Cryptocurrency

Judoka

Well-Known Member
Jun 16, 2010
17,542
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Timbuktu
Bitcoin is useless imo. It's popular because it's the first ever coin and everyone has heard about it. You can't send a transaction under $35 ( learned that the hard way) because of the network fees. Bitcoin isn't here to last.

Stuff like that is why people are mocking you, by the way. You haven't actually looked in to the thing you're investing in and promoting.
 

Playboi Carti

Well-Known Member
May 7, 2017
1,581
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Stuff like that is why people are mocking you, by the way. You haven't actually looked in to the thing you're investing in and promoting.
I have, I made the mistake the first day I got into it. I was completely unaware of the high transaction fee. Now, I track my portfolio every day. I do, I've learned a ton about these coins on youtube.
 
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SpokaneCY

Well-Known Member
Apr 11, 2006
13,294
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Spokane, WA
I REALLY feel like there are a few posters on this thread PUMPING this to the detriment of investors who salivate at shiny things.

I really hope nobody on here actually gets their investment advice from a sports board.
 

deadeyededric

Well-Known Member
Dec 12, 2009
15,836
13,622
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Parts Unknown
Stuff like that is why people are mocking you, by the way. You haven't actually looked in to the thing you're investing in and promoting.
I assume he is doing as much research as anyone. Nobody really knows which coins will take off and which will be useless. The idea is that you bet on which technology will become the best and most desired in the industry. Most of us are in this for the short term and are skeptical of the long term value of this stuff to begin with. It's like going to the casino. Really nothing more. I don't put this in the same category as any of my other investments and I didn't put in more than I could afford. No biggie as far as i'm concerned.
 

deadeyededric

Well-Known Member
Dec 12, 2009
15,836
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Parts Unknown
The speculation of Verge (XVG) launching "Wraith Protocol" today has it on the move. If the coin doesn't take off soon it's going nowhere imo.
 

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
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See you’re probably older, less familiar with modern technologies. You’d be surprised how much you can learn on YouTube.

Regardless of whether or not these things are good investments now, you cannot ignore the fact that cryptocurriencies have made many small time investors very rich. They also tend to be very young, men, and many with Libertarian/anarchist tendencies.
 

VTXCyRyD

Well-Known Member
Sep 2, 2010
5,638
2,988
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I want to get involved, but every time I look into it, it seems that the people making the money are those charging all the transaction fees.

It is also not that easy to buy some of the smaller cryptocurrencies without buying larger ones then exchanging them for smaller ones.

Probably best to just stay away.
 

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
113
An interesting article on one guy's reason for being big into crypotcurriencies and some of the big picture ideas that I also see happening. We are moving from centralized structures to decentralization and this shift will change everything. We need to broaden our understanding and see all humans as humans and forget the Nationalistic bull hockey that leaders use to keep us enslaved.

https://libertyblitzkrieg.com/2018/01/02/welcome-to-2018-we-are-all-connected/
 

CyCrazy

Well-Known Member
Dec 17, 2008
27,065
15,299
113
Ames
An interesting article on one guy's reason for being big into crypotcurriencies and some of the big picture ideas that I also see happening. We are moving from centralized structures to decentralization and this shift will change everything. We need to broaden our understanding and see all humans as humans and forget the Nationalistic bull hockey that leaders use to keep us enslaved.

https://libertyblitzkrieg.com/2018/01/02/welcome-to-2018-we-are-all-connected/

I bet you have an old semi trailer buried in your backyard for safety.
 

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
113
a semi trailer would collapse if buried. Would I own an underground bunker if I was rich, probably.
 

Judoka

Well-Known Member
Jun 16, 2010
17,542
2,645
113
Timbuktu
See you’re probably older, less familiar with modern technologies. You’d be surprised how much you can learn on YouTube.



Or perhaps.

S4mPCqx.png
 

Kypdurron

Member
Dec 13, 2017
60
27
18
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West Des Moines
Hey guys, I will start trying to give some updates on my holdings and interests.

Current coins I have invested in:

The big 3 - BTC, ETH and LTC - These are great positions to have as they are the name brands of the crypto verse. As more and more new investors hop into the market these will continue to rise because these are the most covered by the news. Think gold, silver and bronze.

Tezos - This is my biggest holding. The genesis block should go live in February and a couple of well respected crypto investors are expecting a initial market cap of 10 bil, which would put the coin north of $8 at debut. This has the potential to beat Cardano and possibly ETH within the year.
- WhalePanda is a good follow on twitter

Bitcoin Cash - I only have this holding because of the fork, I'm thinking about selling this position here soon as the lighting network has entered the test phase. This should significantly increase transaction time on the BTC blockchain and start to stomp out these forks.

Golem - This was an early investment that I got in at less then $.01 currently trading at $1.15. This coin has a lot of potential as it allows people to rent out their processing power while there computer is Idle. Why not have your computer make money for you when your at work?

Polybius - This was the first ICO I got in on. The idea behind it is a crypto currency bank and if you own a coin you get paid dividends like a shareholder. This is going to be a long term hold, as the bank gets setup it could be one of the first that truly embraces cryptocurrencies and fiat currencies. I have what I refer to as a curiosity stake in this.

Giga Watt - Scalable mining company, your token counts as 1 watt of power that you can use with their mining equipment or rent out you token. I use this to get a steady return of bitcoin as mining is largely necessary. This could dip as more chains switch to Proof of Stake over Proof of work.

Digibyte - One the most interesting holdings I have. Currently trading at .07 and is worth getting in on in my opinion. This blockchain is one of the fastest in transaction speed that exists. I could see this blockchain being used in micro transactions be that games, credit cards or something like penny stocks. Think a low end ripple but actually decentralized. Lots of upside on this coin.

Refereum - This is the latest ICO I have put money into. The idea behind this coin is to remove the middle man between video games and developers. The video game market last year spent close to $120 Billion and around 30% of that was on marketing. This mini market will allow developers to release their games at much lower fee structure, pay people who play or watch their games and receive better feedback in the process. The devolpers already have a close relationship with Twitch and a working market for games. Esports is the future, I see a high upside on this coin.

Coins I'm looking to get into

Monero - Privacy is key, with multi-signature coming expect this coin to blow up.
Ark - They want to help blockchains talk to each other, which is key with the developing market.
Siacoin - Allows one to rent out storage space on hard drives. Great dev team, lots of use.