/CCG/ - Cryptocurrency General

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rip gold

>first time buying coins
>bought 1 bitcoin for 1keuro
>bought 7 etherum for 100euro
>plan is to wait 5 years and then cash out a millionaire
To me it seems like the risk/reward factors make it a mandatory investment

What year will ETH hit 100?

what year will it hit 1000?

is it safe to give tour id to someone? in what ways could it fuck up your life?

>>1821158
Yes

I've been mining some ZEC and PASC. What should I do with them? Hold on to them and wait for them to moon? Trade them for other coins? If trade, what for?

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>>1821158
>>1821529
By 2018 you will see $10,000 ETH coin. Mark my words.

GNT has bottomed out, easy money lads

I'm very new to cryptocurrency, I understand he concept and understand that Etherum is different form bitcoins and perhaps has more potential for the future or that's my opinion anyways, I know I'm late to invest in bitcoin but i have a couple grand i want to drop on ETH but I'm not sure which platform should I use to buy em, I want to buy and hold for a couple years maybe it moons mine bitcoin, any help or advice is appreciated

>>1821643
Get some bitcoin on localbitcoins or somewhere that sells bitcoins

Sign up for poloniex

Transfer bitcoin to poloniex and buy Ethereum

Obtain an ethereum wallet

Send ethereum from poloniex to eth wallet

>>1821645
Thanks bruh

>>1821645
Is coinbase a viable option?
Exchanging money for bitcoin and then onto etherum sounds like an awesome way to pay a lot of fees, can't you just buy etherum on coinbase?

>>1821088
GameCredit's Market Cap is well above the current price.

With the news that just dropped on their ANN thread, we'll see a correction back to 25k+ sat within 24 hours.

>threw €50 into btc for a laugh a while back
>converted back to €75.50 yesterday

Wew lad 50% return

Next dip when?

>>1821114
Better hope shitcoin doesn't crash in the meantime

It'll come back up, I believe the general trajectory will be upward until the next major memecoin appears, but there'll definitely be corrections between now and then

I expect one in the next month, probably not down to €750 or before, but enough of a dip to buy back in

But that's just a hunch tbqh

>>1821666
Coinbase give all your info to the tax man. Go for it

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wassup bbz

I'm in the mines, makin' them losses

Cooking up some Burst and PPC because I have old equipment and why the fuck not

Taking all these asscoins and trading them in for ETH/BTC

>fuuuuuck yeah bb, slap them nonces

MFW I can masturbate while accruing minuscule amounts of equity

>>1821809
>buy bitcoin at R$1000
>sell it when it was R$2700
I love this coin.

Bought ETH at 0.001108 a few days ago when should I pull out?

Is kraken Legit to buy bitcoin or is there any better option?
I'm in straya so It seems like it's not really aimed for people living down under

>>1821898
How do you make a loss while mining

>>1821918
Uh like never?

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>>1821643
I buy at Kraken. Pretty easy. Be sure to backup your wallet and password multiple times securely on different devices and offline.

Bought some ETH at 12,15€ but couldn't stop trading and lost money. Only a few bucks but anyway. If i just held I would have made 6€ in 3 days. I will try not to panic sell in the next months and years.

Btw why isn't it as easy to see transfers in ETH wallet as in Buttcoin wallets?

Hope /biz/ didn't memed me into a stupid investment.

What about lepen

>>1822014
Damn I can't manage all the different wallets. Trumpcoin, Pepecoin LePen coin I want them all

>>1822033
Keep them in the exchange? Surely your not holding them for long friend?

>>1821918
That's pretty good considering the ETH:BTC ratio is at .0125 now. IMO I think there will be a pullback possibly after the Ethereum Enterprise announcement as people sell the news. It might be a good idea to take profits at the high now, and look for a re entry during the sell off. This is just my opinion though.

>>1821990
Can I put a fake info in a kraken account and still use it with my checking?

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>"Did you hear about what Anon's doing?"
>"What's that, Stacy?"
>"He still owns BITCOIN and ETHER!"
>"He's so dumb! Everybody knows that Dogecoin is the future of currency!"

How do you reply?

So did those shills manage to get the Drumpftards to buy Trumpcoin? How do I check the price? Where's the blockchain?

Also whatever happened to 42coin? Is there still a way for me to purchase it? I bet it's at $1000 a coin at this point.

>>1822198
I don't think so. You need the verification to do withdrawals. Should be fine.

>>1822307
*You need the verification to do deposits from real currencies.

>>1822014
Lepen is a bottom barrel shit being barely kept alive by someone buying up all the coins.

I don't expect it to meme as hard as Trump/Putin... it will meme though. Prob 5X-10X and then smash to nothing again. Plan accordingly.

So /biz/, are we /segwit/ or /BU/? Or is BTC fucked for scaling and its time to jump to ETH and monero?

>>1821955
Cost of electricity.

>>1822404
>5x-10x
That's the plan.

>>1822307
Is it not likely the govern't will be coming after coinbase/kyc users at some point demanding 'taxes' then?

>>1822432
Time to go 100% ETH

>>1822559
Didn't that split? Which is the "real" one?

Also, is there a linux liveCD with an ETH wallet generator so I can setup a secure paper wallet?

>>1822636
The real one is called ethereum

>>1821088
>I hope the price of BTC stabilizes so it goes to the moon

>>1821158
by 2019 ETH is expected to reach 100 gorillion dollars

>>1822544
yes, absolutely. If you were trying to get into BTC for tax evasion purposes, you're doing it wrong by posting about it at all without being behind 7 skeletons.

