Bitcoin...Cryptocurrency

[Etxbuckman]

Just really learning about this. I have some expendable cash. Am I reading this right? Bitcoins are 20,000.00 each currently to buy?

Some new ones are cheap as Bitcoins once were so buy them and hop they someday get to 20,000.00?

I'm new to this as well but as best I can tell you do not have to drop an entire $20,000 to buy BTC. Heck I bought into Litecoin for $200 and when it was trading at just over $302 without a problem.

I think a lot of the jargon being used is done so interchangeably, incorrectly, which leads to some confusion. I've been Googling what I can and asking a ton of questions trying to try and sort through it all.

[Burntorange Bowhunter]

Everyone should have btc let it grow pull out 5% of profit if you wanna do some trading in the altcoins. Btc is long term hold all the altcoins are for trading just my opinion.

Unless of course you would currently profit 1.375 million tomorrow.

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[jer_james]

Ok so then you did have to transfer BTC to Binance?

What about LTC? Can that be used to buy XRP too? If not then I need to start buying BTC as well.

The only market I have experience in is the bittrex.

I have not played around on it, but I had to use BTC to purchase the ripple.

[chunkinlead]

Im gonna let yall in on one to watch. DBET www.decent.bet

Its a decentralized casino and sports betting platform that lets you be the player or the house. 100% of house profits given to the token holders that stake the house. Paid out in dbets.

It will open up sometime in Q1 2018 and it currently trades for about 15 cents. It has a great team behind it. Currently trading on cryptopia and more exchanges should be announced anytime.

Cryptopia is a low volume exchange, once it hits a larger exchange prices normally shoot up. Any time a roadmap achievement is hit , the price typically goes up. Thats all before they show a single quarter of returns and we all know casinos dont lose money.

So are you just buying the DBET coin? or how does this one work? It seems like there's a way you can buy "stock" in the house but I'm not sure if that is correct or how to if it is.

[Backwoods101]

Ok so then you did have to transfer BTC to Binance?



What about LTC? Can that be used to buy XRP too? If not then I need to start buying BTC as well.

Yes sir, I had to use BTC to purchase ripple and I'm 95% sure you can't use LTC.


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[Etxbuckman]

Yes sir, I had to use BTC to purchase ripple and I'm 95% sure you can't use LTC.


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Well crap. Ok. Either way that's good to know.

[wes122984]

So are you just buying the DBET coin? or how does this one work? It seems like there's a way you can buy "stock" in the house but I'm not sure if that is correct or how to if it is.

yes you just buy the coin. when the house fund opens you can "lock" up your coins using their wallet. ie stake the house. end of each quarter you get your % back plus your dbets.

[NelsonV]

I’ve bought all my Ripple using BTC


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[texansfan]

Then start very, very small and get informed. After that you can put more resources into what you are confident in.

People keep saying here, and I totally agree, don't put in more than you are willing to LOSE. As in bye-bye, that was a fun time at the craps table.

https://m.imgur.com/ytsLX0t

(This is set up in my mom's attic)

I left out a word in that post.
Should have been "y'all".
I have my strategy and understand cryptos kinda sorta.
LoL

One rig I've built.

My cousin called me yesterday morning and he has an investment group that wants to put I an order for a dozen 12 card rigs.

I haven't used the new TB250-BTC PRO motherboards but I've heard folks actually getting 12 cards to work on them.

That's my plan!

[jer_james]

yes you just buy the coin. when the house fund opens you can "lock" up your coins using their wallet. ie stake the house. end of each quarter you get your % back plus your dbets.

Over my head ...

[texansfan]

....

[systemnt]

Over my head ...

Sounds like bitconnect... in that you 'give' the exchange your coins, and they pay you a commission over a period of time...
im still looking into it...but and it sounds ponzi, but theres a bunch of folks who say it isnt..and use it a bunch.. (one guy does a you tube channel for crypto and he did a test by starting with $110 buck, and i think he has around $500K now over 245 days... uses a referral system..

im not sure about it yet.. and i doubt i will even if it does prove to be legit..
but...who knows...

[Daniel75]

We'll be importing snow to wimberely ..and partying our *** off , neighbor.

I literally LMAO to that.

[Daniel75]

Sounds like bitconnect... in that you 'give' the exchange your coins, and they pay you a commission over a period of time...
im still looking into it...but and it sounds ponzi, but theres a bunch of folks who say it isnt..and use it a bunch.. (one guy does a you tube channel for crypto and he did a test by starting with $110 buck, and i think he has around $500K now over 245 days... uses a referral system..

im not sure about it yet.. and i doubt i will even if it does prove to be legit..
but...who knows...

Can you do the legwork and take the initial risk and let me know if I should invest? Thanks in advance

[systemnt]

Can you do the legwork and take the initial risk and let me know if I should invest? Thanks in advance

I'll do it ...if you do it