General Anyone follow cryptocurrencies (bit coin, ethereum, etc.) ?

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Enock-O-Lypse Now! said:
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Full of FUD

Its impossible to run all the current world transactions on-chain and the solution of how to run fair and safe off-chain is being developed in many ways right now.

This is just some guy pushing blocksize (ie BCH propaganda) with half truths.

Those that want increased block size fail to admit that its a temporary solution and will only remove low level miners, then have to increase again and again. Block size growing means less competition for professional miners. It's a solution FOR big miners to consolidate control of mining operations, which coincidentally endangers the network. Theoretically, future devices like your phone or tablet could participate in the network distribution by keeping overhead low, rather than scaling the block size out of reach of anything but large server (farms).

Sidechains are the solution in every major coin being developed right now. They are used to solve the liquidity problem. All coins, not just bitcoin, would have the transaction time issue with the network activity being seen.

Lightning networks are simply one part of scaling the network and unclogging the chain with things like your netflix payment. No the hub isn't a bank. The hub is you paying netflix over and over, and millions like you. None of that needs to occur on chain. It can occur in a distributed multiconnected manner with routing tables or other tech to prevent a simple hub and spoke design.
 
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delightone said:
i was hoping it would pull back a bit to that 0,35 ish range to get in, don't think it will dip that deep, but we'll see.
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I'd expect to see 25 cents again.

Crypto winter is coming gents. I promise you.

Does it seem like 10,000% increase in one month can hold? Or is that a pump and as it slows people will take their profits home?

We will go up in the long run, but I have no doubt there is some rough times ahead. And that's okay.
 
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delightone said:
Ripple rising to the number 2 coin in marketcap, wish i jumped in at the moment of that post, it hit $2.80 today and was at $0.35 at the time of my post 6x gain,
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I expect it to go insane pretty shortly.
While we were watching the UFC it got leaked out that Ripple is being tested on coinbase

It's going to shoot To The Moon as new people with the app have no idea what's going on and don't see the market cap.

They're going to see a cheap coin and buy it and buy a lot of it and get pumped and dumped.
 
delightone

delightone

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Splinty said:
I expect it to go insane pretty shortly.
While we were watching the UFC it got leaked out that Ripple is being tested on coinbase

It's going to shoot To The Moon as new people with the app have no idea what's going on and don't see the market cap.

They're going to see a cheap coin and buy it and buy a lot of it and get pumped and dumped.
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I read about the coinbase testing, i decided to leave ripple for what it is at the moment, if you end up on the wrong side of a pump and dump, (which all ready happened to me) you're fucked.
I've got 6 different coins and am good for now, two of them just came out of ICO,i'm sitting tight for a while, unless something moons i will probably take out some profit then to get in to something else.
 
delightone

delightone

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Splinty said:
I'd expect to see 25 cents again.

Crypto winter is coming gents. I promise you.

Does it seem like 10,000% increase in one month can hold? Or is that a pump and as it slows people will take their profits home?

We will go up in the long run, but I have no doubt there is some rough times ahead. And that's okay.
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I don't know man it's still very small if you look at the big picture, if bitcoin pumps again you'll see some new money across the board, if it tanks a bit, we will probably see that winter.
 
Brigsy

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delightone said:
That's gangster shit right there, i'm too much of degenerate gambler too pull out, i actually like the ups and downs.
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Time will tell whether I'm going to regret it! No one bump this if I could have been a millionaire.
 
delightone

delightone

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I have stayed in the + but i lost almost 75% of my portfolio value, i actually put some more money in while the market was down.
We're moving up slowly again, but i do think there will be another crash pretty soon.
 
Darqnezz

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Send a brother some Bitcoin. 17akx3ArBwVCnZTCvtQSxMDyDWxqJgCfj4
 
Darqnezz

Darqnezz

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Seriously though, If you are being hit with fees from Coinbase, just transfer your loot to GDAX. It's a site run by coinbase with free transfers. You're welcome.
 
RaginCajun

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More than 10 percent of $3.7 billion raised in ICOs has been stolen: E

The professional services firm analyzed more than 372 ICOs, in which new digital currencies are distributed to buyers, and found that roughly $400 million of the total $3.7 billion funds raised to date had been stolen, according to research published on Monday.

Phishing was the most widely used hacking technique for ICOs, with hackers stealing up to $1.5 million in ICO proceeds per month, according to the report.
 
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KWingJitsu said:
monitoring this shit and making moves (or not) is like a f@ackin' job
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Yep.
Takes time, is stressful for many, anxiety producing...

I didn't enjoy it and now I hold like a longterm fund. We'll see what happens :)
 
delightone

delightone

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This crash had me buying like a motherfucker, i'm feeling a bit stupid now because of spreading my cash in to many different coins.
I'm holding about 9 different coins i'm gonna bring that back to 4 if this fucking market pulls up a bit.

Still in the green luckely but the big numbers are gone for now, like is said i'm going back to 4 coins and holding them for a long term is gonna be my bet.
 
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