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Last Post: 5/23/2018 11:46:52 AM - Followers: 4 - Board type: Free - Posts Today: 0

New message board for BlockChain/Cryptocurrency
***CAUTION... Many of the stocks listed here are easily subjected to manipulation...

Blockchain is a decentralized, digitally disseminated ledger of data. The basis of a successful blockchain system is once a new group of information, or “block”, is added, the information automatically disseminates and is downloaded to each computer on the network. This assures that if one computer tried to change information on a block, the consensus of all the other computers’ blocks would triumph. This process renders all information on a completed block decentralized and theoretically permanent.

A cryptocurrency is a digital currency typically utilizing a Blockchain system for transaction records and cryptography for security. The major differentiator from physical currency is it isn’t issued by a central authority and thus theoretically acts independently of traditional banking and government influence.

05/21/2018 Bitcoin and cryptocurrencies introduced by a community of entrepreneurs who as Shiller put it, "hold themselves above national governments, which are viewed as the drivers of a long train of inequality and war."

“KOIN...  ETF tracks an index designed to give investors exposure to global stocks that are participating in the growth of blockchain technology, which is being applied across a number of industries.” said Innovation Shares in a statement. “KOIN’s underlying index places stocks in one of four categories based on how they relate to the theme:
1. Cryptocurrency as payment; 2. Mining enablers; 3. Solutions providers; and 4. Adopters.”


 BLOK   Amplify Transformational Data Sharing ETF Top 50 holdings
The top ten holdings are Taiwan Semiconductor (NYSE:TSM), Overstock (NASDAQ:OSTK), Digital Garage (OTC:DLGEF), SBI Holdings (OTCPK:SBHGF), IBM (NYSE:IBM), Nvidia (NASDAQ:NVDA), Square (NYSE:SQ), Hive Blockchain (OTCPK:HVBTF), GMO Internet (OTCPK:GMOYF) and Intel (NASDAQ:INTC). Further down the holdings list are Red Hat (NYSE:RHT), Visa (NYSE:V), Oracle (NYSE:ORCL), AMD (NASDAQ:AMD) and Mastercard (NYSE:MA) - all seen as having some part of blockchain innovation. QIWI is included also? It has some interesting links to government-backed initiatives. (related to the release of the Russian crypto BitRuble

BCLN ETF holds shares of companies that committee “material resources” to blockchain technology research and development. Each company included is analyzed and assigned a “Blockchain Score” by the Reality Shares board. The Blockchain Score quantifies how much each company is expected to benefit from the advancement of blockchain technology. Every six months, the BCLN is rebalanced to include the 50 to 100 companies with the highest Blockchain Scores. The index weighting is also rebalanced based on Blockchain Score as well. According to the Reality Shares website, the BCLN’s initial top holdings include Intel Corporation INTC 0.33%, Inc OSTK 2.94% and International Business Machines Corp. IBM 0.02%
BLKCF Global Blockchain Technologies Corp is an investment company that provides investors access to a mixture of assets in the blockchain space, strategically chosen to balance stability and growth. Blue chip holdings such as Ethereum and Bitcoin are complemented by best-of-breed “smaller cap” crypto holdings, many of which are not yet available to other investors.
BKC an ETF  Brian Kelly, CEO of BKCM and BKC ETF Portfolio Manager. With over 30 industries exploring the use of blockchain, the emerging technology may fundamentally transform the way business is transacted. This disruptive innovation could impact supply chains, healthcare, governments, and financial services companies, among others.

BitCoin... CryptoCurrencies and BlockChain stocks...DApps (Decentralized Applications), ICOs (Initial Coin Offerings), and smart contracts.
Feb. 19, 2018 "Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time... Don't put in more money than you can afford to lose," warned Vitalik Buterin, the founder of blockchain network Ethereum. "If you're trying to figure out where to store your life savings, traditional assets are still your safest bet."

October 2017, UBS wrote that blockchain was “akin to investing in the internet in the mid-nineties,” estimating the technology could add as much as $300 billion to $400 billion of annual economic value globally by 2027Blockchain “is likely to have a significant impact in industries ranging from finance to manufacturing, health care and utilities,” among other market sectors, the bank wrote.
***I don't encourage trading cryptos currencies at this time... Feb. 2018

***GBTC... NAV and GBTC...Premium/Discount   GBTC trades at a very big premium so be careful...

 Clif High - The Top 10 Crypto For 2018
Bitcoin’s technological breakthrough allows anyone with an internet connection to buy and store something of value that’s neither tied to a state nor a bank. This allows the free market to decide what the demand (and price) should be for money, not a group of elitist, egghead economists who spectacularly fail once a decade.
This will be a liberating force as citizens are able to hold more of their own value and won’t be subject to the whims of a profligate government or monopolizing middleman. Bitcoin can be a check on people in power. Citizens now have the option to swap their domestic currency for bitcoin, avoiding hyperinflation and currency debasements that threaten their purchasing power.
Venezuela’s annual inflation rate is over 1,000%, and bitcoins are bought and sold at significant premiums as the locals ditch their worthless currency for something that can better store value.
Most citizens simply can’t pick up and move to another country, thereby voting with their feet. And in corrupt democracies like Ivory Coast and Zimbabwe, voting is inconsequential anyway.
However, the threat of millions of citizens voting with their wallets should worry dictators and autocrats from Caracas to Shanghai. A windfall of citizens moving out of their fiat currency into cryptocurrencies would be enough to spark a currency crisis and facilitate social unrest.
There’s a reason governments are fearful of bitcoin and have tried to suppress trading and ownership of the digital currency. When they lose control of the money, they lose control of their oppressed citizenry. BanyanHill

If you know little about Crypto the 2nd video first. Also you can see... there are many other Bitcoin BlockChain videos listed on YouTube.
May 2, 2018
Cryptocurrencies: Irrational Exuberance or Brave New World?
Feb. 2018
Navigating Investments from Cryptocurrencies to Blockchain  BitCoin Price
March 30, 2018 The price of bitcoin is on track for its worst quarter performance ever. The price of the cryptocurrency has fallen from $13,412 on January 1 to $7266 on March 30, marking more than a 45% decline… At a G-20 meeting this month, Argentina's central bank governor outlined a summer deadline for members to have "specific recommendations on what to do" and said task forces are working to submit proposals by July. Italy's central bank leader told reporters after the meeting in Buenos Aires, Argentina, that cryptocurrencies pose risks but should not be banned, according to Reuters. – Arjun Kharpal, “Bitcoin Is on Track for Its Worst First Quarter Ever with Over $114 Billion Wiped Off Its Value,”, .
The above article doesn’t tell the full extent of bitcoin’s woes as of late. When you consider that it made its all-time high on December 18, 
2017 at $19,458 and then plummeted to $5911 on February 6, 2018, that decline was a much larger 70% in only seven weeks than the decline of the first quarter 2018. The low of Friday, March 30, was down to $6553, still above the $5911 low of February 6, but getting close. Our historical studies at MMA following the burst of a “bubble,” show that most financial markets will then lose 77-93% of their value before reversing back up. Bitcoin is not that far from achieving that distinction, and as it nears this level, it is starting to receive media notice. At the low, there will likely be reports of its imminent demise. But, if history repeats its usual pattern, that will be just about the time that it starts to recover.

03/29/18 BitCoin down around 65% WHY ???
Fears of increased regulation in several key Asian markets—including China and South Korea. The move comes amid reports that three cryptocurrency exchanges were raided in South Korea this week over suspicions staff embezzled funds from customer accounts. In addition, the Philippines Securities and Exchange Commission has just issued a warning over a cryptocurrency investment platform it claims has been offering unregistered securities.
Ban of cryptocurrency adsTwitterFacebook, and Alphabet's (GOOGL) Google. 
European Banking Authority had previously noted there are "particular money laundering and terrorist financing risks associated with innovative payment products and services."

Mar. 28, 2018  Despite market wobbles, Barhydt is confident that prices will recover later this year as institutional investors such as hedge funds and asset managers begin to dip their toes into crypto. Speaking to Business Insider this week during a trip to Europe, Barhydt pointed out that some Japanese financial institutions began investing in crypto at the end of last year and that was partially behind the price rally at the time.
"There really is zero large-scale institutional money from the west in crypto right now," Barhydt said. "That is happening in Japan. Once a arge sizable chunk of Western institutional money starts to come in — watch out.

"Institutional interest is now starting to grow regardless of the Google trends." Barhydt said institutional investment in assets like bitcoin or ethereum will create a "halo effect" for the wider crypto market and he said: "That's going to happen this year I think."

Regulators around the world have been moving to crack down on cryptocurrency markets, which have been plagued by scams and hacks. The US Securities and Exchange Commission has in recent weeks reportedly begun looking at hedge funds that have invested in cryptocurrencies. Barhydt is unphased by this and believes regulation will actually help encourage institutional investors. "We're getting closer and closer to real clarity in the West that it's OK putting half a percent of your assets into crypto," he said. While half a percent is a tiny amount of exposure for big investment firms, it could still work out at hundreds of millions of dollars, which would be a huge boost to crypto markets, Barhydt said.

*****BITCOIN RESOURCES  Bitcoin is a revolutionary system that is quite complex and has a high learning curve. Make sure you have a decent grasp of the system before you store a significant amount of value in it.
How Can Investors Profit From The Crypto Craze?
Multi-Coin Wallet  Wallet

01/02/18 Fulfill your curiosity and discover how all the hottest digital currencies performed this year as Shanthi Rexaline conducts "Crypto Comparisons.""Crypto Comparisons"
Gold/Silver Ratio   When empires are about to fail, war looks like a great alternative to fool the masses as to what is really going on. Currency Wars, Trade Was and Shooting Wars...

Bitcoin’s computer code was unveiled on January 3, 2009, by the pseudonymous Satoshi Nakamoto. It deftly allows participants to complete transactions without having to rely on any centralized governance regime… Its founder wrote shortly thereafter, “The root problem with conventional currency is all the trust that’s required to make it work…” Bitcoin is particularly sensitive to any new uncertainties in the conduct of economic policy.– Kevin Warsh, former member of the Federal Reserve Board, “The Meaning of Bitcoin’s Volatility,” Wall Street Journal, March 8, 2018.

