Cryptocurrency

[AAAgent]

Ok guys.....not feeling good. We are rising way to fvcking fast. I got served a video add for a new coin offering. Screaming bubble. Fundamentals say not bubble and only higher and things are getting worse on the economic and stability side. I'm still holding.

Maybe it is in a bubble looking at historical charts but maybe 5 years from now, it wont be anything more than blip on the charts. Hardly anybody owns these assets and only 10% of people have even heard about it.

BTC - $2480
ETH - $190
LTC - $35

 

[AAAgent]

Altcoins sold off yesterday and there was a huge spike into BTC pushing it above 2800 from 2500 in less than 12 hours. crazy move. Massive correction ensued afterwards where BTC lost $500+ to roughly 2200-2300. Seems to have recovered and we might be on our next leg up. We shall see.

BTC - $2500
ETH - $188
LTC - $31

I did get into the Veritaseum ICO.

 

[wifehunter]

Bitcoin is different than any other market...it's uninflatable, more scarce and portable than gold.

Japan just approved it for normal transactions.

These are uncharted waters. To call "bubble" is to assume it's like other markets, which it's not.

I'm bullish, and based on my study...I agree, bitcoin could go to the moon.

 

[PrettyBoyAJ]

How do you guys purchase your bitcoin and eth? Looking to get my hands dirty with some eth.

 

[Who Dares Win]

Those damn ripple arent growing at all from more than a month, do you believe is worth to sell them at current price or wait a lil bit more?

Wish I bought more eth and less of them

 

[wifehunter]

Those damn ripple arent growing at all from more than a month, do you believe is worth to sell them at current price or wait a lil bit more?

Wish I bought more eth and less of them

From what I've heard...governments are involved with ripple. So, it's not a priority...

bitcoin, however. ..

 

[wifehunter]

How do you guys purchase your bitcoin and eth? Looking to get my hands dirty with some eth.

I use coinbase, but I'm not happy with the fee increase...I'm looking for a new exchange.

 

[PrettyBoyAJ]

Ok, let me know what you find. I'm looking to buy some Ethereum.

Update: so actually used coin base to buy some Ethereum. I will just hold and sell one of these days. I added a credit card to buy but I'm sure when I sell I need to have a bank account verified. When I try verifying my bank it asks for a log in. When I login it asks me one of my verification emails. When I put my answer in it just asks the same verification over and over again.

Anyone else have an issue like this? I'll probably just try again tomorrow. The important thing was I bought.

 

[AAAgent]

When you login to coinbase, you use your coinbase login details. When you're linking your bank info, and select your bank, it will ask for your online banking login details. Are you entering your online banking login details?

FYI coinbase is the most user friendly exchange but customer service sucks.

I'm signed up for 4 exchanges. Don't pidgeon hole yourself into one exchange. When BTC spiked from 1800-2800 in 2 days last month, coinbase ended up crashing due to 40k users signing up in one day. Have multiple exchanges. Keep your crypto off the exchanges. If one of these exchanges crashes due to high traffic volume and you want to sell, you will be sh1t out of luck.

Kraken, Gemini, Bittrex, Poloniex, Gdax are all exchanges I use. Very good money to be made here as long as you're not an idiot like those guys who talk about CD's and bonds. Financial system is already collapsing. A spanish bank collapsed last week and was bought for 1 EURO.

Another reason to keep your crypto off these exchanges is because when the system collapses, who knows if these exchanges will collapse with it. Hardware or paper wallet are the safest.

You can also try Exodus wallet.

 

[wifehunter]

When you login to coinbase, you use your coinbase login details. When you're linking your bank info, and select your bank, it will ask for your online banking login details. Are you entering your online banking login details?

FYI coinbase is the most user friendly exchange but customer service sucks.

I'm signed up for 4 exchanges. Don't pidgeon hole yourself into one exchange. When BTC spiked from 1800-2800 in 2 days last month, coinbase ended up crashing due to 40k users signing up in one day. Have multiple exchanges. Keep your crypto off the exchanges. If one of these exchanges crashes due to high traffic volume and you want to sell, you will be sh1t out of luck.

Kraken, Gemini, Bittrex, Poloniex, Gdax are all exchanges I use. Very good money to be made here as long as you're not an idiot like those guys who talk about CD's and bonds. Financial system is already collapsing. A spanish bank collapsed last week and was bought for 1 EURO.

Another reason to keep your crypto off these exchanges is because when the system collapses, who knows if these exchanges will collapse with it. Hardware or paper wallet are the safest.

You can also try Exodus wallet.

Thanks, do these exchanges have an app like coinbase, or are you just using a browser?

I may need to get a new pc. Still on xp.

 

[PrettyBoyAJ]

When you login to coinbase, you use your coinbase login details. When you're linking your bank info, and select your bank, it will ask for your online banking login details. Are you entering your online banking login details?

FYI coinbase is the most user friendly exchange but customer service sucks.

I'm signed up for 4 exchanges. Don't pidgeon hole yourself into one exchange. When BTC spiked from 1800-2800 in 2 days last month, coinbase ended up crashing due to 40k users signing up in one day. Have multiple exchanges. Keep your crypto off the exchanges. If one of these exchanges crashes due to high traffic volume and you want to sell, you will be sh1t out of luck.

