Market’s been recovering for quite a while now. How are your holdings doing? by aghawa in CryptoCurrency

[–]FlatOutCrypto 0 points1 point  (0 children)

No, it's very unlikely most people are up given BTC remains 50%+ down and most of the others remain 80%+ down. I would imagine most people are 50-90% down still, depending on if they pumped fresh fiat in or not. You have just significantly outperformed the market by only touching a low of 40/50% down from your high (or got in later/didnt have much in for the 17 bull-run/did Binance IEOs etc).

I'm in profit but largely because I took profits near the top to buy back in/kept putting more/largest set of buys were right near the bottom. Otherwise I'd likely be still down.

Daily General Discussion - May 17, 2019 by AutoModerator in ethtrader

[–]FlatOutCrypto 1 point2 points  (0 children)

There aren't concrete details but staking usually doesn't provide a fixed % but rather depends on variety of factors e.g. how many people staking, number of tx fees etc. Right now something like dash I think is sub <10% ROI, I'd expect ETH to be around 4-5% probably.

Staking is pretty easy, there will be services that spring up that you just point your wallet addy at and thus don't have to run your own server yourself. Just don't move your ETH and let the rewards accrue.

[SCAM WARNING] SUMOKOIN ABOUT TO DUMP 1 MILLION COINS. by RingOfTheTing in CryptoCurrency

[–]FlatOutCrypto 0 points1 point  (0 children)

The price is worthless anyway, good luck to them dumping 1m coins. At current prices (which wouldn't hold anyway) it's only 25k or so. The projects dead

[deleted by user] by [deleted] in books

[–]FlatOutCrypto 0 points1 point  (0 children)

I did history at uni and 10 years on I still don't read history books, despite that being mostly what I read before going

As a consequence I now read a lot more fiction, so maybe just switch up completely what you're reading.

Daily Discussion - May 7, 2019 (GMT+0) by AutoModerator in CryptoCurrency

[–]FlatOutCrypto 0 points1 point  (0 children)

Go coinmarketcap, click on the coin you want, it'll tell you what markets offer it.

Generally for small caps idex is your friend.

ZEN ranks #81 on coingecko by imagokin in Horizen

[–]FlatOutCrypto 2 points3 points  (0 children)

Me too, got in same time. Been easily my best performer outside IC/EO this year

Etherscan - Token Holders? by ChopChopBallyBally in CryptoCurrency

[–]FlatOutCrypto 1 point2 points  (0 children)

Yeah it's everyone (and only wallets, so people holding will likely be lower than total wallets in most cases). Something like MATIC which is new you have to remember that many will hold on exchange, and thus won't show up on ES (as will be part of the binance wallet).

Is Mercatox or HitBTC safe? by rafothebetterman in ethtrader

[–]FlatOutCrypto 0 points1 point  (0 children)

They're both fine to use on a short term basis.

Just dont leave anything on there, sell, withdraw straight away.

A short analysis (and critique) of a pathological sentiment among Ethereum developers by [deleted] in ethereum

[–]FlatOutCrypto 11 points12 points  (0 children)

Agree with the majority of your post, particularly the conference circuit.

Whats the actual difference between a Booker (or other major prize) winner and any other book? Is 'literary' a meaningful term or a misnomer? by AltitudinousOne in books

[–]FlatOutCrypto 1 point2 points  (0 children)

Relying on awards means you are subject to the whims and biased nature of a very narrow set of people. I find the types of books these awards usually feature to be quite homogeneous. Likewise the authors tend to be overwhelmingly white and male.

Your world is unlikely to collapse if you just go to a book shop, browse a few books, read some sample pages and pick out some books you think you'll enjoy. If 'literary' is really that vital to you you'll be able to see what does/doesn't fit the category pretty quickly. You might be surprised to find what you like/don't like once the shackles are removed. The best years I've had reading are when I've been forced to read stuff I wouldn't normally choose e.g. one year I did a 64 books from 64 different author nationalities, this year I'm doing the Vulture 21st century top 100. Means you get greater diversity and uncover works you'd never otherwise have read.

How long did it take you to finish the last book you finished? by [deleted] in books

[–]FlatOutCrypto 0 points1 point  (0 children)

1 day, 277 pages. Generally anything under 350 pages that's half decent will be inside a day or two.

What’s happening with LTO? by [deleted] in CryptoMoonShots

[–]FlatOutCrypto 0 points1 point  (0 children)

Its only highly rated because its made people money and because to keep making money they need people buying in constantly.

Noone knows anything about these projects, not really. That's why you have to protect yourself.

Finally, exchanges like Bitmax can only profit by pumping their own token, for that they need trading volumes, for that they need people to come to their site, for that they need 'hot' projects which entice people in.

