Frozenbeernuts 2,236 Posted December 8, 2017 I haven't heard anything about this, but I wouldn't be to concerned It still is in the development phase. https://www.forbes.com/sites/amycastor/2017/09/07/mit-and-bu-researchers-uncover-critical-security-flaw-in-2b-cryptocurrency-iota/#5ebd35167570 Share this post Link to post Share on other sites
iam90sbaby 2,580 Posted December 8, 2017 https://www.forbes.com/sites/amycastor/2017/09/07/mit-and-bu-researchers-uncover-critical-security-flaw-in-2b-cryptocurrency-iota/#5ebd35167570 The article was written 3 months ago its climbed to the 5th highest since then. I understand the concern but I wouldnt worry to much about it. That error is something that can be fixed and they likely already have. Share this post Link to post Share on other sites
nobody 2,653 Posted December 8, 2017 They have already fixed it. Just get rich people! Share this post Link to post Share on other sites
penultimatestraw 473 Posted December 8, 2017 That's exactly the point. The centralized model will not scale to meet the demand of the IoT. Furthermore, the cryptographic processes inherent in all blockchains will not only make it perfect for the transactions themselves, but also the security of the actual devices. You need think about it as investing on the technology itself, than just the current crypto currency uses. Device authentication, control layers, security, etc.Yep, I like that idea a lot better than conjuring up a bunch of cash by virtual mining - I know fiat currency is artificially created as well, but at least there is some regulation. Share this post Link to post Share on other sites
frank 2,294 Posted December 8, 2017 They drink the drinks, the drinks they drank I put my money in the bank Share this post Link to post Share on other sites
vuduchile 1,945 Posted December 9, 2017 Interesting. This came as the Coinbase app skyrocketed to temporarily holding the No. 1 downloaded free app spot in the App Store. https://www.yahoo.com/tech/coinbase-ceo-apos-please-invest-182042433.html?exp=vv Share this post Link to post Share on other sites
vuduchile 1,945 Posted December 9, 2017 I bought some bitcoin today on a slight dip, so now I have a small piece of the big 3. Share this post Link to post Share on other sites
Frozenbeernuts 2,236 Posted December 9, 2017 I have more than doubled my investment. Small potatoes... $4700 gain so far. 1 Share this post Link to post Share on other sites
titans&bucs&bearsohmy! 2,745 Posted December 9, 2017 A friend of mine has made a bunch of money over here selling jewelry. He invested all that in bitcoin and is estatic right now. He said he just bought 30 machines and is opening a crypto mine in Mongolia. Idk what that means exactly, but damn. Hes telling me to buy Litecoin ASAP. Says it is going to the moon soon. Share this post Link to post Share on other sites
vuduchile 1,945 Posted December 9, 2017 A friend of mine has made a bunch of money over here selling jewelry. He invested all that in bitcoin and is estatic right now. He said he just bought 30 machines and is opening a crypto mine in Mongolia. Idk what that means exactly, but damn. Hes telling me to buy Litecoin ASAP. Says it is going to the moon soon. LTC is running up now. Up 50% in the past 24 hours. Share this post Link to post Share on other sites
IMMensaMind 462 Posted December 9, 2017 Because there are 2.78 billion coins, and it's now at a huge market share. It seems the market share would need to grow astronomically to gain another couple hundred percent My buddy who spends all his time on this told me, low market share and low circulation have the largest potential for growth. High market share and high circulation have lower potential I agree with this, with a mix of credible acceptance in there as well. It's why I like ETH and LTC best. LTC just hit 160 btw. Share this post Link to post Share on other sites
Frozenbeernuts 2,236 Posted December 9, 2017 I only bought $300 of LTC when it was $100/coin Share this post Link to post Share on other sites
RaiderHaters Revenge 4,316 Posted December 9, 2017 I got 568 ltc at 88 and 1 ltc at 432 Also my mom got 1 btc at 9100 Share this post Link to post Share on other sites
WhiteWonder 2,723 Posted December 9, 2017 is coinbase still the preferred method for buying one of the big 3? thats where my few ETH are but if there is a better service let me know Share this post Link to post Share on other sites
Frozenbeernuts 2,236 Posted December 9, 2017 is coinbase still the preferred method for buying one of the big 3? thats where my few ETH are but if there is a better service let me know Gemini.com has cheaper fees Share this post Link to post Share on other sites
Reality 3,121 Posted December 9, 2017 I got 568 ltc at 88 and 1 ltc at 432 Also my mom got 1 btc at 9100 So your LTC is worth about 90k right now? Nicely done. I don't have near that kind of investment but, my chunk of LTC is @ 57. Killing it. Share this post Link to post Share on other sites
Mookz 1,341 Posted December 9, 2017 So your LTC is worth about 90k right now? Nicely done. I don't have near that kind of investment but, my chunk of LTC is @ 57. Killing it. Yeah but he really overpaid for that 569th LTC. Think he meant ETH Share this post Link to post Share on other sites
