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Crypto currencies

Wagerr back under the £0.40p barrier, nearly time my son.
 
Yeah mate we'll tidy it up and open it up. I cannot keep up with your fucking head though with the quoting all this that and the fucking other:lol. What are we buying???
 
Fuck me Slick I can't even work out how to deposit into Tidex:lol

WHAT THE FUCK?

upload_2018-1-4_22-44-2-png.4691
 
slick said:
SONM is having a large dip, currently 27p a share, might have a wee flutter because big things are expected of them in 2018
Click to expand...

Back up 28%, I should have had a dabble when I saw the dip.
 
You'll have to copy and paste the generated hex code to confirm the transfer.
 
OK hit me with the bad news about the transfer fee. In fact, I'll read it in the morning. All this crypto stuff is giving me a headache.

Just put your money on Flight of Fantasy in the 745 at Kempton tomorrow. 2/1 from 9/4
 
Can't remember as I didn't have coinbase at the time so asked a mate to do it. twas over a tenner though.
Got it all back with interest though thanks to MSD and Snovio while getting to learn the Tidex system on small price alts and researching the markets, whilst Wagerr was really the one I was after.
 
Could have had Wagerr for £0.19p at the time but like a dick put in the offered price of £0.16p thinking it was like Betfair, although very similar to betfair that price offered was the lowest asking price from some chancer rather than the lowest sellers price, then came the shit with the dog and when I got back to it, got my head around it, the price had doubled.
 
ONEDUNME said:
OK hit me with the bad news about the transfer fee. In fact, I'll read it in the morning. All this crypto stuff is giving me a headache.

Just put your money on Flight of Fantasy in the 745 at Kempton tomorrow. 2/1 from 9/4
Click to expand...


Won 3/1
 
lol, nice one mate, I'll shove it all on your next pick, missed that one.
 
Fucking bastard wagerr flying again, went down to 36p as I was leaving work, got home, had my tea, took the tree down then logged into tidex ready to buy some, now the bastard is 51p lol.
 
Good thread this lads and I am glad to see you all involved.

First off I noticed a lot of mentions of fees. Fees are a fact of life with crypto currencys. It's worse than booking a return flight with easyjet. Unless you know someone you really trust (and you must trust them) and can conduct a private purchase or sale you are going to have to suck it up and pay them. For beginners coinbase with debit card is probably the easiest traditional route. For the more advanced you can look into sending money to an exchange such as bitstamp (or coinbase/gdax) from your bank account and then trading it for bitcoin. These places are completely snowed under at the moment from the explosive growth in people reging new accounts and trying to get verified. Long delays are common and many sites are currently closed to new users. That's not because they don't want customers, it's because it is going mental. Stick with it and you will get there if you want to.

One tip I will say is to get a hardware wallet This gives you complete ownership and control of your coins. Clearly good as exchanges have vanished overnight taking peoples tokens with them in the past. They have also been "hacked" and balances taken. Having control over your private keys as well allows you to claim forks appropriately when its safe to do so. Coinbase users who held btc when bitcoin cash forked from it have only just been credited the resulting tokens - that happened in August. I dont even know if they will get their bitcoin gold at all. The one I like best is the "trezor" although they are coming out with a new version soon. Another option is the "nano ledger s". Not quite as user friendly imo but does the same job. Slick you should be able to send directly from your coinbase wallet to the address your wallet generates from you, dont need to get GDAX involved.

There's a lot of comments on the volatility in this thread. That is a fact of bitcoin and even more so the smaller cryptos and you have to realise you WILL wake up one day and see 60-80% wiped off the value of the portfolio at one point. You have to accept the value of ANY coin could possibly also go to 0 so really, and I cant say this strongly enough, dont put in anything you would be squeamish at losing or even bouncing around in value. Part of the risk of it going to 0 is it being stolen as well. There is no comeback, if someone steals your bitcoin you are fked and the police wont care. Since transactions are irreversable as well and there is no controlling authority if you fk up with your cryptos it is also gone. By fk up I mean send it to a wrong address, lose your hardware wallet and the key backup etc etc. Gotta be very careful.

If you want to trade in alt coins check out binance and bittrex. I hear on the grapevine both are closed to new users at the moment which makes me personally believe the market has further to go but I dont know if thats true or if they are accepting registrations that you wait for them to process. I far prefer buying litecoin or ethereum and sending it to your exchange accounts than bitcoin. Cheaper and easier. If you want to invest in bitcoin just buy the amount you want, send it to your hardware wallet and dont touch it. Use the lower fee stuff for transferring about. Seen you asked how litecoin was created earlier in the thread. I believe it was the first bitcoin fork back in 2011.

There is no regulation on these markets and they are highly manipulated, to the point of it being a joke. The ethereum flash crash mentioned happened. Someone made the market drop so an ether had a trade value of $12 and just by coincidence another account had a big buy order set for $17. Way to become a millionaire just like that. Bitcoin gold is/was just a get rich quick shitcoin imo. Mcafee (him of anti virus fame) posts his "coin of the week" on twitter every monday. It always immediately surges in price for no reason than people know thats going to happen so sit refreshing his page for a bandwagon hop on. I would not get involved in trying to do that personally just mentioning it.

There are rumours at the moment coinbase is going to be adding more alts for direct debit card purchases. This makes sense as ofc newcomers are demanding it and dont know how to work the exchanges. Theres been a lot of talk recently ripple is going to be one of the first added and that, imo, is what has caused the 10x+ surge in price and not anything fundamental.

I don't really try and trade as in hop in and out daily. I more like to try and pick and choose a couple of alts to hold. xvg/ada/xrp have been my best performers so far.
 
One that I like at the moment, that someone more knowledgeable tipped too me is Blocknet (BLOCK). Don't blame me if it goes tits up though, do your own research.
 
Cheers Jezza, I bought some Ethereum last week to trade alts due to it's lower transfer fees but it's doing so well I'm just leaving it alone for the moment.

Things are growing that fast I definitely need a hardware wallet, I'll keep an eye out for the new Trezor wallet.
 
Yeah that is a good idea, although they will be slow still to add new coins to it no doubt.

The old one does quite a few (and they have supported reputable forks to allow you to claim coins easily). It's also very battle tested. Sold out everywhere atm I think just go direct to trezor themselves and place an order if you want one, probably the best way.

I would probably hold some ETH long term even if you are going to trade some for alts. ETH might well be overtaken by better tech (if it hasn't been already) but I think it will always be around. Casper testnet arrived recently and has gone well I think, resulting in the latest surge.

NEO is constantly referred to as the "chinese ethereum" and seems to be a big player as well. If you download NEO to their neon wallet it generates GAS for you which can also be traded.
 
I believe so Jezza, saw that earlier today when the arse dropped out of the market lol
I think Ripple halfed in price, I would have filled my boots with that but had no money in Binance.
Lad In work with said his last transfer to Binance took 12hrs so I did didn't bother sending any over.
 
If he means a bank transfer can't help but if he means he sent bitcoin to trade tell him to send litecoin or eth next time
 
Yeah it was bitcoin as it's all he had in his wallet, I should have thought of that lol as I could have used my eth, numpty I am.
I'm just used to only using BTC.
 
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