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It absolutely is a way to pump a coin up.. I don't think thats maybe the direct cause of the people who created the fork but whales just love the fork buzzword.. since people will attach to free dividends faster than any other thing.. the problem is its only free if youre willing to wait out the rise.. stay in through the dip and wait for it to rise again.. Check out the disrsuption of Segwit2X for example.. it was cancelled after massively pumping bitcoin then just to be implemented again at a later date.. It was valued in futures at over 1200 dollars.. then is now about 5 bucks https://coinmarketcap.com/currencies/segwit2x/ The price of the bitcoin cooked in the gains so you don't really gain anything by holding for the fork unless youre a real long time hodler that doesn't care about the position trades or the ups and downs... Basically as a trader you have 3 choices.. you can take the dividend and not have time enough to dump (since most wallets and exchanges youd collect the fork on arent necessarily where youd want to trade anyways).. you could forgo the fork and sell during the initial pump.. or you could hodl for the last possible block before the fork and dump before others beat you to it. I personally dumped litecoin at 230 because I thought that was as high as it would go, but it could go higher in one last pump before the fork hits, depending on the anticipation (which i think personally will be low). Bitcoin cash and Bitcoin gold were both decent forks if you held bitcoin for a long time and waited for the price of the forks to pump to optimal pricing, but with each fork the community starts to groan a little more.. whats the point of valuing something so high if you have infinite copies of the same blockchain? I don't really agree with that statement, but it does make you think. I'll put some more thought into your comment about pumping the coin up, that certainly would be an interesting approach and would likely be more profitable to the developers over any gains they'd see from the coin at all (if it even gets listed anywhere to sell). I thought about dumping my ltc when it hit 231 too but I had bought back in at 236.74 right before this entire dip happened(I was day trading for a week straight and making good clips per day, about $250 a day, at that point ltc was fluctuating form 235-245 maybe even 250ish.. I got stuck in it. if i dumped at 231 and bought back in at 210ish i could have been back in the game and day trading once again... I do have the same thought that ltc may pump one more time and then dip back again so im waiting and watching.. That is definately the catch 22 with this LCC coming into play because of the whole being locked into a wallet when this fork happens.... the thing with charlie lee claiming its a scam raises my eyebrows thugh becaue of course he doesnt want a fork being named after LTC.... but look at BCC it doesnt seem to be a scam but then again bitconnect was around for a while before it got killed. so who knows.. wild west right I pmd you atrocityx |
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I read about how they want your private key from a wallet that is empty just to verify that you had coins at one point after the fork. Once that wallet is used it def can not be used again. They did not say you cant use that wallet again though so maybe they are hoping people will reuse the wallets dow the line and take the coins you deposit back into that wallet?
I'm on the fence and theres a couple of days to go before the fork they are paying out 10 litecoin cash to 1 ltc
thoughts?
I think personally this is a garbage coin, and isn't well received or supported. Most times when forks happen, whales will use the fomo to run up the price and dump it before the block happens so people are stuck waiting while the price plummets on them. I sold my litecoin yesterday and will buy back after the fork. Charlie himself doesn't support this fork Heres what he head to say. https://twitter.com/SatoshiLite/status/958170338621145089?ref_src=twsrc%5Etfw&ref_url=http%3A%2F%2Fbitcoinist.com%2Fcharlie-lee-labels-litecoin-cash-scam%2F If the creator of litecoin himself is saying that this coin is a scam and a waste of time then I tend to agree. I was thinking that.. everyone gets stuck hodlng the bag as ltc dumps especially since its in a wallet and you have to get it back on the exchange before you can sell, by that time it may already be down. perhaps its a new way to pump a coin up? on the other side of this though I have read that the bitcoin cash fork was done the same way as this litecoin cash fork so I am on the fence about it also, if you do recieve the litecoin cash how can you sell it if it is not on any exchange as of yet!? |
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I read about how they want your private key from a wallet that is empty just to verify that you had coins at one point after the fork. Once that wallet is used it def can not be used again. They did not say you cant use that wallet again though so maybe they are hoping people will reuse the wallets dow the line and take the coins you deposit back into that wallet?
