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Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin

 
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 09:56 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Great thread. Will definitely follow. I have been stacking BTC for the last year. Recently interested in DGB and SIA coins. Tron looks interesting too as it can pay interest if you have 10k coins.

Thanks! Will add to list in the OP, for everyone to see and for me to look into.

I hope Trinity chimes in.
 Quoting: truthseeker314


DON'T BUY ANY CRYPTO IT'S ALL A PONZI SCHEME YOU WILL LOSE ALL YOUR MONEY DON'T DO IT!!!!


;)
 Quoting: Anonymous Coward 74013093


Everything is a Ponzi. The banks, insurance companies, socialism...

Play the system. chuckle

DON'T BUY ANY CRYPTO IT'S ALL A PONZI SCHEME YOU WILL LOSE ALL YOUR MONEY DON'T DO IT!!!!


;)
 Quoting: Anonymous Coward 74013093


those jumping in with little knowledge will lose.
OP looks like he has a couple more brain cells than you though as he's stated a price you could hop on the train to $4500, and quite possibly pass $10k this year. Just search exactly who's making it all legal now.
Hard fork looks likely, just keep bitcoin and your new freebee coin, then you won't lose... As seen with ETH piece of shit coin, ETH + ETC price = ETH price before fork.
Hint: Stratis will beat down Ethereum this year and I see potential to be more expensive than actual bitcoin itself with that one. Look into it for sure. Anything with new tech is worth a punt, the old coin look tired...
Coins... even BBC is calling it digital assets, old habits...
 Quoting: Anonymous Coward 74976684


Stratis, noted. Thanks! I'll look into it.

Will you be day trading or going long only?

My long coin picks:

WAVES, INPAY, Musicoin, SiaCoin, PIVX, STRATIS, NEXUS, Bitcore, Chaincoin.


If you pla to day and swing trade I will reveal my successful methods.
 Quoting: Anonymous Coward 74942502


I made a note of those.

I will do both, but my priority right now is to pick up some coins as a long term investment, cold storage.

Definitely interested in the platform you are using to trade, and your secret methods.

been following for 5 years, since it ws 52. i finally got in at 1200. i believe in the tech. while its not the ground floor right now, it is certainly not too late. long term play, load and hold.
 Quoting: Anonymous Coward 72031360


Good stuff! You must have enjoyed the last run up. chuckle

I'm going long on these alts: doge, gnt, ltc, dgb, xlm, sc, vox, rdd, btb, xvg. Some are probably total longshots, but only cost a few bucks. Plan on adding many more to my blockfolio.
 Quoting: Anonymous Coward 74013093


Added to list to look into. Thanks!

I'm going long on these alts: doge, gnt, ltc, dgb, xlm, sc, vox, rdd, btb, xvg. Some are probably total longshots, but only cost a few bucks. Plan on adding many more to my blockfolio.
 Quoting: Anonymous Coward 74013093


xrp btc ltc eth zcash rep dash
 Quoting: Anonymous Coward 72031360


And I added these too. Thanks!
< DL >

05/28/2017 10:01 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I've got some inside info I wont leak, but I recommend taking a look at WBB & Nexus.
Anonymous Coward
User ID: 7824583
Canada
05/28/2017 10:15 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
let's all become millionaires! together!
Anonymous Coward
User ID: 73806200
United States
05/28/2017 10:18 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
OP so glad you started the thread.


Seems good to have both online and hard wallets such as treznor. If I have more than one wallet can I easily move coins around my different wallets? If so, how?

IF i buy X coins in UK and then won't to sell and collect cash in the US how does that work?

I have seen people recommend decred (sp) spinoff by people involved in bitcoin. have you heard of it and thoughts?
 Quoting: Anonymous Coward 74777976


Glad you stopped by. :duimomhoog:

Provided they are all bitcoin wallets, you can send them to the public key of the other wallet. Within each wallet, you can generate a public key to receive funds.

Bitcoin doesn't know borders. You can buy and sell them anywhere, worldwide.
[link to localbitcoins.com (secure)]


Not familiar with it.
 Quoting: Psych



Thank you OP. When I send coins to my different wallets is it similar to moving cash from one wallet to another? Or do I have to pay fees to do this? thank you?
SierraNevadaHerbage

User ID: 1577556
Puerto Rico
05/28/2017 10:24 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin


wow mega shill of the year,,,,been lurking for 12 years in the shadows never posted....LOLZ!
This thread finally motivated you to create an account after 12 years,,ok im gonna fall outta my chair its so comical

and what a coincidence you just invested 10k also in Bitcoin just like OP..

Your as big a fraud as Bitcoin itself..


