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Friday, January 17, 2014 2:15:16 AM
Cryptocurrencies/LTC is the way to go at this point (as far as mining goes). I invested 6500 into 2 rig set ups to start mining the alt coins.
The AMAZING thing about all of this, is that you can convert ANY coin into ANY OTHER coin. Digital Currency Exchange....I like the sound of that.
Bitcoin = 1st coin
Litecoin = 2nd coin
There is a huge battle for that 3rd spot, doge is promising, but a lot of these cryptos are pump and dumps.
I have realized if you follow the coins that can be gambled on a site, that usually means they are a "somewhat" of a stable coin.
This is just the beginning my friend. I would be happy if we touch $3000 for 1 BTC at some point this year. BTC will be at $10k+ eventually, but in time. 22m max coins, just a little over half out in circulation, no brainer here.
More businesses need to start accepting btc. Bitpay is going to take bitcoin to the next level, as well as a few other sites that were bought out and have been down for a while. Bitmit.net is/used to be the ebay for bitcoin and I know that whoever purchased it has big plans in store.
It was unfortunate I missed the boat this time, I initially bought in at $70!!!!!! (sold at $120). Everything has been pointing to computers for the past decades, shouldn't currency be more computer based without credit card fees and nonsense!?!? INSTANT transactions and you can see the amount of btc in any given address. It truly is mind boggling. If only people looked at this as a currency instead of a stock, but like I said, give it time.
First post on this board, I prefer bitcointalk. I am a retard for investing into the stock market over bitcoin, but I can't complain now, especially since my balance is on the plus side.
Recent BTCUSD News
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