Soul_eater_123
Legendary
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Activity: 952
Merit: 1000
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July 10, 2016, 07:05:14 PM |
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"I made $1,000 in poker this month, I should have not played poker and kept my money in bitcoin because I would have made $1,200 if I kept my cash in bitcoin... since I have to convert my money to bitcoin to get it on the poker site"
So you actually lost money by playing poker compared to just holding bitcoin. Why not just keep it as bitcoin then? Exactly! Because what I wrote above is not true. I would have lost money keeping my cash as bitcoin. I moved it on the poker site when bitcoin was $740. The point is, you're Risk/Reward equation is going to be out of control if you use bitcoin for your investment decisions. But its all good, we all have our own style. You can do yours in terms of bitcoin, I will use USD. I think you misunderstand. Whether thinking in fiat or not people would have had more dollars, pounds or whatever if instead of joining the ICO they had kept their BTC as BTC. They would have had even more if they had then bought WAVES when it hit 21K after the ICO rather than buying it during the ICO. That is the point I'm making. Saying that you are up in fiat terms is way of putting positive spin on the situation but it doesn't change the fact that buying into the ICO actually resulted in a loss. I do understand that you are saying that you don't normally keep much BTC and only buy it to purchase alts or gambling tokens but I think you are in the minority. I (and I suspect many others here) keep a balance of bitcoin and altcoins all the time in preference to fiat money. If I hadn't bought into the ICO those Bitcoins would have just stayed in my wallet and risen in value. Anyway as WAVES moves forwards this will become less important. The potential here is huge as many of us know.
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Reaper3
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July 10, 2016, 07:14:00 PM |
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Is there a good short and long term marketing plan?
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cohnhead
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July 10, 2016, 07:17:28 PM |
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I calculate my gains and losses in terms of fiat too. I do not calculate in terms of bitcoin. I would never hold all bitcoin, that is just risky. When I make a crypto investment decision I do take the conversion to bitcoin into account though. I do not think, "well if I kept all bitcoin I would be up more" that also would increase my risk. Anyway, I make decisions based on fiat, and calculate gain and loss that way.
I'm proud of you How did you buy WAVES using fiat? I used bitcoin, I just take the conversion fee into account. while measuring profit and loss in terms of fiat works and may mitigate risk if your dealing in usd...it would suck if using Venezuelan peso for sure. I for one, like to measure profit and loss against btc.
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outfitsoul
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July 10, 2016, 07:27:15 PM |
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I calculate my gains and losses in terms of fiat too. I do not calculate in terms of bitcoin. I would never hold all bitcoin, that is just risky. When I make a crypto investment decision I do take the conversion to bitcoin into account though. I do not think, "well if I kept all bitcoin I would be up more" that also would increase my risk. Anyway, I make decisions based on fiat, and calculate gain and loss that way.
I'm proud of you How did you buy WAVES using fiat? I used bitcoin, I just take the conversion fee into account. while measuring profit and loss in terms of fiat works and may mitigate risk if your dealing in usd...it would suck if using Venezuelan peso for sure. I for one, like to measure profit and loss against btc. Yeah for sure, we all have our own style. Sasha's style was using USD to set up buy walls. His reasoning was like mine. He put up the buy walls at the USD price. The funny thing is, I bet if bitcoin went down, he would have set up buy walls in terms of bitcoin, cause this would work in his favor. hahaha bitcoin goes from like 650 to 580 in 2 hours. Then 580 to 700. I do not use bitcoin to calculate my Risk/Reward. I use USD. I guess I am a conservative type. 20% price movements in a day is nuts.
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Soul_eater_123
Legendary
Offline
Activity: 952
Merit: 1000
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July 10, 2016, 08:07:57 PM |
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That someone was "placebo" so it doesn't really count anyway. Not even placebo believes what he posts.
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Thereisnospoon
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July 10, 2016, 08:23:38 PM |
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That someone was "placebo" so it doesn't really count anyway. Not even placebo believes what he posts. Haha -poor "placebo"
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kaltun
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July 10, 2016, 09:43:07 PM |
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waves at yobit ==> 24V: 0.03 BTC
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Vagnavs
Legendary
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Activity: 1121
Merit: 1003
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July 10, 2016, 09:43:22 PM |
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Hi @Twiggy! I have two questions:
1. Full node release end of next week still stands? 2. How is the hiring of new devs going? Will you be able to complete the milestones on your Roadmap with the current team even if you cannot hire more devs? It's common knowledge that there are max. 20 excellent blockchain devs in the world so it wont be easy to hire any.
Thanks.
I'd like to know the answer to the first question as well.. Is there a drop dead date for full node release? Such as Friday 15.
