crypto currency discussion

[JAKEPEAVY21]

read the thread people, the same questions are being asked over and over again...

maybe try and use something called Google and read up and watch a couple of videos??

[ans61201]

Yeah unless 10k is wipe your ass money for you, if I we're going to just randomly throw 10k at something in the dark, taking a few minutes to read about that subject would be the least of my worries

[ans61201]

Binance is finally back up and operating.

Bittrex doesn't have Ven, right?

[A4K]

https://www.cnbc.com/2017/12/18/bill-millers-hedge-fund-has-half-its-money-in-bitcoin.html

[shocka1212]

bittrex doesn't have ven, right?

binance

[PaperTrail07]

Is there any reason TRX should be blowing up LOL....its making me $ so I don't care...but will it keep rising?

[Dollars2Donuts]

Yeah unless 10k is wipe your ass money for you, if I we're going to just randomly throw 10k at something in the dark, taking a few minutes to read about that subject would be the least of my worries

Yeah.....I have exhausted myself reading about Ripple and XRP the last few days. This is what I like:

1. XRP is something being purchased and sold by real banks/institutions. No matter what anyone thinks (or would love to see), the banking industry is one of the globe’s top industries and I is not going anywhere. You can be sure that each and every bank will do everything they can to fight undercover crypto’s.


2. What #1 means that regular people can eventually buy a crypto and possibly keep it at their bank. A TON of people will be reassured by this. Currently crypto’s can literally be lost if you do something stupid, like lose I’m your computer. I can’t even imagine that. I would almost certainly mess that up somehow. Most people out there are not conspiracy theorists and the safety of this will be compelling.


3. It’s cheap. I get that the market cap is still not any more than the other crypto’s out there that it is competing with (aside from Ethereum and BTC) but what I like is that there is WAY more of it available. 38 billion or something like that. What that means is that it can never go to prices like $13,000. Who the hell wants to buy .01 of something for $200???? That feels like you are getting ZERO value. People will like the upside and most people investing won’t really understand that there are so many more available.


4. I can see people in ETH and BTC getting a little scared. If you invested in BTC at $200 and sell a whack at $18,000....what would you do? I bet you would look for the ‘next one’. You can take a portion of that and buy a TON of XRP.


5. Ripple as a company is now at 15 of the top 50 banks in the world and will likely be in ALL within the next 2 years. They are now recognized as being ‘de-risked’ in my opinion. That’s huge. They are also cash flow positive already, and very few companies at their stage of growth are.


6. They were invented in 2011 and have been on the market since 2012. That tells me they are somewhat stable. Plus because they use this in accordance with their technology...it will likely never go away.


I still have no idea where to buy it, how to create a ‘wallet’, etc. When I do find out, I am going to throw some cash at it.


Last note....in the past 12 months it has gone from $.0065 to $0.89. That’s an increase of 13,700%. Also in the past week it has increase 400%. That means that the ‘real opportunity’ is likely over. Is there 1000% to make? Maybe. Another 13,700? Not Likely.

Again everyone....I feel like I am going on some knowledge here, but a lot of gut instinct. If anyone has anything of value to add, I would love to hear it.

[coanwe]

I read on another site that "Bernanke backs Ripple at Blockchain conference" back in October. That, along with reasons you posted, was enough for me to throw some money at it. It's all speculation at this point, but seem as solid as other options available imo. Diversity is key though.

[turtlejc]

What step are you stuck at, do you have a Coinbase account and already own some crypto?

Yeah I have a coin base account and also block chain. Am not really into the cryptos and have done minimal transactions (2-3 from here to book to bank etc) but want to get in something and take a little shot and going to try this one and wait it out

[mngambler]

anyone catch this...Tron + Binance promoting a pump/giveaway? lol I own this coin so I hope it blows up for a quick profit but who knows, seems like an odd promo especially when it's pumped by Binance?

https://support.binance.com/hc/en-us/articles/115003486931

[eidolon]

I'm trying to buy INK, but I feel sketchy switching to 2 small time exchanges

[PaperTrail07]

LOL WOW....lost a little respect for Binance LOL....maybe this answered my questions LOL.LOL....wild west out there boyZZ

anyone catch this...Tron + Binance promoting a pump/giveaway? lol I own this coin so I hope it blows up for a quick profit but who knows, seems like an odd promo especially when it's pumped by Binance?

https://support.binance.com/hc/en-us...s/115003486931

[ans61201]

LOL WOW....lost a little respect for Binance LOL....maybe this answered my questions LOL.LOL....wild west out there boyZZ

"Binance reserves the right to cancel or amend the competition at any time"

Lololllolololollololol

[ans61201]

Eth on the move. 800 by day's end.

[mngambler]

LOL WOW....lost a little respect for Binance LOL....maybe this answered my questions LOL.LOL....wild west out there boyZZ

i know crazy...but hey if it can bring in a few whales who think they can snap up a new Mazerati quick it might pump huge for a couple days

[PaperTrail07]

Totally agree....and it says contest #1.....like there will be more LOL...

i know crazy...but hey if it can bring in a few whales who think they can snap up a new Mazerati quick it might pump huge for a couple days

[reigle9]

so is there any reason to not go heavy on trx right now in addition to what you already have and sell it before the competition ends?

i'm going to try and see what happens

[ans61201]

Totally agree....and it says contest #1.....like there will be more LOL...

Promoting buys and sells so anticpate a ton of up and down, buy on the lows and ride it back up.

[PaperTrail07]

Def keeping my eye on TRX....glad I was in before the "CONTEST" lol...

