CryptoCurrency General - KANGZ COIN EDITION

CryptoCurrency General - KANGZ COIN EDITION

>>Shillfags welcome

What are you buying?
What are you selling?
What are you keeping an eye out for?
Long-term or short-term holder?

>>Crypto Rundown
cryptobizcentral.com/

>>Bitcoin Rundown
bitcoin.org/en/

>>Ethereum Rundown
ethnews.com/the-basics

>>Where to start buying?
coinbase.com
kraken.com/
gemini.com/

>>Where to buy without verification?
localbitcoins.com

>>Alt-Coin Exchanges
poloniex.com
yobit.net/en/
cex.io
bittrex.com/
shapeshift.io/#/coins


-----Links to visit-----

bitcointalk.org/
coinmarketcap.com/
medium.com/tag/cryptocurrency

Other urls found in this thread:

youtube.com/watch?v=qdoUpGg_DpQ
youtu.be/Gp-K0qxvsRU
bitbay.market/
twitter.com/SFWRedditGifs

Could any of you anons help a poor slav nigger out by sending a small amount of btc?
I'd love to start trading, but Coinbase does not support my shitty country.

1P8Muyr7kPXxP2xtH75nEKFa6yheZFCwSU

So is a diversified portfolio a good idea, or is all the money to be made in low market cap alt/shit coins?

Right now I'm 30% BTC, 28% ETH, 20% XRP, 10% LTC, and 2% each in DASH, XEM, XMR, XLM, GNT, and WAVES. It covers the big boys, but I'm not sure if the altcoins I picked are any good, or if they're going to trend sideways because the pump is over.

Let's talk ICOs.

Currently got my eye on Basic Attention Token. On the one hand, it is an interesting idea for advertising and less well developed tokens and tech have seen gains. On the other hand, it's success depends largely in the adoption of the Brave browser. While the browser is well received and reviewed, it will be difficulty to dethrone Chrome or Firefox. The team also seems to count on the fact that BAT will drive Brave adoption as people supposedly will want to get paid for browsing. Sounds like hopeful thinking to me.

Anyhow I will drop a few ETH in the BAT ICO.

>>Crypto Rundown

What a useless site, half of it is under construction expect for the shop selling rich dad poor dad. All generic advice.
>kys

>Anyhow I will drop a few ETH in the BAT ICO.
newfag here, heard about bat, but what does ico stand for

Initial Coin Offering.

in for 1 mil dgb moon mission

Yeah don't use the site at the moment. I'm trying to update it with more info but I'm currently finishing the semester so don't have time.

sold my BAY for DGB.

Could work. Kind of hinges on the strength of the ad system. If I'm anonymously browsing with Brave, how do advertisers show me relevant content? Or are they relying strictly on content providers to determine ads that will be shown? How simple will it be to advertise to the system? Supposing I want to advertise dragon dildos? Do I just send some images and tokens to the block chain?

It's helpful enough, if only for not having to shift through the sarcasm and shills you otherwise do in biz.

>umaru picture
You should call yourself Veeky Forums not biz

Thanks for making this thread OP

Please send all other crypto traders here.

This guy explains the smart contract

youtube.com/watch?v=qdoUpGg_DpQ

I used to have 400 litecoin:

>sold 100 for dollar at 28
>sold 100 for btc at 0.016
>holding the remaining 200 ltc

If LTC steadily declines I will sell in intervals, if it spikes I will sell the other 200.

How sound is this strategy?

I was promised a trip to the moon with litecoin

...

Stop linking the thread retard

DigiBytes: yay or nay?

Too bad it hasn't added dota.
League and CSGO are shitty games.

>watching my ETC

you mean linking crypto discussion to the crypto thread? hmm i don't know who the retard is here...

but it might, yes?

wait until LTC deploys lightning network

While DotA is objectively the better competitive eSports platform, it's still wiser to go by the numbers. And the numbers dictate that LoL and CSGO are plenty fucking big.

I have nothing against LoL, personally. Even played a little. I just think it's dirty they stole the second generation of MOBA spotlight from the rightful heirs of DotA All-Stars, DotA 2, purely by rushing out their product asap to gain traction and eventually critical mass.

...

BTC
ETH
GNT
RLC
REP
XRP
NEM
WAVES
BAY
SYS
XVG
SC
XBY

...

So they won't add dota?

What order are they in?

Ayyy
youtu.be/Gp-K0qxvsRU

This.

Id also like to add ARK as well.

...

Tell me more about WAVES.

