New To Investing Thread

[The Big Train]

Holy crap guys Ethereum is up $26 since last week which is a 136% increase. It's also up by $33 since last month which is a 275% increase.

Up another $30 since Wednesday and now $115 per ETC.  I bought into this when it was selling in the $11-15 range

Currently selling in the mid $190 range.  Getting lucky is a pretty big understatement for the original projections on ETC.

[The Big Train]

[puniraptor]

is there room in the marketplace for more than 1 cryptocurrency long term or is this s vhs vs Betamax thing

[The Big Train]

is there room in the marketplace for more than 1 cryptocurrency long term or is this s vhs vs Betamax thing

There is absolutely more room than just having 1.  For the simple fact that Bitcoin doesn't seem to be going anywhere and Ether being the smart contract currency of the Ethereum network.  Ripple is also jumped into the number 2 spot and for the first time Bitcoin doesn't have at least 50% of the market.

[The Big Train]

Today was a bad day

[j rake]

ripple 

[steve dave]

j rake, how are you?

[j rake]

j rake, how are you?

good, thanks for asking! have been researching the crap out of ripple lately and remembered there was an investing thread here, so decided to return to see if there was any discussion about cryptocurrency. forgot this place existed somehow, maybe because ksu athletics is just super boring now.

[steve dave]

j rake, how are you?

good, thanks for asking! have been researching the crap out of ripple lately and remembered there was an investing thread here, so decided to return to see if there was any discussion about cryptocurrency. forgot this place existed somehow, maybe because ksu athletics is just super boring now.

gE has permanent residence in your dome. that makes me feel very good. we should get together and talk bad about our kansas state athletics again sometime.

[j rake]

j rake, how are you?

good, thanks for asking! have been researching the crap out of ripple lately and remembered there was an investing thread here, so decided to return to see if there was any discussion about cryptocurrency. forgot this place existed somehow, maybe because ksu athletics is just super boring now.

gE has permanent residence in your dome. that makes me feel very good. we should get together and talk bad about our kansas state athletics again sometime.

i'm in long beach area now, have been searching long and hard for fellow k-state fans. any out here? a car at the local grocery store had a powercat decal on it a few months back, so i took my sweet ol time waiting for this k-state alum to return to their vehicle in hopes of striking up conversation. alas, after five minutes, i gave up and drove off. the quest continues...

[steve dave]

j rake, how are you?

good, thanks for asking! have been researching the crap out of ripple lately and remembered there was an investing thread here, so decided to return to see if there was any discussion about cryptocurrency. forgot this place existed somehow, maybe because ksu athletics is just super boring now.

gE has permanent residence in your dome. that makes me feel very good. we should get together and talk bad about our kansas state athletics again sometime.

i'm in long beach area now, have been searching long and hard for fellow k-state fans. any out here? a car at the local grocery store had a powercat decal on it a few months back, so i took my sweet ol time waiting for this k-state alum to return to their vehicle in hopes of striking up conversation. alas, after five minutes, i gave up and drove off. the quest continues...

someday you'll run across sys and then we'll get some fireworks

[kim carnes]

I'm going to be in la tmrw.  Keeep your eyes peeled

[The Big Train]

Just bought a crap ton more LiteCoin

[The Big Train]

And I'm out

[chum1]

Amazing. I thought about buying a bitcoin 3-4 years ago for like $450, but didn't. If it does down to $1500, I'll consider it again.

[j rake]

Amazing. I thought about buying a bitcoin 3-4 years ago for like $450, but didn't. If it does down to $1500, I'll consider it again.

you and the reported 40,000 other donkeys who registered for coinbase accounts yesterday.

[sys]

hello there, j rake.

[The Big Train]

Since I'm out of the crypto game for a bit I've started looking into other investing things.  Has or does anyone use SeekingAlpha?  I love the content and they have a really good app too.

[sys]

i read stuff there.  a lot of the content is drivel, some is good.

[ben ji]

What kind of "Retirement Account" can you drop $200,000 into at 1 time?

Bob Stoops Contract
College: Oklahoma Conference: Big 12
Base compensation
2014 guaranteed money: $5,250,000
Contract guaranteed money $49,000,000
contract length: 9 years
start date: Jan. 1, 2012
amended: June 25, 2014
end date: Dec. 31, 2020
2014 base salary: $325,000
Incentives
contractual raises:
additional guaranteed annual compensation: For PR/equipment/recruiting/public speaking
2012: $3,325,000
2013: $3,525,000
2014: $4,025,000
2015: $4,375,000
2016-2020: $150,000 raise each year
retention bonus: $700,000 every June 1 he remains head coach
$200,000 deposited in retirement account on Jan. 1, 2012 and on Jan. 1, 2014 if he's still head coach
conference regular season:
conference championship: $66,000 if co-champs but not automatic qualifier
$88,000 if outright champs
non bcs bowl bid: $71,500
non bcs bowl win:
bcs bowl appearance: $110,000
bcs bowl win:
college football playoff:
national championship bid: $165,000
national championship: $275,000
conference coach of the year: $33,000
national coach of the year: $66,000
national poll: Final top 20: $55,000
Top 10: $82,500
miscellaneous team performance based incentives:
academic or off field incentives: grad rate 65% or higher: $44,000
75% or higher: $55,000
85% or higher: $66,000
100%: $110,000

[yoga-like_abana]

Since I'm out of the crypto game for a bit I've started looking into other investing things.  Has or does anyone use SeekingAlpha?  I love the content and they have a really good app too.

thoughts on z cash.. I did finally pull the trigger on some litecoin the other day

[sys]

What kind of "Retirement Account" can you drop $200,000 into at 1 time?

a non tax-advantaged account.

[Emo EMAW]

Worlds worst accountant.

[The Big Train]

Since I'm out of the crypto game for a bit I've started looking into other investing things.  Has or does anyone use SeekingAlpha?  I love the content and they have a really good app too.

thoughts on z cash.. I did finally pull the trigger on some litecoin the other day

It's pretty ambiguous if you don't read the release notes.  An open ledger is kind of what blockchain is built on, but I could see where a closed open blockchain could be beneficial. Very interesting for sure, I'll do more research.

On litecoin, you bought most likely at a good time. HOWEVER the market flows and follows Bitcoin WAY more than it should. Bitcoin is on the up again but there are some projections that it will tumble like it did in 2013.  Idk if it will actually happen but be on the lookout.

[The Big Train]

Welp that was quick