Econ Crypto-Currency Thread

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dougiemac

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So I've been studying the whole cryptocurrency phenomenon for the last 3 months and finally took a leap. Anyone else playing in this new world? If so what currencies have you bought and what new currencies are you eyeing?
 

TattooedGunner

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I bought some of the big 3. Litecoin has been crazy the last week. I've got little enough in each that if I lose it all I don't care. It's hard not to go all in though.
 

chance

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Im up to a couple grand, with only a few hundred dollars in it. If I lose it all like the naysayers believe I will, oh well.

My goal is to make enough to buy a transferrable machine gun.

The thought of buying a machine gun that the gov doesnt want me to have, with profits from a decentralized currency the government doesnt want me to have lol.
 

1776

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There's a couple up on Hilton Head that bought Bitcoin pretty low and ended up with a quarter mil when they sold it. They donated it to charity.
 
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dougiemac

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There's a couple up on Hilton Head that bought Bitcoin pretty low and ended up with a quarter mil when they sold it. They donated it to charity.

Wow! BTC is too high to make any big amounts of money on now. ETH and LTC are solid investments that can make some money on and you maybe able to double your money in a year on XRP.
 

Laufen

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Imma wait til the crash. Don't get caught up in buying when the market is redlining.
 

Laufen

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If you're into charting, ETH looks like it's ready for a retracement and it's attached at the hip to BTC's movement right now.
 

chance

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I wish I would have been able to buy a bunch after that quick crash, but the holidays and a new gun have eaten up all my playing around monies
 

Woodstock

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Can someone explain "Bitcoin mining"? Read a completely incomprehensible article about breaking puzzles to "mine" Bitcoin. Wtf