>>1821158
Probably never since I have 100 of them and I have the worst luck ever

Guys, what's your opinion on SysCoin (SYS)? My friend is really bullish on that coin.

i got 950 litecoin, each coin ourperforms it

fml, ltc is overdue

>>1821114

>1 bit
>7 eth
>millionaire

>>1823073
Its a shitcoin

What do you guys use to monitor your coins?

>>1823182
i think ltc is ded m8

f

Holy moly today I tried to go from no coiner to coiner and I barely got away with my life. I tried out five crypto markets and I freaked totally out. Waitin a week to confirm. No SEPA takes very long. Yes sir not buying now wait five days.
Isn't there a way I can buy buy btc and eth with gift cards or paysafe or nintendo cards or what the actual fuck??? AAAAHHHHH!!!!

"Use btc anon. untracubal meme" "u neet to show id, bank account, photo of ur penis, dna and fingerprint to buy fucking nothing on our scam site. make sure to show us ur balls while photo validating you suck."

localbitcoins does not work in the shithole my country turned since 2015.

>>1823284
you're being stupid.

Monero is the only truly fungible cryptocurrency available and now people are getting caught on DNM through Bitcoin!! Monero is the answer: http://www.praisemonero.org/

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I'm sorry to shit up your thread lads, but I'm really trying to get in a bit late and would love some beginner stuff to start on such as:
>actually turning a profit in BTC
>whether scrypt mining is still capable of turning a profit in current year with nothing but a souped up PC+GPU
>best way to get in now without buying high

I've always believed BTC/Crypt had a future but never did it seem like I NEEDED to get in until now. Would love some advice or just some good links.

>>1823434
you must first email Mark Karpeles your soul and beg for mercy

>>1823434
>gamble on the ETF announcement march 11
>no
>there isn't, unless you scam someone.

>>1823284
coinbase>paper wallet. Unless you're tryina buy more than $50 a day

>>1823434
Buy ethereum. Its $16 now and will be nearly $100 by the end of the year

>>1823284
What country are you in? Just use localbitcoins cash deposit option. Lots of people dont require id

>>1824083
>I want to believe

>>1823648
ETF?

>>1823000
Not what I said, how can you evade taxes buying bitcoin legally? No, I was asking whether simply owning them and having your info held by coinbase would warrant being audited for them 'if' they go up in value in a year(s)?

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>>1824314
ETHEREUM has a better chance of going 10x than BTC since BTC already went there and ETH is going there! This is bitcoin 2.0 watch this short explainer video if you doubt:

https://youtu.be/-SMliFtoPn8

>>1824086
You can make it so spread the word buy a t-shirt, bumper sticker, etc.

>>1823657
i tried but they also require id and bank info.

>>1822475
These toads will never know what it's like to be king.

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About to go long call etc and xbt before march

wish me luck

>>1824314
It's no different than any other investment that appreciates in value. Capital gains tax. If you make any decent money with it, you had better just pay your fucking taxes or they WILL find out and ruin your boipucci. Pay your god damned taxes hippie.

Xmr will moon

GUYS CHECK OUT ARGUS
WTF JUST HAPPENED

>>1825032
Nice scam coin

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>>1821088
Can someone explain wtf is happening here?

>bought 0,5 btc from localbitcoins
>sent it to my multibit wallet np
>tried twice sending some to poloniex
>just says "sending", and in the description there are suddenly two addresses
>been stuck like this for four hours

Im new to btc and so far it really doesn't seem like the currency of tomorrow...

>>1824775
Depends on country, mines has a free limit of 600 if you buy/sell within a year per year, if you hold the coins for a whole year its tax free

Ethereum question: does the riding price mean that it costs more for the same calculation?

>>1821645
i did this and now the ETH is in my wallet, i checked on EtherScan, but the sync is taking so long (GETH) is this normal?

>>1825109
Fair enough. My point is, it's wise to not fuck around with the tax man. Just pay what you owe and sleep easy at night. You don't want them coming after you 5 years later for principle and interest COMPOUNDED DAILY. They've got teams upon teams of people who's only job is to sniff out fuckery and swing the hammer. If you think crypto is under their radar you're nuts.

>>1825078
check confirmations on blockchain

>>1825078
Everything is normal. Just wait. If fee is not high enough it can take a looooooooong time.

>>1824775
Is this really such that Capital Gains taxes will apply to them? That makes no sense to me, bitcoin is just digital currency, if I change my Dollars into Euros and the value of the Euro shot up, I would not be taxed on that so why should the Gov't be getting in on digital? Seems like they have no reason and just want in to control it.

>>1825719
You'd be assessed tax when you cash it out into fiat. Sure if you just buy and hold crypto and it appreciates but you never cash it in, there's no tax to pay. But what's the point of that? Let's be honest...if you suddenly had $1,000,000 worth of buttcoins you wouldn't cash out?

>>1822432
Segwit obviously

>>1825114
Seconded

Should I sell my bitcoins now? bought from 800

>>1825887
fuck no, $100k dollars each soon mate

>>1825887
Maybe diversify, now that some cryptocurrencies (cough cough ether) are showing potential for great growth, but don't sell all of your coins.

>DASH
WHAT THE FUCK

Is ethereum still mineable?

>>1825844
You also have to pay tax if you trade between cryptos. BTC > ETH > BTC for example

>>1826007
DASH has been silently staying in the green by a good margin these past months with all the noise going on with Bitcoin and now Ethereum. I'm kicking myself for not paying more attention. Feb 6th they had a new version release, and just recently paired with Wall of Coins.

