Crypto currencies 101.....for us neophytes.

[jhurkot]

91,500$ Who's driving the price up right now I wonder?

I just bought $100 on Coinbase so probably me.


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[lilduke]

I just bought $100 on Coinbase so probably me.


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I had a buddy tell me Bitcoin was crap years ago when i was talking it up at 4000$. Basically told me to shut up.

Now that its 90g hes all interested. I just laughed at him.

 

[jhurkot]

I had a buddy tell me Bitcoin was crap years ago when i was talking it up at 4000$. Basically told me to shut up.

Now that its 90g hes all interested. I just laughed at him.

Someone has to buy the top.


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[NoBrakes!]

My brother has some BTC… hope it goes to a million and he retires!

 

[lilduke]

Someone has to buy the top.


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I dont think this is the top. I think it will crash a few more times before it gets there though.


I could make some good money right now, but the whole point of this for me was to diversify out of dollars. So to trade for dollar right now makes no sense to me, and niether does paying a bunch of tax

 

[ferniesnow]

Lots of information out there on US websites. Here’s one from Foxbusiness about the probability of BC going to $100K USD.

Anthony Pompliano: I wouldn't be shocked if Bitcoin is over $100,000 per share in the next 18 months | Fox Business Video

Pomp Investments' Anthony Pompliano says Bitcoin is now the 'favored' asset of Wall Street investors on 'The Claman Countdown.'

www.foxbusiness.com

 

[BILTIT]

Something is going on, Dogecoin is up 114% in the past week, XRP is up 21 % in the last week also.

 

[jhurkot]

Something is going on, Dogecoin is up 114% in the past week, XRP is up 21 % in the last week also.

Dog coins


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[NoBrakes!]

wasn’t there an investment strategy change with the big funds buying crypto now?

 

[ferniesnow]

wasn’t there an investment strategy change with the big funds buying crypto now?

Lots of articles on that exact topic in Foxbusiness.

 

[jhurkot]

I dont think this is the top. I think it will crash a few more times before it gets there though.


I could make some good money right now, but the whole point of this for me was to diversify out of dollars. So to trade for dollar right now makes no sense to me, and niether does paying a bunch of tax

Taxation is theft

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[Cableguy]

Oldest boy has been in and out of this last month run
He sayes he up 40gs on the ups and downs
Im to chicken to play that game

 

[Clode]

I just bought $100 on Coinbase so probably me.


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So coinbase is what you use to trade.

 

[BILTIT]

So coinbase is what you use to trade.

There seems to be many options for trading, I use Kraken and Ledger. Mostly personal preference i think.

 

[lilduke]

Gold is sitting at a all time high as well.. Not much confidence in the dollar maybe.

 

[jhurkot]

So coinbase is what you use to trade.

I would use Coinbase if you want something easy.


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[BILTIT]

I steer clear of coinbase but too each thier own.

Coinbase Users Saw Zero Balances Again as Bitcoin Rallies

Coinbase Global Inc., the biggest US cryptocurrency exchange, said some individual investors saw zero balances in their accounts, the second such outage in less than a week.

www.bloomberg.com

 

[BILTIT]

And back down they come....

 

[ferniesnow]

I sold my Ether this morning. 3+ times my initial buy-in.
Now to see how far down this slide will be or will it go up from just a little slide?
Interesting times.

 

[jhurkot]

I sold my Ether this morning. 3+ times my initial buy-in.
Now to see how far down this slide will be or will it go up from just a little slide?
Interesting times.

Shoulda waited


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