Bitcoin just broke 8000... UPDATE $9100! over 10k!!! My nigga its about to break 20k!!!
- Thread starter BitchI'llKillYa
- Start date
Damn I sold all my ripple at 24 a couple days ago now its 36.
Ok...I got $350 to play with right now...
Man I'm tell you one thing....
This coin invasion is amazing, you hear about one, then days later you here about another one, then days later it seems like another systems with certain coins are getting ready to burst...
Man it's like when I felt I was ok with the tiny info i gain it went away...because this other scientific name pops up....
So I'm at this pernt....y'all getting gains off of play money....I got play money, y'all did most of the researching....I'm follow the lead as I do my own researching....
Ballin!
Don't know much about Exodus, but it's a wallet that holds different coins. You can also buy/trade different coins, However, it is because Exodus uses ShapeShift to do so. I've heard you could have higher fees because of ShapeShift but I've never used it.
Just making a point that if he has $200 them he has enough to get started
Finally I got a comeup ... I copped LTC at $40 a while back.I woke up, opened Coinbase on my phone, and this...
Good job brother, but that only happened because you got on early. If you had waited and waited......
I didnt feel like he was saying it was a fraud but I think was a warning. Im seeing it all up and down my timelines on social media. There has to be a point where it stops growing as fast and there is a pull back. One thing that stood out to me was the average investor will lose. Im seeing chicks that cant understand the concept of parallel parking talking about they got bit coins lol.
Im rooting for brothers I really am and wish I understood this earlier and got in but people taking out mortgages seems little risky
Last edited:
You're the man, I'm currently on page 121 of the main thread.
You said you had 7 million XRP
Forget bitcoin, its fourth-biggest rival is up nearly 5,800 percent this year
Arjun Kharpal
Play Video
Published 9:09 AM ET Tue, 12 Dec 2017
Updated 11:16 AM ET Wed, 13 Dec 2017
Litecoin, the fourth-largest cryptocurrency in the world by value, has hit a record high and rallied nearly 5,800 percent this year, beating rival bitcoin's rise.
The price of litecoin reached an all-time high of $255.42 on Tuesday, according to industry website Coinmarketcap.com, which takes the volume weighted average of all prices reported on different exchanges to work out the price.
On January 1, litecoin was trading at $4.36. The rally to date marks a 5,758.2 percent increase.
What is litecoin?
Litecoin is a cryptocurrency founded by Charlie Lee. It's the fourth-largest digital currency by market capitalization or value behind bitcoin cash, Ethereum and bitcoin. Its market cap stands at around $14.4 billion, compared to $282.8 billion for bitcoin.
Like bitcoin, it runs on a blockchain, which is a public ledger of transactions that can't be tampered with.
What's the difference between litecoin and bitcoin?
There is a limited supply of 84 million litecoins, compared to 21 million bitcoin. Currently, 54,268,358 litecoin and 16,736,137 bitcoin are in circulation.
Litecoin transactions take just over two minutes to go through, compared to an average of around nearly 300 minutes for bitcoin.
Litecoin creator Lee on a number of occasions has said that litecoin can be a key player in payments because of the transaction speed, whereas bitcoin is more a store of value.
What's driving the rally?
A number of reasons are behind the rise. One has been the rise of interest in cryptocurrencies and the increasing number of users trading.
Lee tweeted an image of data from Coinmarketcap.com on Tuesday showing that litecoin was the most heavily-traded cryptocurrency on GDAX, one of the most popular exchanges.
Litecoin has also benefited due to bitcoin's slow transaction speed.
"Litecoin traditonally gets a boost when bitcoin slows," Charles Hayter, CEO of CryptoCompare, told CNBC by email.
Another reason for litecoin's rise could be down to investors trying to diversify into other cryptocurrencies. On Tuesday, around 40 percent of litecoin was bought using bitcoin, according to data from industry website CryptoCompare.
"As the wealth of those holding bitcoin continues to rise, especially among traders based in Asia, naturally they will be seeking to diversify their portfolio into other crypto-assets," Thomas Glucksmann, head of marketing at cryptocurrency exchange Gatecoin, told CNBC by email.
"Litecoin is one of the major alternative cryptocurrencies, or altcoins, that competes with bitcoin on transaction efficiency so naturally, it is a strong choice for diversification. Litecoin has always been one of the most underrated cryptocurrencies given its advantages over bitcoin."
WATCH: Bitcoin could be the biggest bubble in history – here's how
Play Video
Arjun Kharpal
Play Video
Published 9:09 AM ET Tue, 12 Dec 2017
Updated 11:16 AM ET Wed, 13 Dec 2017
Litecoin, the fourth-largest cryptocurrency in the world by value, has hit a record high and rallied nearly 5,800 percent this year, beating rival bitcoin's rise.
The price of litecoin reached an all-time high of $255.42 on Tuesday, according to industry website Coinmarketcap.com, which takes the volume weighted average of all prices reported on different exchanges to work out the price.
