Genie Posted December 17, 2017 Share Posted December 17, 2017 5 minutes ago, sexbelowsound said: Cheers mate. Need to set a side some time to properly read this stuff. I enjoyed doing that match betting stuff when I got into it and whilst this isn't the same it seems to have a similar breaking in period. I’m the same, it’s an interesting hobby with the pleasant side effect of potential to make a few quid. Link to comment Share on other sites More sharing options...
Risso Posted December 17, 2017 Share Posted December 17, 2017 Finally got my ID verified on Coinbase so have got started with £250 each of Bitcoin, Lite and Eth. Having my bank account verified so I can buy a few more. Link to comment Share on other sites More sharing options...
PieFacE Posted December 17, 2017 Author VT Supporter Share Posted December 17, 2017 5 hours ago, Genie said: When you refer to “market cap” what relevance does that have on investments? Well when looking at the market cap of a coin, you can see how much the "business" is worth in value in it's entirety. So from an investor point of view, if you were to find a coin with really good fundamentals that you believe in, but it had a low market cap, it could be a good investment as it's likely to grow. But check how many coins they have too. Have to find the right balance. ARK is on the move again! 33.3k Link to comment Share on other sites More sharing options...
PieFacE Posted December 17, 2017 Author VT Supporter Share Posted December 17, 2017 (edited) Just saw this, it's incredibly unlikely, but if it happened, then ARK would go to $40! Edited December 17, 2017 by PieFacE 1 Link to comment Share on other sites More sharing options...
Genie Posted December 17, 2017 Share Posted December 17, 2017 59 minutes ago, PieFacE said: ARK is on the move again! 33.3k What does the 33.3k refer to? Link to comment Share on other sites More sharing options...
PieFacE Posted December 17, 2017 Author VT Supporter Share Posted December 17, 2017 (edited) 18 minutes ago, Genie said: What does the 33.3k refer to? The satoshi value . You can value alt coins in 2 ways, against fiat or BTC. Right now ark is worth about 0.00033000 of a bitcoin. So it's generally referred to as 33k sats. If an altcoin held the value of 33k sats for example, and bitcoin went from $20k to $40k, then the value of the altcoin would double in fiat value with bitcoin, even though it's bitcoin value has remained as 33k. If that makes sense. Edited December 17, 2017 by PieFacE 2 Link to comment Share on other sites More sharing options...
Risso Posted December 17, 2017 Share Posted December 17, 2017 £17 up already! 2 Link to comment Share on other sites More sharing options...
Genie Posted December 18, 2017 Share Posted December 18, 2017 Ark steadily climbing, up to $6.58 now. Link to comment Share on other sites More sharing options...
PieFacE Posted December 18, 2017 Author VT Supporter Share Posted December 18, 2017 (edited) 6 minutes ago, Genie said: Ark steadily climbing, up to $6.58 now. Hoping mobile wallets will push it over $7 maybe $8. NEO at $80!!! This all a bit crazy to be honest, something has to give sooner or later surely? Edited December 18, 2017 by PieFacE Link to comment Share on other sites More sharing options...
Risso Posted December 18, 2017 Share Posted December 18, 2017 Just looking into Ark as we speak. Link to comment Share on other sites More sharing options...
Genie Posted December 19, 2017 Share Posted December 19, 2017 17 hours ago, Genie said: Ark steadily climbing, up to $6.58 now. $7.12 this morning. Lovely. Realistically what could it ever go to? Given years of boom could it get into the hundreds of pounds per coin or is there some limit factors? Link to comment Share on other sites More sharing options...
