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How are the folks from earlier in the thread doing, anyone still in the crypto game? It's been a bloodbath since the nosebleed territory at the end of 2017, but those who got in early enough may still be well up.
Only occurred to me to come back to the thread as i've been wrestling my broken old laptop to get the 0.8btc off it (skint). Couldnae get electrum to run so i opted for the full blockchain. My gawd has that taken a long time to sync. Only up to about 96% and it's been a real chore.
I used a bittrex account to sell off a few bits and pieces and i suppose already made a decent profit off the initial 60 or 80 quid i spent (400 or so).
Btc is creeping up again, $5k now, so unsure whether to sell it all or keep 0.1 or so and see where it goes. I wouldn't be shocked to see it hit 50k or 50p tbh. What was the high, 18k or something?

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5 hours ago, L. Brilliant said:

Only occurred to me to come back to the thread as i've been wrestling my broken old laptop to get the 0.8btc off it (skint). Couldnae get electrum to run so i opted for the full blockchain. My gawd has that taken a long time to sync. Only up to about 96% and it's been a real chore.
I used a bittrex account to sell off a few bits and pieces and i suppose already made a decent profit off the initial 60 or 80 quid i spent (400 or so).
Btc is creeping up again, $5k now, so unsure whether to sell it all or keep 0.1 or so and see where it goes. I wouldn't be shocked to see it hit 50k or 50p tbh. What was the high, 18k or something?

High was just over $18k I think, aye.

Interesting to see that it didn't lose full value and is now creeping up again. I still can't make up my mind on it all. Given the figures involved for me I still plan on leaving it all another year or two at least and then seeing whats what.

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I think most of the smaller coins/projects will disappear but bitcoin and some others will stick around as their own asset class into the future. There seems to be a lot of discussion about regulation etc in the background which would allow the established exchanges, hedge funds etc to trade in cryptocurrencies which so far are an untapped resource for financial institutions. 

0.8 BTC is a nice find though! I sent my sister in the US a small amount in a paper wallet for Christmas, bought it when BTC was $3250 and it's now nearly $5200 so she did well not to spend it immediately. I can see it going back down before it goes up again though, who knows.

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1 hour ago, muirkirk nil said:

Any update on  Initiativeq  from last year?

Still data mining and no sign of coinage. Healthy profit though, for those in charge, I'd imagine. They're valuing their "thing" which doesn't exist at $16,992 at the moment, if that's any help.

Edited by welshbairn

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These past few months have been very exciting for me.

I've mainly invested in Ethereum (ETH), Tron (TRX) and Ripple (XRP) and all seem to be steadily growing especially Tron and Ripple. I'm not sure if I'm falling for a lot of lies although XRP have been signing a lot of major banks on the platform and I feel that the rocket could take off soon.

At the moment I own 2625 TRX and 1125 XRP with a combined value of  $135.96 although I've calculated that if either of them get to the heights of ETH right now (approx $269.17) I'll be buying that lambo.

Are there any other up and coming coins that I should be monitoring?

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5 hours ago, boulderdomb said:

These past few months have been very exciting for me.

I've mainly invested in Ethereum (ETH), Tron (TRX) and Ripple (XRP) and all seem to be steadily growing especially Tron and Ripple. I'm not sure if I'm falling for a lot of lies although XRP have been signing a lot of major banks on the platform and I feel that the rocket could take off soon.

At the moment I own 2625 TRX and 1125 XRP with a combined value of  $135.96 although I've calculated that if either of them get to the heights of ETH right now (approx $269.17) I'll be buying that lambo.

Are there any other up and coming coins that I should be monitoring?

When it comes to potential future price, the thing with coins like XRP and TRX is the max supply of around 100 billion makes it unlikely they will individually be worth $xxx, unlike BTC with its supply of just 21 million. There are actually XRP fans on Twitter who think it will go to $10k, which would give the whole project a market cap of a quadrillion dollars :lol:

More realistically I look at individual coins' high point during the 2017-18 boom. Looking at that it's not too unlikely we'll see the likes of XRP go x10 again at least, considering the projects are further on now while 2017 was a bit of a mania based on FOMO.

