Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
1.745USD
STEEM
0.000STEEM
SBD
0.000SBD
Own SP
30.079SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
30.079SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
30.079SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
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  "vesting_shares": "48922.084823 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

namejjmr007
id15809
rank62,238
reputation390975547
created2016-07-09T18:47:51
recovery_accountsteem
proxyNone
post_count3
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-01-20T22:04:24
last_root_post2016-07-13T00:51:39
last_vote_time2016-08-17T02:46:24
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power9,949
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares48922.084823 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares0.000000 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
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  "owner": {
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      [
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  "memo_key": "STM67JEeM4yn8Td5pRvQzWTxH1S3Gmu64k5wKfexkBcroC8Cbisc4",
  "json_metadata": "",
  "posting_json_metadata": "",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "created": "2016-07-09T18:47:51",
  "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": 3,
  "can_vote": true,
  "voting_manabar": {
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  "downvote_manabar": {
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  "voting_power": 9949,
  "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",
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  "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,
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  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "vesting_shares": "48922.084823 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
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  "next_vesting_withdrawal": "1969-12-31T23:59:59",
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  "witnesses_voted_for": 0,
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  "last_vote_time": "2016-08-17T02:46:24",
  "post_bandwidth": 0,
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  "vesting_balance": "0.000 STEEM",
  "reputation": 390975547,
  "transfer_history": [],
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  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 62238
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
2019/07/09 20:02:06
parent authorjjmr007
parent permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
authorsteemitboard
permlinksteemitboard-notify-jjmr007-20190709t200205000z
title
bodyCongratulations @jjmr007! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@jjmr007/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@jjmr007) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=jjmr007)_</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 InfoBlock #34520017/Trx dc0e240ee4b648084375225525ba6982c0b90aa2
View Raw JSON Data
{
  "trx_id": "dc0e240ee4b648084375225525ba6982c0b90aa2",
  "block": 34520017,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-07-09T20:02:06",
  "op": [
    "comment",
    {
      "parent_author": "jjmr007",
      "parent_permlink": "it-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-jjmr007-20190709t200205000z",
      "title": "",
      "body": "Congratulations @jjmr007! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@jjmr007/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@jjmr007) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=jjmr007)_</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!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
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}
2018/01/21 18:41:42
parent authorjjmr007
parent permlinkre-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z
authorrobertromero
permlinkre-jjmr007-re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180121t184107671z
title
body@@ -111,17 +111,17 @@ rscam.io -%5B +%5D (https:/
json metadata{"tags":["spanish"],"links":["https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances"],"app":"steemit/0.1"}
Transaction InfoBlock #19179394/Trx c73196b78189f002188e6851560ac94f9e1f0776
View Raw JSON Data
{
  "trx_id": "c73196b78189f002188e6851560ac94f9e1f0776",
  "block": 19179394,
  "trx_in_block": 28,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-01-21T18:41:42",
  "op": [
    "comment",
    {
      "parent_author": "jjmr007",
      "parent_permlink": "re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z",
      "author": "robertromero",
      "permlink": "re-jjmr007-re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180121t184107671z",
      "title": "",
      "body": "@@ -111,17 +111,17 @@\n rscam.io\n-%5B\n+%5D\n (https:/\n",
      "json_metadata": "{\"tags\":[\"spanish\"],\"links\":[\"https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances\"],\"app\":\"steemit/0.1\"}"
    }
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}
2018/01/21 18:41:09
parent authorjjmr007
parent permlinkre-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z
authorrobertromero
permlinkre-jjmr007-re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180121t184107671z
title
bodyHermano está información está del carajo, desde ya te sigo. Antes de realizar la publicación busque en [etherscam.io[(https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances) pero veo que no supe realizar de manera correcta mi busqueda. Me alegra que alguien cómo tú haya compartido este contenido con nosotros. El mismo Nicolás anunció la emisión de 100.000 millones. Hasta ahora solo se han emitido 3 millones por lo que veo en el enlace. Aunque cabe la posibilidad que alguien haya aprovechado la noticia y crear su token para tener el dominio sobre el nombre. Yo también me pregunto cómo harán tan descabelladamente un salto de blockchains cómo cambiar de interiores. Lo que tengo entendido es que en el proyecto de DECRED pondrán en marcha los NODOS FEDERADOS. El token será descentralizado bajo la red de ethereum. Pero ya saltar de DECRED a COUNTERPARTY? jajaja opino lo mismo que tú amigo. Un gran abrazo.
