Bitcoin Cryptocurrencies Investments – Page 92 – Your Health Should Be #1 Priority Not Money

IRS is abusing its power against coinbase users single target

Look like the pressure for coinbase to release its customers information is increasing. Coinbase being forced to release all of its customers information and many now think the IRS is stepping beyond the line, to me I think the IRS are abusing its power.

Basically coinbase respond was they will give out information for only certain users that are violating with proof, but not everyone. Til this date doesn’t seem like the IRS have any specific user that they would like to see at coinbase. Some think this is the mentality of the IRS abusing its power, some others think IRS testing its power and ability, eventually IRS will get something.

Eventually the IRS will get something from coinbase, but probably not everyone’s account. Maybe users whom have high volume of transactions, or transactions occurred too frequently, or users that cannot provide details behind where they got the money or the Bitcoin (cryptos currencies from)

This appear to be impacting users in the USA only, if you have a bank account in the US or resident address in the USA. The IRS appears to be only targeting coinbase, although there are many others bitcoin exchange in the USA out there, some Bitcoin exchange from abroad service US customers also through wire transfer but doesn’t government doesn’t appear to be interested.

coinbase releasing its users bitcoin transactions to the IRS?

Beermoney vs Bitcoin Ethereum mining?

What is beermoney? well it’s a name or group name on reddit, basically a way to make money passively online with little to no effort such as having a bunch phones running videos to earn points, doing quick daily surveys and so on. You will earn gift cards and trade them for cash.

What is Bitcoin Ethereum mining? well it’s also passive income earner. Computers that would run mining programs to mine crypto coins currencies and you trade them for cash.

Which one is better? – I would pick beermoney passive income since it does not use much power as it does with cryptocoins mining. However it’s a little bit more work and effort but easy to do babysit the devices/computers to make sure it’s running and also have to manually redeem gift cards and so on, then trade those gift cards to cash or bitcoins. Bitcoin Ethereum or other cryptocurrencies mining uses a lot of power energy, also some mining equipment will become obsolete and become useless as a piece of metal. However the coins earned through mining could worth a lot of money later in the future, but it could also worth a penny.

bitcoin ethereum mining versus passive income beermoney?

Bitcoin BTC price just hit $2000

Prediction was made that BTC USD price will hit $2000 by end of 2017, well you don’t have to wait that long because today May 19th 2017, BTC Bitcoin USD just hit $2000 on Poloniex.

There are some groups that predict $3000 by end of 2017, see if they’re right, but for sure the $2000 prediction is true. However we don’t really know what will happen whether BTC price will go up or down, normally when BTC price sky rocket Government or something big happen will kill Bitcoin.

My prediction what could crash BTC now is government auction of confiscated if there are any left, or a big bust of Bitcoin money laundering such as drugs, human trafficking, illegal activities as such and the government enforce law on Bitcoin could kill Bitcoin. If so, Bitcoin will still be alive but the price might be hurting until it pick up again. Just as previously government tried to kill to Bitcoin too many times already.

You can use Bitcoin as is, you don’t need to exchange to USD and use it, eventually.

Ethereum just hit $100 mark and continue to rocket up

Too many prediction are so correct now a day on the price of Crypto currencies especially for Ethereum and Bitcoin. Ethereum hit $100 mark earlier today and continue to sky rocketed. Many are not surprise by this because when we do the comparison converting Bitcoin to Ethereum or ETH to BTC, the exchange ratio is came out to a number that Ethereum had hit before. However when converting to USD $100 was never really reached, thanks to Bitcoin price Ethereum achieved the $100 mark and continue to climb.

I personally had been mining Ethereum for a long time, I just quit a few months ago, I should have continue to mine, but I guess it’s too late now. People whom mine Ethereum and kept on mining ethereum probably are the happiest people today since the price of ethereum more than doubled. The difficulty level of mining ethereum is kind of high now and probably not really good idea for new miner to come in, unless they’re willing to take a big risk thinking the price of ethereum will go to $200 or more within this year, then for sure you will profit.

ethereum price usd will catch up to bitcoin btc?

Ripple XRP cryptocoin killing all other altcoins in second place

Everyone whom have been watching the cryptocoins market would know XRP (Ripple) dominated the altcoins trade volume and market cap. It has been second place just behind bitcoin. And you think Ethereum (ETH) will take over Bitcoin? it cannot even take on Ripple XRP, how can ETH take on XRP?

Well, Ripple (XRP) as I know it we cannot mine it, and everytime a transactions taken place the coins get destroyed and the volume of XRP will become less and less thus making the value increased. However you can mine altcoins and ask to be paid with XRP, for example mining scrypt ethereum but instead get paid via XRP instead, it just a conversion between XRP to BTC to ETH … and so on.

Indeed ETH got beat up by XRP and can’t seem to get up to take over XRP and most likely not, it’s a different technology with XRP.

WannaCry ransomware increased the price of Bitcoin?

Bitcoin surged lately had something to do with the “WannaCry ransomware“? I think yes.

