Discussion in 'Geek Emporium' started by beowulf, Apr 11, 2013.
Oh I know, and I'll probably join them soon enough, it's just a little much.
Good news is that when NVO is released, all coins can/will be listed there. The exchange will start with a set number of coins and a plugin can be written for every other coin out there.
I know that doesn't do us any good now.
Absolutely kicking myself. I read about Metaverse during the weekend and now it's pumping.
Watching Coss. The total amount of tokens has increased 1.5 million or so in the last 24 hours and damn on Metaverse. Up 103%.
The circulating supply for COSS on CMC is wrong. The market cap should be at $20 mil right now.
I'm going to FOMO buy into Metaverse later. It really seems like NEO/WTC again.
Another one to keep an eye on is Everex. It's basically like OMG but with a much smaller coin supply and market value. It's the same team that made Ethplorer.
Does anyone know if an ETF that focuses on crypto exists as of yet? I recently bought a bunch of stock in BTSC as a flyer...
Anyone have other plays without actually mining or buying the currency?
Hive Blockchain and Goldmoney are two stocks you can buy that make money from cryptocurrencies.
If you're in Canada you may see a Bitcoin ETF later this year.
the next question is... how much higher does crypto go? That would ultimately dictate how high these stocks will go... don't feel like buying at the top
We're early in the game.
Current market cap = $155 million
Dot com bubble = Around $7 trillion
MUCH MUCH higher. This is still in the infant stages.
For any one interested... This was an interview done a little while back with the three developers of NVO: Ton, Imed and Marto. It is sponsored by Ark. Talks about why they were planning to use SAFE (although that has since been abandoned since SAFE was pushed out another 18 months).
It also talks about the plug-ins, the payment processing side, their long term vision.
Should get some mainstream attention, hopefully more fiat starts entering the market.
A lot of alts are getting absolutely spanked. Including WTC.
ETP is riding up with Bitcoin. I sold some of my SNM and QTUM bag to buy some of the dip yesterday. Bitfinex has a real cool feature that allows you to do orders from a price spread. So for example you can set 50 orders for 400 ETP at a price from $1 to $3 on one click.
So the City of Zion developers are going to develop a NEO decentralized exchange that will be able to exchange NEP5(NEO) and ERC20 tokens. They're also going to collaborate with Loopring in this project as well.
So I think I'm going to sell my SNM and QTUM, at a loss, and buy back my NEO. I might split some of that into LRC, LINK, WTC and ETP. Need to figure out how much I want in each. I think after that I'm done moving around tokens.
Right now I am mostly in OMG, WTC and NVST. Not selling my NVST under any circumstances. Wallet will be released soon (then another ~3 months for the validator to be ready for the exchange) and unlike bitshares or Waves, they will do significant volume as there isn't a token used as an intermediary to execute orders. You can sell BTC for NEO. You can sell ETH for Litecoin. You can sell... whatever you want for whatever you want.
I'm split about 50/40/10 on the rest between WTC/OMG/COSS. Took small gains on VEN and SNM and moved them to COSS. Although I probably should go back into NEO, I still think WTC has a lot more room to grow.
Don't know that I want to really **** with anything else at this point.
I think WTC and ETP will grow more than NEO unless China specifically says NEO is the blockchain where all ICOs must be done on and all identities will fall under NEO's blockchain for KYC.
I'm thinking of dumping QTUM and SNM as even though QTUM seems to have a lot of things going for it it doesn't budge. Maybe the whole Patrick Dai scandal looms to large for it to really grow more. I think SNM has potential but it seems anything Chinese is the best investment currently.
QTUM did me a solid. Got out at $13. I like the project but I agree. Something seems to be holding it back.
Btw. I'm sure you are all sick of NVO stuff but... I know for a fact a bunch of folks who read this thread have invested in it. This isn't the first one to reach out regarding getting listed either.
just hit 5500
Dumped QTUM and SNM. Good projects but it's getting no love.
Coinbase announced immediate purchases through US bank accounts. This is HUGE!! No wonder Bitcoin is running up. Looks like Litecoin wants to join in on the party too.
I won't be surprised if Ether is next to get pumped.
That may be part of it but not the whole story. Alts are still getting slaughtered in favor of BTC. That is because of the upcoming forks.
These forks are not good for the long term health of cryptocurrency.
Interested in getting started. Any suggestions? I've been following the thread for a while but I've neglected taking the leap. My friend uses Coinsquare to trade but I was wondering what thoughts you guys had.
It depends on what country you are in.
If you are in the US, Gemini has been the easiest one to work with. Easy deposit options. Granted, they only offer Bitcoin + Ethereum trading. If you wanted to dive into other coins, I would recommend transferring from Gemini to Bittrex. Kraken is good but their platform is slow as ****.
Avoid Poloniex at all costs.
Whatever you do, sign up ASAP. It will take at least a few business days before you are actually able to deposit and trade.
Wasn't this already the case?
I think previously people had to fund their account and wait 5 business days for it to clear then be able to purchase it. Now they can just purchase immediately directly from their bank account.