Staking your tokens to validate on a hopefully huge financial services network with tons of transactions, eventually coins on their own chain.  I think the coins are required to be at the address for a certain time to qualify for staking and they have yet to release how long and how many coins minimum are required for staking.  They have to move to their own chain, have a platform, etc.  

Aged and large OMG so most people won't qualify.  The price is pumped and will continue to pump because it's an real financial services company with an real use case.  But made 4X what I paid for it, sold, I am sure it'll pump a lot but can't be sure when people will wise up, I myself can't justify those valuations.  

1 in a million is pretty big in 2017.  So you havings bitcoin is like a a goose that lays golden eggs for you  and you just pick up a few every year?

I bet even a stock trader with 40+ years in the stock market couldn't figure out the crypto market. 

It's just a lot of speculation and bullshit.  The one thing I have seen consistently green is NEO Gas.  God knows you need gas to run apps for a coin which doesn't have a platform yet, which doesn't have any apps yet, which belongs to a country that is shutting down exchanges and banned ICOs 

I call $1200 after Segwit2X resolution November.  If there is a fork it goes even lower. 

• China will be selling until all the exchanges close, this will take a bit 
• China won't be buying, so obviously you lose a ton of buyers
• Prolonged uncertainty, HODL meme sheep will start capitulating
• Will take a bit for people to get money out their trezors, etc 
• Veteran buyers will be wary, new buyers will be scared off - Bitcoin headlines
• Downward pressure miners who need to sell and lack of buyers, whales selling

Maybe a shorter period bear market than last time (months) before a more healthy slow build up. 

Do you realize that Chinese want Bitcoin but it's the government that is shutting down exchanges?  Also, the highs in 2013 and this year would not have been possible without the enthusiasm of the Chinese people.  I am not particularly fond of the mining conglomerate which is Chinese but to throw racial slurs and say you'll  slap them can't be in spirit of this forum.  

I think the root of the problem is all the SCAM ICOs that popped up out.  China lifted a lot of regulation and allowed withdrawal from exchange  this year thinking of Bitcoin.  But it didn't forsee all the SCAM ICOs for everything under the sun. All these coins and ICOs, 99% are a speculative frenzy or straight up scam and people are all going to lose their money.  

If there is regulation, it would make sense to only allow fairly distributed coins.  That means no to almost everything even ETH which is mostly premined, XRP, etc.  

I know a lot of people are arguing capital controls and outflow through Bitcoin but China had changed their stance of that.  All these scam ICOs seemed to make them change their stance again.

Yeah, I am not saying don't buy it.  Just saying be careful, do hard research and make your own decision.  It pumped all the way past $10 before and could easily do that and a whole lot more.  But I don't think that would be due to the technical solution it provides but rather to pumping and speculation.  

With the Chinese stance on ICO bringing down Chinese smartcontract platforms, it seems that people have found a reason to pump Stratis.  I'd be really careful - posted some of this before in other forums.

• For a C# smart contract platform (using a language that a ton of people already know well), development community and technical talk in forums is non-existent (look at early Ethereum technical discussions in reddit, there is NOTHING anywhere for Stratis)
• the CEO talks a lot of fluff and provides virtually zero technical knowledge
• there seem to be like maybe 1-2 developers behind it, that's it
• the full node has been downloaded maybe by a dozen people, total number of downloads for all versions is tiny for a top #20 crypto
• virtually non-existent communication from the development team
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video
• Hype about releasing Breeze Wallet pumps up the price months back, then never released, then release hype then delay, months later we get hype again

Also this guy did a really good research on a lot of red flags with Stratis, you should read it:

https://cryptoizzy.blogspot.de/2017/06/stratis-coin-redflags-abound-in-short.html

After Bitcoin, Monero (XMR), maybe Litecoin.  BCH doesn't really have developers.  

Eth?  Something like ~70 Million Ether is pre-mined.  Think about that!  People cringe at Ripple investing saying Ripple itself owns billions upon billions but Ether itself does not have fair distribution.  People speculate that Satoshi might have a million BTC and it could crash Bitcoin in a scenario if he were to come back and sell them but there must be quite a few people who have millions of ether.  Someone selling 100K ether brought the price of it to pennies in GDAX in a flash crash.  There must be lot of people who have 100K ether.  

Also with Eth and smart contract platforms, we need to see at least a couple of killer app that actually do something.  So far NOTHING but hype.  The killer app of the Blockchain/cryptos is currency, so BTC, XMR, LTC are the best option in cryptos until we see real world applications delivered not just hype.

All these predictions from a few months ago 

Banks are going to buy straight from Ripple at a discount not from us.  Plus, there were 2,006,543,234 more XRP released and sold between Jan. 1 2017 and today.  Think about that!  Now add the billions that XRP bagholders can't wait to dump if the price rises to a level where they don't feel they lost too much money.

