#arpnetworks 2018-01-28,Sun

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WhoWhatWhen
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mercutioerratic: that link didn't work for me for some reason, but i take it it's a case? [00:56]
erraticyeah its one of those miner rig cases [00:56]
mercutioi'm not daytrading in a big way, not too much that i can't afford to lose [00:56]
erraticchasis [00:56]
mercutioi used old pc's for mining [00:57]
erraticdo you hang out on spacestation on discord at all [00:57]
mercutionope? [00:57]
erraticsec I'll find the link
https://www.reddit.com/r/ethtrader/comments/6m9be7/spacestation_a_chat_for_traders_miners_and/
its kind of a toxic place but *shrug* 		[00:57]
mercutioi find a lot of those rooms just get people pm'ing you suggesting their 0 fee miner or to join pump and dump group [00:57]
erraticpeople talk about daytrading a lot on there I listen sometimes
yeah thats true theres a lot of those 		[00:58]
mercutioi'm only doing slight buying and selling, most of it i'm holding
i was doing well until all the altcoins crashed :)
even now i'm probably doing ok, cos i had heaps of smartcash, which seemed to triple in price in the last few weeks.. 		[00:58]
erraticwas that around the time that thing happened with bitcoin cash or whatever [00:59]
mercutionah this was after [00:59]
erraticor a few weeks ago it seems like its crashed a few times since I started watching it more [01:00]
mercutiobitcoin cash is how i got started [01:00]
erraticthere was a crash after south korea started talking about banning crypto currency [01:00]
mercutiocos i had all this "free" bitcoin cash from my bitcoin a while back.
i had about $500 worth or something i think.
but yeah i didn't trust bitcoin cash much, and so i wanted to trade it out on exchange
and mostly invested in SMART, GRS, DGB
GRS and DGB have both gone up slightly overall. SMART has gone up heaps. 		[01:00]
erraticnice
yeah ive just been playing around a bit 		[01:03]
mercutioyaeh i meant to do more research
but i got some stuff in the interim
all three are fast, reasonably sound seeming coins with ok looking communities
LUX is one of my latest i've been meaning to get more into, just need some more coin :) 		[01:03]
erratictheres so many now its hard to keep up [01:04]
mercutioyeah
it was so cnofusing when iw as getting started
something about ETH doesn't feel right
and it's unlikely to give huge returns 		[01:04]
erraticthe whole smart contract thing seems like a really bad idea
especially since that dao 		[01:05]
mercutiobut ETH, LTC, BTC people generally consider the safe three
i haven't looked that much into it 		[01:05]
erraticits pretty crazy they hard forked ethereum and thats how ethereum classic got started [01:06]
mercutioit's coins like zclassic that i'm buying and selling
i never really intend to use it for anything real :) 		[01:06]
erraticthe dao was a institution that exposed a bug in the ethereum contract model
leaked millions of dollars
https://en.wikipedia.org/wiki/The_DAO_(organization) 		[01:06]
BryceBotThe DAO (organization) :: The DAO was a digital decentralized autonomous organization, and a form of investor-directed venture capital fund. The DAO had an objective to provide a new decentralized business model for organizing both commercial and non-profit enterprises. It was instantiated on the Ethereum blockchain, and had no conventional management structure or board of directors. The code of the DAO is open-source. The DAO was stateless, an [01:07]
mercutioho hmm [01:08]
erraticthen there was a thing called crypto kitties
http://www.bbc.com/news/technology-42237162
[01:08]
BryceBotTitle: "CryptoKitties craze slows down transactions on Ethereum - BBC News" [01:08]
mercutioyeh [01:09]
erraticI need to start following it again I've not much lately [01:09]
mercutioi don' teven follow how much bitcoin is worth atm
well not closely
i just sometimes buy and sell based upon value of coins compared to btc
all the coins seem to shift around BTC still
i think ETH might less than others 		[01:09]
erraticyeah btc is the only one that is tangible atm
like for example most things that you can purchase or spend btc on are btc
er spend crypto currency
so like you can buy gift cards, some sites take btc
I think thats why
I'm not really sure though 		[01:11]
mercutioyeah sites like coinpayments are going to change thigns a bit
for acceptance
but value is still going to track btc for a while yet i suspect 		[01:12]
erraticyeah thats sorta what I gathered
mmm noms
I need to fix my sleep schedule x_x 		[01:18]
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mordacmercutio: I gave you bad information, I received the email and the 26th is when it rebooted. I am out of town on business so a bit distracted and was looking at the wrong calendar. Appreciate your patience. [09:11]
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