json metadata{"tags":["spanish"],"links":["https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances"],"app":"steemit/0.1"}
Transaction InfoBlock #19179383/Trx b72c83a9d5a1381c057d7d50e4c723114dd2a56a
View Raw JSON Data
{
  "trx_id": "b72c83a9d5a1381c057d7d50e4c723114dd2a56a",
  "block": 19179383,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-01-21T18:41:09",
  "op": [
    "comment",
    {
      "parent_author": "jjmr007",
      "parent_permlink": "re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z",
      "author": "robertromero",
      "permlink": "re-jjmr007-re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180121t184107671z",
      "title": "",
      "body": "Hermano está información está del carajo, desde ya te sigo. \n\nAntes de realizar la publicación busque en [etherscam.io[(https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances) pero veo que no supe realizar de manera correcta mi busqueda. Me alegra que alguien cómo tú haya compartido este contenido con nosotros. \n\nEl mismo Nicolás anunció la emisión de 100.000 millones. Hasta ahora solo se han emitido 3 millones por lo que veo en el enlace. Aunque cabe la posibilidad que alguien haya aprovechado la noticia y crear su token para tener el dominio sobre el nombre. \n\nYo también me pregunto cómo harán tan descabelladamente un salto de blockchains cómo cambiar de interiores. Lo que tengo entendido es que en el proyecto de DECRED pondrán en marcha los NODOS FEDERADOS. El token será descentralizado bajo la red de ethereum. Pero ya saltar de DECRED a COUNTERPARTY? jajaja opino lo mismo que tú amigo. Un gran abrazo.",
      "json_metadata": "{\"tags\":[\"spanish\"],\"links\":[\"https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}
2018/01/21 18:36:00
voterrobertromero
authorjjmr007
permlinkre-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z
weight10000 (100.00%)
Transaction InfoBlock #19179280/Trx 40109ddd067d2514dff1453969cae82a695771eb
View Raw JSON Data
{
  "trx_id": "40109ddd067d2514dff1453969cae82a695771eb",
  "block": 19179280,
  "trx_in_block": 21,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-01-21T18:36:00",
  "op": [
    "vote",
    {
      "voter": "robertromero",
      "author": "jjmr007",
      "permlink": "re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z",
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2018/01/20 22:07:18
parent authorrobertromero
parent permlinkel-petro-ptr-55-al-fondo-soberano
authorjjmr007
permlinkre-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z
title
body@@ -1438,16 +1438,17 @@ y?... Se +g uramente @@ -1490,17 +1490,17 @@ y que n -o +i de co%C3%B1a
json metadata{"tags":["spanish"],"links":["https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances"],"app":"steemit/0.1"}
Transaction InfoBlock #19154715/Trx a17126ba4a514f3aae9f73c333beae4a3b0f04d9
View Raw JSON Data
{
  "trx_id": "a17126ba4a514f3aae9f73c333beae4a3b0f04d9",
  "block": 19154715,
  "trx_in_block": 44,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-01-20T22:07:18",
  "op": [
    "comment",
    {
      "parent_author": "robertromero",
      "parent_permlink": "el-petro-ptr-55-al-fondo-soberano",
      "author": "jjmr007",
      "permlink": "re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z",
      "title": "",
      "body": "@@ -1438,16 +1438,17 @@\n y?... Se\n+g\n uramente\n@@ -1490,17 +1490,17 @@\n  y que n\n-o\n+i\n  de co%C3%B1a\n",
      "json_metadata": "{\"tags\":[\"spanish\"],\"links\":[\"https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}
2018/01/20 22:04:24
parent authorrobertromero
parent permlinkel-petro-ptr-55-al-fondo-soberano
authorjjmr007
permlinkre-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z
title
bodyRoberto, quiza te resulte util este dato. Un dia después del anuncio de Maduro de que iba a crear el PETRO, se desplegó en la blockchain de ethereum el siguiente contrato: https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances con una emision de 3,68 Millones de Petros... Aunque difiere por un factor de 10, con la info que tiernes, hay que reconocer que las cifras se parecen. Posiblemente la "venta privada" comenzo hace ya bastante tiempo. Por otro lado, si el Petro va a ser un token ERC-20, su unidad mínima será de 10^-18 Petros (Podemos llamarlos "Chavitos" o "Maduritos"... ¿Que opinas?) Saltar de Ethereum a Decred bajo una estructura de nodos confederados (Yo sugeriría llamarlos, "Nodos ENCHUFADOS") como lo es Ripple, es una descarada arbitrariedad, y lo unico que demuestra es la intencion de ser cualquier cosa, menos un proyecto descentralizado. El Petro "Confederado" no sería mas que el simbolo mismo del totalitarismo. Pero saltar luego del Petro Totalitario a un token en Counterparty para poder gozar de las futuras ventajas de Lightning Network (La red LUZ) es definitivamente la prueba de que Maduro y todo su equipo estan de llevar al manicomio. Aun hay muchos bugs por arreglar en el proyecto de la red luz, pero esta tiene la intencion de ser una red totalmente libre. ¿Como van a saltar de una red confederada como el Petro Totalitario a una plataforma libre como Counter-Party?... Seuramente es una promesa mas hecha a lo loco y que no de coña tienen intencion de cumplir. Excelentes fuentes y excelente articulo. FELICITACIONES.
json metadata{"tags":["spanish"],"links":["https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances"],"app":"steemit/0.1"}
Transaction InfoBlock #19154657/Trx 19fbdc940a82c5d892ce3103191d88c6463b3394
View Raw JSON Data
{
  "trx_id": "19fbdc940a82c5d892ce3103191d88c6463b3394",
  "block": 19154657,
  "trx_in_block": 37,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-01-20T22:04:24",
  "op": [
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    {
      "parent_author": "robertromero",
      "parent_permlink": "el-petro-ptr-55-al-fondo-soberano",
      "author": "jjmr007",
      "permlink": "re-robertromero-el-petro-ptr-55-al-fondo-soberano-20180120t220438245z",
      "title": "",
      "body": "Roberto, quiza te resulte util este dato.\n\nUn dia después del anuncio de Maduro de que iba a crear el PETRO, se desplegó en la blockchain de ethereum el siguiente contrato: \n\nhttps://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances\n\ncon una emision de 3,68 Millones de Petros... Aunque difiere por un factor de 10, con la info que tiernes, hay que reconocer que las cifras se parecen. Posiblemente la \"venta privada\" comenzo hace ya bastante tiempo.\n\nPor otro lado, si el Petro va a ser un token ERC-20, su unidad mínima será de 10^-18 Petros (Podemos llamarlos \"Chavitos\" o \"Maduritos\"... ¿Que opinas?)\n\nSaltar de Ethereum a Decred bajo una estructura de nodos confederados (Yo sugeriría llamarlos, \"Nodos ENCHUFADOS\") como lo es Ripple, es una descarada arbitrariedad, y lo unico que demuestra es la intencion de ser cualquier cosa, menos un proyecto descentralizado.\n\nEl Petro \"Confederado\" no sería mas que el simbolo mismo del totalitarismo. \n\nPero saltar luego del Petro Totalitario a un token en Counterparty para poder gozar de las futuras ventajas de Lightning Network (La red LUZ) es definitivamente la prueba de que Maduro y todo su equipo estan de llevar al manicomio. Aun hay muchos bugs por arreglar en el proyecto de la red luz, pero esta tiene la intencion de ser una red totalmente libre.\n\n¿Como van a saltar de una red confederada como el Petro Totalitario a una plataforma libre como Counter-Party?... Seuramente es una promesa mas hecha a lo loco y que no de coña tienen intencion de cumplir.\n\nExcelentes fuentes y excelente articulo. FELICITACIONES.",
      "json_metadata": "{\"tags\":[\"spanish\"],\"links\":[\"https://etherscan.io/token/0xec18f898b4076a3e18f1089d33376cc380bde61d#balances\"],\"app\":\"steemit/0.1\"}"
    }
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}
2017/08/08 20:41:48
parent authorjjmr007
parent permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
authorinstalaful
permlinkre-jjmr007-it-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies-20170808t204221181z
title
bodyExcellent write!
