Pastor Phil Vollman discovered Bitcoin in 2013, and despite a modest wage and a tight budget, he began accumulating small amounts. Over the next five years of disciplined savings, he managed to amass 14.2 BTC, along with 507 Litecoin.
Now this was no prosperity preacher plan, with dreams of lambos and luxury living. Rather, Phil, hoped to secure the financial future for his wife and children, including an adopted daughter, whom suffers from a disability.
Unfortunately, on July 29 last year, Phil's Bitcoin hopes were dashed when a scammer stole all of his 14.2 BTC and 507 LTC. This was not because he kept his crypto on an exchange that got hacked. In fact, Phil stored his private keys on a Trezor hardware device. However, on this particular day, when plugging the Trezor into his laptop he was prompted to do a firmware update. What Phil didn't realize was, that although the website appeared identical to the official Trezor site, it was a fake, set up by the scammer.
Despite his better judgement, Phil followed the prompt to enter his seed words, which then allowed the thief to transfer away all of the Bitcoin and Litecoin. After so long taking the utmost care with crypto security, one mistake and years of saving and sacrifice were gone. And the reality is that at 68 years of age, with the current price of Bitcoin, there is no way that Phil will be able to acquire that much again. That is unless...
... the crypto community pulls together to help. We did it for Andreas Antonopoulos after Roger Ver questioned his investment choices. Some even did it for Peter Schiff, in an attempt to warm him up towards Bitcoin, despite his net worth already being 70 million dollars. So can we do it for Phil? I believe, yes.
With the backing of members of the crypto, business and Christian communities, a support site and fundraising campaign has been set up to get Phil and his family back to where they were before the thief struck.
A list of those supporting this campaign can be found here.
You can donate and follow the progress of the fundraiser on Tallycoin.
Along with Bitcoin & Litecoin, Pastor Phil is now accepting donations of Bitcoin Rhodium (XRC). The QR codes for Bitcoin, Litecoin & XRC donations are also included below this article.
While I have only touched briefly on it here, Phil and his wife have lived an extraordinary life of serving and caring for others, particulary sick, disabled and unwanted children. You can read their full story, written by published author, F. Daniel Somrack, here: Bagpipes, Bitcoin and Broken Dreams.
In addition to this, crypto YouTuber, Brian the UK Bitcoin Master, hosted a show where Bitcoin storage and security expert, Rocky Palumbo, interviewed Pastor Phil about the loss of his Bitcoin and the events leading up to it. You can view it below and really get a feel for the heart of this man.
On a recent trip to England, I had the pleasure of meeting and hanging out with rising crypto YouTube sensation, Brian the UK Bitcoin Master. Not only that, I got to strap in and hang on, as Brian demonstrated the exhilarating acceleration of his cool, black Mercedes Benz convertible. Nice.
Brian is as decent a bloke as you'll meet. A friendly, honest, salt of the earth kind of guy, who is passionate about Bitcoin, his family and living life to the full. The way he presents on his, Bitcoin for Beginners YouTube videos is the way he comes across in real life. Genuine to a fault.
When it comes to Bitcoin, Brian's philosophy is simple, yet powerful... Buy some Bitcoin from a reputable exchange, such as Coinbase. Get it off the exchange and onto a hardware storage device (his preference is the Trezor). Get on with enjoying your life and wait for the halvings (an event every 4 years where the number of Bitcoin mined in each block is halved) to see the value of your BTC grow.
For Brian, Bitcoin is a savings account that anyone can use, with the potential of changing their own financial future and that of their family for generations to come. This can be done without the risk and stress of trading and without investing more than you can afford to lose. Buying a small amount of Bitcoin each payday or whenever you can afford to, adds up over time. And if the first ten years of Bitcoin's price growth are anything to go by, saving BTC could be far more lucrative than saving GBP, USD or whatever your local currency might be.
To learn more about Bitcoin, be sure to subscribe to Brian's YouTube channel. He livestreams twice a week, bringing you the latest BTC news and interviews with experts and influencers in the Bitcoin and crypto space.
This brilliant song and video clip, 'Bitcoin Please Go To Moon', featuring 'bearish' Tone Vays and 'bullish' Mike Novogratz, was created by 1thousandx.
