Search content
Sort by

Showing 20 of 50 results by MonkeyBrain
Post
Topic
Board Bitcoin Discussion
Re: Paper wallet?
by
MonkeyBrain
on 17/03/2018, 00:56:53 UTC
First thing is you should have a public address when you created your wallet.  The public address is basically your account number and the private key is what opens it, so you need to keep the private key to yourself. Secondly you can only send bitcoins to bitcoin wallets, and ethereum to ethereum wallets, etc. So don't mix the wallets (except ERC-20 tokens, which will go into ETH wallet). So USD to USD wallet in coinbase, Bitcoin to Bitcoin wallet in coinbase, ETH to ETH wallet in coinbase, etc.  Never ever send a different type of coin to a different type of wallet, you will most likely lose it forever!

With Coinbase, you transfer USD from your bank account/credit card to your USD wallet in Coinbase.  From there you can purchase, BTC, ETH, LTC, BCH. Once you have these you can transfer them to your personal wallet of the same type if you wish.  To buy Altcoins, you'll need to transfer one of the four coins mentioned to an exchange such as Binance, Bitterex, Kucoin, etc.  (recommend ETH). In these exchanges you can trade the coins for other altcoins.  The exchange trade in pairs.( example, if you tranfer ETH to binance, and you want to buy NEO, you choose the ETH/NEO pair.) Good Luck I hope this helps.
Post
Topic
Board Altcoin Discussion
Re: Most creative solutions for 2018
by
MonkeyBrain
on 17/03/2018, 00:40:00 UTC
Ternio is one I've been looking into. Its solves problems currently plaquing the advertising industry. Has a great deal of followers.  The team is smart, hard working, very knowledgeable and currently traveling to India, Hong Kong, Dubai, etc. and making big deals.  Featured in numerous magazine. Definitely worth looking into.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] Lightcash.io ICO - Exchange System & Crypto Coin Secured by Gold
by
MonkeyBrain
on 09/03/2018, 20:28:49 UTC
sound interesting. 
Post
Topic
Board Altcoin Discussion
Re: What is the maximum number of different cryptocurrencies we should invest in?
by
MonkeyBrain
on 05/03/2018, 20:49:16 UTC
My personal strategy is to diversify into 20 coins.  Within those 20 coins, I choose a variety (value, platform, storage, payment systems, etc.)  I do this because at this early stage everything is still pretty much in development stage and no one really knows which ones will succeed or fail.  This covers a broad area so I don't have FOMO.  I might invest heavier in a few projects I believe in or understand better.  With so many coins and projects out there investing in just a few coins make one seem like a prophet or maybe they just have balls.
Post
Topic
Board Speculation (Altcoins)
Re: Should i buy ethereum with all of my money ?
by
MonkeyBrain
on 23/02/2018, 18:51:54 UTC
with the decision as investors to work on trading to put of limit with the distribution of funds as requesting order of new position, gives as fairs with the focus as might with the expends to returns as the less on length as capturing trends,
as those with the different option on aggregate behavior of trader to put with decision of action as referring of consequence with the drawing of short numbers on length, to confronts with the one on conclusion as appealing officials release of company/developer strategics as returns with the schemes of anchoring tasks with the chart evaluation.

