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re: Official CryptoTalk Thread

Posted on 3/19/18 at 6:44 pm to
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 3/19/18 at 6:44 pm to
What ya working with? I saw 244.

Let me see what the formulas are looking like I’m guessing the more vet the better
This post was edited on 3/19/18 at 6:48 pm
Posted by Bustedsack
Member since Dec 2017
4387 posts
Posted on 3/19/18 at 7:44 pm to
What's with all of this 16k VEN talk?

I know this is going to be a stupid question but, can I just buy a few VEN? I don't understand this whole "node" thing.
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 3/19/18 at 8:24 pm to
You have to understand the Ven node tiers.

Yes you can buy however much Ven you want if you believe in the project

Me and 14 other guys joined together to pool our Ven to reach node status
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 3/19/18 at 8:59 pm to
What are the downsides to getting a node? VEN is tied up and can’t sell on a whim?
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 3/19/18 at 9:31 pm to
Yup

If you ever drop your wallet below 6k you lose x node status and can never get it back
This post was edited on 3/19/18 at 9:32 pm
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 3/19/18 at 9:36 pm to
And all X node gets you is VET or whatever the hell it is?
Posted by castorinho
13623 posts
Member since Nov 2010
82032 posts
Posted on 3/19/18 at 9:38 pm to
I am ready to dump mine. Watching closely.
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 3/19/18 at 9:45 pm to
I thought this shite was about to skyrocket once this node thing went through.

Why would you dump?
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 3/19/18 at 9:54 pm to
It gives you a daily bonus towards Thor generated

Plus some perks like presales and ico discounts
Posted by castorinho
13623 posts
Member since Nov 2010
82032 posts
Posted on 3/19/18 at 9:54 pm to
I'm no longer trying to follow these long term alt projects, and just strictly playing the swings and accumulating more ETH. I'll take my small gains here and there. No moon for me.
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 3/19/18 at 10:08 pm to
VEN is going to do more ICO stuff? How’s that?
Posted by DreauxB2015
Member since Nov 2015
7725 posts
Posted on 3/20/18 at 2:04 am to
Vechain Foundation @VechainOffical
The X Node on-going seniority tracking has begun(block 5287109). We're happy to announce that an estimated 51.9% of 511M circulating supply are de facto locked up. Approx.7707 wallets will be granted X Node status, estimated 162M VET are being locked up by Authority and X Nodes.

Like Ive been saying the circulating supply after nodes are locked up will drastically change and by Vechain Foundations tweet will be cut nearly in half.
This post was edited on 3/20/18 at 2:06 am
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 3/20/18 at 8:30 am to
So realistically, should I buy back into VEN? It's dropped a bit and is tempting, but I'm wondering if it's fools gold.....
Posted by DreauxB2015
Member since Nov 2015
7725 posts
Posted on 3/20/18 at 8:43 am to
With ETH and BTC shitting the bed lately , everything is fools gold it seems . It may fall more and it may not . I got some left over VEN Ive been having on binance for about 5 days with a sell order at .0072 just incase it takes off .
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/20/18 at 9:06 am to
VEN will dip a bit from a "sell the news" phenomenon but I doubt it will go back to where it was before if its true 50% supply went poof.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 3/20/18 at 9:07 am to
Well BTC has managed to pull its pants up just a little bit in the last couple of days, so I'm really weighing whether or not I want to pull out of it to put back into VEN. If there's no short-term gain to be had from doing so, I probably won't. I would figure VEN would still be pumping as of now if it were going to do it at all, but it doesn't appear to be. Thinking it might be best to hold off. I feel like the X node thing coming to an end today is going to cause it to retract again for a bit.
Posted by DreauxB2015
Member since Nov 2015
7725 posts
Posted on 3/20/18 at 9:39 am to
quote:

Thinking it might be best to hold off
To be honest , thats what I would do . I think it might retract some as well but what do I know . Approaching .0069 again and the volume is rising some .
This post was edited on 3/20/18 at 9:44 am
Posted by castorinho
13623 posts
Member since Nov 2010
82032 posts
Posted on 3/20/18 at 10:07 am to
quote:

So realistically, should I buy back into VEN? It's dropped a bit and is tempting, but I'm wondering if it's fools gold.....

Seems like it's been fairly steady

Eta: Nvm, was looking at eth pairing. Slightly more spread with btc.
This post was edited on 3/20/18 at 10:09 am
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 3/20/18 at 11:03 am to
quote:

Seems like it's been fairly steady


You're still not wrong, though. It has held much steadier than most other alts. It's the likelihood (or not) of being able to pull any short-term gain out of it. If it starts a steady rise over the next couple of months, it could be a great point to buy-in. But of course, there's just no way to know.
Posted by Josh Fenderman
Ron Don Volante's PlayPen
Member since Jul 2011
6709 posts
Posted on 3/20/18 at 3:06 pm to
Anyone ever watch the 24/7 crypto channel on twitch?

Just wondering if I can learn anything worthwhile from that
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