my limit is 200 with credit card or 2500 with bank account

Mines only 500 with cc and 2500 with bank

Long time crypto bull that's currently drowning in money checkin in

lol not hating good work on getting in on this earily. I am a sucker for sure getting in.

I am loving this fake money, myself. Do some research and be careful of bubbles. Etherum is killing it if you want to get in cheaper.

Ethereum up $50 overnight. Will hit $400 today.

$409 now
Posted via Mobile Device

I bought some over the weekend etherum but it didn't post. Just bought some today and it posted. Tried again and didn't post. This shit is jank.

Your CC probably sent you an email to confirm the purchase.

Mine did for the first time I bought some and once I confirmed the charge it posted.

I've been playing (gbtc) instead. thatcoinbase wouldn't let me purchase a couple of weeks ago. Bought 3 shares of GBTC today and will hopefully sell around the $535 mark within the next week or so.

my credit card company never called or did anything but i did buy some today and both stocks went straight into the shitter. Stupid pyrimid scheme.

I'm very bearish on BTC. I don't like to see it fall as I think that hurts crypto as a whole, but I'm not putting any of my money there right now.

My prediction is the flip will happen, BTC will split but the winning chain will be determined quickly. Hopefully with 2MB blocks and Segwit, prompting a flip back to BTC and upward to 10K. August will tell a lot.

http://68.media.tumblr.com/cfda09b6a...n75o1_1280.jpg

http://www.azquotes.com/picture-quot...e-62-19-09.jpg

I'm not sure how a split would work in crypto. Would it be advantageous to have BTC before the split or buy the "winner" afterwards?

Whatever you have pre-split, you own equal amount on both chains. You can sell one for the other but its risky.

Uphold is a lot better than Coinbase. Coinbase always goes down on days like today. UpHold held up whole time. CB was shit today. Bitterex is good for other coins but uses BTC as base. Ripple should be good cheap 1, No mining with it but many companies/banks going to use for payment between themselves.

I got verified including bank in like 1 hour

Nice day since ETH went back over 400. Bought 100 more @ 358 earlier today. Digital C. is crazy but good time to be in the middle of it. I am sure most know but make sure you dry store long term investement coins and use 2FA on any accounts.

Found a wallet I had created years ago with 40 LTC in it from my mining days!!!

no idea what this means can you explain?

He's referencing cold storage. Where you store your Crypto offline in a vault (thumb/hard drive) or on paper instead of with a software based wallet.

Lol. How does a guy who makes incomprehensible posts on a message board have $35,800 to throw at Ethereum?

How the **** does etherium have more volume than bitcoin??

where the **** have I been ?>?

someone give me the 2 sentence story of etherium

Bitcoin is a calculator, Ethereum is a smartphone.

Bitcoin is mySpace, Ethereum is Facebook.

Bitcoin is centralized, Ethereum is decentralized

Bitcoin is expensive to transact, Ethereum is cheap

Bitcoin has slow confirmation times, Ethereum is fast

Bitcoin is not "backed by Wall St, Ethereum is... (Ethereum Alliance)

Rocka, how can I buy bitcoins when my limit is 2500 on my bank account?

Why does coinbase limit purchase amounts?

****in a

and volume in the billions daily....I guess I missed the boat...

f m l

can't you buy fractionally, like .5 of a bitcoin?

also Coinbase will up your limit after some time, or transactions I am pretty sure...

This. Coinbase limits you initially to protect themselves from scammers. Your limit can be increased over time.

I don't think you've missed the boat, the ticket is just more expensive. I really see $1000+ by the end of the year.

wow...

thats amazing I am looking into it now...I have 40 LTC I could swap out for ether...maybe I should pull the trigger

https://blockgeeks.com/guides/what-is-ethereum/

Thought this is a pretty good explanation of Ethereum

siacoin guys, buy it right now high risk high reward cryptocurrency. im dropping 500$ on it

Balance: 3.20358001 ETH

word

im in with you all

How are you buying ? What site?

Buying Bitcoin through coinbase, transferring it over to my poloniex account

Poloniex.com

So Bitcoin and ethereum took sizable drops today

Bitcoin dropped from right at 3000 to about 2500 and ethereum dropped from 400 to about 350...

But that's kinda been the trend all along...huge gains followed by sizeable drops while it builds towards a new high.

Talk to me guys....

Is this the best time to jump with a big purchase? I've got about 6k sitting around that I'm thinking of throwing it all into a combo of bitcoin/ethereum.

What's the talk of why this drop happened?

Maybe to do with the Feds raising interest rates yesterday ????

Just natural correction. These things don't go in straight lines.

I don't have a problem with people going in on this. Definitely risky but I am starting to understand it more and appreciate some of the posts in this thread for that.

I would recommend no more than 10% of your "investment" money in this sector though. Don't tech bubble yourself like many people did decades ago.

Bubble or not , timing is everything. My BIL got a good reward in the tech bubble turning $500 into $25,000

Oh definitely. My main point is timing IS important but so is limiting the initial investment as well. I wouldn't be taking 50% of the current money in my brokerage account and moving it to cryptocurrency.

What your brother did was make money but he had a limited initial investment. That's my preference for high volatility items and things like penny stocks. I've read stories about others who weren't as conservative and lost big money when tech was big. Speculating is risky and should not be considered "investing." Only a small percentage of your portfolio should be left for speculating.

