Cryptoflame

Greetings all! I'm not really an investor. I had a very very small amount of play money that I had to get the feel for day-trading and learn what Crypto is about. I've noticed something, and quick math isn't helping, so I have to be missing something. Some of the more volatile low-end alts hover at like, 30-50cents. I'm curious, is there reason people don't continuously just flip in these ranges? For example, if you had 1000 Coin of something going for 0.00050 (trying to pick easy numbers for simplicity, but realistic of small-end coins for the example), you could sell that for 0.50 Eth. However, 0.1% of that goes to Binance, leaving you with 0.49995 Eth. Now if the coins volatile and bounces a lot, you can wait for it to drop to say even just 0.00048. You buy back in. This gets you 1041 of said coin. Rinse and repeat if it bounces a lot. Is this a common practice in Crypto Markets, or am I missing something and this is actually really dumb? submitted by ...

I bought £50 ethereum from coinbase and sent it to their gdax everything fine so far, so, I sell my ethereum for bitcoin. I then wait for bitcoin to dip, but also to re enter back into ethereum (I made sure ethereum was lower than when I sold). So I sold high, bought low, then sold high and bought low (making sure I bought back at a lower rate than it was when I sold) so I should have got more than I started with. But, I have a fraction less. I'm lost, unless my investment was simply too small to reflect a difference. any ideas submitted by /u/blowfish2017 [link] [comments] Read More

I've been working on a website for the past month to help both beginners and cryptocurrency enthusiasts learn and stay up to date with cryptocurrency information. Feel free to check it out and let me know what I could do to further improve the functionality of the website. Link: http://ift.tt/2yqsc4n submitted by /u/john32223 [link] [comments] Read More

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Pretty much title, is it legit? Not seeing a lot about them, just some announcements from various projects that their coins are trading on the exchange, and some older posts indicating that CoinEgg is a rebranded Jubi following the Chinese crypto-ban. Anyone have anything more definitive? Thanks submitted by /u/chaos0xomega [link] [comments] Read More

Hello Reddit. I recently received a PM from someone asking me to share my research notes on Encrypgen (DNA). In the end, it turned out I'd done quite a bit more research than I'd realised, and I ended out writing a small essay. I thought I'd also just share them with all of you. NOTE: I do not hold any "DNA". I bought in at 0.15, and sold at 0.25, and I haven't bought back in. I was going to buy more after I wrote this out but then decided the better thing to do would be to submit it here first. Don't wanna be accused of shilling! Anyhow, here was my overview: "Sure thing. The tech/fundamentals: Encrypgen (DNA) solves a real-world issue regarding human genomic sequencing. It's incredibly difficult for organisations to collect and store genomic data because people don't like the idea of their health-related data belonging to a company (and obviously, at risk of data breaches or misuse). It's therefore very difficult for scientists and...

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This question has been troubling me for a long time but I still couldn’t find the answer...if one currency can go up and down for 20-50% in one day then how will mass adoptions by major companies happen? What are your thoughts? submitted by /u/ericliu1014 [link] [comments] Read More

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Just thought I'd share a new crypto app we've been working on recently "Scoop Markets". Using natural language processing, we are able to identify market moving (cryptocurrency) news / TA from Twitter, before the markets move. We haven't officially launched yet but have released a beta version to try and get some feedback. Would be really keen to hear any thoughts! Free to sign up with a Twitter account at: http://ift.tt/2uCkqUB Or if you can't be bothered signing up, here's a short video of me using it: https://twitter.com/philostar/status/941131647805743104 submitted by /u/philmcp [link] [comments] Read More

I recently started using Blockfolio to track my holdings. I started off using Coinbase for all my transactions but now I’ve switched to GDAX to avoid the fees. Will keeping Coinbase as my default exchange to record transactions on Blockfolio give me accurate portfolio values? Or do the prices differ even though Coinbase owns GDAX? Is there another app you’d recommend over Blockfolio? submitted by /u/JoeUsedCarSales [link] [comments] Read More

A few months ago I started accumulating a few altcoins, things were good but i never traded them so the BTC value has dramatically decreased over time Now i feel like a fool because i could have just bought BTC and made better returns Any advice on how to manage the situation? submitted by /u/RazerPSN [link] [comments] Read More

Hi everyone, so I am new to the cryptocurrency scene and have been slightly interested in daytrading cryptos like bitcoin. From what I have seen on the internet it seems like most people highly advise against the idea of attempting to day trade. I have spent some time just watching the bitcoin price charts and buying the lows and selling the highs doesn't seem too difficult(I know all of you will say it is very difficult). From the charts that I have watched the line seems to go down close to a support line and then back up in a pattern. What am I not catching? It just seems too easy to daytrade but so many people say you will lose money doing it. submitted by /u/pungis0 [link] [comments] Read More

I have been trying to contact BTC Markets support staff via their website and via twitter for several days now to sort out a problem with my account and no one has responded. Starting to wonder if about how legit btcmarkets is when I can't even get a simple support request responded to? If these guys are sketchy, can someone please suggest a reputable alternative. Prefer Australian based, if such a company exists. submitted by /u/Zebitty [link] [comments] Read More

This was an email I received on 3/14/14. I presume someone was trying to ban bitcoin at the time and I probably sent him an automated message from change.com or something and got this back. I'm proud to have him represent me in the Congress. He's a genuine nice guy and seems to just get it on most issues. Regardless of politics either way he understands crypto. Click here for the letter. submitted by /u/DCVail [link] [comments] Read More

Ive been thinking about the "value" of alts and what the end game is for some of these coins. Why do they exist? How do they reach their potential? There is no goal like there is for penny stock companies (to produce a profit). But does it matter? Can this space simply survive as a place where people participate in a highly simplified version of trading that is in essence a huge video game where you can actually make money? New coins are just characters and we all play this game of trying to outsmart each other. Its fun, and we may even make some money. Is that viable and sustainable model? submitted by /u/nicoy3k [link] [comments] Read More

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