Quote:
Originally Posted by jscott
why is all that necessary... just open gemini acct and buy ETH there. gemini is an exchange and wallet with 2Fa
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Because us n00bs have no idea what gemini is
Quote:
Originally Posted by jscott
but why would you suggest ETH anyways? i'd go ripple before go for ETH. Japan could eventually launch ripple into higher % gains imo
still BTC is by far best for those who want the long term best gains
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obviously can't speak for the OP, but I've been looking at ETH for a while (as in about a month) after it popped up as a big deal regarding blockchain technology. Obviously the coin is an offshoot of their blockchain work, and while I don't pretend to know anything at all about blockchain 'stuff' (still trying to source a decent book for dummies on the subject), I read enough to make me think it was worth gambling with a few $k long-term. I actually dallied that I could have bought at $16 and trebled my initial outlay (well, sold 2/3 and then had 'free' eth to hold longer term) so meh on that.
I'm aware enough to realise I may have fell for a load of hype, and that the stuff I read about eth was written through rose-tinted glasses - after all, I do know pretty much fuck all about the technology itself, time will tell I guess. I'd be interested to read any (extremely) layman terms stuff on blockchain though if you have anything you can recommend. Book form is preferable to web articles, though those are fine too
Have some btc for long term, though do dabble in shorter term trading, not sure I'd be looking to get into much of that short term trading that ripple strikes me as, unless there are long-term pro's I'm unaware of (highly likely, ha!) with other crypto coins.