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Old 01-13-2018, 11:28 PM #361
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Old 01-13-2018, 11:56 PM #362
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Originally Posted by ganjygav View Post
Any tips? Someone today mentioned Amazon are going to enter the market with their own currency. That should be interesting. Amazon customers are plentiful and buy almost anything amazon.
I see that rising quick at first.
Imo the coins that have potential in the near term(2-3 years) are those that deal with currency/money since thatís the immediate purpose for blockchain tech. There are others that make sense, I invested in a couple, but itís probably too soon, many of these icoís will be non existent in 5-10 years just like the .com companies that popped up the 90ís.

Most big companies are not interested in public blockchains, they are all currently working on internal-private blockchains from what I understand, trying to use the technology to make their systems more efficient.
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Old 01-14-2018, 01:43 AM #363
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On 270 trades now since the start of the year trying to day trade. Wish I'd got in at the end of Aug last year as market cap trippled by the time I started. Impossible not to make money in that climate but to make in a falling market, (25% all money taken out of system in 48 hours) is tough. Almost impossible. You need the right strategy rather than trying to guess the right coin.
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Old 01-14-2018, 02:17 AM #364
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On 270 trades now since the start of the year trying to day trade. Wish I'd got in at the end of Aug last year as market cap trippled by the time I started. Impossible not to make money in that climate but to make in a falling market, (25% all money taken out of system in 48 hours) is tough. Almost impossible. You need the right strategy rather than trying to guess the right coin.
I look at cheap coins on the market and see if they're being talked about in forums.
Can that be called a strategy lol
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Old 01-14-2018, 02:43 AM #365
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Old 01-14-2018, 04:47 AM #366
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Originally Posted by ganjygav View Post
I look at cheap coins on the market and see if they're being talked about in forums.
Can that be called a strategy lol
Thatís part of my strategy.

If youíre into crypto and dont know what steemit is then google it right now. Thatís where I get a lot of good info, some u tube channels are good too. Check out coinmarketcap.com if you havent already, lots of good data on there. Learn ďtechnical analysis basicsĒ teaches you where to find bottoming patterns, moving averages, candle patters and all that basic stuff. Itís basically dow theory.

Takes a lot more than guessing to be a good trader but like I said Iím not looking to day trade, just putting a small amount of money, that if I lost wouldnt change my life, into icoís that may survive the coming correction(I see a big one coming) and be extremely profitable(hopefully) in 2-3 years. Until then Iíll continue to HODL!
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Old 01-14-2018, 03:04 PM #367
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Amazon, eBay and PayPal are looking at bitcoin for future payments... When that happens things will really take off
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Old 01-14-2018, 05:35 PM #368
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As long as they can get the tx fees down, and fix the scaling issues with the network. Bitcoin is maxxed out at what 7 transactions a second? Visa is 24,000txs/s. In comparison, BitShares is able to easily run 100,000txs/s since it's code is based off code capable of 6 million txs/s.

Bitshares, at full implementation speeds, confirms in 1 second. That's pretty crazy and makes bitcoin look like a slow turtle in comparison. BTC is going to get worse as more people use it, until coding changes fix it. I wish them luck.
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Old 01-14-2018, 05:41 PM #369
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Watch for sites which hog your CPU/GPU, a lot of them are hijacking your browser to mine coins.
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Old 01-14-2018, 10:17 PM #370
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Lightning network is supposed to solve a lot of the issues with BTC.

The name “BITCOIN” is a cash cow. Everyone has heard of it and when money managers are asked to invest large sums of money into crypto where do you think that money is going?
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