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SALT Lending - Cash loans for Bitcoin collateral - NO CREDIT CHECK - EMPLOYMENT NOT REQUIRED - Saltlending.com

 
December 11, 2017 - 2:34 am
 
by Nandi Bear
 
 
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SALT coin and Saltlending.com

At some point in October (2017) I learned of SALT after watching, for the very first time, Bix Weir's RoadtoRoota youtube channel.

Apparently at some point in 2018 members at Saltlending.com will be able to secure cash loans (i.e., USD, GBP, YEN, CHF and RMB) by putting up any of the following coins as collateral:

(1) Bitcoin

(2) Ethereum

(3) Litecoin

(4) Dash

(5) NEM

It appears that loans are based strictly on collateral. There are no credit checks and employment is not a requirement.

Sometimes many of us regular people (even a Nandi Bear) may need a bit of cash. Cashing out (i.e., selling) Bitcoin doesn't always feel so great when the price of Bitcoin goes up by a few thousand dollars in the days following the sale!

A cash loan at SALT seems like a spectacular and thought-provoking idea. Some reasons in support of that position are, though not limited to, the following:

(a.) We don't need to sell our Bitcoin!

(b.) There's a chance that by the time a loan is paid back that the price of Bitcoin will have risen by a dollar amount equal to, or even well beyond, the dollar amount of the loan!

The SALT platform, wallets and where to buy SALT

Here's a quick look inside the SALT platform. They offer three (3) different memberships. Membership fee is paid annually.

Base = 1 SALT (may borrow up to $10,000.)

Premier = 10 SALT (may borrow up to $100,000.)

Enterprise = 100 SALT (may borrow over $1,000,000.)

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You may have noticed that within their platform they value each SALT coin at $25.00 USD. However, you may buy SALT on an exchange at a much better price.

You might also consider holding your SALT coins in a desktop software wallet (rather than within your SALT account) such as Exodus.io.

Later on you may, if you wish, send any amount of SALT from your Exodus wallet to your web wallet within your SALT account.

The Nandi Bear bought SALT coins through the ShapeShift.io exchange. At the time the price of SALT was at around $4.50 - $5.50.

Today the SALT price listed at Coinmarketcap.com is just a little above $8.00.

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Thanks for stopping by and reading!

PLEASE leave some comments! Talk a little!

↓ --- You may also find the Nandi Bear at --- ↓

Bitcoin.com

Steemit.com/@nandibear

 
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The first Bitcoin exchange site and how the value of Bitcoin was determined - New Liberty Standard - 5050 Bitcoins sold for 5 Dollars

 
November 10, 2017 - 6:56 pm
 
by Nandi Bear
 
 
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New Liberty Standard - first Bitcoin exchange site?

We have a long running book review of Nathaniel Popper's book Digital Gold: Bitcoin and the Inside Story of the Misfits and the Millionaires Trying to Reinvent Money over at Roger Ver's Bitcoin.com forum which you may check in on as more is added: Bitcoin book review episode 3: DIGITAL GOLD (BTC) - Hal Finney - illegal encryption export - cryogenics - Erik Voorhees.

According to pages 37 thru 39 of Nathaniel Popper's book it was October, 2009 when the first Bitcoin exchange site, New Liberty Standard, went online.

October (2009): 5050 bitcoins sold for $5 dollars

Pages 37, 38:

The Bitcoin forum went online in the fall of 2009 and soon attracted a few regulars. One of them, who called himself NewLibertyStandard, talked about the need for a website where people could buy and sell Bitcoins for real money. Martti [Malmi] had been talking to Satoshi [Nakamoto] about something similar, but he was all too glad to help NewLibertyStandard. In the very first recorded transaction of Bitcoin for United States dollars, Martti sent NewLiberty Standard 5050 Bitcoins to use for seeding the new exchange. In return Martti got $5.02 by Paypal.

How was the value of Bitcoin determined?

Page 38:

This trade raised the obvious question of how much a Bitcoin should be worth. Given that no one had ever bought or sold one, NewLibertyStandard came up with his own method for determining it's value - the rough cost of electricity needed to generate the coin, calculated using NewLibertyStandard's own electricity bill. By this measure, one dollar was worth around one thousand Bitcoins for most of October and November 2009."

If anyone reading this has any information to the contrary of any of that which is found in the foregoing please let us know!

You may also track Nathaniel Popper's book with Nandibear passport # 2016001252 as it travels the planet:

did-alan-greenspan-former-chairman-of-the-federal-reserve-predict-bitcoin-way-back-in-a-1996-speech

NandiBear.com is a website where books can be tracked as they travel the planet. Just print a passport sticker and affix it to the inside cover of a book!

Getting a passport for books that you are donating to charity or libraries (or gifting) is a spectacular and thought-provoking idea as you may be able to see where your books end up and the new owners throughout the years and maybe even a bit of international travel.

Nandibear passports should also be used for books which you intend to keep for yourself. Someday (perhaps many, many years down the road) your books may end up in new hands. Nandibear passports never expire, they are good forever!

nandibear.com nandi bear luke steemit.com

Thanks for stopping by and reading!

PLEASE leave some comments! Talk a little!

