Blue Swirl wrote:Minnesänger wrote:Everyone is just Diamond Handsing super hard.
... wanking?
RedDave2 wrote:The ... "art" in that articles main photo makes me hate humanity.
We should start a club.
Dark Soldier wrote:Shartcoin
nick_md wrote:I'm gonna start using The Blockchain Defence for every argument now.
"Why are you late to work?"
I think you'll find blockchain is being used by many many corporations and clearly has extremely interesting use cases.
"Why did you shit in this kettle?"
Blockchain is here to stay, I think you'll find.
Dinostar77 wrote:Yossarian wrote:Dino, genuine question here: you’ve been talking about investing in crypto, but also about crypto not necessarily equalling currency and the things that can be done with the underlying tech. So if your investments aren’t currency speculation but are investments in blockchain tech, what are these investments you’re making? Are you buying shares in companies working with blockchain tech? Is there some blockchain based investment system in companies working with this tech?
You don't buy shares in the company like in the stock market, you buy tokens that represent the company in question. For example take a company called QUANTSTAMP (QSP). If after you've done your due diligence and like what they are about, (QSP are about auditing smart contracts). You decide you want to invest, you have a look at their total supply of tokens. In this case it's 999,000,000. The market capitalization of QSP is £111,000,000 which (this is an example btw) makes each token worth 0.18p I decide to buy £10 worth which will give me 50 odd tokens. That's my investment in that company.
Now as gonz has pointed out on more than one occasion, this investment isn't backed by any financial authority. In the future it will be when this scene is regulated.
So what's to stop QSP doing a runner with a load of people's money? At the moment nothing. But if you do your due dillegence on companies you can start to workout legit companies from the dodgy ones.
I have been very careful, as this whole area is unregulated, not to spend too much money in it.
The investments I've been making are best explained by what my portfolio looks like. All the companies I mention can be found on coinmarketcap.com website.
I have "tokens" in the following: (all of these companies below, none of them are offering currency as a product).
Supply chain related companies: vechain, wabi.
Shipping and logistics: shipchain
Gaming: enjin
Identity: civic, tierion
Auditing: quantstamp
Protocol: 0x
Blockchain: neo, qtum, etherum
Third world banking: omisego
Now I've read the whitepapers for these companies, read the road maps, looked at who the individuals are who make up the company. Joined their twitter feeds, telegram groups etc. Basically done my due dillegence. I like what these guys are developing in this space.
If in the next few years one or two of these do really well then the price will go up and yeh I'll make some profit. However many of my picks are long term picks. If I was in for a quick buck then I would have a completely different portfolio.
I hope that makes sense yoss, if not I'll try to explain it again.
Quantstamp’s mission is to secure the decentralized internet, and has protected over $200B in digital asset risk from hackers. More than 250 startups, foundations and enterprises work with Quantstamp to keep their innovative products safe, including eToro, Beeple and Marcelo Bielsa.
Armitage_Shankburn wrote:Dinostar77 wrote:@legal any thoughts on paypie(ppp), populus(ppt) and omiseGo (omg).
What's the update on these shitcoins?
GooberTheHat wrote:
First one I looked at.
The next three weren't tracked.
Then this:
Then I got bored.
o/nick_md wrote:I just save what I can of the money I make from my job and hope I put away enough to be ok in the future.
Unlikely wrote:The sooner the entire crypto market shits its own face off and disappears the better.
nick_md wrote:I just save what I can of the money I make from my job and hope I put away enough to be ok in the future.
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