Crypto Currency Thread

Crypto Currency Thread

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Fokker

3,460 posts

222 months

Thursday 18th January 2018
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HannsG said:
Doubled my investment in TRX within a day or so. I purchased at 1am Tuesday.

Incredible. This is more addictive than penny shares which was my bread and butter.

Anyone have a reliable source for Nano Ledger S wallets? Are they all on preorder now till March?

Cheers
I bought mine from the Ledger website directly. Not sure if they're now on backorder?

-Pete-

2,892 posts

176 months

Thursday 18th January 2018
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HannsG said:
Doubled my investment in TRX within a day or so. I purchased at 1am Tuesday.
Incredible. This is more addictive than penny shares which was my bread and butter.
Anyone have a reliable source for Nano Ledger S wallets? Are they all on preorder now till March?
Cheers
It looks like they're all out of stock unless you pay double the price, so it depends whether your portfolio is worth spending the extra.

As a matter of interest, what steps/sites/tools are you using to get between cash and TRX (and hopefully back again)? I was recommended solidi.co bittrex, exodus, electrum and the nano ledger s... what's the simplest safe way to trade?

HannsG

3,045 posts

134 months

Thursday 18th January 2018
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-Pete- said:
t looks like they're all out of stock unless you pay double the price, so it depends whether your portfolio is worth spending the extra.

As a matter of interest, what steps/sites/tools are you using to get between cash and TRX (and hopefully back again)? I was recommended solidi.co bittrex, exodus, electrum and the nano ledger s... what's the simplest safe way to trade?
Hi.

To get funds in. Transfer money into coinbase via SEPA so its in Euros.

Then, deposit into GDAX and purchase BTC. Then move over into Binance and purchase TRX.

I would assume opposite when extraction. Currently it's all sitting on Binance

anonymous-user

54 months

Thursday 18th January 2018
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Tron looks interesting, has to be a good year for it, some say it is the new xrp.

Fokker

3,460 posts

222 months

Thursday 18th January 2018
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The Spruce goose said:
Tron looks interesting, has to be a good year for it, some say it is the new xrp.
Sounds interesting. Does anyone have any info and why it is so rated?

Behemoth

2,105 posts

131 months

Thursday 18th January 2018
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Fokker said:
Sounds interesting. Does anyone have any info and why it is so rated?
There are so many Tron red flags. This is a decent summary, very measured compared to other commentators. https://thenextweb.com/hardfork/2018/01/15/cryptoc... If you want to risk your cash on vapourware promoted by a showboater who talks up non-existent partnerships, pays shills & nicks code without credit amongst other things, you of course can.

Fokker

3,460 posts

222 months

Thursday 18th January 2018
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Behemoth said:
There are so many Tron red flags. This is a decent summary, very measured compared to other commentators. https://thenextweb.com/hardfork/2018/01/15/cryptoc... If you want to risk your cash on vapourware promoted by a showboater who talks up non-existent partnerships, pays shills & nicks code without credit amongst other things, you of course can.
Appreciated smile


syko89

366 posts

158 months

Thursday 18th January 2018
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Well it's been an exciting few days. Hope you all managed to hold out through the dip!

AmosMoses

4,042 posts

165 months

Thursday 18th January 2018
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Avoid Tron like the plague, its a really shill'd coin. Many people seem to pick this over XRP which is just bonkers!

jonm01

817 posts

237 months

Thursday 18th January 2018
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Behemoth said:
There are so many Tron red flags. This is a decent summary, very measured compared to other commentators. https://thenextweb.com/hardfork/2018/01/15/cryptoc... If you want to risk your cash on vapourware promoted by a showboater who talks up non-existent partnerships, pays shills & nicks code without credit amongst other things, you of course can.
It seems to be 50/50 between the 'next Ripple' or total scam.


jonm01

817 posts

237 months

Thursday 18th January 2018
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Fokker said:
I bought mine from the Ledger website directly. Not sure if they're now on backorder?
Definitely buy from a genuine source. Guy got scammed out of 13K recently cos he bought one off eBay which had a scratch off seed word card with it.

anonymous-user

54 months

Thursday 18th January 2018
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jonm01 said:
It seems to be 50/50 between the 'next Ripple' or total scam.
High risk yes but any coin that bounces back 100% has strong demand.

moonigan

2,137 posts

241 months

Thursday 18th January 2018
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The Spruce goose said:
High risk yes but any coin that bounces back 100% has strong demand.
What about bitconnect. Known scam that's widely published yet at one point it was 600% up. I've sat and watched from a distance for the last month and cant make head nor tail of it. It feels like someone is about to pull the rug from under it and ride away into the sunset with saddle bags full of coin.

Guvernator

13,155 posts

165 months

Thursday 18th January 2018
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I've got a small amount of Tron holdings. Some people think the development team is solid and this will be the next big thing, others say its plagiarized, shills, hype etc so it's really difficult to work who is telling the truth and this is the problem with pretty much all the altcoins.

Too many amateur "experts", vested interests, shills and naysayers to be able to reasonably sort the wheat from the chaff so I hold. If it crashes and burns I've lost a few hundred quid which I'd otherwise spend on a night out or something else, not the end of the world. However if it takes off, I stand to make thousands, a risk worth taking in my book.

syko89

366 posts

158 months

Thursday 18th January 2018
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moonigan said:
What about bitconnect. Known scam that's widely published yet at one point it was 600% up. I've sat and watched from a distance for the last month and cant make head nor tail of it. It feels like someone is about to pull the rug from under it and ride away into the sunset with saddle bags full of coin.
Bitconnect is closing down

https://thenextweb.com/hardfork/2018/01/17/bitconn...

jonm01

817 posts

237 months

Thursday 18th January 2018
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moonigan said:
What about bitconnect. Known scam that's widely published yet at one point it was 600% up. I've sat and watched from a distance for the last month and cant make head nor tail of it. It feels like someone is about to pull the rug from under it and ride away into the sunset with saddle bags full of coin.
Er. They just did.

It went up 600% because it crashed 90% and then there was a rumour the company would buy back the BCC at $150

It's a total stshow with some complete fools losing huge sums of money

Behemoth

2,105 posts

131 months

Thursday 18th January 2018
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Guvernator said:
Some people think the development team is solid and this will be the next big thing, others say its plagiarized, shills, hype etc so it's really difficult to work who is telling the truth and this is the problem with pretty much all the altcoins.

Too many amateur "experts", vested interests, shills and naysayers to be able to reasonably sort the wheat from the chaff so I hold.
There are plenty of solid, well versed professional experts available. Really, a hell of a lot. You need the ability to identify them. If you haven't acquired that skill (and you'll know when you have it), you're taking a risk.

moonigan

2,137 posts

241 months

Thursday 18th January 2018
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My last sentence "It feels like someone is about to pull the rug from under it and ride away into the sunset with saddle bags full of coin." was aimed at the crypto market as a whole not just Bitconnect. This is probably because I don't know enough but I made the mistake of going all in without any knowledge for Dotcom. Not making that mistake again!

anonymous-user

54 months

Thursday 18th January 2018
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syko89 said:


I cannot believe it turned out to be a pyramid scheme.

Behemoth

2,105 posts

131 months

Thursday 18th January 2018
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Joey Deacon said:
I cannot believe it turned out to be a pyramid scheme.
The red flags were there from the very beginning. Here's a good list of outright crypto scams. It doesn't include the multitude of crap coins, but shows the outright Ponzis & YouTube shillers:

https://www.reddit.com/r/CryptoCurrency/comments/7...
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