Alternative Cryptocurrencies (General Discussion & Trading)

Gtx Gaming said:
Huge news from ETN. They have patent for instant payments and they will be forking asic resistance before june. Price up 20%
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Yeah that is huge news. Game changer. It's going for $0.02 which is temping, but I have a load already.
 
saor said:
Sooooo....
Gonna be interesting to see how they've built this. Seems like it's more than just transaction speed; some kind of trust mechanism that authorizes transactions before they've been sufficiently verified on the chain?
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From my understanding yes, it works much how Visa does. So purest would argue the hybrid centralisation goes against the spirit of Crypto, so a genius addition for that would be if the fees instead went direct to miners.
 
Final trade - decided not to go with Switcheo (SWH) due to lack of volume and a bit of uncertainty over how well a NEO-based DEX will do in the coming months. Adoption of DEX's is still very small so maybe at a later stage. Decided to go with QASH.

was.png
https://coinmarketcap.com/currencies/qash/
https://liquid.plus/

Lots of info on their reddit: https://www.reddit.com/r/QASH/
Write-up here: https://medium.com/@georgemarusic/quoine-in-q2-2018-why-you-as-a-qash-token-holder-should-care-ac880696e273

● Japan seems to be at least thinking about crypto and seems somewhat friendly toward it - recent news of legalizing ICO's.
● I like that QASH aren't rushing to complete the product - taking their time and releasing proper statements to cover why delays are occurring. Far too many projects try to stick to deadlines and end up releasing sub-par products *ETN cough*.
● I've been wanting to get an exchange-related token for a while. The Binance boat has sailed.

Entered here at green arrow, price might fall 10-20%, keeping an eye on it. Will hopefully ride sideways from here and head up. Markets are fickle right now.

qash.png
 
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saor said:
Final trade - decided not to go with Switcheo (SWH) due to lack of volume and a bit of uncertainty over how well a NEO-based DEX will do in the coming months. Adoption of DEX's is still very small so maybe at a later stage. Decided to go with QASH.

View attachment 513261
https://coinmarketcap.com/currencies/qash/
https://liquid.plus/

Lots of info on their reddit: https://www.reddit.com/r/QASH/
Write-up here: https://medium.com/@georgemarusic/quoine-in-q2-2018-why-you-as-a-qash-token-holder-should-care-ac880696e273

● Japan seems to be at least thinking about crypto and seems somewhat friendly toward it - recent news of legalizing ICO's.
● I like that QASH aren't rushing to complete the product - taking their time and releasing proper statements to cover why delays are occurring. Far too many projects try to stick to deadlines and end up releasing sub-par products *ETN cough*.
● I've been wanting to get an exchange-related token for a while. The Binance boat has sailed.

Entered here at green arrow, price might fall 10-20%, keeping an eye on it. Will hopefully ride sideways from here and head up. Markets are fickle right now.

View attachment 513263
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24h candles in crypto ? Brave.

Hanging man ?
 
Countcrypto said:
Hanging man ?
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Eh - possibly. Tend to find the higher the volatility the less attention I pay to those finer details. Not really too(ooo) worried about a drop if it does; probably won't even stop-loss it tbh. Any projects you're considering? Kinda looking at these, maybe...

Odyssey (OCN): https://coinmarketcap.com/currencies/odyssey/
Matrix AI (MAN): https://coinmarketcap.com/currencies/matrix-ai-network/
TE-Food (TFD): https://coinmarketcap.com/currencies/te-food/
DragonChain (DRGN): https://coinmarketcap.com/currencies/dragonchain/
Ambrosus (AMB): https://coinmarketcap.com/currencies/amber/

^ Some nice low-cap projects there.

Glad I didn't get into Switcheo then...

ss.png
 
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saor said:
Eh - possibly. Tend to find the higher the volatility the less attention I pay to those finer details. Not really too(ooo) worried about a drop if it does; probably won't even stop-loss it tbh. Any projects you're considering? Kinda looking at these, maybe...

Odyssey (OCN): https://coinmarketcap.com/currencies/odyssey/
Matrix AI (MAN): https://coinmarketcap.com/currencies/matrix-ai-network/
TE-Food (TFD): https://coinmarketcap.com/currencies/te-food/
DragonChain (DRGN): https://coinmarketcap.com/currencies/dragonchain/

^ Some nice low-cap projects there.

Glad I didn't get into Switcheo then...

View attachment 513331
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Yeah, that was what I wanted to bring up. Are traditional trading signals valid in crypto given the volatility and irrationality ?
 
Countcrypto said:
Yeah, that was what I wanted to bring up. Are traditional trading signals valid in crypto given the volatility and irrationality ?
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For the most part yes - I find especially the basics like trendlines, volume, support/resistance, moving averages (50, 100, 200), RSI are good enough guides for most medium to long-term trades. I don't really day-trade, so seldom use the hourly (or shorter) charts and indicators - I prefer a good entry and only trading intra-day when there's a chance for >15-20% price drop - sell the top, buy back in low. So - mostly on the daily, down to the 4hr / 1hr for major price movements that present opportunities, otherwise almost always long-term (months) trades. Imo the daily chart is the best place to be.

Volatility, I guess two flavors:

1.) Bear market: Like now, things are a bit crazy and unpredictable and often in unchartered terrain where TA doesn't mean much. Prefer the basics and relying on market sentiment, news etc. When markets are stable - more likely to have predicable movement.
2.) Stable projects vs. unstable (new, low market cap): For the most part the bigger projects are great at being viewed through a TA lens especially on longer timeframes (daily, weekly). Smaller projects with higher volatility - often same sentiment as bear market trading.