json metadata{"tags":["crypto"],"app":"steemit/0.1"}
Transaction InfoBlock #14404794/Trx ae67a0bda09e4dd6392773d33c08ea3dd163f6b5
View Raw JSON Data
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      "parent_author": "jjmr007",
      "parent_permlink": "it-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies",
      "author": "instalaful",
      "permlink": "re-jjmr007-it-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies-20170808t204221181z",
      "title": "",
      "body": "Excellent write!",
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}
2017/07/09 19:42:18
parent authorjjmr007
parent permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
authorsteemitboard
permlinksteemitboard-notify-jjmr007-20170709t194220000z
title
bodyCongratulations @jjmr007! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@jjmr007/birthday1.png)](http://steemitboard.com/@jjmr007) Happy Birthday - 1 Year Click on the badge to view your own Board of Honor on SteemitBoard. For more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday) > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
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2016/08/17 23:56:48
voterjjmr007
authorblocktrades
permlinkre-germanaure-the-benefits-of-cooperation-with-ethtrade-20160520t165125696z
weight10000 (100.00%)
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2016/08/17 23:56:33
voterjjmr007
authorpfunk
permlinkre-germanaure-the-benefits-of-cooperation-with-ethtrade-20160520t150313005z
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2016/08/17 02:46:24
voterjjmr007
authorjamiecrypto
permlinkfive-abolitionist-methods-that-will-help-end-the-state
weight10000 (100.00%)
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2016/07/29 06:55:21
parent authorcryptocylon
parent permlinkhow-to-safely-access-your-ethereum-classic-tokens-ethc-and-prevent-replay-attacks
authorjjmr007
permlinkre-cryptocylon-how-to-safely-access-your-ethereum-classic-tokens-ethc-and-prevent-replay-attacks-20160729t065317147z
title
body@@ -142,17 +142,17 @@ typing:%0A -' +. %3Egeth ex @@ -500,17 +500,17 @@ ommand:%0A -' +. %3Egeth im
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      "title": "",
      "body": "@@ -142,17 +142,17 @@\n typing:%0A\n-'\n+.\n %3Egeth ex\n@@ -500,17 +500,17 @@\n ommand:%0A\n-'\n+.\n %3Egeth im\n",
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2016/07/29 06:54:54
parent authorcryptocylon
parent permlinkhow-to-safely-access-your-ethereum-classic-tokens-ethc-and-prevent-replay-attacks
authorjjmr007
permlinkre-cryptocylon-how-to-safely-access-your-ethereum-classic-tokens-ethc-and-prevent-replay-attacks-20160729t065317147z
title
body@@ -142,16 +142,17 @@ typing:%0A +' %3Egeth ex @@ -302,16 +302,30 @@ ill save + in your disk, the eth @@ -500,16 +500,17 @@ ommand:%0A +' %3Egeth im
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      "title": "",
      "body": "@@ -142,16 +142,17 @@\n typing:%0A\n+'\n %3Egeth ex\n@@ -302,16 +302,30 @@\n ill save\n+ in your disk,\n  the eth\n@@ -500,16 +500,17 @@\n ommand:%0A\n+'\n %3Egeth im\n",
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2016/07/29 06:53:12
parent authorcryptocylon
parent permlinkhow-to-safely-access-your-ethereum-classic-tokens-ethc-and-prevent-replay-attacks
authorjjmr007
permlinkre-cryptocylon-how-to-safely-access-your-ethereum-classic-tokens-ethc-and-prevent-replay-attacks-20160729t065317147z
title
bodyYou don't need to re-sync the whole ethereum chain. You can use the chain you have stored in your disk, and use geth from the command prompt typing: >geth export ~\file.bin 0 1919500 If you use the last geth version it takes just 4 or 5 minutes. With the older geth versions, may take longer. This will save the ethereum blockchain from the genesys block to some block near but prior to the HF (like e.g. 1919500). Then you can import this bin file to each data directory with the command: >geth import ~\file.bin This will take way longer, but nothing to say to re-sync to the whole blockchain. After that, you'll be syncing just the last blocks of the chain (main or classic)
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      "title": "",
      "body": "You don't need to re-sync the whole ethereum chain. You can use the chain you have stored in your disk, and use geth from the command prompt typing:\n>geth export  ~\\file.bin 0 1919500\nIf you use the last geth version it takes just 4 or 5 minutes. With the older geth versions, may take longer.\nThis will save the ethereum blockchain from the genesys block to some block near but prior to the HF (like e.g. 1919500).\n\nThen you can import this bin file to each data directory with the command:\n>geth import ~\\file.bin\nThis will take way longer, but nothing to say to re-sync to the whole blockchain.\n\nAfter that, you'll be syncing just the last blocks of the chain (main or classic)",
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2016/07/28 07:10:21
voterjjmr007
authorcryptocylon
permlinkhow-to-safely-access-your-ethereum-classic-tokens-ethc-and-prevent-replay-attacks
weight10000 (100.00%)
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2016/07/13 01:56:15
votermazi
authorjjmr007
permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
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2016/07/13 01:01:00
votersexxximom
authorjjmr007
permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
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2016/07/13 01:00:06
voterniquebs
authorjjmr007
permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
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2016/07/13 00:59:27
votergraystone
authorjjmr007
permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
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2016/07/13 00:55:30
voterhimalayanguru
authorjjmr007
permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
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2016/07/13 00:51:39
voterjjmr007
authorjjmr007
permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
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2016/07/13 00:51:39
parent author
parent permlinkcrypto
authorjjmr007
permlinkit-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies
titleIt's HALVING time! Learn how to never (ever) lose your money again by investing in cryptocurrencies.