Kraken, Gemini, Bittrex, Poloniex, Gdax are all exchanges I use. Very good money to be made here as long as you're not an idiot like those guys who talk about CD's and bonds. Financial system is already collapsing. A spanish bank collapsed last week and was bought for 1 EURO.

Another reason to keep your crypto off these exchanges is because when the system collapses, who knows if these exchanges will collapse with it. Hardware or paper wallet are the safest.

You can also try Exodus wallet.

I'm entering in my banking info. It's linked to my bank account, I'm just having trouble verifying it.

How do I keep them off the exchanges?

I bout some Ethereum today.

 

[wifehunter]

I'm entering in my banking info. It's linked to my bank account, I'm just having trouble verifying it.

How do I keep them off the exchanges?

I bout some Ethereum today.

You can send bitcoin to a wallet on your phone or computer.

 

[PrettyBoyAJ]

Is that what most of you guys do? Put it in your wallet?

 

[wifehunter]

Is that what most of you guys do? Put it in your wallet?

They should really call it something else. It's not an actual wallet.

It's software/App that you can store bitcoin locally, on your phone or computer. You can also encrypt it, and back it up.

Google: bitcoin wallet

 

[AAAgent]

Thanks, do these exchanges have an app like coinbase, or are you just using a browser?

I may need to get a new pc. Still on xp.

I believe coinbase is the only one with an app. I could be wrong. I'm still getting verified on some exchanges as the last major inflow really slowed down many exchanges.

If you have a desktop wallet. reformat your pc and don't visit shady sites, i.e. porn or whatever else is prone to spyware (don't torrent). Not worth the risk of getting keylogged. A new PC is ideal.

 

[AAAgent]

I'm entering in my banking info. It's linked to my bank account, I'm just having trouble verifying it.

How do I keep them off the exchanges?

I bout some Ethereum today.

Look up Exodus wallet. A pretty easy to use, good interface and multiple currency wallet. You can learn about paper wallets as well. Basically just printing out your bitcoin, ethereum, etc. onto a piece of paper and storing it away in a safe place (i.e. a safe or somewhere hidden). If you are doing a paper wallet, don't print on crappy paper, be aware of storing in places that can get moist or wet, etc. If you want to get techy, you can look into hardware wallets. the 2 most popular wallets are "The Ledger" or "Trezor". I opted for the ledger.

Learn the coins. Ethereum is not really a crypto currency. It's a platform built ontop of the blockchain protocol. It's supposedly Internet 3.0 that everyone believes is the wave of the future that ALL corporations will need to build on. Similar to what http is now, but a better faster, decentralized version. Ethereum token is the currency/token you need to feed to the Ethereum platform when you build ontop of the platform. There are platforms that are being built ontop of Ethereum that have their own tokens. Such as BAT and Golem.

Bitcoin will probably be either a store or wealth or the way or transacting in the future. Depending on how the next couple of months go, we should know whether bitcoin turns into digital gold that people use to store wealth more so, as opposed to transacting. If bitcoin becomes more of a store of wealth option, there are plenty of digital currencies that could be use to transact in. Litecoin, Dash, etc.

 

[wifehunter]

A new PC is ideal.

Yep, working on that today. Thanks!!!

 

[Who Dares Win]

I believe coinbase is the only one with an app. I could be wrong. I'm still getting verified on some exchanges as the last major inflow really slowed down many exchanges.

If you have a desktop wallet. reformat your pc and don't visit shady sites, i.e. porn or whatever else is prone to spyware (don't torrent). Not worth the risk of getting keylogged. A new PC is ideal.

Agree best thing of all is buying a new computer and use it for cryptos only

 

[AAAgent]

Don't sell. Bitcoin is on it's way up to 2000+ this summer. All alt coins will rise with it.

That call was spot on. FYI I will no longer be talking about how much profit or etc I'm currently at. Just look at current current prices and review the thread for what I bought in at. I will try to help any non brainwashed idiot that has questions about wallets, exchanges, the future of the space but I am in no way an expert. I am an opportunist. I see a shift in the global economic system already but who knows what will happen.

I expect BTC $10k this year with a 10:1 ratio BTC/ETH. I expect BTC to make up it's sluggishness recently very soon. There are some promising coins out there and alot of sh1t and scam coins. Be careful. Don't let them .com bust on you and do your research.

 

[wifehunter]

That call was spot on. FYI I will no longer be talking about how much profit or etc I'm currently at. Just look at current current prices and review the thread for what I bought in at. I will try to help any non brainwashed idiot that has questions about wallets, exchanges, the future of the space but I am in no way an expert. I am an opportunist. I see a shift in the global economic system already but who knows what will happen.

I expect BTC $10k this year with a 10:1 ratio BTC/ETH. I expect BTC to make up it's sluggishness recently very soon. There are some promising coins out there and alot of sh1t and scam coins. Be careful. Don't let them .com bust on you and do your research.

I'm thinking, I'm not putting enough on bitcoin. What's a good percentage? I've heard, 33% of your income. I'm at 10%.