01-09-2018, 03:26 PM
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#221
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Franchise Player
Join Date: Feb 2011
Location: Somewhere down the crazy river.
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Quote:
Originally Posted by Slava
Anyone super excited about kodakcoin?
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Mama don't take my kodakcoin away-yay-yay-yay...
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The Following User Says Thank You to Wormius For This Useful Post:
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01-09-2018, 07:06 PM
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#222
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First Line Centre
Join Date: Oct 2001
Location: The centre of everything
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Has anyone here staked there coins or setup a node for one of the chains? Was looking at it today and have no idea on computing requirements. Heard about it when I was reading up on WTC and LINK. Neither one do it yet, but sounds like they are going to be similar to NEO nodes (10-20% payback / year, similar to a dividend).
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01-11-2018, 08:08 AM
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#224
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Franchise Player
Join Date: Dec 2003
Location: Sector 7-G
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What would be the best Cryptocurrency to invest in now? Or is it too late to get in on the action?
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01-11-2018, 09:41 AM
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#225
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Powerplay Quarterback
Join Date: Oct 2006
Location: Calgary, Alberta, Canada!
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Quote:
Originally Posted by FLAMESRULE
Has anyone here staked there coins or setup a node for one of the chains? Was looking at it today and have no idea on computing requirements. Heard about it when I was reading up on WTC and LINK. Neither one do it yet, but sounds like they are going to be similar to NEO nodes (10-20% payback / year, similar to a dividend).
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I have definitely done quite a bit of staking. I have done so with a coin called Buzzcoin, currently it offers 100% staking reward each month. This will decline soon to something less inflationary. Essentially all it requires is keeping your Buzzcoin desktop wallet open, unlocked with your coins in it running 24/7. Here is a link to more info on Buzzcoin http://buzzcoin.info/index.html
I have done this with other coins as well. I have not done any masternodes yet but am looking into it with a few different coins. I kind of plan on doing the masternode on its own PC, nothing much running just dedicated to masternodes and running some of my wallets.
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The Following User Says Thank You to LouCypher For This Useful Post:
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01-11-2018, 09:46 AM
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#226
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Powerplay Quarterback
Join Date: Oct 2006
Location: Calgary, Alberta, Canada!
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Quote:
Originally Posted by Otto-matic
What would be the best Cryptocurrency to invest in now? Or is it too late to get in on the action?
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I like looking at really cheap ones that have a lot of active development behind them with some unique or at least in demand features like fast transaction times and low fees. I have been along for the ride with XVG both buying some and mining it, I first got in around .002 usd and now its spiked and kind been bouncing between .10 and .20 cent US.
HTMLCOIN is a coin that also has quite a bit going on behind the scenes, still well under a penny. Both these coins have a decent amount of info about them on their web pages. Reddit, bitcoin talks, discord and telegram are also good places to look for more info.
Coin Market Cap is a good reference for coins as well but beware that the information there sometimes can be a little off, there is much that goes under the radar for these sites and with so many variables it is hard for anyone to properly aggregate all the info in one place.
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01-11-2018, 01:41 PM
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#227
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Franchise Player
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Quote:
Originally Posted by LouCypher
I like looking at really cheap ones that have a lot of active development behind them with some unique or at least in demand features like fast transaction times and low fees. I have been along for the ride with XVG both buying some and mining it, I first got in around .002 usd and now its spiked and kind been bouncing between .10 and .20 cent US.
HTMLCOIN is a coin that also has quite a bit going on behind the scenes, still well under a penny. Both these coins have a decent amount of info about them on their web pages. Reddit, bitcoin talks, discord and telegram are also good places to look for more info.
Coin Market Cap is a good reference for coins as well but beware that the information there sometimes can be a little off, there is much that goes under the radar for these sites and with so many variables it is hard for anyone to properly aggregate all the info in one place.
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Am getting into this whole thing now, but only use coinbase for the main coins right now.... What are you using to trade these lesser known coins?
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01-11-2018, 01:49 PM
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#228
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Franchise Player
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Client of mine called today asking about bitcoin. Not the investment, but a job opportunity. They're opening an office in Edmonton and they're courting her. I didn't know what to tell her other than to exercise the same due diligence as with any potential employer.
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01-11-2018, 01:54 PM
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#229
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Franchise Player
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Quote:
Originally Posted by MoneyGuy
Client of mine called today asking about bitcoin. Not the investment, but a job opportunity. They're opening an office in Edmonton and they're courting her. I didn't know what to tell her other than to exercise the same due diligence as with any potential employer.
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First red flag would be...are they paying her in Bitcoins?
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01-11-2018, 03:15 PM
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#230
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First Line Centre
Join Date: Oct 2001
Location: The centre of everything
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Quote:
Originally Posted by bubbsy
Am getting into this whole thing now, but only use coinbase for the main coins right now.... What are you using to trade these lesser known coins?
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I use Binance. Bittrex, Poloniex, are other popular ones for the smaller coins. Not sure where LouCypher trades Buzz + HTML though.
