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Ren's old crypto thread || we know how to buy this stuff now (1 Viewer)

That's the spirit!

Easiest way is to get verified at Uphold.com.  They verify very quickly.  Then link a bank account to it and purchase BAT directly.  Their take is 1.95% (market price rn is $0.197,  Uphold price is $0.2011).  

I have 29,791 BAT, there are 1 billion in circulation.  Every time the marketcap goes up a million, I get $297.  The possibilities get pretty outlandish as the marketcap starts getting into the billions.  

edit: math about x10 wrong.  $29 per million in marketcap.  but when the price goes up a penny (every 10 million), $297

 
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this is a web browser?  but you can invest in it?

ren, did I miss a post somewhere.  plz to point me where I can read about this.

 
That's the spirit!

Easiest way is to get verified at Uphold.com.  They verify very quickly.  Then link a bank account to it and purchase BAT directly.  Their take is 1.95% (market price rn is $0.197,  Uphold price is $0.2011).  

I have 29,791 BAT, there are 1 billion in circulation.  Every time the marketcap goes up a million, I get $297.  The possibilities get pretty outlandish as the marketcap starts getting into the billions.  
Got verified in about 2 minutes. Just messing around with the interface and waiting on some $ to hit my bank account, so transferred over a fraction of LTC that I couldn't do anything with on Binance.  and I am now the proud owner of 3.361073459528956732 BAT :lol:  

 
Got verified in about 2 minutes. Just messing around with the interface and waiting on some $ to hit my bank account, so transferred over a fraction of LTC that I couldn't do anything with on Binance.  and I am now the proud owner of 3.361073459528956732 BAT :lol:  
Did you give them your ssn?

 
Ren hoek, how many different accounts/wallets/logins do you have? I’d like to start dabbling but which are the most trusted for BAT, ETH, XMR, Ripple (XRP), IOTA, Monero, NEO, Dash? Thoughts on these?

So many at this stage. I’m interested in (not necessarily all in one coin) privacy, security, no fees, smart contract tech, ease of use, speed of transactions and worldwide scalability, decentralization, possible planned adoption by retailers, and realistic plans for real-world uses...you know, not much.  :lmao:

 
Ren hoek, how many different accounts/wallets/logins do you have? I’d like to start dabbling but which are the most trusted for BAT, ETH, XMR, Ripple (XRP), IOTA, Monero, NEO, Dash? Thoughts on these?

So many at this stage. I’m interested in (not necessarily all in one coin) privacy, security, no fees, smart contract tech, ease of use, speed of transactions and worldwide scalability, decentralization, possible planned adoption by retailers, and realistic plans for real-world uses...you know, not much.  :lmao:
I have an ETH address and BCH address, both linked to my Ledger, an Obsidian desktop wallet, and a Safex desktop wallet.  BAT, LINK, ZRX, and OMG are all ERC-20 tokens so they're just sitting on the same eth address.  

I have accounts on Uphold, Coinbase, Bittrex, GDAX, NovaExchange, Liqui, Binance, CoinExchange, Changelly, basically because I've done a gazillion trades and messed with a lot of ####coins.  

I don't really know enough about Iota/Dash/NEO to offer an opinion on. Ripple had a former Fed chairman as guest speaker which is about as tonedeaf as it gets in crypto.  

Monero is the true dark market coin and to my knowledge completely untraceable.  Once I get back in I plan on going 40% BCH, 30% ETH, 30% XMR for the foreseeable future.  All very strong marketcaps with very different use cases.  

The t0 ico by the Overstock CEO looks pretty cool too: https://tzero.com/

 
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I have an ETH address and BCH address, both linked to my Ledger, an Obsidian desktop wallet, and a Safex desktop wallet.  BAT, LINK, ZRX, and OMG are all ERC-20 tokens so they're just sitting on the same eth address.  

I have accounts on Uphold, Coinbase, Bittrex, GDAX, NovaExchange, Liqui, Binance, CoinExchange, Changelly, basically because I've done a gazillion trades and messed with a lot of ####coins.  

