Interesting. I have always wondered why we are at where we are now.

Let me ask you this. Why is gold prices going up? Or if you want to take precious diamonds also acceptable.

Anyway, I need to sleep. Reply you tomorrow.

Ahhhh... and I thought we want to have some intelligent discussion. So you're saying gold has no inherent value and only for speculation? Scam too right? For your information, gold reserve in this world is 170,000,000 kg with an estimated value in trillions. And that's only talking about gold. I guess you will cry scam for a lot of things...... that would be a bitter life to live......

Makes me think of a guy running into an art auction house screaming "SCAM" because a painting was sold for 50 million. Good, I don't have to waste time with you.

The first think that popped into my mind is "Life must be hard on him." Really pity.

Yeah, not feeding anymore.

Don't play margin!!!

Just curious, are you profiting from playing margin? To me, unless one is an expert or extremely lucky, the chances to win most of the time would be very slim.

Waw! Look at Nexium. And I sold half of Nexium to fund other coins.

This post has been edited by kmarc: Jun 1 2017, 08:11 AM

Scam! Scam!!! Sorry....

Looks like they used Deloitte which is part of r3 consortium. It seems R3 and Ripple previously were working together for bank payments and they actually complement each other. Not too sure the impact on ripple though.

This post has been edited by kmarc: Jun 1 2017, 08:28 AM

I see. All the best to you then.

Oh ya, forgot to mention that. I was thinking it was a scam so forgot....

Very generous of you. I'll pass for now as will probably use it for paperweights.

Shucks, I did some deep fishing at the sides when it was down. Only about 1% of my holdings. If it goes a bit higher, will sell off to keep BTC.

Thx for the link. Will put the video links in front page.

This post has been edited by kmarc: Jun 1 2017, 09:53 AM

SCAMMMMMM!!!!!

Look at page 27. They mentioned ripple and stellar.... interesting....



Thx b0rhui for the youtube link : https://www.youtube.com/watch?v=PzScsRNsoT0

If you're interested only on XRP, skip to 42:10

Summary :
1) XRP 100 billion created. Ripple has 20 billion on-hand, to sell to financial institutions and market makers. 50 billion locked up and release incrementally, gives certainty to the market. 30 billion in the market for people to buy.
2) For banks to use XRP:
- They don't have to hold, they can buy from local exchanges that list XRP (against local currency). Local exchanges are crucial in the providing lots of liquidity. Ripple in process of creating XRP liquidity partnerships, to list XRP and provide liquidity into local currencies.
- Can also can opt to buy XRP and hold it in their account, to be used for cross-border payments

Also remember that XRP is burnt at each transaction although somebody estimates 240 years before XRP runs out: https://www.reddit.com/r/Ripple/comments/5b...ction_fees_are/

Destruction of XRP is not that much per transaction though : https://ripple.com/build/transaction-cost/

I'm not too sure what this does to the price of XRP but as the company wants to clear uncertainties on XRP and as demand increase, it is only natural that the price will increase too. My 0.00002 XRP opinion only.

This post has been edited by kmarc: Jun 1 2017, 10:37 AM

Great! All my deep sea fishes are surfacing. Going to sell them off soon to prepare for the next wave. Just for info, my deep sea fishes are less than 1% of my total holdings.

WooTz If I understand it correctly, looks like an ETH version of localbitcoins is coming soon : https://www.cryptoninjas.net/2017/05/29/new...launching-soon/

I guess not that popular? Luno and localbitcoins are listed here though : https://www.bestbitcoinexchange.io/

Hehe, my term for buying discounted coins when the market is down i.e. Deep sea fishing, usually when the coins drop into negative 20-30% territory.

Recently bought XRP, Clams, GNT, SC, XEM and BTM because they were red.

Oh ya, I only play with the coins that I am holding.

Haha, good one!

This post has been edited by kmarc: Jun 1 2017, 01:24 PM

Yup. Sign up Polo then transfer BTC there to buy ETH.

Both parties pay for a transaction. If you sell to the nearest bid, you pay 0.25% of the fee while the buyer pays 0.15%.

If you asked for a price and the price matches, you pay 0.15% of the fees and the seller pays 0.25%.

Cool. Market cap at 86B. Looks like money coming in again.

Besides Polo which is my main platform, I also use bittrex. 0.25% fee.

This time I am ready if the red sea does come!!!

You can store millions if you want to. The worry is that if something happens to the ledger and you can't recover it for some reason, then your coins are all gone. Ledger only holds your private keys. It doesn't hold any coins.

Here's a list of coin it supports including using MyEtherWallet to support ERC20 coins : http://support.ledgerwallet.com/knowledge_...-s-and-the-blue

Personally for me, I would not keep everything in one wallet if your funds are big. Better to have 2 or even 3 hardware wallets.

This post has been edited by kmarc: Jun 1 2017, 11:28 PM

Yay! XRP on the rise. Hope it can be sustained at higher levels this time.

Forumers have given you the answer on GNT on Myetherwallet. Here's another link for reference : http://neocashradio.com/blog/storing-ether...ardware-wallet/

MyEtherWallet have the option to interact directly with ledger. Read the link above which also has another link on how to interact ERC20 tokens with ledger.

Simplest summary - Connect ledger, start MyEtherWallet, choose "Ledger nano S" inside Myetherwallet, get ETH address in Myetherwallet, send GNT to the ether address.

Remember that only ERC20 coins can be sent to ETH address as ERC20 tokens are based/generated on ETH platform.

This post has been edited by kmarc: Jun 2 2017, 07:15 AM

Damn, sold off 20% of Digibyte and it goes up even higher. I'm so bad at trading......

As far as I know, your private keys in hardware wallets can't be extracted by malware. You can plug the hardware wallet into any rat-infested, virus-infected, alien-hiberating, malware-containing computer and you're still safe.

You bought at the top? Why didn't wait for some pullback first?

On other news, Dash using Ripple gateway : https://www.dashforcenews.com/dash-funds-cr...ipple-gateways/

This post has been edited by kmarc: Jun 2 2017, 12:48 PM