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

03-10-2018 , 07:44 AM
Chuck seems to be one of the more sharper reg posters in this thread. Whatever he says, I’ll follow. I invested into 2 ICO’s a month ago. Praying it does ok, expecting the worst, hoping it does well.


Plan was to spew on the NEX ICO. It’s part of the NEO shtcoin clan. Bad idea???
Lost a ton on the KuCoin crap. Only one I made money on was RPX & RCOH (not NEO) got destroyed on DBC, lost on TNC.

Why am I punting off on NEX??? Pipedream or just setming.
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03-10-2018 , 12:29 PM
Quote:
Originally Posted by 167-169
Chuck seems to be one of the more sharper reg posters in this thread. Whatever he says, I’ll follow.

Truly terrible idea, please don't do this. I have less invested in crypto than some people pay in rake for a single poker tournament. I think this allows me to stay roughly objective (there aren't that many people who post regularly about crypto, are invested in crypto, and don't have some sort of bias), but the downside is I that also don't know almost anything about crypto and have very little time to actually follow the markets. I basically just follow crypto the same way some people follow fantasy sports or the NFL or whatever -- I spend maybe 30 mins a day organizing my modest bags and reading some news/tweets. An average poster ITT would have way more technical understanding about crypto than I have.

But yeah the ICO advice (to not invest in almost any ICOs atm) seems like a pretty easy one to give. Just go to one of the sites that lists pasts ICOs and shows how they've done (icodrops is one), you can compare the ICO price and current price for each coin etc. Then compare ICOs from December to ICOs from late January onwards. ICO investing just seems to really depend on market conditions. In December bull markets you could invest in basically any ICO and make money, because every single coin shot up at least temporarily so you could just sell whatever you bought at 5x profit or something. Buying ICO was basically = buying future coins at a discount. Now we're in a bear market, meaning that everything just bleeds slowly. So when you invest in your average ICO, your investment will just lose money while your coins are also being tied up.

Sure there will probably some outlier coin, but just as a very general piece of advice this is almost the only one I feel comfortable giving. Obviously if the market conditions change it could be a different ballgame. I'd still invest if I really thought I'd found the next Wanchain or whatever, but I'm not dedicating one second of my life trying to search for one atm because the chances of that feel very slim to me and researching ICOs seems like researching for ways to take a loss at a 98% certainty. I'd rather focus on other things.

Oh and also there might be some restrictions on ICOs in the future, I haven't followed that closely but iirc the message from the US seems to be basically that crypto = good but ICOs = need controlling.

FWIW I wouldn't advice anyone to invest in crypto atm in general, either. I'm fully expecting btc to reach at least 5k and I'm pretty skeptical about reaching new highs. Not really based on anything else but a gut feeling about almost everything still being overpriced, and I'd be happy to be wrong. Only mentioning this because I'd really hate someone misinterpreting my posts and investing because of something that I've posted. I'm freerolling all my bags and if I weren't I would feel pretty meh about being in crypto atm.
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03-10-2018 , 01:28 PM
Quote:
Originally Posted by Chuck Bass
I have less invested in crypto than some people pay in rake for a single poker tournament.
so somewhere in the $90,000-$111,111 range
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03-10-2018 , 07:56 PM
4 days in a row, the sell offs have come at same time of the day.
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03-10-2018 , 10:27 PM
Some positive news, the much hyped Electroneum mobile mining app was finally released and reached 100,000 downloads in a few days. I expect adoption to reach 7 or 8 figures in the next 12 months (viral marketing, referral bonus schemes, social media etc - things this team is actually extremely good at, as opposed to tech!). The allure of 'free coins' from a simple smart phone app could potentially be the bridge that brings the masses (particularly of the third world) into crypto.

When crypto currency finally achieves mass adoption and mainstream acceptance, it won't be down to some genius programmer or visionary white paper - rather, we will all be indebted to a deeply unfashionable British 'sh*t coin', lead by a man who made his name marketing cheap women's makeup for Avon.

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03-11-2018 , 03:00 AM
Quote:
Originally Posted by 167-169
Chuck seems to be one of the more sharper reg posters in this thread. Whatever he says, I’ll follow. I invested into 2 ICO’s a month ago. Praying it does ok, expecting the worst, hoping it does well.


Plan was to spew on the NEX ICO. It’s part of the NEO shtcoin clan. Bad idea???
Lost a ton on the KuCoin crap. Only one I made money on was RPX & RCOH (not NEO) got destroyed on DBC, lost on TNC.

Why am I punting off on NEX??? Pipedream or just setming.
I got raped on dbc and was considering Nex aswell to diversify my loss.
On a more serious note it's a good opportunity to read about decentralized exchanges.
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03-11-2018 , 08:13 PM
binance won't be putting up with these hacker scumbags



https://cointelegraph.com/news/binan...est-of-hackers
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03-12-2018 , 02:08 AM
John Oliver Talks Crypto. Starts at 11m30s.

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03-12-2018 , 07:30 AM
All in again. Got zero fiat.

Early in the week, hope market gets good this week.
Will probably take profits if see decent double digit gains.

Get back to fiat/Tether again later in the week.
������
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03-12-2018 , 12:51 PM
Womp womp
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03-12-2018 , 02:34 PM
Quote:
Originally Posted by 167-169
All in again. Got zero fiat.

