Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

[Liquid]

Why altcoins are dying and how to make one in under an hour
Why altcoins are dying and how to make one in under an hour

we need to make some coli coins from coli cash

@cook @Brooklynzson

That is horribly inaccurate and old as hell.

The altcoin market has exploded in the past year alone.

 

[theworldismine13]

That is horribly inaccurate and old as hell.

The altcoin market has exploded in the past year alone.

yeah but that part doesnt matter its just the fact that alt coins are easy to make

 

[heisenburrr]

I'm not sure you understand how "risk" works. Diversifying ALWAYS reduces risk becauses total failure is then dependent on multiple separate things failing. If everything doesn't fail then you don't lose everything. Investing in a single item increases risk because your entire investment is dependent on the success of one item.

Your confidence in Bitcoin doesn't change the fundamental definition of risk. It's all still just speculation, even with Bitcoin.

If you want to diversify you typically do it in different asset classes. Multiple eggs in the same cryptocurrency basket is not diversifying.

 

[Cynic]

I will say I was wrong, I still think it's a bubble but it has legs because of the ICO scams abound. Still, no one uses ETH on a daily basis like they do Bitcoin. It has no circular economy and the fundamentals are weak. It's a regulatory arbitrage play at this point.

It will all come crumbling down once the SEC intervenes and people start going to jail for illegal security offerings, which is what ICOs are. There's no way around it.

From an ideological standpoint nothing about Ethereum appeals to me, it's a corporate coin but hey, can't knock the hustle and congrats to anyone who made profits on it.

It can execute contracts and save time. Something bitcoin cannot do.


The potential for ethereum is boundless. Alphabet agencies are more likely to go after bitcoin regulations before ETh.

Now hold this ether

 

[Donald J Trump]

Not to re-open wounds, but I know this shyt gotta hurt breh. shyts at 219 right now

u got no idea

 

[duncanthetall]

u got no idea

You still fukking around with any cryptocurrencies? You had a good eye for that one. I put some cash into DGB and also siacoin today. I feel DGB honestly low key is gonna blow in a couple years. I think I'm gonna steadily feed and buy more of it the next couple months.

 

[ORDER_66]

I'm about to buy that Etherium next payday... Litecoin I'm gonna cop the minute it drops to $25....

 

[heisenburrr]

It can execute contracts and save time. Something bitcoin cannot do.


The potential for ethereum is boundless. Alphabet agencies are more likely to go after bitcoin regulations before ETh.

Now hold this ether

Who Will Pay for Turing-Complete Smart Contracts? - CoinDesk

Ethereum quite simply doesn't scale and the way it will scale is through centralization in which case it loses all purpose.

 

[Donald J Trump]

You still fukking around with any cryptocurrencies? You had a good eye for that one. I put some cash into DGB and also siacoin today. I feel DGB honestly low key is gonna blow in a couple years. I think I'm gonna steadily feed and buy more of it the next couple months.

no.

if this retreats id buy for the next leg up

 

[duncanthetall]

no.

if this retreats id buy for the next leg up

Damn shame. You were close to having bank. I spent almost 100 just getting my foot in the door with DGB and trying to figure this all out. Gonna spend another maybe 300-500 and just let it sit on it for a couple years and see what happens. shyts lowkey entertaining. If I lose, whatever. Money I woulda wasted at bars or on liquor anyways

 

[Cynic]

Who Will Pay for Turing-Complete Smart Contracts? - CoinDesk

Ethereum quite simply doesn't scale and the way it will scale is through centralization in which case it loses all purpose.

It will scale ...stop fronting on the future.

 

[heisenburrr]

It will scale ...stop fronting on the future.

Can you pretend to explain how?

 

[Donald J Trump]

Damn shame. You were close to having bank. I spent almost 100 just getting my foot in the door with DGB and trying to figure this all out. Gonna spend another maybe 300-500 and just let it sit on it for a couple years and see what happens. shyts lowkey entertaining. If I lose, whatever. Money I woulda wasted at bars or on liquor anyways

i was close to having 250k after taxes and student loans paid off

 

[New Username]

With Gemini, can you purchase the coins with a CC or bank transfer, or do you have to use coins to buy coins?

You deposit funds into Gemini and then purchases coins from Gemini exchange

 

[ORDER_66]

i was close to having 250k after taxes and student loans paid off

damn...