How to Make Money with a Bitcoin Faucet in 2020

The ultimate guide to passive crypto earnings!

I've spent the last couple months figuring out a good strategy to generate some passive cryptocurrency without investing money before a big bull-run starts. As Bitcoin is still fairly low, but cryptos have been risen again in the last weeks, it's best to get in now. I don't have very much time, so I examinated the best-working websites with the littlest time investment and the highest result possible.

Disclaimer: This will be a long post and I'll tell you all the sites I use and how my strategy works. Use it as an inspiration and develop your own working strategy. Skip stuff that doesn't seem to be worth your time or websites you don't like. If you don't like to use a referral-link, just remove the last part of the link. Most websites will give you a bonus when signing up with a ref-link, though and I would appreciate it for the effort I put in this guide.

I assume you have some basic knowledge on cryptocurrencies, a wallet and accounts on Faucethub and Coinpot.

So, let's get started.

Step 1: Claim once a day from stacking up faucets

If you're familiar with faucets, you probably know the moon-faucets that pay directly to Coinpot. They keep stacking up until your next claim, so they are the best and highest-paying faucets if you want to keep your time claiming as little as possible. I suggest you use them at least once a day to accumulate the daily bonus that will really change your game. I do a quick claiming round once in the morning and once in the evening. If you have more time, they are also really worth being claimed more often. For the sake of completion I will include them here:

Moonbitcoin for Bitcoin
Moonlitecoin for Litecoin
Moonbitcoincash for Bitcoin Cash
Moondash for Dash
Moondogecoin for Dogecoin
Bitfun stacking up Bitcoin-faucet that pays instantly to Coinpot

Two new exact clones of the Moonfaucets that pay instantly to Faucethub with no minimum. They also have daily bonus:

Getcoin Bitcoin for Bitcoin
Getcoin Litecoin for Litecoin

And the last stacking up faucet for BTC: Yannik.biz

So yeah, try to claim them at least once a day to maintain your daily bonus. The bonus can really be a game changer on these ones. Claiming them all will take no more than 5-10 minutes every day.

Step 2: Receive daily interest on your faucet claims!

Send your Bitcoin to Freebitcoin and receive daily interest on your balance once you have more than 30000 Satoshis (shouldn't take too long if you put in some effort in the beginning). You can also use the website as a faucet once a hour. It is actually paying well. If you use my link to sign up a new account you will receive life-long +12,5% on your daily interest and +25% on all your claims. If you already have an account, just create a new one with this link and delete your old one as this ref-back-bonus will give you a decent boost on your earnings. Freebitcoin is one of the oldest and most trusted website in the crypto scene!

Step 3: Claim even more cryptos once you have some spare time

Highest-paying sites I found where you can claim every hour along with Freebitcoin are these:

Cointiply: very high paying and they also give you daily interest, but are tied to USD-rates, so you're better off withdrawing your satoshis to Freebitcoin once you reached minimum withdrawal as you would lose satoshis if BTC price continues to rise.

Freedogecoin: Same as Freebitcoin, but with less functions.

Bitsfree: New website with cool design where you can claim once a hour and withdraw to Faucethub at a fairly low amount. Pays pretty well.

Claimbits: Same script as Bitsfree, but pays a bit less and you have to solve three shortlinks once in a while to be able to claim. It's still worth participating in.

Remember: On every claim on these websites you have the chance to win a big amount of cash. So try to use them as often as possible. Unlike the stacking up faucets, with the exception of Cointiply, they don't have a daily bonus, so it's no problem if you ignore them for a while.

Bonusbitcoin: Claim a good amount of satoshis every 15 minutes. Instant payments to Coinpot again.

Click high-paying ads on AdBtc and Dogeads. Another good website for high-paying BTC-ads is Bits-Pays.

Use websites where you can do surveys and all kinds of stuff to earn money that also pay in cryptocurrency. The best website I found that is similar to Swagbucks and has the option to pay cryptos is probably Grindabuck.

Claim your daily bonus at Firefaucet, collect some Autoclaims during the week and run it during the happy hours on the weekend to get most of it. Instant payments to Faucethub.

Step 4: Use semi-passive methods with crypto farming games

There are some crypto games out there that have the ability to build you a decent chunk of passive income after a while. The sites require small tasks you do to earn crypto or credits which you can re-invest in stuff that will generate passive income for you. It takes some effort upfront, but once set up they will passively pay you with no additional effort.Here are my favorites:

Satoshi-Labs: Claim from a faucet every 5 minutes, do surveys and shortlinks and re-invest your earnings in buildings that will generate satoshis for you every hour.

Cryptomininggame: Play a simulated mining game and do missions to level up. As you level up, your earnings increase. This site has a high stacking up daily bonus and can be very profitable once you get to a high level.

Bits-Pays: Has several options to earn passive income. You can play their mining game or buy company shares that will give you dividends. It has a lot of attractive offers for advertisers and very high paying ads and daily bonus, too!

Bitcoinfun: This is a new website that works the exact same as satoshilabs. Once you're into satoshilabs you will also get Bitcoinfun. I see a lot of potential for this website.

Step 5: Fully passive methods

So yeah, let's come to the best part. There are options that require no effort at all! Let's go.

I've already written about sending my satoshis to Freebitcoin for daily interest, but what you can also do is sending some cryptos to Eobot. They are probably the only legit Cloudmining platform out there that has been paying since 2013. You can also claim some GHS there every 24 hours if you set Mining to GHS 5.0. first, which is cool. I like to send some of my altcoins like Doge and Bitcoin Cash to them and convert them in GHS to earn passive Satoshis.

You have probably heart it a thousand times on this sub, but you can also earn Bitcoin by using the two legit autosurfers that pay in Bitcoin by now. This is a fully passive method, just run them whenever you're online.

Getcashfree and Fastcashmining.
Another fully passive website planning to add crypto-payments soon is Radioearn.

Use browser extensions that will automatically generate money for you just for using them:

Presearch: This is probably the best search engine I've ever seen. After installing it will be opened every time you open a new tab. You can customize it, so you can choose from searching via Google, Amazon, Reddit, Wikipedia and much more without accessing the websites first. This is very comfortably and the best part about it: You earn Pre-Tokens for every search, which you can later exchange for BTC.

Surfe.be: A browser extension that shows you some Banners while surfing the web and pays you some money for it. You can disable it at any time and it isn't over-present at all when surfing (I barely notice the banners).

Claim every 24 hours from Mellowads and use it to advertise your ref-links. You can also promote your ref-links on AdBTC, Bits-Pays and DogeAds. Having referrals is another good way to generate some passive income.

Sign up for Mannabase. This is a cool project that aims to create some sort of crypto Universal Basic Income for everyone. After signing up you will need to verify your identity and once they accept you, you'll receive free Manna every week. You can then exchange Manna for BTC or USD. As they have a lot of pending approvals, expect it to take 1-2 months before they accept you.

Conclusion

So yeah, that's basically my main sources and my strategy and I treat it as some sort of site-business. If I am lazy, I spend no more than 10-15 minutes a day to claim the stacking up faucets and daily bonuses on websites and receive my daily interest, payments from Eobot, crypto games and browser extensions anyway. It's really cool to watch your balances, bonus and interest grow over time and who knows? 1$ in Crypto could be 30$ of Crypto in the future. Use this guide as an inspiration to develop your own strategy of acquiring as many Cryptos for free as you can. For me these websites work the best. And I tested a lot of websites.

Additional tips: Use different passwords on the websites and write them all down. It can be a hassle memorizing several passwords. Also create a separate e-mail-address for all the crypto websites. To make it easier handling all the websites, group them in a document e.q. all 1 hour faucets, all stacking up faucets and add links, so you can quickly access them when you want to use this particular group of websites. Be patient at first, your earnings will increase over time.

Feel free to ask me anything, have fun and happy claiming! :)
submitted by kryptanthrax to beermoneyglobal [link] [comments]

List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
 
https://kryptocal.com | /kryptocal | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal
 

ADD AN EVENT

If you like an event to be added, click Submit Event, and we will do the rest.
 

