VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS24.05%
Net Worth
0.284USD
STEEM
0.000STEEM
SBD
0.515SBD
Effective Power
5.010SP
├── Own SP
0.637SP
└── Incoming DelegationsDeleg
+4.373SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.637SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.373SP | SP |
| Effective Power | 5.010SP | SP |
| Reward SP (pending) | 0.241SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.515SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "1035.189556 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7108.470250 VESTS",
"sbd_balance": "0.000 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.515 SBD",
"conversions": []
}Account Info
| name | richardkain |
| id | 201864 |
| rank | 1,022,063 |
| reputation | 1063449879 |
| created | 2017-06-17T03:44:15 |
| recovery_account | steem |
| proxy | None |
| post_count | 6 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2017-06-18T01:46:03 |
| last_root_post | 2017-06-17T20:16:42 |
| last_vote_time | 2017-06-25T17:07:09 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 1035.189556 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7108.470250 VESTS |
| reward_vesting_balance | 498.749733 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2017-06-17T20:32:12 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 201864,
"name": "richardkain",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8Yf1Gs9eG26Xi7TtEkoCp7DrWgrwvXxkgvBs1cbjYTkZ8QHgRy",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8EnKDKLtRHMsY49AYkXNLGCuAhWyHjLKzwprKUnpvV2fNpPwem",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8TrPmCjyivET4bSAsUvDsXm9fun6CP9mv2XNDEoFmZMhSdTRUk",
1
]
]
},
"memo_key": "STM6UN2uGQvGtz3drA5VfiW358EVCPUvoWNr2QzhWcJDwzuCUE5yh",
"json_metadata": "{\"profile\":{\"profile_image\":\"https://pbs.twimg.com/profile_images/635701460664102912/K_QptxCq_400x400.jpg\"}}",
"posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://pbs.twimg.com/profile_images/635701460664102912/K_QptxCq_400x400.jpg\"}}",
"proxy": "",
"last_owner_update": "1970-01-01T00:00:00",
"last_account_update": "2017-06-17T20:32:12",
"created": "2017-06-17T03:44:15",
"mined": false,
"recovery_account": "steem",
"last_account_recovery": "1970-01-01T00:00:00",
"reset_account": "null",
"comment_count": 0,
"lifetime_vote_count": 0,
"post_count": 6,
"can_vote": true,
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779082920
},
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779082920
},
"voting_power": 0,
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.000 SBD",
"sbd_seconds": "0",
"sbd_seconds_last_update": "1970-01-01T00:00:00",
"sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"reward_sbd_balance": "0.515 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "498.749733 VESTS",
"reward_vesting_steem": "0.241 STEEM",
"vesting_shares": "1035.189556 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7108.470250 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"withdrawn": 0,
"to_withdraw": 0,
"withdraw_routes": 0,
"curation_rewards": 0,
"posting_rewards": 482,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 0,
"last_post": "2017-06-18T01:46:03",
"last_root_post": "2017-06-17T20:16:42",
"last_vote_time": "2017-06-25T17:07:09",
"post_bandwidth": 0,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": 1063449879,
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [],
"tags_usage": [],
"guest_bloggers": [],
"rank": 1022063
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
steemdelegated 4.373 SP to @richardkain2026/05/18 05:42:00
steemdelegated 4.373 SP to @richardkain
2026/05/18 05:42:00
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 7108.470250 VESTS |
| Transaction Info | Block #106149955/Trx 167cecb2134780822f64f361aa76c87a79894ad5 |
View Raw JSON Data
{
"trx_id": "167cecb2134780822f64f361aa76c87a79894ad5",
"block": 106149955,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-18T05:42:00",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "7108.470250 VESTS"
}
]
}steemdelegated 2.705 SP to @richardkain2026/05/13 01:58:30
steemdelegated 2.705 SP to @richardkain
2026/05/13 01:58:30
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 4396.259845 VESTS |
| Transaction Info | Block #106002212/Trx d54ef4abdb2acab2f65a84941fcdb3dfac9ee36c |
View Raw JSON Data
{
"trx_id": "d54ef4abdb2acab2f65a84941fcdb3dfac9ee36c",
"block": 106002212,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-13T01:58:30",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "4396.259845 VESTS"
}
]
}steemdelegated 4.381 SP to @richardkain2026/04/26 04:54:39
steemdelegated 4.381 SP to @richardkain
2026/04/26 04:54:39
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 7120.986006 VESTS |
| Transaction Info | Block #105517456/Trx 66d0b7dbe648cd071b07f52670a76dd1c2da5d19 |
View Raw JSON Data
{
"trx_id": "66d0b7dbe648cd071b07f52670a76dd1c2da5d19",
"block": 105517456,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-04-26T04:54:39",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "7120.986006 VESTS"
}
]
}steemdelegated 2.730 SP to @richardkain2026/01/23 22:27:09
steemdelegated 2.730 SP to @richardkain
2026/01/23 22:27:09
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 4437.806664 VESTS |
| Transaction Info | Block #102869364/Trx a2a01632f518fa555b707e677343f068265533bb |
View Raw JSON Data
{
"trx_id": "a2a01632f518fa555b707e677343f068265533bb",
"block": 102869364,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-01-23T22:27:09",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "4437.806664 VESTS"
}
]
}steemdelegated 2.831 SP to @richardkain2024/12/17 17:37:45
steemdelegated 2.831 SP to @richardkain
2024/12/17 17:37:45
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 4602.025861 VESTS |
| Transaction Info | Block #91315589/Trx 2eef3500c47b3268b2e7740a8442b3f77d4dc1dc |
View Raw JSON Data
{
