LITECOIN ( LTC) is rising like a beast. 62.00 3 weeks ago, to 86.00 as I type this.

Also, to answer your question about the coins that you mentioned : Those coins aren't moving, and are sitting on their prices, so you could sit on the sidelines until they move. Hell, one could wait until they get to 1.00 or even 10.00. That would still be dirt cheap.

LITECOIN IS MOVING NOW.

I bought it at 62.00 three weeks ago. It is now 85 - 90.00. So if it continues to move at 30.00 every three weeks, this coin could be at 1000.00 by this time next year, so that 90.00 would look like 90 cents in hindsight.

Bitcoin did the same thing. It was at 300.00 last year ( I believe), and I think 50.00 the year before that. Now it is at 8,000.

Think of how many times you focked off 80.00 or 90.00( entertainment, clothes, etc), when that money could simply go to buying a coin that is rapidly increasing in value.

So that is why the urgency is on Litecoin.

Well good luck, but I think you're falling into blind speculation and downplaying the very significant risks.

Crypto fan wrote:

There is NO stopping the crypto currency train, people. The CME (Chicago Mercantile Exchange) will introduce Bitcoin futures in a few weeks. This will be a yuuuuuge catalyst for all cryptos.

Maybe. But the CME's upcoming action has been known for some time now, and is very likely part of what's fueled the recent rally. Once futures trading actually begins, we may actually see a sell off. Sort of like the maxim to buy on the rumor, sell on the news.

Crypto fan wrote:

Get onboard. Just buy a few litecoin, if you can't afford Bitcoin or Ethereum.

That doesn't make any sense. You can buy a fraction of a coin as easily as you can buy 1 coin or 100 coins. The fact that Bitcoin is over $9000 per coin doesn't make it unaffordable - just buy 0.01 Bitcoin and your investment and potential gains/losses will be similar to buying 1.0 Litecoin.

Hodl wrote:

That doesn't make any sense. You can buy a fraction of a coin as easily as you can buy 1 coin or 100 coins. The fact that Bitcoin is over $9000 per coin doesn't make it unaffordable - just buy 0.01 Bitcoin and your investment and potential gains/losses will be similar to buying 1.0 Litecoin.

Exactly hahaha I love how so many in crypto have no idea how investing works

Hodl... Epic reddit reference.

Hodl wrote:

Well good luck, but I think you're falling into blind speculation and downplaying the very significant risks.

At what point in time does it change from blind speculation to pure speculation.

Question with Coinbase....I have two separate email accounts with them and I can only get access to one of them. I’m wanting to converge or at least be able to have access to the other account since I actually bought Bitcoin with that account and yet it’s not allowing me to access it. I’m wondering why....also why can only buy the 3 coins ie Bitcoin, Ethereum and Litecoin...why not the other coins? Anyone know and what other exchange out there in the US besides Coinbase?

If you want other coins, buy Ethereum or Litecoin and then use a service like Changelly or Shapeshift to swap it for any of 100 other coins. You'll pay a small extra fee, but I still prefer it to signing up with a weird 2nd-teir exchange for direct purchasing of altcoins.

More people are trading crypto than actually making transactions with it. Look at bitcoin trading volume compared to bitcoin transactions over time and you'll see that while the price surges little has to do with the adoption of bitcoin into the market. No fundamentals to support it current price just speculation driving up prices.

I’m a Bit Believer wrote:

Question with Coinbase....I have two separate email accounts with them and I can only get access to one of them. I’m wanting to converge or at least be able to have access to the other account since I actually bought Bitcoin with that account and yet it’s not allowing me to access it. I’m wondering why....also why can only buy the 3 coins ie Bitcoin, Ethereum and Litecoin...why not the other coins? Anyone know and what other exchange out there in the US besides Coinbase?

Your post is exactly the reason I don't use their built in wallet. I actually use a hardware wallet to store the private keys. With that, I have multiple ways of recovering private keys. If you have any significant coins, I recommend a hardware wallet over software wallets, just for the security factor. I definitely do not recommend coinbase's wallet, for reasons you have already found. I buy using coinbase, but transfer out immediately.

You are going to have to get access to the closed account. Try password recovery first, then I don't know, email support. Once you get access, there is a process that is outlined in youtube videos for transferring your coins to your gdax account, then you can transfer from that without fees to another wallet. (if you have a coinbase account, you automatically also have a gdax account as they are the same company). This is the way to get your coins out without paying transfer fees. Search for youtube videos with the phrase "avoid paying coinbase fees"

Crypto fan wrote:

There is NO stopping the crypto currency train, people. The CME (Chicago Mercantile Exchange) will introduce Bitcoin futures in a few weeks. This will be a yuuuuuge catalyst for all cryptos. Get onboard. Just buy a few litecoin, if you can't afford Bitcoin or Ethereum.

