Bad News For Week Ending Friday, May 4, 2018

Bad News For Week Ending Friday, May 4, 2018

Hi Neighbor. It’s a beautiful day in the neighborhood, the Republic of Bad Cryptopia. And we’re glad you’re our neighbors. Sure.

It’s nice to see the altcoins continue to go up, isn’t it? Uh-huh. We think so. Another financial powerhouse is getting into the crypto space. Won’t that be nice?

You know what else would be nice? If you were an Oscar Mayer weiner… because then you might get some bacon coin.

There’s a new book written just so children can understand blockchain.

And Bad Crypto has been nominated for a major award. We hope it’s a leg lamp.

Welcome to the neighborhood. We’ve got lots of news for you and if you’re good little boys and girls, we’ll have storytime. Get your nap mats out and enjoy your milk and cookies as we enjoy episode #121 of The Bad Crypto Podcast.

WELCOME TO EPISODE 121!

EPISODE SPONSOR – ZILLA

ZILLA, the ICO app is back, and now they are finally in the APPLE App Store!
With the ZILLA app, you can find ICOs, evaluate the Team, Timeline, Token, and Tech easily and participate in the ICO directly through the App.
This is still an early build so the wallet and chat are not yet activated but they’re coming soon.
Hold tight for the Android version also due out soon.
Download the ZILLA app on the App Store today.

Ways to connect with Bad Crypto

Vote for Bad Crypto!

The Bad Crypto Podcast Is Nominated for ‘Best Podcast’ in The Crypto Influencer Awards

www.cryptoinfluenceaward.com

NEWS!!!

World Cryptocon 2018 Ticket Winner for Week:

Maria Rockwell

Want to enter for a chance to win? Head to: badco.in/wcc

WRITE CONGRESS ABOUT CRYPTO!

House Financial Services Committee Members

Mr. Bill Huizenga, Chairman
https://huizenga.house.gov/contact/
(202) 225–4401

Mrs. Carolyn B. Maloney (New York)
https://maloney.house.gov/services/email-me
(202) 225–7944

Mr. Brad Sherman (California)
https://sherman.house.gov/contact/contact-congressman-sherman-form
(202) 225–5911

Mr. Randy Hultgren (Illinois)
https://hultgren.house.gov/contact/email-randy
(202) 225–2976

Mrs. Ann Wagner (Missouri)
https://wagner.house.gov/contact/email-me
202–225–1621

Mr. Stephen F. Lynch (Massachusetts)
https://lynch.house.gov/contact-me/email-me
(202) 225–8273

Mr. Tom Emmer (Minnesota)
https://emmer.house.gov/contact/email
(202) 225–2331

Mr. David Scott (Georgia)
https://davidscott.house.gov/contact/contactform.htm
(202) 225–2939

Mr. Thomas MacArthur (New Jersey)
https://macarthur.house.gov/contact/email
(202) 225–4765

Mr. Ted Budd (North Carolina)
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202–225–4531

Mr. Georgy W. Meeks (New York)
https://meeks.house.gov/contact
(202) 225–3461

Mr. Bruce Poliquin (Maine)
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(202) 225–6306

Mr. Keith Ellison (Minnesota)
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(202) 225–4755

Mr. Trey Hollingsworth (Indiana)
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202–225–5315

Mr. Warren Davidson (Ohio)
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(202) 225–6205

Mr. Frech Hill (Arkansas)
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(202) 225–2506

Senate Banking Committee

Mike Crapo (Idaho)
https://www.crapo.senate.gov/contact
(202) 224–6142

Richard Shelby (Alabama)
https://www.shelby.senate.gov/public/index.cfm/e-mail-senator-shelby-landing
(202) 224–5744

Bob Corker (Tennessee)
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(202) 224–3344

Pat Toomey (Pennsylvania)
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(202) 224–4254

Dean Heller (Nevada)
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202–224–6244

Tim Scott (South Carolina)
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(202) 224–6121

Ben Sasse (Nebraska)
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202–224–4224

Tom Cotton (Arkansas)
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(202) 224–2353

Mike Rounds (South Dakota)
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(202) 224–5842

David Perdue (Georgia)
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(202) 224–3521

Thom Tillis (North Carolina)
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(202) 224–6342

John Kennedy (Louisiana)
https://www.kennedy.senate.gov/public/email-me
(202) 224–4623

