Finance cryptocurrency

Started by JMG, May 28, 2017, in Life Add to Reading List

  1. JMG
    Posts: 11,418
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    Joined: Dec 3, 2014

    JMG

    May 28, 2017
    anyone f--king with it? im sure most people heard of bitcoins but there is other digital coins popping up like ethereum that was selling for 8 dollars months ago now its up to 170 and growing. its gonna fall a little bit and im gonna drop a couple stacks on it. if people bought $100 worth of bit coins in 2010 they would have 35 million today.
    @reservoirGod
     
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  2. Cunner
    Posts: 9,990
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    Cunner

    belter skelter

    May 28, 2017
    Feels like I missed the ship by a lot
     
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  3. JMG
    Posts: 11,418
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    Joined: Dec 3, 2014

    JMG

    May 28, 2017
    Yeah but its not too late. If you have 2100 for a bitcoin right now it could possibly double ur money by end of year. I have 2 and I'm gonna buy 10 shares of ethereum which is right behind bitcoin. Then you got litecoin at 30 dollars which will go up.. or you could even buy ripple at 20 cents... do your research.. this is the future. Just look at the charts.
     
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  4. reservoirGod
    Posts: 7,569
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    Location: Alaska

    reservoirGod

    reckless adventurer.

    May 29, 2017
    ethereum.
     
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  5. dna hits
    Posts: 3,938
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    Joined: May 3, 2017

    May 30, 2017
    I'm still sick in my stomach from not buying bitcoins back when I came across them in 2012. I bought one a few years ago to buy a certain research chemical online a few years ago and had a little of it remaining but can't seem to find the wallet that I used.

    But yeah ethereum looks to be promising. Im also taking a risk on some lite coin. I think buying mutiple of these currencies and as long as one of them turn out to be half of what bitcoins is at you could make a huge investment profit. I remember when Silk Road was still open and me and a friend joking about cryptocurrency being the next big thing.
     
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  6. ChadCunt
    Posts: 25,221
    Likes: 52,295
    Joined: Nov 29, 2014

    ChadCunt

    i fucked your missus

    May 31, 2017
    will forever hate myself for not buying a bitcoin when i was 12.

    @JMG be careful, there are a lot of "pyramid scheme" crypto currencies popping up. seen a few/had f--king uber drivers try to scam me with them. never heard of ethereum, just do a lot of research.
     
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  7. theg
    Posts: 11,858
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    Joined: Feb 17, 2011

    theg

    perfect

    Jun 1, 2017
    going to start up with this too, figured it was too late to get into it but im gonna start research this weekend and try to get into it by summer
     
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  8. reservoirGod
    Posts: 7,569
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    Location: Alaska

    reservoirGod

    reckless adventurer.

    Jun 12, 2017
    Ethereum on 6/1/17 $225

    Ethereum today $360.



    :dkk:
     
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  9. Howie
    Posts: 588
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    Joined: Nov 23, 2014
    Location: Florida

    Jun 19, 2017
    Do you have any recommended sites for research and exchanging these? Anything for beginners.
     
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  10. reservoirGod
    Posts: 7,569
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    reservoirGod

    reckless adventurer.

    Jun 19, 2017
    Coinbase.
     
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  11. Slyk
    Posts: 5,645
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    Joined: Feb 15, 2011
    Location: Detroit -> Chicago.

    Slyk

    God made a prophet.

    Jun 19, 2017
    i just spent most of this weekend researching cryptos & blockchain. could spend an hour talking about em now. shit gets super technical.
     
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  12. Slyk
    Posts: 5,645
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    Location: Detroit -> Chicago.

    Slyk

    God made a prophet.

    Jun 19, 2017
    here's my list that i'm tentatively looking at to invest in + some rough notes:

    ripple:
    $0.27
    reduce financial tx fees; backed by some banks already
    medum for converting any currency into any other one without relying on a central exchange
    think of it as a new paypal, where there are no (limited) fees. paypal acts as an intermediary to allow you to send money over the internet, but it's centralized and charges high fees
    “enables banks to settle cross-border payments in real time, with end-to-end transparency, and at lower costs.”

    siacoin:
    $0.17
    decentralized data storage

    maidsafecoin:
    $0.49
    decentralized data storage

    monero:
    $51.69
    anonymizes btc; built on privacy first
    sounds like the tech & capabilities are higher than those of dash

    dash:
    $181.41
    anonymizes btc; hsa some privacy settings built on top of the protocol

    ethereum:
    $390
    api to build apps ontop of blockchain system
    microsoft, intel, etc. backing

    factom:
    $31.72
    similar to ethereum & btc (?)

    litecoin:
    $44.75
    sounds similar to btc

    gridcoin:
    $0.08
    benefits humanity by advancing the progress of medicine, biology, climatalogy, math, astrophysics, etc.

    firstcoin:
    $2.48
     
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  13. Slyk
    Posts: 5,645
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    Location: Detroit -> Chicago.

    Slyk

    God made a prophet.

    Jun 19, 2017
    ^every chart for those (minus firstcoin) looks like this right now:
    upload_2017-6-19_15-56-19.png
     
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  14. Slyk
    Posts: 5,645
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    Joined: Feb 15, 2011
    Location: Detroit -> Chicago.

    Slyk

    God made a prophet.

    Jun 19, 2017
    i just linked my bank to coinbase and am awaiting the funds to transfer. gonna link to bittrex then and likely invest in most of the above.
     
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  15. Jehovah
    Posts: 13,356
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    Joined: Mar 14, 2015

    Jehovah

    SB3

    Jun 19, 2017
    hella confused by all this shit but im tryna throw money at somethin
     
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  16. Alchemist34
    Posts: 4,742
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    Joined: Feb 22, 2011

    Alchemist34

    DO MY HEAD

    Jun 19, 2017
    I can't be fucked researching can someone just tell just tell me which one to invest in thx
     
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  17. Howie
    Posts: 588
    Likes: 390
    Joined: Nov 23, 2014
    Location: Florida

    Jun 19, 2017
    With Coinbase, you can only buy the big 3? What about the other 700 or so? Just not worth it?

    @Slyk how do you buy your recommendations? Where do you do your research?
     
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  18. joeyp363
    Posts: 7,273
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    Joined: Feb 15, 2011

    Jun 22, 2017
    Crazy I didnt know there was a community here for crypto currency. I am big into Ethereum. I was told by my brother in law in August of 2015 to invest in ethereum because he works in that industry and had a lot of faith in it taking off. I am a risk taker as is so I took my emergency fund of 10,000 USD and bought 10,000 Ether at a dollar a piece. Needless to say you guys can do the math but it has been both life changing and nerve wracking. I literally watch ethereum trading all day but I am holding out in hopes of reaching 1000 some day. I have taking a little out to pay off my loans and am looking to possibly take a bit more out help diversify. If you guys have any questions let me know!
     
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  19. Boolo
    Posts: 340
    Likes: 1,309
    Joined: Dec 5, 2014
    Location: Harlem, New York City

    Jun 25, 2017
    Bought at ~$400 towards the end of 2013, still holding them. Will probably go up as long as a republican is in office @ the US.

    [​IMG]
     
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  20. KanYeezy99
    Posts: 1,416
    Likes: 1,261
    Joined: Oct 12, 2016

    KanYeezy99

    STICK AND MOVE THEN I SKRT SKRT SKRT

    Jun 25, 2017
    DAMNNNNN WHY THE f--k DIDNT U BUY CAN U BE MY DUDE
     
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