The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

Are You Profiting off the BITCOIN wave?

Anything related to investing, including crypto

CreateLiving

Contributor
Read Fastlane!
User Power
Value/Post Ratio
63%
Aug 27, 2014
114
72
34
Jacksonville, Florida
Got to it play it safe with Bit-coin, you don't want to get caught with you pants down if you hold on to them for too long. There is definitely some profitable arbitrage to be had with them though.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

CreateLiving

Contributor
Read Fastlane!
User Power
Value/Post Ratio
63%
Aug 27, 2014
114
72
34
Jacksonville, Florida
We are strongly considering making a play on Bitcoin with our e-commerce business in the smart drug space that we just launched. It might come a little after we establish some more credibility, but I LOVE the fact that you can pickup press just because you take bitcoin.

The coinbase zero transaction fees is nice too, we'll see how it would integrate with shopify though.
Sounds like it would be a good idea!
 

Jake

Platinum Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
148%
May 15, 2011
1,801
2,669
41
Bangkok
Got to it play it safe with Bit-coin, you don't want to get caught with you pants down if you hold on to them for too long.

It's rewarded those who have so far. Mind elaborating?

Braintree a subsidiary or Paypal / Ebay announced yesterday that they would be processing bitcoin payments via coinbase

http://techcrunch.com/2014/09/08/paypal-braintree/

“This is PayPal making a move to embrace Bitcoin,” Ready said(CEO of braintree), pointing out that Braintree is the go-to developer platform for PayPal."

And here's a video from paypal saying you can send bitcoin through their wallet


Doesn't appear to be going away
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

B. Cole

In thine hand is power and might.
FASTLANE INSIDER
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
328%
Mar 5, 2017
595
1,953
42
East Coast
Haven't you guys read M.J's book.

When everyone and his dog is talking about something then it's time to get out!


WOW IN 2017.

And to answer the OP’s question, yes. Miniscule, but yes. But not like you did from 2013.
 

shubham525

Bronze Contributor
Read Fastlane!
User Power
Value/Post Ratio
77%
Jul 16, 2015
271
210
29
India
Bitcoin is all good and said. Yeah there is lots of money to be made by trading and mining. I earned few bucks.

But we should really pay attention to blockchain , I think that's the future.

Bitcoin transactions are already taking around 1 hour and charging a lot , earlier they were quick and costed cents.

So bitcoin will branch out in new sub branches to make them faster and cost less. There are lot of tech guys working on this technology behind the scenes to make it more viable. That will determine what turn it takes.

Blockchain is being used in FMCG products and banks are integrating it. I mean an unhackable system that confirms all it's steps itself and proceed with transaction / any process.
 
Last edited:

MJ DeMarco

I followed the science; all I found was money.
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
445%
Jul 23, 2007
38,083
169,510
Utah
I've been following Bitcoin for a few months now and have just been able to get over missing out on taking a position in January when it was roughly 10 USD = 1 BTC. Now depending on the day, hour or latest news article the price can vary dramatically. I'm not involved with too many stocks, but it's rare that you see something valued as high at bitcoin is that's so volatile.

I'm not here to convince you to buy Bitcoin or believe that it's the future of currency. I think there's a long way to go there, but what I do see is an opportunity to make money quickly.

I took X,XXX and bought in at $64.00 a few days ago and now the price is hovering around $90.00 USD. That's like a 140% return in a few days that I'm exiting on and re-entering when it crashes again.

Anyone else doing the same?

Wow, this was 4 years ago. I wonder how it turned out? Is Ben's investment now worth ONE-MEEEEEELION DOLLARS?
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

B. Cole

In thine hand is power and might.
FASTLANE INSIDER
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
328%
Mar 5, 2017
595
1,953
42
East Coast
Wow, this was 4 years ago. I wonder how it turned out? Is Ben's investment now worth ONE-MEEEEEELION DOLLARS?

Crazy isn’t it. Going by the posts from 4 years ago, we should have a handful of Bitcoin Meeeelionaires on here :cool:.
 

Kjbinatl

Contributor
Read Fastlane!
Read Unscripted!
User Power
Value/Post Ratio
220%
Oct 23, 2017
10
22
53
Atlanta, GA
Crazy isn’t it. Going by the posts from 4 years ago, we should have a handful of Bitcoin Meeeelionaires on here :cool:.

