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re: Official CryptoTalk Thread

Posted on 5/26/18 at 10:48 am to
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 5/26/18 at 10:48 am to
Last I’ve seen or heard from LSUrep874 he was mining RVN. Sure hope he hasn’t offed himself over the bags of pho he’s carrying.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25949 posts
Posted on 5/28/18 at 6:53 am to
Why don’t you check the numbers on Pho lately
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/29/18 at 9:04 pm to
Korea has officially submitted proposal to lift ico ban.

Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 6/4/18 at 1:55 pm to
Just like those Ven bags you bought in January at ath lol
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/4/18 at 8:48 pm to
if you bought anything in January, you bought at an ATH with exception of BTC
This post was edited on 6/4/18 at 8:49 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 6/5/18 at 6:48 am to
xlm and nasdaq are noe partners. didn't do much for price but that's a great partnership
Posted by AndyJ
Member since Jul 2008
2762 posts
Posted on 6/5/18 at 9:16 am to
How can I get into an ICO? I’m an accredited investor but as an American it seems like I get rejected. I looked into one presale, which I think I could participate in, but it was 25 Ether minimum which I don’t feel like risking at this point.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 6/5/18 at 5:56 pm to
quote:

How can I get into an ICO? I’m an accredited investor but as an American it seems like I get rejected. I looked into one presale, which I think I could participate in, but it was 25 Ether minimum which I don’t feel like risking at this point.


So you’re an accredited investor but can’t risk 25ETH?



Posted by AndyJ
Member since Jul 2008
2762 posts
Posted on 6/5/18 at 9:14 pm to
LOL I am a physician and so is my wife, so we qualify based on income, but I am new to crypto and the idea of throwing $15,000 into one project right off the bat does not seem like a good idea. I would rather start smaller. But thanks for your response.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/5/18 at 9:25 pm to
a couple thoughts

1. being "new to crypto", as you put it, I would be extremely hesitant to invest in an ICO. They are rife with scams and dead projects just for quick cash. Seasoned investors get burned and throw enough money around to make up for it elsewhere. Also, I dont want you to get burned on your first investment and losing 15k, forever leaving the crypto space with a bad taste

2. the fact people "new" to the space are asking about ICO investing means we're about to go on a run BOYZ 2 DA MOOON
Posted by AndyJ
Member since Jul 2008
2762 posts
Posted on 6/5/18 at 9:48 pm to
Thanks for the response. I am pretty wary. One of my good friends is pretty heavily involved and he has given me lots of advice. I think it is good lol. He has mostly just pointed me in the direction to educate myself, and he gave me some of his thoughts on good buys for the long term.

Anyway, it turns out, I am not even allowed to invest in the pre-sale I was looking at either, because I am an American. So now i am looking at other options.

What do you all think of Metronome (and their descending auction)?
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 6/6/18 at 10:20 am to
quote:

the fact people "new" to the space are asking about ICO investing means we're about to go on a run BOYZ 2 DA MOOON


hopefully those are stellar icos
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56395 posts
Posted on 6/6/18 at 10:32 pm to
Andy, just buy BTC, or REDD or DGB or LTC or XLM or ONT to get started.

Have you even opened up an account to move US$ into crypto? That is a good first step to accomplish.
This post was edited on 6/6/18 at 10:37 pm
Posted by VinegarStrokes
Georgia
Member since Oct 2015
13321 posts
Posted on 6/7/18 at 8:02 am to
quote:

Have you even opened up an account to move US$ into crypto? That is a good first step to accomplish.


Yep...don't wait until we go on a run before you get the account set up. This caused a lot of heartache last May when ETH exploded
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25949 posts
Posted on 6/7/18 at 8:37 am to
Don’t listen to OleWarskule, he’s the joke of this entire thread. He’s bragged about his entry points and the money he’s made, when it’s proven he’s bought at all time highs again and again. Good luck to you, you’re getting in at a good time I think, unless the BTC predictions of 4K come true lol
Posted by AndyJ
Member since Jul 2008
2762 posts
Posted on 6/7/18 at 5:53 pm to
Thanks guys. I did open an account on coinbase in early May and then on binance shortly afterward. I’m probably up like 5% on a small investment, but my goal hasnt to make a quick buck but to hold for long term. But I would love to put another small amount into ICOs... just apparently we get screwed in the USA. But I do appreciate the advice and input :)
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/7/18 at 7:43 pm to
Any long term portfolio should have a couple hundred at least in VEN imo. I don't wanna sound like an OWS-esque shill but VEN has a potential to be pretty big.

Of course, like any project, is has the potential to go to zero, too.
This post was edited on 6/7/18 at 7:44 pm
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56395 posts
Posted on 6/7/18 at 9:03 pm to
quote:

I would love to put another small amount into ICOs.
ICO’s can always be bought for less shortly after it comes out because all the people who got paid in its tokens while working on the project, cash out and the price tanks.

Avoid ICO’s. Watch wait and buy later. Be patient

ETA: 50% of last year’s ICO’s are defunct now. Google/YouTube search for sauces until you got it.
This post was edited on 6/7/18 at 9:05 pm
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 6/8/18 at 8:07 am to
Buy Chainlink. Price is pathetic right now for what this utility token will do for smart contracts
Posted by AndyJ
Member since Jul 2008
2762 posts
Posted on 6/9/18 at 7:49 pm to
Man, there seems to be another drop going on.

Thank god gdax took a week to accept my bank transfer of USD.

What do you guys think?
This post was edited on 6/9/18 at 8:15 pm
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