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20 Nov 2018 12:37:06
Hi Ed. What's your view on the current decline? I expect it to return by next month when something happens around December 14th?

{Ed033's Note - i have no doubt that the crypto market will go back up to some degree with BTC/USD going up to around 6000 (this year). But after that i don't know whether it will go up or down from there.

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22 Nov 2018 13:35:21
Hi Ed, I was meant to reference BAKKT, which I believe is now put back until January. What are your thoughts (if any) on it as I've been told it could have a very positive influence on crypto currency.

{Ed033's Note - What should have a positive influence on crypto currency is all the advertising and marketing from crypto related companies making the general public aware of blockchain and crypto in 2019.

Bakkt should definitely have a very positive influence on crypto currency if it helps the large commercial institutions get involved in crypto.

However, if you're talking prices, then in 2018 there was loads of positive news about crypto and the prices in general kept going down most of the year (so far).

But what might make sense is if the powers want people to adopt crypto, then the best time to advertise and market cryptos to them is when the prices are rising. And prices typically rise after they've come down. This would mean that the powers would want crypto prices to rise in 2019.

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24 Oct 2018 15:08:22
Hello Ed033. Question for you, if you could help or have any info or leads you could direct me to. Do you know what the value is of the TBC (The Bilion Coin) and if there is a a market for it. I have a friend who has some and wants to look into converting it either into other cryptocurrencies or actual currencies. Any suggestions would be very much appreciated. Many thanks.

{Ed033's Note - TBcoin appears to be $0.001208 USD

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24 Oct 2018 18:04:19
Thanks for your help Ed033 ๐Ÿ‘๐Ÿ™.

{Ed033's Note - I don't know of a safe way to convert TBC.

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24 Oct 2018 10:24:59
Hi, I'm new to crypto currency and could do with any tips. I've just bought a few hundred ethereum which is sat in binance before I exchange for probably TRX. I've been advised that tron/ TRX is a good investment short term and maybe long term. Do the eds or anyone else have any suggestions on TRX or any other suggestions. I've got a tron wallet ready to transfer too as well.

{Ed033's Note - TRX might rise faster than ETH if the entire crypto market rises. The current price of TRX/ETH on Binance is 11645. What you could do is go onto Binance and set a trade up to buy TRX at 11645 or lower such as 10629 (current lower Bollinger Band level). If the price hits your target price, you've automatically bought TRX.

Also, you can look up dollar cost averaging for purchasing stuff.

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24 Oct 2018 12:08:48
Thanks ed. Apparently I need to vote when I exchange to tron/ TRX, and what is seeding and does it work?

{Ed033's Note - In order to vote for Super Reps you have to temporarily freeze some TRX in your wallet, in return you will receive Tron Power. Freezing TRX doesn't cost anything but your frozen TRX will be blocked for at least 3 days, but it is possible to unfreeze them.

When you have got Tron Power you go to the Votes page at: https://tronscan.org/#/votes, choose one or more Super Reps and manually write the amount of TRX that you want to assign to them as a vote, this costs 1 TRX.

They will have to make seeding work for people. Video about Tron seeding:

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24 Oct 2018 20:01:33
Crikey, if you have brought a few hundred ethereum that is a serious investment. You really need to do your own research into all the different coins and I would suggest spreading your investment between a number of coins as the ups and downs can be massive in a short space of time. Also, don't keep your coins in an online exchange as if they can go bust or get hacked you could lose everything. Happy trading.

{Ed033's Note - Yes, jamesy227 really good points. It's possible Supasub may have meant they purchased a few hundred pounds or dollars worth of Ethereum.

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24 Oct 2018 22:22:11
Correct ed. A few hundred pounds worth of ethereum, around 4.6 ethereum sat in binance which I want to exchange and shift to my wallet in the next couple of days.

{Ed033's Note - Good luck.

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23 Oct 2018 19:38:26
so how on earth do you go about 'mining' it?

{Ed033's Note - Bitcoin mining is now reserved for large scale operations.

What you need to mine Crypto coins:
You will need ten things to mine Litecoins, Dogecoins, Feathercoins etc.

1. A free private database called a coin wallet. This is a password protected container that stores your earnings and keeps a network wide ledger of transactions.

