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Cryptocurrency |OT| Nothing from Money
- Thread starter Brandson
- Start date
csquared587
Member
Damn...Vert coins. Wish i put more in yesterday.
Sony
Nintendo
How do you even find coins like that?
DonMigs85
Member
Vertcoin never again got close to its ATH of over $5 back in February 2014. I wonder if I should get into it now since it doubled pretty much overnight.
I heard it talked about for a couple months now because of the possibility of atomic swaps with BTC and LTC
Just want to re-ask this on a new page. Really curious. Im reading whitepaper after white paper to find projects I want to invest in for the long term and Im wondering if I could manage to invest in some of the ones that say "No U.S. backers" because they HAVE to. From what I can tell the investments are anonymous and I should be fine. But Im still new so there's something the vets may know that I don't.
I'm not an American or fully versed in US federal law, but as I understand it, no matter what they say, if an ICO sells to an American and the crypto asset is later determined to be a security, the people running the ICO could be fined or face other penalties. This law makes very little sense but that is the SEC's present position. As for the US investor, I don't think the consequences would be as severe, if there are any consequences at all, but I'm not sure. The US government should be much clearer on this than they have been so far.
Read the fine print for the ICO to see what they (as opposed to the government) could do to you if they discover you lied to them. If it's silent you might be ok, but they could always try to sue you later for causing them to be fined by your lying. I have no idea if there is a legal basis in US law for that. This is why responsible ICOs are all implementing rigorous KYC steps going forward. Any Americans sneaking through that would probably have crossed the line into fraud.
So I personally wouldn't try to lie about my identity when buying crypto. In view of the above, invest at your own risk, and maybe consult a securities lawyer first.
I did warn about XRP a few times in this thread, and specifically about this predictable movement yesterday. Sorry for anyone losing money over this.
Borboleta Amarela
Member
Put 10 ETH into it. Still waiting for my confirmation email. It's my first ICO and I'm sweating at the idea of having made some mistake with my email or address and not getting anything back...lol
DonMigs85
Member
Yeah I don't wanna touch my BNB for the sake of Avalon. Maybe I'll try to scrounge more fiat
CaptainZombie
Member
Yeah, you did warn everyone and I hopped off that XRP train yesterday before it came crashing down.
CaptainZombie
Member
I have some BAT, and with the release of Mercury in September we could see some decent gains but nothing too big right away.
Whoops (feels bad man)
"Startup REX loses $1.3 million in Ether address mishap"
https://buyingcryptoguide.com/blog/startup-rex-loses-millions/
"Startup REX loses $1.3 million in Ether address mishap"
https://buyingcryptoguide.com/blog/startup-rex-loses-millions/
DonMigs85
Member
I'm shamelessly sharing my ATS link here for those who missed the earlier ones posted.
http://bounty.authorship.com/ref/v8132700
Free 75 ATS tokens, and with just 100 million coins total plus being listed on exchanges shortly after their ICO ends, this coin could potentially reach $1+
http://bounty.authorship.com/ref/v8132700
Free 75 ATS tokens, and with just 100 million coins total plus being listed on exchanges shortly after their ICO ends, this coin could potentially reach $1+
Borboleta Amarela
Member
I don't know what to think of this.
I participated on the Avalon ICO. Never got a confirmation email. Sent an email to support. Received an email from the email on the website saying:
"You order is confirmed.
Order ID: XXXXXX
Sorry you did not receive a confirmation address.
Thank you,
The TokenLot Team"
Well, besides the obvious badly written text, the order ID serves no purpose since I can't use it anywhere on the website.
I'm started to think I was scammed but can't imagine how since I'm 100% sure I followed the right steps and those are the official support emails from the website.
I'm nervous as hell with this situatation.
No more ICO's for me, that's for sure. If I lose my money, it's not the end of the world but that would seriously burn me.
I participated on the Avalon ICO. Never got a confirmation email. Sent an email to support. Received an email from the email on the website saying:
"You order is confirmed.
Order ID: XXXXXX
Sorry you did not receive a confirmation address.
Thank you,
The TokenLot Team"
Well, besides the obvious badly written text, the order ID serves no purpose since I can't use it anywhere on the website.
I'm started to think I was scammed but can't imagine how since I'm 100% sure I followed the right steps and those are the official support emails from the website.
I'm nervous as hell with this situatation.
No more ICO's for me, that's for sure. If I lose my money, it's not the end of the world but that would seriously burn me.
DonMigs85
Member
Apparently they've been having issues due to the influx of contributions. If you message them on bitcointalk or email avalon@tokenlot.com they can probably help.
