In TRX at .034 and XRP at $1.05. XLM is still an excellent buy. I think XRP still has lots more room to grow. Market Cap also seems a good comparative metric but a terrible capping metric as crypto is currency, not stock. US treasury prints 39.1 billion money in a month, which is greater than XRP in float. 1.55 trillion in circulation for US currency which would suggest that based on o/s float 1 XRP would equate to 39 US dollars in terms of market cap equivalency
That's the question. I can't use Poloniex (WA resident) or else I would try to play with the arbitrage. Ah thanks, that explains it. If Poloniex is online there is still a 40% difference, seems like as long as the exchange is up you could still buy in low assuming it eventually levels out near where HitBTC is. I wanted to buy ARDR on HitBTC but obviously can't after seeing that. edit: wait that means Bittrex API or something is broken since it shows 28M volume over the past 24 hours.
So I sent the money to Kucoin instead to spread among other shitcoins, and when doing so found out that Kucoin has spank chain too! I'm saved. I'm avoiding EtherDelta due to the large amount of shit that goes on there. Oh wait, totally saw wrong. Not on Kucoin, but cryptopia is back up.
Instead of spreading to other shitcoins I wish I'd have gone all-in on the good ones I locked into first XLM, XRP, SNT, ADA, XEM
Biggest growth is possible in small cap shitcoins, so why not make 10% of your portfolio fliers. It's more fun anyway and I've made some of my best gains in shitcoins. And ADA is probably the biggest shitcoin ever.
Mainly, they use a lot of the standard buzzwords that make crypto people tingle in their nethers: professional team from MIT, privacy/security, data-driven, etc. Here is the site with a link to the whitepaper: https://www.enigma.co/#protocol Enigma is a platform like Ethereum that can be used to build dApps. First one is Catalyst, it's sort of similar to the idea of the CND (Cindicator) token I shared the other day. It's a market analysis app that can help you build investment strategies and trade right from the app. A lot of the smart money guys I follow on twitter have been pumping it for awhile. It's gone from $0.80 on 12/23 to almost $7 and it still is at about a $500mil market cap so a lot of room to grow. Not even a top 50 coin yet.
Maybe briefly but it’s had a pretty meteoric rise in the last few days and is still at half a billion
Let's use our crypto gains to buy the TMB island and start an exchange where we buy crypto for gold. Customers can then bring their gold back to the U.S. without declaring it as long as it's less than $10k worth.
So now do I not it load every alt coin onto my delta app, I also have started joining Telegram communities of alt coins.
Probably a dumb question here, but signing up for Poloniex and in the Verification process they are asking for SSN number. I was never asked about my SSN in Coinbase, just wondering why Poloniex would need it at this point (this point being before coins are really regulated). Does Binance ask for your SSN? The way some of these site are targeted by hackers and losing info, I am not sure I want to give my SSN, or am I being dumb?
Right. Just give it to them imo. I've lost track of how many different companies have my SS# or some form of ID. Hell I never even gave Equifax my information, and they managed to get hacked last year. People give the exact same info to their online investment service companies. I'd assume those are at risk of being hacked too. I wouldn't let disclosing a SS# stop you from signing up for an exchange.
Yea this was a concern for me, but I bit the bullet and went ahead and did the process in order to buy some coins and it went pretty well.
ENG got me doing some research this morning. Really like what I see there for potential. Also bought some QSP and some AMB for the same reasons (lower cap, solid team, good idea). Hodl till I die.
Im very guilty of this as well, but the referral code whoring is so funny considering its worth like $10 at most in the long run. I have like 4 people from work under me on binance day trading like a mother fucker and I got like .34 out of it in the month of December. something about free money, no matter how small it is gets us acting thirsty af
What are your thoughts on ADA? Was going to buy some a few days ago but with New Years got caught up and never bought. Now it is exploding, wait it out or get in and hold for a while as it probably goes even higher long term?
so how are y'all handling 2017 taxes? I'm getting emails from coinbase and such talking about counting capital gains even in BTC? I have put my money into coinbase/binance, and yet to cash anything back to $USD. I'm so used to the stock market frame of mind that I'm stuck in the line of thinking that I haven't realized any gains since I'm not in USD. Looks like Coinbase has some initial trial docs to show your gains/losses, hadn't seen anything on binance. Any advice? How are y'all going to handle it with your tax advisors.
I'm paying it. Call me a pussy but I'd rather pay the taxes versus throw up a bunch of red flags and make them want to audit me and all my write offs
Yeah I looked and I have netted about 1 USD from my roommate. The top referral person on Binance has gotten like 64 BTC!
Anyone see this guys mining setup in Houston? This had to cost a fortune. Apparently he has been working on this for months.
Best part of coming back to work today is getting to sit here and catch up on about 10 pages of this thread.
I talked to some guy at a party who had managed to convince his employer to let him “research blockchain technology” which basically meant the company is fully funding his mining operation. Guy is churning about half a Litecoin a day. Not a bad way to supplement your income.
so can someone explain mining to me like im 5. I know your graphics card is important. but what else do you need to do to set up. Ex. can I mine shitcoins with my laptop that has a top of the line graphics card from 5 years ago without wiping the entire thing
I used to trade bitcoin way back in the day in college. Wish I would’ve learned how to mine then because my landlord covered electricity
https://www.investopedia.com/tech/how-does-bitcoin-mining-work/ I have NiceHash running on my PC right now. SUPPOSEDLY my gfx card will earn $160-220 a month
A laptop normally won't have a high end graphics card. Most coin mining is very memory intensive, so the faster the memory can operate, the better you can mine. Its all about power versus computing power. CPU power does very little these days. Thats why you see these huge racks of graphics cards. The other issue you have to worry about is the cards generate a lot of heat if you have a ton of them, and the concern is how do you dissipate the heat in the summer. You can definitely mine the coins with the laptop, but the question is what hash rate will you get and is it worth spending the money on the power to do it.
fucckkkkk, was literally going to buy some snovio today after work but it just shot up today 232%. Definitely a pump but I have no idea where its going to level off at.
One of the big accounts that pumps coins called it their 50x coin of 2018 and it just hit a new exchange or will soon Either way it’s still an insanely small cap and isn’t on a lot of exchanges