I’ve decided to allocate a small portion, as much as 10% of iBankCoin’s annual revenues into a basket of crypto-currencies. I have my ideas of what to buy — but figured this would be a good forum to open up a discussion with you absolute faggots about the state of the crypto markets and which ICOs you favor most and why.
Give me your elevator pitch on what cryptos you favor and why.
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Bitcoin Cash (BCH) because it’s what Bitcoin originally should have been. An asset and a possible currency that is fast and low fees. I think it does great in 2018 whereas BTC continues onward and upward but it’s as viable for the speed and all these fees.
Ripple XRP because banks are testing and getting behind this. If regulators ever block, regulate, tax, stop whatever.. they will allow one bank supported crypto. Ripple XRP is it. It’s using the blockchain as all of them do but it’s very fast and fees are pennies. Swift, low fee.. what’s not to like. Plus a public company with a CEO that can be jailed in case shit hits the fan.
Monero because maybe if they get it worked out.. it might be that anonymous “asset” you can use to buy stuff you shouldn’t be? I mean BCH and XRP aren’t exactly anonymous. So Silk Road 3 or 4 or whatever.. probably won’t be using those.
XRP has unlimited coins; the higher the value XRP goes, the more ironic it gets, no?
Apparently your assessment has been deemed fake news old chap.
yes
TRX – TRON – Monster volume on binance. Possible connection between Jack Ma/BABA and Tron. BABA stock also good
NEO – lots of ICO’s are about to launch on NEO platform
OMG – Payment Platform. Perhaps the Ripple/Stellar of Asia
Don’t sleep on EOS. It’s one of the few coins that deserves the hype.
EOS #1 ( Ethereum Killer)
NEO #2 (Chinese Ethereum)
ETHOS #3 (Coinbase Killer)
Others that merit consideration: POE, TRX, ELF, XRB, OMG. VEN, PIVX, CVC, MYST.
ICOs: Iungo, Nucleus Vision, Crypteriun.
Lottery Ticket: Eryllium (ERY)
This complete capitulation to crypto has been beautiful to watch. Faggotcoin ICO supposed to be a hot issue, pretty self-explanatory. Enjoy the freeze this weekend.
FCT – (Despite Mcafee pump). Factom is targeting enterprise level blockchain solutions, not retail crypto kitties BS. Recent AMA on reddit says 20-40 NDA’s with large companies. Already vetted by and working with DHS and Gates foundation. Moved up federated server implementation. Low supply, whales control price. All about manipulation anyways right?. Listed on limited exchanges, as it gets listed on more exchanges, increase capital flow.
Augur steem ripple tenx storj decred ethereum digibyte zencash/zclassic lbry stellar data comet aragon cindicator decentraland districtox coufound.it. All gifted programmers working on these projects and they have nothing to do with bitcoin the chinese scam.
Oh god please leave my VEN alone man..
Last one I showcased went up 7x over the past 3 weeks.
https://twitter.com/The_Real_Fly/status/941131705364119553
Sry sry sry.
To the moon we go.
Bought more just b/c of you Fly.
So, I guess the water is now bubbliciously warm and it’s safe to go in – after all that kicking and screaming.
Obviously include Monero, since it’s more secure and anonymous than Bitcoin and it’s forks
https://www.bloomberg.com/news/articles/2018-01-02/criminal-underworld-is-dropping-bitcoin-for-another-currency
That’s one way (via ransom) to increase demand for a product, Monero in this case; however, VERGE (XVG) is way more secure and anonymous cryptocurrency. It’s 100% open source and built with a focus on privacy. XVG is to crypto what Linux is to O/S.
PPT – Populous.
1. The use case of the blockchain is clear and brilliant. There really is no need for middle-men in the world of invoice financing and also, the platform will easily scale to cover other assets where disintermediation via the blockchain makes complete sense.
2. Passive income opportunity. Investors who hold PPT tokens will become the financiers, and will obtain a return on their investment (via a secondary token on the platform, called a ‘poken’). The theory is that the ROI will be paid out into more pokens which will be linked to a bank-backed debit card. You can then either spend those pokens via a 1:1 fiat conversion (GBP at first), or reinvest them into the system for more financing.
TL:DR – I told you about this when it was $2.60 and you should have bought then! They have a beta that is launching very shortly…
Extra credit – I only looked into this token because it was called PPT and I’ve been on this site long enough for it to grab my attention… THANKS FLY!!!!!!!!!
