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Showing 20 of 32 results by wittaz
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Topic
Board Beginners & Help
Huge difference in ETH, BTC and fiat pair.
by
wittaz
on 10/09/2018, 17:37:51 UTC
I wanna buy some CPChain (CPC) but I'm looking at https://www.livecoinwatch.com/price/CPChain-CPC
And I notice the huge difference in ETH, BTC and fiat pair.

Why is this? ETH has a +70% change in the last 30 days.
While BTC and usd only have about a +4% change.

Here is the image: http://imgur.com/a/gQGLzw4

Now, another "problem"... I bought some ETH at $260. (Thought I bought the bottom😂) so now that's a lot less worth...
The ETH value of CPC keeps going up, while USD keeps going down. Do I buy now before eth value goes up again or what ? I'm confused. I have no idea what to do!


Post
Topic
Board Altcoin Discussion
Re: If you would have 2 BTC, what would you spend it on?
by
wittaz
on 13/02/2018, 21:09:24 UTC
I would not spend it anywhere. Not now at least. Instead, I would buy even more BTC and HODL.
You expect the market to go down more?
Post
Topic
Board Altcoin Discussion
If you would have 2 BTC, what would you spend it on?
by
wittaz
on 13/02/2018, 07:12:05 UTC
I'm currently looking to spend a few more bucks in altcoins.
Here's my current portfolio:
* OriginTrail 40%
* CPChain 40%
* ICON 20%
* VeChain 20% (I'm putting more in Vechain before the rebranding as I expect to see a big rise after it.)
These 4 are my main longterm coins.

I'm looking at other great projects like Bottos, Achain, NANO (since the big price drop due to the Bitgrail hack), Devery, ... But I don't know which coin really stands out. I am okay with longterm investments.

NEO is also on my watchlist since I can see it become as big as Ethereum in 2018-2019.

So, what would you do with 2 BTC? Or even 10 BTC? Which coin would you put more in?
Post
Topic
Board Altcoin Discussion
Re: Confused about value USD/satoshis
by
wittaz
on 28/01/2018, 11:59:01 UTC
If you want to have fiat as your base pair then you are not losing money now but if you want your main base pair in ETH then you are losing some.

I understand. So if you were to focus on ETH pair and you would be trading on a regular basis, that this wouldn't be good I guess. Value in USD increases, value of ETH decreases. You sell at a higher USD but with a lower ETH value, you lose money.
Post
Topic
Board Altcoin Discussion
Confused about value USD/satoshis
by
wittaz
on 28/01/2018, 10:39:04 UTC
I'm still pretty new to the entire crypto stuff so bear with me if this sounds stupid.

I have a question about the value of a coin in USD and satoshis, and why it goes up and down all the time.

Let's take VEN for example.

How come the current price for VEN (looking at ETH pair) is currently 0.00571000 ETH for 1 VEN, valued at $7.00?
When it was 0.0066 ETH for 1 VEN, valued at the same dollar mark, only a day or 2 ago?

Same for NEO, I bought a few at 0.127000 ETH (valued at around $140-145) , but right now it is 0.119004 ETH for 1 NEO. Yet, the price in USD is higher than before. (now around $148-150)

For example, 100 NEO would cost you an exact amount of 13 ETH. When you want to sell these 100 NEO now, it would get you 12 ETH, but the USD price is the same as it was with 13 ETH, how is this possible?

Am I losing money now? Did I do right to buy when ETH was dropping?

There's probably a very good way of understanding this "issue" but if someone could ELI5 me, that would be great.
Post
Topic
Board Service Discussion
Confused about adding profits/total investment amount to new coin
by
wittaz
on 15/01/2018, 14:07:17 UTC
I made a little bit of profit of STRATIS. I sold all of them a few days ago, and now I have 1700 EUR instead of 1500.

I am not sure which amount to use now to add to the yellow cell for my Icon investment.
I have already invested 2000 in Icon. Do I add the initial investment of stratis (1500) or add the total amount (investment+profit=1700) to the cell?

Sorry if this sounds dumb. I'm new to this.

Here's an image to make it more clear:
https://i.imgur.com/jG1EYql.png
Post
Topic
Board Altcoin Discussion
Re: What are your top 3 favorite cryptocurrencies and why?
by
wittaz
on 24/07/2017, 12:25:55 UTC
My favorites are Litecoin, Reddcoin and Digibyte.
Post
Topic
Board Speculation (Altcoins)
Re: RDD ReddCoin - come back! Great return!
by
wittaz
on 15/07/2017, 14:52:16 UTC
Don't sleep on this coin. Get some Reddcoin today!!
The price is extremely low thanks to the crash.
Post
Topic
Board Altcoin Discussion
Re: ReddCoin - The social media coin.
by
wittaz
on 15/07/2017, 14:43:43 UTC
Just bought a bunch more. Perfect time since the price is now extremely low!  Smiley

Now waiting for the launch of Redd-ID.
Post
Topic
Board Speculation (Altcoins)
Re: What is your opinion to AntShares?
by
wittaz
on 06/07/2017, 06:08:19 UTC
ANS/NEO will be huge in a couple of months, maybe 1-2 years. The time to buy is now. Don't wait.
Post
Topic
Board Service Discussion
Re: Question about fiat converting into satoshi.
by
wittaz
on 04/07/2017, 11:18:40 UTC
Also, for example, I added my Myriadcoin purchases into the Blockfolio app by first converting my EUR price to satoshi at a random time.

