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Virtual Currency - Alt Coin Discussion Thread Virtual Currency - Alt Coin Discussion Thread

10-16-2018 , 06:04 AM
Quote:
Originally Posted by protonewb
As long as you know the seed the coins aren't lost. you can import the seed into a new ledger at any point in the future and your TRX will be there.

You can also put the seed into a compatible software wallet and get the coins back.

The seed IS your coins, not the physical device.
Thx, appreciate it!
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10-16-2018 , 07:39 PM
If you had 0X today... You win, congrats.
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10-18-2018 , 10:38 AM
Did anyone jump on the Initiative Q wagon thats been going around lately? Assuming it will be a huge fail, but still... Free coins.
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10-18-2018 , 12:12 PM
Quote:
Originally Posted by Go Get It
If you had 0X today... You win, congrats.
BAT pumped a decent bit aswell, expect cardano and stellar pump aswell as they ll most likely get added to coinbase like 0X and were announced "of interest"
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10-18-2018 , 04:24 PM
Quote:
Originally Posted by Go Get It
If you had 0X today... You win, congrats.
My second biggest holding after BTC, waiting for it to hit 20k sats.

I got a BTC-backed loan via Salt lending this week, process was simple and straight-forward, cool service.
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10-19-2018 , 05:24 PM
I think XRP is the one coin that could become more valuable than Bitcoin. Bitcoin cash and Litecoin have nowhere to go but down ultimately. If Ripple can get enough people using their software and it saves them money there is a good chance they will use XRP for some of those transactions. Even if xrapid misses out on gaining a big share of bank level transactions, I think there is an excellent chance that micro payments are going to become a huge source of liquidity on the ripple network. XRP is perfect for micropayments.

While it is true that alt-coins for various projects could become valuable if those projects are successful, it is likely that their absolute value is capped in a similar way that most equities are capped in their value in relation to their market size.

Banks could make massive profits using their payment networks to process payments using xrapid by buying large amounts of xrp in advance of doing it. If a bank would save money by moving say 10 billion dollars more efficiently without owning xrp, think of how much extra they could make if they bought xrp super cheap before they started using xrapid.

Even with lightning Bitcoin is too expensive and slow for micro payments and Point of Sale transactions. It's a good store of value and it's well known.

I think in the end the three coins left standing with significant value will be etherum, bitcoin, and xrp. Everything else will face barriers or go down.

Last edited by starssavior; 10-19-2018 at 05:37 PM.
Virtual Currency - Alt Coin Discussion Thread Quote
10-20-2018 , 12:30 AM
Quote:
Originally Posted by starssavior

Even with lightning Bitcoin is too expensive and slow for micro payments and Point of Sale transactions. It's a good store of value and it's well known.
You have no idea how lightning works. Fees are sub-satoshi and it's instant. In the future wallets will be easily split between savings (BTC) and spending (Lightning BTC). Many use cases the user will not even know they are using Lightning.

And lol XRP - centralized garbage where the founders own and control most the supply. But hey, gl with it.
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10-20-2018 , 02:18 AM
Quote:
Originally Posted by starssavior
I think XRP is the one coin that could become more valuable than Bitcoin. Bitcoin cash and Litecoin have nowhere to go but down ultimately. If Ripple can get enough people using their software and it saves them money there is a good chance they will use XRP for some of those transactions. Even if xrapid misses out on gaining a big share of bank level transactions, I think there is an excellent chance that micro payments are going to become a huge source of liquidity on the ripple network. XRP is perfect for micropayments.

While it is true that alt-coins for various projects could become valuable if those projects are successful, it is likely that their absolute value is capped in a similar way that most equities are capped in their value in relation to their market size.

Banks could make massive profits using their payment networks to process payments using xrapid by buying large amounts of xrp in advance of doing it. If a bank would save money by moving say 10 billion dollars more efficiently without owning xrp, think of how much extra they could make if they bought xrp super cheap before they started using xrapid.

Even with lightning Bitcoin is too expensive and slow for micro payments and Point of Sale transactions. It's a good store of value and it's well known.

I think in the end the three coins left standing with significant value will be etherum, bitcoin, and xrp. Everything else will face barriers or go down.
I have a very primitive understanding of xrapid, and it's difficult to find simplified explanations anywhere on the web.