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01-11-2018, 03:18 PM
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#231
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First Line Centre
Join Date: Oct 2001
Location: The centre of everything
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Quote:
Originally Posted by LouCypher
I have definitely done quite a bit of staking. I have done so with a coin called Buzzcoin, currently it offers 100% staking reward each month. This will decline soon to something less inflationary. Essentially all it requires is keeping your Buzzcoin desktop wallet open, unlocked with your coins in it running 24/7. Here is a link to more info on Buzzcoin http://buzzcoin.info/index.html
I have done this with other coins as well. I have not done any masternodes yet but am looking into it with a few different coins. I kind of plan on doing the masternode on its own PC, nothing much running just dedicated to masternodes and running some of my wallets.
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Any reason you dont have a dedicated PC for staking that you'd build into a node?? I'm obviously a noob on that part of the cryptoasset investment, but are their not security concerns about getting hacked with your wallet open?? I assume it has to be a dedicated coin/token wallet as well and not a MEW or similar in order to stake.
If you'll share, what coins are you looking at for nodes?? I've got 2 that I'm following closely. WTC, but it needs 5000WTC...and LINK, with no details yet.
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01-11-2018, 08:21 PM
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#232
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Powerplay Quarterback
Join Date: Oct 2006
Location: Calgary, Alberta, Canada!
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Quote:
Originally Posted by bubbsy
Am getting into this whole thing now, but only use coinbase for the main coins right now.... What are you using to trade these lesser known coins?
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Cryptopia, binance and bittrex all have a good variety of alternative coins. Usually to trade on their platforms you transfer bitcoin or ethereum over to your wallet on those sites and then most alt coins have prices pegged to both bitcoin and ethereum that you can trade with. I would say best practice if your going to hold onto a coin is to not store it on an exchange. Most people day trading these alt coins though will have to have something kept on the exchange to trade with.
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The Following User Says Thank You to LouCypher For This Useful Post:
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01-11-2018, 08:27 PM
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#233
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Powerplay Quarterback
Join Date: Oct 2006
Location: Calgary, Alberta, Canada!
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Quote:
Originally Posted by FLAMESRULE
Any reason you dont have a dedicated PC for staking that you'd build into a node?? I'm obviously a noob on that part of the cryptoasset investment, but are their not security concerns about getting hacked with your wallet open?? I assume it has to be a dedicated coin/token wallet as well and not a MEW or similar in order to stake.
If you'll share, what coins are you looking at for nodes?? I've got 2 that I'm following closely. WTC, but it needs 5000WTC...and LINK, with no details yet.
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Wallet open would be a concern if someone has access to your pc. I would say just to keep thing simpler since it can be to many things to mange I like the separate PC so I can have tighter security in place and also keep it low use so that I'm not worried about hardware failure. Although backups are a must. I have considered linux for the separate pc as well but not quite there yet as I'm not very familiar with linux yet.
For nodes I am looking at Denarius coin which is currently developing them. Also I know chaincoin, htmlcoin and buzzcoin are all possibilities for running a master node. I'll have to look at WTC and LINK, I know most of masternodes I've seen require a fairly substantial amount of coins to start but its a nice low maintenance way to get more coins as opposed to mining which can wear down a pc over time and uses far more electricity.
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01-11-2018, 08:28 PM
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#234
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Powerplay Quarterback
Join Date: Oct 2006
Location: Calgary, Alberta, Canada!
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Quote:
Originally Posted by FLAMESRULE
I use Binance. Bittrex, Poloniex, are other popular ones for the smaller coins. Not sure where LouCypher trades Buzz + HTML though.
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BUZZ is on Yobit which is not my favorite exchange, HTML is on bleutrade which is a smaller exchange. Both of these though have quite a few active applications in to get listed on many more exchanges soon likely over the next few weeks and months.
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01-13-2018, 08:44 AM
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#235
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#1 Goaltender
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I have small positions in these coins. ADA, BTC, FUN, TRX, XLM, and XVG. I think that diversifying your crypto portfolio is a good idea. I've been selling when the prices are high then adding more coins when the prices go down again. Been doing this for a few months. I am also staking BUZZ and am hoping that it will see some big gains this year. Currently sitting around 9-13 Satoshi's.
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01-13-2018, 08:54 AM
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#236
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Lifetime Suspension
Join Date: Sep 2011
Location: Calgary
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I converted some ETH into 0x last week. My first venture into alt coins/tokens.
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01-13-2018, 04:15 PM
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#238
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Powerplay Quarterback
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Quote:
Originally Posted by BananaPancakes
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Banks have been accepting and researching blockchain technology for a while now
Sent from my Pixel 2 XL using Tapatalk
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01-13-2018, 04:16 PM
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#239
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Lifetime Suspension
Join Date: Sep 2011
Location: Calgary
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Quote:
Originally Posted by BananaPancakes
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Not so much cryptos, but blockchain definitely.
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01-14-2018, 03:11 PM
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#240
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Powerplay Quarterback
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No joke: KFC Canada starts accepting Bitcoin for a bucket of chicken, immediately sells out
http://business.financialpost.com/ne...tely-sells-out
Quote:
Many commenters on the Facebook post appeared to regard the promotion as a joke.
“$20 bucket today, $5 bucket tomorrow, $200 bucket next week,” wrote Nathan Hudson, alluding to the cryptocurrency’s volatility.
Others noted the cost of the bucket would come out to about $40 due to a $20 transaction fee.
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