You will find the lyrics and video below. Enjoy!
Bitcoin please go to moon
Stop going sideways now
Tone Vays say
We going down to 1k
But Mr Novogratz say
Novogratz is bullish
Tone Vays is bearish
[Tone] Bearish target is 1300
Novogratz is bullish
[Novogratz] Bitcoin can be at 40 000
Let us go to moon
Bitcoin Rhodium (XRC). Have you heard of it? Possibly not, and it's no wonder. We've already had Bitcoin Cash, Gold, Diamond, Private, Atom, Top, Hot and even Pizza for crying out loud! The number of forks and sporks has truly reached the absurd stage, so why on earth would anyone care about, let alone remember Bitcoin Rhodium?
While at first glance this seems to be a fair enough reaction, a closer inspection of Bitcoin Rhodium reveals that it has some special properties that set it apart from the list of Bitcoin 'Whatevers' mentioned above. To start with, it not a fork of the Bitcoin blockchain, nor is it a spork of Bitcoin and another altcoin. Instead, Bitcoin Rhodium is an airdrop, awarded only to those who signed up to claim it, and not to all Bitcoin holders. In addition to that, the developers have built a brand new blockchain. This gives XRC a uniqueness advantage over the forks.
Next, and this is the killer app in my opinion, the supply of Bitcoin Rhodium is capped at two point one million (2,100,000). This is opposed to the circa twenty one million coins made available by the vast majority of Bitcoin forks, and the whopping two hundred and ten million units of Bitcoin Diamond. This gives XRC a scarcity advantage over the forks.
Furthermore, the team members, including the developers behind Bitcoin Rhodium, have chosen to remain anonymous. In all communication on their Discord channel and social media sites, they have opted to use pseudonyms. Doing so removes the single point of weakness factor, created when there is a central, known figure behind a cryptocurrency. This gives XRC a security advantage over the forks.
Add to this, enhanced privacy via two anonymization levels and a partnership with the rhodium precious metal market, and you've got a powerful new crypto asset.
Bitcoin Rhodium is set to launch shortly after the final claim period, which ends on September 29, 2018. Finally, the secret will be out and Bitcoin Rhodium will take the crypto world by storm!
You can find out more information at the official XRC website, BitcoinRh.org and follow them on Twitter @BitCoinRh.
Brian aka The UK Bitcoin Master, recently presented an episode of his 'Bitcoin for Beginners' show, decked out in an ultra cool Bitcoin Rhodium t-shirt. Want one? Get it here along with heaps of other sweet XRC merch.
During the show, Brian pulled no punches, as he implored viewers to have a strong hand and hold on to their Bitcoin while the price is down. He also emphasized the importance of understanding the Bitcoin halvings and storing your Bitcoin using a hardware device.
You can watch this episode in full below and subscribe to The UK Bitcoin Master's YouTube channel here. Enjoy!
Adam Meister, the Bitcoin Meister, the Disrupt Meister was rocking a Bitcoin Rhodium t-shirt on today's episode of his 'Beyond Bitcoin' show. He discussed the XRC airdrop and Andy Hoffman's most recent Bitcoin Rhodium article, What Will BRhodium Trade At - Part IV. Adam also posed the question,"Why doesn't Andy have one of these shirts?" Well, it looks like he opted for a Bitcoin Rhodium clock instead.
Whether you're after a Bitcoin Rhodium t-shirt like Adam, a clock like Andy, or all manner of other XRC merchandise, you can get them from the Bitcoin Rhodium Merchandise Store.
The 'Beyond Bitcoin' show is broadcast live every Saturday. Topics covered include Adam's take on healthy living, eating, exercise, sleep, relationships, travel, lifestyle and freedom.
On Fridays, Adam assembles a small group of guests from around the world to discuss the week's BTC happenings on 'This Week in Bitcoin'. Every other day, Adam delivers a new episode of his '1 Bitcoin Show' to help you keep your finger on the Bitcoin pulse. Subscribe to his Bitcoin Meister channel here and keep up to date with all of these shows.
