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Bitcoin Talk

R

Rubber Chicken

WaxyTaxi said:
I have about 1.5 ltc left from my adventure. I strated with 400 bucks a couple months ago. is it worth it to try and make money with it in cryptopia or should I cash out Im wondering.
Click to expand...

Buy a handful of Skycoin and put them in the Skycoin wallet and it will accumulate coin hours.

If you are patient, it 'could be' worth a fair amount with time.

It isn't on any big exchanges yet.

(It is wishful thinking on my part, but they have a Reddit group if you are curious)
 
Douglas.Curtis

Douglas.Curtis

Autistic Diplomat in Training
Speaking of the ethereum network, have you seen the latest breeding game "Axies Infinity"? KryptoKitties was/is limited in scope, and this is the first game which is a rather in-depth breeding/combat/market genetics game.

3 Axie Giveaway is going on for the next 3 days. Who's up for combat and breeding?
 
Chappi

Chappi

Active member
Good luck!

Good luck!

So far bought at 400$

Sold 1/3 at 700 another at 750 and the rest at 798.

My next buy target is at 650 and this will be my final post on this thread for a while. I plan to hold for a few years.

I expect another huge run up and I mean HUGE and believe we are recovering from this crypto bear market. See you at BTC 30,000.

Good luck everyone.
:tiphat:
 
Douglas.Curtis

Douglas.Curtis

Autistic Diplomat in Training
Anyone here remember CryptoKitties being sold for $100K USD? Simple breeding game on the Ethereum blockchain.

There's a new breeding game, significantly more developed which includes a battle system (due to be released in the next 2 weeks). It's called Axie Infinity and you can win a FREE AXIE.

The battle system requires 3 Axies for a team. I bought 2 and will be breeding a third for the team. :) Come check it out. It requires installing the MetaMask browser extention and Ethereum transferred to the Metamask account.

Will YOU breed the next $100K USD Axie? :D
 
GMT

GMT

The Tri Guy
Veteran
Bcn was a terrible buy. Bought in thinking a new coin on binance drops then goes skyward. Thought the drop had finished.
 
GMT

GMT

The Tri Guy
Veteran
Why do I never buy in on the pump side of those.
Now losing on dgd. Backed by gold, shouldn't fall much, it's the safe coin in a down turn, at least that's how it's marketed, yeah right, not looking at my numbers.
 
P

paradoxlost

Member
Its because you are looking at trends in coins, most likely on an exchange like hitbtc that has all the coins or on blockfolio, but you don't understand what these coins are. So like 2 years ago I sat down for 2 days and looked at all top 100 coins and did research on their development history, etc. NOT their price history. Purely proof of concept, who is working on them, what people are saying about them etc. I don't believe that economics can explain cryptocurrencies right now. Economics are good at predicting stable markets, such as gold and wood. Even oil at its inception had massive price volatility for the first 20 years of the market generation. Don't buy stuff based off price fluctuation. Look at the function of each coin and than buy based off of either short term development goals i.e. EOS has never missed a deadline and is about to go from an ERC20 coin to a live coin. BCN has changed development teams like three times since it was created. It seems more serious now, but I sitll wouldn't touch that shit.

Anyone who looks at graphs and goes, I can tell you what will happen, is a broken clock being right twice a day. Pump and dumps are determined by about 40 or so multibillionaires who are moving money based off of tax evasion, fiat currency manipulation etc. Sustained growth if from business adopting blockchain development environments where they need to purchase tokens to do certain experimenting with smart contracts, etc.
 
GMT

GMT

The Tri Guy
Veteran
I've done all of that, but there don't seem to be any that I believe in. It sounds like going to the race track and picking a horse I believe in. I believe they exist, but to say you believe in their future value is like saying you would be happy to be stuck with it. People only ever buy crypto with a view to turning it back into fiat. Normally hoping for a profit. There is no other reason to buy crypto. It's just a casino with no rules.
 
P

paradoxlost

Member
Are you serious? How are there none that you can't see a function in in society?

How can't you see that some teams are stacked with computer programmers and financial actors rather than charletons? How can you not see the only reason why bitcoin became a thing is that it enabled anonymous, cheap payments across borders? How can you not see that if a blockchain environment creates a large partnership with an international organization that will drive up demand for tokens in that environment?

Granted that at the end of the decade there won't be 100 environments there will only be like 10, but come on dude, you gotta be an idiot to not see the function of blockchain.
 
GMT

GMT

The Tri Guy
Veteran
There's a difference in seeing a future in cars, and buying a bunch a lada spare parts. I accept it, I just don't think anyone has done it yet. There is no purpose for any of it yet other than value speculation. Who is posting their profits? Who is sharing those profits out? I know neo does it with gas tokens, but their price has fallen by two thirds. I know because I was holding it. There is no option to analyse annual profits, examine a balance sheet and make an informed investment decision, all you can do is say "i like the sound of that dream by that team".
 
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