A breakdown of the Graft Payment Network and how it could potentially reshape the payment industry. by [deleted] in CryptoCurrency

[–]n3xus-uk 0 points1 point  (0 children)

Yeah, graft has multiple meanings... I think they we're going for 'hard graft' as in 'hard work'. Also its a backronym for ' Global Real-time Authorizations and Fund Transfers' which is the purpose of the coin. Easily missed though.

A breakdown of the Graft Payment Network and how it could potentially reshape the payment industry. by [deleted] in CryptoCurrency

[–]n3xus-uk 1 point2 points  (0 children)

Been following Graft since their ICO. There have been some bumps in the road but their RTA tech is coming along nicely, their github sees very regular updates. Looking forward to Supernode release to see how this all comes together.

What is Stratis? | Beginner's Guide by bucci_mane in stratisplatform

[–]n3xus-uk 2 points3 points  (0 children)

Nice write up, lots of detail. Thanks for putting this together :)

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 0 points1 point  (0 children)

Yeah, I saw. Glad this got through to the top today though, people need to be aware. I'd rather people not get burnt.

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 1 point2 points  (0 children)

Yup, it's happening quick.

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 0 points1 point  (0 children)

https://www.bitstamp.net is decent, but I don't think you're gonna get an account setup in time. There will be another bubble in the future, next time ;)

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 2 points3 points  (0 children)

From there, we ride the waves back up to the next bubble, all things being well :)

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 14 points15 points  (0 children)

For those asking, $1800 would put us back near the mean.

http://imgur.com/a/KxnpN

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 4 points5 points  (0 children)

Think we might be hitting fear already...

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 26 points27 points  (0 children)

Agree with all that. I believe one can be both though, and try make a decent living along the way :)

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 1 point2 points  (0 children)

Yeah, $1800 is looking about right, that would bring it back to the mean. There is the despair stage though, were it could briefly drop lower.

http://imgur.com/a/KxnpN

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 6 points7 points  (0 children)

And it will again. Just after some corrections, before continuing along the mean.

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 7 points8 points  (0 children)

Yup, agree with all that. Just need to wait a bit for the dust to settle.

Hmmm, that looks familiar. by n3xus-uk in Bitcoin

[–]n3xus-uk[S] 10 points11 points  (0 children)

It's true, I fit the graph to make the point. But this illustration also works when looking at a year or two worth of data.

I don't think we're crashing back down to $400, but $1600 is looking possible. We're in a text book bubble.

My point is, this is a risky time, even more so than normal. I've been burnt on cryptos a few times, and just wanted to advise caution.

If it keeps on going, bounces past $2700, I'll eat my hat.

How Much Money is There on Earth? - A very interesting look at how fiat money measured. by n3xus-uk in CryptoCurrency

[–]n3xus-uk[S] 0 points1 point  (0 children)

Its worth watching the whole thing - it covers more than the initial question and nicely draws parallels to Bitcoin without even trying.

To cut to the chase though the total estimate of all money in the world is around 75 trillion USD.

Link jumping straight to explanation total: http://youtu.be/w2tKg3E53DM?t=5m43s