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Showing posts with label pos. Show all posts
Showing posts with label pos. Show all posts

Wednesday, March 14, 2018

The Crooked Insurance Industry V.S Cryptocurrency.


It is a foregone conclusion that the Insurance Industry is the most crooked industry in the world. With the companies that continue to steal money and get away with non-payments, simply because they can deny a claim. The problem with this is reality. You are paying the premium, that means you are the master. The insurance company needs to do what it is told to do, when it is told to do it. How many of you have seen this:



 
The simple fact that they can deny your claims, make them an industry that can easily be replaced now thanks to crypto currency and self responsibility.


What you can do is simple, instead of paying the crooked insurance industry a premium every month, take that same amount of currency, and place it in a staking wallet, which will add interest. Now every month you will have your premium gain interest as you keep paying it into your wallet.

When you need to fix something, all you have to do is get three quotes, determine how much is there and use what you need to pay for the repairs. This does not only apply to home owner’s insurance, it can apply to all insurances including, but not limited to:

Health Insurance
Vision insurances
Automobile insurances
dental insurance
Worker’s compensation

and many others.

The possibilities are endless, just as the innovation of the crypto currency world. There is no need to pay companies big money that never do what you need. The game is now in the favor of the people, and if any insurance company wishes to survive, they will not be able to do anything but what the customer, or rather, the real boss wants and needs.

Thursday, February 15, 2018

The Gamers Currency Strategy


Disclaimer: The results of this strategy are the actual results I myself have achieved. The results you achieve are based on your Internet connection, the hardware you are using, and the actual wallets you choose to use. These results work best.

 
Today I am going to truly outline a strategy to show you a visual comparison to the original Warcraft Orcs and Humans game of the 80’s. Let us go back in time to the early 1980’s when the computer games were filled with strategy and actually using your mind. The game of Warcraft put you against the computer or another player. You started with one peasant and 4 soldiers and a town hall. The peasant was used to build the farms, mine for gold, and chop down the trees. This was necessary in order for you to build a base.

 
So now you have all your miners mining to your multiple coins like normal, the only difference is you will be transferring them into the main staking wallet
 This way your coins gather interest. No need to stop there, if you are like me you have multiple computers along with your ASIC miners, so just set up another staking wallet on another computer that is GPU mining wait till that one is synced, and now you can send some coins there as well.

In other words the amount of staking wallets are up to you. You create your own base, if you will. The only limit to what you can achieve is those limits you impose on yourself.



 
This strategy is the correct way to get ahead in the crypto mining system. First let us look at building our Town hall. Our town hall in the crypto world will be a staking wallet. This is the main coin you will transfer to because it stakes. Think about it this way, if after 1 week you have $20.00 in one coin, and leave it in that wallet, by the time it pays again you only doubled it. The staking wallet as the town hall is the main wallet you will send your coins from your miners, or if you prefer the peasants going back and fourth to the goldmine. 


 
Let us just say you are going to use Blackcoin as your town hall, or main staking wallet.



 
Now when your wallet is all synced up it is similar to the peasant completing to build the town hall where the gold will be taken to. The goal is to build your own base. This is just like Warcraft.



 

In other words the amount of staking wallets are up to you. You create your own base, if you will. The only limit to what you can achieve is those limits you impose on yourself.

Welcome to the future, for I would not change anything. Instead of being an actor, lawyer, or part of the system, I have achieved actual freedom where life is about living, and not about killing myself trying to get by.

Friday, January 12, 2018

Cryptocurrency 101

Cryptocurrency is the worlds most innovative technology that has ever been available to anyone. The most important piece of this technology is the blockchain technology that incorporates an “ ANTI-TRUST” foundation. In other words,there is no Government agency stealing a percentage, or a crooked bank skimming a percentage. This technology verifies all transactions in order to promote a secure and efficient ledger,which is open source so that transactions are publicly recorded.

The very idea was to actually have self-ownership of your money. This is done by mining and staking. This is the ONLY way to have self ownership of your currency. POW(Proof Of Work) and POS (Proof Of Stake). Many people are still going the wrong way of investing. While Investing may be fine, it is the wrong way of doing this. First of all you no longer have self ownership of your money. Your currency is now invested with a third party, which is the very thing crypto currency was trying to eliminate. Second it becomes counter productive because as less Bitcoins, per say, are left to be actually mined, the whales will not be able to lower the price down that drastically because of the less coins available. Making them more valuable and increasing the price.

Proof of this stems from two years ago when the Bitcoin price was steady at a value of $200.00. People were investing ten of thousands of dollars world wide, but in one single month did Bitcoin rise from $200.00 to ten-Thousand Dollars? The answer is no. This is because there were still a larger supply to be mined. Now in 2018 the actual supply left to be mined is less. This is the problem of why investing is the wrong way to do this.

As it was stated in a previous article from this blog, you must mine in a way that gets you the monthly salary you need to live and have some extra. There is a large measure of self-responsibility that comes with mining crypto-currency full time from home. While it allows you plenty of down time, fun time, and free time, there is a time when you will have to take action and handle repairing and maintaining your equipment. Again, this is the self responsibility you must have.