I like the look of PundiX (NPXS), which is a fraction of a penny at the moment but is making good progress and has around 150 staff in a few locations around the world. Another high-supply token but good potential for growth IMO. Also Safex, which is under the radar at the moment and has faced delays but has the potential to be absolutely huge. Worth doing a bit of research on that one.

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Does the ridiculous amount of electricity used to create and process these things not give folk pause for thought? Not pretending to know how it all works.

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18 hours ago, welshbairn said:

Does the ridiculous amount of electricity used to create and process these things not give folk pause for thought? Not pretending to know how it all works.

I'm sure most of the stories about how much power bitcoin consumes are hugely exaggerated, but it is a significant amount, which is also what makes the network so secure in that any malicious entity would also need a huge amount of power to disrupt it (over 50% of the total).

There also seems to be a drive toward solar bitcoin farms or other renewable sources, and the actual mining hardware is always improving in terms of hashing power vs power consumption.

Many  other cryptocurrencies are not created by mining so the networks are not power intensive. Those coins/tokens are created from thin air at the start and distributed/sold. These are the ones I find it harder to see any intrinsic value in.

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No doubt it is exaggerated, but the idea of creating an abstract currency to free us from the "system" that depends on pumping massive amounts of carbon into the atmosphere just seems insane to me. 

https://www.theguardian.com/technology/2018/jan/17/bitcoin-electricity-usage-huge-climate-cryptocurrency

Edited by welshbairn

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12 minutes ago, welshbairn said:

No doubt it is exaggerated, but the idea of creating an abstract currency to free us from the "system" that depends on pumping massive amounts of carbon into the atmosphere just seems insane to me. 

https://www.theguardian.com/technology/2018/jan/17/bitcoin-electricity-usage-huge-climate-cryptocurrency

I wonder if the creators ever foresaw it at these levels. That article doesn't touch on the security element of it which is the whole point, but plenty of people think it's worth it for the technology. 

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On 1/9/2019 at 15:56, iron mike python said:

Contrary to everyone else in the cryptosphere I am doing pretty well with my all in Chainlink (up 35%) tactic which I mentioned  in the summer. (I am really knowledgeable about that specific token I invested in it even when it was rank 120, now it is rank 38 with plenty of space to grow)

I am not too interested in the "currency" aspect of crypto, for me it is all about the concept of 'smart contracts' being the future. A concept which Chainlink should make happen.

If anyone wants to ask me more questions about Chainlink or Smart Contracts feel free. Even if you don't want to 'invest' it is a very hot topic which nobody outside the tech world really knows about.  For a taster, here is our own governments programme for learning about blockchain applications. Ctrl-F "smart contracts" and you will see they held a meeting on the subject on Nov 20 last year.

Did anyone follow up on my post suggesting Chainlink?  It has been the best performing cryptocurrency over the past year. See the attached image that my friend made. I am currently up 300%

Mainnet comes out tomorrow, so there could be a dump but this dump wont be for long as real network usage is revealed. As always ask me any questions about chainlink because i love talking about it.

If you want to buy Chainlink use Binance with my referral link https://www.binance.com/?ref=20267189

 

jays.png

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https://coinbase.com/earn/xlm/invite/27rd6y3g

Also if you use my link above, watch 10 seconds of every video then take the quiz, you get $10 worth of XLM on Coinbase. I'll post the answers below so you don't use up too much time. 

Answers:

Stellar is a decentralized coin that unites currencies

Stellar lumens -> Falilitating low cost universal payments

Why use for Reminances -> Fast, Secure, and Global

Why would banks and businesses use stellar -> To issue and exchange tokens quickly

Stellar Consensus -> It relies on the agreement of trusted nodes

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18 minutes ago, iron mike python said:

Did anyone follow up on my post suggesting Chainlink?  It has been the best performing cryptocurrency over the past year. See the attached image that my friend made. I am currently up 300%

Mainnet comes out tomorrow, so there could be a dump but this dump wont be for long as real network usage is revealed. As always ask me any questions about chainlink because i love talking about it.

