Bitcoin and Cryptocurrency Thread

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  • LUClEN
    LUClEN Members Posts: 20,559 ✭✭✭✭✭
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    LUClEN wrote: »
    Litecoin was flying the other day. A bit late to get in now, idk how much more momentum it has

    You haven't answered my questions man. What exchanges do ya'll recommend?

    I use poloniex.
  • Fosheezy
    Fosheezy Members Posts: 3,204 ✭✭✭✭✭
    edited August 2017
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    It's interesting how much steam the Bitcoin market is getting. Like, i'm starting to see noobs come out the wood works trying to get in and even new people trying to teach about it. Which concerns me. I'd rather stick with trading stocks of the companies that mine them already. Bitcoin already seems almost absurdly high enough as it is, and for no really clear reason other than hype or something unseen. And it's projected to keep going even further? lol
  • DaFifthElement
    DaFifthElement Members Posts: 4,764 ✭✭✭
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    It'll pass the DJIA next year
  • LUClEN
    LUClEN Members Posts: 20,559 ✭✭✭✭✭
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    It'll pass the DJIA next year

    Why so certain?
  • LUClEN
    LUClEN Members Posts: 20,559 ✭✭✭✭✭
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    Fosheezy wrote: »
    It's interesting how much steam the Bitcoin market is getting. Like, i'm starting to see noobs come out the wood works trying to get in and even new people trying to teach about it. Which concerns me. I'd rather stick with trading stocks of the companies that mine them already. Bitcoin already seems almost absurdly high enough as it is, and for no really clear reason other than hype or something unseen. And it's projected to keep going even further? lol

    Wats the advantage of trading mining company stocks?
  • Fosheezy
    Fosheezy Members Posts: 3,204 ✭✭✭✭✭
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    LUClEN wrote: »
    Fosheezy wrote: »
    It's interesting how much steam the Bitcoin market is getting. Like, i'm starting to see noobs come out the wood works trying to get in and even new people trying to teach about it. Which concerns me. I'd rather stick with trading stocks of the companies that mine them already. Bitcoin already seems almost absurdly high enough as it is, and for no really clear reason other than hype or something unseen. And it's projected to keep going even further? lol

    Wats the advantage of trading mining company stocks?
    The main advantage to me is cheaper to get a piece of the action and easier to play the charts. To get an actual bitcoin I'd have to do hella more learning before I can even begin. And even if I did decide to start I imagine I'd have to drop thousands.
  • LUClEN
    LUClEN Members Posts: 20,559 ✭✭✭✭✭
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    Fosheezy wrote: »
    LUClEN wrote: »
    Fosheezy wrote: »
    It's interesting how much steam the Bitcoin market is getting. Like, i'm starting to see noobs come out the wood works trying to get in and even new people trying to teach about it. Which concerns me. I'd rather stick with trading stocks of the companies that mine them already. Bitcoin already seems almost absurdly high enough as it is, and for no really clear reason other than hype or something unseen. And it's projected to keep going even further? lol

    Wats the advantage of trading mining company stocks?
    The main advantage to me is cheaper to get a piece of the action and easier to play the charts. To get an actual bitcoin I'd have to do hella more learning before I can even begin. And even if I did decide to start I imagine I'd have to drop thousands.

    You can start with altcoins and play the crypto market
  • Fosheezy
    Fosheezy Members Posts: 3,204 ✭✭✭✭✭
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    LUClEN wrote: »
    Fosheezy wrote: »
    LUClEN wrote: »
    Fosheezy wrote: »
    It's interesting how much steam the Bitcoin market is getting. Like, i'm starting to see noobs come out the wood works trying to get in and even new people trying to teach about it. Which concerns me. I'd rather stick with trading stocks of the companies that mine them already. Bitcoin already seems almost absurdly high enough as it is, and for no really clear reason other than hype or something unseen. And it's projected to keep going even further? lol

    Wats the advantage of trading mining company stocks?
    The main advantage to me is cheaper to get a piece of the action and easier to play the charts. To get an actual bitcoin I'd have to do hella more learning before I can even begin. And even if I did decide to start I imagine I'd have to drop thousands.

