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The Great Penny Crypto Experiment of 2018

 
Victor Vectors

User ID: 71388910
United States
01/01/2018 11:55 PM
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Re: The Great Penny Crypto Experiment of 2018
Genius experiment. hf
Anonymous Coward
User ID: 33651084
United States
01/02/2018 12:06 AM
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Re: The Great Penny Crypto Experiment of 2018
I have no idea how to purchase these "currencies" can someone do me a solid and inform me of how to do it? Thanks!
 Quoting: Outoftheloop 25190114

I'm new to this, but the way I did it was to set up an account with Coinbase...

[link to www.coinbase.com (secure)]

Add a Visa/Master Card to the Linked Accounts area.

I then purchased some Litecoin.

Next I made an account with Cryptopia...

[link to www.cryptopia.co.nz (secure)]

Then I copied my wallet deposit address for Litecoin to Coinbase and sent the Litecoins from Coinbase to Cryptopia.

Note that there are transaction fees for this.

Once that's done, you can purchase all kinds of coins.

For more details, just go to YouTube and look for 'How to' videos.

banana2
 Quoting: Base12


Making it easy for those who are new to this, I like it!

Another great exchange for low cost tokens is kucoin exchange. I've been making massive gains on everything I touch there. [link to www.kucoin.com (secure)]
Victor Vectors

User ID: 71388910
United States
01/02/2018 12:18 AM
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Re: The Great Penny Crypto Experiment of 2018
I have no idea how to purchase these "currencies" can someone do me a solid and inform me of how to do it? Thanks!
 Quoting: Outoftheloop 25190114

I'm new to this, but the way I did it was to set up an account with Coinbase...

[link to www.coinbase.com (secure)]

Add a Visa/Master Card to the Linked Accounts area.

I then purchased some Litecoin.

Next I made an account with Cryptopia...

[link to www.cryptopia.co.nz (secure)]

Then I copied my wallet deposit address for Litecoin to Coinbase and sent the Litecoins from Coinbase to Cryptopia.

Note that there are transaction fees for this.

Once that's done, you can purchase all kinds of coins.

For more details, just go to YouTube and look for 'How to' videos.

banana2
 Quoting: Base12


Making it easy for those who are new to this, I like it!

Another great exchange for low cost tokens is kucoin exchange. I've been making massive gains on everything I touch there. [link to www.kucoin.com (secure)]
 Quoting: Anonymous Coward 33651084


Thanks, I think I am going to make a basket like the poster and try it for a year. The coinbase exchange only handles a few coins.

Happy New Year and happy Electronic Numismatics!!!!!!!!! hf


Numismatics
is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods.....
[link to en.wikipedia.org (secure)]
Anonymous Coward
User ID: 127
United States
01/02/2018 05:38 PM
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Re: The Great Penny Crypto Experiment of 2018
Cryptopia just upped their minimum trade to 500 Dogecoins.
Base12  (OP)

User ID: 72954797
United States
01/02/2018 06:51 PM
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Re: The Great Penny Crypto Experiment of 2018
Cryptopia just upped their minimum trade to 500 Dogecoins.
 Quoting: Anonymous Coward 127

First of all...

User ID 127? Dang!

Second...

That totally Bytes!

One of the main reasons why people use Cryptopia is that the 'little guy' can have fun day trading and investing with little money. It was the whole point of this thread.

I sure hope this is temporary.

Here is a post I found...

Server size and, server load or even people "spamming with 11DOGE trades" has nothing to do with that decision. If that was the case I think they would have also increased the trading pairs for other markets. For example. It is perfectly possible to buy 300 DOGE using LTC (based on the trade cap of DOGE/LTC visit the market and confirm this). If the reason the mininimum price has increased had to do with technical reasons then surely they would have changed all the pairings.

I think that the real reason probably lies somewhere in between what I speculated above. In my opinion whatever advice they're listening to from their CFO or experts or whatever was ill considered because of one factor and one factor alone.

At 500DOGE per transactionit is no longer possible to trade as a small time enthusiast who supports the community. It is certainly not adviseable either.

At the time I'm writing this 500DOGE on Cryptopia would set you back 4.70939499USD. That is a ridiculous jump from the 9cents it used cost when I put my computer to sleep last night. I get that Cryptopia is a business and needs to make money, but, trading in DOGE was the great democratiser where the small guy could come in and use these currencies to trade, learn, contribute to the community and maybe make a little on the margins, maybe enough to park it on LTC or whatever and hodl until kingdom come. In my opinion this policy change goes against what cryptocurrencies stand for, it goes against the spirit of the product and it shows a willingess to simply plummet the depths of "traditional banking" and market regulation in the altar of profit.