If you want to buy Chainlink use Binance with my referral link https://www.binance.com/?ref=20267189

I don't have any myself but there does seem to be a bit of chatter about Chainlink lately. It takes some time to become fully clued up on any project and I've not had a chance to look into new ones too much. I'm pretty much all in on Safex and have been mining it at home after learning how to build a rig. That was a good experience anyway whatever happens with the price in future, but I have high hopes for it with lots of development since their mainnet launch last September.

I keep a little NPXS, XRP and MTC on the side too just to keep an eye on out of interest.

Tbh with 2000+ crypto projects on the go there will be a lot of winners and even more losers. Anything with a real use case and visible ongoing development should be a good bet if you pick up early.

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On 5/27/2019 at 14:11, boulderdomb said:

These past few months have been very exciting for me.

I've mainly invested in Ethereum (ETH), Tron (TRX) and Ripple (XRP) and all seem to be steadily growing especially Tron and Ripple. I'm not sure if I'm falling for a lot of lies although XRP have been signing a lot of major banks on the platform and I feel that the rocket could take off soon.

At the moment I own 2625 TRX and 1125 XRP with a combined value of  $135.96 although I've calculated that if either of them get to the heights of ETH right now (approx $269.17) I'll be buying that lambo.

Are there any other up and coming coins that I should be monitoring?

 

On 5/27/2019 at 19:55, Zetterlund said:

When it comes to potential future price, the thing with coins like XRP and TRX is the max supply of around 100 billion makes it unlikely they will individually be worth $xxx, unlike BTC with its supply of just 21 million. There are actually XRP fans on Twitter who think it will go to $10k, which would give the whole project a market cap of a quadrillion dollars :lol:

More realistically I look at individual coins' high point during the 2017-18 boom. Looking at that it's not too unlikely we'll see the likes of XRP go x10 again at least, considering the projects are further on now while 2017 was a bit of a mania based on FOMO.

I like the look of PundiX (NPXS), which is a fraction of a penny at the moment but is making good progress and has around 150 staff in a few locations around the world. Another high-supply token but good potential for growth IMO. Also Safex, which is under the radar at the moment and has faced delays but has the potential to be absolutely huge. Worth doing a bit of research on that one.

I still don't see Ripple taking off in the way many are hoping it will. Getting banks to endorse it is one thing, but getting them to shell out billions in infrastructure costs to transfer from Swift to XRP is quite another. Swift is too embedded in the financial world to be replaced, and that, ultimately, is what Ripple are trying to do.

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10 hours ago, Ross. said:

 

I still don't see Ripple taking off in the way many are hoping it will. Getting banks to endorse it is one thing, but getting them to shell out billions in infrastructure costs to transfer from Swift to XRP is quite another. Swift is too embedded in the financial world to be replaced, and that, ultimately, is what Ripple are trying to do.

I can see the tech being adopted tbh but not the ludicrous price predictions. If banks can securely send money across borders in 2 seconds instead of a few days it will become a case of not wanting to be left behind.

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I moved all of my remaining funds into DAG / Constellation Labs a few weeks ago. I'm playing with profit so if it flops it flops, but I have a really good feeling about this one.

^ Learn to look at the market cap. It's a rookie mistake to look at the value of the individual token and say "If only ___ had the same value as ETH" when it never will, as the market cap would be absurdly high.

Edited by S7C

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On 29/05/2019 at 16:53, iron mike python said:

Did anyone follow up on my post suggesting Chainlink?  It has been the best performing cryptocurrency over the past year. See the attached image that my friend made. I am currently up 300%

Mainnet comes out tomorrow, so there could be a dump but this dump wont be for long as real network usage is revealed. As always ask me any questions about chainlink because i love talking about it.

If you want to buy Chainlink use Binance with my referral link https://www.binance.com/?ref=20267189

 

jays.png

If on seeing this graph your thought is to invest in the blue ones I have a bridge to sell you

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On 10/06/2019 at 20:49, MixuFixit said:

If on seeing this graph your thought is to invest in the blue ones I have a bridge to sell you

Considering ChainLink just went up 50% in one day since your post can I buy that bridge? I probably can afford a bridge now.

The reason it has went up so much is because Google have tweeted they will integrate ChainLink into google cloud...... and from my research, they are unlikely to be the last major announcement. 

Feel free to ask me more questions about the project (I am very knowledgeable) but you can keep your badly informed opinions in future.

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