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I Bought A Handful of Stratis

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So i came across Stratis, put in an hour of research, got a good feeling about it, and purchased some of them on a whim.

I just so happened to have a small amount of BTC lying around, so why not! ūüėõ

To put things in perspective, let’s have a look at Stratis’ current position in the list of >800 cryptocoins by market cap.

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As you can see, Stratis is currently #13 in the list of >800 cryptocoins.

That’s not bad, actually.

And what I particularly like about it, is that it only costs $1.26 a pop.

That means you can buy a lot on the cheap!

I wish I would’ve bought Bitcoin at $1, so when you’ve got another chance… you’ve just gotta grab it!

But I stray…

Twitter user Khil0ne is a long term investor in Stratis, so he knows a thing or two about Stratis and he writes on the Stratis Platform site.

Khil0ne states that he thinks Stratis can become one of the top 3 cryptocoins by market cap in the future.

I asked him on Twitter why he thinks Stratis is going to do Stratis is going to do so well.

In a reply, he showed me a screenshot of a comment of his on Slack, but I was unable to find it.

So¬†here’s the comment:

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Here’s the transcription (verbatim, so typos included):

This is the best community and team I have ever worked with. It started with the amazing team that is amazingly transparent and always has the best intrest for the project and the investors at mind. They started with only an amount of around $600.000 and look at what they have achieved already. The reason I didnt sold yet is because I believe this will be a top 3 marketcap project and I always have believed that. Stratis is an platform which will have, anonimity for bitcoin and stratis, smart contracts, sidechains, consulntancy, cloud stratis, stratis academy and much more.

The community here helps along because they care about the project and want to help. This varies from tweeting, helping with coding, helping newcomers, transscripting the Q&A, making avatars, etc.

In my eyes the thing I really liked from the start is the potential C# community that will join Stratis. Stratis will be a platform that will be used by all C# devs and that are a lot. So many use cases will be made on Stratis. Stratis will give new devs a place with the Stratis academy.

Also Stratis will be the place to go for ALL of your Blockchain solutions, not just Smart contracts or just anonimity, not it will have it all.

All of this together makes me believe we will get in the top 3. Stratis has the most dedicated and professional team in crypto I have met. They have great advisors and partners already.

I’ve only been into cryptocoin for a few weeks, so I am still an absolute cryptocoin nubcake!

Matter of fact, I did my first Bitcoin transaction of 0.001 BTC on February 1st.

I do not understand half of this just yet, but I’m taking a small gamble on it because it just feels good.

Besides… getting my feet wet is a good way to force myself to learn more!

Let’s have a look at a short video about Stratis.

Despite being new to Stratis and not knowing a lot about it, there’s already two things I really like about Stratis:

  1. It was designed for the real world needs of businesses. That means businesses are going to get in on it (duh). So what reason could a regular Joe like me possibly have not to wanna be in there? This means it’s got huge growth potential. My 250 Stratis could become worth $250,000.
  2. It’s being written in C#. I’m a C# developer myself. I think it’s a really decent language, which offers pretty good performance as well. I believe they are developing it in .NET Core, which (I also believe) means it’s not running on the .NET Framework (overhead) but natively on a CPU (maximum performance). Could be wrong, but I still have much to learn.

Check out my current holdings on PolonieX here:

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I don’t have all my holdings on PolonieX, though.

Matter of fact, I’m trying to hold as much of my cryptocoin in my own local wallets, where it’s safe.

I love local wallets, because online exchanges can go down and you’ll lose any holdings you had thereon.

In the screenshot above, you can see I’ve just transferred 20 Ethereum to my own wallet.

The more valuable it becomes, the more daily maximum of $2,000 transactions I have to do!

I have a small amount of Ethereum. It grew by 2x.

I have a small amount of Ripple. It grew by 4x.

And now I’ve got a handful of¬†Stratis, too!

Care to learn more about Stratis?

Check out this video, which pits Stratis against Ethereum.

Both similarities and differences are highlighted.

