May 11, 20214 yr 46 minutes ago, Khani1 said: The problem with all these small/newer coins is that they are not on a good exchange. I heard nightmare stories of how Binance either takes forever to confirm your identity when you sign up with them and other stories of how once you are in, they tie up your money at times and you cannot trade or withdraw. I use Coinbase which never has that problem and is a lot more reliable but they do not offer smaller/newer coins. This one you mentioned does seem to have a lot of potential. Another low cap coin that is very cheap at the moment that has potential to explode is BTT, Bittorent. Binance is the biggest exchange with 6x the amount of volume as Coinbase. I have been on Kucoin for years now, the 5th biggest exchange, and absolutely zero issues. It is based in Singapore so is no identity to confirm. Isn't bittorent just Tron renamed? That will be a pass for me if is.
May 11, 20214 yr 25 minutes ago, DaEagles4Life said: Binance is the biggest exchange with 6x the amount of volume as Coinbase. I have been on Kucoin for years now, the 5th biggest exchange, and absolutely zero issues. It is based in Singapore so is no identity to confirm. Isn't bittorent just Tron renamed? That will be a pass for me if is. I watch probably 10 youtube videos a day on crypto and in the chat and comments, I hear people complain all the time about BinanceUS. That is different than Binance. They just replaced their CEO. People have said their money has been locked up for 3-4 weeks at a time. I have not heard much about Kucoin. Do you need a VPN to sign up for it?
May 11, 20214 yr 14 minutes ago, Khani1 said: I watch probably 10 youtube videos a day on crypto and in the chat and comments, I hear people complain all the time about BinanceUS. That is different than Binance. They just replaced their CEO. People have said their money has been locked up for 3-4 weeks at a time. I have not heard much about Kucoin. Do you need a VPN to sign up for it? I had Binance but I pulled all my money when they started to develop a the US site. I don't use a VPN and zero issues with it.
May 11, 20214 yr 7 minutes ago, jsdarkstar said: Crypto Currency seems to be a high risk gamble. Not for me. What makes you say this? I’d agree new investors should be more cautious at this point, though.
May 11, 20214 yr 1 minute ago, DaEagles4Life said: I had Binance but I pulled all my money when they started to develop a the US site. I don't use a VPN and zero issues with it. Thanks for the info man!
May 11, 20214 yr 1 minute ago, SB52 said: What makes you say this? There doesn't appear to be any safety net. Maybe, I need to research it more.
May 11, 20214 yr Just now, jsdarkstar said: There doesn't appear to be any safety net. Maybe, I need to research it more. I think when banks start to get involved it is a good bet that it isn't going anywhere. Mastercard and Visa announced earlier in the year they would start integrating cryptocurrencies with their systems. In the case of Mastercard, it partnered with the Winklevoss twins to offer a new credit card that rewards customers with bitcoin or another crypto for using it. Gemini, a cryptocurrency exchange founded by the Winklevoss twins, will release its Gemini credit card with 3% rewards in bitcoin or 30 other cryptos available at the exchange this summer, the companies said in a press release Tuesday. Mastercard will provide the payment network while WebBank will issue the cards https://www.cnet.com/personal-finance/mastercard-teams-with-gemini-for-credit-card-with-bitcoin-rewards/
May 11, 20214 yr 2 minutes ago, jsdarkstar said: There doesn't appear to be any safety net. Maybe, I need to research it more. You're being trolled. Cryptocurrencies are incredibly risky and volatile.
May 11, 20214 yr 13 minutes ago, jsdarkstar said: There doesn't appear to be any safety net. Maybe, I need to research it more. I have a lot of friends who just don’t want to get into the space. To each their own. If it’s something the interests you, though, I’d suggest starting with the platforms on which the DApps (decentralized apps) are built. They have the most practical utility, IMO. Ethereum is the king. It’s currently thought to be the most secure platform, as well as being the most expensive for developers. Cardano is partnering with the Ethiopian government in an attempt to accurately track student performance in schools. Polkadot is also interesting. It’s the shitcoins like Doge that are poisoning the well. There are a lot of smart people in this space attempting amazing things.
