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Showing 5 of 5 results by kampesino
Re: The European Parliament called for speeding up the integration of blockchain
Whatever they do, it's going to be a very slow process. And some of those commissions (maybe even most) don't have tech people in them...
Granted, economists - which they do have - are very useful to get how the whole thing is working, but I think someone from those institutions has to be able to look under the hood and understand what's going on at some point.
Plus, so far, tech experts are not correctly incentivised in the public sector : why would they work cheaply for dinosaurs when they can sell their skills at a high price to promising Fintech startups ?
Granted, economists - which they do have - are very useful to get how the whole thing is working, but I think someone from those institutions has to be able to look under the hood and understand what's going on at some point.
Plus, so far, tech experts are not correctly incentivised in the public sector : why would they work cheaply for dinosaurs when they can sell their skills at a high price to promising Fintech startups ?
Just stay away from that project. It's just a speculative one, nothing else. Open up Etherdelta and check trade history. Its price was 0.03 ETH and now it's 0.006 ETH. Can you believe this?
Owners are manipulating the price. Don't fool yourselves please and see this. And remember that ico price was 0.0005 ETH.
You have literally no idea where you talking about, yes it crashed and is that weird? No logical that some ppl/whales want to take profit with 10-30x ico price.
Furthermore, ico didnt happen cause pre sale sold out, and price was 0.011
Read the whitepaper and check the team, it is a great project and unique. But haters will hate, I dont mind I believe
I did read the white paper, front to back, and I wouldn't say it's clarifying anything, especially the very confusing token usage diagram...
PS: I do work with invoice finance specialists, they don't get it either !
DYDX is a protocol, built on 0x and Ethereum, for creating, issuing and trading financial derivatives for any ERC20 token. Using off-chain order books and on-chain settlements, it allows an efficient, global and trustless means for trading short sells, long positions and options via a centralized UI relay. It is led by Antonio Juliano, formerly of Coinbase and Uber, and has so far received funding from Andreessen Horowitz, Kindred+ Ventures, Abstract Ventures, 1c and Polychain Capital.
Killer project, I love it. Very reliable, very creative, live support works a charm.
Ok, maybe I'm biased: I shorted ether just before it crashed !
But still. Very serious thing, we might see more crypto-derivatives like that in the future.
Funny, what my old (80+) man said to me, while I was trying to explain to him what was happening, as I was oggling Coinigy. See, I had to start all the way back to what cryptocurrencies are, but he said:
"Doesn't matter, son: never sell when it's falling, never buy when it's climbing". Hehe, I wouldn't dare to disobey, would I ? So: buy and hodl !
PS: On second thought, I think he still has some of those 1917 Russian bonds...Hm.
"Doesn't matter, son: never sell when it's falling, never buy when it's climbing". Hehe, I wouldn't dare to disobey, would I ? So: buy and hodl !
PS: On second thought, I think he still has some of those 1917 Russian bonds...Hm.
Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price?
Actually, some people wrote books about their investing tactics, such as this one: https://www.amazon.com/Altcoin-Traders-Handbook-Nik-Patel/dp/198617011X
Pretty interesting read, especially since the author does not only focus on technical analysis, like any good ol' trader, but also on fundamental analysis: usefulness of the coin, strength of the community around it, team personality, etc. In short, what makes crypto so interesting for us, much more so than traditional markets. No idea if his technique works, though, but it clearly shows you that investing in crypto is a full-time job if you're serious about it.
Also interesting, especially if you think the market is gonna dive or rise: the good folks at dydx (https://dydx.exchange/) created "short tokens" and "leveraged tokens". It's margin trading with crypto (only ether for now), but I like their idea of rolling up short or long positions into time-limited tokens. Pretty creative, in my opinion. Plus, you have to put quite some tokens as collateral, so this prevents hotheads from doing terrible things.
Full disclaimer: I don't own any of these derivative tokens, and I always sucked at speculating, gambling, betting, etc. As Daniel Jeffries once wrote in a hackernoon article: "Trading with leverage in the cryptos is like juggling Cobras. Dont fucking do it if youre not a professional trader."
I take his advice very seriously !
Pretty interesting read, especially since the author does not only focus on technical analysis, like any good ol' trader, but also on fundamental analysis: usefulness of the coin, strength of the community around it, team personality, etc. In short, what makes crypto so interesting for us, much more so than traditional markets. No idea if his technique works, though, but it clearly shows you that investing in crypto is a full-time job if you're serious about it.
Also interesting, especially if you think the market is gonna dive or rise: the good folks at dydx (https://dydx.exchange/) created "short tokens" and "leveraged tokens". It's margin trading with crypto (only ether for now), but I like their idea of rolling up short or long positions into time-limited tokens. Pretty creative, in my opinion. Plus, you have to put quite some tokens as collateral, so this prevents hotheads from doing terrible things.
Full disclaimer: I don't own any of these derivative tokens, and I always sucked at speculating, gambling, betting, etc. As Daniel Jeffries once wrote in a hackernoon article: "Trading with leverage in the cryptos is like juggling Cobras. Dont fucking do it if youre not a professional trader."
I take his advice very seriously !