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re: Official CryptoTalk Thread

Posted on 9/7/17 at 2:35 am to
Posted by kc8876
Member since May 2012
3623 posts
Posted on 9/7/17 at 2:35 am to
Supposedly they've been making some progress on some stuff they've been working on that they haven't been talking about and are about to come out with it

I've been in this fricker for a few months, and it's been flat the whole time. I'm ready for some action
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/7/17 at 5:24 am to
Neo

:antonionbanderasgif:
Posted by MSTiger33
Member since Oct 2007
21497 posts
Posted on 9/7/17 at 7:01 am to
Hopefully it keeps moving in this direction. I need to dig myself out of this hole
Posted by 7LSU7
Member since Sep 2016
1112 posts
Posted on 9/7/17 at 7:22 am to
NEO just got listed on Bitfinex so it's pumping right now. If you wanted to pick up more shares you could sell then buy back when it crashes
Posted by dkreller
Laffy
Member since Jan 2009
33601 posts
Posted on 9/7/17 at 7:35 am to
OMG moving
Posted by Vicks Kennel Club
29-24 #BlewDat
Member since Dec 2010
31210 posts
Posted on 9/7/17 at 7:55 am to
NEO
NEO
NEO

Let's go! I need to stop being lazy and move my NEO into the NEON wallet.
Posted by The Boat
Member since Oct 2008
176111 posts
Posted on 9/7/17 at 8:03 am to
Neo also finally had some good news come out about it regarding China and ICOs.

The price is up $15 in 7 hours.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82096 posts
Posted on 9/7/17 at 8:53 am to
Same here, been too lazy to move it to Neon
Posted by MrSpock
Member since Sep 2015
5085 posts
Posted on 9/7/17 at 9:03 am to
quote:

Same here, been too lazy to move it to Neon



You're giving away free money by doing this. Albeit small GAS is worth something and you can't accumulate if NEO is sitting idle in Bittrex.
Posted by Hatcher Hall Shrink
Jackson, MS
Member since Dec 2016
194 posts
Posted on 9/7/17 at 9:14 am to
You are so logical Mr Spock.
Count me in the lazy bunch also.
I will put my NEO in the wallet this weekend.
Posted by pcolatiger28
Pensacola, Fl
Member since Apr 2009
1284 posts
Posted on 9/7/17 at 9:25 am to
Can you guys shed some light on the Neon wallet? I currently have money in NEO, LSK, and Verge (XVG) via Bittrex. I guess I should starting learning how to move things around and ultimately how to cash out. I've got the coinbase and bittrex buying process down, just not clear on what to do next. Am I missing out on something letting the above coins sit in Bittrex?
Posted by dkreller
Laffy
Member since Jan 2009
33601 posts
Posted on 9/7/17 at 9:47 am to
If you plan on trading NEO, keep it on Binance because it will "generate GAS" on Binance.

I put that in quotes because apparently after a month of holding NEO on Binance they calculate how much GAS should have been generated and convert it to NEO and deposit it in your wallet.

If you're HODLing just download the NEON wallet and store it there.
Posted by bee Rye
New orleans
Member since Jan 2006
34463 posts
Posted on 9/7/17 at 10:05 am to
TRIG shooting up again today, with a big announcement tomorrow and a burn next week.
Posted by UnluckyTiger
Member since Sep 2003
42160 posts
Posted on 9/7/17 at 10:11 am to
So proud of NEO. Their cooperation with the Chinese government (although against the true purpose of crypto) is going to take this baby to the moooon.
Posted by GoldenSombrero
Member since Sep 2010
2880 posts
Posted on 9/7/17 at 10:21 am to
Have they stated how many coins/ what % of the total they are going to burn?
Posted by bee Rye
New orleans
Member since Jan 2006
34463 posts
Posted on 9/7/17 at 10:23 am to
burning 70%
Posted by GoldenSombrero
Member since Sep 2010
2880 posts
Posted on 9/7/17 at 10:27 am to
quote:

burning 70%




I was guessing like 20-30%. Basic law of supply and demand seems like that could have significant impacts on coin value alone, aside from any new announcements.
Posted by bee Rye
New orleans
Member since Jan 2006
34463 posts
Posted on 9/7/17 at 10:30 am to
QWARK burned 50% a few weeks ago, there was a bigger jump in the days leading up to it than there was on the day of the burn. I saw some people complaining about exchanges being down right after, and the price dropping 25% post burn while wallets were in maintenance. I am probably going to set a sell limit before the burn just in case, but I would think it will continue to climb until the 15th, with a big jump expected tomorrow
Posted by dkreller
Laffy
Member since Jan 2009
33601 posts
Posted on 9/7/17 at 10:31 am to
It might already be factored into the price.
Posted by GoldenSombrero
Member since Sep 2010
2880 posts
Posted on 9/7/17 at 10:50 am to
quote:

It might already be factored into the price.


Fair point. For those of you that own TRIG educate me on it's potential. Just digging into this for the first time (soooo many coins to keep track of).

I've watched their demo and the tech looks very cool. What's the purpose of owning the coin though? Do you need the coins to utilize the tech in any way? I haven't been able to find that info yet.

Also, am I correct in understanding if I'm on their network I could be alerted if a gun that is connected to the network is fired within my range?

EDIT: Finally found a draft of their whitepaper but I don't think this is final yet. TRIG Whitepaper
This post was edited on 9/7/17 at 10:55 am
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