How could u not like it? It was quite hilarious. U know the guy tried.OMG....I HATE the wulong song, watched it last night.....HORRIBLE....LOL
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Free registration at the forum removes this block.How could u not like it? It was quite hilarious. U know the guy tried.OMG....I HATE the wulong song, watched it last night.....HORRIBLE....LOL
If a meta exchange were to pop up, what sort of things would you want to see? What would make it valuable for you to use?
Basically it would combine the exchanges so that one could trade between exchanges. Not so much between coins, which you can do within certain exchanges.What's this? A trade any alt for any other alt exchange?
So this is basically what arbitrage traders do.Basically it would combine the exchanges so that one could trade between exchanges. Not so much between coins, which you can do within certain exchanges.
Basically it would combine the exchanges so that one could trade between exchanges. Not so much between coins, which you can do within certain exchanges.
Sorry my previous wording I now notice is kinda confusing lol. Hypothetically if someone were to do this it would be designed so that one would not have to sell one ALT for BTC in order to buy another ALT. It would combine everything based on current market value so that one can be directly traded out with another... or choose cash. If of course someone were to do this meta exchange thing.I don't understand You'll have to provide a use example.
Oh, so the killer app that will unlock value in all alts? I think this exits for some of the larger alts, but not for the hundreds of smaller ones. The thing is that the spread on some of these even on the same trading pair are wide depending on the exchange.Sorry my previous wording I now notice is kinda confusing lol. Hypothetically if someone were to do this it would be designed so that one would not have to sell one ALT for BTC in order to buy another ALT. It would combine everything based on current market value so that one can be directly traded out with another... or choose cash. If of course someone were to do this meta exchange thing.
You would want to limit trading pairs. Like for example, CryptoRush has BTC, LTC, POT, DGC, TTC, BEER, PAND, and what not as trading pairs, but if you look, typically the BTC is the only one with any real volume.Good point. Let's say an alt has to mature to a certain level in order to be considered for the exchange. Also to combat that you would have to call for the value of each alt like every second. Crazy!
So people generate buy/sell orders on the site? I have no idea. I'm on 15+ exchanges now holding coins; maybe I'm not the right person to ask about this.But let's say not only will it do this... it's an exchange within itself holding it's own value on each coin...
So no calling for values on other exchanges. Make sense?
My UNO's still at 0.32, and I only put 0.05 inI would like to talk about this Wolong guy......so I was enjoying a nice ride on UNO last night and he dumped. Not good ! The price went down pretty fast. I nearly lost my a$$, but managed to pull a decent profit. So why are people sticking up for this guy? Is this ethical?
Alright, just did a semi-comprehensive look at 92 coin holdings outside of Cryptsy. I tossed 4.65 BTC in, and currently the positions (as measured by the highest buy offer) are worth 3.71, so a loss of 20%. For any position that is worth less that 0.01 BTC, I'm going back and adding another 0.05 BTC into it. That's 16 positions, or about 20% of holdings.
Did you take profit on GlobalCoin today?
Alright, just did a semi-comprehensive look at 92 coin holdings outside of Cryptsy. I tossed 4.65 BTC in, and currently the positions (as measured by the highest buy offer) are worth 3.71, so a loss of 20%. For any position that is worth less that 0.01 BTC, I'm going back and adding another 0.05 BTC into it. That's 16 positions, or about 20% of holdings.
I'm holding for 1 year or more. I don't know which crypto is going to the moon, but along the way, the rest should rise enough to take care of any total losses. Otherwise, well, it was a gamble.I've found diversification is good to hedge against losses on other altcoins, but I only diversify into 5-6 coins max. It gets difficult to keep track of coins and work out which exchanges offer the best rates otherwise.
I recommend You guys start mining if You haven't done it yet. You can probably get a decent script miner under 3k. I started mining about 10 days ago with my 2,5k miner and I have made about 3 bitcoins so far (not just mining, trading also).
I have a friend who has 15 machines, he made more than 10k during the last 10 days...
I'm buying myself another miner tomorrow.
I'm currently mining PANDA, but I think I will soon switch back to MAX. I don't pay anything for electricity - I have utilities included in my office rent (same every month).Which altcoin are you mining now? I was mining LTC and FTC a long time ago on 7950s. ASICs for BTC didn't pan out for me as there were lots of scams, BFL included, but I got my money out from them via Paypal. How much do you pay for electricity per kWh?
I'm currently mining PANDA, but I think I will soon switch back to MAX. I don't pay anything for electricity - I have utilities included in my office rent (same every month).
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