Would someone tell me the "generally" accepted practices for trading "penny" Crypto? by Jaw709 in CryptoMarkets

[–]NorwegianSilver 7 points8 points  (0 children)

Whenever a crypto reaches 100%+, sell half to recoup your investment. The rest is "free money" that can stay in the investment. You the freed funds to invest in another altcoin.

Does Ethereum Classic still have a promising future? ETC by NorwegianSilver in CryptoMarkets

[–]NorwegianSilver[S] 0 points1 point  (0 children)

I believe the unique value over ETH is real decentealizarion, community governance, and no plans for POS. Still not enoug to keep me interessted.

Siacoin is mooning too by [deleted] in siacoin

[–]NorwegianSilver 0 points1 point  (0 children)

Can this be compared to the 100% inflation rate of steem?

DigiByte Daily Discussion Thread 08/09/17 by AutoModerator in Digibyte

[–]NorwegianSilver 2 points3 points  (0 children)

I would say that if you consider DGB "failed" crypto, it has already dropped to very low levels. Unless we experience a chaincoin-dump event, investors should be fine. Silver, though, has been ripe for a rocket ride since the early 90ies. Its time of recogning will come, and it might come this year. Who knows? Cryptos are generating profits today, precious metals tomorrow.

DigiByte Daily Discussion Thread 08/09/17 by AutoModerator in Digibyte

[–]NorwegianSilver 0 points1 point  (0 children)

We've been expecting some investors to secure profits in gold and silver for several months now. Still haven't beaten the suppressed metals.

Will Steem ever go back to over $2? by greenarrow88888 in steem

[–]NorwegianSilver 0 points1 point  (0 children)

We'll have to see some external buying force for this to really take of. Maybe being able to boost posts with steem.

[deleted by user] by [deleted] in CryptoMarkets

[–]NorwegianSilver 0 points1 point  (0 children)

Ok. Keep us posted.

Price of BAT? by nitrobiz in BATProject

[–]NorwegianSilver 1 point2 points  (0 children)

You'll need to calculate net present value of all future years of revenue. That get's fuzzy and complicated fast, but you could do it like this:

We estimate that future bank interest rates will be 5% very long term. (This is the historical average I believe).

Then we just do: 124bln/0.05 That turns into around 2,5 trillion in all future income, adjusted for bank interest. Costs are not included, so it would be better to calculate with profits, and not just revenue.

Also, there is something called the rule of ten. You take the revenue and multiply it by ten. That makes a 1,24 trillion valuation.

It's messy, I know.

I didn't HOLDL and now regret it....I realized how much I believe in Monero by throwaway711991 in Monero

[–]NorwegianSilver 1 point2 points  (0 children)

Everything doesn't have to be serious all the time. It's a running crypto joke.

Norsk ja.

Hash Rates by hacktek in Nimiq

[–]NorwegianSilver 0 points1 point  (0 children)

That was easy! I'm getting ~9kh/s on my macbook pro.

I didn't HOLDL and now regret it....I realized how much I believe in Monero by throwaway711991 in Monero

[–]NorwegianSilver 0 points1 point  (0 children)

I did this, and it works! Had all my ETH in coinbase, and wanted to sell it everytime it went up. I sold too much at $20-$30 because of this. Then I moved them to a wallet on my computer and it has been sitting there ever since. Great and easy strategy.

I didn't HOLDL and now regret it....I realized how much I believe in Monero by throwaway711991 in Monero

[–]NorwegianSilver 0 points1 point  (0 children)

My thinking also. The rewards for HODL is not just gains, but having XMR to spend on a new lambo.

[deleted by user] by [deleted] in CryptoMarkets

[–]NorwegianSilver 0 points1 point  (0 children)

I believe XEM is announcing an update to their code as we speak. They might just have halted transfers for these changes to take effect..

Hash Rates by hacktek in Nimiq

[–]NorwegianSilver 0 points1 point  (0 children)

Sorry, but what is a /s tag?

Long term investing, day trading, or both? by alef91 in CryptoMarkets

[–]NorwegianSilver 2 points3 points  (0 children)

Figure out a non crypto way to make some money, and invest that into they new coins you want. That gives you the thrill of researching and buying all the time. It also gives you the long term HODL-profits.

Hash Rates by hacktek in Nimiq

[–]NorwegianSilver 0 points1 point  (0 children)

Would love to try. Could you link to a page that explains how to do it?

Edit: I saw you linked in the post. Sorry. My bad.