Newsnight did a piece on Bitcoin mining last night. Sorry, but left me thinking "what the fcuk is the point of this"? Wasting vast amounts of energy for what possible benefit to society.
There was also an article I read yesterday about some Alt right 'Deplorables Gala' event in Manhattan. Amongst the preachers of hate was someone giving a presentation on crypto currencies!! Not sure what to make of that.
I hear they breathe oxygen to breathe at these events. For that reason I’m also boycotting oxygen.
Newsnight did a piece on Bitcoin mining last night. Sorry, but left me thinking "what the fcuk is the point of this"? Wasting vast amounts of energy for what possible benefit to society.
There was also an article I read yesterday about some Alt right 'Deplorables Gala' event in Manhattan. Amongst the preachers of hate was someone giving a presentation on crypto currencies!! Not sure what to make of that.
I hear they breathe oxygen to breathe at these events. For that reason I’m also boycotting oxygen.
Cheers for that. Very insightful. Guess I should be grateful not to get a flag!
Newsnight did a piece on Bitcoin mining last night. Sorry, but left me thinking "what the fcuk is the point of this"? Wasting vast amounts of energy for what possible benefit to society.
There was also an article I read yesterday about some Alt right 'Deplorables Gala' event in Manhattan. Amongst the preachers of hate was someone giving a presentation on crypto currencies!! Not sure what to make of that.
I hear they breathe oxygen to breathe at these events. For that reason I’m also boycotting oxygen.
Cheers for that. Very insightful. Guess I should be grateful not to get a flag!
Tbh linking crypto currency and the alt right was pointless, daily mail style jibberish.
“Mining” increasingly seems to be outdated and not scalable, using wallets as nodes and “miners” in themselves seems to be the solution the community has come up with.
Newsnight did a piece on Bitcoin mining last night. Sorry, but left me thinking "what the fcuk is the point of this"? Wasting vast amounts of energy for what possible benefit to society.
There was also an article I read yesterday about some Alt right 'Deplorables Gala' event in Manhattan. Amongst the preachers of hate was someone giving a presentation on crypto currencies!! Not sure what to make of that.
I hear they breathe oxygen to breathe at these events. For that reason I’m also boycotting oxygen.
Cheers for that. Very insightful. Guess I should be grateful not to get a flag!
Tbh linking crypto currency and the alt right was pointless, daily mail style jibberish.
Just thought it was interesting. It was an article in the Guardian actually
Newsnight did a piece on Bitcoin mining last night. Sorry, but left me thinking "what the fcuk is the point of this"? Wasting vast amounts of energy for what possible benefit to society.
There was also an article I read yesterday about some Alt right 'Deplorables Gala' event in Manhattan. Amongst the preachers of hate was someone giving a presentation on crypto currencies!! Not sure what to make of that.
I hear they breathe oxygen to breathe at these events. For that reason I’m also boycotting oxygen.
Cheers for that. Very insightful. Guess I should be grateful not to get a flag!
Tbh linking crypto currency and the alt right was pointless, daily mail style jibberish.
Just thought it was interesting. It was an article in the Guardian actually
Newsnight did a piece on Bitcoin mining last night. Sorry, but left me thinking "what the fcuk is the point of this"? Wasting vast amounts of energy for what possible benefit to society.
There was also an article I read yesterday about some Alt right 'Deplorables Gala' event in Manhattan. Amongst the preachers of hate was someone giving a presentation on crypto currencies!! Not sure what to make of that.
Crypto Nazi's? Alt Coin Fascist's? If only there was a catchy term to describe such people.
"Almost half of all bitcoin transactions are associated with illegal activity, a new study has concluded.
Researchers have also linked a quarter of bitcoin users with crime, such as hacks, money laundering and the trading of drugs and illegal pornography.
Worryingly for investors, they believe that the sheer popularity of the cryptocurrency amongst criminals is a major contributor to its value.
