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Pitcher

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Pitcher
Pitcher

I have a few people that are on this web site that cannot afford VIP but wanted to learn about Crypto Currencies.   Just in case the Dinar gains value so they will have a little knowledge to invest.  

Pitcher
Pitcher

Below are a few websites I like to read and the top Exchanges to buy your Coins.  I use, Coinbase( very easy to set up), Kraken, and Gemini as my Crypto Exchanges.   Kraken is a little tougher to set

coorslite21
coorslite21

If you haven't heard much on "crypto".......let's lay a foundation.....   We are all familiar now with the birth of the internet in the 90's......and we know how this has changed all of our

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NEPatriotsFan1 Veteran

NEPatriotsFan1

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Posted
1 hour ago, Floridian said:

@NEPatriotsFan1     @Pitcher  and everyone else:

 

 

He lost me at its getting delisted.... it is not, it is going to have trading suspended as of 1/19.... sounds like a BTC maxi trying to drive the price down.... they are doing a good job of that but I’m holding. I feel they are shaking out retail investors and that shortly after the first of the year it is going to the moon. 
 

go check out @nikedragonn on twitter has some interesting theories, but I’ve been following some interesting threads and I’ve been mentally prepared for a massacre before we see the promise land. Phoenix rising from the ashes.... but it all has to burn first. I’m more worried about tether scandal and how it’s going to decimate BTC holders are some point 

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Floridian Experienced

Floridian

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10 hours ago, NEPatriotsFan1 said:

He lost me at its getting delisted.... it is not, it is going to have trading suspended as of 1/19.... sounds like a BTC maxi trying to drive the price down.... they are doing a good job of that but I’m holding. I feel they are shaking out retail investors and that shortly after the first of the year it is going to the moon. 
 

go check out @nikedragonn on twitter has some interesting theories, but I’ve been following some interesting threads and I’ve been mentally prepared for a massacre before we see the promise land. Phoenix rising from the ashes.... but it all has to burn first. I’m more worried about tether scandal and how it’s going to decimate BTC holders are some point 

 

I agree with you and I'm holding XRP for the long term also.  The video was the first video that came out on the subject so I posted it as soon as I saw it.  Then I found and posted the article that said trading was suspended, and not delisted.

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umbertino Grand Master

umbertino

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Bitcoin surges to record $28,500, quadrupling in value this year

 

Institutional investors help cryptocurrency to 47% gain in December as interest in US dollar declines

 

Julia Kollewe

Wed 30 Dec 2020 11.01 GMT Last modified on Wed 30 Dec 2020 11.40 GMT

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sandsoftime Proficient

sandsoftime

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Not sure which crypto coin is the 'one'....   but with XRP in an uncertain time I transferred my XRP to Bitcoin....Seems the hot hand right now...I try to keep an eye on all coins and read what I can find...If something breaks out, I'm prepared to redirect that way..  Thanks to all for their input on crypto... We can share what info we have and help each other...

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umbertino Grand Master

umbertino

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Bitcoin boom threatens to turn it into pure gold

 

Big investors are eyeing the once volatile cryptocurrency as a hedge against inflation

 

Richard Partington Economics correspondent

Sat 9 Jan 2021 16.00 GMT

 

 

 

 

 

 

 

 

https://www.theguardian.com/technology/2021/jan/09/bitcoin-boom-threatens-to-turn-it-into-pure-gold

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umbertino Grand Master

umbertino

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A Man Who Forgot His Password to Access His Bitcoin Could Lose $ 220 Million

 

German programmer Stefan Thomas lost the document where he entered his IronKey years ago and has only two attempts to gain access left
 
Entrepreneur Staff
January 14, 2021
 
 
 
 
 
 
 
 
 
 
I mean ....Seriously.........
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umbertino Grand Master

umbertino

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Price of dogecoin rises by 50% following Elon Musk tweet

 

Thanks to boosts from the world’s richest man, the cryptocurrency has skyrocketed in value, along with bitcoin

 

Thu 4 Feb 2021 11.33 GMT
 
 
 
 
The power of words...No wonder...
 
Here yesterday ( or was it today ?) Milan Stock Exchange gained a solid 6% right after our President of the Republic Sergio Mattarella appointed Mario Draghi as (potential) PM following a crisis  ....
 
Draghi having been Central Bank of Italy director a few years ago and then, more importantly, the European Central Bank boss...Thus enjoying great Int'l credibility and rep plus excellent relationships with EU.....
 
Now we'll have to wait and see if he is capable in getting a new Gov't together......Some parliament members here are Pro while others are Con...As usual.....That's nothing new....
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coorslite21 Grand Master

coorslite21

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12 minutes ago, umbertino said:

Price of dogecoin rises by 50% following Elon Musk tweet

 

Thanks to boosts from the world’s richest man, the cryptocurrency has skyrocketed in value, along with bitcoin

 

Thu 4 Feb 2021 11.33 GMT
 
 
 
 
The power of words...No wonder...
 
Here yesterday ( or was it today ?) Milan Stock Exchange gained a solid 6% right after our President of the Republic Sergio Mattarella appointed Mario Draghi as (potential) PM following a crisis  ....
 