"trx_id": "2eef3500c47b3268b2e7740a8442b3f77d4dc1dc",
"block": 91315589,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2024-12-17T17:37:45",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "4602.025861 VESTS"
}
]
}steemdelegated 2.935 SP to @richardkain2023/11/14 09:19:00
steemdelegated 2.935 SP to @richardkain
2023/11/14 09:19:00
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 4771.159393 VESTS |
| Transaction Info | Block #79869739/Trx 215598a15bf643246a6e5232d889664837e2da7b |
View Raw JSON Data
{
"trx_id": "215598a15bf643246a6e5232d889664837e2da7b",
"block": 79869739,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-11-14T09:19:00",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "4771.159393 VESTS"
}
]
}steemdelegated 4.742 SP to @richardkain2023/09/22 09:41:48
steemdelegated 4.742 SP to @richardkain
2023/09/22 09:41:48
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 7708.068179 VESTS |
| Transaction Info | Block #78362034/Trx 9848f3ebefaa8844654ebd105ca2893ca1a8fe0d |
View Raw JSON Data
{
"trx_id": "9848f3ebefaa8844654ebd105ca2893ca1a8fe0d",
"block": 78362034,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-09-22T09:41:48",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "7708.068179 VESTS"
}
]
}steemdelegated 4.879 SP to @richardkain2022/11/03 17:14:48
steemdelegated 4.879 SP to @richardkain
2022/11/03 17:14:48
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 7930.119617 VESTS |
| Transaction Info | Block #69119881/Trx 828551b7cb2278d22d8fef4cec8bf5066fa6b2ea |
View Raw JSON Data
{
"trx_id": "828551b7cb2278d22d8fef4cec8bf5066fa6b2ea",
"block": 69119881,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-11-03T17:14:48",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "7930.119617 VESTS"
}
]
}steemdelegated 5.014 SP to @richardkain2022/01/17 22:30:12
steemdelegated 5.014 SP to @richardkain
2022/01/17 22:30:12
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 8150.227218 VESTS |
| Transaction Info | Block #60823199/Trx a030771ccb10e3b845fe9642bfbe769383eb8dce |
View Raw JSON Data
{
"trx_id": "a030771ccb10e3b845fe9642bfbe769383eb8dce",
"block": 60823199,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-01-17T22:30:12",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "8150.227218 VESTS"
}
]
}steemdelegated 5.127 SP to @richardkain2021/06/14 05:42:39
steemdelegated 5.127 SP to @richardkain
2021/06/14 05:42:39
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 8334.421506 VESTS |
| Transaction Info | Block #54613557/Trx 6f86d40f671dad1e80e87c72bfb312d991ae6057 |
View Raw JSON Data
{
"trx_id": "6f86d40f671dad1e80e87c72bfb312d991ae6057",
"block": 54613557,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2021-06-14T05:42:39",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "8334.421506 VESTS"
}
]
}steemdelegated 5.243 SP to @richardkain2020/12/11 15:55:24
steemdelegated 5.243 SP to @richardkain
2020/12/11 15:55:24
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 8521.843480 VESTS |
| Transaction Info | Block #49360836/Trx 1374c2f741a4745e0d880ef5ef41e0576815ed71 |
View Raw JSON Data
{
"trx_id": "1374c2f741a4745e0d880ef5ef41e0576815ed71",
"block": 49360836,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-11T15:55:24",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "8521.843480 VESTS"
}
]
}steemdelegated 1.177 SP to @richardkain2020/12/06 09:31:24
steemdelegated 1.177 SP to @richardkain
2020/12/06 09:31:24
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49212366/Trx d059c8e36aaf03b704ba2f61537d07cf665f423c |
View Raw JSON Data
{
"trx_id": "d059c8e36aaf03b704ba2f61537d07cf665f423c",
"block": 49212366,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-06T09:31:24",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "1912.543513 VESTS"
}
]
}steemdelegated 5.247 SP to @richardkain2020/12/05 19:33:21
steemdelegated 5.247 SP to @richardkain
2020/12/05 19:33:21
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 8528.051334 VESTS |
| Transaction Info | Block #49195923/Trx 608fde0e776f5f34e4e1948ed87f9141eb9a0cf6 |
View Raw JSON Data
{
"trx_id": "608fde0e776f5f34e4e1948ed87f9141eb9a0cf6",
"block": 49195923,
"trx_in_block": 5,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-05T19:33:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "8528.051334 VESTS"
}
]
}steemdelegated 1.181 SP to @richardkain2020/11/03 01:39:09
steemdelegated 1.181 SP to @richardkain
2020/11/03 01:39:09
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 1920.017158 VESTS |
| Transaction Info | Block #48269591/Trx 0af28e63af0de955ab2c4bc07396a0e11ab93fd4 |
View Raw JSON Data
{
"trx_id": "0af28e63af0de955ab2c4bc07396a0e11ab93fd4",
"block": 48269591,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-11-03T01:39:09",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "1920.017158 VESTS"
}
]
}steemdelegated 5.371 SP to @richardkain2020/05/09 10:33:54
steemdelegated 5.371 SP to @richardkain
2020/05/09 10:33:54
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 8730.856693 VESTS |
| Transaction Info | Block #43222685/Trx 341c3c95997394cfd8f0e46ecd62532e29db0a6a |
View Raw JSON Data
{
"trx_id": "341c3c95997394cfd8f0e46ecd62532e29db0a6a",
"block": 43222685,
"trx_in_block": 17,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-09T10:33:54",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "8730.856693 VESTS"
}
]
}steemdelegated 1.202 SP to @richardkain2020/05/08 14:53:30
steemdelegated 1.202 SP to @richardkain
2020/05/08 14:53:30
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43199640/Trx 513113f5bf35f2e0976c3b6f92b8b082170518cc |
View Raw JSON Data
{
"trx_id": "513113f5bf35f2e0976c3b6f92b8b082170518cc",
"block": 43199640,
"trx_in_block": 10,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-08T14:53:30",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "1953.311140 VESTS"
}
]
}steemdelegated 5.379 SP to @richardkain2020/04/16 02:56:54
steemdelegated 5.379 SP to @richardkain
