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jetspot (OP)
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March 27, 2014, 07:55:17 PM
 #1

I'm still kind of new to this Bitcoin business, so I have a question. Is a person able to buy Bitcoins from someone else, then turn around and sell them to yet another person?
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Lethn
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March 27, 2014, 08:14:12 PM
 #2

You can make offers here or go onto an exchange, be sure to do your research on who you deal with.
BitCoinDream
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March 27, 2014, 08:19:29 PM
 #3

I'm still kind of new to this Bitcoin business, so I have a question. Is a person able to buy Bitcoins from someone else, then turn around and sell them to yet another person?

Rather this is a very good time to buy. By coming september bitcoin will touch 1000 USD again Smiley

ning
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March 28, 2014, 11:28:11 AM
 #4

I'm still kind of new to this Bitcoin business, so I have a question. Is a person able to buy Bitcoins from someone else, then turn around and sell them to yet another person?

Rather this is a very good time to buy. By coming september bitcoin will touch 1000 USD again Smiley

We never know for sure until the day comes. Market behavior is hardly predictable.
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March 28, 2014, 11:55:37 AM
 #5

I'm still kind of new to this Bitcoin business, so I have a question. Is a person able to buy Bitcoins from someone else, then turn around and sell them to yet another person?

yes you can trade them in an exchange just like trading stocks and commodities.

i think ripple might interest you, it's more than just a 'coin', it's a complete payment system with an exchange built in.  you can trade both fiat currency and cryptos in ripple.

anyway, to learn more about it, read here:  http://coinjoint.info/ripple-might-want-pay-attention/ and there are intros and guides here:  https://xrptalk.org/forum/61-faq-and-guides/

there is a charting website as well for traders:  http://www.ripplecharts.com/#/

you can also 'mine' xrp (currency in ripple) via computing for good:  https://www.computingforgood.org/

R


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LLBIT|
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TookDk
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March 28, 2014, 12:01:11 PM
 #6

I'm still kind of new to this Bitcoin business, so I have a question. Is a person able to buy Bitcoins from someone else, then turn around and sell them to yet another person?

yes you can trade them in an exchange just like trading stocks and commodities.

i think ripple might interest you, it's more than just a 'coin', it's a complete payment system with an exchange built in.  you can trade both fiat currency and cryptos in ripple.

anyway, to learn more about it, read here:  http://coinjoint.info/ripple-might-want-pay-attention/ and there are intros and guides here:  https://xrptalk.org/forum/61-faq-and-guides/

there is a charting website as well for traders:  http://www.ripplecharts.com/#/

you can also 'mine' xrp (currency in ripple) via computing for good:  https://www.computingforgood.org/

Are you on the ripple dev team or just an ripple investor? Cheers Smiley

Cryptography is one of the few things you can truly trust.
Flashman
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March 28, 2014, 12:18:28 PM
 #7

I'm thinking of ripple as the "Apple" of cryptocurrency... i.e. there's nothing you can't sell to the technologically unsophisticated if you market the bejasus out of it...


If you want to do "in person" purchase of bitcoin, try out localbitcoins.com


TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

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tokeweed
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March 28, 2014, 12:29:40 PM
 #8

I'm still kind of new to this Bitcoin business, so I have a question. Is a person able to buy Bitcoins from someone else, then turn around and sell them to yet another person?

yes you can trade them in an exchange just like trading stocks and commodities.

i think ripple might interest you, it's more than just a 'coin', it's a complete payment system with an exchange built in.  you can trade both fiat currency and cryptos in ripple.

anyway, to learn more about it, read here:  http://coinjoint.info/ripple-might-want-pay-attention/ and there are intros and guides here:  https://xrptalk.org/forum/61-faq-and-guides/

there is a charting website as well for traders:  http://www.ripplecharts.com/#/

you can also 'mine' xrp (currency in ripple) via computing for good:  https://www.computingforgood.org/

Are you on the ripple dev team or just an ripple investor? Cheers Smiley

i trade altcoins as a hobby. then i discovered ripple, read up on it, and i was really impressed. i wish some of the altcoins i trade was available in ripple.

i recommend that you give it a chance and do a little research on it.

R


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LLBIT|
4,000+ GAMES
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TookDk
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March 28, 2014, 01:00:52 PM
 #9

i trade altcoins as a hobby. then i discovered ripple, read up on it, and i was really impressed. i wish some of the altcoins i trade was available in ripple.

i recommend that you give it a chance and do a little research on it.

Allright, i will tokeweed. I have previously hold: PPC, LTC, DOGE and BC.

Right now I have a small amount of alt coins left (DOGE).
Else is everything converted into BTC.  

My biggest concern is the exchange! I don't trust any of the exchange right now. So only alternative is private trading with escrow.

Cryptography is one of the few things you can truly trust.
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April 23, 2014, 05:24:24 PM
 #10

 All of those change constantly though. Quark is constantly getting harder to mine so the faster the better. Well just from bitcoin faucets and trading to Quark a little over $80.
That would be something you would buy and sell quickly after the price raise. It was only up due to excitement, nothing

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April 23, 2014, 05:49:42 PM
 #11

All of those change constantly though. Quark is constantly getting harder to mine so the faster the better. Well just from bitcoin faucets and trading to Quark a little over $80.
That would be something you would buy and sell quickly after the price raise. It was only up due to excitement, nothing


How high do you expect Quark to reach?  Huh

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April 24, 2014, 12:14:22 PM
 #12

I'm still kind of new to this Bitcoin business, so I have a question. Is a person able to buy Bitcoins from someone else, then turn around and sell them to yet another person?
yes a lot of traders do that

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