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

01-03-2018 , 07:13 PM
Quote:
Originally Posted by bgordon
Imagine being the guy reading The_Jackal post about John McAfee, then deciding to follow John McAfee on twitter, then buying John McAfee's cryptocurency recommendations.

This would make you the single dumbest market participant in the history of western civilization.
Hahaha, agreed that would make you pretty dumb, I'm sure some people will do that too? But that's not what I am suggesting at all, even though I guarantee that most everybody made money from his picks, regardless if some of them were somewhat dubious.

I just offered an alternative method to search of ICO's.

You should still research if you plan to get involved. There's tons of ICO's and his twitter is 1 way of finding out about some upcoming ones.

I still suggest Ian Balina or HeyMatty for ICO picks.
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01-03-2018 , 07:24 PM
Quote:
Originally Posted by The_Jackal21
John Mcafee has recently started doing an ICO a week review on his twitter, it might present a good opportunity to get in at very low prices and ride that big wave!!
Quote:
Originally Posted by The_Jackal21
Hahaha, agreed that would make you pretty dumb, I'm sure some people will do that too? But that's not what I am suggesting at all, even though I guarantee that most everybody made money from his picks, regardless if some of them were somewhat dubious.

I just offered an alternative method to search of ICO's.

You should still research if you plan to get involved. There's tons of ICO's and his twitter is 1 way of finding out about some upcoming ones.

I still suggest Ian Balina or HeyMatty for ICO picks.
That's exactly what you just suggested. The schilling by BFI newbs is totally out of hand (yes, I mean you).
Virtual Currency - Alt Coin Discussion Thread Quote
01-03-2018 , 07:31 PM
Quote:
Originally Posted by The_Jackal21
I'b somewhat cautious with exchanges, short term still fine but with the rise of decentralized exchanges in the next years, these centralized exchanges could become obsolete.

Also with projects like Ethos that brings simplicity to the layman in terms of banking and investing/trading, these exchanges can vanish entirely.

Traders won't want to trade on centralized exchanges (niche market) and common folks, who don't have time nor are interested in putting in effort to trade/invest on exchanges will use Ethos and have world class tools available to them to make investing much much easier.
Nice theory. Now the reality is that we ll still need exchanges for a while. Decentralized exchanges are still super far.
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01-03-2018 , 07:32 PM
Yoooo when you make a move on ripple after it 10xs in like a week and it still doubles for you 3 days later. WEEEEEEEEEEEEEEEEEE.
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01-03-2018 , 07:49 PM
Dunno if true but look super shady https://twitter.com/MediumSqueeze/st...6%7Ctwterm%5E1
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01-03-2018 , 07:51 PM
Not sure if I’m posting this in the right thread, but is their a lower fee way to send to Bittrex?
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01-03-2018 , 08:11 PM
Quote:
Originally Posted by de captain
That's exactly what you just suggested. The schilling by BFI newbs is totally out of hand (yes, I mean you).
Lol, so you point out that is what I am doing but disregard what I write in that 2nd post.

Just because I write a 2 sentence post, does not mean I have ill intentions bro, chill out. Everybody knows John is a crazy dude, but despite that, just remember that even his **** coin picks such as Redcoin for example still makes us money. You just need to realize that it's a **** coin and not worthy of long term investment. Understand that people (general public) will still buy his recommendations regardless if the coin is good or not, we can still profit from that!

A shill?, I think there's a line you cross once you become a shill, I don't have positions in many of those coins I mention, and I'd be surprised if any of them would move much at all because of my post?? I simply posted to help new people into the daunting world of Crypto with my picks, picks that are really solid coins, dyor bro, but come here hating on me calling me a shill. I am not trying to force anybody's hand here.

How will shilling John Mcafee's Ico's do anything for me, exactly? How is that going to benefit me? I think you are reaching here, reading what you want to believe and not hearing what I am trying to say.

Read my follow up post, it explains what I meant more clearly, I didn't intend to be vague, I have already mentioned numerous times that people should research first.

Frankly I don't care if you take any of my picks, that's not important for me. I posted in this thread because I read quite a bit of hesitant and negative posts.

