Bitcoin $781.41
- Thread starter MadJack
- Start date
not at the moment
http://support.ledgerwallet.com/kno...oins-are-supported-by-the-nano-s-and-the-blue
btw Ledger is part of the Trusted IoT Alliance as is Iota https://www.trustediot.org/
i have been day trading that Iota and it fell from $0.40 to $0.15 and now it's back in $0.30.
managed to push my avg price under $0.17, so it's looking good at the moment. It probably
goes back down (i hope) to ~0.15. , gonna buy some more and hold.
I doubt it's gonna skyrocket anytime soon, or never... max $3 imo, but it's good for day trading.
Thanks for all the information Woodson :0008
I think you either day trade or don't look at it at all. My 15k down to about 6.8k- but I'm riding this one out. If it were in an online checking account it would be pretty much sitting dormant so I'm hoping in the years to come it's +EV.
This article has been updated on June 21st
it's compatible as 1 ETH address can store all erc20 tokens. Use MEW MyEtherWallet to transfer to your device.
Great trading above :0074.
Last edited:
- Feb 26, 2001
- 13,593
- 164
- 63
thanks for the correction, i thought MEW was just soft wallet for erc20
still waiting my Nano Ledger S and all my funds are in exchanges... :nono:
yeah, i took that cheaper mailing option...
Rare pepe cash on bitcoin blockchain..
Rare pepe cash on bitcoin blockchain..
22 different series to choose from....ground floor opportunity...
http://rarepepedirectory.com/?page_id=122
Rare pepe cash on bitcoin blockchain..
22 different series to choose from....ground floor opportunity...
http://rarepepedirectory.com/?page_id=122
Gold vs Bitcoin...objective read..
Gold vs Bitcoin...objective read..
Gold bugs are rarely, if ever, bearish on gold. To them, it?s the only real currency in a world of money-printing central banks endlessly devaluing their fiat (that is, paper) currencies. There are few people who believe so fervently as gold bugs.
But bitcoin fanatics come pretty close. These folks believe that this decentralised digital currency is the ultimate means of easily transferring value without the need for centralised entity, intermediary, or central bank. Bitcoin is a libertarian dream.
Now, given that gold bugs and bitcoin fanatics share a common desire ? a completely independent store of value ? and a common enemy (central banks), you?d think they might be the best of friends. But they?re not.
In fact, they?re more like dogs and cats ? or chalk and cheese. They don?t mix well, at all.
I know this because I?m privy to a private mailing list that?s run by an old family friend who?s a consigliere of one of Hong Kong?s wealthiest families. He, along with a couple dozen business and financial gurus and veterans, some with names you recognise, share their investment ideas and opinions on all things related to global finance and investing.
And recently the topic of cryptocurrencies and bitcoin came up. After watching carefully thought-out emails travel back and forwards within the group, I drew a few conclusions.
Gold bugs don?t like bitcoin
Most of the guys (and they?re almost all men) on this email list are grizzled investors, and they like their gold. To be precise, their physical gold. They dismiss bitcoin as a fad, a craze, all hype and no substance.
As I said, bitcoin is frequently compared to gold. They?re the only two widely distributed, decentralised methods of exchanging value as currency. There is no central authority issuance like there is with U.S. dollars or any other fiat currency.
Neither bitcoin nor gold can just be ?printed? at the push of a button by an anxious central banker. You have to either earn your gold by mining it ? which is what you do to mine bitcoin, but with computers instead of picks and shovels ? or you can pay cash for it.
But for the gold bugs, there?s no substitute for being able to see, feel and carry their gold.
Bitcoin? That just exists somewhere on the internet as far as they are concerned.
Most people can?t easily comprehend bitcoin and cryptocurrencies
I remember nearly two years ago talking with Peter about bitcoin. At the time, I said the biggest hurdle I saw between the current state of bitcoin and mass adoption was that it?s not easy to fully explain in less than thirty seconds to the average guy on the street.
That problem still exists today.
Yes, you can just it?s a ?digital currency?, and that?s a start. But explaining the fundamentals of blockchain, and the distributed ledger systems upon which it?s built is not straightforward. It usually takes time and effort for people to really understand just how much of a breakthrough bitcoin really is when it comes to a being a trustless mechanism for exchanging value. (Trustless in the context of bitcoin means we don?t need to trust an intermediary to settle our transaction ? we can exchange value directly with one another securely thanks to distributed ledger technology.)
Gold is the very opposite of new technology
It?s human nature ? and, from an investment perspective, smart ? to be skeptical of large world-transformational promises built on a new technology? especially one you don?t understand fully yet.
