OG thread: https://forum.bodybuilding.com/showt...hp?t=173249701
Vol. 1: https://forum.bodybuilding.com/showt...hp?t=174270261
Vol. 2: https://forum.bodybuilding.com/showt...hp?t=174590131
Vol. 3: https://forum.bodybuilding.com/showt...hp?t=174863441
Vol. 4: https://forum.bodybuilding.com/showt...hp?t=175032101
Vol. 5: https://forum.bodybuilding.com/showt...hp?t=175123511
Introduction to Cryptocurrency
The two "big" Crypto's are Bitcoin (the OG) and Ethereum (ETH). There are hundreds, maybe even thousands of other coins but all flow through ETH/BTC (mostly BTC). As a trader you will mostly be trading your $$ into Bitcoin to invest in these other coins.
Bitcoin - Bitcoin Summary
Ethereum -
Ethereum for Everyone
Beginner's Guide to ETH
Where do I go if I want to get in on this???
The only ways to buy bitcoin/ethereum with your dollars are through these things called exchanges.
Examples of exchanges: (links to each exchange will be added later)
(Dollars -> BTC/ETH)
Coinbase - most newb friendly/high fees. You can buy Bitcoins and Ethereum here with your dollars.
~~~RECOMMENDED EXCHANGES (for US brahs)~~~
GDAX - owned by Coinbase. Lower fees. Cons - requires a SSN which not everyone is comfortable with
Gemini - low fees, nice interface. Cons - Takes time to get verified so you can make deposits
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Kraken - Similar wait time to get verified as Gemini, if not longer. I don't personally use Kraken but others do
Canadian brahs use
QuadrigaCX
from these above exchanges, you can take your dollars and convert them to Ethereum or Bitcoins. Now..you could just hold these coins and be happy, or you could explore into the world of alt coins.
Australian brahs use these to put FIAT into crypto
www.coinspot.com.au (you pay a premium but you also sell at a premium on this exchange so it’s ok)
www.btcmarkets.net
Or you can use coinbase (you can buy here but you can’t sell)
(BTC -> alt coins)
Bittrex
Poloniex
Kraken also has a altcoins, being one of the only exchanges with USD -> BTC/ETH as well as BTC/ETH -> alt coins
Liquio, EtherDelta, Bitfinex are some other exchanges
Binance
Common Terminology Used
Glossary of terms
Way too many to list so I will just put down a few most commonly used, please refer to the link above ^ for a broader list of terms. Google is your friend!
Fiat - Government-issued currency, such as the US dollar.
ICO - Initial coin offering. Crypto's version of an IPO
FOMO - Fear of missing out.
FUD - Fear, Uncertainty, Doubt. Basically people spreading chit to try and get ppl scared so they'll sell at inopportune moments
Hodl - hold on for dear life
Pump And Dump - The recurring cycle of an altcoin getting a ton of attention, leading to a fast price increase, and then of course followed by a huge crash.
Shilling / pumping - Someone essentially advertising another crypto-currency for their own personal gain. If a coin is promised to cure cancer or be the second coming of Jesus, it's being shilled.
Altcoin - Generally any crypto-currency other than Bitcoin or Ethereum. (Though some Bitcoin folks would probably still say Ethereum is an altcoin)
ATH - All time high
Bearish - Expecting prices to decrease
Bullish - Expecting prices to increase
Going long - A margin trade that profits if the price increases.
Going short -A margin trade that profits if the price decreases.
MEW - MyEtherWallet
Useful links
OP's #1 recommended intro guide to crypto
https://mycrypto.guide/#what
Coin Market Cap - Basically an index of all coins with how much volume is being traded, price, %change, market cap, and also has a tab where you can see exactly which exchanges any particular coin is being traded on. HIGHLY RECOMMENDED
Coin Crew (run by a MISC brah, a summary of things that happen in this thread/coins to watch out for
Bitcointalk - large gathering of coin talk
CryptoWatch - Price tracker for coins
Countdown for all ICOs
Ethtrader subreddit - Home of all the ETH bag holders. Good discussions there
/r/CryptoCurrency - Random discussions about random cryptos here
Bitcoin subreddit - Mothership coin gets a mention here
Great, I've got my coins now. HOW DO I KEEP MYSELF SECURE???
General security tips
Also consider getting a Nano Ledger/off-exchange wallet
[General investing tips]
-!!!!GOLDEN RULE!!! - Don't invest more than you are willing to lose. Crypto can be great profits but it can all disappear in an instant as well
-Do YOUR OWN research on any coin before making an investment in it. Don't just listen to some other person and buy it without doing your due diligence. A lot of people will talk up any coin they own shares up (shilling) while some may even spread FUD about other coins
-General ideas of coins with potential: good dev team, solid community (active subreddit/slack channels), small market cap (WITH POTENTIAL TO GROW), and of course..a great product
-Don't panic sell your coins just because they're having a bad day. If you believe in the coin, the technology, and the devs...BUY THE ****ING DIP!!
