Thursday, November 30, 2017

Part 3 of 66 Leviticus: Litecoin


Bitcoin or Litecoin?

BUY LITECOIN!


I figured I would write that if you only wanted to read the first two words in this post.


If you would like a little more info on why litecoin is so much better than bitcoin look at my list of the top reasons you should buy LITECOIN over BITCOIN:


1. COST- Bitcoin costs $3-5 avg USD per transaction, LITECOIN only costs .001

2. SPEED- Bitcoin takes at least 10 minutes per block, litecoin only 2.5 mins per block.

3. FULL COIN CAPABILITY- Bitcoin will cost you over 9k per coin , litecoin is under 100 now.

4. ACCESS- bitcoin is limited to 21 million coins, Litecoin has 84 million.

5. ALGORITHM- Bitcoin uses the more inefficient SHA-256 method while Litecoin uses the faster more reliable Scrypt method.

6. CONFIRMATION TIMES- transaction speeds is 4-8x Bitcoin. Bitcoin is occasionally clogged up and delayed. Which causes further delay.


7.  VOLUME- Litecoin has more volume than Ripple Dash and Bitcoin. This will provide more liquidity long term for investors as well as visibility as the price continues to climb.


8.  REAL HUMAN BEHIND COIN- My absolute favorite- A real person is behind Litecoin. Charlie Lee created and released Litecoin in 2011. He has worked for coinbase and google this guy knows his stuff. And there is a central authority for this currency. I know there should be no center in blockchain. Well this is why I see the largest potential for litecoin over Bitcoin as a value position.

More investors will feel more comfortable putting money into a coin that has a real central person behind it. Similar to a company with a CEO. The whole Satashi Nokomoto pseudonym that Bitcoin is doing maybe revolutionary and more "pure blockchain" but that's doesn't sit well with conservative investors and that is where the real money is.

Getting even 1% of pension or institutional money would translate to TRILLIONS of dollars in the ICO market.

For these reasons and many more, I think LITECOIN is poised for tremendous growth and you can still afford to get a coin.

-Tom Petrucci

Wednesday, November 29, 2017

Part 2 of 66 Exodus: Get out of bitcoin while you still can...

I'm not saying don't buy Bitcoin, but you should at least know this....

Bitcoin is a revolutionary blockchain company one of the first and most mentioned in the media (though ripple pay did exist in 2004 but this is the first official blockchain).

Bitcoin was released on October 31,2008 by Satoshi Nakomoto with this elegant 9-page whitepaper. It's already considered the 5th revolution of the internet. I'm not going to go into deep into blockchain now. You might just be thinking about investing in bitcoin and I want to just quickly tell you something to look out for.

1. Satoshi Nakomoto doesn't exist. There is no person, no one has ever met him or directly talked to him. It could be a group of people it could be a woman. Yes, women can also create disruptive technologies #women #feminism.

2. Satoshi Nakomoto whoever this person or persons is owns 1 Million bitcoins!!!  Out of a total 21,000,000. 

3. Let me put that into perspective. The United States of Amerigo of which you and I and everyone love, is the absolute largest holder of Gold in the world at over 8,000 tons. The US has 4.8% of the total gold reserves. 4.8% of all the Gold in the world! (total gold about 180,000 tons.)

4. Satoshi Nakomoto with a million bitcoins owns 5% of all the bitcoins that will ever exist!

5. Satoshi owns more shares of bitcoin then the US owns a % of world gold.

Final point. I am not saying do not invest in bitcoin because of this. I think every business in 10 years will in some way be forced to incorporate or deal with blockchain. The same way businesses in 2000 could get by without a website but would now never want to and it's blatant to see the advantages of having one.

I am saying that Satoshi Natomoto or this group of people that has 1 billion bitcoins, at any moment can dump them all on the market. So if you do see the price drop that could be a reason.

That's it that's all I'm saying. Buy bitcoin buy crypto!

disclosure: I do own bitcoin, litecoin and ethereum.




Part 1 of 66 Genesis

What is this blog? Why are you reading me? How did you get here? Hey! Crypt Seeker here, this blog is here to give you the best info I can on only one exchange Binance.

I've worked for years for Nasdaq OMX and have dealt directly with regulatory compliance for public companies seeking or deep into an IPO. I know how to structure an S-1 (initial review of a company) Q-3 reports (companies quarterly statement), the 10-k (end of fiscal year statement) and the 8-k's in between (8-k's are any relevant info that happens to a company in between 10-Q's).

Now I've been pulled into the blockchain industry with Graffiti Creative Group as their compliance advisor. I have read 100's of blockchain whitepapers and spoken directly to the top people in this industry. I know this industry and I know how to make you money!

Ok, now that you know who I am and my experience let me tell you what this blog is. Crypt Seeker looks for the very best blockchain cryptocurrencies in an attempt to make you the most money possible.

I also want to explain what blockchain is and why people are scrambling to get into this industry. So keep coming back checking out the Crypt Seeker.