Litecoin will break $100 any day now

Ethereum will break $500 if not already there

Bitcoin is going to $10K by Christmas.

I have seriously underestimated Bitcoin. It might hit 10K tomorrow.

Bitcoin $11,729.11

Over 12K today

Were any of you kids out of elementary school during the dot com bubble?

When EVERYONE is telling you to get in is when you should get out.....

Dot coms were losing money hand over fist not turning a profit yet their stock prices kept going up, up, up....until they didn’t...and then they went bye, bye...

Cryptos aren’t really being used for transactions yet their prices are going up, up, up....until they stop....and then bye, bye...

I’m no expert by any stretch of the imagination ....but it seems to me that the more cryptos that enter the market the less their chance of success.

When I have a thug life co-worker with a neck tattoo telling me the ins and outs of cryptos and telling everyone to buy, buy, buy......yeah I’ll just watch the train fire from my backyard thanks.

Alan

BTC $12,883.01

Runningart2004 wrote:

When I have a thug life co-worker with a neck tattoo telling me the ins and outs of cryptos and telling everyone to buy, buy, buy......yeah I’ll just watch the train fire from my backyard thanks.

That's fair. Just like with the dot-com boom and bust, the cryptocurrency technology is revolutionary and here to stay, but the current prices are probably over-inflated. But mainstream media are still all publishing articles about how Bitcoin is a bubble, huge risk, etc so the contrarian in me says this rally has more room to grow. When Money magazine starts writing articles praising Bitcoin and recommending you put 25% of your 401K into it, then we'll know it's time to pull out.

jack of all tirades wrote:

BTC $12,883.01

Which is all the more reason to NOT buy BTC. A year so ago sure...

I think once the dust settles there will be one crypto left, probably BTC, and probably not at $12000+.

Alan

Runningart2004 wrote:

Were any of you kids out of elementary school during the dot com bubble?

When EVERYONE is telling you to get in is when you should get out.....

Alan

My reference guide is once cab drivers start giving you advice it might be sign of a bubble. Problem is I take Lyft all the time now ;)

The dotcom bubble was awesome. I was training in Flagstaff and would come in everyday and watch CNBC. No joke. I haven't really watched it since. I had quit my job and finally decided to get into the internet stocks because what did I have to lose at that point. Some stock I owend Viropharma was supposed to cure the cold and it came tumbling down like $60 on one day.

Once it all crashed I remember thinking "one of these companies has to be legit." I picked Amazon. It was under $10 a share.... Should have just bought bitcoin instead;)

I was at a wedding in April and a guy told me Bitcoin could hit a million. I was thinking it was around $3000 then. Oops. Just looked it up and it must have been $1300.

At the time I remember thinking I should get in. 300-1000 times an investment isn't possible in anything else. And if I lose $1000 it won't kill me.

Now its at $12,000 and I'm still at sidelines.

I think LiteCoin is the coin some runners were telling me to buy at The Running Event. When guys surviving on pro running contracts are telling you to buy a coin maybe that's the new sign of a bubble :)

But question is

1) What's the easiest and most efficient (not a bunch of fees) to get in any of these coins? In the past if I ever tried to buy some coin it was very difficult.

I'm find if you just send me to a link somewhere.

Runningart2004 wrote:

Were any of you kids out of elementary school during the dot com bubble?

I was out of college and working during the dotCom bubble. I remember it very well. I'm only gambling with spare change right now. I bought a while ago and the only thing I'm adding is what I mine. I know it's a bubble right now, but with baby boomer money rolling in, it's not ready to pop yet. My goal is to get out before the pop.

wejo wrote:

1) What's the easiest and most efficient (not a bunch of fees) to get in any of these coins? In the past if I ever tried to buy some coin it was very difficult.

If you're in the USA, it's a pain in the ass because every bitcoin exchange demands tons of identification paperwork to satisfy banking laws. Coinbase is probably your best bet. Gemini is good too. Either way, expect it to take a week before your account is approved, and you'll have to send a copy of your driver's license and other paperwork. Then once you're approved, you'll still face relatively low limits on how much you're allowed to buy each day, and how much cash you can withdraw daily if you sell. Eventually those limits will go up if you stay a customer for long enough.

For smaller amounts like $50, it will be much easier to just find somebody to do a face-to-face exchange.