PieFacE Posted December 19, 2017 Author VT Supporter Share Posted December 19, 2017 (edited) 2 hours ago, Genie said: $7.12 this morning. Lovely. Realistically what could it ever go to? Given years of boom could it get into the hundreds of pounds per coin or is there some limit factors? If the market keeps growing like it has been, then in my opinion ARK will easily be a £100-200 coin in a year or two. But this is pure speculation and doesn't actually mean anything so don't get excited lol. It could easily go to 0 too. Have to remember, it only launched in March this year, so it's doing really well. At the minute they do 0 marketing, as they are building the product before then hyping themselves up, which is quite rare in the crypto space. I think once other companies start using their platform and the Ark ecosystem grows, it will really gain value. There's 2 projects currently within the ARK Ecosystem Kapu - https://www.kapu.one/ Persona - https://persona.im/ If you're interested I could give you a whole rundown on why the ARK Ecosystem is so much better than the Ethereum network. Not that ARK will overtake ETH in value as ETH was the first smart contract platform, but it can certainly offer a better solution for any business looking to get involved in blockchain. Edited December 19, 2017 by PieFacE Link to comment Share on other sites More sharing options...
PieFacE Posted December 19, 2017 Author VT Supporter Share Posted December 19, 2017 (edited) Looks like BTC is having a wobble. Under $18k now. Getting dumped. Someone just sent 750k ARK to Bittrex. Prepare for a $4 million dump Edited December 19, 2017 by PieFacE Link to comment Share on other sites More sharing options...
Genie Posted December 19, 2017 Share Posted December 19, 2017 1 hour ago, PieFacE said: Someone just sent 750k ARK to Bittrex. Prepare for a $4 million dump I thought that was you cashing out 1 Link to comment Share on other sites More sharing options...
omariqy Posted December 19, 2017 Share Posted December 19, 2017 How do people add money via their bank account on Coinbase? It says you need a Euro account first? I've got a revolut card - can I use that? Link to comment Share on other sites More sharing options...
Stevo985 Posted December 19, 2017 VT Supporter Share Posted December 19, 2017 11 minutes ago, omariqy said: How do people add money via their bank account on Coinbase? It says you need a Euro account first? I've got a revolut card - can I use that? You have to do a SEPA transfer from your bank account to your Coinbase account. You can only do that to transfer Euros. So your Euro wallet on Coinbase will end up with the money you transfer from your bank. And then you use that wallet to buy your Bitcoin. I was able to do a SEPA from my online banking (but not through the app). I imagine most banks will be the same. It's legit, but it's a bit scary when the money leaves your bank and doesn't appear in your Coinbase account for a couple of days! 1 Link to comment Share on other sites More sharing options...
villa368179 Posted December 19, 2017 Share Posted December 19, 2017 I attempted to use my revolut card but it was declined because it was from a US authorised bank account apparently. I ended up just using my debit card in the end, but I was only buying a small amount. Link to comment Share on other sites More sharing options...
Genie Posted December 19, 2017 Share Posted December 19, 2017 5 hours ago, Stevo985 said: You have to do a SEPA transfer from your bank account to your Coinbase account. You can only do that to transfer Euros. So your Euro wallet on Coinbase will end up with the money you transfer from your bank. And then you use that wallet to buy your Bitcoin. I was able to do a SEPA from my online banking (but not through the app). I imagine most banks will be the same. It's legit, but it's a bit scary when the money leaves your bank and doesn't appear in your Coinbase account for a couple of days! I can just do a purchase using my first direct debit card, just like buying anything else on an online store. It’s instant too. Link to comment Share on other sites More sharing options...
Stevo985 Posted December 19, 2017 VT Supporter Share Posted December 19, 2017 12 minutes ago, Genie said: I can just do a purchase using my first direct debit card, just like buying anything else on an online store. It’s instant too. Yeah but you need a bank transfer to do anything over your debit card limit. That's what omariqy was referring to. Link to comment Share on other sites More sharing options...
Genie Posted December 19, 2017 Share Posted December 19, 2017 19 minutes ago, Stevo985 said: Yeah but you need a bank transfer to do anything over your debit card limit. That's what omariqy was referring to. Ooooh, I didn’t realise. Apologies. Link to comment Share on other sites More sharing options...
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