NEXT DAY UPCOMING EVENTS

 
General
Bonus Payments December 31, 2019
SDK Public v4.0 Release December 31, 2019
SGN And LiBA Mainnet December 31, 2019
BlockStamp DNS December 31, 2019
Mainnet Launch December 31, 2019
TestNet Release December 31, 2019
Final Platform Release December 31, 2019
Virtual Machine December 31, 2019
Mainnet Launch December 31, 2019
WordPress Plugin December 31, 2019
Multi-Chain Paper December 31, 2019
Go-Lachesis Release December 31, 2019
Mainnet Launch December 31, 2019
Mainnet Launch December 31, 2019
Lockup Mechanism December 31, 2019
Token Burn December 31, 2019
KAT Disabling Starts December 31, 2019
Mainnet Launch December 31, 2019
MultiPass Resource Launch December 31, 2019
Mines of Falunia Release December 31, 2019
Full Platform Launch December 31, 2019
Bitcoin(BTC) New Category: Perishables December 31, 2019
NEM(XEM) Catapult Mainnet December 31, 2019
Stellar(XLM) Q4 Protocol Upgrade December 31, 2019
Verge(XVG) Hardfork / Halving December 31, 2019
Stratis(STRAT) Proof-of-Stake Sidechains December 31, 2019
Stratis(STRAT) Stratis Core 2.0 Release December 31, 2019
Stratis(STRAT) Stratis Payment Gateway December 31, 2019
Stratis(STRAT) Java + JavaScript Support December 31, 2019
Ardor(ARDR) Pruning & Snapshots December 31, 2019
Waves(WAVES) IDE & Testing December 31, 2019
Dent(DENT) DENT eSIM (embedded SIM) December 31, 2019
PIVX(PIVX) AbraGlobal International December 31, 2019
Power Ledger(POWR) Fremantle Trial Ends December 31, 2019
Enigma(ENG) Networked Testnet Deployment December 31, 2019
TenX(PAY) TenX Cards EEA Launch December 31, 2019
Vertcoin(VTC) Quarterly Update December 31, 2019
iExec RLC(RLC) IExec V4 - HPC Computing December 31, 2019
WaBi(WABI) Expand to 500 Cities December 31, 2019
WaBi(WABI) Offline Marketing December 31, 2019
WaBi(WABI) Dual Frequency Chip December 31, 2019
WaBi(WABI) Labels w/ Metal Shielding December 31, 2019
WaBi(WABI) Expands to 250 Cities December 31, 2019
WaBi(WABI) Enhanced Marketing December 31, 2019
WaBi(WABI) AI Product Recommendation December 31, 2019
WaBi(WABI) Automatic Labeling December 31, 2019
WaBi(WABI) Payment Integration December 31, 2019
Nuls(NULS) 2.0 Mainnet Launch December 31, 2019
Genesis Vision(GVT) Q4 Token Burn December 31, 2019
Genesis Vision(GVT) Genesis Vision 2.0 December 31, 2019
Aeron(ARN) CBM Discount Card December 31, 2019
Aeron(ARN) Owner & Pilot Module December 31, 2019
Aeron(ARN) Flight Excursions December 31, 2019
VIBE(VIBE) Beta p2p File Sharing December 31, 2019
VIBE(VIBE) VIBEHub VR Headset December 31, 2019
VIBE(VIBE) Update VIBEHub SDK December 31, 2019
LIFE(LIFE) LIFEPaaS® Release December 31, 2019
Stox(STX) Annual Blockstack Summit December 31, 2019
Stox(STX) Smart Contract Language December 31, 2019
Stox(STX) Blockstack Authenticator December 31, 2019
KickCoin(KICK) KICKEX Exchange December 31, 2019
LUXCoin(LUX) LUX Web3 Interface December 31, 2019
LUXCoin(LUX) Address Visualizer December 31, 2019
LUXCoin(LUX) Zero Knowledge Proofs December 31, 2019
Hubii Network(HBT) Nahmii Public Exchange December 31, 2019
Nebulas(NAS) New Mainnet Release December 31, 2019
High Performance Blockchain(HPB) V2.0 Launch December 31, 2019
IOStoken(IOST) Network Optimization December 31, 2019
Theta Token(THETA) Expand Theta Content December 31, 2019
Elastos(ELA) Trinity Browser Release December 31, 2019
WePower(WPR) PPA Portfolio Tools December 31, 2019
DADI(DADI) DADI Queue Network-ready December 31, 2019
Pundi X [NEW](NPXS) Testnet Release December 31, 2019
Wancoin(WAN) PoS Mainnet Release December 31, 2019
Wancoin(WAN) New ERC20 Integrations December 31, 2019
Wancoin(WAN) Wanchain 4.0 Release December 31, 2019
Helbiz(HBZ) Car Sharing Infrastructure December 31, 2019
IoTeX(IOTX) Decentralized Governance December 31, 2019
Phantasma(SOUL) Phantasma Storage December 31, 2019
Phantasma(SOUL) Phantasma Storage December 31, 2019
QuarkChain(QKC) Token Testnet Release December 31, 2019
Bankera(BNK) Investment Solutions December 31, 2019 [Possible Date]
The Abyss(ABYSS) Atomic Heart Beta Release December 31, 2019
GoChain(GO) Payment Solutions December 31, 2019
0chain(ZCN) Decentralized Exchange December 31, 2019
Mainframe(MFT) Voltaire Beta 1 Release December 31, 2019
OneLedger(OLT) Mainnet Release December 31, 2019
Aegeus(AEG) AEG Network Integration December 31, 2019
Mass Vehicle Ledger(MVL) MVL, Participating in R&D December 31, 2019
aXpire(AXPR) MatchBX V1.0 December 31, 2019
YGGDRASH(YEED) Token Swap December 31, 2019
YGGDRASH(YEED) Fiat Currency Chain December 31, 2019
CoinMarketSuite January 1, 2020
ZenCash(ZEN) Faucet Bonus Day January 1, 2020
Rawcoin(XRC) Special Grace Period January 1, 2020
Auxilium(AUX) AUX Interest Distribution January 1, 2020
 
Software/Platforms
New App Funnel December 31, 2019
Hardware Wallets Support December 31, 2019
First dApps December 31, 2019
Stratis(STRAT) Breeze Privacy Protocol December 31, 2019
Stratis(STRAT) Stratis Mobile Wallet December 31, 2019
Ardor(ARDR) Wallet Prototype December 31, 2019
WaBi(WABI) New Consumer Scanning App D
 
There are more events but this message got too long
submitted by cryptocalbot to kryptocal [link] [comments]

List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
 
https://kryptocal.com | /kryptocal | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal
 

ADD AN EVENT

If you like an event to be added, click Submit Event, and we will do the rest.
 

NEXT DAY UPCOMING EVENTS

 
General
Bonus Payments December 31, 2019
SDK Public v4.0 Release December 31, 2019
SGN And LiBA Mainnet December 31, 2019
BlockStamp DNS December 31, 2019
Mainnet Launch December 31, 2019
TestNet Release December 31, 2019
Final Platform Release December 31, 2019
Virtual Machine December 31, 2019
Mainnet Launch December 31, 2019
WordPress Plugin December 31, 2019
Multi-Chain Paper December 31, 2019
Go-Lachesis Release December 31, 2019
Mainnet Launch December 31, 2019
Mainnet Launch December 31, 2019
Lockup Mechanism December 31, 2019
Token Burn December 31, 2019
KAT Disabling Starts December 31, 2019
Mainnet Launch December 31, 2019
MultiPass Resource Launch December 31, 2019
Mines of Falunia Release December 31, 2019
Full Platform Launch December 31, 2019
Bitcoin(BTC) New Category: Perishables December 31, 2019
NEM(XEM) Catapult Mainnet December 31, 2019
Stellar(XLM) Q4 Protocol Upgrade December 31, 2019
Verge(XVG) Hardfork / Halving December 31, 2019
Stratis(STRAT) Proof-of-Stake Sidechains December 31, 2019
Stratis(STRAT) Stratis Core 2.0 Release December 31, 2019
Stratis(STRAT) Stratis Payment Gateway December 31, 2019
Stratis(STRAT) Java + JavaScript Support December 31, 2019
Ardor(ARDR) Pruning & Snapshots December 31, 2019
Waves(WAVES) IDE & Testing December 31, 2019
Dent(DENT) DENT eSIM (embedded SIM) December 31, 2019
PIVX(PIVX) AbraGlobal International December 31, 2019
Power Ledger(POWR) Fremantle Trial Ends December 31, 2019
Enigma(ENG) Networked Testnet Deployment December 31, 2019
TenX(PAY) TenX Cards EEA Launch December 31, 2019
Vertcoin(VTC) Quarterly Update December 31, 2019
iExec RLC(RLC) IExec V4 - HPC Computing December 31, 2019
WaBi(WABI) Expand to 500 Cities December 31, 2019
WaBi(WABI) Offline Marketing December 31, 2019
WaBi(WABI) Dual Frequency Chip December 31, 2019
WaBi(WABI) Labels w/ Metal Shielding December 31, 2019
WaBi(WABI) Expands to 250 Cities December 31, 2019
WaBi(WABI) Enhanced Marketing December 31, 2019
WaBi(WABI) AI Product Recommendation December 31, 2019
WaBi(WABI) Automatic Labeling December 31, 2019
WaBi(WABI) Payment Integration December 31, 2019
Nuls(NULS) 2.0 Mainnet Launch December 31, 2019
Genesis Vision(GVT) Q4 Token Burn December 31, 2019
Genesis Vision(GVT) Genesis Vision 2.0 December 31, 2019
Aeron(ARN) CBM Discount Card December 31, 2019
Aeron(ARN) Owner & Pilot Module December 31, 2019
Aeron(ARN) Flight Excursions December 31, 2019
VIBE(VIBE) Beta p2p File Sharing December 31, 2019
VIBE(VIBE) VIBEHub VR Headset December 31, 2019
VIBE(VIBE) Update VIBEHub SDK December 31, 2019
LIFE(LIFE) LIFEPaaS® Release December 31, 2019
Stox(STX) Annual Blockstack Summit December 31, 2019
Stox(STX) Smart Contract Language December 31, 2019
Stox(STX) Blockstack Authenticator December 31, 2019
KickCoin(KICK) KICKEX Exchange December 31, 2019
LUXCoin(LUX) LUX Web3 Interface December 31, 2019
LUXCoin(LUX) Address Visualizer December 31, 2019
LUXCoin(LUX) Zero Knowledge Proofs December 31, 2019
Hubii Network(HBT) Nahmii Public Exchange December 31, 2019
Nebulas(NAS) New Mainnet Release December 31, 2019
High Performance Blockchain(HPB) V2.0 Launch December 31, 2019
IOStoken(IOST) Network Optimization December 31, 2019
Theta Token(THETA) Expand Theta Content December 31, 2019
Elastos(ELA) Trinity Browser Release December 31, 2019
WePower(WPR) PPA Portfolio Tools December 31, 2019
DADI(DADI) DADI Queue Network-ready December 31, 2019
Pundi X [NEW](NPXS) Testnet Release December 31, 2019
Wancoin(WAN) PoS Mainnet Release December 31, 2019
Wancoin(WAN) New ERC20 Integrations December 31, 2019
Wancoin(WAN) Wanchain 4.0 Release December 31, 2019
Helbiz(HBZ) Car Sharing Infrastructure December 31, 2019
IoTeX(IOTX) Decentralized Governance December 31, 2019
Phantasma(SOUL) Phantasma Storage December 31, 2019
Phantasma(SOUL) Phantasma Storage December 31, 2019
QuarkChain(QKC) Token Testnet Release December 31, 2019
Bankera(BNK) Investment Solutions December 31, 2019 [Possible Date]
The Abyss(ABYSS) Atomic Heart Beta Release December 31, 2019
GoChain(GO) Payment Solutions December 31, 2019
0chain(ZCN) Decentralized Exchange December 31, 2019
Mainframe(MFT) Voltaire Beta 1 Release December 31, 2019
OneLedger(OLT) Mainnet Release December 31, 2019
Aegeus(AEG) AEG Network Integration December 31, 2019
Mass Vehicle Ledger(MVL) MVL, Participating in R&D December 31, 2019
aXpire(AXPR) MatchBX V1.0 December 31, 2019
YGGDRASH(YEED) Token Swap December 31, 2019
YGGDRASH(YEED) Fiat Currency Chain December 31, 2019
CoinMarketSuite January 1, 2020
ZenCash(ZEN) Faucet Bonus Day January 1, 2020
Rawcoin(XRC) Special Grace Period January 1, 2020
Auxilium(AUX) AUX Interest Distribution January 1, 2020
 
Software/Platforms
New App Funnel December 31, 2019
Hardware Wallets Support December 31, 2019
First dApps December 31, 2019
Stratis(STRAT) Breeze Privacy Protocol December 31, 2019
Stratis(STRAT) Stratis Mobile Wallet December 31, 2019
Ardor(ARDR) Wallet Prototype December 31, 2019
WaBi(WABI) New Consumer Scanning App D
 
There are more events but this message got too long
submitted by cryptocalbot to CryptoMarkets [link] [comments]