Borboleta Amarela
Member
That's the support email I contacted and received the sketchy answer from there too.
Maybe I'm just being paranoid but I can't shake this feeling.
if you want to invest in ripple, id wait at least a few days till the dust settles.
i can see it dropping another 10% to 20% in the next days.
the hype for the announcement is gone and i wouldnt expect another boost soon.
Sony
Nintendo
Is it too late to invest in Avalon ICO? And do you know where I can find the neccecary stepts to do so? I got the hang of exchange trading but I haven't read up up how to invest in ICO yet
https://www.tokenlot.com/crowdsale/avalon/
I think you still got enough time, looking at the numbers. Doesn't look like a super hot run on the tokens.
Hit pay now and everything else is explained. If you already have a myetherwallet.com wallet then you can use this as adress to receive AVA tokens.
gaming_noob
Member
I'm going to sit on 1073 ARK. Going to give it a year or so and see how it does. Cashing out late 2018. Not productive to be watching this in real time every day.
If you haven't already, vote a delegate. Should give you around 0,3 ARK per day.
Sony
Nintendo
What does this mean, what's voting a delegate?
Ugh fucking LSK... I keep waiting for it to go down to buy some but it keeps going up.. I feel I should buy some now but on the other hand I think that it'll drop after I buy it
it's practivally at 0.001First link there, is a description:
http://www.neogaf.com/forum/showpost.php?p=246270296&postcount=2481
In short: put your ARK in official Wallet > vote for one of the TOP51 delegates with 1 ARK > depending on how much ARK you hold (which determines how much weight your vote has) the delegate shares profit with you. Daily or weekly. Depends.
Not worth if you have like 50 ARKs or so (i have around 800 ARK and get around 0,2 or 0,3 ARK every day).
When holding ARK in the official wallet you can vote (costs 1 ARK) on a delegate. The top 51 delegates are allowed to forge (mine) ARK and each of those delegates have proposals to attract voters.
They all share their profits with their voters.
I hold about 370 ARK at the moment and i voted for a delegate called jarunik and he gives me about 0.1 ARK each day.
Edit: beaten.
you know you dont have to buy a whole coin right
i'd be happy if i even had .25BTC from years ago
The delegate system really makes ARK a potential long term money maker in the future. Im just not as sure about the future of the coins price as I am about the delegates systems genius.
They have to make it take off in order to see the brilliance realized but Im not so sure about their ability to do so as everyone else is.
Holy hell if they manage though.. That coin would be absolutely insane if its still around in 2 years and gets up into the $30+ range. People investing in it now and gaining ARK through the delegate system will have built a very nice feedback loop. And the people on top (delegates themselves) will be printing money and swimming in it.
They have to make it take off in order to see the brilliance realized but Im not so sure about their ability to do so as everyone else is.
Holy hell if they manage though.. That coin would be absolutely insane if its still around in 2 years and gets up into the $30+ range. People investing in it now and gaining ARK through the delegate system will have built a very nice feedback loop. And the people on top (delegates themselves) will be printing money and swimming in it.
If they succeed in all the things they are trying to do in a somewhat timely fashion then i'm absolutely sure that the price is going to skyrocket.
But it really comes down to how fast they reach those targets and if they don't get beaten to it by some other coin.
Earthbound64
Banned
So, this is a pyramid scheme, right?
The amount you get decreases if the price goes up i think. Also a pyramid scheme works by recruiting more and more people and the ones at the top get more and more as they also get a percentage of every new person that is recruited.
This doesn't work like that at all.
Everyone can be a delegate and only the top 51 can forge (mine) but the top 51 can change at any time as delegates are chosen by the people with votes.
Also once all coins are mined, the profit sharing stops too.
Edit: also in a pyramid scheme you would never be able to topple the guy at the top whilst no one is stopping you from accumulating more ARK.
Sony
Nintendo
So I was checking Bittrex exchange, monitoring some stuff, for like.. 2 hours straight.. when I was ready to buy some altcoins.. I saw that I had 0BTC availible.. I was like wtf I transfered a lot form Binance to Bittrex hours ago.. It has been 4 fucking hours and my transfer hasn't processed yet. And my unpatient ass is seeing all the possibilities slip away...
I have heard that I should buy LTC on coinbase and xfer it to Bittrex because it has cheaper fees. Does anyone know if there is any truth to that? It's odd how you cant check this stuff before doing it on Coinbases website.
Good to hear that I should use ETH for speed though
Sony
Nintendo
Probably a dumb question, but what is fiat? :$