With the SEC cracking down on security vs token issue, there are pretty much no more ICOs as they existed. Today, people are mostly buying worthless tokens. Even if that idea succeeds and the company succeeds, you just have the transaction tokens that will never be worth much.

The most impressive thing to me is that so little is required to raise money. Most of these projects have a web page, some giant project that promises to revolutionize the world, and they plan to do with with 1-3 ****ty developers pushing a little spaghetti code to github. Almost all have more promoting shills on their payroll than actual developers.

In the real world, these folks would have trouble raising angel money, not to even mention VC money. It's not enough traction/proof of concept. But I guess newb "investors" are more lenient. Guess who is going to win?

To me, this basically resembles pump and dumps. Most people that get caught up think they are early enough to profit, that there will be greater fools down the road. Sometimes that is true. But most get burned. Same with these laughable ICOs. I have yet to see one with a decent team, verifiable traction, and decent idea that goes beyond "blockchain for X industry." And going back to beginning - if you are not a SEC accredited investor, all you will get is worthless tokens and not a share in the company anyway.

Sold 90% of alts and all my BTC for Tether yesterday at ~9.6k btc. Only holding $OMG + staking coins. At 8.7k now and not buying anything back yet, all indicators look like dog**** to me. Antisweating is much more fun and less stressing anyway!

Yup, some of these companies might start to do well but doesn't matter if the token is worth $10 or $0.000001 as long as can buy them to perform the transaction. Pretty scummy tho as basically naive crypto investors who dont understand the securities issue been tricked into funding companies they have no stake in?

Yup.
40% of roll is now in fiat & tether.

Saw the Korean fud and dumped whatever I had on Exchanges.

The Cold storage long termers are stuck there to bleed away.

Feel like I WAS in amazing poker game but now somehow stuck 20buy ins. Will take forever to get back to even. Only way to get unstuck is play more of a higher variance style otherwise it’ll take a year of grinding to get the buy ins back.

These bounces hardly make a dent in the Portfolio. The next day we give it right back + some.

Feel like gotta take more risks on the dips. Gamble bigger and take profits immediately. Otherwise the bounces are useless. Holding for months perhaps years to win back $ doesn’t sound enjoyable.

With that outlook it sounds like you should cut your losses, for now at least. Why is it so important to win your "buy ins" back? You should be maximizing EV in relation to risk at every given time, not buy in for a certain amount and then try to win or lose.

Have been reading this thread for a while now and have not seen ENJ mentioned here. Might have missed it.

https://invormer.com/enjin-coin-enj-...ntal-analysis/

I don't hold much crypto in fiat amounts, but I have been selling almost all others and loading up on ENJ as much as possible. Compared to other ****coins, it truly seems one of the best in gaming space with a solid team, a real need for own token by a profitable company for a very long time, and a clear case for adoption.

The mobile wallets for Android and IOS are also extremely good considering security features and the underlying idea on how the wallet will help with adoption. they will be showcasing in the Game Developer Conference in legit-sized booth and some major partnership besides the previous ones is coming out in March. Doubt that in this market it will affect the price yet, but happy for that as very good to buy on current prices.

https://enjincoin.io/

If anybody has a good way to shoot this project down for long time holding, then very interested in this.

The market has been artificially repressed by Mt Gox Whale since December. Fundamentals are still good, and improving. The biggest story buried in the FUD is Crypto Index Funds. Now institutional investors and normies can buy in without having to worry about tech / storage etc. Crypto is becoming a 'legitimate' asset class that virtually every investor in the world will want to have some exposure to.

Did have some ENJ but in this environment. I’m too scared holding small caps. Pretty much only BTC & some Big caps only for now.

Was glad to be in fiat during this past dip.
Made a little BTC shorting it.

Will definitely get back into shtcoins once alt season comes around.

ENJ Android is good however I couldn’t see it on IOS app store.

Check out the total market cap graph. Seems like a pretty important "support level" here. The bottom before the bounce was 332b, we are now at 333b. If it keeps dipping that graph looks exactly like the market cycle graph that I'm sure everyone's seen pasted a thousand times.

Buys filled at ~8k so I'm back in the game. Pretty much just bought my old coins back at a discount, added more $omg, and added a bunch of hight, crop, dev, for and lux for staking. Hight now by far my biggest bag, probably a pretty decent spot to buy since the lowest return blocks are about to start (so people want to sell -> price goes down) but 12000% ROI superblocks are on the horizon. IDK what my plan is about selling yet but unless the entire market goes to absolute **** I doubt it'll be even possible to turn a loss with ~152 sat avg buy regardless of if you stake until/beyond the superblocks or sell to the fomoers just before the superblocks.

Got 22 coins total and only 5 of them are in the top 100 mcap. 4 of them are not even on coinmarketcap, lolz. Rough times require rough YOLOing


Edit: Don't think buying back at 8k btc was even a particularly great move, if I had to take a guess whether we'll see 6k or 10k first I'd bet on 6k for sure. But playing with alts is too much fun, there were some great firesales and I simply didn't have the heart to stay away any longer. Expecting some temporary green when I wake up tho

You should like this Chuck

Epic

While agreed it's far less bad than the majority of sales these days, they delayed their sale due to lack of interest despite positive press coverage (even in mainstream sources like Forbes) and there were a lot of other concerning factors.

Source: https://concourseq.io/Q/Winding_Tree

https://itunes.apple.com/us/app/enji...8375?ls=1&mt=8

New coinbase alternative Abra on ios and Android.
Could be a decent fiat gateway.
Limited for alt-coins since you can only trade and not send them.
Litecoin will become sendable next week.
You are supposed to control your keys.

Do you have faith in Tether?

Playing with tether is playing with fire. The chances a major crash of the market make tether implode are non 0.
Trading on gdax for fiat seems safer.

Not really, I agree putting money in tether is playing with fire as well but fine as a short-term (as in, a couple of days) type of play. I don't have the balls to actually short btc on bitmex etc, but if you have a feeling btc (and thus, the whole market) will go down, I think going btc->tether->btc for a quick swingtrade is alright.

I'd guess that there's a bunch of shady **** in those Tether audits but I also don't think there will be any further drama from those. IDK I wouldn't be super shocked if they somehow managed to publish clean audits either.

What are your thoughts on an initial community offering as opposed to current ico's? muni bonds of the future?

I sold an ETH at the bottom so uhh you're welcome everybody. Don't cry for me though I picked up most at $12-14, then a couple at $170 and 390. But still, $570 is the obv bottom now.

Is no obvious bottom, if the buyers go away or get washed out you will need some market event or news to create more buying.

Abra is bitcoin denominated contracts for difference not actual altcoin ownership.

Someone tried to hack into my Cryptopia account last night 3 times within 1 hour. They knew my login email but not the password. The 3 different IP addresses were from Ukraine, Nigeria and London. I'm not sure but I think I may have used a fake Cryptopia app to log in from my smart phone once a few months ago...as soon as I realized it was fake I changed my password. I recall I used a fake Poloniex app once too.

People need to know that not all apps on Google Play are legit, which makes me wonder why Google don't discriminate a bit more on which apps they have available.

Same thing happened to me in the last few days only on BiBox. I've 2FA on all accounts so it isn't really a worry but I've no idea how they got my email.

https://www.reddit.com/r/DeepBrainCh...reddit-android
For dbc holders

How good/bad are WD fees here compared to binance?