundamental valuation models for Bitcoin in Excel. Details in the comment. (1507 points, 109 comments)
    8. Understanding Bitcoin Futures: How they work and why they are NOT going to crash the crypto market (1436 points, 122 comments)
  4. 25819 points, 15 submissions: Kashpantz
    1. When you are a known scammer in the crypto space and get called out by one of your investors. Exciting times indeed. (2568 points, 237 comments)
    2. The Gloves Are Off. Ripple laying into J.P Morgan As They Enter The Crypto Space. (2091 points, 555 comments)
    3. The Scam That Is Volitility & Fees (2077 points, 322 comments)
    4. Crypto Explained By The Simpsons (2005 points, 134 comments)
    5. When Investingin In The Stocks Seems Crazy. (1983 points, 284 comments)
    6. Pretty much this sums it up for crypto and politics. (1831 points, 118 comments)
    7. Don't look at ATHs, the story starts when you look at ATLs. (1783 points, 223 comments)
    8. When things go bad in Argentina... Use Crypto (1782 points, 195 comments)
    9. Is this unjust? Where a bank can shut you down for investing in the cannabis industry even if it's legal in your country or state? A perfect use case for crypto where it is borderless and censorship resistant. No longer the banks are the gatekeepers of our own money. (1658 points, 280 comments)
    10. Some Simple Tips to Avoid Traps in the Crypto Sphere. (1558 points, 251 comments)
  5. 20147 points, 1 submission: Suuperdad
    1. I will tell you exactly what is going on here, this is critical information to understand if you are going to make money in this space. How prices work, and what moves them - and it's not money invested/withdrawn. (20147 points, 1442 comments)
  6. 19965 points, 1 submission: Gabriel-Lewis
    1. Robinhood is launching a Crypto Trading app to compete with Coinbase (19965 points, 3895 comments)
  7. 19632 points, 1 submission: sash187
    1. Checkmate, Bill. (19632 points, 1097 comments)
  8. 18484 points, 1 submission: x2P
    1. Delta's app store description seems appropriate today. (18484 points, 317 comments)
  9. 17374 points, 4 submissions: Rupispupis
    1. When you're holding altcoins but your friends only heard of Bitcoin and all congratulate you because they think you had an incredible day (12352 points, 587 comments)
    2. It'd be sad if it wasn't funny (2174 points, 108 comments)
    3. Brave uncovers widespread surveillance of UK citizens by private companies embedded on UK council websites (1625 points, 80 comments)
    4. Ask, and ye shall receive (1223 points, 93 comments)
  10. 17265 points, 2 submissions: mtimetraveller
    1. The true power of Bitcoin 🔥 (14638 points, 1274 comments)
    2. Microsoft Excel recognizes Bitcoin as a currency (2627 points, 163 comments)

Top Commenters

  1. arsonbunny (13668 points, 114 comments)
  2. martinkarolev (5448 points, 48 comments)
  3. hanzyfranzy (5299 points, 6 comments)
  4. Toyake (5151 points, 254 comments)
  5. Bungwads (5078 points, 1 comment)
  6. throwawayLouisa (4784 points, 408 comments)
  7. Raymikqwer (4768 points, 71 comments)
  8. JohnDalysJohn (4768 points, 2 comments)
  9. Thefriendlyfaceplant (4410 points, 324 comments)
  10. rockyrainy (4306 points, 117 comments)

Top Submissions

  1. CryptoNick is deleting all of his BitConnect videos, and so are his buddies. Please never forget what he and his cohorts did to so many people, and how much money those people lost in the process thanks to CryptoNick, Trevon James, and Craig Grant! by DestroyerOfShitcoins (26497 points, 3056 comments)
  2. I will tell you exactly what is going on here, this is critical information to understand if you are going to make money in this space. How prices work, and what moves them - and it's not money invested/withdrawn. by Suuperdad (20147 points, 1442 comments)
  3. Robinhood is launching a Crypto Trading app to compete with Coinbase by Gabriel-Lewis (19965 points, 3895 comments)
  4. Checkmate, Bill. by sash187 (19632 points, 1097 comments)
  5. Delta's app store description seems appropriate today. by x2P (18484 points, 317 comments)
  6. Listen up folks, if you "did", or still do promote cryptocurrency related scams, you will be called out on it via this sub-Reddit. We don't care about you, or your ill-gotten gains, we care about the general well-being of our community first and foremost. by DestroyerOfShitcoins (17888 points, 1277 comments)
  7. Nasdaq is open to becoming cryptocurrency exchange, CEO says by coinmoon_com (17168 points, 830 comments)
  8. The true power of Bitcoin 🔥 by mtimetraveller (14638 points, 1274 comments)
  9. Why we won't have a long term bear market, and how to systematically pick your future investments in crypto by arsonbunny (14599 points, 917 comments)
  10. Great news from Korea! Banks will allow cryptocurrency trading again from today and next week account registration is opened again. by riverflop (13419 points, 462 comments)

Top Comments

  1. 5078 points: Bungwads's comment in Checkmate, Bill.
  2. 4792 points: hanzyfranzy's comment in Bitcoin breaches $4000 in 15 minutes. What is happening 😳
  3. 3630 points: eNte19's comment in Enjoy the massacre. It could be a once in life opportunity.
  4. 3533 points: sakata_gintoki113's comment in Russian nuclear scientists arrested for trying to use one of Russia's most powerful supercomputers to mine Bitcoins
  5. 3462 points: JohnDalysJohn's comment in CryptoNick is deleting all of his BitConnect videos, and so are his buddies. Please never forget what he and his cohorts did to so many people, and how much money those people lost in the process thanks to CryptoNick, Trevon James, and Craig Grant!
  6. 2988 points: Xgatt's comment in CryptoNick is deleting all of his BitConnect videos, and so are his buddies. Please never forget what he and his cohorts did to so many people, and how much money those people lost in the process thanks to CryptoNick, Trevon James, and Craig Grant!
  7. 2909 points: dankmeter's comment in Coinbase/GDAX Warning - $50,000 Wire DEPOSIT Missing Since December 12th
  8. 2884 points: regecide2025's comment in No one was complaining about "manipulation" when it was going up from 2500 to 20,000 in less than 6 months.
  9. 2854 points: harambissimo's comment in Who would win?
  10. 2781 points: LivingWithWhales's comment in ETH has passed $900 and has retaken the #2 market cap spot from XRP
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

What are the top #10 crypto coins everyone should know?

Top 10 Crypto Coins you might not (yet) have heard about (but are important to know)

Ever heard of Bitcoin, Bitcoin Cash and maybe Ether? That‘s a rather rhetorical question as you have somehow found your way to this article. Knowledge about the existence of crypto currencies, mostly about bitcoin is part of the technology mainstream. About 9 out of 10 Americans have knowledge about bitcoin as latest enquiries show. That raises two interesting questions:

1) How far along the way is the mass adoption of crypto currencies worldwide?

Everybody knowing about something should mean also everybody using it, correct? For bitcoin (and also other crytos) that does not seem to be true. There are around 35 million bitcoin wallets worldwide and around 50 million bitcoin users. That is not even 1% of our global population. Bitcoin and other cryptos are still not part of everyday life for the majority of humanity. If this feels different for you you might be living in a bubble. The adoption however is an important measure when it comes to anticipating a future price increase in the value of bitcoin. Which leads us to the second interesting question:

2) What are the crypto coins that are less well known but still show potential

Besides bitcoin there are other crypto currencies, also called alternative coins or altcoins. Bitcoin is the dominant crypto coin capturing a overall market cap of around 70% – 75%. This means that from all investments done into cryptos around 70% – 75% are placed into bitcoins. Whenever there is a bull rally in the markets, altcoins tend to outperform the market leader bitcoin. Imagine this effect similarly to the S&P 500 Index encompassing the top 500 US companies. When the S&P 500 Index value increases 1% this can mean that one index constituent actually increased by 30% in value pushing the overall index value.
Here a list of interesting altcoins you might want to follow more closely in the future (not connected to any type of investment advice whatsoever):
Waves (WAVES)
Waves is the coin of the Waves platform, a blockchain platform for custom tokens. Custom tokens target a mass market and allow users with limited technical knowledge to build virtually any type of use case based on the token. Waves USP is user friendliness as well that reflects in their lite wallet as well.
Vertcoin (VTC)
Vertcoin calls itself the peoples coin which refers to Vertcoin‘s goal to be so easy that everyday people with desktop computers can mine Vertcoin. Vertcoin, on the market since 2014, aimed to equal out disadvantages of bitcoin by for example applying a proof-of-work mechanism with Lyra2REv3 as underlying hash function.
PotCoin (POT)
PotCoin aims to become the number one currency for the constantly growing cannabis industry. The initial idea was to have a payment method in place that would facilitate transactions in the legal marijuana industry – a industry still underserved by the classical banking sector. In 2015 PotCoin moved to a proof-of-stake mechanism.
Monero (XMR)
Monero‘s focus is anonymity. Unlike for example bitcoin, money in- and outflows are not publicly visible on Monero‘s blockchain. Transaction mining is also not possible as Monero is mixing transaction in such a manner that is basically impossible to reverse engineer useful information out of the data.
Komodo (KMD)
Komodo, in its core based on bitcoins blockchain, was launched to equal out the many disadvantages of Bitcoin. The ambition of Komodo reflects in the vast amount of features and coming features this coin is equipped with. Komodo started by allowing for real anonymity in transactions.
Dogecoin (DOGE)
Dogecoin started as a joke, as a parody to Bitcoin and its skyrocking success. In its core Dogecoin is similar to bitcoin or litecoin respectively. The biggest difference however is that (unlikes bitcoins 21 million coins limit) there is no limit for mining Dogecoins.
DigiByte (DGB)
If you feel that bitcoin is slow, insecure and bulky then DigiByte should be your coin of choice. It was created having mainly cybersecurity in mind. DigiByte is several times faster compared to Bitcoin and the coins have very favorable security features build in making it safer to use and creating use-cases in the IoT space for example.
Decred (DCR)
Decred is bringing grasroot democracy to the crypto world. With Bitcoin the complete power over the blockchain is in the hand of the miners. With Decred this power is split within the stakeholders (developers, miners and investors) by a transparent reward system. In addition to that Decred has many innovative features build in.
Dash (DASH)
Dash coin was designed with keeping an eye on user privacy. Transactions are not publicly accessible and mixed in a manner that it‘s impossible to reverse engineer. Dash became famous when they offered easy accessibility to their network for the inhabitants of Venezuela during their economic crisis.
BlackCoin (BLK)
BlackCoin was build with the focus to be fully working on the Proof-of-Stake principle, making it very fast in validating transactions. That not only makes it fun to use but is actually creating use-cases such as in e-commerce where a fast payment confirmation is critical.
Litecoin (LTC)
Litecoin was build as a competitor to Bitcoin and is one of the best known altcoins. Litecoin is fast in creating blocks (2,5 minutes) making validating transactions faster as well. Mining is distributed among the miners much better than bitcoin making centralisation much harder.
The featured coins here are subject to many risk factors including full or partial loss of value. The feature is not intended to serve as investment advice.

Are you among the winning early adopters?

All mentioned coins can be used to purchase anonymous domains and related anonymous webservices on our website BitDomain.BIZ. The reason for that is that early adoption has proven to be a winning strategy in the crypto space. That is why at BitDomain.BIZ we are constantly accepting new and promising crypto coins to purchase our anonymous digital publishing services.
submitted by FrankBitDomain to u/FrankBitDomain [link] [comments]

What are the top #10 crypto coins everyone should know?

Top 10 Crypto Coins you might not (yet) have heard about (but are important to know)

Ever heard of Bitcoin, Bitcoin Cash and maybe Ether? That‘s a rather rhetorical question as you have somehow found your way to this article. Knowledge about the existence of crypto currencies, mostly about bitcoin is part of the technology mainstream. About 9 out of 10 Americans have knowledge about bitcoin as latest enquiries show. That raises two interesting questions:

1) How far along the way is the mass adoption of crypto currencies worldwide?

Everybody knowing about something should mean also everybody using it, correct? For bitcoin (and also other crytos) that does not seem to be true. There are around 35 million bitcoin wallets worldwide and around 50 million bitcoin users. That is not even 1% of our global population. Bitcoin and other cryptos are still not part of everyday life for the majority of humanity. If this feels different for you you might be living in a bubble. The adoption however is an important measure when it comes to anticipating a future price increase in the value of bitcoin. Which leads us to the second interesting question:

2) What are the crypto coins that are less well known but still show potential

Besides bitcoin there are other crypto currencies, also called alternative coins or altcoins. Bitcoin is the dominant crypto coin capturing a overall market cap of around 70% – 75%. This means that from all investments done into cryptos around 70% – 75% are placed into bitcoins. Whenever there is a bull rally in the markets, altcoins tend to outperform the market leader bitcoin. Imagine this effect similarly to the S&P 500 Index encompassing the top 500 US companies. When the S&P 500 Index value increases 1% this can mean that one index constituent actually increased by 30% in value pushing the overall index value.
Here a list of interesting altcoins you might want to follow more closely in the future (not connected to any type of investment advice whatsoever):
Waves (WAVES)
Waves is the coin of the Waves platform, a blockchain platform for custom tokens. Custom tokens target a mass market and allow users with limited technical knowledge to build virtually any type of use case based on the token. Waves USP is user friendliness as well that reflects in their lite wallet as well.
Vertcoin (VTC)
Vertcoin calls itself the peoples coin which refers to Vertcoin‘s goal to be so easy that everyday people with desktop computers can mine Vertcoin. Vertcoin, on the market since 2014, aimed to equal out disadvantages of bitcoin by for example applying a proof-of-work mechanism with Lyra2REv3 as underlying hash function.
PotCoin (POT)
PotCoin aims to become the number one currency for the constantly growing cannabis industry. The initial idea was to have a payment method in place that would facilitate transactions in the legal marijuana industry – a industry still underserved by the classical banking sector. In 2015 PotCoin moved to a proof-of-stake mechanism.
Monero (XMR)
Monero‘s focus is anonymity. Unlike for example bitcoin, money in- and outflows are not publicly visible on Monero‘s blockchain. Transaction mining is also not possible as Monero is mixing transaction in such a manner that is basically impossible to reverse engineer useful information out of the data.
Komodo (KMD)
Komodo, in its core based on bitcoins blockchain, was launched to equal out the many disadvantages of Bitcoin. The ambition of Komodo reflects in the vast amount of features and coming features this coin is equipped with. Komodo started by allowing for real anonymity in transactions.
Dogecoin (DOGE)
Dogecoin started as a joke, as a parody to Bitcoin and its skyrocking success. In its core Dogecoin is similar to bitcoin or litecoin respectively. The biggest difference however is that (unlikes bitcoins 21 million coins limit) there is no limit for mining Dogecoins.
DigiByte (DGB)
If you feel that bitcoin is slow, insecure and bulky then DigiByte should be your coin of choice. It was created having mainly cybersecurity in mind. DigiByte is several times faster compared to Bitcoin and the coins have very favorable security features build in making it safer to use and creating use-cases in the IoT space for example.
Decred (DCR)
Decred is bringing grasroot democracy to the crypto world. With Bitcoin the complete power over the blockchain is in the hand of the miners. With Decred this power is split within the stakeholders (developers, miners and investors) by a transparent reward system. In addition to that Decred has many innovative features build in.
Dash (DASH)
Dash coin was designed with keeping an eye on user privacy. Transactions are not publicly accessible and mixed in a manner that it‘s impossible to reverse engineer. Dash became famous when they offered easy accessibility to their network for the inhabitants of Venezuela during their economic crisis.
BlackCoin (BLK)
BlackCoin was build with the focus to be fully working on the Proof-of-Stake principle, making it very fast in validating transactions. That not only makes it fun to use but is actually creating use-cases such as in e-commerce where a fast payment confirmation is critical.
Litecoin (LTC)
Litecoin was build as a competitor to Bitcoin and is one of the best known altcoins. Litecoin is fast in creating blocks (2,5 minutes) making validating transactions faster as well. Mining is distributed among the miners much better than bitcoin making centralisation much harder.
The featured coins here are subject to many risk factors including full or partial loss of value. The feature is not intended to serve as investment advice.