body<html> <p>On Saturday 9 of July 2016, the Bitcoin halving finally occured, and its effects start to be visible, not causing a rush increase in the bitcoin price, but instead a very dynamic oscillation of its value that has been taking place in the last days. In my opinion, these oscillations will last some more weeks as aftermaths of the halving event.</p> <p><br></p> <p>When I started to invest in cryptocurrencies it was a very stressfull experience, since I was a rookie and I didn't know what to do, so I ended up losing some money. I barely slept those days and started to give importance to a wiser investment strategy. And I found what I thought may be a very well known solution (Or... could it be a secret among experts?), but anyway I will share it with you.</p> <p><br></p> <p>&nbsp;&nbsp;THE GOLD INVESTMENT STORY</p> <p><br></p> <p>Let's suppose we have a man who buys 10 little bars of gold. &nbsp;And let's say that each little bar's price is $100.oo. So this man is the happy owner of $1,000.oo in gold bars. And let's say that the price of gold starts to rise the next days after his purchase.</p> <p><br></p> <p>What is the most common reaction?, What is the "market" reaction?. The man may not only be happy, but also may be interested in buying more bars of gold. &nbsp;But let us say that our friend remains calmed.&nbsp;</p> <p><br></p> <p>6 weeks later, the price of the gold bar is $200.oo. Our friend is very happy to have doubled the value of his investment. Everything seems to indicate (even the news and investment media) that in the next days, the gold price may triple! So our friend remains calmed again.&nbsp;</p> <p><br></p> <p>And suddenly, withount any previous warning (as usual in the investment enviroment) the gold price collapses! In two or three days the price reaches a historical minimum of, say $50.oo. Our friend, logically panics. And when a person panics may make the dumbest desicion of a lifetime.&nbsp;</p> <p><br></p> <p>Our friend, frightened with the idea of losing more money, rushes and sell all of his gold, at ANY price. Then, two weeks later, the gold price stabilizes around $90.oo.</p> <p><br></p> <p>Does this ring a bell to you? Initial wealth of our friend: $1,000.oo and his ending balance: $500.oo or less. What do you think our friend could have done? If he has had a time travel machine, he may have sent a message to himself in the past: "When the gold's price hits $200.oo the bar, sell it all!!!"</p> <p><br></p> <p>But, the truth is that there is no such time travel machine. What he COULD have done was to sell PARTS of his gold investment as soon as he saw that the price rose. But it was wise not to sell it all.&nbsp;</p> <p><br></p> <p>The logics of the stock market is the following: BUY when a commodity price is soaring, and SELL if the commodity price falls.</p> <p><br></p> <p>But the logics of any merchant, is to BUY goods precisely when they are the cheapest, and SELL them when they reach the highest price possible. And I think that the merchant's logics works way better.</p> <p><br></p> <p>WHAT TO DO WITH CRYPTOS?</p> <p><br></p> <p>A less speculative investor, would not panic. If he knows from good sources and from his personal research that the gold price will increase in the long run, he knows that the fluctuations are normal, and there is nothing to be worried about.</p> <p><br></p> <p>We invest in those assets we think are going to gain value in time. And one of the reasons to think the price of an asset will soar is that said asset is scarse (limitted in number or quantities). Well, cryptocurrencies ( most of them) have been designed precisely, with this ending in mind: To have their price increase with time. Instead of the relative value of fiat currencies which are issued without any restriction by central banks, cryptocurrencies have a roof limit in their quantities.</p> <p><br></p> <p>If any crypto has survived to its infancy, it is very likely to see its value growing.</p> <p><br></p> <p>And this is our basic criterion. From this point on we can search among the most profitable cryptocurrencies in the market (i.e., the ones with the biggest capital market, like bitcoin, ethereum, DAO, and now steem!), and polish our gesses.</p> <p><br></p> <p>Cryptocurrencies give the common citizen the power of participating for the first time in history in an investemnt market. The minimum quantities required to initiate an investment, and the cost of any transaction fee are ridicolously low compared to the traditional stock markets.</p> <p><br></p> <p>So, let me introduce to you to my simple recipe to a "loseless" investment procedure.</p> <p><br></p> <p>MY INVESTMENT RECIPE</p> <p><br></p> <p>1° Choose a good crypto-asset to invest on. This is any asset you think is a good investment right now, or for the next weeks. And due to the halving event, Bitcoin is a very good candidate.</p> <p>2° Choose a good COUNTER-Asset. Choose any other crypto asset you are pretty sure is going to gain value, or at least to keep its value the next days. As long as it differs from the asset in step N°1, and as long as you think it is an asset that will keep a good value or increase its value in time, that's ok.</p> <p>3° Bear a spreadsheet, like an excel document, to record the market values of your asset and your counter-asset.</p> <p>4° Choose a window of values for your asset. I mean, what value do you think your asset price would not go below? This will be the "floor" price for the period of time you will handle your investment. On the other hand, what do you think your asset price would not go above? This will be the "roof" price. These values will help you to adjust the relative margins of change for the asset and counter-asset prices. This is in order to give you the control over the risk in your movements. These are subjective and intuitive variables.