Cryptocurrency

[TheGambino]

I wish I had more assets, I bought 0,05 bc and got 300 euros left to invest in smaller coins. Im thinking about, IOATA's. Any ideas guys?

 

[ChristopherColumbus]

I wish I had more assets, I bought 0,05 bc and got 300 euros left to invest in smaller coins. Im thinking about, IOATA's. Any ideas guys?

Bang it into Bitcoin and be done with it.

 

[ChristopherColumbus]

.... then go and max out your credit cards.

 

[ChristopherColumbus]

How we get 30,000 in two weeks time:

The price has doubled from 7000 to 14,000 in three weeks.

If the price doubles here again, in the next two weeks [as the parabola is more vertical], we go from 15,000 to 30,000.

 

[jaygreenb]

A thought provoking view from an anonymous poster regarding bitcoin on another forum:


"I take my profit at $15,000. Why? All cryptocurrencies will then have a market value of approx. $500bn.

I assume that some time in the future bitcoin will take its intended function as a transaction currency (currently it's not, because at an annual deflation rate of more than 90%, anybody using it for transactions instead of saving will feel to be a complete fool). So how much cash do you want to have in your wallet for transactions? 1 month's salary? More? Less? How many people will use bitcoin for transactions? Currently certainly not many, either because they ignore bitcoin or it's too volatile to use.

When e.g. 2% of the world's working population will have cash in bitcoin of let's say $5,000, this would lead to a market cap of $500bn. When we assume that 10% have $2,000, then the market cap would be $1tn.

So I assume that we are either already at the top or with a low probability the price could go to $40,000 max. I prefer to take the profit soon as further risk/return is not really appealing."

Not a smart move in my opinion

 

[BeTheChange]

Not a smart move in my opinion

Did you decide to buy the 5000 WTC needed to run a guardian master node? If you did you're one lucky bast@rd! Just read the AMA on it.

 

[jaygreenb]

Did you decide to buy the 5000 WTC needed to run a guardian master node? If you did you're one lucky bast@rd! Just read the AMA on it.

I read that too, its great! The more I hear from Walton the more I believe in them. Actually I have two guardian nodes ready to go Split though so technically I own 2/3 of one. Myself and two of my college buddies are forming a corporation and running two of them. We may do the same with some other masternodes as well.

 

[BeTheChange]

I read that too, its great! The more I hear from Walton the more I believe in them. Actually I have two guardian nodes ready to go Split though so technically I own 2/3 of one. Myself and two of my college buddies are forming a corporation and running two of them. We may do the same with some other masternodes as well.

Well done mate. So how exactly does it work? Does everyone who owns 5000 WTC get a node or is it a lottery?

 

[jaygreenb]

Well done mate. So how exactly does it work? Does everyone who owns 5000 WTC get a node or is it a lottery?

Thanks! Yeah everyone who holds 5,000 shares in MEW on 12/10 will have a guardian masternode. These will be the only guardian status nodes granted for being early adopter, if you drop below 5000 you lose guardian status. I read there will be an estimated 2,000. They will be able to draw on an additional pool of rewards, copy and pasted below

Rewards
How will GMN rewards compared to MN rewards?

• A mining GMN will always have a higher reward than a mining MN. We will be allocating a portion of all mining pool rewards, and a portion of our foundation development capital to GMNs separately. So GMN holders will share a separate pool of tokens from normal Masternodes which is also separate from the PoW reward pool. The formula used to calculate rewards will be similar to the following formula:
  
  A = GMN Pool
  
  B = MN Pool
  
  C = POS Pool
  
  D = PoW + PoST (Coins in your wallet and time) rewards
  
  GMN = A + B + C + D
  
  MN = B + C + D
  
  Normal miner = C + D
  
  WTC holders (Not mining)= C
  

 

[BeTheChange]

Thanks! Yeah everyone who holds 5,000 shares in MEW on 12/10 will have a guardian masternode. These will be the only guardian status nodes granted for being early adopter, if you drop below 5000 you lose guardian status. I read there will be an estimated 2,000. They will be able to draw on an additional pool of rewards, copy and pasted below

Rewards
How will GMN rewards compared to MN rewards?

• A mining GMN will always have a higher reward than a mining MN. We will be allocating a portion of all mining pool rewards, and a portion of our foundation development capital to GMNs separately. So GMN holders will share a separate pool of tokens from normal Masternodes which is also separate from the PoW reward pool. The formula used to calculate rewards will be similar to the following formula:
  
  A = GMN Pool
  
  B = MN Pool
  
  C = POS Pool
  
  D = PoW + PoST (Coins in your wallet and time) rewards
  
  GMN = A + B + C + D
  
  MN = B + C + D
  
  Normal miner = C + D
  
  WTC holders (Not mining)= C

NICE! What's your average purchase price in dollars? Seriously considering going all in just to get to that 5000.