I don't really know enough about Iota/Dash/NEO to offer an opinion on. Ripple had a former Fed chairman at one of their conferences

Monero is the true dark market coin and to my knowledge completely untraceable.  Once I get back in I plan on going 40% BCH, 30% ETH, 30% XMR for the foreseeable future.  All very strong marketcaps with very different use cases.  

The t0 ico by the Overstock CEO looks pretty cool too: https://tzero.com/
No BTC for you?

 
No BTC for you?
I did find .01something btc laying around on Bittrex valued at $160 or so.  $10 tx fee to pull it.  So I'm a bitcoin hundredthaire

The problem with bitcoin for me is that it's being billed as the future of money while it boasts a blazing 3 transactions per second with obscene tx fees.  If it were a useful coin, and Blockstream/Core devs allowed it to scale the way it should have I'd be a pretty huge bitcoin evangelist. I regret selling when I did but Bitcoin Cash might as well be bitcoin as far as I'm concerned.  And I think the price will reflect that on a long enough timeline.  

 
I'm active on Uphold.com.  Pending transaction of $50 to purchase BAT.  :toedippedinwater:
Same with me. First time with all of this. I guess uphold is a digital wallet ? No clue. I missed out on the bitcoin boom hoping to be lucky and hop on the next crypto boom

 
https://www.bloomberg.com/news/articles/2017-12-05/mystery-shrouds-tether-and-its-links-to-biggest-bitcoin-exchange

On Dec. 2, Bitfinex released a quarterly report announcing it would no longer serve U.S. customers because it’s too expensive to do business with them. This followed Wells Fargo & Co.’s decision earlier in the year to end its role as a correspondent bank through which customers in the U.S. could send money to Bitfinex and Tether’s banks in Taiwan. Bitfinex and Tether filed suit against Wells Fargo, but later withdrew the case.


Bitfinex and Tether identified four Taiwanese banks in the Wells Fargo lawsuit. However, Ronn Torossian, a spokesman for Bitfinex and Tether, refused to identify their current banks unless a reporter signed a non-disclosure agreement, an offer that wasn’t accepted.


Paradise Papers

Phil Potter is a Tether director, according to documents -- dubbed the Paradise Papers -- recently leaked by the International Consortium of Investigative Journalists. He’s also the chief strategy officer at Bitfinex. A graduate of Yale University, Potter worked as a derivatives analyst for Morgan Stanley and then moved to the private client services unit at Bear Stearns Cos., where he worked on technology infrastructure and software design. He’s given many interviews that can be found on YouTube, including Q&Asafter Bitfinex was hacked last year.

Bitfinex incorporated in Hong Kong in 2013, but then changed its name to Renrenbee Ltd. a year later, according to Companies Registry in Hong Kong. Giancarlo Devasini is listed as a director at Renrenbee by Companies Registry. He’s identified as a Tether director in the Paradise Papers.

Torossian said van der Velde, Potter and Devasini weren’t available for interviews.

Oguz Serdar said he tried tether, but came away disappointed. When Turkey banned PayPal last year, he began using bitcoin to pay contractors working with his advertising technology company, then started investing in it on his own. When he feared bitcoin was poised to drop, he said he shifted funds into tether. “It’s a way to park your gains,” he explained in a telephone interview. “It’s what you do temporarily.”

He said that in early November he tried to cash out $1 million of tether, a request Tether refused.


“Due to ongoing banking difficulties we are only able to process requests for verified corporate customers,” Serdar was told by Tether, according to emails he shared with Bloomberg News. Serdar said the company stated that its currency was backed by reserves, meaning it was one of few places to exchange tethers for dollars, and while he didn’t have an account he approached them to find out who they banked with.

Serdar said he alerted the U.S. Treasury Department and the Justice Department about his concerns regarding Tether through an online tip website, but hasn’t heard back. As for how the company characterizes him now, he said, “they’re speculating on me being some type of enemy.”