BitCoin is not an asset class yet... know that you're speculating.
May 11, 2018, Major cryptocurrencies tumbled Friday after news prosecutors raided UpBit, the largest cryptocurrency exchange in South Korea. Bitcoin fell 5.5 percent to $8,511, its lowest since April 20, according to CoinDesk's bitcoin price index. The exchange is the fourth largest cryptocurrency exchange by trading volume, according to CoinMarketCap's rankings of markets with fees. Evelyn Cheng, “Bitcoin Drops to 3-Week Low After Prosecutors Raid Largest Korean Exchange,”
Price Target BitCoin
2018 end of year price target: $50,000
2019 end of year price target: $100,000
2022-2023 price target: $400,000 - 500,000

Gold/Bitcoin Ratio...suggestion was 4ounces of gold to one Bitcoin...I'm not saying I agree but the range did go from 4-5 gold to one Bitcoin to 14-15 gold to one as Bitcoin went ballistic...
Tether Feb. 05/2018
Cryptotoken called Tether, a so-called “stablecoin” designed to maintain a stable value of one USD. Tether tokens are issued by a Hong Kong-based company that supposedly backs each new unit with a fresh dollar in its reserves.  Tether’s parent company has never published an audit of its reserves to prove that it actually has the amount of USD that it claims to own. What’s more, Tether’s importance to trading props up the value of bitcoin—meaning that bitcoin’s price may have been determined under false pretenses. A new anonymous research report dug into these potential issues through publicly available information. Commissioned by a group of investors called the 1000X Group, the report links sudden increases in bitcoin’s price to the arrival of newly-issued batches of Tether on a major exchange.

The author ultimately concludes that Tether could be responsible for nearly 40% of bitcoin’s current value. That could be a serious problem if Tether is actually fraudulent, which the author of the report argues. “It is highly unlikely that Tether is growing through any organic business process, rather that they are printing in response to market conditions,” the author said in a summary. Proving that Tether is actually backed by an equivalent number of dollars would require a third-party audit. The company did hire a New Jersey-based firm to conduct this audit, but that relationship has apparently dissolved in recent weeks.

Ethereum’s ERC20 token standard, causing Ethereum’s price to skyrocket. On January 1, 2017, Ethereum traded for $8/coin. On New Year’s Day a year later, it had risen 100 times that price to $800. However, recent moves by Google, Facebook and Twitter to ban crypto ads closes the chapter on the get-rich-quick schemes.
Additionally, heavy-handed regulation is likely, as the SEC recently ratcheted up pressure on a number of crypto firms. Last month, Robert Cohen, head of the SEC’s cyber unit, claimed at least a dozen companies have put their offerings on hold after the agency raised questions.

If  BUBBLES, Fads, and Mania are a human characteristic (mass hysteria aka collective obsessional behavior)...Humans be very flawed...Kiy...

What would a panic sell of Bitcoin look like...?...   A bunch of people trying to get their money back from nowhere.
"I may be a little bit over exposed, I am using a little bit of spidey sense, instincts etc. and I do not like doing that with the math based monkey brain attatched in my head..."  (LOL...:) ...from The 2-1/2 Minute Warning
Some comments from ZeroHedge:
Oh, you mean that so called currency based on nothing more than some electricity-wasting calculations? Now that's a real storage of value "=)
Seriously... whatever it is you buy, make sure it's something tangible and has actual worth.  When this illusion we're living under finally collapses, necessity will demand real things... not empty promises.
I prefer to invest in things that exist when the lights go out.  And I also try to remember that "Speculation" and "Investment" are different concepts.

Excellent points.  I'd like to add that booze, bullets and smokes will be the prime currency if "the lights go out".  Gold and silver will just be shiny metals to be taken by whomever has the most lead.
I buy it as a way to threaten the deep state. What all the bitcoin bots fail to mention is that they are in bed with the deep state in terms of allowing unlimited tracking and a fiat value based on algos. Silver stackers are the deep states nightmare. If we ever went from 1% of the population to like 5%, the deep state would collapse.
Fuk me sideways.  The only thing worse than a gold bug is a silver bug.  Let's just put it this way... the compounded rate of return on gold going back to 2000 is just over 8%.  Silver, for you geniuses?  4%.  I suppose silver bugs are only the 2nd worst thing.... Bitbitches by far are the worst.

From my perspective the only safe place to watch this circus is the sidelines. (..from a SeekingAlpha article)

Risk management has been completely thrown out the window. Big money is doing this. Retail traders can't drive markets like this. Absolutely stunning. The only way to participate is to chase. Laggards aren't worth buying. That which under performs bull markets will over perform in a bear market to the downside. The decade of easy money is finally exploding the bubble. It is truly a sight to behold. The eventual implosion will end empires. ...Circlem Jan. 2018



Nov. 2017  Bitcoin prices have again more than doubled since the last update, and "its price has now gone up over 17 times this year, 64 times over the last three years and superseded that of the Dutch Tulip’s climb over the same time frame."
Miners pay real world dollars to invest into computers commonly called bit mining rigs (capital) and then electricity to operate them (running cost).
If bitcoins cost more to generate than their trade in value in USD, the mining economy would collapse. First the capital would dry up, as it isn’t worth to spend thousands of dollars on new mining rigs and then bit by bit the existing rigs would be shut down as the cost of electricity exceeds the value of the bitcoin generated. No different than the fracking drilling rigs really….

As of Nov. 30, 2018 according to one calculation published on Quora you need 13,684 kWHrs to generate one bitcoin. In comparison a typical US home uses about 11,000 kWhrs per year. At the average rate of electricity of 12 cts/kWhr in the US, that equates to 1642 USD just for the operating costs. The Antminer S9 rig that was used for this calculation is available for purchase on Amazon for about $5,500. For $7,200 you too could get into bitcoin mining. But I wouldn’t recommend it. By the time one Antminer finds a bitcoin block, the goal post will have moved. If someone else finds it first, your work gets discarded and the clock restarts. You are competing with data center size installations, some of them located in Iceland where energy is cheap.

On the Madness of Crowds..."Once the crowd gains momentum in the direction of stupid, there is no stopping it."  not so famous quote by some guy...Circlem is official that bitcoin is now the biggest bubble in history, having surpassed the Tulip Mania of 1634-1637
Bitcoin is going up in price, not in value.

Goldman’s Sharmin Mossavar-Rahmani and Brett Nelson write. They note cryptocurrencies already dwarf both the dot-com bubble and the notorious Dutch “Tulipmania,” a period where tulip bulbs became a prized commodity between 1634 and 1637 and prices went haywire.

One of these days — it might be next week or it might be two years from now — Bitcoin, like Lehman Brothers or AOL, will ring the bell at the top of this cycle. It will be then that you will want something to bury in your yard like gold.

 ... WHY you ask...and HOW did things get so f*uckup...

 This link is the best read... 
Bitcoin is an illusion, a mass hallucination, so one hears. It’s just numbers in cyberspace, a mirage, insubstantial as a soap bubble. Bitcoin is not backed by anything other than the faith of the fools who buy it and of the greater fools who buy it from these lesser fools. And you know? Fair enough. All this is true.
What may be less easy to grasp is that U.S. dollars are likewise an illusion. They too consist mainly of numbers out there in cyberspace. Sometimes they’re stored in paper or coins, but while the paper and coins are material, the dollars they represent are not. U.S. dollars are not backed by anything other than the faith of the fools who accept it as payment and of other fools who agree in turn to accept it as payment from them. The main difference is that, for the moment at least, the illusion, in the case of dollars, is more widely and more fiercely believed.
In fact, almost all of our U.S. dollars, about 90 percent, are purely abstract?—?they literally do not exist in any tangible form. James Surowiecki reported in 2012 that “only about 10 percent of the U.S. money supply?—?about $1 trillion of the roughly $10 trillion total?—?exists in the form of paper cash and coins.” (The number now appears to be about $1.5 trillion out of $13.7 trillion.) There is nothing stopping our banking system from creating more dollars whenever the mood strikesOf the $13.7 trillion in the M2 money supply as of October 2017, $13.5 trillion was created after 1959—or, to put it another way, M2 has expanded by almost 50 times.
The U.S. dollar is what is known as a “fiat” currency. Fiat is Latin for “let there be,” as in fiat lux, let there be light; hence, fiat denarii, let there be lire, bolivars, dollars, and rubles. The temptation for leaders of nation-states to manufacture money has historically been practically irresistible. One evident result of this wantonness is inflation: The purchasing power of $1 in 1959 is now a little under 12 cents. The bitcoin blockchain was created, in part, to address this historical weakness. After the 21 millionth bitcoin is mined, in around 2140, the system will produce no more. ....more to read from the link above....

The graph below shows the purchasing power of the US dollar since 1913. 1913 is when the Federal Reserve, which is actually a privately-owned central bank, took over the US banking system. As you can see, it’s been pretty much downhill since the Fed took over.  In fact, the dollar has lost over 96% of its value.  That means today’s dollar would be worth less than 4 cents back in 1913. How much longer will the dollar maintain its reserve-currency status at this rate?

The Lifespan of Reserve Currency Status


The US dollar is the reserve currency of the world. A reserve currency is a currency that is held in significant quantities by many governments as part of their foreign-exchange reserves. A side-effect of being the world’s reserve currency is that whenever a country purchases a commodity, they do so using dollars. So when France imports oil, they do so using dollars; they have to buy dollars in order to buy oil. In a sense, the dollar is the US’s largest export and is one reason the US hasn’t collapsed already. The dollar’s days as the reserve currency are numbered, however, as this chart shows:   (Ron Paul) We frequently hear the financial press refer to the U.S. dollar as the “world’s reserve currency,” implying that our dollar will always retain its value in an ever shifting world economy. But this is a dangerous and mistaken assumption.

Since August 15, 1971, when President Nixon closed the gold window and refused to pay out any of our remaining 280 million ounces of gold, the U.S. dollar has operated as a pure fiat currency. This means the dollar became an article of faith in the continued stability and might of the U.S. government.

In essence, we declared our insolvency in 1971. Everyone recognized some other monetary system had to be devised in order to bring stability to the markets.

Amazingly, a new system was devised which allowed the U.S. to operate the printing presses for the world reserve currency with no restraints placed on it– not even a pretense of gold convertibility! Realizing the world was embarking on something new and mind-boggling, elite money managers, with especially strong support from U.S. authorities, struck an agreement with OPEC in the 1970s to price oil in U.S. dollars exclusively for all worldwide transactions. This gave the dollar a special place among world currencies and in essence backed the dollar with oil.

In return, the U.S. promised to protect the various oil-rich kingdoms in the Persian Gulf against threat of invasion or domestic coup. This arrangement helped ignite radical Islamic movements among those who resented our influence in the region. The arrangement also gave the dollar artificial strength, with tremendous financial benefits for the United States. It allowed us to export our monetary inflation by buying oil and other goods at a great discount as the dollar flourished.

In 2003, however, Iran began pricing its oil exports in Euro for Asian and European buyers. The Iranian government also opened an oil bourse in 2008 on the island of Kish in the Persian Gulf for the express purpose of trading oil in Euro and other currencies. In 2009 Iran completely ceased any oil transactions in U.S. dollars. These actions by the second largest OPEC oil producer pose a direct threat to the continued status of our dollar as the world’s reserve currency, a threat which partially explains our ongoing hostility toward Tehran.