2. A mining software package, typically made up of cgminer and stratum.

3. A membership in an online mining pool, which is a community of miners who combine their computers to increase profitability and income stability.

4. Membership at an online currency exchange, where you can exchange your virtual coins for conventional cash.

5. A reliable constant internet connection, ideally faster than 2 megabits per second.

6. A hardware setup location in a cool and air-conditioned space.

7. A desktop or custom built computer designed for mining. You can use your current computer to start, but you won't be able to use the computer while the miner is running. A separate dedicated computer is ideal.

8. An ATI graphics processing unit (GPU) or a specialised processing device called a mining ASIC chip. The GPU or ASIC will be the workhorse of providing the accounting services and mining work.

9. A house fan to blow cool air across your mining computer. Cooling the hardware is critical for success.

10. You need to constantly learn as there are ongoing technology changes and new techniques for optimising coin mining results. The most successful coin miners spend hours every week studying the best ways to adjust and improve their coin mining performance.

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23 Oct 2018 20:18:00
best start at the beginning though 7, 8 and 9 I am fine with - my pc is liquid cooled so cooling should be covered, however, I do not know what a coin wallet is or how to get one or set one up, whichever applies.

{Ed033's Note - Coin wallet examples are:

1. Trezor (https://shop.trezor.io/)

2. Ledger Nano S (https://www.ledger.com/products/ledger-nano-s)

3. KeepKey (https://www.keepkey.com/)

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24 Oct 2018 04:54:12
I thought you said they were free!

{Ed033's Note - Those i mentioned are hardware wallets. You can get free software wallets, but the software wallets aren't as secure.

An example of a free software wallet is Exodus wallet

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24 Oct 2018 09:30:45
I was just thinking, if I was to start off, I would be very unlikely to earn enough for a long term to need a more secure wallet. If it becomes worthwhile later I would revisit that, but for now I am just looking to do it as cheaply as possible to see if it is worth bothering with.

{Ed033's Note - It would probably only be worth doing if the coins you mined end up being worth a lot more in the future. But if you think they will be worth a lot more in the future, then you can always buy those coins or tokens now.

An alternative to mining could be to buy some Redd Coin then hold the Redd Coin in their 'staking' app on your PC. They then give you 5% per annum extra Redd Coin. This assumes you think Redd Coin will increase in value.

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24 Oct 2018 10:57:38
Ed 33 great knowledge and insight.

Ed 001, like Ed 33 righly said, an alternative to mining is to buy and then resell at a higher price in future if the value of the coin appreciates.

There are exchanges that offer free software wallets. All you need do is register with them.

One Exchange that is quite reliable is Remitano but they do not support all coins. They only support bitcoin, bitcoin cash, ethereum, ripple, litecoin and USDT.

You can check it out. They have got live chat support in case you need to make more enquiries.

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24 Oct 2018 13:11:12
I don't have the spare cash to buy something I know almost nothing about. May as well gamble on football as do that, as it would be just as risky.

The idea was, I was thinking I could leave the comp mining to make extra money while I am sleeping. Then either hold onto it until it rises in value or sell it / use it.

{Ed033's Note - ok, good luck.

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23 Oct 2018 17:51:20
So ED 033

Whatโ€™s your take on the crypto currency revolution?

{Ed033's Note - Next year we may see mass adoption of crypto currency around the world.

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24 Oct 2018 11:03:23
Ed you are right. I think there will be more acceptance of cryptos as the world continues to develop.

I am thinking of holding bitcoin and ethereum as I see them as two of the most popular coins. I believe their values will increase greatly once again just like last year.

{Ed033's Note - Yes, Bitcoin and Ethereum seems a sound strategy.

If people are into trading though, although it is a big gamble, it's likely that a number of altcoins / tokens will outperform Bitcoin and Ethereum, but it's a case of being in the right altcoin /token and getting out at the right time also.

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24 Oct 2018 13:20:51
Yeah, very true. You really need to know when to cash out!

{Ed033's Note - That actually includes knowing when to cash out on Bitcoin and Ethereum.

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23 Oct 2018 14:40:20
Hi this is a new site where you can talk to others about crypto currency.

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