Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Is the monthly slot saying I will make that much per month with a masternode?
I think you need fifteen thousand coins to get started..
I also think if you are interested in learning more about this you should hit up largebillsonly..
Im a hundred percent sure he knows more about this game than I do...and we should show him some support,
he been droppin some sweet gems in this bitch..
What is Syscoin?
Syscoin BlockChain overview:
- Business model: A decentralised online retailer (Amazon-like)
- The shop will be available both online and on the desktop.
- Development is being carried out by the Blockchain Foundry.
- Syscoin is based on a fork of the Bitcoin protocol.
- Syscoin has plans to be integrated into Trezor.
- Rebrand of Blockmarket is scheduled in end of 2017 start of 2018.
- Digital certificates
- Items will have listing fees (to avoid spam) but no commissions on sales.
- Prices will be listed in USD (as per the value of the underlying coin price)
- Managed Affiliate system, which allows traders to choose their affiliates.
- Different items can be listed such as digital products, real estate, domain name and, commodities
- Secure messaging
- Auctions and Timed Auctions.
- Identity and Reputation system for sellers and buyers
- Goods can be sold for Syscoin, Bitcoin and ZEC.
- Syscoin wallets will be managed through aliases rather than long strings
- Managed Arbitration and Escrow
- Plans for Dropshipping facilities
Amazon has become a behemoth, online retailer. Centralisation breeds power and when this power becomes a monopoly it becomes dangerous. Having centralised information about a person’s spending habits exposes one’s life to a central entity which can use and resell this information for a profit.
Amazon has also absorbed many brick and mortar shops and associated jobs, decentralised selling online may revert some power back to the common traders. Syscoin plans to decentralise retailing and in the process it could decentralise the profits to the many rather than a centralised entity. Anyone will be able to have his or her Amazon like shop when using Syscoin’s services.
Safex, BitPay BitBay.market, Particl and OpenBazar are very strong competitors to Syscoin. They all have their strengths and weaknesses and most are set to launch sometime in 2018. Given this market is still in its infancy they can co-exist and they will eventually find their own niches in which they excel.
Syscoin SWOT
Syscoin Opportunities:
On launch 100,000 items (or SKUs) will be available for sale. This is will give immediate value to the network and attract more media, buyers and sellers. These items should be sold at a cheaper price thant the equivalent listed on Amazon as they will not have the sales fee Amazon charges.
Items will be sold in exchange of Syscoin, Bitcoin and ZEC. Rather than buying cryptos for FIAT, individuals can get cryptos by selling their stuff. Such an activity will create an alternative entry point in the cryptocurrency ecosystems and will put Syscoin at an advantage; as it will be the first point of contact for buyers and sellers in the cryptoverse.
Syscoin will make creating a shop front and a bank account easy and practical. Giving those who do not have easy access to an e-commerce front and a bank account the means to set them up with ease.
Syscoin aims to be a platform rather than a one stop shop; a decentralised API service provider for selling items.
Syscoin Concerns:
Bitcoin fees can fluctuate from very expensive to reasonably, when they do become high they could make transacting small items uneconomic.
Note: Capital at Risk, Not an endorsement, Affiliate Link, Not Investment Advice, InvestItIn.com Staff will invest in Dadi.
Will Syscoin self censor or ban certain items from their marketplace? Does it want to become the next Silkroad or the next Amazon? They are introducing privacy features to syscoin by using SuperNet this might give some clues as to what their end goal is.
https://www.investitin.com/syscoin-masternodes/
I think binance would be your best bet.. not sure if they are accepting new customers tho....
I already have an account with them, but that coinbase ETH transfer is pending. I'm trying to find another way, since it seems that I'm a new user.
"Binance will Temporarily Disable New User Registrations."