My personal opinion is yes it does, because the ransomware required payment of Bitcoin and in order to get Bitcoin people would have to buy it from real currencies whether it’s USD or EURO. When people buy Bitcoin, the price of Bitcoin will increase. However it doesn’t appear to increase that much though which is pretty interesting, wondering if that ransomware really did any damage as the new news media indicated.

Or perhaps the ransomware occurred many days back even a week started and during that time where coinbase and other similar exchanges had an unexpected new users would like to buy bitcoin in order to unencrypt their computer.

The ransomware basically locked up the user’s computer hard drive making it impossible to access unless ransome is paid from $10 to average $300 and the price increased each day if ransom is not paid. This pertain to each individual computer, so if we’re talking about one thousand, that’s $300,000 easy money for the hacker or hackers.

On a side note, it’s pretty simple to protect yourself from ransomware, don’t use windows, well it can be a joke but most people are on windows so to protect yourself just buy $40 a year subscription to malwarebytes or webroot, they’re the cheapest and light weight.

wannacry ransomware increased the price of bitcoin

CNN website news videos have the most annoying advertisement commercial

CNN News website (cnn.com) is my only favorite and most trustful website for me to get news, although it’s not local but help me greatly to know what’s going on around the world. However the only issue I have is the videos news have super loud commercial advertisements (ads). I don’t know if CNN does this on purpose for ads commercial to play super loud while their news video volume is like less than 1/2 of the loud ads commercial played. Could also be their audio engineer people don’t pay attention to optimize the volume to be consistent.

Or could also be just me, but I’ve tried or used on different computers and the same thing occurred. CNN really need to look into this fix their audio volume to be consistent with the ads volume. Some night I forgot about this and was watching one of the news videos on CNN website, I clicked on the video to watch, couldn’t hear so I up the volume and after the video finished playing the advertisement or ads came on and it woke up my whole house because the advertisement ads was so loud like 100% louder than the news videos.

cnn.com news have super loud ads for their videos

Happy Mother Day to all mothers around the world

I took my mom to the nearest buffet restaurant and look like the price doubled. Not surprise the food were way better, they have lobster and crabs and the food were super fresh. I believe today is a special day all around the world for mom, every you go you would notice mom mentioned, “happy mother day” and so on. “Mother Day special sale”, “free gift for mom”, even at church a rose were given out to each mother.

For me, I took my mom out for a buffet, then gave her 1ETH paper wallet. Off course she does not know what ETH (ethereum) cryptocoin is, but my simple definition is, “this is just like government bond certificate” and again off course she asked a bunch of questions and I answered and in end she said “ok”

happy mother day 2017 give mom crypto coins as gift

Ebay seller mosus.dyctqym scammers?

I just got a message from a close friend of mine. He was looking for a cheap amazon gift card to buy for his son’s birthday, $20 or so. He came across ebay and found a $13.99 amazon gift card that have $20 value. Immediately he didn’t even think about it could be a scammer, he purchased it. After the fact that he purchased the $20 amazon gift card for $13 he then realized it could be a scam. The more he research and look at it, he realized it 90% scam.

First of all, why would anyone sell $13 for a $20 item? while other amazon gift card on ebay goes for a lot higher value, example $20 for $25 cost. He then contacted the seller to cancel, seller did not respond. He create a cancel case, again the seller did not respond. The next day, the item marked as shipped. He then contacted the seller again and ask if messages cancellation was received, again no respond. So it’s pretty obvious this ebay seller mosus.dyctqym saw the message but not answering it, because seller is a scammer.

What can people do if come across this kind of scam activities? Ebay seller user mosus.dyctqym could be a real a person trying to sell stuff on ebay to make a few bucks or just doing some cleaning up garage sell online, but unfortunately the account might have been hacked. Or maybe intended to have some kind of hacking activity, or simply to add balance to the paypal account for sell screen shot to another hacker. The balance however probably not available for the user to use immediately. So chances are, anyone come across this activity, you can report to ebay or paypal, just call or contact them through messages. Tell paypal or ebay that you think the seller is a scammer because he/she did not respond and provide no tracking#. The more people report the better, this way will get paypal ebay to look into the issue faster. You will get your money back, but it will take time, because you may need to file not received item by the delivered by date.

Where to buy Fidget Spinners also known as Hand Spinners?

Quick answer: go to your local http://www.michaels.com/ store, go to your local dollarmart store, convenient store, but probably might need to call them first, just ask simple question “do you have fidget spinner yes/no then just hang up” . Most likely local mart store have it, walmart might not have it on the shelves yet but they will.

My quest to buy fidget spinners for my kids. This fidget spinners also known as many other names such as Tri Spinner, hand spinner and so on. There are also many variations as well.

OK let’s get to the point: where to buy it? Definitely not online or craigslist, letgo, although they have it for cheaper price but give either give you a run around or ask you to buy larger quantity and sometime email texting back and forth will be a total waste of time and on top of that if it’s broken you can’t really return for a new one that easy, it will be a hassle.