Some interesting tidbits I picked up from it:

  • Stratis is BaaS: Blockchain as a Service.
  • C# developers can easily develop applications that work with Stratis.
  • Stratis gets support from Microsoft.
  • Stratis lets smart contracts¬†run on sidechains and does not bloat the main blockchain with them.
  • Stratis is SegWit ready.
  • Stratis provides master nodes.
  • Stratis offers full trustless anonimity, better than Bitcoin.
  • Stratis somehow ties in with Bitcoin and it will help Bitcoin wallets become more anonymous.

Like I said, I don’t understand half of it yet, but it sounds to me like this coin has potential!

Now that I’m invested in it, naturally I’m going to be learning more about it.

And I’ll be writing about it as well.

Are you coming down with the cryptocoin virus as well?

Andreas Antonopoulos: The Stories We Tell About Money & Why Bitcoin Will Go Mainstream

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Who is Andreas Antonopoulos?

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

Andreas is a smart cookie and you’d do well to listen to him.

In the video above, Andreas addresses the following points:

  • Why we are all told BS stories about what money is.
  • Why fiat money sucks.
  • Why Bitcoin¬†is better.
  • Why¬†Bitcoin will go mainstream.
  • Why Bitcoin can’t be stopped.

Visit Andreas’ site.

Rick Falkvinge Response To RetireOnBitcoin.net Goes Viral

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Okay… so I was surprised to find out Rick Falkvinge was a BTU supporter and responded to him on Twitter:

falkvinge twitter 1

He responded as such:

falkvinge twitter 2

Which resulted in him going viral on Reddit and Twitter:

falkvinge reddit

Imagine my surprise when waking up to 69 or so Twitter notifications!

Not in a million years had I thought I’d ever unleash a Twitter war that was worthy of Reddit fame.

Twitter Thread

Reddit Thread

I recommend a cup of coffee and about 15 minutes of your time.

It’s fun watching people set Falkvinge straight!

Bitcoin Breaks Out To All Time Highs: $1,400 And Counting

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Bitcoin Breakout

Just when you think it couldn’t get any better, Bitcoin goes ahead and breaks out to a new all time high.

It recently went above $1,400 and not just a bit. It’s slightly below $1,400 at the time of writing.

But that doesn’t matter.

This little virtual coin, worth pennies just a few short years ago, is showing its potential to grow into a whole new economy.

Just look at that sucker go in 2017!

If you think Bitcoin is some half assed ponzi scheme that’s going to collapse soon, then think again.

The amount of Bitcoin users has been doubling every month since 2013.

Given Bitcoin’s wild growth, it is highly likely that it will continue to do so.

Here are some Bitcoin potential predictions that I found in a YouTube video (which I can’t find anymore!).

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This is if it keeps up its current momentum going up.

And there’s no good reason why it could not.

Take a look at the following chart, if you will:

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You know who that is?

That’s Google.

Sure, there has been a dip in the early years.

But generally speaking, it ain’t going nowhere but up!

Bitcoin is about a 100x more of an interesting opportunity than Google…

Google is a great company, don’t get me wrong. But they are working to make only themselves rich!

Bitcoin, on the other hand, is for the masses. It was designed to be available to everybody!

You can split a Bitcoin into 100 millionth little bits of Bitcoinshes!

Is that a word? If not, then I just made it up. So it is now!

Except there already exists a word for one hundred millionth of a Bitcoin: 1 Satoshi.

So if a Bitcoin becomes worth $100 million, then you can still buy 1 Satoshi, which is then worth $1.

So no matter how high Bitcoin goes, it will always remain available for everybody!

Source: btcsatoshi.com.

A capitalistic and ultimately selfish search giant has seen nothing but growth for well over a decade.

What do you think this means for a revolutionary, virtual coin such as Bitcoin, that everybody has access to?

I have a sneaking suspicion¬†that Bitcoin’s growth will far outstrip any other growth curve the world has ever witnessed, so you better saddle up.

People world wide are flocking towards it in droves.

Take Antigua and Barbuda, a tiny island near Puerto Rico, for instance.

