Anyone Into Digital Currency?

[Teh One Who Knocks]

You can buy bitcoin with paypal, transfer it to your exodus wallet and from there turn the BTC into almost any coin you want. Then you dont need to deal with coinbase. That is if you have paypal.

Exodus wallet?

[PorkChopSandwiches]

Yeah, you dont want to keep your crypto on coinbase or paypal, if you do it is in their "wallet" you want to keep crypto in your wallet. If you only have a small amount, the transfer fess may not be worth moving, so you can leave it for a awhile until it makes sense to transfer

They have an app for PC and mobile, and they allow you to exchange one crypto for another that they support, and they support a lot. Its a small fee to trade, but that how I get all the different ones I have. I'll deposit on coinbase for LTC (has the lower transfer fees) Then transfer teh LTC to my exodus wallet, and then trade that for whatever coin I'm looking for.

https://www.exodus.com/

[Godfather]

Can't recommend that enough. There have been way too many crypto exchanges hacked or that were complete scams.

QuadrigaCX up here burned me for a few hundred dollars when it crumbled because the founder 'died' mysteriously in India in his 30's. It seemed like a perfectly legit Vancouver based exchange, but when the founder died, the initial story was that he was the only one in the company to have access to the keys... it later turned out the whole thing was a ponzi scheme. They should make a movie about it, people want his body exhumed and I still get emails frequently about the lawsuits

Thankfully I only used it for small transactions because it was an easy place to transfer through to get crypto into Canadian cash and into my bank for a brief time. Some people just held their crypto there and lost tens of thousands. That's why they say in crpyto: if you don't hold your keys, you don't own the crypto.

[DemonGeminiX]

Okay, so I tried to set up a Coinbase account and I can get all the way to adding my bank account. I put in the routing number and account number...and it tells me it's wrong.

Does your bank support cryptocurrencies? I know there are a few that won't allow purchases through exchanges.

[Teh One Who Knocks]

Does your bank support cryptocurrencies? I know there are a few that won't allow purchases through exchanges.

This time they offered me a different option. I tried the automatic way to confirm my account again and it failed twice more, but after the 2nd time, they offered to do it manually where they will make 2 small deposits into my account and then when that happens I go and confirm what the amounts were and then they will be able to confirm my bank account. So I just have to wait a few days more now.

[PorkChopSandwiches]

[PorkChopSandwiches]

ETH is on a tear, I bought another one yesterday

[DemonGeminiX]

Doge is currently 54 cents per coin.

[PorkChopSandwiches]

I know, its fucking embarrassing Take the ride if you want to, its possible to double your money with all the NEWBS buying it without knowing anything about it. Just keep an eye on it and bounce out before it fully tanks. Last time it started tanking it was untradeable so you were forced to sit on it At least in the exodus wallet.

[PorkChopSandwiches]

Ethereum’s 27-Year-Old Creator Is Now the World’s Youngest Crypto Billionaire



Cryptocurrencies had another wild weekend with several popular tokens soaring to new record highs on Monday. Ether, the digital currency widely used in the booming trade of non-fungible tokens (NFTs) in recent months, surged past $3,200 on Monday, making its creator, the Russian-Canadian programmer Vitalik Buterin, a billionaire.

As of Monday, Buterin’s public Ether address—which he said in 2018 is his main crypto wallet—holds about 333,500 Ether worth $1.029 billion. The self-described NFT collector Justin Trimble said on Twitter Buterin, 27, is now the world’s youngest crypto billionaire.

Buterin is hailed as one of the founding members of the cryptocurrencies and other blockchain applications we’ve come to know today. Buterin first proposed the design of the Ethereum platform in a white paper in 2013 at the age of 19, aiming to create a general scripting language to develop blockchain-based applications. Development for the first Ethereum network was crowdfunded in 2014, and the first version went live in 2015 with an initial supply of 72 million Ether coins, the native cryptocurrency of the platform.

Today, Ethereum is the most actively used blockchain. And Ether is the second largest cryptocurrency after Bitcoin by market value. Both cryptocurrencies have seen astronomical surges in 2020 and 2021 so far as the mainstream finance world, including institutional investors, embrace crypto as a legitimate asset.

Year to date, Ether has more than quadrupled in dollar value. It now has a market capitalization of $364 billion, exceeding that of Bank of America, the second largest bank in the U.S.

Last week, Buterin donated 100 Ether and 100 Maker tokens, worth over $600,000, to a COVID-19 relief fund for India.

[PorkChopSandwiches]

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[DemonGeminiX]

I know, its fucking embarrassing Take the ride if you want to, its possible to double your money with all the NEWBS buying it without knowing anything about it. Just keep an eye on it and bounce out before it fully tanks. Last time it started tanking it was untradeable so you were forced to sit on it At least in the exodus wallet.

I don't get why you think it's embarrassing. Bitcoin started low, so did Ethereum and Litecoin. Doge has a lot of fans, and big fans too. It had to start somewhere. I have a bunch of Doge, and I didn't pay a single penny for them. I got it all through faucets, so yeah I'm gonna ride and I'm gonna hold until Doge is either nonexistent, or I'm a multimillionaire.

[PorkChopSandwiches]

LOL, it was made as a joke, the network is unavailable constantly. Its getting all this hype, just dont be stuck holding the bag when one of the whales dumps and they entire thing is back to less then a penny. But, you got it free, so who cares. When it hit .40 last time I tried to get out and couldn't until after it was down to like .35

[Godfather]

Doge over $0.50 baby

When it hits $420.69 USD I'll be rich and will fly you lads up for a piss-up at my new lake house with a boat launch that I'm going to buy

[DemonGeminiX]

Doge is currently .67 per coin.