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re: Official CryptoTalk Thread

Posted on 4/30/17 at 8:39 pm to
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 4/30/17 at 8:39 pm to
That is correct, i did that yesterday, I sent in my ID after that and today it let my buy $2700. It updates actually every few minutes ie you have a set limit over a week, mine is $5k at this moment so it seems like you get a few extra dollars of credit every few minutes. I think from a risk/reward standpoint anything under $10B market cap which from here would be about $120 is where you stand to make some good money if I had to guess based on where bitcoin is trading market cap wise.

Its interesting to see the big corporations openly supporting this technology: microsoft,jp morgan chase, santander.....I suppose they're not opposed to it like bitcoin bc this thing has real leadership behind it.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 4/30/17 at 8:48 pm to
quote:

Its interesting to see the big corporations openly supporting this technology: microsoft,jp morgan chase, santander


Yes, that was the lure for me. Seems to be more accepted and supported than Bitcoin by big name Corporations. I believe there is even an ongoing process to get an Ethereum ETF approved through the SEC.

This thing has shot up since Omaha first mentioned it. I've done a fair amount of DD since then and I am still rather confused as to how these crypto currencies work. Would there ever be a practical application for the general public?
This post was edited on 4/30/17 at 8:51 pm
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