Lite coin is EXPLODING right now

It was 30 an hour or 2 ago and it's about to surge past 40

Litecoin at 46 now.

Still rising

I have read so much about bit coin. I still am lost. Can someone explain it to me that I might understand. Thank you.

In short you download coinbase and invest your money on that investment there is a 4 dollar trade fee with another fee tacked on top of that. You watch your money dwindle down until finally it is so low you forget about it. Then someone deletes your account.

Now offering, Halfcancoin at $100.00 per share.

Each purchase comes with a certificate of authenticity and a free simulated leather wallet to store your certificates. Act now!! Supplies are limited to the first 100,000 customers. Operators are standing by...... Hurry! BUY NOW!!!!!!!!


























Fine print.

Halfcancoin is not backed by a sovereign government, Gold, Silver, precious metals, or anything of value. It cannot be used to purchase anything.

What do you not understand?

ROFL

Laugh at it all you want but I put two grand into ethereum and it's worth almost ten Grand now

Have you sold any to make any realized gains?

Why would I sell? Ethereum is going to pass Bitcoin at some point

It's easier to just ignore the trolls, Tamba.

100% fact huh? That's how people lose lots of money in the market. You're simply speculating. No one can predict markets/investments.

If you understood risk/loss, I'd sell about $3000 of your current position. This leaves you $1k profit regardless of what happens after. Essentially playing with house money the rest of the way.

Sounds like you bought at a great time. But for you to no doubt think your position will only further increase, is a dangerous line of thinking.

Oh I completely agree, I understand that it's a high risk high reward thing. I only put money in that I told myself I would be comfortable losing all of it.

The only money I put into crypto currency I tell myself I'm ok if I lose it.

Well I'm ok with that. I similarly do own some penny stocks and said the same thing.

You're on an interesting ride, that's for sure!

What do you guys think about Yobit trading site? Dont really like the format of bittrex and i have coinbase but dont want to use it unless I have to. I have routinely cashed out thru coinbase tifo my bank acct if i dont find someome on local bitcoins. Mainly looking for the most user friendly and secure trading site for other than bitcoin like dash eth pivx and others

Anyone have a hardware wallet? I'm into some serious money right now and want to keep it more secure. Any recommendations?

Where the value comes from.

Well, duh.

It says coin in the title.

I missed out on Bitcoin because I was a broke college student.

As with anything, value is defined by what someone is willing to pay for it.

The setup just seems right for massive losses.

trezor

Buy on downside, not up. It went to 350 form round 400. I bought 100 @350. Sold 385 hoping for 400.

Penzed.

Yes many. Cold wallet for Long-term. Short-term exchange but Coinbase sucks if run either way. 2fa all. 2FA should be required or a concern if not by the exchange/site. Its far from safe but damn invested $4000 2 years ago and the total after 2 years is more than my 401K after 10 years. Preach on CP.

Funny money.

I bought high and the shit crashed next day hehe glad people are having fun with this expensive video game.

So a decent way to look about that is the same product that you were willing to pay 350-400 for (because you felt it had the potential to multiply that number many times over) is now "on sale".

Look at the short and long term trends for these financial products and you will notice big swings in both directions and in many cases, a big dip is followed by a huge surge.

Buy low sell high

Can't get too discouraged after just a week of an investment.

For the same price you could get 2 for a few days ago, you can almost get 3 now.

If you still think it has potential to go to much higher peaks, bows the time to load up.

It's called dollar cost averaging.

You spend 400 on the first one and the next 2 you got for 300 each, so you're into each one at 333.

It goes back to 400, you made a nice profit. Sell high and let the market do its natural "correction" to drop some in price and do it again.

Try to get rich.

I am well versed in stocks and investing. I am just poking fun at the knuckleheads that bought this thinking they were going to cash in soon. On the flip side it does concern me when it is time to get my money out, oh well I am only in for 300 anyways. Pissed more money away at Jerrys Bait shop

ROFL

that's not dollar cost averaging.

If anyone thought they'd make. Quick buck in this is an idiot. I'm buying ethereum to hold for at least around 5 years

Give me a better explaination.

Thx in advance.

Dollar cost averaging doesn't mean you're just buying at random times and averaging the price. Actual dollar cost averaging is buying at select intervals (i.e. Each month), knowing sometimes you'll buy high and sometimes you'll buy low. However, the value is always the same. Something like me investing $300 at the start of each month into my ROTH, regardless of what the market is doing. As opposed to waiting for a "dip" and investing a larger lump sum.

There's pros and cons to both ways in that scenario.

how many shit their pants yesterday?

http://www.msn.com/en-us/money/marke...296/ar-BBD0gWR

I bought 100 of Pivx to hold onto as well for a long time. Lesser amount of Eth and Dash. Just hoping it goes Apple or Google. Pivx is the penny stock of the bunch. Any other thoughts of some good lesser known cheap crypto that might blow up? Something under $5 a coin.

I think holding long term is the play. Just think, if you would have bought $1,000 worth of Bitcoin at the start of just this Chiefsplanet thread in 2013, you would now have $27,000 instead of $1,000.

Bitcoin was 13$ in 2013, according to coinbase. That 1000 would have bought you 77 bitcoins.

It's now $2700+ Per coin

That's about $208,000.