I am your witness.
The value play right now is Ripple (XRP). It’s trading over $3 now. I bought it last month at $0.24, so it’s a Ten-bagger for me in a month. But have no fear,for it’s still early. Basically Ripple is designed to make it faster, easier and cheaper to send money around the world. It is the disruption needed to abolish the SWIFT system, which is slow, opaque and costly, when you consider member banks have to post collateral with every correspondent bank they transact with, I.e. a “nostro “ account that ties up significant collateral that generates zero return for a bank. Right now, about $5 TRILLION a day is facilitated through SWIFT. The current market cap of Ripple is $135 billion (now #2 behind Bitcoin). Do the math. Already 26 of the worlds 50 largest banks have agreed to use it, including AMEX. As more banks sign on, the daily usage will jump from $5 trillion to $15-$20 trillion in a few years.
I currently hold Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) Bitcoin Cash (BCH), Monero(XMR) and ZCash (ZEC). These are all you really need to own. I’m also studying Iota (IOT)..a crypto that will revolutionize power usage for the internet of things.
Based on 100 billion max supply of Ripple , the price could easily be $50 a Coin based on a daily activity of $5 trillion.
This lays out my problem with XRP. The point of cryptos is to get the banks the F out of economies. If ripple wins, crypto loses.
And @Fly my picks are in Exodus, love anything on the 0x protocol.
Ripple is basically PayPal for banks.
They can both win.
XRP is a banksters’ token. Scratch the surface and surely you will see ‘doin’ God’s work’ Blankfein evil face there ready to fuck muppets at the curb. Banksters control it. Not retail. Banksters can spike Ripple and suck muppets in and then crash it at will. Has anyone noticed the exit door for these bedroom billionaires is the size of an eye of the needle?
Other small caps to check out:
Power Ledger (POWR) – I’m an Aussie so may be biased toward our first home-grown crypto-company, but in short the power industry is ripe for blockchain tech. I’m an IT Risk consultant by trade, and I’ve done Internal Audits on the Australian power industry – suffice to say it’s a fucking labyrinth how they deal with power credits/prices within the industry. The introduction of consumer solar credits further deepened the hole. Blockchain tech on a number of levels will help in this area and these guys have already announced a number of real-world trials with national power companies in Australian, India & NZ.
Parkbyte (PKB) – Very speculative (i.e. early) but they are aiming to introduce blcokchain tech into the parking industry. I really like the use case but yeah, this is speculative.
As others have mentioned, I also like LTC, ETH, NEO, XMR but those are pretty obvious.
The crypto market is open 24/7/365. Get you some!!!
I f I were you I would replicate the 10 holdings of Bitwise. They’ve done a fair job doing some diligence to pick their holdings. Even though this is the wild west.
https://www.bitwiseinvestments.com/index
great idea flow
Funny not one mention of btc. Mcafee might be crazy enough to actually cut his dick off
XRP. …the cure for illiquidity has always been a higher price (John Hathaway). People are fearful of bargains (JP Getty).
I just banged a hot 38 year old ex- supper model who she is old )
2 kids who are in Brooklyn tonight with Luigi their dad.
Easy
Etherum , fucking Ripple and maybe this IODA coins. It’s supposed to be the new new.
This is so stupid that it’s working. Kinda like buying Google or Amazon and never selling.
We might have a year or two. Gonna be real fun.
Regards
Chuck Bennett
Good morning Fly,
Glad you’re coming over to the dark side, even if you are an equity faggot. 😉
Your new crypto sleeve should absolutely have a play on the genius of Dan Larimer. EOS, Steem, Steem Dollars, BitShares, etc. The man is a genius along the likes of Nick Szabo and Vitalik Buterin. He’s also imbedded in the defense industry through his dad.
https://www.forbes.com/sites/rogeraitken/2015/10/12/meet-cryptonomexs-dan-larimer-and-his-four-horsemen-of-crypto-economics/#47cc428f3fd9
BCH > BTC: The banker cabal has successfully turned BTC into a shitcoin with the high fees, slow transaction times. BCH keeps the original bitcoin, on chain, dream alive.
