BTC just spiked. I remember you said it would a while ago, wish I understood this CC market like you do! Could I ask you what no ETH for gas means?
Gas is what's needed to send a transaction out over the Ethereum network (and is essentially just more ethereum, so to send 1 ethereum you'd actually need 1.000001 for instance - this goes to the miners). So by having no Ethereum in the wallet, it meant the tokens couldn't be moved, so people sent the wallet Ethereum in order to be able to move the tokens...but the smart contract the guy had set-up just forwarded that Ethereum on to another account in his control, essentially stealing from the people trying to steal from him. Genius.
Crazy! Do you think there could be any police/market/any other repercussions for this most devious of individuals?
Can't see how as nobody knows who is, and technically they were trying to rob him so can't imagine they'd be too hasty to report him.
I have zero sympathy for the people who got nailed by that, because they were looking to rip someone off. Instant ******* karma.
@reids & maybe anyone else interested there is Crypto/Blockchain seminar at O2 arena tomorrow night that looks quite interesting. Tickets free. Link below. https://www.eventbrite.com/e/crypto...MI_IC63s7S2gIVybvtCh3ubgwkEAAYASAAEgJgfvD_BwE
Me on April 5th: Just need to sell and get out of this game. I can't win. It's all over, the bubble's burst Me on April 20th: I'm so clever. I am such a clever crypto genius.
Call me cynical, but I think the recent surge is a bull trap. I'm keeping the hatches battened down for the moment.
I think it was too strong for a bull trap. It still doesn't mean we can expect straight up growth from hereon in.
I think it's just a correction after going up 35% in less than 3 weeks. Seems to be holding steady around the £440-£445 mark though so hopefully won't go down much further!
Apparently the MtGox trustee has transferred some large numbers of Bitcoin today, about 16k. Previously this caused a significant dip - let's hope that's not the case this time.
I read (admittedly in no detail) that these coins (16k BTC and 16k BCH) were being sold privately and so wouldn't hit exchanges, so shouldn't directly impact the market, apart from the inevitable FUD storm they create. MTGOX - still killing Crypto after 8 years!
For those that like altcoins - I cannot believe how cheap Request Network currently is (hovering around 19p at the moment). I bought over 2000 of them at around 21p each during the Jan/Feb crash as I thought it was under-valued then - but below 20p takes the absolute piss. I'll do a little write-up as to why I think it's such a solid investment for you here, cos i'm nice like that. Request Network (or Req as i'll call it from now on) are aiming to be the backbone of all world trade and will act as a sort of bridge between the real world and crypto. You go into a restaurant and order some pasta. The restaurant requests payment - sending your invoice to the blockchain which you then pay (that then gets submitted to the blockchain). You can pay in any currency (and later any type of crypto). Nobody ever gets your details (such as card details etc) and the fees are minimal (less than 0.05%). This has untold potential - accounting, sending money easily to family and friends around the world (this is a PayPal killer), auditing, taxes etc. Imagine being able to do your taxes just by reading the data on the blockchain, no messing around with receipts etc. Developers can build addons on top of the network to allow for even more use-cases. Unlike most things in the crypto world - Request Network is currently live and operational and has an actual working product. Today they signed a partnership with Wikimedia and Woocommerce (https://blog.request.network/reques...ith-wikimedia-woocommerce-plugin-c598372e9b58) which means Req can be used with all WooCommerce sites (that's currently used on 42% of all E-commerce sites!). They are already on pretty much every major exchange. They're an absolute steal and probably my main pick for 2018 (after eth of course). Further reading: https://fangalbert.com/2018/02/01/what-is-request-network-req-coin-for-dummies-beginners-guide/ https://www.techadvisor.co.uk/feature/internet/what-is-request-network-req-3672223/
@reids I like the look of that and it's worth a hundred quid of my money, from the sale of the ZCL (left over from my disastrous participation in the BTCP fork) Thanks. VEN is keeping me solvent right now.