Not a millionnaire, but I have a bitcoin story.

Like many people, I noticed bitcoin back in 2013 when it cleared $1k and showed up in mainstream media. I was curious and have a background in programming, so I slapped together a $1.2k mining rig, set it on a rack in the garage and got to mining Litecoin. My goal was to generate a single bitcoin so I could understand blockchains, cryptocurrencies, and the work involved.

I lived in Atlanta. While I was running my miner, the 2014 snowstorm - aka Snowpacolypse - hit. The temperature stayed below freezing for several days. We lived in a set of townhouses with neighbors on either side. About midweek we were outside and found out that both of our neighbors had pipes freeze in their garages. The pipes broke and flooded the garages. Our garage? It was a toasty 60 degrees with the mining rig running just over 500 watts calculating lite coin hashes.

I reached 1 bitcoin (sorry to say I spent some of it when Overstock.com started accepting it), but in the end the rig paid for itself. Saved me from water damage and made a small profit. Neither of which I ever would have expected.
 

CryptO

Gold Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
101%
Apr 20, 2012
1,170
1,180
The Blockchain
we should have a handful of Bitcoin Meeeelionaires on here :cool:.

Attention, excessive use of the word meeelion and million to follow:

I'm a crypto multi meeelionaire to the point I could lose multi meeeeelions and would still be a multiple meeelionaire.

I also know a couple of others that I met here in 2013 and still communicate with them on a regular basis away from this forum, they are millionaires too.

Two projects I've founded in the cryptospace sometimes have combined marketcaps of over 100 meeeelion dollars and do multiple millions in trade volume on a daily basis (at the beginning of the year they were only in the 10 million zone if that)... I can confirm it feels good when you create something that explodes in value.

Now I have half my portfolio invested in what I believe to be gen 3 coins and I went in hard from the start. When I say hard I mean I have been pumping millions of $$ worth of ethereum and bitcoin into them because they far exceed what any of the former projects are capable of.

If you want to get seriously rich by pouring money (that you can lose) into cryptocurrencies it's best to do your research and invest ahead of the trends... you also get to feel smug about being in the smart money category :p

Btc and Ltc etc are gen one and have massive network effects plus they are currently perceived as being stores of value like gold and silver.

Ethereum is an example of a gen two blockchain platform offering smart contracts (so more usability than gen 1), you would of been happy investing a few k into this in 2014 / 2015 / 2016.

Gen 3's are getting established and I'd rather have millions in these because they will have blockchains that'll shame previous generations... a Kitty app just crashed the ethereum network for example... that's just going to make it seriously difficult for growth if one single app caused it to crash.

Gen 3 cryptos you can run massively demanding apps like an entire social media platform (which has already been proven in Steem btw) along side hundreds of thousands of other demanding applications from video streaming to internet on the blockchain <<< that is where we are heading and that is something you can potentially start being a part of way ahead of the rest of the market right now.

You can see the proof right here in terms of how far gen 1 and gen 2 are lagging behind. Instead of looking at marketcaps lets take a look at blockchain usage.

Block'tivity <<< You can use the following site to monitor in real time the number of transactions on the top projects and how much their transaction rate is bearing load on their maximum capacity. You can see that both Bitcoin and Ethereum are at max load and therefore can't take anymore use right now. This is not good for mass adoption because developers wanting to do normal things for normal users who don't want any friction are being encumbered. However, neither Bitcoin nor Ethereum have the most transaction demand on them and yet they are at max capacity. Something I mentioned earlier called Steem is number one in terms of tx demand per day. In fact if you look at that list you will notice that Steem and BTS (which is number 4) have combined transaction volume more than both Btc + Eth. The important thing to note is that inspite of the fact they have more transaction strain than the others they are only at a fraction of their max capacity... Whilst I'm not investing in them I believe they are precursers to the true gen 3 cryptocurrencies. They are by miles the best performing cryptos in that list (talking about performance as opposed to price)... BTS and Steem were both invented by the same guy who is in turn taking everything he learned and ramping that up to enable potential infinite scaling via multiple thread capacity... opening the doors for more or less anything to be built on blockchain with no friction... surely that is the future?

