Cryptocurrencies

Discussion in 'Yellow Pages' started by Cassetti's Beard, Jun 2, 2016.

  1. RookeryDad

    RookeryDad Squad Player

    This sounds like Moose or Clive in full on revolution mode.
     
    BigRossLittleRoss likes this.
  2. wfcmoog

    wfcmoog Tinpot

    Agree with this. I'm trying to learn to trade properly, but it's very difficult. I'm also stuck with a lot of coins which are at the bottom of their value, so it's hard to make any call to sell, even if I think they might go lower. It's too risky.

    Like you, however, what little I've got locked up in Crypto right now, is staying put.

    Some things I'm doing in the meantime, whilst I wait a year or so:

    1. Staking - some of my coins are POS, so they are just sitting, accumulating. Although the value of the coins is down, the numbers are up, so if we hit a bull market, I've got more skin in the game.
    2. Celcius Network - If you've not looked, they are paying 7% interest on Eth (about 5% on BTC). It's a solid model and pays a decent ROI, compared to standard investment instruments. Of course, you're staking crypto and earning in crypto, so if the crypto market continues to plummet, you're losing out.
    3. Airdrops. When I go for a poo in the mornings, I sign up to one or 2 airdrops each day. Most of these are next to worthless, eg. the ICO value of the coins was $10 but once paid out and on exchanges, they're valued at $0.04 or something. It's a scattergun approach, but hopefully one of them will strike it lucky. Overall, I'm hoping to get 1 full eth of free shitcoins. If that comes off, that will be a nice freebie.
     
    BigRossLittleRoss likes this.
  3. reids

    reids First Team

    I sold all mine at £160 each in the end. Wish I'd sold in Jan last year, but at least didn't wait until now. Ah well, ended up way up overall. Half keep an eye on stuff still (and kept a couple of eth "just in case" everything moons again) but doubt i'll be investing for a while!
     
  4. Hornet4ever

    Hornet4ever WFC Forums Last Man Standing Winner 2018/2019

    Realistically has the concept of Crypto Currency technology finally had it's day?

    Potential problem is if BTC didn't really make it in the end, what chance has any other ICO?
     
  5. reids

    reids First Team

    I don't think so, it still has plenty of real-world uses that will help shape the future of the world. But for making some quick money out of, I'm skeptical that it will hit the heights of last year.
     
  6. wfcmoog

    wfcmoog Tinpot

    As I've said throughout - as with the DotCom bubble, there will be a host of Lycos and Ask Jeeves type failures and around them, some mighty oaks of Google and Amazon proportions will emerge.

    Holochain has been on a fun ride this past couple of weeks, eh Reids? Are you still holding that?
     
  7. reids

    reids First Team

    I do still have my Holo but I don't really keep an eye on the price...oh **** almost 50% profit from when I bought. Maybe I was wrong about that quick buck!
     
  8. goldpapaya

    goldpapaya First Year Pro

    when you crypto people talk about making money/50% etc, are you only thinking of crypto money or can you sell and take the profit in old fashioned £SD
     
  9. reids

    reids First Team

    You can cash out at anytime for £ in your bank account
     
  10. RookeryDad

    RookeryDad Squad Player

    What's up with bitcoin?
     
  11. The undeniable truth

    The undeniable truth First Team Captain

    ...but you can never leave ??
     
    wimbornet likes this.
  12. wfcmoog

    wfcmoog Tinpot

    Anyone with a Coinbase account should be able to get $10 of free Stellar Lumen from their video quiz:

    https://coinbase.com/earn/xlm/invite/dy62c8zt (referral link)

    The answers to the quizzes following the videos as follows;

    1. Stellar is a decentralised coin that unites currencies
    2. Stellar lumens facilitating low cost universal payments
    3. Fast, secure and global
    4. To issue and exchange tokens quickly
    5. It relies on the agreement of trusted nodes

    $10 for about 4 min work
     
    reids and Arakel like this.
  13. reids

    reids First Team

    And it's still flying, up almost 40% in the last day alone!
     
  14. wfcmoog

    wfcmoog Tinpot

    Theres some trading guru on the HOT Facebook group who's constantly telling everyone the charts show it going down to 2 sats. He's been saying that for months though.

    Of all the projects I bought into, this is the one I feel has the potential for mass adoption. It just seems to be properly thought out and being executed by people who aren't just in it for a 2 year ICO get rich quick scheme.
     
  15. Bwood_Horn

    Bwood_Horn Squad Player

    I've just received a really odd bit of spam from a mag I'm a subscriber of or as they put it:
    The message appears to be: "...sell cryptocurrencies buy ganja..."
     
  16. wfcmoog

    wfcmoog Tinpot

    Thanks for the two of you who took me up on this. Hope you got your $10 worth of Stellar Lumen.

    I got a referral bonus for you both.

    This bullish market has to end soon though right? Right?
     
  17. Arakel

    Arakel First Team

    Thanks for the heads up, wouldn't have known about it otherwise! Ten bucks is ten bucks. Until the next bull run, when it will be more than ten bucks, or the next crash, when it will be less than ten bucks.

    I suspect we'll see the market plummet again soon, which will likely see the real capitulation before the next real bull run. Too many people are optimistic right now for me to take it seriously.

