bit coins for dummies like me.

cat of curiosity

cat of curiosity

Well-Known Member
Lucky Luke said:
I'm still waitig for a step by step "dummies Guide" to purchasing bitcoin.

Can I just go to one reputable 100% safe site and buy some?
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coinbase, get a wallet, and purchase with debit/credit card.

coinbase has had super heavy traffic, and has gone down for a minute here and there... but transactions were completed, so, not a big deal...

litecoin, ethereum, bitcoin cash, and dogecoin have been fun to watch this week. you can collect free satoshi and litoshi through coinpot.co (auto-deposit through moonbitco.in, moonliteco.in, moondash.co.in, and moondoge.co.in). make sure your antivirus is UTD, the mining sites are full of nasty shit...
 
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roseypeach

roseypeach

Well-Known Member
dogecoin may be where its at. Not nearly as popular so whatever you put in, is relatively safe and should eventually go up. Like bitcoin before anyone really knew what it was...


much WOW!
 
kaka420

kaka420

Well-Known Member
ripple is bullshit banker controlled coin. everything I don't want in crypto.
I'd pass on it.
 
R

roonie

New Member
cat of curiosity said:
coinbase, get a wallet, and purchase with debit/credit card.

coinbase has had super heavy traffic, and has gone down for a minute here and there... but transactions were completed, so, not a big deal...

litecoin, ethereum, bitcoin cash, and dogecoin have been fun to watch this week. you can collect free satoshi and litoshi through coinpot.co (auto-deposit through moonbitco.in, moonliteco.in, moondash.co.in, and moondoge.co.in). make sure your antivirus is UTD, the mining sites are full of nasty shit...
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So over the last 6 months, i have been intrigued by crypto currency, i began trading on IG, but i found that i recorded quite a lot of losses, but also if i held my equity in there i would have to pay huge holding fees. So i came across this platform that trades for you called USI-Tech for people that do not know what it is, this video explains it
. For anyone who fancies it you can sign up from the video also, you can start from £40



So 3 months on i started with 20 packages which is roughly about 800, currently i am sitting on 110 packs which is roughly around 4,400 worth. In the group for USI-Tech i see that people are making some serious cash out of it and in fact some millionaires. What do you think, if Bitcoin goes to 20,000 + as predicted it really could be life changing as with USI you earn 140% in 140 working days therefore you benefit for the appreciation of the Bitcoin but also the extra 140% plus each pack you receive an ice to their crypto currency which will at least trade at $10 per coin, i currently have 30 tokens . Is a win win right because if i am holding it i may as well make a little bit more on the side also, for anyone that wants to have a look




what does everyone think, should i sell now or wait and see how it does
 
kaka420

kaka420

Well-Known Member
usi tech is multi level marketing.
you may be making money but is this an crypto asset you really want to hold?
people turn to crypto to avoid garbage like usi tech.
a family member bought me a package. I made them sell it after I saw what it was.
 
CoB_nUt

CoB_nUt

Well-Known Member
Damn,read the whole thread....seemed like it was picking up steam..then sputtered out. Interested.
 
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redivider

Well-Known Member
Hong Kong (CNN Business)The death of a Canadian entrepreneur has left a huge stash of cryptocurrencies locked off from the people who own them.

Quadriga, Canada's biggest cryptocurrency exchange, said it's unable to gain access to $145 million of bitcoin and other digital assets after Gerald Cotten, its 30-year old CEO and co-founder, died of complications arising from Crohn's Disease while traveling in India.
Manyof the digital currencies held by Quadriga arestored offline in accounts known as "cold wallets," a way of protecting them from hackers. Cotten is the only person with access to the wallets, according to the company.


https://edition.cnn.com/2019/02/05/tech/quadriga-gerald-cotten-cryptocurrency/index.html


Whatever you do - make sure you have a back-up plan just in case your Chron's disease suffering password holder decides to travel to India......
 
Observe & Report

Observe & Report

Well-Known Member
Bitcoin supports "multisig;" you can setup your cold wallet with M keys so N of M signatures are required to transfer BTC. The above is just bad corporate governance.
 
R

redivider

Well-Known Member
Observe & Report said:
Bitcoin supports "multisig;" you can setup your cold wallet with M keys so N of M signatures are required to transfer BTC. The above is just bad corporate governance.
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You're right - the risk of a password holder dying and not being able to access hundreds of millions of potential funds is unique to crypto currency.

The fact a board of directors would allow the entirety of the business portfolio rest on the hands of a single individual is quite baffling. in my old company they wouldn't let the corporate officers fly commercial, they wouldn't let them fly on the same flight, and they couldn't even travel on the same day.... that's how seriously the insurance companies took the risk...

I wonder if any of this was disclosed to the people using the service, and if it wasn't, is there exposure to negligence claims on behalf of the clients.

I can't get over the fact this guy was so full of himself he thought he could fly to a place like India with a chronic gastrointestinal disease and walk out of there.... no motherfucker... that's not happening.... do it via skype... the instagram shots aren't worth it....
 
RealGeezalio93

RealGeezalio93

Member
davethepothead said:
Bitcoin is traceable. But you can make it harder and more difficult to trace.

Mining them...good luck on wasting your time lol.

There are a number of places to get them. There are apps where you can find people locally who will sell them to you or you can use a online exchange like coinbase.com

Either way I'd recommend getting in now for the future. Its actually quite popular and with the way our society is technologically I believe this will be a major currency.

Invest in BTC now and invest in marijuana stocks.
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i noticed you said this 2 year ago, and now bitcion is over $10,000


did you inverst in BTC in 2017??
 
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