Isn't the Metropolis hard fork considered an advancement? I believe they've already implemented the first stage of that, with the second coming in early 2018.
No advancements was maybe an overstatement, but Metropolis doesn't solve the critical issues and is only a small step imo. Unless they can come up with real solutions (which they haven't yet, Vitalik has only shown a bit of brainstorming), there are very few reassuring news atm.
Its expected and nothing wrong with it. The point of Bitcoin is decentralization which is the opposite of what governments would offer.
I was watching CNBC earlier and saw some stuff already known, and some new stuff I learned : Bitcoin will be going a bit more mainstream in a few days when both CME and CBOE begin trading bitcoin futures. CME begins on the 10th and CBOE on the 18th. NASDAQ will join in sometime next year. CBOE plans to apply for a bitcoin ETF despite the fact the SEC turned down bitcoin ETFs not too long ago citing it was unregulated. They're saying the fact that futures are being introduced may help their cause this time. What may also help is the fact the futures will will have margin limits (30% for CBOE and 35% for CME) and price limits. The CME said they'll be using price limits that kick in for either gains or losses of 7, 13, or 20% to slow or halt trading and that prices wouldn't be able to move up or down more than 20% from the previous day's close. I think I also read that Cantor Fitzgerald is trying to bring bitcoin binary options. This is going to allow the big boys to get in on the bitcoin investing. Of course it also allows them to short it. It'll be interesting to see over the next few months how bitcoin trades based upon this and how it influences the other cryptocurrencies.
My biggest fear is regulation. The best part of CC's were it's black market, extremely volatile area. It was like commodities in the early 2000s. With all this coming in, it'll start being watched way too carefully. SIL
I would love to buy a bitcoin ETF on my Schwab account. It would add an element of safety that is lacking in the current exchanges.
IOTA trading like a yo-yo. High $2s, low $2s, now at $2.78. I am not trading it. Hold for a couple of years.
Total n00b here. Been aware of crypto for a long time but haven't been keeping tabs on news until recently. Can someone give me a couple of must-have Twitter follows for this stuff? I am wondering if taking a 100% increase on a 2 day investment is too short-sighted. I was thinking maybe it would be better to get back into BTC as it is maybe still moving? I dumped my ETH into BTC 2 weeks ago then I bought some IOTA off Binance with BTC transfer from my Coinbase wallet. This thing still has an almost impossible chance of actually becoming as valuable in USD price as say Ether is right now right? And the no wallet security thing also makes me a bit uneasy too.
Sure, that's true. I would also add I'm not talking about a ton of $$$ here. I'm a low-risk high-reward kind of guy. I have just enough in to make it interesting if things go well. I'm more interested in taking some baby steps and doing some learning. I will add I'm up about 1200% since my initial investment in March. Dumb luck but wouldn't have happened without keeping tabs on this thread.
Like Hakeem, I picked up for a long hold as well given the scope of their project and their partnerships and what it could be. I actually picked up some more when it dipped and I will probably pick up some if it dips again. The other one that I am going to pick up some more shares of is ARK. Mainly because of what they are doing as well and I think a spike is coming since according to their roadmap they are 98.25 percent done with their mobile wallet which will for sure bring some attention and pump it up a bit. Nothing wrong with taking the profits, but if you have a little cash you can set it and forget it, then leave it in a couple of these and see if the **** sticks. That's what I am kind of doing with Ark and IOTA at the moment.
Good point. At this point I can split my 100% increase and have my initial BTC back in wallet and the remaining IOTA is floating. My sense is that I kind of want to have a few irons in a lot of fires but I don't want to spread it too thin because most of these will go bust.
Yeah exactly, the only ones that I am holding on too I feel they have something decent they are working on which could be long term. I'm playing with profits from my TD Ameritrade account so what I am risking won't kill me if the do end up nothing. But if they hit, then at least I'm not saying what if as I did with BTC when I could have bought at 200 and didn't because honestly got lazy and too caught up with life. There are a lot of coins that you can just play the spread and make quick bucks while it lasts...then it's about finding a couple that might have a much longer shelf life, which I hope I have lol. Lets revisit in a couple years and see if it all worked out lol @moestavern19 I just noticed this. I wouldn't worry too much about that right now becuase they are coming out with a new user friendly version pretty soon. For someone into the crypto game they know the situation and how to make new addresses etc. It's a lot of the new people that just jump in and are used to a much easier plug and play wallet style that are getting burned with it. They are spending most of their time and efforts in the tech and their partnerships with Microsoft, and other big players is a sign that their tech has something there. A nice fancy wallet is nothing without something of substance behind it in my opinion.
Just a noob's opinion. Like IOTA's tech, but I hate the float -- something like 2.7 billion coins. If it ever became to dominate the industry, price wise it will be capped in the low $100. Yep, there is only one BTC with their low float.
Haha... I feel that IOTA is in the accumulation period, and then hopefully will break out of this range ($2-3). Hey man, my wagon is hitched to yours so this thing better work. lol