    I've been hoping Holochain would drop in value so I can scoop some up, but it's being stubborn as hell and I've seen the market cap rise from 60 to 200 million while waiting for it to drop. Ah well! Good for holders at least.
     
  18. wfcmoog

    wfcmoog Tinpot

    I sold 25% at 19 as I thought it would continue to dip and rise between 16-20 sats.

    Its cooled a bit today but I've no idea where the buy in should be for a new investor.
     
  19. wfcmoog

    wfcmoog Tinpot

  20. wfcmoog

    wfcmoog Tinpot

    There are similar campaigns for BAT, EOS and DAI available now. I just got 20 quid worth of free crypto from watching a few vids on each and answering questions. The most challenging part was Downloading a specific browser and pasting a verification code into it for $7 worth of BAT.

    You should be able to access by scrolling down the page on the original link I sent.

    Free crypto is free crypto
     
    Arakel likes this.
  21. wfcmoog

    wfcmoog Tinpot

  22. wfcwarehouse

    wfcwarehouse First Team Captain

    I’ve read a lot about Cryptocurrencies and feel like I’ve probably missed the boat to some degree.

    Additionally, I wouldn’t want to do anything that involved a high risk factor.

    I see @wfcmoog has posted a referral link above - are you able to explain in layman’s terms how it works and what level of investment would be required?

    Just asking out of curiosity at the time being. Cheers.
     
  23. wfcmoog

    wfcmoog Tinpot

    That is just a link to get some free crypto. You watch a couple of short videos, answer a quiz and receive the free crypto straight away. You could then exchange it for cash or another crypto, if wanted to.

    You do have to have a coinbase account though, or set one up, which might involve KYC stuff and make it a bit more time consuming.

    The referral link part is just a matter of convention time point out that I will get a kickback if you use my link. Its possible you can search for coinbase earn yourself and I won't get anything, but you'll still get the same $10 worth of EOS.
     
  24. Bonkingbob

    Bonkingbob First Year Pro

    Coming from a different perspective. Two hours ago my pool had about 25% of the hashrate on a new coin.

    Now the entire project is dead apparently. It was a week old and not even listed yet.

    There are so many opportunities out there to leverage this tech but we are bombarded by chancers, and a lot of people who know how to fork a coin and disregard any reason for doing it.

    I'm getting to the point where I might do one myself. Actually be honest on telegram/discord and solve an issue. I've got one in mind ;)
     
    Arakel likes this.
  25. wfcmoog

    wfcmoog Tinpot

    The fundamental issue with the space is that it's still the Wild West, where 90% of people involved are in it go get rich quick. The technology has huge application potential across multiple sectors, but most of the noise is about people looking for a way to make a quick buck. That, in itself presents opportunity, but I have to admit, I have been caught up in a few dodgy schemes and plans by following "experts." If you make basic, sensible decisions, however, there is a future in the market. Still, 99% of the coins and tokens out there right now will be gone in 5 years.
     
  26. Hornet4ever

    Hornet4ever WFC Forums Last Man Standing Winner 2018/2019

    All the markets plummeting. Including BTC.

    As quick as it's trending down, it's bound to create decent buying opportunities in the next few weeks, before the markets start to uptick again.

    What are you planning to do?
     
  27. Arakel

    Arakel First Team

    My plan is to wait for the inevitable huge drop.

    BTC hit as low as $2k a little over a year ago. ETH was down to I think $60-ish at one point.

    Planning to wait for the almighty melt down and then ride the gains back up the other way over the following couple of years. Wouldn't be surprised if we drop well below 2k if the stock markets continue to plummet. Dropping back to three digits would be delicious.
     
    wfcmoog likes this.
  28. Jumbolina

    Jumbolina First Team

    Only a matter of time until your predicted mathematical certainty of $500k...........
     
  29. wfcSinatra

    wfcSinatra Predictor Choker 14/15

    CRASHHHHHHHHH.
     
  30. Hornet4ever

    Hornet4ever WFC Forums Last Man Standing Winner 2018/2019

    BTC going nuts today.
     
  31. reids

    reids First Team

    I sold all my crypto back in January for just over £700. Now I'm gonna drip-feed £15 a week back in (split evenly between Eth + BTC) and also stick £15 a week into my S+S ISA. Should take me 20 odd weeks to spend it all and should cover me in case it crashes further or goes back up.
     
  32. Hornet4ever

    Hornet4ever WFC Forums Last Man Standing Winner 2018/2019

    Sounds like a plan.

    Could I ask which company you're trading with? I'm using these guys https://www.binance.com/en but looking to see what else is out there.
     
  33. reids

    reids First Team

    Binance is one of the best - for buying/selling for fiat though I use kraken.com
     
    Hornet4ever likes this.
  34. Hornet4ever

    Hornet4ever WFC Forums Last Man Standing Winner 2018/2019

    Netflix shares should do well from here. Who would want to go to a cinema now. Cineworld shares have tanked so badly recently they will have to put the price of the popcorn up even further. Cinema is dead now post C-19.
     
  35. Aberystwyth_Hornet

    Aberystwyth_Hornet Squad Player

    Has anyone else using Binance noticed they've upped the minimum amount for a trade from £15 to £50?
     

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