What is Ethereum and how come it's shares have sky rocketed?

What is Ethereum and how come it's shares have sky rocketed?

Author
Discussion

Guvernator

13,163 posts

166 months

Thursday 20th July 2017
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FFS, ETH taking a nose dive. It's a good thing I haven't got a lot invested but it's still annoying. As you said Behemoth, crypto currency needs to be 110% secure or it's basically worthless. I can't see this going well for poor old ETH. Oh well some you win, some you loose.

sc0tt

18,054 posts

202 months

Thursday 20th July 2017
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If you buy in, how quickly can you get your money out?

Behemoth

2,105 posts

132 months

Thursday 20th July 2017
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sc0tt said:
If you buy in, how quickly can you get your money out?
If you buy in what, where?

anonymous-user

55 months

Thursday 20th July 2017
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i'm done with eth, even if it hits a 1000 usd, my money will stay in other projects. i don't want to be a guinea pig good luck to the rest.


sc0tt

18,054 posts

202 months

Friday 21st July 2017
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Behemoth said:
If you buy in what, where?
If I buy a coin. How quickly can I sell the coin and get my money out?

Behemoth

2,105 posts

132 months

Friday 21st July 2017
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sc0tt said:
If I buy a coin. How quickly can I sell the coin and get my money out?
You're not answering. What is "the coin" ?

bigweb

826 posts

229 months

Friday 21st July 2017
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sc0tt said:
If I buy a coin. How quickly can I sell the coin and get my money out?
If you buy in you could sell again 10 seconds later and pull your money out of the exchange via transfer.

I think this takes 3-5 days.

Behemoth

2,105 posts

132 months

Friday 21st July 2017
quotequote all
bigweb said:
If you buy in you could sell again 10 seconds later and pull your money out of the exchange via transfer.

I think this takes 3-5 days.
It depends on what coin, how liquid the exchange is on that coin, how much you are trading and whether the exchange and/or bank accepts the tx with the KYC/AML data they hold on you.

cavey76

419 posts

147 months

Saturday 5th August 2017
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Quick bookmark to travk this for later. I'm usually a S&S investor but some of the geeks in the office have me intrigued with cryptocurrency

cavey76

419 posts

147 months

Saturday 5th August 2017
quotequote all
Quick bookmark to travk this for later. I'm usually a S&S investor but some of the geeks in the office have me intrigued with cryptocurrency

cavey76

419 posts

147 months

Saturday 5th August 2017
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Quick bookmark to travk this for later. I'm usually a S&S investor but some of the geeks in the office have me intrigued with cryptocurrency

Luke.

11,001 posts

251 months

Sunday 10th December 2017
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Bump because I've just bought one whole coin.... hehe