Ethereum/Cryptocurrency

Discussion in 'Finance, Investing & Careers' started by Lex Lucas, May 29, 2017.

  1. Lex Lucas

    Lex Lucas
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    feels good.

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    Anyone own or trade any?
     
  2. Relentless

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    Not me, but a guy I work with mines bitcoin. I've been trying to bring myself up to speed on it, but at this point I don't see a mainstream use for them. I wish there was a way I could short to market.
     
  3. Lex Lucas

    Lex Lucas
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    Ethereum seems better than bitcoin because its more than just a currency. It's is an application with many uses and has smart contracts, there are a few corporations backing it. I've been reading up on it and doing some trading over the last few weeks.
     
  4. Duggan

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    JP Morgan is on board with (quorum) Ethereum. One of my potential JV partners is heavy into crypto currency, I am trying to pick his brain. They took a massive jump in the last month.
     
    Last edited: May 29, 2017
  5. Relentless

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    What program are you using to trade?
     
  6. Duggan

    Well-Known Member

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    Also curious
     
  7. infatuous

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    Have Bitcoin. Am making huge gains. Going to buy Ether next. I think there are some major unknowns with these currencies but given the prediction of a $500k bitcoin by 2030 I will invest until I own one full coin and then just hold it for the long term.
     
  8. Lex Lucas

    Lex Lucas
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    feels good.

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    I've tried a few different exchanges and found Quadriga to be fastest with best fees.
    https://www.quadrigacx.com/
     
    Relentless and ~*SuzieQ*~ like this.
  9. Lex Lucas

    Lex Lucas
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    feels good.

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    Huge upside potential, hence why I think it is worth the risk.
    I read an article that said by 2027, 10% of the global GDP could be on blockchain.
     
    Last edited: May 30, 2017
  10. Boots

    www.reality-check.ca

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    what's it cost to buy a bitcoin now? 2K ? :o
     
  11. infatuous

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    About $3k CAD
     
  12. Boots

    www.reality-check.ca

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    obviously you can buy them pieces at a time?
     
  13. Scott

    rawr

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  14. Duggan

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    How long did it take you to set up, after you sent in the ID for verification.
     
  15. Lex Lucas

    Lex Lucas
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    I did both. Equifax (was instant) and allowed me to start funding my account, but with a limit. ID verification took like 3 days I think.
     
  16. Duggan

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    I am not sure why but TD access cards with Visa and interact on them will not work, only allows for 13 digit card entry on their site. I used equifax as well, but did the other verification because the interact was limited to $200 a day.
     
  17. Lex Lucas

    Lex Lucas
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    I had the same issue with TD VISA debit cards. That is all TD issues for personal accounts and called to check that with them. I had to use a different account to transfer funds through
     
  18. Duggan

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    Ok, thanks for the heads up, I might just do a draft
     
  19. clicker666

    Older lifter

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    I use Quadrigacx as well. I've only kept a little BTC in it at any time, and recently pulled it all back to a few hundred in profit. For a while my BTC was less than the purchase price, so it was good just to sit on.
     
  20. Gerald

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    I just bought 2k worth of Ethereum through Quadriga. It's going to be fun watching it over the next little bit, but the plan is to just sit on it for quite awhile.
     

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