Blockfolio tells me I hold (my net cost) 763,22 EUR.
While my own spreadsheet says 847 EUR.
The info in my spreadsheet is 100% correct.
Post
Topic
Board Service Discussion
Re: Question about fiat converting into satoshi.
by
wittaz
on 04/07/2017, 06:02:00 UTC
I think the two people who have responded thus far have not provided then answer you need. While market cap and currency conversion sites are valuable, wha the OP is looking for is historical prices of various crypto currencies.

Use this site http://www.cryptocurrencychart.com/ to find the historical prices from the date you bought the currencies. You'll need to know the date you made the purchase and which currency you used to buy the crypto currency.

Finally, you'll need to track this on a spreadsheet (or on your own). I could provide a template. I'm not aware of an app that will allow you to do this but I'm sure you could find one. Coinbase, for example, will show what your coin is worth in your local currency at the time that it was deposited into your wallet but they don't have any reports or summarization features.
If you could provide a template that would be great, thanks.

I used http://www.btcsatoshi.com/ (see reply above) to convert the buy prices into satoshi but it kinda changes every day. Depends how much EUR/USD is 1 BTC.
(1 Myriadcoin was 76 sat yesterday, now 78 sat)

The site gives me an idea what the price in satoshi is, although not 100% accurate, I guess it does the job. Doesn't really matter that much I guess.
Let say I bought coins for a total of 500 EUR, when converted to satoshi and manually added into the Blockfolio app, it's only off by 20-30 EUR.

EDIT: actually there is a big difference in satoshi every day.  Sad
So I would need to be 100% sure what the price in satoshi is. Doesn't matter for small amounts but when I bought coins for 1000 EUR it could be off about 500 EUR  Shocked

Here's a picture of my current spreadsheet: http://imgur.com/BWpvEpv
it shows the price for 1 coin, the total amount of coins bought and the total price in EUR.

Post
Topic
Board Altcoin Discussion
Re: ReddCoin - The social media coin.
by
wittaz
on 04/07/2017, 05:59:21 UTC
Reddcoin was great back in the day when it was at 15 sat but then the developer left I think, I haven't checked it ever since.
They have new devs for quite a while now (think 2 years) who are working hard to bring out some new things.
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Topic
Board Service Discussion
Re: Question about fiat converting into satoshi.
by
wittaz
on 03/07/2017, 14:06:34 UTC
I found a good calculator: http://www.btcsatoshi.com/
Although, it is not 100% accurate because of the different buy prices from different exchanges, it is pretty close.
For example, 0,0043218 EUR is 169 sat.
0,0011630 EUR is 51 sat.

I'm converting every EUR amount right now into sat and then I'll add them to the app.
Thanks  Smiley
Post
Topic
Board Service Discussion
Topic OP
Question about fiat converting into satoshi.
by
wittaz
on 03/07/2017, 12:15:04 UTC
I have been using the Blockfolio app for Android, a portfolio app where you can see all your coins, holdings etc.
But most coins I have bought them with fiat money, so I do not know what the initial price in bitcoin/satoshi is worth.
The app only lets you enter satoshi amount. If you enter your amount in USD or EUR, you have about 1million growth or loss Smiley

For example:
I bought 7500x Dogecoin for a total amount of 11,05 EUR. That means 1 Dogecoin is 0,0014733 EUR.
I bought 10000 x Reddcoin for a total amount of 18,81 EUR. Theat means 1 Reddcoin is 0,0018810 EUR.

How exactly can I know what the initial price is in satoshi? How much is 1 Dogecoin (0,0014733 EUR) in satoshi? And will this conversion be accurate?
I have all my coins in a selfmade Excel file but yeah, it doesn't show my increase or decrease percentage Smiley
Post
Topic
Board Altcoin Discussion
Re: ReddCoin - The social media coin.
by
wittaz
on 03/07/2017, 09:18:55 UTC
I invested in this coin two years ago, made 1000% profit but I cashed out because I don't think it will have any use in the future. Maybe I am wrong but I don't see this coin going to worldwide adaption. Because every coin can simply implement this feature once there is worldwide adaption.
But Reddcoin makes it easier to actually "use" the coin (tipping other users) with Redd-ID. It's almost as simple as just clicking a button.
That's something other coins (afaik) don't have yet. You would need to other person's wallet address and then manually send them the tip/coins.

