The Cryptotard

Discussion of all things crypto and blockchain.
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Brick's
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Re: The Cryptotard

Postby Brick's » Mon Jun 04, 2018

Checked my Binance account earlier yesterday and the totals. Turns out I'm about .0004 of a Bitcoin (BTC)down (cumulative value of all Crypto) from my start point. BTC was also down about $175 from my initial buy. Remembering I started with just .12 BTC. Between a 1/4 and a 1/3rd is in alternative Crypto.

I'd have buy limits in for DBET and QRL but Binance isn't up to speed with them yet. Have a lowball buy limit in for QTUM. A new one that popped up on my radar is (CTM) Cybermiles. Also tracking DASH, NEM, and NEO for possible lowball buys. But, they are not inexpensive enough yet.

Speaking of Binance it seems to have the most resilience of the Crypto I'm following. Especially during down turns as it recently hit an all time high vs BTC. Seriously considering cyclical trades in and out of it, but only small positions to play with.

Came across a couple of video about using a cheap old cell phone as cold storage. Seems simple enough for someone like me but thought I'd get feedback prior. Android, No sim card, factory default settings, WiFi off, insert micro SD from Mycelium and away you go. Well, away you go is everything I know nothing about but could learn by Cryptotarding out. Worth considering or is it more complicated and unsafe than I am thinking?

Again, simpler is better to me and why I like old 1959 ford small block V8s to work on. At least you could crawl in and have space to work the wrenches.
"Those who can make you believe absurdities can make you commit atrocities" Voltaire

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Brick's
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Re: The Cryptotard

Postby Brick's » Sat Jun 23, 2018

So I was wondering about EOS (I have a small position) transition over to main net. As I am totally clueless about how this happens or what it entails I thought I'd look into it, and this is what I found:

A can O' worms! This might be worse than actually obtaining EOS token. Information taken from researched website.

Sooo it appears EOS isn't going live yet as enough top block producer candidates have not voted, some developers are not sure who some of the top block producer candidates are, and some are hesitating with staking their token. The EOS team states that there need to be 150 million tokes staked in order for the voting to be completed and announced as valid, but voters have only staked around 30 million tokens.

The voting is important as the chosen block producers will operate the same way the block miners do, so their job would be crucial for efficiency and effectiveness of the new EOS main net. The main problem appears to be that holders that are non-technical users or not particularly tech savvy are not sure how to vote. It appears EOS voters could only vote by directly using the command line, which is difficult for technotard or the nontech-oriented voters.

****Bingo***** This is where I am. I have no idea what or who we are voting for, or how to go about it. Glad to see I'm in the majority for once. LOL More later on this as I learn more.
"Those who can make you believe absurdities can make you commit atrocities" Voltaire

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SilverDoge
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Re: The Cryptotard

Postby SilverDoge » Mon Jul 02, 2018

Brick's wrote:So I was wondering about EOS (I have a small position) transition over to main net. As I am totally clueless about how this happens or what it entails I thought I'd look into it, and this is what I found:

A can O' worms! This might be worse than actually obtaining EOS token. Information taken from researched website.

Sooo it appears EOS isn't going live yet as enough top block producer candidates have not voted, some developers are not sure who some of the top block producer candidates are, and some are hesitating with staking their token. The EOS team states that there need to be 150 million tokes staked in order for the voting to be completed and announced as valid, but voters have only staked around 30 million tokens.

The voting is important as the chosen block producers will operate the same way the block miners do, so their job would be crucial for efficiency and effectiveness of the new EOS main net. The main problem appears to be that holders that are non-technical users or not particularly tech savvy are not sure how to vote. It appears EOS voters could only vote by directly using the command line, which is difficult for technotard or the nontech-oriented voters.

****Bingo***** This is where I am. I have no idea what or who we are voting for, or how to go about it. Glad to see I'm in the majority for once. LOL More later on this as I learn more.


EOS has been a bit of a crazy show in the last 2-4 weeks. On chain governance (similar to what Tezos is attempting) is no easy feat.

See here: https://www.coindesk.com/soon-chain-governance/
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Brick's
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Re: The Cryptotard

Postby Brick's » Wed Feb 06, 2019

Well, who woudda thought Binance would end up in the top 10 ahead of Monero and Cardano?
"Those who can make you believe absurdities can make you commit atrocities" Voltaire

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Silverkid
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Re: The Cryptotard

Postby Silverkid » Thu Feb 07, 2019

Brick's wrote:Well, who woudda thought Binance would end up in the top 10 ahead of Monero and Cardano?

meeeeeeeeee
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Brick's
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Re: The Cryptotard

Postby Brick's » Thu Feb 07, 2019

Brick's wrote:<snip> Speaking of Binance it seems to have the most resilience of the Crypto I'm following. Especially during down turns as it recently hit an all time high vs BTC. Seriously considering cyclical trades in and out of it, but only small positions to play with. <snip>


I noticed this about Binance back in June of last year. Perhaps I should have taken my own advise and watched it closer.
"Those who can make you believe absurdities can make you commit atrocities" Voltaire

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Re: The Cryptotard

Postby Bucketeer » Thu Feb 07, 2019

Brick's wrote:Have a lowball buy limit in for QTUM.


Hang in there with QTUM. I own a lot of QTUM. It's gonna be a big winner, and this is from a Bear that trashed most of the Alt-coins. China's Silk Road initiative is gonna be hugh, and QTUM will be the currency.

I'm a little under the weather. Any Super Bowl transactions will be satisfied. I'll going to ship (hopefully) tomorrow for silver and KSA guidebooks. I hate being late, and I beg your pardons. All PayPal transactions have been paid. Thanks guys!

Tom
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

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Brick's
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Re: The Cryptotard

Postby Brick's » Fri Feb 08, 2019

Thanks for the insight on QTUM. My low ball buy was filled a while back. Take care of your self 1st. No one else is more important.
"Those who can make you believe absurdities can make you commit atrocities" Voltaire


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