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

02-26-2018 , 04:31 PM
Quote:
Originally Posted by barney big nuts
Icon (icx) released their wallet a few hours ago.
Another example of what Chuck Bass was talking about. This was heading in the right direction and then as soon as the actual event happens like the wallet release it dumps back down.
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02-26-2018 , 05:40 PM
Quote:
Originally Posted by DWarrior
Hey guize, what’s a secure place to buy some ETN? Just looking to buy and hold a few hundred $

(Also just saw ETN is being called Electroneum. Is this the same as the coin on the Ethereum network? I thought it used to be Ether? I’m looking to get in on the Ethereum network)
ETN and ETH are different things
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02-26-2018 , 05:52 PM
Quote:
Originally Posted by Nonfiction
ETN and ETH are different things

Thanks, definitely meant ETH
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02-26-2018 , 06:15 PM
Quote:
Originally Posted by BlackJackDegen
Another example of what Chuck Bass was talking about. This was heading in the right direction and then as soon as the actual event happens like the wallet release it dumps back down.
Not the fault of the icon team it's the unregulated market being manipulated
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02-26-2018 , 06:56 PM
Hope ppl dumped their zcl in time, that's a pretty brutal graph lol

Etc going to look ugly very soon as well

Lux @ 11.5k sats looks like a pretty good buy for staking now. Bought a bunch yesterday, could see the price go up pretty easily + hopefully good staking profits
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02-26-2018 , 07:03 PM
What do you mean by staking?
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02-26-2018 , 07:24 PM
So far I haven’t found an exchange that accepts US deposits for $1k, not looking to put any more into this
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02-26-2018 , 09:20 PM
how do people here try to think about potential roi/ceiling of a coin?

example:

i think monero is a great coin. but it is at a $4.5B marketcap. can this coin really 10x this year? i know we should not just be thinking in terms of like "i need to 25x or its not worth it" because i think that is an unhealthy way to view investment, but for me personally, crypto is a high risk high reward thing.

on the other hand, a coin like lux, which i think is great, is $<15M mcap. what is the ceiling of this coin?


im not asking for your price predictions for those coins, but more so curious as to how you guys think about these things when trying to estimate targets for a coin.
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02-26-2018 , 09:35 PM
Obv all depends on how liquid and risk aggressive or adverse one is.

And how long you want to hold, and risk of ruin of a given coin.
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02-26-2018 , 09:35 PM
Quote:
Originally Posted by Chuck Bass
So, what are everyone's biggest bags?
MSP ~20% - this is a big gamble for me. DEX will have a big year considering all the hacks going on with other exchanges. I think arseniy and co are great, though they have missed some deadlines. they are launching exchange in q2/q3. low mcap = potential high reward. didnt get great entry prices. still very bullish long term. avg. 2.3k sat

THETA ~15% - great team, including co founder of youtube. price is near ico price which is a big plus

OMG ~10% - agree with most of what chuck bass has said. they have already implemented their product with various companies. very cool. they are building out something that will be able to scale tremendously. if omg dropped 50% in price, i would go almost all-in on it. i was just a bit late to the game. 120k sat.

DRGN ~10%

DBC ~10% - also a little concerned with how dbc is going right now, but will give it a few months before i start to actually make any decisions on dumping or whatever.

VEE ~10% - they are doing some very cool stuff - their tech have clear use cases. check out their youtube channel. great entry now too imo.

LUX ~10%

ARK ~5%

VIA ~5%

XZC ~5%


happy to hear what other people are holding
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02-26-2018 , 10:15 PM
i should mention that msp's location estonia gives it a unique advantage that none of the other DEX can replicate.
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02-26-2018 , 10:21 PM
I'm ~40% WTC, interesting that it hasn't been mentioned at all yet. Real world tech + legit Blockchain application + partnerships + big market (China). At current valuations I think it's a much, much better bet than VEN (5x cheaper), which seems to get more attention.

My other big bag is XLM, I only trade on Binance so pretty mainstream here
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02-26-2018 , 10:27 PM
Quote:
Originally Posted by Chuck Bass
Hope ppl dumped their zcl in time, that's a pretty brutal graph lol

Etc going to look ugly very soon as well

Lux @ 11.5k sats looks like a pretty good buy for staking now. Bought a bunch yesterday, could see the price go up pretty easily + hopefully good staking profits
Theyre both ****coins but ETC has a high cap and high volume so for now I'm still holding my bag to sell later, but the ZCL chart is not very inspiring for sure
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02-27-2018 , 12:35 AM
ETH ~50%
BTC ~15%


ICX ~5%

FUN ~5%
ENJIN ~5%


EOS ~5%
OMG ~5%


XMR ~5%

BNB ~5%

Green I've profited on, red I'm in the red. Holding everything but EOS long term
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02-27-2018 , 04:25 AM
Quote:
Originally Posted by aggo
The roadmap for how the SEC attacks ICO launches is really simple. They dont need to attack "decentralized" exchanges.