Are you among the winning early adopters?

All mentioned coins can be used to purchase anonymous domains and related anonymous webservices on our website BitDomain.BIZ. The reason for that is that early adoption has proven to be a winning strategy in the crypto space. That is why at BitDomain.BIZ we are constantly accepting new and promising crypto coins to purchase our anonymous digital publishing services.
submitted by FrankBitDomain to u/FrankBitDomain [link] [comments]

All Of The Weedcoins, POT, THC, SMOKE, PRG, TKS, DOPE, CANN, MRJA, GRWI, KUSH, GRMD, CCN, STV, CNNC, BGR, MAR, BLAZR, BUBO, are Shitcoins

All Of The Weedcoins, POT, THC, SMOKE, PRG, TKS, DOPE, CANN, MRJA, GRWI, KUSH, GRMD, CCN, STV, CNNC, BGR, MAR, BLAZR, BUBO, are Shitcoins

https://preview.redd.it/r6nvz6g643521.png?width=594&format=png&auto=webp&s=35fc73c6393a7d3f884ed40aba5e5fc2193be304
https://cryptoiq.co/all-of-the-weedcoins-pot-thc-smoke-prg-tks-dope-cann-mrja-grwi-kush-grmd-ccn-stv-cnnc-bgr-mar-blazr-bubo-are-shitcoins/
The War On Shitcoins Episode 7: Weed-Themed Coins including Including PotCoin (POT), Paragon (PRG), SMOKE, Tokes (TKS), HempCoin (THC), Marijuana Coin (MAR), CannabisCoin (CANN), CannaCoin (CCN), DopeCoin (DOPE), BlazerCoin (BLAZR), GreenMed (GRMD), Growers International (GRWI), Cannation (CNNC), Bongger (BGR), Sativacoin (STV), KushCoin (KUSH), GangaCoin (MRJA), Budbo (BUBO). The war on shitcoins is a Crypto.IQ series that targets and shoots down cryptocurrencies that are not worth investing in either due to their being scams, having serious design flaws, being centralized, or in general just being worthless copies of other cryptocurrencies. There are thousands of shitcoins that are ruining the markets, and Crypto.IQ intends to expose all of them. The crypto space needs an exorcism, and we are happy to provide it.
There are numerous cryptocurrencies that are nothing more than copies of other cryptocurrencies with marijuana logos slapped on. Perhaps the developers of these cryptocurrencies were running dry and decided to do an ICO or premine in order to fill their war chest with marijuana. Whatever the motives may be, the human race has created 18 weed-themed cryptocurrencies. Each one will be reviewed and properly burned below.
Potcoin (POT) is one of the earliest marijuana-themed cryptocurrencies, having launched in 2014, and has a market cap of $2.7 million. Shockingly, the POT market cap approached $100 million during the 2017 crypto craze. POT is branded as a global solution for the $100 billion global marijuana industry, but obviously, the global marijuana industry has never embraced Potcoin based on the volume of less than $3,000 per day as of this writing. It is actually nonsensical that marijuana enthusiasts would want to be holding and transacting POT since having POT labeled on all of their transactions is much less anonymous than using Bitcoin. POT started as PoW and eventually switched to PoS and has no unique capabilities or characteristics. Since POT’s only unique trait is a weed logo, it is clearly a shitcoin. For each weed-themed cryptocurrency CryptoIQ will give it a classification stoners understand. Since POT is one of the earliest and most popular weed coins and has the second highest weed coin market cap, the classification is burning blunt.
HempCoin (THC) is not far behind POT, with a market cap of $2.3 million and similar minuscule volume of $12,000 per day. THC launched in 2014 and is meant to revolutionize the weed and hemp industry by providing a decentralized payment system. Like POT, there is no reason marijuana entrepreneurs would choose to transact with THC versus Bitcoin, especially since liquidity is so low they would lose money. Apparently, THC is PoW and PoS, but has no unique capabilities. The classification of THC is half-smoked blunt.
SMOKE has a market cap of $840,000 and is listed on some decentralized exchanges. It seems like SMOKE is meant to be the weed version of Steemit. It appears the website did launch and is functioning as a social network for stoners, who can smoke and earn SMOKE. Perhaps SMOKE has potential, so it gets the classification fresh pinner joint. However, the entire concept of people motivating each other to smoke drugs to earn cryptocurrency seems like something the world does not need.
Paragon (PRG) is a bit more advanced than the other weed coins since it integrates smart contract technology and can be used to build dApps for the marijuana industry. Perhaps PRG can be nicknamed Weedthereum. PRG has the highest weed coin market cap at $5.2 million although volume is only $21,000 per day. The SEC stomped on PRG’s blunt and issued severe penalties for the unregistered ICO. PRG must return investments to the investors, and since $12 million was raised and PRG has lost over half that value, it seems Paragon is at risk of going bankrupt. This yields the classification of blunt soaked with trash juice.
Tokes (TKS) is a weed coin launched via the WAVES blockchain that has a market cap of $775,000 but less than $400 per day of daily trading volume. Someone dumping the TKS they received from selling a QP of weed could crash the market. Apparently, TKS aims to be a supply chain tracking tool for the marijuana industry, in addition to being a compliant currency for dispensaries, but it is obviously not used much. For now, TKS is classified as hitting a roach.
DopeCoin (DOPE) launched way back in 2014 and today is practically dead with a market cap near $420,000 (seriously) and less than $1,000 of daily trading volume. DOPE transitioned from a PoW to PoS cryptocurrency, and the website is poorly made, unlike the weed coins listed above which have well-built websites. There are no redeeming qualities to DOPE, and its classification is accidentally inhaled the roach.
CannabisCoin (CANN) has a market cap less than $400,000 and volume less than $4,000 per day. CANN’s goal is to be used to purchase marijuana at dispensaries, and there used to be a product line of weed strains called CANNdy which were supposed to be traded at one gram per one CANN. Now one CANN is worth half of a penny, so that probably did not work out well. Shockingly, CANN’s market cap hit $30 million in early January 2018, so it has seen an epic collapse this year. This gives CANN the classification paid for fireweed but got schwag.
GanjaCoin (MRJA) is the first weed coin in the list that is nearly dead. Based on the Bitcointalk thread, it is listed on a couple of obscure exchanges. GanjaCoin had ambitious plans to open a dispensary in which each gram of weed was backed by one MRJA. GangaCoin is unique among the weed coins since it used masternodes, much like Dash. It is obvious that practically no one is using MRJA, giving it the classification old roach in a storm drain.
Growers International (GRWI) is designed for marijuana growers and has some increased capabilities versus other weed coins such as smart contracts, a blockchain repository for cannabis strains, and supply tracking from seed to sale. The idea is legitimate, but the market cap of $88,000 and less than $1,000 of daily trading volume indicates GRWI has failed to take root. This is perhaps due to a swap to an ERC-20 token being required to use any of the dApps, since apparently, the developers could not do it on their own chain. The swap does not appear to be going well, and therefore, GRWI is classified as burnt fingers on the roach.
KushCoin (KUSH) is a weed coin that had Weedthereum aspirations, but now the website is dead, the devs have disappeared behind a cloud of weed smoke, and KUSH has been completely delisted. The only appropriate classification is roach buried in a garbage dump.
GreenMed (GRMD) has a market history similar to the half-life of radioactive waste, and currently has a market cap of only $40,000 and daily trading volume less than $300. Apparently GreenMed is among the cryptocurrencies that aimed to have an attached debit card, and just like TenX and Monaco, this ended up being disastrous. The website has been converted to a simple marijuana e-commerce store with no mention of cryptocurrency, indicating the developers gave up on the crypto debit card idea. GRMD seems to be completely dead, and the classification is roach thrown out of a car on the highway.
CannaCoin (CCN) is a PoS cryptocurrency with probably no people staking. It may be listed on a random obscure exchange. It appears CCN did not have any unique characteristics yet still hit a market cap of $2 million in January 2018. This is more proof of how detached from reality the crypto rally was since now CCN is certainly dead. The classification is roach at the bottom of a trash can filled with garbage.
SativaCoin (STV) has no redeeming qualities, despite being named after a potent strain of marijuana. It was PoS, and that’s about it. During the crypto rally STV nearly hit a $1 million market cap, but the developer team is gone and presumably smoking the portion of the market cap they cashed out. STV is completely delisted and valueless, giving it the classification shredded roach on the side of the road soaked with trash juice.
Cannation (CNNC) raised less than a Bitcoin during their mid-2017 ICO, perhaps enough to smoke the dev team out for a month, and now the website is gone. CNNC was just a PoW/PoS hybrid that had no unique capabilities. Really, CNNC is an obvious ICO scam, giving it the classification bought a weed roach but got a spice roach.
Bongger (BGR) is named after someone taking a huge rip from a marijuana water pipe, and perhaps that is exactly what the dev team is doing since the devs are still around four years after launch and seem chill about the fact that BGR is worth nothing. The classification for this cryptocurrency is passed out on the couch and covered with doritos.
Marijuanacoin (MAR) hit a market cap of $900,000 in January 2018, perhaps for no other reason than it has the word marijuana in its name. The MAR dev briefly showed up in October 2017 and proposed to hard fork the blockchain, and apparently asked for donations, before disappearing forever. MAR continues to be listed on Cryptopia but has no volume, meaning it is worthless. This gives MAR the classification wind gust blows your joint into a lake.
BlazerCoin (BLAZR) has no website and no announcement thread but is listed on YoBit despite zero volume. This gives BLAZR the special classification prison joint made of toilet paper and the scrapings from a green apple.
Budbo (BUBO) is listed on Cryptopia and HitBTC, with a whopping $63 of volume, enough to buy an eighth. Budbo is branded as a decentralized autonomous organization (DAO) for the weed industry. BUBO was sold in an ICO, and appears to have collected a whopping $37 million from investors. This is perhaps since the ICO occurred in late December 2017 and January 2018, when investors were overloaded with cash and enthusiasm. The developers still periodically show up and say they are “working on it,” but nothing has been developed, and the website is mediocre. Budbo is certainly the biggest scam in weed coin history and therefore earns the classification got mugged by drug dealer.
submitted by turtlecane to CryptoCurrency [link] [comments]

Know more about 5 Coins to $5 Million

Know more about 5 Coins to $5 Million

Teeka Tiwari 5 coins to 5 million
All people who has been in the space for any amounts of time knows how unique of a time we are in when it comes to the tenth year of the leading cryptocurrency’s history in bitcoin.
Given the quick-forming, ever-evolving, changing dynamics of bitcoin and all of its offspring cryptocurrencies; in case you are going to make investments cold-difficult coins (USD) into whatever (not to mention crypto property), it is extremely important to discover a person who has a respected reputation, tested song recorded and is absolutely transparent in a international packed with scams.
Having sawed highs of nearly $20,000 in December 2017, to seeing lows of almost $3,000 in December 2018, bitcoin has shown its resiliency time and time again and it is starting to entice retail investors and the hundreds into this emerging asset magnificence. And that is why all traders, irrespective of what level of experience or exposure you have, ought to look to find a depended on mentor and expert in one of this rapid-paced, volatile enterprise like virtual currencies.
this is unique to our visitors, and quite an honor to introduce or re-introduce depending on that you are, a man who goes by means of the ‘maximum relied on guy in cryptocurrency’, “The Crypto Oracle”, Mr. massive T. underneath all of the hoopla, the man, delusion and legend that is going by using the call of Teeka Tiwari, is the lead marksman for the infamous Palm seashore research group.
Teeka Tiwari 5 coins to 5 million crypto eventIn the sector of investing, individuals with authenticity and honesty like Teeka is only a few and some distance between. With a monetary historical past of over 30 years; from government Wall avenue broker to cannabis market research expert to elite-degree cryptocurrency investor, Teeka Tiwari is the should-pay attention inside the understand and on the pass ‘guru’ that every character need to think about if going to spend any amount of money into the crypto marketplace.
With the aid of now, most recognize the following and listening to the quality-in-elegance mentors will allow fulfillment quicker than looking to determine it all out for your own and go through the trial and tribulations that a person like Teeka has already long gone via. for the reason that 2016, he has been all around the world, traveling over 200 days of the calendar year to satisfy with assignment developers, crew individuals, and blockchain thoughts just to provide his loyal following the four-1-1.
And what’s great about all of this – it’s happening, live, at no cost, for everybody who signs up and watches Teeka’s 5 coins to five Million activities on Wednesday, September 18th.
Being an educated person and informed consumer will set you in a league of your own as it gets rid of the guesswork and soundproofs yourself belief in knowing you're making the right moves on the subject of making investment cash into holding virtual forex assets.
The five cash to $5 Million theme is all approximately revealing his trendy and finest cryptocurrency recommendations which he believes can turn absolutely everyone into a mogul. He says all of this will appear much less than twelve months, even less than 300 days in keeping with his own words.
submitted by abraham3579 to u/abraham3579 [link] [comments]

