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Bitcoin, altcoin, cryptocurrency thread

even though i'm envious of the returns people are seeing i just don't see value in any of these coins

if i were to invest it would be with the coins that have some underlying technical merit and a name that isn't cliche'd/ridiculous. probably the wrong mindset for success in this arena so i'll likely just stay an observer.
 
jamisonbaines said:
even though i'm envious of the returns people are seeing i just don't see value in any of these coins

if i were to invest it would be with the coins that have some underlying technical merit and a name that isn't cliche'd/ridiculous. probably the wrong mindset for success in this arena so i'll likely just stay an observer.
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In the old days it was Gold and Silver follow e by cash. After cash we saw credit cards and after credit cards we saw online payments via smartphones like Apple Pay and Google Pay etc.. What is next is Cryptocurrencies.. Governments like this and will want this. Watch and see
 
obeygiant said:
How do I buy ripple?
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You can see them all under markets on Coinmarketcap.com Becareful buying after huge gains. Makers are very volatile.



https://coinmarketcap.com/currencies/ripple/#markets


7657729A-A38A-4603-9794-CA0EDA567A74.jpeg



2BA8310F-CE39-4D9C-8C97-FB3AC0DABE22.jpeg
 
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stylinexpat said:
In the old days it was Gold and Silver follow e by cash. After cash we saw credit cards and after credit cards we saw online payments via smartphones like Apple Pay and Google Pay etc.. What is next is Cryptocurrencies.. Governments like this and will want this. Watch and see
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Seems that cash is basically a physical representation of currency/money, while credit cards or online payments are just slightly different representations of the same thing--they aren't really some new/different type of currency/money, unlike something like gold or silver is, or cryptocurrency.
 
C DM said:
Seems that cash is basically a physical representation of currency/money, while credit cards or online payments are just slightly different representations of the same thing--they aren't really some new/different type of currency/money, unlike something like gold or silver is, or cryptocurrency.
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Cash,Gold and Silver you can stash. One of the reasons Silver and Gold was manipulated from appreciating in value. Down the road the government will have their own cryptocurrency that they can monitor and key words are "MONITOR" which is what they like and want. Give it time and see...
 
stylinexpat said:
cryptocurrency that they can monitor
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Why does it need to be "crypto"?

Just remove cash as an option and governments will have no problem following every $.


All crypto"currencies" aren't really currencies, the started as some geek game turned into grease for criminal enterprises and now just a different form of casino.
 
Bug-Creator said:
Why does it need to be "crypto"?

Just remove cash as an option and governments will have no problem following every $.


All crypto"currencies" aren't really currencies, the started as some geek game turned into grease for criminal enterprises and now just a different form of casino.
Click to expand...

Everything can be used to do good or bad with what you have. Knives can be used in kitchens to prepare food while criminals will use them to commit crimes with,computers are used to work with while criminals will use them to commit crimes with,cars are used for transport while criminals will use them to commit crimes with,etc.. Crooks and criminals will always look for the bad in the good out there
 
Yeah bitcoin got a bad rap because of silk road and the like.

I think the time to invest in bitcoin has passed though, last January was the sweet spot. I believe I've missed the train. :(
 
QTUM, wait and see

Happy New Years to you my dear friend
[doublepost=1514758673][/doublepost]
obeygiant said:
Yeah bitcoin got a bad rap because of silk road and the like.

I think the time to invest in bitcoin has passed though, last January was the sweet spot. I believe I've missed the train. :(
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Wait for pullback on all of them then buy the dips and pullbacks. From 2008 after market crash the market rallied up for 9 years straight.
 
You got to ask them.....


Bitcoin in it's current form is 100% useless as currency as it lacks a stable value.

There is also the issue that a great part of the limited number is still in the hand of few early adaptor/insiders.
Some of them even generated using bugs in the code.

All arguments I've heard against using normal currencies in everyday life are even more true for crypto and unless your paranoid or are actually a fugitive from the law your better of with a normal bank account.

Or in short, Bitcoin is a perfect Ponzi scheme, and with all Ponzi schemes you have people with eyes wide shut who in the end will either complain that law enforcement didn't step in or when they did that they are responsible for the crash.
 
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Bug-Creator said:
You got to ask them.....


Bitcoin in it's current form is 100% useless as currency as it lacks a stable value.

There is also the issue that a great part of the limited number is still in the hand of few early adaptor/insiders.
Some of them even generated using bugs in the code.

All arguments I've heard against using normal currencies in everyday life are even more true for crypto and unless your paranoid or are actually a fugitive from the law your better of with a normal bank account.

