Official Bitcoin Thread

say you drop 1k on eth @ $95.....then it hits $100 (which we all feel it will)....you would get this:

1k worth of eth @ $95 = 10.52ETH

once ETH reaches $100.00.....your 10.52 eth would now be worth $1052.63 which means you came up:

$52.63 from your original investment.  COOL.

Now, say you invested that 1k into a high volume trading token that is approx .05cents.

1k worth of say TokenX @ .05 cents = 20,000TOKENX

Say that coin just moves 1penny to .06cents (which if it is high volume token, happens alot)... .

your 20,000TOKENX at .06cents is now worth: $1200.00.  

So you are now up $200 from your original 1k investment.  Something to ponder.

It's funny u used this example because I have to explain this to my friends a lot. They want to put in 1K and make a major come up which is hard when the buying price is already so high.

I've advised a lot of them to go the LTC route because they can still buy in Lower and have a higher profit with little movement.

I'm so glad LTC is back on track. Ironically my son was born today so I haven't been able to watch the market nearly as much. Just opened up coinbase saw it was back up to 29 and knew God was good today.
 
It's funny u used this example because I have to explain this to my friends a lot. They want to put in 1K and make a major come up which is hard when the buying price is already so high.

I've advised a lot of them to go the LTC route because they can still buy in Lower and have a higher profit with little movement.

I'm so glad LTC is back on track. Ironically my son was born today so I haven't been able to watch the market nearly as much. Just opened up coinbase saw it was back up to 29 and knew God was good today.
congratz brotha!!!
 
It's funny u used this example because I have to explain this to my friends a lot. They want to put in 1K and make a major come up which is hard when the buying price is already so high.

I've advised a lot of them to go the LTC route because they can still buy in Lower and have a higher profit with little movement.

I'm so glad LTC is back on track. Ironically my son was born today so I haven't been able to watch the market nearly as much. Just opened up coinbase saw it was back up to 29 and knew God was good today.

Congrats homie
 
**** LTC

I'm not buying back in that after selling

ETH long term like it was from the start
 
say you drop 1k on eth @ $95.....then it hits $100 (which we all feel it will)....you would get this:

1k worth of eth @ $95 = 10.52ETH

once ETH reaches $100.00.....your 10.52 eth would now be worth $1052.63 which means you came up:

$52.63 from your original investment.  COOL.

Now, say you invested that 1k into a high volume trading token that is approx .05cents.

1k worth of say TokenX @ .05 cents = 20,000TOKENX

Say that coin just moves 1penny to .06cents (which if it is high volume token, happens alot)... .

your 20,000TOKENX at .06cents is now worth: $1200.00.  

So you are now up $200 from your original 1k investment.  Something to ponder.

This gonna be my next move once im diversifying. Right now im on hoard mode
 
New York makes it so annoying to trade crypto [emoji]128553[/emoji]....Im able to do it but gotta jump thru mad hoops.Cant use Kraken ,Polo etc ....
 
Gentlemen, this may be it. Crypto is becoming mainstream at a rapid pace, at this point billions of dollars are entering daily.

I'm seeing this stuff all over the media, even as scaling issues are apparent.
 
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So I should hold all my BTC, ETH and LTC?
Coins on [emoji]128293[/emoji]right now.
 
someone break it down to me when you have time,

so i have coinbase right and i want to get something like ripple...so do i buy a actual bitcoin using usd and after getting the bitcoin i transfer it over to polo, THEN buy the ripple coins?

also how in the world do you get your money from polo back to Dollars....ive seen people make transfers and lose EVERYTHING lol
 
We hit the $100 mark!!!! Here comes the FOMO!!!

400
 
someone break it down to me when you have time,

so i have coinbase right and i want to get something like ripple...so do i buy a actual bitcoin using usd and after getting the bitcoin i transfer it over to polo, THEN buy the ripple coins?

also how in the world do you get your money from polo back to Dollars....ive seen people make transfers and lose EVERYTHING lol

I did it that way, sent bitcoins from my coinbase to polo. I bought the coins and then to convert you just send back the bitcoins to coinbase via the address. Hope that helped
 
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