2020/04/16 02:56:54
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 8743.744141 VESTS |
| Transaction Info | Block #42568750/Trx f5f230ecc0f60308103f7639c01436ccccd2cbba |
View Raw JSON Data
{
"trx_id": "f5f230ecc0f60308103f7639c01436ccccd2cbba",
"block": 42568750,
"trx_in_block": 10,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-04-16T02:56:54",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "richardkain",
"vesting_shares": "8743.744141 VESTS"
}
]
}2019/06/17 04:30:15
2019/06/17 04:30:15
| parent author | richardkain |
| parent permlink | amazon-whole-foods-and-rebecca-lynn-s-may-24th-churchill-club-prediction |
| author | steemitboard |
| permlink | steemitboard-notify-richardkain-20190617t043015000z |
| title | |
| body | Congratulations @richardkain! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@richardkain/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@richardkain) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=richardkain)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| Transaction Info | Block #33868809/Trx 658b3a43f2a0f6d16a3dd1a4468e96bb1c60d681 |
View Raw JSON Data
{
"trx_id": "658b3a43f2a0f6d16a3dd1a4468e96bb1c60d681",
"block": 33868809,
"trx_in_block": 6,
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"permlink": "steemitboard-notify-richardkain-20190617t043015000z",
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"body": "Congratulations @richardkain! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@richardkain/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@richardkain) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=richardkain)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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}steemdelegated 5.500 SP to @richardkain2019/05/12 20:03:57
steemdelegated 5.500 SP to @richardkain
2019/05/12 20:03:57
| delegator | steem |
| delegatee | richardkain |
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}steemdelegated 5.622 SP to @richardkain2018/05/16 23:59:36
steemdelegated 5.622 SP to @richardkain
2018/05/16 23:59:36
| delegator | steem |
| delegatee | richardkain |
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}steemdelegated 18.266 SP to @richardkain2018/01/09 06:54:57
steemdelegated 18.266 SP to @richardkain
2018/01/09 06:54:57
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 29689.982460 VESTS |
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}steemdelegated 18.420 SP to @richardkain2017/08/04 05:18:39
steemdelegated 18.420 SP to @richardkain
2017/08/04 05:18:39
| delegator | steem |
| delegatee | richardkain |
| vesting shares | 29940.810444 VESTS |
| Transaction Info | Block #14271450/Trx 165b265b5d75d0e6b1192e903134d3739dd78fa1 |
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}2017/07/17 06:11:27
2017/07/17 06:11:27
| parent author | richardkain |
| parent permlink | re-conradhann-hodl-siacoin-sc-20170617t203400747z |
| author | berahazar |
| permlink | re-richardkain-re-conradhann-hodl-siacoin-sc-20170717t061044061z |
| title | |
| body | @@ -51,17 +51,17 @@ ing to h -u +o ddle you @@ -85,8 +85,26 @@ es raise + shortened to hodl |
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}2017/07/17 06:10:45
2017/07/17 06:10:45
| parent author | richardkain |
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| author | berahazar |
| permlink | re-richardkain-re-conradhann-hodl-siacoin-sc-20170717t061044061z |
| title | |
| body | It come from huddle but with a twist basically saying to huddle your coins till prices raise |
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}richardkainfollowed @aj49robertson2017/06/25 17:07:12
richardkainfollowed @aj49robertson
2017/06/25 17:07:12
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2017/06/25 17:07:09
| voter | richardkain |
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richardkainreceived 0.515 SBD, 0.307 SP author reward for @richardkain / re-jamesbrown-re-richardkain-re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170618t014603849z
2017/06/25 01:46:03
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2017/06/18 19:56:51
| voter | jamesbrown |
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2017/06/18 01:46:03
| parent author | jamesbrown |
| parent permlink | re-richardkain-re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170617t225942937z |
| author | richardkain |
| permlink | re-jamesbrown-re-richardkain-re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170618t014603849z |
| title | |
| body | I appreciate the thoughtful response. To be clear I believe technical patterns are possible in immature and small markets - and cryptocurrencies are among them. Back in the (2014) day there was an [MIT Paper](http://news.mit.edu/2014/mit-computer-scientists-can-predict-price-bitcoin) no less that showed extraordinary gains albeit with a very small unit size. Good luck with your trades thanks for sharing. |
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"body": "I appreciate the thoughtful response. To be clear I believe technical patterns are possible in immature and small markets - and cryptocurrencies are among them. Back in the (2014) day there was an [MIT Paper](http://news.mit.edu/2014/mit-computer-scientists-can-predict-price-bitcoin) no less that showed extraordinary gains albeit with a very small unit size. Good luck with your trades thanks for sharing.",
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}richardkainfollowed @jamesbrown2017/06/18 01:43:00
richardkainfollowed @jamesbrown
2017/06/18 01:43:00
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2017/06/18 01:33:51
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2017/06/18 01:33:39
| voter | richardkain |
| author | conradhann |
| permlink | re-richardkain-re-conradhann-hodl-siacoin-sc-20170617t210630190z |
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}2017/06/17 23:41:21
