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Ethereum vs Bitcoin

105 10 March 15, 2017 at 09:22 AM
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+4 Deal Score
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Bitcoin introduced block chain and Ethereum is currently revolutionizing block chain while undervalued at the moment. Thought it would appeal to Slickdealers since getting on Ethereum buy buying ether is a slick deal while it's under bitcoin's price.

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#2
You can get some at Coinbase and Gemini exchanges
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#3
If only I'd listened...
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#4
Quote from raiz
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If only I'd listened...
If only I had built my mining rig a month earlier when I started looking into it.
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#5
do we still have a chance or is it gone
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#6
You can still buy it, just not at the low price that it was when this was originally posted. It could still go up a lot tho.
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Not bragging (well I may be a little), but I bought into the ETH ICO at about 30 cents a coin Smilie. Today my 2 btc purchase (800 bucks at the time) is now worth 125k USD. Would be around 600k had I not invested in the DAO and sold at 17 dollars to take profits. Even at the current prices there is a LOT of upward growth coming for ETH (and BTC for that matter). I decided to take a year off from my 401k investment (15% each payday) and my employee stock purchase (10% each payday). I just took a 401k loan that repayment will work out the same as the previous monthly investment. Buying 25k USD worth of ETH and 10k of BTC on the next drops. My kids should never have to work. They will work, but not because they have to, because they choose to (my personal dream). I have been trading crypto since 2011 and can't say enough what an opportunity this is. if you are a geek at heart like me, just read about the tech, if you are not, read the news and you can see why this is going to be one of the largest tech innovation in my lifetime. People laughed at me for years at work when they heard about 500$ electricity bills while I was mining what they called "mario coins". they don't laugh now and are asking for tips Smilie
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#8
Quote from ai42
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If only I had built my mining rig a month earlier when I started looking into it.
If only I had built a time machine.
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#9
Quote from sblack005
:
Not bragging (well I may be a little), but I bought into the ETH ICO at about 30 cents a coin Smilie. Today my 2 btc purchase (800 bucks at the time) is now worth 125k USD. Would be around 600k had I not invested in the DAO and sold at 17 dollars to take profits. Even at the current prices there is a LOT of upward growth coming for ETH (and BTC for that matter). I decided to take a year off from my 401k investment (15% each payday) and my employee stock purchase (10% each payday). I just took a 401k loan that repayment will work out the same as the previous monthly investment. Buying 25k USD worth of ETH and 10k of BTC on the next drops. My kids should never have to work. They will work, but not because they have to, because they choose to (my personal dream). I have been trading crypto since 2011 and can't say enough what an opportunity this is. if you are a geek at heart like me, just read about the tech, if you are not, read the news and you can see why this is going to be one of the largest tech innovation in my lifetime. People laughed at me for years at work when they heard about 500$ electricity bills while I was mining what they called "mario coins". they don't laugh now and are asking for tips Smilie
Do you have any opinions on Factom (fct) its at about 32, up about 38 % in last few days.?
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#10
Quote from dave388
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Do you have any opinions on Factom (fct) its at about 32, up about 38 % in last few days.?
I don't have any at the moment but only because I have been pretty lazy this week. Work is nuts. But that being said. I have been watching Lisk (LSK), XEM, BTM, NAV, and SRT and taken small speculative positions in each. The kicker is that I don't really have faith in the tech behind these coins like I do with ETH but these days it seems that is not as important (for the short term) as it used to be. For example, I would never buy Lisk based on their Java offering of ETH basically (its more than that but I am again being lazy) but the price has doubled since I picked it up a few weeks ago. The reason for the crazy prices seems to be the massive number of new people getting into crypto. Coinbase reported 30k new users on a single day last week and Poloniex has had a terrible time keeping up with the new users to a point the site becomes unusable. So with so many new faces in the crypto game I think we are seeing coins ramp up fast that really shouldn't be doing so well. This is a risk for long term but you can make a pretty penny off riding the waves of new interest. Just be ready to pull the plug before everyone else. I have been trying to identify trends in the prices of the top 10. at one point I though I was on point with weekday vs weekend investors but that fell apart 3 weeks ago when we saw the mad rushes into the exchanges. I am going to watch BAT, the ICO was a record breaker (30 Mil US in 30 seconds) and only 130 people out of thousands were even able to get in. I don't like the small number of investors but there is possible upside to the price of the token. The tech is rock solid imo. I got in on Patientory and Storj ICOs (LOVE STORJ) and am planning on getting a bit of Tezos and possibly Civic. I got 10 eth of Monaco but wouldnt reccomend it to anyone as it really sounds too good to be true. Polybius is another that sounds great but doesnt sound possible. Time will tell. Heading out for the day, I will share my trades if there is any interest.
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#11
Quote from sblack005
:
I don't have any at the moment but only because I have been pretty lazy this week. Work is nuts. But that being said. I have been watching Lisk (LSK), XEM, BTM, NAV, and SRT and taken small speculative positions in each. The kicker is that I don't really have faith in the tech behind these coins like I do with ETH but these days it seems that is not as important (for the short term) as it used to be. For example, I would never buy Lisk based on their Java offering of ETH basically (its more than that but I am again being lazy) but the price has doubled since I picked it up a few weeks ago. The reason for the crazy prices seems to be the massive number of new people getting into crypto. Coinbase reported 30k new users on a single day last week and Poloniex has had a terrible time keeping up with the new users to a point the site becomes unusable. So with so many new faces in the crypto game I think we are seeing coins ramp up fast that really shouldn't be doing so well. This is a risk for long term but you can make a pretty penny off riding the waves of new interest. Just be ready to pull the plug before everyone else. I have been trying to identify trends in the prices of the top 10. at one point I though I was on point with weekday vs weekend investors but that fell apart 3 weeks ago when we saw the mad rushes into the exchanges. I am going to watch BAT, the ICO was a record breaker (30 Mil US in 30 seconds) and only 130 people out of thousands were even able to get in. I don't like the small number of investors but there is possible upside to the price of the token. The tech is rock solid imo. I got in on Patientory and Storj ICOs (LOVE STORJ) and am planning on getting a bit of Tezos and possibly Civic. I got 10 eth of Monaco but wouldnt reccomend it to anyone as it really sounds too good to be true. Polybius is another that sounds great but doesnt sound possible. Time will tell. Heading out for the day, I will share my trades if there is any interest.
where are you buying these other coins,
coinbase only does just 3 bitcoin,ltc,etc
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#12
For those without free cash sitting around but an investment account - I bought into GBTC last year at about $100 as an attempt to diversity slightly into digital currencies. It is a fund that is built to track bitcoin, but currently has a huge premium on it because of - insert reason here - (most likely just too many people jumping on the train). My $4k last year, has turned into $21k this year. I took out my $4k and am letting the rest ride.