Or in short, Bitcoin is a perfect Ponzi scheme, and with all Ponzi schemes you have people with eyes wide shut who in the end will either complain that law enforcement didn't step in or when they did that they are responsible for the crash.
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I believe back in 1817 when the stock market first was created in the US many thought it was a Ponze Scheme and some stocks that listed on the market were perhaps fraudulent. During the first few years many did not have a stable value and either did the whole stock index. The same now applied to Cryptocurrencies. It is still New and and New values are hard to justify in the beginning but over time their real values will show.
 
Those stocks represented part ownership of a company, hence their was some real value behind them (well except for those that were just frauds).

Bitcoin has no real value behind it and it has no other means to grow in value then getting some more suckas hooked.
 
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obeygiant said:
How is your ETH doing now. Last time I looked it was at $700
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Phenomenol!

Since then I started paying attention. Took profit and diversified into more alt coins. My portfolio is rather nice right now.

I have been using Bitconnect and USI-Tech and the gains have been incredible as well. I decided since I'm so a head to do what I can to make some USD and accumulate more BTC.

If it reaches my target price this year or 2019 I'll be able to payoff my mortgage.

I'm hoping it can run that long!
 
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Bug-Creator said:
You got to ask them.....


Bitcoin in it's current form is 100% useless as currency as it lacks a stable value.

There is also the issue that a great part of the limited number is still in the hand of few early adaptor/insiders.
Some of them even generated using bugs in the code.

All arguments I've heard against using normal currencies in everyday life are even more true for crypto and unless your paranoid or are actually a fugitive from the law your better of with a normal bank account.

Or in short, Bitcoin is a perfect Ponzi scheme, and with all Ponzi schemes you have people with eyes wide shut who in the end will either complain that law enforcement didn't step in or when they did that they are responsible for the crash.
Click to expand...

I agree. Bitcoin and other "free" cryptocurrencies are nothing but Ponzi schemes. Some people will get rich on it, but it's not investing. It's speculation at best, but I lean towards fraud and criminal activity.

Everything that is considered immoral about currency speculation by manipulators is even worse in cryptocurrencies. I truly hope that governments will start to criminalize the use of bitcoin and the like.
 
I used coinbase in the beginning. I got pretty deep since I started seeing real profit.

I trade on Binance mostly then transfer to GDAX to cash out.

If you use Coinbase - stop - and google/youtube GDAX. GDAX is coinbase! It's their trading platform. Fee's are MUCH cheaper so you can trade BTC/ETH/LTC if you like.

I have been making almost $50 USD a day through my various platforms that I have been joining. For a few clicks a day I'm getting some very useful income coming in. All passively!

This could be life changing stuff
 
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kapolani said:
I used coinbase in the beginning. I got pretty deep since I started seeing real profit.

I trade on Binance mostly then transfer to GDAX to cash out.

If you use Coinbase - stop - and google/youtube GDAX. GDAX is coinbase! It's their trading platform. Fee's are MUCH cheaper so you can trade BTC/ETH/LTC if you like.

I have been making almost $50 USD a day through my various platforms that I have been joining. For a few clicks a day I'm getting some very useful income coming in. All passively!

This could be life changing stuff
Click to expand...

signing up for gdax, but i don't see ripple on there yet...

oh wait...


gotta jump thru some hoops
 
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obeygiant said:
signing up for gdax, but i don't see ripple on there yet...

oh wait...


gotta jump thru some hoops
Click to expand...

I have a bunch of free Ripple. I was starting to hear some buzz about it a month or so ago. Ended up getting a bunch at $.40. Took profit to get my initial investment back and now riding some free coins.

I have been making good BTC trading: ADA, XRP, XVG, BTC, ETH, and NEO.

I'm trying to accumulate as many of the top coins I can (after getting all initial back) and plan on holding on for the long term.

I've been trading as a hobby for the last 15 years or so. Nothing too serious, but enough to pay for trips and buy some extra toys.

I have made more in 3/4 months than I have in all my years trading. If you can read charts and have a solid process it is pretty hard NOT to make money.

Not sure how much longer this is going to go on a la beanie babies, but I hope to make as much money to payoff bills and set us up for the rest of our lives.

It's crazy.

GDAX:

If you have a Coinbase account you already can sign into GDAX. It's the same account. Just login.

You can ACH transfer money from a bank account. It takes a while though. Or you can buy with CC on Coinbase and then WITHDRAW/Transfer from GDAX. It's free. If you send BTC you pay network fees.

Protip - don't send your money as BTC to exchanges. I convert to ETH/LTC. Faster and cheaper fees. Then convert back to BTC on the exchange.
 
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