OT any of you investing in Cryptocurrencies?

Im Coming Home · Post #1181 » by **Im Coming Home** » Sat Feb 10, 2018 11:19 am

earthmansurfer wrote:Bad news - Bitgrail, which was the largest exchange trading Nano (formerly Raiblocks), had 17 million Nano stolen! They only have 4 million right now. Statement here:
https://bitgrail.com/news

This is my worry with leaving my stuff on Binance. I think I'm gonna setup a Daedulus wallet now..

earthmansurfer · Post #1182 » by **earthmansurfer** » Sat Feb 10, 2018 12:59 pm

Im Coming Home wrote:
earthmansurfer wrote:Bad news - Bitgrail, which was the largest exchange trading Nano (formerly Raiblocks), had 17 million Nano stolen! They only have 4 million right now. Statement here:
https://bitgrail.com/news

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?

IllmaticHandler · Post #1183 » by **IllmaticHandler** » Sat Feb 10, 2018 1:53 pm

Im Coming Home wrote:
earthmansurfer wrote:Bad news - Bitgrail, which was the largest exchange trading Nano (formerly Raiblocks), had 17 million Nano stolen! They only have 4 million right now. Statement here:
https://bitgrail.com/news

This is my worry with leaving my stuff on Binance. I think I'm gonna setup a Daedulus wallet now..

should have set up your Daedulus wallet day one imo. first day I bought my ADA I transferred my stuff there.

Im Coming Home · Post #1184 » by **Im Coming Home** » Sat Feb 10, 2018 2:28 pm

earthmansurfer wrote:
Im Coming Home wrote:
earthmansurfer wrote:Bad news - Bitgrail, which was the largest exchange trading Nano (formerly Raiblocks), had 17 million Nano stolen! They only have 4 million right now. Statement here:
https://bitgrail.com/news

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?

https://daedaluswallet.io/

Don't have much info about it, just know that its the only wallet Cordano/ADA can be stored on.

Im Coming Home · Post #1185 » by **Im Coming Home** » Sat Feb 10, 2018 2:28 pm

IllmaticHandler wrote:
Im Coming Home wrote:
earthmansurfer wrote:Bad news - Bitgrail, which was the largest exchange trading Nano (formerly Raiblocks), had 17 million Nano stolen! They only have 4 million right now. Statement here:
https://bitgrail.com/news

This is my worry with leaving my stuff on Binance. I think I'm gonna setup a Daedulus wallet now..

should have set up your Daedulus wallet day one imo. first day I bought my ADA I transferred my stuff there.

I'm still fairly new to this, and on top of that I don't want to pay transfer fees back and forth to sell once Cordano goes up..

But yeah I'm gonna remove it now.

IllmaticHandler · Post #1186 » by **IllmaticHandler** » Sat Feb 10, 2018 2:36 pm

Im Coming Home wrote:
IllmaticHandler 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..

should have set up your Daedulus wallet day one imo. first day I bought my ADA I transferred my stuff there.

I'm still fairly new to this, and on top of that I don't want to pay transfer fees back and forth to sell once Cordano goes up..

But yeah I'm gonna remove it now.

I told you before ada fees are like absolute zero. the fraction of a cent, you good.

spree8 · Post #1187 » by **spree8** » Sat Feb 10, 2018 2:43 pm

Doubted it for a while, but with this thread staring at me in the face everyday, I said fuq it and did a lot more research. If I get filthy rich off this one day, I’ll owe you mofo’s big :lol:

IllmaticHandler · Post #1188 » by **IllmaticHandler** » Sat Feb 10, 2018 2:51 pm

spree8 wrote:Doubted it for a while, but with this thread staring at me in the face everyday, I said fuq it and did a lot more research. If I get filthy rich off this one day, I’ll owe you mofo’s big

Not saying anyone will become a Millionaire for sure, but there is money to be made at some level. Its real. Forbes is telling you its REAL. :lol:

EnigmatiC · Post #1189 » by **EnigmatiC** » Sat Feb 10, 2018 3:35 pm

what wallet would you guys reccomend until I get the Nano Ledger S?