For now, kick back, relax and enjoy today's episode of the 'Beyond Bitcoin' show.
Bitcoin to the Moon has just launched on the cryptocurrency social media platform Steemit.com under the username @bitcointothemoon.
Along with producing an additional revenue stream, this move aims to attract Steemit members to BitcoinToTheMoon.com and readers here to Steemit.
Check out the introductory post here: Bitcoin to the Moon Launches on Steemit. If you like what you read, please upvote and resteem, just like Adam Meister, the Bitcoin Meister already has. To get the latest content as it becomes available, be sure to follow too.
To say that popular Bitcoin and cryptocurrency commentator, Andy Hoffman, is a Bitcoin Rhodium (XRC) bull, is a serious understatement. Since first learning of the project while in its mere infancy, via Adam Meister's YouTube channel, Andy has been the most prominent promoter of XRC.
He has explained the uniqueness, benefits and potential of Bitcoin Rhodium, or BRhodium as he likes to call it, to anyone who will listen. In doing so, Andy has come under fire, particularly of late, from some Bitcoin maximalists who are not happy that he is speaking positively about something other than Bitcoin (BTC). This came to a head recently when World Crypto Network (WCN) founder, Thomas Hunt, interviewed Andy about XRC. Thomas did so due to criticism directed at him about a perceived conflict between Andy's role as a WCN presenter and a promoter of XRC.
So why is Andy Hoffman bullish about Bitcoin Rhodium? Well, fortunately for us, he has been prolific in his writing about the project from early January 2018 to the present day. Below is a list of 50+ Bitcoin Rhodium related articles, produced by Andy over that time. They read like a diary of his views on XRC, and demonstrate a consistent and unwavering belief that this new digital asset will be a force to be reckoned with in the short term, and an elite store of value coin in the future.
With this plethora of information at your fingertips, there's no need to take my word or anyone else's, regarding what Andy believes about Bitcoin Rhodium and why. Now you can hear it from the man himself, in as much or as little detail as you like. More importantly, you can decide for yourself whether Bitcoin Rhodium is something that fits with your cryptocurrency investment strategy.
Oh, and for those who would like to see the discussion of Bitcoin Rhodium between Andy Hoffman and Thomas Hunt, you can do so below the article list.
Update 10/23/18: Andy has launched his own YouTube channel, which can be found here. The first video uploaded to it is a special Bitcoin Rhodium launch interview with anonymous XRC developer and spokesperson, 'Thomas'. It can also be viewed below the following article list.
Update 11/08/18: Andy's interview of cryptocurrency expert, TopRoller, from the Bitcoin Rhodium Discord community, can now be watched below.
01/11/19 Record BRhodium Hash Rate Portends Successful Exchange Launches!
01/08/19 Will BRhodium and Litecoin Be Bound To A "Crypto Trinity Peg?"
01/07/19 Surge in "Crypto Trinity" Member Litecoin Portends Well for BRhodium, Amidst Exchange Launch
01/05/19 BRhodium's "Cause"? Making Money!
01/02/19 The Best Opportunity Of My Lifetime... BRhodium!
12/30/18 BRhodium Difficulty Change, Strong Hands Snapshot, Exchange Listing All Near-Term Events
12/28/18 One Year From Now, BRhodium Will Be Worth More Than ALL Bitcoin Forks - Including BTrash and Faketoshi's Fraudulent Vision
12/28/18 BRhodium Momentum Surging - And The Fun Is JUST GETTING STARTED!
12/25/18 BRhodium Preparing To Take Crypto World By Storm in 2019
12/23/18 How Easy Is The BRhodium Trade Today?
12/20/18 BRhodium Will Be A TOP TEN Crypto in 2019!
12/17/18 Could BRhodium Be A New-Age Safe Haven Asset?
12/17/18 The EASIEST BRhodium Money Has Been Made, But EASY BRhodium Money Is Still There For The Taking!
12/14/18 BRhodium Announces First Exchanges - Time To Show What A REAL Altcoin Can Do!
12/12/18 BRhodium Vs. BGold And ALL Bitcoin Forks - LOL, No Comparison!