Right on there Waffles.
Someone seems pretty butthurt.. You got no monies? Sorry you dont have some extra cash to throw around maybe after the summer you can give me ltc wallet and ill shoot you a coin.

You can bask in your wealth of negativity.

Sorry your broke, go swipe that EBT, while I get my cyrpto on and harvest mah 25 pounds of girl scout cookies this year.
Slow is Smooth,
Smooth is Fast.

"Why am I sticky and naked? Did I miss something fun?" Phillip J. Fry
Anonymous Coward
User ID: 73806200
United States
05/28/2017 10:28 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I've got some inside info I wont leak, but I recommend taking a look at WBB & Nexus.
 Quoting: < DL >



interesting. how do you buy nexus
SierraNevadaHerbage

User ID: 1577556
Puerto Rico
05/28/2017 10:29 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I've got some inside info I wont leak, but I recommend taking a look at WBB & Nexus.
 Quoting: < DL >



interesting. how do you buy nexus
 Quoting: Anonymous Coward 73806200


you can use bittrex, or there are other market traders out there like kraken etc
Slow is Smooth,
Smooth is Fast.

"Why am I sticky and naked? Did I miss something fun?" Phillip J. Fry
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 12:12 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
OP so glad you started the thread.


Seems good to have both online and hard wallets such as treznor. If I have more than one wallet can I easily move coins around my different wallets? If so, how?

IF i buy X coins in UK and then won't to sell and collect cash in the US how does that work?

I have seen people recommend decred (sp) spinoff by people involved in bitcoin. have you heard of it and thoughts?
 Quoting: Anonymous Coward 74777976


Glad you stopped by. duimomhoog

Provided they are all bitcoin wallets, you can send them to the public key of the other wallet. Within each wallet, you can generate a public key to receive funds.

Bitcoin doesn't know borders. You can buy and sell them anywhere, worldwide.
[link to localbitcoins.com (secure)]


Not familiar with it.
 Quoting: Psych



Thank you OP. When I send coins to my different wallets is it similar to moving cash from one wallet to another? Or do I have to pay fees to do this? thank you?
 Quoting: Anonymous Coward 73806200


There is a small fee. Using Multibit, $0.02 cent per transaction.
Anonymous Coward
User ID: 72857927
United States
05/28/2017 12:25 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
How does one keep track of one's tax liability when trading cryptos? Is there an easy way to do that?
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 01:20 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
[link to m.wikihow.com]

This is great article on bitcoins (BTC) for preference.
I think it's nice to try some new monetary system.

I'm hoping to get some bitcoins for... my virtual treasure chest :) it feels like I'm going to be one of the coin miners.
 Quoting: Amy 74976789


post the exact moment when you buy/sell...I'll follow with a small amount.
 Quoting: Anonymous Coward 74967015


I will. I will provide complete transparency.
 Quoting: Psych


In addition to that, we need to see your addresses so we can check them against the blockchain/s and verify x went to y from z. IE: Your transactions need to be verified or you could just randomly pick some crypto address and say you deposited x coins in it.

So for transparency, you need to show:

A. X amount.
B. Y to address.
C. Z from address.
D. datetime

It'd be best if you did this BEFORE the transfer occurred, otherwise, again, there is no transparency.

Also, obviously, the to address (deposit) shouldn't change if you are using the same wallets - which you should be doing since you are talking about transparency.

Happy coining.
 Quoting: Anonymous Coward 62899776


I will provide proof. duimomhoog

BTW, I like your project, OP! I've seen you asking a lot of Bitcoin related questions lately. Now I know why. ;)

I will be following this thread.

I'm into day and (mostly) swing trading cryptos.
 Quoting: Anonymous Coward 74918940


chuckle

Yeah, I sifted through pretty much through all of the Bitcoin related threads.

I'm in with btc, eth & xrp.

Will follow this with others and not waste time reading or responding to poo-poo'ers. To each his own.

OP, have you considered a cost averaging method to invest. i.e., "x" amount purchased for every "x" amount up or down?

It takes discipline b/c buying sharp declines requires balls of steel, but maybe better if you stick to the long term plan.
 Quoting: Anonymous Coward 73973836


My initial investment will be long term investment, but I am getting back into day trading on Forex as well, which includes Bitcoin. I will be looking for a platform (like Metatrader) for altcoins. If you know of a good one, please let me know.