A Response to Roger Ver

This post was inspired by the video “Roger Ver’s Thoughts on Craig Wright”. Oh, wait. Sorry. “Roger Ver’s Thoughts on 15th November Bitcoin Cash Upgrade”. Not sure how I mixed those two up.
To get it out of the way first and foremost: I have nothing but utmost respect for Roger Ver. You have done more than just about anyone to bring Bitcoin to the world, and for that you will always have my eternal gratitude. While there are trolls on both sides, the crucifixion of Bitcoin Jesus in the past week has been disheartening to see. As a miner, I respect his decision to choose the roadmap that he desires.
It is understandable that the Bitcoin (BCH) upgrade is causing a clash of personalities. However, what has been particularly frustrating is the lack of debate around the technical merits of Bitcoin ABC vs Bitcoin SV. The entire conversation has now revolved around Craig Wright the individual instead of what is best for Bitcoin Cash moving forward.
Roger’s video did confirm something about difference of opinions between the Bitcoin ABC and Bitcoin SV camps. When Roger wasn’t talking about Craig Wright, he spent a portion of his video discussing how individuals should be free to trade drugs without the intervention of the state. He used this position to silently attack Craig Wright for allegedly wanting to control the free trade of individuals. This appears to confirm what Craig Wright has been saying: that DATASIGVERIFY can be used to enable widely illegal use-cases of transactions, and Roger’s support for the ABC roadmap stems from his personal belief that Bitcoin should enable all trade regardless of legal status across the globe.
Speaking for myself, I think the drug war is immoral. I think human beings should be allowed to put anything they want in their own bodies as long as they are not harming others. I live in the United States and have personally seen the negative consequences of the drug war. This is a problem. The debasement of our currency and theft at the hands of central banks is a separate problem. Bitcoin was explicitly created to solve one of these problems.
Roger says in his video that “cryptocurrencies” were created to enable trade free from government oversight. However, Satoshi Nakamoto never once said this about Bitcoin. Satoshi Nakamoto was explicitly clear, however, that Bitcoin provided a solution to the debasement of currency.
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” – Satoshi Nakamoto 02/11/2009
As we’ve written previously, the genesis block is often cited as a criticism of the 2008 bailout. However, the content of the article outlines that the bailout had already occurred. The article reveals that the government was poised to go a step further by buying up the toxic bank assets as part of a nationalization effort! In this scenario, according to the Times, "a 'bad bank' would be created to dispose of bad debts. The Treasury would take bad loans off the hands of troubled banks, perhaps swapping them for government bonds. The toxic assets, blamed for poisoning the financial system, would be parked in a state vehicle or 'bad bank' that would manage them and attempt to dispose of them while 'detoxifying' the main-stream banking system." The article outlines a much more nightmarish scenario than bank bailouts, one that would effectively remove any element of private enterprise from banking and use the State to seize the bank's assets.
The United States is progressively getting to a point where cannabis can be freely traded and used without legal repercussion. As a citizen, each election has given me the opportunity to bring us closer to enacting that policy at a national level. However, I have never had the ability to have a direct impact on preventing the debasement of the United States dollar. The dollar is manipulated by a “private” organization that is accountable to no one, and on a yearly basis we are given arbitrary interest rates that I have no control over. The government uses its arbitrary control over the money supply to enable itself to spend trillions of dollars it doesn’t have on foreign wars. Roger Ver has passionately argued against this in multiple videos available on the internet.
This is what Bitcoin promised to me when I first learned about it. This is what makes it important to me.
When the Silk Road was shut down, Bitcoin was unaffected. Bitcoin, like the US dollar, was just a tool that was used for transactions. There is an inherent danger that governments, whether you like it or not, would use every tool at their disposal to shut down any system that enabled at a protocol level illegal trade. They, rightfully or wrongfully, did this with the Silk Road. Roger’s video seems to hint that he thinks Bitcoin Cash should be an experiment in playing chicken with governments across the world about our right to trade freely without State intervention. The problem is that this is a vast underestimation of just how quickly Bitcoin (BCH) could be shut down if the protocol itself was the tool being used for illegal trade instead of being the money exchanged on top of illegal trade platforms.
I don’t necessarily agree or disagree with Roger’s philosophy on what “cryptocurrencies” should be. However, I know what Bitcoin is. Bitcoin is simply hard, sound money. That is boring to a lot of those in the “cryptocurrency” space, but it is the essential tool that enables freedom for the globe. It allows those in Zimbabwe to have sound currency free from the 50 billion dollar bills handed out like candy by the government. It allows those of us in the US to be free from the arbitrary manipulation of the Fed. Hard, sound, unchanging money that can be used as peer to peer digital cash IS the killer use case of Bitcoin. That is why we are here building on top of Bitcoin Cash daily.
When Roger and ABC want to play ball with governments across the globe and turn Bitcoin into something that puts it in legal jeopardy, it threatens the value of my bitcoins. Similar to the uncertainty we go through in the US every year as we await the arbitrary interest rates handed out by the Fed, we are now going to wait in limbo to see if governments will hold Bitcoin Cash miners responsible for enabling illegal trade at a protocol level. This is an insanely dangerous prospect to introduce to Bitcoin (BCH) so early in its lifespan. In one of Satoshi Nakamoto’s last public posts, he made it clear just how important it was to not kick the hornet’s nest that is government:
“It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.” – Satoshi Nakamoto 12/11/2010
Why anyone would want to put our opportunity of sound monetary policy in jeopardy to enable illegal trading at a base protocol level is beyond me. I respect anyone who has an anarcho-capitalist ideology. But, please don’t debase my currency by putting it at risk of legal intervention because you want to impose that ideology on the world.
We took the time to set up a Q&A with the Bitcoin SV developers Steve Shadders and Daniel Connolly. We posted on Reddit and gathered a ton of questions from the “community”. We received insanely intelligent, measured, and sane responses to all of the “attack vectors” proposed against increasing the block size and re-enabling old opcodes. Jonathon Toomim spent what must have been an hour or so asking 15+ questions in the Reddit thread of which we obtained answers to most. We have yet to see him respond to the technical answers given by the SV team. In Roger’s entire video today about the upcoming November fork, he didn’t once mention one reason why he disagrees with the SV roadmap. Instead, he has decided to go on Reddit and use the same tactics that were used by Core against Bitcoin Unlimited back in the day by framing the upcoming fork as “BCH vs BSV”, weeks before miners have had the ability to actually vote.
What Bitcoin SV wants to accomplish is enable sound money for the globe. This is boring. This is not glamorous. It is, however, the greatest tool of freedom we can give the globe. We cannot let ideology or personalities change that goal. Ultimately, it won’t. We have been continual advocates for miners, the ones who spend 1000x more investing in the network than the /btc trolls, to decide the future of BCH. We look forward to seeing what they choose on Nov 15th.
Roger mentions that it is our right to fork off and create our own chains. While that is okay to have as an opinion, Satoshi Nakamoto was explicit that we should be building one global chain. We adhere to the idea that miners should vote with their hashpower and determine the emergent chain after November 15th.
“It is strictly necessary that the longest chain is always considered the valid one. Nodes that were present may remember that one branch was there first and got replaced by another, but there would be no way for them to convince those who were not present of this. We can't have subfactions of nodes that cling to one branch that they think was first, others that saw another branch first, and others that joined later and never saw what happened. The CPU proof-of-worker proof-of-work vote must have the final say. The only way for everyone to stay on the same page is to believe that the longest chain is always the valid one, no matter what.” – Satoshi Nakamoto 11/09/2008
Edit: A clarification. I used the phrase "Bitcoin is boring". I want to clarify that Bitcoin itself is capable of far more than we've ever thought possible, and this statement is one I will be elaborating on further in the future.
submitted by The_BCH_Boys to btc [link] [comments]

Subreddit Stats: CryptoCurrency top posts from 2018-12-29 to 2019-12-28 21:31 PDT

Period: 364.36 days
Submissions Comments
Total 1000 166290
Rate (per day) 2.74 453.02
Unique Redditors 660 27058
Combined Score 792038 1162121

Top Submitters' Top Submissions

  1. 26553 points, 23 submissions: Kashpantz
    1. When you are a known scammer in the crypto space and get called out by one of your investors. Exciting times indeed. (2573 points, 239 comments)
    2. The Gloves Are Off. Ripple laying into J.P Morgan As They Enter The Crypto Space. (2087 points, 556 comments)
    3. The Scam That Is Volitility & Fees (2076 points, 322 comments)
    4. Pretty much this sums it up for crypto and politics. (1836 points, 118 comments)
    5. Don't look at ATHs, the story starts when you look at ATLs. (1777 points, 223 comments)
    6. Is this unjust? Where a bank can shut you down for investing in the cannabis industry even if it's legal in your country or state? A perfect use case for crypto where it is borderless and censorship resistant. No longer the banks are the gatekeepers of our own money. (1656 points, 280 comments)
    7. Some Simple Tips to Avoid Traps in the Crypto Sphere. (1565 points, 251 comments)
    8. Complaining about a bear market will get you nowhere. Step back and always look at the bigger picture of what is being built. Good tech takes time. (1470 points, 281 comments)
    9. What kind of money do you want? Permissioned or Controlled? We still have time to decide. (1405 points, 310 comments)
    10. Network Values. Who has raised the most are often not the most important. What's the point of all of this? (1241 points, 218 comments)
  2. 17706 points, 3 submissions: mtimetraveller
    1. The true power of Bitcoin 🔥 (14644 points, 1280 comments)
    2. Microsoft Excel recognizes Bitcoin as a currency (2627 points, 164 comments)
    3. Anthony Pompliano is calling on all #cryptocurrency exchanges to delete #BitcoinSV on May 1, 2019, as a repudiation of the claims of #CraigWright and Calvin Ayre that #BSV is the “real Bitcoin.” (435 points, 130 comments)
  3. 11600 points, 13 submissions: coinsmash1
    1. Andrew Yang wants to Employ Blockchain in voting. "It’s ridiculous that in 2020 we are still standing in line for hours to vote in antiquated voting booths. It is 100% technically possible to have fraud-proof voting on our mobile phone" (4351 points, 586 comments)
    2. Bitcoin vs Gold - $180 billion vs ~$7 trillion market cap... (1551 points, 285 comments)
    3. Number of confirmed Bitcoin transactions per day hits highest level since last bull run (1132 points, 270 comments)
    4. Litecoin hits $125 as mining hash rate reaches new all-time high (983 points, 325 comments)
    5. Bitcoin at $8,000 (759 points, 172 comments)
    6. Just checking I got this; you can now cryptographically audit the ‘locked’ holdings of $600 million worth of BTC, ETH and Dai—and it looks like this has been in a bull market since Oct 2017... (512 points, 58 comments)
    7. $100 million in Liquidations over the last 6 hours ($60m Shorts vs 40m Longs) (485 points, 150 comments)
    8. 2020 presidential candidate Andrew Yang talks Bitcoin and Blockchain (432 points, 269 comments)
    9. $79 million worth of shorts liquidated 🥺 (349 points, 58 comments)
    10. Ouch, $28 mil of shorts just got squeezed into liquidation (313 points, 64 comments)
  4. 9313 points, 1 submission: flafel
    1. Ladies and gentlemen, $10,000 = 1 Bitcoin once again. (9313 points, 612 comments)
  5. 8750 points, 6 submissions: 1Lost_King1
    1. This is just priceless! (3989 points, 299 comments)
    2. We'll he is kind right! (1977 points, 202 comments)
    3. Yellow vests, Paris! (1202 points, 80 comments)
    4. Coinbase now has more than 30 million users! (909 points, 132 comments)
    5. Crypto is the way! (364 points, 59 comments)
    6. Strong words! (309 points, 81 comments)
  6. 8063 points, 8 submissions: jam-hay
    1. Facebook unveils ‘its most invasive and dangerous form of surveillance yet’ with launch of Libra cryptocurrency (2684 points, 369 comments)
    2. Apple CEO Tim Cook slams Facebook’s Libra cryptocurrency as a power grab (1209 points, 145 comments)
    3. Truth be told, this isnt the best entry point for no-coiners new to the sub to start buying into crypto for the first time so please exercise caution. (1134 points, 268 comments)
    4. President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain (1115 points, 206 comments)
    5. Booking.com becomes latest firm to drop out of Facebook's Libra cryptocurrency (874 points, 82 comments)
    6. Tomorrow it will be a DECADE since Satoshi created the genesis block and Bitcoin will be 10 years old! (574 points, 55 comments)
    7. This classic from former IMF, World Bank & Federal Reserve Economist that predicted the financial crisis of 2008 (244 points, 69 comments)
    8. Facebooks Libra runs into immediate opposition in Europe (229 points, 92 comments)
  7. 7547 points, 5 submissions: hodlorcrypt
    1. Hope you guys have better plans for this evening than this (2952 points, 182 comments)
    2. Someone doesn't belong here... (1657 points, 321 comments)
    3. How it feels sometimes when reading the /CryptoCurrency Daily Discussion (1559 points, 297 comments)
    4. Happy Friday everyone. Hope you all have a green weekend! (1094 points, 98 comments)
    5. A lighthearted reminder not to spend more than you can afford (285 points, 41 comments)
  8. 7112 points, 7 submissions: Fly115
    1. Elon Musk tweets 'Ethereum' (2908 points, 459 comments)
    2. Don't get poor slowly (1861 points, 302 comments)
    3. I made a Cryptocurrency tracking spreadsheet complete with live crypto price updates, moon math, and a full history of your Portfolio and trading performance (Updated). (1151 points, 133 comments)
    4. Jordan Peterson tweets - "Time magazine praises Bitcoin as a potential bastion of freedom" (468 points, 383 comments)
    5. Elon Musk: Dogecoin rulz (256 points, 26 comments)
    6. A single Bitcoin Cash address is responsible for nearly 50 percent of the networks transactions in the past month. (250 points, 87 comments)
    7. Trade volume on Bakkt is at new highs. (218 points, 87 comments)
  9. 6814 points, 1 submission: dinono33
    1. This is why adoption and the US is so behind when it comes to Bitcoin and Cryptocurrency. Have a look at this shocking video from Congress. (6814 points, 720 comments)
  10. 6770 points, 1 submission: YoJoee
    1. Sarah nailed it. (6770 points, 397 comments)

Top Commenters

  1. Toyake (10153 points, 709 comments)
  2. throwawayLouisa (7600 points, 1241 comments)
  3. martinkarolev (5838 points, 106 comments)
  4. bortkasta (5216 points, 640 comments)
  5. Qwahzi (4961 points, 476 comments)
  6. bLbGoldeN (4535 points, 426 comments)
  7. hungryforitalianfood (4148 points, 334 comments)
  8. Trident1000 (3469 points, 309 comments)
  9. 500239 (3372 points, 606 comments)
  10. UpDown (3118 points, 346 comments)

Top Submissions

  1. The true power of Bitcoin 🔥 by mtimetraveller (14644 points, 1280 comments)
  2. Ladies and gentlemen, $10,000 = 1 Bitcoin once again. by flafel (9313 points, 612 comments)
  3. This is why adoption and the US is so behind when it comes to Bitcoin and Cryptocurrency. Have a look at this shocking video from Congress. by dinono33 (6814 points, 720 comments)
  4. Sarah nailed it. by YoJoee (6770 points, 397 comments)
  5. Trump: “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.” by Tmfallon (6285 points, 1648 comments)
  6. How I successfully converted $1200 into $340 with crypto! by warnakey (5012 points, 582 comments)
  7. Andrew Yang wants to Employ Blockchain in voting. "It’s ridiculous that in 2020 we are still standing in line for hours to vote in antiquated voting booths. It is 100% technically possible to have fraud-proof voting on our mobile phone" by coinsmash1 (4351 points, 586 comments)
  8. The inevitable by AceOrigins (4342 points, 364 comments)
  9. Over last 3 years, Wells Fargo bank got caught. Paid gov’t $2.7 billion in total fines, penalties for ripoffs. Yet bank’s profit over same 3 years = $ 60 billion. Total fines, penalties = 4.7% of profits. Trivial. No wonder banks keep ripping us off. by skythe4 (4245 points, 215 comments)
  10. $12,000 by Phitzdisco666 (4173 points, 641 comments)

Top Comments

  1. 2212 points: absoluteknave's comment in Wife of Norwegian billionaire kidnapped – Ransom to be paid in monero ($10.3 million)
  2. 1668 points: thekiyote's comment in When BTC reached $8k in 2017, it reached $18k within 20 days
  3. 1655 points: Metalgear_ray's comment in BTC Dump: Pure Whale Manipulation
  4. 1460 points: flunky_the_majestic's comment in Isn't it scary? What do you think of this?
  5. 1272 points: Jobsternz's comment in How I successfully converted $1200 into $340 with crypto!
  6. 1204 points: CarpetThorb's comment in 99% of you won't hold through the entirety of the next bull run
  7. 1068 points: Brunswickstreet's comment in Justin Sun Not Giving the Tesla to The Winner they Announced First
  8. 1024 points: Lard_of_Dorkness's comment in Elon Musk tweets 'Ethereum'
  9. 1023 points: martinkarolev's comment in Still in its adolescence ...
  10. 957 points: willzyx01's comment in 99% of you won't hold through the entirety of the next bull run
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

Mechtant mondays - Jagoda

Welcome back to Merchant mondays

Merchant mondays is the moment to show your appreciation for the businesses that lead the way in the adoption of cryptocurrencies. Instead of paying with fiat for your next purchase, use this Monday initiative to pay with VTC instead.

