Did you try binance? They have a 2 btc daily limit for people who aren't verified. Why not use Waves? Trust me, I feel your pain on this KYC/AML fuckery. Can't wait until decentralized exchanges make centralized exchanges fucking useless.
Truthfully in early 2017 you didn't need to be great. You just had to be willing to take a risk. Pretty much anything you bought moved. Some people here are crypto millionaires. I'm decent but I have not touched that.
You are looking at past movement and assuming that growth will continue at the same rate. There is nothing wrong with that train of thought. However, bitcoin could get overtaken by litecoin and bitcoin price drops to below 10000 or it could stay more unless at it's current level for another six months.
While the past can help with predicting the future, we never know what future event will change the prediction. It's easy to say what the move is after history has been written. If bitcoin were still sitting at 2000, your attitude would not be the same. Unless you were a bitcoin maximalist
You are right that in terms of btc I don't have the same value. However I only care about USD value for now and have not made any major USD investment since April or before then.
While a shift has begun, it maybe a little more time before crypto is used everyday.it wasn't that long ago you still needed to keep cash on you because not every business took credit/debit cards. Even using your phone to make payments is just starting in the last year or so. Also, I don't see an end to USD in the next 5 years.
Don't get me wrong though. I do take very small amount and put that into btc.
Same thing I was saying in another thread, many of my coins are down from BTC since I bought but if I check what I bought them for in cash value, I'm way up. Just not against BTC.
You are looking at past movement and assuming that growth will continue at the same rate. There is nothing wrong with that train of thought. However, bitcoin could get overtaken by litecoin and bitcoin price drops to below 10000 or it could stay more unless at it's current level for another six months.
I wasn’t saying bitcoin will in future give better returns
I honestly don’t think bitcoin can give higher than 5x in the future
That’s why I can’t put much more into it just enough maintain it’s share of my portfolio
I’ve edited the earlier post to explain that my position to but own btc is just for today
You are right that in terms of btc I don't have the same value. However I only care about USD value for now and have not made any major USD investment since April or before then.
While a shift has begun, it maybe a little more time before crypto is used everyday.it wasn't that long ago you still needed to keep cash on you because not every business took credit/debit cards. Even using your phone to make payments is just starting in the last year or so. Also, I don't see an end to USD in the next 5 years.
Don't get me wrong though. I do take very small amount and put that into btc.
UPS bets on blockchain as the future of the trillion-dollar shipping industry
Posted 3 hours ago by Deep Patel (@realdeeppatel)
The world is run by trade. Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually (2015 data). As the world’s economies scale up, that number is only expected to increase as we become more dependent on the international supply chain for our goods and services.
The industry, however, is not prepared for growth, as it currently sits on top of a crumbling infrastructure prone to systematic inefficiencies and rampant fraud. Countless intermediaries rake in fees and drive up the price of shipping. The problem is that the complexity and opaqueness of the process make it difficult to put checks and balances in place.
The FBI estimates that cargo theft causes an annual loss of approximately $30 billion per year (U.S.), with an average theft value of $190,000. In effect, cargo theft can cost consumers up to 20 percent more for their goods. And though most of the problem areas have been well-documented for decades, the distributed nature of ownership has instilled little accountability in any of the industry’s stakeholders.
However, disruption is coming to the industry in the form of blockchain technology, which promises to deliver a cheaper and more efficient system of managing logistics. Innovative startups, as well as major incumbent parties, are investing enormous amounts of time and resources in blockchain development.
Most recently, UPS announced they were going to join the Blockchain in Transport Alliance (BiTA), a forum for the development of blockchain technology standards and education for the freight industry. The alliance hopes to spur standards development for the shipping industry as a whole by implementing a secure blockchain system.
Why now? Why is UPS, along with hundreds of other major companies, betting on blockchain?
The answer: They want to be a part of the revolution. They want to play an instrumental role in developing the smart logistics network of the future. And they recognize that if they don’t get their foot in the door, someone else will.
The future of logistics and freighting will be heavily dependent on blockchain.
The main appeal of blockchain technology lies in its ability to create decentralized and immutable ledgers — networks that have no single point of failure, are maintained by multiple parties and whose information cannot be hacked or corrupted. This increases the security and transparency of all information that is stored on a blockchain across the life cycle of a transaction.
