[NewDayNewFace]

(10-08-2017 04:39 AM)Jean Gabin Wrote:  

(10-07-2017 09:55 PM)NewDayNewFace Wrote:  

Wetrust (TRST) is gonna get pumped up. Bout to get in and see if I can swing it a little bit. It's currently at 29 cents.

Too late for me to get in. Where do you get this intel? I'm in some paid groups, checking twitter etc but the only news I read about TRST (Vitalik advisor) was after the pump

Trust me my friend. Since I posted this its currently at 35 cents. But honestly when I posted that post Vitalik was confirmed to be an advisor. This is a project he advised before OMG and Kyber. So when he tweets something like that I know it'll get a nice pump.

[churros]

It's becoming clear to me that, without getting really deep into this, daytrading shitcoins is essentially gambling. I'm not willing to invest sums which would justify investment of my time and attention.

So I'm going 70% into bitcoin/ethereum, and 30% into shitcoins, which I won't look at again for one year. My picks are ODN, LINK, and MTL. What do you guys think about this strategy?

[NewDayNewFace]

It's a decent strategy for someone conservative. I suggest doing some research and flipping only top notch ICO (such as the Kybers, 0x, Red Pulses) of the world. Flip those back into the main coins you believe in. But you can't go wrong investing in Bitcoin and Ethereum.

[thebassist]

(10-08-2017 12:38 PM)churros Wrote:  

It's becoming clear to me that, without getting really deep into this, daytrading shitcoins is essentially gambling. I'm not willing to invest sums which would justify investment of my time and attention.

So I'm going 70% into bitcoin/ethereum, and 30% into shitcoins, which I won't look at again for one year. My picks are ODN, LINK, and MTL. What do you guys think about this strategy?

It is indeed gambling- if anything TA is simply a tool used to gauge and abstract market psychology for some investment at a given point in time, which you can use to guide your investment decision-making. Just a form of more informed gambling at the end of the day- just happens to generally have a better outcome on average by using it than by not (at least for the better traders that I've spoken to, I'm not much of a day trader myself).

I can't comment on MetalPay, but LINK and ODN are also definitely my long-term picks, will be directing a lot of my ICO gains towards them as I think both have a very high ceiling compared to their current marketcaps. If I were to compare the two I would say that LINK is more of a certain bet than ODN, but that the potential payoff for ODN is much higher considering the potential demand for such a platform in the underbelly of the internet (or in general for privacy-oriented folks) and their very low market cap.

[SamuelBRoberts]

(10-08-2017 12:38 PM)churros Wrote:  

It's becoming clear to me that, without getting really deep into this, daytrading shitcoins is essentially gambling. I'm not willing to invest sums which would justify investment of my time and attention.

So I'm going 70% into bitcoin/ethereum, and 30% into shitcoins, which I won't look at again for one year. My picks are ODN, LINK, and MTL. What do you guys think about this strategy?

If daytrading is gambling, then hodling is going up to the table, plunking down the money, and then walking away praying that no one takes it.

MTL: Is down to something like half its value from where it was 2 weeks ago, and is literally resting on its last support. If it breaks this I don't know what happens. Their underlying economic model also seems sketchy as shit to me, but that may be that I haven't looked at it enough yet.
ODN: Lead dev just left. It was revealed that their messenger app is a reskin of a project called VisualCrypt that doesn't even use a blockchain at all. KYC-less ICO means it's going to have trouble getting anywhere except winning a poll of the month with Binance, which is no longer possible given how crappy the community mood is. If it languishes on Cryptopia and hit BTC the thing's long-term value is basically 0.
LINK: If SIBOS underwhelms this thing is completely dead. Will it? I don't know, but if you don't monitor it you're taking a huge chance.
ETH: Its technological flaws are starting to show. I didn't realize how huge the security risks for it were until I ran a silly little giveaway for a free coin and something like 10% of users gave me their private key instead of their public one. Gas transfer costs are insane. If there are implementation problems with Metropolis, raiden, etc. then we may never see 400$ ETH again as newer blockchains come to take it over.