This monday I want to highlight Jagoda! Check out some games you can buy with Vertcoin from their website.

On an nice sidenote. I am under the impression that work on the integration of VTC with BTCpayserver is in its final phase (if not complete already). I want to thank everyone who worked on it! Let's use this to get VTC accepted in many new stores!

Debit cards

With UQUID, buying online and sending money to friends is made easier and safer than ever: all you need is an email address. Your money is protected, no personal information is revealed, and you can retrieve the details of every payment at any moment.

Charity

Helperbit is a free and transparent way to support a charity project. You can donate to charity in Vertcoin and give something back to the world.

Education

LearnCrypto offers training about Crypto trading.The team at LearnCrypto.io has dedicated thousands of hours to educating the public and our students in all areas of Cryptocurrencies.

Food

PexPeppers is specialized in "finest chili sauces, jellies, salts, seeds & more." Based in Pueblo, Colorado, USA PexPeppers is selling all over the world.

Garden & Agriculture

Royal Queen Seeds is amongst the fastest growing cannabis seed companies in Europe. After building up many years of experience in growing cannabis seeds in the Netherlands, we decided to launch our own line of cannabis seeds and are now able to offer you quality feminized, autoflowering and medical seeds at a good price.

Gift Cards

Coincards provides Giftcards and was created in July of 2014.
Crypto De Change provides Gift Cards and Silver Buillons since July 2013.
Giftoff is a "digital gift card retailer with the largest range on offer in Europe. Since 2014 we’ve been enabling digital currency users to shop with major retailers like Amazon.co.uk, Steam and Marks & Spencer. We stock over 70 gift cards and accept over 40 digital currencies as well as UK credit and debit cards."
The Sheldon Store is a online store where you can buy giftcards with Cryptocurrencies. You can buy Amazon, iTunes, Google Play, PlayStation, Uber, Netflix (and many more) gift cards. The Sheldon store team consists of cryptocurrency enthusiasts working together, driven by a single goal; to create a world where everyday people earn, spend and invest cryptocurrency like they would any other fiat currency in their everyday life.

Goods/Merchandise

Astronaut Apparel makes every effort to operate in a transparent and ethical manner. We will be integrating blockchain features to help with supply chain management, so that you can see exactly where your apparel was made.
Barter4Crypto is a platform where users can offer and pay each other in cryptocurrencies for services and products.
Bullcrypto is a brand new apparel shop that sells everything from tshirts to hats or from mugs to posters!
An online marketplace (similar to Ebay) with buyer and seller protection. This platform allows you to buy and sell products for Crypto with escrow possibilities for Vertcoin.
Cyroline is on "the tireless hunt for the special in the fashion world, the perfect fusion of individual styles, quality and sustainability." In physical stores you can pay with Vertcoin in Germany: Lübeck, Berlin, Hamburg, Cologne, Stuttgart.
C&P provides crypto related fashion and is "shipping worldwide with live rates and tracking."
Crypto Compound provides "cryptothemed items" like fashion, mugs & more.
Cryptoble provides "apparel and more". Here are crypto related shirts & mugs.
A webshop selling Crypto mugs (obviously) and some other cool items such as Tshirts and Drones.
Epic Pants is an online retailer who sells products in the categories hardware, apparel, styles, gear, fun, music and art.
GeekBox "offers a wide variety of services including but not limited to basic computer setup, repair, virus removal, server setup, network setup, consulting, purchasing, cloud computing advice, gaming system and electronic repair." As a nice special GeekBox IT provides a Vertcoin Tshirt.
Hipptee provides a range of different cryptocurrency tshirts.
Hodler Tees is a cryptocurrency centered tshirt company based in Frisco Texas! (USA) We sell all things crypto related from hats to tshirts and even posters!
KPV provides Vaporizers, "electronic devices that help you vaporize your material into vapor for cleaner inhalation. People looking to quit smoking cigarettes are the main reason behind vapes."
Founded in 2018, their mission is to promote cryptocurrencies in popular culture with high-quality crypto apparel.
LP is an online store and community. We service the world, no order is too small or too large.
Luma Cards is selling greeting cards for all kinds of occasions. You can now buy high-quality art-based greeting cards with Vertcoin.
"At Nakamoto Clothing, we're passionate about designing and curating a selection of apparel to help grow this movement of change. And we're electrified AF!", international shipping.
Quinsolo proudly accepts decentralized cryptocurrency payments for their crypto themed products.
Online marketplace selling crypto embroided polo shirts
Spreadshirt provides shirts and more. Based in Greensburg, USA, the owner comes from the Netherlands.
Teepublic provides apparel, home goods, shirts, stickers, mugs & more.
The Chopmaster is a woodworker that sells a variety of wooden accessories.
RB gives "independent artists a meaningful new way to sell their creations. Today, we connect over 400k artists and designers across the planet with millions of passionate fans." RB provides a huge asortiment of designed products like bags, wall art, home decor, apparel, stationary & more.
WikiLeaks is a multinational media organization and associated library. It was founded by its publisher Julian Assange in 2006. The shop provides shirts, posters and asseccoires.
Zazzle is a "marketplace, you'll find customizable products, art and createyourown products just waiting for you. We're PhD's, professional artists, manufacturing gurus, patent holders, inventors, musicians, and more. Everything we do is an expression of love." As a nice special Z provides Vertcoin shirts.

Medical

Acupuncture in Massachusetts

Multimedia Services

RDS is Central Virginia’s drone service specialists. From preparation to content delivery, we perform all work to perfection. We can act as both an aerial film consultant or as the remote pilot in charge on your next projects.
Calvin West is a music producer and lyric video artist. Currently based in Spain but with project all around the world. You get a discount if you pay with Vertcoin. Take a look at his projects!

Professional (law) Services

Burrell Law "Our New York Citybased attorneys provide a broad range of transactional legal services" Every large business was once a small business. We are here to help you find a solution for your legal needs.
Bitcoin Tax is "calculating capital gains/losses for any cryptocurrency. Do you know the costbasis of every coin you own? Are you tracking the profits and new basis when you spend or sell? Can you work out the best way to identify your trades to optimize your taxes? Let us do it for you."
The Crypto Lawyers "we are a team of U.S. qualified lawyers dedicated to helping individuals, businesses, and organizations navigate the legal intricacies of cryptocurrency and blockchain technology. We commit ourselves to strategically and aggressively represent our clients in their transactional and litigation matters."

Printing

"Catdi is a commercial printing company with additional specialization in web design. Offering costeffective commercial printing, direct mail, graphic design and web solutions to small businesses. Proudly Serving Houston and surrounding communities for over 10 years."

Technology & Internet

AirVPN is a VPN based on OpenVPN and operated by activists and hacktivists in defence of net neutrality, privacy and against censorship.
With Crpto.space, you can get all the information you spend time checking, instantly every time you open a browser on your desktop or mobile device. Premium package includes the vertcoin homepage and wallpapers.
Jagoda (strawberry) is a videogames platform aiming to distribute digital services for cryptocurrencies that show a direct interest in social activism on different layers.
Evolution Host is a hosting provider where you can pay with Vertcoin. They offer VPS hosting, IRC hosting and game servers on several locations around the world with highend hardware.
"FastTech is the technocentric destination for all your geeky needs and more. FastTech is committed to become the most loved and trusted electronics marketplace by offering superior shopping experience, timely shipping, and stellar customer service."
The first GPS tracking company to accept cryptocurrency as payment. Easy to install and easy to use with options for just about any type of vehicle or trailer.

Video Games

Cavemen Studios is a developer of video games. "Having over a century of combined experience on how video games tick, we've finally decided it's time to start creating our own products."
"Keys4Coins is one of the first pc game stores who only accept cryptocurrency as payment. Our store is simple to use and you can shop anonymously. Only an email is required so you can receive the license."
"Our aim is to provide the fastest, easiest place to buy Xbox Live Gold subscriptions with cryptocurrencies"

Wallets & miscellaneous

Designed Vertcoin public and private wallets that can be used as paper wallets or given as gifts.
LaserLightning provides one etched wooden Vertcoin with the Vertcoin logo burned into one side, and your custom QR code on the back. These coins are approx 1.5 inches in diameter.

(NSFW) Adult shops

Toys4Sex is Australia's Online Adult store retailer intended for men and women. Toys4Sex comes with a specially selected range of products that has made its mark within the Australian adult market place.
submitted by thatmanontheright to vertcoin [link] [comments]