The freight and logistics industry incorporates a large number of brokers and significant amounts of hidden information across complex supply chains. No single party can access all aspects of the chain. Currently, the freight and logistics industry is heavily controlled by freight brokers, which exist to facilitate transactions of loads from shippers to carriers. Brokers seek out loads, tag on a markup, then sell it to carriers. This not only increases costs for carriers, it also leads to increases in downstream prices that directly affect consumers.
The lack of efficiency, transparency and security across the global networks is precisely the problem blockchain technology is designed to solve. Blockchain, if adequately leveraged, will give customers the opportunity to participate in a freer, more transparent global trade, and potentially limit the need for brokers and lower intermediary costs.
For those reasons, Linda Weakland, UPS’s Director of Enterprise Architecture and Innovation, is long on blockchain. She says, “It has multiple applications in the logistics industry, especially related to supply chains, insurance, payments, audits and customs brokerage. The technology has the potential to increase transparency and efficiency among shippers, carriers, brokers, consumers, vendors and other supply chain stakeholders.”
One effective way transparency and efficiency can be increased is by leveraging smart contracts, the core innovation behind the Ethereum blockchain. Smart contracts are essentially self-executing contracts that are fulfilled when predefined stipulations are met. This is particularly useful when it comes to increasing the efficiency of shipping escrow by removing or limiting the intermediaries involved, and therefore bypassing the markups they post.
Blockchain also can increase the tracking and transparency of the supply chain. Shippers can gain more visibility across their supply chain and communicate important information such as loads, geo-waypoints and basic compliance information with carriers.
Once a shipment is confirmed and recorded on the blockchain, it is immutable, meaning no party can dispute the validity of the transaction or fraudulently manipulate the records. Once transactions are logged, smart contracts can then release any payments in escrow instantaneously, limiting the time and costs associated with intermediary processing.
Given the nascent nature of blockchain technology, corporations and consortia around the globe are starting to invest in and partner with startups that are building proofs of concept in order to test solutions prior to commercialization. One example of a startup working on this is ShipChain, which aims to apply blockchain technology to the logistics space.
The company, which is part of BiTA, is building a fully integrated supply chain management system that gives insight into each stage of the logistics process. In addition, the company aims to create a decentralized brokerage system — essentially an open marketplace for shippers and carriers. Leveraging the transparency of information on the blockchain, the marketplace will let shippers optimize cost and time for every shipment.
In other words, shippers can track the capacity, cost and estimated delivery times for different routes for a given shipment before making a decision on the marketplace. At the same time, carriers can continually post information about their capacity for shipping vehicles and lanes, thereby dynamically adjusting the fairest pricing based on supply and demand. The transparency and efficiency afforded by the blockchain benefits all parties by allocating resources in the most effective way without artificial markups by rent-seeking brokers.
The lack of efficiency, transparency and security across the global networks is precisely the problem blockchain technology is designed to solve.
This increase in visibility throughout the process will dramatically decrease the theft and hacking that plagues the industry. Inherent to blockchain technology is the ability to create a decentralized, encrypted ledger that logs all of the critical transport data. This log is immutable to hackers, as no one has the ability to change or delete crucial information.
While the premise of blockchain is promising for an industry rife with inefficiency, the technology is still very much in its early days. As of now, a shipment from East Africa to Europe could require approvals from as many as 30 different parties. By the time it reaches its destination, up to 200 different interactions might have had occurred.
Many of these interactions happen not just between shippers and carriers, but also between regulators, retailers, wholesalers and even customers. For a global shipping blockchain network to function effectively, participation is needed from all stakeholders.
The future of logistics and freighting will be heavily dependent on blockchain. Even though shippers around the globe have existing means of tracking shipping containers, and detractors of blockchain may argue that completely revamping tracking for the freighting industry will be too massive an undertaking, industry leaders are already recognizing the potential of using blockchain to track supply chains.
Maersk Line, the world’s largest container-shipping company, has already teamed up with IBM to apply blockchain to track its cargo shipments in order to reduce the mountains of paperwork associated with each shipment.
Shippers and carriers are optimistic that advances in blockchain technology will support the industry’s growth for years to come.
I forgot to mention Streamer/Data coin. I originally only bought it because they were working with Golem and it was similar to IOTA. It's basically IOTA on the ETH platform.
