It's spring like weather today in Halifax, unusual for this time of year but I like it.
Some major sell off with Bitcoin during the last 24 hours but more buying is taking over so far today with the value rising.
Venezuela launched a crypto coin called 'Petro' based on the price of a barrel of oil. Critics in that government and in the US are not for it. This is will be the first time a country has launched it's own digital coin. There is no news about what 'exchanges' will support the 'Petro' as yet.
However, a major concern is that if President Madura loses the next election this spring, the coin may become illegal. Risky? Oh yeah.
It's a holiday Monday here in Nova Scotia and in the US.
In the Crypto world however, it's a 24/7 business and ponderings in the news about the Bitcoin 'bottom' today. It fell to around $6000 USD before coming back up to it's current value.
Can holders count on that being the lowest it will go ($6000) when another dip happens?
This is from people watching and reading the 'charts'.
My opinion. No, too unpredictable. I'm thinking $3000 USD perhaps.
ACX ... fairly quiet over the long weekend since Friday but I got paid twice to my STP account in that span.
It's a cold windy day here in Halifax but warming up by Monday. So far, it's been a very mild winter.
Bitcoin continues it's 'Bull' run today and it was a great week for the recovery of digital coins in general.
In the NHL, Toronto Maple Leaf fans have plenty to cheer about as the Leafs under the guidance of former Detroit Red Wing coach, Mike Babcock are racking up the wins heading for the Playoffs. Meanwhile, the Montreal Canadiens are the not doing well with 3 consecutive losses. The Habs won't make the playoffs and a lot of trade rumors are flying about.
As thrifty flower buyers for Valentines ponder how long those expensive roses will last while munching on the last few chocolates in the box, Bitcoin is once again up over 10 grand in USD value. How long? ... nobody knows that answer. New developments are the 'Lightning technology' crypto outfits are adding . A faster and cheaper transaction option. In tune with today's world of 'wanting it done yesterday' mindset.
Happy Valentines Day
.... and I hope couples don't lose that lovin' feeling in the video above by the inspiring ... Righteous Brothers.
Speaking of 'love', Bitcoin and Crypto owners in general must like the bit of a 'bull' run since yesterday driving up values.
ACX .... it is the longest running program I've been involved with and like the Markets and Crytpo's ... it's had it's fluctuations so just a reminder to 'accept the risk' for 'better or worse' where nothing is guaranteed in this online Biz. Kind of a play on words there where's it's Valentines and the marriage or plans of it.
I'm always sizing up fees. There are options with investing where I can move my money to get lower fees and other times I'm stuck with the standard that's available. Either way, can't escape them.
Good to see making Bitcoin transactions is close to being normal these days where the value is fairly steady compared to the wild swings of the past and Blockchains getting congested ... Miners than raising their confirmation fees and being selective. The last two sends I made where confirmed in less than an hour which is normal.
In the Market place, investors are also getting smarter and thriftier by joining low fee Fintechs, Roboadvisers with the rave being ETF's instead of Mutual Funds for their low management fees.
The overall goal is more 'net' dollars in the end for me from the original 'gross' spends or invests.
Examples are Tangerine Investment Funds that come with a 1% management fee compared to the typical brick and mortar bank's 2% or higher. ETF's are lower than that 1% and the reason they are so attractive now.
Crypto's haven't been talked about much in relation to the stock markets but these days where a lot of selling is happening in the stocks lately, Crypto currencies are in a bit of an upswing starting the week.
ACX ... with some unscrupulous members creating multiple accounts to take advantage of a free cash bonus has resulted in all members getting a deduction today in their DSC wallets. Moving on ... I requested a withdrawal today to my STP account.
The Winter Olympics are under way. Canadians have yet to win a medal but it's early and a lot of competitions are underway. A positive overview of it all is that the two Korea's have opened channels for talks.
With the Olympics there are some movies that come to mind like 'Cool Runnings' about a Jamaican bobsled team.
This year it's, 'Eddie the Eagle'.
The Markets along with the Crypto's had a wild up and down ride last week with things improving Friday and today. Slower to recover in Canada.
SolidTrustPay based in Canada has a new website look and added new features. TrustPoints Reward Program where a min transfer of $10 is worth 1 point. 100 points or more can redeemed for cash, gift cards ... transfer them to other members or donate to charity.
I've been using STP for a decade or more with the convenience of withdrawals and deposits from my bank.
On my 'The FinTrek' page, I added some information about an online Bank that I have been dealing with for years. Initially called Ing Bank, Scotiabank ( one of the top 5 banks in Canada) bought out the Canadian branch of Ing Bank and renamed it Tangerine back in 2012 backed by CDIC, Canadian Deposit Insurance Corporation.
They have a current promotion where a $100 deposit will gain a new account opening a bonus of $50 to April 30, 2018
(Add Tangerine Key number: 24769201S1 when registering) plus a 2.40% on savings and TFSA deposits to December 31, 2017.
I'm also into their investment portfolios with a current gain through my Tax Free Savings Account ... TFSA.
Currently watching but not registered with any sites at this time
Profit Share; Surfing or Viewing Websites required to Earn and/or Withdraw
Bitcoin Trading and
Medium to Long Term Pay Plan