>>1826131
>silently

It literally doubled in price in the last two weeks

>>1826156
Yes I know, and that's what I said in my post. The reason I said silently is because the places I frequent such as /biz/, reddit, and Polo have made no substantial mention of it.

>>1825844
Yes. But thats when you take a short trip to panama city and open an account at mercantil banco el dorado

Signs of an ETH dip incoming today?

Was going to dump some cash in but gonna hold for a while now, think it may dip over the week

>>1823073
Here's a simple 1-question quiz to assess the quality of any cryptocurrency:

1. Is it bitcoin?
a) No ---> it's a shitcoin
b) Yes ---> it's not a shitcoin.

>>1822213
Lol look at the bitches going with the bitch coin.

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For some reason Coinbase wont verify my id, ive tried 20 times with crystal clear pictures... any tips?

What is the best alternative? I just want to buy 2 bitcoin and $210 worth of ethereum.

>>1826314
Yep, i suppose it's going to fall to ~14 euros and keep raising to about 16 again then

The news of bitcoins decide the further course afterwards

Is the dash train too late?

>>1826340

>Whats Blockchain technology?

You are probably one of those guys who also said bitcoin is the shit when it was around $5

>>1826373
Bump im freaking out

when will ETH be unmineable? It's still mining for me right now.

>>1826373
Forget coinbase, nothing but trouble. Buy 2,5 btc at localbitcoins and buy eth through poloniex. I just did it.

>>1826373
I showed my drivers license and it was approved within about 30 minutes ,maybe contact support?

>>1827514
I did, the website is trash

>>1827343
no shit, it works for everyone
it'll stop being mineable when ETH switches to POS, no one knows when yet, estimated perhaps late this year into next year. but no one really knows yet

>>1825114
yeah, or that the same calculation pays more
but that also means that more people are likely to be working on hashing Ethereum, so it doesn't necessarily mean mining is more lucrative

>>1827802
is it worth buying a second RX 480 to mine with or am I better off using that $250 to just buy more ETH?

>>1828250
depending on where you are in the world there are much cheaper 480s than 250
beyond that a lot depends on other factors. power cost, how often you're mining, how tied in you want to be
if you have free power then i would get the card. even after eth goes to pos you can mine something else, and so on, after the card pays for itself it's all profit and then you can sell the card once you're done
if you dont then it's hard to say, i would probably just buy eth? but i dont know
really hard to suggest one or the other without more info

>>1828256
I'm currently mining ETH on a single RX making about 4-5 ETH a month. I just don't want to spend too much mining and then miss out on a big payday if ETH possibly hits $100 soon.

Also what are some other popular coins for mining?

>>1828258
ZEC is the other big one for now, also z classic, expanse (also dual mining like eth), XMR if you dont pay for power
those are the ones i know off the top of my head
if you're worried about eth mooning soon then put your money there. if you want to play the long investment and steady money game get a card. personally i dont see eth hitting 100 soon, maybe MAYBE by the end of the year

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> trying to link my bank to coinbase
> its taking a while
> Bitcoin has literally gone up $30 since I started

>>1828308
They won't even fucking verify my id kill me now

>>1821088
I don't know jack shit about crypto trading but already made a 25% ROI by longing ETH and BTC.
I use it as a more risky value store. (Though not more risky than my EUR because the EU might fall in a few years.)

Is Monero a good value store?

>>1826284
This. Remember kids, taxation is theft.

when should i buy more eth

>>1828879
as soon as possible

>>1828880
can't tell if you're memeing me but i did it anyway lmao

any estimates how high it will go? i'm a poorfag but i went all in and now i have 14 ETH

>>1828881
He's not memeing you. $50-$100 by the end of the year. $2000 in 3 years. Buy while its still cheap.

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>>1828885
>$50-$100 by the end of the year. $2000 in 3 years. Buy while its still cheap.

>>1828881
In 3 years if ETH doesn't have a market cap of 100 Billion i will eat my hat

>>1828903
Ok kid

Is there a step-by-step way about getting into bitcoin ownership? The amount of websites seems overwhelming and smells highly of scams.
What applications to use? How to transfer bitcoins to regular money and back?

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>>1826340
>>1828902
>>1828918

Stop implying there can be success in crypto beyond Bitcoin! Nothing will ever ever ever innovate on it!!! REEEEEEEEEEEEEEE

>>1828924
http://www.tailopez.com/
the perfect site for idiots like you

>>1828924
fuck bitcoin in its obsolete ass and buy Ethereum.

>>1828939
rude

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nobody really does this, right?

>>1829207
That is such bullshit

Some exchanges not only want that but also some recent bill with your name and address

Nigger I don't have any bills how the fuck do you plan on confirming me

>>1829235
well I live in Germanistan so I have to do it

You think eth will reach $20 by tomorrow?

>>1829207
>Giving your real name to NSABase

>>1829207
Everyone who uses real coin exchanges did this

It's even worse in Japan and Germany how >>1829239 said. Had also to make a photo of my passport and a recent bill to verify my address.
Feels not very good to know there are important photos on some American server. I imagine how they laugh while verification because of stupid photos :(

>>1829276
It will likely reach $20 within several hours.

Can yall predict if the prices will drop soon?

I've been trying to join one of these fucking sites for a week now and still no id verification.

Bitcoin went up 100 this week. Eth 6.

Its fucking ridiculous that they can actually take a long time verifying on a time sensitive application. Ive been so angry and anxious this week.