On top of the Dan Larimer play, investing in DAC coins like RaiBlocks (XRB) is prudent. The latest hype is easily RaiBlocks, soon to become Nano allegedly.
https://www.reddit.com/r/CryptoCurrency/comments/7nv7bq/raiblocks_is_rebranding_to_nano_heres_proof/?utm_content=full_comments&utm_medium=user&utm_source=reddit&utm_name=frontpage
Take your pick or divide the risk among XRB, MIOTA and GBYTE.
Lastly, as Coin Speak has widely stated get yourself some privacy coins. ZEC, XMR, ZCL, ZCoin, ZEN, etc.
Thanks for the continued laughs and investment ideas.
Good luck and may the LORD God bless you and your family this 2018!
P.S. – Don’t be a pussy and up that 10%. The New Crypto Order is dethroning the NWO.
https://www.reddit.com/r/conspiracy/comments/7nz2wf/cryptocurrencies_hit_new_alltime_high_to_ring_in/
Just beware Revelation 13:16-17…
DAG (Directed Acyclic Graphs) coins*
LTC which nobody has mentioned. BCH, EOS, TRX
Boone’s Farm (Ripple is for ghetto types- Boone’s Farm is for aged hippies).
Blockbuster Video stock (the ultimate in blockbuster chains).
Louis Vuitton x Supreme Slender Wallet (classier than a cryptocurrency wallet).
Kryptonite (in case Superman sells his cryptocurrencies).
McDonalds (I hear they plan on putting a bitcoin in every Happy Meal).
Cyanide (in case the Fed decides to impose restrictions on tulips and bitcoins).
Depends on if you’re trading or hodling for a decent timeframe. If hodling these are good choices imo.
BTC- “reserve” currency, first mover advantage, strongest network, largest development team
XMR- best privacy protection coin. Largest cap of them. Will be seen as safest for larger and institutional investors to purchase.
BCH- not a fan, but needed as hedge To BTC
EOS- a stretch with no product yet, but developer behind it has two other larger currencies to his name. Looking to replace ETH.
Dash- largest of two layer protocols with masternodes. Won’t be going anywhere.
I realize these are all larger ones, but if you want upside and staying power these are good picks.
If you want some longer shots with more risk/reward I hold
DCR- hybrid PoW/PoS model with governance/voting handled via blockchain. A lot of bigger developers (Charlie Lee, core devs) are fans of technology. Current market cap $700 mil
Block- protocol for communicating between nodes on blockchains. Another with masternodes that validate and get paid for transactions. Cap $240 mil
Gvt- building network for private trust transactions and investments. Russian developers working on it, but BTC pioneer Charlie Shrem is advisor. Smaller fixed float of just under 4 million shares. Market cap $53 million. Up about 7x since I bought a few months ago.
I would be aware that few entities own -a lot- of bitcoin , and promote them , and these entities are also sort of the illegal part of the world commerce .. a regulation and some bad episodes will debubble coins on the go ,and – possibly- declare some of their use illegal
kinda like how pot stocks are going to crater today after Jeffe and the GOP just shit all over states rights?
but pot smoking grandmas will keep the pot market giddy. btw, looks like grandma on the left had a good teacher: “put your whole face over it and do it like you mean it!”. LOL @1:15
https://www.youtube.com/watch?v=nenE0YxBl80&feature=youtu.be&t=67
…but at least she opened her mouth wide and put her lips around the neck of the bong, … bedroom habits
difference in the pot end of the year momentum ( it happen every year and next month ) , is that pot is a consumable good and commerce of it is been regulated . notso for digital coin , and any bankster you hear doesnt think its a good idea to invest in it .
btw pot momentum is peaking as we type . some componies will excell in selling marjuana products in both the medical and recreational fields , but I doubt there will be hundreds of them
The basic analysis is this: the best cryptos have three things in common: limited supply; high demand (because they solve a widespread problem); and top notch developers with high quality teams of geeks. Privacy is a plus but also a double-edged sword.
Buy $MGTI, because as Coinspeak said, every gold rush needs a shovel company.
You should invest in rare Dogepoo coins. I hear there are a very limited number of shapes and they are on the block chain. The upside is amazingly fantastical.
XMR-private transactions
XRP-financial
Still like the proxy plays…$ostk is the amazon of the group…going much higher ..somewhere out there will be a blockchain play this year that is still unknown…thats the one we need to find.
SALT does crypto loans loans and FACTOM has a deal with Dept of Defense.