Jerry Moran (Kansas)
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(202) 224–6521

Sherrod Brown (Ohio)
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(202) 224–2315

Jack Reed (Rhode Island)
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(202) 224–4642

Robert Menendez (New Jersey)
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(202) 224–4744

Jon Tester (Montana)
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(202) 224–2644

Mark R. Warner (Virginia)
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202–224–2023

Elizabeth Warren (Massachusetts)
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(202) 224–4543

Heidi Heitkamp (North Dakota)
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(202) 224–2043

Joe Donnelly (Indiana)
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(202) 224–4814

Brian Schatz (Hawaii)
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(202) 224–3934

Chris Van Hollen (Maryland)
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(202) 224–4654

Catherine Cortez Masto (Nevada)
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(202) 224–3542

Doug Jones (Alabama)
https://www.jones.senate.gov/content/contact-senator
(202) 224–4124

DISCLAIMER NOTE:

Neither the Bad Crypto Podcast nor Joel or Travis are making any recommendations as to investing in this or any token or crypto-currency. The information in this podcast is for informational and entertainment purposes only. Please do you own due diligence and consult with a professional financial adviser before making any investments.

OTHER RESOURCES MENTIONED ON PREVIOUS PODCASTS:

The Bad Crypto Research Repository – Bitcoin, Blockchain, Cryptocurrency, & Fintech News.
Coinbase – Get $10 of free bitcoin for signing up and spending $100 in crypto!
Create a Bitshares Account for trading BADCOIN on OpenLedger 
How to Make a Paper Bitcoin Wallet 
The Bad Crypto Mastermind Group

SUBSCRIBE, RATE, & REVIEW:

FOLLOW US ON SOCIAL MEDIA:

DONATE CRYPTO TO THE SHOW:

If you’d like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

 $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ
 $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328
 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr
 $DOGE Dogecoin:  DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5

GET STARTED WITH CRYPTO WITH $10 BITCOIN FREE:

We have an affiliate code with Coinbase.  If you decide to buy some crypto on Coinbase, you get $10 of free BTC, when you spend at least $100 in crypto.  The Bad Crypto Podcast also gets $10 BTC, as well.

Win-Win.

Coinbase is one of the most popular and well-known brokers and trading platforms in the world. Their platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone.

Do your own due diligence, some people have had some customer support issues.  Neither Joel nor Travis can attest to that.  If you do use Coinbase, once your coins clear, move it to an offline wallet or if you choose, move them over to another exchange.

Here is a list of all of the top crypto-currency exchanges.  Choose one that you like.

DISCLAIMER:

Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS.

We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS.  Don’t take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never “pump or dump” any cryptocurrencies. Take what we say with a grain of salt.  You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

Show Edited By: Aaron The Tech (http://aaronthe.tech)

Ian Balina is a Crypto Made Man | Bad Crypto Podcast ep. 89

Ian Balina is a Crypto Made Man | Bad Crypto Podcast ep. 89

What does it take to pick winners in the ICO space? Ian Balina knows a thing or two as his system for choosing the companies most likely to moon has gone viral in the crypto community.

Today, we welcome Ian to the show to discuss this system, his biggest wins in the ICO space, his projections for the overall crypto markets and your questions.

It’s going to be epic, so put on your spaceman spiff helmet, hop in your lambo and get ready for takeoff. It’s episode #89 of The Bad Crypto Podcast.

WELCOME TO EPISODE 89!

Ways to connect with Bad Crypto

Show Sponsors – ZILLA.io & STAFFVIRTUAL

ZILLA

Guys you know about ZILLA the new ICO marketplace app. You can browse ICOs, upvote or downvote them so the good ones rise to the top. If you like an ICO, you will be able to participate using various tokens and credit card with 1 click.

Unlike many ICOs, the ZILLA team believes in actually shipping products, so they are releasing the beta app which should be in the Apple App Store in a few days. They are still working on the wallet functionality so you won’t be able to participate directly from the app YET but this is just to give you a feel for how the app will work when it’s fully baked. Check it out at ZLA.io/bad

[soc_divider height=”1″]

STAFFVIRTUAL

Right now, the entire crypto space is full of rapidly expanding companies, and drowning in user requests. This month’s sponsor STAFFVIRTUAL knows that whenever a company grows fast the hardest thing to keep up with is customer support.

