Crypto thread

Congrats to all of you guys making money on the crypto currencies. While it's not for me, I think you guys are doing it the right way by buying the actual coins. Avoid the new companies popping up with ticker symbols that are popping up all over the place but trading legally. CNBC ran a story yesterday about a handful of SEC investigations that are ongoing in regard to insider trading and pump and dump schemes. Owning the coins is the way to go....when you get rich, get out.

Well this goes to show I was completely wrong about what the founders of Ripple were saying regarding the float and intention for XRP. They kept saying over and over that the goal was to provide a stable option for large financial institutions and they had a massive treasury of "coin" to stop speculation and make it stable. Nothing stable about the run from 80 cents to 3 bucks, and this goes counter to what they want...it will be interesting how it continues.

Been following this thread since it started. Jumping in when my funds clear. I have my eyes on a few with the help of you all. Dipping in with a 2k deposit. Thoughts on the below 3 coins? Advice on dividing up my deposit would be greatly appreciated (not which ones, but best practices on splitting up % on each) 

Substratum (SUB) currently at 1.90

LoMoStar (LMC) currently at .319

Tron (TRX) currently at .2105

Thanks for this thread. 

-Also I put on 1400 with bank account and trying to add another 700 on coinbase but it says I can't deposit because of debit limits although I haven't put in $1 yet via debit. Is this because of the heavy traffic currently there? If anyone knows great, but nbd. Just trying to get some action now before the deposit clears. 

Awesome work, Buck! I'd love to be there while you explain cyrpto to your construction mates, especially some of the older timers. Their eyes must roll back in their head.

Time for me to go in on Ledger. Nano S the way to go?

No but I have been snooping into the mining side this week, just looking around at what is possible and how...I dont feel ultra safe with the security issues trading these things.

buck,

At 10 that ADA has the same market cap as bitcoin??? It has such a huge float and market cap at 26 BILLION already! I dont see massive upside relative to the market cap.

So what else is there that isnt phony garbage but has some relative upside?