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Haz

You have seen.
Member
Oct 25, 2017
324
Anyone up for some Chinese research? I need some help verifying things.
Haz said:
Also I'm moving 60% of my portfolio into VEN because I'm stupid. Also BTC might rally hard if it breaks something like 15.4k? So maybe not the best time to move but whatever. And yes I know VEN went up 30% recently then stabilized. Also I threw 1 BTC at the bots trading VEN and it for sure is being suppressed.

Very high volume, static price, then just bots trading on margin with a giant (fake?) whale wall. 30-60% potential?
I'm 60% VEN/40% XRB now.
-DECEMBER 28TH B)
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Skies

Member
Oct 25, 2017
2,259
So Bitcointalk has gone full detective mode and allegedly has tracked down the owner of CM.
 

metaprogram

Member
Oct 28, 2017
1,174
I've got some money in SC right now, but it's not really doing it for me. Would this be a good time to convert it to ADC?
 

criesofthepast

Crash Test Dummy
Member
Oct 25, 2017
1,056
Any Canadians in here?

If yes, any Canadians doing the daily trading? I'm at home all day, so I have lots of time to fuck around.

Mind you, I am 100% new to this. Just bought $100 of bitcoin on coinbase, and $100 of litecoin (started small to use just some money to play around with). I had to register on quadriga and verify there which apparently takes time, and thats the best place to actually cash out?

What is the next Canadian friendly exchange (is that what you call them?) that would allow me to buy and trade all these other coins I see on here?

Sorry if any of this sounds naive.
I was a member on CAVirtex which got bought out by Kraken. All my info and verification transfered (was sold) over to Kraken. I have used them only to cash out canadian dollars. Their site sucks ass to trade on in my opinion. Only a means to get in and out of FIAT.

Kraken, Coinbase, Quadriga are the ones you should stick to. I wouldn't touch any other exchange when dealing with FIAT. As for actual trading in crypto I like Binance and it is insane how quickly they have become the number #1 exchange.
 

RalchAC

Member
Oct 27, 2017
825
I have to go to meet some friend in like 15 minutes, but I'm bookmarking this thread and I'll give it a proper read before asking any questions about cryptocurrency. I have a bit of cash saved up from the last time I was working, and I'd like to spend part of that (maybe 100-200€?) in here and see if I can make some nice cash out of it. I don't see this as black magic, but I think I'd wants to kick my future self in the balls if I don't ever try to get into this while it's such a big growing market.

So hi everyone!
 

havokex

Member
Oct 26, 2017
53
What do you guys use for your wallets? I've been using exodus Eden, but I'm probably going to move away from it as the fees seem to keep on increasing
 

EmptySpace

Member
Oct 26, 2017
135
I thought people were saying mining was dead a few months ago? Seems like the returns have gradually increased. Did people just underestimate the alt coin market then? I wouldn't mind having a 6-12 gpu rig on the side.

The problem with GPU mining is the cost of pc hardware right now. Basically everything outside of cpus and hard drives have shot up in price for components. If you're quick and patient you can get stuff at a reasonable price, but getting a full rig together from scratch takes multiple weeks of fighting resellers. I think a lot of people are also worried about the risk of the market contracting or just collapsing and being stuck with a bunch of hardware and not making back what they invested.
 

Daedalifts

Member
Dec 9, 2017
54
I dumped ADC this morning. It wasn't sitting well with me, but was happy with x2~.

Not sure where to put the BTC yet. Maybe more SUB.
 

EmptySpace

Member
Oct 26, 2017
135
Not sure if I should keep HODLing ADC. If it keeps dropping like this my profits will be all gone by late today.

I'm very very new to this, so I might be way off base. I think about these investment always with the assumption that this stuff will crash or at least contract very sharply in the future. So I ask myself which of these coins and tokens seem like they're doing something meaningful? Because even if this stuff does crash the technologies behind them are too useful to just stop existing. It's sort of like the dot com boom and crash. Most of the stuff that survived and continued to grow are extremely successful companies now or were consolidated into one.

ADC looks like a survivor to me.
 

tommy7154

Banned
Oct 25, 2017
5,370
I'm just happy there are people even worse at holding than me. I wasn't sure they were out there.

Once you guys learn you will regret selling just because something isn't giving you immediate gains.

Right now something might be worth 2 pennies. It might drop to 3/4 of a penny from there. But next time there's big news guess where that coin is headed? Nowhere but up. It could be that that penny coin is worth a dime in 2 months. Or a nickel in a week. You have to have more patience to see the big gains.

Yes you can take your small profits and that's fine, but when you check the price again in a week or in 3 months or whenever...you're going to have regrets.
 

