Talk to me about Litecoin

[PNWguy]

Judging from all the slackjawed heathen around I'd say the market is saturated.

That means there is huge demand and it's only going to get larger.

We all know the ship is sinking, might as well make some money off of the dope-smoking, man-bun wearing, gluten-free self-medicating lemmings.

 

[Certaindeaf]

That means there is huge demand and it's only going to get larger.

We all know the ship is sinking, might as well make some money off of the dope-smoking, man-bun wearing, gluten-free self-medicating lemmings.

Knock yerself out.

 

[TapRackNGo]

Buy pmags, wait till election cycle, sell mags on 24hr auction, let the market decide. Rinse, repeat. Less risk.

 

[Glock Jock]

Well I would say I'm not betting the farm but would still like to get a few coins. Does anyone have any suggestions on what wallet or site I should try? Some people seem to have very different experiences with different sites.

 

[Kruel J]

Well I would say I'm not betting the farm but would still like to get a few coins. Does anyone have any suggestions on what wallet or site I should try? Some people seem to have very different experiences with different sites.

If you find a good one please let us know! In the mean time I'm gonna buy more precious metals.

 

[Witsendidk]

Yeah. I was all about hodl last year but with all the hacking that's happening I pulled out. Switched over to Robinhood. If you still want to try out the crypto game i would look into alt coins and get a hardware wallet for cold storage. Ledger Nano treated me well.

 

[CountryGent]

LTC is one of the better cryptocurrencies, but I still will not bother with it. We are reaching our financial goals with a well diversified portfolio, so I can't see any reason to deal with the added volatility and risk of getting involved with crypto. Which, I might add, is intangible, uninsured, and somewhat illiquid.

 

[Glock Jock]

Yeah. I was all about hodl last year but with all the hacking that's happening I pulled out. Switched over to Robinhood. If you still want to try out the crypto game i would look into alt coins and get a hardware wallet for cold storage. Ledger Nano treated me well.

I was looking at a Ledger

 

[Glock Jock]

My first investments are Food, Brass, Silver and Gold. In that order.

 

[Witsendidk]

I was looking at a Ledger

I'd recommend it to someone getting into crypto. It's pretty easy to use, and the devs are constantly updating the desktop app. Virtual wallets are good, but I definitely wouldn't trust my coin in them over long periods of time if you plan to hodl.

 

[Stomper]

Is alcohol and TPconsidered part of the food groups? 'Cuz that stuff is going to go for twenty virgins per ounce (or square) during TEOTWAWKI, and WROL!!

 

[Member 52301]

Yeah, creating money out of thin air with no tangible assets to back it up is a scam.... oh wait, the US Federal Reserve Bank does the same exact thing!

^^^

This!

Thank you.

Cate

 

[Neostratos]

Buying crypto-currencies is speculating, not investing. Electronic currencies are the banksters' next crime. Er, . . I mean 'monetary system'.

In 2008 the debt-based ponzi scheme of the banksters collapsed. Since then they've kept the system on life-support by printing untold trillions of paper money (Quantitative Easing-QE) until they're ready to let it die.

So what to replace it with? Their new system should be entirely electronic so almost all money will be within their control. This would give them great power worldwide.

But many people distrust the banksters, and rightly so. So they made up some mysterious coder with a really cool name; Satoshi Nakamoto, who promises people a monetary system outside the control of the banksters. And people can not only thumb their noses at the banksters but get rich at the same time! Win Win! - sound too good to be true?

Within three months of launching QE1 in 2009, Bitcoin appeared. It is no coincidence. At the same time the banksters dealt with their dying monetary scheme, they launched their next one.

Bitcoin and others are allowed to exist by the banks and even prosper so as to familiarize people with electronic currencies. As with all commodities, real estate, and the stock market, Bitcoin too is manipulated - mostly pump and dump. And there's always a built-in back door for Satoshi Nakamoto .

When the paper money becomes worthless people will look for a place to put their wealth. The banksters are hoping you'll turn to electronic currencies.

So I have to ask myself, am I comfortable with making money by helping the banksters?

 

[Member 52301]

^^^

A week or close to a month ago...

The financial news online and the WSJ mentioned that a large brokerage firm was going to produce and sell their own version of cryptocurrency.

They wanted to compete with Bitcoin.

I can't remember the name of the company now.

Cate

 

[gmerkt]

Just my opinion, if you are fortunate enough to have spare money to throw around, put it in something less risky and speculative.

 

[cigars]

If an EMP takes out the grid then no electricity and no more cryptocurrency.

 

[Mister Bisley]

US arrests cryptocurrency exec over 'multibillion-dollar' fraud

 

[DB is Here]

Stay w/ Power Shares, it's worked well for me the last 25 years. I dabbled in penny stocks, got my arse handed to me too. IMO Crypto is yesterday's Penny stocks.

 

[MannyGlocks]

Scamsters are funded by the gullible and greedy.

 

[OldBroad44]

That means there is huge demand and it's only going to get larger.

We all know the ship is sinking, might as well make some money off of the dope-smoking, man-bun wearing, gluten-free self-medicating lemmings.

I have celiac disease, which is a genetic autoimmune disease, not a choice. I'd love it if I had the option to eat ordinary bread, cakes, cookies, and other gluten-containing foods. I don't. I do not appreciate your implying that I am stupid.