boy, many questions: Is there a "best" secure site for buying and selling Bitcoins? [current quote, or close, and getting close to the current price, in execution] I'm looking at Bitcoinwisdom.com - is this a live current price of a bitcoin? I looked at one buy/sell site, and the price was Way different from Bitcoinwisdom thanks marc
I am also looking a site like that, and I am based in Asia, so I prefer a Asian site for exchanging BTC. If anyone know, please advise.
On the top line is the name of the exchange where bitcoinwisdom get the data from. Point your browser to www.bitstamp.net or www.btc-e.com open an account and fund it. btc-e do not accept wires from US banks. Buy bitcoin.
www.bitfinex.com and www.anxbtc.com are in hong kong, www.btcchina.com and www.huobi.com are in China.
I would rather buy dogecoins, and here is why: There are more dogecoin trades done than all the cryptocurrencies combined, even though the market cap for dogecoin is only around 70 million dollars and i think bitcoin at 6 billion. But doge has risen 10 times faster. Perhaps you can let the word out on doge there will be a price doubling come 2-4 May... this is kind of insider info Its simple to buy. Buy bitcoin at some exchange (bitstamp is one), then exchange your bitcoin for doge on cryptsy or vault of satoshi), then send your dogecoins to your dogewallet on your desktop, either multidoge or wowdoge wallets you can keep on your computer and back up on a flashdisk so no hackers can steal it online like mt. goxx. So yes I will buy bitcoins, from bitx.co.za (a south african bitcoin exchange). I would suggest vault of satoshi or bitstamp, but store my bitcoins on an offline wallet like Multibit, which you can make a duplicate backup on a CD/DVD or flashdisk. Only buy your coins on an exchange, don't store them online. The online terrain is rife with hackers and criminals. Store your coins OFFLINE in multibit on your desktop computer instead! And password protect. And never, ever lose that password or you will never see your coins again. But yes, backup! Multibit bitcoin wallet, desktop! But back to doge coin: Doge coin is getting way more popular and is more stable due to its inflationary model.... And they're sponsoring a nascar racer with dogecoin on 2-4 May. The last time they sponsored someone, the Jamaican Bobsled team in Sochi, the value soared over 200%. IDEAL investment opportunity! Don't say I didn't warn you though, lol. There are cryptocurrency indices if you know where to look for them. If you look at on coinwarz' they have very nice doge to dollar exchange rate charts, you can easily read the news frenzy and see the price spikes on the charts related timeously lol I thought you might find this interesting. its the only altcoin that is making real headway in terms of broad adoption as an internet currency, even moreso than bitcoin, even though its worth far less. Hence, the "chance" for more profits. You might enjoy this quote as well: The Cretan king Rhadamanthus is said to have forbidden his subjects to swear by the gods, suggesting that they instead swear by the ram, the goose or the plane tree. Socrates favored the "Rhadamanthine" oath "by the dog", with 'the dog' often interpreted as referring to the bright "Dog Star", i.e., Sirius. Socrates in the Apology, a classic of philosophy texts, says: By the dog, I swear. (Buy the doge, I swear!). Seriously though I know its ridiculous, but yes there are more dogecoin trades than all cryptocurrency trades combined, regardless of the market cap, that makes it literally more popular. Just people have not put much money in it yet, since its early days. But it already exploded from 7 to 70 million in 3 months after the Jamaican Boblsed team sponsorship in sochi on Feb 12, the announcement of the sponsorship on jan 21 also caused a huge spike. Now the nascar sponsorship we expect large gains in early May (2-4) I think the market cap is down to middle 35 million dollars, up from 0 in early december. So yeah, you think I'm crazy for suggesting this, but 4 months ago doge coin was worth $0 and now its worth $35million +, and was double that a while ago during price spikes.... heed well my words. However I am hoping members won't sell off on the spike, though I'm sure they will, and make great profit, but the idea is to hold onto the currency most importantly on a spike because then it will create a plateau and receive more appreciation, having moved into a higher tier. We of course know people won't listen to this and I too will sell off half my dogecoins in May 2-4. I expect at least 200% profits. I am putting about 95% of my inheritance of actual fiat money into dogecoin cryptocurrency so. Anyways, cheerio! Such passion!
why is doge doubling on may 2-4? the price of doge dropped by more than 50% in the last month or so. :eek:
doge coin market cap= $35 million. source= coinmarketcap.com. dogecoin is running neck and neck with peercoin for market cap. the reality is that litecoin's intraday movements are frequently greater than dogecoin's market cap. there will always be imposter coins with a quirky and disposable marketing niches to appeal to the very young and very old people that missed the boat on the latest rally. as per dogecoin's inflationary model: I'd rather stick with dollars. they are more stable and just as likely to lose value over time.
I use localbitcoins for both buying and selling of bitcoins and have had no problems since i started. Hope you check them out.
I like the Bitstamp website, because they have Limit Orders but it doesn't look easy to make a deposit, from the USA is there a site, just as good [limit orders], that is more convenient, to deposit & withdraw from the US? marc
if you are in the us, you should only use coinbase.com, it is one of the most reliable and less risky sites to acquire bitcoin. The website itself is also well designed and hooks directly to your checking account like most ach transfers.