John Fitch - Comments

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Three Things To Avoid As An Amateur Stock Picker
10 years ago

I enjoyed the article Tom. I used the drink the penny stock kool aid. Learned my lesson pretty quick. Got in on the tail end of the January marijuana stock boom where you could throw a dart and double your money in under a week. I had the unfortunate luck of getting in right before the overdue massive correction. The vast majority of the "companies" had no substance to them. Just scams riding the wave of the hottest stock trend. Needless to say, never again.

Adtech Is Not For You
10 years ago

You don't need ads for social media to survive. Look at Ello. They are a free, invite-only social media start-up that does not have any ads. And so far they are doing quite well.

Can Money Just Be Devalued Creating Deflation As A Solution
10 years ago

This exemplifies the need for a decentralized currency, where no one is in charge and no one can affect value with their uninformed decisions and policies. Why should we have to entrust the power of our money supply to other people?

Bitcoin Continues Volatility Streak
10 years ago

Bitcoin has surely been highly volatile. It is imperative for the price to stabilize if it wants to be looked at as a currency as opposed to a store of value.

In this article: BITCOMP
Alibaba Faces “Its Most Dangerous Moment”
10 years ago

Ma should focus on improving AliExpress. Complaints everywhere you look. Terrible service.

In this article: BABA
Bitcoin Mining
10 years ago

How many rigs make up the pool controlling 51%? I can see the profitability of Bitcoin mining reaching an end in the near future, however, that would not spell the end of Bitcoin. I still feel there will be demand on the exchanges. Anyhow, thanks for the thought provoking article. It was interesting to see the numbers and game theory behind the decision making.

In this article: BITCOMP
Will Crowdfunding Save Bitcoin?
10 years ago

Instead of Tox, there is a cryptocurrency that allows for encrypted chat and internet browsing. That currency is Xcurrency, and instead of sending payments via the traceable Bitcoin, you can send payments using Xcurrency, which offers completely anonymous transactions using trustless mixing. There are many different companies racing to capture that market, but for now, the horse I'm picking is Xcurrency.

In this article: BITCOMP
What Uber Drivers Really Make (According To Their Pay Stubs)
10 years ago

How about people deleting Uber in droves after the revelation that one of its execs was spying on people? Uber might be on the decline.

Big Tobacco Launches A “Safer” Cigarette. It Won’t Stem The Decline
10 years ago

I believe the legalization of marijuana will be the ultimate savior of Big Tobacco. Most of the current marijuana companies are pump and dump scams. Once legalization happens in more states, I believe that large tobacco companies will enter the sphere; it seems to be a natural and easy transition for a tobacco company to make. I think that will ignite a significant uptick in revenue.

In this article: MO, PM, RAI
Identiv's Post Password Era Solutions Gaining Traction As Company Strengthens Its Financial Position
10 years ago

I actually did some more research as you suggested and what I found were multiple accounts of people being impressed with the complexity of the hacks. For example, Time Erlin, a director of IT security and risk strategy: "the thing that strikes me is the level of organization, the level of planning." Highly unlikely to just be a bunch of kids. Also found that the card information was being sold underground up to a million at a time for up to $100 a piece. Not exactly McDonald's money..

In this article: VZ, INVE, IMPR, CYBR
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