rifflemao
Pugs Not Drugs
Silver Level
Though not in the USA, Binance is awesome.
Though not in the USA, Binance is awesome.
dj11
Legend
Silver Level
You might try gdax.com. Gdax is associated with Coinbase in a way that when you bring up gdax, it will find your Coinbase wallet. It has a published fee structure that looks to be much more favorable 'fee wise'.
I am a little short of being able to transfer my Coinbase account to gdax, but as soon as I can.
dj11
Legend
Silver Level
Support is not happening, and the coins are not looking good. I just moved my entire wallet to a poker site. At least it will hold steady.
I sort of blame the mindset that hodls. Without a robust circulation, all currencies are worth little less than pretty stones. It seems too many are thinking that they can get rich via alt coins.
Most of us missed that boat.
I sort of blame the mindset that hodls. Without a robust circulation, all currencies are worth little less than pretty stones. It seems too many are thinking that they can get rich via alt coins.
Most of us missed that boat.
S
skaterick
Legend
Loyaler
The poker sites love transfers using crypto currencies . They can avoid using banks , credit cards and checks which might be an information source for governments seeking tax revenue . Poker players , sports betters and online casino gamblers may also want any potential winnings unnoticed .
rifflemao
Pugs Not Drugs
Silver Level
Support is not happening, and the coins are not looking good. I just moved my entire wallet to a poker site. At least it will hold steady.
I sort of blame the mindset that hodls. Without a robust circulation, all currencies are worth little less than pretty stones. It seems too many are thinking that they can get rich via alt coins.
Most of us missed that boat.
The proof of stake algorithms that some cryptos are moving toward incentivize hodling. Some may have a minimum stake requirement, but others like ada may not, so that you don't have to own a large stake to participate. There are plenty of other arguments in favor of hodling, but those might appear thin given the current circumstances. There are also many factors contributing this downswing, however greed was clearly a factor in the bull run.
I won't be panic-selling, even for a small overall profit, so I'm with Moots and hodling. Many of the coins I'm in are long-term projects, so I'm sticking it out for better or worse. I have to admit though...I wish I had cashed out the principal on most of them (especially TRX) around Jan 5, so I could be freerolling now instead of sticking my head in the sand.
moots
Min-cash specialist
Loyaler
New crypto-investors who bought BTC when it was 15k and above are never going to invest in anything crypto related again.
I'm sure all the founders and early big investors are in dumping mode. Ripple is under 90 cents
This might be the end :flybye:I haven't logged into bittrex in the last 2 weeks and probably won't anytime soon
K
kozong
Legend
Bronze Level
BTC might go back to 10-11K, but for now it seems like it will try to hit 7 or maybe 6k first
A
adueno81
Rock Star
Silver Level
thanks for the confidence.
I think im gonna sell soon if thats true. I really wanted to wait a year to sell thou so i wouldnt be taxed as much.
Poker Orifice
FoolsTilt
Platinum Level
My first Bitcoin!
I see you're getting in on the ground floor.
E
ekgbeat
Legend
Bronze Level
How could we get a mod to move it?
BelgoSuisse
Legend
Silver Level
We don’t have a “scams and bubbles” forum. Where do you suggest they move it?
rifflemao
Pugs Not Drugs
Silver Level
We could ask nicely.
Dearest mods, will you please consider moving this thread back to the Player’s Lounge? It was a good catch-all for the crypto threads that are still popping up there, and was really about much more than deposits and withdrawals from poker sites.Please oh please???
rifflemao
Pugs Not Drugs
Silver Level
Poker had its share of controversy a few years ago too, you know.
BelgoSuisse
Legend
Silver Level
Poker has a use. It’s entertaining
Crypto currencies are entirely useless at this point.
rifflemao
Pugs Not Drugs
Silver Level
There are many use-cases for cryptocurrency. For example, money laundering. #micdrop
E
ekgbeat
Legend
Bronze Level
Haha, nice photo. Very reflective of your comments here
We could ask nicely.
Please oh please???
+1 Thanks!
BelgoSuisse
Legend
Silver Level
Money laundering for sure.
The thing is, there is no way crypto will ever get cheaper than a centralised solution for money transfers. So the only economically valid applications are those where centralised solutions are not an option, which means illegal trades.
I guess you can make the case that some trades should not be illegal. In some cases I do agree and then cryptos do serve a social good, but meh.
rifflemao
Pugs Not Drugs
Silver Level
Are you sure?
https://www.stellar.org/how-it-works/stellar-basics/explainers/
https://www.stellar.org/how-it-works/use-cases/
This is talking about the Stellar platform, not specifically Stellar Lumens (XLM) the cryptocurrency. But by "crypto" I assumed you meant the underlying decentralized blockchain tech. You could argue that the Stellar platform might compete with SWIFT for money transfers, but the cryptocurrency itself might be worthless (people say that of Lumen's crypto-cousin Ripple).
If you were mostly thinking about Bitcoin and other cryptos and their networks that use a proof-of-work algorithm, and have ridiculous fees, then I would agree for now.
dj11
Legend
Silver Level
This may be the first, and probably only remark you have made that I disagree with.
In the last week, I have used BTC for a real purpose. I withdrew from one Poker site and deposited at a different site. I filled my wallet with a withdrawal from a site, then depleted that wallet with a deposit, I am 'altcoinless' for the time being. I hope to have the opportunity to do that same thing again. I am in the US, and normal withdrawals from any site have been major PITA's since BF. So in this case BTC was very useful, and actually mitigated some of those PITA problems.
So you just have to change your thinking from 'entirely' useless, to mostly useless.
All the altcoins are too cumbersome to be used as a quick currency. It just isn't gonna replace local cash for a coffee, or at the supermarket. Converting altcoins to local cash, is too slow.
As an investment medium, I think tulips have as much allure as altcoins.
Or even better, pretty, shiny, colored rocks. They would have value after the crash as a garden medium.
I still blame the hodl mindset as the biggest problem altcoins have. With a robust circulation, there is no reason for altcoins, other than the shady side of things.
Second biggest problem is the government involvement. That involvement is telling we, the people, what we can spend our money on. About all they have to do to severely cripple the altcoin world is to publicly announce they are greatly relaxing those financial transaction laws. And with the orange fool in charge, that could easily happen.