Crypto is like the internet in 1994 and blockchain will become used by the mainstream for everyday things. You can use blockchain to build businesses and I would encourage people to do so as there are clear advantages to blockchain driven platforms vs traditional centralized (a major one being incentivization of participation on the network) the tools to make it easier for everyone to participate are being built and will be arriving over the next few years.

The bubbles will pop, last minute speculators will get hurt and tears will flow... bear markets will arrive at some point... but the technology is gaining traction at a rate that will become unstoppable and there are so many ways to get involved not just as being an outside speculator... people are recruiting in this scene and the posibilities to make your own fastlanes in it are only growing... speaking from experience having done it myself. Anyway that's enough of that for now just couldn't help but jump in after seeing an old thread bumped and remembering my time here back in 2013 and how far things have come in Cryptocurrency over the past few years. Yes there are millionaires like myself that have been here for a while and there will be tons more to come as blockchain or decentralized ledger technologoy is still in it's infancy.

Today on this very forum you tend to see people talking about wanting to build online ventures... the online part isn't going anywhere only without knowing or not they will eventually switch to writing about online "blockchain" startups... sounds crazy right now but it's not far fetched... the moment gen 3s or whatever else get their network effect, everyday people (the people you know that played candycrush and posted jokes on facebook everyday) will end up participating on them.

There is a crypto project I founded and run and it's all about offering the tools for people to build their own decentralized products. It's an ongoing development and we have people from all over the world working on everything from the codebase to marketing, our community is in the thousands and we'll just keep building away and upping our value proposition no matter what the markets do.

Tl;dr Crypto has been my fastlane it could be yours too.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.
Last edited:

mThree2K

Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
77%
Mar 18, 2017
62
48
40
Málaga
Attention, excessive use of the word meeelion and million to follow:

I'm a crypto multi meeelionaire to the point I could lose multi meeeeelions and would still be a multiple meeelionaire.

I also know a couple of others that I met here in 2013 and still communicate with them on a regular basis away from this forum, they are millionaires too.

Two projects I've founded in the cryptospace sometimes have combined marketcaps of over 100 meeeelion dollars and do multiple millions in trade volume on a daily basis (at the beginning of the year they were only in the 10 million zone if that)... I can confirm it feels good when you create something that explodes in value.

Now I have half my portfolio invested in what I believe to be gen 3 coins and I went in hard from the start. When I say hard I mean I have been pumping millions of $$ worth of ethereum and bitcoin into them because they far exceed what any of the former projects are capable of.

If you want to get seriously rich by pouring money (that you can lose) into cryptocurrencies it's best to do your research and invest ahead of the trends... you also get to feel smug about being in the smart money category [emoji14]

Btc and Ltc etc are gen one and have massive network effects plus they are currently perceived as being stores of value like gold and silver.

Ethereum is an example of a gen two blockchain platform offering smart contracts (so more usability than gen 1), you would of been happy investing a few k into this in 2014 / 2015 / 2016.

Gen 3's are getting established and I'd rather have millions in these because they will have blockchains that'll shame previous generations... a Kitty app just crashed the ethereum network for example... that's just going to make it seriously difficult for growth if one single app caused it to crash.

Gen 3 cryptos you can run massively demanding apps like an entire social media platform (which has already been proven in Steem btw) along side hundreds of thousands of other demanding applications from video streaming to internet on the blockchain <<< that is where we are heading and that is something you can potentially start being a part of way ahead of the rest of the market right now.

You can see the proof right here in terms of how far gen 1 and gen 2 are lagging behind. Instead of looking at marketcaps lets take a look at blockchain usage.

Block'tivity <<< You can use the following site to monitor in real time the number of transactions on the top projects and how much their transaction rate is bearing load on their maximum capacity. You can see that both Bitcoin and Ethereum are at max load and therefore can't take anymore use right now. This is not good for mass adoption because developers wanting to do normal things for normal users who don't want any friction are being encumbered. However, neither Bitcoin nor Ethereum have the most transaction demand on them and yet they are at max capacity. Something I mentioned earlier called Steem is number one in terms of tx demand per day. In fact if you look at that list you will notice that Steem and BTS (which is number 4) have combined transaction volume more than both Btc + Eth. The important thing to note is that inspite of the fact they have more transaction strain than the others they are only at a fraction of their max capacity... Whilst I'm not investing in them I believe they are precursers to the true gen 3 cryptocurrencies. They are by miles the best performing cryptos in that list (talking about performance as opposed to price)... BTS and Steem were both invented by the same guy who is in turn taking everything he learned and ramping that up to enable potential infinite scaling via multiple thread capacity... opening the doors for more or less anything to be built on blockchain with no friction... surely that is the future?