Ultimate Guide To Drug Dealing

DISCLAIMER: As someone in their late teenage years, many of these mistakes have been made, and most of them have been learned from experience. This guide has been created to help educate anyone involved with drugs on how to best protect themselves against law enforcement, and to do this for a very, long time. However, despite this probably being the quickest and easiest method to generate money, the risk far outweighs the reward. You can put your family, friendships and personal life in jeopardy, and you will have to rely on too many stupid people not to get caught. If you or your friends don't mind that, then read this before you do:
General statements
-Keep business and personal life separate. This will depend on the anonymity of your business life. For example, keep your family separate by fabricating an alternate persona for your business life.
-Don't get high off your own supply. Consuming your own product may reduce any profits you make. For example, you buy a bag of product but inject it all in one day, now you don't have enough money to buy more needles and expand your business.
-Frequently test your product. Failure to do so in an unregulated business may eventually result in overdose, arrest and death. For example, you decide to sell a new batch of product your supplier has cut without reagent testing, and you are later arrested because your customer died of a fatal substance interaction.
-Invest and sell in bulk. Only invest in large quantities of product that have the highest profit margins and rate of purchase, while reducing the customer base to bulk buyers. For example, products bought in bulk such as benzodiazepines, cannabis, opiates and amphetamines will generate the most income.
-Trust no one. Don't engage in activities that require trust such as fronting people anything like money, or product. For example, if a junkie can't afford his addiction, don't fuel his debt.
-Loose lips sink ships. Unnecessary disclosure of sensitive information can be used as evidence against you. For example, your customers think it is okay to short change you because you've boasted to them about how many gucci belts you own and how much money you earn.
-Don't shit where you eat. Everything relating to your business should be dumped off your property or destroyed. For example, you should never be vulnerable if you get raided.
-Better safe than sorry. Never get comfortable, always analyse and improve your security. For example, imagine you are the prosecutor looking for holes in your defence in court.
-The aim of the game is to have no name. Make it known to your associates that you will not do business with anyone who discloses your name or any sensitive information. Cut everyone off who does, as this presents a major security issue for you. For example, if you have any unknown contacts for your business, then that is an indication you need to cut off one of your associates.
-Ignorance is bliss. The less you pretend to know about anything related to your business, the better. For example, intent to possess or sell product is usually required for law enforcement to charge you with an offence.
Transactions
-Only do business with virtually untraceable currency, such as cash or bitcoin. This will prevent law enforcement from using money as evidence for any purchase or sale of illicit products. For example, any cash that is seized by law enforcement requires evidence to determine if it is illegal money.
-Never let anyone know your property. This is because your property will link back to your personal life and compromise your anonymity. For example, no one should know where you live, what car you drive or firearm you possess.
-Never handover product first, without the handover of money. Customer could receive product without releasing funds. For example, you give a crack-head a bag of product and he runs away with it.
-Don't do business with anyone you don't know. A verification system must be used to qualify people as associates such as customers, suppliers or employees, where a person requires at least one successful transaction to be able to make direct purchases or sales, and people without verification should not be able to contact you. For example, you can be relatively certain that a potential customer is legitimate if they have made a successful transaction.
-Use third parties and dead-drops for high risk transactions. These techniques make it difficult for law enforcement to create links because they separate you from any transaction. For example, your middleman was able to retrieve your product because law enforcement did not have the resources to constantly surveil the dead-drop.
-Never come under control by other people's property. Doing so reduces the chance of you being able to escape a robbery or arrest. This includes things such as cars and houses. For example, you give money to a person inside his car in exchange for product, then he hands you a bag of dog biscuits and drives away.
-Dictate the location/time of every transaction. This reduces the chances of being robbed or arrested. For example, choosing a time closer to a transaction, and a location further away from a station would give less time for law enforcement to act.
-Keep all transactions public and discrete. This reduces your chances of getting robbed. For example, think of creative ways to make a transaction in public more appropriate and efficient.
-Don't use your vehicles for business. Vehicles have number plates which can be traced back to you through registration. For example, you can get pulled over and charged by law enforcement should there have been reasonable suspicion to search it.
Communication
Don't use unencrypted or any particularly insecure methods of communication. This includes anything that can be used to identify you with your business, such as mobile phone numbers, email services and social media. For example, you were arrested because your phone was tapped by law enforcement while under investigation, or you were caught selling product online when Facebook granted law enforcement access to your account.
-Force any encryption onto electronic communication between yourself and anyone related to your business. This includes customers, suppliers and employees. For example, you can use encrypted anonymity tools for communication such as Tor and Wickr to conduct business.
-It is best only with verified associates to discuss sensitive information in person. Using electronic communication in this case is more vulnerable than communicating face-to-face, given that you can't be certain of who is on the other side. For example, it is important to treat personal communication as a layer of security if you have reason to believe your electronic methods of communication have been compromised.
-Never leave any electronic device to hibernate while you are accessing sensitive information related to your business. Other people can retrieve your sensitive information from devices such as computers, phones, hardrives or tablets while you are not present. For example, a house mate gains access to your sensitive information because you left your laptop to hibernate while you went to the toilet.
-Use a logless VPN to change your IP address (physical location) to hide from your ISP (internet service provider) from your electronic devices when in use. This is so that your communications and browsing history cannot be linked with any of your business online. For example, accessing the same website through both business and personal ISP accounts without a VPN may link your personal internet traffic history to your business activity elsewhere, making you a potential suspect for law enforcement.
Evidence
-Don't store your entire stash on your property. Even if the stealth was so impeccable that you could not find its location yourself, drug dogs in a search warrant will.
-Keep all things related to packaging hidden and separate from product when not in use. This is so that they cannot be identified by law enforcement and linked with the sale of product. For example, written documents, clip seal bags, scales, mail, cutting agents, heat sealing devices and drug paraphernalia.
-Ensure product during processing is disposable at all times. You should be able to dispose of product in the process of packaging before law enforcement can get to it. For example, you flushed the product down a toilet or sink before police could seize it during a raid.
-Move stash frequently. Repeated visits to your stash creates a pattern which can be traced if you are under investigation by law enforcement. For example, the police followed you to your stash from home, planted cameras near your stash and acquired evidence for the stash being in your possession.
-Don't let anyone else apart from yourself know where your stash is located. Doing so will most likely result in a robbery, and it can also result in your arrest if that person became a police informant. For example, your stash goes missing, your employee gets arrested or robbed, unable to return funds or product, and snitched on you after having informed him where your stash was located.
-Wear gloves, hairnets and long cloths when handling business. Biometric evidence such as fingerprints, hair follicles and skin can be used to gather evidence for possession of product. For example, your fingerprints on that bag of product is evidence of you possessing it.
Destroy (wipe) all digital evidence after use. You can wipe hardrives clean with programs such as DBAN, and wipe any digital documents and photo metadata with software like Tails, and learn how to factory reset your mobile devices. Ideally, all digital information must be temporary, amnesic and self-destructing.
-Destroy (burn) all physical evidence after use. Do not dispose of evidence inside your property's garbage bins, as it is routine for law enforcement to search them. For example, if you dispose of evidence such as clip seal plastic bags and documents in your bins, it could be used against you as evidence after law enforcement have collected it during a search warrant.
-Regularly wipe electronic devices that may contain information related to your business. This is so that law enforcement can't use that evidence against you if they have a search warrant to seize and analyze your digital belongings.
-Build a team that live in the same property. Living with other people that work for you increases business availability, and ambiguity for the prosecution after a search warrant. For example, any product found requires evidence such as fingerprints to discover who exactly is in possession of it.
-Remove all physical and digital evidence from property if you believe you are under law enforcement investigation. You must take every precaution necessary so that law enforcement cannot find a shred of evidence of your illegal activity if they execute a search warrant. For example, the prosecutor couldn't press charges on you because they found no evidence to support their case.
Game over
-Don't talk to police. Anything you say can and will be used as evidence against you. Suppose you said everything right, talking to law enforcement is still a no win situation. For example, you could have said everything right in the police interrogation, but the prosecution can still claim that you weren't cooperative since you had essentially denied everything.
-Know your rights. State nothing except for your name, date of birth, and right to silence and an attorney when being interrogated by law enforcement. You will most likely incriminate yourself if you fail to do so. For example, police stopped questioning you when you exercised your right to silence and an attorney.
-You know nothing. Do not admit to knowing or remembering anything. For example, if law enforcement ask you if you remember anything about a package they found in your property during a search warrant, your defence can be a complete lack of knowledge and intent for such a claim.
-Play dumb. You don't know or understand anything about the law, the morality in breaking it or the likely risk of engaging in activities that do. The less culpable (guilty), and the more naive you are about the law, the better chance you have of winning in court. For example, defences such as mental insanity and impairment are successful when the defendant demonstrates that he does not understand the morality of the charges.
-Don't appear guilty. Become void of all body language as not to raise suspicion of your guilt. For example, defensive postures, eyes that stray left and right and feet that point toward the door are all signs of guilt that law enforcement will detect. Leave all emotions out of the process, especially guilt. For example, you confessed in an investigation room because you broke down after being told how many years in jail you're apparently going to serve, and that all further charges would be dropped if you confessed. Don't be that guy.
You're in trouble
-Don't talk to federal agents. Say nothing of substance; anything you do say can be falsified, editoralized or misinterpreted. Believe it or not, at this level law enforcement are willing to lie in order to convict you. For example, a federal agent tells you that you won't hear from them again if you cooperate with police, then you get a call later from a prosecutor detailing your court date.
-You are guilty until proven innocent. The investigation process is no longer about guilt or innocence. For example, federal agents at this level care more about catching you out on a lie than determining your innocence.
-Don't deny anything or behave surreptitiously. Anything you say is now open to further investigation. For example, federal agents opened up an investigation on your associates because you avoided sharing information about them.
-Always divert federal agents to your lawyer. Whether they are dropping their business cards on your car window, turning up to your front door, or in an interview with you, always have a lawyer to engage them on your behalf. For example, a federal agent threatens you with a grand jury-subpoena if you do not talk, you tell them to address your lawyer about it.
-Record any encounters you have with federal agents. The only advantage you have over them is relying on their ability to lie or make errors, since they are not legally allowed to record you, other than in their peer reviewed notes.
Next up is the NSA, and a guide to hacking and being a fugitive. That is, if I'm not in prison by then.
submitted by HowToCriminal to Drugs [link] [comments]

My 5 Favorite Coins Under $5 Million Market Cap and Why - Full Analysis

*Note: This article was copied from my medium article and then formatted for Reddit. For the best reading experience please read on medium. However, I wanted to format it for reddit so people could read it here on Reddit if they preferred. *
 
In this article, I will be sharing with you my 5 favorite coins that are currently sitting under a $5 million market cap. Before we get into things, I first want to cover all of my bases and say this is not investment advice. Please do your own research before making any investments. The coins I will be sharing are much riskier investments, so make sure to #DYOR.
 
Please keep in mind that these are all very risky investments and are not your $100 million + projects. These are high risk and high reward projects that will require you to do your own research. These investments aren't for everybody, but I wanted to share with you my thoughts on these coins.
 
Please follow me on Twitter for more updates, articles, and my thoughts on various other crypto related topics.
 
 

1. EquiTrader (EQT): $3.6 Million Market Cap

This is my favorite project that is currently under a $5 million market cap. EquiTrader is a social platform for traders where they can share their ideas and get rewarded by the community. EQT comes equipped with trading charts, indicators, trading tools and other features which will make it easy to make technical analysis. You will also have the ability to shadow other traders and make automatic trades based on what they do.
 

Why I Like EquiTrader

There are a lot of reasons why I’m bullish on EQT, the main ones our outlined below:
 
Perfect Product for Crypto
 
Having a social platform where traders can share their investment analysis and then get rewarded is a perfect concept for this market. I think that a lot of the major crypto influencers will get on this platform and utilize it, which will then in turn help EQT get bigger. Once the platform is up and running the “crypto OGs” will do a lot of the heavy lifting when it comes to marketing because it benefits them too. I’m a big fan of any crypto project where their main audience is the crypto market. This is an easy foot in the door and will allow the project to gain traction much quicker. I think EQT will do this as well.
 
Recently Acquired by a Major Crypto Influencer
 
It was recently announced that EquiTrader was acquired by Aluna.Social, which is a company owned by Alvin Lee (https://twitter.com/onemanatatime). Having a big player behind the platform will be extremely beneficial once the platform is launched and he can start promoting it. Plus this adds a lot of credibility behind the project as well. I’m a BIG fan of this news.
 
Many Upcoming Catalysts on Roadmap
 
Public release of the EQT platform is planned for Q4 of this year and I’d expect a lot of traction to start at this point. In Q1 of 2018 they will release the iOS and Android apps, Q2 the beta of the social trading platform will be released (huge news) and then in Q3 the social trading platform will be released to the public. We have at least a whole year of upcoming catalysts that will all have a major impact on the price.
 
Currently Only Trading on Coin Exchange
 
At this point you can only buy EQT on Coinexchange.io. It was listed on Cryptopia previously but when they did a coin swap they were removed. Why is this a good thing? The EQT team is in discussion with Cryptopia to be added now that the swap has been completed. Once this happens I’d expect a major pump. This will happen very soon so the major discount that EQT is currently trading at probably won’t last long.
 
Proof of Stake: 30% per Year Returns
 
As mentioned above, they recently did a coin swap and went from a PoW chain to a PoS one where you can get 30% annual returns from staking. This is an awesome return. I have already seen some great returns from staking.
 

What I Don’t Like

The biggest complaint I have about EQT is the small issue and delay they have had doing the coin swap. Before the coin swap they told everyone to move their coins to CoinExchange.io and the swap would happen automatically, which worked great for those who followed the instructions. However, there are a lot of people that didn’t do this and now they are having to manually swap these coins. This has caused a long delay in terms of being relisted on Cryptopia, which in turn has hurt the price. This isn’t a huge deal, but it is a small complaint I have.
 

Investment Potential

With a lot of catalysts on the roadmap until 2019, the potential of EquiTrader is hard to predict. However, I think a 10x from here, which would make the market cap only $34 million, is a very real possibility within 3 months. Even after a 10x, I still think it could get closer to $75 million before it would be getting close to what I think it should be valued at. As you can see, I think there is a lot of room for EQT to grow and I’m expecting it to do just that.
 

2. Hush (HUSH): $1.1 Million Market Cap

Hush is a very, very close second when it comes to my top 5 favorite projects under $5 million market cap. This project might have the most potential out of all of the coins in this list too. Hush is an anonymous coin that utilizes the Zerocash protocol that is forked from Zcash. There are quite a few Zcash forks out there, but this is the best one in my opinion (and the cheapest). It is a fairly new coin that launched in July 2017 so there have only been a few months worth of development.
 

Why I Like Hush

There is a lot to like about Hush and the reasons are explained below.
 
One of the Best Anon Coins
 
Hush is a fork of Zcash but without the founders reward, which is the only major knock of Zcash. So without the founders reward it becomes a top notch anon coin tech wise. There are other Zcash forks out there, but none of them are sitting at this low of a market cap, which creates a huge opportunity for Hush. A very similar coin to Hush is ZenCash, which currently sits at a $14 million market cap, is another Zcash fork without some of the features of Hush. Combine all of this with the major pump all anon coins have been going through lately and Hush is looking prime.
 
Great Team
 
One of the members of the Zcash dev team, David Mercer, is now the lead dev for Hush. This is huge. Not only is he the lead dev but he is also working full time on Hush, which means all of the promised features on the roadmap will have a good shot at being completed. Along with the lead dev, there are 6 total team members. The size and talent on this team is practically unheard for a coin with such a small market cap. This is a major reason for me being bullish. I know that this team will get things done, which is all you can ask from a team.
 
Counterparty on Hush
 
This is the biggest reason I like Hush so much. They are planning on porting Counterparty to Hush and this will allow people to create Counterparty based assets with the security of Hush. They are also planning on having these assets being compatible with Ethereum smart contracts. These are killer features that make Hush a unique project.
 
Only Trading on Cryptopia
 
At this moment the only place to purchase HUSH is on Cryptopia. The Hush team has confirmed they have been in contact with Bittrex and I don’t think it’ll be long before they are added. Take advantage of it being only on Cryptopia before it gets added to other exchanges, once that happens the price is going to take off.
 

What I Don’t Like

The major knock on Hush is their marketing. They are not putting much effort into spreading awareness. Their reasoning behind this is that they feel like they don’t have a finished product to market yet and that good tech will eventually win out. I like seeing a team that prides themselves on the tech of their project, but at some point they are going to have to start marketing it. Marketing plays a huge role in crypto. With all of that being said, I’m not complaining because it gives me more time to accumulate at these low prices. The only way people find Hush is from actually doing their own research. You won’t find it being shilled much on twitter because no one really knows about it. This will probably be changing in the near future.
 

Investment Potential

The $1.1 million market cap it is currently sitting at is almost funny. I can’t believe it is so low. This coin should be sitting at an easy $10 million market cap SOLELY based off of what the project currently is. Factor in some of the upcoming features such as the Counterparty port and a standalone HUSH messenger and I think Hush could be worth at least $50 million in 6–12 months, if not higher. The reason I say it could be higher is because of the dev team. I’m very confident in the team and believe that in 12 months from now they will be working on features that will blow the current features out of the water.
 

3. Tokes (TKS): $1.8 Million Market Cap

Coming in at 3rd in my top 5 is a coin called Tokes. I’m a big fan and this is one of my long term plays that I think will be worth a ton in a few years time. This isn’t going to be a 10x coin in 2 months, but in 2 years it very well may be a 100x coin. Keep that in mind while reading. Tokes is a Waves based asset that is geared towards the marijuana business. They are looking to help businesses handle their money and provide a better payment solution for both consumers and businesses. They are also doing a few other really interesting things in this space and I will explain why I like Tokes in the next section.
 

Why I Like Tokes

Tokes is a coin based around the marijuana business, but it does much more than the other pot coins out there. Tokes is looking to actually solve real world issues in the marijuana business and has partnerships with major players in their area. I will touch more on all of these things, but I want to make ti clear this isn’t just a “pot currency”.
 
Provides a Fiat Gateway
 
A major issue for marijuana businesses is that they are forced to operate as a cash-only business due to the federal laws that make banks not want to work with them. This is a major problem within the cannabis industry and Tokes is trying to solve this by creating a fiat gateway. Tokes allows for cash to be converted to TKS and vice versa so that it can stored electronically without the need to carry cash around. They also offer no fiat volatility risk because of their pegging system. This means that the $100,000 of cash they turn into TKS will remain $100,000 when they withdraw it. This is a major issue that is being solved by Tokes and gives their project immediate value and use cases. Keep in mind that this is something they are working on implementing and hasn’t actually been developed yet.
 
Major Partnerships Secured
 
Tokes is located in Las Vegas, where marijuana laws are some of the most lenient, and they have been hard at work building relationships and partnerships with the marijuana businesses in that area. Some of their partnerships are as follows:
 
Pisos: A dispensary in Vegas that is their first partner in their pilot program Herbology Tours: Tokes purchased a 10% ownership stake in this company. More on this in a minute. Cannabis Delivery Startup in California: Payment integration into their mobile app
 
Tokes purchased a 10% ownership stake in a Las Vegas cannabis tourism company and this has a couple of really cool benefits. First, it gives Tokes a foot in the door with a marijuana company where they can start integrating and testing their system. Second, it’s a great way to get their name out there and start spreading awareness. This will go a long way to help both consumer and business adoption. The last major benefit of this ownership stake is that they will get 10% of all of the revenue from Herbology Tours, which will be used to help grow Tokes. This revenue will also be used as a way to potentially buy and burn coins (more in the next section).
 
