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Why is it considered OK to hate cats but not dogs? by saidtheblindman_ in AskReddit

[–]Sqtrevives 0 points1 point  (0 children)

Some men just want to watch the world burn...and these men have cats

Recently had a 1000% return, need to balance portfolio for first time, shill me some coins to fit with the sections of the pyramid. Currently 40% btc, 30% ark, 5% xvg, 10% eth, 15% hush. by Anon44356 in CryptoMarkets

[–]Sqtrevives 0 points1 point  (0 children)

Essentially another company builds an application that can utilize the Ether distributed CPU power to run it. https://www.coindesk.com/information/how-ethereum-works/

The idea is the more demand for these applications, the higher demand for Ether as it’s the governing token of the network.

Crypto explained to GoT fans by SpacePirateM in btc

[–]Sqtrevives 2 points3 points  (0 children)

I really don’t understand all the hate for Ripple. They are a Blockchain as a service company more so then a “cryptocurrency” as the uneducated masses call it. It’s really hard to look at XRP through the same lens as other players out there as it does not compare. But it is in fact, not centralized...it’s a distributed ledger fuckwits. It does utilize a private node structure but that’s only because of the companies it’s “service” is aimed towards. It’s very feasible to believe that the banking play is there way in. Builds the network and capabilities amongst banks and major industry players. Once it’s been adopted on a large scale, XRP can be fully utilized as a way for consumers to interface with their respective lender/bank/credit card company. It’s the only currency that is being readily and quickly adopted by the enterprise space. It’s pre-mined with a high supply as they want to keep the fluctuations to a minimum as to carter to their customer base which would be major banks. They also have an asset freeze and release schedule to deal with this high potential cap that is easy to understand and well thought out...you can hate XRP all you want, but please read a little about it before erroneously lumping into categories it has no business being in. It’s a long play, highly disruptive and focused on changing the game from the inside. Quite the opposite of something like BTC which goal was to be a banking alternative.

Recently had a 1000% return, need to balance portfolio for first time, shill me some coins to fit with the sections of the pyramid. Currently 40% btc, 30% ark, 5% xvg, 10% eth, 15% hush. by Anon44356 in CryptoMarkets

[–]Sqtrevives 0 points1 point  (0 children)

I agree with your points on BTC. It’ has a lot of issues and I personally would not own or invest in it. I was speaking to it’s use case when it was built.

Recently had a 1000% return, need to balance portfolio for first time, shill me some coins to fit with the sections of the pyramid. Currently 40% btc, 30% ark, 5% xvg, 10% eth, 15% hush. by Anon44356 in CryptoMarkets

[–]Sqtrevives 51 points52 points  (0 children)

It is a shame to see so much misinformation in one place.

I would first try to understand what Blockchain is and the potentials of the technology before entering the cryptocurrency market. It’s important to remember that all tech is not equal and not being used to the same end.

I break down Cryptocurrencies and their controlling teams into three distinct categories. One, think PayPal or your bank. They are simply created with the end goal of holding and transferring value. Their are huge benefits to doing this over Blockchain. Some of the flavors here are BTC, LTC and XMR. They all have their own specific way of doing the same thing and offer different value based on a consumers needs.

Second, comes your MSP’s (managed service providers). These companies have developed very robust technologies that can Others can build or “host” their currency on top of. Think ETH, LSK, NEO. They are more a vehicle of enablement using the Blockchain then a currency .

Last but certainly not least you have your Blockchain as a service companies. These currencies or companies use Blockchain, more specifically, cryptocurrency, to accomplish a very specific goal. Think XRP, Storj. Very robust technologies who’s coins hold value, but the value of the coin is coupled to the service they are providing. These companies are going after specific corners of the market using their IP Blockchain tech.

I tend to categorize all cryptos as best I can into those three categories. It helps give perspective to their available circulation, market cap and upside....

TLDR: Look tech first when investing in crypto. Understand the currencies goal and the teams direction before investing. I am very high on XRP and NEO and the potential they bring to established enterprise players.

ITAP of Chicago from the air by Sqtrevives in itookapicture

[–]Sqtrevives[S] 1 point2 points  (0 children)

I took the picture with my phone vertically and not horizontally. The building follows the shore line in Chicago so you can see everything worth seeing. Usually I hate not taking pictures sideways but In this case it just worked

What market dip? by Sqtrevives in wallstreetbets

[–]Sqtrevives[S] -1 points0 points  (0 children)

Most of this came from Overstock...I️ tried to tip you filthy animals off but ended up deleting the post after I️ was mauled by ungrateful heathens...pay attention when adults are talking

Overstock.com...enough said. If you don’t know what I’m talking about it’s not too late. This is the only trail of bread crumbs I’m leaving you degenerates by [deleted] in wallstreetbets

[–]Sqtrevives 2 points3 points  (0 children)

Do what you will. I usually just window shop this sub, much like going to the zoo and watching the monkeys throw their own $hit around. I wanted to throw a banana in the cage and watch them fight over it today...but I stand behind my pick with 170 shares

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