Hey everyone, just wondering what your current investment strategies are in regards to alt coins?  I have been around for a while and have been here for numerous runs and pull backs...I haven't stayed too up to date on all the newest alt coins out there.  It is crazy how quickly I have felt like I have become a dinosaur when it comes to all the different coins and projects that are out there now.  I feel like Defi and a few other major developments have just blown by me.  Trying to get myself back up to speed on what projects/coins seem promising for the future.

Aside from the majors and older coins like BTC, BCH, ETH, LTC, XRP, DASH, Monero, etc...which ones are you all investing/believing in these days?

Are you guys leaning towards coins that have been built on top of Ethereum or ones that are completely separate?  Does that matter to you?  

Just wondering where you all are putting your money these days...besides BTC on the dips of course...

1 Bitcoin already  hit $20,000,000…. In Zimbabwe dollars.

I wouldn’t be surprised if coinbase paid Apple for that #2 ranking on App Store. It’s still good for crypto overall but still

I went back and forth about investing but ultimately decided against it.  Since almost all of their profits are based on fees, I would see them facing more and more competition on that front as time goes on. 

Also since it seems like the price should fluctuate based on the crypto market, it feels better holding the actual crypto instead. 

I definitely still think the Coinbase IPO  marks a really important milestone for crypto as a whole.  It was definitely a good day for Marc Andreeson

Grave digging this old thread since a lot has changed over the past couple of years.  Bitcoin can now be used as assets for down payment or reserves as long as it is converted into USD.   Up until pretty recently, you would have had to sell the bitcoin (or other crypto), and then let the funds sit there in your bank account for at least 60 days before it could be used in correlation with a home loan.   

The USD does not have to be seasoned as long as the owner of crypto account (i.e. Coinbase, etc) can be verified.

I have gotten a lot of questions on this, so I thought I would just provide a brief update. 

But if you’re keeping your money on Coinbase from the sale, then there is no difference between selling into USD vs USDcoin?

I was actually wondering about this too because it used to default to USDcoin when you started a sale, but I believe it now goes to USD

Unfortunately, everyone is a LONG way off from just being able to send in BTC (or any other crypto) directly to an escrow company as the down payment (if you are trying to obtain a loan).   The big jump that we were just able to make was the ability to sell the BTC and use it for down payment funds without having to leave the USD sitting in your bank for 2 monthly statements (which was generally required) for any conventional, FHA, or VA loan.  

I know that sounds like a tiny step, but anyone who has purchased a home in the USA in the past few years can vouch for the typical difficulty of going through the Underwriting process.   

Thanks, I'll look into it.  There have been several people who have sold their home for Bitcoin (and/or other cryptocurrencies), but most if not all of those transactions took place like an "all cash offer"  meaning that they buyer transferred the Bitcoin and then a title company recorded the buyer as the new owner of the property.   It is a little more complicated when trying to use Bitcoin as the down payment to obtain a loan because you need to get the investor to accept Bitcoin being a liquid asset.  We've managed to do it and expect it to become easier and easier as time goes on. 

The main challenge is that there are a lot of anti-money laundering guidelines that we have to be certain we are in compliance of.   

Thanks Nick!  Hoping we can find you a home soon     Feel free to PM me if anyone has any questions.  Sorry for the delayed response back in December, I wasn't active on the forum, but I am back here and will be around to answer any questions or provide any help that I can to fellow Bitcoin users...

Was just able to get another client pre-approved in California to purchase a home with 100% of the down payment coming from Bitcoin.   He should be commenting here on how the process has gone so far.

It is definitely getting easier as time goes on

Things may vary state to state depending on which investors are lending in certain areas, so please don't hesitate to ask any questions.   

I'm just hoping that lightning works as advertised or we get some other scaling solution that works well to allow Bitcoin to continue to be used as a currency.   My only worry about Bitcoin's future is that if it starts to fail as a currency, I think it could lose its attractiveness as a store of value  (and this is coming from a big believer in Bitcoin).

I don't like how everything has gotten so political where in many aspects it's almost an "Us vs. Them" attitude.  I want several crypto-currencies to succeed and I can't stand when people are such haters on other coins (again this is coming from a big Bitcoin supporter).

Hi Everyone, this is just a new 2018 update.

I know this thread has gotten a little old, but it has gotten a lot of interest.   Recently Fannie Mae and Freddie Mac have updated their guidelines to be a little more bitcoin friendly.

I currently have another 2 clients pre-approved that are working towards using Bitcoin for their down payment.   The Main difference now is that we do not have to have the USD sitting in the account for a month after the sale of the BTC.


If we can clearly papertrail the purchase of the Bitcoin, the sale of the Bitcoin (or Bitcoins), and match the corresponding deposit into your bank, the proceeds of the Bitcoin can now be used without having to season the funds.


If you have bought a home recently, or are currently trying to go through the process, you know exactly what I am talking about.   Please feel free to send me a PM.

Sorry I haven't been as active on this forum lately, but I will be frequently checking my PMs, as I have been able to help a few people already

I'm truly hoping that the fees can be brought down again somewhere near where they used to be, and hopefully the network will be able to handle more transactions at the same time as well.

I think bitcoin has become such a great store of value mainly because of it's early success as a currency.  If people stop transacting with it and just hold it altogether...I don't think that is necessarily good for bitcoin long term.

Not trying to spread FUD as I am a long term Bitcoiner...just making an observation

I've believed for several years now that Bitcoin would and will continue to change the financial world.  Although this scaling debate may just end up being a tiny blip in the grand scheme of things.   I do have to admit that I am slightly concerned about the cost of transactions increasing so much and the length of time it takes for a transaction to confirm.

I don't know if I am in the minority here now, but I think that for Bitcoin to continue to be such a great store of value, it has to find a way back to being a way to send money cheaply and quickly as well. 

Good job OP. You were right on the spot

I have been looking for an alternative to DirectBet as well.  Has anyone found anything new?   I am open to starting an account with Nitrogensports, but my main hesitation is to have to hold BTC there.   

I was looking for an alternative where you can bet individual events and get paid out (to your own wallet on individual bets).   I am hesitant to send like 1BTC and be leaving over $4,000 on the site...and then have to process individual withdrawals every time I want to make a withdraw.   Has anyone found anything?

I would like to join if there are any available slots.   Please let me know.  Thanks!

The OP says that the campaign is open, but the spreadsheet appears that it is full.  Does anyone know if it is actually open or if the campaign manager just hasn't had a chance to update the OP to "full"?

Username: Keithers
Post Count: 5014 (including this one)
BTC Address: 168ZKmk3qo6kbiSy5dML1qGNax3LXT6BRG
Position: Legendary

Please confirm if accepted...thanks!

This sounds logical, but from what I have heard from some others, they have had some difficulty when they tried to split their BCH off AFTER they moved the BTC from the original wallet.

No one got back to me on my earlier question ...has anyone imported their blockchain.info wallet into a ledger to get their BCH?