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re: Official CryptoTalk Thread
Posted on 5/5/17 at 3:26 pm to WG_Dawg
Posted on 5/5/17 at 3:26 pm to WG_Dawg
-are people (let's say in this thread, not necessarily everyone as a whole) intending to actually use ETH for currency, or is it strictly as an investment to buy low sell high?
-what causes it to fluctuate so wildly so frequently? What is it that actually moves the needle on the cost of a unit?
-for those with a good bit of ETH, what is your ultimate play? This is new to me...will you sell half when it reaches a benchmark you've decided then let the rest ride? Sell it all?
-hiw can the price per unit vary by site? I think I saw someone earlier say it was more on coinbase than on another site
This post was edited on 5/5/17 at 3:29 pm
2
Posted on 5/5/17 at 3:33 pm to WG_Dawg
quote:
-are people (let's say in this thread, not necessarily everyone as a whole) intending to actually use ETH for currency, or is it strictly as an investment to buy low sell high?
I would say 99% think of it as an investment
quote:
-what causes it to fluctuate so wildly so frequently? What is it that actually moves the needle on the cost of a unit?
speculation
quote:
-for those with a good bit of ETH, what is your ultimate play? This is new to me...will you sell half when it reaches a benchmark you've decided then let the rest ride? Sell it all?
YOLO
quote:
-hiw can the price per unit vary by site? I think I saw someone earlier say it was more on coinbase than on another site
different exchanges...different prices
Posted on 5/5/17 at 3:38 pm to iAmBatman
Thank you, this is all new to me.
So is it bad to just use one site like coinbase instead of shopping around to see if it's cheaper elsewhere? Also is there like a stock ticker or something that monitors the value or do you just get on coinbase and see what it is?
Also I saw someone? mention mining ETH...is it similar to BTC in that there's only a finite amount?
So is it bad to just use one site like coinbase instead of shopping around to see if it's cheaper elsewhere? Also is there like a stock ticker or something that monitors the value or do you just get on coinbase and see what it is?
Also I saw someone? mention mining ETH...is it similar to BTC in that there's only a finite amount?
Posted on 5/5/17 at 5:43 pm to WG_Dawg
This post was edited on 2/3/18 at 10:52 pm
Posted on 5/5/17 at 6:07 pm to DreauxB2015
Betting against the elite?
Good luck with that
Good luck with that
Posted on 5/5/17 at 6:15 pm to WG_Dawg
quote:
-are people (let's say in this thread, not necessarily everyone as a whole) intending to actually use ETH for currency, or is it strictly as an investment to buy low sell high?
For now strictly an investment for me. Once I become for familiar with it's use as a currency, I may transition that way.
Posted on 5/5/17 at 6:16 pm to rocket31
This post was edited on 2/3/18 at 10:51 pm
Posted on 5/5/17 at 6:25 pm to rocket31
I know everyone's situation is completely different, but what kinda price do y'all think it won't "be worth" continuing to buy? $200,300,500?
Posted on 5/5/17 at 6:28 pm to DreauxB2015
quote:
You wanna invest in something Elite backed
Absolutely. In fact I wish every investment I ever made or will make was elite backed.
Posted on 5/5/17 at 6:47 pm to PillPusher
This post was edited on 2/3/18 at 10:51 pm
Posted on 5/5/17 at 6:51 pm to WG_Dawg
quote:
I know everyone's situation is completely different, but what kinda price do y'all think it won't "be worth" continuing to buy? $200,300,500?
Posted previously but short term goal is buy pretty good amount up to $120/unit.
Wait 'til it hits $200-250. Sell some (I'll run numbers but probably enough to recoup my initial investment). Hang on to the rest and hope this thing really skyrockets.
Posted on 5/5/17 at 6:54 pm to DreauxB2015
quote:
You invest in Ethereum your donating to there cause and continueing with your contolled enslavemen
i mean, i absolutely agree with you morally but im going to go where the BIG money goes
the "elite" backing has confirmed my confidence in the coin
Posted on 5/5/17 at 6:54 pm to okietiger
Thanks okie. All the investing I've ever done has been putting money away into retirement accounts that I don't plan to touch for a few decades, so this is all pretty exciting!
Posted on 5/5/17 at 7:09 pm to WG_Dawg
As I continue reading I see that ETC is the actual currency, similar to Bitcoin, while ETH is more of the overall platform. We're all doing ETH right? Is anyone doing ETC instead, or both? And have I understood that right or am I an idiot?
Posted on 5/5/17 at 7:09 pm to WG_Dawg
It's new for me too man. High risk, high potential reward.
Definitely feels like a gamble, and if you can afford the risk go for it. If you're stretching to buy them, I wouldn't.
Definitely feels like a gamble, and if you can afford the risk go for it. If you're stretching to buy them, I wouldn't.
Posted on 5/5/17 at 7:14 pm to rocket31
Nothing wrong with that . Its all about getting ahead any way possible . Just hoping Ethereum isn't a move to destroy bitcoin and eventually collapse crypto currency altogether . Cryto currency has a chance to revolutionize the world and be the death of debt based fiat currency.
This post was edited on 5/5/17 at 7:15 pm
Posted on 5/5/17 at 7:29 pm to WG_Dawg
quote:
As I continue reading I see that ETC is the actual currency, similar to Bitcoin, while ETH is more of the overall platform. We're all doing ETH right? Is anyone doing ETC instead, or both? And have I understood that right or am I an idiot?
No ETC is the original Ethereum from before the fork.
You can read up here:
https://www.cryptocompare.com/coins/guides/what-is-ethereum-classic/
Posted on 5/5/17 at 8:54 pm to DreauxB2015
quote:
there
Learn how to use their instead, then maybe people will take you seriously.
Posted on 5/5/17 at 9:09 pm to DreauxB2015
quote:
Frick the Elite , there leading humanity to certain destruction . Endless wars and suffering of the innocent to enrich themselves. Yea , lets jump on that train because it may make me a few extra bucks . Frick that , douche bag.
Posted on 5/5/17 at 9:15 pm to TigerTatorTots
my ETHs were supposed to be delivered today in my coinbase but it still says pending. anyone else?
sucks, i was hoping to start trading some of them
sucks, i was hoping to start trading some of them
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