</p> <p>5° If the price of your asset increases with respect to your counter-asset, sell a small part of your asset to buy a small part of your counter-asset. How much? This must be a personal decision, but in terms of percentage of the amount of asset you have, this is my formula:&nbsp;</p> <p>[1-(Old Price-floor)/(New Price-floor)] x 100% &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&lt;1st formula&gt; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> <p>6° If the price of your counter-asset increases with respect to your asset, sell a small part of your counter-asset to buy a small part of your asset. How much? Again, in percentage terms, this is my formula:</p> <p>[1-(Old Counter Asset Price - {1/roof})/(New Counter Asset Price - {1/roof})] x 100% &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&lt;2nd formula&gt;</p> <p>These formulas are based on intuition and common sense criteria, but let's leave the maths for another moment, and let's focus on more relevant topics.</p> <p>The expected situation is that if the price of your asset rise with respect to your counter-asset, the price of your counter-asset will decrease with respect to your asset. But it depends in many cases on the mediator you choose, and the fees on the exchange transaction.&nbsp;</p> <p>In some rare cases, it may ocurr that both prices may rise! In that case, what we should do?<br> We should sell in both directions!.</p> <p>And in those rare cases in which the both prices fall, DO NOT DO ANYTHING, or you will lose money!</p> <p>7° Repeat these steps (from 1° to 6°) as often as you can and never sell completely any of your assets.</p> <p>Since price fluctuations ocurr frecuently, especially in dynamic markets, the more often we move money, our portfolio value is more likely to increase.</p> <p>If your asset price rise, and then falls and finally recovers the initial price (like in the gold story), following this procedure you will increase the balance in both of your assets (the asset and the conuter-asset).</p> <p><br></p> <p>A BETTER GOLD INVESTEMENT STORY</p> <p><br></p> <p>Let us see now what would have happened if our gold investor friend had applied the proposed recipe or procedure:</p> <p>#1: The investor must have kept a reserve in dollars as counter-asset, besides his investment in gold. So, let's say that his initial balances were: 10 bars of gold and, (say) $700.oo.</p> <p>#2: Let's say that our friend chose as floor value $70.oo and as roof price, $150.oo.</p> <p>#3: When the bar's price went from $100.oo to say, $130.oo it corresponded to an increase of 50% (According to the 1st formula). But as the transactions must be made with small portions of our investments, our friend needed to adjust the window for gold prices. What this means is that you &nbsp;always need to trust a little in your guts. Let us say thar the floor price was changed to $40.oo. So the 1st formula gave an increment of &nbsp;33%.</p> <p>From my point of view it seems a little bit large yet. But it's ok. Our friend sold 3 bars of gold.<br> Now he had 7 bars of gold and $1,090.oo.</p> <p>#4: Days later, the price of the bar of gold rose up to $160.oo. Amazing! Now my 1st formula gave an increment of 25%. He could sell 25% out his 7 bars: 1.75. So, our man rounded up and sold 2 bars of his gold.</p> <p>Now he had 5 bars of gold, and $1,410.oo.</p> <p>#5: The news were spread, the gold hit a higher price. But our friend wasn't pending in gold prices, and by the moment he ran to the dealer, the price was less than $200.oo the bar: Then the price was $180.oo. There was no tragedy. It was still an increase since the last transaction (at $160.oo). So it was good to sell. Now the 1st formula gave him 14%. And 14% of 5 = 0.71.</p> <p>He could adjust again the window, making the floor again at $70. But the difference is not much. Our friend decided to sell only 1 bar of gold, because there were lots of exprerts anouncing that gold may triple its price.</p> <p>So, now our friend had 4 bars of gold and $1,590.oo.</p> <p>#6: But, bad news! Gold prices fell two days after to $140.oo. It may have been just a rough patch, but the procedure was clear: BUY GOLD! How much? There was a very low roof. So he adjusted it to, say $300.oo (Since experts said the price may triple) and the calculations for the 2nd formula gave him:</p> <p>Old Price of Counter-Asset, the dollar: &nbsp;0.0056 bars of gold per $. (=1/180)</p> <p>New Price of Counter-Asset: 0.0071 (= 1/140)</p> <p>1/roof : 0.0033 (=1/300)</p> <p>Relative increase (2nd formula): &nbsp;42 % ... May be a wrong guess. So he may followed his guts by removing the "1/roof" part, and the increase was 22%, much more close to a "small" quantity.<br> And 22% of $1,590.oo = $353.33 = 2.5 bars of gold. So our investor decided to buy 3 bars.</p> <p>So, now he had 7 bars of gold and $1,170.oo.</p> <p>#7: The situation worsened. Gold price was around $110.oo. The procedure told him to buy more gold!<br> Even when it may be counter-intuitive, things need to be done the way a merchant would: buy cheap assets.<br> The 2nd formula gave him this time (with "roof" term removed) &nbsp;21% of $1,170.oo: 2.28 bars. So he bought 2 more bars (he had enough dollars to do it).</p> <p>So, now he had 9 bars of gold and $950.oo.</p> <p>#8: The ultimate collapse happened. The gold price hit the ground of $50.oo. What a tragedy! But he felt confident, and decided to BUY. Yes, to BUY.</p> <p>If he kept the "roof" term removed from our 2nd formula, it would suggested him to buy 54.5% of his %950.oo: 10.35 bars of gold!... He made a little risky movement, and bought 10 bars with $500.oo. (He had enough dollars to do it!)</p> <p>So, now he had 19 bars of gold and $450.oo and expected the gold not to fall much more.</p> <p>#9: Weeks after, the situation was normal again with, say $90.oo the price of the bar of gold. &nbsp;So, our investor decideed to sell gold again, according to the 1st formula (let's make it easier without the "floor" term): 44% of 19 bars of gold = 8.4 bars.<br> So the man sold 8 bars, and the ending balances were: 11 bars of gold and $1,170.oo.</p> <p>How much did the investor have now?</p> <p>$90.oo x 11 bars of gold + $1.170 = $2,160.oo</p> <p>From an initial balance of</p> <p>$100.oo x 10 bars of gold + $700 = $1,700.00</p> <p>You may think that 27% of profits in dollars in some few weeks is not much, but is a good figure in the investment enviroment. But if we see the profit in terms of bars of gold:</p> <p>Initially: 17 bars</p> <p>At the end: 24 bars</p> <p>There is more than 41% of profits.