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Showing 20 of 33 results by WyattS
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Topic
Board Announcements (Altcoins)
Re: * FuturexCryptoCoin ICO AnnounCement *
by
WyattS
on 21/11/2017, 19:15:38 UTC
When you "guaranty" a profit, then it must be a legit coin...

Post
Topic
Board Speculation
Re: Btc: hodl or invest?
by
WyattS
on 20/11/2017, 16:19:49 UTC
Is it better to hodl
 btc or invest it in other crypto like bitcoingold or bitcoincash or bit connect and others? Where will you profit more?

You will always profit more where there is more risk.  Then again, you'll normally lose more where there is more risk as well.  As such, you need to create your own risk tolerance profile and invest accordingly. 
Post
Topic
Board Announcements (Altcoins)
Re: MCAFEE COIN unmoderated speculation thread
by
WyattS
on 18/11/2017, 15:51:40 UTC
So McAfee plans to cash in on the ICO sector? The fund raiser cap is quite large

If regulations aren't an issue and it captures some market share it'd be interesting to see where this goes

So far their pre-ICO is doing a full KYC test.  They seem to be refunding anyone who doesn't pass the KYC.  I'd say that, of all the ICOs, this one is playing it very safe.

Post
Topic
Board Mining support
Re: What are needed for mining?
by
WyattS
on 16/11/2017, 14:14:51 UTC
I'm afraid that mining is not recommended for you with little knowledge about mining, you should only engage in mining when you are well informed.

Mining isn't rocket science, so I don't really agree.  In fact, the point of mining is that anyone can and everyone should do it to split the load around.  I would, however, advise against mining bitcoin without significant investment (and therefore knowledge).  Start with mining a crypto that uses your GPU.  

Ethpool has an FAQ (http://ethpool.org/faq) to help you get started.  That and a quick google search will net you plenty of people telling you how to do it.  PS.  If you want to discuss altcoin mining further, start a thread here https://bitcointalk.org/index.php?board=67.0.
Post
Topic
Board Altcoin Discussion
Re: What is Airdrop?
by
WyattS
on 15/11/2017, 23:02:07 UTC
If you see the words "airdrop", run.  It's always a scam.  And when it's not, it's still a scam.

Post
Topic
Board Exchanges
Re: Kraken Two-Factor Authentication---How to?
by
WyattS
on 14/11/2017, 15:44:31 UTC

I wouldn't recomment you to use Google Authenticator, since you can't easily backup your accounts with it and it's not tied to yur gmail account. So if you lose your phone, your 2FA accounts are gone if you haven't saved the secret code. I suggest you to use a open source app like andOTP (the one I'm using) that allows you to create a backup of your 2FA accounts.

Basically, when you want to login to your account, you will need to get your 2FA code from your phone and use it as an "additional password" (which is always different from time to time and it's only valid for one login session). This makes it very hard to lose your account to hackers, since they would need to breach your PC and phone at the same time.

+1 great advice!  I've been wondering about that.
Post
Topic
Board Mining (Altcoins)
Re: Rig
by
WyattS
on 14/11/2017, 03:57:49 UTC
Yeah, that's fine.  I run both without a problem.
Post
Topic
Board Beginners & Help
Re: Activity >30?
by
WyattS
on 14/11/2017, 03:56:00 UTC
The activity number is determined in this way:
time = number of two-week periods in which you've posted since your registration
activity = min(time * 14, posts)

1 X 14 = 14
2 X 14 = 28
3 X 14 = 42     ( jr member) 30days-42days
4 X 14 = 56
5 X 14 = 70     (member) 60days -70days
6 X 14 = 84
7 X 14 = 98
8 X 14 = 112
9 X 14 = 126   (full member) 120days-126days
10 X 14 = 140
11 X 14 = 154
12 X 14 = 168
13 X 14 = 182
14 X 14 = 196
15 X 14 = 210
16 X 14 = 224
17 X 14 = 238
18 X 14 = 252 (Senior Member) 252days

You may refer on these links below.

https://docs.google.com/spreadsheets/d/12saLhlUoqIdairxzuSPu6EYGrt7FN2lOstO1yDjCEbA/edit#gid=1012758442

https://bitcointalk.org/index.php?topic=582736.0


The moment a 2 post newbie schools you on the rules of the board.   Shocked

Well done CryptoAssasin
Post
Topic
Board Beginners & Help
Re: Advice to a crypto newbie
by
WyattS
on 13/11/2017, 23:25:42 UTC
You'll get 1000 different opinions from 1000 people.  And who knows which opinion to take since this is a mostly anonymous forum?  My advice is to go learn everything you can, and start small.  Keep learning and don't stop.
Post
Topic
Board Altcoin Discussion
Re: Can I create a coin using Bitcoin, or am I stuck with Ethereum?
by
WyattS
on 13/11/2017, 15:06:37 UTC
I don't want to make a coin personally. I'll get others to do the techie stuff. (I do website programming, marketing, business end stuff).

