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

[RapExpert]

You think it will go that low. I still don't understand all the trends and patterns.

no one does, these so called chart readers always end up wrong

 

[jerniebert]

no one does, these so called chart readers always end up wrong

Yeah it's like looking at the patterns on a roulette wheel.

 

[InfamousThoro]

Yeah it's like looking at the patterns on a roulette wheel.

Short term behaviour is hard to predict. But long-term the pattern looks pretty clear:

There are 21 million coins max, Bitcoin was the first cryptocurrency and currently it's something to Hold as value. And because there are only 21 million coins max it creates a Gold Rush

Will it correct/dip in between run-ups, sure, but long-term I'm very bullish.

 

[EVILRICO]

Naw wait till it goes below 10K, I'm waiting for it to hit <8K and then I'll buy more

same here

 

[Kings County]

this shyt is gonna get banned or crash i wish i got in when i heard about this years ago

 

[InfamousThoro]

this shyt is gonna get banned or crash i wish i got in when i heard about this years ago

BitcoinObituaries.com | Bitcoin Declared Dead 140+ Times and Counting

It's not too late man, I started back in may. Do you think I whined that I didn't invest when it was $200 per coin? Nah man, when I read about it I knew this was something big

 

[Kings County]

BitcoinObituaries.com | Bitcoin Declared Dead 140+ Times and Counting

It's not too late man, I started back in may. Do you think I whined that I didn't invest when it was $200 per coin? Nah man, when I read about it I knew this was something big

i dont got bread to spend 15 bands on 1 coin lol

 

[Rell Lauren]

i dont got bread to spend 15 bands on 1 coin lol

You can buy portions, but yeah $100 ain't shyt.

 

[Dat Migo]

i dont got bread to spend 15 bands on 1 coin lol

You can buy partial amounts and there are cheaper coins as well.

 

[Reality]

I came to the cryptocurrency game late, but think the actual tech behind some of these coins warrants more discussion than I really see in the other few crypto threads (or at least a more streamlined discussion than those threads have).

I'll kick shyt off by posting a few vids that I found helpful for understanding the differences between the two biggest players, Bitcoin and Ethereum.

 

[Rell Lauren]

I wish I bought more LTC when it was $40-50. Damn smh.

 

[BornStar]

same here

You guys waiting till it goes down to 10k? Idk if it will

 

[Kings County]

You can buy portions, but yeah $100 ain't shyt.

where

 

[InfamousThoro]

Just buy portions. You don't need to buy whole coins. You can buy 1 dollar worth if you want

 

[Skooby]

You guys need to use localbitcoin and moneygram. I refuse to ID verify and/or wait days for my coins.

I wish I had thought of that when I started a couple of weeks ago. You can probably avoid taxes this way...maybe. As of now they got all my info so I'll keep using the bank/cc. People are suppose to report this on their taxes.

How would you get the money back to you though?