Revenue Used to Burn Coins
 
Tokes plans on getting into other aspects of the marijuana business and portions of this revenue will possibly be used to buy and then burn the coins, thus decreasing the supply. The revenue that they generate from their 10% ownership stake in Herbology Tours will also be used to burn coins. Im a big fan of coins that burn their own supply and the markets go crazy when this happens (See $TRIG and $DAR). It’s worth noting that they are planning on burning coins with revenue, but it is not 100% concrete yet.
 
Great Roadmap
 
Their roadmap extends all the way into Q4 of 2018, which is good to see. There are also a lot of good things to look forward to and a lot of catalyst that should help the price increase along the way. Check out the roadmap here
 

What I Don’t Like

The biggest issue I have with Tokes is their supply problem they have. Currently, there are only around 960k in circulation out of the total supply of 50 million (according to Coin Market Cap). The founders currently own the remaining ~40 million tokens. The good news is they are actively trying to solve this issue and release these tokens in a way that won’t hurt the price. One of the main ways they hope to remedy this situation is by putting all of the tokens in a smart contract and distributing it during a 3 year period. You can read more about their plans here.
 
I’m not a big fan of the current supply issues, but I think the founders are on the ball on this issue and will figure it our without too many problems. Investment Potential I really like the fact that Tokes solves a real issue by providing a store of value for cannabis businesses and allowing them to move away from cash only operations. This has so much value. Combine that with their current partnerships, pilot program and their upcoming roadmap and Tokes looks like a real good long term investment.
 
Where Tokes could really see their value skyrocket is after they get a foothold in Las Vegas and establish their name in the cannabis industry, they will be the first company other cannabis companies call once their states become legal. Like I mentioned before, this is a longer term play but could be huge in a few years time. In the short term, I think they could easily get to ~$25 million just based off of continuing to lock in partnerships, releasing their mobile app and solving their supply issues.
 

4. SmartCash (SMART): $2.5 Million Market Cap

Coming in at 4th on my list is SmartCash. SmartCash is a fork of Zcoin, but it has a some of the same features as Dash along with a few unqiue twists that makes this coin very undervalued. The coin itself was started less than 3 months ago, so the project itself is still very new.
 

Why I Like SmartCash

Any anon coins right now that haven’t pumped yet are of interest to me. It seems like everyday a new anon coin is pumping and the fact that SmartCash hasn’t yet is appealing. Not only has the coin not pumped yet, but it has a super small market cap and is a better coin than the majority of the other anon coins out there. Aside from it being an anon coin, the following reasons are why I like this project.
 
Insane Staking with SmartRewards
 
This is a major reason for this coin being in my top 5. They have a cool feature called SmartRewards which is a way for people that hold their coins in their wallet to get rewarded. The only requirements are that you must have at least 1000 coins and hold them for at least a month, starting on the 25th of each month. For example, you transfer 5,000 coins on September 16th then you would be rewarded on October 25th. Since this coin is so new, there has only been one completed round of payouts so far. During this first round each person eligible made 400% returns. Example, if you had 1,000 coins in there then you would have been paid 4,000 coins!
 
400% is insane and for this second round of payouts things are a little less extreme. At the time of writing this (halfway through the month) the current estimated payout is going to be 37%, still not bad at all! This numbers goes up as the month goes on and less addresses become eligible. The reason for the drop off is because there are more eligible addresses than the first round. These rewards are funded by taking 15% of all of the coins mined from each block and then on the 25th of each month are distributed to addresses that hold at least 1000 coins. Not only are the returns very good, but this is also a great strategy to lock up coins and keep the price from dropping too much. SmartRewards is a huge reason for me being in this coin and I think it will be very popular once more people find out about it.
 
Great Funding System
I’m a big fan of their funding system and how they split the block reward. Their funding structure is as follows:
 
 
Of the 80% allocated to the community, 70% of it goes to the community treasury and 30% of it goes to funding the team. I like the reversed model they have of paying the community the bulk of the rewards and the miners the least. I think this is a good way to get people involved and help grow the coin via community funded projects.
 
Governance System
With a large chunk of all coins mined going towards community treasury it gives the community a lot of coins to use on various proposals that will be voted on by the community. These proposals can be pretty much anything helping the coin grow and the community gets to determine if it is a good idea or not. Each vote is equal to 1 smart cash.
 
As of writing this, there have been 3 community proposals that have been funded. Those 3 include:
 
 
As the community gets larger, I’d expect the number and quality of proposals to improve and then we will really get to see the benefits of this funding system.
 
Instant Transactions via InstantPay
 
This is a feature that is going to be implemented in the near future and would allow for near instant transactions. This is crucial to have if you are trying to be a coin that is used for everyday purchases, which SmartCash is trying to do.
 
Not on any Major Exchanges
 
Currently, the exchange with the largest volume where you can buy SmartCash is Stocks.Exchange and Cryptopia. Whenever Bittrex or Poloniex get around to adding this coin there should be a nice pump. Now is the time to accumulate!
 

What I Don’t Like

I’m not a fan of coins with a large supply of coins and SmartCash has 5 billion coins as its max supply (451 million circulating). The idea behind having so many coins was to become the everyday coin that is used and its easier if people are paying in a small amounts. I get the idea behind it, but I would still prefer a coin with a smaller supply.
 

Investment Potential

This coin is still fairly new and a lot of people have still never heard of this coin. I think as more people become aware of SmartRewards and the insane monthly returns that people will start to flow into this coin. Couple that with things such as masternodes (coming soon), InstantPay, a functioning governance system, and anonymous transactions and you have a severely undervalued coin at $2.5 million. Short term potential for this coin is at least $10 million market cap, but $25 million within a few months is completely reasonable. This coin has all of the characteristics of coins that are worth hundreds of millions of dollars so I don’t plan on selling this coin for a while.
 

5. Crypto Bullion (CBX): $1.3 Million Market Cap

Last but not least we have Crypto Bullion, which currently has a market cap of $1.3 million. This coin was originally developed in 2013 but has seen recent improvements that have made it a great dark horse pick. This coin is a 100% proof of stake coin that was originally created as a way to store value with a yearly interest rate of 2%. as mentioned above, it has become way more than this with the new developments that are currently under way. Let’s take a look at why I like this coin.
 

Why I Like Crypto Bullion

Crypto Bullion will be having a hard fork before the end of the month where they will be implementing quite a few new features that I think takes this coin to the next level. Some of these features are as follows:
 
Masterbodes are Coming
 
Once the hard fork occurs, masternodes will be coming to CBX along with Zerocoin anonymity. Once the masternodes have been implented it will make CBX one of the cheapest masternode coins on the market. These masternodes will earn roughly 9% — 18% yearly plus any of the fees they make from transactions. It will cost 2,000 coins to run your own masternode, which is currently around $2,000.
 
Solid Roadmap
 
They have a very solid 2017 roadmap leading into 2018 and they are planning on releasing a 2018 roadmap once this one is completed. I would expect a lot of cool new features to be added on the next roadmap. See their roadmap here
 
New Wallet Being Released
 
They are currently putting the final touches on a new wallet and getting ready for the hardfork. All of this should be happening by the end of September.
 
Low Supply
 
As of right now, there are only around 1 million coins with a very low inflation rate of 2% per year. With staking, you would make around 6% per year in interest. This means the coins are rare and scarce.
 

What I Don’t Like

From what I have seen, the communication from the dev is subpar and you can be left in the dark at times. Also, even though they have some cool features in the pipeline, they aren’t really bringing anything new to the market.
 

Investment Potential

I think CBX has built itself a nice little niche with becoming a true store of wealth, unlike Bitcoin, and that fact alone should make it worth more than its current market cap. However, with the upcoming hardfork that will bring masternodes and a new wallet we should see a lot more investor interested in this coin. I’m holding this coin until at least a $10 million market cap and probably even longer depending on what kind of developments happen in the meantime.
 

Honorable Mentions

I’m not going to dive deep into any of these coins below, but they are worth mentioning.
 
 

Wrapping this Up

That is going to bring this article to an end. I hope you enjoyed reading and found a coin or two that might interest you. These 5 coins are all coins that I will be holding for nothing less than 10x each, probably even more. These are not your “safe investment” coins by a long stretch, but if you’re looking for some high risk/high reward coins then these might be of interest to you. I’d love to know what coins you are all fans of that I didn’t put on the list. Please share in the comments below. Thanks for reading and if you enjoyed this article please follow me on medium for more posts!
submitted by jshogren10 to CryptoCurrency [link] [comments]

Merchant mondays- Fork edition

Welcome back to Merchant mondays

Merchant mondays is the moment to show your appreciation for the businesses that lead the way in the adoption of cryptocurrencies. Instead of paying with fiat for your next purchase, use this Monday initiative to pay with VTC instead.
Vertcoin Merchant website
This monday i'll mention two stores for you to take a look at. Both of them offer a nice variety of items. Teepublic offers a lot of different kinds of clothing and Flubit sells practically everything you can imagine. Check out their fork related items below

Debit cards

With UQUID, buying online and sending money to friends is made easier and safer than ever: all you need is an email address. Your money is protected, no personal information is revealed, and you can retrieve the details of every payment at any moment.

Charity

Helperbit is a free and transparent way to support a charity project. You can donate to charity in Vertcoin and give something back to the world.

Education

LearnCrypto offers training about Crypto trading.The team at LearnCrypto.io has dedicated thousands of hours to educating the public and our students in all areas of Cryptocurrencies.

Food

PexPeppers is specialized in "finest chili sauces, jellies, salts, seeds & more." Based in Pueblo, Colorado, USA PexPeppers is selling all over the world.

Garden & Agriculture

Royal Queen Seeds is amongst the fastest growing cannabis seed companies in Europe. After building up many years of experience in growing cannabis seeds in the Netherlands, we decided to launch our own line of cannabis seeds and are now able to offer you quality feminized, autoflowering and medical seeds at a good price.

Gift Cards

Coincards provides Giftcards and was created in July of 2014.
Crypto De Change provides Gift Cards and Silver Buillons since July 2013.
Giftoff is a "digital gift card retailer with the largest range on offer in Europe. Since 2014 we’ve been enabling digital currency users to shop with major retailers like Amazon.co.uk, Steam and Marks & Spencer. We stock over 70 gift cards and accept over 40 digital currencies as well as UK credit and debit cards."
The Sheldon Store is a online store where you can buy giftcards with Cryptocurrencies. You can buy Amazon, iTunes, Google Play, PlayStation, Uber, Netflix (and many more) gift cards. The Sheldon store team consists of cryptocurrency enthusiasts working together, driven by a single goal; to create a world where everyday people earn, spend and invest cryptocurrency like they would any other fiat currency in their everyday life.

Goods/Merchandise

Astronaut Apparel makes every effort to operate in a transparent and ethical manner. We will be integrating blockchain features to help with supply chain management, so that you can see exactly where your apparel was made.
Barter4Crypto is a platform where users can offer and pay each other in cryptocurrencies for services and products.
Bullcrypto is a brand new apparel shop that sells everything from tshirts to hats or from mugs to posters!
An online marketplace (similar to Ebay) with buyer and seller protection. This platform allows you to buy and sell products for Crypto with escrow possibilities for Vertcoin.
Cyroline is on "the tireless hunt for the special in the fashion world, the perfect fusion of individual styles, quality and sustainability." In physical stores you can pay with Vertcoin in Germany: Lübeck, Berlin, Hamburg, Cologne, Stuttgart.
C&P provides crypto related fashion and is "shipping worldwide with live rates and tracking."
"Cryptobird is a partnership to start a full crypto based webshop with high quality fashion to contribute to a wider cryptocurrency adoption around the globe."
Crypto Compound provides "cryptothemed items" like fashion, mugs & more.
Cryptoble provides "apparel and more". Here are crypto related shirts & mugs.
A webshop selling Crypto mugs (obviously) and some other cool items such as Tshirts and Drones.
Epic Pants is an online retailer who sells products in the categories hardware, apparel, styles, gear, fun, music and art.
Shop over a million products at Flubit and pay with Vertcoin. They offer a range of products, from electronics to stuff for your home. A one-stop-shop if you are looking to spend some Vertcoin. Check it out!
GeekBox "offers a wide variety of services including but not limited to basic computer setup, repair, virus removal, server setup, network setup, consulting, purchasing, cloud computing advice, gaming system and electronic repair." As a nice special GeekBox IT provides a Vertcoin Tshirt.
Hipptee provides a range of different cryptocurrency tshirts.
Hodler Tees is a cryptocurrency centered tshirt company based in Frisco Texas! (USA) We sell all things crypto related from hats to tshirts and even posters!
KPV provides Vaporizers, "electronic devices that help you vaporize your material into vapor for cleaner inhalation. People looking to quit smoking cigarettes are the main reason behind vapes."
Founded in 2018, their mission is to promote cryptocurrencies in popular culture with high-quality crypto apparel.
LP is an online store and community. We service the world, no order is too small or too large.
Luma Cards is selling greeting cards for all kinds of occasions. You can now buy high-quality art-based greeting cards with Vertcoin.
"At Nakamoto Clothing, we're passionate about designing and curating a selection of apparel to help grow this movement of change. And we're electrified AF!", international shipping.
Quinsolo proudly accepts decentralized cryptocurrency payments for their crypto themed products.
Online marketplace selling crypto embroided polo shirts
Spreadshirt provides shirts and more. Based in Greensburg, USA, the owner comes from the Netherlands.
Shillshop provides stickers in outdoor quality and is "based in The Netherlands, all the products we sell are also produced in The Netherlands to make sure you'll receive the highest quality!"
Teepublic provides apparel, home goods, shirts, stickers, mugs & more.
RB gives "independent artists a meaningful new way to sell their creations. Today, we connect over 400k artists and designers across the planet with millions of passionate fans." RB provides a huge asortiment of designed products like bags, wall art, home decor, apparel, stationary & more.
VTCmarket is founded by the Dunn twins Raf & Tom: "We’ve started off with Tshirts and are working on expanding with other products and merchants"
Jzzsxm's Online Store provides a 1.5" diameter metal Vertcoin Medallion. Each medallion costs 2 VTC and comes with a metalized label containing a wallet address QR code of your choice affixed to the back.
WikiLeaks is a multinational media organization and associated library. It was founded by its publisher Julian Assange in 2006. The shop provides shirts, posters and asseccoires.
Zazzle is a "marketplace, you'll find customizable products, art and createyourown products just waiting for you. We're PhD's, professional artists, manufacturing gurus, patent holders, inventors, musicians, and more. Everything we do is an expression of love." As a nice special Z provides Vertcoin shirts.

Medical

Acupuncture in Massachusetts

Multimedia Services

RDS is Central Virginia’s drone service specialists. From preparation to content delivery, we perform all work to perfection. We can act as both an aerial film consultant or as the remote pilot in charge on your next projects.
Calvin West is a music producer and lyric video artist. Currently based in Spain but with project all around the world. You get a discount if you pay with Vertcoin. Take a look at his projects!