If you’re a company in the crypto space, the solution is outsourcing. It’s really the only way to scale as quickly as you need to. STAFFVIRTUAL has applied its years of expertise in customer support and applied it to the cryptocurrency space.

STAFFVIRTUAL has been instrumental in cryptocoin pre-sales, brand awareness, and customer support. Make the most of your ICO by thinking of both your launch and long-term customer support needs. http://staffvirtual.com

FEATURE: Interview with Ian Balina

Ian Balina

Ian Balina is an influential Blockchain and Cryptocurrency Investor, Advisor, and Evangelist. He has appeared in The Wall Street Journal, Forbes, CNBC, Huffington Post, The Street, INC and Entrepreneur Magazine for his work in analytics, cryptocurrencies, and entrepreneurship.

A former Analytics Evangelist at IBM, Ian has brought a data-driven, “money-ball” approach to investing in cryptocurrency token sales (ICOs), called “Token Metrics”.

Ian is available for advisory and consulting opportunities to a select few blockchain companies and is currently an advisor to Nucleus Vision, GoNetwork, and Pareto Network.

Ian’s Metrics

DISCLAIMER NOTE:

Neither the Bad Crypto Podcast nor Joel or Travis are making any recommendations as to investing in this or any token or crypto-currency. The information in this podcast is for informational and entertainment purposes only. Please do you own due diligence and consult with a professional financial adviser before making any investments.

OTHER RESOURCES MENTIONED ON PREVIOUS PODCASTS:

The Bad Crypto Research Repository – Bitcoin, Blockchain, Cryptocurrency, & Fintech News.
Coinbase – Get $10 of free bitcoin for signing up and spending $100 in crypto!
Create a Bitshares Account for trading BADCOIN on OpenLedger 
How to Make a Paper Bitcoin Wallet 
The Bad Crypto Mastermind Group 

SUBSCRIBE, RATE, & REVIEW:

FOLLOW US ON SOCIAL MEDIA:

DONATE CRYPTO TO THE SHOW:

If you’d like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

 $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ
 $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328
 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr
 $DOGE Dogecoin:  DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5

GET STARTED WITH CRYPTO WITH $10 BITCOIN FREE:

We have an affiliate code with Coinbase.  If you decide to buy some crypto on Coinbase, you get $10 of free BTC, when you spend at least $100 in crypto.  The Bad Crypto Podcast also gets $10 BTC, as well.

Win-Win.

Coinbase is one of the most popular and well-known brokers and trading platforms in the world. Their platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone.

Do your own due diligence, some people have had some customer support issues.  Neither Joel nor Travis can attest to that.  If you do use Coinbase, once your coins clear, move it to an offline wallet or if you choose, move them over to another exchange.

Here is a list of all of the top crypto-currency exchanges.  Choose one that you like.

DISCLAIMER:

Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS.

We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS.  Don’t take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never “pump or dump” any cryptocurrencies. Take what we say with a grain of salt.  You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

Show Edited By: Aaron The Tech (http://aaronthe.tech)

Quickie: 6 Month Anniversary of BCP | Bad Crypto Podcast

Quickie: 6 Month Anniversary of BCP | Bad Crypto Podcast

Can you believe this show has been around for six months already? We can’t. And on today’s episode, we’re going to discuss where crypto was at when we recorded the first episode and where it is today. Hop into the time machine with us and let’s see where the first six months have taken all who are card-carrying citizens of The Republic of Bad Cryptopia in this “time flies when you’re being bad” quickie edition of The Bad Crypto Podcast.

Ways to connect with The Bad Crypto Podcast

Feature: 6 MONTHS!!!!!

DISCLAIMER NOTE:

Neither the Bad Crypto Podcast nor Joel or Travis are making any recommendations as to investing in this or any token or crypto-currency. The information in this podcast is for informational and entertainment purposes only. Please do you own due diligence and consult with a professional financial adviser before making any investments.