On the other hand, a gold coin is a gold coin. It?s shiny, heavy, tangible, and it exudes value and permanence.
As one of the guys on the cryptocurrency email thread succinctly put it:
?I prefer a currency that has survived 5,000+ years of wars, empires, the rise and fall of countries, cold spells, hot spells, and has been universally accepted in every country of the world.?
I can?t argue with that.
Gold doesn?t have a point of failure in the way bitcoin does. If the worst happens ? by that I mean the kind of scenarios that doomsday preppers hark on about ? a lack of internet connectivity removes my ability to do much with my bitcoin.
A gold coin can still sit in my pocket, even while I might be fending off mobs, zombies, nuclear winter, etc.
But the world is changing ? away from gold.
Consider this. Gold might have been a bedrock form of currency for thousands of years ? but so were the pen and paper, for communication. When I was packed off to boarding school, my only means of correspondence with my parents was through the mail. Even at secondary school, the only way to communicate with the fairer sex (I was at an all-boys school) was through letter writing. And now, it wouldn?t surprise me if my kids never write a single pen-and-paper letter in their lifetimes.
And let?s be honest, the gold bug demographic is typically more towards the senior end of the spectrum. So, will the physical tangibility of gold become less important over time for generations who gradually shift more and more of their entire lives into the digital world?
Bitcoin, cryptocurrencies and blockchain technology
People interchange the words bitcoin, cryptocurrency, and blockchain. The truth is these are all different and similar at the same time. Bitcoin is a cryptocurrency built on a blockchain. Cryptocurrencies, of which there are hundreds, vary hugely in what they do and what problems they purport to solve, but they all (with one or two exceptions) leverage the kind of blockchain technology that bitcoin pioneered.
The word ?currency? in cryptocurrency is somewhat misleading, as many of these have very specific security-like characteristics that provide economic ownership of a commercial blockchain. It?s very easy for people to lump cryptocurrencies into a single basket. But that?s like saying that all of the 3,207 NASDAQ-listed stocks are all the same.
So, gold versus bitcoin?
If you were to ask me which I think is more likely to be around a hundred years from now, it?s gold? every time. Nothing has usurped it for millennia as a globally-accepted medium of exchange or store of value, and I don?t think bitcoin will do so either.
Gold can?t be altered. Gold is gold. Once I own it, that?s it. I don?t need to rely on a functioning internet. I don?t need a computer. It?s pure tangible value.
Bitcoin, however, runs on a protocol that can be changed. Without going too much into it, a couple months from now, bitcoin could look completely different.
But I own bitcoin the same way I own gold. Locked up, out of sight, and out of mind. The gold will always be there? as for bitcoin, I can?t say that with 100 percent certainty.
But if you ask me which one is likelier to be up 1,000% three years from now, the answer is bitcoin. It?s still just a $45 billion-dollar market cap.
Gold has stood the test of time and a medium of storing value. For that reason, it deserves a place in your portfolio. Bitcoin?s time on the other hand, is just beginning. Blockchain is the future, and when you have an opportunity to buy the future and tuck it away, you should take it.
Good investing,
Gold vs Bitcoin...objective read..
Gold bugs are rarely, if ever, bearish on gold. To them, it?s the only real currency in a world of money-printing central banks endlessly devaluing their fiat (that is, paper) currencies. There are few people who believe so fervently as gold bugs.
But bitcoin fanatics come pretty close. These folks believe that this decentralised digital currency is the ultimate means of easily transferring value without the need for centralised entity, intermediary, or central bank. Bitcoin is a libertarian dream.
Now, given that gold bugs and bitcoin fanatics share a common desire ? a completely independent store of value ? and a common enemy (central banks), you?d think they might be the best of friends. But they?re not.
In fact, they?re more like dogs and cats ? or chalk and cheese. They don?t mix well, at all.
I know this because I?m privy to a private mailing list that?s run by an old family friend who?s a consigliere of one of Hong Kong?s wealthiest families. He, along with a couple dozen business and financial gurus and veterans, some with names you recognise, share their investment ideas and opinions on all things related to global finance and investing.
And recently the topic of cryptocurrencies and bitcoin came up. After watching carefully thought-out emails travel back and forwards within the group, I drew a few conclusions.
Gold bugs don?t like bitcoin
Most of the guys (and they?re almost all men) on this email list are grizzled investors, and they like their gold. To be precise, their physical gold. They dismiss bitcoin as a fad, a craze, all hype and no substance.
As I said, bitcoin is frequently compared to gold. They?re the only two widely distributed, decentralised methods of exchanging value as currency. There is no central authority issuance like there is with U.S. dollars or any other fiat currency.
