written by reader Latest pitch from James Altucher – The Next Big Crypto Opportunity

by nspired | June 26, 2019 10:00 pm

Hi All,
I used to be a member of James Altucher[1]’s Crypto Trader Group, led by Kamal Ravikant, and, having paid my $2000 fee, learned enough to put together a reasonable portfolio of alt-currencies. Of course, this was just before the downward slide began. I lost over 80% HODLing….That portfolio looks a little more healthy these days!
Altucher’s team recently sent me a pitch in which he is teasing a set of smaller cryptocurrencies[2]. I am not interested in spending another $2000 for advice in that space, however. Does anyone have a lead on the ”supercoins” with a supposed short term 10X and long term 1000X potential? One of them trades for ”around 2 cents per coin,” and ”solves a critical problem.” It is apparently poised to dominate in the ”sharding” space — processing payments super fast. It has a dozen partners in the global processing space — Mindshare, Bluzelle, Bolt, Transacttrain, HG Exchange, DMM, Ethermon, LayerX, Asteria. The coin also has ”smart contract” applications.
A second coin is a ”$20 Crypto Dividend Jackpot.” It can pay out interest of up to 14.3% per year, has built-in fork resistance and will never have more than 21 million coins in circulation.
A third coin is about $73 a coin, and supposedly offers ”true anonymity” that Bitcoin can’t match, and will also only have 21 million coins in circulation.
Finally, there’s a 12-cent coin that ”every investor MUST own.” It offers an alternative to the Ethereum blockchain[3], and it is meant to serve those without access to banks. And has a built-in limit of 1% growth per year in circulating currency.
Any sleuths on the trail of these ”supercoins”?
Here’s a link to the pitch:
https://pro.chooseyourselffinancial.com/p/ACT_10peopleperstate_0619/EACTV621/?a=13&o=131602&s=154467&u=7826232&l=2298604&r=MC2&vid=KbJeXb&g=0&h=true[4]

Best Regards to All,
Nspired

Endnotes:
  1. James Altucher: https://www.stockgumshoe.com/tag/james-altucher/
  2. cryptocurrencies: https://www.stockgumshoe.com/tag/cryptocurrencies/
  3. blockchain: https://www.stockgumshoe.com/tag/blockchain/
  4. https://pro.chooseyourselffinancial.com/p/ACT_10peopleperstate_0619/EACTV621/?a=13&o=131602&s=154467&u=7826232&l=2298604&r=MC2&vid=KbJeXb&g=0&h=true: https://pro.chooseyourselffinancial.com/p/ACT_10peopleperstate_0619/EACTV621/?a=13&o=131602&s=154467&u=7826232&l=2298604&r=MC2&vid=KbJeXb&g=0&h=true

Source URL: https://www.stockgumshoe.com/2019/06/microblog-latest-pitch-from-james-altucher-the-next-big-crypto-opportunity/


7 responses to “written by reader Latest pitch from James Altucher – The Next Big Crypto Opportunity”

  1. meridian says:

    The third one could be Zcash (ZEC). Altucher was one of the early investors and keeps mentioning it in interviews, usually without stating his interest. It has a total supply of 21 million and was at $73 about a month ago. It’s got some high-profile backers and I believe (without checking) that its performance has been disappointing over the last 6 months, which could mean either that interest in it is dwindling away, or that’s its due for a big catch-up move higher.
    The final one that “every investor MUST own” looks like Stellar (XLM).

  2. Vince says:

    The 3rd coin is easy stellar a must have the other 2 coins I need to research

  3. dwyer70905 says:

    The first coin might be Zilliqa (ZIL). It was at 2 cents (now much lower) in June of this year.
    Some of the partners match up. https://zilliqa.com/ecosystem-partners.html

    It is a very fast coin with sharding.

  4. dwyer70905 says:

    The first coin is likely Zilliqa. The corporate partners match up. Its price was 2 cents in June.

  5. Erik says:

    STELLAR (XLM)
    OX (ZRX)
    Worldwide Asset eXchange (WAX)

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