[NewDayNewFace]

Alts are taking a beating right now. I'm thinking people are selling their alts in hopes Bitcoin reaches an all time high. The next time it hits that high I think it'll go up a lot.

That's my theory and I'm sticking to it.

[SamuelBRoberts]

Yeah that's what I'm hearing. I don't hold much BTC at the moment though.

[Stickman]

I have everything in Bitcoin right now not necessary to take advantage of the run and fork but to stop the bleeding from the alts. I'll buy back the alts when it drops even lower which I think it will.

[Transsimian]

(10-08-2017 08:43 PM)SamuelBRoberts Wrote:  

(10-08-2017 12:38 PM)churros Wrote:  

It's becoming clear to me that, without getting really deep into this, daytrading shitcoins is essentially gambling. I'm not willing to invest sums which would justify investment of my time and attention.

So I'm going 70% into bitcoin/ethereum, and 30% into shitcoins, which I won't look at again for one year. My picks are ODN, LINK, and MTL. What do you guys think about this strategy?

If daytrading is gambling, then hodling is going up to the table, plunking down the money, and then walking away praying that no one takes it.

MTL: Is down to something like half its value from where it was 2 weeks ago, and is literally resting on its last support. If it breaks this I don't know what happens. Their underlying economic model also seems sketchy as shit to me, but that may be that I haven't looked at it enough yet.
ODN: Lead dev just left. It was revealed that their messenger app is a reskin of a project called VisualCrypt that doesn't even use a blockchain at all. KYC-less ICO means it's going to have trouble getting anywhere except winning a poll of the month with Binance, which is no longer possible given how crappy the community mood is. If it languishes on Cryptopia and hit BTC the thing's long-term value is basically 0.
LINK: If SIBOS underwhelms this thing is completely dead. Will it? I don't know, but if you don't monitor it you're taking a huge chance.
ETH: Its technological flaws are starting to show. I didn't realize how huge the security risks for it were until I ran a silly little giveaway for a free coin and something like 10% of users gave me their private key instead of their public one. Gas transfer costs are insane. If there are implementation problems with Metropolis, raiden, etc. then we may never see 400$ ETH again as newer blockchains come to take it over.

I lost a whole bitcoin on odn. Worst crypto mistake so far.

It has massive potential, but the shilling and the dishonesty make survival unlikely.

[Bill Brasky]

(10-08-2017 12:38 PM)churros Wrote:  

It's becoming clear to me that, without getting really deep into this, daytrading shitcoins is essentially gambling. I'm not willing to invest sums which would justify investment of my time and attention.

So I'm going 70% into bitcoin/ethereum, and 30% into shitcoins, which I won't look at again for one year. My picks are ODN, LINK, and MTL. What do you guys think about this strategy?

MTL, ODN and LINK are definitely not what would be considered shitcoins. If you want a real shitcoin that could possibly grow if it pans out, go with Elixer, Bitdice or maybe some very low cap that 4 chan is shilling at any moment.

Iconomi now has several different index funds that are professionally managed and have pretty good returns and give you exposure to the better altcoins that have some serious potential.

[Bill Brasky]

(10-08-2017 08:43 PM)SamuelBRoberts Wrote:  

(10-08-2017 12:38 PM)churros Wrote:  

It's becoming clear to me that, without getting really deep into this, daytrading shitcoins is essentially gambling. I'm not willing to invest sums which would justify investment of my time and attention.

So I'm going 70% into bitcoin/ethereum, and 30% into shitcoins, which I won't look at again for one year. My picks are ODN, LINK, and MTL. What do you guys think about this strategy?

If daytrading is gambling, then hodling is going up to the table, plunking down the money, and then walking away praying that no one takes it.