Not adding DOTA is stupid. DOTA is very strong, Don't get me wrong. LoL simply has a larger audience as it stands.

Top Tier
ETH
XRP
BTC

Mid Tier
NEM
GNT
EDG borderlining

Shit tier
rest of them

Those top 3 would account for something like 75% of holdings

Who /mobilego/ here?

redpill me on GNT

Who /allin/ on POSW here?

I have 75k

Waves I just had a little go, standouts for me were clowns going nuts with ridiculous tokens as well as the decentralized exchange angle, seemed like its offerings could be the type to catch on quick basically

I love GNT, it's the general concept that sold me, leasing as little or as much computing power as needed, when you really start to imagine what that could mean it's crazy

Interesting. I have 2.5btc, 27 eth and 3k golem.

I read they will have chrome and firefox extensions which can be used for BAT eventually. Which makes sense because capturing marketshare against Chrome in itself is a huge task.

Long hold (till end of year at least):
BTC
ETH
GNT
Waves
Strat

Medium term (~2 months):
Ark
Sys

Short term
XVG
Burst

How long does it take for cryptocurrency to take off?

dgb to the moon

Holding strong. Prices slightly rising again, but still low enough to accumulate.

markets cap has doubled in a matter of months

That would be the most strategic move but they don't mention it in their interview. Do you have source?

Yeah but it's still treated as a meme.

Which exchange to get posw? Livecoin any good?

user,but money IS flowing into crypto by the day. This the kind of growth I like to see - slow and creeping, like a shadow. Not explosive and sudden, that loses all it's power and dies off.

Newfag on crypto here, is bitbay legit?

when something genuinely useful to people emerges it will be taken more seriously / pickup quickly. this is why I like ETH but more so the tokens, a clever dapp could make a huge difference.

I bought burst and recently sold on the high, any idea when it will moon up again?

Can you explain how it works?
People say that the value is supposed to decrease, the more people have it. But that's not what's happening here, in fact its the opposite.

BAY is a tough one, I think the decentralized marketplace idea really has legs, whether the bitbay dev can pull it off though or not i'm less sure of.

Holy shit. Tempted to sell to be honest.. i didnt put much in but it's an alright profit

Please reply.

Also, will DGB get big?

What people say this? More people is more demand vs the current supply, at a very basic level this = higher prices

I see, I just noticed that they only sell 4 crypto, I wanted to buy particularly one.

XBY is having a bit of a run at the moment, the special 50k block was hit and with nearly 500 nodes registered 250MM coins are effectively out of circulation. However nothing new has emerged yet. We are still waiting to see if it's real / all it's cracked up to be,

that is different, this is the BAY you see around here and on exchanges
bitbay.market/

I'm going to hate myself for this but I guess I'm going all in on POSW. I already have $100 in it bought at 12k sat, so at the very least I might be able to make that back.
I think this is the best thing out of all to by now, it's low as hell and seems to have bottomed out while stuff like XBY and Waves are at all time highs.

Well, if POSW manages to go lower after I do this then I guess there goes my rent for the next semester.

If it gets added to Bittrex like everyone thinks it will it's gonna moon hard, I'd hold on at least a little while longer.

Good, let crypto stay underground. I like being able to buy bitcoin without my credit card treating it as a cash advance because the bank doesn't know what it is

Why would you ever invest when you can't afford to? Get off Veeky Forums and head to the nearest casino.

The marketplace has been up and running for some time, I have no idea why people are more into SYS which seems to deliver nothing.

Someone I'm arguing with is saying that >"How would the inventors of this benefit at all? If the answer is "they won't", it's because it's a scam and they're doing shit behind the scenes to let them make money. Snapchat and Google had a clear purpose and were monetized for the developers in a clear manner from Day 1. This service expects us to believe they did it because they're nice."

How do I refute this?

Just buy WAVES, GNT, ETH, or even fucking BTC holy shit. POSW is right up there with Bitbean and Humaniq for bad crypto investments. The idea is interesting but that's all. I'll eat my words if it legitimately gets somewhere though.

>They have some coins they invented
>Coin price goes up 100x
>They're now rich
?????

I'll probably wait, yes.. honestly did not expect one of the coins i only put a little in for fun to shoot up. I'm mostly in BTC and ETH for the long haul anyway.

I can see why people miss out on long gains by selling when they see a new ATH now, though.

Also considering buying into DGB but IDK

>how could the devs possibly profit, this service expects us to believe they did it because they're nice
>devs have coins
>put work in to improve coin so it spreads further and increases in value
>devs profit
Its not difficult to understand, your friends sound like idiots.