12/11/18 What Makes BRhodium So Special, In A Rapidly Changing Financial World
12/11/18 BRhodium Update - All Systems Go, DESPITE Crypto Market Conditions
12/08/18 How Undervalued is BRhodium?
12/06/18 How Might The "SV Effect" Affect BRhodium?
12/04/18 The Crypto Bear Market - BRhodium's Best Friend!
12/03/18 BRhodium's "Strong Hands" and "Crypto Trinity" Programs
12/03/18 Major BRhodium Project Updates Further Establish Its Unique Use Case
11/29/18 BRhodium PSA - Save All Passwords!
11/28/18 BRhodium Preparing To Be THE Premiere Altcoin
11/11/18 BRhodium Mining Pool Upgrade a Massively Bullish Development!
11/09/18 BRhodium Vs. BCash, BGold, and BDiamond...and Litecoin
10/31/18 BRhodium MainNet Update!
10/22/18 BRhodium Mainnet Launch Portends Imminent Exchange Listing...And Altcoin Leadership Role
10/05/18 The BRhodium Home Stretch - The Waiting Will Be Well Worth It!
09/23/18 Final Claim Period Signifies Imminent BRhodium Launch!
09/15/18 BRhodium Launch Just Weeks Away
09/08/18 What Will BRhodium Trade At - Part IV
08/06/18 MORE Great BRhodium News, As It Surges Toward Launch!
08/05/18 BRhodium Advances to "Release Candidate" Stage, Portending Imminent Launch
07/18/18 WCN Interview re: BRhodium
07/17/18 My Big BRhodium Interviews Tomorrow!
07/09/18 What Will BRhodium Trade At? - Part III
06/29/18 Can BRhodium Turn the Tide for Altcoins?
06/25/18 Major BRhodium Announcements – As Launch Inevitability Inches Toward Imminence
05/09/18 BRhodium – Part of Its Value is NOT Being a Bitcoin Fork!
05/05/18 Mining Community Rallying Behind BRhodium!
04/30/18 Beauty and the Beasts - BRhodium Vs. BPrivate, BPrime, and BAnonymous
04/24/18 BRhodium – The First “Investment Grade Altcoin”
04/23/18 What Will BRhodium Trade At? Part II
04/21/18 BRhodium Doing Everything the Right Way…And Will Be Rewarded for It!
04/18/18 BRhodium – Bitcoin HODLers’ Ultimate Altcoin Diversification
04/17/18 Rhodium to Bitcoin’s Gold
04/09/18 BRhodium – The Berkshire Hathaway of Altcoins?
03/22/18 Cryptocurrencies Versus Securities
03/12/18 The Only Cryptocurrency That Will NEVER Have A Scaling Problem
03/05/18 BRHODIUM BLOCK EXPLORER ONLINE, FINAL CLAIM PROCESS ENGAGED – COUNTDOWN TO TRADING IN 10…9…8
02/28/18 BRhodium Vs. BPrivate – What Should Investors Consider?
02/25/18 BRhodium Re-Signing Feature Enabled, As Trading Launch Looms
01/28/18 Bitcoin HODLing…and BRhodium BRODLing
01/24/18 BRhodium – Bitcoin Maximalism, With A Twist
01/23/18 BRhodium Wallet Launch a Success – Establishing the Airdrop as the 1 Predominant Form of Bitcoin Cryptodividend, and Ending the Hard Fork
1/19/18 BRhodium’s “Natural Marketing Team” to Provide Bitcoin-Like Support
1/16/18 BRhodium – Scarcity Versus Abundance, During Times of Crisis
1/15/18 What Gives a Crypto-Currency MONETARY VALUE?
1/14/18 BRhodium – An “Elite Class of Bitcoin”
1/13/18 Bitcoin Crypto-Dividends Need to Discern Themselves – Or Die
1/12/18 BRhodium be the Second Highest-Priced Cryptocurrency?
1/11/18 BRhodium “Snapshot Day” – As Countdown to the January 18th Launch Officially Starts!
1/10/18 Seeking To Be the BEST Crypto-Dividend
1/08/18 What will BRhodium Trade at?
