Author Archives: The-Dood

About The-Dood

The Dood likes bitcoin!

The Dood Interviews

coooins website image

Screenshot great place to research altcoins & ICO’s

BitcoinDood: Hi and thanks for agreeing to this interview. You recently sent me an email about your project and after checking it out I was pretty impressed. Could you take a quick moment to introduce yourself and tell us a little about who you are and your relationship with

Coooins: I am Chris and I am the creator of Coooins. I am from California, I spend most of my time traveling and working now. I am a serial entrepreneur who has worked on various websites for the past 5 years. My last major website was HeadTalker which was a viral marketing platform that scaled to 100k+ users before being aquired by Newswire. I launched Coooins on New Years Eve. Coooins is a cryptocurrency data aggregation platform and portfolio tracker. You can research cryptocurrencies, ICO’s, subreddits, exchanges, Product Hunts, tweets, YouTube videos, and more!

BitcoinDood: I was most impressed with the amount of information available for traders looking to research projects. Tell the readers a little about, and the type of information they can find there.

Coooins: Thats great to hear. Coooins is a platform that is aggregating cryptocurrency related data from many resources. The site is currently connecting to 9 different API’s and will be connecting to more in the future. You can currently research 1,500 coins, 2,000+ ICO’s, 80+ Exchanges, 60 popular subreddits, cryptocurrency producthunts, 100 influencers, related tweets, related videos, and much more.

BitcoinDood: The site is pretty new. When did the project go live and how has it been recieved by the crypto community so far?

Coooins: The site is 10 weeks old. I started doing marketing 6 weeks ago. Only a small percentage of the community has seen Coooins. The feedback has been positive most of the time. I have also got some constructive feedback on the site which helps improve the platform. There is so many amazing cryptocurrency websites, I will have to keep working hard if I want Coooins to stick out from the crowd.

BitcoinDood: It’s great having so much information in one place. Why should users of your website trust as a source of good and reliable information? How is your data collected, and what insures its accuracy?

Coooins: Coooins is very new and has to establish trust within the community. Coooins gets most of its data from well establed platforms through their API’s. Its an intelligent decision for traders and investors to check multiple resources when researching.

BitcoinDood: The site has so many great features already. Are there plans to add any new features in the future?

Coooins: Yes the site is just getting started. It started as a side project and I have started to dedicate more time to it. A lot of the current features and data can be heavily improved so I want to spend some focus on that before adding more unique features.

BitcoinDood: The Dood really appreciates you taking the time to do this interview. I know you’re probably really busy and I just wanted to put together a few questions to introduce my readers to your terrific website. Is there anything you would like to add or tell the readers about that hasn’t been covered already?

Coooins: I appreciate the interview. To the readers: Check out and feel free to drop me some feedback to improve the website.

BitcoinDood: I generally end every interview with the same last question. What are your thoughts about the future of cryptocurrency in general? Where do you see this all heading? If we had a crystal ball and looked specifically to see what happens to cryptocurrency, what do you think we would see?

Coooins: My Prediction: There will be a flippening from fiat to cryptocurrency within the next decade after a few major fiat currencies collapse. People will lose trust in the old system and run to cryptocurrency as a safe haven. Certain countries will adapt it before others and thrive. Technology companies will start launching ICO’s instead of going down the traditional IPO route. More and more vendors will start accepting cryptocurrency. Blockchain will play a big role in purchasing real estate. Stock markets will slowly fade away as new companies go down the token route. The web will change rapidly. We are heading from web 2.0 to web 3.0 where cryptocurrencies, decentralization, distribution, oracles, blockchain, and new technologies will be used.



87,000 Ethereum ERC-20 Tokens From A Referral. POW!

The other day a friend sent me a referral link to receive some new Ethereum ERC-20 tokens. Not something I usually do, but he said he had received over 90,000 coins for taking part in this promotion for an up and coming ERC-20 Token called POW.

I figured what the hell, I’ll give it a try, The Dood loves free coins. I signed up using my twitter and sure enough, I received a little over 87,000 tokens. That’s pretty cool.

There’s not a lot of information on the site about the token offering. It is free, they haven’t asked ,me for any BTC or money and I get the impression they want the token to be used as a social networking token for sites like Facebook and Twitter.

According to the website, you receive POW ‘lite’ tokens for your referral, then in December the ‘lite’ tokens will be converted to ERC-20 and available for transfer sometime in December. Below info taken from faq :

Can I sell POW ‘lite’ for cash?

