Cryptocurrency

[scooterscot]

I wonder what Scooter is up to?

My bet is that he cashed out most of his BTC to FIAT and is living is large now.

My bet is also that the crypto market will not see a recovery. Maybe a dead cat bounce here and there. But not a recovery. Which is a shame, because I was starting to invest and had eyes on a decent size mining rig.

Been travelling the past few days. Don't go to Bristol. It rains rains and rains. And the roundabouts, traffic lights at every entrance / exit with road works to boot. Drive a man mad.

I've not crashed out and have no intention of doing so either. What was the first thing I said? Ignore the dollar value. If you're unable to do this you're in the wrong game. The way to make a ton of money this year is to accumulate coins. And I've been doing exactly that. When any of my alt's or ICO's I've bought into make significant gains (stellar like gains) I'll dump the profits into BTC and leave them there until the year's end.

A mining rig? Looks like Samsung is jumping on board. You'd be mad to get out of crypto at the minute, mad as a box of frogs.

Samsung enters crypto-currency chips business

One expert said Samsung's move represented a bet that Bitcoin's rise in value does not represent a bubble that is about to burst.

[scooterscot]

I gave the Lunyr tip a few months ago. 1100% from that one in BTC terms since. The XVG tip is going to take a while longer, be patient.

Got an ICO tip I'm buying into.. The reason being because I believe decentralised exchanges are going to be the headline making stories come the year's end.

This one is called NEX. https://neonexchange.org

I'm particular excited about this one for two reasons. 1) It's using the NEO blockchain as it under layer 2) NEO is already approved for use in China.

[scooterscot]

PS: If you're holding ETC... move it off the exchange into a cold wallet before March 1st, if you've not done so already.

[milanbenes]

Morning Scoots and All,

I totally agree "coins" are not going away, and this is just the beginning.

Have a read of this:

http://www.ey.com/Publication/vwLUAs...rings-icos.pdf

Prediction: It's only a matter of time before the bricks and mortar Exchanges are trading coin instruments, and coin trading and holding comes out of the shadows and into the mainstream.

Regarding valuations of coins, do your own research.

Milan.

[VirtualMonkey]

PS: If you're holding ETC... move it off the exchange into a cold wallet before March 1st, if you've not done so already.

Because of the fork?
What's the best offline wallet these days? Looks to be myetherwallet with metamask from what I can tell

[milanbenes]

this is scary

https://www.express.co.uk/finance/ci...hain-fall-rise

Milan.

[scooterscot]

Because of the fork?
What's the best offline wallet these days? Looks to be myetherwallet with metamask from what I can tell

Yes. Using the same combination.

[scooterscot]

this is scary

https://www.express.co.uk/finance/ci...hain-fall-rise

Milan.

I'd stay away from Tether full stop. They were hacked not long ago. Also, from my point of view, you're effectively moving money into FIAT - which might weaken any tax argument you had about when you transferred your crypto into real cash.

[scooterscot]

Morning Scoots and All,

I totally agree "coins" are not going away, and this is just the beginning.

The accessibility of ICO's compared to IPO's is making investment to everyone ridiculously easy. Of course there's a lot of guff out there. Amongst them, however, is the new Facebook or Google.

Anything that involves fast trading, low fees, and decentralised exchanging is a win in my book.

[Hobosapien]

...

Got an ICO tip I'm buying into.. The reason being because I believe decentralised exchanges are going to be the headline making stories come the year's end.

This one is called NEX. https://neonexchange.org

I'm particular excited about this one for two reasons. 1) It's using the NEO blockchain as it under layer 2) NEO is already approved for use in China.

If they come under US jurisdiction then their blurb about moving into decentralised banking may raise the same interest that got AriseBank's ICO shut down as 'a scam'.

The banksters don't want to lose their monopoly even if they think it's to monopoly money.