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OT any of you investing in Cryptocurrencies?

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earthmansurfer
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Re: OT any of you investing in Cryptocurrencies? 

Post#1201 » by earthmansurfer » Sun Feb 11, 2018 11:17 pm

Da_Mane_Man wrote:
earthmansurfer wrote:
Im Coming Home wrote:This is my worry with leaving my stuff on Binance. I think I'm gonna setup a Daedulus wallet now..


I think it is a reasonable calculated gamble to leave SOME coins on an exchange for TRADING. I wouldn't leave more than would break me, say 5% or there abouts. I do trust Binance, but have nothing there. Personally I only have coins on exchanges for trading or if there was no wallet I could get running.

So, yes, control your keys. I recommend a Ledger or Trezor hardware wallet. Pretty trustworthy thus far.

I am not familiar with Daedulus, can you share?


I ordered the Ledger but it won't ship till the end of March :-?

I don't want to set up a MEW because the whole process gives me anxiety. I don't want to figure out how to take my computer offline and do everything the "safest" way.

I just hope no exchanges get hacked between now and end of March :lol:


I don‘t know about running MEW offlne. If you did that you would probably need your own node as even though MEW runs in your browser, it has to connect to one of the nodes to find your balances - I think.

Running MEW online with your Ledger should be fine, as you are not exposing your private key. Just check the address on your Ledger to make sure it matches what you typed in.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1202 » by Da_Mane_Man » Sun Feb 11, 2018 11:24 pm

earthmansurfer wrote:
Da_Mane_Man wrote:
earthmansurfer wrote:
I think it is a reasonable calculated gamble to leave SOME coins on an exchange for TRADING. I wouldn't leave more than would break me, say 5% or there abouts. I do trust Binance, but have nothing there. Personally I only have coins on exchanges for trading or if there was no wallet I could get running.

So, yes, control your keys. I recommend a Ledger or Trezor hardware wallet. Pretty trustworthy thus far.

I am not familiar with Daedulus, can you share?


I ordered the Ledger but it won't ship till the end of March :-?

I don't want to set up a MEW because the whole process gives me anxiety. I don't want to figure out how to take my computer offline and do everything the "safest" way.

I just hope no exchanges get hacked between now and end of March :lol:


I don‘t know about running MEW offlne. If you did that you would probably need your own node as even though MEW runs in your browser, it has to connect to one of the nodes to find your balances - I think.

Running MEW online with your Ledger should be fine, as you are not exposing your private key. Just check the address on your Ledger to make sure it matches what you typed in.


Wait, I thought it was one or the other ... if you have a Ledger, you don't need MEW.

I was thinking until the ledger gets here I'll put them on a paper wallet from MEW. And then switch them to the Ledger at the end of March when the damn thing finally ships out.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1203 » by earthmansurfer » Sun Feb 11, 2018 11:35 pm

Da_Mane_Man wrote:
earthmansurfer wrote:
Da_Mane_Man wrote:
I ordered the Ledger but it won't ship till the end of March :-?

I don't want to set up a MEW because the whole process gives me anxiety. I don't want to figure out how to take my computer offline and do everything the "safest" way.

I just hope no exchanges get hacked between now and end of March :lol:


I don‘t know about running MEW offlne. If you did that you would probably need your own node as even though MEW runs in your browser, it has to connect to one of the nodes to find your balances - I think.

Running MEW online with your Ledger should be fine, as you are not exposing your private key. Just check the address on your Ledger to make sure it matches what you typed in.


Wait, I thought it was one or the other ... if you have a Ledger, you don't need MEW.

I was thinking until the ledger gets here I'll put them on a paper wallet from MEW. And then switch them to the Ledger at the end of March when the damn thing finally ships out.


MEW is for ETH and erc20 tokens. There are Chrome plugins for other coins. And a few more uses.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1204 » by Da_Mane_Man » Sun Feb 11, 2018 11:40 pm

earthmansurfer wrote:
Da_Mane_Man wrote:
earthmansurfer wrote:
I don‘t know about running MEW offlne. If you did that you would probably need your own node as even though MEW runs in your browser, it has to connect to one of the nodes to find your balances - I think.

Running MEW online with your Ledger should be fine, as you are not exposing your private key. Just check the address on your Ledger to make sure it matches what you typed in.


Wait, I thought it was one or the other ... if you have a Ledger, you don't need MEW.

I was thinking until the ledger gets here I'll put them on a paper wallet from MEW. And then switch them to the Ledger at the end of March when the damn thing finally ships out.


MEW is for ETH and erc20 tokens. There are Chrome plugins for other coins. And a few more uses.


I know.