Draghi having been Central Bank of Italy director a few years ago and then, more importantly, the European Central Bank boss...Thus enjoying great Int'l credibility and rep plus excellent relationships with EU.....
 
Now we'll have to wait and see if he is capable in getting a new Gov't together......Some parliament members here are Pro while others are Con...As usual.....That's nothing new....

 

Hope that all works out for Italy......nervous times all around the World....

CL

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umbertino Grand Master

umbertino

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31 minutes ago, coorslite21 said:

 

No worries on the plus stuff...as you are way north in Italy do you feel any isolation from the political uncertainty that Italy faces?

CL

 

 

Hello again....No...I do not feel any isolation in that as Italy is a relatively small country and we all as Italians ( north, south, east, west)  do feel involved in the uncertainty the country is going through as it matters to us all....There's a lot we have to solve...Economical crisis, pandemic, much more.....

 

Let's hope....

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umbertino Grand Master

umbertino

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Tesla buys $1.5bn in bitcoin, pushing price to new high

 

Elon Musk has helped to drive popularity of cryptocurrencies, including bitcoin and dogecoin

 

 
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umbertino Grand Master

umbertino

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Nvidia's new gaming software puts brakes on mining cryptocurrency

 

Artificial constraint highlights struggle to keep up with demand from cryptocurrency miners

 

 
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umbertino Grand Master

umbertino

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Bitcoin's market value exceeds $1tn after price soars to above $54,000

 

Cryptocurrency heading for a weekly gain of 14% and up by 60% in February

 

Joanna Partridge

Fri 19 Feb 2021 17.29 GMT Last modified on Fri 19 Feb 2021 17.36 GMT

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PrehistoricMan Community Regular

PrehistoricMan

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So I guess I will ask my questions here then...

 

  Does it work like commodities?  See if you buy a dow jones for instance and it starts going down, you are losing money.  Eventually you will take a loss if it goes down too much.  Commodoties force you to get out of it basically....you have to have enough money in the account to cover the loss.  Does it also work this way with cryptos?  You can put a stop in that gets you out in commodities.  Can you do this with cryptos too?

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PrehistoricMan Community Regular

PrehistoricMan

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Oh well....I have another question but afraid it wont be answered.  I googled xrp.  To see what it was trading at.  Clicked on the xrp button only to find out it appears to me xrp is like the title of a coin.  xrp is broken down into about 400 other coins.  So...so confused.  All I see is people buying xrp.  Well, which one?

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KaitlynnD Newbie

KaitlynnD

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Hmm,  try investing with a considerable amount that you wont mind losing I guess? it's crazy how crypto currencies had boomed over the last few years, even to the point where you own your own wallet and credit. even online casinos are accepting crypto as form of credit and payment lol. casinos from the middle east like libancasino use it as one of their payment methods. 
 

Edited by KaitlynnD
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PeaceSign Contributor

PeaceSign

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On 2/24/2021 at 5:29 PM, PrehistoricMan said:

Oh well....I have another question but afraid it wont be answered.  I googled xrp.  To see what it was trading at.  Clicked on the xrp button only to find out it appears to me xrp is like the title of a coin.  xrp is broken down into about 400 other coins.  So...so confused.  All I see is people buying xrp.  Well, which one?

Cryptos are weird but it is the future. Xrp and xlm are the rails between banks. (Interbank payments) so all the digital currencies that will be moving around from different central banks will have to be tied to one for ease of transactions. So xrp is useful in that if a dinar needs to be changed to a rupee then xrp is the bridge. If that makes sense. So xrp and xlm are considered bridge currency. This is how I understand it I could be wrong. I have both xrp and xlm.

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PeaceSign Contributor

PeaceSign

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I currently use coinbase cuz it's easy for beginners...however as I learn more I realize I'm going to want to use a decentralized exchange...but haven't made the leap yet cuz I'm still learning. Coinbase is centralized which means they technically own your money. Decentralized means your in control, peer to peer, but more involved...still learning.

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PeaceSign Contributor

PeaceSign

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On 2/23/2021 at 1:33 PM, PrehistoricMan said:

So I guess I will ask my questions here then...

 

  Does it work like commodities?  See if you buy a dow jones for instance and it starts going down, you are losing money.  Eventually you will take a loss if it goes down too much.  Commodoties force you to get out of it basically....you have to have enough money in the account to cover the loss.  Does it also work this way with cryptos?  You can put a stop in that gets you out in commodities.  Can you do this with cryptos too?

Yes But.   You are on the ground floor of a geyser. You are still at the bottom of the s curve so it's ultimately a bull market. In this situation you want to buy and Hold. No selling even when it drops, if anything buy the dip. You will lose your pants if you start swing trading cryptos. Buy hold and don't get emotional. This is generational wealth building. Buy and keep buying no matter the dips. My goal is to accumulate shares no matter how low it goes cuz I'm looking at the 5  10 20 yr outlook. It is volatile so I will not be swing trading. However volatility is vitality. Buy and hold! 

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