2017/06/17 23:41:21
| parent author | richardkain |
| parent permlink | re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170617t203122354z |
| author | jamesbrown |
| permlink | re-richardkain-re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170617t225942937z |
| title | |
| body | @@ -80,18 +80,20 @@ around -i t +hem . I rea |
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}2017/06/17 23:40:48
2017/06/17 23:40:48
| parent author | richardkain |
| parent permlink | re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170617t203122354z |
| author | jamesbrown |
| permlink | re-richardkain-re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170617t225942937z |
| title | |
| body | @@ -12,16 +12,22 @@ %0AI know +where you're c |
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"body": "@@ -12,16 +12,22 @@\n %0AI know \n+where \n you're c\n",
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}2017/06/17 22:59:45
2017/06/17 22:59:45
| parent author | richardkain |
| parent permlink | re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170617t203122354z |
| author | jamesbrown |
| permlink | re-richardkain-re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170617t225942937z |
| title | |
| body | Hahaha... I know you're coming from about the patterns and subjectivity around it. I really do. BUT, in my experience some of them work more than enough to be profitable trading them and there are a number of traders who have logged in years of trading them and "back-testing" them, who have demonstrated an over 50% success rate on these patterns, which is more than good enough to make profit when the targets are over 2 times the risk. I've done some back-testing myself, but, quite frankly, I don't have the time to put into back-testing individual trading vehicles for these patterns and, thankfully, I don't have to because I never trade based solely on a pattern or pattern breakout. I trade based on "case evidence", based on the gamut of technical analysis indicators/ signals. IMO, a simple "bat pattern" isn't reason enough to enter a trade. However, if that pattern completes at a major support level AND has the support of the 50 DSMA, well, then I'm watering at the mouth to jump on that opportunity. I can't say this is an instance of the bullish bat being successful, because it didn't quite reach point D, but I've seen it be successful enough to take it seriously and to take it into consideration when I'm trying to build my case for or against a trade. |
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"body": "Hahaha...\n\n\nI know you're coming from about the patterns and subjectivity around it. I really do. BUT, in my experience some of them work more than enough to be profitable trading them and there are a number of traders who have logged in years of trading them and \"back-testing\" them, who have demonstrated an over 50% success rate on these patterns, which is more than good enough to make profit when the targets are over 2 times the risk.\n\nI've done some back-testing myself, but, quite frankly, I don't have the time to put into back-testing individual trading vehicles for these patterns and, thankfully, I don't have to because I never trade based solely on a pattern or pattern breakout.\n\nI trade based on \"case evidence\", based on the gamut of technical analysis indicators/ signals. IMO, a simple \"bat pattern\" isn't reason enough to enter a trade. However, if that pattern completes at a major support level AND has the support of the 50 DSMA, well, then I'm watering at the mouth to jump on that opportunity.\n\nI can't say this is an instance of the bullish bat being successful, because it didn't quite reach point D, but I've seen it be successful enough to take it seriously and to take it into consideration when I'm trying to build my case for or against a trade.",
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}2017/06/17 22:13:54
2017/06/17 22:13:54
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| author | dynamix69 |
| permlink | re-richardkain-re-conradhann-hodl-siacoin-sc-20170617t221355175z |
| title | |
| body | Kind of joke of anonymous board www.4chan.org and now an meme: https://memecrunch.com/meme/2PNRD/hodl-hodor |
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"body": "Kind of joke of anonymous board www.4chan.org and now an meme:\nhttps://memecrunch.com/meme/2PNRD/hodl-hodor",
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}2017/06/17 21:06:30
2017/06/17 21:06:30
| parent author | richardkain |
| parent permlink | re-conradhann-hodl-siacoin-sc-20170617t203400747z |
| author | conradhann |
| permlink | re-richardkain-re-conradhann-hodl-siacoin-sc-20170617t210630190z |
| title | |
| body | honestly, I am not quite sure myself. It was one of those "sheep" type things where I just went with it cause everyone else was. Although, somewhere along the line I have a feeling it relates to a trollbox somewhere with someone slamming onthe keyboard too fast during trading ahahaha |
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"body": "honestly, I am not quite sure myself. It was one of those \"sheep\" type things where I just went with it cause everyone else was. Although, somewhere along the line I have a feeling it relates to a trollbox somewhere with someone slamming onthe keyboard too fast during trading ahahaha",
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}richardkainfollowed @daxtrader2017/06/17 20:36:27
richardkainfollowed @daxtrader
2017/06/17 20:36:27
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2017/06/17 20:36:18
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}2017/06/17 20:36:15
2017/06/17 20:36:15
| parent author | daxtrader |
| parent permlink | re-richardkain-musings-on-living-in-the-ledger-exchanging-bitcoins-and-joining-steemit-20170617t171429998z |
| author | richardkain |