While the erosion of our petrodollar agreement with OPEC certainly threatens the dollar’s status in the Middle East, an even larger threat resides in the Far East. Our greatest benefactors for the last twenty years– Asian central banks– have lost their appetite for holding U.S. dollars. China, Japan, and Asia in general have been happy to hold U.S. debt instruments in recent decades, but they will not prop up our spending habits forever. Foreign central banks understand that American leaders do not have the discipline to maintain a stable currency.

If we act now to replace the fiat system with a stable dollar backed by precious metals or commodities, the dollar can regain its status as the safest store of value among all government currencies. If not, the rest of the world will abandon the dollar as the global reserve currency.

Both Congress and American consumers will then find borrowing a dramatically more expensive proposition. Remember, our entire consumption economy is based on the willingness of foreigners to hold U.S. debt. We face a reordering of the entire world economy if the federal government cannot print, borrow, and spend money at a rate that satisfies its endless appetite for deficit spending.

The Average Life Expectancy For A Fiat Currency Is 27 Years ... Every 30 To 40 Years The Reigning Monetary System Fails And Has To Be Retooled
Monetary scholar Edwin Vieira ... pointed out that every 30 to 40 years the reigning monetary system fails and has to be retooled. The last time around for the U.S. was in 1971, when Nixon cancelled the convertibility of dollars into gold. Remarkably, the world bought into the unbacked dollar as its reserve currency, but only because that was the path of least resistance. But here we are 40 years later, and it is clear to anyone paying attention that the monetary system is irretrievably broken and will fail.

What will replace it is still unclear, but I suspect that when the stuff really hits the fan and inflation rages the government will try the approach taken by the Germans to end their hyperinflation back in the 1920s, coming up with the equivalent of the Rentenmark – a dollar that is loosely linked to some basket of commodities and financial instruments. It won’t be convertible, because it would be impossible for bank tellers to exchange your dollar for a cup of oil, and a coupon off of a bond, and a chip of gold, or whatever makes up the basket – but it might restore some semblance of confidence in the currency. That’s one option. Another is that some government decides to make its currency convertible into precious metals; but that will only happen when all other less fiscally restraining systems have been floated and failed.
Simply, at this point we can’t know what will replace the current monetary system, or when. All we can know is that the status quo cannot and so will not survive this crisis.
Regardless, between now and the point in time where the Fed throws in the towel on today’s fiat monetary system, you would have to be naïve in the extreme not to expect volatility, uncertainty, and wholesale financial dislocations.

In 1955, the dollar was fully convertible into gold, so the dollar, until Nixon defaulted on it really was as good as gold. Let the words… FULLY CONVERTIBLE, sink in for a moment. So in 1955, all price discovery of all markets was real and honest and continued as such, save and except for the temporary boosts to aggregate demand from money printing after WW2. After Nixon’s default, all markets have been skewed and confused by much more massive money printing (devaluation or dilution of the currency unit) and real price discovery is no longer possible and market results are no longer trustworthy, especially when viewed from the hockey-stick moment in 2008 when money printing took on new meaning. Accordingly, the only market that has any real meaning, is that of gold and silver that will soon have their own hockey-stick moment as the world uses US dollars as toilet paper and dumps US Treasuries. The US dollar is in its very last last days and will soon find out to the chagrin of the plunge protection team and insane NIRP and ZIRP policies to “stimulate” (manipulate) the economy, that the market is much more powerful than any feeble attempts by the Fed to reverse the effects of way back when they printed their first counterfeit dollar and violated the foundation of economics… that it is impossible to get something for nothing. These mad scientists love part one of Maynard Keynes theory of using printed money to shift the aggregate demand curve to the right in recessions because it used to work but they forgot part two, which was that when the economy recovered and tax revenues went back to normal, it was time to pay off the deficit from the stimulus. Now all they do is print massive and increasing amounts of money and accumulate fantasy levels of debt which can never be repaid, and wonder why nobody is buying more and more. It’s because the aggregate demand curve has shifted all the way to the right where no further demand can be stimulated (because the stimulative effects of debasing the currency no longer work and disposable income is tapped out) and is now climbing the inflation portion of the aggregate supply curve. Their only hope to an end to the coming massive collapse of the US dollar, is to immediately raise interest rates to about 25% and stem the exodus of capital. Either that, or do the right thing and massively devalue the dollar against gold and revalue gold (a la FDR in 1933) to about $10,000, which would be a good start because the $2.6 trillion of US Treasuries owned by the Fed would then be backed by gold. It’s just that I don’t really believe that there is 8133.5 tons of gold in Fort Knox anymore. Tsk tsk! What a mess! And to think that the only way out is for the gold-haters and evil bankers to capitulate and reinvent the gold standard, which was never actually repealed. It has been alive and well ever since Nixon’s default and if you want to argue, just look at a gold chart since 1999. … gold and silver reigns supreme as non inflatable money.

The dollar’s devaluation did not really begin until after the Vietnam War and creation of the Petrodollar. Wages only go up because currency is being devalued. In spite of this, wages have in no way kept up with real inflation and taxes, particularly since the 70s. Most people are living on credit and cheap imports. Debt-based monetary systems are not tracks to prosperity.
According to a study of 775 fiat currencies by, there is no historical precedence for a fiat currency that has succeeded in holding its value. Twenty percent failed through hyperinflation, 21% were destroyed by war, 12% destroyed by independence, 24% were monetarily reformed, and 23% are still in circulation approaching one of the other outcomes.
The average life expectancy for a fiat currency is 27 years, with the shortest life span being one month. Founded in 1694, the British pound Sterling is the oldest fiat currency in existence. At a ripe old age of 317 years it must be considered a highly successful fiat currency. However, success is relative. The British pound was defined as 12 ounces of silver, so it's worth less than 1/200 or 0.5% of its original value. In other words, the most successful long standing currency in existence has lost 99.5% of its value. Given the undeniable track record of currencies, it is clear that on a long enough timeline the survival rate of all fiat currencies drops to zero.
Runaway inflation was the reason the federal reserve note was issued in the first place.
There are other options in converting out of a failing fiat currency. Rather than tying into metals, one can tie into other precious resources such as energy, minerals, or military power. Today's American currency is arguably tied to military power (though we should rue the day that this value is tested). If my understanding is correct, Brazil escaped the failing reais by converting to another fiat currency, the real. Instead of tying the two together (which would have destroyed the real), they tied the real to the stability of government (military power). By acting early enough, they prevented the collapse of the state.
When one source of authority is corrupted and becomes plainly undependable, another authority can be created as long as the people will buy into it. 
It is a sad reflection on humanity, but the sadder reflection would be massive shortage and warfare because of irresponsible leadership.
"Currency introduced in Germany at the end of 1923 by the president of the Reichsbank, Hjalmar Schacht (1877–1970), to replace old Reichsmarks which had been rendered worthless by inflation. As Germany had no appreciable gold reserves, the currency was guaranteed against the assets of the country, namely land and railways. Schacht's success in stabilizing the currency was largely due to the population's willingness to trust the new Rentenmark. In November 1923, the government issued the so-called Rentenmark. The previous currency could be exchanged at a rate of 1 trillion marks for 1 Rentenmark. Inflation quickly stopped. People spoke of the "miracle of the Rentenmark." But the truth is that it wiped out the savings and investments of large swaths of the German middle class as well as wealthy people who had been forced to finance the war by buying government bonds that had now been rendered worthless."
Here are some graphs of the Weimar Republic runup leading to the rentenmark.
Here is an example of an asset backed currency from history and this is what is happening here, now.
The S&P can go to 100,000. The German stock market rose from 21,400 in January to 26,890,000 in November at the peak in 1922.
What's striking is that the rentenmark was backed by and redeemable in land and business bonds.
Sound familiar?
The Fed is loading up on land and business bonds. 

.Would combining an asset backed dollar with negative nominal interest rates create a currency that limits economic growth like a gold backed currency?
Gold is an asset. Gold backed currencies are asset backed currencies. They would behave similarly, except for one major difference:
Paper assets are easily created. Backing a currency with paper assets would create an inflatable currency. NIRP would cause assets to be used to increase assets, not dollars. Negative rates would make stocks more attractive than cash. Negative rates would increase total number of enterprises.
PILLAR ...Pillar Project

GBTC...PRICE ON 01/11/2018... $1970... 
The company announced a 91-for-1 stock split, which will bring down the price of a single share dramatically, making it more accessible to retail investors. Effective Jan. 26th... ***The company holds 0.0918 BTC for every share of the company, according to its website, and shares regularly move in-line with the price of bitcoin. 

Holders have lottery wins in mind... get in... buy some more if they can afford it and Bitcoin Billy or Captain Coin says it's going to leave new footprints on the moon. Trading the swings you have velocity on your side & compounding... this blows holders (buy and hold players) returns away... FACT.  Now consider the swings that have taken place. Thousands of points of potential opportunity... but you have to work for it. These things do not go parabolic or vertical forever and/or always. It is a traders market now... evolve or get eaten. ...from ...TotheMoon100X...  (Wow...someone who thinks like me...kiy

“Bitcoin has the potential to radically transform our concepts of money, store of value, and the means by which assets are exchanged the world over."  Barry Silbert, Founder of Grayscale

Either you learn to be very objective (able to look at both sides in your assessment or you remain a member of the FAD-fanatics... 
A good way to break this addiction Fad-fanatic is practice= you argue for the BEAR when you're Bullish...argue for the Bull when you're Bearish...and objectivity starts to show...there is very little objectivity on the GBTC...  ...more like those beannie baby fanatics...crazed... 
Fad-Fanatics...need objectivity in a bad way. 
Your brain on CRYPTO-Coin... 

02/24, 2018 Swing trading...with daily and intraday chart signals...GBTC you can swing trade trying to capture +10-15% from oversold levels and if you catch a good trend you can get more...
***GBTC... NAV and GBTC...Premium/Discount   GBTC trades at a very big premium so be careful...
Will the daily Bias do a complete cycle DOWN to oversold...?...ask the charts...don't depend on a fanatic caught up in the crypto-craze. Someone tell me I'm wrong about fanatics when GBTC is trading with over a 60% premium above Net Asset Value...go ahead fanatics...treat me to some opinions you can't point to on a chart. 
May 11, 2018, Major cryptocurrencies tumbled Friday after news prosecutors raided UpBit, the largest cryptocurrency exchange in South Korea. Bitcoin fell 5.5 percent to $8,511, its lowest since April 20, according to CoinDesk's bitcoin price index. The exchange is the fourth largest cryptocurrency exchange by trading volume, according to CoinMarketCap's rankings of markets with fees. Evelyn Cheng, “Bitcoin Drops to 3-Week Low After Prosecutors Raid Largest Korean Exchange,”
05/18 GBTC... Daily...weakness continues with the strong dollar?...
$12 or $10...need stochastics to turn...60minute waiting on CCI 20...


