How You Can Still Make Money on Cryptocurrencies (with Little or No Money)

Finshaggy

Well-Known Member
Someone asked me a few Bitcoins related things the other day, so I am going to explain for everyone. IF YOU READ THIS IT WILL HELP YOU MAKE MONEY WITH CRYPTOCURRENCIES IF YOU DON'T ALREADY KNOW HOW AND DON'T HAVE A LOT OF MONEY TO INVEST.

Ok, so I am going to go fast with this so that you can get a lot of information without reading a lot. First, there are Altcoins, not just Bitcoin. Bitshares is an Altcoin, and it was created by Dan and Ned and the "Bitshares Team". Bitshares is a Coin that when you buy it, it has a website attached to it. And it's Blockchain (Blockchain being all the customer transactions made by you and others, as well as all the people mining; and all that information of all that happening going onto a Ledger or into a Book or Docket. That is the Blockchain, like how people say that a company "Cooks the Books", no one can Cook Bitcoin's Books because it's just all on the Blockchain. So on Bitshares' Blockchain they have a Website called OpenLedger, which is a trading platform. On that trading platform people can create a new Coin (Actually called a Bitshares Asset or "User Issued Asset" UIA) which is a Coin you can create by spending $11,000 in Bitshares on the OpenLedger website to launch a new Asset/UIA. UIAs are different than coins because they are not mined and the person who created them has complete control, and can distribute it like stock, or like concert tickets, or as a representation of some item they can redeem in the future; and people can go and trade these UIAs on the Bitshares platform. There is something called an ICO, Initial Coin Offering, in an ICO a UIA is created and sold for super cheap (maybe 1 penny or 10 cents or 1 dollar each) then it is bought back by the UIAs creator for 2x or 10x the amount or more. This is a good way to make money in the Cryptocurrency world right now, and you can do it by going to Bitsharestalk.org and going to the UIA section and getting involved.

Then there is Steemit. This is really why I wanted to make this post, because I want to explain how Steemit really works for someone on the outside to understand what is happening in the background, instead of just the day to day stuff. Steemit is like Reddit, but for a Coin (not a UIA) called STEEM. STEEM was created by the same people who created Bitshares (Dan and Ned), if you Google right now "Dan Steemit", then "Ned Steemit", then "DanTheMan Steemit", and whatever other accounts they have right now and you look at their Wallets, their Steemit accounts are each worth Millions and Millions of Dollars, and they have already withdrawn Millions and Millions of Dollars from those accounts. Now stay with me because I am going to go on a tangent, so that I can tie all this together. Most Coins (not UIAs) are PoW which means Proof of Work, and means that you mine the coin in order to get it. Then there are PoS, which is Proof of Stake, which is where you buy a coin and put it in your wallet, and instead of being mined, it is minted like interest. It looks like interest in your wallet, but really it is brand new coins. STEEM and Steemit are DPoWS, or Delegated Proof of Work and Stake, the Delegated part is because in Steemit you Vote. There are 2 forms of Voting in Steemit, in Steemit you can (Voting Type 1) vote for Witnesses (Which is like voting for Congress, I will explain it in more detail) or and you can (Voting Type 2) vote on other people's posts like on Reddit, or similar to a Facebook Like, or Twitter Like, or Instagram like, except that "Like", that Vote, is worth money. You don't give someone your money, STEEM is minted and given to them because you voted on them (that is Voting Type 2). Voting Type 1 is where you vote for Witnesses. A Witness is a person who has a computer that can handle keep a node open for everyone to connect to Steemit; and they also have to check that it is working and check out a few things on the network a few times a day, hence the name "Witness". Steemit and OpenLedger are both run the same way; Steemit is on the STEEM Blockchain, OpenLedger is on the Bitshares Blockchain, and when you Vote for a Witness they have the opportunity to hold open a Node for everyone, which holds up Steemit. Then they mine STEEM, and only they can mine STEEM, no one else can mine STEEM (Delegated Proof of Work). But as they mine 100% of the STEEM, most of it goes to paying people for Voting Type 2. So they keep everything working for everyone. And all the Witnesses and Dan and Ned and everyone are on Bitsharestalk.org. Then there is the Proof of Stake part of STEEM. Once you get Votes on your Steemit post through Voting Type 2, 50% is paid in STEEM Dollars which are liquid, and 50% is paid in STEEM Power which is not liquid, but gains 90% interest the first year. You can watch your interest grow by waiting 5 seconds and refreshing. Another way to use this part is to buy STEEM and then put it on your account, which allows you to gain interest and Vote higher on other people's posts, etc. You just have to make sure if you do that that you buy STEEM when it is low so you get the most STEEM for your money.

And if anyone is wondering how to get from Cash into all of this, just go to Coinbase; they are completely trustworthy and you just hook up your Bank or Card and buy Bitcoins and you get them in the next few days. You can also sell Bitcoins there and have it direct deposited a few days later. Then go to a Website like Bittrex and sell the Bitcoins for STEEM or Bitshares or whatever, then go to Steemit.com or OpenLedger.io or wherever, and make some money.
 