Sure, it starts with a tiny island… but it’ll take over the world before you know it.

Bitcoin is not just a new assett… it’s a new economy.

And it’s being actively developed, because people believe in it.

And if you’re getting involved in it early on, then you are setting yourself up for a cozy life in the near future!

The earlier, the better!

Because you’ll make optimal use of Bitcoin’s future price rises, which are basically your leverage!

Ethereum Breakout

In other news, Ethereum is breathing down Bitcoin’s neck.

Not in value (yet!), but certainly in growth!

As a matter of fact, in going from $50 to $80 in a matter of days, its market share has now grown so large¬†that Bitcoin’s market share dropped to an all time low of 60%.

I purchased 50 ETH on April 21st, when it was $50. ūüôā

To be fair, Ethereum isn’t the only cryptocoin responsible for this. There exist dozens of others, after all.

Some people will try to convince you that a smaller market share for Bitcoin, means it’s going to end soon.

Complete, utter hooey!

Let’s compare to search engines’ market share!

Just because Bing, Yahoo and even Amazon have a share of the search engine market at Google’s cost, it doesn’t mean that Google is going to die soon.

As a matter of fact, this competition is very healthy.

The fact that multiple cryptocoins are now vying for your attention, means that they are being traded from one to another.

There is a very rich cryptocoin ecosystem brewing, and it will skyrocket cryptocoin prices even more.

If there ever was a time to hedge your bets against the bubble that is the fiat money system, it’s gotta be¬†now!

Why Cryptocoins Are Unstoppable

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Click for bigger picture.

Bitcoin used to be the only player in the cryptocoin market. But now there’s dozens. Just check out Coin Market Cap and thou shalt see it with thine own eyes.

cryptocoins
We’re here to take over the world. Such doge. Much wowe.

The image above displays the (current) top 5 cryptocoin by market cap. Dash and Litecoin have recently been switched around. Dash is currently not going anywhere, but Litecoin has seen a great uptrend because of the fact that SegWit has been locked in for it.

The fact that there is now a top 5 cryptocoin, all vying for the #1 spot, pretty much already says it all. There used to be a single one, after all, and that was Bitcoin, ofcourse.

But let’s look at some other reasons for why not just Bitcoin, but cryptocoin in general, is absolutely unstoppable.

Botswana Clinic Accepts Bitcoin

In Africa, people don’t feel like having to hassle with bank accounts. These people are poor and the last thing they need is a bureaucratic, corrupt man in the middle that slams them with all sorts of BS fees that are way too high for the services they deliver.

Dr. Ariisa was not worried about Bitcoin’s volatility, because that’s what all new technologies suffer from. These people are eager to adopt Bitcoin. This country is going to be much better off once it has established an economy where people pay each other directly!

Ripple Signs Up 10 More Banks

Ripple is fairly unique in the sense that it manages to penetrate the banking sector. Recently, it signed up 10 more banks, one of which is BBVA. The others: MUFG, SEB, Akbank, Axis Bank, YES BANK, SGI Remit, Cambridge Global Payments, Star One Credit Untion and eZforex.com.

See the official press release.

Cryptoin was meant to take banks out of the equasion. Banks are now voluntarily hopping onto blockchain powered technology.

For what reason, you ask?

It’s simple.

If you can’t beat’em, join’em.

JPMorgan Chase Pursues Blockchain Strategy

JPMorgan¬†may have left the R3CEV Blockchain Consortium, but that doesn’t mean they aren’t interested in the blockchain. They’ve left it with the intention of pursuing their own blockchain based strategy.

JPMorgan is still a member of the Enterprise Ethereum Alliance. This alliance investigates the best way of implementing Ethereum based blockchain technology all throughout the world. So you can see that just about every bank is interested in cryptocoin in some way.

If all the banks are interested, then why wouldn’t you be?

I’m glad to be holding 50 Ethereum myself!

Top Cryptocoins Spiking Hard

With more cryptocoins creeping up on Bitcoin, the market as a whole is becoming more active.

