Ripple.... ohhhhh ya
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Ripple.... ohhhhh ya
100 for neo. Next up, 200.
http://www.businessinsider.com/inter...auddev-test432
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Ah.....hahahaha. There is justice in this world.
https://www.cnbc.com/2018/01/02/bitc...e-amounts.html
Get a life. You act as if the entire history of money has only been occupied by trustworthy and honest individuals. Unfortunately, the whole world is full of grifters, even some "charities" are scams. Is there some unscrupulous behavior in the crypto space? Of course there is. But there is also a lot of amazing innovation occurring as well. Writing it all off is unfair and naive.
Rippleeeee.... trx doubled in the last 2 days.... day traders are killing it if they are good... I'm just on hodl... I lose Lil by Lil when I try n play them .
Giddeeyup on BTS, XLM, XRP, TRX AND ADA for the last three days...insane. Question is now....what to do...cash out too soon, like Peter Lynch advises in 'one up on wall street'...or...hold on for long term ride the highs and lows...or...keep moving up the stop loss that sells into bitusd and hold till a correction looks like it's at or near or rebounding from a bottom. Problem with the damn stop loss is flash crash blowing the stops or setting the stop to close to price and then due to the damn volatility of these coins triggering a sell and the damn thing rebounds and recovers in the next 15 minutes...
Anyone wise out there that could share some technical advise?
Are any of you guys into ICO's? Have a buddy that carpet bombed 15 of them and is grinning large these days from a few that hit. Dragoncoin, utrust and genesis vision...unreal returns. Might still be good upside potential on these lil puppies.
Did you define a timeframe and risk for the trade? What is your profit objective?
Technically, with this much volatility, IMO, you need to work off the daily or weekly chart at a minimum.
With transaction costs day trading is typically a fools errand and 24 hour volatility makes it that much more difficult.
Did you define a timeframe and risk for the trade?
Long term for total money. Willing to make short/med moves based on market and alt coin beta as it arises.
What is your profit objective?
Maximum with an acceptance of the potential of losing it all. I didn't put much money in. I remember a few things from Peter Lynch's 'one up on wall street' and one of em was don't risk what you can't afford to lose.
A buddy of mine used this example having beers around a campfire a while ago. He looks at me straight in the eye and says:
Picture your money in cash in a paper bag. Now throw it on a fire and watch it burn. How do you feel? Does it hurt? Put a number on what amount of cash you have in that paper bag and not feel the pain of watching it all go up in flames.
So I did and that's what I'm gambling with.
...figured I'd throw in some cash, spin the wheel and see what happens. Gambling money. Have some friends in the game and they're giving me tips on what and when to buy/sell. Just learning the technical terms of trading jargon and hope to day trade IF or once I get a handle on things...fees seem pretty low per transaction. Kinda have to make a lot of money to have profits after all the fees of putting fiat money into the process flow and then on the cashing out back into fiat money so willing to risk to maximize the return....and accept a washout loss as a possibility.
Technically, with this much volatility, IMO, you need to work off the daily or weekly chart at a minimum.
I've been watching the one minute, five minute and fifteen minute charts when time allows through most of the days for last few weeks. I find the bollinger bands fascinating and have made some moves based on BB squeezes.
With transaction costs day trading is typically a fools errand and 24 hour volatility makes it that much more difficult.
The fees per trade seem pretty reasonable on Binance, all things considered. The fees in general are so high in this crpto world with the three step process to move fiat into and again out of the exchanges/into/out of coins that I can accept all of it as simply the cost of doing business in this high risk/high return context.
I haven't done the math...but I am curious if we take 100 bucks of fiat money and get it into cryptos xchange, make 30 percent and cash out..at the end of the day how much real money ends up in your hands compared to that same Hundo put through the system of the normal markets through a discount brokerage or private broker/brokerage and the fees that they charge?
Also, I own a few tokens on the Bitshares decentralized exchange. Trading fees are one cent per trade (0.01213 BTS which is $0.01 USD) ...one of the advantages of Bitshares. Good upside potential for that BTS world, imo. Use BTS as a trading pair for the tokens and watch things climb to the moon in the long run. Hopefully. Word on the street is an upward bump after next week when an Asian exchange switches to the BTS platform introducing millions of new users to the trading platform...but who knows, could all be bullshit. But don't pros say buy the rumor/sell the news?
Dellusionaly optimistic here...just like in the skiing context. lol. i.e. if the snow goes to shit, it will always come back better. If this season sucked there's always next year which is gonna rock. My skis suck so a new pair will make me the best skier on the mountain. Etc....
Crazy world this crypto madness. The doom and gloomers pontificate that it's a Tulip bubble ready to burst. The visionaries looking into the crystal ball sing the praises and hallelujah of a paradigm shift with unlimited upside potential....who the fuck knows where the truth lies...but...might as well gamble a few bucks and see where it goes, cause one thing is for certain; If you don't play you can't win.