Last Edited by Psych on 05/28/2017 01:25 PM
Anonymous Coward
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United States
05/28/2017 01:48 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
FWIW, all of the traders i know just sold a large % of their portfolios to USD the past few days. They are expecting it to be bearish for a while and waiting for a signal to buy back in. Seems like they are ready to wait months for the bottom to be found.
artMan

User ID: 74980819
Sweden
05/28/2017 02:01 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
You need to be aware that there are problems on the BTC horizon.
The system only handles some 7 transactions per second, which is way to little.
The way to make it work, is to raise the transaction costs constantly to a level where people simply refrain from doing transactions.

There are improvements on the way, but according to the design of BTC, 95% of the network needs to agree on an improvement for it to take hold.
This has proven to be impossible on BTC and there is a stalemate since 2 years.

Without this improvement, the fees are exploding with 1200% per year.
We can possibly see $10 transaction-fees within a year.

Last news couple of days ago, is that they will try to do a coup and change BTC even without the 95% support.
This will require a hard fork, and we could possibly end up with two parallel bitcoin networks.

BTC might overcome these problems, but there are other coins that already are way passed these issues.
Also, BTC uses electricity for several millions of dollars each day, just to crunch numbers, which is not really necessary.
There are other chains that do not require this enormous amount of electricity.

Because of this, BTC has gone from being 85% of the cryptocurrency space to 50% in a couple of months.
 Quoting: artMan


That is very interesting. I will definitely investigate that further. Thanks for the tip.

Yesterday I bumped into this video on some of what you touched upon.


 Quoting: Psych


I guess this chart will make it even more clear.
This is the historical transaction fee chart.

[link to bitinfocharts.com (secure)]
delcerro

User ID: 74818050
United States
05/28/2017 02:07 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I will be following with interest OP!!
"Not everyone who walks in the guise of a man is human.” — Aristotle

“To educate a person in the mind but not in morals is to educate a menace to society.” Teddy Roosevelt

"The only certain barrier to truth is the belief that you already have it" Voltaire
Anonymous Coward
User ID: 72857927
United States
05/28/2017 03:21 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
You need to be aware that there are problems on the BTC horizon.
The system only handles some 7 transactions per second, which is way to little.
The way to make it work, is to raise the transaction costs constantly to a level where people simply refrain from doing transactions.

There are improvements on the way, but according to the design of BTC, 95% of the network needs to agree on an improvement for it to take hold.
This has proven to be impossible on BTC and there is a stalemate since 2 years.

Without this improvement, the fees are exploding with 1200% per year.
We can possibly see $10 transaction-fees within a year.

Last news couple of days ago, is that they will try to do a coup and change BTC even without the 95% support.
This will require a hard fork, and we could possibly end up with two parallel bitcoin networks.

BTC might overcome these problems, but there are other coins that already are way passed these issues.
Also, BTC uses electricity for several millions of dollars each day, just to crunch numbers, which is not really necessary.
There are other chains that do not require this enormous amount of electricity.

Because of this, BTC has gone from being 85% of the cryptocurrency space to 50% in a couple of months.
 Quoting: artMan


That is very interesting. I will definitely investigate that further. Thanks for the tip.

Yesterday I bumped into this video on some of what you touched upon.


 Quoting: Psych


I guess this chart will make it even more clear.
This is the historical transaction fee chart.

[link to bitinfocharts.com (secure)]
 Quoting: artMan


The guy in the video recommends PIVX towards the end of the video. He says its a forked version of DASH and very inexpensive relatively.
~OM~

User ID: 74761563
Dominican Republic
05/28/2017 03:50 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Bought U all 1-TeraHash of mining power, us$120 worth.
I'll keep the earnings thou. Buy tomatoes.
Let's watch it ROI.

oneTHs170527
om tat sat om
Anonymous Coward
User ID: 74036517
Canada
05/28/2017 04:13 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
My advice is not to buy high, isn't that obvious
~OM~

User ID: 74761563
Dominican Republic
05/28/2017 04:21 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
My advice is not to buy high, isn't that obvious
 Quoting: Anonymous Coward 74036517


Mary J Operator, obvious is obvious:


chuckle

Last Edited by ~OM~ on 05/28/2017 04:22 PM
om tat sat om
Anonymous Coward
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05/29/2017 02:06 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
BUMP


I predict the dip will go to the $1600 range.
Anonymous Coward
User ID: 74959096
United States
05/29/2017 02:51 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Current price 5/29/17

1 BTC = $2314.63 USD
Anonymous Coward
User ID: 74776159
United States
05/29/2017 03:03 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
BUMP


I predict the dip will go to the $1600 range.
 Quoting: Anonymous Coward 74959096


yeahsure The dip was done as it hovered around $2000. It has since been trending upward. You missed the boat.
Sir France's Beercan

User ID: 74967384
United Kingdom
05/29/2017 04:56 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
BUMP


I predict the dip will go to the $1600 range.
 Quoting: Anonymous Coward 74959096


yeahsure The dip was done as it hovered around $2000. It has since been trending upward. You missed the boat.
 Quoting: Anonymous Coward 74776159


Maybe, but i reckon another dip is possible
Anonymous Coward
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United States
05/29/2017 05:30 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
If anyone is thinking of opening a coinbase account, use the referral link below and you'll get $10 of free bitcoin for opening and using your account. The best part is that I'll get $10 of bitcoin, too for referring you.