MTL: Is down to something like half its value from where it was 2 weeks ago, and is literally resting on its last support. If it breaks this I don't know what happens. Their underlying economic model also seems sketchy as shit to me, but that may be that I haven't looked at it enough yet.
ODN: Lead dev just left. It was revealed that their messenger app is a reskin of a project called VisualCrypt that doesn't even use a blockchain at all. KYC-less ICO means it's going to have trouble getting anywhere except winning a poll of the month with Binance, which is no longer possible given how crappy the community mood is. If it languishes on Cryptopia and hit BTC the thing's long-term value is basically 0.
LINK: If SIBOS underwhelms this thing is completely dead. Will it? I don't know, but if you don't monitor it you're taking a huge chance.
ETH: Its technological flaws are starting to show. I didn't realize how huge the security risks for it were until I ran a silly little giveaway for a free coin and something like 10% of users gave me their private key instead of their public one. Gas transfer costs are insane. If there are implementation problems with Metropolis, raiden, etc. then we may never see 400$ ETH again as newer blockchains come to take it over.

I got into the first NEO ICO today. Opinions reguardong Red Pulse aside, I think neo could be a real competitor if not a replacement for ETH. The contract invocation process is straight forward and extremely fast. Also just holding it generates the gas needed to use it and it can even be sold by itself. Red Pulse fucked people over with the ICO today but that has nothing to do with NEO.

I don't think ETH is going obsolete anytime soon but I'm keeping my eye out for potential replacements.

[SamuelBRoberts]

Yeah, I'm sure it's great, but 6 months down the road somebody's gonna come out with a platform that kicks its ass.

And then iteratively on down the line...

[churros]

(10-09-2017 02:19 AM)Bill Brasky Wrote:  

Iconomi now has several different index funds that are professionally managed and have pretty good returns and give you exposure to the better altcoins that have some serious potential.

Interesting. What kind of returns do these generate? How much does one pay for the privilege?

[NewMeta]

Right now the whole market is moving to Bitcoin to cash in on "Bitcoin Gold", they would have you believe this is "free money", it is not. I will explain why, but you may already have seen the same argument floating about the crypto discussions currently, I just don't see this outlined on RVF yet.

This is a combined effort by big players in crypto to get everybody to panic sell their alts OR simply sell their alts for this bitcoin pump and the, in theory free money when bitcoin gold is created on the 25th via the fork.

Here is what is actually going to happen:

-There is no "free money" in bitcoin gold, it doesn't have the level of support that bitcoin cash had and is likely going to die very quickly. However not many know this and only have the BCH fork to learn from in the past, where people got their in theory free money.

-Just before the fork or even well before the fork (I would guess 3 days to a week before the fork on the 25th), these big players are going to dump their BTC to buy back into the now extremely cheap alts (OMG is dipping back down to 6 dollars, Link is heading towards the low 30s, these are huge potential projects that are now almost half of what they were otherwise trading at).

-Everyone sees what is happening but are now in shock, do they hold BTC for the fork anyway? Or buy back into the now pumping alts they only just recently sold for BTC at a loss? It's too late, the dumb people have now just made two bad trades and the big players have made two giant trades, they got the small 5-10% BTC gains and a possible 100% on any popular alt they bought at a huge discount.

So yeah, see you in 2 weeks to see how this pans out.

[void]

(10-08-2017 08:43 PM)SamuelBRoberts Wrote:  

(10-08-2017 12:38 PM)churros Wrote:  

It's becoming clear to me that, without getting really deep into this, daytrading shitcoins is essentially gambling. I'm not willing to invest sums which would justify investment of my time and attention.

So I'm going 70% into bitcoin/ethereum, and 30% into shitcoins, which I won't look at again for one year. My picks are ODN, LINK, and MTL. What do you guys think about this strategy?

If daytrading is gambling, then hodling is going up to the table, plunking down the money, and then walking away praying that no one takes it.

