BackinBlack Posted March 23, 2018 Share Posted March 23, 2018 be careful with platforms like RobinHood and Abra, when you dont own the keys, you dont actually own the coin. They are pegging you to it at a certain price, which theoretically is fine and shouldnt be a problem, but if they arent actually buying coins and storing them, and prices explode, they could declare bankruptcy and investors would be out of luck. If I cant transfer coins to my own personal wallet, than I wont throw a lot into a particular platform. Obviously just my thoughts, and with the ease, I will throw a little here and there, but just be careful with exchanges like these! 1 Quote Link to comment Share on other sites More sharing options...
BayRaider Posted March 23, 2018 Author Share Posted March 23, 2018 1 hour ago, BackinBlack said: be careful with platforms like RobinHood and Abra, when you dont own the keys, you dont actually own the coin. They are pegging you to it at a certain price, which theoretically is fine and shouldnt be a problem, but if they arent actually buying coins and storing them, and prices explode, they could declare bankruptcy and investors would be out of luck. If I cant transfer coins to my own personal wallet, than I wont throw a lot into a particular platform. Obviously just my thoughts, and with the ease, I will throw a little here and there, but just be careful with exchanges like these! You can't transfer to a wallet with Robinhood? Quote Link to comment Share on other sites More sharing options...
BackinBlack Posted March 23, 2018 Share Posted March 23, 2018 13 minutes ago, BayRaider said: You can't transfer to a wallet with Robinhood? last i checked, nope. they say they hope to add it in the future, but, that could take a while. Quote Link to comment Share on other sites More sharing options...
TheVillain112 Posted March 24, 2018 Share Posted March 24, 2018 On 3/23/2018 at 11:44 AM, BackinBlack said: be careful with platforms like RobinHood and Abra, when you dont own the keys, you dont actually own the coin. They are pegging you to it at a certain price, which theoretically is fine and shouldnt be a problem, but if they arent actually buying coins and storing them, and prices explode, they could declare bankruptcy and investors would be out of luck. If I cant transfer coins to my own personal wallet, than I wont throw a lot into a particular platform. Obviously just my thoughts, and with the ease, I will throw a little here and there, but just be careful with exchanges like these! Trying to understand the whole model behind Abra more. It does seem like you can transfer BTC from the Arba wallet to another BTC wallet, but not really for other coins. Btw, with Binance moving to Malta, there's talk now of Binance adding fiat pairings like USD... Quote Link to comment Share on other sites More sharing options...
BackinBlack Posted March 25, 2018 Share Posted March 25, 2018 16 hours ago, TheVillain112 said: Trying to understand the whole model behind Abra more. It does seem like you can transfer BTC from the Arba wallet to another BTC wallet, but not really for other coins. Btw, with Binance moving to Malta, there's talk now of Binance adding fiat pairings like USD... hmm seems like you are right about BTC. Thanks for that. Agreed, Binance to Malta should help the entire market I think. Quote Link to comment Share on other sites More sharing options...
TheVillain112 Posted March 25, 2018 Share Posted March 25, 2018 Anyone else looking at $WAN? I'm hearing good things. It ICO'd at 0.34 and it's at ~$4.15 right now on Binance. Just picked up a small bag of it. Missed a good opportunity during the ICO, but I hear it has good potential. Let's see, last 2-3 months haven't been kind, lol... Quote Link to comment Share on other sites More sharing options...
Calvert28 Posted March 25, 2018 Share Posted March 25, 2018 28 minutes ago, TheVillain112 said: Anyone else looking at $WAN? I'm hearing good things. It ICO'd at 0.34 and it's at ~$4.15 right now on Binance. Just picked up a small bag of it. Missed a good opportunity during the ICO, but I hear it has good potential. Let's see, last 2-3 months haven't been kind, lol... I've been considering it. 210m total supply so it can increase quite a bit. Quote Link to comment Share on other sites More sharing options...
TheVillain112 Posted March 26, 2018 Share Posted March 26, 2018 LTC news... https://www.cnbc.com/2018/03/26/cryptocurrency-litecoin-falls-after-processor-litepay-closes.html Quote Link to comment Share on other sites More sharing options...
MookieMonstah Posted March 27, 2018 Share Posted March 27, 2018 1 hour ago, TheVillain112 said: LTC news... https://www.cnbc.com/2018/03/26/cryptocurrency-litecoin-falls-after-processor-litepay-closes.html Ugh...Should've sold earlier. Quote Link to comment Share on other sites More sharing options...
Calvert28 Posted March 27, 2018 Share Posted March 27, 2018 17 minutes ago, MookieMonster said: Ugh...Should've sold earlier. Figured it would have dropped some more by now. Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted March 29, 2018 Share Posted March 29, 2018 Year lows for a lot of coins right now. Quote Link to comment Share on other sites More sharing options...
cddolphin Posted March 30, 2018 Share Posted March 30, 2018 23 hours ago, JTagg7754 said: Year lows for a lot of coins right now. down down down it goes Quote Link to comment Share on other sites More sharing options...
BayRaider Posted March 30, 2018 Author Share Posted March 30, 2018 21 minutes ago, cddolphin said: down down down it goes Best time to buy Quote Link to comment Share on other sites More sharing options...
MookieMonstah Posted March 30, 2018 Share Posted March 30, 2018 2 hours ago, BayRaider said: Best time to buy How much faith do you have in It rebounding? I’ve lost a ton of money the past month lol Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted March 30, 2018 Share Posted March 30, 2018 11 minutes ago, MookieMonster said: How much faith do you have in It rebounding? I’ve lost a ton of money the past month lol This is my concern also. Since it's so new and unpredictable we don't know this won't respond well and completely tank. Luckily I don't have too much invested but I would like to see another surge like we did in January lol. I'd probably exit then if we did Quote Link to comment Share on other sites More sharing options...
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