30 minute

03/01/2018 Can block chain help security?? Of course. What I dont read any where is how any company is going to DIRECTLY make money off of it. I suppose if one company did become the standard (like IBM) they could get licensing fees off their platform. But I assume there are hundreds of other companies trying to do the same thing. To suggest that OSTK is going to beat IBM, Microsoft, Google, etc is rather far fetched. This is not like the advent of the personal computer in the late 70's when Bill Gates offered to sell the IBM CEO MS-DOS for a few hundred thousand and the CEO said something like "Personal computers, who the hell is going to need a personal computer". Block chain is like trying to capitalize on some civil engineers idea to put in pooling car lanes on the highway. Does it make for a more efficient system. Sure it does. But that doesnt mean you should buy ford and GM because those vehicles will use the car pooling lane. ...comment from a person on SeekingAlpha
BitCoin Mining and Blockchain Technology.
Bitcoin, and other virtual currencies are made possible by what's known as blockchain technology. The technology is based on blockchain, or, more broadly speaking, distributed ledger technology (DLT). Essentially, what this means is that, instead of storing big databases in a central location, which can make them sitting ducks for hackers, DLT stores data across multiple sites. So to penetrate DLT databases, hackers would have to break into an insurmountable number of computers all over the internet. In addition, DLT supports a broader, more efficient decision-making process for almost any kind of institution.
4 Powerful Crypto Mega Trends Ahead
Mega trend No. 1. DLT could help modernize democratic election systems, largely eliminating voter fraud, vote count inefficiencies and hacks.
Mega trend No. 2. DLT could provide the foundation for a more stable financial system. Indeed, bitcoin was originally created in the wake of the 2008 debt crisis as an alternative system that would not require large government bailouts or massive quantitative easing. And today’s newer cryptocurrencies take this a step further by clearly defining rules of monetary policy.
Mega trend No. 3. DLT also supports a new kind of social media platform. (lookout FaceBook) One, already in operation, allows users to store their data on the blockchain and rewards them for their content contributions with cryptocurrency. Another still in development aims to add key features, such as user privacy and user control over data.
Mega trend No. 4. Overall, crypto technology could provide the ultimate in protection against hacking. Massive data breaches, such as those at Facebook, Equifax, Yahoo and countless others, would have not been possible if their platforms and business models had been built on DLT.  
Nor would it be possible for foreign cyber actors to invade America’s critical infrastructure sectors, such as energy, nuclear, water, aviation and manufacturing.

A Blockchain is essentially a global public ledger capable of automatically recording and verifying a high volume of digital transactions, regardless of location. Bitcoin's popularity is proving blockchain's usefulness in finance, but entrepreneurs have come to believe blockchain could transform many more industries. Ultimately, a transparent, verifiable register of transaction data are practically endless - especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. As startups use blockchain to drive greater transparency and veracity across the digital information ecosystem, they're boosting awareness of the technology in sectors ranging from payments to public policy. Some of the latest innovative ways companies are harnessing the power of global blockchain in the industries listed below:Banks:  From a macro perspective, banks serve as the global storehouses and transfer hubs of value. As a digitized, secure, and tamper-proof ledger, blockchain could serve the same function, injecting enhanced accuracy and information-sharing into the financial services ecosystem. Swiss bank UBS and UK-based Barclays are both experimenting with blockchain as a way to expedite back office functions and settlement, which some in the banking industry say could cut up to $20B in middleman costs. Banks are among the growing number of financial services giants investing in blockchain startups. Payments & Money Transfers: The World Economic Forum has argued that decentralized payments technologies like bitcoin could transform the "business architecture" of money transfers, which, due to reliance on central authorities such as banks and clearinghouses, has remained static for the last 150+ years. Blockchain could be used to create a more direct payment flow that connects payers and payees - across borders or domestically - without intermediaries, at ultra-low fees and almost instant speed. Digital currency startup Coinbase - which has served over nine million customers as a digital platform for buying and selling bitcoin, ether, and other cryptocurrencies - recently became the first cryptocurrency company in the Global Unicorn Club. Cybersecurity: Though blockchain's ledger is public, its data communications are sent and verified using advanced cryptographic techniques - ensuring that data is coming from correct sources and that nothing is intercepted in the interim. Thus, if blockchain is more widely adopted, the probability of hacking could go down, as the cyberprotections of the technology are more robust than legacy systems.
 BLOK   Amplify Transformational Data Sharing ETF Top 50 holdings
The top ten holdings are Taiwan Semiconductor (NYSE:TSM), Overstock (NASDAQ:OSTK), Digital Garage (OTC:DLGEF), SBI Holdings (OTCPK:SBHGF), IBM (NYSE:IBM), Nvidia (NASDAQ:NVDA), Square (NYSE:SQ), Hive Blockchain (OTCPK:HVBTF), GMO Internet (OTCPK:GMOYF) and Intel (NASDAQ:INTC). Further down the holdings list are Red Hat (NYSE:RHT), Visa (NYSE:V), Oracle (NYSE:ORCL), AMD (NASDAQ:AMD) and Mastercard (NYSE:MA) - all seen as having some part of blockchain innovation. QIWI is included also? It has some interesting links to government-backed initiatives. (related to the release of the Russian crypto BitRuble

“KOIN tracks an index designed to give investors exposure to global stocks that are participating in the growth of blockchain technology, which is being applied across a number of industries.” said Innovation Shares in a statement. “KOIN’s underlying index places stocks in one of four categories based on how they relate to the theme: 1. Cryptocurrency as payment; 2. Mining enablers; 3. Solutions providers; and 4. Adopters.”

The BCLN ETF holds shares of companies that committee “material resources” to blockchain technology research and development. Each company included is analyzed and assigned a “Blockchain Score” by the Reality Shares board. The Blockchain Score quantifies how much each company is expected to benefit from the advancement of blockchain technology. Every six months, the BCLN is rebalanced to include the 50 to 100 companies with the highest Blockchain Scores. The index weighting is also rebalanced based on Blockchain Score as well. According to the Reality Shares website, the BCLN’s initial top holdings include Intel Corporation INTC Inc OSTK 2.94% and International Business Machines Corp. IBM 0.02%
ATLEF Atlas Cloud Enterprises is an innovator in the operation of scalable high efficiency blockchain mining operations. The difference between a hobby and a business is capital acquisition and a real plan for growth. Unlike many competitors, Atlas owns its own property and facilities.

Long term planning assures asset value where it matters and it’s because of this fact that Atlas Cloud Enterprises Inc. (OTC:ATLEF) (CSE: AKE) (XFRA: A49) could quickly emerge as the premier blockchain infrastructure and cryptocurrency mining operations.
6 Reasons Atlas Cloud Enterprises Will Change The Landscape For Cryptocurrency Mining

1. With the recent acquisition of MKH Electric City Holdings, Atlas Cloud Enterprises (OTC:ATLEF) has now secured a 6,600-sq./ft. facility in Washington State. Roughly 1,700 ASIC servers can be used for data mining.
2. Unlike other mining-based companies, Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) was able to secure by far the cheapest electricity price access of all “miners” in the state of grand-cooley-damWashington at just under 3 cents per KW/h. Just to put this into perspective, the average price people in the U.S. pay for electricity is about 12 cents per kilowatt-hour; that’s FOUR TIMES the price of what Atlas will pay for large scale mining operations! This is by far one of the biggest advantage.  Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) has flipped the model in its head by essentially becoming their own power company and generating power at wholesale prices.
3. Location, Location, Location The Atlas facility is just a few miles from the dam and because of its favorable location Atlas Cloud Enterprises (OTC:ATLEF) has an opportunity to benefit considerably from the extremely cheap power supply. At this single location, Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) has direct access to upwards of 3 megawatts amount and provided by the Department of Public Utilities in Grant County. The supply can easily be upgraded to 5 megawatts, which ensures considerable scalability for future growth. In addition to the infrastructure, the moderate climate with its low salt content enables optimal drying and cooling technology of the mining farm.
4. Considerably Smaller Market Cap Than Its Competition The share capital structure of Atlas Cloud Enterprises is nothing like anyone has seen in the cryptocurrency arena! At current levels Atlas Cloud Enterprises is much lower than many of its competitors. Even with the amount of capital raised for operations over the last few months, the majority of shares & warrants from fundraising efforts have a lock up period, which makes for a huge advantage for those watching Atlas Cloud Enterprises at the ground floor. This means that revenue production compared to market cap and EBITDA could potentially be at such an undervalued level, Atlas Cloud Enterprises  will be well positioned to buid sound shareholder value.

Let’s also talk specifically about the amount of money being raised right now as not any company can come out and start raising tens of millions of dollars without having real potential. In fact, Atlas Cloud Enterprises has recently raised $14 million!  
5. Diversification Of Mining Much of the competition that Atlas Cloud Enterprises has will focus on mining single style tokens, which has mainly been bitcoin. The Atlas approach will be different and more diversified. The company has clearly stated that it will be 70% dedicated to Bitcoin with 30% available for switching to mine most profitable alternative coins. With excellent infrastructure and access to additional property in Washington State, the expansion potential could monumental.

AKE Milestones

6. The McDonald’s Approach

Think of this for just a moment, the fast-food chain McDonald’s sells burgers and fries but their real business is in real estate. Their approach is simple, own the land, tools, and buildings that they lease to franchisees, collect rent, royalties, and opportunity to resell the land later on for additional revenue.There could be a huge opportunity for Atlas to not only save thousands if not millions of dollars in underlying operating costs for mining but it could also present an opportunity for the company to actually resell their power! At $0.03 per KW/h, Atlas Cloud Enterprises could charge 100% markup and still save average Americans 50% on the cost of power!

Atlas Cloud Enterprises (OTC:ATLEF) (CSE: AKE) (XFRA: A49) is far more than just another cryptocurrency mining company and the street has just started to see this as a ground floor opportunity. Atlas Cloud Enterprises (OTC:ATLEF) has just begun to trade in the US and what has happened with other cryptocurrency stocks could be the writing on the walls for what’s to come. Keep in mind that it is harder to compare Atlas to these companies for the sheer fact that its largest cost, power, is more than 50% lower in some cases than its immediate competition.
ATLEF...CryptoCoin mining... made a chart for this in less than a more than just me requesting a chart...?
I like this stock...looking for a good entry...try to not chase price...