Lol. Best BS answer.  Thanks for putting in the work to make me laugh. Cheesy
Post
Topic
Board Altcoin Discussion
Re: wtf does [ANN] mean
by
MonkeyBrain
on 19/02/2018, 04:42:47 UTC
Lol. Didn't even pay attention.  Thought it was a person named Ann.  Thanks for the info Grin
Post
Topic
Board Altcoin Discussion
Kucoin best coin to buy or am I missing something?
by
MonkeyBrain
on 17/02/2018, 03:42:21 UTC
Ok guys, so I bought some KuCoins recently because they pay you a bonus if you own the coin.  That part I'm clear about.  What's interesting that I didn't know about is that I also seem to earn dividends on every coin listed on the exchange as well.  So now I own KuCoins as well as all these other coins.  They're small amounts for now since I don't have a lot of KuCoins but If I owned more I would get more dividends.  If this is indeed true why don't more people own more KuCoins.  I'm hoping someone can confirm that this is true since it seems too good to be true.  Am I missing something here? Thanks.
Post
Topic
Board Bounties (Altcoins)
Re: ⭐️[Airdrop] SIGLO - Future of Mobile Connectivity.JOIN TELEGRAM,EARN REWARD⭐️
by
MonkeyBrain
on 11/02/2018, 17:55:04 UTC
Bitcointalk Username : MonkeyBrain
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile
Post
Topic
Board Altcoin Discussion
Re: Why Jesus Coin will be Nr 1 by the end of the year
by
MonkeyBrain
on 09/02/2018, 16:56:02 UTC
Wow, funny coin.  Looked it up and considered buying it, but looking at the charts, PEOPLE ARE LOSING FAITH.  It's just going down.  Will keep an eye on it in case Faith returns.  If bitcoin goes to hell, I think people will turn to Jesus coin as their salvation. In good times people forget about religion is bad times that's all they look to.
Post
Topic
Board Serious discussion
Re: What platform for vpn services?
by
MonkeyBrain
on 09/02/2018, 16:20:49 UTC
I think what you are doing is riding a fine line between legal and illegal and it's not worth it. Even if you are getting free internet, you are essentially becoming a reseller by sharing your internet with various unknown people. How would you even report your income from this. I'm no lawyer or computer genius and I don't even know what I'm talking about most of the time. What I do know is this sounds kinda shady and risky in multiple ways. Go find some other way of making a few bucks that's simpler to wrap your head around. I mean no disrespect by these comments just putting in my two cents. Food for thought.
Post
Topic
Board Altcoin Discussion
Re: Chinese New Year?
by
MonkeyBrain
on 05/02/2018, 18:30:32 UTC
Looks like they sold before the New Year and now they can't get back in because of the crack down on cryptos in China.  I think our trip to the moon is gonna fall short and we'll end up floating in space for a while.  Go figure, nothing follows a pattern indefinitely. Huh
Post
Topic
Board Altcoin Discussion
Re: Have faith in Bitcoin. The internet had the same resistance in the 90's
by
MonkeyBrain
on 03/02/2018, 04:37:39 UTC
you're right. That was the idea I was trying to get across. Grin
Post
Topic
Board Altcoin Discussion
Have faith in Bitcoin. The internet had the same resistance in the 90's
by
MonkeyBrain
on 03/02/2018, 04:16:50 UTC
These were things being said when the internet first started out.  It's the same thing being said about Bitcoin and Cryptocurrencies.  Have faith, you'll be rewarded.  Found these on an article here if you want to read more. https://www.vox.com/2014/6/30/5839436/marc-andreessen-on-bitcoin

-It's for nerds. "Fine, you nerds can do what you want but normal people are never going to use this thing."

-It's completely decentralized, which means you can't trust it. No business is ever going to do anything on it because businesses won't work on an untrusted environment. There
 won't ever be any e-commerce.

-There will never be any internet payments. No one will put their credit card on the internet.

-It's an open-source kind of thing so there will be no Internet companies.

-It's got all these technical deficiencies. It's slow. It's unreliable. It doesn't work right. When you do a search, sometimes you get an answer back and sometimes you don't.

-Sometimes when you dial in you get a busy signal.

-What happen if your ISP goes out of business? Then you can't get back online.

-Once you get on the internet, even assuming you get on the internet, there's nothing to do. There's no content. Time magazine isn't online, the New York Times isn't online. It's just a bunch of nerd stuff.
Post
Topic
Board Altcoin Discussion
Re: Instagram bans ICO and crypto ads
by
MonkeyBrain
on 02/02/2018, 14:27:19 UTC
Hate to be the voice of reason here but most of you guys are just a bunch of clueless whiners. The Banning of ICO ads is actually a good thing.  They are trying to help the average person out there who has no clue about ryptocurrency and just getting sucked in by all the countless hype brought on by these ads.  They are not trying to stop cryptocurrency they are just saving most of your asses. By banning ads it quiets the noise so real investors can properly do their due diligence. The bigger the hype the bigger the crash.

Also anyone with half a brain can find dozens of sites listing every ICO with all the information regarding them.  Real investors don't jump ship the moment things go south.  The major correction we are facing now is because of all these weak hands who are all about they hype. Facebook is not censoring crypto, they are just banning ads okay. Calm down, I need quiet time to analyze the current market opportunity. Tongue
Post
Topic
Board Altcoin Discussion
What exactly am I investing in when I buy a coin.
by
MonkeyBrain
on 29/01/2018, 16:03:09 UTC
So I've been buying ETH, BITCOIN, NEO and a bunch of other coins for an investment in case the coins go up in price.  My question is this.  What exactly am I buying?  In many of these coins I'm not actually buying a currency, and I'm also not investing in a company where I get shares.  In fact, if I move my ETH around, I burn gas which burns my ETH.  If I continuously do this I could end with the 0 ETH. So is there any true value in these coins other than making money when you buy low and sell high?
Post
Topic
Board Altcoin Discussion
Re: What do you do when you are over 50% lose on your trades?
by
MonkeyBrain
on 26/01/2018, 22:14:38 UTC
just forget about the coins and hold until they hit back your price, focus on other coins and ico and do other stuffs.

