Crypto Blog | GME | Bitcoin - JaredSchlar.com

The Bitcoin (BTC) vs Bitcoin Cash (BCH) has been raging since last summer. While BTC continues to get more media attention, things could change very soon (as I’m sitting here typing this, BCH is up 13%). Today I’m going to give you 3 good reasons why you WILL regret ignoring BCH— and, no transaction speed isn’t one of them. Look, it’s already been established that Bitcoin Cash is superior to BTC for use as an everyday currency. The transaction speeds are incomparable, and with the upgrade to 32MB blocks coming in May, it’s only going to get better. There simply is no debate anymore; despite all the hype surrounding the Lightening Network, BTC still has not caught up to BCH in terms of practicality as a digital currency. The transaction speed war is over, and Bitcoin Cash won. Now that we’ve got that out of the way, there are 3 more reasons why you should not be sleeping on BCH: Memo.cash Now this is an interesting one… Memo  is basically a blockchain-based social media platform. It fu

It’s tax time, and many Americans are waking up to the harsh reality of the gains on their crypto trades. The process is complicated, confusing, and costly. Everything from bitcoin purchases to airdrops are subject to capital gains tax, and the Internal Revenue Service (IRS) is lighting a fire under holders to collect what is owed. In November , federal regulators ordered Coinbase to release records of users that had more than $20,000 in transactions between 2013-2015, impacting more than 14,000 traders. It is no wonder crypto traders are looking for alternatives. One group of crypto entrepreneurs, led by Brock Pierce of the Bitcoin Foundation, headed to Puerto Rico to escape some of the tax drama of the mainland. Their plan? To build a crypto-utopia. And the process has already begun. Currently, the group, which they’ve named Sol, has already started the process of searching for properties on the island. “The Monastery,” a 20,000 square foot hotel the group has rented out, acts as S

The world was taken by surprise this past week when BTC surged above $8000 for the first time in weeks. On 4/12/18, BTC shot up an incredible $1000 in only 30 minutes, one of the fastest price increases ever recorded in such a timeframe. Currently, the price hovers just under 8k, and the crypto space is on fire with speculation that the long bear market is finally over. But are we really out of the woods? Let’s examine what may have caused this recent spike, and determine whether it’s time to pop the champagne and celebrate, or if this all just a mirage before yet another drop. First, what happened on 4/12? There are a couple different theories about what triggered this. In no particular order, they include: Institutional money getting in on the game: world renowned firms like Soros Fund Management have announced this past week that it will begin trading cryptocurrencies, in spite of Soros himself dismissing cryptocurrencies are recently as January. Venrock (the venture capital fund o

Chain Death Cryptocurrencies have struggled to gain their footing in 2018 following a barrage of regulatory concerns, hacks, and high-profile scams. While many headlines suggest that this is the beginning of the end for cryptos, the tremendous amount of institutional wealth flowing into the space suggests otherwise. It may get much worse though, before it gets better.   Still, it is important for any investor to recognize the hurdles ahead. Many cryptocurrencies, including King Bitcoin, still face blockchain destroying vulnerabilities. While the recent additions of the Lightning Network and SegWit removed some of the most daunting concerns of a potential ‘Chain Death,’ the threat still exists, and it’s more than just Bitcoin at risk. Bitcoin vs. Bitcoin Cash Last year’s Chain Death Spiral fears stemmed from the battle between Bitcoin and the Bitcoin Cash hard fork / airdrop. Following the August fork, miners migrated between the two coins, testing the profitability of each. As miners

I recently read an article titled “Why America Can’t Regulate Bitcoin”. It literally blew my mind. I will provide a brief summary of the contents but the reader should read the entire article to understand just how accurate the author is - https://twitter.com/Beautyon_ and how much diligence and research into case law was performed. Basically, the reason you can’t regulate Bitcoin is because it is hexadecimal code which is just text. This code and the blockchain can be printed on paper, if desired. The text is protected by Freedom of Speech in the US Constitution. In order to regulate Bitcoin you have to remove the First Amendment. This article references case law which was proven in courts in the United States that Bitcoin is not money and judges had to throw out money laundering cases using Bitcoin because it’s not money. At some point soon we may see exchanges denominate Bitcoin as zero dollars since it is not money.   Interested in learning more? Explore our  Connecticut SEO Agen

There is an ongoing debate about Bitcoin and its utility value. The answer to the question “What is my Bitcoin net worth” is ZERO because I don’t own Bitcoin (BTC). I’m a big proponent for Bitcoin Cash (BCH). If you like friction, buy Bitcoin (BTC). Google “Bitcoin High Fee Coin” and you will get tons of information. There is not enough time for that discussion in this article. Also, view this link for a great comparison of Bitcoin Legacy vs Bitcoin Cash: I like Bitcoin Cash (BCH) and EOS (EOS) because I believe they enable freedom, equality and world peace. Although today BCH may not have as many network effects as Bitcoin (BTC), it is growing fast in all regards. Not to mention Dr. Craig Wright has publicly stated that Bitcoin Cash is patenting everything. In a perfect open world, patents may not be ideal but if it is nChain that owns the patents versus a big bank, I sleep well knowing nChain already thought of future scaling problems and markets. nChain is proposing a crypto bank th

 New Premium Content Project About Bitcoin Cash by Strategies SEO.   I'm working on writing a fresh piece about "Why Bitcoin Cash Will Win". If you want to add input about $BCH or contribute feel free to visit the link above. Thank you! — Jared Schlar (@jaredsc) January 12, 2018 Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

Roger Ver aka Bitcoin Jesus goes on CNBC Fast Money and talks about where Bitcoin is going. Video has since been deleted. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