I haven't traded traditional markets before so can't really compare directly. This is also still very much a learning experience for me :).

You've traded in traditional markets before?

(You can edit quoted posts rather than re-quote the whole thing...especially the images :-))
 
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Speaking about NEO, there was apparently an airdrop for NEO holders of ONT (Ontology, NEO based token). Anybody know if you will get airdrop if holding NEO in a windows wallet or just on exchanges ? It has been climbing nicely since 18 till today:

NEO_ONT.PNG

$3.87 USD (30.10%)
0.00055383 BTC (22.96%)
0.08211960 NEO (23.76%)

Market Cap
$934,014,466 USD
133,604 BTC
19,810,241 NEO

Volume (24h)
$153,121,000 USD
21,903 BTC
3,247,660 NEO
Circulating Supply
241,236,451 ONT
Total Supply
1,000,000,000 ONT

One one hand considerable trading volume for a new token, on the other hand large circulating supply, should this be considered a pump ?

A Distributed Trust Collaboration Platform

What is Ontology?

Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform.

Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems.

Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.

Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific scenario requirements, Ontology will continue to develop new common modules.
 
^^yes we got ours using Neon / neo core wallet. There was a manual step to add the Ontology token but once done the funds are there.
 
manicminer said:
^^yes we got ours using Neon / neo core wallet. There was a manual step to add the Ontology token but once done the funds are there.
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From Reddit:

Steps for adding ONT to your Neon wallet:
1. Launch Neon wallet (Do not log in to your wallet at this step)
2. Manage neon settings
3. Manage tokens (If you do not see this option, please update your NEON wallet)
4. Add a new token
5. Copy and paste the hash into the script hash field: ceab719b8baa2310f232ee0d277c061704541cfb
6. Please wait for ONT to appear in your wallet, takes up to 10 mins for our users who do not see the token initially
 
saor said:
1 000 000 UTN to run a masternode.
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In addition to that, it appears the masternode will require 16 cores, 32GB RAM and a 256GB SSD.

I suppose if you going to float $27k though in coins, a $10k server won't hurt much
 
For those who are interested in privacy currencies, ZOIN will have their NIX airdrop on the 30th. NIX is quite an initiative in this crypto segment and with enough traction (and marketing) it may be worth something down the line. It will start out as a private DEX, but will also be like ARK, but will not be an token per se and may be the most advanced ‘community’ coin to date in the privacy segment.

Zelcash which is still very much below the radar and still very easily minable will soon announce Zeltrez (like, but not quite NIX). Zeltrez may put Zelcash on the map. Zelnodes will also launch later this year.

HUSH who has sorted out their dev issues are making good progress towards launching HushNG, which will support both HUSH and BTCH, and which will introduce HushList compatibility across the privacy segment. A lot is hanging on HushList’s success to expose HUSH and BTCH.
 
Fulcrum29 said:
For those who are interested in privacy currencies, ZOIN will have their NIX airdrop on the 30th. NIX is quite an initiative in this crypto segment and with enough traction (and marketing) it may be worth something down the line. It will start out as a private DEX, but will also be like ARK, but will not be an token per se and may be the most advanced ‘community’ coin to date in the privacy segment.

Zelcash which is still very much below the radar and still very easily minable will soon announce Zeltrez (like, but not quite NIX). Zeltrez may put Zelcash on the map. Zelnodes will also launch later this year.

HUSH who has sorted out their dev issues are making good progress towards launching HushNG, which will support both HUSH and BTCH, and which will introduce HushList compatibility across the privacy segment. A lot is hanging on HushList’s success to expose HUSH and BTCH.
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Interesting, I sold 95% of my hush when it peaked at R200 a coin. I think ill start accumulating again.

Thanks man.
 
jun_tao said:
Interesting, I sold 95% of my hush when it peaked at R200 a coin. I think ill start accumulating again.

Thanks man.
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Leto is now the head dev, but the team has expanded nicely and their GitHub is shining with ‘positive’ activity. Some devs which went over to Zelcash are still assisting on Hush’s side. Well, Zeltrez is basically Zelcash copying HushNG with additional things like their own DEX.

Hush now is pretty much in bed with the Komodo devs. BTCH is developing alongside KMD and Komodo may soon reach new heights in the crypto space, talented people with great initiative.

All-in-all I think that Hush and BTCH (which is only a token and nothing more) is heading in the right direction with the right support.
I mean hey, BTCP is still using an outdated Zcash code base, but they do have the means and marketing to back them in gaining value.

Loki has also dropped today.
 
Fulcrum29 said:
Leto is now the head dev, but the team has expanded nicely and their GitHub is shining with ‘positive’ activity. Some devs which went over to Zelcash are still assisting on Hush’s side. Well, Zeltrez is basically Zelcash copying HushNG with additional things like their own DEX.

Hush now is pretty much in bed with the Komodo devs. BTCH is developing alongside KMD and Komodo may soon reach new heights in the crypto space, talented people with great initiative.

All-in-all I think that Hush and BTCH (which is only a token and nothing more) is heading in the right direction with the right support.
I mean hey, BTCP is still using an outdated Zcash code base, but they do have the means and marketing to back them in gaining value.

Loki has also dropped today.
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Thanks for this info!
 
Loki's mainnet is live, ready to be mined. It is a early bird, may be worth it since it is a true alternative to Monero.
 
Interesting to see the total market cap bounce back and how much of that value is coming from altcoins ('other' in the chart below).

m3WUERk.png
 
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