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

 
Anonymous Coward
User ID: 74977652
New Zealand
05/27/2017 10:24 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
if any one missed out on the ripple WAVE this new company is very promissing in the first few days they have sold around 75% of the coins take a look

!!!!

[link to mona.co (secure)]


im making huge with this
 Quoting: Anonymous Coward 74583460


Every contributor will receive a unique referral link and 5% referral fee for all contributions that we can track & match with this link

lolsign
Citizen1111

User ID: 67719506
Canada
05/27/2017 10:34 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
You can pre buy mona.co looks very promissing 1 eth for 140 mco
They already sold 80% of all tokens

I invested 10k usd and expect to make about 10 times my money on the lauch day 😵
 Quoting: Anonymous Coward 70581832


I'll match you...talk to me
Grow Your Own
SierraNevadaHerbage

User ID: 1577556
Puerto Rico
05/27/2017 10:39 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Hey everyone at GLP, Holy shit this has been a long time coming. Ive been lurking in the shadows for 12 years.

This thread is what motivated me to start an accnt and get involved.

Coincidentally enough I am in the same boat as OP. Watched it for years, knew people that made it out and some that didnt.
As one poster has said the dumb ones will lose out.

So for as much homework as I have done and am still doing, I decided a community chat with like minded people that understand the potential before us would be a little more beneficial than not.

You (OP) and I actually have just jumped on board, As I have actually over the past month have put a total of $10k into the crypto market.

I have also dedicated another 3k to building a mining PC to join a mining pool of some sort. <---- This is still a work in progress, Ill be happy to share my build with anyone thats interested.

Anyways I look forward to all the information hopefully shared on this thread. I will bring what I can to bring information, outlook and of course my opinion.

Most of my investment has been in BTC, I bought all of my BTC between 1300-1700 dollars a coin.

At the moment I dont feel comfortable being a day trader although I see the potential , I just dont have enough of a portfolio built that I can play just yet.

I have traded some BTC for long term(most of my money sits in BTC)
from large amount to smallest of alt coins:
LTC / ETH / XRP / GOLEM / ARDOR & NXT

with a short term on ETC for hopefully some short term payout when i bought at 5 dollars coin.

Alright im outta here, gotta go water my plants over at my brothers place.

Any input or constructive criticism would be greatly appreciated.

Hopefully im not bringing the tomato plants in on this venture..

Take it easy everyone, I will be checking back in periodically.

I am with op on his statement:
It will be a win, or an epic and public failure
Slow is Smooth,
Smooth is Fast.

"Why am I sticky and naked? Did I miss something fun?" Phillip J. Fry
Anonymous Coward
User ID: 72857927
United States
05/27/2017 10:51 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
if any one missed out on the ripple WAVE this new company is very promissing in the first few days they have sold around 75% of the coins take a look

!!!!

[link to mona.co (secure)]


im making huge with this
 Quoting: Anonymous Coward 74583460


Every contributor will receive a unique referral link and 5% referral fee for all contributions that we can track & match with this link

lolsign
 Quoting: Anonymous Coward 74977652


and US citizens can't participate.
Xenophobe

User ID: 53630625
United States
05/27/2017 10:57 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Hey everyone at GLP, Holy shit this has been a long time coming. Ive been lurking in the shadows for 12 years.

This thread is what motivated me to start an accnt and get involved.

Coincidentally enough I am in the same boat as OP. Watched it for years, knew people that made it out and some that didnt.
As one poster has said the dumb ones will lose out.

So for as much homework as I have done and am still doing, I decided a community chat with like minded people that understand the potential before us would be a little more beneficial than not.

You (OP) and I actually have just jumped on board, As I have actually over the past month have put a total of $10k into the crypto market.

I have also dedicated another 3k to building a mining PC to join a mining pool of some sort. <---- This is still a work in progress, Ill be happy to share my build with anyone thats interested.

Anyways I look forward to all the information hopefully shared on this thread. I will bring what I can to bring information, outlook and of course my opinion.

Most of my investment has been in BTC, I bought all of my BTC between 1300-1700 dollars a coin.

