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References for the new devs/wallet news? And I'm curious, how will a fork be good for increasing the value of MOON on exchange markets?
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Of course, many of these tokens are worthless. But then there are real platforms that do have some value and will be around for the long term.
For example: Bitcoin itself is obviously something that will stay around, if nothing else because of the huge network effects it has Ethereum has major developer support and is partnering with companies like Microsoft and big banks to developer actually useful systems. Monero has a well-established community and supports fully anonymous transactions (unlike many that have an open and easily-readable ledger).
All of these stand in stark contrast to the hundreds of "shitcoins" that exist out there today. ICO tokens that have no value other than raising money for their dubious creators. It's important to make a distinction between these two types of things.
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I'd be surprised of all of these are successful long term. You should add more mainstream altcoins too, like ETH, NEO, OMG, XRP, XMR, and if you're feeling adventures, LSK.
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I used to use BTC for common transactions, but that was like a year or two ago. These days the transaction fees (and subsequently confirmation times for "sane" transactions) are so high that I find it's not worth the effort. ETH transactions were ok until cryptokitties came out, but then it became similar to BTC.
The best options I see now are BCH, LTC, and XMR.
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It was fine for me. I received the same amount of BCH as the BTC that I possessed on August 1st.
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You can dispute the transaction with your bank. They are usually supportive of the buyer rather than the seller, so should be willing to refund your money. Unless the bank is anti-crypto
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Switched from bittrex to binance a while back, and I'm happy I never have to use bittrex again How exactly is Binance better? I've heard good things about Bittrex, so I'm not sure why Binance is such a big improvement.
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I simply cannot take this guy seriously anymore. He's entertaining to watch, but makes crazy promises and tells unverifiable stories of adventures in far-off lands.
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Coinbase is pretty much the only company I would trust that they are definitely not stealing from you They are one of the most trustworthy of exchanges, no matter what you might think of the timing of their BCH launch. Once I had my deposit to CEX.IO delayed by 1 month, but even then they were not trying to steal from me, just very delayed on their team who reviewed financial transactions.
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Coinbase doesn't support Bitcoin Cash yet. Probably the most popular Bitcoin Cash wallet is the one from Bitcoin.com, that's what I'd recommend along with Exodus that was mentioned above.
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20 BTC? That's a lot to trust to a single exchange, and not one of the biggest :-)
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I'm still not quite sure I understand the value of an altcoin that is centralized in the sense that the creator can arbitrarily change its value. This sounds a bit like the US reserve bank, where they can arbitrarily change the interest rates to manipulate the value of the currency It would be great if you could elaborate more on how people will trust an altcoin with this situation. Also, when I visit the "join" link in your initial post, I see the following error message: "This feature is currently under maintenance. We are updating the site to improve your experience. The feature you are currently attempting to access is undergoing enhancements. Please try again soon."
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I started playing, but found it too frustrating because the fees for every transaction were between $5 and $10 USD, and the congestion on the network meant I sometimes had to wait 30-60 minutes for simple actions to complete. Nice idea, but with the network this overloaded it just doesn't feel playable to me.
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TL;DR: If you're paying for electricity, don't mine. Just buy. It's likely that if you try mining while paying for electricity you'll never make a positive return on your investment. Whereas if you just buy cryptocurrency and hold, the price could go up and you'll be laughing
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I would suggest explicitly breaking down this list into two sections - transaction broadcasters, and transaction accelerators.
This would make it more clear what the difference is, especially for newcomers.
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I think ETH at $780 is very likely. BTC at $22000 is probably more likely than ETH at $1000 though.
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1. HODL 2. Trade for altcoins (especially on exchanges that don't support fiat) 3. Swap for ETH to play CryptoKitties
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Like many others, my investment started as something lower - like 10%-20% and thanks to the recent bump in prices it's grown to represent the majority of my assets.
As to putting more money into crypto though, I'm more conservative. I buy a small amount every day (dollar cost averaging) as a passive investment to make sure I'm buying at the average price.
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You're never too late to invest. But which coins you should buy depends partly on your risk tolerance in the short-term vs. long-term.
For example, BTC has been on a rapid rise. If you invest now there's a significant chance it might go down in the short-term, so you would need to wait longer to get your investment back.
If you invest in something like NEO or XMR, it's not as likely to crash (in my opinion) so there's greater potential for short-term growth. But you might not have as much long-term potential with these coins as you would with BTC or ETH.
It's all about managing risk :-)
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There are several tools out there that already support automated trading. The challenge is that the APIs of many exchanges are not very reliable. Take Kraken, for instance. Their website has been barely staying online, and the API usually takes about 10 attempts before successfully registering a trade. So in times of volatility, even a trading bot won't be able to make much headway.
I'm considering making a trading bot that works on a slower time period. One that automatically rebalances my investments, say every week for example. If there's an open source project that does this and is looking for contributors, I'd love to hear about it.
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