↓ --- You may also find the Nandi Bear at --- ↓

Bitcoin.com

Steemit.com/@nandibear

 
Continue reading →





Did Alan Greenspan - former chairman of the Federal Reserve - predict Bitcoin way back in a 1996 speech

 
October 12, 2017 - 4:26 pm
 
by Nandi Bear
 
 
did-alan-greenspan-former-chairman-of-the-federal-reserve-predict-bitcoin-way-back-in-a-1996-speech

Did Alan Greenspan predict Bitcoin way back in a 1996?

Here's a thought-provoking Alan Greenspan quote found within Nathaniel Popper's book Digital Gold: Bitcoin and the Inside Story of the Misfits and the Millionaires Trying to Reinvent Money (2015) on page 17:

We could envisage proposals in the near future for issuers of electronic payment obligations, such as stored-value cards or 'digital cash,' to set up specialized issuing corporations with strong balance sheets and public credit ratings.

The passage within Nathaniel Popper's book which leads up to the foregoing quote is as follows:

Perhaps the most famous, if flawed, oracle of the Federal Reserve, former chairman Alan Greenspan, knew that money was something that not only central bankers could create. In a speech in 1996, just as Cypherpunks were pushing forward with their experiments, Greenspan said that he imagined that the technological revolution could bring back the potential for private money and that it might actually be a good thing...

I wanted to verify that the Greenspan quote was accurate and also read that entire 1996 speech. The entire speech can found at the FederalReserve.gov website as well as archives (dating as far back as 1999) of the same at the Wayback Machine website.

The 1996 speech by Alan Greenspan ends with what he refers to as a conclusion:

In conclusion, electronic money is likely to spread only gradually and play a much smaller role in our economy than private currency did historically. Nonetheless, the earlier period affords certain insights on the way markets behaved when government rules were much less pervasive. These insights, I submit, should be considered very carefully as we endeavor to understand and engage the new private currency markets of the twenty-first century.

For the record I'm not big into using the word 'conclusion.' I'm more of an observation and hypothesis type of guy.

In any event, there's a long running book review of Nathaniel Popper's book Digital Gold: Bitcoin and the Inside Story of the Misfits and the Millionaires Trying to Reinvent Money over at the Bitcoin.com forum which you may check in on as more is added: Bitcoin book review episode 3: DIGITAL GOLD (BTC) - Hal Finney - illegal encryption export - cryogenics - Erik Voorhees

You may also track the book over at Nandibear.com with passport # 2016001252 as it travels the planet:

did-alan-greenspan-former-chairman-of-the-federal-reserve-predict-bitcoin-way-back-in-a-1996-speech

NandiBear.com is a website where books can be tracked as they travel the planet. Just print a passport sticker and affix it to the inside cover of a book!

Getting a passport for books that you are donating to charity or libraries (or gifting) is a spectacular and thought-provoking idea as you may be able to see where your books end up and the new owners throughout the years and maybe even a bit of international travel.

Nandibear passports should also be used for books which you intend to keep for yourself. Someday (perhaps many, many years down the road) your books may end up in new hands. Nandibear passports never expire, they are good forever!

nandibear.com nandi bear luke steemit.com

Thanks for stopping by and reading!

PLEASE leave some comments! Talk a little!

↓ --- You may also find the Nandi Bear at --- ↓

Bitcoin.com

Steemit.com/@nandibear

 
Continue reading →





Steemit Frightening Friday Night book talk with Nandibear! - Killer Elite by Bradley J. Steiner ~

 
October 6, 2017 - 9:50 pm
 
by Nandi Bear
 
 
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Steemit Frightening Friday Night book talk with Nandibear!

Welcome my friends and fellow Steemians you are now going to be up all night, spooked and terror-stricken, with the Nandi Bear!

Tonight's pick is a bloodthirsty and lethal little 112 page book called:

Killer Elite
by Bradley J. Steiner!

Hold on tight to your computer seat armchairs my brave and gallant Steemians! Here's what the catalog has to say about the book -

The killer-for-hire terminates life with impunity. Whether an independent contractor or hired by a government, the killer elite lives by rules forbidden to ordinary mortals! In this hard-hitting new book, internationally known combat martial arts artist Bradley J. Steiner discloses little-known secrets of the professional hit man.
The master killer knows how to keep a low profile and lead a "life apart" from society with suck tricks as laundering money payments and using mail-forwarding to throw authorities off the track. Learn all these and many more tricks of the trade as well as the latest information on improvised weapons, unarmed killing, evasion, driving and handgun skills, and building mental stamina.
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Steiner's murderous little guide book is now out of print (published by both Loompanics and Paladin in the mid 1980's) but you can probably find an old paperback copy somewhere.

Amazon has it listed for $500.00, $699.95 and $950.00.

If you do find a copy please stop over at Nandibear.com and apply for your book's passport and let us know what your thoughts are regarding the book.

nandibear.com nandi bear luke steemit.com

Thanks for stopping by and reading!

PLEASE leave some comments! Talk a little!

↓ --- You may also find the Nandi Bear at --- ↓

Steemit.com/@nandibear

 
Continue reading →





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