I have mentioned already that you can lose, you can lose your investment, but if you are somewhat capable of reading and watching some Youtubers talk about crypto, you can make money, quite easily, in fact. Pick a couple of top 100 projects, invest what you are willing to lose then even a regular Joe will make profits.

If I lose my initial investment then that's no more than going on a 20Buy downswing, I really couldn't care less. BUT if... if I am right and we are just about to ride that big mamma of mammoth of wave then my small investment will be ****ing enormous. I can live with losing 20buyins in the hopes of making millions+. Can I live with not participating and seeing in the next 3 years I would of become a multi millionaire had I just put up 20 buyins?

At the end of the day, I don't even care if you participate or not in Crypto. It's up to you, I just wanted to shed some light here and perhaps make some people more aware of Crypto.

It's a different world guys, they are trying to build something BIG. Some of the smartest mother fuxkers are invlolved here, just look at some of these people's credentials! Top Ivy league schools, top entrepeneurs.

Blockchain/crypto is a big fuxcking deal, it is trying to create wealth for everybody, not just the 1%'s. These new projects are disrupting the current system, because it is flawed, 99% of the people are owned by 1%, the vision is to bring power/wealth back to the people, I mean wtf, you are against that? You don't want to be free, rich, not controlled?

Don't know what else to say really, I think it's the future, just like Virtual Reality, Nano Technology, Artificial Intelligence and Digital Currency!
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01-03-2018 , 08:17 PM
34% BTC dominance, don't think I have ever seen it that low. It looks like people are starting to see real value in Alt coins.
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01-03-2018 , 08:17 PM
Quote:
Originally Posted by The_Jackal21
It's a different world guys, they are trying to build something BIG. Some of the smartest mother fuxkers are invlolved here, just look at some of these people's credentials! Top Ivy league schools, top entrepeneurs.
Spoiler:
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01-03-2018 , 08:22 PM
Quote:
Originally Posted by eddymitchel
Nice theory. Now the reality is that we ll still need exchanges for a while. Decentralized exchanges are still super far.
It's not theory, there are a ton of DEX's already operating. Just a matter of time before they take over. I did say that short term centralized exchanges are still fine, just be careful don't get burnt holding these too long. I think Dex's will take over it's just a matter of time. When that will be is anybody's guess.
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01-03-2018 , 08:35 PM
I agree with you that the value is not super long term. But are not too swingy and raising pretty well as they have direct value
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01-03-2018 , 09:16 PM
Quote:
Originally Posted by The_Jackal21
34% BTC dominance, don't think I have ever seen it that low. It looks like people are starting to see real value in Alt coins.
I mean alts can go up 4x in a week. I really doubt bitcoin will ever do that again. Why not roll the dice on something like that?
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01-03-2018 , 09:29 PM
Quote:
Originally Posted by Go Get It
I mean alts can go up 4x in a week. I really doubt bitcoin will ever do that again. Why not roll the dice on something like that?
Agreed, I am bullish on Alts but I am not writing BTC off that easily. Think it will still get pumped hard just because of brand recognition and the fact that big money will hit the market this year, I think a lot of that $$$ is going to go into BTC.

You don't think btc will go up 4x or 4x in a week?
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01-03-2018 , 09:37 PM
I think btc will be somewhere around 40K by the end of the year. But really who the hell knows.

But even then, that's a bit more than a double for the whole year.

I can't imagine bitcoin, if it always stays above like 8k in value, ever going up 4x in a week again.

Hell ripple is up like 10x in the last week and a half.


Edit: after looking at it it's a 12x in the last 3 weeks...lolololol
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01-03-2018 , 09:40 PM
Quote:
Originally Posted by The_Jackal21
34% BTC dominance, don't think I have ever seen it that low. It looks like people are starting to see real value in Alt coins.
What is this real value you speak of ?
Virtual Currency - Alt Coin Discussion Thread Quote
01-03-2018 , 09:43 PM
Quote:
Originally Posted by The_Jackal21
Agreed, I am bullish on Alts but I am not writing BTC off that easily. Think it will still get pumped hard just because of brand recognition and the fact that big money will hit the market this year, I think a lot of that $$$ is going to go into BTC.

You don't think btc will go up 4x or 4x in a week?
I predict at end of year the top 3 will be Etherium, Ripple and some other coin. Bitcoin will be lower down.

