Seahawks.NET AMAZON STOREFRONT

Let's talk cryptocurrency

The Lounge is for non-sport-related topics other than politics, war and religion. Order up your favorite beverage, kick back and enjoy the conversation! LANGUAGE RATING: PG-13
Re: Let's talk cryptocurrency
Fri Jan 12, 2018 2:19 pm
  • chris98251 wrote:Well if you have a unique key for every transaction then regulators and governments will throw a fit at some point if they don't have oversight access, they want to see the sock and undies your washing and what detergent your using so to speak as well as whos machine your using so they can make sure they get their fair share of revenue.


    That's the neat thing about most blockchains. The transaction itself occurs in plain text so you can see the amount sent and where it was sent to. That's true of most blockchain assets, anyway. What I am putting a good chunk of money on in 2018 are privacy coins, digital assets with no audit trail or one that can be enabled or disabled on a per-transaction basis. Imagine the power of being able to hide money from Uncle Sam in perpetuity. The tech already exists, but I am willing to bet they will be supremely popular among successful crypto investors this year. Eventually, I see privacy tech forcing the federal government to abandon the income tax in favor of a VAT tax because this has so much potential to disrupt their tax schemes.
    Feel free to contact me if you need legal assistance. I have a great lawyer that helped me with an ex who violated my privacy and kept harassing me on MySpace and Facebook. He's very good. And there is legal precedent. - linuxpro

    He is hold back the legion of boom - skater18000
    User avatar
    SmokinHawk
    NET Veteran
     
    Posts: 6350
    Joined: Thu Apr 30, 2009 9:29 am
    Location: Back in Seattle


Re: Let's talk cryptocurrency
Wed Jan 17, 2018 12:24 pm
  • Looks like Lunar New Year provided us with a massive buying opportunity. I hope some of you capitalized on the dip rather than panic sold. I know I did!

    Bought:
    ETH @ 750
    LTC @ 145
    NEO @ 95
    Feel free to contact me if you need legal assistance. I have a great lawyer that helped me with an ex who violated my privacy and kept harassing me on MySpace and Facebook. He's very good. And there is legal precedent. - linuxpro

    He is hold back the legion of boom - skater18000
    User avatar
    SmokinHawk
    NET Veteran
     
    Posts: 6350
    Joined: Thu Apr 30, 2009 9:29 am
    Location: Back in Seattle


Re: Let's talk cryptocurrency
Wed Jan 17, 2018 2:42 pm
  • I'm just in HODL mode. :)

    Talk about some drops recently, though. Ouch.
    Image
    "VICTORYYYYYYY!" -Johnny Drama
    User avatar
    RolandDeschain
    * Spelling High Lord *
     
    Posts: 31276
    Joined: Fri May 01, 2009 8:39 am
    Location: Bothell, WA


Re: Let's talk cryptocurrency
Wed Jan 17, 2018 6:08 pm
  • RolandDeschain wrote:I'm just in HODL mode. :)

    Talk about some drops recently, though. Ouch.


    Yeah, as someone with considerable holdings in altcoins, that one stung a bit, but there is a silver lining for me. I have kept a cash reserve going in case there was a day or two like this. Already made a killing on ETH as it was massively oversold. It really is a sign of a healthy asset when market sentiment is so solid even through a horrific selloff like this one. Sure, ETH is still way off its all time high but I felt it was probably due a correction anyhow. Amidst all the panic I picked up a handful at 750 and it's already back over 1k with fairly solid pricing support at that level.

    This dip happens during this time of year, every year. It's being attributed to the Lunar New Year, a big holiday in China and elsewhere. Plan for it next year. Following this yearly dip has traditionally been a massive bull market. I can already see that both ETH and NEO are likely to pop. My hope is that NEO will be listed on Coinbase/GDAX at some point. It's already proving to be a massively valuable asset.
    Feel free to contact me if you need legal assistance. I have a great lawyer that helped me with an ex who violated my privacy and kept harassing me on MySpace and Facebook. He's very good. And there is legal precedent. - linuxpro

    He is hold back the legion of boom - skater18000
    User avatar
    SmokinHawk
    NET Veteran
     
    Posts: 6350
    Joined: Thu Apr 30, 2009 9:29 am
    Location: Back in Seattle


Previous


It is currently Sun Jan 21, 2018 6:57 am

Please REGISTER to become a member

Return to [ THE .NET LOUNGE ]




Information
  • Who is online
  • Users browsing this forum: Majestic-12 [Bot], Seanhawk and 40 guests