All aboard, GLPtards, we ride!




[link to www.coinbase.com (secure)]
Anonymous Coward
User ID: 74822506
United States
05/29/2017 05:53 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
If anyone is thinking of opening a coinbase account, use the referral link below and you'll get $10 of free bitcoin for opening and using your account. The best part is that I'll get $10 of bitcoin, too for referring you.

All aboard, GLPtards, we ride!




[link to www.coinbase.com (secure)]
 Quoting: Anonymous Coward 74959096


One problem after another with them just getting signed up. 8 days into signing up and today it wouldn't accept my id. Tried enough times to get 24 hour time-out. Nothing tricky about what I was doing: Hold the id up to the camera, turn the id over do it again. Over and over again their software couldn't read the image. Held it real stiill. Set up a box to serve as a stable platform. No luck. What a load.
Sir France's Beercan

User ID: 74967384
United Kingdom
05/29/2017 05:58 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I've got €2000 ready now, all cleared. I don't know what to put into what. Bitcoin, eth or ripple. I reckon half in bitcoin and 500 in each of the others
Anonymous Coward
User ID: 74822506
United States
05/29/2017 06:05 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I've got €2000 ready now, all cleared. I don't know what to put into what. Bitcoin, eth or ripple. I reckon half in bitcoin and 500 in each of the others
 Quoting: Sir France's Beercan


some good beginner stuff here.
paraphrasing: "divide initial investment into ten equal parts and play 10 coins"
Sir France's Beercan

User ID: 74967384
United Kingdom
05/29/2017 06:10 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I've got €2000 ready now, all cleared. I don't know what to put into what. Bitcoin, eth or ripple. I reckon half in bitcoin and 500 in each of the others
 Quoting: Sir France's Beercan


some good beginner stuff here.
paraphrasing: "divide initial investment into ten equal parts and play 10 coins"
 Quoting: Anonymous Coward 74822506


Yep but I'm finding it hard to find a platform to buy the more obscure stuff. Eth, Btc, ripple, Ltc no problem but it's tough to buy the other stuff
Sir France's Beercan

User ID: 74967384
United Kingdom
05/29/2017 06:10 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I've got more o invest on gamble coins
Anonymous Coward
User ID: 74959096
United States
05/29/2017 07:54 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
If anyone is thinking of opening a coinbase account, use the referral link below and you'll get $10 of free bitcoin for opening and using your account. The best part is that I'll get $10 of bitcoin, too for referring you.

All aboard, GLPtards, we ride!




[link to www.coinbase.com (secure)]
 Quoting: Anonymous Coward 74959096


One problem after another with them just getting signed up. 8 days into signing up and today it wouldn't accept my id. Tried enough times to get 24 hour time-out. Nothing tricky about what I was doing: Hold the id up to the camera, turn the id over do it again. Over and over again their software couldn't read the image. Held it real stiill. Set up a box to serve as a stable platform. No luck. What a load.
 Quoting: Anonymous Coward 74822506


I had the same problem. Set your camera to the highest quality photo possible, and make sure there's no glare. Also, don't use a white background.
Anonymous Coward
User ID: 73973836
United States
05/29/2017 08:28 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I've got €2000 ready now, all cleared. I don't know what to put into what. Bitcoin, eth or ripple. I reckon half in bitcoin and 500 in each of the others
 Quoting: Sir France's Beercan


some good beginner stuff here.
paraphrasing: "divide initial investment into ten equal parts and play 10 coins"
 Quoting: Anonymous Coward 74822506


Yep but I'm finding it hard to find a platform to buy the more obscure stuff. Eth, Btc, ripple, Ltc no problem but it's tough to buy the other stuff
 Quoting: Sir France's Beercan


Get an account set up at an exchange.

I use Bittrex and have divested btc into UBQ, APX, XRP, NXS & STRAT.
Anonymous Coward
User ID: 7824583
Canada
05/29/2017 08:32 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
TO THE MOON WE GO!!! EVERYONE ON THE CRYPTO-ROCKET!!!





GLP