Further to that my mates dad has an absolutely ridiculous portfolio (over £100k) and is in with a select group of people that are very ITK when it comes to crypto (they invest 100+ eth each into projects). He advised me to buy Holochain (ICO ended Thursday) last week. I forgot and it's gone up 120% in the last 3 days. Invested 0.5 eth today and got back over 500m tokens! It's on Idex which is pretty easy to use. I'll be well chuffed if it hits a penny!
Reids, to invest in the different crypto options is the information at the start of this thread still viable?
Coinbase is easiest to swap £ into Eth and BTC. Binance is now the best exchange for swapping Eth/BTC into the lesser known coins
Thanks for tipping this . Have DMOR and it's something which a lot of people are buzzing about, as a genuine 1000x coin of the future. It could genuinely be a game changer. One to buy, hold and forget about for 24 months and hope it makes it!
Bought - that Idex is a properly **** exchange though. I hope they get onto something more user friendly and with lower fees.
IDEX is actually quite nice as DEXs go. Nothing wrong with it once you work out how it works. Don't touch EtherDelta with a bargepole, though!
Isn't etherdelta just a default dumping ground for erc20 tokens? I have been spoiled by binance maybe and even Bittrex, I quite like
Those exchanges are undoubtedly superior, no argument there. IDEX is very functional and no-frills but it's reliable and it works, plus it basically listed all ERC-20 tokens (like EtherDelta) but without being utterly **** (unlike EtherDelta). I feel comfortable using IDEX (it's the best way to get tokens before they hit a big exchange and pump in many cases) but I won't go near ED. TBIS are working on a new DEX called VORDEX that should be out a bit down the road. I'm invested in TBIS because I see huge value in their product in the future, so I'm keeping a careful eye on it. Titanium is a company run by people who know what they're doing in their field, including agile development practices and correct IT project management, so I expect VORDEX is going to be a killer DEX. Ultimately, I think good DEXes will kill places like Binance. There just aren't any really good ones yet (functional at best), but that'll change.
I actually quite like it (bar the fees!) myself! Just seen this great piece on Request Network that explains it in much more depth than I ever could: https://londonletter.org/request-network/
Not sure what you guys use to track your portfolios, but if you're not already using Delta you're doing yourself a disservice. It's much better than Blockfolio and recently released a desktop app that syncs with your mobile app (i.e. you can add things on your desktop and see it on the mobile or vice versa, or keep a window open on the desktop during the day to monitor prices). https://getdelta.io/
Blockfolio is very buggy. Reids, I owe you a very big pint for Holocoin. 44% in one day is not bad. I'm expecting this to be a 2 year hold though.
Holo hasn't gone up that much in ETH value yet, it's trended only slighty upwards thanks to the increase in value of ETH. Definitely not too late to get in for anyone interested, although if it follows the path of recent ICOs it might dip down a bit in the next couple of weeks after the initial rush wears off. Really good volume on IDEX right now though (for IDEX). Won another ETH this week, putting me at a free 2 ETH this month...free money is a nice feeling in a crap market!
Yeah, apparently they're in no rush to get it onto exchanges. My 0.5 eth I stuck into it is now worth just over 1 eth so i'm pretty happy about that. Might try and trade a bit on it as it's likely to be pretty volatile and as Arakel says - has plenty of volume. That being said whenever i've tried trading in the past it hasn't gone very well!
I will do the same. My biggest successes (And by no means do I believe this is proper trading) has been on coins where I've been watching the performance very closely. I never lost money on NEO but in the end, I sold all at what I thought was a high, but then it just went up another 50% and stayed there. Priced me out. I made money so can't complain, but missed the moon. Ven I learned my lesson. I trade the peaks with 25% of my stack and look for about 2-4% per trade. If price has gone up 10% it's sure to go down 4% again and allow me to buy in more coins. Worked so far at least. I think VEN could go to £20 a coin this year so I don't want to sell them all and be locked out but I do want to accumulate more if possible. Will try similar with Holo