I'm teaching a full extensive course just to prepare for everything but mainly help you to understand what is the lane you'd like to be a part of and how to identify and research coins efficiently.
dm me
I'm gonna run a xios one when the time is right and probably run another coin not too many tho
It's a estimation for example I make 50 tokens a day and they sell for 9.43 that's 471.30 a day.
I'm waiting for the VeChain (VEN) masternode.
Link to your masternode. I will buy one today if that is the true turnaround. Thanks
Coinbase on some bullshit! By NOT confirming or denying XRP with a bullshit statement XRP is tanking!!!
Coinbase Cools off New Coin Rumors with a Post
by admin | Jan 4, 2018 | Crypto Markets | 0 comments
These days, rumors of addition to Coinbase help propel cryptocurrencies to the moon in a hurry.
It makes sense. The service is a top 300 global website in traffic and has a monster userbase. When a new coin shows up on there, you better believe trading volumes shoots through the roof. The problem is, it doesn’t take much for intrepid pumpers to doctor up a video or alter an image to suggest a coin’s addition is imminent.
Coinbase has made the decision to cool off those rumors by outlining the reality of how they add coins in their newest blog post. The exchange says that new cryptocurrencies go through a stringent vetting system before inclusion. Further, employees at the company have strict NDAs, so they can’t leak information without fear of termination and a lawsuit. It’s safe to say, then, that buying because of a rumor that a coin is going on that exchange should not impact your decision to invest.
Coinbase Spells It out – No New Coins for Now
As the last line tells us in the announcement, Coinbase is disavowing that any new coins will hit the scene soon. That means people will have to wait for official word direct from the company when a new crypto hits their exchange. Still, even a statement like this will not quell all speculation (because that’s just what speculators do.)
XRP Reverses Course for a Second
Ripple is cooling off just a bit, which is causing tongues to wag. However, in all fairness, can we say that XRP is really cooling off considering how fast it has risen? It seems likely that some investors who are way up profit-wise are taking some of their earnings to be safe. However, it could also merely be a slight correction and pause before XRP continues its attempt at displacing Bitcoin as the King of Cryptos.
This is possibly a response to the tweet that Humaniq put out (and deleted minutes later) saying that they, ripple, and stellar would be added to coinbase and thanking coinbase's CEO.
All three coins skyrocketed the day the tweet came out and all three are down today.
XRP at 2.42.
Ripple doing numbers
(XRP)Ripple
$2.90 USD(19.52%)
0.00019318 BTC
(XRP)Ripple
$3.03 USD(25.53%)
0.00019994 BTC(17.48%)
This might be at $4.00 next hr
(XRP)Ripple
$3.49 USD(33.54%)
0.00023286 BTC(35.01%)
I Be massagin my nigga, I be massagin
I Be massagin my nigga, I be massagin
no doubt coinbase is fuckin around they know they gonna have to deal with ripple...
but one exchange cant stop no show.....
make dat money dont let the price fluctuations
fuck with your patience...
The Canadian exchange coinsquare is supposed to start carrying xrp so I am not going to sweat it.
At the end of the day it's about money if they feel the burn that they are missing out on money it is going to happen sooner rather than later. As I see it
Maybe they are trying to avoid the fiasco they had with Bitcoin Cash. They will add XRP, they just don't want any bullshit before they add it.
https://masternodes.pro/?sort=roi&view=grid
Here's a link with stats to some of the popular ones. The one I have is called Bulwark (BWK). Go to their site read their whitepaper. If you have any questions let me know.
https://bulwarkcrypto.com
You believe enough to invest 47k? Shit!!
So with the market cap on xrp,trx, etc and how it plays a role in the coin price. How is it that a coins that do not have quite as high as a market cap coins valued higher?
For example some one mentioned xrp needs a trillion dollar cap to make it to $100, conversely Bitcoin cash has a quarter of the market cap of arp but is going for $2400.
How does that make sense? I am asking not to be a a**hole but to understand.
For example some one mentioned xrp needs a trillion dollar cap to make it to $100, conversely Bitcoin cash has a quarter of the market cap of arp but is going for $2400.