Crypto is like the internet in 1994 and blockchain will become used by the mainstream for everyday things. You can use blockchain to build businesses and I would encourage people to do so as there are clear advantages to blockchain driven platforms vs traditional centralized (a major one being incentivization of participation on the network) the tools to make it easier for everyone to participate are being built and will be arriving over the next few years.

The bubbles will pop, last minute speculators will get hurt and tears will flow... bear markets will arrive at some point... but the technology is gaining traction at a rate that will become unstoppable and there are so many ways to get involved not just as being an outside speculator... people are recruiting in this scene and the posibilities to make your own fastlanes in it are only growing... speaking from experience having done it myself. Anyway that's enough of that for now just couldn't help but jump in after seeing an old thread bumped and remembering my time here back in 2013 and how far things have come in Cryptocurrency over the past few years. Yes there are millionaires like myself that have been here for a while and there will be tons more to come as blockchain or decentralized ledger technologoy is still in it's infancy.

Today on this very forum you tend to see people talking about wanting to build online ventures... the online part isn't going anywhere only without knowing or not they will eventually switch to writing about online "blockchain" startups... sounds crazy right now but it's not far fetched... the moment gen 3s or whatever else get their network effect, everyday people (the people you know that played candycrush and posted jokes on facebook everyday) will end up participating on them.

There is a crypto project I founded and run and it's all about offering the tools for people to build their own decentralized products. It's an ongoing development and we have people from all over the world working on everything from the codebase to marketing, our community is in the thousands and we'll just keep building away and upping our value proposition no matter what the markets do.

Tl;dr Crypto has been my fastlane it could be yours too.
Damn now this is what I call an eyeopener, building uppon your post I found an interesting article about gen 2/3 coins:

Steem and other 3rd generation cryptocurrencies are better than bitcoin -- The New Economy Without Banksters — Steemit

See, all this time I have been thinking that there must be something more advanced and less limited than bitcoin because the chatter about it's limitations and saturation just won't stop, same thing with ETH (although more advanced it's also limited... A Kitty app, seriously?). This is it, you shed some light on this matter. Big thanks for the Block'tivity link too!

Enviado desde mi Mi Note 2 mediante Tapatalk
 

samsig03

Bronze Contributor
Speedway Pass
User Power
Value/Post Ratio
157%
Jun 8, 2016
75
118
Houston, TX
Attention, excessive use of the word meeelion and million to follow:

I'm a crypto multi meeelionaire to the point I could lose multi meeeeelions and would still be a multiple meeelionaire.

I also know a couple of others that I met here in 2013 and still communicate with them on a regular basis away from this forum, they are millionaires too.

Two projects I've founded in the cryptospace sometimes have combined marketcaps of over 100 meeeelion dollars and do multiple millions in trade volume on a daily basis (at the beginning of the year they were only in the 10 million zone if that)... I can confirm it feels good when you create something that explodes in value.

Now I have half my portfolio invested in what I believe to be gen 3 coins and I went in hard from the start. When I say hard I mean I have been pumping millions of $$ worth of ethereum and bitcoin into them because they far exceed what any of the former projects are capable of.

If you want to get seriously rich by pouring money (that you can lose) into cryptocurrencies it's best to do your research and invest ahead of the trends... you also get to feel smug about being in the smart money category :p

Btc and Ltc etc are gen one and have massive network effects plus they are currently perceived as being stores of value like gold and silver.

Ethereum is an example of a gen two blockchain platform offering smart contracts (so more usability than gen 1), you would of been happy investing a few k into this in 2014 / 2015 / 2016.

Gen 3's are getting established and I'd rather have millions in these because they will have blockchains that'll shame previous generations... a Kitty app just crashed the ethereum network for example... that's just going to make it seriously difficult for growth if one single app caused it to crash.

