Bitcoin

Page 7 of Obviously Ive heard of Bitcoin for a while now. However after watching a really good documentary on it on Netflix, Im left with more questions than bef... 116 comments | 4840 Views | Go to page 1 →

  1. #91
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    Bitcoin exchange goes bust after hack - Dec. 2, 217

    A bitcoin exchange in South Korea has gone out of business after being hacked, highlighting the perils of trying to cash in on this year's stunning boom in digital currencies.
    Seoul-based Youbit said it was filing for bankruptcy after cyber-thieves stole nearly a fifth of its clients' holdings in an attack Tuesday.

    It's the second time this year that Youbit, which allows customers to trade bitcoin and other digital currencies, has been hit by hackers.

    In April, thieves made off with 38 billion won ($35 million) in digital currencies. The company didn't say how much was taken in the latest heist or how exactly it happened
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  2. #92

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    These perils are all part of the gig with Bitcoin at this juncture. People need to recognize that as they invest.

  3. #93

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    Quote Originally Posted by UKMustangFan View Post
    Oh boy....Coinbase is being accused of insider trading. That can't be good.

    Coinbase Under Fire for Alleged Insider Trading
    Insider trading happens a lot more than people would like to believe, in all markets not just cryptocurrencies. Since Coinbase opened trading today at noon, bitcoin cash has actually been on a sharp decline, it's down about $1k since noon. There could be many reason's for that, including insider trading. However most people that "inherit" BCH once an exchange gives them their 1:1 ratio payment for owning BTC end up selling most of it off, so that is possibly what is happening as well.

  4. #94

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    Now down 40 percent from its all-time high on Sunday. Under $11,000 now.

    Adding to the confusion, Coinbase said a little after 11 a.m. New York time that buying and selling was temporarily disabled.

  5. #95
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    Quote Originally Posted by camelman View Post
    Now down 40 percent from its all-time high on Sunday. Under $11,000 now.

    Adding to the confusion, Coinbase said a little after 11 a.m. New York time that buying and selling was temporarily disabled.
    It's up 60% over the last month and people are still freaking out about this. Did everyone think it would double every 45 days?

  6. #96
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    Name:  DB2B8D29-1E3D-48EE-A444-E2CC9A030D51.jpeg
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    This was from the other day so the prices are a little off but the point remains.

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    Quote Originally Posted by HammerTime View Post
    Name:  DB2B8D29-1E3D-48EE-A444-E2CC9A030D51.jpeg
Views: 144
Size:  124.8 KB

    This was from the other day so the prices are a little off but the point remains.
    I traded all my litecoin for ripple 3 days ago when it was 70 cents a pop. Even today when everything is down it’s up over $1

  8. #98
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    How can i buy Ripple?

  9. #99
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    Quote Originally Posted by Bench View Post
    I traded all my litecoin for ripple 3 days ago when it was 70 cents a pop. Even today when everything is down it’s up over $1
    What timing, well done. What other Alts do you like?


    P.S. Everything has rebounded nicely already.

  10. #100
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    Quote Originally Posted by halfback20 View Post
    How can i buy Ripple?
    Binance...

    I have a referral link, I'm not sure what I get out of it though.

    https://www.binance.com/?ref=12522811

    My Referral ID: 12522811

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    Quote Originally Posted by HammerTime View Post
    What timing, well done. What other Alts do you like?


    P.S. Everything has rebounded nicely already.
    I like Moreno. I don’t own a ton though. I’m back in the litecoin game after yesterday. Bought in as soon as it dipped below 200. I think it gets to 1000 at some point. I’ll sell then.

    Ripple is the one I love. I am most invested in Ripple. Have about 2500 Ripple now. Bought 3/4 of that at 70 cents. The rest just under a dollar.

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    Quote Originally Posted by HammerTime View Post
    Binance...

    I have a referral link, I'm not sure what I get out of it though.

    https://www.binance.com/?ref=12522811

    My Referral ID: 12522811
    I don’t think you get anything but they get half off trades. .5% instead of 1%.

  13. #103
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    Quote Originally Posted by HammerTime View Post
    I got one the other day at $95. I was close to buying 10 and passed. Idiot!!!!
    A friend of my cousin who lives in NYC invested $100,000 in Light coin back in November. Its worth $250,000 now. He said he believes it will continue to go up and his goal is to make $1M then pull.

  14. #104

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    Quote Originally Posted by Qryche11 View Post
    A friend of my cousin who lives in NYC invested $100,000 in Light coin back in November. Its worth $250,000 now. He said he believes it will continue to go up and his goal is to make $1M then pull.
    Litecoins max value in November was $85. It’s hovering right around $300 now. I think he will easily get to a million.

  15. #105
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    Quote Originally Posted by Bench View Post
    I traded all my litecoin for ripple 3 days ago when it was 70 cents a pop. Even today when everything is down itís up over $1
    Well done. On the day bitcoin dropped, 97 of the top 100 coins dropped in value. I believe Ripple was one of the 3 coins that didn't drop.

    Question - why do you like Ripple? Were you just timing the hot buy or is there something Ripple has that actually makes it a better product than other coins for the long haul?

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