Finshaggy

Well-Known Member
Weed is still not legal in Texas.
I don't care about Medical or Recreational, I am only concerned with Religious. And now that this Law exists, yes, Religious Marijuana is Legal in Texas.

And I already got a Prosecutor in Collin County Texas to drop off a case with this argument, so it works.

Gonzales V O Centro is the basic structure of the Argument.
 

Finshaggy

Well-Known Member
Bring me someone who has been arrested for Marijuana in Texas who says it is their Religion and I will prove that it is legal in Texas. I already did it with my case, I can do it with someone else's if you guys need more proof and can provide a case for me to show you with.
 

Finshaggy

Well-Known Member
This thread is about Bitcoins though.

Go look for my "Jail Gets a Bad Rap" thread or something like that if you want to talk about the Law.
 

Finshaggy

Well-Known Member
I'm kind of tired of proving things to you guys over and over and over, so I am just going to start referring you guys to old threads where I proved you wrong, so you can all stop coming into my threads acting like you have ever in your life won an argument with me.
 

Finshaggy

Well-Known Member
Just thought I would point out again, I have literally never in my life been in Public and had anyone be like "Hey, FUCK YOU!" or anything like that. And I go to crowded places a lot, so I am pretty sure there are plenty of people who know who I am online and have seen me in Public.

And when I went to the 4/20 Rally, the 1 time (when 3 people got shot, and they banned it until next year) I know for a fact that people from this website were at a place that I was, everyone was coming up to me asking to take Pictures and stuff because they knew who I was.

So I don't even think you guys know what you think about me. You are crazy people.
 

Finshaggy

Well-Known Member
And btw, only 6 Million people live in Colorado, and I go to Dispensaries a lot. So there's no way none of you have never in your life had an opportunity to be anything but keyboard warriors, but you never do.
 

Singlemalt

Well-Known Member
Just thought I would point out again, I have literally never in my life been in Public and had anyone be like "Hey, FUCK YOU!" or anything like that. And I go to crowded places a lot, so I am pretty sure there are plenty of people who know who I am online and have seen me in Public.

And when I went to the 4/20 Rally, the 1 time (when 3 people got shot, and they banned it until next year) I know for a fact that people from this website were at a place that I was, everyone was coming up to me asking to take Pictures and stuff because they knew who I was.

So I don't even think you guys know what you think about me. You are crazy people.
LOL. So, an annual 4/20 rally has started, 3 people get shot and the rally is banned until next year at 4/20? LOL
 

Finshaggy

Well-Known Member
LOL. So, an annual 4/20 rally has started, 3 people get shot and the rally is banned until next year at 4/20? LOL
Yeah, it was a big Rally Organized by Tiny Martinez and Miguel Lopez, and I was in Pueblo at the time and I was about to move to Denver; so I had created a Facebook event advertising the Rally, so that people in Pueblo and in Texas (where I also know a lot of people) could go to the Rally.

Miguel Lopez contacted me and was mad that my Facebook event was the Largest event on Facebook advertising his rally, because it was Interstate. So he asked me to changed my Job Title on Facebook to "Pueblo Regional Rally Promoter" or something like that; and I didn't take it that seriously, so I didn't change it. But then when I went to the rally everyone knew who I was, and was asking to take pictures with me. And when they were on the stage, someone yelled "Give him his lip service!" to the Organizers.

And then 3 people got shot at like 5:30, after they lied at 5:00 about Swisher House Rappers being on the stage (not sure if the shooting was related, but it was more like someone shooting up a club than it was like a school shooter).

Everyone ran away and left a bunch of Weed, and Bongs, and Pipes, and Joints, and everything, so people that stayed behind got a lot of stuff. But there was also a lot of Trash. And they banned it for like 3 or 4 years because of the Trash. :lol: 3 people get shot, and they never find the shooter, and they claim that Trash was the issue there. :lol:
 

Singlemalt

Well-Known Member
Yeah, it was a big Rally Organized by Tiny Martinez and Miguel Lopez, and I was in Pueblo at the time and I was about to move to Denver; so I had created a Facebook event advertising the Rally, so that people in Pueblo and in Texas (where I also know a lot of people) could go to the Rally.

Miguel Lopez contacted me and was mad that my Facebook event was the Largest event on Facebook advertising his rally, because it was Interstate. So he asked me to changed my Job Title on Facebook to "Pueblo Regional Rally Promoter" or something like that; and I didn't take it that seriously, so I didn't change it. But then when I went to the rally everyone knew who I was, and was asking to take pictures with me. And when they were on the stage, someone yelled "Give him his lip service!" to the Organizers.

And then 3 people got shot at like 5:30, after they lied at 5:00 about Swisher House Rappers being on the stage (not sure if the shooting was related, but it was more like someone shooting up a club than it was like a school shooter).

Everyone ran away and left a bunch of Weed, and Bongs, and Pipes, and Joints, and everything, so people that stayed behind got a lot of stuff. But there was also a lot of Trash. And they banned it for like 3 or 4 years because of the Trash. :lol: 3 people get shot, and they never find the shooter, and they claim that Trash was the issue there. :lol:
And a good time was had by all. Any good premium glass left behind?
 
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