There are plenty of great trading opportunities when young, upcoming coins (yuccies?) are breaking out and being all volatile and whatnot.

One coin is feeding off the activity of all the other coins. It’s an upward spiral. One that is not going to come to a halt anytime soon.

The cryptocoin revolution is about to burst out onto the scene in a dramatic fashion. Think ‘upper extremities flailing about wildly and screaming like a maniac’ dramatic. Kind of hard to miss, is what I’m trying to say.

Can you say “wubbalubba dub duuuuuuuuuuub”?

 

Cryptocoin Market Cap Breaking Through All Time High Barriers

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Litecoin

Litecoin has broken the $15 barrier. It was first introduced in 2014, has remained relatively silent for many years. Now, all of a sudden, there is a breakout.

Why?

Because it’s getting a software upgrade. And it’s none other than SegWit, which is also aiming to become Bitcoin’s scaling solution for the foreseeable future.

So you see, people… even the cryptocoins that seem like they are dead in the water, have the capability of bursting onto the scene like mushrooms popping up from the ground.

Ethereum

Ethereum¬†is going beyond $60. This coin, created by the very genius Vitalik Buterin, is aiming to be a better BitCoin. It is powered by a better blockchain, that does not have BitCoin’s flaws. Better transaction speeds and such.

Since BitCoin came to the scene first, it’s the biggest. Had Ethereum been first, it could very well have been the number one.

Not that BitCoin is a bad coin. Au contraire. It will always give you that special feeling you also had for your first girlfriend.

Besides… having multiple coins vying for the highest market cap is a good thing. This is what drives up all the prices, allowing you and me to become extraordinarily wealthy in the coming years!

Why is it breaking out?

I don’t have a clue. Probably because it’s such a darn good coin that shows so much potential. I hold 50 of them!

BitCoin

Bitcoin¬†is $1330 at the time of writing. This coin requires no introduction. It’s the coin that it’s all about. And it has recently broken through new record high barriers, once again overtaking gold.

BitCoin is the coin that just won’t die. It’s been attacked in the past and will be attacked in the future.

It survived the Mt. Gox fiasco. And it will survive the SegWit/Unlimited debate as well.

The markets are massively trying to short BitCoin, which seemingly means BitCoin sentiment is currently on the down.

And yet… it manages to break all expectations, going to never before seen highs.

Photo credit: CoinDesk.

Billionaire Invests 10% Of His Money Into Bitcoin and Ethereum

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Michael Novogratz
Michael Novogratz calls his $1 Ethereum purchase “the best investment of his life”.

Michael Novogratz is the founder of the Fortress Investment Group. His total fortune is estimated by Forbes to be at least a billion in 2007 and 2008.

Novogratz recently claimed to have invested 10% of his money into cryptocoins Bitcoin and Ethereum.

Novogratz was one of the first ones to buy Ethereum, back when it was still $1 a pop. At the time of writing, Ethereum trades at $50 a pop, yielding Novogratz a really respectable 50x ROI.

Last wednesday, he discussed his outlook on cryptocoin in general when having a talk at the Harvard Business School forum, according to CNN Money.

He called his investment in Ethereum one of the best investments in his entire life.

So how come Michael Novogratz managed to buy loads of Ethereum so early on?

Because of one man: Vitalik Buterin.

Buterin is a truly gifted, Russian born genius, who recognized Bitcoin’s potential early on and made well over a million bucks on his investment in it.

Buterin¬†and and Novogratz had a talk over a dinner, and Novogratz was immediately impressed with Buterin, Ethereum’s founder.

Why did Buterin found Ethereum? Because he recognized Bitcoin’s potential and wanted to create a better currency.

Bitcoin is currently the most popular cryptocoin. But some say Ethereum might one day take its place, because it doesn’t suffer from Bitcoin’s flaws.

Listen to Vitalik Buterin explaining Ethereum here:

These videos are a unique opportunity to pick the brain of a certified genius.

Don’t pass up on this opportunity to learn more about ethereum!

Photo credits: acumenfund/flickr.