 

[jaygreenb]

NICE! What's your average purchase price in dollars? Seriously considering going all in just to get to that 5000.

When we really decided to pull the trigger and do the masternode, WTC was in the 4.50-4.70 usd range on a dip, that is where we bought the bulk of the shares, my personal total average is 5.60. When I initially bought in by myself i got them anywhere from 3.00-8.00. I feel really strong about this project, the use potential outside of what they are focusing on is huge. If it takes off, the passive income could be legit livable off of. Here's some articles that explain it better than I could. Let me know what you decide to do

https://www.reddit.com/r/waltonchain/comments/7i97s1/why_you_should_buy_walton/

 

[BeTheChange]

When we really decided to pull the trigger and do the masternode, WTC was in the 4.50-4.70 usd range on a dip, that is where we bought the bulk of the shares, my personal total average is 5.60. When I initially bought in by myself i got them anywhere from 3.00-8.00. I feel really strong about this project, the use potential outside of what they are focusing on is huge. If it takes off, the passive income could be legit livable off of. Here's some articles that explain it better than I could. Let me know what you decide to do

https://www.reddit.com/r/waltonchain/comments/7i97s1/why_you_should_buy_walton/

I have over a $10k weekly credit card limit on coinbase so the plan is to buy $10k worth of btc tomorrow and make up the rest from my existing BTC holdings. Cancelled 2 dates this weekend to focus on due diligence for Walton and then make a decision on Sunday as to whether to it's worth pulling the trigger.

 

[ChristopherColumbus]

Good to see some of this healthy 'backfilling' here. The selling serves to put a floor under the next upward move. Traders should be killing this in the immediate day/ hourly trade, and yet most of them are still looking at longer term charts!

The parabolic blow-off when it comes should be just one single candle going up up up with no retracement. I think we are still a while away from that.

 

[jaygreenb]

I have over a $10k weekly credit card limit on coinbase so the plan is to buy $10k worth of btc tomorrow and make up the rest from my existing BTC holdings. Cancelled 2 dates this weekend to focus on due diligence for Walton and then make a decision on Sunday as to whether to it's worth pulling the trigger.

Nice, just be aware of the 2BTC withdrawl limit per day on Binance, so account for that when you are moving them off the exchange. Will take a few days. Also every transaction is .2 Walton. The snapshot is on the 10th

 

[ChristopherColumbus]

This long term trend line gives us some idea of the consolidation level when it comes.... maybe something like 25,000.

This also ties in with the previous ratio of $2 to $200 [2012-2016 trend line]. This move is $200 to something like $20,000 [2016-2020]. Two zeros added on each time.

If the bull market carries on [2020 - 2024] 20,000 to 2,000,000.

 

[BeTheChange]

Nice, just be aware of the 2BTC withdrawl limit per day on Binance, so account for that when you are moving them off the exchange. Will take a few days. Also every transaction is .2 Walton. The snapshot is on the 10th

Does that apply to withdrawals from exchange to exchange or from exchange to bank account?

 

[jaygreenb]

Does that apply to withdrawals from exchange to exchange or from exchange to bank account?

Anything leaving binance, so my transfers were to MEW (where it needs to be) and I had to break it up over several days. Just a heads up if you are trying to do it last minute, would suck to not get the guardian status over something like that.

 

[BeTheChange]

Anything leaving binance, so my transfers were to MEW (where it needs to be) and I had to break it up over several days. Just a heads up if you are trying to do it last minute, would suck to not get the guardian status over something like that.

That's useful info thanks. So would need 2 days? Main concern is actually around transaction times. Don't want to buy btc and transfer it to binance only to have to wait three days for my transaction to be processed.

 

[jaygreenb]

That's useful info thanks. So would need 2 days? Main concern is actually around transaction times. Don't want to buy btc and transfer it to binance only to have to wait three days for my transaction to be processed.

At the time I was able to move 2300 shares at a time basically, BTC value has changed so not sure, could possible be 3 days, I would check. On your binance holdings page, it gives the BTC value.

 

[PrettyBoyAJ]

For me I’ve made over 6 figures last month thanks to the crypto game. BTC an Litecoin has made me a ton of money. I’m also holding Golem for the long term and very intrigued with Rep. I’m going to be investing soon with Rep for the very long term and dollar cost average Rep just like I used to dollar cost average Litecoin.

I got into Verify crowdsale and it sold out in two hours. Look forward to making some plays with that. I put in about 10k on it.

I haven’t done much research on ICO but I’m intrigued by Bread and Bluezelle. Will be doing some major research on it this weekend. I also hold ZRX and Po.et which I’ll dump when they get listed on Bittrex which should be within this month.

My working days our numbered. I need to focus more. If I was more aggressive earlier on I’d be a multi millionaire and I’m not making the same mistake I made earlier by not being aggressive.