At the moment I dont feel comfortable being a day trader although I see the potential , I just dont have enough of a portfolio built that I can play just yet.

I have traded some BTC for long term(most of my money sits in BTC)
from large amount to smallest of alt coins:
LTC / ETH / XRP / GOLEM / ARDOR & NXT

with a short term on ETC for hopefully some short term payout when i bought at 5 dollars coin.

Alright im outta here, gotta go water my plants over at my brothers place.

Any input or constructive criticism would be greatly appreciated.

Hopefully im not bringing the tomato plants in on this venture..

Take it easy everyone, I will be checking back in periodically.

I am with op on his statement:
It will be a win, or an epic and public failure
 Quoting: SierraNevadaHerbage


clappa
It's a bug hunt
Anonymous Coward
User ID: 13281938
United States
05/27/2017 11:00 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
So many crypto currency to choose from.

It crazy
 Quoting: Aha 74764145


What prevents anyone from starting their own?
Xenophobe

User ID: 53630625
United States
05/27/2017 11:00 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
if any one missed out on the ripple WAVE this new company is very promissing in the first few days they have sold around 75% of the coins take a look

!!!!

[link to mona.co (secure)]


im making huge with this
 Quoting: Anonymous Coward 74583460


Every contributor will receive a unique referral link and 5% referral fee for all contributions that we can track & match with this link

lolsign
 Quoting: Anonymous Coward 74977652


and US citizens can't participate.
 Quoting: Anonymous Coward 72857927


Legally.

ohyeah
It's a bug hunt
Citizen1111

User ID: 67719506
Canada
05/27/2017 11:05 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
if any one missed out on the ripple WAVE this new company is very promissing in the first few days they have sold around 75% of the coins take a look

!!!!

[link to mona.co (secure)]


im making huge with this
 Quoting: Anonymous Coward 74583460


Every contributor will receive a unique referral link and 5% referral fee for all contributions that we can track & match with this link

lolsign
 Quoting: Anonymous Coward 74977652


and US citizens can't participate.
 Quoting: Anonymous Coward 72857927


Legally.

ohyeah
 Quoting: Xenophobe

cruise
Grow Your Own
Anonymous Coward
User ID: 72857927
United States
05/27/2017 11:05 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
if any one missed out on the ripple WAVE this new company is very promissing in the first few days they have sold around 75% of the coins take a look

!!!!

[link to mona.co (secure)]


im making huge with this
 Quoting: Anonymous Coward 74583460


Every contributor will receive a unique referral link and 5% referral fee for all contributions that we can track & match with this link

lolsign
 Quoting: Anonymous Coward 74977652


and US citizens can't participate.
 Quoting: Anonymous Coward 72857927


Legally.

ohyeah
 Quoting: Xenophobe


how do u get around that?
Xenophobe

User ID: 53630625
United States
05/27/2017 11:10 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
So many crypto currency to choose from.

It crazy
 Quoting: Aha 74764145


What prevents anyone from starting their own?
 Quoting: Anonymous Coward 13281938


Nothing at all, that's the beauty of it.
No barrier to entry.
The crowd decides on its value.
Just like gold or silver ingots.
It's a bug hunt
Xenophobe

User ID: 53630625
United States
05/27/2017 11:12 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
...


Every contributor will receive a unique referral link and 5% referral fee for all contributions that we can track & match with this link

lolsign
 Quoting: Anonymous Coward 74977652


and US citizens can't participate.
 Quoting: Anonymous Coward 72857927


Legally.

ohyeah
 Quoting: Xenophobe


how do u get around that?
 Quoting: Anonymous Coward 72857927


I don't think GLP allows us to discuss creating a persona in another country to avoid the USA's tyrannical investment limitations.

For example, we can't discuss creating a trust in another country, and having a trustee open a bank account for that trust, which can then invest in foreign investment instruments.
It's a bug hunt
Citizen1111

User ID: 67719506
Canada
05/27/2017 11:17 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
5 days ago, I downloaded a Wallet platform and it has been "Synchronizing to the network" since...it states (with a loading bar) 1 year and 48 weeks behind. When I started, it was 3 years and 50 something weeks behind.

