Cryptocurrencies (Bitcoin, Ethereum, Ripple, etc)

[Gardner McKay]

Any chance WTC gets listed on Bittrex or other major exchanges anytime soon? That could help it blow up exponentially.

I think phisherman posted something on that the other day but those posts weren't migrated.

 

[phisherman]

Bittrex hasn't been adding many tokens lately. However I think they will add it once WTC migrates to their own blockchain in October.

I believe they will be added to Korean exchanges in October. Keep in mind WTC is a Chinese-Korean collaboration so I think chances are really high it will be listed on Korean exchanges.

 

[Gardner McKay]

Bittrex hasn't been adding many tokens lately. However I think they will add it once WTC migrates to their own blockchain in October.

I believe they will be added to Korean exchanges in October. Keep in mind WTC is a Chinese-Korean collaboration so I think chances are really high it will be listed on Korean exchanges.

WTC starting to have a small retraction. Guessing maybe it goes down to $5.00 or so. Would be a good time to pick up some more.

Edit, or not. As I say that, it shoots back up from $5.70 to $6.05.

 

[What the Faulk]

Still sounds like a good time to buy. I liquidated my PAY for a small profit and turned it all into WTC, which, after fees, basically brings me back to my initial buy, before losing about 10% to a silly attempt at day trading around the time of the first big fall. Though, now I am glad I decided to take the loss and buy back in. Remember kids, mistakes can be fixable if the price goes high enough.

I also still want to ease some of this NAV burden (like maybe 10-20% of it) because my portfolio value swings so wildly based on what NAV does. But it's kinda low compared to what it has been recently and has shown signs of growth. I think I'm gonna wait it out for a better price.

 

[Gardner McKay]

Still sounds like a good time to buy. I liquidated my PAY for a small profit and turned it all into WTC, which, after fees, basically brings me back to my initial buy, before losing about 10% to a silly attempt at day trading around the time of the first big fall. Though, now I am glad I decided to take the loss and buy back in. Remember kids, mistakes can be fixable if the price goes high enough.

I also still want to ease some of this NAV burden (like maybe 10-20% of it) because my portfolio value swings so wildly based on what NAV does. But it's kinda low compared to what it has been recently and has shown signs of growth. I think I'm gonna wait it out for a better price.

It is. I just picked up a bit more. There is so much potential... can't ignore it.

 

[phisherman]

NEO and GAS are dipping. I'm contemplating on buying GAS since it's dipping more. GAS is way more volatile than NEO however it has a smaller supply and always goes up when NEO goes up.

 

[Gardner McKay]

NEO and GAS are dipping. I'm contemplating on buying GAS since it's dipping more. GAS is way more volatile than NEO however it has a smaller supply and always goes up when NEO goes up.

GAS is EXTREMELY volatile but if you have the stones for something that volatile it could be a really good investment.

Walton is f***ing FLYING straight up right now.

 

[phisherman]

GAS is EXTREMELY volatile but if you have the stones for something that volatile it could be a really good investment.

Walton is ****ing FLYING straight up right now.

I am so tempted to just go 100% on WTC.

 

[Intoewsables]

Didn't buy in on WTC at a dollar because I was sketched out by all the random Reddit shills. I'm getting bad at this.

 

[Gardner McKay]

I am so tempted to just go 100% on WTC.

It is retracing at the moment. Back down to $6.50. Still. This is nuts.

 

[phisherman]

Didn't buy in on WTC at a dollar because I was sketched out by all the random Reddit shills. I'm getting bad at this.

Would it make you feel better if I told you it's still early to buy?

 

[Gardner McKay]

Would it make you feel better if I told you it's still early to buy?

Didn't buy in on WTC at a dollar because I was sketched out by all the random Reddit shills. I'm getting bad at this.

Would it make you feel any better if I agreed with him?

 

[void]

I just find it a bit strange that everyone is so hyped on RFID all of a sudden. You guys realize that it's been around for a very very long time, right? And it hasn't taken off for many reasons (mainly cost). Do you guys think that adding a blockchain element to it will change everything or?

 

[Gardner McKay]

I just find it a bit strange that everyone is so hyped on RFID all of a sudden. You guys realize that it's been around for a very very long time, right? And it hasn't taken off for many reasons (mainly cost). Do you guys think that adding a blockchain element to it will change everything or?

It could. Crypto's don't necessarily rise because of feasibility. They also sometimes rise because of hype, token count, etc. I believe a few companies have already signed on to using WTC?

Whether it ends up being feasible or not, it will be a little while before I find out and as WTC gets added on other exchanges, the China ban eventually being lifted, the recipe is there for a $25+ coin.