Early in the week, hope market gets good this week.
Will probably take profits if see decent double digit gains.

Get back to fiat/Tether again later in the week.
������


Dump it.
Virtual Currency - Alt Coin Discussion Thread Quote
03-12-2018 , 03:58 PM
Lol who was it with PrayerCoin or whatever?

https://np.reddit.com/r/myfaithcoin/...et_free_faith/

FAITHCOIN
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03-12-2018 , 06:12 PM
Woke up, see all SL’s got triggered. Sigh...
Guess alt season won’t be until the summer.

What are y’all doing now with Portfolio? Mine are mostly in Cold storage melting away.
HODL seems to be just going through a slow death.
Still leave 20% on Exchanges to play with.
Wanna buy Ncash, ELA, MAN, ZIL, but probably best to not touch small caps at this moment.
Virtual Currency - Alt Coin Discussion Thread Quote
03-12-2018 , 06:24 PM
Quote:
Originally Posted by 167-169
Woke up, see all SL’s got triggered. Sigh...
Guess alt season won’t be until the summer.

What are y’all doing now with Portfolio? Mine are mostly in Cold storage melting away.
HODL seems to be just going through a slow death.
Still leave 20% on Exchanges to play with.
Wanna buy Ncash, ELA, MAN, ZIL, but probably best to not touch small caps at this moment.
I'm holding and trying not to look at the market. Down 75% on ICX and 50% across several other bags. Maybe the market recovers in a few weeks/months/years if not it's been fun
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03-12-2018 , 06:40 PM
Reasons to be bullish this year:

Bitcoin LN, ETH proof of stake, augur is almost out along with plenty of other dapps, a ton of new mainnets being launched this year (EOS, wanchain, ICON, aion, zil, omisego)

Plenty to look forward to
Virtual Currency - Alt Coin Discussion Thread Quote
03-12-2018 , 10:32 PM
Quote:
Originally Posted by Nonfiction
Lol who was it with PrayerCoin or whatever?

https://np.reddit.com/r/myfaithcoin/...et_free_faith/

FAITHCOIN
the religious token market is blowing up. in the future everyone will pay their dentist with dentacoin, tip their exotic dancers with titcoin, and they with tithe with prayertoken.
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03-13-2018 , 08:36 AM
No joke. This is probably a sure lock if you want free money.

Pick up some BTC!
Reason: I’m shorting BTC for a few hours. Only the 2nd time in my life I’ve shorted BTC.

With the crappy decisions I’ve made this past week, definitely best to do opposite.

(Hope VEN keeps pumping! Node in a few days)

WTF is up with Ncash? So strong. Quite impressive in this bear market.
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03-13-2018 , 09:18 AM
BTC seems like pure chop. Pretty tough to predict either way
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03-13-2018 , 10:22 AM
Lucked out. Checked telegram, saw the BNB news, quickly scooped up some “market buy” lol (never buy market)


Now have a quick 20-30% profit. Not sure to take profits now or HODL
Not taking profits was a huge leak of mine.

However, in this spot, they do have that huge burn very soon. Makes me lean towards HODL’ing for now. Might pump some more.
Virtual Currency - Alt Coin Discussion Thread Quote
03-13-2018 , 10:34 AM
Quote:
Originally Posted by 167-169
Lucked out. Checked telegram, saw the BNB news, quickly scooped up some “market buy” lol (never buy market)


Now have a quick 20-30% profit. Not sure to take profits now or HODL
Not taking profits was a huge leak of mine.

However, in this spot, they do have that huge burn very soon. Makes me lean towards HODL’ing for now. Might pump some more.
Damn, what was the news?
Virtual Currency - Alt Coin Discussion Thread Quote
03-13-2018 , 10:42 AM
Quote:
Originally Posted by 5 south
Damn, what was the news?
Binance Chain.

https://twitter.com/binance_2017/sta...546044417?s=21


The BNB market is moving so fast my computer can't catch up.
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03-13-2018 , 06:55 PM
Yeah. This is a great time for the crypto community in general to get the ball rolling with some decentralized exchanges. Marketplaces would be great too. Fully decentralized Amazon or silk road or whatever your into.
Virtual Currency - Alt Coin Discussion Thread Quote
03-13-2018 , 08:00 PM
Quote:
Originally Posted by 167-169
Lucked out. Checked telegram, saw the BNB news, quickly scooped up some “market buy” lol (never buy market)


Now have a quick 20-30% profit. Not sure to take profits now or HODL
Not taking profits was a huge leak of mine.

However, in this spot, they do have that huge burn very soon. Makes me lean towards HODL’ing for now. Might pump some more.
They only announced the beginning of development. My guess is that it will take a while to get set up - I'd sell now while it's hot; it will probably cool off over time
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03-13-2018 , 08:13 PM
Hi guys,
I'm on a fact finding for Cryptocurrency best practices regarding COIN SECURITY & MANAGEMENT. Any information or resources pertaining to best practices would be immensely appreciated. Thanks
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03-13-2018 , 10:54 PM
Quote:
Originally Posted by freeetreees
Hi guys,
I'm on a fact finding for Cryptocurrency best practices regarding COIN SECURITY & MANAGEMENT. Any information or resources pertaining to best practices would be immensely appreciated. Thanks
Hi,
Could you be a bit more specific about your situation, or the situation you are researching for?
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