GCAP... (T/$18-23)...BitCoin Trading United Kingdom...part of the CRYPTO mania...
Shanthi Rexaline’s “Why This Investor Sees Gain Capital As A Possible Winner From Bitcoin,” find out why Gain Capital Holdings, Inc (NYSE: GCAP) may be the secret winner from the rollout of bitcoin.
Mox Reports wrote that the stock could rise to $18 to $23 per share, and that "crytpo mania" could potentially send shares even higher. The online brokerage service recently rolled out bitcoin trading to its customers in the United Kingdom, which Mox Reports believes could be a boon for the business and its share price. Gain Capital primarily makes its money as a foreign exchange broker, operating under the and City Index brands. City Index recently rolled out bitcoin spread bets and contracts for difference trading on its platform, enabling speculators to place bets on the direction of bitcoin's price.
GCAP Gain Capital

60 minute


Block One Capital Inc. (TSXV: BLOK.V) (OTCQB: BKPPF) an investment company focused on high growth opportunities in the blockchain and digital currency mining sector, is pleased to provide an update on its investment company: Finzat Block LLC ("Finzat").

Finzat is a New York, USA based mortgage blockchain company aiming to streamline and digitize the US mortgage market using innovative blockchain applications to create a system which is Simple, Auditable, Fault-tolerant and Efficient (SAFE).
BITCF ...Israel ...a prolific generator of more than 100 unique cryptocurrencies and developer of Blockchain supply chain management platforms, has entered the decentralized data storage markets in partnership with "Bitcoin Hero" Sebuh Honarchian.

Mar. 1, 2018  2 for one split
BLKCF Global Blockchain Technologies Corp  is an investment company that provides investors access to a mixture of assets in the blockchain space, strategically chosen to balance stability and growth. Blue chip holdings such as Ethereum and Bitcoin are complemented by best-of-breed “smaller cap” crypto holdings, many of which are not yet available to other investors.

BTCS micro-cap player in the cryptocurrency space 
BTCS, Inc. and Global Arena Holding are rapidly becoming well-known names in this space. BTCS, for instance, markets itself as the first "pure play" U.S. public company focused on blockchain technology. The company works to secure the blockchain via its distinctive transaction verification services. Global Arena Holding is currently leveraging blockchain technology for potential in voting verification.

BTCS Inc. focuses on digital assets and blockchain technologies. It intends to create a portfolio of digital assets, including bitcoin and other protocol tokens to provide investors a diversified pure-play exposure to the bitcoin and blockchain industries. The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2013 and is based in Silver Spring, Maryland.

***BTLLF BTL Group Ltd... is focuses on chain connecting solutions powered by Interbit, which is a blockchain development platform designed for business innovators and developers to quickly and easily incorporate the best of blockchain capabilities into enterprise applications. "Interbit's blockchain architecture was designed from the ground up with privacy, scalability, and security in mind. Satisfying the demands of enterprise clients has always been our primary concern. Our ability to join chains and control what is shared between them, enables features and functionality that previously required third party integrators and compromised the security and privacy of the network," according to BTL Group.

DNAD...DNA Dynamics develops mobile applications and games for smartphones some of which are currently published in iOS and Android ecosystem. The company also develops video games and applications for mobile devices as well as handheld consoles. In addition, the company has moved to diversify its stream of revenues by targeting emerging opportunities around digital currencies. 

Dec. 19, 2017 (GLOBE NEWSWIRE) -- DNA Dynamics, Inc (USOTC:DNAD) announces today that its UK Subsidiary, DNA Interactive Limited, has signed a Binding Term Sheet to acquire a crucial patent that requires any Bitcoin ATM operator to give a royalty on every Bitcoin ATM transaction throughout the US.
DNA reports that the ‘Bitcoin ATM' is relatively new and has seen the number of units grow from 500 just over a year ago to nearly three times that number today. With nearly ten new units now being installed each day across the US the number could reach well over 5000 in 2018 with the number of transactions reaching upwards of 250,000 per annum by 2019.
Google chart... ;

****DPW Digital Power launches crypto mining division ...10K MACHINES
Jan 18,2018 
The Company’s subsidiary, Super Crypto Mining, has escalated its current deployment in the first quarter of 2018 from 40 to 100 units per week, in an effort to expedite achievement of its mining goals. “We believe the recent pullback of cryptocurrency prices does not reflect the longer term trend, but instead offers opportunities,” commented Milton “Todd” Ault III, the Company’s CEO and Chairman. “We are more dedicated than ever to mining the top ten cryptocurrencies. I’m very pleased with our path as we continue to march towards our goal of 10,000 miners in2018.”

****GLNNF Glance Technologies GLNNF GLNNF  a financial technology company, develops and operates mobile payment processing software and smart-phone applications. The company has market cap of $138.88 million. It offers Glance Pay, a streamlined payment system that consists of proprietary technology, including user apps available for free downloads in IOS and Android formats, a merchant manager apps, and technology hosting environment with anti-fraud technology and payment processing
The alliance between Netcoins and Glance will give people better access to both buying and spending bitcoin. One of the current difficulties in using bitcoin is the time it takes to complete a transaction, which can be many minutes and in some cases many hours.

HSSHF   Hashchain
Hashchain Technologies Inc. is a crypto-currency miner with some big ambitions. In the crazy world of cryptocurrencies, where prices shoot up and down with no warning, Hashchain gives its investors exposure to a broad range of crypto assets.
Think of it as an ETF for the crypt world. Hashchain has 870 mining rigs in operation. When it’s finished upgrading its facility in Montana, it will be able to mine 20 MWs of coins. Coin mining was a major winner last year. The top twenty-five cryptocurrencies paid out big for investors: the currency Verge, for instance, saw a return of more than 250,000 percent. Compare that to gold mining, which brought back a measly 11 percent for investors in 2017.
Hashchain is far more than just a crypto miner. It also owns a “masternode” for the crypto-currency Dash. The node brings a return of 8 percent to Hashchain, which profits directly from Dash investment. Dash is a smaller currency than Bitcoin or Ethereum, but its growing fast. Even with the falling value in crypto, the number of transactions continues to rise. Dash is being produced at a rate 8x faster than Bitcoin.
Hashchain, according to its CEO, is looking to go further than just its mining and masternodes though, it is aiming to give investors access to a lucrative market “that they can’t take advantage of themselves.” As well as this, Hashchain is committed to bringing regulation to the crypto space, where it’s badly needed. Uncertainty, lack of oversight and a lot of shady buyers has created some concern among coin miners. There are worries that various crypto prices are unrealistic. The SEC announced in January that it’s cracking down on the bitcoin market and will be watching new ICOs (initial coin offerings) very closely. Hashchain is working on new regulatory software to make the crypto space safe for investors. Think of them as the Intuit for crypto-currencies. Right now, the makers of TurboTax earn about $4 billion per year.

VANCOUVER, Feb. 26, 2018 (Canada NewsWire via COMTEX) -- Company Recaps Blockchain-related Revenue Streams

HashChain Technology Inc. ("HashChain" or the "Company") (KASH)(otcqb:HSSHF), is pleased to provide updates to its Blockchain-related businesses including cryptocurrency mining, DASH masternode ownership, cryptocurrency accounting software, and masternode hosting service.

Cryptocurrency Mining HashChain is operating 100 cryptocurrency mining Rigs ("Rigs") from their Vancouver data center, with an additional 770 Rigs currently being configured at the Company's 20-megawatt (MW) Montana, USA facility ("Montana Facility"). Upon expected deployment in early March 2018, HashChain will be mining DASH and Bitcoin with a total of 870 Rigs at 1.23 MW of computing power in ideal conditions to maximize return on investment. As previously disclosed, the Company has also purchased 3,000 Rigs, which will be received at the Montana Facility in two shipments of 2,000 and 1,000 by end of March and April, respectively. In May 2018, HashChain estimates 3,870 Rigs will be deployed with approximately 5.8 MW dedicated to mining.

DASH Masternode HashChain purchased 1,000 DASH cryptocurrency in October 2017, the amount required to be maintained in a wallet in order to become a masternode. As a masternode, HashChain can vote on initiatives and important decision regarding the future of DASH, as well as facilitate anonymous ("PrivateSend") and instant transactions ("InstantSend") on the blockchain that prevents double-spending and eliminates bottleneck often displayed in "proof-of-work" blockchains. The DASH network currently rewards each masternode holder 6.67 DASH per month, or .22 DASH per day. As part of the acquisition of the NODE40 business, NODE40 will pay to HashChain certain masternode rewards for a total duration of 36 months following the closing after which time this revenue stream will cease. In total, HashChain will receive approximately 880 coins per year for three years, equating to a total revenue of $693,590 CDN per year at the current DASH-to-CDN conversion rate of $788.17 CDN for February 23, 2018 (source The Company will not be receiving CDN (or any other fiat currency) as a result of the Company's plans not to convert the Dash from the masternodes into Fiat and until the Company's plans change at which time there can be no assurances that the price of Dash will not significantly decrease due to its price volatility or that the Dash could be converted into CDN (or any other fiat currency) at that time.

NODE40 Balance is a blockchain accounting and tax software that allows cryptocurrency coin holders to conduct accurate tax compliance by analyzing the blockchain to calculate exact net values from each transaction, tracks the cost basis and days carried. Balance can then produce a worksheet with gains and losses that can be shared with a CPA and easily reported to tax authorities around the world. On February 7, 2018, HashChain integrated the software with Coinbase, the largest global digital currency exchange with over 13 million users (source:CoinDesk and Coinbase). This expansion enables Balance to help coin holders report gains and losses for five leading cryptocurrencies, Bitcoin, Bitcoin Cash, Ethereum, Litecoin and DASH. Whilst there is no formal agreement between NODE40 and Coinbase, the NODE40 Balance addition means Coinbase account holders can request and import their own personal information and transaction history onto a compatible piece of software. HashChain plans to expand their software solution to additional exchanges and digital currencies in the near future.

****HSSHF  With the crypto-currency market worth about $600 billion, that gives a company like Hashchain the opportunity to grow by leaps and bounds. Investors looking to profit from the crypto market without exposing themselves to too much risk should take a good look at Hashchain, it has all the gains from mining and masternodes while also keeping an eye on the horizon for the next big thing in the space.

HIVE... (T/$6H-9)(wait 2nd qtr.?) .....Jan. 17 HIVE down 28.8% as of 3:15 p.m. EST Wednesday after the enterprise mobility solutions company announced disappointing preliminary fourth-quarter results.   Jan. 2018 many many lawsuits...
December 11, 2017. About 37.8 million additional shares will be released from a hold period following a September 7 private placement done at $0.30 per share. HIVE Blockchain recently released its results for the second quarter ended September 30, 2017. It was an eventful quarter, with HIVE forming a strategic partnership with Genesis Mining Ltd., the world’s largest digital currency mining hashpower provider. In conjunction, HIVE acquired and commenced operations at its initial 2.05 megawatt digital currency mining facility in Iceland. The Company has generated revenues of $170,819 from mining of digital currencies over 12 full days of mining operations at the first Iceland facility and a healthy mining margin of $112,959 (66%).