Professional (law) Services

Burrell Law "Our New York Citybased attorneys provide a broad range of transactional legal services" Every large business was once a small business. We are here to help you find a solution for your legal needs.
Bitcoin Tax is "calculating capital gains/losses for any cryptocurrency. Do you know the costbasis of every coin you own? Are you tracking the profits and new basis when you spend or sell? Can you work out the best way to identify your trades to optimize your taxes? Let us do it for you."
The Crypto Lawyers "we are a team of U.S. qualified lawyers dedicated to helping individuals, businesses, and organizations navigate the legal intricacies of cryptocurrency and blockchain technology. We commit ourselves to strategically and aggressively represent our clients in their transactional and litigation matters."

Printing

"Catdi is a commercial printing company with additional specialization in web design. Offering costeffective commercial printing, direct mail, graphic design and web solutions to small businesses. Proudly Serving Houston and surrounding communities for over 10 years."

Technology & Internet

AirVPN is a VPN based on OpenVPN and operated by activists and hacktivists in defence of net neutrality, privacy and against censorship.
With Crpto.space, you can get all the information you spend time checking, instantly every time you open a browser on your desktop or mobile device. Premium package includes the vertcoin homepage and wallpapers.
Jagoda (strawberry) is a videogames platform aiming to distribute digital services for cryptocurrencies that show a direct interest in social activism on different layers.
Evolution Host is a hosting provider where you can pay with Vertcoin. They offer VPS hosting, IRC hosting and game servers on several locations around the world with highend hardware.
"FastTech is the technocentric destination for all your geeky needs and more. FastTech is committed to become the most loved and trusted electronics marketplace by offering superior shopping experience, timely shipping, and stellar customer service."
The first GPS tracking company to accept cryptocurrency as payment. Easy to install and easy to use with options for just about any type of vehicle or trailer.

Video Games

Cavemen Studios is a developer of video games. "Having over a century of combined experience on how video games tick, we've finally decided it's time to start creating our own products."
"Keys4Coins is one of the first pc game stores who only accept cryptocurrency as payment. Our store is simple to use and you can shop anonymously. Only an email is required so you can receive the license."
"Our aim is to provide the fastest, easiest place to buy Xbox Live Gold subscriptions with cryptocurrencies"

Wallets & miscellaneous

Designed Vertcoin public and private wallets that can be used as paper wallets or given as gifts.
LaserLightning provides one etched wooden Vertcoin with the Vertcoin logo burned into one side, and your custom QR code on the back. These coins are approx 1.5 inches in diameter.

(NSFW) Adult shops

Toys4Sex is Australia's Online Adult store retailer intended for men and women. Toys4Sex comes with a specially selected range of products that has made its mark within the Australian adult market place.
submitted by thatmanontheright to vertcoin [link] [comments]

