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Showing posts with the label tech

Black Tuesday

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Image credit to: @marcjonesrtrs See a snapshot of Chinese property sector bonds crashing. This contagion will spread. As my Financial Advisor friend once told me, the bigger the bubble, the bigger the crash. Everything is not well in finance right now. In Bitcoin, I see "Buy the rumor, Sell the news" happening as the Bitcoin Futures ETF launches today. This ETF is NOT good for retail investors.  This image credit to: https://twitter.com/CryptoWhale As Crypto Whale predicts, Bitcoin will crash just like it did in 2018 when the CME Bitcoin Futures was launched. See image below. This image credit to:  https://twitter.com/CryptoWhale If you lived through 2018, then you know the pain I am speaking about. Once the margin calls start, it is too late to get your money out. On the Investment front, I am HODLing GME and SPXS as crash insurance. It is a type of barbell. The fundamentals of GME keep improving daily. Not too mention all of the new hires they acquired from other tech compa

Seeking Crypto Analyst Role

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Jared is looking for a Crypto Analyst role within a larger organization, ideally a Crypto Hedge Fund. He brings to the table Digital Marketing Strategist experience after running his own company, Web Marketing LLC along with experience investing in many coins and tokens since 2014. Jared is an expert in Peer to Peer Lending and has invested in Pre-IPO companies as well as the Stock Market. He is talented at finding creative solutions in the alternative investment space and capitalizing on found opportunities. Jared also has a Finance Degree from Northeastern University, having graduated in 2009 with honors. He has worked previously in the Portfolio Administration function at BlackRock, Inc. Please contact him via Linkedin with opportunities:  https://www.linkedin.com/in/jaredschlar/  He can also receive messages at 1.203.548.7736.

How Do I Run Ads On Bitcoin Cash With Memopay?

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I recently had to opportunity to speak with TracySpacy, Founder of Memopay, a new and very unique advertising network built on a the Bitcoin Cash blockchain. This project is a service which allows business to send messages and run ad campaigns targeted directly to BCH users. Intrigued? Read on to learn more about how this could be a game-changer for driving BCH adoption in the long term and for disrupting the way businesses run ads and communicate with their customers. Jared: How did you come up with the idea for memopay? Please provide a bit of background about yourself and your team (if applicable). TracySpacy: Memopay initially started as an extension to the memo.cash social network. It allows people to send funds to any BCH address outside of the memo.cash network (which was not possible before). One day, one of the memopay users from the BCH community asked if there was a way to add a note to the payment. The question made us think that adding a note to payments might b

Human-Friendly QR Codes May Drive BCH Adoption: A conversation with QaRT Wallet developer Kim Jinryul

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QaRT Wallet I recently had the opportunity to interview Kim “Randy” Jinyrul, a developer based in South Korea who you may be hearing quite a bit about in the the near future. Randy is quickly making a name for himself in the Bitcoin Cash community with the Beta version of the new QaRT Wallet, a new app that fundamentally changes the way QR codes are used, and increase BCH adoption in the process. Making QR Codes Human QR codes are an incredible innovation. The idea of encoding information and making it quickly and easily scannable goes back decades, to the invention of RFID and barcodes. But just like these older technologies, QR codes have a problem: only a machine capable of scanning and deciphering the code can make any sense of what it means. If you were to look at a QR code right now, would you be able to tell what information it contains without some sort of contextual information or additional explanation? Of course not. Let’s say you got your QR codes mixed up, or

Why You Should Surrender to Bitcoin Cash (BCH)

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The Bitcoin (BTC) vs Bitcoin Cash (BCH) has been raging since last summer. While BTC continues to get more media attention, things could change very soon (as I’m sitting here typing this, BCH is up 13%). Today I’m going to give you 3 good reasons why you WILL regret ignoring BCH— and, no transaction speed isn’t one of them. Look, it’s already been established that Bitcoin Cash is superior to BTC for use as an everyday currency. The transaction speeds are incomparable, and with the upgrade to 32MB blocks coming in May, it’s only going to get better. There simply is no debate anymore; despite all the hype surrounding the Lightening Network, BTC still has not caught up to BCH in terms of practicality as a digital currency. The transaction speed war is over, and Bitcoin Cash won. Now that we’ve got that out of the way, there are 3 more reasons why you should not be sleeping on BCH: Memo.cash Now this is an interesting one… Memo  is basically a blockchain-based social media pl

Puerto Rico, Taxes, and a Bitcoin Utopia

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It’s tax time, and many Americans are waking up to the harsh reality of the gains on their crypto trades. The process is complicated, confusing, and costly. Everything from bitcoin purchases to airdrops are subject to capital gains tax, and the Internal Revenue Service (IRS) is lighting a fire under holders to collect what is owed. In November , federal regulators ordered Coinbase to release records of users that had more than $20,000 in transactions between 2013-2015, impacting more than 14,000 traders. It is no wonder crypto traders are looking for alternatives. One group of crypto entrepreneurs, led by Brock Pierce of the Bitcoin Foundation, headed to Puerto Rico to escape some of the tax drama of the mainland. Their plan? To build a crypto-utopia. And the process has already begun. Currently, the group, which they’ve named Sol, has already started the process of searching for properties on the island. “The Monastery,” a 20,000 square foot hotel the group has rented o