Kinda thinking barring some major black swan event things might just go to the moon. Look at the market cap of crytos...750 billion atm compared to the NYSE at 18 trillion or so...apples to oranges? Maybe but this shit is global...wait till all the mainstreamers start hopping aboard and see what happens...or not. Who knows, but for now, in this exact moment...I'm comforted by one of the other things the pros say; the trend is your friend. Who knows where that trend will go in two hours, half a day...tomorrow though.
In the time it took to type this shit out and edit it, TRON went up another 30 percent and the Binance exchange is not functional...guessing it's totally overloaded again. Lol.
We sure do live in interesting times.
I wanted a shitcoin so I now own ada.
Anyone having problems with the binance app??
Ethereum $1,000. NEO holding gains very well.
Was just able to get back on binance.. Damm scared me this mornig.... trx wow... been watching it since 7 cents... crazy
Ripple about to dump? Its not going on GDAX.
Cant they mine as much ripple as they want?
The ride on ripple reminds me of the stress being skiff man seining salmon when it's blowing 40 and 10 ft seas
.
Hot dam
‘I can see the digitals hanging in there if the dollar rolls over. Toxic market is dollar and Yuen rolling over same time.
For all the talk of BTC having set the high, alts have gained the equivalent of BTC's value in 5 days. Incredible money flow, irrespective of sustainability or motives.
BTC on another bull run?
http://www.europeword.com/blog/wp-co...run-fermin.jpg
Daily macd turning up so i bought a little. Still holding neo & eth. Btc may fail but worth a shot imo
I might grab some NEO on its next dip.
when Ripple first came out, they had some sign up deal where you got 100 ripple for signing up. I did that. But now I have no idea if I still have those, and if so, how I access them? Any interwebz currency experts know?
Uh ripple is only between $2-$3 per "coin" so I'm flush with a couple hundred bucks if I can figure out how to access it.
I accept! Wait, what?
I'll say it again. Fuck BCH. It's like the Dark Star Orchestra of Bitcoin. The intimidators will never match the real thing.
Perfect completion of the right shoulder on the daily weekly.
What a crazy dip..... congrats to those that added or got in at the lows..... holy baaaajezzzus
I don't believe so. Seems like some shady market manipulation on coinmarketcap.com's part though. I bet some whales just took major advantage of the cyber Monday sale.
I think the China thing is still up in the air, but could eventually be good. Too much mining centralization in one country is not ideal. It may be a good opportunity to get the miners on renewable energy as well, rather than dirty coal.
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Bitcoin is teaching libertarians everything they don’t know about economics
Bitcoin changes prices too quickly to be a currency and processes transactions too slowly to be a payments system, but it is juuust right for teaching libertarians everything they don't know about economics.
The first thing they don't understand is that money isn't just a store of value. It's also a medium of exchange, or what we use to buy things with. And if it's going to be much of one, then it not only has to avoid losing too much value, but also gaining too much. Otherwise, why would you ever spend it? You wouldn't. You'd just hold on to it as long as you could in case, like bitcoin, it went from being able to buy $900 worth of stuff one year to $19,000 the next. Which, if it ever did replace the dollar, would bring the economy to a halt while everyone stopped buying anything other than the essentials and waited to become bitcoin millionaires.
To stop that from happening, you'd need to be able to increase the supply of bitcoins as the demand for them did. This is more or less what is known as “printing money,” and, as is often the case, it can be either good or bad depending on whether it's done appropriately or not. Do it too much and you can get the type of persistent inflation the U.S. had in the 1970s; way too much and the kind of currency-killing hyperinflation Germany had in the 1920s; but too little and the economy might fall into a doom loop like the whole world did in the 1930s. Bitcoin, though, is set up under the assumption that people — or, more accurately, governments — can never be trusted to do this, and that pretty much anything that reduces the value of a currency is by definition bad. That's why its pseudonymous creator decided there would only ever be 21 million coins, even though that hard limit has meant prices have zoomed up and down and back up again as interest in bitcoin has itself. That's made it the best penny stock and the worst currency in the world.
The second thing they don't get is that trust makes economies more and not less efficient. Bitcoin, you see, is best understood as an attempt to rewrite the rules of our money and our financial system so that your savings are safe no matter what happens in Washington or on Wall Street or whatever digital version of them springs up. To make it so nobody has to trust anybody. But it's an ideological point of view that bitcoin takes far beyond any technological need. Here's what I mean by that. The real genius of bitcoin — and there's plenty of it — is that the process of “mining” new coins creates a public record of every transaction it's ever been used for. As a result, you can send things online without needing a bank to tell you who has what to send. That's already there for everyone to see. So goodbye transaction fees, and hello bitcoin!