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>>1829644
Don't stress yourself. I think this is important in any case. Maybe you lost a lot if you would have invested but you didn't. But there will be much more chances to make money. Look what happened with Dash. Even worse.
The Ethereum price WILL drop someday.
And never forget that you can loose everything in minutes.

If the prices start to fall I'll sell my BTC and buy SYS with it. I can do it with one click on Poloniex so I'll act fast.

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>>1821088
I want to mine ETH. How do I know when geth is synchronized?

>>1829857
need more info here. whats your GPU? Are you in a mining pool or mining solo?

>>1829857
open up your geth wallet while syncing, it will show what % you are at.

>>1829644
Aaaaand Gemini needs a US cell phone number but im military stationed in Germany with a german phone number

Time to off myself

>>1829863
https://www.cryptocompare.com/mining/guides/how-to-mine-ethereum/

I started following this guide. I used to SCRYPT mine in 2015, but havent since then. So I have no idea what this geth thing is. I started synchronizing, went to eat, when I came back my computer had rebooted, opened geth again and screenshot is what Im currently looking at. I have one 280x, one 270x and a gtx 1080. Is there any point in mining on the 1080 btw?

>>1829875
My ethereum wallet is on a different computer, do I need one for this computer as well?

>>1829880
I remember something about that you can get a US cell number by paying for skype...

>>1829887
>My ethereum wallet is on a different computer, do I need one for this computer as well?

no just enter your wallet address in the txt file for your miner. With that kind of GPU power you should be using a mining pool though. Try Genoli here

https://ethermine.org/

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>>1829895
Thanks, but havent got a miner yet. Since these numbers match up Ill assume that Im synched and continue to follow the tutorial

>>1821088
Probably about to download coinbase and invest mainly in Ethereum since the tech giants seem to be behind it. Am kind of poorfig, will do about 200 to start. I have about 2500 dollars total right now. Is this a good idea guys?

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>>1821088

should I sell my Trumps to buy BTC? Or ETH?

>>1829960
Both.

Fuck it, bought into Eth

Suspect it's going to be a short ride despite all the general bullishness, but I'll grab a bit of coin while things are good

>>1829644
If the bitcoin ETF gets approved on the 11th the price is going to go crazy ,if it doesnt get approved we are probably going to see a big dip.

Eth is likely going to run out of steam soon and have a pullback

>>1829960
I pulled out of Poloniex.
Sold my Dash and ETH to buy BTC, I had a HUGE gain thanks to Dash and a loss due to ETH and /biz/
In the end I bought low and sold high, made some nice gain but I'm still very disappointed because I don't have the balls big enough to hold.
Anyway, a gain is a gain even a 300$ one.

How much longer until the ethereum hype wave dies and everyone realizes they got memed into buying another useless alt coin?

>>1826015
Yes.

The switch to PoS won't happen until late in the year.

But you can earn money with PoS by staking.

>>1830099

Sold my Trumps for BTC on NovaExchange, trying to withdraw it but it says "access token not accepted" or some shit.

Will dash recover?

>>1830170
Not going to happen in the next days

>>1829682
Obviously it'll drop anytime, but it's going to raise further in the next days and it is going to raise to 50 after the drop aswell

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>>1828924
This. Bumping for non-meme advice

Is XMR next?

>>1830254

go to localbitcoins.com

register

follow on screen instructions.

>>1830256
no. ethereum made all other coins obsolete.

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Is anyone finna short Bitcoin?

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>>1829895
>>1829907
>>1829887

I guess I'm mining now, but I have no idea what Im doing. Do I need to have the geth cmd window open? I entered the ETH address on my other computer, will it still work? How long until I get some ETH at this speed? I want to see that it works before I change the PSU and put in the other cards.

I just sold all my btc, dont plan on buying anymore. Am I dumb?

>>1830302
If you're just starting go join a mining pool, you aren't gonna make a fraction of an ether doing it that way.

Go to ethermine.org and follow the instructions on using genoli.

>>1830317
Im thinking of shorting it bc ETF prolly won't go through

>>1830322
Is it so simple that I can download genoil miner, enter the config in a *.bat and run it and Itll mine`? The guide I followed seems so overly complicated compared to have I used to mine back in 2015...

>>1830254
>>1828924
Just Google/YouTube the basics if you have no idea what BTC/crypto actually is. Then you Google what types of wallets there are, if it didn't already explain this. Then you Google for a site which can sell you BTC/other crypto for real money, or browse these threads for recommendations.

You'll either buy from an online wallet website, where you'll have to go through a long register progress first, and it'll let you store coins as well, or buy from a website that'll send coins directly to an address (does not always require an account, but it might require certain verification, e.g. sending them $0.01 from your bank account first). The address can be found within whatever wallet you decide to use.

Next you'll most likely want to send your coins to an exchange (unless you only wanted BTC, or whatever crypto you bought, to go long with). There are multiple different crypto exchange websites on which people are able to make buy/sell offers and trade with each other (the website obviously taking a small fee for each trade). Just register at whichever exchange website you decide to want to start using. Check if the crypto you want is available on there first, though (e.g. you can't buy/sell TrumpCoin on Poloniex, but you can on C-CEX). Lastly, after registering and logging in, you'll need to find the address for the coin you want to put on your account. Send your coins from whatever wallet you're using to the exchange account's address. After the exchange account received them, you're ready to start trading.

>>1830345
yep. Been using is for a year now no problems. Then just type your wallet address in the website to view your mining rate and how much you're making.

Is Electrum a decent BTC wallet? Can I store other cryptos in there as well? If not what's a better wallet choice?