VERY Frustrating...I just want to buy the dam coins and start playing. How can I use REAL $ to buy the 0110010001 stuff?

I like that Monaco Card idea...I'd throw 10-20K down to play :)
Grow Your Own
Kalles Kaviar

User ID: 72386074
Denmark
05/27/2017 11:25 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Hey everyone at GLP, Holy shit this has been a long time coming. Ive been lurking in the shadows for 12 years.

This thread is what motivated me to start an accnt and get involved.

Coincidentally enough I am in the same boat as OP. Watched it for years, knew people that made it out and some that didnt.
As one poster has said the dumb ones will lose out.

So for as much homework as I have done and am still doing, I decided a community chat with like minded people that understand the potential before us would be a little more beneficial than not.

You (OP) and I actually have just jumped on board, As I have actually over the past month have put a total of $10k into the crypto market.

I have also dedicated another 3k to building a mining PC to join a mining pool of some sort. <---- This is still a work in progress, Ill be happy to share my build with anyone thats interested.

Anyways I look forward to all the information hopefully shared on this thread. I will bring what I can to bring information, outlook and of course my opinion.

Most of my investment has been in BTC, I bought all of my BTC between 1300-1700 dollars a coin.

At the moment I dont feel comfortable being a day trader although I see the potential , I just dont have enough of a portfolio built that I can play just yet.

I have traded some BTC for long term(most of my money sits in BTC)
from large amount to smallest of alt coins:
LTC / ETH / XRP / GOLEM / ARDOR & NXT

with a short term on ETC for hopefully some short term payout when i bought at 5 dollars coin.

Alright im outta here, gotta go water my plants over at my brothers place.

Any input or constructive criticism would be greatly appreciated.

Hopefully im not bringing the tomato plants in on this venture..

Take it easy everyone, I will be checking back in periodically.

I am with op on his statement:
It will be a win, or an epic and public failure
 Quoting: SierraNevadaHerbage


Check your inbox!
Newton's third law of emotion

For every male action, there is a female overreaction.
Anonymous Coward
User ID: 74583460
Canada
05/27/2017 11:30 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
5 days ago, I downloaded a Wallet platform and it has been "Synchronizing to the network" since...it states (with a loading bar) 1 year and 48 weeks behind. When I started, it was 3 years and 50 something weeks behind.

VERY Frustrating...I just want to buy the dam coins and start playing. How can I use REAL $ to buy the 0110010001 stuff?

I like that Monaco Card idea...I'd throw 10-20K down to play :)
 Quoting: Citizen1111



find a local bitcoin ATM

your wallet on your iphone (mycelium) i use/ scan on bitcoin ATM / insert money in bitcoin ATM 1k / receive coins....

sign up on gatehub or poloniex are exchangers to convert bitcoins to other crypto

buy Etherium , then download imtoken on iphone backup wallet ..... make the contribution payment on mona.co

using my link cause im cool :P

[link to mona.co (secure)]

make sure to input the wallet # the data # and the gas @ 250000

make sure to supply a valid email also !

cheers good chances if u put 10k USD you will make 100k within 1 month , the starting price per coin will be around 1$ usd and the supply is 16,000,000 my speculation once this coins is releassed on the exchangers will 500% within 1 hour :!
Anonymous Coward
User ID: 74758801
United States
05/27/2017 11:58 PM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
if any one missed out on the ripple WAVE this new company is very promissing in the first few days they have sold around 75% of the coins take a look

!!!!

[link to mona.co (secure)]


im making huge with this
 Quoting: Anonymous Coward 74583460


Every contributor will receive a unique referral link and 5% referral fee for all contributions that we can track & match with this link

lolsign
 Quoting: Anonymous Coward 74977652


and US citizens can't participate.
 Quoting: Anonymous Coward 72857927


Quit being such a crybaby.

I hear that frozen tacos are going up soon.
Citizen1111

User ID: 67719506
Canada
05/28/2017 12:16 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
5 days ago, I downloaded a Wallet platform and it has been "Synchronizing to the network" since...it states (with a loading bar) 1 year and 48 weeks behind. When I started, it was 3 years and 50 something weeks behind.

