Showing posts with label Ether. Show all posts
Showing posts with label Ether. Show all posts

Wednesday, July 8, 2015

Litecoins Amazing Move... While Bitcoin Grinds Towards 300

Today I own more Litecoin than ever before as it continues to surge in value... about 10 of them... and proudly only 2 bought over the 5.00 mark.... is this the long awaited moves by Bitcoin and the best alternatives? Who if anyone is behind the 100 million dollar `pump' in Litecoin....IF that is what it is. This being the beginnings of a possible time of financial crisis in China.... and Bitcoins name  even being used as a throwaway in a CNBC storyline about a possible direction for Greece to go? The politics of money.
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Talking Exchanges
My current BTC value at Cryptsy has hit a current high at .81 BTC and Bittrex has recovered a bit after I finally unloaded my Navajo at a brief upspike this week... up to .30BTC and Poloniex is standing at about .20BTC after being at .24BTC a week or two before. Nonetheless... the Crypto under control is about 1.31 BTC as of now. That does not include a little over a BTC at Coinbase.
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As most traders know... all exchanges are different and offer different attributes... but WHAT happened to the `history' data at Bittrex....??????    It seems gone..... and makes me less likely to continue trading there... 
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Today's Coin Pick
Ether

Thursday, May 28, 2015

Buying `Scarcity' In A Crypto Currency World

There's a bit of humor in saying that `virtual' items/currencies - can be in abundance or `scarcity' - but as one knows.... scarcity as an attribute is one of the drivers of `value' in our fiat world. And, one of the outcomes of my recent analysis that I did at Bitcoin - The Barf The Stew The Winners - where I conducted an analysis of Cryptos by `numbers available' - segmenting 543 coins into 10 segments of like numbered coins, is that I've changed my investments to a degree... to own that scarcity.

As you might assume and I do hope that you read the link - coins of each category had some real winners in value as perceived by the public. But -- for me -- the outcome for at least now was to prompt me into KNOWING the coins better that `are fewer in number'... and that has led to a near C-Change in how I am currently `investing' in the cryptocurrencies... namely, making sure the `scarce' coins are a bigger % of investments.
NEW COINS I'VE BOUGHT
*purchase price
CRYPTSY 
8BIT - 0.00016165
BITBAR - 0.00393939
RONPAULCOIN - 0.00008794
Now, I bought others too... but I wanted to show that many low count (scarce) coins can be had for a variety of prices. Rand Paul has already accepted Bitcoin in his campaign... can you imaging if he endorsed crypto or was forced to talk about the Ron Paul Coin? It would take OFF IMO.
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These are some new buys I've made on Bittrex that reflect an increase in scarce coins into my portfolio.

BITTREX
ETHER - 0.0029932
GLOWSHARES - 0.00002472
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Finally... some of the moves I've made recently at Poloniex based on buying scarcity.

CRYPTOGRAPHIC ANOMALY - 0.00003500 -
                                            0.00006300
BITCOINPLUS - 0.00052193
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Eventually, the coin market could ultimately be like the fiat coin market - less production means scarcity which means value -- don't be left out of having at least a piece of that strategy.
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Coinbase - The SOURCE For Bitcoin