I'm not sure we're understanding each other here.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1205 » by earthmansurfer » Sun Feb 11, 2018 11:46 pm

Da_Mane_Man wrote:
earthmansurfer wrote:
Da_Mane_Man wrote:
Wait, I thought it was one or the other ... if you have a Ledger, you don't need MEW.

I was thinking until the ledger gets here I'll put them on a paper wallet from MEW. And then switch them to the Ledger at the end of March when the damn thing finally ships out.


MEW is for ETH and erc20 tokens. There are Chrome plugins for other coins. And a few more uses.


I know.

I'm not sure we're understanding each other here.


MEW can be used with a Ledger. Ledger interfaces with different wallets. E.g. NEON, Electrum, MEW, etc.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1206 » by EnigmatiC » Tue Feb 13, 2018 12:45 am

please break 9k tonight :pray:
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Re: OT any of you investing in Cryptocurrencies? 

Post#1207 » by GettinitDone » Tue Feb 13, 2018 12:57 am

Man these coins/ tokens touted as being the best only to be surpassed by a new coin mere few weeks later like Ethereum being Blockchain 2.0, then EOS being blockchain 3.0, and now Seele is blockchain 4.0. We got Wanchain coming up supposed to be a can't miss but supposedly Fusion is even better than it technology wise.

The whole thing reminds me of Dragon Ball Z...

One day it's Piccolo being the strongest in universe with power of 300, then it's Raditz came to the scene with power of around 1000, then Nappa (3000) and Vegeta (15000) followed and basically blew all the powers you'd known at this point out of the water.

Story then moved to Namek and some Freeza's no-name minions were introduced to the story to be as strong, if not much stronger than Vegeta. But all powers were a joke compared to Freeza which at his energy-saving, basic form held power of 530000, then he turned to his ultimate form which should be around 1000000 (power count lost track at this point), only to be easily defeated by an angry Super Saiyan Goku.

Story then moved back to Earth where Freeza and his dad sought revenge but were easily killed by Trunks, who was no match to Android 17 and 18 (but you're man-made!!, You're not supposed to be stronger than ancient legendary Super Saiyan), who were no match to Cell after he absorbed towns of people, but hey the quiet Android 16 turned out to be stronger than 17 and 18 and almost defeated him remember, before Cell turned to his second form after absorbing 17, and it was no contest, but then Vegeta and Trunks, having trained in time and space, came and beat Cell to a pulp, but Cell then absorbed 18 to become his perfect form and everyone became his bitch, but Gohan had other ideas and turned to Super Saiyan 2 and killed Cell with one hand.

We all thought that's it, noone could be possibly stronger than Cell or Super Saiyan 2 Gohan, but **** here came new threat a fat, zero threat/ cute looking Boo was so powerful that if Cell had been there he'd have been turned into a candy and eaten, Super Saiyan 2 was not getting it done with Boo so Goku had to turn to Super Saiyan 3, but hey there's a new technique called Fusion to make a character stronger and stronger.

Dragon Ball Z (not to be confused with DragonChain) is the **** though :) Loved them as a kid 20 yrs ago, just bought the whole graphic novel collection and reread the whole thing.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1208 » by IAmTheBest » Tue Feb 13, 2018 2:33 am

EnigmatiC wrote:please break 9k tonight :pray:


nah man

like i mentioned before we are going back down.

expect ~6k again
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Re: OT any of you investing in Cryptocurrencies? 

Post#1209 » by IAmTheBest » Wed Feb 14, 2018 12:34 pm

futures pump?
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Re: OT any of you investing in Cryptocurrencies? 

Post#1210 » by EnigmatiC » Wed Feb 14, 2018 12:57 pm

9k you've been missed dearly
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Re: OT any of you investing in Cryptocurrencies? 

Post#1211 » by spree8 » Wed Feb 14, 2018 2:42 pm

IAmTheBest wrote:
EnigmatiC wrote:please break 9k tonight :pray:


nah man

like i mentioned before we are going back down.

expect ~6k again



Why?
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Re: OT any of you investing in Cryptocurrencies? 

Post#1212 » by earthmansurfer » Wed Feb 14, 2018 5:07 pm

Bitcoin looking much much better. 10k is strong resistance, but we are past 9k now and that bottom at 6k ish, is looking solid.
Litecoin is starting to breakout too. Tough coin to hold, but when she breaks out, she sure does - and then she usually comes down hard again. But with where she is going, I see it as a great long term hold. Space is starting to look solid again.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1213 » by ITGM » Thu Feb 15, 2018 12:02 am

Shoutout to everyone who had the prudence to HODL Litecoin. We'll be eating good after LitePay and LitePal!

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I think I'll take my Lambo in all black!
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Re: OT any of you investing in Cryptocurrencies? 

