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1Broker Discusses How To Trade Gold, Silver & Apple With Bitcoin - TDV Week In Review, Sunday January 11, 2015

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Originally appeared at Bitcoinomics.Net

1Broker is a simple and easy to use website which allows you to trade gold, silver and other markets via contract for differences (CFDs), which represent contracts between two parties in which the seller will pay to the buyer the difference between the current value of an asset and its value at contract time.

You can trade the DAX, Dow Jones 30 Industrial (DOW 30) and S&P 500 indices can be traded in bitcoin denominations.

Apple (AAPL), Facebook (FB), Google (GOOG) and Microsoft Corp. (MSFT) are the stocks which can be traded.

Enjoy our interview with 1Broker.

What is 1Broker?

1Broker offers derivatives on various well-known financial markets. The aim of our platform is to allow Bitcoin users to participate in these markets without worrying about Bitcoin exchange rates. Our primary goal was to make trading as simple and transparent as possible. For this reason we decided to offer CFDs (Contracts for difference) as a market maker and settle all markets directly in Bitcoin.

How has the response been?

1B: Surprisingly well. When I launched 1Broker, I expected a lot of scam accusations and criticism. After some months of operation I think we proved ourselves and there was hardly any hostility against us left.

What can a user do with a 1Broker account?

1B: The range goes from conservatively investing your Bitcoins into a stock market like Google Inc. to making highly speculative forex trades on EUR/USD.

Since 1Broker started, many platforms have come and gone. What is the reason for 1Broker’s longevity?

1B: We decided to build our platform with damage control in mind. Given the complexity of today’s software which every website relies on, we do not fear successful attacks, we simply expect them. Till today, no attacker was able to breach the hot wallet or to access our database, what is certainly an exception in bitcoin-world. It certainly helps that I have solid technical knowledge and design all security-related implementations myself.

How has 1Broker hedged risk?

1B: Hedging positions is a smaller issue than most people think. With enough traders our markets tend to get balanced, which means there is an equal size of positions on long and short. In reasonably balanced markets there is no need for us to hedge. I don’t want to disclose the specifics of how we handle unbalanced markets, since we put a lot of testing and research in this topic.

What has 1Broker taught you?

1B: I certainly underestimated how important marketing is. When I launched 1Broker I expected a hype and hundreds of traders within the first months – actually there were only 5-10 active traders. I would definitely not start a project like this again without having a basic marketing strategy.

Are there any 1Broker plans for the future?

1B: Sure: more markets, more trading-related features and a mobile app are my top priority right now. A cryptographic proof of solvency implementation would be nice, too.

Be sure to visit 1Broker and open your account today!

Justin O’Connell is the Chief Executive Officer of GoldSilverBitcoin.  He is also the author of the bitcoin book, Bitcoinomics, and administrator of the Bitcoinomics website. Justin is also a co-host at Our Very Own Special Show, a lifestyle podcast about music, news, life.  He lives in San Diego, California.

 

Before we get to the review, be sure to check out TDV Newsletter. Subscribe to The Newsletter today, and receive TDV’s HomeGrown, as well as special reports, including Getting Your Gold Out Of Dodge. Need more Jeff Berwick in your life? Well, in the Newsletter subscribers receive more article from Jeff, most of which are more action-based than here in the blog. Moreover in the Newsletter, senior analyst Ed Bugos tracks the markets with his academic and rational articles on everything from gold and the miners to the stock market itself. 

If you’re interested in receiving articles beyond what you read here everyday, consider our weekly subscriber-only publications, like our Issue, Dispatches, and Homegrown. You may subscribe here.

January 5, 2015

GOLD IS PERFORMING ITS ROLE WELL IN TEOTMSAWKI

By TDV Chief Editor, Jeff Berwick

As we enter into the final stages of The End Of The Monetary System As We Know It (TEOTMSAWKI) gold is playing its role very well.

Due to gold hitting an all-time high of $1,921.50 on September 6th, 2011 and now currently trading near $1,200 there has been a lot of negativity about gold.  If you watch mainstream media in the US (which no one does anymore… CNBC just hit all-time record low ratings at the end of 2014) you get the impression that gold is not only dead but going much lower.

However, in every other currency, other than the US dollar, gold advanced in 2014.

continue reading…

January 6, 2015

THE COLLEGE EDUCATION BUBBLE IS COMING TO ITS LOGICAL END

By TDV Chief Editor, Jeff Berwick

This past weekend a grown, 30 year old man shot his father over unhappiness with his allowance according to reports in Associated Press as reported at ZeroHedge. 