Well, except for one little thing. The number of transactions bitcoin can process is extremely limited by the fact that it's chosen not to put much memory into its system. Indeed, bitcoin can only handle a maximum of seven transactions a second compared to the 56,000 that Visa can. That means that even though bitcoin's transaction line isn't very long — not many people use it, after all — it still takes a long time to get through it. Unless, that is, you're willing to pay the $28 it now costs to skip to the front. But what's the point of using bitcoin then?
There is, of course, a pretty simple solution here. That's just ... increasing bitcoin's memory. The people who run it, though, have ruled that out. Why? Because that would require a modicum of trust, and they want to abolish that entirely. Bitcoin's raison d'etre, remember, is to reprogram the economy so that governments can't inflate your money away and banks can't gamble it away. Creating a parallel financial system that lets you manage your money outside of the traditional one is the first step in this. Keeping it from becoming as centralized as the old one is the second. “Bigness” in all its forms is the real enemy. It's how you get the kind of single points of failure — the Federal Reserve, Lehman Brothers, or, maybe, even a large enough bitcoin mining group — that can potentially bring the whole thing down. You have to trust that they won't (and regulate them just in case).
If you don't want to do that, then you can't really add more bandwidth to the bitcoin system. Here's why: The more data there is, the more computing power you'd need to win the mathematical races that decide who gets new coins. And in that case, mid-sized miners would have a harder and harder time competing. The market, then, would naturally consolidate into a few big players, and bitcoin's payments system — that's what the miners are really doing — would be just as top-heavy as, say, the credit card companies are today. So just like anything else, specialization would make bitcoin work better, but at the cost of having to trust the specializers. Which, as we've said before, they don't want to do. Bitcoiners would rather keep it pure and useless for anything other than talking about how it must be good for something.
But even in a world where bitcoin actually did work, it still might not be worth using. At least not from a societal perspective. That's because it's not just a matter of how much bitcoins cost people to use, but also how much it costs everyone else when they do — which could be quite a bit. The type of computers that can quickly solve bitcoin's cryptographically complex equations aren't cheap to run. In fact, they're energy hogs. They already consume more than 0.1 percent of all electricity (or about as much as Denmark), which is remarkable when you consider how little bitcoin is actually used right now. If that ever went up, so would its energy needs — perhaps substantially so. The important thing to understand is that the more bitcoin costs, the more incentive there is to “mine” for it, but the more that happens, the more computing power you need to win new coins. So the amount of energy it uses should go up hand in hand with its price.
Bitcoin, in other words, is one big negative-externality machine. That's what economists call a cost that someone else has to pay for something you did. The canonical example is the pollution that comes out of a factory — society at large is left with the cleanup bill — and bitcoin might not be that different. Sure, some bitcoin miners run on renewable energy sources like hydroelectric or geothermal, but a lot of them still use coal. It's the economical choice, after all. Well, at least for them. So even in the best-case scenario, bitcoin might not be cutting transaction costs so much as redistributing them from individuals to society. That's what it would mean if miners who get paid with new bitcoins replace bankers who get paid with fees as our middlemen.
This, apparently, is progress.
Bitcoin is a revolutionary technology built on reactionary economics. That first part has blinded people to the second — how could something so clever be so useless? — but it's true. Bitcoin's strictly limited money supply harks back to a time when money was a shiny rock you dug out of the ground, not a piece of paper with a dead president (or treasury secretary) on it. And its attempts to insulate miners from the forces of economic rationality are akin to nobles' old feudal protections.
Bitcoin is only the future if you think 1789 wasn't in the past.
Not that they're paying attention.
If you listen to bitcoin's biggest backers, it's supposed to be our gleaming future, one where we can make money just by holding it, move it anywhere in the world for free, and no longer have to depend on banks or governments to do the right thing. If you look at what bitcoin actually does, though, it's more like digitized nostalgia for a pre-modern past where money was discovered rather than printed, economics was a simple subject where markets never failed, and you never had to trust anyone you didn't know. It works, then, the way libertarians think things should—which is to say not at all.
I don't know what to make of the whole market but got into eth, ltc, xmr, omg and gnt in October and am very happy with the results. I feel like it could all crash down around me in an instant but for now feels like a MTB tire pumped up to 110 psi.
Im holding IOTA not sure its a great long term hold.
Token burn?
Quote:
Attention everyone!!
The unsold tokens were burnt today. AppCoins market cap and supply:
Circulating supply= 98 M APPC
Total supply= 246 M APPC
Market cap= Token Price X Circulating Supply ($300M atm)
For further clarification join us on Telegram @AppCoinsOfficial
1:19 PM - 9 Jan 2018