Gen 3 cryptos you can run massively demanding apps like an entire social media platform (which has already been proven in Steem btw) along side hundreds of thousands of other demanding applications from video streaming to internet on the blockchain <<< that is where we are heading and that is something you can potentially start being a part of way ahead of the rest of the market right now.

You can see the proof right here in terms of how far gen 1 and gen 2 are lagging behind. Instead of looking at marketcaps lets take a look at blockchain usage.

Block'tivity <<< You can use the following site to monitor in real time the number of transactions on the top projects and how much their transaction rate is bearing load on their maximum capacity. You can see that both Bitcoin and Ethereum are at max load and therefore can't take anymore use right now. This is not good for mass adoption because developers wanting to do normal things for normal users who don't want any friction are being encumbered. However, neither Bitcoin nor Ethereum have the most transaction demand on them and yet they are at max capacity. Something I mentioned earlier called Steem is number one in terms of tx demand per day. In fact if you look at that list you will notice that Steem and BTS (which is number 4) have combined transaction volume more than both Btc + Eth. The important thing to note is that inspite of the fact they have more transaction strain than the others they are only at a fraction of their max capacity... Whilst I'm not investing in them I believe they are precursers to the true gen 3 cryptocurrencies. They are by miles the best performing cryptos in that list (talking about performance as opposed to price)... BTS and Steem were both invented by the same guy who is in turn taking everything he learned and ramping that up to enable potential infinite scaling via multiple thread capacity... opening the doors for more or less anything to be built on blockchain with no friction... surely that is the future?

Crypto is like the internet in 1994 and blockchain will become used by the mainstream for everyday things. You can use blockchain to build businesses and I would encourage people to do so as there are clear advantages to blockchain driven platforms vs traditional centralized (a major one being incentivization of participation on the network) the tools to make it easier for everyone to participate are being built and will be arriving over the next few years.

The bubbles will pop, last minute speculators will get hurt and tears will flow... bear markets will arrive at some point... but the technology is gaining traction at a rate that will become unstoppable and there are so many ways to get involved not just as being an outside speculator... people are recruiting in this scene and the posibilities to make your own fastlanes in it are only growing... speaking from experience having done it myself. Anyway that's enough of that for now just couldn't help but jump in after seeing an old thread bumped and remembering my time here back in 2013 and how far things have come in Cryptocurrency over the past few years. Yes there are millionaires like myself that have been here for a while and there will be tons more to come as blockchain or decentralized ledger technologoy is still in it's infancy.

Today on this very forum you tend to see people talking about wanting to build online ventures... the online part isn't going anywhere only without knowing or not they will eventually switch to writing about online "blockchain" startups... sounds crazy right now but it's not far fetched... the moment gen 3s or whatever else get their network effect, everyday people (the people you know that played candycrush and posted jokes on facebook everyday) will end up participating on them.

There is a crypto project I founded and run and it's all about offering the tools for people to build their own decentralized products. It's an ongoing development and we have people from all over the world working on everything from the codebase to marketing, our community is in the thousands and we'll just keep building away and upping our value proposition no matter what the markets do.

Tl;dr Crypto has been my fastlane it could be yours too.


Awesome write up and appreciate all the insight. Which GEN 3 would you recommend to purchase now? STEEM?

Thanks
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

JohnBuffet

Contributor
User Power
Value/Post Ratio
59%
Feb 9, 2017
124
73
NJ
Attention, excessive use of the word meeelion and million to follow:

I'm a crypto multi meeelionaire to the point I could lose multi meeeeelions and would still be a multiple meeelionaire.

I also know a couple of others that I met here in 2013 and still communicate with them on a regular basis away from this forum, they are millionaires too.

Two projects I've founded in the cryptospace sometimes have combined marketcaps of over 100 meeeelion dollars and do multiple millions in trade volume on a daily basis (at the beginning of the year they were only in the 10 million zone if that)... I can confirm it feels good when you create something that explodes in value.

Now I have half my portfolio invested in what I believe to be gen 3 coins and I went in hard from the start. When I say hard I mean I have been pumping millions of $$ worth of ethereum and bitcoin into them because they far exceed what any of the former projects are capable of.