How does that make sense? I am asking not to be a a**hole but to understand.
The market cap is the product of the price and the supply. The bigger the supply, the more money has to go into it for it to reach a certain dollar value.
Bitcoin cash has a small supply at just under 17 million. XRP has an enormous supply at almost 39 billion.
Therefore bitcoin cash could have a dollar value 2,000 times that of XRP, and still have a lower market cap.
I believe that is due to the amount of coins available.
XRP is the opposite of Bitcoin and the premise of a cryptocurrency because it is centralized and more can be made.
With the other coins there is a max on the amount of coins that will available.
Check out the circulating supply and the max supply.
BCH
Market Cap
$40,473,111,722 USD
2,689,006 BTC
Volume (24h)
$5,478,850,000 USD
364,011 BTC
Circulating Supply
16,893,713 BCH
Max Supply
21,000,000 BCH
XRP
Market Cap
$130,189,481,913 USD
8,643,633 BTC
Volume (24h)
$8,337,110,000 USD
553,523 BTC
Circulating Supply
38,739,144,847 XRP
Total Supply
99,993,093,880 XRP
Max Supply
100,000,000,000 XRP
LOLI Be massagin my nigga, I be massagin
Thank you both for taking the time to explain this to me, I greatly appreciate this!
Damn. VeChain getting popular as fuck. They have different levels of nodes too.I'm waiting for the VeChain (VEN) masternode.
Ven fucking with the RFID and other chips on the product end. Also trying to do smart contracts like Eth and NEO. Masternodes. VeChain is trying to take over the world.
The dope coins are on this exchange as well
https://www.coinexchange.io/?r=ba8a79d0
the next billion supply coin me and a few others are buying is called xp. it's in the running to be listed on binance but you can get it here before it does
https://www.coinexchange.io/market/XP/BTC?r=ba8a79d0
if you haven't even signed up for the exchange yet
https://www.coinexchange.io/?r=ba8a79d0
https://www.coinexchange.io/?r=ba8a79d0
the next billion supply coin me and a few others are buying is called xp. it's in the running to be listed on binance but you can get it here before it does
https://www.coinexchange.io/market/XP/BTC?r=ba8a79d0
if you haven't even signed up for the exchange yet
https://www.coinexchange.io/?r=ba8a79d0
Also watch the coin closely because it is NOT a year long hold. It's a coin that you ride the wave of the community who pumps the hell out of it so set a goal and then get out and use the free easy money you'll make to fund ico's or other coins you really like and believe in.
When I get out of the coin I'll post it here too but it's still be my on personal goal for the coin and you can decide on your own.
Well I guess I'll start on page one
What you need help with fam?Well I guess I'll start on page one
I'm at the gate. I just created a coinbase account and added payment received approval on everything now don't know what to purchase. Right now I'm sitting here pretending to listen to my wife about our daughter going to high school next year so I'll have to come back to this later.
Well I guess I'll start on page one
OK need to know a few things.
How much time do you have to look at stuff a day
what are your modest goals
what are you interested in
then i can just help you from there
Do you cash out the coins as you get them and keep the minimum required? I'm trying to understand how the profits work.
I got it when it was 32K
All you need is 10k Ven for the smallest masternode. Accumulate doing dips if you can. Should be out by the end of the month.Damn. VeChain getting popular as fuck. They have different levels of nodes too.
Ven fucking with the RFID and other chips on the product end. Also trying to do smart contracts like Eth and NEO. Masternodes. VeChain is trying to take over the world.
That's only for master nodes.
For all other coins you buy or sell as much or as little as you want to it depends on the coin and your strategy.
When I sell xp im selling it all I'm not keeping any in there. On the other hand when I sold some NEO months back I didn't sell anything close to all because NEO is a forever hold for me.
Thanks, I'm going to research this. I'm trying to get as many streams of income from this crypto game as possible.