Launching CryptoKittyShop.com - get totally free CryptoKitties

January 7 Update: It's been a great launch weekend, and we've successfully transferred 9 Kitties to new homes.
Today we've made a few changes to improve the site and reduce fraudulent collection of Kitty Points. This includes introducing a claim form which appears when you've been on a page for 2 minutes, and will reward users with 20 Kitty Points. We've removed the 10 points per minute reward, but have added a 5 point reward for each video watched on our site in full. This means that in theory, you can collect 25 points every 2 minutes (it was previously only 20).
You can also now be rewarded for rewatching videos that you've already watched. Unfortunately, this feature has been abused, so we have temporarily disabled it whilst we work on alternatives.
Many thanks to our users who have suggested these (and other) changes! Our roadmap is developing, so we'll add more features soon.
Original Post below
Hi all,
A few weeks ago, we posted on here asking for feedback (through a survey) about an idea that we had to do with enabling people to get totally free Crypto Kitties. Feedback was very positive, and lots of people seemed enthused at the prospect of getting totally free Crypto Kitties. Their ideas have helped shape the site into what it is today, however, there are many more ideas in the pipeline.
We're very happy to announce that we have - of today - launched the site! You can register now at https://cryptokittyshop.com, and just by watching YouTube videos on our site, get rewarded with KittyPoints that you can then redeem for free CryptoKitties via our Kitty Shop https://cryptokittyshop.com/shop (which only accepts KittyPoints.
How do we offer FREE Kitties?
Users who visit our site allow us to run a script in the background that utilises some of their computer power to mine Monero (which is a cryptocurrency that is optimised for CPU mining, rather than the specialist mining hardware used for the majority of Bitcoin and Ethereum mining). We plan to use this mined currency to keep the site going with new Kitties, as well as covering the costs associated with transferring (through gifting) the Kitties purchased with KittyPoints on our site.
Why should we trust you not to install bad stuff on our site?
We are fans of CryptoKitties, Ethereum and the wider blockchain community, and do not want to negatively impact upon any of these communities by not delivering a good service. We're fortunate enough to have been involved in Crypto for long enough to remember the good old days when you could get enough of a decent coin/token in Faucets where you had to look at adverts for ages in order to be rewarded with a small amount of a token/coin. In actual fact, these faucets led to us learning more about blockchain technology and helped us invest in some coins/tokens. So it's a belief that if everyone can get access to something, they will learn more about it, add to the community and everyone wins!
In regards to installing 'bad stuff', our script runs in the background of the site, and does not require a download, and will only work on our site (other sites are increasingly using this method, and many aren't upfront about it). We will do our best to ensure that the script is safe and secure to use (without it we can't keep the site running!).
Are you just offering bad kitties that no-one wants?
We offer a range of Kitties (there are currently 18 available, with more to come) which you can see on our site's shop (also verifiable on CryptoKitties' site here. As you can see, there is a wide range of Kitties available, including some with rare traits, and a Fancy cat. More are coming soon!
How does it work?
When you register an account, you can follow the links on our site to "Get Free Kitty Points", where you can watch various YouTube videos (currently there are movie trailers, music videos, fail videos and gaming videos, but more are coming soon). For each full minute of the video that you watch, you are rewarded with 10 Kitty Points (edit - see 7 Jan update above). Each Kitty in our shop has a Kitty Point value attached to it and can only be purchased once by one user. When you have reached the appropriate balance in Kitty Points to purchase the Kitty that you want, you can complete the checkout procedure on the site (you will need a CryptoKitty account, which you can set up for free by installing Metamask and following the instructions on https://www.cryptokitties.co/faq. Once we have received the order confirmation, no one else can order that Kitty, and we will manually transfer it to your account by gifting it on CryptoKitties.co. As this is a manual process, it won't be instantaneous, however, we will endeavour to get it done in less than 24 hours, although the transfer may be held up by network congestion. As part of this procedure, we will manually check that the requester has not blocked our script, as if this is the case we will cancel the sale, but we hope that this won't be necessary!
If you have any questions, comments or suggestions, please feel free to pop them here, and we will endeavour to answer them. As we said earlier, there are further plans in store and more helpful content about the site that will be added in the days and weeks to come, so feedback (good or bad) will be greatly appreciated.
Feel free to sign up and have a look around!
https://cryptokittyshop.com
 
submitted by cryptokittyshopcom to CryptoKitties [link] [comments]

Coin-a-Year: Nyancoin

Hello cryptocurrency lovers! Welcome to Coin-a-Year, the laziest series yet in the Coin-a-Day publishing empire. This year's coin is Nyancoin (NYAN). I originally covered Nyancoin in an article here in /cryptocurrency published January 4th, 2015.
Without (much) further ado, I'm going to include the original report next, unmodified. This is unlike my Coin-a-Week series, where I use strikeout and update in-text. Because this is going to be a longer update, I'll just make all further comments and updates below, just realize that all information below is as of January 4th, 2015 and thus is more than a year out of date as of posting now, at the end of February 2016.
Since I use horizontal rules as internal dividers in the original post, I'll use a double horizontal rule to divide the original text from this prelude and the following update.
Coin-a-Day Jan 4th
Welcome to the fourth installment of Coin-a-Day! To see convenient links to the introduction and the previous entries, please see /coinaday. Today's coin is Nyancoin (NYAN).
Summary
• ~173.6 million available currently [1]; 337 million limit [2]
• All-time high: ~0.000024 BTC on February 16, 2014 [1]
• Current price: ~3 satoshi [1]
• Current market cap: ~$1,275 [1]
• Block rate (average): 1 minute [1] [3]
• Transaction rate: ~25? / last 24 hours; estimated $3-4 [4]
• Transaction limit: 70 / second [5]
• Transaction cost: 0 for most transactions [6]
• Rich list: ??? [7]
• Exchanges: Cryptsy [8]
• Processing method: Mining [10]
• Distribution method: proof-of-work block rewards and 1% premine for "bounties, giveaways & dev support" [2] [10]
• Community: Comatose [9]
• Code/development: https://github.com/nyancoin-release/nyancoin ; there hasn't been a released code change in 10 months. The new developer has talked about some changes, but has not made a new release. He has given advice about how to keep the network running and operate the client. [10]
• Innovation or special feature: First officially licensed cryptocurrency (from Nyancat) [2]; "zombie"-coin [11]
Description / Community:
So you're probably wondering why in the world we're talking about a coin which has been declared dead and already written off. I actually first selected this coin to illustrate a "deadcoin", but the more I dug into it, the more I was amazed at the shambles I discovered. I am combining the description and community sections for this coin, because the community (or lack thereof) is the central issue for Nyancoin.
Substantially all, if not literally all, of the original infrastructure is gone. From the announcement post, the original website has expired. The nyan.cat site itself survives, but has no reference to the coin. The github repo remains, but then there was never much changed from the bitcoin/litecoin original. In fact, the COPYING file doesn't even list "Nyancoin Developers". None of the original nodes seem to be running anymore. @Nyan_Coin hasn't tweeted since July 6th. And that was just to announce posting an admittedly cute picture to facebook which makes a claim for a future which seems never to have developed. Of the original 15 pools, I think all are dead except p2pool, for which at least one node still supports NYAN. The original blockchain explorer, nyancha.in, is still running. The faucet is dead or broken. The original exchanges no longer list it (two of the three having died; SwissCEX having ended its trading as of the first of this year). And so forth.
And yet:

I'm not dead! I'm getting better!

