A beginner’s guide to getting started in the cryptocurrency world

Re:A beginner’s guide to getting started in the cryptocurren... by arca_vorago on Sunday December 10, 2017 @01:20PM (#15892664)

I got into bitcoin in the early days. I'll spare you my whining about how I could have been a millionaire, but I eventually wrote it off. Now, many years later, I remember my reasoning, and to some degree it still stands.

Anonymity is the killer feature of a currency.

This is why right now I am keeping an eye on Monero more than anything.

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Re:A beginner’s guide to getting started in the cryptocurren... by stordoff on Sunday December 10, 2017 @10:12PM (#15894887)

I did similar - mined ~50BTC and sold them almost immediately for little over 1USD each. Stings a little TBH, but I stand by my reasoning at the time (cash now is more valuable than potential cash in the future [I was broke at the time], and I didn't expect Bitcoin to be more than a bubble).

I do now have a server mining Monero which I'll probably hold on to for a longer term though (I'm paying a fixed fee per month for it, so when it's otherwise idle it doesn't cost anything extra to start it mining).

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Re:A beginner’s guide to getting started in the cryptocurren... by aphextron on Sunday December 10, 2017 @11:38PM (#15895189)

>Anonymity is the killer feature of a currency.

How is Bitcoin any more anonymous than cash?

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Re:A beginner’s guide to getting started in the cryptocurren... by 7171u on Monday December 11, 2017 @12:32AM (#15895334)

He meant Monero not Bitcoin.

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