[QUOTE=Niklas;52958154]Big partners, only cryptocurrency not based on blockchain, big news coming this month.[/QUOTE]
IOTA is not only one that uses DAGs, there are ByteBalls too.
I want to get off Mr. Bit's wild ride
What is a good alternative to coinbase?
[QUOTE=Cpn Crunch21;52961767]What is a good alternative to coinbase?[/QUOTE]
Not buying Bitcoin now, for one.
[QUOTE=Cpn Crunch21;52961767]What is a good alternative to coinbase?[/QUOTE]
Breadwallet is pretty good
[QUOTE=Cpn Crunch21;52961767]What is a good alternative to coinbase?[/QUOTE]
Kraken.
But uh, it really doesn't seem like a good idea to buy BTC at the current prices. The blockchain congestion and block memory pool debate is neverending and has caused BTC to stagnate.
As a form of currency, BTC has in it's current form utterly failed what it set out to do, in no small part due to dev/community squabbling. Anyone buying and transacting now is buying not only historical highs, but also paying unheard of transaction fees to the tune of 100+$.
This is insane.
[QUOTE=Disseminate;52956074]Why?[/QUOTE]
Immensely faster transaction times, no transaction fees iirc, microsoft partnership, etc.
Me and my dad have bought a few because it's been growing a decent bit and imo fees / transaction times are going to be the death of bitcoin*.
*Outside of investing for everyday use and what not. [URL="http://www.pcgamer.com/valve-drops-bitcoin-as-a-steam-payment-option/"]See steam dropping bitcoin.[/URL]
edit:
and I guess one of the big hypes is potentially getting machines to be able to use iota due to the lack of fees.
[QUOTE=CMB Unit 01;52956061]Dude on a Discord I'm on just sold 10BTC @ €14K. That's his life sorted![/QUOTE]
Lmao $140,000 isn't that much. If he's smart/careful it'll help him in a lot of ways but he's not gonna be able to quit his day job.
Euros not Dollars.
[QUOTE=Snoberry Tea;52963738]Lmao $140,000 isn't that much. If he's smart/careful it'll help him in a lot of ways but he's not gonna be able to quit his day job.[/QUOTE]
Yes, I being very literal when I said that.
[QUOTE=Snoberry Tea;52963738]Lmao $140,000 isn't that much. If he's smart/careful it'll help him in a lot of ways but he's not gonna be able to quit his day job.[/QUOTE]
Dude... ain't much? 140k is a whole damn lot! That's years worth of income for most people. If you're in your 20s getting a hold of that kind of dough must feel like heaven.
[QUOTE=Snoberry Tea;52963738]Lmao $140,000 isn't that much. If he's smart/careful it'll help him in a lot of ways but he's not gonna be able to quit his day job.[/QUOTE]
If you're a Murrican, tough luck indeed with the IRS and ridiculous costs of living/healthcare etc. In Europe, 100 000+ Euros pretty much sets you up for a soft FI/RE starting scenario. Nothing extravagant, but enough to seriously bolster an average monthly salary to the point that certain luxuries (traveling, dining, entertainment, shopping etc) start becoming increasingly more affordable without affecting the main body of a salary. Ideally one would ofcourse take all of the money earned from investing this sum and keep reinvesting to build up personal wealth to the point where one does not even have to hold a job anymore.
I'd say 250 000 Euros is the lower limit for setting up modestly financially independent life. 1 000 000 is the honeypot. That pretty much gets you a Western European median monthly salary for doing nothing.
[QUOTE=just-a-boy;52963584]Kraken.
But uh, it really doesn't seem like a good idea to buy BTC at the current prices. The blockchain congestion and block memory pool debate is neverending and has caused BTC to stagnate.
As a form of currency, BTC has in it's current form utterly failed what it set out to do, in no small part due to dev/community squabbling. Anyone buying and transacting now is buying not only historical highs, but also paying unheard of transaction fees to the tune of 100+$.
This is insane.[/QUOTE]
Kraken fucking sucks. I had to click the order button 10 times before it came through (*not* during high volume times). An exchange that cannot provide the most basic requirement of having a responsive website is useless.
i had bitcoins when they were worth nothing but I realised the only thing you could buy with them at the time was illegal weird shit and I was like 14 so i forgot about them and decided to play mw2 all summer instead with my friends
mw2 was pretty dope though
[QUOTE=Number-41;52963819]Kraken fucking sucks. I had to click the order button 10 times before it came through (*not* during high volume times). An exchange that cannot provide the most basic requirement of having a responsive website is useless.[/QUOTE]
With that kind of feedback, you smell almost fresh off the boat. I know of precisely 0 exchanges/gateways that consistently and reliably offer what you want. It's something most of us learn to deal with.
Pretty much all of them are at times hilariously unresponsive (keep refreshing until it works - literally advice from support), out of order (fuelling exit scam hysteria), suffering from attacks (more exit scam and hack hysteria). Ruling out actually malicious activity, most of the problems boil down to the crypto markets inflating like crazy in the last few years (especially 2017) and being constantly forced to expand their operations, only to be met by the next million crypto crazed Average Joes, bombarding them with support tickets on how to simply buy BTC because the interfaces are confusing as hell. Some exchanges, notably decentralized ones, have downright hellish interfaces, I admit...
Comes with the territory.
I used to mine bitcoin on my brother's PC while he was away. I fried his graphics card.
how do u turn bitcoin into real money i dont know much about these things
[QUOTE=Fox Powers;52963880]how do u turn bitcoin into real money i dont know much about these things[/QUOTE]
How do you turn anything into money? You sell it. A simple Google search should give you some more details.