No you're not, you'll be stone dead in a moment.
[Of course, that scene finishes with knocking out the "recovering" patient so he can be taken away...not to mention the absurdity of including Monty Python in a financial article, but moving right along.]
There is still just enough left to Nyancoin to keep it twitching, even if it is on life-support. Whether it's an individual node or whether it's a pool, there are blocks being produced at a steady rate as intended. Transactions are being processed. There is still a market. There is still a block explorer. And there is a dev. It is like a case study in the absolute minimum necessary to keep a coin alive. The most likely outcome is almost certainly a final collapse when one critical piece or another of the infrastructure goes away. And yet in the meantime, a person can own a million NYAN for $8 [12], and then move this coin quickly and easy, albeit with no particular external demand. It's like the world's most hyped testnet.
I think this case presents an interesting example of what happens to an altcoin when its initial support dries up. NYAN coin is more fortunate than some, actually, as there are some where there are no longer any nodes running it nor the original announcement thread (in fact, there was actually a second Nyancoin launched around the same time. But it died hard and its original announcement thread was deleted and at this point I would have no idea how to access it; so "Nyancoin" thus illustrates how hard a coin can die (Nyancoin 2) as well as how it can hang around despite being proclaimed dead, with far more justification behind that pronouncement than there has been for bitcoin (NYAN) ).
Footnotes
[1] http://coinmarketcap.com/currencies/nyancoin/
[2] https://bitcointalk.org/index.php?topic=402085.0 Regarding the premine, it's unclear to me where this money is now, since the original poster hasn't been active on BCT since May and the original site is down. However, given that it's only 1%, and about $25 in value right now, there seem to be more significant concerns for NYAN.
[3] http://nyancha.in/chain/Nyancoin - Nyan blockchain explorer; blocks are somewhat inconsistent but somewhere around the 1 minute average
[4] There doesn't seem to be anything automatically doing these stats, so I did visual inspection on about 1500 blocks (about one day) excluding the block generation reward (~250k/day). Most blocks are otherwise empty. I counted about 24 transactions or so scrolling through, with an outlier around 300k NYAN and another around 100k NYAN. In total, about 500k NYAN, excluding the block rewards. This is very approximately $3-4.
[5] Nyancoin is a basically unmodified, slightly out-of-date bitcoin as far as code goes, and ignoring the change in block rate and total coin supply, as well as the difficulty retarget after every block. So for purposes of estimating maximum possible transaction throughput, I start with bitcoin's estimated 7 transactions per second, and multiply by 10 for having a block on average every minute rather than every 10 minutes. In any event, this limit is not likely to be reached in the foreseeable future.
[6] Like bitcoin, transaction fees appear to be optional in Nyancoin. Unlike bitcoin, there is almost no transaction volume, and coins tend to sit for a relatively long time before being moved. So zero-fee transactions appear to be the norm from looking at a couple transactions on the block explorer.
[7] I couldn't find one. See the disclosure section of this article: your humble correspondent is likely represented in some way on a top 100 if one were to be made or if one exists, despite not holding it directly, depending on how the exchange holds it.
[8] I could not find any other exchanges still listing Nyancoin. SwissCex appears to have disabled it as of a couple days ago. Cryptsy has a notice that the NYAN/BTC market will be closing, but its NYAN/LTC market appears strong.
[9] Essentially all of the original sites, pools, faucets, etc. are dead and there has been very little to replace it. There is basically a single node, or perhaps a very few, which are running the blockchain. However, there is a developer still trying to hold things together, maxvall_dev, maxvall on BCT. He is the last hope for the NYAN.
[10] https://bitcointalk.org/index.php?topic=597877.0 This is the thread where maxvall took over as dev, and it also discusses switching to PoS, which hasn't happened as far as I know.
[11] "zombie"-coin: Not to be confused with ZMB (my god, does it ever end?). This is my term to describe a coin which is "undead": by rights it should be dead. And yet it's still walking around and acting like it's alive. What is it? What's going on? It's quite debatable whether this gives it any special value, but I find it an interesting state, and it's why this was chosen for early coverage. There are plenty of actually popular and successful coins, and we will go onto covering more normal selections; we're looking for variety rather than repetition. But I think this is an interesting example for what can go wrong, and yet in the midst of that, how little it takes for a coin to survive. In fact, it's almost like an alternate history bitcoin to me; this shows the concept that "it was run on one computer before; it can be run on one computer again" to some extent. And there are even some strange pragmatic benefits as well, like having no competition for getting a transaction into a block and thus zero transaction fees.
[12] And, in fact, the author chose to do so today, spending about 0.03 BTC for about 1 million NYAN.
Additional Reading
/nyancoins - Like NYAN: mostly dead, but not quite
http://nyan-coin.org/ - new official website
BCT thread listing nodes, xpool (p2pool), for mining information.
americanpegasus predicting in February that NYAN will hit $1; always an entertaining read
Giveaway
Instead of a challenge today, since NYAN has enough challenges, I decided I would give away 10,000 NYAN to at least the first ten people who ask for it. This still remains at my discretion, but honestly, if you really want, say, 50,000 NYAN and create four new accounts to do so, I'll probably be too amused to say no. I don't expect to get ten requests. If I get more, I'll probably still fulfill them, but as with everything else, this is left to my whim.
Donations and Disclosure
Okay, this is an important one today because of the tiny market here. I actually hold less USD value in NYAN than in BTC, DOGE, and PPC (although my value in PPC might be about equivalent actually), but I hold more of the total market in NYAN than any of those three. And I'll probably be buying more. So I have a conflict of interest in writing this article.
I am not providing financial advice and I do not make any recommendations of any sort on any matters. Make your own decisions; do your own research. Please, I do not want to hear about anyone doing anything "on my advice." I am not offering advice.
I personally hold just over 1 million NYAN on Cryptsy right now.
Perhaps it would be better if I didn't write any articles about anything I were invested inspeculating on, but I started this series for my own education to further my speculation, so unfortunately, dear reader, your needs come second to my own. tanstaafl; you get what you pay for, and I'm giving you my thoughts.
If by some strange quirk of fate you actually own NYAN and enjoyed this article and wished to donate some to me, K7Ho9HghBF6xWwS6JsepE6RAEPyAXbsQCV is mine (first non-empty account I've posted; transferred 1000 NYAN into here earlier from Cryptsy to test that the network and my wallet were actually working).
Thank you all for reading and commenting! I've already learned a lot from this process and I look forward to more!
Upcoming coins:
• January 5th: Nxt
• January 6th: Darkcoin
• January 7th: Namecoin
I'll use alphabetic labeling for footnotes in the updates to avoid any confusion with the footnotes in the original. For simplicity, unchanged items, like the 337 million limit and the 1 minute will not be mentioned, and we'll start with the summary changes.
Updates:
Summary
  • ~263.7 million NYAN currently exist [a]
  • Current price: ~7 satoshi [b]
  • Current market cap: ~$8,000 [c]
  • Transaction rate: ~185 / last 24 hours; ~3,300,000 NYAN (~$100) [d]
  • Exchanges: Cryptopia [e]
  • Community: We're not quite dead yet; in fact, I think we're getting better! [f]
  • Code/Development: I have an early draft of NYAN2, but I'm about six months past my initial goal for having it available to use. Life/work/lack of build machine/procrastination. NYAN2 will be a rebase onto a modern LTC codebase which will soft fork to fix a current vulnerability to a fork bug. For now, the network still runs on the same code that it did when I wrote the first article.
Discussion
I'm going to consider the community first, since I pointed it out as the weakness and central topic in the last one, then talk about the technical situation briefly, and then review the financial results.
The community has been excellent, if I do say so myself. We've got working infrastructure going thanks to the contributions of many Nekonauts (see [f]). Some original Nekonauts have returned or at least popped in from time to time, and new ones like myself have found Nyancoin (I would say given what I wrote in the original, I was still a skeptic of it at that point. Not that skeptics can't be Nekonauts, but I think I'd put my conversion to the cult of nyan shortly after writing that, even though I was already a nillionaire then for the heck of it.)
While I do look forward to seeing the community continue to grow in future years and consider that important, I don't think the community is our weakest point any longer; I think it's now our strongest point. I've tried to encourage the community's revival as best I could, including giving away tens of nillions in total, and lots of long rambling articles on my views on ethics and philosophy and frankly it's worked better than I would've really expected (or at least it has coincided with an effective recovery of the community). The community also helped me through at least a couple hard times personally in there as well.
The technical situation in Nyancoin is mostly unchanged but slightly improved, although with two additional known vulnerabilities. It's unchanged in that it's the same client. It's improved in that we have an active nyanchain explorer host (nyan.space), and we have a public draft of a plan for a soft forking security fix update in the near future (hopefully by the end of March (although I've slipped these deadlines before and may well miss March for release by a bit, I do think I'm inching closer now and then)).
The most serious vulnerability is to forking. This is the bug which hit Peercoin if I recall correctly. NYAN2 is intended to solve this through its soft fork from the LTC fix upstream (from the BTC fix upstream). In the meantime, we've been lucky we haven't been attacked. The tiny marketcap probably helps with not being a particularly attractive attack target. We're not exactly about to pay ransom to move faucet outputs. But that's no excuse; we want this fixed and should have it finally done "soon" (tm).
The less serious vulnerability is to a time warp attack in the difficulty function (Kimoto Gravity Well), which relates to general weaknesses it has and issues we've had with large gaps in the block chain because of spikes in the difficulty function causing it to be unprofitable and driving away most of the hash, and then low difficulty and price rise making it attractive to more hash, creating a spike and causing it again. While this is irritating, the chain still works, even if there are fits and starts at times. An important part of the reason I can get away with this is because there is at least one Nekonaut-supporting miner, CartmanSPC, who rescues us from time to time, and did so during the course of this article being written. We have a bunch of pools, but sometimes the hash just isn't there to get us unstuck when the difficulty goes high enough. Another part of the reason I consider it not an especially serious issue is because there's a workaround which works for me (classic bad developer logic): I use a large transaction fee (generally 337 NYAN, although I might have halved it after the most recent halving, I'll probably use 337 again) on my personal wallet by default. If necessary, I use a couple of them. It can make NYAN profitable to mine again despite the higher difficulty and "unstick" the chain. The difficulty function can go back down again in the next block if the gap has been long enough, so that can be enough to keep it going again for a while (although it can also get stuck again irritatingly fast at times). A fix for this will be putting in a better difficulty function for NYAN3, which will require a hard fork. This is tentatively scheduled for feature freeze around the middle of this year, coding to follow, activation sometime early 2017.
Financial has been our most disappointing performance. A graph of the 1 year performance right now on coinmarketcap looks pretty sad, showing our fall from a little over 60 satoshi down to around 7 satoshi now.
We rose too high, too fast, and I didn't stick with the safe high paying job like a sane person. Instead I hit the road, went to jail, and worked minimum wage. That doesn't sound like a sentence from a cryptocurrency financial review, does it? But the performance of NYAN since the article has been the story of my personal finances, which is the story of my life since then.
So, autobiographical coinaday interlude, trying to keep it generally to the most salient points. Well, in 2014 I had been on my way home to Minnesota from California when I was pulled over leaving Eureka, Nevada for speeding (got sloppy and went 45 approaching the 45 sign and thus technically still in the 35; bored cop seeing out-of-state plates). My vehicle reeked of weed, what with having been in Mendocino County previously with no intention of traveling out of the county much less state anytime soon but family emergency brought me back, and the end result was a citation for possession of cannabis and paraphernalia along with the speeding.
Fast forward to the beginning of 2015, I'm settled into a good software position and start looking more at cryptocurrency in my spare time. I write the coin-a-day series for a bit and then got annoyed and quit after a while when trying to do one a day on top of an actual job was too much for me (along with some annoyance over criticism; I can be rather thin-skinned at times). But I had gotten interested in Nyancoin, and started buying it up more and more with extra money I was making.