</p> <p>If these cycles of fluctuations in prices are oftenly repeated and seized, these profits will accumulate in time, giving to our portfolios a good reward from this kind of procedure.</p> <p><br></p> <p>TABLE</p> <p><br></p> <p>Step &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bars of Gold &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance in $ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Price of gold</p> <p>#1 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$700 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100</p> <p>#2 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,090 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$130</p> <p>#3 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,410 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$160</p> <p>#4 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,590 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$180</p> <p>#5 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,170 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$140</p> <p>#6 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$950 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$110</p> <p>#7 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$450 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50</p> <p>#8 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,170 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$90</p> <p><br></p> </html>
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Transaction InfoBlock #3147613/Trx 391ab3aec87f1ab8619b3403c2c162b64be19e0d
View Raw JSON Data
{
  "trx_id": "391ab3aec87f1ab8619b3403c2c162b64be19e0d",
  "block": 3147613,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-07-13T00:51:39",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "jjmr007",
      "permlink": "it-s-halving-time-learn-how-to-never-ever-lose-your-money-again-by-investing-in-cryptocurrencies",
      "title": "It's HALVING time! Learn how to never (ever) lose your money again by investing in cryptocurrencies.",
      "body": "<html>\n<p>On Saturday 9 of July 2016, the Bitcoin halving finally occured, and its effects start to be visible, not causing a rush increase in the bitcoin price, but instead a very dynamic oscillation of its value that has been taking place in the last days. In my opinion, these oscillations will last some more weeks as aftermaths of the halving event.</p>\n<p><br></p>\n<p>When I started to invest in cryptocurrencies it was a very stressfull experience, since I was a rookie and I didn't know what to do, so I ended up losing some money. I barely slept those days and started to give importance to a wiser investment strategy. And I found what I thought may be a very well known solution (Or... could it be a secret among experts?), but anyway I will share it with you.</p>\n<p><br></p>\n<p>&nbsp;&nbsp;THE GOLD INVESTMENT STORY</p>\n<p><br></p>\n<p>Let's suppose we have a man who buys 10 little bars of gold. &nbsp;And let's say that each little bar's price is $100.oo. So this man is the happy owner of $1,000.oo in gold bars. And let's say that the price of gold starts to rise the next days after his purchase.</p>\n<p><br></p>\n<p>What is the most common reaction?, What is the \"market\" reaction?. The man may not only be happy, but also may be interested in buying more bars of gold. &nbsp;But let us say that our friend remains calmed.&nbsp;</p>\n<p><br></p>\n<p>6 weeks later, the price of the gold bar is $200.oo. Our friend is very happy to have doubled the value of his investment. Everything seems to indicate (even the news and investment media) that in the next days, the gold price may triple! So our friend remains calmed again.&nbsp;</p>\n<p><br></p>\n<p>And suddenly, withount any previous warning (as usual in the investment enviroment) the gold price collapses! In two or three days the price reaches a historical minimum of, say $50.oo. Our friend, logically panics. And when a person panics may make the dumbest desicion of a lifetime.&nbsp;</p>\n<p><br></p>\n<p>Our friend, frightened with the idea of losing more money, rushes and sell all of his gold, at ANY price. Then, two weeks later, the gold price stabilizes around $90.oo.</p>\n<p><br></p>\n<p>Does this ring a bell to you? Initial wealth of our friend: $1,000.oo and his ending balance: $500.oo or less. What do you think our friend could have done? If he has had a time travel machine, he may have sent a message to himself in the past: \"When the gold's price hits $200.oo the bar, sell it all!!!\"</p>\n<p><br></p>\n<p>But, the truth is that there is no such time travel machine. What he COULD have done was to sell PARTS of his gold investment as soon as he saw that the price rose. But it was wise not to sell it all.&nbsp;</p>\n<p><br></p>\n<p>The logics of the stock market is the following: BUY when a commodity price is soaring, and SELL if the commodity price falls.</p>\n<p><br></p>\n<p>But the logics of any merchant, is to BUY goods precisely when they are the cheapest, and SELL them when they reach the highest price possible. And I think that the merchant's logics works way better.</p>\n<p><br></p>\n<p>WHAT TO DO WITH CRYPTOS?</p>\n<p><br></p>\n<p>A less speculative investor, would not panic. If he knows from good sources and from his personal research that the gold price will increase in the long run, he knows that the fluctuations are normal, and there is nothing to be worried about.</p>\n<p><br></p>\n<p>We invest in those assets we think are going to gain value in time. And one of the reasons to think the price of an asset will soar is that said asset is scarse (limitted in number or quantities). Well, cryptocurrencies ( most of them) have been designed precisely, with this ending in mind: To have their price increase with time. Instead of the relative value of fiat currencies which are issued without any restriction by central banks, cryptocurrencies have a roof limit in their quantities.</p>\n<p><br></p>\n<p>If any crypto has survived to its infancy, it is very likely to see its value growing.</p>\n<p><br></p>\n<p>And this is our basic criterion. From this point on we can search among the most profitable cryptocurrencies in the market (i.e., the ones with the biggest capital market, like bitcoin, ethereum, DAO, and now steem!), and polish our gesses.