    You can start with altcoins and play the crypto market

    I'll have to look into it I have no idea where to start with this market lol
  • konceptjones
    konceptjones Guests, Members, Writer, Content Producer Posts: 13,139 ✭✭✭✭✭
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    ? up. I completely forgot I had bought a few DigiByte coins and they dropped a little. I was waiting for them to go back up and during the SC drop I completely forgot I had DGB. looked at it today and them ? are worth about an eighth of what I paid for 'em. Went to dump 'em and I can't even sell 'em off 'cause I don't have enough to make .0001btc. I only bought 14 of 'em so I'm just stuck with 'em I guess.
  • LUClEN
    LUClEN Members Posts: 20,559 ✭✭✭✭✭
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    That's rough fam. I had something similar happen, except it was a coin called noblecoin. Ended up getting de-listed from the damn exchange and i had a thousand of them. Dumped them for less than half of what I paid for them :/
  • Fosheezy
    Fosheezy Members Posts: 3,204 ✭✭✭✭✭
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    What about Litecoin?
  • konceptjones
    konceptjones Guests, Members, Writer, Content Producer Posts: 13,139 ✭✭✭✭✭
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    LUClEN wrote: »
    That's rough fam. I had something similar happen, except it was a coin called noblecoin. Ended up getting de-listed from the damn exchange and i had a thousand of them. Dumped them for less than half of what I paid for them :/

    see... I was looking at Dogecoin again since it's soooooo cheap but I don't want to get stuck with a useless coin if it gets delisted and it looks like it's heading in that direction.
  • black caesar
    black caesar Members Posts: 12,036 ✭✭✭✭✭
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  • dwade206
    dwade206 Members Posts: 11,558 ✭✭✭✭✭
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    Market is still taking a beating. I'm being patient though. Did anyone panic-sell?
  • Olorun22
    Olorun22 Members Posts: 5,696 ✭✭✭✭✭
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    dwade206 wrote: »
    Market is still taking a beating. I'm being patient though. Did anyone panic-sell?

    im going to hold for awhile .. im glad bitcoin is fallen i want to get more
  • Olorun22
    Olorun22 Members Posts: 5,696 ✭✭✭✭✭
    edited September 2017
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    I should have sold my ? earlier
  • LUClEN
    LUClEN Members Posts: 20,559 ✭✭✭✭✭
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    Bittrex.com is a dope exchange
  • dwade206
    dwade206 Members Posts: 11,558 ✭✭✭✭✭
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    Lol, no it's not
  • LUClEN
    LUClEN Members Posts: 20,559 ✭✭✭✭✭
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    dwade206 wrote: »
    Lol, no it's not

    Way more coins on bitrex. Means more opportunities for money
  • dwade206
    dwade206 Members Posts: 11,558 ✭✭✭✭✭
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    Their platform isn't user friendly but I see your point. Btw, I'm hearing that China ICO/Exchange ban is only temporary.
  • LUClEN
    LUClEN Members Posts: 20,559 ✭✭✭✭✭
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    For sure. China has so much invested in cryptocurrency tech this is just a small bump
  • King Erauno
    King Erauno Members Posts: 6,754 ✭✭✭✭✭
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    ayo. yall heard about bitconnect?

    https://youtu.be/mrP5dqIiuhQ

    transfer bitcoin into it.. you start with a loan of $100. the robot pays you everyday based on the market fluctuation in interest.

    q8h30ff7vkwo.png
  • King Erauno
    King Erauno Members Posts: 6,754 ✭✭✭✭✭
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    joined a month ago.. made almost $30.

    2 $100 loans, and when you make $10 you can reinvest the money into another loan. you get paid interest on each loan, everyday
  • Go figure
    Go figure Guests, Members, Confirm Email, Writer Posts: 4,662 ✭✭✭✭✭
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    I been hearing ? about bitcoin skyrocketing this week but its quiet in here

    .............

    Any winners?
  • D. Morgan
    D. Morgan Members Posts: 11,662 ✭✭✭✭✭
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    Go figure wrote: »
    I been hearing ? about bitcoin skyrocketing this week but its quiet in here

    .............

    Any winners?

    Since Sept I've made $50 off my partial share of bitcoin.