If criminals turn their backs on bitcoin and start embracing more privacy-focused digital currencies, its value is “likely” to fall, the researchers say."
I realise that you are a Lifer of few words, but I reckon that I am not the only one who would love to know: How do you assess all the different opportunities which you regularly mention? You appear to make business -based assessments similar to what people should do before buying shares, but what criteria do you use, and where do you get the info that allows you to check them?
Only if you have the time and inclination of course. But if we can all learn from you, we could soon form the consortium to buy Roland out :-)
I'm on my phone at the moment, so don't have access to the bookmarks on my laptop and I'm away from home for a few days but reddit has tons of information all worth reading.
I guess that my point is about the type of information. If you think about buying shares, there is hard info out there, even for penny shares. And the info you seek is essentially similar whatever the size and type of business. I was just asking how @CAFCsayer evaluates those he decides to punt on, because it sure isn't based on the same robust info that you'd use to buy shares.
I took a look at his medicalchain thing, but for me at least I wasn't convinced because it seemed designed to read like a share prospectus, but didn't have any of the meat of such a document. I looked in vain for the hard evidence of an NHS trial, and didn't find that, although it was late in the evening and I may have missed it.
But I am a cautious investor anyway, and am certainly not knocking anyone on this thread. On the contrary i am keen to learn. I've got some Vechain now, largely because I can explain to someone else what it could be used for in the real world that will make a difference - helping to cut out industrial theft, in the supply chain. My question mark remains about what real stake I have in Vechain, a token is not a share, but all in all, I think it's well worth a punt, with an amount I can afford to lose, as @kentaddick keeps saying.
Will type up after work
Right...
As I said before, I don't look at these as currency, rather as quasi equity in the company/technology that underpins each coin.
I tend to look at upcoming icos and break them down...
Firstly I'll look at the idea, whether I think it has real-world application and whether it will solve a problem. Read the whitepaper.
Next I take a look into the team behind the project and any advisors... Where they went to Uni, what degree they got, whether they have a strong enough team to make their idea a reality, previous work-places etc. etc. LinkedIn always a good place to start. For example, the CEO at Medicalchain is an Imperial educated Doctor, with vast experience in the industry.
Then I look at the amount they are planning to raise. Tend to go for those with a small inital market cap, $20-$50mio ideally... Then I'll look at the market caps of coins in the same field if there are any, compare them to their competitors and whether I think that they could reach that cap. If I think there's a reasonable chance of them getting there I'll compare the initial amount raised to the cap of a the competitor in question and look at how much of an increase in the market cap it'll take to get there... I generally go for 1000%+.
Tend to look into partnerships the firm have, are they going to be useful/add major value. i.e. the NHS partnership
I then look at the bonus structure for those entering the pre-sales the big players etc. and how long said bonuses will be tied up for. Generally those with high a amount of bonus tokens are a no-go as when these tokens are free the market tends to dump. This can provide opportunities to get in cheaper though if you didnt manage to get in at the ICO.
Lastly, and most importantly, the hype... Check out the Telegram groups, how many members they have, is the upcoming ICO being talked up in groups on telegram, is it being talked up... If there are more people that want to buy than can get in at the ICO then the likelihood is that they will want to buy on the exchange through fear of missing out on the next big thing... this drives prices higher.
I then pull my initial investment at 300% up if it gets there and take more profit if it hits 500% back into Ether ready for the next ICO.
It's all pretty simple stuff... My risk appetite is pretty high so doesn't suit all people and will probably come unstuck at some point, but seems to be working so far... Started with 3 grand in December and now sitting on just shy of 20
I realise that you are a Lifer of few words, but I reckon that I am not the only one who would love to know: How do you assess all the different opportunities which you regularly mention? You appear to make business -based assessments similar to what people should do before buying shares, but what criteria do you use, and where do you get the info that allows you to check them?