VERY Frustrating...I just want to buy the dam coins and start playing. How can I use REAL $ to buy the 0110010001 stuff?

I like that Monaco Card idea...I'd throw 10-20K down to play :)
 Quoting: Citizen1111



find a local bitcoin ATM

your wallet on your iphone (mycelium) i use/ scan on bitcoin ATM / insert money in bitcoin ATM 1k / receive coins....

sign up on gatehub or poloniex are exchangers to convert bitcoins to other crypto

buy Etherium , then download imtoken on iphone backup wallet ..... make the contribution payment on mona.co

using my link cause im cool :P

[link to mona.co (secure)]

make sure to input the wallet # the data # and the gas @ 250000

make sure to supply a valid email also !

cheers good chances if u put 10k USD you will make 100k within 1 month , the starting price per coin will be around 1$ usd and the supply is 16,000,000 my speculation once this coins is releassed on the exchangers will 500% within 1 hour :!
 Quoting: Anonymous Coward 74583460


Thanks for the info mate...I think there's a BitATB near me.

So...you actually have to buy a "BitCoin" (whatever the rate is ??? 2K now?)...then sell it to buy other coins or "transfer" to another coins? Can't I just BUY the "tokens" directly to i.e. mona.co?

I too am one of those who learned early about the "BitNation" ($20-$30 range) but didn't even dable...kicking myself in the A$$ now... :( LOL.
Grow Your Own
Anonymous Coward
User ID: 72545362
Canada
05/28/2017 02:04 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Its very easy
Waffles ™

User ID: 71445090
United States
05/28/2017 03:46 AM

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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Hey everyone at GLP, Holy shit this has been a long time coming. Ive been lurking in the shadows for 12 years.

This thread is what motivated me to start an accnt and get involved.

Coincidentally enough I am in the same boat as OP. Watched it for years, knew people that made it out and some that didnt.
As one poster has said the dumb ones will lose out.

So for as much homework as I have done and am still doing, I decided a community chat with like minded people that understand the potential before us would be a little more beneficial than not.

You (OP) and I actually have just jumped on board, As I have actually over the past month have put a total of $10k into the crypto market.

I have also dedicated another 3k to building a mining PC to join a mining pool of some sort. <---- This is still a work in progress, Ill be happy to share my build with anyone thats interested.

Anyways I look forward to all the information hopefully shared on this thread. I will bring what I can to bring information, outlook and of course my opinion.

Most of my investment has been in BTC, I bought all of my BTC between 1300-1700 dollars a coin.

At the moment I dont feel comfortable being a day trader although I see the potential , I just dont have enough of a portfolio built that I can play just yet.

I have traded some BTC for long term(most of my money sits in BTC)
from large amount to smallest of alt coins:
LTC / ETH / XRP / GOLEM / ARDOR & NXT

with a short term on ETC for hopefully some short term payout when i bought at 5 dollars coin.

Alright im outta here, gotta go water my plants over at my brothers place.

Any input or constructive criticism would be greatly appreciated.

Hopefully im not bringing the tomato plants in on this venture..

Take it easy everyone, I will be checking back in periodically.

I am with op on his statement:
It will be a win, or an epic and public failure
 Quoting: SierraNevadaHerbage


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..
-------------------------------------
Anonymous Coward
User ID: 74096450
Mexico
05/28/2017 03:57 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
5 days ago, I downloaded a Wallet platform and it has been "Synchronizing to the network" since...it states (with a loading bar) 1 year and 48 weeks behind. When I started, it was 3 years and 50 something weeks behind.

VERY Frustrating...I just want to buy the dam coins and start playing. How can I use REAL $ to buy the 0110010001 stuff?

I like that Monaco Card idea...I'd throw 10-20K down to play :)
 Quoting: Citizen1111


You do not need to download or synchronize with the network or mainnet (or blockchain) unless your intention is to "solo mine" , most people uses pools for that btw

If you are just buying-selling-transfering and doing bussiness with the coins you just need your wallet (to follow yours movements and transactions)
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 08:46 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I'm completely new to all of this. I've gone as far as opening accounts on Kraken, and Coinbase.