May 11, 20214 yr 1 hour ago, SB52 said: I have a lot of friends who just don’t want to get into the space. To each their own. If it’s something the interests you, though, I’d suggest starting with the platforms on which the DApps (decentralized apps) are built. They have the most practical utility, IMO. Ethereum is the king. It’s currently thought to be the most secure platform, as well as being the most expensive for developers. Cardano is partnering with the Ethiopian government in an attempt to accurately track student performance in schools. Polkadot is also interesting. It’s the shitcoins like Doge that are poisoning the well. There are a lot of smart people in this space attempting amazing things. I just bought some cardano just to have its said to be similar to etherium in the way it works... I figured for 1.60 I might as well buy 100 just to have... I'm going to buy a few hundred more over the next few weeks just to sit on... Worth the gamble... I've been putting most of my free money in etherium for now I also bought a little bit of cosmo and chainlink
May 12, 20214 yr Author 13 hours ago, jsdarkstar said: Crypto Currency seems to be a high risk gamble. Not for me. Everything besides Bitcoin and Ethereum? Sure. But Bitcoin and Ethereum? It's risky to not own any. It's the greatest asymmetrical risk proposition of our lifetimes to the upside Let's say for arguments sake Bitcoin will one day match gold's market cap (I think it will definitely be more than that). That's 10x from here. Let's say there's only a 50% chance of that and a 50% chance of going to 0 (I think it's about a 90% chance, in my opinion that it gets to gold) If you invest $1000, 50% chance you lose $1000, 50% chance you win $10,000 Adjusted average return is 5x your money with those odds So no, it's the complete opposite of gambling
May 12, 20214 yr 8 hours ago, mattmcginley7 said: Everything besides Bitcoin and Ethereum? Sure. But Bitcoin and Ethereum? It's risky to not own any. It's the greatest asymmetrical risk proposition of our lifetimes to the upside Let's say for arguments sake Bitcoin will one day match gold's market cap (I think it will definitely be more than that). That's 10x from here. Let's say there's only a 50% chance of that and a 50% chance of going to 0 (I think it's about a 90% chance, in my opinion that it gets to gold) If you invest $1000, 50% chance you lose $1000, 50% chance you win $10,000 Adjusted average return is 5x your money with those odds So no, it's the complete opposite of gambling These are just numbers you made up though.
May 12, 20214 yr Author 1 hour ago, Boogyman said: These are just numbers you made up though. My actual numbers of Bitcoin going to 0 are 0% and going to $600k+ are 90% Figure out your numbers. I've given plenty of great videos in here that should explain why I would feel that way
May 12, 20214 yr 2 minutes ago, mattmcginley7 said: My actual numbers of Bitcoin going to 0 are 0% and going to $600k+ are 90% Figure out your numbers. I've given plenty of great videos in here that should explain why I would feel that way Yeah but you pulled those percentages out of your ass. Nobody knows for sure how much it will go up or down.
May 12, 20214 yr 5 minutes ago, mattmcginley7 said: My actual numbers of Bitcoin going to 0 are 0% and going to $600k+ are 90% Figure out your numbers. I've given plenty of great videos in here that should explain why I would feel that way well, it works for flat earthers sooo......
May 12, 20214 yr Author 10 minutes ago, Boogyman said: Yeah but you pulled those percentages out of your ass. Nobody knows for sure how much it will go up or down. Thanks Captain Obvious
May 12, 20214 yr Just now, mattmcginley7 said: Thanks Captain Obvious You are welcome Captain Oblivious
May 12, 20214 yr Author 18 minutes ago, Boogyman said: You are welcome Captain Oblivious "Doge is ballin" basically your only addition to this thread. The irony in calling me oblivious is out of this world Don't invest then. Remain ignorant on this particular topic
May 12, 20214 yr 14 minutes ago, mattmcginley7 said: "Doge is ballin" basically your only addition to this thread. The irony in calling me oblivious is out of this world Don't invest then. Remain ignorant on this particular topic Ironically, my nonsense Doge comment has just as much value as your made up numbers. None. As for not investing in crypto, why assume I have not already?
May 12, 20214 yr Author 21 minutes ago, Boogyman said: Ironically, my nonsense Doge comment has just as much value as your made up numbers. None. You're doing amazing work in here Captain Obvious. Keep it up
May 12, 20214 yr 2 minutes ago, mattmcginley7 said: You're doing amazing work in here Captain Obvious. Keep it up I'm not looking to do any "work" in here. But cool.
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