</p>\n<p><br></p>\n<p>Cryptocurrencies give the common citizen the power of participating for the first time in history in an investemnt market. The minimum quantities required to initiate an investment, and the cost of any transaction fee are ridicolously low compared to the traditional stock markets.</p>\n<p><br></p>\n<p>So, let me introduce to you to my simple recipe to a \"loseless\" investment procedure.</p>\n<p><br></p>\n<p>MY INVESTMENT RECIPE</p>\n<p><br></p>\n<p>1° Choose a good crypto-asset to invest on. This is any asset you think is a good investment right now, or for the next weeks. And due to the halving event, Bitcoin is a very good candidate.</p>\n<p>2° Choose a good COUNTER-Asset. Choose any other crypto asset you are pretty sure is going to gain value, or at least to keep its value the next days. As long as it differs from the asset in step N°1, and as long as you think it is an asset that will keep a good value or increase its value in time, that's ok.</p>\n<p>3° Bear a spreadsheet, like an excel document, to record the market values of your asset and your counter-asset.</p>\n<p>4° Choose a window of values for your asset. I mean, what value do you think your asset price would not go below? This will be the \"floor\" price for the period of time you will handle your investment. On the other hand, what do you think your asset price would not go above? This will be the \"roof\" price. These values will help you to adjust the relative margins of change for the asset and counter-asset prices. This is in order to give you the control over the risk in your movements. These are subjective and intuitive variables.</p>\n<p>5° If the price of your asset increases with respect to your counter-asset, sell a small part of your asset to buy a small part of your counter-asset. How much? This must be a personal decision, but in terms of percentage of the amount of asset you have, this is my formula:&nbsp;</p>\n<p>[1-(Old Price-floor)/(New Price-floor)] x 100% &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&lt;1st formula&gt; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>\n<p>6° If the price of your counter-asset increases with respect to your asset, sell a small part of your counter-asset to buy a small part of your asset. How much? Again, in percentage terms, this is my formula:</p>\n<p>[1-(Old Counter Asset Price - {1/roof})/(New Counter Asset Price - {1/roof})] x 100% &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&lt;2nd formula&gt;</p>\n<p>These formulas are based on intuition and common sense criteria, but let's leave the maths for another moment, and let's focus on more relevant topics.</p>\n<p>The expected situation is that if the price of your asset rise with respect to your counter-asset, the price of your counter-asset will decrease with respect to your asset. But it depends in many cases on the mediator you choose, and the fees on the exchange transaction.&nbsp;</p>\n<p>In some rare cases, it may ocurr that both prices may rise! In that case, what we should do?<br>\nWe should sell in both directions!.</p>\n<p>And in those rare cases in which the both prices fall, DO NOT DO ANYTHING, or you will lose money!</p>\n<p>7° Repeat these steps (from 1° to 6°) as often as you can and never sell completely any of your assets.</p>\n<p>Since price fluctuations ocurr frecuently, especially in dynamic markets, the more often we move money, our portfolio value is more likely to increase.</p>\n<p>If your asset price rise, and then falls and finally recovers the initial price (like in the gold story), following this procedure you will increase the balance in both of your assets (the asset and the conuter-asset).</p>\n<p><br></p>\n<p>A BETTER GOLD INVESTEMENT STORY</p>\n<p><br></p>\n<p>Let us see now what would have happened if our gold investor friend had applied the proposed recipe or procedure:</p>\n<p>#1: The investor must have kept a reserve in dollars as counter-asset, besides his investment in gold. So, let's say that his initial balances were: 10 bars of gold and, (say) $700.oo.</p>\n<p>#2: Let's say that our friend chose as floor value $70.oo and as roof price, $150.oo.</p>\n<p>#3: When the bar's price went from $100.oo to say, $130.oo it corresponded to an increase of 50% (According to the 1st formula). But as the transactions must be made with small portions of our investments, our friend needed to adjust the window for gold prices. What this means is that you &nbsp;always need to trust a little in your guts. Let us say thar the floor price was changed to $40.oo. So the 1st formula gave an increment of &nbsp;33%.</p>\n<p>From my point of view it seems a little bit large yet. But it's ok. Our friend sold 3 bars of gold.<br>\nNow he had 7 bars of gold and $1,090.oo.</p>\n<p>#4: Days later, the price of the bar of gold rose up to $160.oo. Amazing! Now my 1st formula gave an increment of 25%. He could sell 25% out his 7 bars: 1.75. So, our man rounded up and sold 2 bars of his gold.</p>\n<p>Now he had 5 bars of gold, and $1,410.oo.</p>\n<p>#5: The news were spread, the gold hit a higher price. But our friend wasn't pending in gold prices, and by the moment he ran to the dealer, the price was less than $200.oo the bar: Then the price was $180.oo. There was no tragedy. It was still an increase since the last transaction (at $160.oo). So it was good to sell. Now the 1st formula gave him 14%. And 14% of 5 = 0.71.</p>\n<p>He could adjust again the window, making the floor again at $70. But the difference is not much. Our friend decided to sell only 1 bar of gold, because there were lots of exprerts anouncing that gold may triple its price.</p>\n<p>So, now our friend had 4 bars of gold and $1,590.oo.</p>\n<p>#6: But, bad news! Gold prices fell two days after to $140.oo. It may have been just a rough patch, but the procedure was clear: BUY GOLD! How much? There was a very low roof. So he adjusted it to, say $300.oo (Since experts said the price may triple) and the calculations for the 2nd formula gave him:</p>\n<p>Old Price of Counter-Asset, the dollar: &nbsp;0.0056 bars of gold per $. (=1/180)</p>\n<p>New Price of Counter-Asset: 0.0071 (= 1/140)</p>\n<p>1/roof : 0.0033 (=1/300)</p>\n<p>Relative increase (2nd formula): &nbsp;42 % ... May be a wrong guess. So he may followed his guts by removing the \"1/roof\" part, and the increase was 22%, much more close to a \"small\" quantity.