Reality 3,121 Posted December 9, 2017 Yeah but he really overpaid for that 569th LTC. Think he meant ETH Share this post Link to post Share on other sites
Reality 3,121 Posted December 9, 2017 ATH's for ETH & LTC, enjoy the ride folks. Nothing wrong with taking some profits as well... Thanks again 90's, I know there has been a lot of good back and forth about the sector but, these tips have turned into real substantial money for those of us in early. Of course, plenty of $$ to still be made. Excited going forward. Some are obviously here just to troll but, that's ok as well, discussion helps all of us learn. Missing out sucks also, so I get that part of it, easy to tell in the tone. Share this post Link to post Share on other sites
Frozenbeernuts 2,236 Posted December 9, 2017 ATH's for ETH & LTC, enjoy the ride folks. Nothing wrong with taking some profits as well... Thanks again 90's, I know there has been a lot of good back and forth about the sector but, these tips have turned into real substantial money for those of us in early. Of course, plenty of $$ to still be made. Excited going forward. Some are obviously here just to troll but, that's ok as well, discussion helps all of us learn. Missing out sucks also, so I get that part of it, easy to tell in the tone. I will always be bitter that I passed up a chance to be a millionaire Share this post Link to post Share on other sites
RaiderHaters Revenge 4,316 Posted December 9, 2017 So your LTC is worth about 90k right now? Nicely done. I don't have near that kind of investment but, my chunk of LTC is @ 57. Killing it. I just realized what that said. I bought 568$ worth at 88 a share no I bought 5 Share this post Link to post Share on other sites
vuduchile 1,945 Posted December 9, 2017 Threw some more cash on the big three today. Still thinking about the recent trading volume and am betting it will continue to surge. Share this post Link to post Share on other sites
Frozenbeernuts 2,236 Posted December 9, 2017 Threw some more cash on the big three today. Still thinking about the recent trading volume and am betting it will continue to surge. At what point are you looking to cash out? Share this post Link to post Share on other sites
SUXBNME 1,484 Posted December 9, 2017 They drink the drinks, the drinks they drank I put my money in the bank Share this post Link to post Share on other sites
vuduchile 1,945 Posted December 10, 2017 At what point are you looking to cash out? I dont have a target yet. Id like to see how things shake out over the next 12 months. Share this post Link to post Share on other sites
twcsux 4 Posted December 10, 2017 Havent posted here in years but still visit and have been following this thread for awhile. Ive been involved with cryptos since before the Mt. Gox debacle and I cant stress enough that those of you who plan on holding the coins for awhile follow 90s advice and get them into an offline wallet or at the very least use the coinbase vault wallet. I learned the hard way, Id rather you guys didnt. It may have been mentioned earlier but those of you buying at Coinbase please stop. No reason to pay those ridiculous fees. Theve got an exchange called GDAX. Same username/password as Coinbase. Heres a link on how to fund GDAX with USD. https://support.gdax.com/customer/portal/articles/2430145 Share this post Link to post Share on other sites
twcsux 4 Posted December 10, 2017 Saw Iota mentioned above. Get some Iota, I’m with 90s on this, potential is off the charts. Some misconceptions above about Iota. There are 2.8 quadrillion Iota. What we are buying are miota, 1 million Iota. “Iota is specifically designed for machines, so this high supply makes IOTA optimal for tiny nanotransactions while still keeping efficiency in mind." Is Iota a blockchain? Nope Iota is the Tangle. Solves the blockchains biggest flaw, scalability. This explains the difference pretty good. https://ukcryptocurrency.com/iota/tangle-vs-blockchain/ Binance best place to get it. 0.05% fees, think somebody had a referral link earlier. Merry Cryptomas! Share this post Link to post Share on other sites
RaiderHaters Revenge 4,316 Posted December 10, 2017 https://www.yahoo.com/tech/australia-soon-blockchain-based-stock-130300594.html this could be really big Share this post Link to post Share on other sites
Frozenbeernuts 2,236 Posted December 10, 2017 Every time Bitcoin's price is mentioned, it's stated as "It surged past..." It's kind of annoying to see every site use the same phrase to describe it Share this post Link to post Share on other sites
Mookz 1,341 Posted December 10, 2017 Saw Iota mentioned above. Get some Iota, I’m with 90s on this, potential is off the charts. Some misconceptions above about Iota. There are 2.8 quadrillion Iota. What we are buying are miota, 1 million Iota. “Iota is specifically designed for machines, so this high supply makes IOTA optimal for tiny nanotransactions while still keeping efficiency in mind." Is Iota a blockchain? Nope Iota is the Tangle. Solves the blockchains biggest flaw, scalability. This explains the difference pretty good. https://ukcryptocurrency.com/iota/tangle-vs-blockchain/ Binance best place to get it. 0.05% fees, think somebody had a referral link earlier. Merry Cryptomas! Good stuff, sir. Merry Cryptomas to you too. I hadn't posted that Binance referral link publicly, but here it is if anyone is interested: https://www.binance.com/?ref=12137633 Share this post Link to post Share on other sites
