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Bitcoin: Does it have a future ?
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#201 Posted : Sunday, December 31, 2017 3:37:16 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Mukiri wrote:
Be careful. The crypto-currency game isn't sometimes what its made out to be. Rumor has it that price is expected to be pumped to around $5, after which whales might trade their holdings for BTC. What that means, is that anybody swimming naked might just be left holding a bag of XRP, that corrects back to cents level, at that time. Ask yourself, which bank do you know that uses Ripple (Swift's competitor)?

Be scared when you see the greed.


Trade responsibly!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Stiffler
#202 Posted : Sunday, December 31, 2017 8:38:12 AM
Rank: Member


Joined: 11/7/2017
Posts: 186
Location: Nairobi
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world
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Stiffler
#203 Posted : Sunday, December 31, 2017 9:17:13 AM
Rank: Member


Joined: 11/7/2017
Posts: 186
Location: Nairobi
Mukiri wrote:
Be careful. The crypto-currency game isn't sometimes what its made out to be. Rumor has it that price is expected to be pumped to around $5, after which whales might trade their holdings for BTC. What that means, is that anybody swimming naked might just be left holding a bag of XRP, that corrects back to cents level, at that time. Ask yourself, which bank do you know that uses Ripple (Swift's competitor)?

Be scared when you see the greed.


Actually I know of a consortium of Asian Banks that are in the process of adopting ripple. In the process coz it's a new concept.. So it takes a while to implement. Other adoptees of ripple include Earthpoint, Fidor Bank, Bank of America, and HSBC.

Like someone said here though, investing in cryptocurrencies is a gamble. Only invest if you are willing and have the capacity to loose all.
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maka
#204 Posted : Sunday, December 31, 2017 10:09:00 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Stiffler wrote:
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world



Can I buy Tron hapa?
possunt quia posse videntur
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maka
#205 Posted : Sunday, December 31, 2017 10:11:14 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mamilli wrote:
Stiffler wrote:
Ripple is doing very great at the moment. Bought it awhile back, couldnt be any happier


I can only envy you...you mean you have ridden XRP's over 29000% gain year to date!!!absolutely bonkers!


Lucky fellowsmile Not complaining am up 151%...Whooosh bought around 15th Dec... Keeping the faith... 2018 should be better
possunt quia posse videntur
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maka
#206 Posted : Sunday, December 31, 2017 10:26:47 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Mukiri wrote:
Be careful. The crypto-currency game isn't sometimes what its made out to be. Rumor has it that price is expected to be pumped to around $5, after which whales might trade their holdings for BTC. What that means, is that anybody swimming naked might just be left holding a bag of XRP, that corrects back to cents level, at that time. Ask yourself, which bank do you know that uses Ripple (Swift's competitor)?

Be scared when you see the greed.


5$ is so ok with me....5X can take that anytime...
possunt quia posse videntur
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maka
#207 Posted : Sunday, December 31, 2017 10:29:09 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
mamilli wrote:
Stiffler wrote:
Ripple is doing very great at the moment. Bought it awhile back, couldnt be any happier


I can only envy you...you mean you have ridden XRP's over 29000% gain year to date!!!absolutely bonkers!


Lucky fellowsmile Not complaining am up 151%...Whooosh bought around 15th Dec... Keeping the faith... 2018 should be better


possunt quia posse videntur
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Angelica _ann
#208 Posted : Sunday, December 31, 2017 10:31:28 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
maka wrote:
maka wrote:
mamilli wrote:
Stiffler wrote:
Ripple is doing very great at the moment. Bought it awhile back, couldnt be any happier


I can only envy you...you mean you have ridden XRP's over 29000% gain year to date!!!absolutely bonkers!


Lucky fellowsmile Not complaining am up 151%...Whooosh bought around 15th Dec... Keeping the faith... 2018 should be better




Hapo sawa!!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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maka
#209 Posted : Sunday, December 31, 2017 11:55:19 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
We @ Stiffler need your help... How can I buy dodge coin...

How geniune are this guys...

https://www.coindirect.com/
possunt quia posse videntur
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Stiffler
#210 Posted : Sunday, December 31, 2017 11:55:24 AM
Rank: Member


Joined: 11/7/2017
Posts: 186
Location: Nairobi
maka wrote:
Stiffler wrote:
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world



Can I buy Tron hapa?