I bought in around .10, but it has been moving the last few days. Haven't had time to find out why.
no...not true @ all...there are coins that had a far stronger ROI than BTC did...just depends on the picks you made...XRP alone had a ROI around 7000% in the first 5 months of the year vs. 2000% for BTC all year
Really depends on you. If you bought BTC early when it was less than you'd be ahead, but using today's dollar you're buying it at its peak right now. So you'd have to make that decision
no...not true @ all...there are coins that had a far stronger ROI than BTC did...just depends on the picks you made...XRP alone had a ROI around 7000% in the first 5 months of the year vs. 2000% for BTC all year
If you bought BTC when it was 30 cents or even $300 you'd be nice, but mostly all of us jumped in in Jan wouldn't of been that big of a return on BTC as XRP.
XRP could of damn near paid for my daughter's whole college edumacation if I kept what I had back in Jan.
Did you try binance? They have a 2 btc daily limit for people who aren't verified. Why not use Waves? Trust me, I feel your pain on this KYC/AML fuckery. Can't wait until decentralized exchanges make centralized exchanges fucking useless.
Watch that one. They have dApps coming and x86 is just around the corner. That shit could blow the fuck up in a major way in early 2018. I'm glad I got in around $9. Holding that one. Love the platform coins.
If you bought BTC when it was 30 cents or even $300 you'd be nice, but mostly all of us jumped in in Jan wouldn't of been that big of a return on BTC as XRP.
XRP could of damn near paid for my daughter's whole college edumacation if I kept what I had back in Jan.
I did say I started in April and it was relative to when you started
But I think we are all saying the same thing
Every coin rose in 2017
Going forward it’s going to require better picks
Also don’t be afraid to buy an “expensive” coin thagbstill has room
People said bitcoin was too overpriced at 1150 and I disagreed then. It’s probably expensive today but today ethereum and litecoin look pricey yet it’s all about when you joined
I did say I started in April and it was relative to when you started
But I think we are all saying the same thing
Every coin rose in 2017
Going forward it’s going to require better picks
Also don’t be afraid to buy an “expensive” coin thagbstill has room
People said bitcoin was too overpriced at 1150 and I disagreed then. It’s probably expensive today but today ethereum and litecoin look pricey yet it’s all about when you joined
I did say I started in April and it was relative to when you started
But I think we are all saying the same thing
Every coin rose in 2017 Going forward it’s going to require better picks
Also don’t be afraid to buy an “expensive” coin thagbstill has room
People said bitcoin was too overpriced at 1150 and I disagreed then. It’s probably expensive today but today ethereum and litecoin look pricey yet it’s all about when you joined
I agree. Cryptos that have working shit are waaaaaaay ahead right now. In this game, 6 months minus whale be 5 years. Don't even tell me about what you have planned for 2019 or 2020 in your fucking white paper. I don't care if you have a development team comprised of Vulcans from the 23rd century. Don't want to hear it unless something is working right the fuck now. Some projects have $1 billion valuations without even a testnet being promised until mid-2018. By that time, other projects will be too well established and regulations might start kicking in that will hurt growth.
I want the projects that ICOs will launch off. I want the projects that others will use for their own projects even without ICOs. I want public projects that can be used privately for businesses who don't have or want to create their own blockchains.
I want privacy coins that are being used, not ones that are coming later this year or don't bring anything better than current top ones.
A lot of these coins are just copies of copies of fucking copies. I believe we will have the McDonalds, Burger King, and Wendy's in this game. 3 tops for every category. 3 top platforms. 3 top money transfers. 3 top privacy(which can also be in money transfer). 3 top gambling. 3 top centralized exchange. 3 top DEX. etc. When the dust settles, folks need to be in a least one of the top survivors.
Just like wall street got attracted to BTC, folks will get attracted to worthy alts. But the time is now. Shit won't last forever, and the worthy projects will get press and eat during this run. I want to cash out in 2018 and just hold shit just because.
Hey Google Authenticator lost the websites it was linked with when phone info was transferred to a new phone. I lost the ability to authenticate on both phones.
When I try to log into Binance it asks for the Google authenication code but it is no longer there. Is there any way to get it back. Or do I have to contact support for all the websites that I used it with?