Coinbase is where I intend to purchase my first btc, unless someone can point me in a better direction.

So far my experience with coinbase has beendecent, but their ID verification is annoying. Had to upload pics of my id several times before they'd give me verification.

So far I've managed to link my debit card, but the fee for purchasing crypto with a debit card is 3.99%. This adds about $20 to the price of 1 whole bitcoin.

Coinbase fee for bank transfers is better at 1.49%. This is the option I'm planning to use. ID verification for bank transfers require some additional steps like giving them your bank account and routing numbers.
 Quoting: Anonymous Coward 74959096


Watch out for Coinbase. I am reading mixed reviews on it.

One major drawback which applies to all online wallets is that the wallet is in their possession, and they can freeze you out.

I will use an offline wallet, both because I want to stay in control and for security purposes.

The fees can be pretty high, indeed. Not just on your purchase, but also on your withdrawals. Can't avoid the fees completely, but there are better offers out there.
 Quoting: Psych


What do you think of bitstamp?

(I'm interested in following along on your thread...especially if you decide to go for XRP...as I'm new to cryptos, but it ... XRP ... has my attention)
 Quoting: Ravenage


Similar to Coinbase, Bitstamp has had its issues. They got hacked and there are cases where people got locked out of their funds.

But I think that is to be expected considering the nature of the business. It's an online wallet and they are in control.

I will not use an online wallet for large investments. I use a desktop wallet.
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 08:46 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Interesting, I might invest with you too,
 Quoting: Sir France's Beercan


The more the merrier. duimomhoog

Excellent OP thank you!!

Mke
 Quoting: Anonymous Coward 74913574


Welcome!

I'm in!

5a
 Quoting: Xenophobe


Awesome!

Op, the first chart you posted features the word "laggards".

Did you create that chart? If so, would you please change it to laggtards? You know...in the spirit of GLP
 Quoting: Anonymous Coward 74959096


I didn't create that one, otherwise I would have. chuckle

Last Edited by Psych on 05/28/2017 08:50 AM
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 08:53 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
In the beginning when bitcoin was not heard of I tried mining it and after running a night I got exactly 98 bitcoins.

I deleted them because nobody was using them, you could do nothing with them. It was just a nice experiment.
I can't give a rats ass, I would delete them right now because it is a farce, a scam and those with many bitcoins, good luck cashing them, the irs will find you, that is why they allow bitcoins, for the reaping when you cash out.
 Quoting: Anonymous Coward 74975901


I am glad you don't feel remorse.

Regarding the IRS. I assume profits from cryptocurrency investments have to be reported like any other investments.

Good point, though. Something I need to look into.
 Quoting: Psych


Here's a little inside baseball on bitcoins and the IRS.
Now, the IRS can pass any rule they damn well like, not having to base it on reality or logic, so this may not matter to them.

However, this is a fact:
Every bitcoin transaction, with the exception of selling bitcoins you mine yourself (which the IRS as zero ability to determine), is buying or selling of used goods.

That't right.
Bitcoin is not income.
And it's as taxable as selling used clothing, that is, not at all.

hf
 Quoting: Xenophobe


Interesting. So, since it is considered goods in the US, would that mean that it was included at the moment you purchased a bitcoin from an exchange?

I will check out how it works over here in NL, but your explanation makes sense so the same might apply over here.
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 08:56 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
Interesting, I might invest with you too,
 Quoting: Sir France's Beercan


I was thinking about it too.

But I need to be led like a 5 year old through this mind-field of acquiring the Bits.
 Quoting: Anonymous Coward 74976383


Coming up. duimomhoog
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 09:01 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I own some Game Credits (GAME) and also it's sister coin MobileGo which just had a huge ico (raised 50+ million) but isn't on exchanges yet.

They are both built for mobile gaming which isn't going anywhere anytime soon.