No, you cant buy tron at Bitfinex. But you can get it at Bifinance and a host of other exchanges though
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Stiffler
#211 Posted : Sunday, December 31, 2017 12:06:40 PM
Rank: Member


Joined: 11/7/2017
Posts: 186
Location: Nairobi
[quote=maka]We @ Stiffler need your help... How can I buy dodge coin...

How geniune are this guys...

https://www.coindirect.com/[/quote]

Dodge, the Joke Currency.....
You can try Poloniex or Bittrex

Personally I have never used them.
But from what I see, they are expensive. Their prices are marked up when buying and down when selling. Unless your currency really outperforms, you are bound to make a loss or little in profits...
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mamilli
#212 Posted : Sunday, December 31, 2017 12:18:08 PM
Rank: Member


Joined: 10/6/2015
Posts: 249
Location: Nairobi
Stiffler wrote:
maka wrote:
Stiffler wrote:
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world



Can I buy Tron hapa?


No, you cant buy tron at Bitfinex. But you can get it at Bifinance and a host of other exchanges though


@Maka while at check out MIOTA,they are fronting a crazier platform IOT (Tangle),our IT GURUS can shed some light here.I understand the german firm BOSCH(yes,your mercedes car parts maker) acquired a signficant stake not so long ago.
Never lose your position in a bull market,BTFD.
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maka
#213 Posted : Sunday, December 31, 2017 12:18:54 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mamilli wrote:
Stiffler wrote:
maka wrote:
Stiffler wrote:
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world



Can I buy Tron hapa?


No, you cant buy tron at Bitfinex. But you can get it at Bifinance and a host of other exchanges though


@Maka while at check out MIOTA,they are fronting a crazier platform IOT (Tangle),our IT GURUS can shed some light here.I understand the german firm BOSCH(yes,your mercedes car parts maker) acquired a signficant stake not so long ago.



Asante will look into that...
possunt quia posse videntur
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Aspiring Expert
#214 Posted : Monday, January 01, 2018 2:17:50 AM
Rank: Hello


Joined: 11/25/2013
Posts: 7
Stiffler wrote:
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world


Thanks for that. I have also looked into binance, it has pretty good reviews; I will decide on one of the two.

I would also like to ask which platforms you guys are using to purchase the bitcoin from kenya shillings. Localbitcoins and remitano btc prices are way above the market price $13k vis a vis KES1.6mil. Considering all the transaction & spread costs, are the prices fair or are there better alternatives for kenyan tradérs residing in Kenya?

Any advice on how you are going about this is highly appreciated.
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Afroblk
#215 Posted : Monday, January 01, 2018 11:30:55 AM
Rank: New-farer


Joined: 3/3/2010
Posts: 79
Aspiring Expert wrote:
Stiffler wrote:
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world


Thanks for that. I have also looked into binance, it has pretty good reviews; I will decide on one of the two.

I would also like to ask which platforms you guys are using to purchase the bitcoin from kenya shillings. Localbitcoins and remitano btc prices are way above the market price $13k vis a vis KES1.6mil. Considering all the transaction & spread costs, are the prices fair or are there better alternatives for kenyan tradérs residing in Kenya?

Any advice on how you are going about this is highly appreciated.


I use Binance, Bittrex, HitBTC, Bitstamp, and Coinbase. I tell you, sometimes you have to use multiple exchanges for various reasons. You load your money to Coinbase OR Bitstamp, or whatever platform you use in Kenya. You then buy Bitcoin or Ethereum and transfer to the other exchanges to trade other currencies. I would srongly recommend you use Ethereum to trade rather than Bitcoin. It has cheaper transaction fees and the transaction speed is way faster than Bitcoin's. Bittrex has the least amount of fees charged while HitBTC has the highest. I personally like Binance (it has a great user interface and easy to navigate for newbies). Bittrex is also great, I use it to buy more volatile coins that are not listed on Binance. HitBTC is the exchange that lists the most ICOs, so you;re more likely to get more cheaper coins on this exchange than most, plus it has an embedded chat platform where people can interact with the crypto community and get to see what's the next big coin.

Recommended coins for newbies to buy;
a) Ripple (XRP), currently at $2.26 (Most major exchanges)
b) Verge (XVG), currently at $0.20 (Most major exchanges)
c) Cardano (ADA), currently at $0.70 (Most major exchanges)
d) Stella Lumens (XLM), currently at $0.43 (Most major exchanges)
e) Funfair (FUN), currently at $0.09 (Most major exchanges)

I'm hodling the following coins long term (1-3 years) in adddition to the five coins above. Yes, 1 year in crypto is like 5 years in the stock market.

