Cryptocurrency

[BeTheChange]

What do you guys think of the Bankera ICO?

 

[PrettyBoyAJ]

@BeTheChange Absolutely, I'll be able to hook you up with what my spreadsheet looks like. It will be very helpful. I like that article about the bubble. I definitely agree with you as far as the bubble is concerned. I also favorited that site to remind me about this and to be cautious.

@savi0r I haven't looked into Cryptaur. ICO isn't in 33 days so I may do some research but I don't really see an all star team at first glance.

As far as Bankera is concered I just took a glance at their website. They definitely have an all star team and I like the idea. Seems like it will compete with Ripple from the look of things. This may be big. I might try to get into the presale based on token metrics.

 

[BeTheChange]

Bankera looks interesting. Heard a few negative things about their CEO but hard to know how much of it is hearsay. They also run an exchange so have a significant amount of experience in the crypto world which is a plus. Based on their ICO price and the number of coins they are looking to issue their implied ICO market cap is around $300m. That's quite a hefty valuation for a startup but they do have first mover advantage. Expecting more than x3 on this in the medium term would be a stretch given the highest ranked asset has a market cap of just over $1bn. I see this as a long term play with some substantial risks. I've put a small amount ($1,000) into the pre ICO.

Red Pulse could be huge. @PrettyBoyAJ How are you going to invest in it now that both US and Chinese citizens are precluded? I think either way Chinese and US investors will find a way around it. Their target raise amount is $15m, which is another positive as it is not an astronomical sum. Will be watching this one closely.

Price of Neo has dropped so perfect time to get in - which will actually make the red pulse ICO a lot cheaper. If NEO drops below $25 then it's feeding frenzy time.

 

[PrettyBoyAJ]

With Red Pulse I'm going to use my cousins nigerian Passport. 15 Million is a crazy small market cap. I will definitely invest as much as they allow (up to 25k) on that.

Bankera has a 300m market cap. I don't invest in companies with that large of a marketcap. Thanks for finding that out for me.

My boy just made 125k on Tierion. Made a killing. All he did was invest 35k into it and as soon as it hit exchanges dumped it for that much. Free money! It's free money out here if you do your research. Let's get it!

 

[savi0r]

I see a lot of good opinions about RPX (Red Pulse token). ICO is on 10th September. Would you guys invest in it? I like the idea. I would really apreciate your opinions. Thanks

 

[PrettyBoyAJ]

Yes, Red pulse is on my list. It's the first ICO on NEO platform. The individual cap is 50k so no whales. Will be a great ICO.

 

[BeTheChange]

Looks like @AAAgent is finally being rewarded for his faith in Populous. They released some big news about a partnership with Luxure Global Citizen a global rewards platform. Soon as the news broke I piled in at $3.75 and it's now sitting at $4.72 and climbing fast. One of the few cryptos with real world application.

@PrettyBoyAJ Thanks for sending over the info. Haven't had a chance to look as been busy all week but will do so tonight. We have a lot to discuss bro. A bunch of my friends and family have finally started to wake up to the benefits of crypto and the money that can be made. They aren't technically savvy and as I've spent most mornings and weekends learning as much as I can about this space they see me as the go to guy. Because of this they've pushed me to start a fund to invest on their behalf. Looking like $5k minimum buy in with 20 members so could be a $100k cash to invest. Add that to my own funds and we have some serious money to play with.

 

[PrettyBoyAJ]

When Populous first came out it went all the way to $7. That's when AAAgent was telling us to buy in so much. I bought in at 5.78 and thats still my worst investment to date. I still hold because it could be a good coin long term so I'll keep it as one of my longterm holds.

You can make them some serious cash if you do your due diligence brother. With that kind of money you can get into presales which give you additional discounts to some of these ICO. If you can get into the presale to a coin that has low market cap <40m you can easily make a 3-5x instantly.

If you want we can do pools together to get into presales; or since you have so much capital you don't need a pool.

I try to tell all my friends about it but they are all talk. They are not really about this life. I'm trying to get them to invest in Enigma however.

Some guys that I'm cool with (through the net) though have been really good at helping me out with some of these ICO. We've pooled together 100's of thousands of dollars for presales and have made some major moves. When you pool your money with other people (gotta have trust) that's where the money is really made.

 

[BeTheChange]

Anyone tempted to put a leveraged position into bitcoin using cfd?

How would this work in practice?

 

[switch7]

A lot of forex brokers offer contract for difference on bitcoin and some ethereum as well. It's a recent thing.

Here's what a broker says: (sounds more like a mirrored market/ spread betting than cfd to me)


'We base the price of our bitcoin and ether contracts on the underlying market, made available to us by the exchanges and market-makers with which we trade.

There is currently one accepted decentralised ledger which records all bitcoin transactions – as well as an equivalent for ether – called the blockchain. When the software of different miners becomes misaligned, a split, or ‘fork’, in the blockchain may occur, resulting in the existence of two different blockchains.

In the past, cryptocurrency users have quickly agreed which version to accept as valid and continue to use, causing minimal disruption. In these instances, the old version of the blockchain has then been discontinued.

