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Crypto Currencies ~ " Duck Tales Spin From The Crypt"

Discussion in 'Stocks & Investments' started by Guerrilla, Oct 13, 2017.

  1. Oct 27, 2017 at 5:17 PM
    #21
    DriftingPanda18

    DriftingPanda18 Well-Known Member

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    I started about 3 months ago... wish I had started last December when it was 900 a coin lol. Supposedly it's going to be 25k a coin by next summer. I also heard that Amazon is thinking about accepting bitcoin as a payment and if it does happen this will tremendously shoot the price up. Yes coinbase only sells BTC,ETH,and LTC only.
     
    Last edited: Oct 27, 2017
  2. Oct 27, 2017 at 5:26 PM
    #22
    Guerrilla

    Guerrilla [OP] L(.)(.)K@G(.)(.)Dz

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    Sweet.
    I've heard people say there's potential for it to go 100k or way over, I've even heard a mil... Who knows.
    But yeah, if more companies start excepting it, that would more than likely shoot the price up..

    I tell you one thing tho, that'd have been FREAKIN AWESOME to have bought a few thousand worth of BTC in early 2010.. I'd never even heard of it then tho, however if someone would've mentioned it, and kinda told me some info on it and showed me the best way to get it.. I'd have more than likely at least put a couple hundred in. Which would still be a tremendous amount now.
     
  3. Oct 27, 2017 at 5:29 PM
    #23
    Guerrilla

    Guerrilla [OP] L(.)(.)K@G(.)(.)Dz

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    One of the issues I'm having is there's just so much information out.. And so much of it is conflicting, so it's hard to know the best route.

    That's why I started this, in hopes of finding some people on here that are into it, hopefully some experienced ppl.
     
  4. Oct 27, 2017 at 5:33 PM
    #24
    DriftingPanda18

    DriftingPanda18 Well-Known Member

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    Ether jumped a lot this year it was $7 a coin and it's averaging about $300 a coin. A guy had invested 100k when it was 7 and then sold at 300. He made over 3 million!! It's the now the most stable coin compared to Bitcoin.
     
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  5. Oct 27, 2017 at 5:47 PM
    #25
    T Fades

    T Fades Well-Known Member

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    from what I understand, cold storage wallets like Trezor/Ledger do not actually store crypto, they store a key to gain access to the blockchain where your crypto is.

    One good thing about Trezor, and I assume (but don't know) is the same for Ledger, is you have a 25 word backup that in the case you loose your Trezor, you can contact Trezor, and you can get your crypto back with that 25 word code.

    They are pricey though, around 100-150 I think.

    One could just simply use a USB key but you don't have the ability to get it back if you physically loose it.

    Some people keep both a cold storage key like Trezor, and keep a paper wallet as well. Just don't let anybody get ahold of that paper.
     
  6. Oct 27, 2017 at 5:47 PM
    #26
    Guerrilla

    Guerrilla [OP] L(.)(.)K@G(.)(.)Dz

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    Yeah, that's a nice return.
    I just wish I'd know more about it all sooner..
     
  7. Oct 27, 2017 at 5:48 PM
    #27
    T Fades

    T Fades Well-Known Member

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    Yea it's ridiculous the amount of money that could have been made when BTC started. Say you put $1000 when BTC was only $5. You would have over a million today.
     
    bski22 and Guerrilla[OP] like this.
  8. Oct 27, 2017 at 5:51 PM
    #28
    Guerrilla

    Guerrilla [OP] L(.)(.)K@G(.)(.)Dz

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    Wouldn't that be putting some sensitive info to a company.. Like when you said you can contact Trezor and get back your code.. That'd mean someone/company besides you would also have your code right.?
     
  9. Oct 27, 2017 at 5:58 PM
    #29
    T Fades

    T Fades Well-Known Member

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    I'm not sure what the Trezor company knows before hand, but when you set up your physical Trezor, it creates a 25 word code. I don't know at what stage the company Trezor knows how to verify your 25 word code.
     
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  10. Oct 27, 2017 at 8:09 PM
    #30
    DustStorm4x4

    DustStorm4x4 BBC 2020

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    GDAX is the same company as Coinbase. Only differences are the fees and GDAX doesn’t have an app like Coinbase. Another good exchange, I’ve heard, is Gemini; owned by the Winklevoss twins.
    The design just seems more appealing to me. Personal preference is all. I’m sure both are fine.
     
  11. Nov 2, 2017 at 8:36 AM
    #31
    Guerrilla

    Guerrilla [OP] L(.)(.)K@G(.)(.)Dz

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    Bitcoin at 7,106.17$.
     
  12. Nov 2, 2017 at 8:48 AM
    #32
    DriftingPanda18

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    Yes lol it will reach 11k by Jan of 2018
     
  13. Nov 2, 2017 at 9:02 AM
    #33
    Guerrilla

    Guerrilla [OP] L(.)(.)K@G(.)(.)Dz

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    It'd be awesome if it'd fall to a couple hundred bucks for a month or two. Then shoot up
     
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  14. Nov 2, 2017 at 10:26 AM
    #34
    DriftingPanda18

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    It dropped like 400 bucks but went right back up within 5 mins.
     
  15. Nov 2, 2017 at 3:29 PM
    #35
    Guerrilla

    Guerrilla [OP] L(.)(.)K@G(.)(.)Dz

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    I noticed.
    Hah back up tho, 7,115.79$
     
  16. Nov 2, 2017 at 3:35 PM
    #36
    Guerrilla

    Guerrilla [OP] L(.)(.)K@G(.)(.)Dz

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    What if crypto currencies is a NWO agenda:spy:... Like this is the start of eliminating paper fiat. Another step towards that chip to buy this or that. And a one world currency.
     
  17. Nov 2, 2017 at 8:59 PM
    #37
    DustStorm4x4

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    I think the digitalization of money was going to overtake physical cash with or without Bitcoin. Governments can use money as a system of control, but that’s the beauty of Bitcoin; That it’s not controlled by any centralized entity. That being said, governments can still track their way to you and your bitcoin transactions. There are cryptos that offer more anonymity like Monero and Zcash though.
     
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  18. Nov 3, 2017 at 6:08 AM
    #38
    Blackouts

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    Elimination of paper fiat would only boost the demand for bitcoin.

    People will trust a government cryptocurrency about as much as they trust the current fiat systems, or less.
     
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  19. Nov 3, 2017 at 7:30 AM
    #39
    T Fades

    T Fades Well-Known Member

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    unless it becomes illegal to sell btc
     
  20. Nov 3, 2017 at 9:30 AM
    #40
    Blackouts

    Blackouts Well-Known Member

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    It would be extremely difficult to try to enforce this. All a government can do is shut down exchanges, like China did. Once we have lightning network and decentralized exchange this will become increasingly difficult as well.

    I don't think it's likely to happen in the US. It would be like banning the internet in the 90's, we don't usually like to miss out on tech innovation.
     

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