Cryptocurrencies
2013-11-18, 10:21 PM,
#1
Hey legends,

Just wanted to start some sort of discussion thread about the cryptocurrencies.
Most of you, if not all know about Bitcoin.
When bitcoin started it was only worth about 0.18$.
Right now bitcoin is worth 524$
Imagine if you stepped in when it was worth 0.18$
Ofcourse not many people would buy it, as it is extremely new and didn't look stable. Neither did I.

Although there is an second chance to get on the 'train'
There is a second cryptocurrency coming up, Litecoin.
It is the second biggest cryptocurrency right now.
It started out just as low as the bitcoin did, but now has grown around 50% in one day.
Right now litecoin is worth almost 7$

I believe, the trust in bitcoin will become more, which will make the bitcoin rise and eventually people start to use Litecoins aswell and make the value of Litecoins skyrocket.

Would you invest?
If so, what cryptocurrency? (Bitcoin,Litecoin, many more..)
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2013-11-18, 10:32 PM,
#2
Some norwegian dude bought 5000 bitcoins for 18,5€ back when they were extremely cheap, forgot about them and remembered them when he saw them on the news. Then he logged into his bitcoin wallet and ta da! He got 617k euros worth of bitcoins for that 18,5 euros within time span of 4 years or so.

So there is some proof of this "method" working although it might not work like that with litecoin, it's still worth investing a few bucks into :)
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2013-11-18, 10:35 PM,
#3
(2013-11-18, 10:32 PM)The Saint Wrote: Some norwegian dude bought 5000 bitcoins for 18,5€ back when they were extremely cheap, forgot about them and remembered them when he saw them on the news. Then he logged into his bitcoin wallet and ta da! He got 617k euros worth of bitcoins for that 18,5 euros within time span of 4 years or so.

So there is some proof of this "method" working although it might not work like that with litecoin, it's still worth investing a few bucks into :)

I have heard stories like that aswell!
Some guy put 18$ into it, because he had some change from a purchase and just took the gamble.
He has now about 6500$ worth of bitcoins.

Litecoins may not rise that quickly. But I am pretty sure it will rise.

The 50% rise of litecoins is already immense, if you invested 100$ into it you had earned 50$ within one day.

Bitcoins have a higher 'risk' as the investment is huge, that's why I am investing in Litecoins, they are cheap now.
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2013-11-18, 11:03 PM,
#4
where can i buy litecoins?

Please make me a nice signature Cry
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2013-11-18, 11:16 PM,
#5
I check an hour ago on btc-e and i was shocked when i saw btc at 540.

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2013-11-18, 11:17 PM,
#6
(2013-11-18, 11:03 PM)Poor Wrote: where can i buy litecoins?
Quoting you, I'm interested.
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2013-11-18, 11:26 PM,
#7
(2013-11-18, 11:16 PM)vuli Wrote: I check an hour ago on btc-e and i was shocked when i saw btc at 540.

It's now $700 at btcchina.
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2013-11-18, 11:27 PM,
#8
(2013-11-18, 11:17 PM)klaatu97 Wrote:
(2013-11-18, 11:03 PM)Poor Wrote: where can i buy litecoins?
Quoting you, I'm interested.

I'll buy $30 worth of LTC@current market price.
Sellers PM me.
Reply
2013-11-19, 12:07 AM,
#9
Damn last time BTC Went to factor 7 they had to break it or it would collapse whole USA economy
i wonder what will happen now
Will they let it grow more or they will kill it like last time it went on F7
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2013-11-19, 12:28 AM,
#10
It's not easy to buy Litecoins as most known exchanges like Mt.Gox only do Bitcoins.
You can do it by buying Bitcoins on Btc-e.com and then sell that for litecoins.
There are more methods, Google is your friend :)

About btcChina, Btcchina is owned by the brother of the inventory of Litecoins.
Once BTCChina joins the Litecoin game, expect an amazing increase of value.
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