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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [ANN]Genie-ICO 🌟🚀 Asian Asset Exchange | REFERRAL PAYOUT on: February 14, 2018, 05:17:43 PM
hello guys, I don't have time to research.. can you tell me is there a chance to make money from this ICO? I mean just buy ICO and sell afterwards. thanks
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [VLR TOKEN] | VALOREM FOUNDATION | NICHE E-COMMERCE PLATFORM FOR THE 99% on: February 04, 2018, 12:34:27 AM
Hello, i'm in for the airdrop! Smiley
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 【ANN】【PIRL】【PoW ETH Masternode Asic Resistant】 ►► NO PREMINE - NO ICO ◀◀ on: February 03, 2018, 05:47:33 PM
something's wrong with the transactions.. I cannot send from my wallet to exchange.. It says 0/12 confirmations. and then disappears after like an hour
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO PRESALE NOW OPEN]Ascereum community coin usable and spendable by all on: February 02, 2018, 10:04:53 PM
damn.. sounds like a nice project. I truly hope it is what they claim it is and not a scam.
5  Other / Beginners & Help / Re: Best amount to risk for a beginner on: January 17, 2018, 05:45:22 PM
yeah, it's very good day to buy... unfortunately i bought a few days ago... Cheesy now nothing to buy with
6  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Grandpa always said... CHEAP IS GOOD... Buy cheap, sell high. Thanks granda! on: January 13, 2018, 10:24:58 PM
As I said earlier, I'm a beginner and I tend to watch coins that are rather popular. If I see the coin is a popular topic in the discussion boards and social media, and especially if there are many positive reviews from people, then I tend to believe it has more chances to be successful. If a coin is not popular at all, and hardly anyone heard of it, I won't touch it.

Are there any coins that seemed to be popular and had potential but failed? Please provide examples
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Grandpa always said... CHEAP IS GOOD... Buy cheap, sell high. Thanks granda! on: January 13, 2018, 08:11:11 PM
Quote
research SKY, XPEC and NAV. All cheap undervalued gems.

SKY is currently at ~40$. At the start it cost only 1$ apparently. You think there still is room for exponential growth even from where it is now?
NAV has been around for quite a while and it started off costing just a fraction of a cent. At this moment it's just over 4$. It has already grown A LOT.

I just made these assumptions by looking at CMC charts. I was looking for something like these coins, but still at their early stages
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Grandpa always said... CHEAP IS GOOD... Buy cheap, sell high. Thanks granda! on: January 13, 2018, 06:39:43 PM
Could you suggest any coins to invest in now? If so, what are these coins and why?
I will not blindly follow you, I would definitely research every coin before investing even 100$.
9  Alternate cryptocurrencies / Speculation (Altcoins) / Who Wins and Who Loses? on: January 13, 2018, 04:57:05 PM
Hi everyone, I'm new in this forum as well as in crypto. I've been reading, researching and learning. I have one fundamental question which I hope someone will answer for me.

So there are lots of different coins and tokens, some of which do pre-sales. In most cases a coin starts low. A dollar, a cent or even fraction of a cent. And then BOOOOM they skyrocket in value.
My question is: Where does that value come from? In case of a good ICO, every investor as well as the owners (creators) benefit massively when the price goes up 100x, 1000x or more. This isn't a bank, the money doesn't appear from thin air, something has to compensate it, right? So if everybody wins, who loses?

Thank you.
10  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Grandpa always said... CHEAP IS GOOD... Buy cheap, sell high. Thanks granda! on: January 13, 2018, 04:47:37 PM
There are many many many coins, and they all may seem promising... I think 50% is luck and 50% is doing research and making the right choice.. I like this thread because I'm new to cryptocurrency and I don't have a lot of money to invest, so I am doing exactly this. Looking for coins that are cheap and that have a potential to grow exponentially. Because there is no point for me to invest under 1000$ in Bitcoin or Ethereum and expect gains just as quickly. Although it may be possible, right? Still, much better chances are in new coins, especially ICOs
11  Other / Beginners & Help / Re: Help a noob with exchanges on: January 13, 2018, 01:19:32 PM
Thank you for the tips. Glad I joined this forum Smiley
12  Other / Beginners & Help / Re: Help a noob with exchanges on: January 13, 2018, 10:32:51 AM
Well, honestly I didn't understand too much from their whitepaper, but what I could understand, that they have a rather unique idea of mobile mining, which is rather controversial. But I tend to look at what other people say about a coin than use purely my own judgement. I read forums, and if there are more positive opinions than negative about a coin, I believe it has a chance of becoming successful. The reason I chose ETN, and not to invest in BTC or other big brothers, is because I'm looking to multiply my investments like 10x or more.. And the way I see it, new coins have the potential to do it. ETN is trading at 0.17$ as of today, that's 17x increase from the time of ICO. And I believe this is just the beginning. With BTC and other big coins you couldn't expect 10x gains, right? Of course I'm aware of the dangers and I know everything can go the opposite way any day.