[ans61201]

Sending eth to binance to ride this contest out, anyone have an opinion if Ven is too high of a buy at 1.55 up 36% today

[mrpapageorgio]

buy ADA.

Americans with Disabilities Act? Or American Dental Association?

[shocka1212]

Americans with Disabilities Act? Or American Dental Association?

half of players talk is mentally disabled*

[mngambler]

XVG starting to run a bit...

[shocka1212]

Yeah.....I have exhausted myself reading about Ripple and XRP the last few days. This is what I like:

1. XRP is something being purchased and sold by real banks/institutions. No matter what anyone thinks (or would love to see), the banking industry is one of the globe’s top industries and I is not going anywhere. You can be sure that each and every bank will do everything they can to fight undercover crypto’s.


2. What #1 means that regular people can eventually buy a crypto and possibly keep it at their bank. A TON of people will be reassured by this. Currently crypto’s can literally be lost if you do something stupid, like lose I’m your computer. I can’t even imagine that. I would almost certainly mess that up somehow. Most people out there are not conspiracy theorists and the safety of this will be compelling.


3. It’s cheap. I get that the market cap is still not any more than the other crypto’s out there that it is competing with (aside from Ethereum and BTC) but what I like is that there is WAY more of it available. 38 billion or something like that. What that means is that it can never go to prices like $13,000. Who the hell wants to buy .01 of something for $200???? That feels like you are getting ZERO value. People will like the upside and most people investing won’t really understand that there are so many more available.


4. I can see people in ETH and BTC getting a little scared. If you invested in BTC at $200 and sell a whack at $18,000....what would you do? I bet you would look for the ‘next one’. You can take a portion of that and buy a TON of XRP.


5. Ripple as a company is now at 15 of the top 50 banks in the world and will likely be in ALL within the next 2 years. They are now recognized as being ‘de-risked’ in my opinion. That’s huge. They are also cash flow positive already, and very few companies at their stage of growth are.


6. They were invented in 2011 and have been on the market since 2012. That tells me they are somewhat stable. Plus because they use this in accordance with their technology...it will likely never go away.


I still have no idea where to buy it, how to create a ‘wallet’, etc. When I do find out, I am going to throw some cash at it.


Last note....in the past 12 months it has gone from $.0065 to $0.89. That’s an increase of 13,700%. Also in the past week it has increase 400%. That means that the ‘real opportunity’ is likely over. Is there 1000% to make? Maybe. Another 13,700? Not Likely.

Again everyone....I feel like I am going on some knowledge here, but a lot of gut instinct. If anyone has anything of value to add, I would love to hear it.

I see the value in ripple. just don't trust their team to be honest. they seem like the same people who are on MSNBC saying crypto currency is a fraud.Its pretty centralized which is concerning, they themselves hold the majority share which can be concerning from a manipulation standpoint. Of course if they released them to institution investors the price could skyrocket so id say it is valuable, but wouldn't put all my eggs in a banks basket given how they've acted over my short life. you may want to diversify that 10k, do a little homework first. (ADA, Neo, and atleast one privacy coin are some suggested blockchains to look into)

[coanwe]

In my short time using exchanges Binance, Poloniex, and Bittrex, it seems to that Binance reigns supreme. Can you guys gives some of your pros and cons of these 3?

[ans61201]

Ltc making a small run.

[SamsNCharge99]

Litecoin made moves last monday as well, not as strong as last monday's nearly $150 profit day haha, but I'll take the $40 move

[Outsider626]

Which exchange has the most currencies?

[mrpapageorgio]

In my short time using exchanges Binance, Poloniex, and Bittrex, it seems to that Binance reigns supreme. Can you guys gives some of your pros and cons of these 3?

Binance can be expensive to withdraw from depending on the coin (which can be a problem with all 3). Best bet to withdraw from Binance is withdrawing in LTC.

[Outsider626]

Binance can be expensive to withdraw from depending on the coin (which can be a problem with all 3). Best bet to withdraw from Binance is withdrawing in LTC.

Which one is the best out of those 3?

[Dollars2Donuts]

I signed up for an account on Bitstamp last night, in the recommendation of a friend (who really doesn’t know anything either). Is there another house that sells XRP? Are there better places to be shopping?

i still don’t understand everything about an online wallet, etc. Recommendations for that?

So so much to know and I am watching/reading as much as I can, but still feel somewhat lost in the sea of info.

[raiders72001]

I'm trying to buy INK, but I feel sketchy switching to 2 small time exchanges

I was going to buy INK a while back. I tried to sign up at gate.io and the site was screwed up at the time so I missed out. It's a great concept.

[Brutus84]

I signed up for an account on Bitstamp last night, in the recommendation of a friend (who really doesn’t know anything either). Is there another house that sells XRP? Are there better places to be shopping?

i still don’t understand everything about an online wallet, etc. Recommendations for that?

So so much to know and I am watching/reading as much as I can, but still feel somewhat lost in the sea of info.

I’m in the same boat. I only have litecoin on coinbase but I’m trying to learn more.

[PaperTrail07]

BC I assume your a Buckeye.....Open a Binance.com account.....send your LTC over....from there....you can buy whatever coins your looking for ((for the most part)).....It an exchange

I’m in the same boat. I only have litecoin on coinbase but I’m trying to learn more.

[PaperTrail07]

Agree....and if you do the digging yourself....youll appreciate it later

read the thread people, the same questions are being asked over and over again...

maybe try and use something called Google and read up and watch a couple of videos??