Not yet. But our plan is to build a ‘bridge’ between POW ‘lite’ and POW ERC20 by December 2017. This bridge will allow you to transfer your POW ‘lite’ onto the Ethereum Blockchain where it will becom POW ERC20. You will then be free to sell your POW ERC20 for cash. So, in the long term, the answer to your question is yes.


So this looks pretty interesting. I’m really looking forward to see what comes of this and what this token offering is planning. Apparently the amount of tokens each new person that signs up receives is reduced. Current sign ups are receiving around 60,000 tokens. I talked to someone on twitter who said he signed up on the second day and received over a million tokens.


If you’re like me and you like free coins feel free to use my referral link. I think this is a really interesting concept for an “air drop” and I’m really looking forward to seeing how this plays out.


PRESS RELEASE: FinLab enters the cryptocurrency world with an investment in the real-time bitcoin gold exchange Vaultoro Ltd.

Frankfurt/London, September 8, 2017. FinLab AG (ISIN: DE0001218063; Ticker: A7A.GR) is set to make a seven-figure investment in London-based Fintech Vaultoro Limited, the leading real-time trading-platform for Gold and Bitcoin in the world. Vaultoro will invest these new financial resources in further expanding its Bitcoin/Gold platform into a multi-asset platform, which will include the addition of a Euro/Gold pair and several additional cryptocurrencies like Ethereum. Vaultoro will invest in additional people and increase the marketing budget to facilitate continued strong growth.

Vaultoro is the fastest and most cost-effective way in the world to open a Swiss vaulting contract and buy physical allocations of gold against Bitcoins. This enables anyone to secure their savings outside of the banking system without losing liquidity. The goal is to allow anyone to hedge their savings in gold and bitcoin but spend it in any currency down to the cent using an internet vaulting app, and a gold backed Debit Card. Vaultoro enables anyone to trade into allocated gold instantly and secure that gold in a professional top-tier audited & insured vaulting facility based in Zurich, Switzerland.

The innovative asset platform pushes banking possibilities to the next level, enabling everyone from the unbanked in developing countries, to high net-worth individuals in the western world, the opportunity to trade and own investment grade allocated gold, anytime, anywhere.

In spring 2017, Vaultoro graduated from Techstar’s 2017 Berlin program, an accelerator program, which empowers entrepreneurs to bring new technologies to the market. Thus, Vaultoro was given the opportunity to connect with community leaders, founders, mentors, investors and corporate partners to facilitate innovation.

“With investment from a serious, fintech focused VC like FinLab, we can materialize our vision and mission a lot faster by rolling out technology over the coming months; technology that we have been building behind the scenes since our foundation. This includes the world’s first real-time gold based debit card, so that anyone can save in allocated bullion and spend it anywhere credit cards are accepted”, says Vaultoro co-founder, Joshua Scigala.

“We are excited about Vaultoro’s innovative real-time trading platform, that allows people from all over the world to trade and invest instantly into physical allocated gold, currently via their bitcoin savings and with other currencies like the Euro and Ethereum in the near future”, says Stefan Schütze of Finlab. “We are looking forward to supporting the ambitious Vaultoro team with our know-how, network and financial resources in order to develop Vaultoro into a leading multi-asset exchange platform.”

About Vaultoro Ltd.:
Vaultoro is a rapidly growing enterprise offering a secure alternative to traditional banking, merging gold’s long track record as a globally recognized store of value with the speed, transparency and divisibility of the Bitcoin blockchain. Vaultoro currently has over 7,500 clients from 94 countries that hold more than 12 million Euro worth of bitcoin and gold through the platform. In 2017, Vaultoro joined Techstars, one of the largest and most prestigious global investors in startups.

Press contact:
Vaultoro Limited:
Joshua Scigala
Phone: +44 20 3389 9643

About FinLab AG:
Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A.GR) is one of the first and largest company builders and investors focused on the Financial Services Technologies (“FinTech”) sector. FinLab focuses on developing German FinTech startups and providing venture capital for their financial needs, whereby in each case the aim is a long-term participation and ongoing support of the investment. FinLab also invests globally, as part of venture rounds, in FinTech companies, primarily in the USA and Asia.

Press contact:
FinLab AG:
Phone: +49 69 719 12 80 0

Interview With shwifteey From FUCK token.