 

[void]

It could. Crypto's don't necessarily rise because of feasibility. They also sometimes rise because of hype, token count, etc. I believe a few companies have already signed on to using WTC?

Whether it ends up being feasible or not, it will be a little while before I find out and as WTC gets added on other exchanges, the China ban eventually being lifted, the recipe is there for a $25+ coin.

Personally, I think WTC is only pumping because of hype and lots of misinformed people who don't know much about RFID are jumping on the train just because. And that's perfectly fine. People are gonna make some nice money off of it but you gotta make sure to keep an eye on it. It's a very ambitious project.

 

[What the Faulk]

It's weird how much pushback I've seen on WTC. Like people are really fighting for it to be a bad investment. Usually I only see that in ethtrader with regards to NEO.

I ended up chopping ~1/4 off my NAV and funneling it into WTC at 6.65, which looks to be near the high for this push. Oh well, it still has me up quite a bit since my initial buy, and I did want to spread some risk around. Roughly even there now, depending on the price.

 

[Gardner McKay]

How the f*** is it trading for $9.50 on Etherdelta???

 

[phisherman]

How the **** is it trading for $9.50 on Etherdelta???

Fat fingers happen all the time on Etherdelta.

Personally, I think WTC is only pumping because of hype and lots of misinformed people who don't know much about RFID are jumping on the train just because. And that's perfectly fine. People are gonna make some nice money off of it but you gotta make sure to keep an eye on it. It's a very ambitious project.

What are the costs for RFID? All I see is a growing marketcap in general and the use case is eliminating counterfeits in China and keeping an accurate inventory which is a huge problem in retail. The benefits outweigh the costs if you consider how huge of a problem counterfeit goods are in China.

Electric cars were also very expensive to make but it hasn't stopped people from buying Tesla shares.

It's weird how much pushback I've seen on WTC. Like people are really fighting for it to be a bad investment. Usually I only see that in ethtrader with regards to NEO.

I ended up chopping ~1/4 off my NAV and funneling it into WTC at 6.65, which looks to be near the high for this push. Oh well, it still has me up quite a bit since my initial buy, and I did want to spread some risk around. Roughly even there now, depending on the price.

People either fall in love with a specific project or are mad they didn't get in at the right price so they spread FUD. People also need to realize that Asia does business differently than America and Europe and that there's a communication gap due to language barriers. I saw the same thing with NEO back when it was in the Antshares days.

 

[Gardner McKay]

Fat fingers happen all the time on Etherdelta.


What are the costs for RFID? All I see is a growing marketcap in general and the use case is eliminating counterfeits in China and keeping an accurate inventory which is a huge problem in retail. The benefits outweigh the costs if you consider how huge of a problem counterfeit goods are in China.

Electric cars were also very expensive to make but it hasn't stopped people from buying Tesla shares.



People either fall in love with a specific project or are mad they didn't get in at the right price so they spread FUD. People also need to realize that Asia does business differently than America and Europe and that there's a communication gap due to language barriers. I saw the same thing with NEO back when it was in the Antshares days.

You are 100% correct. I spent some significant time in China back in 08. Counterfeit goods were rampant.

 

[Gardner McKay]

Currently dropping like a rock. Down to $5.43.

 

[What the Faulk]

Not surprising. It went on quite a run so this retrace was only a matter of time. Seems like there's a bunch of good news coming up in the next month, so I expect it to bounce around.

 

[phisherman]

To be honest I've been expecting more of a drop. It's been holding at 130000 so if that establishes support then that would be really good. I would be surprised if it mimics NEO's run from a few months back. It seems similar so far from how it rocketed from $1-$4/$5.

 

[Gardner McKay]

To be honest I've been expecting more of a drop. It's been holding at 130000 so if that establishes support then that would be really good. I would be surprised if it mimics NEO's run from a few months back. It seems similar so far from how it rocketed from $1-$4/$5.

And... 129,000.

Still. Even if it drops to $4.50 - $5. That is quite a run for 2-3 days.

 

[Intoewsables]

Would it make you feel better if I told you it's still early to buy?

Would it make you feel any better if I agreed with him?

Hah, I know. I just keep getting salty over missing the pump. First it was with ARK and planning to buy at around 70 cents, now this. Ark was a good lesson though; just buy it anyway and wait for the next pump.

 

[What the Faulk]

South Korea bans ICOs

https://www.cnbc.com/2017/09/28/south-korea-bans-all-new-cryptocurrency-sales.html

I'm struggling to think who this will affect, but it's causing another flash sale.

EDIT: Well, that didn't last long. The entire market dropped something like 15% (WTC, for example, almost went under $4 -- I *almost* liquidated my NAV, which held up pretty well, to take advantage, but didn't), but it recovered in a night when people realized it wasn't really a big deal.