Impossible to time the market but I would not keep it on bittrex I would move it to here https://github.com/CityOfZion/neon-wallet/releases
If you store it here you are able to claim GAS so NEO is basically shares and gas is dividends .

How do people think government created cryptos will fair and what will it to do the concept of central banking as we know it? Was reading the Bank of China is working on that. Having trouble wrapping my head around that.

I just don't see the point. What problem does it solve, that couldn't be solved with more efficient technology?

Government crypto is bs.
The only real difference is that there will be proof of stake whereas the central bank has all the power. Maybe even more power over individual balances as they have today. It might also provide more liquidity to "real" cryptos... not sure how costs will be reduced or not. But you totally miss the point if you believe crypto might save 10% costs for central bank.

Why?

We already have digital currency, whenever you transfer money from your bank, there is little physical exchange happening anymore. It works reasonably well.

So think about, the only thing that makes crypto special is that the Sovereign is NOT a government, but a group of people, the market or whatever you wanna call it. At the end of the day, each currency has its community and the currency lives or dies by the support and use cases.

Thinking in communities is very helpful.

Cryptos are trustless, you know what you get. No backroom of 5 supposed economic wizards decides how much your money is worth tomorrow. You know BTC's policies in 2035, the only unknown is if it will be relevant (either bc another coin is better, or the community forks significantly, which is kind of the same thing).

Governments use the power over their currency to achieve their goals. Whether that's good or bad or helpful doesn't really matter. That's another discussion.
The point being, no government would create a trustless currency. That's like a monopoly deciding that competition is good for business (lol, obv not!)

The whole point of fiat money is that you can adapt to economic cycles and use currency as a geopolitical tool and whatever else.

Crypto is competition.

This pretty much.

The only thing I could see, is if some smaller country wanted to do away with their national currency (if they even have one), and start using BTC. If they have some special requirement on the coin that isn't in Bitcoin, then they could create GovernmentCoinX as a sidechain pegged to BTC.

so is it still worth entering the virtual currency markets?

I have no idea and I'm just starting to learn about the whole thing

Yes, still early

Thinking of buying 5 neo, good idea? If the Chinese economy grows a bit it could be a very good idea

Another interesting way to rationalize gambling

I think the correlation between those two gotta be close to 0, but perhaps thee is a good reason to invest.

Might be an interesting to good investment regardless ( i have no clue).

was tired when I wrote that , trying to decide whether it's because China really wants to incorporate block chain technology or because it's just another dump and pump

neo just crashed a bit, think its going to go down even further, anyone got any better ideas for good alts to invest in?

This is when you buy!

Good advice,

I bought some NEO at $44 when it dropped yesterday.

I've been reading the NEO thread on reddit and saw today some big partnerships being announced for the future.

$100 by the end of the year?!!!

how did you get your neo?

n00b in crypto still learning..

is bittrex same as poloniex?

no

bittrex >>>>>>> poloniex

If you're n00b, don't trade altcoins.

FYP

learning as i go

Why aren't there more reit ico's and how does reit coin work? Do coin holders get a quarterly distribution of more coin?

If anybody is interested in trading alt investment/trading advice for PLO coaching (from a big winner in mid-high stakes over a large sample) please DM me

Hello all. I just bought IOTA on bitfinex with a trader from BTC via Coinbase. Apparently, they are not serving US Customers in the next 90 days? What exactly does that mean for me? Do I need to transfer my IOTA to another exchange or exchange them back to BTC on coinbase within the next 90 days for example?

Apparently ico tokens are considered securities and the SEC is about to crackdown. Clearly a reit-coin would fall under this category if that's how tokens are to be perceived moving forward. But would a token with a multiyear lock up that cannot be publicly traded get around this?

download "IOTA Light Wallet 2.4.0" on your desktop. setup a seed address within the wallet. create a receive address attached to that seed. send to the address from Bitifinex. then sit on em.

IOTA about to blast off imo. the last thing you should be doing is selling off and converting back to BTC. before Bitfinex 90 days for US is up, IOTA should be trading on more platforms available to US citizens.


whatever you do, don't lose the SEED address. That is your private key for IOTA. it is normally a combo of 81 digits of uppercase letters and the number 9. I personally keep mine stored on paper, but you can also store them in something like the secured notes section of "LastPass" password manager

I consider myself pretty tech savy and still found myself very overwhelmed by the massive amount of information. Take your time and do your research. Be diligent. read the white pages that were released with the ICOs. Read the websites, look at their roadmap plans. Are the devs active? have they missed deadlines already?

don't be stupid when setting up accounts and sending coins. pay attention to the directions. If you get confused, google the name of the coin you are buying along with + Reddit and chances are you'll find a guide that someone has written to walk you through whatever you are stuck with.

Use a program like "Lastpass" to generate passwords for wallets and trading platforms. do not use the same password anywhere. keep your personal private keys stored in LastPass or another password manager. you can also keep paper copies of these. if you lose a private key that doesn't have a password attached, sry gg, those coins are gone.

Most importantly set limits for yourself. there are a lot of good options for long term investments and a lot of quick hits in crypto currencies. diversify your holdings.

it's still very early. I moved 1k into alts from BTC a week ago, up over 2.2k now day trading alts. I've got a couple nice little stacks of some penny coins that are looking mighty nice right now.

hope everyone else is in on this LISK train. rocket is about to blast off atm. 2x in the past 7 days. rebranding happening the 24th of August. expected to keep going up