BitcoinDood: First off, thanks for taking the time to answer the questions for this 
interview. Could you take a moment and introduce yourself, tell us a little 
about the project you represent and your relationship to the project?

shwifteey: My pleasure dood! I go by shwifteey and I am the community manager and business developer for FUCK Token. My partner Jexprand, the creator of FUCK Token, takes care of the more technical aspects of smart contracts and other types of coding.

BitcoinDood: So I guess my first question is.. Why fuck token? What made you name your 
token FUCK? I honestly can’t wait to see this hit exchanges just so I can
 see FUCK listed.

shwifteey: Jexprand originally incepted FUCK Token in early June of this year after binge watching SouthPark. I think all of the swearing kind of gave him an epiphany. He posted his creation on Bitcointalk and I immediately saw the potential for this project. He was hesitant to turn FUCK Token into something real but I kept pushing him to the point of being annoying. Our main goal with FUCK is to give a real, tangible value to the word in the form of currency. It’s a surprisingly deep question: “How can you give a fuck, if there are no fucks to give?” We took that concept, applied our love for cryptocurrencies/Ethereum and gave birth to FUCK Token.

BitcoinDood:Before PIMPcash re-branded to OKcash I remember they got a lot of flack 
from some of the different exchanges. Many took offense to the ticker PIMP.
 How has the name been received by the cryptocurrency community, and have
 you taken any flack for the ticker from different exchanges?

shwifteey: People either love FUCK Token or hate it. Exchanges have been very hesitant to list us (big surprise, I know). We have a lot of exchanges that want to be as professional as possible and don’t want the word FUCK all over their site. As our community grows, the exchanges are starting to realize that we are not a joke and some are easing up to the idea. As our tip bot rolls out I’m expecting exchanges to no longer give a fuck about our name and take notice that we are serious about creating something fun and valuable.

BitcoinDood:From what I understand this all started as an ICO. Why did you choose the
ICO model for your coin?

shwifteey: The main goal of our ICO was to raise funds to pay for exchange and marketing fees. Jexprand and I hit a point where we couldn’t afford some of the costs of taking FUCK Token to the next level. Now we have enough padding to pay for exchanges, market properly and hire developers. We set a hard cap because most ICOs ask for WAY too much money and end up ruining trust with their investors. We needed to show everyone that FUCK isn’t a money grab and we don’t need millions to bring it to the mainstream.


Recently the industry has been bombarded by ICO offer after ICO offer. What 
are your thoughts on the ICO business model? Do you think it’s here to stay
 or do you think this is just an industry trend that will eventually cool
 off and fade away?

shwifteey: I think it is here to stay. It’s amazing that almost anyone can invest in a project or company without being heavily involved with investment firms. Your average person can now throw some money towards a company or idea that they believe in.

The ICO model is not perfect though. What bothers me is the current craze surrounding them. Companies don’t need hundreds of millions of dollars to build software that takes three months to build. Cryptocurrencies are highly speculative and a lot of people are going to get burned when companies don’t deliver on their promises. Once these sorts of letdowns are common, I expect the ICO craze to cool off. Investors will spend more time researching the fundamentals of the companies as the market gets over-saturated.

BitcoinDood:Many people are probably asking themselves if this is a parody token or
 you’re actually serious about this project. Where do you stand with this?
Are you serious, just having fun or somewhere in the middle?

shwifteey: We are somewhere in the middle, leaning towards serious. Although, being serious about delivering our promises doesn’t mean you can’t have fun while doing it. We want people to enjoy the process of learning about cryptocurrencies. Sending someone a FUCK is still quite complicated to a newcomer: you need to understand Ethereum wallets, gas, tokens etc. Although the Doge creator hates me for using this, I picture FUCK Token as the Doge of Ethereum. We are going to deliver our product with a nice amount of fuckery and fun in the process. We know there is huge potential for introducing newcomers to cryptocurrency through tipping FUCKs. The name immediately grabs your attention, for better or worse.

BitcoinDood: ERC20 tokens are all the rage right now. What are your thoughts on ERC20
tokens? If someone told you they were considering using the ERC20 platform 
for their next project, what would you tell them?

shwifteey: I am definitely biased on this question because I am a big fan of Ethereum. Part of the appeal for FUCK Token is that it is an ERC20 token and anyone can store it on their Ethereum wallet. For an altcoin trader or holder, having 50 different wallets can become a pain in the ass. I’d tell anyone starting an ERC20 token that they should thoroughly test their contract multiple times and have as many people check it as possible. Even companies raising millions of dollars have problems with their smart contracts.