<br>\nAnd 22% of $1,590.oo = $353.33 = 2.5 bars of gold. So our investor decided to buy 3 bars.</p>\n<p>So, now he had 7 bars of gold and $1,170.oo.</p>\n<p>#7: The situation worsened. Gold price was around $110.oo. The procedure told him to buy more gold!<br>\nEven when it may be counter-intuitive, things need to be done the way a merchant would: buy cheap assets.<br>\nThe 2nd formula gave him this time (with \"roof\" term removed) &nbsp;21% of $1,170.oo: 2.28 bars. So he bought 2 more bars (he had enough dollars to do it).</p>\n<p>So, now he had 9 bars of gold and $950.oo.</p>\n<p>#8: The ultimate collapse happened. The gold price hit the ground of $50.oo. What a tragedy! But he felt confident, and decided to BUY. Yes, to BUY.</p>\n<p>If he kept the \"roof\" term removed from our 2nd formula, it would suggested him to buy 54.5% of his %950.oo: 10.35 bars of gold!... He made a little risky movement, and bought 10 bars with $500.oo. (He had enough dollars to do it!)</p>\n<p>So, now he had 19 bars of gold and $450.oo and expected the gold not to fall much more.</p>\n<p>#9: Weeks after, the situation was normal again with, say $90.oo the price of the bar of gold. &nbsp;So, our investor decideed to sell gold again, according to the 1st formula (let's make it easier without the \"floor\" term): 44% of 19 bars of gold = 8.4 bars.<br>\nSo the man sold 8 bars, and the ending balances were: 11 bars of gold and $1,170.oo.</p>\n<p>How much did the investor have now?</p>\n<p>$90.oo x 11 bars of gold + $1.170 = $2,160.oo</p>\n<p>From an initial balance of</p>\n<p>$100.oo x 10 bars of gold + $700 = $1,700.00</p>\n<p>You may think that 27% of profits in dollars in some few weeks is not much, but is a good figure in the investment enviroment. But if we see the profit in terms of bars of gold:</p>\n<p>Initially: 17 bars</p>\n<p>At the end: 24 bars</p>\n<p>There is more than 41% of profits.</p>\n<p>If these cycles of fluctuations in prices are oftenly repeated and seized, these profits will accumulate in time, giving to our portfolios a good reward from this kind of procedure.</p>\n<p><br></p>\n<p>TABLE</p>\n<p><br></p>\n<p>Step &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bars of Gold &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance in $ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Price of gold</p>\n<p>#1 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$700 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100</p>\n<p>#2 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,090 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$130</p>\n<p>#3 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,410 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$160</p>\n<p>#4 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,590 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$180</p>\n<p>#5 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,170 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$140</p>\n<p>#6 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$950 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$110</p>\n<p>#7 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$450 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50</p>\n<p>#8 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1,170 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$90</p>\n<p><br></p>\n</html>",
      "json_metadata": "{\"tags\":[\"crypto\",\"cryptocurrency\",\"cryptocurrencies\",\"investment\",\"strategy\"]}"
    }
  ]
}
steemcreated a new account: @jjmr007
2016/07/09 18:47:51
fee10.000 STEEM
creatorsteem
new account namejjmr007
owner{"weight_threshold":1,"account_auths":[],"key_auths":[["STM7b9qfQysGHjxp22YFkbdn4j5Ybv574MMvqxGZwmeZR4W35dvsa",1]]}
active{"weight_threshold":1,"account_auths":[],"key_auths":[["STM6KkDYucgXKASbCrgkhdELCWN78jp5LEG5CGjVp7EtxLDyfVPeu",1]]}
posting{"weight_threshold":1,"account_auths":[],"key_auths":[["STM6NsZ5fcZWNnkqUk8znUtcXMLyiKeJPL9T6vdkJd9JxzrAQpmgX",1]]}
memo keySTM67JEeM4yn8Td5pRvQzWTxH1S3Gmu64k5wKfexkBcroC8Cbisc4
json metadata
Transaction InfoBlock #3054288/Trx f3902b4e61a73f5195ea9bb0b5367f0e13df4462
View Raw JSON Data
{
  "trx_id": "f3902b4e61a73f5195ea9bb0b5367f0e13df4462",
  "block": 3054288,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-07-09T18:47:51",
  "op": [
    "account_create",
    {
      "fee": "10.000 STEEM",
      "creator": "steem",
      "new_account_name": "jjmr007",
      "owner": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
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            1
          ]
        ]
      },
      "active": {
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        ]
      },
      "posting": {
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        ]
      },
      "memo_key": "STM67JEeM4yn8Td5pRvQzWTxH1S3Gmu64k5wKfexkBcroC8Cbisc4",
      "json_metadata": ""
    }
  ]
}

Account Metadata

POSTING JSON METADATA
None
JSON METADATA
None
{
  "posting_json_metadata": {},
  "json_metadata": {}
}

Auth Keys

Owner
Single Signature
Public Keys
STM7b9qfQysGHjxp22YFkbdn4j5Ybv574MMvqxGZwmeZR4W35dvsa1/1
Active
Single Signature
Public Keys
STM6KkDYucgXKASbCrgkhdELCWN78jp5LEG5CGjVp7EtxLDyfVPeu1/1
Posting
Single Signature
Public Keys
STM6NsZ5fcZWNnkqUk8znUtcXMLyiKeJPL9T6vdkJd9JxzrAQpmgX1/1
Memo
STM67JEeM4yn8Td5pRvQzWTxH1S3Gmu64k5wKfexkBcroC8Cbisc4
{
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM7b9qfQysGHjxp22YFkbdn4j5Ybv574MMvqxGZwmeZR4W35dvsa",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM6KkDYucgXKASbCrgkhdELCWN78jp5LEG5CGjVp7EtxLDyfVPeu",
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  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM6NsZ5fcZWNnkqUk8znUtcXMLyiKeJPL9T6vdkJd9JxzrAQpmgX",
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      ]
    ]
  },
  "memo": "STM67JEeM4yn8Td5pRvQzWTxH1S3Gmu64k5wKfexkBcroC8Cbisc4"
}

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