But from my research, and my project, it would be of great great benefit to create a token off the back of bitcoin as opposed to Ethereum. Thus, my question and also if anyone knows of a sidechain to the bitcoin  that permits this.

I'd say that your research, and by association, project, are flawed.

1.  If you do "website programming", then you'd know javascript, and therefore be easily acquainted with Solidity.
2.  Ethereum has a very solid platform to run tokens off of (they're called tokens, not coins, fwiw).
3.  Many ICOs accept bitcoin for tokens using a dapp to process the purchase.
4.  Exchanging BTC for ETH is easy.  Really no use for excluding one for another.

All that said, maybe you're looking for http://www.rsk.co/ ?

Edit:  Looks like Red-Apple already said it above.
Post
Topic
Board Mining (Altcoins)
Re: What do you think the chances of larger agencies corrupting crytocurrencies
by
WyattS
on 13/11/2017, 14:29:45 UTC
Best fear based attack on BTC that I've heard about is if the great firewall of China decided to block miners connecting to each other.  If they did this, then BTC would run two chains, one in China and one in the rest of the world.  It'd cause a split and really confuse the value.  Then, they could cause even more harm by reopening the firewall and watching the chains attempt to reconcile.

That said, it's all fear based talk.  Lots of work has gone into these and creating a 51% attack is not cheap or easy.  Which is the point.
Post
Topic
Board Beginners & Help
Re: Bitcoing limit
by
WyattS
on 13/11/2017, 14:25:02 UTC


The only reason any currency has real value is because a community of people believe that it does. Fortunately for Bitcoin, when the value gets too high no entity can say "let's print some more!"

Unless you start a fork  Shocked
Post
Topic
Board Altcoin Discussion
Re: iPhone-app that handles ERC20 Tokens
by
WyattS
on 13/11/2017, 14:23:09 UTC
status.im aims to support dapps that would support ERC-20s, I believe.  They're in alpha.
Post
Topic
Board Altcoin Discussion
Re: 100K in 5 alt coins
by
WyattS
on 13/11/2017, 14:18:52 UTC
All for the long term -

1. BTC - 40K
2. ETH - 30K
3. LTC - 10K
4. XMR - 10K
5. NEO - 10K

+1.  Good risk, not crazy, with a mostly stable 70%.  Nice.
Post
Topic
Board Altcoin Discussion
Re: Ethereum Buying
by
WyattS
on 13/11/2017, 14:12:57 UTC
Heh, yeah, so you're a Jr. Member on a random bitcoin forum, but you can't figure out how to buy ETH?  I'm feeling a trolling here.
Post
Topic
Board Project Development
Re: Million Bitcoin Project
by
WyattS
on 10/11/2017, 15:45:03 UTC
I'm sorry, I must be missing something.  What is the vision and goal of this project?  I don't see any reason other than to give you a million BTC.
Post
Topic
Board Mining (Altcoins)
Re: Cheapest way to transfer funds from Kraken to Bittrex?
by
WyattS
on 10/11/2017, 14:42:51 UTC
Cheapest?  Some altcoin that they both have.  ETC maybe? 

Easiest and still very cheap?  ETH.  Should cost you whatever kraken charges for withdraws, and that's it.

https://support.kraken.com/hc/en-us/articles/201893608-What-are-the-withdrawal-fees-

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Topic
Board Meta
Re: WHAT ARE THE BENEFITS TO LEVELLING UP WITHOUT SPAMMING?!
by
WyattS
on 10/11/2017, 14:35:59 UTC
One of the tests I use for ICOs is to see who posted it and what they did to get their member status.  For instance, it looks like you joined in August and decided to start with useless responses on the Blocklancer ICO.  It's nice to be able to see their history if you want to vet their responses.

That is a pretty good test actually..I'll start doing that too..
In my defense, I got to know about bitcointalk.org thanks to clicking on the blocklancer ICO link somewhere. They wanted you to post on BCT some code to tell them that you are in..Invested my first few ETH in that.
Have that to thank them for getting me onto bitcointalk if nothing else really..


Hah, well, you're not posting an ICO yet, so I was more trolling than really critiquing your starts Smiley

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Topic
Board Meta
Re: WHAT ARE THE BENEFITS TO LEVELLING UP WITHOUT SPAMMING?!
by
WyattS
on 10/11/2017, 03:31:26 UTC
One of the tests I use for ICOs is to see who posted it and what they did to get their member status.  For instance, it looks like you joined in August and decided to start with useless responses on the Blocklancer ICO.  It's nice to be able to see their history if you want to vet their responses.
Post
Topic
Board Beginners & Help
Re: Strategy for a newbie in this time of uncertainty
by
WyattS
on 10/11/2017, 02:40:10 UTC
If you're interested in a long-term strategy, I'd suggest you a very simple conservative strategy:

1. Split your investment into top10 coins by market cap. You get lower risk and average profit.
2. Rebalance your portfolio once in a month.
3. Enjoy


This strategy works if you believe that the entire crypto market will go up.  Considering that, what, 100k new coinbase users signed in a single day at one point, then maybe that's not a bad idea.