And then comes the crash. I had to stop putting as much in as I realized that where I was living and what I was working on wasn't going to work out for me and I needed to figure something else out. So, as I seem wont to do, I went on a roadtrip. I quit my job. And I went back for the court date for my citations and refused to pay, instead spending 10 days in jail rather than pay ~$1400 (I actually had the money in cash available to me if I chose to pay as a backup if I chickened out, but the judge annoyed me enough that I really preferred to be jailed instead of paying, as stupid as that sounds since I'm quite sure the judge didn't care in the least one way or another).
After that, I went back to roadtrip lifestyle for a while. It was a nice period. A lot of beautiful scenery; a lot of reading. Eventually, I busted up my car pretty badly...a couple times actually, the second time for good. Fast forwarding through the rest of the year, I worked a couple minimum wage jobs to pay bills and avoid cubicle life and kill some time until I figured out what I was going to do next. Just recently I quit as delivery boy after getting a speeding ticket (I swear, I'm not as horrible of a driver as this makes me sounds, although I have had a bad tendency to speed in the past, which I really have curbed to almost nothing; but I'm clearly not good enough) and am currently writing a Coin-a-Year article with a friend's incentive and applying to do documentation and development with the Nu project.
Okay, so what did any of that have to do with NYAN? Well, it's the mess of a life that has led to the fall of the price from 60 satoshi to 7 satoshi. If instead my life history for the time since the article had been simply "I was happily employed writing software", then I don't believe we would have dropped below 20 satoshi. It's easy to see in hindsight. If anyone can lend me a time machine, I'm sure I can get some condensed instructions which should improve performance significantly. Otherwise, just going to have more chalked up for the "character building" tally.
So, lessons learned if you are the major buy support for your coin: you need long-term reserves. Whatever you put in bids can be taken out in a moment by a dump for no apparent reason. This is particularly true if you may be quitting your cushy, high-paying job and wandering around without income for an extended period of time. Rather obvious, but hey, maybe someone else can learn from my mistakes. If I'd been bidding as cautiously as I am now from the beginning, I think the price would probably be somewhere from 10-20 satoshi now instead of around 7 satoshi.
It's especially unfortunate given that I wanted to be able to demonstrate the more consistent growth possible building a stable store of value, as opposed to the pump and dumps common in altcoins. And instead we had a pump-and-dump looking graph ourselves after I bid up higher than I was able to sustain, and a large (10+ nillion) instadump crashed the market all the way back down to 1 satoshi momentarily. We've had a few large (2+ nillion) dumps since, but nothing that large. We haven't generally had that large of bids though either.
It's hard to know when I've exhausted the supply at a price level, when it sometimes waits for a couple weeks or even more and then fills all the bids at once. But I want to maximize the minimum price paid because I think that's important for building confidence in a store of value long-term, which is one of my core goals for NYAN.
At the same time, we're still up from the lowest parts of the floor and where I found it. Since I own about 30% [g], the very cheapest supply has been taken off the market. I plan to keep on buying up "cheap NYAN" as much as I can. I've bought up to 60 satoshi before, I'll probably buy up that high this time around. I've got a token 100,000 NYAN ask at 300 satoshi; I hope never to sell lower.
Conclusions
Now I try to wrap it all together as if I saw this all coming and am the wise expert, despite having had about 90% drop in price in the last year after bidding too high. My original concept was taking the "minimum viable coin" and reviving it to a powerhouse as a textbook example in how to do it.
Part of my core concept in this is the arbitrariness of value: throughout history, humans have chosen any number of things as a store of value for the time: salt, large rocks, certain metals, disks, marked sticks, and so forth. While there has generally been a certain logic in the choice, in that there is a locally restricted supply in one way or another, and so forth, from the perspective of other centuries or cultures the choices can seem quite strange. Growing up, I was always struck by how strange the notion of salt being limited and valuable seemed in a world where people were trying to reduce intake and large amounts could be bought for trivial sums. And yet, a key nutrient necessary for life fundamentally makes more sense as being valuable than notched sticks or printed paper or a piece of plastic with some encoded information.
Humans have perpetually come up with stranger and stranger ways of storing and transferring value. Each new step, as always, comes with its own disadvantages and, frankly, has generally appeared nonsensical at best and fraudulent at worst to the status quo. Which doesn't mean that each new attempt is valuable. The gold bugs always like to point out that every fiat currency ultimately returns to its true value of zero. And the skeptics of cryptocurrency argue that all cryptocurrencies will eventually return to their true value of zero.
It's certainly possible. And it's possible the USD will hyperinflate someday. I tend to try the moderate view for a plausible guess of the future. By that type of logic, I would guess that over the course of decades, USD will in general lose value, and cryptocurrency will tend to slowly gain value. That might not seem the moderate view, but USD not losing value over decades would be truly shocking. And hyperinflation has been predicted since the USD went off the gold standard, or before. So some amount of inflation less than hyperinflation seems like the safe guess (but then, the Titanic arriving would also have seemed like the safe guess to me). And with cryptocurrency, I think it's clear by now the technology will continue to survive. So my first question is with what overall value as a market? It could go down, of course, but that seems unlikely in an already small, young market. Even if all the current crop die off and are replaced, whatever cryptocurrencies are around should be able to do better than a handful of billion in market cap in my view.
I believe that cryptocurrency has a bright future ahead of it. The best coins should ultimately survive and thrive. But I've been wrong on most of my major calls so far, like for instance when I thought BTC was over-priced around $5-$10.
I think Nyancoin can have an important role to play in the future of cryptocurrency in the years and decades to come, but it's a massively speculative long-shot. See also Nyancoin risks document. But like Linus Torvalds' autobiography, I try to keep "Just for Fun" as a core motto and principle. It's makes for a good hobby project because there will always be more to work on, with a core community motto of
TO INFINITY AND BEYOND!
Disclaimers / Sponsorship:
As I said before:
I am not providing financial advice and I do not make any recommendations of any sort on any matters. Make your own decisions; do your own research. Please, I do not want to hear about anyone doing anything "on my advice." I am not offering advice.
And I'll reiterate that I own about 30% [g] of the current supply of NYAN, which makes me by definition maximally biased.
Also, I'm not sure what's up with the address from the first post. It doesn't show up in my current wallet as a recognized address. So, anyhow, don't send there. :-) If you'd like to donate, please consider sponsoring a coin-a-day or coin-a-week article.
This is the first sponsored article. This Coin-a-Year article has been brought to you by spydud22 's generous patronage. I'd been meaning to do a Coin-a-Week article on Nyancoin for a while, but between wanting to "wait until the price recovered a bit" and general procrastination, then it seemed like it would make a good Coin-a-Year article, and then I wanted to wait until the price recovered a bit more...anyhow, so thank you spydud22, for causing me to finally do this. :-)
Footnotes
  • [a] nyan.space/chain/Nyancoin ; as of block 1091430, 263738786.71890615 NYAN outstanding. This is slightly over 50% more than the last report, which is what we would expect, since it had existed for about a year then, and has approximately annual halvings. The first year generated about 50% of total supply; the second year generated about 25% of total supply. We should expect in a year to have about 17% (one-sixth) more than we have now.
  • [b] https://www.cryptopia.co.nz/Exchange?market=NYAN_BTC ; this is the only market reflected in coinmarketcap and it is the primary one on which I trade. Cryptopia also has other base pairs which operate at significantly higher spreads (lower bids; higher asks) and have minimal volume. In the time since the last report, NYAN has traded as high as 60 satoshi (and briefly a little higher at times), but over the last almost twelve months since a peak about a year ago, the price has been generally declining overall, as a gross oversimplification of a lot of movements. This has been an effect of me not being able to keep buying as much and there being large dumps I wasn't expecting from time-to-time. Now I'm taking the approach of building large (one or more nillion (million NYAN)) bids on each price as I slowly work my way back up again in order to be able to handle possible dumps with less price shock.
  • [c] coinmarketcap.com/currencies/nyancoin/ ; as noted in [b], this only reflects the /BTC basepair on Cryptopia but that's where most of the volume is anyhow. Of course, the market is also not particularly liquid since I'm the primary buyer and have rather limited means currently.
  • [d] I haven't setup a script to count this yet, among many things on my to-do list for someday, so I went through by hand from what was the then-latest block of 1091430 on nyan.space back to 1089766 which was the first block generated less than 24 hours before. There was actually a three and a half hour block gap at that point, such that the next prior block was about 24 hours and 15 minutes before 1091430 while 1089766 was only about 20 hours and 45 minutes prior, and has a disproportionate number of transactions and value compared to a typical block (8 and ~313,000 NYAN respectively) from the build-up during the gap. But since that gap conveniently started right about at the start of the 24 hour period, doesn't really skew our results here.
Note that there are often times where the UTXO created during one transaction during the day is spent during a later transaction in the day. This can be considered the "same" Nyancoin being "spent" twice in the same day in our total. But in practice, I believe what's happening here is the faucet is breaking off small (10-50 NYAN) pieces from a larger (~40,000 NYAN) chunk, and so that pops up a bunch of times. So the total NYAN blockchain volume as counted for this topline number should not be interpreted as "NYAN spent in the day" but "NYAN moved on the chain", where the "same coin" can move many times. So it's a very easily gamed metric and not a strong / resistant metric like the market price tends to be (at least relatively speaking), but it's a fun number to calculate and provides a little bit of information.
The transaction count can also be easily inflated and certainly, for instance, having the faucet does generate transactions which are a very common transaction.
And this is also just an arbitrary 24 hour period compared to a previous arbitrary 24 hour period. Nonetheless, I do think there's clearly a bit more activity on the Nyanchain, even though the typical block is still empty and the number of transactions and volume is still tiny compared to the major cryptocurrencies.
Here's an arbitrary example of the faucet transactions Note the zero transaction fee, which I love that the miners support (the defaults are all quite low as well).
Here's an example of what may be the smallest transaction by NYAN volume of the day; but no, I followed its small, spent output, and it led to this gem which also links to this. I have no idea what's going on here, but it's hilarious and I love it. How's that for microtransaction support? :-)
  • [e] Obviously Cryptsy went down. We had had more than enough red flags with Cryptsy (including one time where I was able to withdraw 6 nillion more than I had in my balance) and got onto Cryptopia. spydud22 basically accomplished that for us, although I helped out in the tail end of the campaigning.
  • [f] Our community is still small (I wish there were literally dozens of us!) but we've had valuable activity from multiple people, including, just as highlights, vmp32k who hosts nyan.space, a clone of the original nyancha.in, jwflame who created the excellent nyancoin.info intro site, with the awesome status page (which currently notes that "the last 500 blocks actually took 111 minutes, which is approaching the speed of light, causing the universe to become unstable"), KojoSlayer who runs the faucet and dice, spydud22 who got us on Cryptopia, and many other Nekonauts have made worthy contributions, and the Nekonauts mentioned have done more than just that listed. So while we are small, we are active at least from time to time and technically capable.
Even though our posting rate is still around 1 post a day or so on average, and so still a relatively quiet subreddit (and it is our main (only?) hub), it's still a very noticeable and significant difference from how /nyancoins looked when I was reviewing it for the original piece here. Here's an attempt to approximate what was there using Reddit search ; archive.org has a snapshot on January 19th, 2015, which is well into the early revival mania and one from August 14th, 2014, before four and a half months of little to no activity. Apparently archive.org unsubscribed to /nyancoins in that interval itself...
  • [g] Maybe up to around 35% by now; maybe still around 30%. I haven't updated hodling report lately; it was 30% last time I recall, but I've bought more and more has been made since.
submitted by coinaday to CryptoCurrency [link] [comments]

