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

12-04-2017 , 08:25 AM
Thanks for the advice peeps
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12-04-2017 , 08:36 AM
Quote:
Originally Posted by Duffman08
I wish there was a way to keep track of all the people($ amount) who have gotten screwed/will get screwed by sending their BCash or BTCGold to BTC addresses.
:') would be nice for sh*ts and giggles
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12-04-2017 , 01:20 PM
IOTA tho
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12-04-2017 , 01:34 PM
"IOTA has been making waves recently by signing major partnerships with some of the world’s leading enterprises. Last week, the German-based startup announced a new partnership with Microsoft, Accenture and nearly two-dozen other companies to develop a blockchain solution tied to the Internet of Things (IOT). It has also been reported that the IOTA Foundation has partnered with Cisco, Volkswagen and Samsung around its Data Marketplace."


It can be a pain to buy and and a pain to store on your device, but based on these partnerships , its price is going up and up to who knows how what.
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12-04-2017 , 02:44 PM
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Originally Posted by Pokerlogist
"IOTA has been making waves recently by signing major partnerships with some of the world’s leading enterprises. Last week, the German-based startup announced a new partnership with Microsoft, Accenture and nearly two-dozen other companies to develop a blockchain solution tied to the Internet of Things (IOT). It has also been reported that the IOTA Foundation has partnered with Cisco, Volkswagen and Samsung around its Data Marketplace."


It can be a pain to buy and and a pain to store on your device, but based on these partnerships , its price is going up and up to who knows how what.
*To Develop a blockchain solution tied to the Internet of Things *

To me that means they don't already have the solution?....ie what are we getting in return for buying current MIOTA tokens on their existing, but apparently NOT a solution? Obviously you would've gotten to participate in this run-up (hype) but are the current tokens guaranteed to be tied into the solutions they build?
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12-04-2017 , 07:48 PM
No guarantees ..its not a certificate of deposit at a bank.
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12-04-2017 , 09:53 PM
Quote:
Originally Posted by Pokerlogist
No guarantees ..its not a certificate of deposit at a bank.
obv. no guarantee...but are the focking current coins even going to be used on any successful network they build? I think the broad consensus amongst developers in the Blockchain community was that IOTA was flawed so far (at the very least very unproven). add in the shaky wallet and I steered clear so far :/
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12-04-2017 , 10:23 PM
Yeah jfc iota
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12-04-2017 , 10:46 PM
Can any bittrex users confirm that many accounts have been frozen etc? I read this on another forum and even if many youtube videos, people are saying that bittrex has frozed many ppl accounts. And they dont even reply back to emails. In a video, one person mentioned people have lot of money stuck there and bittrex is not even responding back and they cannot even withdraw in their account.


I wanted to trade on bittrex and even got my acct enhanced verified but someone mentioned they had it verified but for some reason its not enhanced verified anymore and bittrex support have not responded back to them via email.


You guys mention iota. Do most of you use binance to buy it? Also can you explain why the wallet not good or hard to store etc?
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12-05-2017 , 02:08 AM
Quote:
Originally Posted by PaulyJames200x
Can any bittrex users confirm that many accounts have been frozen etc? I read this on another forum and even if many youtube videos, people are saying that bittrex has frozed many ppl accounts. And they dont even reply back to emails. In a video, one person mentioned people have lot of money stuck there and bittrex is not even responding back and they cannot even withdraw in their account.


I wanted to trade on bittrex and even got my acct enhanced verified but someone mentioned they had it verified but for some reason its not enhanced verified anymore and bittrex support have not responded back to them via email.


You guys mention iota. Do most of you use binance to buy it? Also can you explain why the wallet not good or hard to store etc?
Pauly many of your questions can be answered by simply googling the questions. You'll get more answers and faster answers going that route. Nobody is going to be able to guarantee anything. The best piece of advice is for you to read, read some more and keep reading if you are just starting out.

Any product or service(Not just crypto exchanges) is going to have positive, negative and neutral reviews, it is up to you to decide based on those reviews whether you purchase or use a product. There are people who have been screwed by bittrex I am sure, even if they are super duper verified. There plenty of people(including myself) who have used it a few times with 0 issues.

There are certain risks using bittrex or any other exchange, what varies across the exchanges are what those risks are. Exchanges like shapeshift/changelly have 0 verification, you don't even need an account to use some of them, you just send them one type of coin and they send you back the coin you want. But that has a completely different set of risks, or drawbacks. it's up to you to determine which risks and drawbacks are most important to you and choose the exchange that fits your needs.

Whatever you do, until you learn all the processes involved start with small transactions where if you screw up it doesn't matter while you learn the ropes.