**HVBTF announced the completion of the first phase ("Sweden Phase 1") of a multi-phase build-out of a large-scale GPU-based mining complex in Sweden. HIVE's Sweden Phase 1 operation commenced mining Ethereum on January 15, 2018 and increases the Company's energy consumption dedicated to cryptocurrency mining by over 175% to 10.6MW. HIVE is fully financed to add an additional 13.6MW of GPU mining capacity in Sweden by April 2018 and a further 20.0MW of ASIC mining capacity, facilities capable of mining Bitcoin and Bitcoin Cash, by September 2018 . HIVE's expansion into Sweden diversifies the Company's existing operations located in Iceland , where it has been producing newly mined digital currency continuously since September 2017

***DON'T TOUCH****LFIN   On fire with lawsuits...
March 26, 2018Citron Research reported that Longfin was "a pure stock scheme" and its "[f]ilings and press releases are riddled with inaccuracies and fraud."  Then on March 27, 2018Bloomberg reported that the Company was being removed from the Russell 2000 Index, less than two weeks after joining, as well as the Russell Global Index and the Russell Developed Index.
 12/19/17 LFIN - There were numerous trading halts throughout the day on Monday, but trading was always allowed to resume after a brief stint in the penalty box. Even after all that, there were still fools buying in the 120's, 130's and 140's expecting to sell at 200 by the end of the day. Some bragged about it on stock twits. They weren't bragging at the end of the day. Circlem
BUT...I say the stock shouldn't have been opened if it was halted in the first place because there isn't enough information to justify a 3 day old stock at $10 let alone $140. When it all of a sudden says its buying into CRYPTO or Blockchain... 
Bag holdes got what they deserve...

 US-based, global FinTech company powered by Artificial Intelligence (AI) and Machine Learning. The company, through its wholly-owned subsidiary, Stampede Tradex Pte. Ltd., delivers foreign exchange and finance solutions to importers/exporters and SMEs. Currently, Longfin has operations in London, Singapore, Dubai, New York, Miami and India.  LongFin Corp. (NASDAQ: LFIN), an ever-evolving Global Non-Bank Fintech Alternative Finance company specializing in Structured Trade Finance powered by Technology (Artificial Intelligence and Machine Learning)
Longfin is one of the few players in the global FinTech space in alternative finance and shadow banking, a $72 trillion industry worldwide. ;  
Cryptocurrencies such as Bitcoin and Ethereum will act as a global financing currency to avail credit against hard currencies of many emerging markets.” Says Venkat Meenavalli, Chairman of Longfin Corp. is a blockchain-empowered global Micro-lending Solutions Provider. The company provides SEMs with Warehouse financing backed by their commodities in warehouses. Its warehouse financing leverages blockchain technology to finance through Ziddu coins and other cryptocurrencies such as Ethereum and Bitcoin against their collateralized warehouse receipts.

MARA  (T/$12?)  Jan. 18, 2018 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (MARA), today announced that it has entered into a purchase agreement to acquire four patents related to the transmission and exchange of cryptocurrencies between buyers and sellers. “Given our proficiency in identifying and acquiring important intellectual property, we believe that these patents afford us a unique and leverageable position, in addition to complementing our efforts as we enter into the digital asset and cryptocurrency business.” As with any new and emerging technology the Company’s efforts to enter into businesses involving digital asset mining and cryptocurrency patent licensing and enforcement is subject to significant risk and we may not be successful.
On November 2, 2017, Marathon announced that it has entered into a definitive purchase agreement to acquire 100% ownership of Global Bit Ventures Inc. (“GBV”), a digital asset technology company that mines cryptocurrencies
On December 11th, the company announced that it has agreed to sell 1,000,000 shares of its common stock for gross proceeds of approximately $5.0 million. Each share of common stock is being sold at a price of $5.00 per share. Marathon intends to use the net proceeds of the offering for working capital and general corporate purposes.
 On November 2, 2017, Marathon announced that it has entered into a definitive purchase agreement to acquire 100% ownership of Global Bit Ventures Inc. ("GBV"), a digital asset technology company that mines cryptocurrencies. The closing of the transaction is subject to obtaining requisite approvals and customary closing conditions.

**MGTI Bitcoin/Sentinel/John McAfee... MGT Capital Investments... U.S. based Bitcoin miner. On October 2nd the company announced the commercial launch of its Sentinel network intrusion detection system. Orders will be accepted via the website, . The MSRP per unit is $2,499, inclusive of one year of monitoring, and will ship on November 1, 2017The Sentinel system, composed of a passive hardware device connected to each subnet, monitors network traffic for suspicious activity using sophisticated algorithms, generating an alert and deploying countermeasures when triggered.

03/18 Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group, in late February announced that it has joined the Enterprise Ethereum Alliance ("EEA"), the world's largest open-source blockchain initiative with over 250 member companies. Net Element's membership to the prestigious alliance is complementary to the Company's recently announced decentralized blockchain technology solution that will enable an unlimited number of value-added services ("VAS") and support the adoption of Ethereum in the enterprise. The EEA seeks to augment Ethereum adoption as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability and security. Net Element is developing a decentralized crypto-based ecosystem to act as a framework for a number of value-added services that can connect merchants and consumers directly, via blockchain technology, while increasing the economic efficiency of all transactions conducted within the ecosystem.
NETE ()All Net Element NETE, -1.32% had to do was to announce that it was starting a blockchain-related business and the stock rocketed. The company plans to connect merchants and consumers with blockchain technology. Just like LongFin, this stock has become a favorite among day traders. 
Mar. 8, 2018 Oleg Firer, CEO of Net Element (Nasdaq: NETE), will join the press conference today following the cocktail reception for the launch of CoinBoost, the first provider of SmartContracts that address GRP risks. Oleg will share the stage with Andreea Porcelli, CoinBoost Co-founder and CEO of Monaco Growth Forums, renowned CNBC personality Jon Najarian (on Board of Directors), and cryptocurrency pioneer Charlie Shrem.
Net Element, Inc. (NASDAQ: 
NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise ("SME") in the U.S. and selected emerging markets. In the U.S. it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, a cloud based restaurant and retail point-of-sale solution. Internationally, Net Element's strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte's 2017 Technology Fast 500™.  
CoinBoost, the Trusted Alliance for Tokenomics™, is launching a cryptocurrency token and an accompanying suite of services designed to enhance liquidity and facilitate connections between ICOs and the investment community. The CoinBoost token breaks new ground by providing Governance Rights and Privileges (GRP) for CoinBoost purchasers through the creation of SmartContracts. While SmartContracts have been a part of the cryptocurrency infrastructure since the launch of the ERC20 protocols associated with Ethereum tokens, CoinBoost is the first entity to provide SmartContracts that address GRP issues.
Net Element, Inc. (NASDAQ: NETE) Enables Global Commerce with Omni-Channel Payment Solution Platform
- Increasing acceptance of smartphones for mobile payments coincides with emerging markets’ transition to non-cash transactions
- Global mobile payments solutions market projected to reach $3.14 trillion by 2022, growing at a CAGR of 32 percent from 2017 to 2022
- Innovative payment infrastructure and services are globally oriented but adaptable to unique requirements of each country
- Omni-channel shoppers spend between 50 percent and 300 percent more than single shoppers
 Net Element provides more than 100 electronic payment solutions for clients in 50 countries and plans to move into additional international markets.
Net Element and its team of engineers provide retailers with a disruptive, single commerce, all-in-one platform that supports multiple payment methods.

NXTD  (T/$6) Feb. 22, 2018 /PRNewswire/ -- Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NXTD), today announced that it is now accepting pre-orders for Flip, a new contactless payment device that will enable cryptocurrency holders to use the value of their currency to make purchases at millions of retail locations. The new device, which was announced earlier this month, uses value exchanged from cryptocurrency to make traditional payment transactions. "Flip represents an exciting expansion of the FitPay Payment Platform by connecting cryptocurrencies to the payment ecosystem,"

OSTK Overstock. com, Inc. (NASDAQ: OSTK) announced earlier this August an integration with ShapeShift, the world's leading instant digital asset exchange, that allows customers to use all the major cryptocurrencies, including Ethereum, Litecoin, Dash, Monero, and the new Bitcoin Cash, to buy online from Overstock's selection of nearly 4 million products. ShapeShift allows digital currencies to be easily converted between different coin types in a matter of seconds, all without any account setup or personal data required. "Overstock is pro-freedom, including the freedom of individuals to communicate information about value and scarcity without relying on a medium created through the fiat of unaccountable government mandarins. For that reason, we have been an early proponent and adopter of cryptocurrencies," said company CEO and founder Patrick M. Byrne. "ShapeShift has provided an elegant way for users of any digital currency to transact seamlessly and privately across chains, and we're excited to harness that ability to the benefit of our customers."
***Though the company has failed to deliver on the promise of its business model introduced almost two decades ago, the promise of investments in crypto has captivated investors. December 2017, Siebert Financial jumped on Overstock's bandwagon by signing a letter of intent to offer brokerage services through Overstock's portal. While the new service does offer pretty low trading fees -- between $1.99 and $2.99 per trade -- there was more to it than that. As fellow Fool Matthew Frankel pointed out, there's potential to "[use] the Overstock brand and Siebert's platform to... offer cryptocurrency trading at a lower price than competitors." ...Motley Fool
?Overstocks claim to fame is through their wholly owned subsidiary Medici Ventures. It in turn is exploring several investments such as t0 which explores using blockchain as a platform for totally digital forex, bond, and securities trading. This has massive implications and is the only platform for ICO launching that is FINRA compliant. It is also exploring blockchain in relation to ID, Real estate, medical, and other fields. It's really an interesting idea if you bother actually learning about it. OSTK has a wholly owned subsidiary named Medici Ventures which has been deep into blockchain for many years now and probably has a significant leg up on most competition in the space.
***Quantum (Soros) and Passport (Burbank) have put in more than $150+ million into OSTK to own ~15%. Morgan Stanley bought 11.4% in the open market and Fidelity may have increased its stake from 7% (as of 11/30/2017) to just under 10%. There are also more blockchain ETFs in the regulatory pipeline and most if not all of them will likely have OSTK as a top holding. BLOK and BLCN, for example, both list OSTK as a top 3 holding.
Bitcoin and the altcoins dominate the headlines, but the blockchain is here to stay. 30% of Japan's banking system will be using Ripple technology (not the coin) for digital payments by the end of this year and more rollouts using any combination of public and private blockchains will be coming.