On January 1, litecoin was trading at $4.36. The rally to date marks a 5,758.2 percent increase.
What is litecoin?
Litecoin is a cryptocurrency founded by Charlie Lee. It's the fourth-largest digital currency by market capitalization or value behind bitcoin cash, Ethereum and bitcoin. Its market cap stands at around $14.4 billion, compared to $282.8 billion for bitcoin.
Like bitcoin, it runs on a blockchain, which is a public ledger of transactions that can't be tampered with.
What's the difference between litecoin and bitcoin?
There is a limited supply of 84 million litecoins, compared to 21 million bitcoin. Currently, 54,268,358 litecoin and 16,736,137 bitcoin are in circulation.
Litecoin transactions take just over two minutes to go through, compared to an average of around nearly 300 minutes for bitcoin.
Litecoin creator Lee on a number of occasions has said that litecoin can be a key player in payments because of the transaction speed, whereas bitcoin is more a store of value.
What's driving the rally?
A number of reasons are behind the rise. One has been the rise of interest in cryptocurrencies and the increasing number of users trading.
Lee tweeted an image of data from Coinmarketcap.com on Tuesday showing that litecoin was the most heavily-traded cryptocurrency on GDAX, one of the most popular exchanges.
Litecoin has also benefited due to bitcoin's slow transaction speed.
"Litecoin traditonally gets a boost when bitcoin slows," Charles Hayter, CEO of CryptoCompare, told CNBC by email.
Another reason for litecoin's rise could be down to investors trying to diversify into other cryptocurrencies. On Tuesday, around 40 percent of litecoin was bought using bitcoin, according to data from industry website CryptoCompare.
"As the wealth of those holding bitcoin continues to rise, especially among traders based in Asia, naturally they will be seeking to diversify their portfolio into other crypto-assets," Thomas Glucksmann, head of marketing at cryptocurrency exchange Gatecoin, told CNBC by email.
"Litecoin is one of the major alternative cryptocurrencies, or altcoins, that competes with bitcoin on transaction efficiency so naturally, it is a strong choice for diversification. Litecoin has always been one of the most underrated cryptocurrencies given its advantages over bitcoin."
WATCH: Bitcoin could be the biggest bubble in history – here's how
Play Video
Not buying anymore anyway playing with what I have in already. Cashed out some to get Christmas, buy some lite and put money in my IRA. People really want this to fail because they don't understand it, didn't get in at the beginning or just mad because of all the money being made.
Shit seems very easy, like all of us should have an account even if we're just playing with $100
How to buy Bitcoin in seconds from your smartphone
Here's how to get started:
- Download the app "Coinbase."
- Create a Coinbase account.
- Now you're logged in. Look at that daily volatility!
- Add a payment account.
- You're ready to buy. Tap the Buy button again.
- You can also buy Ethereum.
- Prepare for the fraud prevention call. ...
Todd Haselton
Play Video
You've seen all the headlines about bitcoin and other cryptocurrencies rising in value. Maybe you want to get in on the game. But how do you even start? We'll show you.
Before you do this, though, you should note that bitcoin isn't universally accepted like regular currency. My colleague Seema Mody published a great videorecently where she tried to live a week on the currency, and it wasn't easy. You can use bitcoin online and at some retailers, but for the most part you're still better off just paying with cash or a credit/debit card.
You should also be aware that bitcoin is more like a speculative investment than a regular currency, and can fluctuate wildly in value. Although the overall trend has been up in recent months, but crashes of 20 percent or more in a few daysare historically not uncommon.
Still interested? Here's how to get started:
Download the app "Coinbase."
Todd Haselton | CNBC
It's available for Android and iPhone.
Create a Coinbase account.
Todd Haselton | CNBC
You'll need to agree to terms and enter the state you live in.
Now you're logged in. Look at that daily volatility!
Todd Haselton | CNBC
Again, the price of a single bitcoin tends to be pretty volatile, skyrocketing one day and collapsing another. It is a speculative investment.
Add a payment account
Todd Haselton | CNBC
Tap the "buy" button at the bottom of the screen to add a payment account. Credit and debit cards allow instant buys but only let you purchase $150 in Bitcoin per week. Linking a bank account can take 4 to 5 days to trade, but you have higher buying limits.
You're ready to buy. Tap the Buy button again.
Todd Haselton | CNBC
This time you'll see a screen showing your account information. Since I'm using a credit card, I can only buy $150 worth per week. If I buy $100 right now at the current $2708.51 price, I'll get $0.03692073 Bitcoin. There's a $3.99 fee. Now I just tap the Buy button again.
You can also buy Ethereum
Todd Haselton | CNBC
A phone showing an ethereum price chart on the Coinbase exchange platform.
You can use the same app to buy Ethereum, another cryptocurrency. At the time of writing, Ether, the currency associated with Ethereum, is available from $327 a pop. Like with Bitcoin, you're limited to how much you can buy per week.
Prepare for the fraud prevention call
My bank called me within 5 minutes to verify my attempt to buy Bitcoin. You may face the same situation, just approve the purchases and you should be good to go.
