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07-04-2017, 11:43 AM #2131
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07-04-2017, 12:16 PM #2132
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07-04-2017, 12:17 PM #2133
Nexus skyrocketing after the release of their long-anticipated whitepaper
http://nexusearth.com/downloads/nexus-peer-peer.pdf
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07-04-2017, 12:25 PM #2134
- Join Date: Jun 2010
- Location: Saint Louis, Missouri, United States
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Wish I could have mined more but something happened a week ago and instead of getting 10-14/day with my 1070 I haven't been getting chit. Holding until at least the September conference.
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07-04-2017, 01:00 PM #2135
One thing that makes me wary about eth is that all these icos which are utterly bombing (bancor being the biggest) gives eth a very bad name, wouldn't be surprised to see it go down. I'm moving my stuff into different coins. Only holding a very little eth.
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07-04-2017, 01:02 PM #2136
Yea but its gone down quickly again.
More of the "sell the news" shenanigans?
I thought it would keep rising tbh.
Ive now tripled my investment but my original was measly
Edit: guess I'm trying to discern if the dip was "sell the news" bs or some people disappointed in the white paper
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07-04-2017, 01:07 PM #2137
fuark it wouldve been a nice wave to ride but man....looking at this dev team, how am i supposed to be impressed/confident about them at all?....
http://www.nexusearth.com/team.html
no linkedin profiles, 2 members seem to be father and son, a developer that doesnt list any formal education lol and listin a frickin personal assistant?
and the founder? just listed a bunch of trend words-"Alternative energy · Consciousness · Cryptocurrency · Economics · Electrical Engineering and Computer Science · Electromagnetism · Frequency · Infinity · Inventing · Luthier · Mechanics · Musical Composition · Musical Instruments · Philosophy · Physics · Psychoanalysis · Self-sufficiency
****n@nexusoft.io"
no education or experience written....
only 1 guy on that team looks to have any sort of credible background history.
good god 60mil valuation from that team? we could prob make a misc team better looking than that.reps for life:theheffnerr, AlphaMisc, Ancient Olympia
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07-04-2017, 01:11 PM #2138
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So do you think it's better to try and time the market and sit on a stack of cash for weeks hoping to time that one next big dip? Or would you prefer I post some random bullchit graphs from some random blog and pretend that's the holy grail to crypto advice? What kind of discussion are you actually looking for? Or did you just want to throw out a cheap insult?
You didn't even understand the point I was trying to make and just started insulting me out of nowhere. ++ Positive crew ++ lmao. Because I actually am a positive guy I'll give you a proper response anyway. The point I was trying to make is that what matters is your time in the market. And you shouldn't time the market or you will just miss out. IF you think whatever coin you are investing in is a good long term hold it trying to time the market will only make you miss out. If you truly think LTC will hit 300 dollars. Whether you think it will be around august, by the end of the year or in 3 years. It would be an AMAZING investment and isn't very important whether you buy in at 40, 50 or 60 dollars. I believe ETH is a good long term investment so for me it's not that important whether I buy my coins now at 200, 300 or 400 euros a piece.
If to you that is "unrealistic analysis advice" maybe it's you who is new to the world of investing. I've been investing in a variety of things and started up different companies before bitcoin even existed. I don't need to waste my time to "shill" to try and get a few miscers to put a few hundred bucks into a multi million dollar market.
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07-04-2017, 01:14 PM #2139
Agreed..somewhat
Ive tried to get a gauge on the team.
****n csntrell is the son of Jim Cantrell who was the cofounder of spacex with elon musk.
Agreed about his education, however, I've watched a few videos of ****n and he does appear educated. Supposedly, because of his father, who now runs vector space systems (rockets), he's been a literal "rocket scientist" since 16
I was actually coming to post that I was interested in knowing how involved his father is and if he supports/ develops with ****n.
I do know nexus and vector are "partners" but I'm wondering if it's not some little fun side gig his dad would vaguely support him on as opposed to a super serious project.
One thing that I find a little bit annoying about the nexus community is they seem the ultra liberal type - hippyish --> "fuk the gvt., we'll stick it to the man" types
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07-04-2017, 01:14 PM #2140
relax, u mad.
i hear you on that, being that even putting a market order on eth is fine in the long run like years from now. just dumbass blanket advice statements like '2k eth in 3 months' from someone who made their first entry position last weekend make us look retarded from anyone serious reading this thread. thats all.
if were going to put out analysis and advice, atleast put some backup to it. thats all.reps for life:theheffnerr, AlphaMisc, Ancient Olympia
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07-04-2017, 01:17 PM #2141
If Jim Cantrell is on board I would imagine that his connections with Elon Musk would be pretty huge
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07-04-2017, 01:20 PM #2142
It's kolin Cantrell with a "c" instead of "k" but misc blocks (c)oli
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07-04-2017, 01:20 PM #2143reps for life:theheffnerr, AlphaMisc, Ancient Olympia
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07-04-2017, 01:25 PM #2144
Nexus has been a partner with vector space systems and has been updating vector's progress along with nexus
I believe the plan is to install satellites in space via these rockets
https://www.fool.com/amp/investing/2...-has-begu.aspx
What I mean is it appears at least a little bit developed, though there is a chance vector has nothing to do with nexus
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07-04-2017, 01:31 PM #2145
i just still get a bad vibe from it tbh. partnership with a billion dollar industry company but have a team and website that looks like highschool quality? how the hell would any legit board member or executive from vector approve of that lol?
part from their website
""I'm better with code than with words"
If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
i want to stab my eyes that any company that writes something like that can have a 60mil market capLast edited by IceCoal; 07-04-2017 at 01:45 PM.
reps for life:theheffnerr, AlphaMisc, Ancient Olympia
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07-04-2017, 01:38 PM #2146
- Join Date: Jan 2012
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I can see how it could come across, especially posted by someone who is new in the market. All I'm saying is that time in the market is what counts, and that trying to time the market is futile. Or to paraphrase Warren Buffet. It doesn't matter if you missed the last bus, there will always be another bus. Although this statement should probably be interpreted more broadly. My post which you interpreted as a dumbass blanket advice statement was just a manifestation of this opinion.