I still have high hopes for this coin. Let's just see what the future brings, or when Redd-ID launches. I am positive it will grow!
Post
Topic
Board Altcoin Discussion
Re: Buying coins without fiat
by
wittaz
on 03/07/2017, 05:49:20 UTC
Thanks guys!  Cheesy

Do you think 0,02 BTC to IOTA and SIA each is a good long-term investment?

That's 54 USD, for someone this amount of money is pocket money for someone else is a good part of a salary.

If you can "forget" about this investment then go for it, don't expect to be rich within a short period of time.

Both of them are new coins and I think that have a good potential to rice within one year or so.
Sorry I meant 0,2 BTC ofcourse Smiley 500 EUR in each coin.
Post
Topic
Board Altcoin Discussion
Topic OP
ReddCoin - The social media coin.
by
wittaz
on 30/06/2017, 09:12:36 UTC
What are your thoughts on ReddCoin? The social media coin.

This coin got my interest about a month ago and read some more things about it.

Basically, ReddCoin is used for tipping friends, family or people on social media. It “changes” the typical like button on Facebook (you are rewarding people for their posts with actual coins/money). You can tip on Facebook, Twitter, Instagram, Youtube, basically, any social media platform.

For me, I can see this turn into something really big. Tipping people for video’s on Youtube will slowly become a great feature.
It’s been getting a lot of new attention lately due to their next project coming out really soon: Redd-ID. People are extremely excited about this feature. Will it live up to its expectations? I hope so!
What this Redd-ID is: (quote from official Reddit page)

Quote
Reddcoin Redd-ID is a unique service provided at the blockchain level which allows a user to associate a username with rich information including public keys and social network identities
•   Redd-ID is a new blockchain-based naming service.
•   The service provides users the ability to create and own multiple user IDs (e.g. social, work or community) verified to a private address.
•   Each created ID is verified on the blockchain and linked to a Reddcoin address.
•   The Redd-ID can be used for sending and receiving Reddcoin to common names (Address-book).
•   User Redd-IDs are public and searchable.
•   A Redd-ID can include as much or as little profile information as the owner sees necessary (contact details, avatars, etc).
•   User profile details can be made public or private.
•   Within each user profile is the ability to link multiple social network identities (e.g. Facebook, Twitter, etc.).
•   Each social network identity can also have a separately assigned and individual Reddcoin address.
•   There is a cost for registering each Redd-ID.
•   The cost of registering is determined by a number of factors such as the length, mixture of characters, vowels, etc. (e.g. john.id > johnadam.id > john0001.id.)
•   Due to popularity, the cost of registering some short names (Joe, Tom, etc.) will be 6 figures or more (at current exchange rates).
•   Redd-IDs are verified in PoSV blocks, with active Reddcoin stakers supporting the registration service.
•   The majority of the registration fee paid for a Redd-ID will go to the wallet-holder who stakes and fully verifies the transaction.
•   Small stake holders have the potential to earn big rewards
•   A small percentage of the registration fee goes back to the network to support infrastructure.
•   Redd-IDs may be transferred between users (creating a potential marketplace).
•   Redd-IDs will have an expiration date and require renewal (terms between 1 and 5 years with discounting will be available).

The cool thing about Redd-ID is that you can tip EVERYONE. Even if they do not have a Redd-ID (or have never even heard of ReddCoin, or any other cryptocurrency in general).
You can send them your tip (for example 500 RDD, which equals to about $ 0,60 cents but in order for them to receive the tip, they will have to set up a Redd-ID. Let’s say I tip my favorite Youtuber 10k RDD ($ ~15) without them having a Redd-ID. They will not be able to accept this tip and collect their coins/money.
You can imagine this is going to spread like wildfire.  Wink

Found a video from a few days ago from a guy that talks about ReddCoin, why it’s time to buy now.
https://www.youtube.com/watch?v=2e5mt31CmBg
I have to say, I agree with this guy. I bought a few coins a month ago when the price dropped a little bit, delved myself deeper in this coin and things are looking great. Such a great community and dev team!

Their Reddit is being very active lately.

A browser wallet is also being made which is currently in closed beta.

What do you think about this coin?

Post
Topic
Board Altcoin Discussion
Re: Sorry but ETH is not the future Xtrabytes is.
by
wittaz
on 30/06/2017, 09:04:05 UTC
We can't build the future on flawed systems like Bitcoin and ETH. Bitcoin wasn't designed for it and ETH is a mess of a system backed by the banking systems we want to avoid in the future.

Xtrabytes is 51% attack proof, Infinitly scalable, No need for miners or staking. But big thing is its being built as an open source core that once realeased will allow modules to be built out from it. If you want to build the future you got to start with a strong base.



Why say sorry?
Post
Topic
Board Speculation (Altcoins)
Re: What is best PoS coin to invest into right now?
by
wittaz
on 27/06/2017, 13:49:42 UTC
ReddCoin, the one and only coin that matters.