| permlink | re-daxtrader-re-richardkain-musings-on-living-in-the-ledger-exchanging-bitcoins-and-joining-steemit-20170617t203617195z |
| title | |
| body | Thanks - I almost wrote a little about gold as another hedge which I thought about at the time. Is Bitcoin a more portable "digital gold"; perhaps. But if so it's not a particularly tantalizing investment. Precious metals have their spikes but tend to grossly underperform productive assets. |
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"body": "Thanks - I almost wrote a little about gold as another hedge which I thought about at the time. Is Bitcoin a more portable \"digital gold\"; perhaps. But if so it's not a particularly tantalizing investment. Precious metals have their spikes but tend to grossly underperform productive assets.",
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}2017/06/17 20:34:00
2017/06/17 20:34:00
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| author | richardkain |
| permlink | re-conradhann-hodl-siacoin-sc-20170617t203400747z |
| title | |
| body | A Bitcoin active trading n00b question - what is the origin and purpose of the constant misspelling of "hold" not just here but in all sorts of reddit posts etc.? |
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"body": "A Bitcoin active trading n00b question - what is the origin and purpose of the constant misspelling of \"hold\" not just here but in all sorts of reddit posts etc.?",
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}richardkainupdated their account properties2017/06/17 20:32:12
richardkainupdated their account properties
2017/06/17 20:32:12
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}2017/06/17 20:31:21
2017/06/17 20:31:21
| parent author | jamesbrown |
| parent permlink | is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up |
| author | richardkain |
| permlink | re-jamesbrown-is-bitcoin-still-bullish-where-does-it-make-sense-to-load-up-20170617t203122354z |
| title | |
| body | I appreciate the work that goes into making these charts. But good technical trading would also establish how frequently these patterns worked for the asset in the past. Have you had a chance to do that? Even a glance at the data immediately preceding your identified "Bullish Bat" sure look like they would have been gored, and repeatedly. The more volatile the asset, the harder it is to have any reliable pattern. Why draw a hypotenuse from point X to A on the first chart and not draw it to the June 5/6 high? The human mind has a tendency to find false patterns in nature, and this compendium of patterns seems non-falsifiable. If I say I see the "Engorged Pelican" formation (belly from May 25 to June 5, beak 5 to 12, and fish dangling from its mouth just after that), how would that be proved or disproved anymore than the "Bullish Bat"? |
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"body": "I appreciate the work that goes into making these charts. But good technical trading would also establish how frequently these patterns worked for the asset in the past. Have you had a chance to do that? Even a glance at the data immediately preceding your identified \"Bullish Bat\" sure look like they would have been gored, and repeatedly. The more volatile the asset, the harder it is to have any reliable pattern. \n\nWhy draw a hypotenuse from point X to A on the first chart and not draw it to the June 5/6 high? The human mind has a tendency to find false patterns in nature, and this compendium of patterns seems non-falsifiable. \n\nIf I say I see the \"Engorged Pelican\" formation (belly from May 25 to June 5, beak 5 to 12, and fish dangling from its mouth just after that), how would that be proved or disproved anymore than the \"Bullish Bat\"?",
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}2017/06/17 20:16:42
2017/06/17 20:16:42
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}richardkainpublished a new post: amazon-whole-foods-and-rebecca-lynn-s-may-24th-churchill-club-prediction2017/06/17 20:16:42
richardkainpublished a new post: amazon-whole-foods-and-rebecca-lynn-s-may-24th-churchill-club-prediction
2017/06/17 20:16:42
| parent author | |
| parent permlink | investing |
| author | richardkain |
| permlink | amazon-whole-foods-and-rebecca-lynn-s-may-24th-churchill-club-prediction |
| title | Amazon, Whole Foods & Rebecca Lynn's May 24th Churchill Club Prediction |
| body | Less than a month ago the Churchill Club of San Francisco held its annual Technology Trends panel. Five venture capitalists each give two predictions for the next five years that are non-obvious. The other panelists vote on it. Rebecca Lynn of Canvas Ventures gave one that was regarded as a bit of a dud at the time. But already events are moving in a direction that may vindicate her. "Breaking Up is Hard to Do" - President Trump would bring anti-Trust action against Amazon, and wouldn't stop there. [<center></center>](https://www.youtube.com/watch?v=31BbJYxd4MQ) The entire video is always worth watching but this is a particularly interesting thought, made more pressing when Amazon announced the acquisition of Whole Foods. Other grocery stocks were decimated: is even their thin margin Jeff Bezos' opportunity? If when unicorns become decacorns and beyond they come under the glare of a new anti-trust regime, where the scale to lower prices and thereby dominate the market is no longer waved off by the Justice Department, could there be a permanent revaluation of consumer retail startups? [Holman Jenkins of the Wall Street Journal](https://www.wsj.com/articles/amazon-will-free-you-from-the-minivan-1497650502) has one of the more interesting takes that plays into this theme: that this acquisition fits into a strategy of Amazon moving to obscure price commoditization, rather than accelerate it. |