BitcoinDood:It seems someone actually gave a fuck about The Dood… Actually a couple
fucks were found in The Dood’s Ethereum wallet. Besides people actually
 wanting to give a fuck, is there a special purpose or use case you’re
 trying to achieve with FUCK?

shwifteey: We’re leaving the door open for FUCK token use cases. Some community members have taken it upon themselves to send hackers 1 FUCK to show how they felt. These types of shenanigans are FUCK Token approved and encouraged. We’ll be pushing r/gonewild adoption of FUCK as their main tipping currency. I’m sure the ladies there will appreciate a tip of real money rather than an upvote. We’re also discussing the possibility of setting up a “Give a FUCK” charity, where anyone can donate money to a cause of their choice. The word “FUCK” has so much untapped potential and we are willing to explore any possible avenue that comes our way.

BitcoinDood: So you guys are actually working on tipbots and integrating use of the 
token into various social medial platforms. Could you give us some reasons
 why anybody would “give a FUCK” on social media, and what else can we
 expect for your roadmap moving forward?

shwifteey: Right now our main focus is ironing out the details of our Reddit tip bot. We’ve noticed there is a large demand to give someone “No FUCKs”, so we’ve integrated burning of FUCKs into our bot. The concept is that you care so little about someone’s comment you are willing to light a couple FUCKs on fire, never to be seen again. This also acts as incentive for investors because the total supply of FUCKs on earth decreases. We are also creating a “Hall of FUCKs”, where the world’s biggest FUCKers and biggest burners will be showcased. I’m sure it would be nice to know you give the most (or least) FUCKs out of anyone in the world.

After our Reddit tip bot we’ll be focusing on Twitter. We have plans to create a Chrome plugin that simplifies the process of giving and receiving a FUCK on Twitter. Later down the line we’ll move towards Slack, Discord and Twitch.

Eventually we’d like to have a central hub where all of our tipping platforms are connected, kind of like a FUCK hub. That way you can link your accounts between bots and easily withdraw/add FUCKs to all social media platforms. We’re discussing integration with WordPress, so anyone can give a FUCK about your blog posts with a small widget on the bottom. We haven’t added these to our roadmap but we’ve got to keep people on their toes ya know?

BitcoinDood: You guys are currently in the process of getting listed on exchanges. Where 
can people get some FUCK’s if they want them?

shwifteey: Currently FUCKs are available on Etherdelta and NovaExchange.



BitcoinDood: Thanks again for taking the time for this interview. Do you have anything
 you would like to add about the project that hasn’t already been covered in
 the interview?

shwifteey: I want to give a shout out to our tip bot developer, Dave-zilla. This guys is truly a coding wizard and has done more for FUCK Token than anyone else. Big ups Dave. Also, I want to thank you, Dood, for taking the time to interview us. We appreciate the Dood and all his work!

Thanks, I appreciate the kind words I end every interview with the same last question. Where do you see 
cryptocurrency headed in the future? Any thoughts, trends or predictions 
you can share on the future of cryptocurrency in general?

shwifteey: Without sounding like too much of moon-kid, I see crypto revolutionizing our society in ways we can’t even imagine yet. I think the general public will never care to understand it on a technical level but will use it every day- kind of like the internet. In 1977, you’d be called a fool for trying to explain what society is like today. For crypto, I don’t think anyone can predict which coin(s) will come out on top- all I know is we are in for one hell of a ride over the next 10 years.

Thanks again to shwifteey for the great interview. If you’d like to find out more about FUCK token you can check out these links here:

Thanks for reading this interview all the way to the end. Feel free to comment with your Ethereum address and maybe someone will give a FUCK.

Giveaway complete! I’m using myetherwallet and I keep getting weird errors! I’ll audit what was sent out and make sure everyone got coins! Thanks

My 5% – 25% Percent Rule For Altcoin Trading

Over the last few months I’ve been working on a 5% to 25% plan for trading cryptocurrency. This is a plan to always hold at least 5% to 25% of any long term cryptocurrency position. There are several reasons for doing this.

  1. Accumulate some nice trading positions
  2. Have coin to sell for unpredicted price increases
  3. Build a really strong portfolio

My original plan was a strict 25% rule, but as I started to incorporate it, I realized that wasn’t always plausible. One reason was, depending on what you purchased the coins for, 25% is a large portion to hold. Especially if you’re selling on a 10% to 25% gain. Technically you end up holding your profits. This may not be a bad idea with some really strong coins, but for other weaker coins this may not be such a good idea.