Thanks

>>1829207
You have to do the same thing if you want to bet on football. It's to prevent tax fraud because tax fraud is theft, too.

>>1830435
Electrum is great

>>1830483
Is it BTC only or can I store ethereum there too?

Real talk?

How likely is the ETF to get approved?

Cashed out on Monday when I'd made 50% returns on, but considering dumping a grand back in in case it moons after the announcement

But at the same time it could shit the bed if it doesn't.

What do we think?

>>1830612
How long does till we can actually buy into the ETF if it does get approved?

>>1830617
Oh I don't mean buying the ETF, fuck that

I mean just buying more BTC

Alright you jews,

so how do i into crypto? Where should I start? I was into crypto a long time ago (round 4 years ago) and made a fuckton of wallets and made very very little btc. I forgot it all and left it behind....however....this ETH hype is motivating me to go back into the crypto scene.

Now my question is, what should I do? I have a good amount of capital I'd like to invest in, which is roughly $500 USD.

>>1830906
Just go to localbitcoins and buy btc. Then register on poloniex and use the btc to buy eth

>>1830906
>good amount of capital
>500 bucks
>going to dump it all into internet funny money

I don't even know why I bother with this board. If you only have 500 bucks to invest and you're choosing to dump it into cryptocurrency, you must be both an autist and either NEET or a fast food employee. 500 bucks is lunch money bro, if that's all you can afford to invest, put it into something safer than memecoins and let it grow organically.

>>1831322
Lol what?!
Enjoy your safe investments and your max 10% profit annually.
I had like $200 a month ago then I managed to double it on shitcoins. It's risky yes, but I'd rather lose my small money with a risky investment than gain cents with a safe one.

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Is machine learning useful for trading bitcoin?

>>1831345
Okay anon. You chase unicorns with a few hundred bucks, I'll keep maxing out my 401k and IRA, and we'll race each other to retirement.

>>1831357
>not doing both

>>1831358
That's the only point I was trying to make. Don't dick around with memes and dreams investments unless you already have adequately funded your retirement, emergency fund, etc. The guy I was replying to said he only had 500 bucks to invest, I assumed he wasn't planning on putting it into retirement.

https://www.coinexchange.io/market/RNS/BTC

Next Pascal.

>>1831385
so its about to get added to poloniex?

>>1830925
Is there a reason for not buying ETH directly from an exchange?

>>1831572
no. but if you transfer fiat to an exchange you have to jump through hoops. the easiest way is to use bitcoin. and the easiest way to obtain bitcoin is localbitcoins

so where exactly do you go to withdraw your bitcoin money?

Do you guys trade via the web site of poloniex or do you use additional software? How do you set a stop loss?

>>1831625
Via Web.

>>1823192

he wants to be a millionaire with that in 5 years?

never gonna happen. give it 10 years

What are your thoughts on the bitcoin ETF decision on march 11?

>>1831636
Buy the rumor, sell the news

>>1831365
Totally agree, but this is an international board and the situation is very different from country to country.

You shouldn't judge others based on your situation, but try to give the advices in a proper manner without being a dick.

XMR will follow along and moon soon

>>1830612
I don't know ,but if it's approved Bitcoin is going to get crazy

ETH Dip after negative article from yahoo finance covering fintech event

>>1831591
An exchange or a Bitcoin ATM

>>1831743
Doesn't matter because there are too many people waiting for a dip to buy in

We are playing against neets on eth, not experts and those totally fell for the hype

What's up with dash, did the bubble burst?

Guys I am new to this stuff. Can somebody give me a basic gestalt on the benefits and negatives of this coin stuff please.

>>1832111

benefits: trade coins easy and make some profit
negatives: High risk and there is much scam out there

>>1831385
no next thing will be something i know alot about

it will be shilled once its launched

Dash is ded.

ETH is about to be ded.

Once again Bitcoin wins.

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>>1832144
go back to r/bitcoin

>>1832187
go back to r/ethereum

>>1832144
>>1832187
go back to old news

be ready for the one to beat em all

"Your etherium will be delivered in 9 days on March 13"

What does this mean?

>>1832234
that they need to receive the funds in order to give a customer their btc or eth.

The bank transfer system takes a lot longer than it should, which is also a major plus for bitcoin.

I want to start mining ethereum with my GTX 1070, but I heard on windows it just crashes your shit. Is it still effective to mine in a dual boot/virtual box??

here is your chance to liquidate your bitcoin into gold

I can't be the only one doing this.

>>1832144
lol monero is next newfag

>>1830612
I went ahead a bought $100 worth of bitcoin yesterday. Just telling you this so you know have skin I'm the game.
>In before poor fag
On the off chance it does go through gains will be epic. Of it doesn't there may be a slight brief dip but 1K + seems to be bitcoins new floor. Seems to me risk/reward is worth it to get back in.

I went ahead and bought ETH on the dip, just to let you know that i'll be atleast 4x as rich in december

>>1832561
so you'll be able to afford 2 KFC familybuckets in december as opposed to a small menue now?

>>1821088
Can somebody give me their thoughts on ethereum?

The only articles I can find are people jerking off to how great it is. I don't completely understand how it's a crypto-currency if it's intended purpose is for smart contracts. Will it be used for these other things with the crypto-currency aspect being a side benefit?

Just some things I'm trying to clear up.

>>1832667
Also what's going to happen when they transition from proof of work to proof of stake?

Anyone have experience with Margin Funding on Bitfinex?

I have a few hundred in BTC and ETH and I wanna make them coins work for me.