Shit seems very easy, like all of us should have an account even if we're just playing with $100
How to buy Bitcoin in seconds from your smartphone
Here's how to get started:
How to buy Bitcoin in seconds from your smartphone
- Download the app "Coinbase."
- Create a Coinbase account.
- Now you're logged in. Look at that daily volatility!
- Add a payment account.
- You're ready to buy. Tap the Buy button again.
- You can also buy Ethereum.
- Prepare for the fraud prevention call. ...
Todd Haselton
Play Video
You've seen all the headlines about bitcoin and other cryptocurrencies rising in value. Maybe you want to get in on the game. But how do you even start? We'll show you.
Before you do this, though, you should note that bitcoin isn't universally accepted like regular currency. My colleague Seema Mody published a great videorecently where she tried to live a week on the currency, and it wasn't easy. You can use bitcoin online and at some retailers, but for the most part you're still better off just paying with cash or a credit/debit card.
You should also be aware that bitcoin is more like a speculative investment than a regular currency, and can fluctuate wildly in value. Although the overall trend has been up in recent months, but crashes of 20 percent or more in a few daysare historically not uncommon.
Still interested? Here's how to get started:
Download the app "Coinbase."
Todd Haselton | CNBC
It's available for Android and iPhone.
Create a Coinbase account.
Todd Haselton | CNBC
You'll need to agree to terms and enter the state you live in.
Now you're logged in. Look at that daily volatility!
Todd Haselton | CNBC
Again, the price of a single bitcoin tends to be pretty volatile, skyrocketing one day and collapsing another. It is a speculative investment.
Add a payment account
Todd Haselton | CNBC
Tap the "buy" button at the bottom of the screen to add a payment account. Credit and debit cards allow instant buys but only let you purchase $150 in Bitcoin per week. Linking a bank account can take 4 to 5 days to trade, but you have higher buying limits.
You're ready to buy. Tap the Buy button again.
Todd Haselton | CNBC
This time you'll see a screen showing your account information. Since I'm using a credit card, I can only buy $150 worth per week. If I buy $100 right now at the current $2708.51 price, I'll get $0.03692073 Bitcoin. There's a $3.99 fee. Now I just tap the Buy button again.
You can also buy Ethereum
Todd Haselton | CNBC
A phone showing an ethereum price chart on the Coinbase exchange platform.
You can use the same app to buy Ethereum, another cryptocurrency. At the time of writing, Ether, the currency associated with Ethereum, is available from $327 a pop. Like with Bitcoin, you're limited to how much you can buy per week.
Prepare for the fraud prevention call
My bank called me within 5 minutes to verify my attempt to buy Bitcoin. You may face the same situation, just approve the purchases and you should be good to go.
Is there another crypto-exchange app similar to Coinbase where we can link an account or credit card to buy coins instantly?
You asking the wrong one....
I'm in the Bible school stages bro,
Back where I'm from you had that before preschool and head start
My fault on the quote. Hopefully one of the experts know.
Man, I had 9.5Ms at one pointYou're the man, I'm currently on page 121 of the main thread.
You said you had 7 million XRP
Another option
https://localbitcoins.com/buy_bitcoins
Kinda like a craigslist/ebay site with escrow
No personal experience with it though
https://localbitcoins.com/buy_bitcoins
Kinda like a craigslist/ebay site with escrow
No personal experience with it though
My Bitcoin fam, what are your thoughts on Ripple (xrp). I just ate lunch with one if my friends from college, and he was strong on me placing my focus on XRP now.
Your Thoughts?
Your Thoughts?
TokenTank>>>>
Yea you right. I found it interesting when he brought up trading futures on bitcoin and how that's the beginning of the end or trading futures on futures is the beginning of the end.
Makes you think back to 08 and the real estate bubble and just how volatile that situation was.
Convenient how BTC emerged a year later as the next bubble.
Yea man Im realizing more and more that the economy of the US is a microcosm of the World, but I think bitcoin connects the world. Its def interesting and I wish I had gotten on earlier as I would pulling out now and reinvesting in something little more traditional.
That being said this net neutrality is interesting because yes it will make slaves to it pay more, but investing in FB, Netflix, Hulu, etc is a new opportunity. Im about to meet with a new advisor next week.
Just finish setting up Bitpay already have coinbase.....
So I'm getting there I'm leaning towards:
$50 bitcoin
$100 litecoin
And hold $200
Unless a more knowledgeable person sees and advice me to do something differently
Make that move and start getting this money bruh
$400 on LTC
Be careful following people .. Remember folks
Have agendas and will have no problem pumping a coin so they can profit you never know while I do trust many posters here
I'd rather not get into the habit of buying coins
Based on a post.
Also when you invest after doing your research don't get all shook if your coin drops s
When you are a small investor patience is the key
So many people cashed out on bitcoin waaay
Tooo early..
That being said...at this moment if I was to invest three bills
And new to the game I would ride that ripple
Roller coaster ...
Sell high and buy low