Hi @KoinMaster and @Vagnavs! I have two answers for you: 1. For now yes. Devs are aiming for next weekend. 2. I think the new/additional professional employees will always be a valuable source of knowledge for any company. Yes, we are looking for new employees. Why not? Yes, we are able to cope with the tasks assigned with the current staff. How about a dropdead date on the full node release? We've been told different things. It would be nice if the team said it would be done by July 15 etc. Thank you, Brian
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Avalanche is a must own
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Reaper3
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July 10, 2016, 09:47:34 PM |
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Where is the team??
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helloeverybody
Legendary
Offline
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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July 10, 2016, 10:02:52 PM |
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I will be looking forward to the full node release next weekend. Hopefully all goes well and it gets released, it's a major step for waves if it's going to get listed on a few new exchanges.
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tipto
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July 10, 2016, 10:15:01 PM |
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Hi guys! What is good ICO. I new. I want to participate in ICO.
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outfitsoul
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July 10, 2016, 11:05:08 PM |
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Hi guys! What is good ICO. I new. I want to participate in ICO.
At this point in time you are better off buying in after the ICO ends. For instance, you can buy waves and Rise cheaper than ICO prices on bittrex. Or you can do the dump and buy back scheme. I ditched waves at 34 and bought back in low 20's I ditched Rise at 18 and do not want to buy back in. Have fun. Don't loose your money. Good Luck. Careful taking advice here, people will lead you in the wrong direction. Research a coin and if you really like it buy into it, or wait till it hits the market cheaper.
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Kryptrader
Newbie
Offline
Activity: 4
Merit: 0
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July 10, 2016, 11:16:25 PM |
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Hi guys! What is good ICO. I new. I want to participate in ICO.
At this point in time you are better off buying in after the ICO ends. For instance, you can buy waves and Rise cheaper than ICO prices on bittrex. Or you can do the dump and buy back scheme. I ditched waves at 34 and bought back in low 20's I ditched Rise at 18 and do not want to buy back in. Have fun. Don't loose your money. Good Luck. Careful taking advice here, people will lead you in the wrong direction. Research a coin and if you really like it buy into it, or wait till it hits the market cheaper. I agree.. ICO's are pretty much dead. dont invest unless you know what you're gettng into. and never invest more than what you can afford to lose
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Smolko
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July 10, 2016, 11:18:44 PM |
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waves at yobit ==> 24V: 0.03 BTC yobit = scam.
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TravelsAsia
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July 10, 2016, 11:20:51 PM |
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waves at yobit ==> 24V: 0.03 BTC yobit = scam. It's small but nevet had a problem with them.
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Soul_eater_123
Legendary
Offline
Activity: 952
Merit: 1000
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July 10, 2016, 11:57:03 PM |
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waves at yobit ==> 24V: 0.03 BTC yobit = scam. It's small but nevet had a problem with them. That's how they get you. It all works fine for most people although there are rumblings of certain markets being locked, support tickets going unanswered and just odd shenanigans but you don't have any problems yourself so you keep using them. Then BAM! One day they are gone.
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Trade_BTC
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July 11, 2016, 12:25:44 AM |
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One exchange for this huge ico was so poor planning I'm not happy at all with the direction. Poloniex should have been a must or otherwise delayed the launch. Hate to beat a dead horse but it was a huge let down. The fact they still haven't listed it is jaw dropping and totally fucked up tbh.
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Soul_eater_123
Legendary
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Activity: 952
Merit: 1000
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July 11, 2016, 12:34:48 AM |
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One exchange for this huge ico was so poor planning I'm not happy at all with the direction. Poloniex should have been a must or otherwise delayed the launch. Hate to beat a dead horse but it was a huge let down. The fact they still haven't listed it is jaw dropping and totally fucked up tbh.
Yes with hindsight holding off launch until several exchanges including Poloniex and possibly some popular Chinese exchanges were involved would have been better. A small exchange like Bittrex is too easily manipulated and just does not get enough traffic to benefit from the ebb and flow of volume that larger exchanges get. Just witness the long dead altcoins from 2014 that have been pumped recently as investors desperately try to exit from ether/DAO and also due to the pre-halving jitters over BTC. WAVES could have benefitted greatly from that. I can also sympathise with Sasha and the rest of the team - holding off the launch would have resulted in much anger and flaming from the ICO flipper brigade who just wanted to sell their WAVES ASAP to move on to the next ICO. It was a difficult situation and they gave in to pressure from the flippers. Unfortunately what's done is done and it seems things are gradually moving in the right direction.
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darslander
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July 11, 2016, 12:59:46 AM |
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when will be good news from waves team to see price like lisk first. Now we see only 33k and no more
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