I also joined coinbase and am buying more slowly through there...The transaction fee sucks $3 per trade, so you need to buy a couple hundred bucks in it. You can get $10 free in bitcoin with a referral (that $10 free bitcoin from last year would buy you a nice dinner now).

ARKW is another fund that owns SOME bitcoin, but the rest of in very risky stuff like Netflix, Amazon, etc.

The attached picture is of an IRA that I put about 20% into GBTC...
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#13
I only really have started looking into Cryptocurrency a few days ago and my head is spinning. I have been reading about ETH and how it has exploded and still has huge potential growth. The other one I've been looking at is Ripple (XRP) which seems to be on ground floor at the moment and I'm not sure what sort of potential it has.

Anyone have any opinions on XRP?

Disclaimer: I'm throwing around these acronyms like I know what I'm talking about but in realty I have no clue.
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#14
Quote from jbloggs
:
I only really have started looking into Cryptocurrency a few days ago and my head is spinning. I have been reading about ETH and how it has exploded and still has huge potential growth. The other one I've been looking at is Ripple (XRP) which seems to be on ground floor at the moment and I'm not sure what sort of potential it has.

Anyone have any opinions on XRP?

Disclaimer: I'm throwing around these acronyms like I know what I'm talking about but in realty I have no clue.

Bitcoin is basically globally popular and the other coins vary by region. Mainly because bitcoin is media friendly as well since I was the first or first popular.

This is a huge generalization since all coins are unique and more unique than others. Have to read about the top ten coins to learn the differences.
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#15
Quote from johnfoe
:
Bitcoin is basically globally popular and the other coins vary by region. Mainly because bitcoin is media friendly as well since I was the first or first popular.

This is a huge generalization since all coins are unique and more unique than others. Have to read about the top ten coins to learn the differences.
Is now a good time to buy/look into buying, after recent drop?
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