[Marketing] How we can appeal to the masses!

Hey guys, so we've obviously had an recent debacle occur in the community but the fact of the matter remains that Vertcoin is seeing faster levels of growth. We've been accepted on Mintpal, were seeing higher volumes exchanged and the community is starting to blossom. The currency itself is beginning to mature, and the recent press release I think shows that we can still do a lot to help inform people of what we are doing. What is important now is that we continue to innovate and ensure the upward trend we are currently experiencing. How can this be done? There needs to be a shift in terms of the marketing of this currency from one which is focused on developers and 'tech-savvy' people to one which understands the needs and aspirations of the general public.
Before I delve into some of my ideas, as Jay Z would say, "Allow me to reintroduce myself". I am someone who had been interested in technology from an early age and who has relatively in depth knowledge about computing and technology. I'm an economics student currently working as a designer for my University while also studying there. I'm also getting involved with a number of different non-crypto related startups. I've been active in the world of cryptocurrency from the beginning of this year but I've heard about it for a number of years, just never made the jump due to a lack of workable knowledge and technical barriers. Starting with a relatively large investment in Bitcoin, I split my portfolio into Litecoin initially, then progressing to Vertcoin soon after its inception. What drew me to this currency in particular was the clear focus from the developers on the long term sustainability of the coin. As someone who entered the arena relatively late and who may have got swept up by some unsubstantiated hype (Coinye anyone?) what I wanted was a currency which had a clear direction in terms of the future. Innovations such as the ACIS resistance and merge mining are examples of the attempts to strive for longevity.
In terms of branding I believe there is something here which potentially could be made mass marketable. From the name, to the logo and then the general styling, its clear that this is a currency that as well as leading innovation, is taking its branding seriously. That is something which is needed for widespread adoption.
You're probably wondering, then, why I am bringing the branding into question. It is not the brand in itself I see issue in, its who exactly is being marketed to. I'll give an example.
On our main website there are a number of videos which aim to help explain exactly what our currency is and why it should be used. The aim of which is to draw people to using our currency over others. What should be observed here is the target audience for these videos. In both, technical aspects are discussed as benefits to using the coin. ACIS resistance, Decentralisation, handling fees, mining etc. These are all valid points. The problem with this is the fact that, to the average consumer, you might as well be speaking gibberish. The average person does not know what mining is, what ACIS's are or what the benefits of decentralisation are. It's likely they don't understand or even care about these aspects. If you are attracting someone who has a technical background and who had already dipped their toes into the crypto waters so to speak, then they are likely to understand these benefits, which is why when ACIS starts to hurt other script coins there will be a transition of those people potentially to us. What problem do I have with this? None. It's simply a matter of whether you are looking to expand your standing within the community or appeal to a larger audience. Appeal to a larger audience and you increase your appeal within the crypto community. The key issue is that this cannot work the other way.
There need's to be a split of targeted marketing to those who have a technical background and to those who don't. This is something that is not witnessed often in this community, but there is one notable example I'm sure everyone's aware of. Dogecoin is doing incredibly well for a currency which was built atop a joke. Is there any real innovation there? Probably not technically, and yet they have been plastered across media. Why? Because they appeal to the mass market rather than a small minority of the technical elite. Just look at their intro video! It's a dog on a rocket. There isn't a single mention of any technical aspect In many ways its most likely inferior to our own and yet I've had people approach me to inform them of how to buy some. It may sound harsh, but when you market something you have to appeal to the lowest common denominator. In that sense you can then work your way up and you appeal to everyone.
So what can we do? I am not saying that we need to go down the playful route in terms of what Doge is going. In the long run how can anyone take a currency seriously thats supposed to be a joke? However what I believe needs to be done is putting a larger focus on the consumer benefits and not just the technical.
All of this can be communicated in a simple animations. I would suggest creating two videos, one to act as an advert to encourage and excite people to find out more and the other walking the user through the initial steps of downloading the wallet and the basic concepts of crypto currencies in layman terms. The latter I would suggest not hosting on youtube but directly on the website to then allow the user to click and download the wallet.
[Sidenote - Any advertising done by the community needs to be shown to be a community effort, otherwise it looks like a Ponzi scheme. This can be done with a message like (This ad was sponsored by the community on reddit) or something like that]
Imagine now that I am an average joe. I am interested in joining the community. These are some of the questions I may have and perhaps the solutions:
What can I spend my Money on? No matter how much innovation you can claim to have with your decentralised currency, this is perhaps THE MOST IMPORTANT POINT. Everything else is irrelevant if you are unable to spend your money on anything. And this is perhaps the biggest problem for crypto currencies today; People just have no idea where they can spend money. Though some of you may notice there are some stores on the sidebar, but a new user is unlikely to find this place in the first place, and it's not exactly prominent there anyway. So whats the easiest way to market places to which people can spend their hard earned vert? The wallet. Personally I think the entire interface is being underutilised. That, ladies and gentlemen, is the face of your currency. It is the first thing people will see. And what will they see? 0 vert, 0 transactions and a logo. And then there just expected to know what to do. What I would propose is to have a tab perhaps labeled 'Marketplace' which features prominent online retailers which accept vert for a number of goods. That immediately solves the problem. It shows that there are things to buy with your currency, encourages spending so it is not a purely speculative currency (which is not healthy in the long run) and displays an active community to first timers. Not only that but it could act as a source of income for the foundation as you could allow businesses to bid for a more prominent placement in this tab, which could then help with further marketing.
[As a sidenote, the wallets GUI needs to be updated anyway. How can anyone believe this is a currency for the future when it looks like something from windows 98?]
How do I Get Money? Vertcoin faucets exist. As a newcomer you're likely to be unaware of this. They are incredibly useful as it allows for someone to play around with the idea of sending virtual money around. This could be integrated directly into the wallet as so when a user signs up, they are offered the opportunity on the spot to receive free coins. What could be better than that? Then encouraging them through social media to send money to friends as a sort of referral system in which both parties then get more money. That way you can spread quickly through social links.
[Another sidenote, someone needs to work on a Twitter Vertcoin Bot. That's free promotion for the community right there. It's all fun and games here on Reddit but normal users are more likely to be on Twitter, so it makes sense to capitalize on that market]
You could also implement a similar system with the advertising and allow trusted exchanges to offer their services. One of the big problems with people coming in is that they have no idea how to get the currency in the first place, putting them off. This would solve that issue.
What If I Need Help? Which leads me to my next point; the integration of the community in the wallet itself. If I use a bank, if i need help I can call them, visit a branch and talk to a manager. With virtual currencies more often than not your left to your own devices. Cryptocurrencies are scary enough, it's even more terrifying to not have someone hold your hand through it. Why not have another tab within the wallet which links to reddit, help guides, FAQ's and stuff like that? Why not have a tutorial within the wallet which guides the user to make their first transaction? It immediately lowers the technical barriers and thus allows for further engagement.
How Do I Mine? Integration of a one click mining button into the wallet. Helps with decentralisation and could solve your P2Pool problem. It could be made incredibly user friendly, with a GUI and the ability to scroll and select through a list of P2Pools.
I think the basic premise of these ideas is that the wallet shouldn't be seen only as the thing that we use to make transactions, but instead act as the 'Bank' for individuals and HUB for services.
[EDIT] In conclusion here's a summary of my ideas:
  1. Greater focus on first time consumers rather than the crypto community
  2. Create 2 Adverts, One which focuses on advertising the brand (commercial like), and another which focuses on simple technical aspects and initial setup of wallet for the website
  3. Creation of a Twitter Tip Bot
  4. Marketplace' Tab included in the wallet
  5. Mining Tab included in the wallet
  6. Integration of Faucet to wallet
  7. Offer free vert bonuses for sharing links to Vert Promotional Material on social media
  8. Tutorial in wallet to walk through first transaction
I'll be updating this later as I have more ideas but this has taken me half a day already and I'm forgetting things. If people are interested I could potentially do mockups for my vision for the wallet, but I'll leave that for another day :)
[EDIT 2] I'll be designing mockups for the wallet next week Tuesday so keep an eye out for that! Also if anyone wants to see an example in terms of branding the sort of thing we should be aiming for, checkout ReddCoin, the branding for this coin is amazing
submitted by Nitrous94 to vertcoin [link] [comments]