While we rarely believe what we hear in the media… if this report is even slightly close to the truth it is a sad commentary on how so many from the Millennial generation have been warped, indebted and destroyed by the very systems their father’s generation have been part of creating.

continue reading…

January 7, 2015

WHAT THE BITSTAMP HACK MEANS FOR BITCOIN

By TDV Chief Editor, Jeff Berwick

In the early morning on January 5th, one of the largest bitcoin exchanges, Bitstamp, stated, “We have reason to believe that one of Bitstamp’s operational wallets was compromised on January 4th, 2015.  As a security precaution against compromises Bitstamp only maintains a small fraction of customer bitcoins in online systems. Bitstamp maintains more than enough offline reserves to cover the compromised bitcoins.”

continue reading…

January 8, 2015

BITCOIN JESUS BANNED FROM THE U.S.

By TDV Contributor, Wendy McElroy

Roger Ver is a virtual currency millionaire who has been dubbed the Bitcoin Jesus because of his avid advocacy of the blockchain money, which includes his seeding many businesses that use it. Last year, the libertarian-anarchist became a citizen of the Caribbean nation of St. Kitts and Nevis and renounced his American citizenship. Ver may be a bellwether of how the US plans to treat those who renounce their citizenship or who are otherwise inconvenient expats. 

continue reading…

January 9, 2015

JE SUIS CRITICAL: AN INDIVIDUALIST LIBERTARIAN’S TAKE ON THE FRANCE SHOOTINGS

By TDV Chief Editor, Jeff Berwick

The recent reports of a number of gunmen murdering some cartoonists/journalists in France has been front and center in mainstream media this week.  Here, at TDV, however, we are stoic, never over-react emotionally to events and always filter through information before we comment on them.

continue reading…

TURN DOWN FOR WHAT? THE WEEKEND VIGILANTE – JANUARY 10TH, 2015

By TDV Chief Editor Jeff Berwick

Hello from Anarchapulco Bay,

This is going to be, perhaps, painfully blunt.  That, actually, is very hard for someone who grew up in Kanada in the 70s and 80s where politeness was driven to the extreme… to the point where not holding the door open for a woman who was literally 20 metres away from the door would result in a beating.  Yes, that kind of passive agressive politeness.

That, actually, is what makes what I am about to say seem against my nature.  For, the craw in my nutsack, or whatever that saying is, is about another Kanadian, Stefan Molyneux.  Or, at least, he lives in Kanada… anyway, that’s just geography.

continue reading…


TDV VIDEOS

ANARCHAST: TATIANA MOROZ: LIBERTY IN MUSIC!

Jeff Berwick, in Anarchapulco interviews libertarian songbird Tatiana Moroz from the beach in Sydney, Australia. Topics include: Ron Paul, the liberty movement, bitcoin brings new hope, Bitcoin Magazine, Coinjar, Airbitz, Tatianacoin, the first artist crypto, Anarchapulco, incorporating Liberty into your life, Luke Rudkowski, torture report, thewar on drugs, alcohol beingthe worst drug, bitcoin scammers, reputation systems and Tatiana’s upcoming album!

ANARCHAST: MARK EDGE: THE LIBERTY RADIO NETWORK!

Jeff interviews radio personality Mark Edge of Free Talk Live, topics include: Voluntarism, dealing with statist’s questions, examples of anarchic systems, the royal family, Free Talk Live, big radio, pro Liberty radio vs Rush Limbaugh, Acapulco, Anarchapulco, the Free State Project, US dollar collapse, increasing citizen controls, growing police state, TSA, how the internet has changed everything, freedom in Mexico, internationalization and the permanent traveler/prior taxpayer (PT) lifestyle.

As always, thanks for reading!

The Dollar Vigilante is a free-market financial newsletter focused on covering all aspects of the ongoing financial collapse. The newsletter has news, information and analysis on investments for safety and for profit during the collapse including investments in gold, silver, energy and agriculture commodities and publicly traded stocks. As well, the newsletter covers other aspects including expatriation, both financially and physically and news and info on health, safety and other ways to survive the coming collapse of the US Dollar safely and comfortably. You can sign up to receive our FREE monthly newsletter, our Basic Newsletter ($15/month) or our Full Newsletter ($25/month) with specific stock recommendations and updates at our Subscriptions page on our website at DollarVigilante.com.


Source: https://www.dollarvigilante.com/blog/2015/1/11/1broker-discusses-how-to-trade-gold-silver-apple-with-bitcoi.html#6715


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