OTHER RESOURCES MENTIONED ON PREVIOUS PODCASTS:

The Bad Crypto Research Repository – Bitcoin, Blockchain, Cryptocurrency, & Fintech News.
Coinbase – Get $10 of free bitcoin for signing up and spending $100 in crypto!
Create a Bitshares Account for trading BADCOIN on OpenLedger 
How to Make a Paper Bitcoin Wallet 
The Bad Crypto Mastermind Group 

SUBSCRIBE, RATE, & REVIEW:

FOLLOW US ON SOCIAL MEDIA:

DONATE CRYPTO TO THE SHOW:

If you’d like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

 $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ
 $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328
 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr
 $DOGE Dogecoin:  DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5

GET STARTED WITH CRYPTO WITH $10 BITCOIN FREE:

We have an affiliate code with Coinbase.  If you decide to buy some crypto on Coinbase, you get $10 of free BTC, when you spend at least $100 in crypto.  The Bad Crypto Podcast also gets $10 BTC, as well.

Win-Win.

Coinbase is one of the most popular and well-known brokers and trading platforms in the world. Their platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone.

Do your own due diligence, some people have had some customer support issues.  Neither Joel nor Travis can attest to that.  If you do use Coinbase, once your coins clear, move it to an offline wallet or if you choose, move them over to another exchange.

Here is a list of all of the top crypto-currency exchanges.  Choose one that you like.

DISCLAIMER:

Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS.

We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS.  Don’t take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never “pump or dump” any cryptocurrencies. Take what we say with a grain of salt.  You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

Show Edited By: Aaron The Tech (http://aaronthe.tech)

Crypto Cagematch – Travis vs. Joel | Bad Crypto Podcast ep 17

Crypto Cagematch – Travis vs. Joel | Bad Crypto Podcast ep 17

It’s not Halloween, but in some regions of the world, It’s Ghost Month. What does that have to do with crypto? A guy gets stopped by TSA for carrying Bitcoin in his backpack.  And Travis & I each drop $100 on an alt-coin of our choice in a friendly competition.  

May the best investor win, and may your crypto-IQ increase from listening to episode #17 of The Bad Crypto Podcast.

WELCOME TO EP. 17

Welcome and thanks for tuning in.  If you don’t have your BADCOIN yet?  WTF is wrong with you?  Get it while it’s hot. http://badco.in/012 and go through the process. Email us or go to our facebook post on Badcoin and share your Bitshares ID with us.

Do something extraordinary on behalf of the show, and we might send you a million BADCOIN.  There are a few BADCOIN millionaires already. ?

LAST CHANGE TO SCORE 500 FREE LUMENS!

Now we have some great news!

Stellar is giving away all of their lumens, so that people and institutions will adopt them.

Have 500 FREE Stellar Lumens RIGHT NOW!

(available to VERIFIED newsletter signups)

  1. Go to this link: http://badco.in/news to sign up for our newsletter.
  2. Fill out your email and join our newsletter.
  3. Go to your email and VERIFY your address.
  4. To claim your Stellar Lumens, you should download a Lumens wallet.
  5. Here are a few to choose from: https://www.stellar.org/about/directory#wallets
  6. Transfer your lumens
  7. Any questions, contact Stellar Support: https://stellarorg.zendesk.com/hc/en-us
  8. Joel and Travis are not Lumens troubleshooters.  
  9. Contact Stellar with any install, wallet, or transfer questions.
  10. Here’s a video to show you how to use the wallet and claim your Lumens.!

Note: This is a paid placement by Stellar.org. While Joel & Travis are being compensated, we have vetted Stellar and believe their project is worth presenting to you.

QUESTIONS

What’s up, Joel and Travis. My name is John Delancey. I’m currently catching up on Bad Crypto. You finally gotten me into this crypto thing!

My question for you is and you may be planning to cover this but how do we do our research? How do we find the things like Neo that come on the market at $0.41 and then go to $41?

What resources have you found to do that kind of research? Or do you just kind of put money everywhere and see what happens? So that’s my question. I’d love to hear it on the podcast and best of luck and continued growth for The Bad Crypto Podcast. It’s awesome. I’ll be listening. Thanks.” – John Delancey via voicemail

Great question.  We did cover this a bit in episode 13 with the Altcoins.

What Travis does is go to CoinMarketCap and monitors the day’s big gainers and losers.  But to really get in early… you need to research ICOs.  And there are plenty you can research.

Here’s where you can find upcoming ICOs:

NEWS IN THIS EPISODE

TRAVIS VS. JOEL IN A CRYPTO CAGEMATCH TO DEATH!