IOTA - https://www.reddit.com/r/Iota/ there is a list of exchanges and wallets, damn near every coin has a subreddit that lists out wallets and exchanges. The limited research I did on IOTA when I was considering it in September was that it's only on a few exchanges, none of what I currently use and on top of that there weren't a lot of wallets available and the ones that were had problems of their own or were buggy. If wasn't a coin I had a strong interest in coupled with being difficult to buy and store I chose to pass. This is what makes it a bit interesting, seems to be on a bit of a run despite being hard to get/store. If it was on more exchanges and had better wallets it would probably be even higher.
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12-05-2017 , 03:11 AM
Is it harder for americans? Im EU but it wasn't that much of a hassle, wallets sure not as smooth as just storing on ledger/trezor but I feel the whole storing topic is really underdeveloped anyways.
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12-05-2017 , 04:27 AM
Quote:
Originally Posted by Duffman08
obv. no guarantee...but are the focking current coins even going to be used on any successful network they build? I think the broad consensus amongst developers in the Blockchain community was that IOTA was flawed so far (at the very least very unproven). add in the shaky wallet and I steered clear so far :/
I would suggest researching it.
Most critics are smacked back in the basement they came from.
Those basically didn't understand the tangle and how it works, yes IOTA has a long way to go.
But imo they are one of the most active (actually delivering (partial) products) and best teams around at this moment.
Add those partnerships in the mix and boom, powerhouse in the making.

Yes the wallet is not great at the moment, the are shifting some resources on that, now that the most important stuff of the 2017 roadmap is completed.

And by the way, they didnt do any big marketing yet.
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12-05-2017 , 06:01 AM
Proud IOTA buyer back when it was forever 50 cents. Never had a problem with the wallet, works fine for me. Get on https://www.binance.com and buy some before it's too late.
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12-05-2017 , 06:21 AM
Quote:
Originally Posted by Czar Chasm
Proud IOTA buyer back when it was forever 50 cents. Never had a problem with the wallet, works fine for me. Get on https://www.binance.com and buy some before it's too late.
Bought 3 giga at 1.5, i will be carefully optimistic. Do you have a point at which youd sell (not speaking of unrealistic heights) but lets say 10$ or the likes? Or is it pure hold for you?
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12-05-2017 , 07:07 AM
Pure HODL until I'm convinced otherwise. I'm actually still buying, got some more at $2.50 yesaterday. It has made some huge partnerships recently and will be added to Bittrex in the near future from what I understand.
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12-05-2017 , 07:08 AM
Got my first iota last night. Already wishing I get more. Guess I'll top up for little longer
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12-05-2017 , 02:23 PM
dat monero tho
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12-05-2017 , 02:29 PM
Quote:
Originally Posted by SamBob
Got my first iota last night. Already wishing I get more. Guess I'll top up for little longer
I got in last week at around $1.40 while shaking my head that I slacked on setting up a Binance account when IOTA was sitting around .50. I thought Coinbase was crediting bank transfers immediately as I coulda swore I got an email about that a while back. Turns out that's not the case. I bought some eth to transfer to Binance but then got told it would be 5 days so instead of waiting I just transferred some of my old eth from my Nano to Binance while waiting for Coinbase. Probably regret opening that can of worms.
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12-05-2017 , 04:08 PM
I'm gonna sound like a dumb bear, but you guys are really adding to your position in a coin with a ~$10b cap and ~zero use?
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12-05-2017 , 06:16 PM
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Originally Posted by TheMVP
I'm gonna sound like a dumb bear, but you guys are really adding to your position in a coin with a ~$10b cap and ~zero use?
Its the FOMO. Same things happened earlier this year with Ripple, ETH,etc.
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12-05-2017 , 06:22 PM
I'm proud of my evolution that I can now sit back and watch coins moon and not FOMO in. At this point unless you think IOTA is gonna pass ETH sometime soon then the risk reward just doesn't make sense to me for something that's already grown over 300% in a week or so off of speculation
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12-05-2017 , 07:09 PM
Quote:
Originally Posted by Czar Chasm
That said, if I had to pick some alts to go for based on word of mouth and very limited knowledge, I'd go for mIOTA, Nav Coin, Stellar Lumens, and Monacoin.
BEAST MODE ACTIVATEDDDDDDD

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12-05-2017 , 07:16 PM
I assume there have to be hundreds of stocks that have the same volatility as some of these coins, or not?
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12-05-2017 , 07:34 PM
Nav will hopefully blow up today when it starts trading on binance.
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12-05-2017 , 10:28 PM
lol IOTA is like the UIGEA for USA people all over again
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