New Economy Movement (XEM) - $1.07 (Bittrex/HitBTC)
ICON (ICX) - $5.86 (Binance/HitBTC)
Aeron (ARN) - $0.72 (Binance/HitBTC)
IOTA - $3.58 (Binance/Bitfinex)
DENT - $0.01 (HitBTC)
CannabisCoin (CANN) - $0.35 (Bittrex)
DOPE - $0.26 (Bittrex)
Tron (TRX) - $0.04 (Binance/HitBTC)
GAS - $30 - (Binance/Poloniex)
AdEx (ADX) - $2.87 (Binance/HitBTC)
Power Ledger (POWR) -$1.03 (Binance/Bittrex)
Status (SNT) - $0.27 (Binance/Bittrex/HitBTC)
OmiseGo (OMG) - $19 (All major exchanges)

As you can see I opt for cheaper coins but I'll buy a few expensive ones if I'm confident they'll do great in the long term. It's easy for a $0.10 coin to move to $1 than a $30 coin to $300...same gain.

ICON (ICX) for example is building the world's largest decentralized network and it'll be backed by some Korean officials. GAS on the other hand is the token currency to be used on the NEO network and there are only 9M coins in supply!!! The most undervalued coin in my opinion is Aeron (ARN), it's solving aviation record keeping problem and there are only 12M in circulation! This is a $300 coin in a few years, currently trading at $0.85. Both GAS and ARN will moon as soon as folks know what they really are.

Useful Resources;

a) www.coinmarketcap.com (Useful info on all listed coins/tokens)
b) www.cointracking.info (Useful for tracking you portfolio)
c) www.coincheckup.com (Useful for checking how healthy a coin is)
d) www.bitcointalk.org (latest news and forums for the crypto community)
e) www.coindesk.com (Crypto news)
f) ww.github.com (Very useful in seeing if the developers are keeping the coins upto date)

Wallets;

For your long term coins, I'd recommend getting a hardware wallet like Trezor or Ledger Nano (but they range from $60-$120) so might be useful for high dollar coins. Otherwise mobile or desktop client wallets will do just fine. I personally use desktop client wallets for the top five coins listed above. Just go to their official website and download or from approved sources like github.

To learn how the basic chart reading, i'd recommend to watch the following video...there are so many out there but I found this one to be good for beginners.

https://www.youtube.com/watch?v=uPVAn4HQDA8
Knowledge is contagious...Infect truth!
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Stiffler
#216 Posted : Monday, January 01, 2018 2:10:12 PM
Rank: Member


Joined: 11/7/2017
Posts: 186
Location: Nairobi
Afroblk wrote:
Aspiring Expert wrote:
Stiffler wrote:
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world


Thanks for that. I have also looked into binance, it has pretty good reviews; I will decide on one of the two.

I would also like to ask which platforms you guys are using to purchase the bitcoin from kenya shillings. Localbitcoins and remitano btc prices are way above the market price $13k vis a vis KES1.6mil. Considering all the transaction & spread costs, are the prices fair or are there better alternatives for kenyan tradérs residing in Kenya?

Any advice on how you are going about this is highly appreciated.


I use Binance, Bittrex, HitBTC, Bitstamp, and Coinbase. I tell you, sometimes you have to use multiple exchanges for various reasons. You load your money to Coinbase OR Bitstamp, or whatever platform you use in Kenya. You then buy Bitcoin or Ethereum and transfer to the other exchanges to trade other currencies. I would srongly recommend you use Ethereum to trade rather than Bitcoin. It has cheaper transaction fees and the transaction speed is way faster than Bitcoin's. Bittrex has the least amount of fees charged while HitBTC has the highest. I personally like Binance (it has a great user interface and easy to navigate for newbies). Bittrex is also great, I use it to buy more volatile coins that are not listed on Binance. HitBTC is the exchange that lists the most ICOs, so you;re more likely to get more cheaper coins on this exchange than most, plus it has an embedded chat platform where people can interact with the crypto community and get to see what's the next big coin.