People are using Etherium to transfer money cause its faster. That amount grows every day. People are learning that Bitcoin is slow.
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01-03-2018 , 09:47 PM
Quote:
Originally Posted by The_Jackal21
There's wagerr, it's sports betting, I think it could be huge. Recently had a good run up, like 3x over month but long term, this could hit ~$50 within 2 years.

Huge market and people should flock to this, with substantially lower fees and the fact that it removes the need to bet illegally/black market etc.
Nice to see someone recommend this one. I asked about it a while ago and got no traction since them it's gone 10x.
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01-03-2018 , 10:43 PM
Quote:
Originally Posted by SuperSwag
I predict at end of year the top 3 will be Etherium, Ripple and some other coin. Bitcoin will be lower down.

People are using Etherium to transfer money cause its faster. That amount grows every day. People are learning that Bitcoin is slow.
If BTC fix the transfer speeds and transaction costs, it should stay leader, it might still stay leader regardless, and be used as a store of value. Like Gold, you don't use it to buy stuff but you can be wealthy if you own it.

I thought Ethereum might top BTC too, actually it's anybodies guess, but Ethereum does look like the Coin of the future. It does need to work on some issues like security and scaling, it will also have huge competition from the likes of NEO, ICON, Cardano and some others.

You might see one take a dominant role, I thought Cardano might be that player at first, once they release, it'll be the best tech out there and all Ico's would flock to them. But I think and I'm just speculating here that there'll be room for quite a few major players. They could all easily be trillion dollar companies in years to come. I think we might see several platforms each serving a country. Ehh who knows were this will go, I hope it makes a positive impact on the world though.

There are a ton of other coins that are lighting fast for transactions.
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01-03-2018 , 10:47 PM
Quote:
Originally Posted by jzpiano
Nice to see someone recommend this one. I asked about it a while ago and got no traction since them it's gone 10x.
Yeah I missed this myself too, back when I first saw it it was around 40M. With such a huge market in sports betting, this should have pretty big potential.
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01-03-2018 , 10:51 PM
You people have ridiculously short term memories. Remember in June when Bitcoin dominance was 39% and Ethereum was 32% and all the "experts" predicted ETH would overtake BTC by the end of the year?

Yah 6 months later BTC was back to 66% and ETH was 9%. To think BTC, with the best infrastructure on the planet and most liquidity of any crypto, is just going to keel over and die is incredibly misguided. BTC dominance will rise again. 90% of these alts are going to fail miserably.
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01-03-2018 , 10:55 PM
Quote:
Originally Posted by The_Jackal21
Yeah I missed this myself too, back when I first saw it it was around 40M. With such a huge market in sports betting, this should have pretty big potential.
I didn't miss it. Got in on ICO Virtual Currency - Alt Coin Discussion Thread.
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01-03-2018 , 11:22 PM
Quote:
Originally Posted by johnnyBuz
You people have ridiculously short term memories. Remember in June when Bitcoin dominance was 39% and Ethereum was 32% and all the "experts" predicted ETH would overtake BTC by the end of the year?

Yah 6 months later BTC was back to 66% and ETH was 9%. To think BTC, with the best infrastructure on the planet and most liquidity of any crypto, is just going to keel over and die is incredibly misguided. BTC dominance will rise again. 90% of these alts are going to fail miserably.
Doesnt XRP have actual, real world applications though?
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01-03-2018 , 11:25 PM
Quote:
Originally Posted by master3004
Doesnt XRP have actual, real world applications though?
XRP is one of the most controversial coins. It has gone mainstream but many HODLERS of other coins think it's a disaster waiting to happen. They are also skeptical of its market cap.
Virtual Currency - Alt Coin Discussion Thread Quote
01-03-2018 , 11:31 PM
Quote:
Originally Posted by SuperSwag
XRP is one of the most controversial coins. It has gone mainstream but many HODLERS of other coins think it's a disaster waiting to happen. They are also skeptical of its market cap.
Ok that makes sense, but am I right in saying that Xrp has real world practical applications (specifically in banking) that almost all other alts dont?

Sent from my SM-G950U using Tapatalk
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01-03-2018 , 11:33 PM
Many coins will have real world usage, it's just a matter of time.
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