Only if you have the time and inclination of course. But if we can all learn from you, we could soon form the consortium to buy Roland out :-)
I'm on my phone at the moment, so don't have access to the bookmarks on my laptop and I'm away from home for a few days but reddit has tons of information all worth reading.
I guess that my point is about the type of information. If you think about buying shares, there is hard info out there, even for penny shares. And the info you seek is essentially similar whatever the size and type of business. I was just asking how @CAFCsayer evaluates those he decides to punt on, because it sure isn't based on the same robust info that you'd use to buy shares.
I took a look at his medicalchain thing, but for me at least I wasn't convinced because it seemed designed to read like a share prospectus, but didn't have any of the meat of such a document. I looked in vain for the hard evidence of an NHS trial, and didn't find that, although it was late in the evening and I may have missed it.
But I am a cautious investor anyway, and am certainly not knocking anyone on this thread. On the contrary i am keen to learn. I've got some Vechain now, largely because I can explain to someone else what it could be used for in the real world that will make a difference - helping to cut out industrial theft, in the supply chain. My question mark remains about what real stake I have in Vechain, a token is not a share, but all in all, I think it's well worth a punt, with an amount I can afford to lose, as @kentaddick keeps saying.
Will type up after work
Right...
As I said before, I don't look at these as currency, rather as quasi equity in the company/technology that underpins each coin.
I tend to look at upcoming icos and break them down...
Firstly I'll look at the idea, whether I think it has real-world application and whether it will solve a problem. Read the whitepaper.
Next I take a look into the team behind the project and any advisors... Where they went to Uni, what degree they got, whether they have a strong enough team to make their idea a reality, previous work-places etc. etc. LinkedIn always a good place to start. For example, the CEO at Medicalchain is an Imperial educated Doctor, with vast experience in the industry.
Then I look at the amount they are planning to raise. Tend to go for those with a small inital market cap, $20-$50mio ideally... Then I'll look at the market caps of coins in the same field if there are any, compare them to their competitors and whether I think that they could reach that cap. If I think there's a reasonable chance of them getting there I'll compare the initial amount raised to the cap of a the competitor in question and look at how much of an increase in the market cap it'll take to get there... I generally go for 1000%+.
Tend to look into partnerships the firm have, are they going to be useful/add major value. i.e. the NHS partnership
I then look at the bonus structure for those entering the pre-sales the big players etc. and how long said bonuses will be tied up for. Generally those with high a amount of bonus tokens are a no-go as when these tokens are free the market tends to dump. This can provide opportunities to get in cheaper though if you didnt manage to get in at the ICO.
Lastly, and most importantly, the hype... Check out the Telegram groups, how many members they have, is the upcoming ICO being talked up in groups on telegram, is it being talked up... If there are more people that want to buy than can get in at the ICO then the likelihood is that they will want to buy on the exchange through fear of missing out on the next big thing... this drives prices higher.
I then pull my initial investment at 300% up if it gets there and take more profit if it hits 500% back into Ether ready for the next ICO.
It's all pretty simple stuff... My risk appetite is pretty high so doesn't suit all people and will probably come unstuck at some point, but seems to be working so far... Started with 3 grand in December and now sitting on just shy of 20
Make that 17... Was 20 when I last checked about 3 hours ago, this stuff is so volatile
Great insights, @CAFCsayer , thanks for taking the time to share that.
I just read this article. It underlines that many of the "things" - tokens - we discuss here are not even trying to be currencies, and is a stab at a rational mapping of what different types of tokens are trying to be.
I couldn't work out exactly where Vechain would fit on their map, probably because I have not sufficiently understood Vechain in the first place.
Great insights, @CAFCsayer , thanks for taking the time to share that.
I just read this article. It underlines that many of the "things" - tokens - we discuss here are not even trying to be currencies, and is a stab at a rational mapping of what different types of tokens are trying to be.
I couldn't work out exactly where Vechain would fit on their map, probably because I have not sufficiently understood Vechain in the first place.
