Could someone clarify a noob question for me?
I don't understand how it is that currencies are traded in pairs.
Say I buy BTC/USD I now own BTC right, but can I sell it for something other than USD?
Or does it have to be sold in the pair I bought it in if you're using an exchange like kraken etc?
Another example I don't understand... Say I'm buying into an alt coin in the pair Altcoin/BTC I then own the altcoin that I buy with btc? So if it goes up relative to USD I could sell it as Altcoin/USD is this wrong?
Would really love if someone can help a noob out. thanks!
the BTC market is for altcoins that you can trade BTC for
the ETH market is for altcoins that you can trade ETH for
example altcoin: ARK
you cannot trade ETH for ARK
you can trade BTC for ARK
so if you have ETH, first you have to trade ETH to BTC then trade that BTC for ARK
if there's no pair then that means you can't trade those coins for each other on that particular exchange site, does that clear it up?
Thanks! Somewhat cleared up for me maybe I think?
So the example you gave, in terms of pairs would that be: buy BTC/ETH, then you have btc
then buy ARK/BTC, now you have ARK
actually I'm still confused, maybe I'm dumb but it seems really counter intuitive to my mind.
So say you buy a pair A/B you now own A bought with B? And can then buy C/A, buying "c" with "A". Or do you not use pairs like that
I think another way of what I'm asking is,
do you have to buy and then sell in the same pair?
or how would you change from:
BTC/ETH -> ARK/BTC
The conference is tomorrow but I see no one talking about this coin. Why is everyone thinking OMG will go crazy even though it's mainly a GNT event?
I'm siting on them since jun and really like the project ! I'm exited to see what will happen til the end of the year !
>>3365443
I dont give a fuck about this shitcoin. it is shit
>>3365443
I'm down 70% on this shitcoin. Will need a miracle just to break even...
How are these web wallets like Coinbase or Kraken possibly going to pay us all when we cash out at the inevitable $10,000 mark?
>>3364362
You will have to use challengelly
buy shit with it
gyft.com
>me? I'm a digital nomad
beta uprising has begun, i think this will end the world
Time to pull out.
>>3365403
>Things a girl will never tell me
DETAILS PLS WHAT DO?
you are s-scaring me!! P-please tell me more.
How long until the American markets crash?
How long will the crash last for?
What will you be buying in the dip?
I'm personally going to invest heavily in the military industrial complex after the markets crash to profit from the world war that is appearing on the horizon.
>>3364357
very reliable and fail proof plan, you have there
there'll be nothing to collect if the world plunges into war lmfao
>>3364357
depends how many regulations that were put in place after the last crash the Republicans roll back
historically,
more regulations = less crash
less regulations = frequent and harder crash
the happy space is somewhere between
Im done. Tired of refreshing kraken every five minutes and tehn panicing when price drops fraction of a fraction of a cent.
What would be good coins to hold long term and forget about. Lets say for a year.
Im thinking XMR XRP and BAT
Thoughts?
>>3365267
I'm holding BAT. Not sure about the other two
>>3365267
I'd throw in XVG solely because anonymity is going to be a big deal and it's seen steady gains.
>>3365267
>refreshing kraken
Noob just get blockfolio
DELISTING ALL OUR FAVORTE CHINK COINS. GO TO HELL
>>3364355
My bitcoin!
>>3364355
shitcoiners btfoed
bitcoin is the only king and legitimate coin out there.
>>3364355
fuck chinks and fuck their coins
let them gulag themselves to death and support the masterrace coins
Redpill me on SegWit2X.
>>3364305
bittcoin will double in price again
told you it was a bearish flag
Retard
>>3364338
say it to my face
mods sticky this
tell these noobs they should have listened
https://neo.org/Blog/Details/64
Press F to pay respects
Man I sure hope so. I hope it takes half you annoying little fucks with it. You know who you are.
>>3365232
>m-m-muh chinese ETH !!
ETH is a scam people
>b-b-backed by the chinese government
Ern.. nope.
Lots of biztards owned by a get rich quick scam.
SHORT.
Still not too late , non-believers
>>3364284
WE WAS NOAH AND SHIT
AND THE FLOOD AND SHIT
Ark bros are for life
I have 0.5 BTC, what should I buy?
already have some OMG but I wanna buy something different with potential
no meme answers please, I will donate 0.001 BTC to the best answer
>>3365121
IOC has been gaining a lot of interest
>>3365121
Invest it in a bourbon company. It's getting more and more popular in Asia.
13WHCZStqRHPG2AYHJMK7mpFQzFaxFDJ6D
>>3365121
Get the neo dip serousky
I just bought .3 ETH with my measely 250 a week paycheck (6 bucks to complete transaction instantly on coinbase, now moving to bittrex for like 2 bucks)
w-where do I start
I recommend you look into ARK, OMG, or BLOCK and choose one to start accumulating. Monero is also good.
>>3364282
omg super cheap atm
in a need of a strong holding hand
Rules:
1. Roll;
2. Execute.
I'll start
>>3365132
I'll invest in bean cash
>>3365117
Roll