The form of mining is innovative. Spend MTL to earn MTL. It is meant to be the public introduction to cryptocurrency, since many of the uninformed have negative association with bitcoin and buying some is scary/overly complex for first timers. They already announced the Metal Foundation where they are gonna use 2 million metal from an unallocated pool for charitable causes. I like their cause and their mission.

Their mission is to make money in a ****coin bubble. If you want to be charitable, that's great, there's a million ways to be charitable. I don't think buying a ****coin is the way to do it. If they are so giving, why don't they give away their USD? Oh wait.. USD is worth something.

Coinbase and others have made it super easy for pretty much anyone to buy cryptos. For those who can't figure out how to do it themselves or with the help of a friend, I just don't see there being any type of digital currency market for that type of person.

MTL is much more than you think, suggest watching an interview with its founder.

ah sorry mate! meant it as a joke...figured you were just sitting on your ETH by now. But lesson learned, throw a few more month's salary online and this time just buy and hold what you believe in. (and maybe diversify)

could someone tell me if the Cobinhood ICO coin is worth anything besides helping them to raise $ / participate in the pump ?

My 30 minute analysis says no. I will be loading dollars onto the site for future trading but I cannot find any reason to own the coin (especially giving something up like Ether for it).

Yeah i think I plan to diversify now in a few of the big alts before the fork that I expect to rebound.

its a piece of ****, borderline scam, ripping off a real co, robinhood.

just like every ico out there.

i literally did elaborate.


People who are arguing that alts are being sold off in anticipation for 2 bitcoins are just deluded by dust traders on reddit and twitter.


Why?

1/ because no one knows what's going to happen. As in, there's no guarantee that this hf is going to even actually occur.

This is not like btrash where the entire infrastructure in china was bought for and set up pre hard fork. You had chinese exchanges literally pop out of no where whose sole purpose was to support btrash trading. Today, only bitfinex afaik has anything concrete as to the rules they will follow to allow trading.

Further, a lot of exchanges, like polo, kraken, finex, bitstamp unequivocally refused to list any bitcoin hf as "btc" if it did not possess replay protection. This was done all the way back in the spring.

2/ crypto is a bunch of fomo rides up, fomo rides down. There's nothing in the price action or volume that we havent seen before. Hopefully people are selling alts because they realize that the vast majority of them (really, like 95 out of the top 100 coins) are just complete trash.

https://github.com/neo-project/neo/commits/master

^examine that level of development activity for such a large project that underpins a billion+ usd valuation. It's downright embarrassing.

Altcoins are generally pieces of trash, illiquid, and unnecessary vehicles to increase your exposure to digital assets and currencies.

Augur and gnosis have 0 product, been deved for years, and possess ungodly valuations.



If you want to increase your cryptocurrency exposure, learn how to trade on leverage I guess. Just stop buying pieces of ****. MTL, neo, firstblood or whatever that trash was, just ****ing stop kidding yourself into thinking you have a legitimate thesis on any of that garbage. If you did, you'd never invest in it anyway.

Please tell me you didn't do this quite yet. MTL soaring

I did... but just a little. 20% mtl into OMG. But i did it at 150k mtl to 160k OMG

Wow, looks like maybe the run up has begun

Eth moving up nicely in the last hour, hopefully it duplicates btc's run up.

and this is why you don't trade Ethereum and some of the other alts on Technicals. DEAD in the water for couple weeks and rips 10%+ in < 2 hours.

Want to see it pull back and hold over $313 then it's re-load the station wagon.

Strap in bitches

Been strapped in for 3 years

nothing beats the dopamine an ETH pump gives you. To the moon!

I jinxed the pump..

Josh, sell or your ETH!

Lol I already had sold it around last week or so. I haven't made any gains. I switched it for alt coins and I'm pretty far in the red. Would be up 20% if i just had a split of 50/50 BTC/ETH lol. Waiting for a dip to put a little more fiat in so i can diversify myself better instead of being 100% alt coins. Of course since I now hold all alts you can bet that the alt market is going to 0.

Ah sorry dude.

Cryptos are so crazy. I remember BTC dipping to $1800ish before the fork and thinking I should go all-in.

Oh well!

It's ok. I picked some alts I like and if they fail then so be it. I don't think they are ****coins though and hoped to get more gains with them than ETH/BTC, so it's my own risk. Now I know to diversify myself a bit better and will do so in the future. I am counting/hoping on the greed of people selling off alt/BTC to chase 10% gains will force them now back into alts to chase more profits.

list your alts josh and some peeps in here can help you determine which ones to dump and which ones to add add add into. It may be worth selling your biggest loser and adding it into one of your other holdings.

66% MTL
17% OMG
17% XMR

I don't think any of them suck. MTL is my biggest holding by far. Eventually I plan to add maybe 1 more alt, NEO or ARK maybe.

Never heard of MTL before, why are you so heavily invested in it?

I agree with XMR and OMG.