Bitcoin...Cryptocurrency

[garza]

can you help me? so i assume i go into my LTC Wallet and "send" ?
it asks for a LTC address, what do i enter here?

Go in gdax and pull from coinbase.

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[Etxbuckman]

That a security measure. They change every 30 seconds.


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That's what I figured. Is it really necessary? And how does it work? Can anyone explain the process?

[OldRiverRat]

never mind i was trying to work it backwards. figured it out

[Etxbuckman]

Also, in order to buy through Binance, say Tron, do you have to move money from Coinbase to Binance, or is that only for certain coins like Ripple?

[In-Yo-Grill]

Bitcoin went down and all my other alts are going up.

[Hank Hill]

Also, in order to buy through Binance, say Tron, do you have to move money from Coinbase to Binance, or is that only for certain coins like Ripple?

Yes, Binance only traffics in cryptos

[Hunter Dan]

Do you have to use Chrome for Binance?

Works on Chrome or Safari for me.

[Hunter Dan]

Ripple is on the rise.

[Etxbuckman]

Yes, Binance only traffics in cryptos

Cryptos? Is there a difference between cryptos and bitcoin? I may be confusing the terminology.

[In-Yo-Grill]

Cryptos? Is there a difference between cryptos and bitcoin? I may be confusing the terminology.

Bitcoin, Ether and Litecoin are considered the big three. There are over 1300 other coins out there and they are referred to as alt coins.

There are a lot of good ones out there.

Neo, Cardano, Ripple etc...

[Etxbuckman]

Bitcoin, Ether and Litecoin are considered the big three. There are over 1300 other coins out there and they are referred to as alt coins.

There are a lot of good ones out there.

Neo, Cardano, Ripple etc...

Thank you. From what I gather alt-currency, cryptocurrency, and sometimes Bitcoin are used interchangably, and often incorrectly. It’s confusing. Lol

[Samson]

Thank you. From what I gather alt-currency, cryptocurrency, and sometimes Bitcoin are used interchangably, and often incorrectly. It’s confusing. Lol

Not too muddy the water for you anymore than it is... But you will also hear coins referred to by their hashing algorithm too. Sha-256 is Bitcoin and it's derivatives, scrypt is litecoin, Lyra is vertcoin, ethash is ethereum, cryptonight is Monero etc... there are a bunch of others but those are the most popular.

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[In-Yo-Grill]

Thank you. From what I gather alt-currency, cryptocurrency, and sometimes Bitcoin are used interchangably, and often incorrectly. It’s confusing. Lol

Brave New World for sure.

Crypto Bobby is a good one on YouTube. There's a crypto-101 podcast that's pretty good too.

Lots of info to help understand and get you thru the fog. My first exposure to bitcoin was from an MLM my brother turned me onto.

After doing research I realized that there was so much more to bitcoin than being a currency. I'm a believer in the tech. That moved me deeper into crypto's.

[wes122984]

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!

much better off investing that money into the coins vs mining them. that i can promise you. about 2-3 months ago i sold off my 100 cards/rigs. while i did mine a bunch, and broke even on the hardware when selling...if i had just put that same capitol into btc or eth, i could have retired already. (im 33).

[LROSE]

Anyone trying to get in on any NEW Crypto Currencies?
Just wondering if there are any new ones that seem promising or are they all just a giant crap-shoot now....
Looking for something to throw a few hundred at and see what happens...