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    crypto for beginners

    Yes, the current sale is a token sale that runs for close to a year. Once that is over, holders must claims their tokens by assigning a key. Those claim addresses will then form the genesis block of the new blockchain when it is launched next year. There will be no mining or supply after that...
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    crypto for beginners

    I have bought some in the crowd sale, but not as big a position as I would like because it was overpriced IMO for the stage it was at. I should have bought a lot more when it dropped to the 70 cent range.
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    crypto for beginners

    Ripple has a huge supply. It is a debt-based instrument, based on IOUs. Plus, you can use Ripple without needing the Ripple tokens. Disclosure: I hold some Ripple from 4 years ago (some from when they were giving it away early on, plus some extra I bought). I haven't been bothered working out...
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    Bitcoin futures market and it's effect on price

    Theoretically, it shouldn't matter either way, because if the futures trade at a significant premium to actual bitcoin on exchanges, people could arbitrage by buying on an exchange and shorting the future, and vice versa when the future settles. The problem I see is potential for manipulation...
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    Bitcoin futures market and it's effect on price

    From what I've read, it is not really a futures market so much as a CFD. Settlements are all in fiat. I think the effect would be different if the futures contracts actually involved crypto delivery.
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    Cashing Out ?

    Going the long way of peer to peer is always going to get your a better price, but I think that is a reasonable spread for the service, given they are available at any time to buy your crypto off you. It also depends on circumstances. The ATO has a ruling that says that if you buy bitcoin for...
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    Tether & bitfinex scam?

    I never got the fascination with tether. If you want a crypto that is pegged to the USD, check out bitUSD on the bitshares platform. Your counterparty risk is not a company, but the entire bitshares blockchain. There is not much trade volume in it yet (chicken and egg problem), but I'm using it...
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    BTG Bitcoin Gold

    Is it just FOMO that keeps its price up? And maybe a bit of FOSO (fear of selling out) from holders at the fork? I know I have FOSO about BCH, even though I don't hold hopes for it gaining traction. I just think though, there is a lot of potential sellers that could dump on any price rise.
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    Cashing Out ?

    I have used LROS to pay rego and credit card bills. Can recommend them.
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    Steem

    This isn't the first time SC, so probably won't be the last. It was only a few months ago as I recall. I think it coincides with general alt coin mania. People randomly buying without investigating. During Steem bear markets, SBD tends to trade below $1.
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    Steem

    Down to $1.70 already according to http://www.steemdollar.com/
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    Steem

    Thanks for the heads up.
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    Call the Top for BTC 2017?

    If you bought BTC to buy pizza, and you spend the bitcoin for personal goods or services, and you bought less than $10,000 worth, you could be exempt from capital gains tax. See...
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    Easiest way to sell BTC for cash?

    I would second localbitcoins.com. Lots of options: f2f cash, bank transfers, cardless cash. If you find a trader you trust, you can then use them for follow up deals. I have a guy who has come back to me three times with larger transactions each time f2f for cash or bank transfer. We deal direct...
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