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RE: Altcoins that are like a spring-loaded.... well... spring.

in #cryptocurrency8 years ago (edited)

Great post. As a consummate investor I have always wanted to increase my holdings in Ripple but while mining had to jump through so many hoops that I gave up. How can I purchase Ripple right now and what form of payment can I use? Thanks and I think you right on target with the information. I totally missed the Etherium train and am definitely kicking myself, like, "why did I not buy at $4?!?!" But Ripple is still cheap enough that one could go in with a clean $50 and come out with a good chunk of profit in my opinion, should the world not collapse in the meantime (buy physical silver :). I first mined LiteCoin with a couple Radeon 7850's but stopped when it went from ~$30 to half that. Bitcoin kills me. I know for a fact that a I had purchased about $10 worth back when my computer was using dial-up CompuServe and so somewhere in a landfill there is a hard drive covered in rotten food waste holding around $1,000,000 in BTC. Note to others/self, throw out the PC, save the hard drives. So, in short (LOL) how can I buy some XRP and SPR right now and are the wallets on PC only or can I have it on my iPhone/iPad as well? Thanks for the info and great post! I wonder if we can crowdsourcing, STEEMITsource a venture into going into landfills around major cities and colleges and digging deep enough to find old gaming PC's. I bet there are at least a few that are holding some precious BTC right now like those old Atari ET games haha. Atari or NES? Can't remember, nevermind.

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Aww man, I've heard stories of people discovering hard-drives in landfills with millions worth of bitcoin on it. That sucks. As for how to buy any of these coins. I should write an article on how to get started, but in short,

  1. Create accounts at Coinbase and Poloniex
  2. Buy something at coinbase (ETH/BTC/LTC),
  3. When it arrives a week later (unless you use a credit card and pay more fees), transfer it to Poloniex and use it to trade for whatever coins you want.
  4. When you want to back out to USD (real USD, not USDT) simply buy one of the three coins that Coinbase deals in and send it back to your Coinbase wallet.

Ok thank you. I have been out of the crypto buying market for a year or so, I got bitten hard by the cryptsy debacle and lost a ton of coins but thankfully most of them were in my personal Wallet backed up and encrypted on some flash drives. But they still stole like 300k DOGE, some BTC and like 20 other crypto's like DarkCoin. But yeah I am always going around weekly to this vintage store up the road that has tons of electronics and when I am not buying $50 records or comic books for $1 each I sometimes find a solid Technics piece of stereo equipment or tube amps and am always on the lookout for Pentium 4 gaming laptops and PC's and those made before Bitcoin became so valuable. Try to look for rigs with a video card and some geeky stickers on the case, but yet to find some coinage, however for $15-$20 it isn't a huge disappointment. Usually just throw them on eBay and always make a little side income.