Cryptocurrency talk

[angelo]

Hey all! I think it is about time to start a discussion on the cryptocurrency. But not just as a way of payment, but as a technology as well.

We all know that the most popular right now is the BitCoin, but there are many others that are better than Bitcoin.

And they will start to prove that soon.

So lets probably start with the most cliché questions:

• Do you invest in cryptocurrencies?
• If yes, in which?
• Why?

Me personally started to invest these days. I didn't want to get into Bitcoin at first and I was actually running away from everything connected with BitCoin. However after one discussion with my brother and a friend it enlightened me that these are technologies that will develop more and more. And with the fast tempt of developing these days it is a good oportunity .

Of course it is also a risky one if you do not have any knowledge of technologies and if you do not read the news and so on.

So what do you think?

[Ixist]

angelo I think cryptocurrency is like stock. Same risks involved. I’m not investing, but I think now maybe a good time to sell it. If I did I should have bought it a long time ago.

Whoever made it is super rich now probably.

[angelo]

Well, there are many cryptocurrencies - Bitcoin , Litecoin, Ethereum, etc.

It's like stock market, yes.

But more exciting

[Ildergreier]

How do one do this?
I need a recipe.

[Prettyrickyboi]

I'm a fan of Ethereum.

But to learn about crypto currency I'd look at some YouTube videos. There are several good ones there especially for bitcoin.

[idle]

[Ixist]

How do you get that?

[Prettyrickyboi]

gimmiee lol

[idle]

Otherwise checkout this currency:

IOTA
https://en.wikipedia.org/wiki/IOTA_(technology)
https://coinmarketcap.com/currencies/iota/

https://www.cryptocompare.com/coins/iot/overview/USD

https://factschronicle.com/heres-everything-need-know-iota-coin-7341.html

[Prettyrickyboi]

Otherwise checkout this currency:

IOTA
https://en.wikipedia.org/wiki/IOTA_(technology)
https://coinmarketcap.com/currencies/iota/

https://www.cryptocompare.com/coins/iot/overview/USD

https://factschronicle.com/heres-everything-need-know-iota-coin-7341.html

hmm, what do you like so much about this crypto. I know there are thousands.

[angelo]

It is created with a new technology - Tangle. The others like Bitcoin use blockchain. IOTA will be used for the IoT industry.

By the way the currency is called MIOTA.

Here's a link to the:whitepaper https://iota.org/IOTA_Whitepaper.pdf

idle look what i know

[Prettyrickyboi]

It is created with a new technology - Tangle. The others like Bitcoin use blockchain. IOTA will be used for the IoT industry.

By the way the currency is called MIOTA.

Here's a link to the:whitepaper https://iota.org/IOTA_Whitepaper.pdf

idle look what i know

How can you buy it. Is there a supporter like CoinBase? I'm also wondering if it is as untraceable as bitcoin. Although bitcoin is not untraceable it is very hard to trace. If not the dark webs folks wont like it too much and I figure they give a huge push to currencies like Bitcoin and Monero.

[MRSNAKE]

Bit coin is way over valued.

[Muestereate]

Almost all of them keep going down down down. I suspect bitcoin bubble was Russian propaganda payment capitalization. In the end these cryptocurrencies might be good indicators or indexes of global criminal activity.

It still looks like you could buy a small bottle of pheros nearly every month off of an Nvidia 1060. 2 cards and you could buy some oil.

[MRSNAKE]

Almost all of them keep going down down down. I suspect bitcoin bubble was Russian propaganda payment capitalization. In the end these cryptocurrencies might be good indicators or indexes of global criminal activity.

It still looks like you could buy a small bottle of pheros nearly every month off of an Nvidia 1060. 2 cards and you could buy some oil.

If you missed the bottom on bitcoin don't get in now, no point, the hype is over and that bitcoin creator cashed out and is at the beach somewhere.

[berg35]

Frankly, it's an interesting thing to get involved in the cryptotraiding and all this stuff, if you'd like to try I guess it's required to make some own research about this world. For starters I'd recommend to read <ahref="https://https://cryptogeek.info/en/blog/how-to-survive-in-the-cryptocurrency-market>article</a> and this <ahref="https://cryptogeek.info/en/blog/top-5-exchange-cryptocurrency>article</a>.Just to get the basic knowledge.

[berg35]

Is there anybody?

[XSteveO]

I'm invested in quite a lot. Basically anything we accept I have a balance in.

[PheroJack]

Saddens my heart to what happened to Bitcoin and cryptos in general amidst the coronavirus. It does show you it is not as resilient and stable of a currency as it really is perceived to be and susceptible to sentimental factors just like anything when it comes to the investing market.

[r3mpuh]

I remember when bitcoins costed 5$.