For this reason I decided to make a judgment call based on individual coin performance. For the most part though, I now keep a small portion of almost every coin I trade. Roughly I keep 5% to 25% of every long term coin I hold.

A few exceptions to the rule. Pump and dump shitcoins. Although I rarely buy into these, occasionally I speculate on complete shitcoins. These are abandoned coins with no dev or scammy devs, or no real use case. Many exchanges are full of these coins and although The Dood tries to stay away from shitcoin projects, sometimes you can just tell which way the chart is going to head and you just can’t resist. Remember though, if you get burned on a shitcoin, you have nobody to blame but yourself! I try to cash out as fast as I buy into these projects. Remember, the best way to not get burned is to simply stay away from projects like this in the first place.

Another exception to this rule might be catching a flash crash. You buy the bottom and sell the top for a quick profit. Profits are usually taken within a couple hours. I’ve been lucky enough to catch a few flash crashes, but if I don’t completely believe in the project, why bother hodling any significant position?

Another exception is occasionally I’ll take on a project and get paid in cryptocurrency. If I don’t like the coin, I just cash out to BTC. No sense in holding a coin you don’t like.

These are just a few exceptions. The bottom line is I always go with my gut. My main motivation for this rule is so something like my experience with DASH never happens again. Basically I sold a lot of DASH early and lost a lot of money… You can read about it here.

Now I started incorporating this rule before this last bull run and I have to say it has improved my trading considerably. For one thing, I’ve accumulated some nice bags of coins. I currently keep a journal of my base bag, or coins that I won’t sell unless an emergency arises and I need money. The really good news is, using this system, emergency cash or crypto is always on hand.

Another benefit from this is I no longer fear the early sell. A great example of this was BitShares. I bought a ton in May around 300 satoshi, sold a bunch in June at around 3000 satoshi and then watched the price continue to climb to 16,000 satoshi. The old me would of shot my load early. We all hate to admit it but hey it happens from time to time. Using the 25% rule I was able to sell a nice chunk of coins that I purchased around 300 satoshi for around 16,000 satoshi a couple months later. I still kept a small amount just in case, but had no issues watching the price drop as I began to buy back my position at around 5000 – 6000 satoshi. I’m really happy with this short sell.

That’s just one example, of the benefits I’ve recieved since starting to do this. I’ve also watched my portfolio size grow in both coins accumulated and value of BTC. The downside to this is the portfolio value will swing considerably. At one point I was down a considerable amount in BTC value, however, all the coins are paid for at this point so you’re literally playing with “the houses money” as they say.

Another benefit is, when your coins are paid for, losing your position in an attempted short doesn’t hurt as bad as losing twice on coins you were already losing on. Sell short at the top, and buy back cheap for maximum gains on paid coins. It’s a win win!

My overall goal with this however is to create some nice postions of various coins that I feel are strong and have a bright future. Imagine buying Ethereum back in 2015 at 50 cents each and still having a bunch to sell today at around $200 to $400 dollars. Nobody really knows which of these coins will be winners or losers, but chances are that there are still plenty of Dash’s and Ethereum’s out there. Keeping a small nest egg of these coins around for future speculation certainly can’t be a bad idea. Who knows maybe those 1000 coins you put aside today, will go up to $100 USD 5 years from now and will be worth around $100,000… These things happen all the time in this game, and if we don’t at least attempt a long term strategy these types of gains will never come to us.

To summarize, my long-long term strategy is to build and hold as many coins as I can. I have to follow each project closely and watch for any signs of trouble so I can plan an emergency exit if needed. Holding anywhere from 5% to 25% of my coins, in the end, if just a couple of these bigger projects really take off and become the next Ethereum, Monero or DASH, I plan on reaping the benefits of being an early adopter and long term hodler.

As usual nothing here is meant as financial advice. This is just a strategy that I’m working on for me. Please seek a duly licensed professional for finanacial advice, not some guy on the internet who refers to himself as The Dood. Never forget, cryptocurrency trading is extremely risky and never invest more than you can afford to lose! Thanks for reading and happy trading everyone.

This post was originally published to my Steemit:

If you’re on Steemit, stop by my page and say hi 🙂 and I hope you decide to follow me.