Bitcoin’s fall from the December 2017 high of $20,000 to the current $6,000 level has been a painful one. Every time it looks like a recovery is on the way, the price falls again and the battle at 6k resumes. Some commentators say that the BTC bear to bull switch is near, predicting a rise to all-time highs, and in some cases, extreme highs, dwarfing 20k. Others say there’s more downside to come and the possibility of a lengthy period at lower prices, with some believing a fall to pre-bull market levels could occur. The truth is, no-one knows for sure. So what do you do? How do you survive the Bitcoin bear market?
While there are no easy answers, here are four steps that I believe will help to point you in the right direction.
1. Evaluate your personal financial situation.
If you have invested in Bitcoin only what you can afford to lose, then you are in a powerful situation. If so, you can hold your Bitcoin at least until, if history repeats itself, the price rises to a new high. On the other hand, if you cannot afford to lose all or some of what you've put into Bitcoin, then you have some decisions to make. How long you can survive with the price at current levels? What would the consequences be if the price fell further? Once you've carefully considered these things, proceed accordingly to secure your finances. Don't leave it to chance or the whims of the market.
2. Update your knowledge about Bitcoin, its history, use cases and supporting technologies.
If you're fairly new to Bitcoin and have never endured a bear market before, then it's time to do some research. Take a look back at the price journey of Bitcoin since it was first traded in 2010 (in 2009 it didn't have a price). Watch videos and read articles by those who have endured BTC crashes and bear markets, gleaning knowledge and tactics from their triumphs and tragedies. Learn about the development of hardware wallets, the lightning network, second layer security solutions, exchanges, and companies and counties investing in Bitcoin. All of this will help to build a foundation of confidence in the long term future of BTC that is based on knowledge. This might just be what gives you the courage to hold when you're tempted to sell.
3. Analyze what you believe about the long term future of Bitcoin.
Once you have increased your knowledge in the areas discussed in Step 2, it's time to have an honest look at what you really think about Bitcoin. Do you believe that BTC is a strong technology that the world desperately needs and that it's here to stay? If not, you'll find it far more difficult not to sell during the bear market. This is because deep down, you may not have the confidence that Bitcoin will survive, let alone return to the previous high and beyond. Alternatively, if you're convinced that Bitcoin is here to stay and that adoption and supporting technologies will continue to grow, you will be able to hold for the future.
4. Devise a plan for your Bitcoin investing going forward.
This final step is vital, as it's easy to make snap decisions during a sudden market move, unless you have thought things through beforehand. Never panic buy, never panic sell and never invest what you can't afford to lose are my rules of thumb. Decide if you're going to continue investing in Bitcoin while the price is down. If you are, then determine how much and what your investment strategy will be. You could put in all of your allocated funds now, at an anticipated price point in the future, or dollar cost average a certain amount at specific intervals over time. Each option comes with its own potential risks and rewards, depending on price movements. The upside is that no matter how you invest, if it's preplanned, you are less likely to make rash decisions or to risk money that will devastate you financially if it's lost. Hold on long enough and you might just join those who held throughout the last bear market. They survived to see an all time high beyond their wildest dreams.
Adam Meister, the Bitcoin Meister, the Disrupt Meister is back in Baltimore and today he was back in his Bitcoin to the Moon t-shirt. While the price of Bitcoin is down at the moment, Adam was up and about encouraging others to have a strong hand and to hold onto their Bitcoin.
He practices what he preaches too, as Adam has been acquiring Bitcoin since 2013 and has not sold one single satoshi along the way. Whether in the midst of a bull market or bear market, you know that Adam is willing to delay gratification, deploying long term thinking with the 2020 and 2024 Bitcoin halvings in mind.
Likewise, it's important for each one of us Bitcoin holders to not just consider where Bitcoin is at today in terms of price, development, supporting technologies and adoption, but to look to where it will be in the future. Read Adam's shirt for a clue :)
Bitcoin is going to the moon, and you can be reminded of that by having your very own Bitcoin to the Moon t-shirt. They come in a wide variety of styles and colors, which you can browse here.
Take a look at the Bitcoin Meister in action below, on today's episode of 'The 1 Bitcoin Show'. Pound that like button!
Bitcoin to the Moon is dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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