GeneralCryptoCurrency DIscussion and InformationPosted:

Ethereum
  • Vantage
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Joined: Aug 16, 20125 Year Member
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If you are interested in CryptoCurrency for investment purposes, I am looking for others who are also interested in it.
If you are interested in CryptoCurencies you will need a basic understanding of CryptoCurrency and blockchains.



What is CryptoCurrency?
A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
"decentralized CryptoCurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation".


What are Block Chains?
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Bitcoin (BTC)
Current cost: $2804.84 of 7/31/2017 1:30pm Eastern Standard Time





Why Buy Bitcoin?

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Mining



Bitcoin Chart 7/31/17
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Ethereum (ETH)
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Current cost: $200.39 of 7/31/2017 1:30pm Eastern Standard Time


Ethereum Chart 7/31/17
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Not all CryptoCrrencies are hundreds of dollars, If you are looking to put only 20 dollars or even less into a CryptoCurrency Ripple is the way to go.



Ripple (XRP)
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Current cost: $0.168148 of 7/31/2017 1:30pm Eastern Standard Time


Ripple Chart
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The Following 3 Users Say Thank You to Ethereum For This Useful Post:

Skates (08-01-2017), Loke (08-01-2017), 00 (07-31-2017)
#2. Posted:
SYREE
  • Gold Member
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Joined: May 02, 20116 Year Member
Posts: 801
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Motto: i make clothes but the staff wont let me sell them on the site cmon FAM
I kind of got into it briefly, I just used it as a means of gambling a little bit but really did learn a lot and find it super interesting, totally down to learn some more
#3. Posted:
Maj
  • Shoutbox Hero
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Joined: Mar 30, 20143 Year Member
Posts: 3,584
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BitCoins are good to invest in. Soon enough they will be more widely accepted.
There's not too much to be made off buying Bitcoins as there used to be, but still a smart investment if you ask me

Nice post. Very informative
#4. Posted:
Loke
  • 1K Rainmaker
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Motto: I'm that one dude with tons of pets
Nice post I'm sure it will help tons of people out
#5. Posted:
Status: Offline
Joined: Dec 30, 20152 Year Member
Posts: 3,180
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I don't like investing in bitcoin. It's like stocks and they can crash.
#6. Posted:
Folk
  • Vantage
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Joined: Jun 06, 2017
Posts: 383
Reputation Power: 88
I actually really like using bitcoins it's good investment I would like to learn more about it and possibly partner up with somebody for this
#7. Posted:
00
Status: Online
Joined: Dec 17, 20107 Year Member
Posts: 3,164
Reputation Power: 545
I dealt with Bitcoin one time. I had $22 worth of it and I kept trying to exchange it for real money; instead of sending $20 for the other $2 to cover a better fee, I kept sending $22. Those bitcoin were stuck in space forever lol.
#8. Posted:
-Simplicity
  • Winter 2017
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Motto: PM me if you have any questions.

Very nice post with a lot of helpful information, will definitely help out a lot of people!

Thanks for sharing this
#9. Posted:
Ethereum
  • 2 Million
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Joined: Aug 16, 20125 Year Member
Posts: 1,649
Reputation Power: 113
Already made a profit of $25 from Bitcoin and Ethereum
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