(OTIV),  On Track Innovations...a global provider of near field communication (NFC) and cashless payment solutions, accept cryptocurrency as a way to purchase its innovative cashless payment solutions. Apriva's payment solutions are built on a secure technology foundation that has been deployed by the US Intelligence Community, Department of Defense (DoD), and is compliant with the payment industry's standards body, the PCI Security Standards Council. Apriva is a technology company providing an adaptive platform for omnichannel payments and secure mobile communications. Our proprietary-built systems meet the exacting security and reliability requirements of financial services providers, commercial enterprises, government entities, and public service sectors. Through its two operating groups, Apriva Payments, and Apriva Mobile Security, the company offers fully-managed, end-to-end security solutions supporting commerce and communications. For more information, visit

SSC ...China's biggest business and entertainment moguls buys 27% of Delaware Board of Trade, a 'dark pool' operator. What's The Delaware Board Of Trade — And What Does It Have To Do With Cryptocurrency?
Seven Stars Cloud Group Inc (NASDAQ: SSC) became the beneficiary of cryptomania Wednesday when it announced the purchase of a 27-percent stake in the Delaware Board of Trade Holdings, Inc., or DBOT, for 1.63 million shares of Seven Stars Cloud common stock.

February 23, 2018), the Company announced via press release that it would slash its previously-issued full-year 2017 guidance by more than half – from $300 million to just $125-$144 million, citing "nanticipated personnel issues that led to internal communication and internal administrative oversights that materialized during the Company's 2017 fiscal year." On this news, Seven Stars shares have plunged more than 25% in intraday trading, causing millions of dollars in losses to investors. Lawsuits followed...
Seven Stars Cloud, a Chinese cloud-based B2B solutions provider, focuses on supply chain and digital finance solutions powered by artificial intelligence. The deal was originally reported as speculation by the New York Post Tuesday. The move by Chinese entertainment mogul Bruno Wu, the man behind Seven Stars Cloud, is an attempt to start trading bitcoin-like securities, according to the Post.
Money manager Jon Najarian tweeted: "One of China's biggest business and entertainment moguls has through $SSC purchased a 27% stake in the Delaware Board of Trade, a 'dark pool' operator & plans to expand into the trading of 'bitcoin-like' securities."
DBOT is the only blockchain-based alternative trading system that's fully licensed by the SEC, according to a release from Seven Stars Cloud. Pursuant to the transaction, Seven Stars Cloud will become the largest shareholder of DBOT. Robert Benya, the chief revenue officer at the Chinese company, will become a DBOT board member.
SSC is aiming to become a next generation Artificial-Intelligent (AI) & Blockchain-Powered, Fintech company.  By managing and providing an infrastructure and environment that facilitates the transformation of traditional financial markets such as commodities, currency and credit into the asset digitization era, SSC provides asset owners and holders a seamless method and platform for digital asset securitization and digital currency tokenization and trading. 

SRAX  digital marketing and data management platform, announced coin offering Oct. 2017

Aug. 2017 Remember those pesky WannaCry ransomware hackers? They're starting to shift their bitcoin around and Forbes has learned they're using a Swiss cryptocurrency exchange called ShapeShift to do it.
WannaCry infected as many as 200,000 computers when it broke out in May, locking up systems and demanding $300 in bitcoin from victims wanting their files back. Though many believed the attackers were more concerned about causing disruption, and security experts suggesting North Korea was behind the hacks, the perpetrators are starting to launder their $143,000 in bitcoin. To do that, they've first "split" the money in each of the three wallets known to be used by WannaCry, before sending the funds to for conversion into Monero, a currency that's incredibly hard to track, as confirmed by two separate cryptocurrency tracking firms, and Chainalysis. The hackers haven't moved all the money yet, though. Only 13.5 bitcoin ($36,922) out of 51.9 have been moved, noted Chainalysis co-founder Jonathan Levin.
ShapeShift, led by American and long-time bitcoin luminary Erik Voorhees, allows customers to swap whatever currency without the need to create an account, making it a quick, easy and anonymous way to change funds. All users have to do is send their money and ShapeShift sends back the equivalent in whatever cryptocurrency was chosen. As its own literature says: "From start to finish, ShapeShift can change currencies in under ten seconds, no account required." Under its terms of service, the company prohibits illegal use of its product. A spokesperson for ShapeShift said the WannaCry attacker did breach its terms of service and used its product "to move a portion of their proceeds of crime."

TEUM  March 5, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), the rapidly growing Cloud Communications Platform company, announced today that it has been awarded the IoT Evolution's 2017 IoT Excellence Award from TMC and Crossfire Media, a global integrated media company recognized as the voice of the industry.
On December 26th, TEUM announced that it had completed development enabling it to add support of Blockchain technology to its billing and settlement services. This newest service capability enables Pareteum customers to participate in the transformational ''Digital Economy Monetization to the Cloud'' and now accept and process Bitcoin, Ethereum, Litecoin, Airtokens and other forms of cryptocurrencies.

UEPS       S. Africa Payment processing firm’s subsidiary, Masterpayment, specializes in cryptocurrencies and announced Tuesday its new role in the digital transactions of Bitstamp.

YNDX  Russia The internet services provider and IT firm recently unveiled its new voice assistant, which positions it to penetrate the Internet of Things and the blockchain sequences leveraged in related computing processes.

VSQTF Victory Square 

Long Blockchain Corp LBCC LBCC/LTEA ...AVOID  DON'T TOUCH Feb. 9, 2018  
Feb.19 NASDAQ delisting...
Not sure about BlockChain servers now 
Long Island Iced Tea Corp. is changing its name to Long Blockchain Corp., as it wants to focus more on blockchain technology.
Blockchain is a ledger sheet where cryptocurrency transactions are recorded.
The company said Thursday that it plans to ask the Nasdaq to change its trading symbol from its current "LTEA," but didn't disclose what it wants the symbol changed to. It will continue to run Long Island Brand Beverages LLC, which concentrates on the ready-to-drink segment of the beverage industry.
What does Tea have to do with blockchain?
"Businesses have every incentive to avoid bitcoin's waste. It's very, very expensive to run things the way bitcoin runs things," said Cornell University computer science professor Emin Gun Sirer, co-director of the school's Initiative for Cryptocurrencies and Smart Contracts.
"The people who come out with the winning algorithms are going to capture a substantial portion of the many billions of dollars that go into back-end systems," Cornell's Sirer said. "We are in a phase where a thousand blockchains will bloom. And the markets will decide on a few winners."

Ripple is one of the more interesting propositions in the cryptocurrency space. Unlike bitcoin and Ethereum, Ripple’s XRP is a payment system rather than a cash system. It enables users to send virtually any asset across the network instantly and incredibly cheaply. Ripple, the company behind XRP, currently holds 50bn XRP tokens with a further 50bn circulating in the market. Ignoring the value of the yet to be released tokens, XRP’s recent rise to dollar parity has made it the third largest cryptocurrency.

Looking east, NEO’s developers have also been hard at work this year. Often dubbed China’s Ethereum, NEO also offers a decentralised platform for developers that the project’s website describes as “compliant”. Many in the cryptocurrency community are speculating that this is the suggestion that China might soon lift its ban on ICOs and require them to be held exclusively on the NEO platform.  Like all other major cryptocurrencies, NEO has surged in value over the year and briefly reached highs of $81 in mid-December. 12/2017

As the above table explains, the most delusional player in the Bitcoin space is the trader who thinks he is trading based on value. And for more perspective, when Charlie Munger was recently asked about Bitcoin (and cryptocurrencies, in general), he said:

"I think it is perfectly asinine to even pause to think about them… It's bad people, crazy bubble, bad idea, luring people into the concept of easy wealth without much insight or work. That's the last thing on Earth you should think about… There's just a whole lot of things that aren't going to work for you. Figure out what they are and avoid them like the plague. And one of them is bitcoin. … It is total insanity."

***XNET  Chinese tech company Xunlei actually runs a business with consistent revenue growth. Its core platform, the Xunlei Accelerator, boosts the speed of online transmissions for streaming videos, online games, and other cloud-based content. It also generates revenue from online ads and other internet value-added services.
Xunlei's revenue rose 21% to $157 million last year, fueled by its 230% growth in its cloud revenues, but it's been unprofitable for the past nine quarters. As a result, investors shunned Xunlei for most of the year. But in mid-October, Xunlei introduced its "Wanke coin mining project" for a new cryptocurrency called Wankebi. Many investors assumed that the use of Xunlei's cloud acceleration platform on mining rigs made it a good speculative bet on cryptocurrencies, and the stock surged nearly 250% after the announcement. In late November, Xunlei clarified that Wankebi is "a kind of digital asset and can be used on the company's internet properties and should not be traded on other transaction platforms." It also warned that "Wankebi is only a symbol of proof for these applications, rather than a subject of speculation." In other words, Xunlei is merely testing out Wankebi for its own value-added services, and hopes that other cryptocurrency miners will use its cloud acceleration platform. That business might eventually generate a new stream of revenue for the company, but it could also prove fruitless if the cryptocurrency market crashes.

 Digital Power Corp., a manufacturer of electrical supplies for the defense and medical industries, skyrocketed after detailing plans to start mining digital tokens. Rich Cigars Inc. also rallied after saying it was shifting its focus to mining. Bioptix Inc., a maker of diagnostic machinery for the biotech industry, soared after renaming itself Riot Blockchain Inc. to reflect a new focus on buying cryptocurrency and blockchain businesses. When a company changes its focus from a producer of fruit-related product to a financial technology company and its shares double in value, buyers are playing chicken. SkyPeople International become Future Fintech Group (FTFT) and traders go nuts.
But the thing about the game of chicken is there is usually a winner, which means active, disciplined investors can trade these garbage companies and even make money. Understand, for the most part, if you examine management or finances or any SEC filing, you'll realize you are playing a game of chicken backed by the greater fool theory. Can you find a buyer for your shares?

I'd follow five 

Almost every one of these companies will be gone or exist as something else in the next few years. Like the internet, I do believe there will be some huge winners in the blockchain space, but I don't think any of the recent high flyers will be part of that group.

Playing the game of chicken is not for everyone. Do not enter the space lightly, but don't be talked out of it if it fits your trading profile.

This commentary originally appeared Dec. 20 on Real Money Pro.

