rdnkjdi
Legendary
Offline
Activity: 1256
Merit: 1009
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October 22, 2014, 02:01:18 AM |
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Investing in Monero right now is like buying Bitcoin in 2010 - No. It's not. Bitcoin was the only one of it's kind. It invented cryptocurrency. Monero is not inventing cryptocurrency for the first time - it's competing on a field of dozens of altcoins & several "anon coins" Here's a FUD thread I created for it. https://bitcointalk.org/index.php?topic=783471.40I agree XMR is the only interesting thing around right now. But to state that it's "like investing in bitcoin in 2010" could just as easily be said for any altcoin. It DOES have it's major pro's - but don't be blind. *Disclaimer. I'm a proud XMR owner & the only alt I care about outside of BTC (& LTC a little)
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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hayabusa911 (OP)
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October 22, 2014, 02:06:30 AM |
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I'm not looking for opinions on a ton of different alts. I have 1k to spend in alt coins and I decided I will either go with Pandacoin or Dogecoin. Please don't tell me to buy BTC as I am a early investor and have all I want. what coin out of these two would you choose. I AM prepared to lose this money so if either of these coins fail it wont bother me and I am planing on holding them for years. Help me gamble guys! Since you already have lots of bitcoin, why not just use some bitcoin and convert it to alt-coin. But anyway darkcoin is the best!! The money I'm investing IS from my BTC stock and I am already invested in darkcoin.
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saddambitcoin
Legendary
Offline
Activity: 1610
Merit: 1004
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October 22, 2014, 02:10:18 AM |
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Investing in Monero right now is like buying Bitcoin in 2010 - No. It's not. Bitcoin was the only one of it's kind. It invented cryptocurrency. Monero is not inventing cryptocurrency for the first time - it's competing on a field of dozens of altcoins & several "anon coins" Here's a FUD thread I created for it. https://bitcointalk.org/index.php?topic=783471.40I agree XMR is the only interesting thing around right now. But to state that it's "like investing in bitcoin in 2010" could just as easily be said for any altcoin. It DOES have it's major pro's - but don't be blind. *Disclaimer. I'm a proud XMR owner & the only alt I care about outside of BTC (& LTC a little) I suppose what I mean by that statement is that the risk involved in buying XMR right now is similar to buying BTC when it was $1. It could very well go to zero but the potential reward in my opinion is much greater than buying any other coin - crypto long term (1-4 years).
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hayabusa911 (OP)
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October 22, 2014, 02:26:47 AM |
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what OS are you working on?
windows 8.1 They do mention stock windows is a pain. i'd walk you through it myself but i've only done it on osx and linux. let me find some help for you though! I found a great youtube tutorial that will walk we through everything. Thanks for being so helpful and Thank you ALL for your suggestions. P.S. This forum needs a "karma" button or Thumbs up button of some sort. This "trust" and status BS is just so commercial! We need more love on this site!!!
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TheDragonSlayer
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October 22, 2014, 02:33:32 AM |
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Buy cannabis coin, seems like the hottest coin right now.
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hayabusa911 (OP)
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October 22, 2014, 02:40:24 AM |
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Buy cannabis coin, seems like the hottest coin right now.
I don't like what it stands for and it will most likely die because people buy drugs with bitcoin,litecoin and most likely dogecoin very soon. I just don't see it being a good investment.
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Kieronbm
Newbie
Offline
Activity: 48
Merit: 0
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October 22, 2014, 02:40:33 AM |
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My (newbie) vote would be Doge. Network effects rule.
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hayabusa911 (OP)
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October 22, 2014, 03:09:51 AM |
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My (newbie) vote would be Doge. Network effects rule.
And that is why I'm going with Dogecoin! The only hesitation I have is the number of them out there. They will most likely never reach the value of BTC but either will litecoin... That being said... Even if they hit $1 in the distant future I will still be able to make a good amount of money.
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Rw13enlib88
Legendary
Offline
Activity: 2142
Merit: 1025
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October 22, 2014, 03:17:09 AM |
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If you want my advise .1btc
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Stake Challenger!
Newbie
Offline
Activity: 45
Merit: 0
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October 22, 2014, 03:31:16 AM |
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I was in your exact position about 3 months ago, I gave myself 6 months to turn $1000 into $2000. My journal is here: https://bitcointalk.org/index.php?topic=683062.0Skip to the last post to see my latest updates. I have nearly doubled my amount in BTC in ~3months from coins that give you a % of interest every week to two weeks. They are called POS coins and you recieve interest by just keeping your wallet open which helps secure the network. Some of the profit was from trading but most of it was from the % interest I received from each coin. I would recommend Hobonickels, Bottlecaps and Hyperstake. I would buy the others at current prices but not hyperstake, get it a bit cheaper as the market is starting to stabilise now. These coins wont get you rich in a week but they have provided consistent safe returns for me so far. Just my 2cents, Goodluck.
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hayabusa911 (OP)
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October 22, 2014, 03:40:43 AM |
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People keep talking shit and deleting before I have a chance to reply... People that have no idea what they are talking about have NO BUSINESS HERE!!! Please redirect your anger towards the uncle/step father that touched you funny and stop shit posting. Thank you and I'm sorry about your loose butt hole. Is anyone else tired of this site and the people posting RIDICULOUS shit??? I love it here but this is (just in the past year) the worst spammy shit site EVER!?! Ilove you guys but I'm just about done. I'm starting my own forum because the mods must be smoking..... Might as well be posting on 4chan.
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1echo
Sr. Member
Offline
Activity: 280
Merit: 250
scams hunter!
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October 22, 2014, 03:43:18 AM |
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EXCL maybe? my sig!
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Rw13enlib88
Legendary
Offline
Activity: 2142
Merit: 1025
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October 22, 2014, 03:43:46 AM |
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I was in your exact position about 3 months ago, I gave myself 6 months to turn $1000 into $2000.
I have nearly doubled my amount in BTC in ~3months
From $1000 to $1000? just kidding. who cares about $?? BTC rules!! keep growing your btc, great job!!
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Rw13enlib88
Legendary
Offline
Activity: 2142
Merit: 1025
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October 22, 2014, 03:48:44 AM |
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People keep talking shit and deleting before I have a chance to reply...
Who? I'm starting my own forum because the mods must be smoking.....
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hayabusa911 (OP)
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October 22, 2014, 04:12:54 AM |
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For the non trolls please pm me because this thread is dead.
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futurebit640
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October 22, 2014, 08:33:31 AM |
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I would recommend doge ,suffice it to say that many traders are in green
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btcxyzzz
Legendary
Offline
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
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October 22, 2014, 09:18:39 AM |
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Don't throw away your money with Panda or Doge, invest in some seriously good stuff like NeosCoin or BitsharesX is.
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BitMos
Full Member
Offline
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
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October 22, 2014, 10:30:44 AM |
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https://bitcointalk.org/index.php?topic=218852.0never forked, per 0.7 btc get 1M fst, total supply 165M, already 80+M out, 12 sec, 4 conf, scrypt made for asics.
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money is faster...
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devphp
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October 22, 2014, 01:08:30 PM |
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Out of those two, of course Dogecoin.
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sadface
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October 22, 2014, 01:27:40 PM |
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none or doge
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