Posts

BCH Dumping

Based on my sources the reason for the BCH dump today is because GBTC started selling their BCH holdings to pay a dividend to shareholders. Their goal is to sell about 170,000 BCH over time. This will end eventually as it was based on the holdings of GBTC after the August 1st fork.   Everybody keep calm and be patient.

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

Today's Bitcoin Highlights

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Bitcoin (BTC) hash rate just dropped 50% nearly overnight. It's currently 70.3% more profitable to mine Bitcoin Cash instead of BTC. Bitcoin (BTC) fees rising.

Bitcoin Cash Overtakes Ethereum to be #2 in Market Cap - $30 Billion

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Bitcoin Cash Overtakes Ethereum to be #2 in Market Cap - $30 Billion on November 12.

Segwit2X Is Still Go - Complete Wealth Transfer From Legacy Bitcoin To Bitcoin Cash In Progress

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Since Segwit activation on 23 August, the Segwit2X team had endured 2 months of relentless bashing from the small blockers , all the while remaining mostly silent. So what happened between October 26 and November 8? It can't be for the lack of consensus which was the reason given. They already knew there was never going to be consensus. Something unexpected happened, causing them to push the "kill" switch. What was it? Read more free content on JaredSchlar.com .

Bitcoin Cash Flippening

Is the Bitcoin Cash flippening happening right now? As of this posting, Bitcoin Cash (BCH) is up about 42% in the last 24 hours. Most other cryptos are down for the day. I don’t see the upside to holding BTC until the cancelled fork news gets baked into the price.   Some people on Twitter are calling this the BTC death spiral. The BTC mempool is  really filling up now.

Millennials Prefer Bitcoin To Stocks

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There is a lot of research coming out showing that Millennials prefer Bitcoin to Stocks. https://twitter.com/CremeDeLaCrypto/status/928240676965249024 https://www.forbes.com/sites/spencerbogart/2017/11/08/7-stats-that-highlight-a-millennial-propensity-for-bitcoin/#459dc7832c46 http://www.zerohedge.com/news/2017-11-09/1-3-millennials-would-rather-own-bitcoin-stocks

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

The Bitcoin Fork Wars by Megawatt

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We are living in amazing times right now. This month of November 2017 is one that will go down in the history of Bitcoin as one of the most controversial, most dramatic, most bloody month in cryptocurrency history. Sometime in mid-November is the Segwit2x fork. This is a fork that increases the block size limit of the once heavily-change-resistant Bitcoin from 1mb to 2mb. It has taken over 9 years for this change to occur and the community is nowhere close to reaching a consensus. Learn more information about hard fork .

Bitcoin Cash: How It's Going to Triple My Net Worth by Boyd Douglas Stone

When you see BCH in this article, think Bitcoin Cash since BCH is the symbol for Bitcoin Cash. When you see BTC, think Bitcoin. I believe rich investors are buying BCH as cheaply as they can. So am I. BCH is going to reach parity—equality—with BTC. BCH is going to become as valuable as BTC has been, making me a lot of money. When BTC gets replaced by BCH, there will be a mad scramble to dump BTC and buy BCH. When that happens, the price of BCH will spike, and if all goes well, I'll make a few hundred grand. I've got 90 BCH now, and I want to accumulate a total of 100. Now, I'm not telling you to invest in Bitcoin Cash like I am. This article is not investment advice; these are just my plans. Don't do it yourself. It's a very risky bet, and I might lose the $40,000 I have invested. Also, it's possible that BTC will be replaced by Litecoin or Ethereum or some other coin or token. It's even possible that BTC will continue increasing in value. Learn more about

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.