[link to gamecredits.com (secure)]

[link to mobilego.io (secure)]

GAME was up 10x until the recent pop on cryptos. Everything will come back. Might be a good time to get in. They have the Storefront launching end of June / early July and are starting to partner with eSports and others.
 Quoting: Anonymous Coward 73208547


^
Meant to say GAME was up 10x since March 1st.
 Quoting: Anonymous Coward 73208547


I have added it to the list for me to look into. That sounds pretty interesting.

And thanks for the description/motivation. That is very helpful.

I am glad I started this thread.
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 09:21 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.
Anonymous Coward
User ID: 72121849
United States
05/28/2017 09:27 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I personally would buy 85-90% Ethereum and 10-25% BTC...or 100%.

While BTC has gone up about 2x, 100% over the past month or 2

Ethereum has gone up 2000% in the same time.

Ethereum is still very much undervalued, and the train is just now starting it's departure from Earth -> Moon -> ???

Ethereum just now bouncing back from a good dip, it's about to go up again. Get in now if u can. Only good news and more mainstream huge adoption for Ethereum now.

BTC *might* keep going up (especially if USD/stocks crash),

Ethereum for sure it's going up now. It's in the early stages where BTC was early on

BUT

Ethereum will get bigger than BTC must likely because it's not just a storage of wealth. It's goal/design from the get go was to be foundation for web 3.0 and for mainstream adoption. It's already been picked up and it's about to blow up HUGE

IMO
Psych  (OP)

User ID: 71582760
Netherlands
05/28/2017 09:27 AM
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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.

Anonymous Coward
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05/28/2017 09:30 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I personally would buy 85-90% Ethereum and 10-25% BTC...or 100%.

While BTC has gone up about 2x, 100% over the past month or 2

Ethereum has gone up 2000% in the same time.

Ethereum is still very much undervalued, and the train is just now starting it's departure from Earth -> Moon -> ???

Ethereum just now bouncing back from a good dip, it's about to go up again. Get in now if u can. Only good news and more mainstream huge adoption for Ethereum now.

BTC *might* keep going up (especially if USD/stocks crash),

Ethereum for sure it's going up now. It's in the early stages where BTC was early on

BUT

Ethereum will get bigger than BTC must likely because it's not just a storage of wealth. It's goal/design from the get go was to be foundation for web 3.0 and for mainstream adoption. It's already been picked up and it's about to blow up HUGE

IMO
 Quoting: Anonymous Coward 72121849


I should say...I believe BTC will go up more (for now at least),

However I don't think it'll go up like Ethereum. And what's going to happen if/when Ethereum replaces BTC #1 spot?

I personally think Ethereum is a less risky , more lucrative, better buy. I traded all of my BTC for Ethereum. We'll see :)
Psych  (OP)

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05/28/2017 09:33 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
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Last Edited by Psych on 05/28/2017 12:56 PM
Anonymous Coward
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05/28/2017 09:35 AM
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Re: Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin
I personally would buy 85-90% Ethereum and 10-25% BTC...or 100%.

While BTC has gone up about 2x, 100% over the past month or 2

Ethereum has gone up 2000% in the same time.

Ethereum is still very much undervalued, and the train is just now starting it's departure from Earth -> Moon -> ???

Ethereum just now bouncing back from a good dip, it's about to go up again. Get in now if u can. Only good news and more mainstream huge adoption for Ethereum now.

BTC *might* keep going up (especially if USD/stocks crash),

Ethereum for sure it's going up now. It's in the early stages where BTC was early on

BUT

Ethereum will get bigger than BTC must likely because it's not just a storage of wealth. It's goal/design from the get go was to be foundation for web 3.0 and for mainstream adoption. It's already been picked up and it's about to blow up HUGE

IMO
 Quoting: Anonymous Coward 72121849


I should say...I believe BTC will go up more (for now at least),

However I don't think it'll go up like Ethereum. And what's going to happen if/when Ethereum replaces BTC #1 spot?

I personally think Ethereum is a less risky , more lucrative, better buy. I traded all of my BTC for Ethereum. We'll see :)
 Quoting: Anonymous Coward 72121849


I like the ethtrader read et page, lot of good info. Here's a comparison I just found on BTC Ethereum:


/r/ethtrader/comments/6dtqhi/fundamentals_eth_vs_btc/





GLP