I do hope you guys will revise this. If nothing else to prove that our community is not just "old money" albeit done a different way


[link to www.cryptopia.co.nz (secure)]
Visit my website...
[link to www.mostholyplace.com]
Base12  (OP)

User ID: 72954797
United States
01/02/2018 06:53 PM
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Re: The Great Penny Crypto Experiment of 2018
I wonder if it has to do with Trump's new Crypto Taxes...


Visit my website...
[link to www.mostholyplace.com]
Base12  (OP)

User ID: 72954797
United States
01/02/2018 06:59 PM
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Re: The Great Penny Crypto Experiment of 2018
In other news...

We're up to $80.00 already!

$30.00 profit practically overnight.

oops2
Visit my website...
[link to www.mostholyplace.com]
Anonymous Coward
User ID: 76015243
United Kingdom
01/02/2018 07:02 PM
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Re: The Great Penny Crypto Experiment of 2018
Cryptopia just upped their minimum trade to 500 Dogecoins.
 Quoting: Anonymous Coward 127


Not for me. .0005 btc as before. What currency are you trading in?
Anonymous Coward
User ID: 76015243
United Kingdom
01/02/2018 07:04 PM
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Re: The Great Penny Crypto Experiment of 2018
In other news...

We're up to $80.00 already!

$30.00 profit practically overnight.

oops2
 Quoting: Base12


On which currency or currencies made the most?
Anonymous Coward
User ID: 76015243
United Kingdom
01/02/2018 07:07 PM
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Re: The Great Penny Crypto Experiment of 2018
If anyone wants a good youtube channel to learn some trading skills and tips, check out altcoin buzz, [link to www.youtube.com (secure)]

He [Jeff] seems like a normalish guy and doesn't beg for stuff or ask you to join some course like lots of the other guys do. His subs have skyrocketted recently and he puts out lots of videos.
Anonymous Coward
User ID: 74813820
United States
01/02/2018 07:10 PM
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Re: The Great Penny Crypto Experiment of 2018
This is awesome! How did you choose the coins? Excited to watch where this goes and will probably have to do this myself!
Anonymous Coward
User ID: 74788305
United States
01/02/2018 07:10 PM
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Re: The Great Penny Crypto Experiment of 2018
bumpTo follow.
Base12  (OP)

User ID: 72954797
United States
01/02/2018 07:44 PM
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Re: The Great Penny Crypto Experiment of 2018
Cryptopia just upped their minimum trade to 500 Dogecoins.
 Quoting: Anonymous Coward 127


Not for me. .0005 btc as before. What currency are you trading in?
 Quoting: Anonymous Coward 76015243

.0005 BTC is about $7.50 right now for a minimum purchase.

Cryptopia has a section that allows trading in Dogecoin which before was only $0.10 minimum.

Now it's $4.50 minimum purchase or 500 Doge.
Visit my website...
[link to www.mostholyplace.com]
Base12  (OP)

User ID: 72954797
United States
01/02/2018 07:51 PM
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Re: The Great Penny Crypto Experiment of 2018
In other news...

We're up to $80.00 already!

$30.00 profit practically overnight.

oops2
 Quoting: Base12


On which currency or currencies made the most?
 Quoting: Anonymous Coward 76015243

The easiest way to check is to go to the link in the OP...

[link to cointracking.info (secure)]

...and sort by most gains.

You can do 1 hour, 24hrs, a week and a month.

If I sort for the last 24hrs, the highest gainer would be G-Coin...

[link to coinmarketcap.com (secure)]

If I sort for 30days, the winner is Pac Coin...

[link to coinmarketcap.com (secure)]

Just remember that a lot of these are going through 'pump & dump'.

