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re: Official CryptoTalk Thread

Posted on 2/3/18 at 9:54 am to
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/3/18 at 9:54 am to
quote:

The rebrand is at the end of the month. Wallet and Thor won’t be till June.


No the rebranding is ongoing as we speak. The website is being upgraded right now. Sunny has said multiple times the rebranding is a 1-2 month process. Their celebration “Apotheosis” is 26 FEB. Yes June timeframe is when the wallet is expected to come out and THOR will be generated. Sunny also has stated that even if you keep your VET on an exchange you will still generate THOR which is a great news story for scrap holders.
This post was edited on 2/3/18 at 9:55 am
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 2/3/18 at 9:54 am to
quote:

No offense but I am going to call you on the carpet on your predictions and speculation. You didn't even know how projections work on the stock market and have admitted investing in general is new to you. Add that to your statement above and it's clear you don't understand how growth works for companies.


No offense taken. You're not wrong. But are you actually telling me you agree with OWS that .008 is still a good buy in? Again, I hedged by saying it could be true, but I'm not willing to bet on it. You folks playing with "house money" is a whole different animal and I would be a little more out in front with you if that were my position. It is not. You have several people who have come on board in the last few days who, like me, aren't going to get to buy in as low as you did, so if/when things go badly, it happens for them much faster than for some of you. Everyone's position in this game is NOT equal and I think it's important to remember that as not to shill people into bad decisions as OWS seems to do a good bit. As I've said before, I respect your opinion and if I were in the boat you're in, I'd probably tackle it the way you are.

quote:

Let's put your above statement to a new company just like VEN is a new coin. The growth from that company doesn't just come from partnership announcements or road plans. It comes from producing on and capitalizing on said partnerships, road plans, and new growth.


Understood. But did I miss VEN actually producing something? Perhaps I did, but the last I had read into it, I didn't see any news that any of this potential had yet been realized. Happy to admit if I'm wrong on that. As of now, everything is still conjecture.

quote:

The above is also why OWS freaking out about ICX is laughable.


Same applies. I haven't followed ICX as closely, but what is the current "product" or practical application?
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/3/18 at 9:58 am to
quote:

But are you actually telling me you agree with OWS that .008 is still a good buy in?


Are you serious right now? So you are trying to tell me that VEN will not increase in the slightest from its current valuation EVER?
Posted by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 2/3/18 at 9:58 am to
Ok cool , gives me more time to load up on more!
Posted by stout
Porte du Lafitte
Member since Sep 2006
180568 posts
Posted on 2/3/18 at 9:59 am to
You may be correct ultimately. The thing is there are so many coins that no one knows which will take off next and it's all pure speculation based on what coins project they can do. It's much like investing early in a biotech startup. They go bust all the time despite having huge early promise.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
69696 posts
Posted on 2/3/18 at 10:04 am to
Anyone hear anymore about FairX? Stellar and IBM are totally silent on that.
Posted by stout
Porte du Lafitte
Member since Sep 2006
180568 posts
Posted on 2/3/18 at 10:06 am to
quote:

Understood. But did I miss VEN actually producing something? Perhaps I did, but the last I had read into it, I didn't see any news that any of this potential had yet been realized. Happy to admit if I'm wrong on that. As of now, everything is still conjecture.


Crypto investing is all speculation outside of maybe Ethereum at this point but that doesn't discount the fact that you are making it out like anyone who wants to roll the dice on VEN is now screwed because the price is too high. Nevermind the fact that it's literally 50% off from its ATH, you are dismissing that out of all the coins that exist, it's the only small altcoin that is actually announcing big partnerships and drawing interest from huge conglomerates.

All of that could crash tomorrow, but as of now it's hard to deny it has promise.

Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 2/3/18 at 10:08 am to
quote:


Are you serious right now? So you are trying to tell me that VEN will not increase in the slightest from its current valuation EVER?


Which coin did you say this about this time last year? That would be my first question.

Look, I was pretty clear in saying it can happen and I also said it's a better bet for those who HODL. I'm just not expecting a super jump in the short-term and a couple of the new posters in here were pretty clear, I think, about looking at short-term.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 2/3/18 at 10:10 am to
quote:

You may be correct ultimately. The thing is there are so many coins that no one knows which will take off next and it's all pure speculation based on what coins project they can do. It's much like investing early in a biotech startup. They go bust all the time despite having huge early promise.