In this episode, the last episode in the month of August, Joel and Travis are starting a month long competition.  Each co-host will spend $100 on one cryptocurrency worth $5 or less.

Each co-host shares three cryptos that they are looking at, and they pick one to invest the $100 in.  At the end of September, whichever host has the most money wins the competition.

These ARE NOT RECOMMENDATIONS or Financial Advice.  We are NOT financial advisors.  Do your own research. 

Here are three cryptocurrencies that Travis was checking out.

Travis decided to put $100 on BAT.  That got him 410 shares of BAT on August 31st, 2017

Here are three cryptocurrencies that Joel was checking out.

Joel decided to put $100 on DNT, which got him 875 DNT tokens. Let’s see who wins!  

Comment below with who you think will win, and if you’re right, we are going to give you $1,000,000 BADCOIN!

If you pick the wrong cohost, you get NOTHING and Mike Tyson will come punch you in the face!

OTHER RESOURCES MENTIONED ON PREVIOUS PODCASTS:

 Coinbase – Get $10 of free bitcoin for signing up and spending $100 in crypto!
 Create a Bitshares Account for trading BADCOIN on OpenLedger 
 How to Make a Paper Bitcoin Wallet 
 Tokenomics — A Business Guide to Token Usage, Utility and Value 

SUBSCRIBE, RATE, & REVIEW:

FOLLOW US ON SOCIAL MEDIA:

DONATE CRYPTO TO THE SHOW:

If you’d like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

 $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ
 $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328
 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr

GET STARTED WITH CRYPTO WITH $10 BITCOIN FREE:

We have an affiliate code with Coinbase.  If you decide to buy some crypto on Coinbase, you get $10 of free BTC, when you spend at least $100 in crypto.  The Bad Crypto Podcast also gets $10 BTC, as well.

Win-Win.

Coinbase is one of the most popular and well-known brokers and trading platforms in the world. Their platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone.

Do your own due diligence, some people have had some customer support issues.  Neither Joel nor Travis can attest to that.  If you do use Coinbase, once your coins clear, move it to an offline wallet or if you choose, move them over to another exchange.

Here is a list of all of the top crypto-currency exchanges.  Choose one that you like.

DISCLAIMER:

Do your own due diligence and research.  Neither Joel Comm nor Travis Wright are NOT FINANCIAL ADVISORS.

We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency.  We make NO RECOMMENDATIONS.  Don’t take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never “pump or dump” any cryptocurrencies. Take what we say with a grain of salt.  You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

Altcoins and the Problems They Solve | Bad Crypto Podcast Ep. 013

Altcoins and the Problems They Solve | Bad Crypto Podcast Ep. 013

The AltCoin is not a political movement, how much does the public know about Bitcoin?, and more free Stellar Lumens coming your way… But you gotta be fast.

All this happens on episode #13 of The Bad Crypto Podcast.

BADCOINS GIVEAWAY

Since last episode 012, we have given away over 15 million BADCOIN to our listeners for FREE.  If you want some then check out last episode’s show notes.

COMMENT OF THE WEEK

“Greetings from Thailand.  I’ve listen to all episodes. Fun and informative! As a result of your show, my 13-year-old son has turned his Alienware pc into a bitcoins miner…raking in bitcoin while sleeping and in school. Best part is he’s learning about Blockchain and crypto currencies at an early age!” – Jeff Fieklow, Thailand

That is EPIC, Jeff!  Big shout out to Jeff and his son!  Get your learn on!  We love hearing this.  Thanks for sharing, Jeff.  Glad you are loving the show.

CALL IN QUESTION

“I’ve been listening to the show for about two weeks already, and I think you guys are doing a great job. So I’ve actually been researching about Cryptocurrencies and blockchain technology for about two to three months already…

They got me thinking about how all these cryptocurrencies exist because of blockchain technology. So my question is, ‘What is to stop all these all these industries out there, that blockchain can potentially disrupt, to making their own that makes all these other cryptocurrencies part of their own?”  – Jesus

Great question, Jesus.  In fact, all of these currencies are built on their own blockchain.  Bitcoin uses their original blockchain, with some added changes, now. [read bitcoin fork]. Litecoin uses the same bitcoin blockchain for their coin.  Ethereum has it’s own, and many other coins are built off of the ethereum blockchain.