SCAM PAGE BITCOIN 2015

If You Feeling Gorgeous You Can Donate.: 3DVWAbkfT73kizo4F8bb25WwWrPxoPqVsv ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== ==== hello
this thread is to notify all sites in this board. i play these hyip games very often, and i have a good understanding on how it work, who is scam, who is not. I have play hyip for over 2 years, i know which one will last long, and as a result my investment usually result in profit. i will post status of hyip, if i have invested, and my rating out of 10 based on risk and lifetime. this will be the 'one stop' thread for newbie, as i was once just like you! this can be a healthy resource for this board. note: i am not a paid monitor, i do this so that people in this community are safe. i will not take payment for site listed here. i may place referral link, but not more than once every 5 sites. i rarely place referral link unless site is good.
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site types: Game: Site that state that it is ponzi/they are running a game Cloud: Cloud Mining site that state all investment go toward 'cloud mining' (90% of the time, not the case) HYIP: Sites that promise high ROI, can last long, but can close at any time! Faucet: Faucet games that let you pay for upgrades in return for higher faucet rates. These are known to be scams and yield very low ROI, be careful!
statuses: New: site is less than one week old Paying: site is over one week old and still paying users On hold: site is experiencing issues, do not invest but not yet scam Saturated: site is still recorded as paying, but the game is to old to pay new investors. Scam: site is no longer paying do not invest.
My rating are based on: - Expected lifetime - If owner has owned site before (noticeable with site script and design) - Plan offered (high roi, higher risk) - Domain/Hosting type (free, drop points) - Script (if duplicate of other site, or just html site, lower point) all site start with 5 rating points for fairness. rating reason is all under the monitor table.
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Monitor:
Type | Site Name | URL | Date Started | Accepted Currency | Investment Plan(s) | Affiliate Commission | Thread | Status | Rating Faucet | Ore-Mine | http://ore-mine.org | 28/08/2014 | BTC | 8 Levels | 6% | Thread | Paying | 7.5/10 Game | Crypto Pyramid | https://cryptopyramid.com | 16/03/2015 | BTC/DOGE | Pyramid | 49% | Thread | Paying | 6.5/10 HYIP | RobitBot | https://robitbot.com | 24/08/2015 | BTC, PM | 14% profit in 7 days | 2% | Thread | Paying | 6.5/10 Game | Iz-Nop | https://iz-nop.com | 02/08/2015 | BTC | 130% when bank can pay | N/A | Thread | Paying | 6/10 Game | CryptoFate | https://cryptofate.com | 07/10/2015 | BTC | 150% instant/30days | N/A | Thread | Paying | 6/10 HYIP | Wallet+ | https://wallet-plus.com | 19/09/2015 | BTC, PM, OK, PAYEER | 1.11%-5.55% daily | 3 level (5%, 1%, .5%) | Thread | Paying | 5.5/10 HYIP | Delta Investments | BitcoinTalk Based | 08/30/2015 | BTC | Variable (usually 2%-15%) | N/A | Thread | Paying | 5.5/10 Faucet | CoinBooster | http://coinbooster.io | 06/10/2015 | BTC | 5 levels | 50% | Thread | Paying | 5.5/10 HYIP | One1 Touch | https://one1-touch.com | 01/10/2015 | BTC, PM, PAYEER | 4%-4.45% daily | 3 level (5%, 3%, 1%) | Thread | Paying | 4.5/10 HYIP | Invest Coin | https://invest-coin.com | 09/10/2015 | BTC, PM, PAYEER | 1.03% - 2.3% Daily | 2 level (8%, 3%) | Thread | New | 4/10 HYIP | CryptoBoost | https://cryptoboost.xyz | 08/10/2015 | BTC | 30% in 30 hours | 10% | Thread | Paying | 3.5/10 HYIP | DoubleBot | https://doublebot.com | 20/03/2015 | BTC | 2x in variable time | 12% | Thread | Saturated | 3.5/10 Cloud | Sea-Mining | https://sea-mining.com/ | 13/10/2015 | BTC | 1GH/s 0.001BTC | N/A | Thread | New | 2/10
Scam sites: [Thread] SCAM: X-Value.org - Long term ponzi has now collapsed...site is offline. [Thread] SCAM: True2x.com - repeated posting, copying other thread text, not paying, not custom script. the list do not end. Do not invest here. [Thread] SCAM: x2-bitcoin.co.nf - html site (no auto script). invest at your own risk, this is considered scam (0 rating) [Thread] SCAM: Bitcoin.winspiral.net - junked with ads, 100 day plan, not an advised investment (0 rating, considered scam) [Thread] SCAM: Cointwice.in - faked payouts on payout page...typical scam script [Thread] SCAM: Coinbase Investments - posing as coinbase...no website, all deposits sent to luckybit. Scam. [Thread] SCAM: Unique-income.com - cheapest goldcoder script and free design, reported scam and not paying. [Thread] SCAM: Wiscapital.biz - reported no longer paying. [Thread] SCAM: PrimeDime.net - man was gambling with people money, and eventually he lose. Scam. [Thread] SCAM: VIPdoubler.com - multicryptos scammer, now listed in scam dictionary. [Thread] SCAM: LongTermPaying.com - recently collapsed scam. Ran with 4BTC. [Thread] SCAM: Btc-Pyramid.com - recently collapsed scam. Site is now offline. [Thread] SCAM: DigitalBit PRO - Using blockchain API, faking payouts, not recommended invest.
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my advise: - Iz-Nop fair ponzi game, do not invest to late into round, always be aware of when new round start. - Invest-coin goldcoder script and fairly new, be careful, invest small if you decide to - One1-Touch also goldcoder script and paying, promising, but keep investment at steady pace. - Doublebot saturated, not wise to invest - Robitbot is getting very big, now is the cut off for investment before the scam period is going to begin. I recommend not to invest now, it is to late! - CoinBooster seem trustworthy, but be careful as most faucet based site go scam quick. There may be hope with trustworthy hero, but never be to sure. - CryptoBoost is paying, though using noncustom script. Invest in short plans if you invest, and small amounts to make sure losses aren't to large if it goes sour. - CryptoFate is new, but eventually will become saturated or collapse. It is not sustainable even though it is a game. It is safe to invest, until 20 day mark (break even for first day loser for 5% per day). - WalletPlus is quite large in fiat investment, offering semi-stable roi. This is an ok investment, but not my most recommended. Safer than most site on the list. - Ore-Mine been online for quite a long time, and has paid considerable amount. This could be proven to be online for a long time, or sign of soon collapse. Be careful, but could be stable investment. - Delta Investments owned by an altcoin owner and quite trustworthy member. Could be trusted, as also gives stable ROI. No website with automatic processing lets the rating down. - Sea-Mining is a new cloud mining site, seem inactive admin...Be careful with this site after BTC-pyramid cloud collapse. - Crypto Pyramid legit pyramid site...6 month old, a bit late to enter the game, but investments still constant daily.
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Rating reason/warning section: - Robitbot suspected previous owner of EnlargerOK (minus 2 rating points) - Robitbot paying for 48 days, legitimate so far, though could come to a close soon (+3 rating points) - Robitbot admin still online (gain 0.5 rating points) - CoinBooster admin hero account with +10 trust (could be purchased, though +2 rating points for this) - CoinBooster purchased script, not custom (minus 1.5 points) - CryptoBoost purchased cheap, non custom script, usually used for scams. (minus 1 point) - CryptoBoost non-unique design, used many time (minus 0.5 points) - Doublebot online for months (still paying), though ponzi is saturated (no point change) - Doublebot has no design (just color text) and very basic script (minus 1.5 points) - Doublebot admin still online and answering support (+1 point) - Doublebot claim that all roi is made from "magic" (while justifying trading?) how still paying, do not know. (minus 2 rating point) - CryptoFate admitted game + provably fair alogrithm (+1 point) - CryptoFate is a ponzi that will eventually collapse, there is no plan for this time (-1 point) - CryptoFate uses custom script and design (+1 point) - WalletPlus proven paying, 3 weeks+ old (+0.5 point rating) - WalletPlus unique design, non custom script (minus 0.5 points) - WalletPlus paying, no customer issues (+1 point) - WalletPlus no admin support on bitcointalk (minus 0.5 points) - Ore-Mine online for over a year (+1.5 points) - Ore-Mine paid over 1000BTC and no scam reports (+2 points) - Ore-Mine very basic script and design, minimal UI (minus 1 point) - DeltaInvestments trustworthy admin (+1 points) - DeltaInvestments over one month old, no scam reports (+1 points) - DeltaInvestments no website, purely bitcointalk operated (minus 0.5 points) - One1 Touch unique design and paying over a week (plus 1 point) - One1 Touch goldcoders script and also has not completed one round (minus 1 point) - One1 Touch admin not active on bitcointalk (minus 0.5 points) - Invest Coin unique design and stable plans (plus 1 point) - Invest Coin online for less than one week (minus 1.5 points) - Invest Coin admin not active on bitcointalk (minus 0.5 points) - Iz-nop successfully paid two rounds no issue (plus 1 point) - Iz-nop using non-custom, publicly available script (minus 1 point) - Iz-nop admin active on bitcointalk, no scam reports (plus 1 point) - Sea-Mining admin inactive on bitcointalk (minus 1 point) - Sea-Mining offering lower than normal cloud rate (minus 2 points) - Sea-Mining less than one week old (minus 1 point) - Sea-Mining unique design and script (+1 point) - Crypto Pyramid admin active and responds to support (+1 point) - Crypto Pyramid online for over 6 month, proven legit (+1 point) - Crypto Pyramid no consumer complaints (+0.5 points)
submitted by Msikeah to Bitcoin_News [link] [comments]

Bipolar Law Student Adventures: Finals Edition.

