Here we go with the nightly Asia selloff. It's like clockwork. Ripple and EOS both taking a huge dump.
crypto currency discussion
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Mac4LyfeSBR Aristocracy
- 01-04-09
- 48366
#4901Comment -
TPowellSBR Posting Legend
- 02-21-08
- 18842
#4902Mac, let me know ASAP. My only worry with it is I feel like I'd be more likely to physically lose it than get hacked.Comment -
TPowellSBR Posting Legend
- 02-21-08
- 18842
#4903In other news, Simple Token up 21% the past 24 hours (7% in the last hour)Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#4904To piggy back onto earlier question, say you’re not worried about paying taxes-what is the best route to get a large sum of money to yourself from Coin (when that time comes)
Coinbase has like a 15-20k a limit per week, with a backlog of people on reddit getting slow paid for larger amounts. (My gut tells me they have liquidity issues-so poorly run)
What would be the best way to covert to a larger amount say 400k+ in cash? That is where I think people are going to run into trouble unless there is some super easy way that I’m clearly missing.Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#4906Cryptopia is good. coinexchange.io has been good in limited experience. Poloniex is also good and has high volume.Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48366
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Mac4LyfeSBR Aristocracy
- 01-04-09
- 48366
#4908
If you are making investment decisions based on comments on Reddit, you need to bury your money under your bed.Comment -
ans61201SBR MVP
- 10-11-15
- 3661
#4909Man Justin is just butchering trx every time he opens his mouth lol. All of these guys need to hire PR firms. They're so bad at this stuff it almost feels planned.Comment -
TPowellSBR Posting Legend
- 02-21-08
- 18842
#4910I feel like some of the forums I frequent have more Asians because the English is so broken. Mac, you use Twitter at all to follow others?Comment -
stickbitSBR Sharp
- 03-09-08
- 265
#4911Reddit? Haha, 95% of ADA and TRON investors are Asian and they don't give a shit about Reddit. Have you read the whitepapers? Tron's sound a bit strange to Westerners but Asian people fully understand. Anytime a coin starts moving up the charts, you get people that are bitter they didn't get in early to disparage the coin. On the way up it's fantastic, it's heading to the moon but once they feel they missed out, it's now all of a sudden a shit coin. I heard the same shit about Ripple. ADA and Tron are solid. They are both going to have a great year.
If you are making investment decisions based on comments on Reddit, you need to bury your money under your bed.Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48366
#4912Here's a good writeup on what Tron is doing. This oBike is really taking off. I have friends in Singapore that have seen the bikes. They have already expanded in Australia and the UK. I have another friend in China and they play some mobile game over there where they can trade money. It sounds stupid as shit but people are eating that shit up. Somehow they are trading TRX power or something. I don't try to be smart, I try to see if anyone is using it. When I see people start using shit, I start buying...
"Tron Foundation want to be a platform for multiple use cases across a wide variety of industries, and have them all connected within a decentralized shared economy. They want to build Web 4.0 and take on Google, Apple and Facebook as a content distribution platform. Giving the power back to the people to decide their own pricing, distribution, and economic models and control every aspect of their own creations and content. Instead of giving Google or Apple 40% you'd just pay the content creator directly for things, in one payment, or broken into micropayments or a mix of both, totally up the publisher. There are so so so many possibilities here.. This is starting to be represented in their partnerships.. Weibo (10 million users) a Chinese social media app, Gifto (20 million users) a decentralized gifting platform, oBike (10 million users) a bike sharing platform (more partnerships coming according to the CEO).. Using TRX as a transferable currency between ALL partners and apps built and connected to TRON will be huge. It's also going to be added to multiple new exchanges within the coming weeks and months including (almost 100% sure) Bittrex and Bitfinex.
TRX is designed to be an inter-game currency for all games built on their platform. Meaning instead of holding CNY, USD, CAD, AUD (as well as all other crypto currencies) etc and having wallet dust in various games, you will be able to use your TRX in one wallet and seamlessly transfer it between games. One account, one currency.
It's going to be absolutely massive given the popularity of mobile gaming and micro payments. Content creators will be able to publish their own games, set their own method of distribution, and their own prices. They will earn TRX based on whatever parameters and rules they set from people buying and playing their games. It will be a huge component in the self sustaining multi use case decentralized economy they are seeking to build.
Keep in mind the creator of Clash of Kings is one of the investors in Tron. Partnerships with mobile gaming companies are something i fully expect for Tron in the future. This will add millions of daily users, and open up those games to all holders and users of TRX.
The oBike partnership is another aspect of this shared economy. Users will be able to pay for rides with ocoin and earn it as they ride, this can be used on the Tron platform within the decentralized economy. Pretty sure they can either spend their ocoins on everything or they can easily transfer it to TRX to spend elsewhere across the platform. Same goes the other way, someone could theoretically take money from their gaming account and transfer it to ocoin to ride a bike, earn ocoins from riding that bike, and then transfer back into a game and spend them there on an item.
'In 2016, the global video game market was to $ 9.66 billion, of which the scale of the phone game market was $ 4.61 billion, accounting for 42%. TRON provides the possibility for establishing an on-line game platform. Developers can freely set up game platforms through TRON, achieve crowd funding for game development, and common investors can contribute to game content creation'. - From the Tron whitepaper The first game to be released will be TRX dogs, but over time as the platform evolves developers will launch more sophisticated titles that appeal to a broad range of people.
The data storage and distribution aspect will be fantastic for sharing video, photos and articles free from censorship due to the distributed nature of the ledger.