I would add - buy the dips. Once you get paid from job or w/e.
I agree. If you believe in the coins, buy on the dips and lower your average buy price.  Then when it rises, you'll be in the green much faster and calm your nerves.  Again only buy the dips if you like the coins. Don't blindly buy on the dips or you'll end up with bigger loses. This is your chance to DYOR if you didn't before since you got no more money to buy. I practrice what I preach by the way  Grin . Good Luck
Post
Topic
Board Meta
Re: Merit & new rank requirements
by
MonkeyBrain
on 25/01/2018, 17:06:09 UTC
Interesting idea. So this merit system is similar to a social media like correct?

I like the idea because it will make it harder for individuals to farm and sell accounts.

Now they sell not only accounts, but merrits as well

Exactly. They just upped their price tag and kept the competition out.
Post
Topic
Board Meta
Re: How Do You Feel About This New System??
by
MonkeyBrain
on 25/01/2018, 17:04:08 UTC
I don't like how the merit system is currently implemented.  It's setup for abuse of power. Perhaps a different kind of merit system, but not as it currently stands.
Post
Topic
Board Meta
Re: Merit & new rank requirements
by
MonkeyBrain
on 25/01/2018, 16:25:30 UTC
I want a Bitcointalk fork.  Angry
84 activities and you are still Junior Member. I know your feelings right now.

It's not even about me but about honesty and fairness. A couple of members are given the privilege to abuse other members and even get rewarded for it. And now it is decided to even expand that abusive privilege and power. This is not right for a forum with the status that Bitcointalk has in the crypto-industry. Angry
Not to mention if demerits are implemented what's to stop some senior member to simply demerit someone because they disagree with a post or what is being said.
Post
Topic
Board Meta
Re: Merit & new rank requirements
by
MonkeyBrain
on 25/01/2018, 16:05:51 UTC
As a long time SEO professional I see this system very much similar to PageRank, and it will have a number of benefits and pitfalls of the PageRank system.

The benefits are obvious and great, it will reduce spamming by requiring additional tasks.

Now going to the potential pitfalls -
1) Merit farming on paid sites. Some members have suggested banning/penalizing members purchasing this. The problem here however is the same as negative SEO - how do you prove someone bought it? And if people receive merit from a "paid source" and get banned for it, you could then buy paid merit for people you don't like to get them banned or penalized.

2) Reciprocal merit telegram groups. To make it less obvious there could be "merit chains" of 3 people or more.

3) Alt-chain merit giving. Once 10 alt accounts or so have enough merit, they could now use their monthly allowance to instantly pass the merit requirements on their new alt accounts. This would make identifying alts easier of course and is easily solvable by a rule that would disallow this. But since alt accounts are allowed according to the forum rules, it waits to be seen what the admins point of view will be regarding this.

Point 1) and 3) are easily solved by retroactively removing merit given from an identified corrupt merit-giving account, and also removing all sMerit capability from the corrupt account (+other penalty maybe?).

Point 2) will be very, very difficult to combat.

The overall problem here is that professional spammers will utilize their network of spammers and finances to circumvent the merit system, whereas non-professional spammers will be stopped in their tracks. This is kind of like a central power monopolizing corruption to only the most professional corrupt bodies (kind of like the extensive licensing needed for a bank or casino where only the best malicious actors can thrive: ie highly organized crime syndicates, or corruptly-networked individuals that can crash the financial system with crappy equity-baskets with AAA ratings).

At the end of the day it's very unlikely any automated system can overcome the spam. However as an overall I think the merit system is nevertheless good since at least it adds an additional barrier to overcome for spammers. I like and prefer however where trusted community members can simply give red trust to obvious spammers, thus preventing them from meeting the requirements for signature campaigns. It will be good to see both of these systems acting as deterrence against spam together.

PS: Awarding default merit to all existing members is a problem I think. There's already tonnes of farmed hero/legendary accounts that will have huge amounts of monthly sMerit.. permanently. My idea: Make this "free" initial merit expire after 1 year. That gives all members 1 year to make enough quality posts to retain their ranking.

You make complete sense.  I definitely agree. Particularly making initial "free" merits expire to level the playing field so that spammers who got in early don't get a free pass for life.