Now i would like to make another purchase of around £100 or £200 soon, just don't know what I'm going to buy.. I hear many people say Cardano (ADA) is going to be successful. Maybe I will get hold some of these.

BTW, is there a thread or a list somewhere with all the new upcoming ICOs? From what I have gathered so far, you can make a lot by investing in a good ICO.
13  Other / Beginners & Help / Re: Help a noob with exchanges on: January 13, 2018, 05:37:44 AM
Thanks for the answer.
As far as I understand, Cryptopia is based in New Zealand and they only accept NZ dollars. But wait, I was able to deposit USD into my CEX.io account using UK debit card with GBP in it.. Are you saying I could've deposited that money straight into Cryptopia account and it would've been converted into NZ currency for me? If that's the case, then yeah, I screwed up
14  Other / Beginners & Help / Help a noob with exchanges on: January 13, 2018, 05:06:15 AM
I posted this in Altcoin discussion but no one answered and the post got moved to 2nd or 3rd page... So I'm reposting this here as I really need the answers because I'm about to buy more coins

Hello guys, I'm new to this forum and to cryptocurrency overall. I got interested in crypto several months ago and have been following a few coins and ICOs. One coin that got my attention is Electroneum (ETN) and I have mined a few dozen coins since, but now I decided to buy some. This was my first crypto purchase and I kind of had success buying it BUT... The costs of depositing money from card and other transactions summed up to be very high. Or at least to me it seems high.

Cryptopia is the only exchange that has ETN so I registered an account with them. I used CEX.io to deposit $120 (124 with charges) from my card and only then noticed that I could've deposited GBP (Which is the currency I hold). Anyway, I then proceeded to buy some BTC and because this was my first time I don't know whether I did everything right. On CEX.io I found 2 options. the first was BUY/SELL tab and the other was TRADE.

1) First question. Am I correct thinking that BUY/SELL is to buy BTC straight from the exchange at a predefined price, and TRADE is to buy from other people at prices set by those people?

I used the TRADE tab and under this tab there were two sub tabs: LIMIT and MARKET. At this point I didn't really know what I was doing, I just wanted to get hold of some btc. I used MARKET there was a title INSTANT BUY BTC where I entered the amount of dollars I had which is 120 and it calculated the amount of BTC I will get. I proceeded. After the transaction was complete I checked the amount of BTC I had purchased and according to google's BTC to USD converter, my BTC was now worth only 109$ (And I had totally paid 124$).

2) I believe it is possible to play around with the above options for better rate? Do you think I overpaid? I really need help with this one guys.

Then obviously I wanted to withdraw the BTC into my cryptopia account and I was in for a surprise. It wouldn't let me proceed: "The minimal amount needs to be 0.001 BTC" That equals to around 120$ as of today... So I was left with no choice but to deposit more. This time I deposited 48 GBP (50 was charged because of the commission). I used the same process as above to buy more BTC.

3) Is there a difference between buying with USD and GBP? The deposit price was the same for both at 3% or 3.5% + 20p or 25c.

Now I was finally able to send my BTC to cryptopia. Bastards charged 0.001 BTC for withdrawal which is ~13$. In total I had spent 124$ + (£50 = 68$) = 192$ for 0.01203240 BTC which is now equal to around ~160$. All the transaction fees had cost me around 30$ just to get some BTC sent to cryptopia..

