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Trouble is that the market is starting to read this as a ponzi scheme regardless of what the reality is. I can see Steem price go below $2 in the short term. The outlook is not great, and the fact that average content quality remains mediocre doesn't help.
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I have used bittrex and bitfinex. Bitfinex has more sophisticated analytics for an advanced trader type, but bittrex has decent execution and (so far) acceptable withdrawal times. And bittrex has very broad asset pairs that you can take a bite into.
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What kind of content do you need, and how much are you thinking of paying for the work?
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I hate to say it as I liked the premise behind the project, but steem looks pretty done.
Time for Synereo to step up to the plate and take this forward
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I predict a $1.50 to $2.00 range for the next few days until new mining capacity makes a play and hits the scene
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Get familiar with z-cash. I have been tracking it for a while and think it's gonna be massive https://z.cash/ |
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I use multiple paper wallets to store the bulk of my bitcoin holdings. The rest balance that I need for purchases and transactions I hold in my blockchain.info wallet.
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What's the logic for buying NXT at the current level?
What is the likely near-term trigger for a big move there?
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The bandwagon is in town and is rounding up both the blue and the red team. Seriously though, I wonder how many of the ETC buyers have been BTC maximalists shitting on the Ethereum core project
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Right now, the trading momentum is with Classic although I have a feeling that in the long run the vested interests behind the hard fork might yet win by coordinating the miners to 51% Classic. Longer term the uncertainty is no good to either ether thread as devs will not know which blockchain to build on
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Probably Dogecoin and Litecoin as I cannot for the life of me conceive of why they deserve to exist. Zero standalone, unique utility. No differentiation. Slow death, ceteris paribus.
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ETC is now at $1.23. That's amazing and is likely to continue in US time when they jump on this bandwagon as well. Key thing to track is how much hash power now follows to ETC
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Bitcoin, as gold used to be in the past, is proof of work-based money. Maybe the judge in question needs to read up on his Austrian economists.  |
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I like the fact that the Bitcoin Core Dev team have always taken a conservative approach despite outside pressure, and have held immutability and decentralisation up as key features of the network. This is critical.
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I would swap the Monero into BTC and buy something digital online. But I guess that is a violation of the spirit of the exchange if not quite the letter? Alternative is to hoard it and wait for more utility use cases to emerge
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I like that Coindesk is a focused resource that only covers blockchain. I am somewhat tolerant of these marketing spiels as I get that they need to figure out a viable revenue model (which is tricky as the number of readers of blockchain related content is still relatively small)
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Stay out if you are not already is, is good advice. There is a strong ideological element to the schism we are seeing in Ethereum right now that transcends the investment/RoI angle. As a pure financial investor, it may make sense to sit this out if you believe actors will not act in a purely, rational manner
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This whole thing is getting murkier by the minute. If he funded the damn thing, then why is he threatening to 51% attack it. I need to sit down and rest. And yes, ready the popcorn.
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I currently have around ~ 20% of my total liquid assets in BTC and related crypto assets. I would like to take that % up to between 33% and 50% over the next 12 to 24 months
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