I have some information as to why Bitcoin Cash will win in the end. This information is not widely known so I apologize but you will have to purchase the content. After all this is Yours. It gets into an economic theory and some other information... I am a regular contributor to Yours and have a good reputation. Congrats if you bought early. Now I'm raising the price to complete with Rivers and Mountains. His pricing model makes sense. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

I'm going to take some heat for this post. But I'm going to post it anyways. Bitcoin Cash (BCH) - Platinum Ethereum (ETH) - Diamond Litecoin (LTC) - Silver Bitcoin Legacy - Bronze There are probably some other great examples. Feel free to message me with your ideas.   Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

I'm conducting a Twitter poll right now regarding the Legacy Bitcoin odds of a chain spiral of death. Please complete the Twitter poll. It's free. Thank you! This post is no longer live. "I'm thinking about getting back into $BTC. What are the odds of a chain spiral of death?" — Jared Schlar (@jaredsc) November 21, 2017 The results are in and out of 728 votes, 29% of people said there was no likelihood of a chain spiral of death. Versus 71% said there is some odds of a chain spiral of death. View the image for exact details. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

As I have touched on in a previous post there are several known risks with Bitcoin Legacy aka Bitcoin Core right now. You can read my previous post here: https://www.jaredschlar.com/2017/11/now-that-bitcoin-segwit2x-fork-passed.html Bitcoin Legacy has some problems: Bitcoin Legacy - Chain Death Spiral. If you want to read more about this potential problem from an expert visit - https://bitcoinandtheblockchain.blogspot.com/2017/08/chain-death-spiral-fatal-bitcoin.html Bitcoin Legacy - Severe network congestion. There are about 58MB in the pool right now for Bitcoin Legacy vs Bitcoin Cash which is .1MB. Bitcoin Legacy - Civil War with BCH and other contentious groups. There may be another fork coming in January. We shall see. This brings up a good point which is unless you are 100% confident in holding one coin, it’s best to diversify into multiple coins. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original

This is a great video which discusses the future of Bitcoin, Ethereum and ICOs. The most interesting part is at the 1 hour mark where Craig Wright explains some of the future technology which will exist in Bitcoin Cash or does already. I was super impressed after watching it and suggest you do the same. 1GB blocks are not the end goal. Block size will get bigger and bigger over time. Hard forks will become the norm, not shunned. According to Craig Wright in the video, hard forks occurred all the time in early days of Bitcoin. The way you determine if new changes to the software will work is by testing. In the end, the market will decide which coin to value the highest not influencers. Economics still works as long as the data sources are not corrupt. The video is no longer available. You will be glad you did.   Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this pos

Now that the Bitcoin Segwit2x fork has passed, Coinbase has unlocked trading of BTC again. There may be some selling off of Bitcoin (BTC). It is unlikely to get (B2X) coins right now according to Coinbase. Bitcoin (BTC) has some problems: BTC - Chain spiral of death. BTC - Severe network congestion. BTC - Civil War with BCH and other contentious groups. Ethereum (ETH) and Bitcoin Cash are looking pretty good right now. Bitcoin Cash (BCH) is currently 25% more profitable to mine then Bitcoin (BTC).   Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

Based on my sources the reason for the BCH dump today is because GBTC started selling their BCH holdings to pay a dividend to shareholders. Their goal is to sell about 170,000 BCH over time. This will end eventually as it was based on the holdings of GBTC after the August 1st fork. Everybody keep calm and be patient. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

It is my understanding that the Bitcoin Segwit2x (B2X) still has a small probability of happening. This is because a faction of miners still believes in it despite the major market players calling it cancelled. This would enable protection for Bitcoin (BTC) owners who are susceptible to chain spiral of death due to Bitcoin Cash (BCH). Since BTC has no Emergency Difficulty Adjustment, if there is another crazy spike in Bitcoin Cash (BCH), which in my opinion is likely, all buyers of Bitcoin (BTC) after the August 1 Bitcoin Cash (BCH) fork have no protection. This is a big deal because many people new to Bitcoin (BTC) may have invested large sums of money with no understanding that it could go to zero. We will see if this hard fork occurs around tomorrow or not. It is very exciting times to be involved in crypto currencies. It’s probably a good idea to have at least some exposure to Bitcoin Cash (BCH) to ensure that you have some diversification in the event of another black swan. In the

Based on recent news I am more bullish on Bitcoin Cash than ever before. Just recently the CME chairman announced that Bitcoin futures will be listed as early as next month. According to a prominent crypto VC, this news signifies that Bitcoin will be able to be shorted. This is a large problem if you have (BTC) because Wall Street and Crypto Valley are not yet on the same page. I can envision large market forces attempting to damage (BTC). Luckily, if you have Bitcoin Cash (BCH), this is not a problem. Some of the same forces that short (BTC) may actually long (BCH) which may result in another huge pump. Roger Ver is likely transitioning more of his 300,000 BTC into Bitcoin Cash. Keep in mind Bitcoin Cash has only been live since August 1st 2017 and has already bulged to the second highest network cap in crypto. This is not by error. Additionally, Mike Novogratz has been buying Bitcoin over the weekend. He is likely responsible for the uptick in price as his firm bought $15-$20 Million

Bitcoin (BTC) hash rate just dropped 50% nearly overnight. It's currently 70.3% more profitable to mine Bitcoin Cash instead of BTC. Bitcoin (BTC) fees rising. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

Since Segwit activation on 23 August, the Segwit2X team had endured 2 months of relentless bashing from the small blockers , all the while remaining mostly silent. So what happened between October 26 and November 8? It can't be for the lack of consensus which was the reason given. They already knew there was never going to be consensus. Something unexpected happened, causing them to push the "kill" switch. What was it? The full article is no longer available. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!