Bitcoin isn't even remotely as stable or trustworthy as gold. Bitcoin is fool's gold (i.e. it's not nearly as attractive as some people believe).
Cryptocurrencies Galore
There are now over 1,350 different cryptocurrencies circulating around the world. Moreover, there are 23 digital currencies that have a net worth of over a billion dollars by today’s valuation, 97 are worth over $100 million, and 573 have a market value of over $1 million. In total, the full market value of digital currencies has crossed the half a trillion-dollar mark and BTC accounts for more than half, $278 billion of that value. It is important to mention that Bitcoin is not the most efficient cryptocurrency to use, it is also not the most anonymous one, it is simply the first, and the most popular.

kodk   Eastman Kodak Company(NYSE:KODK). AVOID The company announced a new KodakCoin and is also offering a financing deal for a cryptocurrency mining product.
KODK stock started to pull back in Thursday’s trading, but it’s still up 167% since its Monday, Jan. 8 close as of this writing. Yet, as InvestorPlace’s Luke Lango wrote last week, KODK stock has little chance of being a blockchain winner. The legacy business actually is in significant decline, and it seems likely that the company is headed for a second bankruptcy. Kodak isn’t even the biggest, or the craziest, beneficiary.

QD   AVOID pos ...endless lawsuits...China’s peer-to-peer lending platform is backed by the blockchain-exposed Ant Financial and partners with Ant’s Alipay. Qudian’s October IPO ranked the fourth largest of 2017, although the stock now trades down 55 percent on the threat of Chinese regulation.

RIOT...Feb. 16...CNBC did a story on RIOT as a Pump and Dump Manipulation and RIOT went down $6...its not a safe trade here...
JUST GET OUT DON'T TOUCH   pos...Feb. 9. 2018...endless lawsuits...
There is nothing hotter this year in the financial markets than Bitcoin and this stock has gone up by associating itself with Bitcoin and block chain technologies. There is a mania in Bitcoin to say the least. There is simply no way to say what a Bitcoin is actually worth and so people are playing it based on pure price movement and nothing more. The more Bitcoin goes up the more people believe in it and the more people buy it.
If anything this year 2017 proves that. It's like the internet stocks back in 1999 in my opinion.
RIOT=...this is a once dormant biotech stock that has risen up this year by changing it's name to Riot Blockchain AND by associating itself with Bitcoin it more than doubled in September, it announced that it was buying out some block chain company and a crypto currency exchange. I have no idea if the company is good or not or even if this is fully for real, but it doesn't matter.
One way blockchain reduces conventional cybersecurity risk is by simply removing the need for human intermediaries - thus lessening the threat of hacking, corruption, or human error. Other potential applications include using blockchain to provide massive scale data authentication. For example, using its blockchain-enabled KSI (Keyless Signature Infrastructure). Riot Blockchain's focus will be as a strategic investor and operator in the blockchain ecosystem, with a particular focus on the Bitcoin and Ethereum blockchains.
Oct. 4, management announced that it had both changed its name to Riot Blockchain and invested $3 million for a minority stake in Coinsquare Ltd. -- "a Leading Canadian Digital Currency Exchange," according to the company. At the time, Michael Beeghley was Riot's CEO, having just assumed the reins in April 2017.
A lot has changed since: Less than one month after the announcement, Beeghley resigned and was replaced by John O'Rourke. According to fellow Fool Jordan Wathen, the company also paid $12 million to acquire an 18-day old company with crypto mining assets. A Riot subsidiary announced a letter of intent to merge with a Canadian mining -- as in literal mining, not the digital type -- company with interests in British Columbia. Investments were made in Verady -- "a decentralized network of financial reporting and accounting tools targeted to the needs of the cryptocurrency community."  A secondary offering raised $37 million. O'Rourke made large sales of his holdings in Riot. That's a lot to swallow. The stock has been a ping-pong ball, moving by more than 10% in 21 trading days since Oct. 4. ...Motley Fool

We found that Farber and Rae (who mainly posted at other sites) were listed together as contributors on a handful of weekly roundup articles at Market Exclusive in 2016. Those stories carried the byline of Rich, the fictitious or pseudonymous editor. Farber also has written favorable stories about Honig-related stocks at a third site, He and Nadeem both posted articles in October calling attention to Riot Blockchain, right before that company’s shares began a big move upward.
The fake Mark Collins posted an even more glowing story about Riot Blockchain on Nov. 17. Its stock soared just after that piece appeared, going from $10.35 on Nov. 20 to a high of $24 four days later, as investors stampeded into almost everything bitcoin- and blockchain- related. Riot Blockchain’s share price peaked at $46.20 in mid-December. SEC filings show that in October or November, certain investors who had provided financing to Riot Blockchain earlier in the year converted some of their preferred stock into common stock, and also exercised warrants. They got roughly 2.7 million shares, or a third of the total outstanding. It is likely that much of that stock went to Honig and his associates. Riot Blockchain previously filed registration statements that listed them among the biggest holders of those classes of securities. Given that Riot Blockchain had just 8.3 million shares outstanding, and that more than 60 million shares traded between Nov. 21 and Nov. 27, it would seem that some members of Honig’s group sold shares during the surge, possibly reaping millions in profits. Honig told the Wall Street Journal in January that he personally sold around 500,000 Riot Blockchain shares after its shares soared. SEC filings show that Honig had acquired slightly more than 500,000 shares in late 2016, when the company was known as Bioptix Inc. (formerly Nasdaq: BIOP). Honig and certain associates were waging a proxy battle for control of the company. He also acquired convertible preferred stock and warrants after that. Honig bought his original shares on the open market; SEC filings show that his average purchase price was less than $3 a share. Blockchain’s stock traded for $23 or higher from Dec. 11 of last year to Jan. 10 of this year. If Honig sold those shares in that period, he would have reaped at least $10 million in gains. O’Rourke said in an SEC filing that he sold 30,383 of his shares on Dec. 29, for just under $870,000. He still directly or indirectly controls 52,000 shares, worth about $560,000 as of March 5. O’Rourke told a Denver newspaper that he sold those shares to cover taxes on stock he had been granted by the company.

The "key" to trading anything is the recognition that you can control risk.  The key to trading stocks such as RIOT is to manage risk. You must set parameters for a trade and stick with them. Taking a loss should be routine. That is how you manage risk. Many market players can't stand the idea of admitting they are wrong. They feel that it is a reflection on their abilities when they work hard to understand fundamentals and then the market doesn't do what it should do. They are convinced that it is the market that is wrong, not them, so they stay with the trade. That may work fine over the longer term. The fundamental research will make them feel secure. Trading high-risk/high-return stocks such as RIOT is a different game. The focus isn't on fundamentals. Rather, the focus is on managing risk by watching price action.
The first thought of many novices when they look at the wild action in these bitcoin-related names is, "I could lose all my money."  That is true only if they sit there and do nothing. You always can eliminate all your risk by immediately selling a position. That is the key. Selling must be a routine part of your methodology when you are trading. Selling is how you manage risk. Once you understand and embrace that idea, the risk doesn't seem so crazy. There are still the obstacles of overnight gaps, trading halts and surprise news events, but the way to deal with that is through position size.

My approach to highly volatile stocks is always incremental. I make partial buys and partial sells and trade in numerous time frames. I only hold the largest positions for the shortest period of time, but then hold smaller positions that I allow much more leeway.

The key to trading anything is the recognition that you can control risk. Once you embrace that idea, the wild moves in stocks such as RIOT don't seem so random and unpredictable. You can handle them because you will cut your exposure when they don't cooperate.

The best way to learn to trade highly volatile stocks is to take small positions with very tight stops and become used to taking small losses. Keep trying to understand the movement and don't be discouraged if you take a lot of losses. Losses should be viewed as just part of the trading process and not an indication that you are doing anything wrong. All trading is driven by fear -- either fear of loss or fear of not making enough money. You must address that fear in order to make big money, and the best way to do that is to learn how to control risk.
This sort of high-volatility trading is not for everyone. It requires vigilance and planning. You can't be passive, but you still must be patient at times.  Without high risk you cannot earn big rewards, but risk can be controlled if you know how to sell.


We are not in a market where valuations matter, but stories do.
Watch CNBC tonight and you'll probably see the "Fast Money" Pony Tail guy say buy TSLA for the dream even though it loses money.  Pony Tail guy is now the most important thought leader on CNBC today displacing Steve LIESman who used to deliver leaks about coming QE programs.
Every bull market cycle ruins a once popular bear for good  That is what has happened now to Marc Faber as both CNBC, Bloomberg, and Fox Business have declared that they will not put him on the air again after his remarks last week about whites and blacks.  But is that also an opportunity to kick him when he is down?  The Wall Street Journal quoted someone from Bloomberg as claiming that he has "waning market influence." At the same time each bull market cycle as it reaches fruition causes a group of bubble bulls to grow in such popularity that they become thought leaders of the markets. This was the case with Jim Cramer in 2007 and Mary Meeker and Henry Blodget in 1999 and with today's Fast Money boys. But it's a lot of hype stocks then and now.
The thing is ...back in 1999 there were stocks that were dormant that would become internet stocks and soar.  Books-A-Million in Thanksgiving week of 1999 said it was launching a website and saw it's stock price triple in a few days.  Two years ago it sold itself for $21 million, which was a fraction of the market cap it achieved in November of 1999. Will  RIOT stock go up again? I'm not sure and that's why I am not buying it today. But if it can digest these gains by consolidating for a few more weeks it can then get in a position to go up again with a good entry point.
I'm going to see if it can do it - that's what watch lists are for. (...AND SPECULATION LISTS...)
If it does, this may become my Christmas Bitcoin block chain play - it's something for a trade and not an investment.
We'll see what happens. Mike Swanson HIS NEWS LETTER IS FREE...
Most investors are steady, careful people who seek out the best possible advice before they act. They spend a lot of time trying to understand the investment environment, and have a good sense of the risks associated with any given trade.

Then there are the gamblers. Most of them are also pretty clear about the risks associated with their decisions. Like any good gambler, they take risks — calculated risks.

Then there are the desperate. They are driven by a sense of panic … by the need to make a big score, perhaps to make up for years of financial neglect.

//////////////////////////////////////////////////////////////////////////////// That should be more than enough BitCoin BlockChain information ////////////////////////////////////////////////////////////////////////
////////////////////////////////////////////////////////////////////////////  on to better things than Crypto and Blockchain..../////////////////////////////////////////////////////////////////////////////////////////////////////////

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#12  Sticky Note GBTC...TimeFrames kiy 05/17/18 11:01:24 AM
#22   GBTC...if you understand this post you can do kiy 05/23/18 11:46:52 AM
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#15   GBTC... Daily...weakness continues with the strong dollar?... kiy 05/18/18 11:20:18 AM
#14   $TVOG 8K Out - Management Appointment Mike Lorrey love your neighbor 05/17/18 09:25:33 PM
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#12   GBTC...TimeFrames kiy 05/17/18 11:01:24 AM
#11   Thanks! I added some GBTC this morning at ashy2classy 05/17/18 10:34:55 AM
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#8   *SUBSCRIBED* ashy2classy 05/17/18 09:25:03 AM
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