Do you know, how many arks are required for the staking? I tried, but till yet not one single result and I guess it is because I probably do not have enough coins. Any advice appreciated. Thanks
I don't think there is a minimum. There is a set-up requirement and you need to vote for your "delegate". Your "gains" depends on the incentives the delegate gives. I voted based on maximum gain for me--which is 1/2 ARK everyday for 1,600 ARK  |
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ARK ARK Baby!!!  |
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Like the 1st poster said, if I can (if funds are available) I try to take advantage of the "sale" and buy more.
If that is not an option...I treat it as any ordinary day which is sell what gained the most (or in this case the one that lost the least) and buy the ones that lost the most IF it is worth the trouble. It is plain flipping.
Note that I factor how much I trust the (future of the) coin when making this decision as well.
Otherwise, just HODL.
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Glad I got a 2nd chance to get on board this train. Not the best deal but at half the ATH a few weeks back, I don't think I'll lose on this. |
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As long as I believe it is still one of the most profitable.
Once I needed money for a more promising coin, I cull and sell the least promising coin/token to reinvest. That cycle continues...
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Decentralised chat on blockchain? Ok. But why?
This is perfect for the pedophiles... |
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Yes, the inflation schedule is concerning. Surely, the "value" of tokens given to ICO participants will diminish over time. As you said, at year 3, tokens created during the ICO will only make up 15% of the total number of coins.
Also, providing all that personal information to register for the ICO is a turn off.
While other coins diminish qty in time, this will increase, devaluation usually follows. As I said, if there is money to be made...it is mostly by the developers/owner and maybe just shortly after the ICO. A few weeks after that is likely a continuous downward trend. |
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I was going to join but not anymore. I posted here why...if you are interested look for the thread I started.
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If this is true, it's good news. China likes manipulative actions so that they think they can manage the market. They won't be doing something dangerous for ether. They're also holding great amount of it. China makes the most out of mining so it is their bread and butter and understandably protecting it. They are doing this because ETH is about to exhaust supply. Same with BTC and payout is getting less because of increased difficulty. This is the part I dislike about mineable coins, they just keep forking to keep "work". |
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I hope the gear that is used to be mined for ETH can be used somewhere else, otherwise it is a disaster, all the miners mining ETH will be forced to sell their gear.
While there are video cards that are "specialized" I believe most can be easily re-directed to mine other coins. Most don't want change since the current set-up payment is good. I know a little about this because we also mine a little with 2 rigs. |
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So Metropolis Byzantium update might go live next month and as a prep, some Chinese miners/investors are forcing a possible sudden ETH hard fork, possibly as early as today.
no miner wants this fork! do you know what this fork does? it puts an end to mining by changing ETH! that means all the investment these miners have made in their mining rigs is down the toilet because they can no longer mine it. do you still think miners are pushing for this fork? Is this a good thing or a bad thing?
the fork in general is a very bad thing in my opinion. first of all it is changing ETH fundamentally and that is always bringing unexpected things which are not good. on top of it, this fork will make the rich super rich. meaning the devs who hold 72 million premined coins will become super rich by staking their coins and doing absolutely nothing. in other words ethereum will become less and less fair every day. I think you got it backwards on miners. They are the one who are pushing for it because ETH is about to run out and the reason why it is being converted to POS (vs POW). There is hardly any left to mine so what do they do? Create a fork that have enough supply they can mine for the next several decades. The pre-mined portion stinks like shit to me...and I agree with you. |
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Good to know. I don't visit the big pond since I am teeny tiny fish  |
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Just wondering since I haven't heard anything drastic this time...is this just a normal correction?
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I hope they will help you as soon as they can, but it is your mistake, don't blame them..next time don't rush when writing numbers...allways check.
I absolutely blame them, that's an idiotic design, why lock in the number before it's confirmed on a new totally unconfirmed account? That doesn't make any sense. Of course once the phone number has been confirmed once, then you need to provide a code to change it. E-mail is also locked in and cannot be changed rather than the standard common sense design of sending a confirmation to the old email to change it to the new email and/or a 2FA... Dump the old one and create a new account. Problem solved (easily). ...and do be careful this time. |
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I use Bittrex now for 90% of what I do.
About 10% between Coinbase/GDAX, Poloniex, Kraken, Cryptopia, and Binance
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First, research then buy coins you believe will make money (good developers, good project, have application, etc.). You then don't have to worry when to dump rather just wait for it to grow.
In between, you take advantage of the crests and dips (high and low) and TRADE a PORTION (I do about 25%) during those times. You just sell high then buy again low. Keeping & growing the money for that coin which in effect increases your coin count if done right.
I usually trade when it rises x% and re-buy when it dips y%.
If things change (or learn something new) making the coin less ideal, then sell and re-invest to a new coin. This happens a lot to me and the coins in my holding changed many times. It is a continuous process.
Good luck!
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My main gauge for "stability" of the coin is consistent daily trading volume. NEO has been consistently in top 8 (by VOL, not rank ok--6th as I write this) whenever I check so I know it hasn't lost it's popularity. It is indeed dangerous because of it's dependency on government decisions but I see various ways around their problem already and I am nobody. Those people are much smarter and I am sure they have various "back doors" to save this platform IF they wish. I am not even worried and contrary gets excited when it dips...and finding ways to buy more. I'd confess that I cashed out plenty yesterday when it crested and those got reinvested on other coins. That said, the biggest share in my portfolio is still NEO. AND if it dips, I'll buy some again! |
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Of course, if you want to make the big money you have to risk a lot of and buy the coins that are flat, before they ever get a big pump. But the problem is... how to even recognize these? it's too difficult. Too many coins out there, constantly being added to coinmarketcap. And you must buy them before they are added in big liquidity markets as well, which gives you the risk of holding a bag forever (in the case the coin doesn't end up getting added anywhere notable)
Again, agreed. Finding what will hit before it does is indeed very difficult BUT finding which made the biggest jump AND AVOIDING it is easy.. The message here is that when you find them THIS WAY...it is too late (way too late) and if anything, you will likely end up losing if you invest in them now. |
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