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Strategies & Market Trends : Blockchain and Cryptocurrencies -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (99)1/5/2018 9:57:46 AM
From: zax1 Recommendation

Recommended By
Glenn Petersen

  Respond to of 7625
 



To: Glenn Petersen who wrote (99)1/5/2018 11:16:21 AM
From: zax3 Recommendations

Recommended By
Glenn Petersen
roguedolphin
w0z

  Respond to of 7625
 
New subject started: Binance / BNB

Subject 59928



To: Glenn Petersen who wrote (99)1/5/2018 11:57:08 AM
From: zax1 Recommendation

Recommended By
roguedolphin

  Read Replies (1) | Respond to of 7625
 
A couple of points of note:

A) The blockchains are not handling the volume well. I sent some money from Coinbase to Binance yesterday. Coinbase advised that both the Bitcoin and Etherium networks are experiencing very long delays, up to 12 hours.

They said Bitcoin Cash was running with only "minor delays". So in order to send the funds, I bought BCH on Coinbase and transferred it to Binance. It took over 15 minutes. (I flipped the BCH into BNB on Binance).

Side note: It is really cool is there are numerous websites where one can trace crypto transaction progress (for all of the major curencies) by the txID you are given, in real time.

B) TD Ameritrade flat refuses to wire money to Coinbase as a matter of policy.

I am harkened back to the early days of Datek (now TD Ameritrade), back when they were the "irreputable upstart", LOL.



To: Glenn Petersen who wrote (99)1/5/2018 12:08:50 PM
From: Glenn Petersen  Respond to of 7625
 
OSTK is up $6 this morning. An interesting question? How many tokens will Overstock retain after the ICO sale.

Ripple (the company) retained 63 billion coins after its initial offering. These coins had a market value of $235 billion yesterday morning (a valuation that has since dropped by over 25%).

Message 31420380

OSTK has a market cap of approximately $2.1 billion this morning.

The tokens are a backdoor play, similar to the spinoffs executed during the Internet bubble. There will be others.

One of my favorite boards "back in the day": Subject 24862