08-26-2015, 11:33 AM | #276 (permalink) |
COME ON YOU YANKS
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They were at ~220 for a long time. Then they spiked over a few days to 300 and stayed in that range for 2-3 weeks. Now they're back to ~220, where they were quite stable for a long period of time. I think they'll creep back up.
But, regardless of that, just always buy. |
08-28-2015, 11:06 AM | #278 (permalink) |
COME ON YOU YANKS
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Hi ninjaface!
You use a site like coinbase.com or circle.com. Once bought, I'd suggest moving them to a different wallet that you control--one using either https://bitcoin.org/en/download or https://multibit.org/. |
08-29-2015, 11:53 AM | #280 (permalink) |
COME ON YOU YANKS
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1.) You can purchase however much you want. It's all relative. DJ FC is rich and probably purchases trillions of coins at a time to invest a small percentage of his fortune. To you or I, that percentage equivalent may be half a bitcoin. The actual amount isn't relevant as long as you only buy an amount that you're okay with losing if things were to turn tits up. Not that I think things will turn tits up. But there are quite few people that heavily invested while btc was 1k+/coin that likely led to more traffic to suicide hotlines when mtgox went down.
2.) The site that you buy the coins from is an exchange that does allow you to have a wallet to also hold the coins. I suggest you move your coins out of that wallet into a more secure wallet. The two items I mentioned above are more secure wallets where your data is secured on your local machine. This means that you could lose your wallet if your computer/hard drive takes a hard crash (but you can back the wallet up very easily into cloud storage or whatever else) or if your computer is compromised by malware or some shit like that (so don't let that happen). Basically, though, if you transfer your btc from the exchange wallet to either multibit or bitcoin core wallet (multibit is much faster, I'd suggest it), your wallet's integrity is in your own hands. If you want to take things a step further, you can buy a trezor. It's a hardware dealio that gives your btc wallet a physical presence meaning it's really only susceptible to "real-life" theft (not a great term, but you know what I mean). |
05-20-2017, 02:21 AM | #295 (permalink) |
Gangnam Style
Join Date: Oct 2003
Location: DH's Massage Parlor
Posts: 6,383
Internets: 213510
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We hit $2,000 per coin. (lol at DDT for selling)
Thank you DJFC for sending those initial coins (worth $4k now). Moreso, thank you for introducing us to it. Just cashed out half of my coins for a 20% downpayment on a place in Vegas. The feels. |
05-20-2017, 08:16 AM | #296 (permalink) |
COME ON YOU YANKS
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Nice! Congrats on the down payment. What's your situation there now? Moving soon or is this a hypothetical down payment for a place not yet found?
+1 to thanking FC. Please look into your crystal ball and tell us what else we should be doing for ourselves 10 years in the future. |
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