We're on the same page, man. You just have a better background in this than I do. But we are essentially pointing out the same thing.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78064 posts
Posted on 2/3/18 at 10:16 am to
Well said. I’m not going to buy any more crypto currency. I’m going to hold onto what I have and be done with it. I don’t care for this over speculative hype.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5601 posts
Posted on 2/3/18 at 10:19 am to
Last year olewarskulealum was a huge hater of crypto, so you can't ask him about stuff from last year.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 2/3/18 at 10:21 am to
quote:

you are making it out like anyone who wants to roll the dice on VEN is now screwed because the price is too high.


Not my goal. I'm just urging a little caution. Had I been awake when it hit $3.80 yesterday, I'd have been all-in for some more. At the current price, based on what I've seen, it's too risky for me, personally. Doesn't mean that it is for you or someone else, but I wouldn't go pulling the trigger on it, any coin or any stock out of fear of "missing out" based on where it is now. There are some here and in other places I've seen that clearly put in more than they were okay losing and apparently didn't realize it until shite was hitting the fan the last two days. I'm just pushing a little caution. Not saying don't do it under any circumstance. Tolerances vary wildly.

quote:

it's the only small altcoin that is actually announcing big partnerships and drawing interest from huge conglomerates.


I've seen the announcements from the Vechain team. I've seen little from any of those partners. Why? When you look into the MSU announcement, you can't find anything FROM MSU touting their research partnership. Only Vechain saying THEY selected MSU. That's a two-way deal. I'd be more comfortable hearing something from the partners. Still, Vechain has more promise than any other coin on the alt market if I were in a good position to bet. Again, just be cautious.

Consider me the anti-OWS.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/3/18 at 10:23 am to
I'm a simple man.

I see VEN less than 0.006 ETH, I buy.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5601 posts
Posted on 2/3/18 at 10:23 am to
No one can predict any of these coins and monone can tell you for sure when the right time to buy in is. I personally feel VEN is a big value right now.

Look at the first page of this thread. It was less than a year ago and ETH was trading at $80. People may have thought it wasn't a bargain back then.

It all depends on what you are wnting to do. If you are going to daytrade then maybe it's not a value but if you are going to hodl for a year it may do like ETH and be up over 1000% or more this time next year
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60720 posts
Posted on 2/3/18 at 10:32 am to
Pretty strong flow of US$ to BTC right now. South Africa is buying pretty big as well.
Real Time World Currency into BItCoin
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/3/18 at 10:37 am to
That site is really interesting, primarily because it shows you the site people are using.

A lot of purchases from bitfinex, I guess their FUD hurt the market more than I thought
Posted by castorinho
13623 posts
Member since Nov 2010
87085 posts
Posted on 2/3/18 at 10:56 am to
quote:

Had I been awake when it hit $3.80 yesterday
this is like the fourth time I'm telling you this, and now that you own eth it's even more relevant. $3.80 means squat when you already own btc or eth. It could have been down to $3.80, yet still up on eth. Based on your posts, I think you understand that but you need to eliminate USD from your language when you're already in.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 2/3/18 at 11:03 am to
quote:

this is like the fourth time I'm telling you this, and now that you own eth it's even more relevant. $3.80 means squat when you already own btc or eth. It could have been down to $3.80, yet still up on eth. Based on your posts, I think you understand that but you need to eliminate USD from your language when you're already in.



I'm not the only one who speaks of it relative to both, so don't overthink it. I get the VEN/ETH ratio is the one I'm looking at. So if it makes you happier, had I been awake when it hit .004175 yesterday....yadda, yadda, yadda. Regardless of how I state that, it was a literal STEAL at that rate. And if you got some then, good on ya!
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60720 posts
Posted on 2/3/18 at 11:23 am to
A ton of alts were a steal yesterday am. Just depends if you had US$ to throw at them.

Otherwise for most people, you’re just robbing Peter to pay Paul.


And nobody wants a sore peter.
This post was edited on 2/3/18 at 11:34 am
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
76948 posts
Posted on 2/3/18 at 11:42 am to
quote:

And nobody wants a sore peter.


I do if it is from use.

Frogger, where is btc $ today?
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