Update

BTC DECEMBER UPDATE

update

updates....

XMR hike!

BTC > XMR

XMR massive price increase so have shifted some BTC to XMR

Update

been a while since I updated it...here is latest purchased some XMR

Down down down..

2 weeks after halving update

30 mins before halving

Latest....

via Blockfolio: goo.gl/p95yia

update

Purchased 0.5 BTC earlier this week for £244.66 as the value of bitcoin was going hi let's see how it goes so far seems to be rising rapidly

up up up

bitcoin surge

Price surge

BTC continue to increase today roughly.

Returns into four figures :-)

up up up!

Bitcoin all time high

update.....

slump!

Testing LTC

Sold some XMR ..purchased LTC looking good last few days...pump or genuine?
Time will tell!

More bitcoin and digibyte

Got another 24k worth of DGB and purchased 150 pounds worth of bitcoin! Total flat spending is now £850

Upwards for bitcoin.

Bitcoin ↑↑↑↑↑↑↑↑

BTC increase. ...

↑↑↑↑

Seems a good day for all coins today

Bitcoin purchase

Total Spend now £700
includin £14.08 referral from coinbase

Total spent today = £75 + £14.08 Referral rewards i got from coinbase using this Link

Bitcoin ↑ altcoins ↓

Trend continues bitcoin carries on increasing....and altcoin dropping quite a bit..with XMR suffering the most....

Still confident in the coins though and keeping them for long term!

XMR Slump!

Low XMR and more bit coin

Total spending is now 625 pounds

bought 30 pounds of bitcoin and also some cheap xmr at a rate of 89pence!

Bitcoin price

Bitcoin rise....

Latest......

MAID, DGB and XMR plus free bitcoin

got £6.96 free bitcoin from coinbase referral id
and purchased some more alt

further slump.....

update....BTC down

BTC slumped a bit from the weekend!

Ether climbing again so is DGB

Bitcoin price spike and DGB

Bitcoin hit over 300 pounds today and also DGB was quite high so purchased quite a bit very very cheap!

my total spending now is £595

Bitcoin Purchase

I decided to purchase some more bitcoin credit today as I haven't purchased quite a bit in awhile so I decided to purchase about £100 worth of Bitcoin which now bring my total spending to £495 altogether reason being is that for the last few days I have started to invest and looking to alt coins alternative crypto currency I have started investing in some as you can see from my screen shot below so let's see how this goes exciting times ahead

I then withdrew £20 worth of Bitcoin and purchase some monerow

more maid and xmr!

See attached

CURRENT HOLDINGS

Bitcoin: (1.27153039 BTC )
371.16 GBP


XMR (Monero) (2.99550000 XMR - )

Purchased for: 0.01232901 BTC
@ 0.00410967  Per Coin


MaidCoin: (49.92500000 MAID)
@ 0.00023400  Per Coin

MAID COIN

Today:


Transferred

−0.02523454 BTC
−£7.37 GBP

To Poloneix Exchange and Purchased some MAIDCoins for

49.89500000 MAID 0.00023448 BTC




First time I am doing this so lets see how it goes!

First Purchase of Ethereum

Decided to purchase some Ethereum today as there seems to be a lot of hype about this coin recently. 
Currently its prices is really low! at the time of Writing it was $9.08 USD

I have an account over at gatecoin.com which i can trade for Ethereum Quite Easily using Bitcoin

Was going to use Bittlicious but their min Ether Purchase is 10 which would have ended up costing me around £79 which I did not want to spend that much as it is

So instead i traded some Bitcoin for Ether

It was very simple

I logged on to gatecoin.com
Deposited some Bitcoin around −0.04791913 BTC / £13.65 from Coinbase to my gatecoin generated wallet

and from there I was able to trade for 2 Ether

Easy pain free process!

Lets see how it goes

Bitcoin Price Fall to $402

Today the Price of Bitcoin fell dramatically to $402

Good chance to purchase some credits so i bought another £100 Worth of Satoshi so my Current Balance Stands at

1.34442196 BTC


Current Spending is:

£200 + £20 + £75 + £100 = £395!

Doing a Quick Conversion (Chart is low at the moment just for my records

Total Payout + Fees = £374.43

Which leaves me currently in a loss at -£20.57

Expected because of such low cost of Bitcoin!

Current Rate of Bitcoin is £281.68

So will wait around for prices to go up then will do another calculation

Planning to Purchase a Second BTC within the next few weeks or so!