They will go after the "businesses" and companies that launch them. Because you cannot offer a security to an american without a dealer/broker license. Once an european (or anyone for that matter) launches an ICO that is deemed to be a security

e.g. 0 product (every ico), promise of profit (every ico), token that does not interact with application (bcap, iconomi, melonport), raising capital (every ico)

the SEC will hammer them into the ground.

Once they are done attacking businesses, they will go after all the exchanges that allowed trading of these tokens. Because these tokens are ****ing securities and you cannot sell securities to anonymous people, certainly not anonymous americans.


Literally only 2 ICOs to me that look like non-securities are Golem and Augur.
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02-27-2018 , 07:42 AM
Quote:
Originally Posted by jc315
MSP ~20% - this is a big gamble for me. DEX will have a big year considering all the hacks going on with other exchanges. I think arseniy and co are great, though they have missed some deadlines. they are launching exchange in q2/q3. low mcap = potential high reward. didnt get great entry prices. still very bullish long term. avg. 2.3k sat

THETA ~15% - great team, including co founder of youtube. price is near ico price which is a big plus

OMG ~10% - agree with most of what chuck bass has said. they have already implemented their product with various companies. very cool. they are building out something that will be able to scale tremendously. if omg dropped 50% in price, i would go almost all-in on it. i was just a bit late to the game. 120k sat.

DRGN ~10%

DBC ~10% - also a little concerned with how dbc is going right now, but will give it a few months before i start to actually make any decisions on dumping or whatever.

VEE ~10% - they are doing some very cool stuff - their tech have clear use cases. check out their youtube channel. great entry now too imo.

LUX ~10%

ARK ~5%

VIA ~5%

XZC ~5%


happy to hear what other people are holding

Haha, we have super similar bags. I've got some MSP as well, and I either have or have held everything but VIA (which I simply don't know almost anything about) at some point.
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02-27-2018 , 07:55 AM
Quote:
Originally Posted by barney big nuts
What do you mean by staking?
Just google "staking coins crypto" or something. You stake coins to get more coins. Most coins that allow you to do this are more or less bs but sometimes you get staking rates so good that you can "beat" the hyperinflation assuming you are even remotely good at timing your sells. There are some coins that are actual good projects that you can also stake, Lux imo has to be pretty damn near the top of that list but idk how good the staking returns are yet. Phore is another example of an actual good project that people seem to be staking a lot (heard something about rebranding tho, haven't been following). Anyway, usually ****coins have really good staking returns (in terms of coins earned), which in turns makes the coins itself worthless over time. Non-****ty stakeable coins have worse staking returns but the good news is that hyperinflation probably won't happen either.

For example I've been staking DVRS and DV7 which have something like 10000% annual ROI. You can only imagine how bad the hyperinflation is when it comes to the coin's value. Both of these gave me really good returns but only because I started early, I wouldn't recommend anyone starting to stake either at this point.

The above was an oversimplification/my very limited understanding of the subject, maybe someone else can comment further. Basically tl;dr if a coin is giving a staking ROI too great you can bet your ass you will get burned if you don't sell profits early.

Last edited by Chuck Bass; 02-27-2018 at 08:04 AM.
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02-27-2018 , 08:09 AM
stacking mechanism is pretty meaningless right now and for a while, it's unlikely that you can find a coin that will beat investing in bitcoin for the next 5 years.

some project that are "legit" : neo(4-5% annual return + value should raise a ton still) cardano should start stacking soon(4-6%) but is some super long term hodl.

As said before too good stacking return will mean ponzi or coins that become worthless.
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02-27-2018 , 11:01 AM
NANO getting huge thumbs up from a couple big names leave it the only winner vs BTC today.

ICX continues to be seriously undervalued.
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02-27-2018 , 11:18 AM
Quote:
Originally Posted by imjosh
Theyre both ****coins but ETC has a high cap and high volume so for now I'm still holding my bag to sell later, but the ZCL chart is not very inspiring for sure
Anyone else still holding ETC? Tempted to dump for ICX or BTC
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02-27-2018 , 11:20 AM
Quote:
Originally Posted by DoctorZangief
NANO getting huge thumbs up from a couple big names leave it the only winner vs BTC today.

ICX continues to be seriously undervalued.
damn, i forgot to use my smug result oriented #itoldyouso when it dropped from 16ish to 10ish the last few days !!!
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02-27-2018 , 11:25 AM
If you had the requisite perspective to understand why that doesn't matter in the least you wouldn't still be using USD as your metric for success.
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02-27-2018 , 11:35 AM
Quote:
Originally Posted by DoctorZangief
If you had the requisite perspective to understand why that doesn't matter in the least you wouldn't still be using USD as your metric for success.
One step at a time! My blockfolio was set in euro for months and now it's in USD, one day maybe i ll talk in satoshi like a cool guy like you.
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02-27-2018 , 12:19 PM
damn my ethos are worth 618 Doge today, such success much metric !
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02-27-2018 , 02:05 PM
Quote:
Originally Posted by DoctorZangief
NANO getting huge thumbs up from a couple big names leave it the only winner vs BTC today.

ICX continues to be seriously undervalued.
Considering its competitors, dont think icx is undervalued.
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