In Cryptopia, I finally bought 1000 ETN coins ... Had I not missed the ICO, this amount of coins would've costed me just 10$ But like I said, of the several projects that I'm following, this one seems promising and not just for me, I read what others say too. So I will just put those coins aside, And hope they will increase in value.

In the meantime,  I really need to sort the above stuff out because I can't afford this... I don't have thousands to play with, a hundred or two is the most I can get to spend for this per month. And 30$ in taxes seems ridiculous for such a small amount of BTC. Or maybe it's normal? Are there better cheaper exchanges out there? I read they all suck more or less and no exchange is perfect. Also I didn't like the limitations for the withdrawal. What If there's a new coin and I only want to invest like 50$? CEX.io won't let me do it. Please answer my questions and let me know what you think. General advice would also help Smiley
15  Other / Beginners & Help / Re: Best amount to risk for a beginner on: January 12, 2018, 05:49:59 PM
I just started and I am willing to invest amounts that I actually CANNOT afford to lose.. But I have been losing that amount and more to dope and gambling for the last few years and now that I quit, I decided to enter crypto world. Wish me luck
16  Alternate cryptocurrencies / Altcoin Discussion / Help a noob with exchanges on: January 12, 2018, 05:43:52 PM
Hello guys, I'm new to this forum and to cryptocurrency overall. I got interested in crypto several months ago and have been following a few coins and ICOs. One coin that got my attention is Electroneum (ETN) and I have mined a few dozen coins since, but now I decided to buy some. This was my first crypto purchase and I kind of had success buying it BUT... The costs of depositing money from card and other transactions summed up to be very high. Or at least to me it seems high.

Cryptopia is the only exchange that has ETN so I registered an account with them. I used CEX.io to deposit $120 (124 with charges) from my card and only then noticed that I could've deposited GBP (Which is the currency I hold). Anyway, I then proceeded to buy some BTC and because this was my first time I don't know whether I did everything right. On CEX.io I found 2 options. the first was BUY/SELL tab and the other was TRADE.

1) First question. Am I correct thinking that BUY/SELL is to buy BTC straight from the exchange at a predefined price, and TRADE is to buy from other people at prices set by those people?

I used the TRADE tab and under this tab there were two sub tabs: LIMIT and MARKET. At this point I didn't really know what I was doing, I just wanted to get hold of some btc. I used MARKET there was a title INSTANT BUY BTC where I entered the amount of dollars I had which is 120 and it calculated the amount of BTC I will get. I proceeded. After the transaction was complete I checked the amount of BTC I had purchased and according to google's BTC to USD converter, my BTC was now worth only 109$ (And I had totally paid 124$).

2) I believe it is possible to play around with the above options for better rate? Do you think I overpaid? I really need help with this one guys.

Then obviously I wanted to withdraw the BTC into my cryptopia account and I was in for a surprise. It wouldn't let me proceed: "The minimal amount needs to be 0.001 BTC" That equals to around 120$ as of today... So I was left with no choice but to deposit more. This time I deposited 48 GBP (50 was charged because of the commission). I used the same process as above to buy more BTC.

3) Is there a difference between buying with USD and GBP? The deposit price was the same for both at 3% or 3.5% + 20p or 25c.

Now I was finally able to send my BTC to cryptopia. Bastards charged 0.001 BTC for withdrawal which is ~13$. In total I had spent 124$ + (£50 = 68$) = 192$ for 0.01203240 BTC which is now equal to around ~160$. All the transaction fees had cost me around 30$ just to get some BTC sent to cryptopia..

In Cryptopia, I finally bought 1000 ETN coins ... Had I not mossed the ICO, this amount of coins would've costed me just 10$ Cheesy But like I said, of the several projects that I'm following, this one seems promising and not just for me, I read what others say too. So I will just put those coins aside, And hope they will increase in value.

In the meantime,  I really need to sort the above stuff out because I can't afford this... I don't have thousands to play with, a hundred or two is the most I can get to spend for this per month. And 30$ in taxes seems ridiculous for such a small amount of BTC. Or maybe it's normal? Are there better cheaper exchanges out there? I read they all suck more or less and no exchange is perfect. Also I didn't like the limitations for the withdrawal. What If there's a new coin and I only want to invest like 50$? CEX.io won't let me do it. Please answer my questions and let me know what you think. General advice would also help Smiley
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