ETH: Its technological flaws are starting to show. I didn't realize how huge the security risks for it were until I ran a silly little giveaway for a free coin and something like 10% of users gave me their private key instead of their public one. Gas transfer costs are insane. If there are implementation problems with Metropolis, raiden, etc. then we may never see 400$ ETH again as newer blockchains come to take it over.

I do value your inputs, but
First, retards sending out their private key is like people giving their creditcard details and PIN to any random dude on the internet. has nothing to do with ETH.

Second, why is making a transaction on ETH chain expensive. or rather compared to what?

http://ethgasstation.info/
currently 0,0026 $ with a confirmation time of a few minutes

https://bitinfocharts.com/comparison/bit...es.html#3m
currently ~2 $ with a confirmation time sometimes several hours

Third, I think most people here know that they are riding something like a dot.com bubble (overvaluation of a lot of alt-coins). A lot of people will loose a lot of money, because now there are already big players in the market with a lot of influence and I am quite sure some day traders stack their retirement account with newb money right at this moment.

Not sure if trolling

[NewDayNewFace]

In my opinion we have a couple more years until this bubble pop. I honestly don't think you can go wrong with any coin in the top 30 for now. Take a look at Coinmarketcap in March and then look today. Compare the top 30 and the returns you would have if you just put your money on those coins.

In a year we will look back today and say we could've invested in anything in the top 10 and make a ton of money. I truely believe that.

Point of my story is that nothing is wrong for HODL. Because the bubble isn't going to pop soon. We are just getting started. Once blockchain is main stream and everyone is getting in then that's when I'll get out and then reenter when the entire thing explodes.

Also New Meta good point. I had planned to exchange all my ether after October 17 to bitcoin to get in on that bitcoin gold but I think you have a valid point. Look at the market today. Bitcoin is pumping while everything is bleeding. I've lost tens of thousands of dollars in a day haha. But I'll take this opportunity and buy cheap altcoins.

[thebassist]

SUB trading on binance now brahs, get the fuck in there.

Hopefully we'll see some nice swings to play with, let's see what happens.

[thebassist]

(10-10-2017 03:21 AM)thebassist Wrote:  

SUB trading on binance now brahs, get the fuck in there.

Hopefully we'll see some nice swings to play with, let's see what happens.

It's been pretty underwhelming- sold off a quarter of my stack for 12% profit (bought around 0.00048, sold at 0.00053) but there's not enough buy pressure or general volume to make things interesting for now.

Also a bit sad I wasn't up earlier today, it peaked at 0.00075 SUB/ETH but it's now sitting around 0.0005. Will probably just leave up a couple of optimistic sell orders and focus on other things for the day.

[king bast]

Used the altcoin crash to stock up on omg, waves and ark at bargain prices.

Now just sittin back, watching my balance grow by the minute like

[ElJefe1]

(10-06-2017 06:16 AM)Jean Gabin Wrote:  

LRC on a crazy run since 6 days straight now. Accumulated quite a bit and will continue to do next days.
Anyone else in LRC?

I got in LRC during the China FUD soon after the ICO AT abot .04c. This is a competitor with kybee and has an All Star team to tie with top notch dvisors including Da Hongfei founder of NEO. At only .17 I think LRC has a lot of room to growth and am very bullish on LRC. Anyone whom has t got in I think it's still a good bet. Right now any ALT you like this is the perfect time to buy, it's a fire sale going in the past few days.

[ElJefe1]

If anyone liked monetha the cost is 108 today so that's the equivalent of buying during the ICO with an approx47% bonus

[Odin]

XLM Lumens .looking ready to fly now ...

[PhenomKing]

Guys what are your thoughts on Walton Coin (WTC)?

[Transsimian]

(10-11-2017 08:28 PM)PhenomKing Wrote:  

Guys what are your thoughts on Walton Coin (WTC)?

Best investment I've ever made.

[SamuelBRoberts]

Tried to trade QTUM based off a pattern...
Stopped out in an hour and lost 50$.

Lame as fuck.