Recommended coins for newbies to buy;
a) Ripple (XRP), currently at $2.26 (Most major exchanges)
b) Verge (XVG), currently at $0.20 (Most major exchanges)
c) Cardano (ADA), currently at $0.70 (Most major exchanges)
d) Stella Lumens (XLM), currently at $0.43 (Most major exchanges)
e) Funfair (FUN), currently at $0.09 (Most major exchanges)

I'm hodling the following coins long term (1-3 years) in adddition to the five coins above. Yes, 1 year in crypto is like 5 years in the stock market.

New Economy Movement (XEM) - $1.07 (Bittrex/HitBTC)
ICON (ICX) - $5.86 (Binance/HitBTC)
Aeron (ARN) - $0.72 (Binance/HitBTC)
IOTA - $3.58 (Binance/Bitfinex)
DENT - $0.01 (HitBTC)
CannabisCoin (CANN) - $0.35 (Bittrex)
DOPE - $0.26 (Bittrex)
Tron (TRX) - $0.04 (Binance/HitBTC)
GAS - $30 - (Binance/Poloniex)
AdEx (ADX) - $2.87 (Binance/HitBTC)
Power Ledger (POWR) -$1.03 (Binance/Bittrex)
Status (SNT) - $0.27 (Binance/Bittrex/HitBTC)
OmiseGo (OMG) - $19 (All major exchanges)

As you can see I opt for cheaper coins but I'll buy a few expensive ones if I'm confident they'll do great in the long term. It's easy for a $0.10 coin to move to $1 than a $30 coin to $300...same gain.

ICON (ICX) for example is building the world's largest decentralized network and it'll be backed by some Korean officials. GAS on the other hand is the token currency to be used on the NEO network and there are only 9M coins in supply!!! The most undervalued coin in my opinion is Aeron (ARN), it's solving aviation record keeping problem and there are only 12M in circulation! This is a $300 coin in a few years, currently trading at $0.85. Both GAS and ARN will moon as soon as folks know what they really are.

Useful Resources;

a) www.coinmarketcap.com (Useful info on all listed coins/tokens)
b) www.cointracking.info (Useful for tracking you portfolio)
c) www.coincheckup.com (Useful for checking how healthy a coin is)
d) www.bitcointalk.org (latest news and forums for the crypto community)
e) www.coindesk.com (Crypto news)
f) ww.github.com (Very useful in seeing if the developers are keeping the coins upto date)

Wallets;

For your long term coins, I'd recommend getting a hardware wallet like Trezor or Ledger Nano (but they range from $60-$120) so might be useful for high dollar coins. Otherwise mobile or desktop client wallets will do just fine. I personally use desktop client wallets for the top five coins listed above. Just go to their official website and download or from approved sources like github.

To learn how the basic chart reading, i'd recommend to watch the following video...there are so many out there but I found this one to be good for beginners.

https://www.youtube.com/watch?v=uPVAn4HQDA8



My sentiments exactly
At the moment I have Ripple,XEM, ICON and Aeron
And some BTC
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Stiffler
#217 Posted : Monday, January 01, 2018 3:42:04 PM
Rank: Member


Joined: 11/7/2017
Posts: 186
Location: Nairobi
For my first trade I used Skrill- Spectrocoin to deposit Kshs. But the fees here are too high. Now I simply use Bitfinex
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Aspiring Expert
#218 Posted : Monday, January 01, 2018 8:10:16 PM
Rank: Hello


Joined: 11/25/2013
Posts: 7
Thanks @Afroblk and @Stiffler for the information, the useful resources cited are invaluable. Venturing into cryptos is no joke 😥.
I actually purchased some btc from localbitcoins yesterday and bought a few raiblocks, I have gathered that it may have some potential for growth.
I then registered myself into binance & bitstamp (bitfinex is not accepting new clients for the next 2 wks); I will hopefully be verified by the two soon.

Afroblk, when loading your money/ fiat into bitstamp, do you use the international bank/ wire transfer option? If so, how long does it typically take for the exchange to credit your account?
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Mukiri
#219 Posted : Tuesday, January 02, 2018 11:18:06 AM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
Afroblk wrote:
Aspiring Expert wrote:
Stiffler wrote:
Aspiring Expert wrote:
Hi Stiffler. How do you go about buying cryptos if I may ask? Which exchanges do you use?


Hey
I trade on Bitfinex

- one of the largest exchanges in the world


Thanks for that. I have also looked into binance, it has pretty good reviews; I will decide on one of the two.