IllmaticHandler · Post #1190 » by **IllmaticHandler** » Sat Feb 10, 2018 4:18 pm

EnigmatiC wrote:what wallet would you guys reccomend until I get the Nano Ledger S?

Depends. IF most of your holdings are Etherum based EC20, you can use Myetherwallet.

The Stellar website has links to Wallets you can use XLM with.

There is no one-stop option for all coins

EnigmatiC · Post #1191 » by **EnigmatiC** » Sat Feb 10, 2018 5:04 pm

IllmaticHandler wrote:
EnigmatiC wrote:what wallet would you guys reccomend until I get the Nano Ledger S?

Depends. IF most of your holdings are Etherum based EC20, you can use Myetherwallet.

The Stellar website has links to Wallets you can use XLM with.

There is no one-stop option for all coins

Aight cool most of my coins are Eth based.

IllmaticHandler · Post #1192 » by **IllmaticHandler** » Sat Feb 10, 2018 5:06 pm

EnigmatiC wrote:
IllmaticHandler wrote:
EnigmatiC wrote:what wallet would you guys reccomend until I get the Nano Ledger S?

Depends. IF most of your holdings are Etherum based EC20, you can use Myetherwallet.

The Stellar website has links to Wallets you can use XLM with.

There is no one-stop option for all coins

Aight cool most of my coins are Eth based.

Meta Mask is another one for ETH based ones. Pretty easy to use.

Yeezus_ · Post #1193 » by **Yeezus_** » Sat Feb 10, 2018 6:40 pm

spree8 wrote:Doubted it for a while, but with this thread staring at me in the face everyday, I said fuq it and did a lot more research. If I get filthy rich off this one day, I’ll owe you mofo’s big

What'd you buy?

spree8 · Post #1194 » by **spree8** » Sat Feb 10, 2018 7:42 pm

Yeezus_ wrote:
spree8 wrote:Doubted it for a while, but with this thread staring at me in the face everyday, I said fuq it and did a lot more research. If I get filthy rich off this one day, I’ll owe you mofo’s big

What'd you buy?

A bunch of...

Stellar, Ripple, Cardano, ICON, Tron, and some Bitcoin n Ethereum.

IllmaticHandler · Post #1195 » by **IllmaticHandler** » Sat Feb 10, 2018 8:31 pm

IllmaticHandler · Post #1196 » by **IllmaticHandler** » Sat Feb 10, 2018 8:32 pm

spree8 wrote:
Yeezus_ wrote:
spree8 wrote:Doubted it for a while, but with this thread staring at me in the face everyday, I said fuq it and did a lot more research. If I get filthy rich off this one day, I’ll owe you mofo’s big

What'd you buy?

A bunch of...

Stellar, Ripple, Cardano, ICON, Tron, and some Bitcoin n Ethereum.

well damn. :lol:

spree8 · Post #1197 » by **spree8** » Sat Feb 10, 2018 8:50 pm

IllmaticHandler wrote:
spree8 wrote:
Yeezus_ wrote:What'd you buy?

A bunch of...

Stellar, Ripple, Cardano, ICON, Tron, and some Bitcoin n Ethereum.

well damn.

FOMO

EnigmatiC · Post #1198 » by **EnigmatiC** » Sun Feb 11, 2018 9:08 pm

https://www.reddit.com/r/CryptoCurrency/comments/7wnebh/confidential_ibm_blockchain_files_on_global/?st=jdja4ioa&sh=44d8c5a3

Supposed leaked documents on IBM's XLM implementation.

Im Coming Home · Post #1199 » by **Im Coming Home** » Sun Feb 11, 2018 9:43 pm

Got my coins off Binance for now. The charge was 1 ADA/Cardano, not bad. Gonna get ready for a 1-2 year hold now.

Da_Mane_Man · Post #1200 » by **Da_Mane_Man** » Sun Feb 11, 2018 10:13 pm

earthmansurfer wrote:
Im Coming Home wrote:
earthmansurfer wrote:Bad news - Bitgrail, which was the largest exchange trading Nano (formerly Raiblocks), had 17 million Nano stolen! They only have 4 million right now. Statement here:
https://bitgrail.com/news

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: