Bitcoin and Crypto

@kazoo-kid said in [Bitcoin](/post/1377530) said:
@merlot said in [Bitcoin](/post/1377529) said:
@kazoo-kid said in [Bitcoin](/post/1377364) said:
how do you buy bitcoin

tougher job keeping it safe

Yeah I heard this is an issue. A streamer I watch sometimes was talking about how he had all of his dogecoin hacked.

bitcoin was 1st spoken about in the early 90's,its not new
 
@dyloh said in [Bitcoin](/post/1377365) said:
@kazoo-kid said in [Bitcoin](/post/1377364) said:
how do you buy bitcoin

Cex or Dex like Binance, Coinbase or Coinspot.

Im using coinspot also.

Was monitoring a few sites simultaneously and the prices were a little different.

More Investigation to follow....
 
@avocadoontoast said in [Bitcoin amd Crypto](/post/1379425) said:
@finnzo said in [Bitcoin amd Crypto](/post/1379423) said:
@spartan117 said in [Bitcoin amd Crypto](/post/1379421) said:
Any recommendations??

I highly recommend

Xrp
Etheruem
Thorchain

Big fan of eth and thorchain

Yeah same and xrp is looking more and more likely there going to win the court case with the sec
 
@finnzo said in [Bitcoin amd Crypto](/post/1379428) said:
@avocadoontoast said in [Bitcoin amd Crypto](/post/1379425) said:
@finnzo said in [Bitcoin amd Crypto](/post/1379423) said:
@spartan117 said in [Bitcoin amd Crypto](/post/1379421) said:
Any recommendations??

I highly recommend

Xrp
Etheruem
Thorchain

Big fan of eth and thorchain

Yeah same and xrp is looking more and more likely there going to win the court case with the sec

I’m not a huge fan of ripple personally. I think the guys that run it are a bit dodgy. And not truly decentralised. Just my opinion.
 
From a reddit user, cleaned up for the forum. Thought it was interesting.

What the US dollar looks like from a crypto's perspective

* 27 trillion in circulation
* unlimited supply cap
* only 1 node
* 1% of holders own 30%
* 25% supply minted in the last 6 months
* 28 million notes printed every day
* loses approx. 3% of value every year
* in a bear market since it’s inception
 
@spartan117 said in [Bitcoin amd Crypto](/post/1379518) said:
Long-term i was recomended / dabbling in

Cardano
Stellar
Ambrosus

Thoughts.??

Not sure but bitcoin is a safe bet. It's at a real low atm cos Elon is pumping dodgecoin so he can buy it at the low.
 
@spartan117 said in [Bitcoin amd Crypto](/post/1379518) said:
Long-term i was recomended / dabbling in

Cardano
Stellar
Ambrosus

Thoughts.??

Cardano and Ambrosus are technically competing blockchains and neither of them are the leaders in that space. As far as I know, no one is even building anything on Cardano let alone Ambrosus.

If ya don't wanna get really in depth with it and read a few whitepapers here or there just DCA into BTC and ETH an come back in 4 years.
 
@dyloh said in [Bitcoin amd Crypto](/post/1379549) said:
@spartan117 said in [Bitcoin amd Crypto](/post/1379518) said:
Long-term i was recomended / dabbling in

Cardano
Stellar
Ambrosus

Thoughts.??

Cardano and Ambrosus are technically competing blockchains and neither of them are the leaders in that space. As far as I know, no one is even building anything on Cardano let alone Ambrosus.

If ya don't wanna get really in depth with it and read a few whitepapers here or there just DCA into BTC and ETH an come back in 4 years.

Is there a repository or trusted source of objective info re the technical / business goals of Crypto?

I guess I making what are the best sources of info?
 
Crypto has its place, and I have dabbled with it over the years and at a philosophical level I like the idea of it.
But, if you are looking to build up your wealth over time rather than hoping to get rich quick, setting aside a little bit of your pay each week to invest in businesses that you know and understand is I think far preferable to buying crypto.
 
@spartan117 said in [Bitcoin amd Crypto](/post/1379565) said:
@dyloh said in [Bitcoin amd Crypto](/post/1379549) said:
@spartan117 said in [Bitcoin amd Crypto](/post/1379518) said:
Long-term i was recomended / dabbling in

Cardano
Stellar
Ambrosus

Thoughts.??

Cardano and Ambrosus are technically competing blockchains and neither of them are the leaders in that space. As far as I know, no one is even building anything on Cardano let alone Ambrosus.

If ya don't wanna get really in depth with it and read a few whitepapers here or there just DCA into BTC and ETH an come back in 4 years.

Is there a repository or trusted source of objective info re the technical / business goals of Crypto?

I guess I making what are the best sources of info?

Unfortunately I think it might be twitter my brother.
I personally read the whitepaper then do a cashtag check on Twitter and see who's shilling it and the quality of information in their posts.
 
@tilllindemann said in [Bitcoin amd Crypto](/post/1379567) said:
Crypto has its place, and I have dabbled with it over the years and at a philosophical level I like the idea of it.
But, if you are looking to build up your wealth over time rather than hoping to get rich quick, setting aside a little bit of your pay each week to invest in businesses that you know and understand is I think far preferable to buying crypto.

Have you read “The Fourth Turning” by Neil Howe and Willy Strauss before? Or even Klauss Shcwabs “The Fourth Industrial Revolution?
 
@dyloh said in [Bitcoin amd Crypto](/post/1379572) said:
@tilllindemann said in [Bitcoin amd Crypto](/post/1379567) said:
Crypto has its place, and I have dabbled with it over the years and at a philosophical level I like the idea of it.
But, if you are looking to build up your wealth over time rather than hoping to get rich quick, setting aside a little bit of your pay each week to invest in businesses that you know and understand is I think far preferable to buying crypto.

Have you read “The Fourth Turning” by Neil Howe and Willy Strauss before? Or even Klauss Shcwabs “The Fourth Industrial Revolution?

Haven't read The Fourth Turning, though vaguely familar with it. More familiar with the latter and I tend to agree with it - though I think there's a sort of competitive tension between the latter and certain societal and physical (environmental) constraints, but this is not the thread to expand on my argument. But I think on the back of this 'fourth industrial revolution' an individual looking to make money is better placed to invest in companies in the quantum computing/ AI/autonomous/drone/robotics/industrial bla bla fields rather than buy a cryptocurrency and hope it continues to go up in value.
This is not an anti-crypto argument, crypto has its place, a growing place. But when every man and his dog is jumping into something thinking it will continue to go up in value exponentially, it rarely ends well, it's a pretty common behavioural approach in history.
 
@tilllindemann said in [Bitcoin amd Crypto](/post/1379582) said:
@dyloh said in [Bitcoin amd Crypto](/post/1379572) said:
@tilllindemann said in [Bitcoin amd Crypto](/post/1379567) said:
Crypto has its place, and I have dabbled with it over the years and at a philosophical level I like the idea of it.
But, if you are looking to build up your wealth over time rather than hoping to get rich quick, setting aside a little bit of your pay each week to invest in businesses that you know and understand is I think far preferable to buying crypto.

Have you read “The Fourth Turning” by Neil Howe and Willy Strauss before? Or even Klauss Shcwabs “The Fourth Industrial Revolution?

Haven't read The Fourth Turning, though vaguely familar with it. More familiar with the latter and I tend to agree with it - though I think there's a sort of competitive tension between the latter and certain societal and physical (environmental) constraints, but this is not the thread to expand on my argument. But I think on the back of this 'fourth industrial revolution' an individual looking to make money is better placed to invest in companies in the quantum computing/ AI/autonomous/drone/robotics/industrial bla bla fields rather than buy a cryptocurrency and hope it continues to go up in value.
This is not an anti-crypto argument, crypto has its place, a growing place. But when every man and his dog is jumping into something thinking it will continue to go up in value exponentially, it rarely ends well, it's a pretty common behavioural approach in history.

The thing with AI and robotics is it will be dangerous in the hands of a single entity so in a way we need cryptocurrency for the decentralisation of it. I'm not out to make quick money with cryptocurrencies, I just see no way forward without decentralisation and am just using it as a hedge in case we do end up with a permanent stimulus or UBI economy.
 
@dyloh said in [Bitcoin amd Crypto](/post/1379590) said:
@tilllindemann said in [Bitcoin amd Crypto](/post/1379582) said:
@dyloh said in [Bitcoin amd Crypto](/post/1379572) said:
@tilllindemann said in [Bitcoin amd Crypto](/post/1379567) said:
Crypto has its place, and I have dabbled with it over the years and at a philosophical level I like the idea of it.
But, if you are looking to build up your wealth over time rather than hoping to get rich quick, setting aside a little bit of your pay each week to invest in businesses that you know and understand is I think far preferable to buying crypto.

Have you read “The Fourth Turning” by Neil Howe and Willy Strauss before? Or even Klauss Shcwabs “The Fourth Industrial Revolution?

Haven't read The Fourth Turning, though vaguely familar with it. More familiar with the latter and I tend to agree with it - though I think there's a sort of competitive tension between the latter and certain societal and physical (environmental) constraints, but this is not the thread to expand on my argument. But I think on the back of this 'fourth industrial revolution' an individual looking to make money is better placed to invest in companies in the quantum computing/ AI/autonomous/drone/robotics/industrial bla bla fields rather than buy a cryptocurrency and hope it continues to go up in value.
This is not an anti-crypto argument, crypto has its place, a growing place. But when every man and his dog is jumping into something thinking it will continue to go up in value exponentially, it rarely ends well, it's a pretty common behavioural approach in history.

The thing with AI and robotics is it will be dangerous in the hands of a single entity so in a way we need cryptocurrency for the decentralisation of it. I'm not out to make quick money with cryptocurrencies, I just see no way forward without decentralisation and am just using it as a hedge in case we do end up with a permanent stimulus or UBI economy.

Good on you mate, you know your stuff. While regarding your final sentence I personally lean towards precious metals, there's plenty of room for both and I can't disagree with anything you've said.
 
@tilllindemann said in [Bitcoin amd Crypto](/post/1379593) said:
@dyloh said in [Bitcoin amd Crypto](/post/1379590) said:
@tilllindemann said in [Bitcoin amd Crypto](/post/1379582) said:
@dyloh said in [Bitcoin amd Crypto](/post/1379572) said:
@tilllindemann said in [Bitcoin amd Crypto](/post/1379567) said:
Crypto has its place, and I have dabbled with it over the years and at a philosophical level I like the idea of it.
But, if you are looking to build up your wealth over time rather than hoping to get rich quick, setting aside a little bit of your pay each week to invest in businesses that you know and understand is I think far preferable to buying crypto.

Have you read “The Fourth Turning” by Neil Howe and Willy Strauss before? Or even Klauss Shcwabs “The Fourth Industrial Revolution?

Haven't read The Fourth Turning, though vaguely familar with it. More familiar with the latter and I tend to agree with it - though I think there's a sort of competitive tension between the latter and certain societal and physical (environmental) constraints, but this is not the thread to expand on my argument. But I think on the back of this 'fourth industrial revolution' an individual looking to make money is better placed to invest in companies in the quantum computing/ AI/autonomous/drone/robotics/industrial bla bla fields rather than buy a cryptocurrency and hope it continues to go up in value.
This is not an anti-crypto argument, crypto has its place, a growing place. But when every man and his dog is jumping into something thinking it will continue to go up in value exponentially, it rarely ends well, it's a pretty common behavioural approach in history.

The thing with AI and robotics is it will be dangerous in the hands of a single entity so in a way we need cryptocurrency for the decentralisation of it. I'm not out to make quick money with cryptocurrencies, I just see no way forward without decentralisation and am just using it as a hedge in case we do end up with a permanent stimulus or UBI economy.

Good on you mate, you know your stuff. While regarding your final sentence I personally lean towards precious metals, there's plenty of room for both and I can't disagree with anything you've said.

I totally agree with ya, literally was having a bit of a gander last night on the best place to buy physical silver. That's definitely on the cards.
 
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