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Thread: General cryptocurrency discussion

  1. #41
    Violator DaDaMan's Avatar
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    Quote Originally Posted by Horatio View Post
    Yup, to be fair it isn't hard to figure out. Ripple was a pretty safe bet these days, especially with the events in South Korea.
    I wouldn't call it a safe bet, if anything, bitcoin is a safer bet. The current xrp price is overinflated.

  2. #42
    creator kari's Avatar
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    anyone know anything about raiblocks?
    I fucking hate the cold! - Wim Hof

  3. #43
    creator kari's Avatar
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    playing around, currently trading ethereum / monero

    after some extremely light research, I am blown away. blockchain technology will be the next massive revolution. i'm so incredibly excited. follow things that bring value into the world, value is enduring.
    I fucking hate the cold! - Wim Hof

  4. #44
    creator kari's Avatar
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    I'm using coinbase to buy ETH

    and using binance for altcoins

    if anyone is using coinbase please let me know how I can increase my weekly limits. do I just have to wait a bit?
    I fucking hate the cold! - Wim Hof

  5. #45
    just dont think about it mhc's Avatar
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    ven souds interesting, especially with ties to the chinese economy. I heard china is adding a carbon tax like tarrif onto all its exports in march this year - a whopping 20%
    Just look at the blue sky

  6. #46
    Perfect is Shit LowIQLogan's Avatar
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    Quote Originally Posted by kari View Post
    I'm using coinbase to buy ETH

    and using binance for altcoins

    if anyone is using coinbase please let me know how I can increase my weekly limits. do I just have to wait a bit?
    The limits on coinbase are tied to what payment methods you use, what identity verification you give them, and your trade history. My limits were $200 a week from a credit card and $2000 a week from a bank account but increased to $750 and $7500 a week without me ever coming close to those limits. Also I had to send them a picture of my driver's license to use GDAX which I did because coinbase charges 4% fees but GDAX only charges 0.25% fees and I happily sold my identity for that sweet 3.75%

    But it is paradoxical to talk about the logistics of personal finance in crypto right now because it (and indeed the entire notion of getting rich through crypto) betrays the idealogical motivations of bitcoin to give common people more power over money. I find myself wanting to believe more and more in the revolutionary ideas of cryptocurrencies but they are hard to reconcile when people like perdix are the ones who are best positioned to profit from it. I guess what I can say is that I believe that money is a language of value and cryptocurrencies are the first fully digital form of that language. Programers (brogramers) have the most experience with digital languages but are terrible at explaining them or their uses or even understanding anything about them other than what they are unabiguously designed to state (such as 1 bitcoin = 10k usd).

    I dunno, if you accept that right now the bitcoin blockchain is a digital monument that is harder to change than all the great physical monuments (btw monument aka proof of work*) of the world and the blockchain is also copied and worked on independently by people all over the world which would all have to be stopped in order to destroy it then its importance can't be understated. What if the Mayans had blockchain so that instead of the pyramids and a handfull of stone writings being the only things that survived of their culture we had all of their data that could be digitized? We might have a form of this already with the internet but blockchain makes it tamper proof also.

    And besides the immediate effect of cryptocurrencies representing the seperation of State and Money is so exteremely powerful that serious discussions about it are immposible, the implications are too grand.

    *blockchain is a minor misnomer imo and should be called blocktower to be more inntuitive. Same goes for wallets, which should be called keychains because they don't hold any money and keys can be easily copied. Crypto is full of misnomers like this because the people working on it really just don't know how to communicate.
    "A new immortal appeared in front of you. Would you like preparations of inception?"

    aka HappyNoodleBoy

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