Thread: Blockchain/crypto

Originally Posted by Hawgdriver

What stuff?

Crypto, wallets, etc. I found some online, but I don’t know enough for proper scrutiny.

Originally Posted by King87

Crypto, wallets, etc. I found some online, but I don’t know enough for proper scrutiny.

Go open an account at coinbase. If you're just doing $50-100 at a time, it's plenty secure for you and will give you a chance to learn more. Make sure and set up two-factor authentication, and they have a "vault" option that notifies you, and has a time delay before money is moved out of the "vault". If the withdrawal is unauthorized, you can stop it before it's moved out etc.

If you build up enough of a stash you may want to move it to an off-chain wallet, but I wouldn't worry about that at this point.

For now, just set up an account, put your crypto in the "vault" and you'll be reasonably safe.

Coinbase is good.


I like Voyager simply because they pay you good dividens on just holding some shares. Coin base is fine to start with. If you are going to look at more than $100 look at voyager and start letting your money work for you. Even if the coin is not going up 5% the interest will and you still are making $.


Etherium is starting to really grow! As I mentioned way way way back, the future will be with Etherium and NFTs and the power that will change how marketing is done. Its still slowly coming out, but its gaining speed. February we are having a big launch. Ive heard rumors about the charts saying a crash around Christmas time, but id say still get in now, because I know where Eth is headed. Its headed up up up!

Originally Posted by ShaneFalco

Inflation is real, everything outhere is more expensive since Joe Biden took office for some reason

Fellow Broncos and crypto hodlers, strap on!

Caging the Crypto Beast by Bracewell Sidebar (soundcloud.com)

Would it not be wiser, in most situations, to just take the normal money and then purchase BC with it?

Originally Posted by King87

Would it not be wiser, in most situations, to just take the normal money and then purchase BC with it?

I kind of wonder if that's not actually what he did.

If so, I hope he held out $$ for the taxes at the time.

My co-worker has spent thousands (well over $30 grand) on the equipment for this coin stuff. I've done side work running power (raceways, conductors, terminations) for his equipment. I didn't charge him for the work, but it hurts my head when he explains the coin stuff to me.

Originally Posted by Nomad

My co-worker has spent thousands (well over $30 grand) on the equipment for this coin stuff. I've done side work running power (raceways, conductors, terminations) for his equipment. I didn't charge him for the work, but it hurts my head when he explains the coin stuff to me.

I'm keeping an eye out. I wonder when this stuff bottoms out if there won't be some folks having to sell their mining equipment on the cheap.

Originally Posted by NightTrainLayne

I'm keeping an eye out. I wonder when this stuff bottoms out if there won't be some folks having to sell their mining equipment on the cheap.

"Mining" that's the term. I forgot what it was called.

Originally Posted by NightTrainLayne

I'm keeping an eye out. I wonder when this stuff bottoms out if there won't be some folks having to sell their mining equipment on the cheap.

With the shortage of high end graphic processors due to COVID, it won't be cheap.

Originally Posted by NightTrainLayne

I'm keeping an eye out. I wonder when this stuff bottoms out if there won't be some folks having to sell their mining equipment on the cheap.

The amount of electricity required for running the mining operations is staggering.