Yeah, I missed out  buying XRP at $.30 when someone tipped me on ANS was $.55.  I missed so much gains but still got $7.95 NEO.  I don't care about  what's in circulation vs escrow, there are $100 billion XRP total.  In order for XRP to be just $1, the real XRP marketcap would be $100 Billion.  How likely is that?!  Pretty much for XRP to be $1, it's like XRP would have to be larger than the entire crypto space.  

Are to risk money for a 4X gain that seems very unlikely?

It's ok to believe in BCH but you're delusional.  On August 8th you posted that the nail is in the coffin in favor of Bitcoin Cash.  Since then Bitcoin Cash has dropped from $360 to $299 while Bitcoin has grown from $3400 to $4100.  


You also stated that Bitcoin will be dumped for Bitcoin Cash but the Bitcoin Cash is being dumped as evidenced by the price.


You also stated that Bitcoin Cash will gain the majority of the hashpower. What does it have like 2% of the hashpower with miners losing money and Bitcoin Cash holding on to dear life when the last miners jump ship as Bitcoin becomes more and more profitable as price goes up?


The market has decided.  Bitcoin = $4100, Bitcoin Cash = $299.  Do you understand your own words or do you live a delusional la la land?


Almost anytime you dumped BCC for BTC you would have made good money.  It'll only be greater going forward as more money starts pouring into Bitcoin.  I think this kind of posting is dangerous because it makes a lot of people new to Bitcoin believe Bitcoin Cash has equal footing with Bitcoin and could overtake it.  When the fact is Bitcoin Cash is dying and if a few miners leave it, it has no hash power. 

I also doubt these Bitcoin Cash fanatics are actually selling Bitcoin for Bitcoin Cash they are just trying to trick new people to buy BCC to keep it alive.  Be careful.

It surged past $3000 last week and people said wait for it to drop below $3000 to buy.  

Bitcoin pretty much has something that no other coin has -- new investors to crypto bringing in new money, a of whom might never invest in another crypto. 

i bought some for chump change a while ago just for play with penny crypto.  I sold it after I their wallet wouldnt' load anything at all and kept showing 0/0 blocks and I didn't want to leave money in exchanges -- it's loading today when it's $20+ 

Just posted this in another thread but I think it's a combination of...

... fanatical big blockers, the pump and dumpers trying to make a quick buck, people speculating and newbies confused with two Bitcoins with the same symbol with a different angle and a few thousand cheaper. 

Tread with caution.

I managed to buy at $295 and dump at $390 today while working from home before it shot down again. 

There are a few people who are fanatical big blockers, the pump and dumpers trying to make a quick buck, people speculating and newbies confused with two Bitcoins with the same symbol with a different angle and a few thousand cheaper. 

Tread with caution. 

Seems like I just went through all this just today 

Amazing thread of how the XRP cash cow makes Ripple the company rich.  It took me some time to figure this out myself before I dumped XRP.

Yeah, it was great for those XRP investors who got in early and benefited from the speculation.  But those dreaming of $10 XRP or even $1 XRP really need to do their research.   At $1 XRP, Ripple would be bigger than all the other crypto market cap combined!  

A part of the allure is that banks will buy into the platform and need XRP.  But banks themselves need to be convinced to actually adopt XRP and Ripple is going to give it to them at a huge discount because they hold billions of it and they will be the ones who actually sell them on the idea.  Banks aren't going to the market looking to buy XRP.  Plus, they need don't need to hold much XRP at all - that is one of the big selling points of Ripple.  

Also I think XRP  was given away here and there are lots of people who got in early and have TONS of XRP to dump.  Read all the old forums where people said they be rich with $.10 - $.20 XRP prices - a lot of those people regret not selling them at the ~$.30 price point and as do people who bought it at ~$.30.  There is going to be a lot of sell walls at that price plus as noted Ripple itself dumps a lot to generate revenue.  Plus Jeb is going to be allowed to dump billions in the coming years.  

There are Ripple threads almost every day now pumping XRP since people have caught on and XRP stays low while everything moves up.  

The guy who wrote that article I think went almost all-in on Bitcoin and the OP most certainly put in a significant amount in Jan. 5 2011 when the price was $.30.  If the OP put in $100 and held he'd have about $1MM checking the Bitcoin Time Machine.

http://whatifbitcoin.com/result.html?date=2011-01-05&amount=100

The hard thing was hodling over all these years.   I remember all the time I used to lurk these in 2014 and 2015, a lot of people talked with regret about not cashing out when the price was around ~1K. 

Of course XRP is is much much much more scalable.  Bitcoin has to do Proof-of-Work, confirmations of blocks across the network where the entire blockchain is retained to achieve a decentralized and immutable system.   XRP is completely centralized where Ripple the Company decides if you can become a validator on their network or not.  Then you trust these validtors and ultimately Ripple with these transactions.  You trust Ripple doesn't increase the supply of XRP.  A lot hinges on Ripple.  Hell, they have 60 Billion XRP and you trust that they don't flood the market.  The founder himself has billions in XRP and he's allowed to sell a couple billion every year for the next few years I think.  

Yeah XRP scales much better than Bitcoin but what does that have to do with the price of eggs in China?