Viewing profile — coryl

I doubt that blockchain was invented by a fresh out of school computer science graduate. The breadth and depth of technical complexity (even if just the white paper) that blockchai…

Technically they can try, by selling users coin in a fractional reserve model. This is probably already being done by some exchanges. But that's a problem regarding legal regulatio…

The author seems to expect that the changes created by cryptocurrency should be visible immediately. It is a lack of patience, and lack of understanding that changing deeply rooted…

Buy and hold doesn't have any recurring fees. If you look at the opportunity cost between crypto and any other financial security in the market, its an easy decision.

Exactly, which is why the safer bet is going long on high market cap coins, not small volume coins where pump and dumps can cause liquidation events.

If you are short term day trading you're likely to be a victim of pump and dump groups and manipulation. Going long on high market cap coins with a longer timeline is a relatively …

I suspect the investment banks that say they're going to stay away will quickly get FOMO and jump in sooner rather than later. Crypto is always in the headlines and will constantly…

By peer to peer exchange, you mean an exchange built on blockchain? One exists that I know of (bitshares). I'm sure others are being developed. Turning fiat into crypto is a separa…

It probably is a bubble. The problem is when it bursts, we don't know if we'll be in better positions having entered now, or having entered after.

You don't use it in individual transactions. It's for wholesale drug operations. Usually drugs go at one time, money comes back another time. Only now instead of cash you could jus…

I'm using web3 1.0.0-beta.26, ganache-cli 6.0.3 I instantiate the web3 object as such: web3 = new Web3(new Web3.providers.HttpProvider(" http://localhost:8545")); When I try to set…

You can use a test node called testrpc (now called ganache-cli ???) and connect to that.

I've also just begun to play with smart contract programming. One problem I'm having is with event listening. It seems that MetaMask doesn't yet support subscriptions, nor does my …

Why does he need to call you back? Stock market crashes are nothing new. Bitcoins are basically the same thing as stocks in terms of the way they're traded. No one is saying a pric…

Ok, so the problem is in the legal arena; the government bans banks from allowing cryptocurrency transactions. This doesn't seem like a fundamental problem due to the structure of …

So wherein lies the liquidity problem? I deposit USD to an exchange...then use that USD to place a Bitcoin buy order. Then I sell some Bitcoin another buyer on the exchange, who wa…

Fractional reserve systems have fixed maximum supply of currency? According to the Bitcoin protocol, only a maximum of 21m BTC can exist. And that they are created via mining in a …

It's not that Syrians distrust the Internet. Its that they distrust their governments and politicians. And possibly their banks. There is already a lack of legal systems and order.…

I have a share of AAPL stock. I wish to sell it. I place the sell order with my brokerage, and I get fiat USD deposited into my account. This is exactly how Bitcoin is exchanged. W…

In due time. Commercial transactions will occur first, business to business. Consumer applications (like Coinbase) will emerge to support the local population who can use it via sm…

Does anyone have any good ideas on how one would pass on cryptocurrencies to family in the event of death? I imagine you just need to pass on the type of wallet used, and the mnemo…

Thanks, although I believe Buffet's general strategy is to buy undervalued businesses for the longer term. I was hoping for day trading strategies.

Hey, thanks for replying. I am the same person. I'm not really asking how to time buys and sells. I'm asking for models or strategies that traders might use alternatively to graph …

Many investments do not generate income, and the profit is made from the appreciation of the asset (ex. A Da Vinci painting, or gold). You can make a profit off of the mispricing a…

I do fairly well with my stocks and cryptocurrency investments. My general strategy is to buy and hold. I have done well by sticking with what I know (tech). I'm interested in dabb…