AFAIK, Ripples claims Xrapid will effectively replace the >$5trln of banks money stuck in NOSTRO accounts. Supposedly, banks will use XRP to source liquidity instead of keeping reserves in foreign accounts.

At first glance, I see three problems:

1) Regulatory risk. XRP was issued by a US company and will probably be regulated as a security.

2) If there is no incentive for banks to actually hold XRP, how will sourcing alone put upward pressure on price?

3) Apparently, there are reasons apart from FX wires for banks to want Nostro accounts. Banks that trade in foreign markets want to fund/settle/hedge in the host currency.
Virtual Currency - Alt Coin Discussion Thread Quote
10-20-2018 , 04:21 AM
This bear market is coming to an end, I give it max 3 more months, we won't be heading up immediately but those that are still around, will see their ****coins pump hard.

If you are smart then now would be the time to buy fundamental solid alt coins, that have gone down 90% and are in accumulation right now.

I wouldn't just be buying any **** coin, this aint 2017, pick wisely and just hold them, don't sell too soon, let BTC hit 30-60k, heck perhaps even 100k. It should happen eventually and alts that have survived will see massive growth.

Barney do you still have Ethos? Have you bought anymore at these prices? I think if Ethos survives, and I think they will, we should see really good returns within a year!

There's a ton of positive news out, it's only a matter of time, I think we see ath broken by summer next year.
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10-20-2018 , 10:12 AM
Quote:
Originally Posted by Zenzor
1) Regulatory risk. XRP was issued by a US company and will probably be regulated as a security.
This. BTC and ETH get a pass but XRP was clearly issued by a company and meets all the terms of a security. Will be a rude awakening when the SEC steps in here.
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10-20-2018 , 12:11 PM
Today
Quote:
Originally Posted by White_Gatsby
This bear market is coming to an end, I give it max 3 more months, we won't be heading up immediately but those that are still around, will see their ****coins pump hard. ....There's a ton of positive news out, it's only a matter of time, I think we see ath broken by summer next year.
7/31/18
Quote:
Originally Posted by White_Gatsby
Don't be stupid and sell your alts now, yes we might not get the alt season now, but you are better off buying more, if the price drops more. Then when alt season kicks off, you good.

Selling now and hoping the "if price drops" happens, is not a wise move!
7/5/18
Quote:
Originally Posted by White_Gatsby
You won't find alt coins this cheap for long imo, the consolidation period will start soon, that will probably be the bottom, I think we start heading up somewhere in September,
2/6/18
Quote:
Originally Posted by White_Gatsby
Double bottom and 100 billion back in the market since yesterday, I'm calling it, that was the bottom at 270 Billion. Only way is up from here!
2/3/18
Quote:
Originally Posted by White_Gatsby
I wonder as the stock market is seeing all time highs, if the smart money is going to start flooding the crypto market. It makes sense for these guys to take profits and perhaps put those profits in the crypto space.
2/2/18
Quote:
Originally Posted by White_Gatsby
Don't agree, the run was reasonable just not sustainable but, markets do that time and time again. In fact I see another coming soon!
2/2/18

Quote:
Originally Posted by White_Gatsby
You guys worried at all?

I think we found the bottom at 350B, it bounced hard from there, so a double bottom, as we had the correction to something like 450b last week, pretty sure this is as low as it will go.

Do you know of a triple bottom??

Anybody think we will see 3 Trillion by summer? Yeah I called it!
2/2/18
Quote:
Originally Posted by White_Gatsby
We were at 175B last September, then to 830B, I guess 350B seems reasonable, thoughts?

Yeah, you know what I'm calling it, 350B, I think that's the end of this bear run. Doing a Macafee, I will eat my own ass if we don't hit 1 Trillion by summer!
.
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10-20-2018 , 12:51 PM
lol A+
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10-20-2018 , 05:32 PM
Haha well done.
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10-20-2018 , 08:48 PM
Well played Captain! lmao

Those in my discord on hopium all sound similar.
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10-21-2018 , 12:38 AM
Quote:
Originally Posted by de captain
Today

7/31/18


7/5/18

2/6/18

2/3/18

2/2/18

2/2/18



2/2/18.
Go ahead sell your coins now, after taking 90% losses, and then pray you can buy them back 50% cheaper in 3 months!