Earn Free bit coins

I recently came across this website 
A website which gives out Free Bitcoins or Satoshis (Allegedy so it claims!) So i thought let me give it a try why not to see if i can build up my balance

So i created an account used my email address and signup was very easy

Upon logging on to the site at first it just looks like one of those 90's style website designed in MS Frontpage with ads all over the page

http://freebitco.in/?r=2261029


So logged on and it seems to be full of games like guess the number and all sorts of stuff. Everything is for free and you can play different games to earn satoshi (note its games only. I do not condone gambling whatsoever nor do i support it) so no money is involved on this site and I would not promote such schemes either!

If its free why not?

Also Check out

https://99bitcoins.com/

Subscribing to their Email List gives you 100bits! The site is full of information and articles for those new to bitcoin! (Well I have subscribed already just waiting to see if i get the bits after i had to email them info about myself) 

Perhaps all these Faucets As they call it may add up to get bit coins...However i dont plan to spend all my time playing these games so anything as gained is a bonus!

1 Bitcoin!!!!

Finally I have 1 Bitcoin!

Made a Deposit of £75 Today to make my total ownership of
1.00353572 BTC

Quite happy about it for some reason!


So brings me total Spending to 

£200 + £20 + £75 = £295!


Bitcoin rate at the moment is a bit low its currently hovering on around $413 USD  / £287.28

To calculate it if i was to sell it right now it would be equal to £284.93 (Including 2.88 Coinbase Fees)

So would be at a loss by £10

Quite hopeful (IA) that it will the price will go up especially closer to Halving period which is due around 
end of  July

There is speculation that the price can go really high

On another Note Ethereum seems to be rising quite high currently it is sitting on $15 and have seemed to go quite high over the past few days

I will definitely be keeping my eye on that with a potential to invest

In the meantime my i am also keeping an eye on 
BitShares (BTS)
Unobtainium (UNO)
and Ether

£200 of Bitcoin!

I decided to  put in £200 worth of Satoshi into obtaining my First bitcoin

at the current rate of $413 Dollars

My current bitcoin Balance now stands at 

0.7553675 BTC


My Total investment so far towards the First bitcoin is £220
 + I got an extra £7 Worth of Credit free from Coinbase because i had signed up using a referral ID  
Feel free to signup using this link 
https://www.coinbase.com/join/56c1f86f1d4a4d3f56000009

Once you spend over $100 USD worth of Bitcoin you will get £6 (10 USD) worth of free Credit as well as me so really good added Bonus

Yesterday the Price of Bit coin hit over $420 and as of today (Saturday 12th March 2016) its falled down to $413 so thought I would try buy in for now

Just as a quick calculation of Returns if I were to sell what I have at the moment on coinbase it would return the following:

0.7553675 BTC = £221.03

- Coinbase Fees = £2.21  = £218.82

Which means currently I am at a loss of -£1.18

But the Value of Bitcoin has gone down a great deal today..

Once the Price Raises up again I'm sure the Loss will turn into a small profit

Coinbase Referral Link

Those that plan to join Coinbase which I am using at the moment here for bitcoin purchases

Coinbase Referral Link

https://www.coinbase.com/join/56c1f86f1d4a4d3f56000009


The Rewards

Invite a friend who buys $100 USD (£70) of bitcoin or more, and you'll both earn $10 USD (£7) of free bitcoin!


Sign up using the link above!

Day 3....update

Hi All,

No new development in the last day or so since I last posted on this blog, I have actually been spending quite a bit of time looking at the Bitcoin and Ethereum Charts

IT seems that both are increasing in Price over the last 2 days or so

BTC – has increased quite a bit currently it is sitting on £289.34

ETH – After I made the First post it had a bad day went down quite a bit but seems to have shot up since currently sits on $11.68 USD

I made a post on Facebook saying “Bitcoin or Ether?”

And I got a reply from someone saying

“Unobtainium is the way to make money bro”

Never heard of this word before until now – originally thought It was some joke or something indicating the all this crypto is not obtainable and it’s all false. But after googling I found out it was a crypto currency with alias of UNO

Looking at the charts its quite low currently sitting on $2.05 http://coinmarketcap.com/currencies/unobtanium/

Not much coverage on it either online. So I guess just watch this space and it has made me think a bit more

Since my last post my goals have changed slightly after some serious reading about this topic over the past few days I have now set myself the following (Of course I can change my mind once I end up reading a post over at the bitcointalk.org forum so anything can happen

This is my plan

1)      Purchase 1 ETH for now I will just buy one and hang it out and see how it goes

2)      Want to top up bitcoin balance also knowns as Satoshi!

