Hey all,I know there is a Bitcoin thread on the c/nc board, but it's no longer all about Bitcoin. Like this currency itself, let's bring this into general discussion!Like many, 5 years ago, I laughed at the thought of cryptocurrency. I waved away the thought of buying a bunch of Bitcoins at $50. They now sit at $4,500. This situation has, and will continue repeat itself. Maybe to a lesser extent, but, it happens every day.The time is now. Not next year. You didn't miss the boat. It's all happening right now. If you have no idea what the hell any of this is, I'd suggest digging through the Bitcointalk forums, but Reddit and others have a wealth of information: https://bitcointalk.org/index.php?board=8.0Small Altcoins and ICO (Initial Coin Offerings) are the future, and there's a world of crazy information and things to learn out there. More mainstream things like the currently $350 Ethereum (a cool concept in itself) to small interesting bits like Siacoin.Not to mention, the Chinese markets. I am eyeing NEO as we speak. Look it up. The digital currency world is insane in China, and it's not slowing down. Cash is disappearing, and lines of people simply sit with their phone out, get the bar-code scanned on the Wechat app, and leave with their goods. Train tickets, all sorts. Despite the ban article circulating, I can say cryptocurrency will be adopted here. It's only a matter of time...and it's going to be a game-changer.This thread is mostly for me to track my progress over time, as I'm just now beginning. Surely, there will be both dark and interesting times ahead.I've signed up for Coinbase, which is basically an easy entry point with USD, and Bittrex, a more vast marketplace where you can turn mainstream coins into alternative coins.I could write pages about what I've learned in merely a week, but let's keep this short.I'm starting with an initial investment of $300. I've purchased 2 Litecoins, and am waiting for my first trade to hit next week, before I buy the less expensive NEO (China's Ethereum) and Siacoin.Who else is in on this? I'd love more friends with this as I learn.Scary, crazy stuff. One wrong move and you're toast. What could go wrong?Let's roll.Beginner's edits below: Chose Exodus as a wallet. Seems great for beginners. Super good interface, and has Shapeshift built in

My friend who is a part-time crypto/blockchain coder just cashed out some of his for one million UK pounds. Good for him!

He still has more in, I don't know how much but quite a lot by the sound of it. This is the first time he's taken any out I think, and he's been involved for a few years now. He says it could collapse in value at any time, who knows, but as it stands he's got a million quid and however much crypto still invested.

Pretty sure the other thread contains an exhaustive list of reasons why this is a not great sort of high risk gambling with a massive number of external risks (robbery, failing exchanges, inevitable regulation (esp in China)), but you know... create a new thread because you want to ignore all of that and there's no way the value is going to crash again, right?

Defender wrote:sheesh auntie you sound insufferable. Do yourself a favor and block me, sport. No reason you should suffer.

sheesh auntie you sound insufferable.

just be nice mang ..

I've been thinking about getting in on this as well. Have absolutely no idea where to start though, so I'll be following this thread.

Anthony Flack wrote:My friend who is a part-time crypto/blockchain coder just cashed out some of his for one million UK pounds. Good for him! Amazing. Is he going to re-invest? With even 1/4 of that much profit to play with, he could surely get another million with some good calls.

free meat wrote:I've been thinking about getting in on this as well. Have absolutely no idea where to start though, so I'll be following this thread.Just jump on all the boards and start digging. Grip Coinbase for the basics, Exodus seems like a solid, no hassle wallet, and Bittrex seems like a decent exchange. Looks to me like the best first steps is just buying and transferring small amounts of things until you get the hang of how it all goes down.I also signed up for Steemit, which is like a Reddit that gives you Steem coin. Will leech all my China stories to there as well, and see what comes of it. Probably not much, but I'm down to give anything a long-haul shot at this point, as it doesn't take too long to copy and paste it.Once you sign up and verify all the things, uploads docs and such, it seems to take a few days for everything to get sorted, give or take depending on what you use.Will do some heavier tinkering next week.