To start off, I'm seriously disappointed with the lack of good trading advice around here. I know there are newblets out there that would take advice word for word, but please be diligent and do your own research as well before investing! I will try and list the coins that will receive the highest price rises, as well as overall any coins that might be expecting a pump. I myself have made a a few hundred(close to 300) BTC from trading altcoins from when I began in September of last year. Thanks For the record, I am not Come-from-Above, I choose this name to make fun of his name.
Trading Advice(Last Updated:Today)
. XC's Blocknet feature(internet or web 3.0 for blockchains) has been announced and it's ITO to take place on 10/29/2014(7 days from now). There will be a large pump during this time.
. Monero's GUI is scheduled for the end of this year or next, based upon what I've read. Make sure to buy in close to that time.
. Dogecoin has been scheduled to be added to Paypal within the coming months(as will Bitcoin). Make sure to buy in as soon(or before) as Paypal releases the news that it has added Dogecoin as a currency to their system
. More coming.
Currency Buy In Price Sell Out Price % Profit
.Will Update
Coins I hold: Bitcoin, Dogecoin Coins I will buy within the next few days: XC Coins I will buy within the next few weeks: XMR
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The overall point is, that this is a chance to make money. I haven't invested yet and will a few days before the ITO starts, but people "going against" the blocknet idea are idiots. Let them be, after all 95% of them don't make any money. The arguments are not supposed to come before, but after.
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The trick is to invest early/when the price is stagnant or going down. Most idiots don't and always end up losing. Invest early and when a alt coin has an announcement for upcoming features, and try to make a educated guess on what the top will be during the price rise.
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IT's a trainwreck. group chat doesn't work. Most of the time it's only released for windows even though they're selling the TOR stick. That's a ridiculous opinion. What do you expect of a release for early testing? Not trying to raise $1,000,000 to expand the project that still isn't working and hasn't been released (to use your own words) As long as the funds are put to use on what matters(development), then that's fine. Honestly, how does one expect developers to work on a coin without much funding? I'm assuming that human beings still rely on water, food, nurishment, etc, and all of those things require money, which is money they could be making not developing coins, 9/5 job hello..
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Very good for Monero.
how so? I don' believe it's over. Until one coin(I'm betting on Monero) reigns supreme completely, then it's not over and there's always going to be new coins coming out offering blah blah, an people buying/pumping/dumping them. thing is - look at darkcoin. Reigned supreme as the earliest and it's dumped even though they've open sourced. XC - PoS 100 day POW closed sourced shit. Moved on to building the blocknet and incorporating their own company. Doing literally anything they can to pump the price and it's still dumping. Out of the top 20. BTCD - Dumping even though work on the SuperNET continues and BTCD is going to be the "backbone" The number of primarily anon coins in the top 20 is falling off. XC will continue dropping spaces (closed sourced anon doesn't belong in the top 20). I expect BTCD to drop more. The trend seems bearish for anon coins IMO. Maybe the point is that the market is more rational about picking winners in a bear trend than in a bull / bubble trend? Maybe the point is that the market is more rational about picking winners in a bear trend than in a bull / bubble trend? - I guess that's true. This could also be due partly to Bitcoin's bearish status lately. If Bitcoin spikes up(as it did in May, also when DRK hit it's ATH, and Monero shortly after in June), then I suspect the fad will be "reborn". I might be completely wrong however, but I think until a clear winner has taken place, the whole anon craze is going to continue.
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You can 'hear hear' all you want but also "- BlockNET real value SHOULD equate the total combined value of every coin, mathematically, practically is another story, but still there is not promise out there" is idiotic. It's not like you take-over each of the participating coins and their intrinsic value becomes Blocknets value. This is just plain retarded. You're just trying to copy Supernet's idea and try to make some money in between. At least Supernet's assets are backed by a 10% buy in, which DOES give it an intrinsic value. You are just talking crap about that Blocknet's value is derived by it's so called 'incredible utility'. This is fine and all but you need to prove that first. Stating that mathematically (or practically) the value should be equal to the combined value of the participating coins is just a complete SCAM where you try to screw people over by luring them with a fictional ROI. And I'm not stating anything about the concept or the technology, I support that, but the way you try to make money is just, well... Shame on you... There are at least three fundamental differences between the Blocknet and Supernet: - XBridge is not an RPC call protocol, it's a true P2P protocol - There's no central or core currency, unlike SuperNET, which uses BTCD for this - Joining the Blocknet does not involve 10% of a coin's money supply being bought and centrally controlled Shame on you I want to clarify, that although without some sort of tangible proof-of-concept I believe this is purely a vehicle for market manipulation, I also fully support this project and will be following it closely. Personally I'd love some proof-of-concept code to be released prior to the ITO. Part of the XBridge code is actually completed so this might be possible. Regardless of that, the XBridge protocol is based on the Xnode protocol that XC uses. If anyone is worried about development talent or the ability to deliver, take a look at XC's timeline. Now pool all the developer talent from all the participating coins. This code will get nailed down good and proper. I have to agree with mxxxxxx overall, However, I believe having one currency as the central core or group of currencies that compose the core would be better than, "There's no central or core currency, unlike SuperNET, which uses BTCD for this"Keep in mind this statement isn't true. SuperNET doesn't rely on BTCD. BTCD is simply the flagship coin that offers the Teleport technology. SuperNET can be run standalone and will do that along with being embedded into the core coins wallets. SuperNET actually runs on the NXT blockchain Ah. In that case then I'd have to believe that having a core group of currencies that offer special features(anonymity, web "3.0, etc) would be best or some sort of ranking system like I proposed in my prior post.