Skimmed through it but Vechain is a utility crypto (from what I can guess). The blockchain will hold information which you will then spend Thor (which is generated by Vechain) to access and use the information
You do realise KA, that we are all gonna come round your gaff in a years time and beat the living sh*t out of you when we've all lost all our money on Vechain !
You do realise KA, that we are all gonna come round your gaff in a years time and beat the living sh*t out of you when we've all lost all our money on Vechain !
Or we all club together to buy the club when we’re all crypto millionaires
You do realise KA, that we are all gonna come round your gaff in a years time and beat the living sh*t out of you when we've all lost all our money on Vechain !
Or we all club together to buy the club when we’re all crypto millionaires
I realise that you are a Lifer of few words, but I reckon that I am not the only one who would love to know: How do you assess all the different opportunities which you regularly mention? You appear to make business -based assessments similar to what people should do before buying shares, but what criteria do you use, and where do you get the info that allows you to check them?
Only if you have the time and inclination of course. But if we can all learn from you, we could soon form the consortium to buy Roland out :-)
I'm on my phone at the moment, so don't have access to the bookmarks on my laptop and I'm away from home for a few days but reddit has tons of information all worth reading.
I guess that my point is about the type of information. If you think about buying shares, there is hard info out there, even for penny shares. And the info you seek is essentially similar whatever the size and type of business. I was just asking how @CAFCsayer evaluates those he decides to punt on, because it sure isn't based on the same robust info that you'd use to buy shares.
I took a look at his medicalchain thing, but for me at least I wasn't convinced because it seemed designed to read like a share prospectus, but didn't have any of the meat of such a document. I looked in vain for the hard evidence of an NHS trial, and didn't find that, although it was late in the evening and I may have missed it.
But I am a cautious investor anyway, and am certainly not knocking anyone on this thread. On the contrary i am keen to learn. I've got some Vechain now, largely because I can explain to someone else what it could be used for in the real world that will make a difference - helping to cut out industrial theft, in the supply chain. My question mark remains about what real stake I have in Vechain, a token is not a share, but all in all, I think it's well worth a punt, with an amount I can afford to lose, as @kentaddick keeps saying.
Will type up after work
Right...
As I said before, I don't look at these as currency, rather as quasi equity in the company/technology that underpins each coin.
I tend to look at upcoming icos and break them down...
Firstly I'll look at the idea, whether I think it has real-world application and whether it will solve a problem. Read the whitepaper.
Next I take a look into the team behind the project and any advisors... Where they went to Uni, what degree they got, whether they have a strong enough team to make their idea a reality, previous work-places etc. etc. LinkedIn always a good place to start. For example, the CEO at Medicalchain is an Imperial educated Doctor, with vast experience in the industry.
Then I look at the amount they are planning to raise. Tend to go for those with a small inital market cap, $20-$50mio ideally... Then I'll look at the market caps of coins in the same field if there are any, compare them to their competitors and whether I think that they could reach that cap. If I think there's a reasonable chance of them getting there I'll compare the initial amount raised to the cap of a the competitor in question and look at how much of an increase in the market cap it'll take to get there... I generally go for 1000%+.
Tend to look into partnerships the firm have, are they going to be useful/add major value. i.e. the NHS partnership
I then look at the bonus structure for those entering the pre-sales the big players etc. and how long said bonuses will be tied up for. Generally those with high a amount of bonus tokens are a no-go as when these tokens are free the market tends to dump. This can provide opportunities to get in cheaper though if you didnt manage to get in at the ICO.
Lastly, and most importantly, the hype... Check out the Telegram groups, how many members they have, is the upcoming ICO being talked up in groups on telegram, is it being talked up... If there are more people that want to buy than can get in at the ICO then the likelihood is that they will want to buy on the exchange through fear of missing out on the next big thing... this drives prices higher.
I then pull my initial investment at 300% up if it gets there and take more profit if it hits 500% back into Ether ready for the next ICO.