You can always go back and check previous articles of this blog to give you the information you need on mining as well as Staking coins. There are several ways to do this. If you are truly smart .with math and metrics, you can do this as easy as a child connects the dots.

Thursday, February 23, 2017

UNDERSTANDING THE CRYPTO WEALTH.

There are too many platforms available today, where you can make a good living on crypto currency. The truth is, you have to be smart about it. For so long, and even today, there are so many scammers on the Internet trying to get you to send them Bitcoin, and they will provide nothing to you. Some sites have the picture of Anonymous on them, when in actuality, The real Anonymous stands for freedom, and will not ask you to do anything, because they are not a personal army and they have plenty of their own.


In earlier posts I have stated that Bitcoin was the gamers currency. Let us truly break it down. In the game Warcraft: Orcs and Humans, you start off with one peasant. If you do all the mining and all the tree chopping with the one peasant, it will not only take forever, but you run the risk of the enemy finding you and destroying your entire base.


So the Goal was to train multiple peasants in order to mine more gold faster which provides the multiple streams of income for your base, and to chop down multiple resources of lumber which will allow you to build your base faster.

The same is true in crypto currency. You must find the best resources for the mining hardware you have. I use Antminer S3,s, because despite the morons out there, they are the only Miners I know of that have the ability to mine on multiple pools at the same time which doubles the Satoshi earnings.

Using a multi algo pool is the best bet for several reasons:

  1. The pool itself will automatically pick the most profitable coin at any given second.
  2. You do not have to mine Bitcoin with the difficulty, they usually allow you to be paid in
  3. Litecoin, or any other coin they support
  4. You can use Antminers and GPU cards to assist which delivers maximum efficiency.

 There are a few others, but you will have to discover them for yourself. You must understand, depending on your personal Hardware, Internet provider, and system You will have to use the most profitable for you.


Now let us go into what you need to do when your coins hit your wallet. I use my android because I can shape-shift to whatever coin I need to stake. Since some of the exchanges have decided to stop using Litecoin as a trading pair, I can use any coin as a trading pair, so long as the Shape-shift has that coin on it. In other words I can shape-shift Dash to Potcoin, Or Dash to Reddcoin, or even Litecoin to Reddcoin. It is all easy and I can send it directly to my staking wallet where I continue to add Satoshi in the staking process.

 If you remember, The goal is NEVER to compare to US Dollars, because the Dollar is Fake and has absolutely no value. You must understand the strategy of simply adding up Satoshi

This way the coins you mined will continue to add up Satoshi and it provides you with the steady income. Please remember, Each wallet that stakes is based on a percentage of the actual coin, The US DOLLAR DOES NOT EXIST. We will only use these figures as an example because they are easier to calculate: So if you have a 10% staking wallet, which gives you a 10% stake on the coins in your wallet and you have 33,500 coins That gives you a daily stake of 3350 coins. Think of it this way if the alt coin staking is worth only .02 then your daily stake in dollars is $67.00. You have to forget the dollar and add up the Satoshi. Because after all, That is the name of the game.

Friday, January 13, 2017

BEWARE OF FAULTY EXCHANGES

 Now  before you go off and defend this exchange I will show you the difference between a faulty exchange and a good one. The Faulty Exchange in today's article is YOBIT.net.

 Now I have done some trading with them, but lately their support has been lacking, and their wallets for some reason are in maintenance for far too long. Another problem I have is even though the wallet says online the withdraw is temporarily off. This has all the red flags of a scam exchange.

Let me show you. The coin I stake is 1337, this is only one of my staking coins, but you will see for over a month the wallet has been unable to withdraw or even trade

Now if you look at the picture above you will see that this particualr coin has been in maintenance since December, but it is working fine on Cryptopia, as well as  POSWALLET.COM.

Here is the picture to show that this coin has no problem staking, so I beg to question why is it only YOBIT has this problem?


I use CRYPTOPIA due to the fact of many other abilities it has, for example, mining, marketplace, as well as others. This is a good sign of a well polished good exchange.

These are some signs as to which exchange to use. YOBIT has not passed the quality control check on a secure or even a reliable exchange, and for all Cryptocurrency earners, you should never reccomend an exchange like YOBIT that does not meet the same standrds as others.

I usually do not print a straight complaint without some evidence, so if the support kept a good communication this article may have been avoided, but I will post the images of the conversation, and you can see for yourself that one response to several questions is never enough. 

I hope This article helps those when choosing an exchange.





Tuesday, May 24, 2016

Mining with a purpose

The one thing that I have done here is set up a do-it-yourself automatic depositing savings account.

 What I did first was to download the Tekcoin Wallet. I did this because Tekcoin is one of the currencies that has no limit on how many coins. Once I ran the wallet I let it sync up and after it was synced to the network I encrypted it,as well as unlocked it for staking only.

Once that main step was completed I ran my bfgminer program that I had set up to mine Tekcoin to my wallet using the address for that wallet.

Now coins are coming in automatically every so often, and when they get to a certain amount they will stake or add interest.

This will continue to deposit Tekcoin into my wallet and stake without me having to do anything at all. Think about it, I have a fully automatic depositing savings account.