Monero and ZCash are the only two that anonymous transactions, so if you’re worried about a government creating their own competing blockchain, one of those may be the more secure route.

 [ ASK US A QUESTION BY VOICE 1-708-885-9030]

THE BAD CRYPTO NEWS

The market has been going up and down, eh?  Bitcoin Cash went up to $900 and back down to $600.  Some movement in Monero and some other altcoins, which is our topic this week!

Joel took an informal poll on his Twitter account, @joelcomm, asking about how much his audience knew about cryptocurrency.

According to this, most people still don’t really understand crypto. So, if you are one of our listeners, you are way ahead of most people!

Also in the news, we talk about how Nvidia, AMD, Intel, and others are profiting from the cryptocurrency mining craze.

TRAINING AND RESOURCES!

We had a relevant voicemail this week about the episode we preparing…

My question for you is I’m trying to better understand what the functional uses of all these alternative coins that are out there. You know, I understand with bitcoin. I can actually use it to purchase some product a different retail sites that are out there, but I think when it comes to all these other alternative coins.

I’m trying to just understand. What is the functional use? Obviously I could sell them for USD or sell them for other coins, but maybe you’d be helpful if you could give us some real examples of how some of these coins would be used? Thanks a lot.” – Angelo from Chicago, Illinois.

So in this episode, we describe the use of each of these altcoins.

  • Ethereum – Problem: Shortest term: the need for a platform to issue ICO tokens (and sell them with smart contracts); mid term: legal contracts are inefficient; long term: AI overlords
  • NEO – Problem: Same sort of problems that Ethereum is trying to solve. Chinese blockchain project, aiming to provide a smart contracts platform: “China’s Ethereum” – Rebranding as Neo.
  • Dash – Problem: Digital currencies should be consumer friendly, and there needs to be a process built into the network to allow it to fund both marketing and development of consumer friendly products.
  • Golem – Problem: People should be able to rent out their idle computer time for any variety of tasks. Decentralized super computer… Can’t rent out your computing power yet. Still in alpha.
  • Monero – Problem: Payments on a decentralized network should be anonymized.
  • Waves – Problem: ICOs on Ethereum are slow, they should happen on a faster, easier platform, with a decentralized exchange.
  • Steem – Problem: Content creators should be paid in a decentralized currency for their content posted to social media.
  • Ripple – Problem: The banking system is disjointed and contains thousands of ledger systems spread across the world, it’d be better if they all were on the same ledger system; Market makers park insane amounts of capital to facilitate payments where on a more efficient system they wouldn’t have to.
  • Stellar Lumens – Problem: Same as Ripple, early more of a focus on the underbanked. An offshoot of Ripple, aiming to connect banks, payments, and the underbanked for little cost.

Here’s a great article that goes into 70 different altcoins and what problem they solve (We pulled the problems from this site! Great resource)

CLOSING & REVIEWS

“The Cheech and Chong of the Crypto world. Nice conversational podcasts. Lay down the basics very nicely for this newbie which is ideal. Makes it easy to digest.” – Unknown user review from Podbean.

 

OTHER RESOURCES MENTIONED ON THIS PODCAST:

 Coinbase – Get $10 of free bitcoin for signing up and spending $100 in crypto!
 Create a Bitshares Account for trading BADCOIN on OpenLedger 

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If you’d like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

 $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ
 $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328
 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr

GET STARTED WITH CRYPTO WITH $10 BITCOIN FREE:

We have an affiliate code with Coinbase.  If you decide to buy some crypto on Coinbase, you get $10 of free BTC, when you spend at least $100 in crypto.  The Bad Crypto Podcast also gets $10 BTC, as well.

Win-Win.

Coinbase is one of the most popular and well-known brokers and trading platforms in the world. Their platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone.

Do your own due diligence, some people have had some customer support issues.  Neither Joel nor Travis can attest to that.  If you do use Coinbase, once your coins clear, move it to an offline wallet or if you choose, move them over to another exchange.

Here is a list of all of the top crypto-currency exchanges.  Choose one that you like.

DISCLAIMER:

Do your own due diligence and research.  Neither Joel Comm nor Travis Wright are NOT FINANCIAL ADVISORS.

We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency.  We make NO RECOMMENDATIONS.  Don’t take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never “pump or dump” any cryptocurrencies. Take what we say with a grain of salt.  You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.