Guys i have the top 4 cryptos.

I want to buy to get into smaller coins.
DGB
Humaniq
BAT ICO

I will for sure get into BAT, but iffy about DGB and Humaniq. HELP

humaniq is garbage that won't go anywhere(most will be a pump and then hard dump like POSW), BAT is a very solid pick, I have a small amount of DGB(200k) but I do consider it a risky play.

Bad. LTC is a long term bet. As long as BTC has no segwit, LTC is a good holder.

It will. ALL coins eventually pump, this coin can easily get to $1+ (POSW).

I am. Do you feel like you bought stock in a shit chink company instead of crypto? I do. But its association with WAVES and ETH made me see dollar signs.

POSW has potential and will probably break out at some point in the coming months (disregard first time pump ATH buyers who were left salty). HOWEVER, I must say it is not wise to invest money you can't afford to lose. It's a gamble that might or might not pay off. Can you deal with it if it doesn't?

>paid browsing
shitcoin detected

yes

>30% buy fees
>30% sell fees
>50% money withdraw charges

That's how they roll.

Main problem I have with BAY is his attitude toward black market trading, a decentralized marketplace is perfect for this. Anyway I took a bit of SYS as well just because I like the maretplace thing

is there any real reason for me not to put half my savings ($8k usd) into cryptos and invest using Veeky Forums consensus, sans obvious shillers?
something like 80% in 4-6 long term 2-10 month holding coins, and 20% for the 1-4 Veeky Forums potential runners

i'm trying to get a guage on how much of a pussy i am or how reckless my thinking is

>Main problem I have with BAY is his attitude toward black market trading
Look at it from his point of view, he's the only name behind this, he's not user, all illegal activity questions will be targeted towards him first. Would you really want to have to deal with international authorities over this shit? Particularly when you know its going to be used to sell shit like pizza, he has to at the very least say that he won't allow it and crackdown on trades that he sees to protect himself.

No pain no gain.

Depends on your risk tolerance.
I put only 2% of my net worth into cryptos. I wouldn't go higher than 5% even if I thought it was a sure thing.

That said, if you're young and making good money, sock everything into cryptos for a month or two. But it's highly speculative and it could all go to zero so don't put so much money in that it affects your sleep.

>there's a few coins that look promising that I'd like to invest in
>all of them have mooned within the last 5 days
>if I had looked into them a week a ago I'd be sitting pretty right now
>have to keep fighting down the panic so I don't end up buying at an ath

is XRP gonna tank?

>short term?
possibly
>long term?
Nope. People have been calling this a longterm hold from when it was 1k sats, that hasn't changed.

>2-5%
damn son, is this even worth your time?
and am 24 and would be fine if half of 16k savings vanished. i'll probably end up pussying out a bit more and only going in with 4-5k

i'm coming from stocks to crypto. how much should i worry about covariance and beta, or is just shooting from the hip good enough do people think?

This.

I just want a marketplace that sells real estate, cars and boats and shit for crypto. This will fill that market. Nuff said.

Yeah I can see that which is why I still give it a chance, at least as far as black market, see how it goes.

You can make private invite only markets, to my understanding, that the moderators will not be made aware of, but he is just not allowed to say this, ever.

VERY INTERESTING

It's an entirely new market. I'm not sure that beta would actually tell you anything useful. It's not unusual to see 30%+ swings in a day so stock-normies tend to get heart attacks watching cryptos. There's a lot of covariance. I keep seeing Veeky Forums say that when BTC goes down alts go up and vice versa but I'm not convinced that's true. I'd say watch the charts yourself and draw your own conclusions.

And unless you're purely speculating, read the whitepapers/forums of everything you want to buy. I have confidence in the things I've bought so the day to day swings mean nothing.

tl;dr
Do your own research (not on biz). And you're young, just pull the trigger.

>when btc goes down alts go up / reverse
there are obviously movements to and from BTC, it's a trading pair and could be considered the gold standard of crypto, so we see correlations in price. now that ETH has some legs we might see a distinct rise in price correlated with for example bad BTC news. however by just looking at the total caps you can see it isn't mandatory for BTC / alts to move in opposite directions, both markets are well up over the past few months.

Any reputable crypto guide out there in learning how to read graphs, volume, etc. to make a decent profit?

solid list of sites, OP. the only one I take issue with is shapeshift, because why let them cuck you with those giant fees when you could just trade your coins on an exchange site?