If you want to get seriously rich by pouring money (that you can lose) into cryptocurrencies it's best to do your research and invest ahead of the trends... you also get to feel smug about being in the smart money category :p

Btc and Ltc etc are gen one and have massive network effects plus they are currently perceived as being stores of value like gold and silver.

Ethereum is an example of a gen two blockchain platform offering smart contracts (so more usability than gen 1), you would of been happy investing a few k into this in 2014 / 2015 / 2016.

Gen 3's are getting established and I'd rather have millions in these because they will have blockchains that'll shame previous generations... a Kitty app just crashed the ethereum network for example... that's just going to make it seriously difficult for growth if one single app caused it to crash.

Gen 3 cryptos you can run massively demanding apps like an entire social media platform (which has already been proven in Steem btw) along side hundreds of thousands of other demanding applications from video streaming to internet on the blockchain <<< that is where we are heading and that is something you can potentially start being a part of way ahead of the rest of the market right now.

You can see the proof right here in terms of how far gen 1 and gen 2 are lagging behind. Instead of looking at marketcaps lets take a look at blockchain usage.

Block'tivity <<< You can use the following site to monitor in real time the number of transactions on the top projects and how much their transaction rate is bearing load on their maximum capacity. You can see that both Bitcoin and Ethereum are at max load and therefore can't take anymore use right now. This is not good for mass adoption because developers wanting to do normal things for normal users who don't want any friction are being encumbered. However, neither Bitcoin nor Ethereum have the most transaction demand on them and yet they are at max capacity. Something I mentioned earlier called Steem is number one in terms of tx demand per day. In fact if you look at that list you will notice that Steem and BTS (which is number 4) have combined transaction volume more than both Btc + Eth. The important thing to note is that inspite of the fact they have more transaction strain than the others they are only at a fraction of their max capacity... Whilst I'm not investing in them I believe they are precursers to the true gen 3 cryptocurrencies. They are by miles the best performing cryptos in that list (talking about performance as opposed to price)... BTS and Steem were both invented by the same guy who is in turn taking everything he learned and ramping that up to enable potential infinite scaling via multiple thread capacity... opening the doors for more or less anything to be built on blockchain with no friction... surely that is the future?

Crypto is like the internet in 1994 and blockchain will become used by the mainstream for everyday things. You can use blockchain to build businesses and I would encourage people to do so as there are clear advantages to blockchain driven platforms vs traditional centralized (a major one being incentivization of participation on the network) the tools to make it easier for everyone to participate are being built and will be arriving over the next few years.

The bubbles will pop, last minute speculators will get hurt and tears will flow... bear markets will arrive at some point... but the technology is gaining traction at a rate that will become unstoppable and there are so many ways to get involved not just as being an outside speculator... people are recruiting in this scene and the posibilities to make your own fastlanes in it are only growing... speaking from experience having done it myself. Anyway that's enough of that for now just couldn't help but jump in after seeing an old thread bumped and remembering my time here back in 2013 and how far things have come in Cryptocurrency over the past few years. Yes there are millionaires like myself that have been here for a while and there will be tons more to come as blockchain or decentralized ledger technologoy is still in it's infancy.

Today on this very forum you tend to see people talking about wanting to build online ventures... the online part isn't going anywhere only without knowing or not they will eventually switch to writing about online "blockchain" startups... sounds crazy right now but it's not far fetched... the moment gen 3s or whatever else get their network effect, everyday people (the people you know that played candycrush and posted jokes on facebook everyday) will end up participating on them.

There is a crypto project I founded and run and it's all about offering the tools for people to build their own decentralized products. It's an ongoing development and we have people from all over the world working on everything from the codebase to marketing, our community is in the thousands and we'll just keep building away and upping our value proposition no matter what the markets do.

Tl;dr Crypto has been my fastlane it could be yours too.