3)      I am going to read up on some of the more unknown currencies there is loads out there so I think I will spend some time reading up on the unknown ones...I may just purchase a bit especially if their prices are like 0.0001 or something ridiculously low like that so I may choose a couple and spend a maximum of one pound or 2 no more than that and purchase as much as I can if the price is ridiculously low and just hang on to it, because you never know one day it could become a big thing ..I don’t want to at this stage spend too much on the unknown ones few pennies is fine for now as it won’t be a major loss

I found a really good app for iOS called COINCAP

https://itunes.apple.com/gb/app/coincap-real-time-cryptocurrency/id1074052280?mt=8

Which shows all the Charts for the crypto currency in real time really useful!

Anyway I must say over the past few days this has been a new interest for me...as mentioned before I had absolutely zero experience with trading and bitcoin and crypto currently I am a total newbie and I am just working based on reading. So if anyone reading this would like to share or follow my adventures on this new trail or have any comments leave a message below

My aim with this blog is to keep a diary of what I am doing to follow my progress and also anyone else who is in a same situation as me can also follow what I am doing

At the end of the day it may work out or it may not work out...this is all new to me...and you never know until you try I guess!Which is the reason I am not investing so much into it keeping it to minimal so if it does not work out losses will not be that major!

Until next time post!

First Post - The Journey to Cryptocurrency

Hello All!

This is my First Post in my Journey of Investing into CryptoCurrency.

Reading all this stuff about Bitcoin, Ehtereum, Crypto Currency etc has just made me more curious and curious especially as I am from a Digital Background!


Anyway.. Few Weeks ago I knew absolutely nothing much about Bitcoin (Apart from the Fact that its some big thing everyone is talking about and how someone sold a pizza for 10,000 bit coins many  years ago and now its worth around £5.1 million! So I thought to myself why not lets see what the fuss is all about...

Ethereum...got introduced to this recently and people are saying it could be the next bit coin 2.0 perhaps?

Anyway my goals are to own atlest 1 BIT COIN

and also play around with Ethereum

So i shall be using this blog to document what I have done so those of you who wish to follow or take part and invest yourselves can see how i have decided to approach it. Maybe the right way or maybe the wrong way but i plan to learn along the way!

Firstly I have been hooked onto this forum
https://bitcointalk.org/index.php?board=67.0

Wealth of Information there talking about Cryptocurrency some EXTREMELY good information on there and worth a read


Anyway this is what I have done so far

1) Created a new account with www.Coinbase.com, there I plan to Purchase Bitcoins
Signup process is simple quite a lot of verification and personal information is required but its all good for security reason I have also downloaded the Coinbase Wallet app on my phone but it seems buggy for now so I have just resorted to the Website for now

Each time you sign on to the Website is has 2 Factor authentication meaning it will send you an SMS message each time you wish to login and you need to enter the verification code sent by SMS to to access the site. It also give you an On-line Wallet which you can store your Bitcoins too which generates an address - This  address is required in order for you to receive bitcoints to your wallet and stores it!

2) 1 BTC today was £288.30 - I decided to invest £20 towards the bit coin which i shall be building up slowly and slowly .. coinbase charged a .40p Fees so my currently balance at the moment shows up as

0.06790685 BTC ≈ 19.60 GBP

So hopefully intend to build up and add funds towards the goal of one bitcoin. Will wait around for a day or so to check the price till it goes down a bit before purchasing some more


3) I am looking at Ethereum at the same time

So far i have signed up to the following site

www.kraken.com - signed up Saturday night had to send over so many documents I am still not authorised yet so will have to wait

www.coingate.com - Same as above but got verified within 24 hours, however in order to purchase ETH I need to Bank Transfer a deposit to an International Bank account - which honestly has put me off a bit as they were based in Hong Kong, not so much the trust issue as they seem a legit and big company but the hassle of everything and how much would ACTUALLY be deposited once currency has been converted. So this was a put off


https://bittylicious.com/ - These guys seems ideal as they are UK based and allows me to purchase ETH via UK Debit/Bank Transfer which was ideal because i could pay in Pounds

Today ETH Rate on bittlicious was

Bank transfer £7.2877/ETH
Credit/debit card £7.6926/ETH

Considering yesterday the price was around £8.60 today it took a hit so i am going to wait a few days hoping it drops down then i plan to purchase probably around 5 ETH to start off with

I am convinced that ETH will become quite big, how big i would not say something to retire off with but I think we could profit on this a bit enough to be happy about, so i shall refer to this Post later down my journey!


The next thing to store ETH is finding an On-line Wallet
 I went to the official ETH Site for their Wallet https://github.com/ethereum/mist/releases/
However i could not find a version for windows 32bit for some strange reason! for Version 0.5.1 so i'll check back in a few days

I did find https://www.myetherwallet.com/ which seems interesting so i shall give it a go in a few days time or so

Let see how this goes!