Message from @ThisIsChris

Discord ID: 397028864225837067


2017-12-31 03:12:53 UTC  

@ArtairRose what do you think of CEX. io?

2017-12-31 03:14:51 UTC  

i used to use CEX but now i use cryptopia if i ever want to trade.

2017-12-31 03:16:23 UTC  

again tho. if you want to buy coins use any site you want. they still cant track you that way. if you want to sell coins do it using one of the local sites. you will get more money from doing it that way and the IRS wont come knocking on your door.

2017-12-31 03:24:57 UTC  

Would people here be interested in leading a voice chat on crypto sometime?

2017-12-31 04:34:40 UTC  

@Volkmom I'd be up for it.

2017-12-31 13:57:20 UTC  

I like Ethereum for all of the different uses it has. Have never found out any info about the actual Ethereum currency though. That whole project is an absolute mess of information

2017-12-31 13:57:30 UTC  

Very frustrating to find info you’re looking for

2017-12-31 13:57:37 UTC  

Any thoughts on Ripple?

2017-12-31 13:57:57 UTC  

Scroll up. Someone just mentioned it’s trash yesterday

2017-12-31 14:01:48 UTC  

@this_that5553 perfect, thank you

2017-12-31 14:02:22 UTC  

I'm on a slack with some friends of friends and some people there were discussing if it was a good idea to go into

2017-12-31 14:02:32 UTC  

I didn't know all this shady stuff

2017-12-31 14:02:45 UTC  

although to be honest I just want to see if I can make a buck on it.

2017-12-31 14:04:36 UTC  

Yeah. Have you heard of Metal? It sounds similar to ripple

2017-12-31 14:05:05 UTC  

Ripple strategy is to only get in bed with financial institutions though. It’s actually smart to take advantage of them

2017-12-31 14:05:54 UTC  

@this_that5553 "Ripple strategy is to only get in bed with financial institutions though. It’s actually smart to take advantage of them" what does this mean?

2017-12-31 14:07:09 UTC  

On their website it explains that the ripple transfer network will only be accessible to financial institutions. Prob to avoid fraud etc. but it’s a smart move

2017-12-31 14:07:27 UTC  

Get the pre existing things to build up your coin

2017-12-31 14:08:31 UTC  

@this_that5553 thanks for the explanation?

2017-12-31 14:09:49 UTC  

I’m not an expert sorry. Just a random thought I had on it. Ripple is actually extremely convoluted. It’s a coin and a transfer network

2017-12-31 14:10:57 UTC  

lol sorry I didn't mean that question mark, I'm using a foreign keyboard @this_that5553 so a handful of keys are switched 😂 I mean thanks for the explanation!

2017-12-31 15:02:23 UTC  

What wallets and exchanges are you guys using?

2017-12-31 16:04:57 UTC  

ledger nano s, i usually buy on coinbase then xfer to bittrex

2017-12-31 16:37:15 UTC  

ripple has the most solid real business application to date tackling trillions in international bank transfers, offering a lower cost and more secure alternative to the SWIFT system

2017-12-31 16:37:16 UTC  

however

2017-12-31 16:37:25 UTC  

it has done this by being in bed with the banks

2017-12-31 16:38:40 UTC  

all the authorative ripple servers are owned by financial institutions. This means it's only distributed among banks, not among the public. However, this also is an advantage in the sense that it's reliably transactable for normal currencies.

2017-12-31 16:39:30 UTC  

Ripple also as far more units that bitcoin. It will be priced at parity with bitcoin around $3.20

2017-12-31 16:42:13 UTC  

I use coinbase for BTC<->USD

2017-12-31 16:42:28 UTC  

and bittrex for BTC <-> other currencies

2017-12-31 16:43:57 UTC  

I would recommend Bitcoin Cash (BCH) over Bitcoin atm

2017-12-31 16:44:23 UTC  

Ethereum is also a solid platform although a little pricey.

2017-12-31 16:46:00 UTC  

So what is the difference between BTC and BCH?

2017-12-31 16:46:30 UTC  

And thanks for the info...I definitely appreciate it

2017-12-31 18:44:18 UTC  

Just opened my Coinbase account!

2017-12-31 20:54:40 UTC  

btc looking to breakout?

2017-12-31 22:46:13 UTC  

@Belzec Not sure in the short term, but I am buying long. I think it BTC could easily quadruple in less than a decade....and that might be conservative. One thing that concerns me is the deflationary aspect of BTC. That acts against consumerism, etc.

2017-12-31 22:49:14 UTC  

@ThisIsChris "I just want to see if I can make a buck on it"
This attitude is exactly why a lot of people will lose their ass in the next 6 months on crypto.

2017-12-31 23:33:34 UTC  

@Tanner - SC But isn't that the point? That people see the value in the technology and want to make money off of it? Otherwise it will eventually whither on the vine.

2018-01-01 00:08:30 UTC  

Some of the cryptos bring utility to areas that didn’t exist before. Other cryptos are only being bought because other people are buying and people want to make money off of the greater fool.

2018-01-01 00:16:00 UTC  

Ahhhh...fair enough