I would also like to ask which platforms you guys are using to purchase the bitcoin from kenya shillings. Localbitcoins and remitano btc prices are way above the market price $13k vis a vis KES1.6mil. Considering all the transaction & spread costs, are the prices fair or are there better alternatives for kenyan tradérs residing in Kenya?

Any advice on how you are going about this is highly appreciated.


I use Binance, Bittrex, HitBTC, Bitstamp, and Coinbase. I tell you, sometimes you have to use multiple exchanges for various reasons. You load your money to Coinbase OR Bitstamp, or whatever platform you use in Kenya. You then buy Bitcoin or Ethereum and transfer to the other exchanges to trade other currencies. I would srongly recommend you use Ethereum to trade rather than Bitcoin. It has cheaper transaction fees and the transaction speed is way faster than Bitcoin's. Bittrex has the least amount of fees charged while HitBTC has the highest. I personally like Binance (it has a great user interface and easy to navigate for newbies). Bittrex is also great, I use it to buy more volatile coins that are not listed on Binance. HitBTC is the exchange that lists the most ICOs, so you;re more likely to get more cheaper coins on this exchange than most, plus it has an embedded chat platform where people can interact with the crypto community and get to see what's the next big coin.

Recommended coins for newbies to buy;
a) Ripple (XRP), currently at $2.26 (Most major exchanges)
b) Verge (XVG), currently at $0.20 (Most major exchanges)
c) Cardano (ADA), currently at $0.70 (Most major exchanges)
d) Stella Lumens (XLM), currently at $0.43 (Most major exchanges)
e) Funfair (FUN), currently at $0.09 (Most major exchanges)

I'm hodling the following coins long term (1-3 years) in adddition to the five coins above. Yes, 1 year in crypto is like 5 years in the stock market.

New Economy Movement (XEM) - $1.07 (Bittrex/HitBTC)
ICON (ICX) - $5.86 (Binance/HitBTC)
Aeron (ARN) - $0.72 (Binance/HitBTC)
IOTA - $3.58 (Binance/Bitfinex)
DENT - $0.01 (HitBTC)
CannabisCoin (CANN) - $0.35 (Bittrex)
DOPE - $0.26 (Bittrex)
Tron (TRX) - $0.04 (Binance/HitBTC)
GAS - $30 - (Binance/Poloniex)
AdEx (ADX) - $2.87 (Binance/HitBTC)
Power Ledger (POWR) -$1.03 (Binance/Bittrex)
Status (SNT) - $0.27 (Binance/Bittrex/HitBTC)
OmiseGo (OMG) - $19 (All major exchanges)

As you can see I opt for cheaper coins but I'll buy a few expensive ones if I'm confident they'll do great in the long term. It's easy for a $0.10 coin to move to $1 than a $30 coin to $300...same gain.

ICON (ICX) for example is building the world's largest decentralized network and it'll be backed by some Korean officials. GAS on the other hand is the token currency to be used on the NEO network and there are only 9M coins in supply!!! The most undervalued coin in my opinion is Aeron (ARN), it's solving aviation record keeping problem and there are only 12M in circulation! This is a $300 coin in a few years, currently trading at $0.85. Both GAS and ARN will moon as soon as folks know what they really are.

Useful Resources;

a) www.coinmarketcap.com (Useful info on all listed coins/tokens)
b) www.cointracking.info (Useful for tracking you portfolio)
c) www.coincheckup.com (Useful for checking how healthy a coin is)
d) www.bitcointalk.org (latest news and forums for the crypto community)
e) www.coindesk.com (Crypto news)
f) ww.github.com (Very useful in seeing if the developers are keeping the coins upto date)

Wallets;

For your long term coins, I'd recommend getting a hardware wallet like Trezor or Ledger Nano (but they range from $60-$120) so might be useful for high dollar coins. Otherwise mobile or desktop client wallets will do just fine. I personally use desktop client wallets for the top five coins listed above. Just go to their official website and download or from approved sources like github.

To learn how the basic chart reading, i'd recommend to watch the following video...there are so many out there but I found this one to be good for beginners.

https://www.youtube.com/watch?v=uPVAn4HQDA8

Applause Applause Applause
But hio bangi ni mingiPray

Proverbs 19:21
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Mukiri
#220 Posted : Tuesday, January 02, 2018 7:31:56 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
High risk, high reward (or loss)

In this game, there's another higher risk, higher return (or loss), for those with the appetite.

https://news.bitcoin.com...illion-month-first-time/

Proverbs 19:21
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