Bitcoin $781.41

[jdubshady]

Helpful information here about security with cryptocurrencies.

http://avc.com/2017/06/getting-hacked-lessons-learned/

One thing is that if you are in this for the gamble speculation, then you will likely continually be at risk as the easiest way to have funds available is to have them on exchanges.

Coinbase is known as being one of the "safest" but it is also vulnerable (see Cody's story). But following the rules of the above post will keep you "safer"

The other major problem with Coinbase is that it is limited to 3 coins (BTC, ETH, and LTC) at the moment. I use Poloniex and Kraken to trade other coins.

Where can i purchase Bitcoin other than coinbase? Thanks!

 

[saint]

Helpful information here about security with cryptocurrencies.

http://avc.com/2017/06/getting-hacked-lessons-learned/

One thing is that if you are in this for the gamble speculation, then you will likely continually be at risk as the easiest way to have funds available is to have them on exchanges.

Coinbase is known as being one of the "safest" but it is also vulnerable (see Cody's story). But following the rules of the above post will keep you "safer"

The other major problem with Coinbase is that it is limited to 3 coins (BTC, ETH, and LTC) at the moment. I use Poloniex and Kraken to trade other coins.

So Dawg you appear to have a pretty good understanding of this. For me personally I'm taking a hold position- I'm not looking to flip like a day trader. I'm in for all-or-nothing- I'm okay with losing it all but in reality I'm in the game for the big hit (7 figs+). If that is the case, am I correct to assume external storage like the link you showed earlier is the best and safest option?

So if I am using poloniex as my exchange, I can then export from poloniex to the external drive?

 

[MadJack]

Each exchange has its own rules as to how many confirmations are necessary to clear a process.

As a general rule, it is more secure to not keep your holdings on any of the exchanges. If you are trading in and out, then this is more difficult due to transfer fees and time. If you are holding any coins for the long term, I recommend getting on hardware.

This is a solid (but not the only) choice for the major currencies: https://www.ledgerwallet.com/products/ledger-nano-s

I see this ledger nano s anywhere from $65 to $250. Why?

 

[MadJack]

I see this ledger nano s anywhere from $65 to $250. Why?

Looks like if I want to wait until a July shipment that is determined by first come first serve I pay $65 or I can pay $119 and have it Wednesday. :SIB

Oh man.

 

[yyz]

Looks like if I want to wait until a July shipment that is determined by first come first serve I pay $65 or I can pay $119 and have it Wednesday. :SIB

Oh man.

I found a photo of the Crypto Exchange in action!

 

[MadJack]

I found a photo of the Crypto Exchange in action!

:mj07::mj07:

 

[saint]

Come on YYZ you will plunk a few hundy down on a computer board video poker slot. Come join the fun :0074

 

[yyz]

Come on YYZ you will plunk a few hundy down on a computer board video poker slot. Come join the fun :0074

Not a chance.

I hope you guys all become rich, but I can't believe that Dave DelDotto isn't behind this.

 

[T]

Not a chance.

I hope you guys all become rich, but I can't believe that Dave DelDotto isn't behind this.

Thats what I said about bitcoin when it was $5. :scared

 

[Sportsaholic]

Thats what I said about bitcoin when it was $5. :scared

Has anyone here cashed in any of these Bitcoins for actual cash..........:shrug:

 

[MadJack]

Has anyone here cashed in any of these Bitcoins for actual cash..........:shrug:

:lol:

 

[yyz]

Thats what I said about bitcoin when it was $5. :scared

Yeah.....you and Hammer.

 

[Lucy]

Has anyone here cashed in any of these Bitcoins for actual cash..........:shrug:

I have not cash but have for 1 ounce gold coins with jmbullion. I used to buy one every time coin base acct went up $1,200. But have not since bitcoin price hit $2,000. Probably buy some more gold when btc $2,800 but really see btc $5,000 easy this year. But will get gold for a hedge

 

[Woodson]

Unfortunately yes but in 2015 and it was for a home down payment. Could have paid less but learned the value of disciplined holding in a down market.

 

[MadJack]

BTC $2905

opcorn2

 

[Lucy]

BTC $2905

opcorn2

Never mind on buying more gold at $2,800 it blow right through that to $2,900+. With my original investment in BTC I will be getting gold for around $70 an ounce:scared

 

[Woodson]

expect 3k this week followed by a fast retrace 2100 and alt coins explosion, then a heavy lift to 5k by August 1st.

 

[Woodson]

expect 3k this week followed by a fast retrace 2100 and alt coins explosion, then a heavy lift to 5k by August 1st.

 

[Trampled Underfoot]

Picked up some DGB.

 

[Terryray]

"Nevada has become the first state to ban local governments from taxing blockchain use."

the pent-up demand for bitcoin and alt currencies across the African continent is discussed here.

The Monetary Authority of Singapore tested a tokenized form of the Singapore Dollar via Ethereum blockchain. Next tests on crypto currency will try "securities settlement and cross-border payments"

An advisory panel urges the central bank of Hong Kong to test cryptocurrencies and invest in blockchain, necessary to maintain thier position as a leading financial center and facilitate tapping into the "meteoric growth of fintech in Mainland China"

Romania?s National Bank warned everyone (except speculators) to stay away from bitcoin due to it's high volatility and low security.