>>1832690
https://www.youtube.com/watch?v=gt4yL_8fnWA

>>1832731
But they almost died

>>1832772
Going to the moon isn't for the timid now is it?

>>1832797
Maybe you could given an actual explanation instead of meming?

>>1832807
Pro tip: nobody on /biz/ understands the technical aspects of this shit. You're on the wrong board. this is a board for degenerate gambler. Do you notice that there's very little discussion of actual business or entrepreneurial pursuits? Notice that 90 percent of this board is crypto discussion and stocks? This is the fucking scratch ticket board. You would be better off asking /g/

>>1832545
If the bitcoin ETF is approved this is going to be the last chance to get in before it totaly explodes.

>>1832828
I didn't even ask for a technical explanation.

Why will point of stake increase the value so much?

You don't need to know everything, but how will reducing the cost of transactions increase the value?

>>1832849
Nobody fucking knows. It's all speculation. Anyone pretending to know is either fucking with you or delusional.

>>1832849
well, for one there will be no miners constantly dumping coins on the market. instead, inflation (the number of new ETH created) will be almost 0

>>1832849
>point of stake
No one is responding to you because you word yourself so poorly. Proof of stake will not increase the value drastically, read this:

https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ

Ethereum will increase greatly as developers begin utilizing the programming/smart contract part of ethereum which is the part that makes it unique. (With combination that it's technically better than BTC at every level).

https://www.youtube.com/watch?v=66SaEDzlmP4

>bought ethereum on bitpanda
>had to download a wallet from official ethereum website
>copy the address given in the wallet
>buy the ethereum
>it doesn't show up in the wallet
>it shows up on eterhscan.io instead
>now I don't know how to sell it.
Recently converted nocoiner here. How do I sell ethereum?

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>>1832956
your wallet hasn't synced up yet. sometimes it can take days.

you can still send recieve eth using the .JSON file of your private key in your wallets keystore folder uploaded to myetherwallet.com

just go to myetherwallet.com, browse for the .JSON file corresponding to your private key, select it, type in your password and boom your wallet will open on myetherwallet, then you can use the functions on myetherwallet to send your ETH. or simply gloat over it.

>spend €200 to buy 0.159 BTC
>sell 0.159 BTC on same stire for €187.50
Is this normal?

>>1821827
Why do people sell bitcoin when the price is in a dip? Doesn't that make them lose money?

>>1823182
segwit is killing ltc

>>1823657
BULLSHIT
U
L
L
S
H
I
T

>>1832987
You are a retard that got hustled. People sell over the market value to profit (or at market value if they bought in waaay early for cheap and they dont give a shit about small change and just want to SELL NOW).

>>1825078
Blockstream/core and its fucking segwit/LN is stopping bitcoin from getting bigger blocks, there fore fees are rising 300% and there is a transaction backlog of 50000 transactions.

>>1833012
So what can I do? Can i move the BTC into a wallet and sell somewhere else? I'm new to coins so I've never sold them before. What is the usual thing to do?

>>1833024
The usual thing to do is not to sell them cheaper than you bought them in the first place... Buy low, sell high. The larger the transaction, the more the net profit, obviously. Buying at 1.18 and selling at 1.21 when you have 50€ worth of buttcoins is just moving cents/satoshi around.

Depends on how many BTC you have and what you want to do next. If you want to buy in before the possible happening on the 11th which may shoot either way, Id wait for the lowest and buy then (bitcoinde had it today for 1.143, that of course does not mean that somenone was selling for that amount). Then just sit on it, if you see an opportunity/good deal, buy some more. If there is a dip, either buy some more, or wait it out without touching it (if you spent all your money beforehand).

>>1832906
>point of stake
Yeah I'm retarded.

>Ethereum will increase greatly as developers begin utilizing the programming/smart contract part of ethereum

Well it makes it more economically efficient if it uses less power, right? I'm just trying to figure everything out about it. People would probably take ETH posters more seriously if they didn't just meme all the time.

Pretty interesting stuff though.

>>1833001
exchanges have a lot of bitcoin on reserve, they make their money through transaction fees, not necessarily through the price fluctuation like speculators.

Or it could be a nervous person that doesn't want it to drop too far, or that their sell order is set that low (or high rather).

>>1832956
I just made the exact mistake - used Bitpanda as well.

Downloading your wallet via the official ethereum website makes it WAAAAY more complicated than it needs to be.

Here's what you do:
>Open the shitty ethereum app thing that doesn't update because it's downloading the entire blockchain first (fuck knows why)
> At the menu there's an option to backup your account or whatever
> This opens a directory that has a bunch of files. One of them starts with UTC....
> Go to myetherwallet.com
> Click 'view wallet info'
> Upload the UTC file and put in your password
> Save the PDF file with your private key password

Or, you can transfer your ETH to a new wallet, one that isn't shitty Bitpanda and actually lets you withdraw

Feel free to donate: 0xBA2680EaE92d3F56eDAc36D449226033010Cdb27

anybody know what happen with btllf today?

Judging by the last few replys on this thread it looks like retarded american negros have woken up. time to duck out and go to bed.

remember, buy ethereum.

>>1833100
we've been up you third worlder

Is it too late to get on the mETH train? Thinking about dropping $300 on it today

>>1833105
You're not going to make a few hundred grand off a $1k investment, but there's still a ton of room to grow.

>>1833041
I understand the concept of buying low and selling high. My question is, is it normal to have a 7% difference in euro between buying and selling the same amount of bitcoin?

>>1833120
Yes, only in your case it was the wrong way (loss instead of profit).