Post#1214 » by NY2TheBay » Thu Feb 15, 2018 5:10 am

IAmTheBest wrote:
EnigmatiC wrote:please break 9k tonight :pray:


nah man

like i mentioned before we are going back down.

expect ~6k again


shoot me the lotto numbers too, hombre.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1215 » by RHODEY » Thu Feb 15, 2018 6:25 am

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Re: OT any of you investing in Cryptocurrencies? 

Post#1216 » by EnigmatiC » Thu Feb 15, 2018 3:09 pm

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Re: OT any of you investing in Cryptocurrencies? 

Post#1217 » by HarthorneWingo » Tue Feb 20, 2018 7:44 am

You folks better be careful who you let into your residence.

https://www.nytimes.com/2018/02/18/technology/virtual-currency-extortion.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=second-column-region&region=top-news&WT.nav=top-news

Bitcoin Thieves Threaten Real Violence for Virtual Currencies
By NATHANIEL POPPER
FEB. 18, 2018

SAN FRANCISCO — The currency they were after was virtual, but the guns they carried were anything but.

In the beach resort of Phuket, Thailand, last month, the assailants pushed their victim, a young Russian man, into his apartment and kept him there, blindfolded, until he logged onto his computer and transferred about $100,000 worth of Bitcoin to an online wallet they controlled.

A few weeks before that, the head of a Bitcoin exchange in Ukraine was taken hostage and only released after the company paid a ransom of $1 million in Bitcoin.

In New York City, a man was held captive by a friend until he transferred over $1.8 million worth of Ether, a virtual currency second in value only to Bitcoin.

The rich have always feared robbery and extortion. Now, big holders of Bitcoin and its brethren have become alluring marks for criminals, especially since the prices of virtual currencies entered the stratosphere last year.

Virtual currencies can be easily transferred to an anonymous address set up by a criminal. While banks can stop or reverse large electronic transactions made under duress, there is no Bitcoin bank to halt or take back a transfer, making the chances of a successfully armed holdup frighteningly enticing.

Thieves have taken advantage of this system in a startling number of recent cases, from Russia, Ukraine, and Turkey to Canada, the United States and Britain.

“This is now becoming more pervasive and touching more law enforcement divisions that deal with organized crime and violent crime on a local level,” said Jonathan Levin, the founder of Chainalysis, which has worked with several law enforcement agencies on virtual currency crimes.

-more-
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Re: OT any of you investing in Cryptocurrencies? 

Post#1218 » by IAmTheBest » Thu Feb 22, 2018 6:58 pm

HarthorneWingo wrote:You folks better be careful who you let into your residence.

https://www.nytimes.com/2018/02/18/technology/virtual-currency-extortion.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=second-column-region&region=top-news&WT.nav=top-news

Bitcoin Thieves Threaten Real Violence for Virtual Currencies
By NATHANIEL POPPER
FEB. 18, 2018

SAN FRANCISCO — The currency they were after was virtual, but the guns they carried were anything but.

In the beach resort of Phuket, Thailand, last month, the assailants pushed their victim, a young Russian man, into his apartment and kept him there, blindfolded, until he logged onto his computer and transferred about $100,000 worth of Bitcoin to an online wallet they controlled.

A few weeks before that, the head of a Bitcoin exchange in Ukraine was taken hostage and only released after the company paid a ransom of $1 million in Bitcoin.

In New York City, a man was held captive by a friend until he transferred over $1.8 million worth of Ether, a virtual currency second in value only to Bitcoin.

The rich have always feared robbery and extortion. Now, big holders of Bitcoin and its brethren have become alluring marks for criminals, especially since the prices of virtual currencies entered the stratosphere last year.

Virtual currencies can be easily transferred to an anonymous address set up by a criminal. While banks can stop or reverse large electronic transactions made under duress, there is no Bitcoin bank to halt or take back a transfer, making the chances of a successfully armed holdup frighteningly enticing.

Thieves have taken advantage of this system in a startling number of recent cases, from Russia, Ukraine, and Turkey to Canada, the United States and Britain.

“This is now becoming more pervasive and touching more law enforcement divisions that deal with organized crime and violent crime on a local level,” said Jonathan Levin, the founder of Chainalysis, which has worked with several law enforcement agencies on virtual currency crimes.

-more-


good looks man

While this is the case, I dont think it's different from any robbery/criminal activity. When was the last time someone got held up and was asked for a....bank transfer lol.

Media seems to try to link btc and criminal activity. while criminals do in fact use and go after crypto, it's not like they dont also use fiat too lol.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1219 » by EnigmatiC » Fri Feb 23, 2018 12:18 am

and down we go again...
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Re: OT any of you investing in Cryptocurrencies? 

Post#1220 » by IAmTheBest » Fri Feb 23, 2018 4:51 pm

EnigmatiC wrote:and down we go again...

it's about damn time

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