Can A Single Bitcoin Become Worth $500,000?

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Can one single Bitcoin become worth $500,000 in due time?

I think it can.

And so do two other guys. One of them is Jeremy Liew.

Remember the guy who bought pizza for 10,000 bitcoins?

Back in those days, they cost mere pennies. Nobody took them seriously. People lost them in hard drive crashes and did not give a shit.

The pizza guy bought them sometime in 2010, when Bitcoin was $0.0025 a pop. For $25, he was the proud owner of 10,000 Bitcoin.

And he blew it on 2 Papa John’s pizzas.

Now, I’m not dissing Papa John here.

But if only he had known…

  • June 2009 1 BTC = $0.0001
  • June 2010 1 BTC = $0.07
  • June 2011 1 BTC = $15
  • June 2012 1 BTC = $7
  • June 2013 1 BTC = $100
  • June 2014 1 BTC = $600
  • June 2015 1 BTC = $220
  • June 2016 1 BTC = $600
  • June 2017 1 BTC = >$1,200 (probably)

Had this hungry, hungry hippo held onto his bitcoin, he’d be a bitcoin multi millionaire right about now.

A quick calculation teaches us that 1,000 / 0.0025 = 400,000.

Let that roll around in your brain for a while.

Bitcoin has already multiplied its value by a whopping 400,000x!

Do you suppose it can multiply its value by 500, going from $1,000 to $500,000?

You bet it can. And it will.

Think about it… there are only 16 million of them or so mined, many of which are already lost.

There can only ever be 5 million more Bitcoin for a total of 21 million. And it will take until 2140 until we’ve mined them all.

These things are pretty scarce. Bitcoin ATMs are popping up here and there. Japan is testing Bitcoin transactions in many stores now.

It doesn’t exactly take a rocket scientist to figure out where this is headed.

And yet the rest of the world hasn’t even caught on yet!!!

With Bitcoin in 2017, it’s like SEO in 2000.

Don’t you wish you would’ve entered SEO in 2000? I know I do!

You could rank and bank with a new site and a few thousand crappily auto generated spam links.

The days of easy pickings in SEO are gone.

But thankfully for all of us inhabitants of the year 2017, the world is changing so fast that there’s a new wave to ride every few years!

Cryptocoin is proving to be a serious game changer. And people… are… just… catching… on.

It’s early days for Bitcoin. And the early birds get most of the worms!

Think about it, man. If you feel you ever missed out on a golden opportunity, this is your second (third? fourth? umpteenth?) chance!

You just gonna sit there and do nothing?

I can haz 5 Bitcoinz?

I bought 5 Bitcoin at ~$1,000 and I’m sitting on them until 2030 at least.

But I’m also doing something else.

Something that stands to make even more profit than simply holding on.

Want to retire on Bitcoin?

I got something coming on this blog that you’re gonna like.

Bookmark me.

Seriously.

Bill Gates: Nobody Can Stop Bitcoin

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Bill Gates isn’t the only one who has something to say about it, though.

Watch this video and learn more about what other people think.

It’s a great way to get more insights into the future impact of Bitcoin.

Satoshi Nakamoto is one clever guy to have invented this genius cryptocoin, which has made people rich and to this day continues to do so.

How To Retire On Bitcoin

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A new era is dawning.

Gone are the days of having to participate in the 9 to 5 rat race.

Your life is too precious to start your day with a mind numbing, sould crushing, motivation draining commute.

Screw the cubicle prison.

There’s another way of realising your financial independence from someone else.

And it’s all thanks to Bitcoin.

I’ve found a way to invest your Bitcoin and watch it grow at¬†almost 1% per day.

When was the last time you got 1% interest?

Your bank only gives you this amount of interest per year.

Pretty soon, this website is going to have an ROI calculator that’s going to let you calculate what your ROI will be a decade from now, if you buy yourself in now.

It’s still early days for Bitcoin.

Be one of the early birds and get those worms.

And by worms I mean Bitcoins.

Visit the frontpage to calculate your Bitcoin retirement.

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