NEO – The Altcoin That Surged Despite the Chinese ICO Ban

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NEO also known as Chinese Ethereum is expected to benefit in the long run due to rules being implemented by the Chinese authorities with respect to ICOs. This is due to the fact that NEO already adheres to rules proposed by Chinese regulatory authorities. As such, many are considering NEO, the first public blockchain of China to transform into one of the leading digital platforms in the country. After the Chinese regulatory announcement the Altcoin did take a tumble and reached its lowest point of around $13.29 by the end of September from its top level of $48 with a network cap beyond the threshold of $2.5 billion (way back in August). However, steady trading volume has helped the coin recover and reach value of $26 (in the initial period of October), which is actually a hundred percent rise from the lowest point it reached after the PBoc ruling about ban on ICOs. The Positive NEO Trends Inclusion in Bitfinex: A positive achievement for NEO is that recently it has been

Segwit2x Fork - Market Protection

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It is my understanding that the Bitcoin Segwit2x (B2X) still has a small probability of happening. This is because a faction of miners still believes in it despite the major market players calling it cancelled. This would enable protection for Bitcoin (BTC) owners who are susceptible to chain spiral of death due to Bitcoin Cash (BCH). Since BTC has no Emergency Difficulty Adjustment, if there is another crazy spike in Bitcoin Cash (BCH), which in my opinion is likely, all buyers of Bitcoin (BTC) after the August 1 Bitcoin Cash (BCH) fork have no protection. This is a big deal because many people new to Bitcoin (BTC) may have invested large sums of money with no understanding that it could go to zero. We will see if this hard fork occurs around tomorrow or not. It is very exciting times to be involved in crypto currencies. It’s probably a good idea to have at least some exposure to Bitcoin Cash (BCH) to ensure that you have some diversification in the event of another black swan. I

Bitcoin Cash Will 3X My Investment

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Based on recent news I am more bullish on Bitcoin Cash than ever before. Just recently the CME chairman announced that Bitcoin futures will be listed as early as next month. According to a prominent crypto VC, this news signifies that Bitcoin will be able to be shorted. This is a large problem if you have (BTC) because Wall Street and Crypto Valley are not yet on the same page. I can envision large market forces attempting to damage (BTC). Luckily, if you have Bitcoin Cash (BCH), this is not a problem. Some of the same forces that short (BTC) may actually long (BCH) which may result in another huge pump. Roger Ver is likely transitioning more of his 300,000 BTC into Bitcoin Cash. Keep in mind Bitcoin Cash has only been live since August 1st 2017 and has already bulged to the second highest network cap in crypto. This is not by error. Additionally, Mike Novogratz has been buying Bitcoin over the weekend. He is likely responsible for the uptick in price as his firm bought $15-$20

There Are Only Two Cryptos That Matter Right Now by Jared Schlar

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In my opinion after extensive research I have determined that only two crypto coins or tokens matter until after the Segwit hard fork. This article was previously behind a paywall and is now free. In my paid content you can discover my rationale for this including extensive research I conduct daily. This article is paid and I hope it provides a large value to readers with new insights. My background as a Search Engine Optimization (SEO) Analyst helps me understand indicators about the crypto world that are hard to quantify without the same training. #1 Bitcoin #2 Bitcoin Cash When the Bitcoin Cash fork happened people would borrow Bitcoin on margin at crazy interest rates just to get exposure to the fork. There is now and I anticipate more until the BTC fork, a rush to accumulate new BTC to get a sort of dividend after the BTC fork. What the exact split ratio will be, I don’t think anyone is totally sure at this point. The powers that be have a huge incentive to make the fo

LendingClub  - The Fast Growth FinTech You Didn’t See Coming

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LendingClub (LC) has become a boon for borrowers as well as investors and has turned into a viable option in comparison to loans from banks. Let us look at reasons behind its fast growth. In the early days I used to get 20%+ returns annually from trading LendingClub notes. That rate of return has fallen but I still believe in LendingClub.com . I even still have the monthly statements to prove it. Also, LendingClub has extremely powerful network effects. LendingClub and Its Utility for Borrowers and Investors LendingClub is operating a unique credit marketplace which allows peer to peer lending as well as investing. Due to machine learning, crowd consensus and other mechanisms, LendingClub typically provides lower rates in comparison to what banks offer. For instance, in a recent interview with Bloomberg, LendingClub CEO Scott Sanborn states that customers save on average 24% interest, when borrowing with LendingClub. Read more about LendingClub here.