Icespark

Member
Oct 25, 2017
237
I'm very very new to this, so I might be way off base. I think about these investment always with the assumption that this stuff will crash or at least contract very sharply in the future. So I ask myself which of these coins and tokens seem like they're doing something meaningful? Because even if this stuff does crash the technologies behind them are too useful to just stop existing. It's sort of like the dot com boom and crash. Most of the stuff that survived and continued to grow are extremely successful companies now or were consolidated into one.

ADC looks like a survivor to me.
Not like a stock though. You don't own a portion of the company. A blockchain company can just create another coin and leave you out of any profits. It would be like you buying Amazon stock but when they started selling more than books, creating Cloud Hosting and Streaming Services you got no part of it. What stops the company behind ADC taken the technology they developed off your funding and creating a new coin for other content type like Movies, sporting events ect.
 

Vex

Member
Oct 25, 2017
22,213
So I take it we should just forget about our coinsmarket money then huh?
 

ronco2000

Banned
Oct 28, 2017
1,705
I'm just happy there are people even worse at holding than me. I wasn't sure they were out there.

Once you guys learn you will regret selling just because something isn't giving you immediate gains.

Right now something might be worth 2 pennies. It might drop to 3/4 of a penny from there. But next time there's big news guess where that coin is headed? Nowhere but up. It could be that that penny coin is worth a dime in 2 months. Or a nickel in a week. You have to have more patience to see the big gains.

Yes you can take your small profits and that's fine, but when you check the price again in a week or in 3 months or whenever...you're going to have regrets.

This. It's only been a few days. There are more days ahead of green days and red days. You're not going to be a financial independent in a week. If you think that then you'll be very disappointed. Patience is the key to financial independence. The Great Wall wasn't built in a day.
 

dean_rcg

Member
Oct 27, 2017
4,270
Anyone have any experience of gate.io? I'm thinking of getting some MediBloc and it's one of only 2 exchanges that offer it, thanks in advance.
 

Cipherr

Member
Oct 26, 2017
13,422
Im glad you all got your money off CM. Im not gonna lie, I thought a bunch of people were going to lose their money on that site. Glad to be wrong on that one. I didn't want to even say it for fear of speaking it into existence.
 

TarNaru33

Banned
Oct 27, 2017
2,045
So, coinsmarkets officially scammed us or what.

Haven´t been keeping up, too much work.

So I take it we should just forget about our coinsmarket money then huh?

Best to assume the worst... I did that for the Simonds and Yancey name drawing in VA and was not disappointed when I got the results. As much as I would love for it to come back up, I am going to assume it isn't, which sucks because I had Colx that I bought 2 days before it went down. I should of fixed my wallet sooner :(
 

Ahri

Lying PR
Verified
Oct 25, 2017
207
Oh well, I just had some ECA in CM. Good that I took out my COLX before going on holidays :).

No news on the Discord link ?
 

EmptySpace

Member
Oct 26, 2017
135
Not like a stock though. You don't own a portion of the company. A blockchain company can just create another coin and leave you out of any profits. It would be like you buying Amazon stock but when they started selling more than books, creating Cloud Hosting and Streaming Services you got no part of it. What stops the company behind ADC taken the technology they developed off your funding and creating a new coin for other content type like Movies, sporting events ect.

In the short term nothing and that kind of sucks, but I'm not thinking about this stuff in the short term. I've invested money that I basically would have used to buy dumb stuff instead, so I've made peace with the idea that these guys might do exactly what you're talking about. However in the long term it would probably better for crypto technologies to not splinter off into an entirely new company, because if they do they lose out on their widespread distribution, which is sort what all of this stuff is about. These things are all about decentralizing computing power and data in major industries, if start over when you're already big whats the point?

Again I maybe grossly misunderstanding this stuff, and I might be making some false assumptions.
 

GestaltGaz

Member
Oct 28, 2017
1,991
For the new thread, Ripple is a terrible cryptocurrency. One guy owns 90% of it, one company controls it all.
That's BS and goes against the whole idea of removing control from banks and stock markets.
Of course big money would love this, because it would return control to them.
I'm sorry, I can't let this go. The Ripple company has 6Bn of the 100Bn XRP in existence. "One guy" does not own 90% that's just bs. 35 Bn is in escrow and the rest is distributed.

The control of banks argument reeks of pubescent rebellion to me. Sure banks are 'evil' and let's fight the system and all that, great. But one step at a time. Crypto is hardly taken seriously by the majority of people outside our bubble, so linking the banking system to crypto makes sense to me for overall growth to happen. A rising tide raises all ships and all that.

Ripple may or may not be that solution to get things moving. In fact it has just released more news about real world use of XRP by Moneygram. Why shoot it down, it being successful helps all crypto gain respectability long term. We all want crypto to succeed.
 

TemplaerDude

Member
Oct 25, 2017
2,204
Xlm has been in the green for me for a while... But I got in real cheap. Something about the name really appealed to me.