Crypto-Currencies and Bitcoin

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DJTJ

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Does it annoy anyone when people say they own Bitcoin, but didn’t actually mine or buy actual chain? Like, owning positions of Bitcoin and owning Bitcoin are two entirely different things.

That being said, wouldn’t the to the moon occur when all of it was successfully mined?
 

Ethan

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Based on prior trends and technical data this bull run should continue another 6 months.
Most are calling for 150k but I expect resistance at 100k. Certainly no guarantees.
We're at a short term peak in the trend. Wait for entry after a retrace back to the 40's.

As a first time buyer, start small. Wait for dips. Don't get into debt.
 
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Out of the Rafters at the Q

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No. Buy ethereum
It's done well since I bought it during the crypto-craze in 2017. I felt it had the most technical backing behind it to actually be used by businesses, and had a lot of strengths in areas where bitcoin fails.

The only other one I dipped my toe in on was RaiBlocks (rebranded as Nano). It hasn't taken off. I think it was designed for fast, nearly-instant transactions without the overhead that other blockchains require.
 

ajz20

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Okay if this is against the rules I am sorry and the mods can erase but I would highly recommend Voyager as crypto platform for several reasons now that they finally have gotten people off the waitlist after they were crushed with newbies after wall street bets: here are a few reasons why
1. Their CEO was a major part of getting E Trade to a high level a long time ago which was innovative at the time

2.very easy to use platform for trading, no fees for buying like other places such as coinbase, the app is very user friendly compared to other places.

3. The voyager Token is taking a very similar path to the Binance token which hit 300 last week, look at its performance over the last couple months and you see there is still great upside and it will grow in value as the company grows

4. If you use my referral code D89B6A and spend 100 you will get 25 dollars free worth of bitcoin that you can do whatever you want with.

You are still probably going to spend a few days on a waiting list but they have hired a bunch of people to get it cleared as fast as possible. Again look at the Voyager Token and look at where it is and it's market cap, still some very high upside. Obviously do your own research but look into it!

it's also one of the few places that makes it very easy to buy Cardano (ADA) which I would also recommend doing some research on as a potential buy as well

Cardano is trying to fix some of the issues that Ethierium has and it just got over a dollar, still an amazing long term value if you read up on it!
 

bob2the2nd

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It's done well since I bought it during the crypto-craze in 2017. I felt it had the most technical backing behind it to actually be used by businesses, and had a lot of strengths in areas where bitcoin fails.

The only other one I dipped my toe in on was RaiBlocks (rebranded as Nano). It hasn't taken off. I think it was designed for fast, nearly-instant transactions without the overhead that other blockchains require.
My wife's coworker has been putting every cent he can into etherum since 2018. He joined my wife's company in mid 2019 and has spent the entire time trying to make believers out of everyone in the company (very small company). I laughed at him in late 2019 when he tried to sell me on it personally at a holiday party when it was 150. He constantly cites all of things you mentioned, and the fact that you can stake it and make money on the side. In any case he is absolutely a huge believer of it and thinks it will eventually take over bitcoin as the most used crypto. He wont tell anyone exactly how much he has, but we know it has at least 50 nodes (each node being 32 ether), and its suspected he probably has closer to 100, if not more. At a price of 2000, there is 0 doubt he has at least a couple million in total ether and refuses to sell a cent, convinced its going to at least 5000.

My wife bought enough to stake in the october time frame just to shut him up. That turned out to be a decent decision.
 

Ethan

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This dip was manipulation. A whale dumping to trigger a long squeeze and regaining their position at a lower price.
Likely walked away with a couple million bucks in profit. Not bad for a days work.
 

camakazee

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First time ETH buyer looking for advice on where you guys buy/trade, what wallet you use, etc.

Also, any advice/suggestions on NFT’s? Looking at how NBA Topshot has blown up and wondering what else might take off similarly.
 

Out of the Rafters at the Q

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First time ETH buyer looking for advice on where you guys buy/trade, what wallet you use, etc.

Also, any advice/suggestions on NFT’s? Looking at how NBA Topshot has blown up and wondering what else might take off similarly.
In 2017 I bought my eth on... Gemini? Kraken? One of those exchanges. I use Exodus as my wallet.

I have no idea what options there are now.
 

Ohdang

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First time ETH buyer looking for advice on where you guys buy/trade, what wallet you use, etc.

Also, any advice/suggestions on NFT’s? Looking at how NBA Topshot has blown up and wondering what else might take off similarly.
I use Webull but it's not really something to use strictly for crypto, but rather a stock trading app that lets you do crypto.
 

bigfoot5415

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ETH over 4k now. I've gotten well over a 100% return in less than 3 months. To the moooooooooon
I think I've gotten 40% in less than two weeks lol.

Btw- if anyone is getting into crypto and decides to use coinbase, make sure you set up 2FA. Also note that there are a few small quizzes that give you small portions of a handful of crypto coins. Takes make 15 min and you can get a few bucks in a few coins you may not buy yourself.
 

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