Cool post, thanks for the great info! The 3rd generation, or altcoins, or however you call them seem like a good place to invest.. However, how do we buy these coins? I know coinbase has bitcoin, eth, and litecoin but doesn't offer anything beyond that
 

ApparentHorizon

Platinum Contributor
Speedway Pass
User Power
Value/Post Ratio
301%
Apr 1, 2016
942
2,836
Greenville, SC
Damn now this is what I call an eyeopener, building uppon your post I found an interesting article about gen 2/3 coins:

Steem and other 3rd generation cryptocurrencies are better than bitcoin -- The New Economy Without Banksters — Steemit

See, all this time I have been thinking that there must be something more advanced and less limited than bitcoin because the chatter about it's limitations and saturation just won't stop, same thing with ETH (although more advanced it's also limited... A Kitty app, seriously?). This is it, you shed some light on this matter. Big thanks for the Block'tivity link too!

Enviado desde mi Mi Note 2 mediante Tapatalk

Steemit seems like one of those sites from the Bux days of social media. Where you were rewarded for exchanging profile views and bringing outside people to the platform. They all fell flat b/c they turned into spam machines.

And those comments just circlejerking each other...ugh :arghh:

edit: is that article written by you?
 

mThree2K

Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
77%
Mar 18, 2017
62
48
40
Málaga
Steemit seems like one of those sites from the Bux days of social media. Where you were rewarded for exchanging profile views and bringing outside people to the platform. They all fell flat b/c they turned into spam machines.

And those comments just circlejerking each other...ugh :arghh:

edit: is that article written by you?
Nope, found it by googling 2nd/3rd gen cryptocurrency etc.

Enviado desde mi Mi Note 2 mediante Tapatalk
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

bitcoins

New Contributor
User Power
Value/Post Ratio
100%
May 28, 2017
16
16
USA
Life is good, chillin' at the beach with my drinks ;) Getting more and more crypto each week, currently on building my own cryptocurrency thanks to Bitcoin's boom..
 

Elif

New Contributor
Jun 25, 2018
62
19
140% returns happening every day in the options trading market, in a much more stable environment.

I do like Bitcoin, but I think the way to play it isn't to daytrade it, it's to think of it as a long term speculation. I think it has a "chance" to become a real accepted currency, and that possibility is probably worth putting some play money into it and forgetting about it.
 

JohnBuffet

Contributor
User Power
Value/Post Ratio
59%
Feb 9, 2017
124
73
NJ
140% returns happening every day in the options trading market, in a much more stable environment.

I do like Bitcoin, but I think the way to play it isn't to daytrade it, it's to think of it as a long term speculation. I think it has a "chance" to become a real accepted currency, and that possibility is probably worth putting some play money into it and forgetting about it.

I have a good friend who does futures with bitcoin. He pretty much analyzes charts to make a prediction whether or not bitcoin will go up or down. He quit his job as a real estate agent to do this fill time, and he is making money. He keeps telling me to get involved with him, but I'm really skeptical about the crypto space. Anyone have any luck or opinions about the futures world in crypto/bitcoin ?
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Elif

New Contributor
Jun 25, 2018
62
19
I have a good friend who does futures with bitcoin. He pretty much analyzes charts to make a prediction whether or not bitcoin will go up or down. He quit his job as a real estate agent to do this fill time, and he is making money. He keeps telling me to get involved with him, but I'm really skeptical about the crypto space. Anyone have any luck or opinions about the futures world in crypto/bitcoin ?
University of Nicosia.

Bitcoin is an exceptional, viable concept but it has been hijacked in recent times by people who have barely any idea about its history, its purpose, and its promise — and don’t care.
 

Leo Hendrix

Bronze Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
61%
Apr 15, 2014
497
304
WWW
I've been following Bitcoin for a few months now and have just been able to get over missing out on taking a position in January when it was roughly 10 USD = 1 BTC. Now depending on the day, hour or latest news article the price can vary dramatically. I'm not involved with too many stocks, but it's rare that you see something valued as high at bitcoin is that's so volatile.

I'm not here to convince you to buy Bitcoin or believe that it's the future of currency. I think there's a long way to go there, but what I do see is an opportunity to make money quickly.

I took X,XXX and bought in at $64.00 a few days ago and now the price is hovering around $90.00 USD. That's like a 140% return in a few days that I'm exiting on and re-entering when it crashes again.

Anyone else doing the same?

Did you cash out a little at BTCs ATH? I missed my two chances of getting in cheap already so Im going for a different Crypto strategy now and I will buy some BTC later when I have decent cash reserves.
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top