>>1821088
Have you guys ever played around with Ripple? Looks like it would be a fun one to buy low and sell high repeatedly with $10 bucks initially, it's over 1000 coins and doesn't really give you much to lose.

Same type of returns in the future. Anything sub 500 sats is good. Someone big is about to start shilling it.

>>1832906

Of course POS would increase value. Less on the market and more in wallets therefore demand > supply

>>1821918
wooooow

What are good wallets to use for Ethereum? I am looking at MyEtherWallet for online, Mist for desktop and Ethereum Wallet by freewallet.org for my mobile. Are these the right choices?

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Amazing to think at $20 ETH $10,000 will get you 500 ETH right now but at $50 ETH $10,000 will only get you 200. That's amazing!

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I need someone to screen cap this incase BTC ETF isn't approved. So you can give it to the authorities when my GF kills me. Thanks I'm advance.

>>1833741
How do they get out of that?
How did they get IN that
How are those bars strong enough to stay at that angle while supporting at least 250 lbs?

>>1828924
>>1830254

Localbitcoins, kraken or coinbase. I use localbitcoins as the vendors are competing in order to have the lowest price and best service.

>>1833748
I second this

>>1833045
The important part to understand is that the programming language in ethereum can be used to create any decentralized application.

This explains it briefly:
https://www.youtube.com/watch?v=TDGq4aeevgY

For proper discussion, visit bitcointalk.

>>1821565
Are you fucking serious?

>>1833748
I saw someone sleep in something similar at a reality show once. It was hanging on a horizontal wire that they are attached to and sleep attached to. This picture might just have been photoshopped from having the wire go horizontal to vertical. An aluminium pyramid skeleton with a strong floor could easily support hanging like that.

>>1833634
>not having a separate account for saving/buying shit you like/throwing out the window on trades

stay cucked

>>1829239
was fuer eine seite benutzt du?

Heres a tip from a guy who's been around the block.

> forget about all the hype you've been hearing about ETH or any other crypto's
>wait another year for the price of bitcoin to crash
>buy a whole load of it
>sit there in your hurt box waiting for it to rise again.

>>1821643
>mine bitcoin

I hope you have a Quantum computer because even if you get the best PC money can buy, it'd take a century to even break even the cost of the computer it took to mine the thing.

>>1823182

litecoin is a shitcoin now bro.

Don't even bother.

You might as well trade the LTC back to currency and wait for the price of proper coins to increase again.

I'm speaking from experience here, I lost a shit tonne of money from investing in Litecoin.

>>1833907
It's still viable to mine asic-resistant altcoins with a gaming GPU and then trade them for btc or eth.

>>1833748
Read up on how blockchains work, they're supported by the entire network.
/joke

Anybody know what the easiest and safest wallet to store both ETH and Bitcoin is

I'm officially salt/salty

Bought back into BTC AT 950. Sold at 1053.

>BTC balloons as of the past week.
>Resist the temptation to buy as iI rises every single day shattering every record.
>Buy in today att 1260.
> BTC stops rising.

Brb necking myself. Should I sell? Is a correction coming?

>>1834064
cut your losses and sell, it'll guarantee the moonmission :^)

>>1834064
Bitcoin ETF could be approved on the 13th ,hold on.

ETH struggling a bit

Lend it your power to get above €18

\o/\o/\o/

>>1834064
I know that feel. You cant make/lose money until you sell! REMEMBER THAT

My plan is to sign up at Coinbase and buy some ETH, then watch it go up.
Is this a good plan? I just don't want to be a wretched nocoiner any longer.

>>1834151
yes retard. the longer you wait, the more expensive it'll be.

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Should I sell my Ether and be happy with some Euros more or just take every wave until moon?
>tfw no belief

>>1834155
I mean, should I get a different wallet, or is the exchange fine?

>>1834161
I use Coinbase personally. It's a lot more user friendly then other online wallets although there is a small fee when buying or selling a lot of them.

>>1834161
buy from coinbase then send it to your own wallet straight away,if the exchange gets hacked you lose your coins.

>>1834159
Would you have sold bitcoin at $20 a piece?

>>1834172
Y-Ye...no! Thank you, there are always people who strengthen my hope. 18.12€ already again :3

>>1834172
apples oranges retard

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Jesus... YES I made a mistake and didn't know I should make the transaction fee higher. Does this seriously mean that I lost 0,1 btc?

>>1821862
just transfer the coins to a diff wallet?

>>1834205
It shouldn't matter how much the fee is because only transaction speed is affected, so it should come earlier or later. Or what did you do wrong? Did you check the addresses double and the transactions at https://blockexplorer.com/ ?
Did you send to or from a coin exchange and if yes did you contact the support?

ALWAYS, for everyone who is new to this, before you send coins anywhere, send a small amount to coins to test if it works. Especially when you transfer bigger amounts.

I feel like we need a general coin tutorial for beginners.

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Will the BTC and/or ETH price rise or fall at 11 March? Serious question.

>>1834260
Depends on if the BTC ETF is approved. If approved BTC rises. If not approved, people will probably dump some btc into mETH

>>1834205
no, the transaction will go through eventually. The network is extremely fucking slow rn

>>1822213
was actually told this by a coworker who then proceeded to show me shibas on his phone.

Purchased a couple hundred bucks of ETH on Coinbase and now it's not even showing up in my recent activity even though earlier it said the purchase was pending. Is this normal? Does it usually take awhile to get your ETH?

