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Quick Way to Cash in With Reddcoin

Discussion in 'CryptoCurrency' started by SeanAustin, Jul 29, 2014.

  1. SeanAustin

    SeanAustin Power Member

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    Just thought I'd share that Reddcoin is about to launch a POSV wallet. No need to go into detail on what that is, but essentially, it's an innovation that is somewhat groundbreaking in the crypto community.

    It launches on the 2nd of August and prior to, the price will steadily drop. Then when that date hits, get ready to see a nice spike in its price. Obviously, there is some very quick money to be made, or some serious money to be made if your willing to keep your coins long-term.

    But of course, do the research yourself before you buy.

    And if it helps for reassurance purposes, my prediction from this thread has come true: http://www.blackhatworld.com/blackh...e-trade-your-dogecoin-reddcoin-just-sell.html
     
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  2. sashablack

    sashablack Elite Member

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    Thanks for the heads up and will be looking in to this :)
     
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  3. sirgold

    sirgold Supreme Member

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    I can potentially foresee a TON of uses for this bad guy, the concept is solid. Let's just hope it picks up for good and those uses will turn into a TON of profit for the early birds... ;)
     
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  4. TheUnborn

    TheUnborn Elite Member

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    Thanks for the tip,will try to get some
     
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  5. divok

    divok Senior Member

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    same was with darkcoin. price shot up prior to this ground breaking crypto thing , but their masternode thing failed and and the prices tanked 66%. I had mined some of the DRK when it was worth cents , I was thinking of selling them when price was around 18 , now its 6 .
    So be aware of pitfalls too .
     
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  6. superduper7

    superduper7 Regular Member

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    Thanks I for the info bro
     
  7. ming34

    ming34 Regular Member

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    Thanks for the info and making us aware
     
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  8. funadelic

    funadelic Newbie

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    But what's the real intention behind this next cryptocurrency?
    - Is it to create another speculation-bubble - or better known as a ponzi scheme - by hyping it up as 'social coin' or
    - is it really only about what they say on their website:"Reddcoin as a cryptocurrency allows an easy and reliable way to send money between friends and followers alike."

    If it's only for 2nd reason, also for easy online transactions, then a 'classic' wallet-system-web-application backed up by real bank accounts in $, £, euro's or whatever is all there's actually needed.
    There's no need of a limited 'coin' backed up by useless computer-resources for their 'mining'.
    If this cryptocoin is going to start to get popular because of the 2nd reason, then it's going to be exploited by big-money-speculation which will end up in a bubble ...
     
  9. Techxan

    Techxan Elite Member

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    I have 27,000 redd. I hope you are right.
     
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  10. Duffers5000

    Duffers5000 Elite Member

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    Ok Im going to drop a few quid into this. According to wesellredd the current exchange rate is $0.19064 per 1K RC

    Any prediction on how low it will go before I should look to buy ?
     
  11. seo2buck

    seo2buck Regular Member

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    Can you use the Reddcoins to buy stuff on internet ? and how can you cash out Reddcoins for USD ?
     
  12. SeanAustin

    SeanAustin Power Member

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    I'm an RDD multimillionaire. I hope so too!
     
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  13. SeanAustin

    SeanAustin Power Member

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    very hard to say, but my best guess is that early August 1st might be the best time to buy... Or maybe 16 hours ago was the best time to buy...

    wish I could give you a better answer.

    and sorry for the double post, typing from the iPhone atm.
     
  14. seo2buck

    seo2buck Regular Member

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    How long time does it take to get apporved/verified on bitstamp.net?
     
  15. SeanAustin

    SeanAustin Power Member

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    Not sure, but you might want to check out wesellredd.com IF all you are looking to do is buy some RDD
     
  16. seo2buck

    seo2buck Regular Member

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    Also after downloaded the Reddcoin wallet, how do i generate a reddcoin adress? All i could find was "create new adress" but don't know what to fill in there in those 2 fields: Tag & adress

    Help thanks!
     
  17. SharkServers

    SharkServers Regular Member

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    tag (label in my case): basically anything that helps you identify that address
    address: you can't fill that field. It will be automatically filled with your new address once you click OK

     
  18. Chile

    Chile Newbie

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    How do you exchange reddcoins for USD?
     
    Last edited: Jul 30, 2014
  19. SeanAustin

    SeanAustin Power Member

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    With an exchange like cryptsy.com
     
  20. Chile

    Chile Newbie

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    How high do you see them going?