Buying bitcoins

Thargor wrote: »

What do you think stinks about ETH? Not that Im worried I think its safe enough until BTCs issues are sorted in August anyway.

A link was posted a few pages back, to an article that may answer the stink question: http://www.boards.ie/vbulletin/showpost.php?p=103783488&postcount=1775

Supercell wrote: »

XRP on the other hand has real potential but the guys that made it own so much of it they can totally manipulate the market (allegedly saying they will give 75% of it away..). XRP should be doing what ETH is doing but its not .

Are they not players in the establishment banking sector? So they can manipulate it on a whim? Is there an actual limit in Ripple? Even if there isn't, the amount available / in circulation is ridiculous.

Secondly, are ETH and XRP not in different markets in any event? Isn't ETH all about providing a platform for dApps?...rather than to act as a currency or store of value?

Supercell wrote:

Stratus, Dash and Monero are worth watching (maybe have some quality to them), but they don't have the volumes of ETH so are crazy volatile.

I'm not fully up to speed on these but in the case of Dash, I found it interesting that irish Fintech company - bitcart.io switched completely from bitcoin to dash within the past 10 days out of total frustration with bitcoin. I don't know anythign about stratus -but my understanding is that dash and monero are in existence to act as a currency.

cnocbui wrote: »

No, ripple is very much like Etherium and incorporates smart contracts. The pushers even responded to the problem of unreleased tokens by locking them up in Ripple contracts, maturing on a known time frame and releasing the contained tokens at a predictable rate.

Ok, but are the main stakeholders in XRP not establishment banks (or those involved in establishment banking) - who hold the balance of power and can manipulate the 'currency' at a whim?

Dohnjoe wrote: »

As far as I know, Ripple introduces blockchain tech to banks (like Santander), the banks themselves don't use the coins (XRP) that are traded in the crypto market

Yes, I guess this was my understanding also - and that it was centralised - which to me, goes against the whole spirit and reason for crypto's in the first instance. Don't get me wrong. I accept that there may be implementations that help to create synergies in terms of inter-bank transfers. However, it doesn't compare with the likes of bitcoin in terms of the nature of it's use.

TiltedBrain wrote: »

Tiny bit of stability now for the last 24hrs, is 340 the new floor?

yeah - seems to be holding between 340 - 350 for the last while

My DGBs and XRPs took a turn for the better in the last 24 hours as well which was nice to see

Am I reading it right? $488 IOT/USD??

Hold from investing now... it will drop a lot... just watch it. In the mean time QRL is a good ticker. I invested 5 days ago at .50c. Gone past 1.10 now. Have a look.

Mr. Manager wrote: »

Anyone know anything about IOTA? I'm not really tech savvy so if someone could kindly explain it to me like I'm 5 years old that would be great.

I've tried to read this article a heap of times but it may as well be Chinese - https://www.cryptocoinsnews.com/iota-token-has-record-breaking-launch-on-bitfinex/

and we're through the 340 floor again

sudaltsov wrote: »

Is there any bank in Ireland offering cryptocurrency-related investments (covering risks for a price, of course)? Or is totally wild online so far?

Not that I know of. But in Europe, some institutions are starting to offer ETNs and funds based on cryptos - its slow but it's happening

In the US, institutions can buy cryptos in a regulated and fully compliant new exchange - Gemini.com

Once there are more of these, I reckon we'll really see market cap explode in size

What's likely to come out of that conference?

Interesting.......

Mr.S wrote: »

Anyone else with some XRP? Lots of chatter going on about it in the last 48hrs.

Yeah me.. It's bobbing along

PopePalpatine wrote: »

More like 0.04ETH, or about €14, because I sold hoping that I was cashing out at the start of a dip...only for ETH to stop dropping a few minutes afterwards, which is when I bought back in. Lesson learned.

You whacked in 25 euro and at the first sign of a dip you bailed?

EagererBeaver wrote: »

You whacked in 25 euro and at the first sign of a dip you bailed?

Yes. I checked the price when I bought, and at 5pm I checked this thread and saw lawred's comment and got spooked, and also thought I could buy back in after the price had dropped to €250-300/ETH. I just have a nagging doubt in the back of my head worrying if I've bought in right as the bubble bursts, as if I bought a house in 2008. I've only invested €130 so far, it wouldn't cripple me if it ended up up the nostril of some Wall Street asshole who got lucky and sold to me right before a crash.

PopePalpatine wrote: »

I just have a nagging doubt in the back of my head worrying if I've bought in right as the bubble bursts,

Maybe, maybe not ! Who knows -- nobody. Genuinely.
What I do think, tho', is that the period of exponential price rises in ETH is over.

Secondly, I strongly urge you to note the advice of the poster above me -- select one particular coin (after due diligence and research) -- and sit on it.
What you are doing now is just betting. Trying to read and then pre-empt the market will get you rekt -- financially and emotionally. You won't win in the end, that's for sure. HODL.