I agree. Cryptos that have working shit are waaaaaaay ahead right now. In this game, 6 months minus whale be 5 years. Don't even tell me about what you have planned for 2019 or 2020 in your fucking white paper. I don't care if you have a development team comprised of Vulcans from the 23rd century. Don't want to hear it unless something is working right the fuck now. Some projects have $1 billion valuations without even a testnet being promised until mid-2018. By that time, other projects will be too well established and regulations might start kicking in that will hurt growth.
I want the projects that ICOs will launch off. I want the projects that others will use for their own projects even without ICOs. I want public projects that can be used privately for businesses who don't have or want to create their own blockchains.
I want privacy coins that are being used, not ones that are coming later this year or don't bring anything better than current top ones.
A lot of these coins are just copies of copies of fucking copies. I believe we will have the McDonalds, Burger King, and Wendy's in this game. 3 tops for every category. 3 top platforms. 3 top money transfers. 3 top privacy(which can also be in money transfer). 3 top gambling. 3 top centralized exchange. 3 top DEX. etc. When the dust settles, folks need to be in a least one of the top survivors.
Just like wall street got attracted to BTC, folks will get attracted to worthy alts. But the time is now. Shit won't last forever, and the worthy projects will get press and eat during this run. I want to cash out in 2018 and just hold shit just because.
This is why we need a separate forum and individual threads for each coin. It's sensory overload trying to figure out which coins to buy into in hopes of hitting a top 3.
Darth posted the UPS article but I'm not clear where the investment is.
UPS bets on blockchain as the future of the trillion-dollar shipping industry
Posted 3 hours ago by Deep Patel (@realdeeppatel)
The world is run by trade. Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually (2015 data). As the world’s economies scale up, that number is only expected to increase as we become more dependent on the international supply chain for our goods and services.
The industry, however, is not prepared for growth, as it currently sits on top of a crumbling infrastructure prone to systematic inefficiencies and rampant fraud. Countless intermediaries rake in fees and drive up the price of shipping. The problem is that the complexity and opaqueness of the process make it difficult to put checks and balances in place.
The FBI estimates that cargo theft causes an annual loss of approximately $30 billion per year (U.S.), with an average theft value of $190,000. In effect, cargo theft can cost consumers up to 20 percent more for their goods. And though most of the problem areas have been well-documented for decades, the distributed nature of ownership has instilled little accountability in any of the industry’s stakeholders.
However, disruption is coming to the industry in the form of blockchain technology, which promises to deliver a cheaper and more efficient system of managing logistics. Innovative startups, as well as major incumbent parties, are investing enormous amounts of time and resources in blockchain development.
Most recently, UPS announced they were going to join the Blockchain in Transport Alliance (BiTA), a forum for the development of blockchain technology standards and education for the freight industry. The alliance hopes to spur standards development for the shipping industry as a whole by implementing a secure blockchain system.
Why now? Why is UPS, along with hundreds of other major companies, betting on blockchain?
The answer: They want to be a part of the revolution. They want to play an instrumental role in developing the smart logistics network of the future. And they recognize that if they don’t get their foot in the door, someone else will.
The future of logistics and freighting will be heavily dependent on blockchain.
The main appeal of blockchain technology lies in its ability to create decentralized and immutable ledgers — networks that have no single point of failure, are maintained by multiple parties and whose information cannot be hacked or corrupted. This increases the security and transparency of all information that is stored on a blockchain across the life cycle of a transaction.
The freight and logistics industry incorporates a large number of brokers and significant amounts of hidden information across complex supply chains. No single party can access all aspects of the chain. Currently, the freight and logistics industry is heavily controlled by freight brokers, which exist to facilitate transactions of loads from shippers to carriers. Brokers seek out loads, tag on a markup, then sell it to carriers. This not only increases costs for carriers, it also leads to increases in downstream prices that directly affect consumers.
The lack of efficiency, transparency and security across the global networks is precisely the problem blockchain technology is designed to solve. Blockchain, if adequately leveraged, will give customers the opportunity to participate in a freer, more transparent global trade, and potentially limit the need for brokers and lower intermediary costs.
For those reasons, Linda Weakland, UPS’s Director of Enterprise Architecture and Innovation, is long on blockchain. She says, “It has multiple applications in the logistics industry, especially related to supply chains, insurance, payments, audits and customs brokerage. The technology has the potential to increase transparency and efficiency among shippers, carriers, brokers, consumers, vendors and other supply chain stakeholders.”