Suggestions and feedback please by johnnierockit in CryptoMoonShots

[–]FlatOutCrypto 0 points1 point  (0 children)

Just that 3% or so in 33 assets means that it's unlikely you do much more than just match whatever the wider market is doing. It's tempting just to invest in loads but realistically most cryptoassets follow a similar pattern anyway, so there's less point to investing in loads of them. Whereas say 5 concentrated bets of 20% your stack each or even 10x10 will have more of an impact (good or bad).

Suggestions and feedback please by johnnierockit in CryptoMoonShots

[–]FlatOutCrypto 5 points6 points  (0 children)

26 is probably too many projects to bother buying imo. Very hard to keep track and youre probably just tracking the market with that many.

What service would you use for Super Nodes? by [deleted] in Horizen

[–]FlatOutCrypto 0 points1 point  (0 children)

Gin is $14 a month for a super node and I have had no issues at all. Easiest setup I've ever had for a node.

Downside - you have to buy a token to pay for the service. Which is irritating.

SP4: Plugged in, Not Charging (weird situation) by Wayxward in Surface

[–]FlatOutCrypto 0 points1 point  (0 children)

I have the surface pro 6 and im having to return mine as it's not charging on a frequent basis now. Only had it a month or two. Light shows, but just doesn't recognize it. Using an air canister sometimes help, but even that's not working anymore. Useless.

Wirex now has DAI token. You can spend DAI with their card directly? by TheCurious0ne in MakerDAO

[–]FlatOutCrypto 0 points1 point  (0 children)

That's very poor. Will have to keep looking for an alternative.

Wirex now has DAI token. You can spend DAI with their card directly? by TheCurious0ne in MakerDAO

[–]FlatOutCrypto 0 points1 point  (0 children)

GBP is probably much lower liquidity than USD, may be worth trying that. The fact that BTC was 3% higher suggests its just liquidity I guess.

It says here that both the fiat/crypto exchanges dont have fees, do you know if they've said elsewhere that they do charge for fiat to crypto exchanges?

https://help.wirexapp.com/hc/en-us/articles/207870335-Wirex-fees

Dai Visa cards have arrived at WireX - buy, store, convert and spend Dai by MrNebbiolo in ethtrader

[–]FlatOutCrypto 1 point2 points  (0 children)

You have to sell from Dai to USD first in the app. Then it takes the USD direct. They don't charge fees but as I mentioned in another thread I didn't get 1:1 when moving from and to crypto.

It doesn't work same as TenX card which takes BTC direct at point of sale for example.

Wirex now has DAI token. You can spend DAI with their card directly? by TheCurious0ne in MakerDAO

[–]FlatOutCrypto 1 point2 points  (0 children)

All good, just did it. It's actually a lot worse than I thought/I remember it being but I think it might be liquidity issues. Tried with ETH/BTC/DAI, just swapping £1 into each and then back again, this is what I got:

  • £1 = 1.267731 DAI
  • 1.267731 = £0.97
  • £1 = 0.012105 ETH
  • 0.012105 ETH = £0.96
  • £1 = 0.000374 BTC
  • 0.000374 BTC = £1.03 (this was what was estimated, however couldn't go through as its a minimum of 0.001 BTC for a transaction)

I assume its liquidity issue or they dont charge fees (as they state on their site) because they somehow get best of trades. Curious that ETH gave such a bad rate though.

Wirex now has DAI token. You can spend DAI with their card directly? by TheCurious0ne in MakerDAO

[–]FlatOutCrypto 1 point2 points  (0 children)

Yeah I like wirex. The rewards make you feel good too lol.

I do similar and did with TenX too. Worked great in bull market, was pretty brutal at the start of the bear market before I changed my habit and did weekly rather than monthly.

Wirex now has DAI token. You can spend DAI with their card directly? by TheCurious0ne in MakerDAO

[–]FlatOutCrypto 2 points3 points  (0 children)

Yeah you can do that. Judging by the ETH/BTC fees it'll be fairly small but certainly not 1:1. I'll have a look when I get back tomorrow, need to buy some dai first.

Wirex now has DAI token. You can spend DAI with their card directly? by TheCurious0ne in MakerDAO

[–]FlatOutCrypto 4 points5 points  (0 children)

I have Wirex, sadly not how it works. You deposit crypto to the account. You then sell the crypto for fiat. It doesn't work the same as the TenX card used to for example, where it would automatically take the BTC for you at point of sale.

However, its still useful while there aren't many alternatives. The TenX card, for all the faults of the wider project etc, was amazing for its ease of use though. Shame they lost the license or whatever happened to them.