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Showing posts with the label 2018

Bitcoin ABC or Bitcoin SV?

This article was written by Greg Wyche. This does not represent the opinion of Jared Schlar. Bitcoin prices fell significantly on 11/14, as a response to the impending fork by bitcoin cash, according to Brian Kelly [1], CEO and Founder of cryto-investment corporation BKCM LLC. [2] Ars Technica reported a 24 hour decline of over 12% Wednesday. [4] Meanwhile, Roger Ver of Bitcoin ABC alleges that November 3rd, Roger Ver sent him a vitriolic e-mail, expressing his willingness to freeze trading of Bitcoin Cash for 2 years, that he hates Ver and that he would prefer Bitcoin "die" rather than become dominated by Bitcoin ABC. He states that he regards the conflict between SV and ABC as a war and that Ver is his enemy. [3] One wonders if a large 687,000 transaction spike on Aug 1st, described by the BCH stress test team through twitter as proof of BCH's scalability [11] will make an impression that lends confidence to those users who believe that Bitcoin Cash is already capable o

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 be a good o

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 somehow could

Crypto Market Update 3

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Here is my estimated price target for Bitcoin in the short term ($9,000) - https://www.newsbtc.com/analysis/bitcoin-price-weekly-analysis-btc-usd-could-test-9000/ If you haven’t noticed most cryptos are highly correlated with the movements of Bitcoin right now. So wherever Bitcoin goes, until something changes, I imagine most other cryptos will go. There is an opportunity to margin trade Bitcoin right now. The way it was explained to me is basically, you could buy small cryptos with what is called in equities as high Beta. Or you could just buy a bigger coin with a lower Beta, take on some leverage and goose your returns with lower risk. Keep in mind, margin trading is incredibly risky. This data is thanks to - Sifrdata Some pundits including Tone Vays are still saying that we will be going to $5,000 per Bitcoin before the next full on bull market. Right now, I believe that is false. I think we have a chance to break out and gain some positive momentum right now. I actually heard Tone

Peak Facebook?

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Now that we have crypto, facebook and other FANG related stocks are less valuable. The private ledgers of these FANG companies don’t provide as much public good as the public blockchains. In the future they will become less relevant. For example, this author describes peak facebook as a result of lower daily active users and monthly active users associated with the countries that generate cash for the company. Interestingly, the United States and Europe provide more revenue than most other regions. Also, note that these FANG companies briefly disallowed ads related to cryptocurrency projects on their platforms. They have since retracted that block, probably because they are desperate for the revenue provided by high growth crypto. In my opinion, investing in crypto is like skiing downhill vs cross country skiing. It’s more fun because gravity is your friend. The world is going in this direction. If you look at the Brave browser gaining in market share, this also is a bad omen for the o

Bitcoin Cash Development Series

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If you've had the opportunity to visit Coin Dance's development page, there’s a lot of creative energy evident. Several concepts are under discussion, six are classified as under development and five are completed. In an effort to raise awareness of the diligent efforts of our fellow BCH enthusiasts, this is the first of a series of articles on development projects relating to either the BCH source code or the manner in which BCH is processed by financial software. In this article, I will highlight four proposed upgrades to the BCH ecosystem in various stages of development. In a later article, I will discuss two additional development proposals in progress, as well as interview some BCH developers about the challenges they face as innovators in this burgeoning and impactful blockchain space. Finally, in a third article, I will describe the 5 development projects described as complete on Coin Dance. The 4 projects I will summarize today are: BUIP078: Enable Binary Contracts in

Crypto Market Update 2

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I believe the crypto market is going to go down in the short term based on the fact that many ERC-20 tokens could be considered securities. Also, the Ethereum-blockchain size has exceeded 1TB, and yes, it’s an issue. If you couple this with evidence that suggests Ripple’s XRP is a security (based on investor lawsuits), then one could postulate that there is a downward adjustment needed. Here are a few news sources to back up my thoughts:   Resources: https://www.linkedin.com/pulse/surviving-upcoming-erc20-crash-john-gotts/ https://www.coindesk.com/markets/2018/06/08/another-investor-lawsuit-claims-xrp-is-a-security/ https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62 Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

Should Traditional Finance Surrender To Bitcoin?

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I used to work in the “Bad Finance” industry. And then I left. Why because in my opinion, traditional finance is deeply unconscious. Firms operate solely for the profit motive. Anything that opposes them is something to be destroyed. At the end of college, I started YouBux.com a personal finance portal for young people to help them make better financial decisions that they will live with for the rest of their lives. Interestingly, the verdict from the startup was that people didn’t care enough to make changes. They weren’t in enough pain to make the switch to a more prudent personal financial plan. If I had known about Bitcoin back then, I probably would have focused on it. Today, the movement against traditional finance or what I would call “Bad Finance” is back in full swing. See traditional finance has caused more problems for humanity than it has solved. It has enriched 1/7th of the world at the expense of 6/7ths. To me that doesn’t seem fair. Luckily, now there is an alternative w

How To Increase The Price Of BCH

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Based on 9 years of research and development as a Search Engine Optimization expert, I know (BCH) needs additional marketing to create price stability. I’ve been doing marketing for the Crypto Industry unpaid since 2014 in many forms. BCH is currently at a critical juncture to benefit from price stability. I have the tools to enable more value creation through marketing but I will need larger marketing budgets from you, my readers. If you value the BCH price or general crypto holding prices for that matter, please contribute to my projects to encourage price stability. I have owned Strategies SEO, an SEO Agency since 2010. If you need additional proof that I will do as directed, visit the Strategies SEO company website . and the Jared Schlar Crypto Blog . I also hold a Finance degree from Northeastern University in Boston. How to contribute to Crypto Projects by Jared Schlar? Vote, Share and Tip my posts on. No tip is too large. Corporations pay millions of dollars for marketing servi

Summer 2018 Crypto Markets: Why This Year Could Be Different

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The cryptocurrency market has come roaring back, and if this trend continues, it looks like BTC could be back on its way to 10k in a matter of weeks— a rising tide that will lift other crypto boats. Many who kept the faith during these bearish past few months have pointed out that the cryptocurrency market follows an annual cycle that goes something like this: Things start off strong in January, followed by a significant correction. Bearish trend remains until late spring, giving way to a smaller bullish uptick, followed by a flattening off in the summer months. Starting in September, prices begin to rise again, culminating in a bull market every year in November and December. There are numerous theories as to why this pattern has repeated in recent years, ranging from family discussions of cryptocurrencies at the Thanksgiving table spurring huge November buy-ins across the US, to the Chinese New Year in late winter/early spring, which is associated with sell-offs across Asia by millio

That’s One Sexy BCH*— Exciting Developments Coming up for Bitcoin Cash

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Bitcoin Cash Upgrade There will be major changes for Bitcoin Cash next month— changes which could solidify its reputation as the fastest, most reliable cryptocurrency for everyday use. While some people (mostly BCH detractors) are labeling this a “hard fork”, the reality is that this is really an upgrade to the BCH network. There is not going to be a new coin created; instead the BCH we know will be replaced by a bigger and better one. Think technological superiority. On May 15th, there will be two big changes: 1) Block size will be increased from 8 MB to 32 MB. As we all know, the issue of scalability has been a consistent problem for cryptocurrencies ever since they first appeared, and in many ways, it is still the primary obstacle that hinders their wider adoption. Quadrupling the block size of BCH will go a long way toward tackling this challenge through an update called Bitcoin Adjustable Blocksize Cap, or “Bitcoin ABC”. Blocks will still confirm with an average of 10 minut

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 platform. It fu

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 out, acts as S