Or

Buy now and if we do find a lower low for BTC simply buy more and average in your position.

Nobody is buying now, because everybody's an idiot sheep, it's a lot easier to sell at the bottom then it is to buy at the bottom.

Lol at posting my comments from 2/2/2018 regarding another run, what happened on the 6th of Feb? 4 days after I posted that!

Last edited by White_Gatsby; 10-21-2018 at 12:49 AM.
Virtual Currency - Alt Coin Discussion Thread Quote
10-21-2018 , 12:42 AM
Imagine thinking ****coins aren't still overpriced by at least an order of magnitude
Virtual Currency - Alt Coin Discussion Thread Quote
10-21-2018 , 12:53 AM
WG,

Touche.

I'll admit to imagining multiple replies as I went back thru your prophecies.

Quote:
Originally Posted by White_Gatsby
Go ahead sell your coins now, after taking 90% losses, and then pray you can buy them back 50% cheaper in 3 months!
That response did not occur to me. Thank you for pointing out a leak in my thinking. It also never occurred to me to sell my coins at a 90% loss.

I trust you typed out your reply from a stand up desk.

Last edited by de captain; 10-21-2018 at 12:57 AM. Reason: SP, Imagine eating your own ass and then doubling down!
Virtual Currency - Alt Coin Discussion Thread Quote
10-21-2018 , 03:14 AM
Quote:
Originally Posted by de captain
WG,

Touche.

I'll admit to imagining multiple replies as I went back thru your prophecies.



That response did not occur to me. Thank you for pointing out a leak in my thinking. It also never occurred to me to sell my coins at a 90% loss.

I trust you typed out your reply from a stand up desk.
Well played
Virtual Currency - Alt Coin Discussion Thread Quote
10-21-2018 , 10:49 AM
Quote:
Originally Posted by de captain
WG,

Touche.

I'll admit to imagining multiple replies as I went back thru your prophecies.



That response did not occur to me. Thank you for pointing out a leak in my thinking. It also never occurred to me to sell my coins at a 90% loss.

I trust you typed out your reply from a stand up desk.
You have ruined breakfast this morning. Milk and cheerios all over the place!
Virtual Currency - Alt Coin Discussion Thread Quote
10-22-2018 , 03:40 AM
You think BTC has bottomed out? If not, how low do you think we go?

Also, how high will the next bull market bring us?
How long before we start the next bull run?
Virtual Currency - Alt Coin Discussion Thread Quote
10-22-2018 , 03:53 AM
Quote:
Originally Posted by White_Gatsby
You think BTC has bottomed out? If not, how low do you think we go?

Also, how high will the next bull market bring us?
How long before we start the next bull run?
1. I'm calling it, that was the bottom at 270 Billion

2. BTC hit 30-60k, heck perhaps even 100k. It should happen eventually and alts that have survived will see massive growth.

3. I give it max 3 more months
Virtual Currency - Alt Coin Discussion Thread Quote
10-22-2018 , 04:35 AM
As long as you call a new bottom every month you should be right at some point.
Virtual Currency - Alt Coin Discussion Thread Quote
10-22-2018 , 04:36 AM
I'm asking your opinion! You do have 1, right?

It's a question!
Virtual Currency - Alt Coin Discussion Thread Quote
10-22-2018 , 04:42 AM
You're asking bears / non-believers when they think crypto will moon again?

I'm a BTC believer and have no idea what will happen, it could take until well after the next halving before we see new BTC highs.

99% of alts are pointless, who knows if they will rally along side BTC.
Virtual Currency - Alt Coin Discussion Thread Quote
10-22-2018 , 04:44 AM
Quote:
Originally Posted by TheMVP
You're asking bears / non-believers when they think crypto will moon again?

I'm a BTC believer and have no idea what will happen, it could take until well after the next halving before we see new BTC highs.

99% of alts are pointless, who knows if they will rally along side BTC.
Yooo, nah, was just asking in general, not targeting any specific group.

Trying to get answers and how they line up together.
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