It's all pretty simple stuff... My risk appetite is pretty high so doesn't suit all people and will probably come unstuck at some point, but seems to be working so far... Started with 3 grand in December and now sitting on just shy of 20
Ffs. £17k. Genuinely had you down as the next mega bucks owner of Charlton. Stop pissing about with £3K and go large!
Ps. Good luck. Seems like you are fully de-risked and all power to your elbow.
Have you registered for bee token or is it free reign as of the 31st? I tried to register before the deadline, but it says only pre approved people can sign up at this point.
Comments
http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-fall-criminals-blockchain-anonymous-cryptocurrency-zcash-monero-dash-a8174716.html
"Almost half of all bitcoin transactions are associated with illegal activity, a new study has concluded.
Researchers have also linked a quarter of bitcoin users with crime, such as hacks, money laundering and the trading of drugs and illegal pornography.
Worryingly for investors, they believe that the sheer popularity of the cryptocurrency amongst criminals is a major contributor to its value.
If criminals turn their backs on bitcoin and start embracing more privacy-focused digital currencies, its value is “likely” to fall, the researchers say."
The first picture shows a pretty impressive set up.
Vechain have just announced a partnership with DNV GL
https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor's+Take+on+Cryptoassets+v6.pdf
As I said before, I don't look at these as currency, rather as quasi equity in the company/technology that underpins each coin.
I tend to look at upcoming icos and break them down...
Firstly I'll look at the idea, whether I think it has real-world application and whether it will solve a problem. Read the whitepaper.
Next I take a look into the team behind the project and any advisors... Where they went to Uni, what degree they got, whether they have a strong enough team to make their idea a reality, previous work-places etc. etc. LinkedIn always a good place to start. For example, the CEO at Medicalchain is an Imperial educated Doctor, with vast experience in the industry.
Then I look at the amount they are planning to raise. Tend to go for those with a small inital market cap, $20-$50mio ideally... Then I'll look at the market caps of coins in the same field if there are any, compare them to their competitors and whether I think that they could reach that cap. If I think there's a reasonable chance of them getting there I'll compare the initial amount raised to the cap of a the competitor in question and look at how much of an increase in the market cap it'll take to get there... I generally go for 1000%+.
Tend to look into partnerships the firm have, are they going to be useful/add major value. i.e. the NHS partnership
I then look at the bonus structure for those entering the pre-sales the big players etc. and how long said bonuses will be tied up for. Generally those with high a amount of bonus tokens are a no-go as when these tokens are free the market tends to dump. This can provide opportunities to get in cheaper though if you didnt manage to get in at the ICO.
Lastly, and most importantly, the hype... Check out the Telegram groups, how many members they have, is the upcoming ICO being talked up in groups on telegram, is it being talked up... If there are more people that want to buy than can get in at the ICO then the likelihood is that they will want to buy on the exchange through fear of missing out on the next big thing... this drives prices higher.
I then pull my initial investment at 300% up if it gets there and take more profit if it hits 500% back into Ether ready for the next ICO.
It's all pretty simple stuff... My risk appetite is pretty high so doesn't suit all people and will probably come unstuck at some point, but seems to be working so far... Started with 3 grand in December and now sitting on just shy of 20
Are you tied in to your amount you quoted on registration for ICOs?
Will any future company decisions directly affect you if you buy at an ICO rather Than waiting for them to be on an exchange?
As in do you have any liability other than your investment for owning them from the outset?
I just read this article. It underlines that many of the "things" - tokens - we discuss here are not even trying to be currencies, and is a stab at a rational mapping of what different types of tokens are trying to be.
I couldn't work out exactly where Vechain would fit on their map, probably because I have not sufficiently understood Vechain in the first place.
Ps. Good luck. Seems like you are fully de-risked and all power to your elbow.
Bee token whitelist has closed
https://crowdsale.storiqa.com/