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I have to agree with mxxxxxx, a central core or group of currencies that compose the core however, might be best.
What advantages do you see in a centralised approach? The Blocknet is open and democratic (non-centered) because it needs to be an open and indefinitely extensible framework. After all, why go through a core currency network when all of them will work just fine? I though of that after a while in the future(having a core group of currencies), in the blocknet would become diluted? If every currency was equal, then ones without features could be added and not provide any extra service that coins with features(XC) would provide. Also having a core woul act as an incentive o obtain those currencies. Maybe it could go by a decentralized ranking system, where currencies that contribute the most are placed in a higher pecking order in the blocknet, solving the issue of incentive to buy those currencies and dilution?
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Very good for Monero.
how so? I don' believe it's over. Until one coin(I'm betting on Monero) reigns supreme completely, then it's not over and there's always going to be new coins coming out offering blah blah, an people buying/pumping/dumping them.
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You can 'hear hear' all you want but also "- BlockNET real value SHOULD equate the total combined value of every coin, mathematically, practically is another story, but still there is not promise out there" is idiotic. It's not like you take-over each of the participating coins and their intrinsic value becomes Blocknets value. This is just plain retarded. You're just trying to copy Supernet's idea and try to make some money in between. At least Supernet's assets are backed by a 10% buy in, which DOES give it an intrinsic value. You are just talking crap about that Blocknet's value is derived by it's so called 'incredible utility'. This is fine and all but you need to prove that first. Stating that mathematically (or practically) the value should be equal to the combined value of the participating coins is just a complete SCAM where you try to screw people over by luring them with a fictional ROI. And I'm not stating anything about the concept or the technology, I support that, but the way you try to make money is just, well... Shame on you... There are at least three fundamental differences between the Blocknet and Supernet: - XBridge is not an RPC call protocol, it's a true P2P protocol - There's no central or core currency, unlike SuperNET, which uses BTCD for this - Joining the Blocknet does not involve 10% of a coin's money supply being bought and centrally controlled Shame on you I want to clarify, that although without some sort of tangible proof-of-concept I believe this is purely a vehicle for market manipulation, I also fully support this project and will be following it closely. Personally I'd love some proof-of-concept code to be released prior to the ITO. Part of the XBridge code is actually completed so this might be possible. Regardless of that, the XBridge protocol is based on the Xnode protocol that XC uses. If anyone is worried about development talent or the ability to deliver, take a look at XC's timeline. Now pool all the developer talent from all the participating coins. This code will get nailed down good and proper. I have to agree with mxxxxxx overall, However, I believe having one currency as the central core or group of currencies that compose the core would be better than, "There's no central or core currency, unlike SuperNET, which uses BTCD for this"
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What should be explained is: The most profitable way to enter the blocknet(What coin to buy to get blocknet shares).
On the day of the ITO, any participating coin will get you the same discount: 10% off. And XC is the base for the blocknet right?
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What should be explained is: The most profitable way to enter the blocknet(What coin to buy to get blocknet shares).
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I havent seen much post about using XC instead of btc to buy into the blocknet, that'd get you 10% more shares/
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So, Bittrex holds the 2500 btc?
Hm. Good luck with that (mintpal)
Mintpal failed because of it's ownership being transferred/bought to/by "Alex Green", a scammer, of Moolah.io and of course, their failed migration to V2. I wouldn't compare Bittrex to Mintpal.
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IPO/ITO/ICO/, if done correctly usually make quite a bit of $, if even at the beginning, for those that bought in.
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I've been saving up my btc for this since the past few days(havent spent any).
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Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.
This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated. If XC is spent, its price won't decrease at all. People won't sell XC for BTC. They'll sell XC for Blocknet tokens. Paying in XC offers a 10% discount so no one should sell XC for BTC to invest, they would do the opposite to acquire more shares. Oh I didn't know that you get a 10% discount from using XC to buy shares...Was going to use XC anyway to get the shares.
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Do you accept XC as payment for shares in the blocknet?
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"We do not know Ryan's current location, and he is unfortunately the only one with access to customer funds." - Mintpal, twitter. https://twitter.com/MintPalExchange/status/523939006988701696Ryan is probably on the run/cashing out. This is disgusting, everyone at Moolah.io needs to be prosecuted to the highest extent, I'm sure the other members knew better than to allow 1 guy access to the customer funds...They're probably all in on it.
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I think I should rent my signature out for Bytecoin again!
Yes, I think so - Put (nearly) whatever you like in my signature on bitcointalk for a week, for 10.0 BTE. PM to make an offer. Are you talking to yourself? Sorry but that post is Hilarious.
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