One effective way transparency and efficiency can be increased is by leveraging smart contracts, the core innovation behind the Ethereum blockchain. Smart contracts are essentially self-executing contracts that are fulfilled when predefined stipulations are met. This is particularly useful when it comes to increasing the efficiency of shipping escrow by removing or limiting the intermediaries involved, and therefore bypassing the markups they post.
Blockchain also can increase the tracking and transparency of the supply chain. Shippers can gain more visibility across their supply chain and communicate important information such as loads, geo-waypoints and basic compliance information with carriers.
Once a shipment is confirmed and recorded on the blockchain, it is immutable, meaning no party can dispute the validity of the transaction or fraudulently manipulate the records. Once transactions are logged, smart contracts can then release any payments in escrow instantaneously, limiting the time and costs associated with intermediary processing.
Given the nascent nature of blockchain technology, corporations and consortia around the globe are starting to invest in and partner with startups that are building proofs of concept in order to test solutions prior to commercialization. One example of a startup working on this is ShipChain, which aims to apply blockchain technology to the logistics space.
The company, which is part of BiTA, is building a fully integrated supply chain management system that gives insight into each stage of the logistics process. In addition, the company aims to create a decentralized brokerage system — essentially an open marketplace for shippers and carriers. Leveraging the transparency of information on the blockchain, the marketplace will let shippers optimize cost and time for every shipment.
In other words, shippers can track the capacity, cost and estimated delivery times for different routes for a given shipment before making a decision on the marketplace. At the same time, carriers can continually post information about their capacity for shipping vehicles and lanes, thereby dynamically adjusting the fairest pricing based on supply and demand. The transparency and efficiency afforded by the blockchain benefits all parties by allocating resources in the most effective way without artificial markups by rent-seeking brokers.
The lack of efficiency, transparency and security across the global networks is precisely the problem blockchain technology is designed to solve.
This increase in visibility throughout the process will dramatically decrease the theft and hacking that plagues the industry. Inherent to blockchain technology is the ability to create a decentralized, encrypted ledger that logs all of the critical transport data. This log is immutable to hackers, as no one has the ability to change or delete crucial information.
While the premise of blockchain is promising for an industry rife with inefficiency, the technology is still very much in its early days. As of now, a shipment from East Africa to Europe could require approvals from as many as 30 different parties. By the time it reaches its destination, up to 200 different interactions might have had occurred.
Many of these interactions happen not just between shippers and carriers, but also between regulators, retailers, wholesalers and even customers. For a global shipping blockchain network to function effectively, participation is needed from all stakeholders.
The future of logistics and freighting will be heavily dependent on blockchain. Even though shippers around the globe have existing means of tracking shipping containers, and detractors of blockchain may argue that completely revamping tracking for the freighting industry will be too massive an undertaking, industry leaders are already recognizing the potential of using blockchain to track supply chains.
Maersk Line, the world’s largest container-shipping company, has already teamed up with IBM to apply blockchain to track its cargo shipments in order to reduce the mountains of paperwork associated with each shipment.
Shippers and carriers are optimistic that advances in blockchain technology will support the industry’s growth for years to come.
Another question is what coin will Amazon adapt or will they create their own. It will happen
Gene you should start consulting and charge people imo. Reading your posts on cryptocurrency has my thinking I should have never argued with you on any subject.
This is why we need a separate forum and individual threads for each coin. It's sensory overload trying to figure out which coins to buy into in hopes of hitting a top 3.
Darth posted the UPS article but I'm not clear where the investment is.
Another question is what coin will Amazon adapt or will they create their own. It will happen
Gene you should start consulting and charge people imo. Reading your posts on cryptocurrency has my thinking I should have never argued with you on any subject.
This board has quite a few cats who can charge for consulting with crypto. So much information has been posted. So many experiences that are actually archived for all posters to see. Although there is drama here, this place is a lot more productive than reddit and other forums because information is vetted and then brought here. No real bickering or shilling. There are just helpful cats here who want to see everyone eat if they are willing to learn the game.
@ arguing. Folks disagree sometimes. That's just that. Real cats just leave it in that thread. We did have some heated political discussions, but who agrees on everything? You did have me on that list though man.