Hall of Fame MCC coins (coins recommended in previous threads that blew up]
-NEO
-WTC
-OMG
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Closed Thread
Results 1 to 30 of 9072
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12-20-2017, 08:25 AM #1
- Join Date: Feb 2012
- Location: Perth, WA, Australia
- Age: 31
- Posts: 13,323
- Rep Power: 63996
MISC Crypto Crew (MCC) Vol 6: Christmas Edition; Battle of the Chads
Last edited by Gringo12; 12-20-2017 at 04:09 PM.
Fck u james
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12-20-2017, 08:26 AM #2
Innnn
PHILLIES/EAGLES CREW
{} MFC {}
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12-20-2017, 08:26 AM #3
USDT crew gonna buy crashes
buy high sell low - Mahatma Gandhi
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12-20-2017, 08:26 AM #4
What happens when you're both a BTC Chad and BCH Chad?
#sunyourballs
Unvaxed sperm is the next Bitcoin
ⒻⓊⒸⓀ ⒷⒾⒹⒺⓃ
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12-20-2017, 08:26 AM #5
Iiiiiiiiiiiiiiiin
Royas Crew
Chif Crew
Fesivus Cew
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12-20-2017, 08:26 AM #6
- Join Date: Feb 2012
- Location: Perth, WA, Australia
- Age: 31
- Posts: 13,323
- Rep Power: 63996
Merry Christmas *******s
Fck u james
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12-20-2017, 08:27 AM #7
Innnnn 1st page
Spot for sale
Edit: sold to BCH shills - get your BCH while the gettins good!Lurk Crew
Never Listen To Own Advice Crew
Deep Depression Crew
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12-20-2017, 08:27 AM #8
More BTC centric thread names. Time to kms
Tokyo Brah
University of Texas Brah
IT Brah/CS Brah
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12-20-2017, 08:27 AM #9
in on single digit post number
Could have been a slayer.
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12-20-2017, 08:28 AM #10**MFC**
**Barbara Palvin is my 10/10 crew**
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12-20-2017, 08:28 AM #11
- Join Date: Feb 2009
- Location: Arizona, United States
- Posts: 54,767
- Rep Power: 339860
BCH has tremendous support @ 3,800. fuark.
Spoiler alert; you die at the end.
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12-20-2017, 08:28 AM #12
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12-20-2017, 08:29 AM #13
1st page
EXTREME yellow fever crew
Will wife an Asian HBB in the future crew
~keep hustling cuz~
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12-20-2017, 08:29 AM #14
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12-20-2017, 08:29 AM #15
In.
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12-20-2017, 08:29 AM #16
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12-20-2017, 08:30 AM #17
My extra BTC has arrived, good idea to buy BCH now or too late?
*Misc Surgeon*--*Admin neg survivor*
Don't have $100 squat shoes and a 10 cent squat - Louie Simmons
You go looking for the Shaolin temple, the Shaolin temple doesn't go looking for you - Louie Simmons
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12-20-2017, 08:30 AM #18
In on BCH to Mars
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12-20-2017, 08:31 AM #19
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12-20-2017, 08:31 AM #20
in
★The misc anime crew★
★Shoujo crew★
❤shoujo is love, shoujo is life❤
❤Yuru Yuri❤Hotaru❤Shirobako❤
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12-20-2017, 08:32 AM #21
watching the blood bath from the sidelines today
Русский брат
R.I.P Aziz "Zyzz" Sergeyevich Shavershian
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12-20-2017, 08:32 AM #22
- Join Date: Aug 2012
- Location: Massachusetts, United States
- Posts: 11,861
- Rep Power: 21053
Who in BCH???
Asian Crew. Always Rep Back Crew. Positivity Crew.
/\^/\^ Misc Colorado Crew ^/\^/\
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12-20-2017, 08:32 AM #23
- Join Date: Apr 2009
- Location: Miami, Florida, United States
- Age: 30
- Posts: 40,544
- Rep Power: 58685
If btc could bull run to 20k now that'd be great, thanks
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12-20-2017, 08:33 AM #24*Misc Surgeon*--*Admin neg survivor*
Don't have $100 squat shoes and a 10 cent squat - Louie Simmons
You go looking for the Shaolin temple, the Shaolin temple doesn't go looking for you - Louie Simmons
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12-20-2017, 08:33 AM #25
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12-20-2017, 08:34 AM #26
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12-20-2017, 08:34 AM #27
First page
There is no thing without nothing.
_____________________________________
MCC TAutist dicord: https://discord.gg/nX2fBRu
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12-20-2017, 08:34 AM #28
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12-20-2017, 08:35 AM #29
In. Palms are sweaty, knees weak, arms are heavy ready for BCash vs Bitcoin.
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12-20-2017, 08:35 AM #30
- Join Date: Apr 2009
- Location: Miami, Florida, United States
- Age: 30
- Posts: 40,544
- Rep Power: 58685
so will bcc pump or dump once coinbase opens? is it open already or is it 12pm est?
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