https://www.coindesk.com/reports-ch...al&utm_source=twitter.com&utm_campaign=buffer
should we be worried about neo?
should we be worried about neo?
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
it's tanking
I'm down 20k
That would explain why it has been refusing to go back up to $50. I'm glad I wasn't watching when it went below 30.
From what I have read, this NEO selloff is nothing more than a giant panic sell. Neo works closely with the Chinese government so I doubt it'll ever be banned.
My personal forecast (based off of absolutely nothing) is that it will rebound during the week and skyrocket once it hits the Japanese exchanges.
My personal forecast (based off of absolutely nothing) is that it will rebound during the week and skyrocket once it hits the Japanese exchanges.
This. If you got the bread, I'd buy in some more while it's down.
Question for the fam. If, in the event, I realize amazing fucking gains on XRP (Ripple) in two or three years, what entity would be best to transfer the funds to, a business structured as an LLC or a Living Trust? To minimize taxes.
I moved it to my waves wallet a while ago once I realized how easy it'd be after setting up the wallet
Hmm... I told you.... btw these fuckers are still holding my cheese!!! 7k
Shit went through for me even though I got a 30 minute notice. I checked my paypal 10 seconds later and it was there.
wagerr doesn't have their own wallet as yet...I recommend doing what you're comfortable w/...I felt comfortable moving wagerr to my waves wallet bcuz prior to that I moved waves off of bittrex to a waves wallet I created...once I saw how easy that was...I decided to move my wagerr off the wagerr site into my waves wallet as well
The news that really caused the panic was NEO's first NEP5 coin Red Pulse(RPX) banning Chinese from doing ICOs. They've also banned Americans prior to this. So the two biggest markets for NEO can't even get in unless they sneak in. I watched last morning as that shit dropped from like 38-39 down to like 30 inside of 30 minutes once word of that RPX tweet broke out.
Meanwhile, Binance is still having ICOs. Just seems RPX is not trying to get fucked over by the American government or their own. Seems much like NEO, RPX is trying to make sure it can co-exist with the governments. I haven't seen any of the other Chinese ICOs ban Chinese, just RPX. Shit, the other ones are even letting Americans get in.
I didn't get into NEO because of ICOs, but some in August probably did. Them big NEO whales been suppressing prices for both their coins, now they got their fucking wish. Until some positive news is released, it's going to be a bumpy ride.
Damn. I swear I'm doing small withdrawals with coinbase. They playing too many fucking games. Got my bitpay card coming and I haven't heard of any problems with them and they have a 3k ATM limit and 10k daily spend limit.
That happened to me one time. I tried 4 consecutive transactions, all were cancelled. I tried again 24 hours later and ever since then things were normal.
Fortunately, I got in early enough that I am still in the black. As long as it eventually goes back to where it was ~$54, I'll be straight.
You heard it here 1st $150 by years end...
Omise officially announced their partnership with McDonald's Thailand earlier today
If you dont mind me asking, was it more than 5k?
Don't think I have seen this here, but worth a repost in any case.
It explains a possible reason certain coins targeting Asian markets are not doing well right now.
https://steemit.com/cryptocurrency/...-other-cryptocurrencies-are-not-moving-at-all
It explains a possible reason certain coins targeting Asian markets are not doing well right now.
https://steemit.com/cryptocurrency/...-other-cryptocurrencies-are-not-moving-at-all
That ghost month legend is nonsense. Asia been heavily moving coins all month.
OMG is particularly doing well recently.
nah, it was $1150
A youtuber talked about this yesterday
Monetha, the competiting crypto card of Monaco, starts it ICO sometime tomorrow. I liked this one due to a former PayPal exec working with the company behind the card. I am keeping my eye on this one. Monaco has been good to me so far. Hopefully, this one will do as well or better for those that invest. Not sure about joining the ICO, but will definitely invest when it hits the exchange.
https://www.monetha.io/en/crowdsale
https://www.monetha.io/en/crowdsale
ya a lot of these types of card companies are popping up...keep your eye on centra
No bueno
so whats the difference between all these cards and the one Shift issues?
Not sure about Swift, but for the rest they seem to be rushing trying to be the first main stream crypto card. I remember when Monaco did their ICO, they admitted they weren't necessarily ready, but wanted to beat the competition to the punch when it came to crowdsourcing.. I am hoping that these cards will be the equivalent of VISA, MC, AMERICAN EXPRESS, DISCOVER where each one can find a niche market.
I don't know about shift but here are some of the main ones (with a slight TenX bias).
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We will not allow anyone from U.S. to participate in our ICO. To provide the right information will be the responsibility of the investor.
https://kin.kik.com/
Messaging app company Kik has revealed that it plans to raise $125 million via its ICO.
The company first announced the plan to hold a token sale in May, taking advantage of a rush of investment based around selling dedicated crypto tokens to investors, and the event will take place from September 12, it confirmed.
Kik has already ‘pre-heated the oven’ by raising $50 million from institutional investors, including ICO-focused Pantera Capital, and it plans to offer the remaining allocation to anyone. Those wanting to buy into Kik’s ‘Kin’ token sale will be registered to register at kin.kik.com — which requires passport/social security details, an Ethereum wallet address and other info — before September 9.