Tron will build a massive user base across a wide variety of uses cases and industries, have them all interconnected, and build a self sustaining decentralized economy that ANYONE can participate in across the globe.Comment -
TPowellSBR Posting Legend
- 02-21-08
- 18842
#4913Everything in my portfolio dipping in this last hour. Oh well, glad to already be in the positive ledger with ICX and OST (big time)Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48366
#4914
Yeah, I follow a lot of coins on twitter, just to see if there's any upcoming announcements. I take all posters with a grain of salt because you have many of them that try to pump and dump so they have an agenda. They want to drive fear to move what side they're on. I think we're in the pre-stage where most coins are going to go up regardless of the technology. We're in a great time. How long will that last? I'm not sure but you could put money in the top 50 coins and you are assuredly going to make money. Right now is the "don't think about it" phase. Build up positions in coins and we're looking at a great year. 3 years from now may be harder to find these returns. Who knows. All I know is that these coins are like internet IPO's decades ago. VC's are throwing money at all of them trying to catch lightning in a bottle. Enjoy the ride.Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48366
#4916It's like clockwork. Coins go down around 8pm when Asia wakes up and hits bottom around 6:30am or 9:30am and climbs back up during the day until 8pm again. I'm talking the last few months has been the same. Asians selling their holdings while the West are building up theirs.Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48366
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pilebuck13SBR Posting Legend
- 05-15-15
- 17916
#4918If binance is not excepting new money that can’t be a good thing until they re open registration.Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48366
#4919Especially for a coin like Tron where Binance is responsible for almost 90% of it's transactions... or Verge where +90% is on Binance and Bittrex, both not taking in new money. I heard Binance received 250K account requests the other day. What do you think happens to these coins once they turn back on?Comment -
ArkySBR MVP
- 12-09-11
- 1094
#4920Yep... The prices keep going up on Amazon. A friend of mine uses both. He moves his alt coins to BTC or ETH in the Trezor or the Nano S, where he stores it offline. When he wants to buy alt coins, he sends the BTC/ETH to whatever exchange than buys the alt coin with it. He really doesn't keep altcoins on them, he mainly keeps BTC and ETH on them.
Note: Not recommended is to pay for it from an exchange... I guess, use personal wallet or any "fee-free" wallet...Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#4921I would keep it all in crypto if it were up to me. I have a few partners who all want it transferred into USD every week.Comment -
eidolonSBR Hall of Famer
- 01-02-08
- 9531
#4922Reddit? Haha, 95% of ADA and TRON investors are Asian and they don't give a shit about Reddit. Have you read the whitepapers? Tron's sound a bit strange to Westerners but Asian people fully understand. Anytime a coin starts moving up the charts, you get people that are bitter they didn't get in early to disparage the coin. On the way up it's fantastic, it's heading to the moon but once they feel they missed out, it's now all of a sudden a shit coin. I heard the same shit about Ripple. ADA and Tron are solid. They are both going to have a great year.
If you are making investment decisions based on comments on Reddit, you need to bury your money under your bed.
But it doesn't really matter, because right now the cryptocurrency world is about trading shiny objects.
And I say go get your money everyone, the field is overflowing with oil.Comment -
firekillexSBR Hall of Famer
- 09-18-13
- 6420
#4923
but long term i dont think itll be great, but well seeComment -
ans61201SBR MVP
- 10-11-15
- 3661
#4924I mean let’s be real a lot of them are gimmicks we get dickhead coin and butthole platinum pushed on this forum everyday because they’re up 200% lol people see a cheap price and a wave going up and want to ride. They’re making coins for dentists lol. It’s all speculative 98% of people buying aren’t using any of the intended functions. And like posted above in the short term I don’t think it matters much they’ll all go up. What a time to be alive.
We all post advice and tips to each other but we could wake up each week throw darts at a board full of coins and end up in the greenComment -
ans61201SBR MVP
- 10-11-15
- 3661
#4925I think expectations for 2018 for Bitcoin should be lowered. I don't think anyone with projections was predicting this kind of rise in Alt coins. All of the new money is going for the cheaper price tag and bigger roi. There will be some whales that still buy btc and people will flip their profits to btc but my gut tells me the 60k+ predictions aren't in the cardsComment -
ThaWojSBR Hall of Famer
- 03-09-10
- 6748
#4926Binance is accepting new regs again but according to fbook the site is freezing up and not working properly.
Woke up this morning to just about everything I own being down accept for stratis and eth.
Isnt today the day that supposedly dash, stratis and ripple were going to be announced on coinbase?Comment -
pilebuck13SBR Posting Legend
- 05-15-15
- 17916
#4927Everything in free fallComment -
juvunitsSBR Sharp
- 10-17-16
- 367
#4928Woke up down 25%. Oh myComment -
swordsandtequilaSBR Hall of Famer
- 02-23-12
- 9758
#4929Relax...
Comment -
pilebuck13SBR Posting Legend
- 05-15-15
- 17916
#4932Everything across the board down take a deep breath and hang on...I’m still well over buy ins so me not trippingComment -
CrusherrrSBR MVP
- 06-27-16
- 3646
#4933Dumped XRP at 2.20 and got back in at 1.88 three minutes after. Five minutes after that its now back to 2.35 Crazy stuff happening boysComment -
CrusherrrSBR MVP
- 06-27-16
- 3646
#4934Manipulation is unreal in cryptoComment -
DOM_TorettoRestricted User
- 01-28-13
- 9035
#4935Binance is accepting new regs again but according to fbook the site is freezing up and not working properly.
Woke up this morning to just about everything I own being down accept for stratis and eth.
Isnt today the day that supposedly dash, stratis and ripple were going to be announced on coinbase?Comment
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