I'm on the fence and theres a couple of days to go before the fork they are paying out 10 litecoin cash to 1 ltc
thoughts?
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is there any way to verify how much the south korean trading is down because of the govt almost banning crypto trading ? im trying to figure out how much lower the south korean trading is down since the gov't started to regulate trading and ho wmany people are waiting for the gov't to give the OK to carry on trading?
there has got to be a way to figure out how much lower the volume of Korean traders who halted trading due to being scared of getting in trouble
There are probably many Koreans who will not trade because of the possibility of the govt banning it regardless if they stepped back they want to know for sure if it's ok to continue so they await the official OK from the govt
Some of you have to know why I'm working on this... Please help I will post the info... In other words if I look back right before s Korea brought up the banks and see the s Korea volume at x amount then check present I'll be able to extrapolate how much the volume will rise when s Korean govt oks crypto trading officially
There are probably many Koreans who will not trade because of the possibility of the govt banning it regardless if they stepped back they want to know for sure if it's ok to continue so they await the official OK from the govt.
if you have any info please post it here this is very important for all of us
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is there any way to verify how much the south korean trading is down because of the govt almost banning crypto trading ? im trying to figure out how much lower the south korean trading is down since the gov't started to regulate trading and how many people are waiting for the gov't to give the OK to carry on trading?
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who knows if it will moon its been getting added to exchanges.. im just patiently waiting for it to be added to binance
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wondering how long coin of the month usually takes to post to an exchange?
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A brand new S9 from bitmain is around $1300, if you are paying $4000 you better ask for some lube while you get bent over. Also from a third party you get zero warranty. Dont do it.
where do go get s9 for $1300 these days ?? LOL YOU DON'T SADLY.... they are way more now.... What does a s9 consist of i went on bit mains website and it doesnt really give you all the specs.... very curious as what they are built off of as I have built high end computers and I'm betting there are ways to get the hash rate sped up to mine faster |
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well it seems blockfolio isnt giving accurate info for pricing this is what i was skeptical about SMH
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Thank everyone i downloaded blockfolio and it does what I need it to! I was skeptical at first because of a lot of other converters not allowing for choosing the exchange your on for correct calculation.
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if i bought storj at 0.0019622 what price is it in USD?
if i bought IOTA at 0.00512136 what price is it in USD?
if i bought XRP at 0.00154500 what price is it in USD?
if i bought XVG at 0.00020751 what price is it in USD?
if i bought XVG at 0.00020807 what price is it in USD?
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I've been having a brain block trying to figure this out. Surely someone has a method that can give an exact figure I just can not for the life of me figure out the method. The prices below are from BINANCE.
(bought ETH at gdax for 737.00 USD) transfered to Binance
Price Filled Fee Total
Storj 0.0019622 100.00 0.10000000 STORJ 0.19622000 ETH
IOTA 0.00512136 44.00 0.04400000 IOTA 0.22533984 ETH
XRP 0.00154500 150.00 0.15000000 XRP 0.23175000 ETH
XVG 0.00020751 48.00 0.04800000 XVG 0.00996048 ETH
XVG 0.00020807 100.00 0.10000000 XVG 0.02080700 ETH
so what would be USD(FIAT) value of each of these coins? and how would i go about figuring it out?
I know there are converters out there. problem is that I need to know what exchange the converters are using to get an exact price otherwise I will not have factual information.
or am I looking at this all wrong???
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On the binance exchange if i buy at market value do i get charged the same trading fees as doing a buy/sell limit or stop limit order? on gdax there's no fee if you buy as a maker(buy/sell limit order or stop limit order). Just want to verify if binance is the same way or its a % regardless if your a maker or a taker?
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if anyone knows please help me out geez.
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can anyone help me on this?
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Hi thanks for the response.. no im talking about converting from IOTA to ETH to USD to figure out the value. I found this place but i dont know what exchange they use https://www.currexy.com/cryptocurrency/converterWhich brings me to a 2nd question is there a converter that allows you to choose which exchange your on so you get accurate conversions? |
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for example if i bought 44 iota how much is that in USD(I know its fluctuating) I searched for a 3 way converter couldnt find anything?
having a hard time trying to convert it and would like to be able to do it fast with a converter any help is appreciated!
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