When I was 25 years old I had just returned from a year travelling in Asia and started working in Silicon Valley, before Google existed, when the hottest company around was Netscape—in today's conversation with Usman Majeed we compare and contrast the dot com bubble of then and the valuations of cryptocurrencies.
He may have missed the boat with bitcoin, but he didn't make that same mistake with ethereum and it's landed him in great position, recently launching Mutual Coin Fund.
Reach Usman:Mutualcoin.fund admin@mutualcoin.fund (mention the colorcrypto podcast) twitter @usgoose RESOURCES DISCUSSED Email newsletters Dimitry coinsheet https://www.coinsheet.org/coin/, Crypto compare — https://www.cryptocompare.com/ news on bitcoin, technical analysis CoinDesk: newsletter and website, for guides and tutorials Desktop Cryptowat.ch : real time feed on main coins Bitscreener.com: for alt coins Trading View
Notes:
3:30 thoughts on the value and VOLATILITY of bitcoin
4:00 buying a subway sandwich with bitcoin
6:00 Bitcoin's upcoming hard fork: Segwit2X
6:20 Segwit stands for "Segregated Witness" - it alters how data is stored on the blockchain
6:40 The first Segwit resulted in Bitcoin cash
7:00 Segit2x will increase the networks block size to 2MB from 1MB per day, increasing the blocksize makes the nodes more costly.
7:45 downloading the ehteruem blockchan to my desktop to 24 hours
8:15 story of launching Mutual Coin Fund
9:00 not repeating past mistakes and Usman
"Maybe you miss the boat on bitcoin or ethereum but there is still alot of opportunities"
10:00 mentor asks for help
10:30 the problem: if you have a lot of money, and want to dive in quick, you are going to have to wait for approval
13:00 philosophy of mutual Coin Fund
16:00 where are we in the crypto bubble? If we compare to the dot com bubble, is it 1999, 2000, or 2001? If it's 2001 we are in for a huge crash.
17:00 The Banks…..
18:00 IBM, Kroger, big institutions getting involved more on the technology side than the necessarily the investment side
19:00 80% into top three coins, relatively stable, bitcoin, etherium litecon 20% into altcoins and some active trading. Should I invest in alt-coins?
20:00 IPOs vs ICOs, ICOs are unregulated, ICOs are solving a problem with a token…
20:30 ICOs are seed stages. Might not even have a Minum Viable Product.
20:50 What does an ICO have to prove to pass your smell test (1). what problem are they solving, is it worthy (2). read the white paper to understand technology and team (3). do they have a product and customers? *(4). Get warm intros
22:00 What type of "I would be shy to say anyone is a crypto expert"
what type of background or expertise make someone best equiped to get into crypto?
23:30 What tools do you use:
Email newsletters Dimitry coinsheet https://www.coinsheet.org/coin/, Crypto compare — https://www.cryptocompare.com/ news on bitcoin, technical analysis CoinDesk: newsletter and website, for guides and tutorials
Chat/social tools Slack, Telegram, Discord, Facebook, whatsapp
Mobile Apps keep up with trades Blockfolio, coinfolio, cointicker, cryptotrader
Desktop Cryptowat.ch : real time feed on main coins Bitscreener.com: for alt coins Trading View