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"body": "Less than a month ago the Churchill Club of San Francisco held its annual Technology Trends panel. Five venture capitalists each give two predictions for the next five years that are non-obvious. The other panelists vote on it. \n\nRebecca Lynn of Canvas Ventures gave one that was regarded as a bit of a dud at the time. But already events are moving in a direction that may vindicate her. \"Breaking Up is Hard to Do\" - President Trump would bring anti-Trust action against Amazon, and wouldn't stop there. [<center></center>](https://www.youtube.com/watch?v=31BbJYxd4MQ)\n\nThe entire video is always worth watching but this is a particularly interesting thought, made more pressing when Amazon announced the acquisition of Whole Foods. Other grocery stocks were decimated: is even their thin margin Jeff Bezos' opportunity? \n\nIf when unicorns become decacorns and beyond they come under the glare of a new anti-trust regime, where the scale to lower prices and thereby dominate the market is no longer waved off by the Justice Department, could there be a permanent revaluation of consumer retail startups?\n\n[Holman Jenkins of the Wall Street Journal](https://www.wsj.com/articles/amazon-will-free-you-from-the-minivan-1497650502) has one of the more interesting takes that plays into this theme: that this acquisition fits into a strategy of Amazon moving to obscure price commoditization, rather than accelerate it.",
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}richardkainfollowed @conradhann2017/06/17 19:52:00
richardkainfollowed @conradhann
2017/06/17 19:52:00
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}2017/06/17 17:14:30
2017/06/17 17:14:30
| parent author | richardkain |
| parent permlink | musings-on-living-in-the-ledger-exchanging-bitcoins-and-joining-steemit |
| author | daxtrader |
| permlink | re-richardkain-musings-on-living-in-the-ledger-exchanging-bitcoins-and-joining-steemit-20170617t171429998z |
| title | |
| body | Looked at bitcoin about 4 years ago. Thought it was OK but did not really understand it. Also thought it could be hacked, and quite difficult to buy. So decided to stick with silver and gold as hedges against fiat. It now looks like cryptos are beginning a classic mania! Good post, thanks. |
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"body": "Looked at bitcoin about 4 years ago. Thought it was OK but did not really understand it. Also thought it could be hacked, and quite difficult to buy. So decided to stick with silver and gold as hedges against fiat. It now looks like cryptos are beginning a classic mania! Good post, thanks.",
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}2017/06/17 17:11:51
2017/06/17 17:11:51
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}2017/06/17 16:53:06
2017/06/17 16:53:06
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}2017/06/17 16:37:18
2017/06/17 16:37:18
| voter | richardkain |
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}richardkainpublished a new post: musings-on-living-in-the-ledger-exchanging-bitcoins-and-joining-steemit2017/06/17 16:37:18
richardkainpublished a new post: musings-on-living-in-the-ledger-exchanging-bitcoins-and-joining-steemit
2017/06/17 16:37:18
| parent author | |
| parent permlink | bitcoin |
| author | richardkain |
| permlink | musings-on-living-in-the-ledger-exchanging-bitcoins-and-joining-steemit |
| title | Musings on Living in the Ledger: Exchanging Bitcoins and Joining Steemit |
| body | I was at a Bitcoin meetup in New York City several years ago, at a small conference space in lower Manhattan. This was well after one Bitcoin had made its way to the then hard-to-believe triple digits of U.S. Dollars and much wider public consciousness after little ol' Cyprus had [threatened a banking haircut.](http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/index.html) Yeah it's just Cyprus, but FDR had closed our banks once. Maybe it would happen again? There was a forgettable presentation then words from a couple of random sponsors. It was full of either, depending on your taste, "crypto-anarchists" or "colorful early adopters." Not many white collar bankers channeling their inner Winkelvosses yet. Then the meeting really got down to business. The center of the meeting room cleared out, and a group of traders gathered in the center of the room in a circle. What price would you sell? What price would you buy? The future was indeed here but unevenly distributed. So was the past - this is how shares were traded not far from there in the early 19th century. It was like a scene that would be left on the cutting room floor of "Cloud Atlas." These traders had more in common with a Dungeons & Dragons party than jocks at the NYMEX: it was subdued but very very serious. At about this time most of the other real trading pits of the world were giving in to computers and shutting down. Here was old fashioned wetware trading the results of computation...People waited around nervously as cash traded hands, buttons on smartphones were pushed and the blockchain computed. Down the street trades were done in a millisecond. Here at the bleeding edge future it took ten to fifteen minutes. The trade made, the men would part with a nod or a shakeshake, both on the same side of the trade against the world. I had opened a Coinbase account, intrigued by the speculative possibilities. I said this to someone as I fingered enough cash to maybe make an in person purchase. "Coinbase!" one of the bearded people who didn't want to use his real name shouted, "That misses the whole point of Bitcoin!" Any hosted wallet did. I demurred that I had a bitcoin wallet on my PC as well - "Don't tell me that, you could get hacked." The militancy of it all was enough to think I was probably out fo my league to hand over cash ("FIAT!") for an alphanumeric string who had value because all these characters said it did. The scene in the early 2010s was one of high distrust of government. Just