Most of the actual "serious" discussion/advice on the short term I just take with a grain of salt. Because almost every prediction people follow is some random blog post, some random graph analysis. People "predicting" that LTC will be 300 dollars by august are just as full of chit as me, a newbie, saying ETH will be at 2000 in 3 months. Also, just because I've bought my first ETH this week (fking Kraken) doesn't mean I just heard about it, or crypto in general, for the first time this week.
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07-04-2017, 01:43 PM #2147reps for life:theheffnerr, AlphaMisc, Ancient Olympia
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07-04-2017, 02:05 PM #2148
Yeah these get rich quick ICOs are really taking advantage of the ride lately..I think blockchain owners really need to start implementing some minimum standards to allow businesses on or be endorsed by owners.. the rise and fall of ICOs would put some responsibility back onto blockchains. Education, team, experience, financials etc should be evaluated for credibility, the notion of decentralization is turning blockchains into the wild west where greed is king.
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07-04-2017, 02:05 PM #2149
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No worries. I'll be a good contributing member and you weren't entirely wrong to judge that as a chit post lmao. About the Nexus, that does look a whole lot like Sr. Hillbilly and Jr. Hillbilly are trying to make some quick cash. But I'm withholding judgement on the project as a whole without more information.
Which actually made me think, what are the requirements that you need to launch your own ICO? I was talking with a mate with whom I run a business and we were talking about dipping our toes in the water and actually launching some kind of project ourselves with a third guy. But of course it's in extremely early stages and we're still even figuring out some stuff that should probably be basic knowledge for us already.
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07-04-2017, 02:39 PM #2150
- Join Date: May 2010
- Location: Texas, United States
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GDAX users that have been crazy enough to turn on margin trading..
What option did you guys select? None of them are applicable to me obviously.
Thinking about just selecting the one that net worth is over 5 mil
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07-04-2017, 02:52 PM #2151
http://www.trustnodes.com/2017/06/30...diligence-icos
Apparently they are trying to implement a judging guide but with the primal basis of decentralization being no regulating body lol, its gonna be tough.
prob just whitepaper, website and a contribution wallet address lol. not really sure but I wouldnt be surprised if chit was that easy. also, prob best to be based in a country with more relaxed laws/politics. Dont think SEC/IRS would take too kindly to scam us-based icos.reps for life:theheffnerr, AlphaMisc, Ancient Olympia
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07-04-2017, 02:54 PM #2152
Wait.. which website are you looking at? http://www.nexusearth.com
Ive barely perused it but it looks like one of the best out there imo
Was also impressed with the white paper's look; have not read through it yet
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07-04-2017, 02:58 PM #2153
nexus about to get pumped again
Make Misc Great Again
Not in any crew crew
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07-04-2017, 03:04 PM #2154
Oh chit wait.. I see the part you're talking about. Looks pretty bad
Hopefully it's a part they haven't gotten to. The blurbs look like they've been copied and pasted from somewhere
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07-04-2017, 03:07 PM #2155
Nobody talking about Tezos ICO? It's be sold as a currency and not a 'token'. It's a supposedly a smart contract platform without the pitfalls of ethereum.
They are poised to be the biggest ICO yet. I was considering it but they have an uncapped offering. https://www.tezos.com/
Already got XBT 51,966 ETH 263,759 = $129,915,000 + $71,214,930. Insane what type of money a website and whitepaper can garner in this crypto craze.
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07-04-2017, 03:24 PM #2156
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07-04-2017, 04:41 PM #2157
- Join Date: Mar 2009
- Location: North Carolina, Singapore
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Sloots come and go but moms are forever
Get to know your parents: you never know when they'll be gone for good.
Be nice to your siblings: they're your best link to your past and the people most likely to stick with you in the future.
Enjoy your body: use it every way you can. Don't be afraid of it or of what other people think of it: it's the greatest instrument you'll ever own.
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07-04-2017, 04:59 PM #2158
ltc to the moon! have been day trading ltc for past day or 2, couldve made more gainz just hodling lulz
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07-04-2017, 05:10 PM #2159
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07-04-2017, 05:11 PM #2160
- Join Date: Jan 2012
- Location: -, -, Netherlands
- Age: 33
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The Netherlands is really easy with crypto atm (you just have to register the amount of btc/eth/whatever you have on 1 january and pay a flat tax capital gains tax rate of like 2,4% of something over the total amount. But, with all of this stuff being anonymous in reality you pay no taxes over it. With business tax law it's actually pretty great too. I half-majored in Dutch tax law. Extremely lenient. There's a reason why a chitload of huge companies like Nike have their European HQ etc. in the Netherlands. I got all credits but never bothered doing a thesis because it's soooooo boring.
Anyway I've got the option to do it in two countries. The Netherlands because I was born there and Colombia because I live there. But for fund raising I imagine it would look really bad to put the company inside of Colombia. Or I'd have to figure out some construction where the investors don't know the money will all go to Colombia. And if it'll be millions I can just go to the Seychelles and play the flat yearly rate of like 200 euros to have a company there. But honestly I think the tax side will be one of the easiest sides for us.
It would be funny if really all it would take is a whitepaper, a website and a contribution wallet address. It really would not even surprise me.
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