However, if One is clever, One can take advantage of this with Day Trading.

goodnews
Visit my website...
[link to www.mostholyplace.com]
Base12  (OP)

User ID: 72954797
United States
01/02/2018 07:52 PM
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Re: The Great Penny Crypto Experiment of 2018
If anyone wants a good youtube channel to learn some trading skills and tips, check out altcoin buzz, [link to www.youtube.com (secure)]

He [Jeff] seems like a normalish guy and doesn't beg for stuff or ask you to join some course like lots of the other guys do. His subs have skyrocketted recently and he puts out lots of videos.
 Quoting: Anonymous Coward 76015243

I'm subscribed to that channel.

goofy thum
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[link to www.mostholyplace.com]
Base12  (OP)

User ID: 72954797
United States
01/02/2018 07:54 PM
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Re: The Great Penny Crypto Experiment of 2018
This is awesome! How did you choose the coins? Excited to watch where this goes and will probably have to do this myself!
 Quoting: Anonymous Coward 74813820

I sorted by prices and went down the list starting from a penny on down.

Many I have not researched, so be careful!

A few I skipped like Ox Fina...

[link to coinmarketcap.com (secure)]

I really wanted to get some however it looks like it may be a scam...

[link to bitcointalk.org (secure)]
Visit my website...
[link to www.mostholyplace.com]
Anonymous Coward
User ID: 74993099
United Kingdom
01/02/2018 07:59 PM
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Re: The Great Penny Crypto Experiment of 2018
Cryptopia just upped their minimum trade to 500 Dogecoins.
 Quoting: Anonymous Coward 127


Not for me. .0005 btc as before. What currency are you trading in?
 Quoting: Anonymous Coward 76015243

.0005 BTC is about $7.50 right now for a minimum purchase.

Cryptopia has a section that allows trading in Dogecoin which before was only $0.10 minimum.

Now it's $4.50 minimum purchase or 500 Doge.
 Quoting: Base12


yes this sucks complain on their forum theres a few threads about this already
Anonymous Coward
User ID: 76015243
United Kingdom
01/02/2018 08:21 PM
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Re: The Great Penny Crypto Experiment of 2018
Cryptopia just upped their minimum trade to 500 Dogecoins.
 Quoting: Anonymous Coward 127


Not for me. .0005 btc as before. What currency are you trading in?
 Quoting: Anonymous Coward 76015243

.0005 BTC is about $7.50 right now for a minimum purchase.

Cryptopia has a section that allows trading in Dogecoin which before was only $0.10 minimum.

Now it's $4.50 minimum purchase or 500 Doge.
 Quoting: Base12


damn, that would have made my life a lot cheaper
Anonymous Coward
User ID: 76015243
United Kingdom
01/02/2018 08:24 PM
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Re: The Great Penny Crypto Experiment of 2018
If anyone wants a good youtube channel to learn some trading skills and tips, check out altcoin buzz, [link to www.youtube.com (secure)]

He [Jeff] seems like a normalish guy and doesn't beg for stuff or ask you to join some course like lots of the other guys do. His subs have skyrocketted recently and he puts out lots of videos.
 Quoting: Anonymous Coward 76015243

I'm subscribed to that channel.

goofy thum
 Quoting: Base12


hf
Anonymous Coward
User ID: 127
United States
01/02/2018 09:37 PM
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Re: The Great Penny Crypto Experiment of 2018
Cryptopia just upped their minimum trade to 500 Dogecoins.
 Quoting: Anonymous Coward 127


Not for me. .0005 btc as before. What currency are you trading in?
 Quoting: Anonymous Coward 76015243

.0005 BTC is about $7.50 right now for a minimum purchase.

Cryptopia has a section that allows trading in Dogecoin which before was only $0.10 minimum.

Now it's $4.50 minimum purchase or 500 Doge.
 Quoting: Base12


yes this sucks complain on their forum theres a few threads about this already
 Quoting: Anonymous Coward 74993099


Right, and what I think this means is that it costs that much to buy AND sell. Meaning, as things stand right now, you can't sell any of your penny coins until each of their total value equals about $7.50.

Correct me if I'm wrong...
Anonymous Coward
User ID: 68039449
United States
01/03/2018 12:33 AM
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Re: The Great Penny Crypto Experiment of 2018
Hey everyone.

I just created an experimental 'Penny Crypto' investment portfolio to celebrate New Years 2018...

[link to cointracking.info (secure)]

The parameters are...

Total Cryptocurrencies:
100 Unique Coins

Purchase Quantity: 100 ea. for a Total of 10,000 Coins

Starting Price: Roughly a Penny and Under

Initial Investment Cost: $50.00 USD

Exchange Used: Cryptopia


The goal is to see how each Coin performs throughout the year and of course to see how much profit we made (if any).