Neither bitcoin nor gold can just be ?printed? at the push of a button by an anxious central banker. You have to either earn your gold by mining it ? which is what you do to mine bitcoin, but with computers instead of picks and shovels ? or you can pay cash for it.
But for the gold bugs, there?s no substitute for being able to see, feel and carry their gold.
Bitcoin? That just exists somewhere on the internet as far as they are concerned.
Most people can?t easily comprehend bitcoin and cryptocurrencies
I remember nearly two years ago talking with Peter about bitcoin. At the time, I said the biggest hurdle I saw between the current state of bitcoin and mass adoption was that it?s not easy to fully explain in less than thirty seconds to the average guy on the street.
That problem still exists today.
Yes, you can just it?s a ?digital currency?, and that?s a start. But explaining the fundamentals of blockchain, and the distributed ledger systems upon which it?s built is not straightforward. It usually takes time and effort for people to really understand just how much of a breakthrough bitcoin really is when it comes to a being a trustless mechanism for exchanging value. (Trustless in the context of bitcoin means we don?t need to trust an intermediary to settle our transaction ? we can exchange value directly with one another securely thanks to distributed ledger technology.)
Gold is the very opposite of new technology
It?s human nature ? and, from an investment perspective, smart ? to be skeptical of large world-transformational promises built on a new technology? especially one you don?t understand fully yet.
On the other hand, a gold coin is a gold coin. It?s shiny, heavy, tangible, and it exudes value and permanence.
As one of the guys on the cryptocurrency email thread succinctly put it:
?I prefer a currency that has survived 5,000+ years of wars, empires, the rise and fall of countries, cold spells, hot spells, and has been universally accepted in every country of the world.?
I can?t argue with that.
Gold doesn?t have a point of failure in the way bitcoin does. If the worst happens ? by that I mean the kind of scenarios that doomsday preppers hark on about ? a lack of internet connectivity removes my ability to do much with my bitcoin.
A gold coin can still sit in my pocket, even while I might be fending off mobs, zombies, nuclear winter, etc.
But the world is changing ? away from gold.
Consider this. Gold might have been a bedrock form of currency for thousands of years ? but so were the pen and paper, for communication. When I was packed off to boarding school, my only means of correspondence with my parents was through the mail. Even at secondary school, the only way to communicate with the fairer sex (I was at an all-boys school) was through letter writing. And now, it wouldn?t surprise me if my kids never write a single pen-and-paper letter in their lifetimes.
And let?s be honest, the gold bug demographic is typically more towards the senior end of the spectrum. So, will the physical tangibility of gold become less important over time for generations who gradually shift more and more of their entire lives into the digital world?
Bitcoin, cryptocurrencies and blockchain technology
People interchange the words bitcoin, cryptocurrency, and blockchain. The truth is these are all different and similar at the same time. Bitcoin is a cryptocurrency built on a blockchain. Cryptocurrencies, of which there are hundreds, vary hugely in what they do and what problems they purport to solve, but they all (with one or two exceptions) leverage the kind of blockchain technology that bitcoin pioneered.
The word ?currency? in cryptocurrency is somewhat misleading, as many of these have very specific security-like characteristics that provide economic ownership of a commercial blockchain. It?s very easy for people to lump cryptocurrencies into a single basket. But that?s like saying that all of the 3,207 NASDAQ-listed stocks are all the same.
So, gold versus bitcoin?
If you were to ask me which I think is more likely to be around a hundred years from now, it?s gold? every time. Nothing has usurped it for millennia as a globally-accepted medium of exchange or store of value, and I don?t think bitcoin will do so either.
Gold can?t be altered. Gold is gold. Once I own it, that?s it. I don?t need to rely on a functioning internet. I don?t need a computer. It?s pure tangible value.
Bitcoin, however, runs on a protocol that can be changed. Without going too much into it, a couple months from now, bitcoin could look completely different.
But I own bitcoin the same way I own gold. Locked up, out of sight, and out of mind. The gold will always be there? as for bitcoin, I can?t say that with 100 percent certainty.
But if you ask me which one is likelier to be up 1,000% three years from now, the answer is bitcoin. It?s still just a $45 billion-dollar market cap.
Gold has stood the test of time and a medium of storing value. For that reason, it deserves a place in your portfolio. Bitcoin?s time on the other hand, is just beginning. Blockchain is the future, and when you have an opportunity to buy the future and tuck it away, you should take it.
Good investing,
yet another view of crypto..
yet another view of crypto..
Most people aren't familiar with the cryptocurrency market. They merely see the price of Bitcoins trending higher and say 'hey, that's really cool. I should buy some for my clients.'
