I am not the most keen on this whole bitcoin, Crypto-Currency hype. I jumped in as well like many others only I was more hesitant to jump in with my whole life fortune. Most who made a killing were at the bottom of the barrel and obviously made a heep due to the multiplier effect. Is it a gamble, most certainly as the tech is the underlying truth to what it can and will be. I have heard from many people who have made several thousands from being an early adopter. The thing what many like myself missed was that its not the money factor but the tech and implications for such tech. Trust me this is not a new tech but what is even more possible now and possible going forward. I do a believe in the tech, yes and no. Yes in that it’s something to help advance things but, no in that things will change and something better will emerge, nothing is forever and there is always something better waiting. This was build and designed by man so things will surpass this tech as for now, it is a gamble which many will jump in on. The idea is to understand what it is. As a friend once put it these are applications with super powers. The notion is that these new applications are called coins. That whole play on words is what throws everything off. I will be here watching to see where it goes, yet another thing to get in the way of existing more distractions.

1-14-2016 PST11:25-
So it came to me while cooking that the whole idea behind digital currency is the fact that we the people are basically pay the way for which ever coin/tool we are supporting which then increases the value of said tool much like crowdfunding. I call it a tool per say as each coin seems to fall in a particular use or function and simply a way for the entity to receive your said funding. Pay attention as various merchant will arise to accept your method of payment which will end up being their tool/coin. Simply something else I was not paying attention to while now realizing this BlockChain/Bitcoin emergence.

There is still much I do not quite understand and I wont pretend to know much as there is simply too much to digest given the time we have. I was fortunate able to speak to a few people who have been involved for a bit and some that jumped in a few months prior to my delving into this mist of an adventure.

If you are reading this and plan to invest in a tool/coin research that said tool and what it will do in the blockchain methodology what is it’s function and how will it operate. In short what are you supporting or paying for. Remember the value goes up based on demand,need and adoption oh and lets not forget you, you being the buyer who may be investing current accepted currency in exchange for the blockchain used currency. I say pay attention to what comes next as that will be the deciding factor. As we venture into the future lets not forget the past.
Dot-com_bubble It happened and it can occur again. As many made it through that era you can do the same by being aware of what may come next.


1/14/2018-PST 5:45pm
I am in a quest to understand this blockchain and in so doing I have located some things for you the reader. Crypto currency thing.
This line right here from a post I read says more than I ever need to state.
“An initial coin offering is a way to raise money: A company creates its own cryptocurrency and investors buy into the new coin, without actually buying a stake in the company.Mr. Gardner led an I.C.O for his start-up Augar,creating an “Augar token” That he then sold to raise real world money. These tokens sold fasr, and it is one of the forces that kicked off this boom. for a time, the value of Augar, a market-forecasting start-up with few customers, exceeded $1 billion.
Taken from “nytimes.com
Remember this term I.C.O, this is very important to understand and know. An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.