how much money could the Fed print and the Treasury spend to bail the homeowners of America out of the real estate bubble? Bitcoin was one alternative. Shorting U.S. Treasuries was another. That was something you could do with the malevolent security hole of a trusted third party...but it was really trustworthy. I bet wrong and pursued more of the former than latter. This is the great investment irony to me of the last decade: a proverbial flight to safety made landings on both the value of both Bitcoin and...OK, I'll say it...Fiat Bonds. The CNN article linked above cited Mt. Gox - a former Pokemon card trading site - then the world's leading exchange for Bitcoins. I thought about my cyberpunk acquaintance in Manhattan when they were hacked...and thought about him again after Coinbase sent me into a Kafkaesque support hell for the last two weeks. Every unhappy customer service story is unhappy in its own way, and I won't recite all the details. Ethereum had jumped all the way to $100, then $131. Jesus, I thought, this is a classic "blow off top" in trading. I want to sell. Now! This damn thing - it's called "Ether" for Chrissakes - could be back at $20 in a heartbeat. Bitcoin after all had such patterns. Thirty five emails followed mostly me asking support@coinbase variants of "Update, please." What are the stages of grief? I finally gave into Acceptance - this was easier since the price continued to rise - when finally I got access. I think this was a blow off top...the real one. Coinbase's screw ups saved me from myself....but assets don't rise 6x in six weeks, and 25x in six months, without some "retracement" (the trader's preferred euphemism for "steep fall".) Trading is hard. How do you time the entry of a position? I'm back in my accounts, I won't be gated by the whims of customer service. But for now, I have to get out. The trusted third party has blown a hole in the expectation of reliability a customer should have in a financial institution. Coinbase has really blown it. One of Satoshi's last known public comments was a plea for Wikileaks not to accept bitcoin. As Wired recounted it in November 2011 in one of the [first mainstream articles on the cryptocurrency, "The Rise and Fall of Bitcoin"](https://www.wired.com/2011/11/mf_bitcoin/): "The project needs to grow gradually so the software can be strengthened along the way. I make this appeal to Wikileaks not to try to use bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage." Is the recent heat enough to destroy it now? Probably not. Enough to send them into a 70%+ correction? That probability to too high. Coinbase's CEO is [posting to medium]("https://blog.coinbase.com/improving-customer-support-139d99e72876") that they'll hire an additional ten contractors and spin up an outsourced customer service facility. Meanwhile the n00bs and myself are pounding relentlessly on the door to get in or out. Hundreds of thousands of new customers and they can spare only ten new hourly workers sitting at some telemarketing center? That's Fiat Management, which is worse than Fiat currency. I will go long BTC & ETH again. I don't know when. Coinbase has a great lineage and I believe they mean well; they have all sorts of incentives to mean well for customers. But so did Enron. You just don't know. (Shout one last time to the colorful-crypto-early-anarchist!) It's laughable to call [Bitcoin garbage like Marketwatch does]("http://www.sec.marketwatch.com/story/stay-away-from-bitcoin-its-complete-garbage-2017-06-15"). It is still messy. Too messy for a startup protocol eight years old, or well funded financial institutions that serve it to act like a knock off photo sharing startup when it comes to infrastructure quality. I've started to study and understand the appeal of distributed ledgers and the ills they can address. I'll likely write about them here (along with politics, history and sports.) Those ills are not just money-printing governments - maybe that's the least likely successful use case. Tazos, Filecoin, Golem, Zcash...all so fun to think about what are the upsides?! Placing each with hopes like parents do new children. Maybe Steemit will topple money-printing social networks, who productize their users. I wouldn't know my way around a Merkle tree so one way to participate in the distributed ledger while the mess gets cleaned up is to write. Looking forward to being a part of the Steemit community. |
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"body": "I was at a Bitcoin meetup in New York City several years ago, at a small conference space in lower Manhattan. This was well after one Bitcoin had made its way to the then hard-to-believe triple digits of U.S. Dollars and much wider public consciousness after little ol' Cyprus had [threatened a banking haircut.](http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/index.html) Yeah it's just Cyprus, but FDR had closed our banks once. Maybe it would happen again? There was a forgettable presentation then words from a couple of random sponsors. It was full of either, depending on your taste, \"crypto-anarchists\" or \"colorful early adopters.\" Not many white collar bankers channeling their inner Winkelvosses yet. \n\nThen the meeting really got down to business. The center of the meeting room cleared out, and a group of traders gathered in the center of the room in a circle. What price would you sell? What price would you buy? The future was indeed here but unevenly distributed. So was the past - this is how shares were traded not far from there in the early 19th century. It was like a scene that would be left on the cutting room floor of \"Cloud Atlas.\" These traders had more in common with a Dungeons & Dragons party than jocks at the NYMEX: it was subdued but very very serious.