Will one of these become the next BitCoin?

Who will be the top performer?

Will we become FonzieCoin Millionaires from just a twenty cent investment?

Stay tuned and see!

:fonz:
 Quoting: Base12



buy some wagerr now! their platform is launching JAN 15th then to the moooonn!!
Anonymous Coward
User ID: 68039449
United States
01/03/2018 12:34 AM
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Re: The Great Penny Crypto Experiment of 2018
[link to coinmarketcap.com (secure)]
Base12  (OP)

User ID: 72954797
United States
01/03/2018 12:59 AM
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Re: The Great Penny Crypto Experiment of 2018
 Quoting: Anonymous Coward 68039449

Thanks for posting that.

Lots of buzz around this one for sure...

[link to bitcointalk.org (secure)]
Visit my website...
[link to www.mostholyplace.com]
Anonymous Coward
User ID: 73843397
United States
01/03/2018 04:14 AM
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Re: The Great Penny Crypto Experiment of 2018
OK! I've had enough! I'm gonna copy you like a copycat!
Base12  (OP)

User ID: 72954797
United States
01/03/2018 11:15 AM
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Re: The Great Penny Crypto Experiment of 2018
OK! I've had enough! I'm gonna copy you like a copycat!
 Quoting: Anonymous Coward 73843397

D0ITdoIT
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Base12  (OP)

User ID: 72954797
United States
01/03/2018 04:39 PM
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Re: The Great Penny Crypto Experiment of 2018
What the???

Am I seeing things?

$170.00 already?

[link to cointracking.info (secure)]

Somebody is dumping tons of $$$ into several of these coins today.
gasp
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[link to www.mostholyplace.com]
KipKat

User ID: 72389407
Netherlands
01/03/2018 04:44 PM

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Re: The Great Penny Crypto Experiment of 2018
What the???

Am I seeing things?

$170.00 already?

[link to cointracking.info (secure)]

Somebody is dumping tons of $$$ into several of these coins today.
gasp
 Quoting: Base12


You'll be a millionaire by the end of the year!

5a


Wish I copied you from day 1... :(
:kkwapper:
Base12  (OP)

User ID: 72954797
United States
01/03/2018 04:47 PM
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Re: The Great Penny Crypto Experiment of 2018
What the???

Am I seeing things?

$170.00 already?

[link to cointracking.info (secure)]

Somebody is dumping tons of $$$ into several of these coins today.
gasp
 Quoting: Base12


You'll be a millionaire by the end of the year!

5a

Wish I copied you from day 1... :(
 Quoting: KipKat

Lol. Did you see it at $170.00?

Now it shows $86.00.

Not sure what happened there.

hiding
Visit my website...
[link to www.mostholyplace.com]
KipKat

User ID: 72389407
Netherlands
01/03/2018 05:15 PM

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Re: The Great Penny Crypto Experiment of 2018
What the???

Am I seeing things?

$170.00 already?

[link to cointracking.info (secure)]

Somebody is dumping tons of $$$ into several of these coins today.
gasp
 Quoting: Base12


You'll be a millionaire by the end of the year!

5a

Wish I copied you from day 1... :(
 Quoting: KipKat

Lol. Did you see it at $170.00?

Now it shows $86.00.

Not sure what happened there.

hiding
 Quoting: Base12


Yeah, I saw it at 170. Didn't look at which coin was responsible, mayor pump and dump though!

86 is still a very nice result in 2 days, congrats!
:kkwapper:
rammsteinregeln

User ID: 63806418
United States
01/03/2018 05:26 PM

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Re: The Great Penny Crypto Experiment of 2018
What the???

Am I seeing things?

$170.00 already?

[link to cointracking.info (secure)]

Somebody is dumping tons of $$$ into several of these coins today.
gasp
 Quoting: Base12


You'll be a millionaire by the end of the year!

5a

Wish I copied you from day 1... :(
 Quoting: KipKat

Lol. Did you see it at $170.00?

Now it shows $86.00.

Not sure what happened there.

hiding
 Quoting: Base12


Yeah, I saw it at 170. Didn't look at which coin was responsible, mayor pump and dump though!

86 is still a very nice result in 2 days, congrats!
 Quoting: KipKat


Exactly why it's important to diversify :)

I'm in 19 cryptos, 17 of them alt-coins, and have gone from $10k to $12k in about 24 hours (currently have no BTC).





GLP