Let me explain to you why you're a fucking moron for doing so.
The price of Bitcoins and Ethereum are totally dependent upon the ICO market. Oh, you aren't in the least familiar with this wild west "Initial Coin Offering" market?
Let me explain.
Instead of going through the rigorous process of raising money via traditional means, the IPO or VC market, start ups and now raising hundreds of millions, maybe billions (hard to say, it's not tracked efficiently) -- by floating their own tokens aka 'currencies' to crypto lovers.
Unlike in the VC world or IPO, the buyers of the tokens do not possess voting rights or even own a piece of the company -- just the essence of the company.
Sometimes the tokens could be used to purchase whatever that company sells. If it was iBankCoin, you could take the Flycoins to buy Exodus subscriptions or After Hours with the Trading Addict.
You could then trade those tokens to people who wanted the service, or on an exchange, where people bid up the price, with reckless abandon, to valuations that make the dot com bubble look conservative.
There are companies backed by NOTHING worth hundreds of millions. When I say 'NOTHING', please do not misconstrue that with your typical start up trying to build a business.
No, these NOTHING companies are literally jokes, without business models. They are just shitposting and raising money for the fun of it.
Dogecoin, a currency backed by likeness of Shiba Inu dog, an internet meme (nothing more) -- valued at $194 million.
How prolific is this ICO market?
A company named Tezos just raised over $200 million in a record offering. Doing a cursory google search will reveal that the ICO market is much bigger than is being reported. Companies are raising money in Bitcoins and Ethereum, which is the reason why those two currencies, especially the latter, are so strong.
Each offering provides fresh demand for them. It is, without question, the biggest bubble since the housing collapse of 2008.
Presently, there are over 800 currencies valued at over $82 billion.
Here we have a company that issued a token called 'Useless Etherum token' valued at $42,000 -- down from a high of $75k. Or, how about this one -- FUCK Token -- valued at more than $1.1 million, down from $2.3m.
rest here..http://www.zerohedge.com/news/2017-...-ethereum-are-bubble-built-top-outright-scams
yet another view of crypto..
Most people aren't familiar with the cryptocurrency market. They merely see the price of Bitcoins trending higher and say 'hey, that's really cool. I should buy some for my clients.'
Let me explain to you why you're a fucking moron for doing so.
The price of Bitcoins and Ethereum are totally dependent upon the ICO market. Oh, you aren't in the least familiar with this wild west "Initial Coin Offering" market?
Let me explain.
Instead of going through the rigorous process of raising money via traditional means, the IPO or VC market, start ups and now raising hundreds of millions, maybe billions (hard to say, it's not tracked efficiently) -- by floating their own tokens aka 'currencies' to crypto lovers.
Unlike in the VC world or IPO, the buyers of the tokens do not possess voting rights or even own a piece of the company -- just the essence of the company.
Sometimes the tokens could be used to purchase whatever that company sells. If it was iBankCoin, you could take the Flycoins to buy Exodus subscriptions or After Hours with the Trading Addict.
You could then trade those tokens to people who wanted the service, or on an exchange, where people bid up the price, with reckless abandon, to valuations that make the dot com bubble look conservative.
There are companies backed by NOTHING worth hundreds of millions. When I say 'NOTHING', please do not misconstrue that with your typical start up trying to build a business.
No, these NOTHING companies are literally jokes, without business models. They are just shitposting and raising money for the fun of it.
Dogecoin, a currency backed by likeness of Shiba Inu dog, an internet meme (nothing more) -- valued at $194 million.
How prolific is this ICO market?
A company named Tezos just raised over $200 million in a record offering. Doing a cursory google search will reveal that the ICO market is much bigger than is being reported. Companies are raising money in Bitcoins and Ethereum, which is the reason why those two currencies, especially the latter, are so strong.
Each offering provides fresh demand for them. It is, without question, the biggest bubble since the housing collapse of 2008.
Presently, there are over 800 currencies valued at over $82 billion.
Here we have a company that issued a token called 'Useless Etherum token' valued at $42,000 -- down from a high of $75k. Or, how about this one -- FUCK Token -- valued at more than $1.1 million, down from $2.3m.
rest here..http://www.zerohedge.com/news/2017-...-ethereum-are-bubble-built-top-outright-scams
- Sep 1, 2012
- 9,645
- 633
- 113
- Sep 1, 2012
- 9,645
- 633
- 113
- Feb 26, 2001
- 13,593
- 164
- 63
Looks like a good spot to get in CVC. Woodson mentioned it and I have seen some heavy weights on twitter backing it. I started a fairly sized bag for me. Long
:0008
