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Thread: Anyone Into Digital Currency?

  1. #121
    Shelter Dweller PorkChopSandwiches's Avatar
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    Yeah that was crazy, that's what I use to mine. But, I take my payouts weekly to my own wallet. I only lost about $100, a lot of people just stored their coins there like fools






  2. #122
    Take Box B DemonGeminiX's Avatar
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    Somebody needs to come up with better passwords over there.


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    Music was better when ugly people were allowed to make it.

  3. #123
    Shelter Dweller PorkChopSandwiches's Avatar
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    Yeah, I bet we find out it was someone on the inside, they transfered 60+ million from an internal storage wallet to another wallet in one pass.






  4. #124
    21-Jazz hands salute Muddy's Avatar
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    'Backed by the full faith of Legmann'

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  6. #125
    Basement Dweller Godfather's Avatar
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    Quote Originally Posted by DemonGeminiX View Post
    And oddly enough, there's a bunch of alternative currency related stocks that have appeared on the NASDAQ. I've been checking out RIOT, which is a stock centered around the Riot blockchain. It fluctuates between $13.50 and $15+ per share, which makes it a prime candidate for day/swing trading. If you have $25K-$30K and you don't mind gambling a bit, you could probably make some money off of it.
    I'm skeptical about most publicly trade companies that throw 'Crypto' into their name. I have two separate friends who are big stock brokers and have taken companies public or overseen name changes to 'crypto' or 'bitcoin' related names just to watch the share prices skyrocket What actual value or relationship to crytpo these companies have is dubious.


    But then again I'm skeptical of most crypto currencies except for a couple too... so pick your poison

  7. #126
    Take Box B DemonGeminiX's Avatar
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  8. #127
    weapon of mass consumption redred's Avatar
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    Bitcoin mining consumes more electricity a year than Ireland

    https://www.theguardian.com/technolo...ricity-ireland


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  10. #128
    Shelter Dweller PorkChopSandwiches's Avatar
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    Which is why so many miners ar in China, the electricity is free






  11. #129
    Take Box B DemonGeminiX's Avatar
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    That riot blockchain stock is up $5.


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  12. #130
    Shelter Dweller PorkChopSandwiches's Avatar
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    Did you buy some?






  13. #131
    Shelter Dweller PorkChopSandwiches's Avatar
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  14. #132
    transracial Hal-9000's Avatar
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    Quote Originally Posted by DemonGeminiX View Post
    Bitcoin has a dollar value. The dollar value fluctuates like stocks do. You can "sell" your bitcoin(s) like you sell your stocks, you just have to do it on an cryptocurrency trading platform, like Coinbase. It's just like stock trading or like exchanging currencies when you're traveling abroad.

    Alt-currencies are useful on the Darknet, if you're into that sort of thing... except legit businesses are looking into bitcoin now, as its decentralized nature seems to make it more secure than most conventional credit schemes used by businesses, which is why its value has skyrocketed. It's about to become more than just an alternative currency.
    Thanks for the explanation. Bitcoin is becoming a predominant plot point in the TV show MR Robot and can't really say any more because of spoilers. Great show..

  15. #133
    transracial Hal-9000's Avatar
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    Quote Originally Posted by Muddy View Post
    What can you buy with bitcoin? I saw where the Steam marketplace (whatever the fuck that is) isn't accepting it as payment any more.
    Steam is a program I have to buy and download PC games. In the old days a person would buy the physical CD or DVD, then install the game from that.

    Steam handles all of the various updates and additional content that most games need over time. It's handy because you buy whatever amount of games, install and play. Then if you wipe Windows or start fresh on another PC, all of your Steam purchases are right there and you can reinstall anything you've previously bought, any amount of times.

  16. #134
    Shelter Dweller PorkChopSandwiches's Avatar
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    Litecoin is up 493% this month I bought it @ 61.59 and now it's @ 350.55






  17. #135
    Take Box B DemonGeminiX's Avatar
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    This looks an awful lot like a bubble.


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