On Dec. 3, Bitfinex said it had hired law firm Steptoe & Johnson LLP because of “false claims and related activity by various parties,” according to an emailed press release. “To date, every claim made by these bad actors has been patently false and made simply to agitate the cryptocurrency ecosystem,” Stuart Hoegner, counsel for Bitfinex, said in the statement.

Serdar says he eventually traded his $1 million tether stake for bitcoin. “I don’t think they have even $100 million or $200 million in a legitimate country,” he said. “It’s the elephant in the room, but a lot of people don’t want to talk about it because they’re invested in it.”
a literal bold-faced scam :popcorn:  

 
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Sure, @=Smackdown=, here you go... an excerpt of SkyRattler's post (it was posted in the Bitcoin thread):

The exchange is called Binance. It is one of only two exchanges that currently trade IOTA. The other is Bifinex and I don't trust them. But if you have an account there it might be easier to use that.

But for anyone who does choose to make a Binance account here is my referral link. 

https://www.binance.com/?ref=11381976
 
add a BAT card if you don't already have one listed

Then go select USD card and once inside of it, select "Transfer between cards" and select BAT from the dropdown
Yeah, I messed up and funded my USD card first, so I'm waiting for the funds to be available (5-7 days) before I can actually move it into BAT.  Maybe I'll luck out and the price will drop this week.

 
####.  I added 50 usd to my usd card

ok so how do I buy bat now?
select your usd card / transfer between cards and select bat card / select amount you want to send (easier to denominate it in usd since you know that value vs. $50 equivalent in bat) / confirm 

 
Just a reminder that crypto markets are absolutely booming at all-time high and are probably overdue for a huge correction.  I'm not buying anything until the dust settles on this tether/futures stuff. 

 
Any idea when I can use a credit card to fund Uphold? For some reason I cant get it to add my bank account.

 
Any idea when I can use a credit card to fund Uphold? For some reason I cant get it to add my bank account.
They don't give a date estimate that I could find...only this:

After Friday, May 19, 2017, at 3:00 pm PST members will temporarily be unable to initiate account funding via credit card for the small amount of volume we see from this funding source. We apologize for any inconvenience this may cause and look forward to providing a new and improved credit card offering in the near future which will include:

Higher transaction limits

Faster Settlement into your Uphold account when using credit/debit cards

A more robust fraud prevention method of using credit and debit cards on our platform

 
Okay so I'll hold off on BAT until I see a signal
I just don't want you all putting a bunch of money in and losing confidence if it tanks to 10 or 15 cents, maybe lower.  It's risen and fallen between like .10 and .25 all year.  I think we're still plenty early to the party, might even be buying during a peak to get some over .20.  Alts always crash hard when bitcoin falls because the market is really dumb right now and tied to bitcoin.  Soon enough it'll hopefully be anchored by the success of Brave browser and digital ad industry, not cryptocurrency at large.  

 
Got some Ripple and IOTA yesterday.  Definitely long on ETH.
This is me.  I got IOTA at .37  then more at .7 then more at 2.0  

My goal was to acquire as much bitcoin as possible.  

This might be still my goal but not now

  I can pull out my 5k investment but don't see why.  I am still buying.  

For newbies, you can make 100% easy.  Just hold IOTA for a month.   

This might be a bubble but bubble is not close.

 
Trying to switch out this .013 btc for some monero on bittrex.  Taking a dickyear to confirm.  

 
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We have complete confidence in Uphold?
I trust them.  https://uphold.com/en/transparency

I think it's fair to say BAT would struggle if ETH was too, but if ETH is struggling it's likely all alts are.  The thing about BAT is that it really hasn't been implemented to the market yet.  The payment system is live on the browser and you can manually add BAT to your account (i have 600 set to dispense over the course of 6 months to my favorite sites etc), but BAT aren't being distributed to users yet.  It's only real relationship with ethereum is that it's an erc-20 token that runs on its blockchain.  Once it's fully integrated with digital ad buys and the publisher/user/advertiser paradigm it should stand on its own two feet.  They've not advertised it at all beyond word of mouth, just taking their time on the development roadmap.  