iam90sbaby 2,580 Posted December 10, 2017 Good stuff, sir. Merry Cryptomas to you too. I hadn't posted that Binance referral link publicly, but here it is if anyone is interested: https://www.binance.com/?ref=12137633 I will use your reference link. Getting it setup sometime this week. Share this post Link to post Share on other sites
iam90sbaby 2,580 Posted December 10, 2017 Saw Iota mentioned above. Get some Iota, Im with 90s on this, potential is off the charts. Some misconceptions above about Iota. There are 2.8 quadrillion Iota. What we are buying are miota, 1 million Iota. Iota is specifically designed for machines, so this high supply makes IOTA optimal for tiny nanotransactions while still keeping efficiency in mind." Is Iota a blockchain? Nope Iota is the Tangle. Solves the blockchains biggest flaw, scalability. This explains the difference pretty good. https://ukcryptocurrency.com/iota/tangle-vs-blockchain/ Binance best place to get it. 0.05% fees, think somebody had a referral link earlier. Merry Cryptomas! It wont stay this low for long. Share this post Link to post Share on other sites
peenie 1,915 Posted December 10, 2017 I admit that I don't know a darn thing about stocks or Bitcoin or anything. I have $2500 to spend and if I lose all of it it won't affect my life. What is it that you guys are suggesting would be good to invest in? I tried reading this thread but all the arguing just made me jump to the end. My sister bought $200 worth of Bitcoin. I considered buying it a while ago and I was talked out of it due to its link with crime. And can someone just cliff notes this whole bitcoin, Ethernet whatever litecoin thing. Gee whiz... Share this post Link to post Share on other sites
iam90sbaby 2,580 Posted December 10, 2017 I admit that I don't know a darn thing about stocks or Bitcoin or anything. I have $2500 to spend and if I lose all of it it won't affect my life. What is it that you guys are suggesting would be good to invest in? I tried reading this thread but all the arguing just made me jump to the end. My sister bought $200 worth of Bitcoin. I considered buying it a while ago and I was talked out of it due to its link with crime. And can someone just cliff notes this whole bitcoin, Ethernet whatever litecoin thing. Gee whiz... $750 worth of Bitcoin $1000 worth if Ethereum $500 LTC $250 IoTA Would be a good start. Share this post Link to post Share on other sites
peenie 1,915 Posted December 10, 2017 $750 worth of Bitcoin $1000 worth if Ethereum $500 LTC $250 IoTA Would be a good start. Okay! But, do I have to get a special wallet? A Charles Schwab account? Share this post Link to post Share on other sites
iam90sbaby 2,580 Posted December 10, 2017 Okay! But, do I have to get a special wallet? A Charles Schwab account? Get Coinbase to get Bitcoin, Ethereum and Litecoin and use Mookz link for Binance to get IoTA. After you get them let me know and Ill help you get setup on a cold storage wallet so they arent online. Share this post Link to post Share on other sites
peenie 1,915 Posted December 10, 2017 Okay, thank you! Share this post Link to post Share on other sites
vuduchile 1,945 Posted December 10, 2017 Good stuff, sir. Merry Cryptomas to you too. I hadn't posted that Binance referral link publicly, but here it is if anyone is interested: https://www.binance.com/?ref=12137633 I transferred some ETH and LTC to binance so I could buy some IOTA. Thus far, the transactions still show as pending on binance, but completed with a confirmation email from coinbase. And now I cant seem to find a LTC to IOTA exchange there. Id hoped these currencies would move quicker, but I guess thats too much to hope for at this point in the game. ETA: finally completed and Im in on IOTA. Had to buy BTC with LTC then IOTA with BTC. Hopefully you get something for the referral. Thanks! Share this post Link to post Share on other sites
vuduchile 1,945 Posted December 11, 2017 IOTA s blockchain-based marketplace will allow businesses to sell data in an effort to create incentive for the sharing of data that would otherwise be wasted. Five brand-name businesses have already signed up to test the two-month demo, including software giant Microsoft (NASDAQ: MSFT), Cisco Systems, Samsung, Volkswagen, and Fujitsu https://finance.yahoo.com/news/forget-bitcoin-iota-just-partnered-141200301.html Share this post Link to post Share on other sites
Mookz 1,341 Posted December 11, 2017 I transferred some ETH and LTC to binance so I could buy some IOTA. Thus far, the transactions still show as pending on binance, but completed with a confirmation email from coinbase. And now I cant seem to find a LTC to IOTA exchange there. Id hoped these currencies would move quicker, but I guess thats too much to hope for at this point in the game. ETA: finally completed and Im in on IOTA. Had to buy BTC with LTC then IOTA with BTC. Hopefully you get something for the referral. Thanks! Sweet vudu, it is saying I have a referral friend! It gave me .00000079 BTC, which is currently about $.01. Share this post Link to post Share on other sites
