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    Monday, August 13, 2018

    Cryptocurrency Daily Discussion Megathread - August 13, 2018

    Cryptocurrency Daily Discussion Megathread - August 13, 2018


    Daily Discussion Megathread - August 13, 2018

    Posted: 12 Aug 2018 11:27 PM PDT

    Welcome to the Daily Discussion Megathread. Please read the disclaimer, guidelines, and rules before participating.

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    Thank you in advance for your participation. Enjoy!

    submitted by /u/CryptoCurrencyMod
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    Invested $15,000 in crypto ...

    Posted: 12 Aug 2018 06:06 PM PDT

    My first purchase was LTC at $300 in dec 2017. Luckily i only bought 2 coins.

    So after some research i made my second purchase and got bitcoin cash at $2,000 this seemed like a no brainer . I saw it was $4,000 + so i figured at $2000 it was a bargain. I dropped $5,000...

    The rest i spent on neo, icon and elastos. I spent around $8,000 -$9,000 in these projects.

    Dollar cost for my icx, neo and elastos are Icx $2.50 Neo $70 ela $25

    Im not as bad as the dude who took out the loan but i basically took my life savings in crypto . Fuck it im happy and dont need my coins to go to all time high to get my money back. I been dollar cost averaging and buying the dip.....I did research and if all my coins go to all time high , i would have about $100k investment lol the likely of that happening is uncertain but fuck it, i took a risk and im hopeful. The good thing is i have a regular job so i am not hurting for money or need my coins to moon to pay bills... if it moons sweeet it not , at least i gave this a shot :)

    Cheers and thanks for listening Much Love <3

    submitted by /u/iconwolf7897
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    Here is my bank instalment related to the loan I took to invest in crypto. Still 3 and half years to go until I'm freed. Until then, I'm working for nothing and I'm at 85% loss. I hope it gives you a lesson.

    Posted: 12 Aug 2018 10:53 AM PDT

    Vitalik's new Consensus Algorithm to make 51% attack obsolete, requires 99% nodes for attack

    Posted: 12 Aug 2018 07:45 AM PDT

    The Challenges of accepting payment in Cryptocurrency is the main reason that stops crypto from mass adoption. To overcome this problem vendors must have the ability to accept crypto easily and without a risk.

    Posted: 13 Aug 2018 12:31 AM PDT

    Invested nothing but time

    Posted: 12 Aug 2018 08:51 PM PDT

    So, figured I'd tell my story.

    I hear bitcoin hit 3k in March of last year, I thought to myself 'how can I get in this?' I didn't want to spend any money.

    So I did some research, saw NEO had a novel consensus algorithm, someone asked if it had a ledger app.

    So I did some research, made a ledger app for neo. Then wanchain. Then nano. Then bananos. Next eos. (Roosmaa ended up doing most of the nano/banano app, great guy, faster than I am)

    Did it for tips or for investment from the dev team. I am up 100% on my investments because I did not see it as a place for money, more a place to do work to improve the product.

    So if you look at this as a place to dump your life savings, you will probably be down in this bear market.

    If you instead look at this as a place to work hard and look for opportunities to improve the products that are on the market, you will be up 100%.

    I then got involved in the crisis in Venezuela, so I'm up 100% but also reinvesting some of that in charity work. Win/win in my case.

    I could say more about the crisis and how it's a golden opportunity to use payment tokens to invest in real-world projects with full transparency as to how they spend their money but I don't want to shill anything and get downvoted.

    submitted by /u/coranos2
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    Bought Crypto in Nov 2013? Then Feb 2017 was your break-even date.

    Posted: 12 Aug 2018 02:48 PM PDT

    I was at the National Museum of American History in Washington D.C today and I ran into this!

    Posted: 12 Aug 2018 06:11 PM PDT

    Close to launch - Localcoinswap is going to enable more flexibility to traders globally

    Posted: 13 Aug 2018 01:44 AM PDT

    Dead Coin Walking: BitConnect Set to Be Delisted from Last Crypto Exchange

    Posted: 12 Aug 2018 02:34 PM PDT

    Kim Dotcom warns of financial collapse, urges followers to buy crypto and gold

    Posted: 12 Aug 2018 06:03 PM PDT

    Buy Crypto Now or Regret It Later

    Posted: 13 Aug 2018 12:05 AM PDT

    By covering up Q2 losses Bitmain IPO seems all messed up

    Posted: 13 Aug 2018 12:54 AM PDT

    “23andMe exercised their right according to their end user agreement to do what they please with the collected data” - This is why Self Sovereign Identity is of critical importance, we need to support projects that are trying to realize this goal.

    Posted: 12 Aug 2018 10:15 PM PDT

    Tom Lee: Millennials' Distaste for Banks Could Trigger New Wave of Crypto Financial Institutions

    Posted: 12 Aug 2018 12:08 PM PDT

    This is NOT a financial advice (Youtube crytpo "Experts"). No, it is a financial Advice!

    Posted: 13 Aug 2018 12:40 AM PDT

    Most youtube videos start with a phase along the line of "This is NOT a financial advice ... blah blah ... do your own research .... ", then they give their analysis about the tech, adoption, charts, investing tips, price speculation ... etc

    What do you think, it is a financial Advice, is it NOT? why or why not?

    The problem is, those youtubers are well prepared, good at explaining and pushing their ideas, very convincing for new crypto investors ... then some beginners get motivated and they invest their life savings and start to get burned. You can say they learned their lesson, but the pain is greater than the lesson, very expensive lesson.

    submitted by /u/movon57
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    Crypto Is The People's Money & A Hedge Against The Coming Global Financial Crisis

    Posted: 13 Aug 2018 12:55 AM PDT

    Highlights of Waltonchain's August 2018 Telegram AMA

    Posted: 13 Aug 2018 04:13 AM PDT

    22 year old crypto millionaire scammed out of 5,500 bitcoins

    Posted: 13 Aug 2018 01:41 AM PDT

    Official Blockchain AI curriculum endorsed by Korean Ministry of Science and Technology #Waltonchain

    Posted: 13 Aug 2018 03:40 AM PDT

    In Rare Decision, ICO Founders Will Delay Crypto Paydays – For a Decade

    Posted: 12 Aug 2018 09:47 PM PDT

    Starbucks, “We’re Just Here For Research” sounds like just going to Hooters for the wings

    Posted: 12 Aug 2018 11:47 AM PDT

    Pro tip: switch Blockfolio default currency to Turkish Lira. All green!

    Posted: 12 Aug 2018 07:47 AM PDT

    Sentinel Releases dVPN - first ever cross-platform, blockchain-based decentralised VPN on Google Play Store

    Posted: 13 Aug 2018 01:11 AM PDT

    What's up with 505001 Holo(HOT) being bought at 0.00000011 btc and immidiately sold at 10% lower price, 0.00000010 btc ?

    Posted: 12 Aug 2018 11:49 PM PDT

    Bitcoin Price Watch: BTC/USD Could Rebound Above $6,500

    Posted: 13 Aug 2018 01:53 AM PDT

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