\n\nAt about this time most of the other real trading pits of the world were giving in to computers and shutting down. Here was old fashioned wetware trading the results of computation...People waited around nervously as cash traded hands, buttons on smartphones were pushed and the blockchain computed. Down the street trades were done in a millisecond. Here at the bleeding edge future it took ten to fifteen minutes. The trade made, the men would part with a nod or a shakeshake, both on the same side of the trade against the world. \n\nI had opened a Coinbase account, intrigued by the speculative possibilities. I said this to someone as I fingered enough cash to maybe make an in person purchase. \"Coinbase!\" one of the bearded people who didn't want to use his real name shouted, \"That misses the whole point of Bitcoin!\" Any hosted wallet did. I demurred that I had a bitcoin wallet on my PC as well - \"Don't tell me that, you could get hacked.\" The militancy of it all was enough to think I was probably out fo my league to hand over cash (\"FIAT!\") for an alphanumeric string who had value because all these characters said it did.\n\nThe scene in the early 2010s was one of high distrust of government. Just how much money could the Fed print and the Treasury spend to bail the homeowners of America out of the real estate bubble? Bitcoin was one alternative. Shorting U.S. Treasuries was another. That was something you could do with the malevolent security hole of a trusted third party...but it was really trustworthy. I bet wrong and pursued more of the former than latter. This is the great investment irony to me of the last decade: a proverbial flight to safety made landings on both the value of both Bitcoin and...OK, I'll say it...Fiat Bonds. \n\nThe CNN article linked above cited Mt. Gox - a former Pokemon card trading site - then the world's leading exchange for Bitcoins. I thought about my cyberpunk acquaintance in Manhattan when they were hacked...and thought about him again after Coinbase sent me into a Kafkaesque support hell for the last two weeks.\n\nEvery unhappy customer service story is unhappy in its own way, and I won't recite all the details. Ethereum had jumped all the way to $100, then $131. Jesus, I thought, this is a classic \"blow off top\" in trading. I want to sell. Now! This damn thing - it's called \"Ether\" for Chrissakes - could be back at $20 in a heartbeat. Bitcoin after all had such patterns. Thirty five emails followed mostly me asking support@coinbase variants of \"Update, please.\" What are the stages of grief? I finally gave into Acceptance - this was easier since the price continued to rise - when finally I got access.\n\nI think this was a blow off top...the real one. Coinbase's screw ups saved me from myself....but assets don't rise 6x in six weeks, and 25x in six months, without some \"retracement\" (the trader's preferred euphemism for \"steep fall\".) Trading is hard. How do you time the entry of a position? I'm back in my accounts, I won't be gated by the whims of customer service. But for now, I have to get out. The trusted third party has blown a hole in the expectation of reliability a customer should have in a financial institution. Coinbase has really blown it. \n\nOne of Satoshi's last known public comments was a plea for Wikileaks not to accept bitcoin. As Wired recounted it in November 2011 in one of the [first mainstream articles on the cryptocurrency, \"The Rise and Fall of Bitcoin\"](https://www.wired.com/2011/11/mf_bitcoin/): \"The project needs to grow gradually so the software can be strengthened along the way. I make this appeal to Wikileaks not to try to use bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.\"\n\nIs the recent heat enough to destroy it now? Probably not. Enough to send them into a 70%+ correction? That probability to too high. Coinbase's CEO is [posting to medium](\"https://blog.coinbase.com/improving-customer-support-139d99e72876\") that they'll hire an additional ten contractors and spin up an outsourced customer service facility. Meanwhile the n00bs and myself are pounding relentlessly on the door to get in or out. Hundreds of thousands of new customers and they can spare only ten new hourly workers sitting at some telemarketing center? That's Fiat Management, which is worse than Fiat currency. I will go long BTC & ETH again. I don't know when. Coinbase has a great lineage and I believe they mean well; they have all sorts of incentives to mean well for customers. But so did Enron. You just don't know. (Shout one last time to the colorful-crypto-early-anarchist!)\n\nIt's laughable to call [Bitcoin garbage like Marketwatch does](\"http://www.sec.marketwatch.com/story/stay-away-from-bitcoin-its-complete-garbage-2017-06-15\"). It is still messy. Too messy for a startup protocol eight years old, or well funded financial institutions that serve it to act like a knock off photo sharing startup when it comes to infrastructure quality. I've started to study and understand the appeal of distributed ledgers and the ills they can address. I'll likely write about them here (along with politics, history and sports.) Those ills are not just money-printing governments - maybe that's the least likely successful use case. \n\nTazos, Filecoin, Golem, Zcash...all so fun to think about what are the upsides?! Placing each with hopes like parents do new children. Maybe Steemit will topple money-printing social networks, who productize their users. I wouldn't know my way around a Merkle tree so one way to participate in the distributed ledger while the mess gets cleaned up is to write. \n\nLooking forward to being a part of the Steemit community.",
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}2017/06/17 13:54:03
2017/06/17 13:54:03
| voter | richardkain |
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}steemcreated a new account: @richardkain2017/06/17 03:44:15
steemcreated a new account: @richardkain
2017/06/17 03:44:15
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[]