The question for me is, what happens when donation-dependent outlets like Wikipedia and huge youtube channels with hundreds of millions of followers (many of them jaded with youtube's demonetization practice anyway) and Twitch streamers start picking up on a new source of revenue?  The network effect could be astronomical. 

He's talking to some big industry players already.  Ad trials are set to start next year I believe.  The best part is that basic attention tokens will extend beyond the Brave browser into other applications too.  Think mobile games, desktop apps, etc.  Who knows where it'll go from there?  I liked this comment from him:

[–]BrendanEichBrave 118 points 14 days ago* 

Hi, some quick replies while I'm here:

We don't use ad exchanges (malware on demand side, fraud on supply, tracking cookies/pixels/scripts required and we block those). The BAT ads idea is quite different: personal user-private/anonymous ads in a pinned tab, local machine learning picks best offer from catalog of URLs w/ segment ids and other metadata so no cookies or tracking. Confirmation via the same ZKP protocol (ANONIZE2) we use for payments already. User gets 70% revenue share (App Store standard), which by default pays back to top/pinned creators for that user, as opting into BAT ads opts into Brave Payments. We hope to have trials running 1Q2018. (Note how this avoids bad ads against good content and vice versa. The third party ad problem is full of conflicts and we want to try a new approach. If publishers want to partner with us as third-party vendor for otherwise-blocked inventory, then we may do that too with user as well as pub consent. Revenue then splits 70% to pub, 15% to user. This is over the horizon for us but we did some early experiments in 2016 and could stand it up next year if pubs want it.)

See (1), I got ahead of myself. BAT user-private ads pay 70% to user, deals start with trials (we are talking to top brands and agencies) next year first half. In-page ads possible but not urgent, those pay 70% to pub and 15% to user. Brave's principles are opt-in (consent from user and any publisher whose inventory would be filled), rev-share to user >= our take, stable fees auditable in-the-large on blockchain.

Brave won't corner the market overnight, so as we grow we will work to standardize what we can with other browser vendors. For some strange reason, Apple is our best ally among big 4. ;-) In mean time, our early adopters are lead users who tend to give back. We do not expect most to cash out their revshare as it won't be a huge amount per month (but who knows? Fair-market price for attention has yet to be discovered) and the KYC hassle to get control of tokens is not worth it to users who'd rather trickle it back to top/browsed/pinned sites and accounts which is the default flow when you opt into BAT ads which enables Brave Payments. (Thus we put the user, with local machine learning and automation (all open source), in place of the third parties of the Lumascape, for connecting revenue from advertisers (+ users out of their own good will) to creators.)

You can give BATs to the big platforms but we use a global/objective semantic classifier to disable auto-inclusion of the big platforms such as YouTube, Facebook, Twitter, etc. As I said to a journo recently, those outfits are among the richest companies in the world (well, maybe not Twitter :-P), and they've exploited their creators. We have on the roadmap a control to let users dial in the platform landlord vs. tenant split, but we're not rushing to add that.

The simplest thing to do is promote Brave to your supporters who are willing to contribute in lieu of revenue from the ads that they block. They can pin a percentage of their monthly BAT budget to your account. We will soon be releasing grants from the BAT User Growth Pool (UGP) to users as incentive to adopt and fund their wallets. We are thinking about matching contributions for first N months from the UGP too.

If you are worried about free riders using Brave and not contributing, I'd like to hear more. We see users already blocking via uBO + Chrome or Brave, so net-net don't expect a sharp uptick from unblocked-Chrome to Brave conversion -- but if this is a problem, we have ideas for how to solve it. Happy to say more.
 
For all you guys going BAT, watch out. I got 500 at .16.    But this isn't iota.  BAT has been around since 2012.  Iota since 2017.  I got into bat because of a rens screenshot.  Might hit big or not but been around 5 years.

 

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