>>1834558

It took maybe 2 minutes when I bought some yesterday. There was no gap between pending and being credited.

join the crypto memers club

https://t.me/joinchat/AAAAAD_I8F7MjemieerMmQ

Bitpanda is fucking bollocks.
Where do you lads buy and sell your coins?

>>1821088
Q:
I just bought 10 ETH on coinbase to sort of see how all this works. How do I transfer it to my Ethereum Wallet?

So, China controls more than 50% of the BTC miners now. Since BTC only works because it's decentralized and knowing that China's entire economy is based on deception, what's the likelihood that they're just "printing" BTC or raping paper wallets that haven't been touched in a few years?

Seems to me that as the flow of BTC from illegitimate sources increases, the price will just continue to go down until it hits zero, at which point it only makes sense that they'd put their miners to work on other cryptos as well.

Are there any ETH paper wallets without encryption?

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>>1834737
u can use coinbase ethereum wallet, where they hold the private keys. or you can send to your own wallet (hardware or online) where you hold the private keys and have full control over your ether.
https://www.myetherwallet.com/ i just use this desu senpai

>>1834786
It's not just miners who have a vote. Bitcoin network consensus or 'Nakamoto Consensus ' is comprised of all the main parties involved including Miners, Wallets, Developers, Merchants and Exchanges. If anyone of these entities does harm the network punishes them by ignoring them and choosing someone else to work with instead.

If the miners attempt to do harm we will fork around them.
If the developers attempt to do harm we will fork around them.
If the exchanges do harm we use different exchanges.
If the merchants attempt to do harm we use different merchants.

Let me make this clear, NO SINGLE ENTITY IN THE BITCOIN NETWORK HAS TOTAL CONTROL.


>>1834796
i have no clue


>>1834260
rise


>>1834205
no, it just takes fucking forever. that's why rarely use btc for transactions anymore
try this https://www.viabtc.com/tools/txaccelerator/

>>1832906
is there really that much demand for a currency on a decentralized smart contract platform?

>>1834849
>It's not just miners who have a vote
>If the miners attempt to do harm we will fork around them.
i realize that we aren't locked into a corrupted system, and can always build anew, but looking at it from a global phycological perspective, what possible reason could China have to control majority processing power if they aren't using it to bypass the decentralization rules?

When BTC first started becomming popular, it was common knowledge that if a single entity controlled more than half of the processing power, they could override the rest of the sytem because everything relies on impartial verifications, if China controls the majority of the miners doing the calculations, those verifications are no longer decentralized. Sure, we could fork it and create a new main coin, but there's nothing preventing China from using those same miners on that new coin as well.

>>1834920
>but there's nothing preventing China from using those same miners on that new coin as well.
their ASICS are specifically designed to mine SHA256 bitcoin algorithm i thought?


>i realize that we aren't locked into a corrupted system, and can always build anew, but looking at it from a global phycological perspective, what possible reason could China have to control majority processing power if they aren't using it to bypass the decentralization rules?
and yea you're not wrong. i actually just copied that from top youtube comment from here lol

https://www.youtube.com/watch?v=FtR06bIDxkE

also that guy who made the comment also is pretty based. but yea, i hear what you're saying, and you could be right

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Bitcoin will hit a bubble soon.

Don't believe me just watch.
Don't believe me just watch.
Don't believe me just watch.

>>1834927
>specifically designed to mine SHA256
Yes, but even if they only operated at 10% efficiency when mining alts, the farm size would still be more than 50% because nothing else has nearly the same network size as BTC.

I don't want to see it end, I've made pretty good returns over the last couple of years; but if we're looking at the beginning of a new era where China has the power to access old wallets and "print" limitless BTC, it won't be worth staying in. What's worse is that they'd even have the power to hijack transactions, though I don't think they'd abuse that one simply because if they don't maintain the illusion of value, there wouldn't be anyone left to sell to.

The question really becomes: How far will they push that power before people castch on?

Is something happening with the bitcoin network right now? I've been waiting for a small transaction with blockchain.info's suggested fee for about 3 hours and have no confirmations

>>1835112
I've never done fees, and transfers were taking about 3 hours between my wallet and btce back in Dec when i sold out. I don't know where transaction times are now, but if you're paying fees, 3 hours seems like a lot to not have any confirmations. Did you check and make sure the wallet address was right?

>>1834945
is it the chinese government?

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why didnt i buy more in 2013

>>1835335
Jesus christ the difference between november and january

>>1828712
>Is Monero a good value store?
yes

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What do you guys know about Monero. I have about $300 worth of it and I'm starting to get hot for it. Thinking about converting a couple of BTC into Monero and just sitting on it for a few years.

Should I wait for the ETH price to drop further or just buy it now?

>>1835355
https://youtu.be/pTgadb7M47E

the future of digitial currency. the only currency that is not 90% speculation atm. the supply and mining algorithim are very similar to bitcoin, but the ring signatures and completely anonymous factors should bring it to a much higher market cap in the future without a doubt. obviously there would be major network problems if everyone on btc blockchain went straight to monero, but apparently it is scalable. i honestly dont understand the technical very well, but it's much more anonymous than btc and transactions are fast af, so thats good with me. $13.80 with $194 million market cap right now, converting a couple btc into monero is not a bad idea ;)

>>1835359
short it my nigga

The $50 credit card limit on Coinbase is pissing me off and I've got to wait a couple days to verify my bank account. What else can I do to buy some sweet ETH? I'm impatient.

>>1835377
DM vitalik on twitter im sure he has some.

i would do pay pal for ETH right now, but i am too lazy :(

Why does Ether keep falling REEEEEEEEEEEEEEEEEEEEEEEEEEEEE