In the event that one version isn’t discontinued – known as a hard fork – we will generally follow the blockchain that has the majority consensus of cryptocurrency users, and will therefore use this as the basis for our bitcoin and ether contracts. IG reserves the right to determine which blockchain and cryptocurrency unit has the majority consensus behind them. If the hard fork results in a viable second cryptocurrency becoming tradeable on exchanges we have access to, then in our absolute discretion, we may create an equivalent position or cash adjustment on client accounts to reflect its value, however we will have no obligation to do so.

When a hard fork occurs, there may be substantial price volatility around the event, and we may suspend trading throughout if we do not have reliable prices from the underlying market.'

 

[Solomon]

How did I miss this

I'm pretty sure Ripple, steemit has all been discussed

So no need

Good to see this thread

 

[PrettyBoyAJ]

Wasup Solomon! You know I was going to spread some knowledge up in here

 

[PrettyBoyAJ]

Guys, welcome to September. Is going to be a great month for me and hopefully you as well. LTC price is soaring. LTC is what I dollar cost average into. I put about a thousand into it a month. It almost hit 100$ a couple days ago and it'll hit 100$ by January.


I'm focused on 4 ICO this month. Kyber, ChainLink, Red Pulse, and Enigma. The tech behind all four are very promising and I like them for the long term. Realistically I'll be flipping them and and then re-enter once correction hits.

We will see how my strategy works but I don't think I can lose.

@BeTheChange let me know if you want to pool some money together and whale up on these icos upcoming. To me it's guaranteed flips and I don't plan on HODL any of them really unless they just 10x off the rip (similar to Populous). I'll HODL my top 50 coins that are proven and I'm sure they'll go up for the long term.

 

[BeTheChange]

Guys, welcome to September. Is going to be a great month for me and hopefully you as well. LTC price is soaring. LTC is what I dollar cost average into. I put about a thousand into it a month. It almost hit 100$ a couple days ago and it'll hit 100$ by January.


I'm focused on 4 ICO this month. Kyber, ChainLink, Red Pulse, and Enigma. The tech behind all four are very promising and I like them for the long term. Realistically I'll be flipping them and and then re-enter once correction hits.

We will see how my strategy works but I don't think I can lose.

@BeTheChange let me know if you want to pool some money together and whale up on these icos upcoming. To me it's guaranteed flips and I don't plan on HODL any of them really unless they just 10x off the rip (similar to Populous). I'll HODL my top 50 coins that are proven and I'm sure they'll go up for the long term.

Yes bro. Great idea. I was meaning to write a detailed response to your PM over the weekend to discuss mechanics, strategy, etc. We will hopefully be able to talk later in the week about that.

In the mean time what are your thoughts on China banning ICOs. NEO, Gas and BNB are nose diving. Does the red pulse ICO still seem like an attractive prospect in light of all this?

 

[PrettyBoyAJ]

It's great. It brought a short bear market and now everything is undervalued. I mean everythig currently is undervalued.

I don't think you could go wrong if you bought anything to be honest. Red Pulse cap is 15 million and individual limits are 50k. We will get a 30% bonus on first day. This ico will sell out in the first hour.

Also because the Chinese are banned from participating they will be hawking it down on the Exchange for an easy 2x.

To be honest I don't think they'll last long term but I'm bullish on purchasing my RPX and flipping it for a good 3-5x.

 

[BeTheChange]

It's great. It brought a short bear market and now everything is undervalued. I mean everythig currently is undervalued.

I don't think you could go wrong if you bought anything to be honest. Red Pulse cap is 15 million and individual limits are 50k. We will get a 30% bonus on first day. This ico will sell out in the first hour.

Also because the Chinese are banned from participating they will be hawking it down on the Exchange for an easy 2x.

To be honest I don't think they'll last long term but I'm bullish on purchasing my RPX and flipping it for a good 3-5x.

Red Pulse made an official statement on their reddit page about it. Shouldn't have a major impact given Chinese citizens are already prohibited from investing.

 

[PrettyBoyAJ]

I'll probably be investing close to 10k into red pulse. Going to flip that so quick and hopefully put it in Kyber. That is assuming I can make it in the crowdsale.

What ICO's do you plan on investing in?

 

[BeTheChange]

I'll probably be investing close to 10k into red pulse. Going to flip that so quick and hopefully put it in Kyber. That is assuming I can make it in the crowdsale.

What ICO's do you plan on investing in?

Chainlink and Redpulse. The rest I want to throw into OMG if it gets low enough.

Didn't make the Kyber whitelist and nothing else looks that promising. Any others on your radar?

 

[PrettyBoyAJ]

I recommend Enigma. Will be a nice 2x-5x in my eyes once it hits exchanges. I got into OMG when it was under 2 dollars. Wish I would've bought way more. I've also spent a couple more grand today on LiteCoin. I want to stack up on it before it hits triple figures.

 

[PrettyBoyAJ]

A lot of FUD in the market past two days so I bought a bunch of LiteCoin past two days. Loaded the boat up.

Red Pulse ICO is postponed so that means I can put more money into Chainlink, Enigma, and Kyber. Will be doing some flips and will put 50k into red pulse whenever that ICO date is.