[QUOTE=Aleal;52963809]Dude... ain't much? 140k is a whole damn lot! That's years worth of income for most people. If you're in your 20s getting a hold of that kind of dough must feel like heaven.[/QUOTE]
That would barely buy a half decent house in my city (which is hardly a hub for the UK), and maybe just about cover a apartment.
It's really not a whole lot in the grand scheme of things, but it would certainly make life easier.
[QUOTE=hexpunK;52963906]That would barely buy a half decent house in my city (which is hardly a hub for the UK), and maybe just about cover a apartment.
It's really not a whole lot in the grand scheme of things, but it would certainly make life easier.[/QUOTE]
Yeah, from a certain perspective I guess it ain't THAT much after all. Thinking about it, I probably missed the fact that still living with your parents is not a common thing outside of my country. But, if you don't mind that and you're in your 20s, where I live, with that kind of money you're pretty much rich.
I actually have some bitcoins left over from some purchases online, unfortunately the amount is shit all and i've made about $2 so far.
I'm trying to buy a few IOTA and QASH but I legit don't even know where to start ohgolly.
Where can I actually put my basic cash funds into coins
I just got Binance and HolyTransaction accounts
[QUOTE=just-a-boy;52963874]With that kind of feedback, you smell almost fresh off the boat. I know of precisely 0 exchanges/gateways that consistently and reliably offer what you want. It's something most of us learn to deal with.
Pretty much all of them are at times hilariously unresponsive (keep refreshing until it works - literally advice from support), out of order (fuelling exit scam hysteria), suffering from attacks (more exit scam and hack hysteria). Ruling out actually malicious activity, most of the problems boil down to the crypto markets inflating like crazy in the last few years (especially 2017) and being constantly forced to expand their operations, only to be met by the next million crypto crazed Average Joes, bombarding them with support tickets on how to simply buy BTC because the interfaces are confusing as hell. Some exchanges, notably decentralized ones, have downright hellish interfaces, I admit...
Comes with the territory.[/QUOTE]
So basically people are inflating the price of a product that
1. Has its bare minimum standards of fuctioning questionable
2. Its actual value being questionable
3. Services that run worse than Comcast's Customer Service
4. And also wastes a crap load of time and energy for 0.001 of a blockchain
Oh
5. Can be lost in an instant because its easier to hack/scam your way in and just take a bunch than it is to actually mine.
[B]Man this sounds great.[/B]
Seems like most of you folks are pretty into it.
Whatever happened to the 'oh its gonna pop anytime' comments
[QUOTE=Ignhelper;52964215]Seems like most of you folks are pretty into it.
Whatever happened to the 'oh its gonna pop anytime' comments[/QUOTE]
Anyone who's been in BTC for a decent amount of time knows that this happens every time it hits a big milestone. When it hit 100, 500, 1000, 5000, 10000. People always say "Oh it's going to pop any day now" and some people buy into the hype. They don't realize the fluctuations are so huge and panic when they lose %25 of their investment. Price drops, stabilizes and repeats itself.
[url]https://coinmarketcap.com/[/url]
Bitcoin has a market cap of 257 billion as of writing this, which compared to a single large company such apple (869 billion market cap) is still pretty tiny. The richest 3 people in the world combined (Bezos, Gates, Ortega) have a net worth larger than bitcoin right now.
Dotcom bubble peaked at 3.7 trillion and after crashing and correcting was still 2 trillion. So let's say it is a bubble, and crashes. It's still going to be worth something, so early investors are still going to make money. The people who are going to be burned are people who take out loans, sell their car etc to follow the media hype on it.
[sp] I'm sorry for wall of text [/sp]
i bought 200 bucks of Bitcoin to let sit for a few years or decades. i could probably have waited to see if it trended down again but why not?
[QUOTE=wallyroberto_2;52964274]Anyone who's been in BTC for a decent amount of time knows that this happens every time it hits a big milestone. When it hit 100, 500, 1000, 5000, 10000. People always say "Oh it's going to pop any day now" and some people buy into the hype. They don't realize the fluctuations are so huge and panic when they lose %25 of their investment. Price drops, stabilizes and repeats itself.[/QUOTE]
I've only been following this stuff since the spike around $11,000 and it seems pretty clear to me that you just need to relax and think long term. I saw an article this morning about how it had dropped all the way down to $13,000 and I was like "ehhhh you didn't even wait to the middle of the day to see if that was actually where it would end up."
[QUOTE=just-a-boy;52963874]With that kind of feedback, you smell almost fresh off the boat. I know of precisely 0 exchanges/gateways that consistently and reliably offer what you want. It's something most of us learn to deal with.
Pretty much all of them are at times hilariously unresponsive (keep refreshing until it works - literally advice from support), out of order (fuelling exit scam hysteria), suffering from attacks (more exit scam and hack hysteria). Ruling out actually malicious activity, most of the problems boil down to the crypto markets inflating like crazy in the last few years (especially 2017) and being constantly forced to expand their operations, only to be met by the next million crypto crazed Average Joes, bombarding them with support tickets on how to simply buy BTC because the interfaces are confusing as hell. Some exchanges, notably decentralized ones, have downright hellish interfaces, I admit...
Comes with the territory.[/QUOTE]
Yes I'm not saying it is unique to Kraken, but IMHO they are just a bit worse than the other exchanges (I haven't come across any exchange I would swear by, they all sorta suck).
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