Finals are going to span from tomorrow afternoon until the 5th of May, so I will just use this as a vent thread and keep updating it rather than do a several-part series on finals or anything like that.
I hand-write out all of my planners. I get those 100 page composition books from the dollar store. Every day gets a page with hours written down the left margin from 9 am till 12 pm. Each book has three months worth of pages. When a day ends, I alternatively fold in the top and bottom corners and it kind of acts like a book mark so I can immediately flip to the current day as time goes on...
This is an obsession. I will open my planner and flip through the pages and write in my class schedule and appointments and reminders and the "expected to-do lists". I've been doing this since March of last year. I now have 4 composition books stashed away in a drawer filled with folded pages and those day-to-day notes and the list of expectations I had for myself on any given day. My steady print. My lawyer-in-training cursive. Sometimes a rare quick poem that escaped from the chemical restraints of my meds.
And always at the end of every semester, in big ALL-CAPS printing, surrounded by a rectangle:
TORTS FINAL 6:30-9:30 PM
SALES FINAL 10:00 AM- 1:00 PM
etc etc
And here we are again, rectangled all-caps scribbles. Together, again. For the last time.
Usually, you'll have a designated "finals week" (which tends to span 2-3 weeks). All the finals fall into that timespan and if you're a lucky duck, each exam will be at least a couple days apart.
But why let a graduating third year enjoy that kind of luxury? Naww...
My first final is a take-home which will be sent out Thursday and turned in Saturday night. Then an in-class final Monday night (preceded by a 10-minute topical oral presentation in another class).
Then we get this nice teeny tiny little break they call "Reading week". But it's not a week. It's about 3 days.
May 2: Final. May 4: Final. May 5: Final.
(Mind you, the "finals week" is schedule to go until about May 17 or so. Oof.)
So I'm about to jump into a sea of sharks.
I go into stockholm syndrome mode. The law is my captor and I love him. I study him. I know and memorize all of his nooks and crannies. When I'm ready to tell the world, I write his life story (my outlines-- usually from memory) on whiteboard stretching across the classrooms.
...aaaaaaaand then I take the exam and forget about him forever [unless a) it ends up being a bar tested subject and I'll be learning it again this summer or b) it's a law subject I want to pursue a career in].
And tonight's the night before it all starts. It's like waiting in that three-hour line for a roller coaster and you're finally gonna go next.
So I will be taking a cruise to Stockholm very soon. I'll try to write home when I can...
Update 4/23 Afternoon: Got my assignment for my take-home final. I wish I can indulge some info on it, but 1) don't want to say anything that would be risk me being identified here and 2) our school does anonymous grading. So wouldn't want #1 to lead to flopping that up.
But I am excited about it. I do have a class in about 30 minutes so I can't jump on the project yet, but I will have all day tomorrow and most of the day Saturday. Whee!
After picking up this assignment prompt and walking outside, my Nate Reuss-lyic-singing friend was out here singing a few lines of "Carry On" by fun. I peeked over the wall to see if he was close enough so I could join him.. he was quite a ways away and just sort of stopped singing, so I just returned to my sitting spot. But it was a nice voice to hear and a nice moment of that bipolar-Nate Reuss Lyrics bonding lol.
Update: 4/24 Early Evening: Woke up relatively early (9:30) and did a chunk of research to start compiling the things I need for this take-home final. Took a needed nap at around 1-3 pm. Got back to work and have spent the last three hours compiling and putting squeaky clean touches on the first half of a two-part final.
Ugh, like I said I can't go into detail on this (maybe after I turn it in and get my grade back, if it's still topical, I'll post the details about it then.) But I'm happy about this because I get to squeeze a little creativity into this final.. which I've done on this first half. And I'm thinking of something cool for the second half.
With over 24 hours to spare before I have to turn in both parts of this final, I'm feeling good :) But I still have to squeeze in more work for other classes this weekend. Presentation on Monday. Trial Practice Final Monday night. Doing some study prep for upcoming review sessions.
I've also got to wake up early tomorrow for a three-hour semi-mandatory bar prep thing. And I also want-need to go to the gym, tonight.. probably in about an hour. So I'm going to set myself up to start on part 2 of this take-home, hit the gym, and curl up with the Bruce Jenner 20/20 interview when I get home (while doing little bits of work on this final during the commercial break).
Update: 4/25 just after midnight: So I would say I'm 85% done with this take-home final. I'm at the point where everything is on the page that I think should be on the page, but I need to spend time going over things and checking to see if I have any loose ends. Getting ready to pass out now so that I can wake up "early" tomorrow for the thing that I gotta do for the...zzzzzzzz.....
Update: 4/25: late afternoon: Take home final is DONE and turned in!!! Now I have to do: Presentation for Monday (only needs to be 10 minutes long so shouldn't be awful), Prepare for in-class final Monday night, get things together for review sessions on Tuesday/Wednesday.
OH and I also have to do the darn school newspaper before the month ends. -_-
Even though I was able to push through with this first final, I feel like I haven't kicked into "marathon mode" yet.....
Update: 4/25 evening: Working on my presentation. It's supposed to be about investing in gold. The class is corporate finance so I've been learning all semester about stocks and bonds and balance sheets and present and future values and all kinds of stuff-- it's the first time I've purchased a special calculator for a class since 2007.
I picked the topic of gold thinking there was something super complex and amazing to it. In the context of a class like this, it really isn't that complex. There's this price for gold that's set by the people who want to trade gold. And you buy a 1 oz coin of gold for that price. So in the context of a class where market value of stocks is based on intrinsic values of companies which is estimated by experts reviewing pages-long balance sheets and financial statements...... Eh nope. Not this. We, as humans, just feel like gold is special, and we pay $X for it. And we've got gold. And if we want, we can sell it for $Y. Oh, and Warren Buffet thinks investing in gold is stupid because gold can't actively turn a profit like a business can. I'll probably get brownie points for menitoning Warren Buffet.
...The presentation has to be 10 minutes long.. I can't end there, right? So now I'm on the verge of an existential crisis trying to pinpoint the moment in time in our human history where we decided to place a value on gold (or any currency) for any sort of concrete reason. And then I have to switch from history and philosophy to science to see that one supporting reason-- although not THE reason-- why gold is valued is because it's an inert, relatively rare metal. Doesn't rust, easy to smelt, heavy, and out of all the elements of the periodic table, Au is, chemically, the most ideal element to create a valuable currency from, with silver and copper coming in 2nd and 3rd, respectively.
But now we have our fiat currencies and the gold standard has been eliminated in almost every country... so why do people want to buy a 1 oz gold bullion coin for $1,200?
The only financially sound reason leads me to come up with ideas worthy of conspiracy.. and yet, as the kind of person who is always expecting worst-case scenarios, it makes total and complete sense to me so I don't knock anybody for thinking this way... in the history of fiat currency, fiat currencies will go up and down in value and sometimes, eventually become worthless. But through it all, gold retains value internationally-- the value fluctuates, but it never falls anywhere near into oblivion.. the price remains relatively high. So one day, when the US dollar crumbles and the economies of the world are running around like chickens with their heads cut off, the people with gold bullion will still have something that's worth something because.. well.. refer to the above paragraphs. lol
...typing all this out has really just been a practice in whatever it is I'm gonna say on Monday. I don't know how much farther I can take this topic...
Update 4/26 early afternoon: So I was stupid last night and the rabbit hole I went down with my gold research lead to me taking a fresh look at bitcoin. Wow. So.. a while back, when Bitcoin was trading above $600 or so, I had used faucets and got 0.015 bitcoin saved up. At one point, that much was worth $15 USD or so. It was basically beer money. I mostly used faucets.
And it's funny because when bitcoin used to only be about $5 USD, this random Bitcoin twitter account paid me 1 BTC to write a poem about bitcoin. WOW. and I ended up just giving that away as donations to friends.
So I looked back into bitcoin and the faucets I used to use and realized that these days, the faucet payout is higher. So I spent quite a bit of time in the wee hours last night fauceting bitcoin. I didn't fall asleep until 4 am (d'oh!). So I woke up today around 1 pm.
I'm trying not to feel bad about it. After all I woke up early yesterday and didn't take a nap to even things out. On the days I don't have to wake up early, I'll sleep in until 11 or 12.. so this isn't that bad. And I did get my final done yesterday.
So that's behind me. Maybe I can start fauceting again when I'm done with finals. But okay. We're done with that now. Back to focusing...
...this final I have Monday night is a team project. I woke up to texts from a teammate asking me for comments and suggestions on his part. So I went into his google doc and made my comments. Now I have to do my part which is to write a script, basically.. I've only written an outline.. I've written a script like this before and I know, once I start and it flows, it keeps flowing... Ugh.. can't quite get to the flow, yet..........
..Maybe I just need more coffee? :-/
Update 4/26 early evening: Took a coffee break and sat to talk to my mom for a while about my school work. She started talking about a party she went to last night with dad. I asked her how they got invited to the party (what the connection was) and she went on a long tangent about the party without directly answering the question.
See, my Monday night final, I have to do a direct examination. Essentially, you ask a fairly open-ended question but you prep your client ahead of time to give a pretty precise answer and prep them so that they DON'T go on a tangent. That's the script I've been working on...
...so I tell my mom she would make a horrible direct examination witness because I asked her one simple question and she went on a tangent that had nothing to do with my question. She was like, this is what your dad and I have always fought over for the last 30+ years. You think just like him. lol.
And it's true. I was raised in a direct examination/cross examination environment. My dad never pushed my to be a lawyer, I decided to be that on my own, but he inadvertently trained me for two decades to think like a trial lawyer questioning a witness. Although my training was in the form of me being that witness.. the witness who got a bad grade or didn't do her chores or the witness who needed help with homework or wanted to talk about education plans. If you don't answer a question a certain way with my dad, a conversation that a normal person would think should only last 5-10 minutes could turn into a 3-hour ordeal. I'm not exaggerating. And my dad didn't raise us that way by design, it's just the way he handled things with us.
...funny when I decided to use this reddit post as my little finals period venting post, I didn't think I'd start unpacking my childhood or my bitcoin fetish or an existential journey though the history of monetary exchange...
Update 4/26 nighttime: I'm trying to give myself a break by watching my regular Sunday Night shows.. Once Upon a Time and Secrets and Lies. My phone is blowing up with texts from a teammate asking me to help him with his part of Monday night's final.
OH NO OH NO RIGHT AS I'M WATCHING TV I SEE BEN CRAWFORD IS GOOGLING BIPOLAR DISORDER. DAMNIT, ABC, AND RISPERDONE... OHHH NOOO. NO NO NO NO NO F** YOU ABC DO NOT PIN TOM'S MURDER ON BIPOLAR DISORDER.
Anyway, after three years of law school, it's been a struggle, but I've more or less mastered the art of thinking twice-- or three times-- before I send off a text or email. This is especially helpful if somebody starts getting annoying or gets me upset. It's an exercise in "professionalism" and if you don't learn it by the time you're sworn in with the bar, it can cause you some problems in the teamwork arena. Text communication is a damn art.
NO F** YOU ABC DON'T MAKE THIS ABOUT JESS HAVING BIPOLAR AND NOT TAKING HER PILLS. GOD DAMNIT.
...Sorry, that was totally topical. I'm literally watching Secrets and Lies while I type this. If you watch the show, it'll make sense to you lol.
So I'm getting a flood of texts from these teammates asking me for their help. I'm the type of person who usually only communicates with a team to make sure logistics are worked out. I'm usually not asking the team for help on things that are minute details that I should be working out myself. And now one of my teammates is hitting me up asking me to do just that.
Option 1: DUDE I CANNOT HELP YOU RIGHT NOW I HAVE MY OWN PART OF THE PROJECT TO WORK ON PLUS ANOTHER PRESENTATION TO WORK ON. (And I say Option 1 because this is usually the visceral immediate reaction)
Option 2: Read his texts with my full attention (when there's a commercial break) and respond with my advice to help him.
I've been doing Option 2 all day.. all weekend, really. I even just made him a video to give him a comprehensive critique of his part of the presentation which he's written out and shared on google docs. I'm SO SO close to switching to Option 1.
Sigh..
Update 4/27 Afternoon: Finished my presentation. On to the next...
Update 4/28 After midnight: Two finals down. Flugh.
I got to a point tonight where I just wanted to get my part of the team-assigned final done and teleport home. At one point during a direct exam on the other side, the guy next to me who was about to do cross-- the same guy who was constantly texting me for help all weekend-- whispered in my ear and was like "so how do you think I should address what he just said in my cross?"
Like, okay, maybe I should be flattered, right? This guy is asking me for advice on this stuff which probably means he values my opinion. But at this point, I was just DONE. I can't THINK for you right now, bro. I just kind of waved my hands and told him "I don't even know, man."
Then I do my part which was a direct examination. I wrote a script for it and sent it to my "witness" ahead of time so he could get a good read through of it and it could go smoothly. I guess you can put some blame on me here for not trying a little more to practice with this guy, but he is a mutual friend of a lot of us in this class and he had played this exact same "witness" part for the other team last week. He didn't do awful but there were a lot of times where he was tripping over words and it felt like he might have been reading the thing for the first time.
He was probably just as exhausted as I was, but it just wasn't making things much easier. I got through the thing. There were a lot of amazing gems I had written in this script and he just didn't perform them the way I had hoped so again-- that's partly on me for not practising beforehand. But I'm glad he did it and helped. Always better to have somebody than nobody and without him, I would've had nobody.
Then later on with a different witness, the opposing side got up to do cross. I won't go into the details but they tried to introduce evidence that they knew or should've known was allowed in-- I tried to do exactly what they did last week and was turned down. So I made an objection. And in part I was annoyed because it was like-- you guys knew I wasn't going to allow this (we exchanged this in a stipulation memo last week) and you knew I wasn't able to do this last week. And they tried it anyway. But it was more than that-- it was just the whole weekend and all the anxiety of working on a team on top of having to do a presentation earlier the same day.. oye. And now you're gonna try to introduce evidence that even I wasn't allowed to get in. So my objection came out bitchy. My professor later characterized it as me sounding like I thought everyone in the room is stupid. Okay, I get that perception and there's no use arguing but at the same time it's like, I'm done. I'm just done.
I know it's a lot to ask everybody else to see things the way I see them, but for five fucking seconds can I get a break?
There was a redeeming moment, I guess. Another teammate had asked us to make comments on his closing. I did. He basically nixed all of my comments without making a single change to his "script" or even acknowledging what I was saying. And I mean that's fine, that's how he wants to do it. But I've had a history of working with this guy and he'll be MIA on the group project and then all the sudden last minute pops up and throws all of his suggestions at us too late and didn't pay attention to all the things we had already said. So seeing him just nix all my comments just added on to the 50 pound weight on my head. But then at the end of his argument, he did make ONE change that I had suggested. It was a fairly technical one but it signaled to me, "you were right on this one, and I'm doing it your way."
That was a nice 5 seconds.
At the end of the night and a long round of comments from the professor, we had to sign in on the attendance sheets (ABA law schools are weirdly strict on attendance records and you've got to write your john hancock on a sheet every class session). So I go up to sign and look up at the professor and he says good job and shakes my hand and gives me a wink. One of those "you did all right and i know that you know that i know that you know that you'll end up all right out there" That was another nice 5 seconds.
So I'm exhausted. And it's not over. I don't have to face another final until Saturday but I've got to go to review sessions that are semi-mandatory and require me to do practice exams if I want to show up.
At least I can sleep in a little tomorrow...
Update 4/29 wee hours: I spent the whole day prepping for a review class then I went to that review class and that was basically my day. Tomorrow will be similar and then I get to really get into the marathon.
Also, today was the official last day of classes which translates to me officially fulfilling by ABA class attendance obligations for graduation. I celebrated with lobster mac and cheese and a cupcake.
I think I may desparately need an extra 48 hours to study. Thing is, I've gotten by on less. I just need to figure out out I'm going to compact better....
submitted by desperatedark to BipolarReddit [link] [comments]

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