13Jul 2019 by R&O No Comments
My Bitcoin Rollercoaster Ride

My Bitcoin Rollercoaster Ride

Bitcoin, Economy, Finance, Internet, Life, Technology
It's been 9 years since my first tentative experiments with Bitcoin and the ride is just as exhilarating as ever, even more so as the price has begun skyrocketing once again. After reading about the technology way back in 2013 and setting up my old windows computer with software to mine coins, realizing my hard drive was too small to store the blockchain ledger and my computer too slow and clunky to process transactions, I gave up before receiving any coins. But I realized that it was something important and I needed to learn everything I could about it and understand how it worked and more importantly, how to participate. Cut to mid 2019, almost 2 years after the crazy December 17, 2017 peak of USD $19,783.21 per coin and…
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13Aug 2014 by R&O No Comments
Buying Robin Williams’ House

Buying Robin Williams’ House

Celebrities, Finance
Since the recent suicide of Robin Williams, reports are surfacing regarding his financial problems due in part by the cost of his previous divorces from Valerie Velardi in 1988 and Marsha Garces in 2008. No one knows if this added to his depression but I'm guessing it probably didn't help much. Thanks ladies. In an attempt to stimulate some positive cash flow, other than selling some of his collection of 50 high-end bicycles, Williams listed his Napa Valley estate for sale for a paltry $29,000,000.00. He had yet to receive a solid offer and it has languished waiting for a buyer of substantial means ever since. [caption id="attachment_5542" align="alignright" width="300"] Click for larger view of this mortgage nightmare scenario[/caption]I decided to crunch a few numbers and see if I could…
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01Jan 2014 by R&O 1 Comment
Bitcoin: A Crash Course

Bitcoin: A Crash Course

Bitcoin, Business, Economy, Finance, Internet, Technology, The World
The interest in cryptocurrency is growing by both governments and individuals all over the world. Some governments fear a decentralized, unfettered currency, other governments (specifically China and Russia) are presently embracing and actively promoting the technology, though probably more to poke a finger in the eye of The United States than anything else. It's better for no one to control it rather than your enemy, right? In my opinion, two things are poised to change the world as we know it: 3D printing and a secure, dependable cryptocurrency. These two technologies will empower the global population more than any single events in history, allowing us to produce goods on demand and disallowing governments and banks from continuing to use our money as global economic weapons. These changes are well beyond…
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