Consensus Network EP35: Cryptocurrency and Asymmetric Risk with Teeka Tiwari

Catch the full episode: https://www.consensusnetwork.io/podcastepisodes/2019/9/8/ep35-cryptocurrency-and-asymmetric-risk-with-teeka-tiwari
Buck: Welcome back to the show everyone. Today my guest on Wealth Formula Podcast is no stranger to the show. He's a guy who grew up in foster care and came over the US at the age of 16 with just 150 bucks in his pocket and the clothes on his back. And then by the age of 18 becomes the youngest employee at Lehman Brothers. By 20 he becomes the youngest vice president in Lehman history. Later in his career he goes on to launch successful hedge fund and lived the Wall Street dream. I mean he's known on Wall Street as the guy who's made a fortune on what is known as asymmetric risk which is what we’re going to talk about in quite a bit and for the rest of us, for many of us that is, he is best known for being the editor of the Palm Beach confidential newsletter which focuses on digital currencies and I am a subscriber to this by the way. Teeka, welcome back to Wealth Formula Podcast, Teeka Tiwari.
Teeka: Thanks Buck. It’s a pleasure to be here and thank you for having me.
Buck: Yeah so you know you were on not too long ago and some people are listening to the stuff about cannabis and they're probably thinking to themselves, why is this guy talking about cannabis and digital currencies like what is his specialty? In fact the way I'm thinking about this there's one main thing that they have in common, they're both in this area that you call and we call asymmetric risk which is really your thing. Discuss what that means and if you would how have you applied it to your own growth and ultimately to your own wealth.
Teeka: So before I get into asymmetric risk I want to talk about how I discovered asymmetric risk and how I changed the way that I yeah. So when I was in my 20s I developed a lot of wealth by taking massive risk in the stock options and commodities market. And I would bet huge positions. And then that all came to an end in the late 90s when I was on the wrong side of a series of trades that were triggered by the Asian financial crisis which ultimately compelled me to file for bankruptcy. And so I had lost about ten years of wealth creation which was considerable at the time. And what I learned was that I had to change my approach that I couldn't get it all every single time otherwise I would never get off this boom-and-bust merry-go-round. So what I realized was is that I would I would build the portfolio of somewhat safer more income oriented investments and then I would focus on these ideas that are called asymmetric risk trade. So what's an asymmetric risk trade? An asymmetric risk trade is where you can take a relatively trivial sum of money and if the idea doesn't work out it doesn't impact your net your net worth or your day-to-day lifestyle in any way shape or form. But the asymmetric part of it is is that if it does work out it can absolutely move the needle on your net worth. So an example of that would be something like neo which I recommended at around 12 cents that ended up going up to about a hundred and sixty one dollars so that's something that you could have put a thousand dollars in and turn it into over a million dollars. That's a classic asymmetric trade. So what I what I tell my readers is you can't build your whole portfolio around high-risk asymmetric trades. But if you take let's say five to ten percent of your liquid net worth and allocate it to these types of situations in a and one of the things I talk about is using uniform position sizing, what you put yourself in the position to do is absolutely grow your network sometimes three four five six X without putting your current lifestyle at risk and it is a sweet spot of wealth creation that I've created and popularized now for several years that has not only transformed my financial life but the financial life of many of my readers.
Buck: So as you know Teeka my group the Wealth Formula Group in general I mean there's a lot of people who are well-to-do they're you know accredited investors they have you know typically probably more money to invest than others they're you know and I say this because there is a little bit of a difference there when it comes to somebody who's barely getting by living check to check, that there is an opportunity in your portfolio to say okay what percentage of this portfolio could I put in that I mean listen if I lose it no big deal I mean I won't be happy about it but it won't hurt me that much on the other hand this could explode. Now when you look at it from the perspective of somebody who's got a fair amount of money and link who's investing you know several hundred thousand dollars a year or maybe a million dollars or something like that like what do you think is a reasonable amount of a portfolio? Like I know for example that even universities are getting into this and they're looking at hey maybe you know 1/2 of 1% or something like that I mean I know you're not in the business of giving financial advice but I'm just curious kind of what your approach would be in terms of allocation.
Teeka: So again generally speaking I would say 5 to 10% of your liquid net worth. So let's say you've got a business that kicks out a million a year that you have to allocate for your investment 50 to $100,000. Definitely nobody likes to lose 50 or a hundred thousand dollars but it's not going to have a material impact on your lifestyle but if you invest 50 to $100,000 and these asymmetric bets pay off you're talking about five six seven eight ten twelve million dollars in returns on what is a relatively tiny investment relative to your net worth and that is the beauty of this approach.
Buck: Yeah and and I'm glad you said that because that's exactly kind of where I'm at sort of lingering between five and ten percent you know and for me you know I I kind of put this in there about you know I kind of put this in that area with startups right I'm not gonna I'm not gonna have a separate category just for digital currencies but anything that is super high risk and high reward and I'm sitting about five or ten percent.
Teeka: That all goes into the same bucket so that's right that for everybody it's not just oh this is crypto currencies five to ten percent and startups is five to ten percent. No all go into the same bucket is asymmetric risk.
Buck: Yeah now okay so we kind of got ahead of ourselves and you know you haven't been on the show talking about crypto currency in a fair amount of time we have a lot more new listeners now so for those who know very little about cryptocurrency but they're smart they're sophisticated say they're a group of you know I know worth investors you're talking to you they've not heard about this how do you explain this in the most efficient way possible and what the significance of it is?
Teeka: Okay so that's a really big question.
Buck: Yeah no I don't but I bet you've answered it a few times.
Teeka: I'm gonna take a shot at it. So listen as a wealthy investor myself why would I want to bother with cryptocurrency? I'm already rich why do I want to mess around with this? So I'm gonna answer it from that perspective. One it's always nice to make more money. But two the bigger reason is, is what I want people to understand especially wealthy investors is that it's very rare to invest at the beginning of a brand-new asset class very very rare right it's brand-new asset classes though just don't come about. Digital currency is a brand-new asset class that has legs. So why does it have legs? It has legs because we have never had an asset class that is completely non correlated with the business cycle. It's never existed before. Every asset class in the world is somehow tied to the business cycle gold, industrial, metals, currencies, stocks, bonds, they're all tied to the business cycle in one way shape or form things like Bitcoin are not so why why does that make it valuable it makes it valuable because if you are pension fund you're allocating capital across traditional and non-traditional assets you still have this problem of deep correlation right the business cycle falls apart and you're taking hits across the board. So there have been studies that have shown just with a small allocation of Bitcoin anywhere from one to five percent across the portfolio even though Bitcoin is wildly volatile because it is not correlated and not tied to the business cycle it actually reduces your overall volatility and your overall risk in your portfolio and that is incredibly valuable. So just from a high level portfolio construction standpoint you will see the world's hedge funds, pension funds, massive allocators of capital start to move tiny slivers of their money into things like Bitcoin and we're talking tiny slivers of an 80 trillion dollar pie right it's in real terms its enormous money in relative terms relative to what they have under management it's a small amount but when you're coming off a base where the whole markets only worth 300 billion it doesn't take much to move the market. So that's from the high level that's why you must have some cryptocurrency. And then the next level beyond that is that mankind has never had an asset there's never been an asset we're a stronger man couldn't take it from a weaker man. So whether it was the caveman knocking one guy over the head for his shells or the government coming in in Venezuela and confiscating money or the Argentinian government saying oh we're having a holiday and taking all your assets from the bank something Brazil has done on multiple occasions. You know the everyday person has not had this ability to hold an asset that has been beyond the confiscationability of a government so something like Bitcoin and digital currency if you are smart and how you buy it if you don't talk about it you buy quietly and you store it appropriately it is absolutely impossible short of somebody putting a literally putting a gun next to your head for them to take that asset from you and that is remarkable because even if you've got a million dollars in gold and you somehow manage to hide it how are you gonna travel the world with a million dollars in gold how are you gonna spend a million dollars in gold you just gonna go to the store and break a piece off with a piece of pliers you just can't do that the beauty of digital currency is you can walk around with a thumb drive that big with a billion dollars in it and nobody knows and let's say hey oh I don't want to keep a billion in Bitcoin I want to do it in a stable coin fine put it in a stable coin. But this idea this portability of money and this complete ownership of an asset that nobody else has any ability to take from you that is valuable that is incredibly valuable.
Buck: So let me ask you a what may seem like a very basic simple question but I think it's worth asking. So why is it so volatile why is Bitcoin Ethereum for example why these are the major the two biggest by market cap why are they so volatile and you know to the extent that they are uncorrelated do you see that as a function of the size of the market cap or is it something else inherent about digital currencies that makes it this volatile?
Teeka: I think it's both. One they're relatively small so if for instance if you look at Microsoft in its early days it was a crazy volatile stock up 40% down 40% down 30% going through bear markets that lasted two years wrecking billions of dollars in value you look at the early days of Microsoft from the 80s into the mid 90s the stock was all over the place and then as the stock got bigger and more mature of course volatility tamp down so you will see that. So what I say with volatility is that welcomed that volatility without it the opportunity to make enormous amounts of money off a small amount of money won't exist. At some point Bitcoin and the theorem will move to this more blue chip status where maybe you make eight percent a year or six percent a year or something or something like that thank goodness we're not there yet. The other side of it is is that there you know the markets that are built around trading these are completely unregulated. They're wild. And there's all types of crazy manipulation that goes on in the market you have some Bitcoin whale let's sell a thousand coins and scare the market down and then let's go buy back 2000 coins it's the Wild West and somebody a skeptic might say well why do I want to buy now why don't I buy when the market calms down because when you buy when the market calms down and it's moved to this very highly regulated very low volatility asset it could have ten x between now and then. So yes there is volatility but I believe if you position size rationally you will be well rewarded for that moment for that volatility and that uncertainty.
Buck: So admittedly I was skeptical of cryptocurrency early on and you know I finally did get in and my timing was actually really good it was a fall early fall 2017 right before a massive bull run. And that of course was followed by what has been called crypto winter. So the question is, is winter over because it sure seems like it's an awful long thawing period I mean no we seem like to have gotten there but there's a stall is it over or do you still see some you know rocky shores ahead before there's a you know big move potentially to all-time highs?
Teeka: Well no crypto winter was over in April. I put out a report talking about that and I pinpointed when that happened it happened when Bitcoin broke its downtrend line. So if you go back and if you look at each of the so-called crypto winters or horrible bear markets that have been in the space Bitcoin will always lead the market first always and then the altcoins play catch up right so it feels worse than it is right now because the alt coins got crushed and many of them have stayed crushed they haven't come back that’s probably the most popular question I get take okay bitcoins up and it's you know been up as much as 400 percent this year but why aren't the old coins moving and my answer is because it's not yet time. If you look back at the data generally there is at least a six-month time lag between the time Bitcoin breaks its downtrend line and the time that the alt coins move higher. So that that next stage we'll be entering to in about October and you'll see a percolation in the alt coins and they'll start playing catch-up.
Buck: Does that also correlate Teeka with Bitcoin like an all-time high for Bitcoin though? I mean I mean obviously Bitcoin has recovered substantially we're like you know three four hundred percent up from you know where we were when Bitcoin was at you know three thousand. The question I have is and I have not looked at this history closely even though there's this recovery, do you have to start approaching all-time highs for those alts to really make their move is that what you've seen historically?
Teeka: No you look back when they all started playing catch up in 2016 Bitcoin was starting to move higher and then going into 2017 and then the alts really didn't start kicking in until around May and that's when they started moving and eventually the alts outpaced the type of action that was going on with bitcoins. So if we look back at how the altcoins move generally what happens is you have a new series of buyers that come into the market and they're all centered around Bitcoin. And that's happening right now. Kelly Lafleur just announced from backed that they're gonna have physically backed futures have been approved September 23rd I believe is the date that they're actually gonna start trading. So this brings in a whole new group of traders a whole new group of investors and then so they start getting their feet with Bitcoin and all of a sudden they're there they might not even know anything about alt coins Buck that that's the thing right for a lot of people out there to them when they think digital currency the only thing they really think of is Bitcoin.
Buck: So as the alt coins are just anything that's not Bitcoin for anybody what we keep talking about so anything Ethereum, any other and any other token that's not Bitcoin generally it's called an altcoin.
Teeka: Right so as they come in they start getting exposed to these other coins and then they start playing with them and they start investing and then they start trading with them and all of a sudden people look at look at Bitcoin and they look at something else it's a little bit smaller and they say okay let's let's play around here and then you start seeing this broadening of the rally.
Buck: So you think that this time around though specifically I know you you you're part of your thesis is that this time around may be different because you know bigger money institutional money, but one of the things that we've really looked at or you've looked at and talked about is you know one of the limitations to big money coming into this stuff is custodianship but the altcoins a lot of the old coins most of them are not gonna have that kind of infrastructure so does that I mean just playing devil's advocate does that then say well they may just stick to whatever they can buy on Coinbase and Bakkt.
Teeka: Well they have well these coins most of the all coins are ERC 20 coins so in terms of having the infrastructure as long as you can support ERC 20 you can support hundreds of coins that currently trade and so if you look at what Bakkt is doing they're gonna be supporting Bitcoin first and then they're going to be supporting Ethereum. So if they support a theory they will naturally support every other ERC20 that's out there and remember companies like Bakkt they're in the business of incentivizing trading because they get paid for everything that that goes through their network. So it would be odd to imagine that they're only going to limit their entire business models with just the trading of Bitcoin it doesn't make any sense. If you look at what they've done in the securities market they haven't just limited themselves to the trading of the S&P 500 they trade everything so I do think that liquidity will trickle down into the whole market and of course the ERC 20 coins I think will be the first to get the most amount of liquidity because it will be the easiest to support from from a back end technology standpoint. The other thing I want to mention is that another driver of the alt coins would be what I believe will be a proliferation of securitization products. So ETF's different types of futures I see a world I've gotta believe within the next 12 months we will see an ETF that will give us the ability to own 20 30 40 maybe 50 coins in one ETF that trades or one type of security that trades maybe it's a coin put out by back and says okay you buy this coin and you've got the top hundred altcoins exposure to the top hundred alt coins.
Buck: Right and then you know I know a lot of people bring do you talk about the ETF for Bitcoin and this has been sort of bounce back but yeah you know we're delayed with the SEC several times do you really think of that as a big deal compared to some of the other movements that you you mentioned Bakkt and I think there's LedgerX things like that where that are allowing for institutional buyers to dissipate is an etf really make much of a difference in your view?
Teeka: I think an ETF is important but I think the SEC is becoming less important in that process and I'll tell you why. Several very large brokerage firms from the Fidelity to eTrade to TD Ameritrade have announced that they want to offer Bitcoin trading to their users. So I'm talking about a system where you can log in click on a button on your Fidelity account and you can start trading Bitcoin the way you with the sp500. Once that comes out let's assume it comes out this year which they've talked about but they want to do it this year but we'll see everything seems to run a little slower than people think. But if that that comes out this year and something like 15 to 20 million people can now trade Bitcoin directly from their brokerage accounts to me it makes an ETF a foregone conclusion because the SEC has no reason now to stand in the way of it. And that's what I'm think that they're waiting for Buck the SEC is not known for blazing a trail the SEC is not known for moving ahead of the market. So if they can look and say well Fidelity is offering it TD Ameritrade is offering it Schwab is offering it we are asses covered if we approve an ETF I think it's really a CYA problem with the SEC they don't want to be the first to make this move and let's say there's a problem with it and everybody blames the SEC.
Buck: You know there is this product data that I know of maybe you could talk about this because then you know in the context of an ETF and being able to buy Bitcoin easily you know.
Teeka: I look at the there's a grayscale Bitcoin trust gbtc which is publicly traded I mean what's the difference what am I missing there I mean that's a closed-end fund that has limited liquidity and sometimes trade at a hundred percent premium.
Buck: Yeah okay so lots of things happening in the spaces you mentioned and one of the things that I think that that you said that is very seems very clearly true whether or not what you know whether or not you believe there's gonna be another bull market is there's a ton of of Technology improvements and infrastructure and all these things that are going on and price mean a lot more by the way then back in 2017 when prices were off the charts so within that context what are you know say they the one or two things that are you most excited about in the space that gives you the greatest confidence that this is you know this is the the new you know the new dot-com era I guess after the rebels fell as you mentioned before offline and you know the rise of the Amazons and the apples in the crypto world.
Teeka: I'll tell you why it's because I'm finally seeing major corporations real corporations doing partnerships with crypto companies not memorandums of understanding MOU’s are meaningless but real partnerships where they're actually using the technology this is stuff i talked about a year ago. Eighteen and a half months ago I said like real companies are going to start coming into this space they're gonna start partnering with some of these companies and start using the technology and it's happening. I'm seeing real businesses like Barclays put up their own money to back certain platforms I was like for instance with trade finance. BMW putting up their own money for back in logistics. So this is a huge shift in in in the type of person that is getting involved in the marketplace. I'm seeing massive credit card processors get involved with tiny startups because they want to piggy back what's going on and the markets that they're opening up with with their with their applications. So this to me Buck is is such a difference maker right like if we came into 2019 and none of these deals were happening I would say I would be on here and I would say buck you know what the cake just isn't baked yet man we just probably gotta wait another year. But when I start seeing very large very smart corporate players making strategic moves to align themselves to certain projects, you can't ignore that. This is something you can't ignore. And so this is what has me incredibly excited for this next phase that I see taking place in crypto.
Buck: You know one of the one things that you mentioned earlier and you've mentioned in the past which I agree with generally speaking is that you know some level of regulation is a good thing so that it becomes less of a manipulated market. So it becomes something that you know larger big money investors and institutional investors take an interest in because they don't want to be in something that's you know that's that's not legit. There is a negative a little bit to that and that some opportunities out there are you know start or you're starting to get restricted in terms of American investors. You know one of the examples I can think of to me is one of what I'm probably one of the biggest things is Binance which is you know the number one trading platform in the world is now effectively you know saying US investors we'll see you later we're gonna build something you know sometime and we're gonna call it you know Binance US and we're gonna have a lot fewer tokens there what concerns me is an investor in some of the various digital currencies at that point is well how does that affect my liquidity as a US investor and I'm wondering how it is affecting your your portfolio?
Teeka: Okay so there's a couple of things around that and I can't advise people to do this I can only report on what some people are doing to get around this geofencing. They're using Virtual Private Networks. With the use of a virtual private network can get access to any exchange in the world so long as they're using a VPN that mimics a country that this exchange is allowed to operate in. So as far as I know Binance is not doing anything to prevent anybody from using a VPN so just want to get that out there.
Buck: Jut to interrupt there I mean that that in itself is a little tricky though right I mean isn't it because then you've got to deal with you know US taxes and all that if you're dealing…
Teeka: Well you always have to deal with US taxes no matter what whether you're using a VPN or not.
Buck: So it wouldn't be illegal technically to use Virtual Private Network to use Binance?
Teeka: For me as an individual would I be breaking any laws, I don't think so but I'm not an attorney. Binance might be breaking some laws or but I don't think that I would be but again this is something everybody has to make their own decision with. But the other side of this is that by Nance is putting together their own decks which is a decentralized exchange which will allow for peer-to-peer trading and I think you'll see more of these types of decentralized exchanges which I'm a big fan of I hate the idea of centralized exchanges anyway. So there are some speed problems with decentralized exchanges but they're getting ironed out and I think within in the future a lot of trading is going to move to peer-to-peer but you're right it's certainly a concern for now I would say the biggest solution that I have read about and again I can't formally tell people to do this is to use a virtual private network.
Buck: The other question though I think as just as a follow-up on that Teeka is that okay so say you use a VPN but not everybody's gonna do that you know probably most people aren't gonna do that didn't then there's an issues just in terms of liquidity right or don't you think that's a problem anymore?
Teeka: I do think it's a problem but I also rely on the greed factor of the participants in this market that they will figure out a solution because there's too much money to be made for liquidity that wants to come into the market somebody will find a way to bring that liquidity into that okay so anyway so like you you know I believe that Bitcoin bull run is inevitable what do you think of anything what are you looking for that might trigger and I know you you're saying already that we're kind of in a bull market already but what triggers that sort of next level all-time high thing is there anything or do you think this is something that's gonna be more of a gradual rise or organic than it was in 2017?
Teeka: Well there are several things which I'm gonna be talking about specifically I don't really want to spill the beans on that here but I have an event coming up which I talk in more detail about a very specific event that I think will act as a massive catalyst. Outside of that I think this whole idea of I call it this kind of new narrative right among institutions where before two years ago three years ago they looked at Bitcoin and they said oh my gosh Bitcoin that's for Gun Runners and pornographers where we we have no interest in Bitcoin. And now they're starting to see Bitcoin as a way to eliminate this correlation risk in their portfolio. So I think that narrative will gain more ground in fact I've been invited to a conference in San Moritz with 500 top-tier investors and I will be putting forward that research that I've drawn together to that audience and really helping propagate that narrative because it is transformational if you manage a large pool of capital what you can do with your overall volatility and how you can adjust it lower through just a tiny amount of Bitcoin is absolutely remarkable. So I think that's more of a slow burn Buck, but as that gains speed I mean can you just imagine just the amount of buying if pension funds say okay going forward half of 1% of all our assets are going to be in digital currency.
Buck: I mean in part of part of understanding that for people is to understand one of the the great things about Bitcoin in particular is that this is an asset with that is fixed to a certain number of Bitcoin that'll ever be created so you know we've never really had a that kind of monetary thing before I mean to a certain extent gold is that way of course but even you know gold there's always more gold every year a little bit more gold. This is a truly deflationary asset that really where you know you put more money in the pot you know each one of those bitcoins gonna be worth a lot more and that I can't think of anything else that's out there like that.
Teeka: I agree.
Buck: I know you've got you know the the Palm Beach Confidential Newsletter Teeka I just have to compliment you because I you know I have been a reader for a couple years it is one of the most comprehensive and thoughtful investment newsletters I've ever subscribed to. I mean it is totally the real deal and I appreciate that and one of the things that people can't join any time and it opens and closes and I know that it is going to be opening up and you're going to do a webinar coming up on that but can you talk a little bit about the newsletter and the event that's coming up?
Teeka: Yeah sure so in the newsletter what I do is I will typically find one idea each month and give you a complete breakdown on the idea. And what I try to do I understand not everybody is a cryptocurrency enthusiastic of their currency investor and so what I try to do is write in a way that is easy to digest, easy to understand, not simplistic but very easy for the layperson to get their head around and to really understand the concept that we're talking about. And I have not opened up Palm Beach confidential for any new members for this whole year, this is the first time that I've done that and the reason is, is I only open up Palm Beach confidential to new members when there's an event that I think can have a massive impact on the broad market. So on September 18th at 8 p.m. I'm going to talk about one of these events and the last time this event took place you could literally take 500 dollars and turn it into five million dollars. There's only a few times in the history of crypto where you have those types of windows of opportunity and so one of those windows of opportunity is about to open and so at this event I'm gonna explain what it is why it works and why it will absolutely happen this particular event will absolutely happen there's nothing that can stop the event from taking place. And so I'm gonna share my five top coins, one of which I'll give away for free during the webinar that I think have that ability to go from five hundred dollars literally into five million. So it's an exciting time and I'm really kind of chomping at the bit to kind of get in front of everybody and talk about this research that I've discovered.
Buck: One last thing I want to point out is I get you know when we talk like this sometimes people get really skeptical they're like yeah that sounds a little salesy Buck that's not really kind of the usual thing that you're talking about and I get it right. The reality is this is a situation this isn't you know there are real people out there there are kids out there who've become multimillionaires by doing exactly this. And so it's real, that's why I'm interested.
Teeka: In my own investing I've seen a thousand dollar investment go to as much as 1.6 million dollars, ok so it's real. The other thing I want to convey to everybody I don't have to write newsletters anymore I don't have to come on podcast I can sit on a beach all I want ok. So why do I do this I do this because moving the needle on somebody's net worth maybe not this audience maybe my broader audience it's incredibly gratifying right helping people change their lives without putting their current lifestyle at risk that's I mean if that's my one legacy in this life could you ask for anything more Buck? Really it's incredibly gratifying to be able to do that and we have this opportunity now and but this opportunity won't last forever at some point this will be a multi trillion dollar asset class and the ability to make gains like that just won't exist.
Buck: Teeka, as always it's been a pleasure talking to you and thanks again for being on Wealth Formula Podcast.
Teeka: Thank you Buck.
Buck: We'll be right back.
submitted by Buck_Joffrey to u/Buck_Joffrey [link] [comments]

Tesla, Bitcoin and Cannabis Will Make a Massive Stock Rally in 2020 Potcoin & legal cannabis in Colorado, Nevada & California - Why cryptocurrency isn't a crime Bitcoin and Cannabis With Bitcoin Mom, Bill and Jack Mallers Cryptocurrency, cannabis and eco-conscious investing: What's ahead in 2020 Cannabis Wallet setup

Bitcoin is a digital or virtual currency created in 2009 that uses peer-to-peer technology to facilitate instant payments. It follows the ideas set out in a whitepaper by the mysterious Satoshi ... How to buy Bitcoin – these are the options to invest into the cryptocurrency. Ever since it launched in 2012, the exchange rate of Bitcoin has been performing a soaring rally, in spite of ... How to buy cannabis with bitcoin. I remember the first time I saw a mobile phone in person. While I don’t remember the exact year, I do remember what it looked like. And I do remember I was still at school. That would roughly put the timeframe in the late 80s early 90s. It was big chunk of a thing. Far bigger than the handset you’d find on pay phones at the time. But the most notable thing ... Note: Bitcoin with a capital “B” references Bitcoin the network or Bitcoin the payment system; bitcoin with a lowercase “b” references bitcoin as a currency or bitcoin the currency unit. Why Invest in Bitcoin? It seems silly to some people that one bitcoin can be worth thousands of dollars. What makes bitcoins valuable? Bitcoins Are Scarce invest Cryptocurrency and Cannabis. You might be thinking, “But wait! The cannabis industry is estimated to be worth $7.7 billion and is expected to grow to $31.4 billion by 2021, according to the Brightfield Group. That’s a lot of money!” And yes, you’re right. In one sense, there’s money to be found in marijuana, but the potential for growth is limited. Developing industries need ...

[index] [10029] [46132] [18844] [32606] [19275] [46928] [29224] [6796] [27193] [7656]

Tesla, Bitcoin and Cannabis Will Make a Massive Stock Rally in 2020

Bitcoin. My recommended exchange is CoinBase: Recommended wallet - Ledger Nano S: . Buy Bitcoin, Ethereum and Altcoins @ the best rates (Vi... cannabis wallet setup for computer and phone. cannabis coin wallet setup, cannabis coin collection. • How bitcoin’s recovery in 2019 will lead to a breakout year around the world. • Where the cannabis industry is headed as it spearheads the new vice economy. With Brooke and Bill being early investors in Bitcoin, Jack working on his Lightning wallet Zap and the family investing heavily in the cannabis industry, it was an excellent opportunity for me to ... CRYPTO CURRENCY VS MARIJUANA STOCKS I will have 3 parts on this topic part 2 i will be talking more about marijuana stock and companies like canopy and aurora.

#