Registering means these would-be investors will be ‘white-listed’ and able to take part in the sale by sending Ethereum to the dedicated Kin ICO address on September 12.
Kik is applying a cap on the amount that individuals will be able to purchase — that will be calculated by dividing the $75 million allocation by the number of white-listed people — but it said it will offer those who have registered a chance to any unclaimed coins after September 12.
There’s likely to be a huge amount of interest given how mature Kik is compared to most companies that hold ICOs. The startup, which is based in Canada, was founded in 2009 and it has raised over $120 million from traditional VCs with a ‘unicorn’ valuation of over $1 billion.
Then there’s the business, which is the largest consumer userbase to dip its toes into the ICO waters. Kik claims over 300 million registered users, and 15 million monthly users.
With that in mind, it’ll be a case of getting in as early as you should you wish to take part.
The example of Kyber, a hotly-tipped ICO, shows the rush that investors make when they spot a potential deal. Kyber ‘broke’ Slack — which is commonly used as a platform to communicate with ICO communities — when it signed up over 80,000 users for its community. It closed its white-list early due to the high interest.
Kik plans to use the proceeds of its ICO to develop a monetization system for its messaging app which will allow app developers to be paid based on attention, rather than relying on advertising or in-app commerce. That’s akin to the approach taken by browser-maker Brave, which raised $35 million in an ICO earlier this year for its Basic Attention Token (BAT) that aims to ‘cure’ online advertising.
“Developers would take a percentage of the daily reward in proportion to the number of transactions their service was responsible for,” Kik CEO Ted Livingston [pictured above] explained to TechCrunch in May.
“This creates a reward engine, a beautiful network effect, where the bigger the daily reward, the more services come into the ecosystem, which drives up the daily reward and more digital services. Very quickly this could become a very powerful economic force to bring developers to,” Livingston added.
While Livingston didn’t directly compare ICOs and IPOs when he spoke at our TechCrunch China event in Shenzhen in June, he admitted this token sale could make Kik fully financially independent.
“We didn’t really like the idea of having to sell Kik one day. [As for an IPO,] I hope it’s not required,” he said.
That’s a particularly pertinent point when you look at Snapchat, a hugely visible and popular social media brand that has failed to convince the public markets of its value.
https://techcrunch.com/2017/08/29/kik-ico-september-125-million/
Messaging app company Kik has revealed that it plans to raise $125 million via its ICO.
The company first announced the plan to hold a token sale in May, taking advantage of a rush of investment based around selling dedicated crypto tokens to investors, and the event will take place from September 12, it confirmed.
Kik has already ‘pre-heated the oven’ by raising $50 million from institutional investors, including ICO-focused Pantera Capital, and it plans to offer the remaining allocation to anyone. Those wanting to buy into Kik’s ‘Kin’ token sale will be registered to register at kin.kik.com — which requires passport/social security details, an Ethereum wallet address and other info — before September 9.
Registering means these would-be investors will be ‘white-listed’ and able to take part in the sale by sending Ethereum to the dedicated Kin ICO address on September 12.
Kik is applying a cap on the amount that individuals will be able to purchase — that will be calculated by dividing the $75 million allocation by the number of white-listed people — but it said it will offer those who have registered a chance to any unclaimed coins after September 12.
There’s likely to be a huge amount of interest given how mature Kik is compared to most companies that hold ICOs. The startup, which is based in Canada, was founded in 2009 and it has raised over $120 million from traditional VCs with a ‘unicorn’ valuation of over $1 billion.
Then there’s the business, which is the largest consumer userbase to dip its toes into the ICO waters. Kik claims over 300 million registered users, and 15 million monthly users.
With that in mind, it’ll be a case of getting in as early as you should you wish to take part.
The example of Kyber, a hotly-tipped ICO, shows the rush that investors make when they spot a potential deal. Kyber ‘broke’ Slack — which is commonly used as a platform to communicate with ICO communities — when it signed up over 80,000 users for its community. It closed its white-list early due to the high interest.
Kik plans to use the proceeds of its ICO to develop a monetization system for its messaging app which will allow app developers to be paid based on attention, rather than relying on advertising or in-app commerce. That’s akin to the approach taken by browser-maker Brave, which raised $35 million in an ICO earlier this year for its Basic Attention Token (BAT) that aims to ‘cure’ online advertising.
“Developers would take a percentage of the daily reward in proportion to the number of transactions their service was responsible for,” Kik CEO Ted Livingston [pictured above] explained to TechCrunch in May.
“This creates a reward engine, a beautiful network effect, where the bigger the daily reward, the more services come into the ecosystem, which drives up the daily reward and more digital services. Very quickly this could become a very powerful economic force to bring developers to,” Livingston added.
While Livingston didn’t directly compare ICOs and IPOs when he spoke at our TechCrunch China event in Shenzhen in June, he admitted this token sale could make Kik fully financially independent.
“We didn’t really like the idea of having to sell Kik one day. [As for an IPO,] I hope it’s not required,” he said.
That’s a particularly pertinent point when you look at Snapchat, a hugely visible and popular social media brand that has failed to convince the public markets of its value.
https://techcrunch.com/2017/08/29/kik-ico-september-125-million/
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