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The Great Penny Crypto Experiment of 2018

 
Anonymous Coward
User ID: 73251719
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01/01/2018 06:59 PM
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Re: The Great Penny Crypto Experiment of 2018
BWHAHAHAHAHA all you Penny Crypto are belong to us now !

applause2
 Quoting: Anonymous Coward 75789851


Im creating an account now to do Penny Crypto's very first PUMP and DUMP !
 Quoting: Anonymous Coward 75789851


scheming
Putin's Voluntaryist

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01/01/2018 07:02 PM
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Re: The Great Penny Crypto Experiment of 2018
There’s a good chance McAfee will pump one of those coins in 2018 and you’ll make 5-10x (as long as you sell at the peak).
Anonymous Coward
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01/01/2018 07:13 PM
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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

Why Cryptopia over Bitterx?
Truthserum

User ID: 69911686
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01/01/2018 07:22 PM
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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


So, you created the crypto coins or just an exchange?
FACTS Don't Give a DAMN about your FEELINGS!
Anonymous Coward
User ID: 37479507
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01/01/2018 07:33 PM
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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


So, you created the crypto coins or just an exchange?
 Quoting: Truthserum


121-JIGAwat
bingo-NI
justk1ddn2
Anonymous Coward
User ID: 71294468
United Kingdom
01/01/2018 07:41 PM
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Re: The Great Penny Crypto Experiment of 2018
I did the same thing 4 years ago. With 8 shit coins, 3 went up but the other 5 either stayed the same or lost value.
Anonymous Coward
User ID: 69987138
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01/01/2018 08:05 PM
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Re: The Great Penny Crypto Experiment of 2018
Kinda doing the same thing. Putting some serious thought into gpu mining large scale with alt coin.
 Quoting: Anonymous Coward 76027377


You are late to the party...
 Quoting: Armchair General


The party has just started. I put together 26 GPU farm in my workshop 4 months ago.

1 month: $1900 -
2 month: $2900
3 month: $3800 - started pair trading alt coins to BTC
4 month $4600 - 3/4 way through, undervolting and overclocking to perfection, running at 55-60 C. 0 down times. Upgraded electricity to 6 20 Amp circuits


So in 4 months I have payed off 1/2 of original investment. Havent made money except that I can sell the 2 - 13 GPU units for more than I built it them for.

When I pay this off, in next 2 months. I will mine only alt coins and collect to the balance of my 2 BTC that I bought 2 years ago and pair trade to infinity. My only hope is BTC goes down haha and then back up and then back down...
gebahie

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01/01/2018 08:11 PM

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Re: The Great Penny Crypto Experiment of 2018
itcoins
Base12  (OP)

User ID: 72954797
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01/01/2018 08:41 PM
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Re: The Great Penny Crypto Experiment of 2018
Why Cryptopia over Bitterx?
 Quoting: Anonymous Coward 75338848

One of the owners of Cryptopia is a GLPr.

He posts here now and again. I don't want to give out the name in case he wants privacy.
Visit my website...
[link to www.mostholyplace.com]
Armchair General
The Only 5-star General on GLP

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01/01/2018 08:46 PM

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Re: The Great Penny Crypto Experiment of 2018
Why Cryptopia over Bitterx?
 Quoting: Anonymous Coward 75338848

One of the owners of Cryptopia is a GLPr.

He posts here now and again. I don't want to give out the name in case he wants privacy.
 Quoting: Base12


kittens
-Armchair General-

"No man is entitled to the blessings of freedom unless he be vigilant in its preservation." -General of the Army Douglas MacArthur

"I served in all commissioned ranks from Second Lieutenant to Major General and during that period, I spent most of my time being a high-class muscle man for big business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism." -Major General Smedley D. Butler, USMC - 1933

Pronouns: Sir/General/That Bastard
CROW

User ID: 70837538
Australia
01/01/2018 08:57 PM
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Re: The Great Penny Crypto Experiment of 2018
I have some Dogecoin and just bought some Electroneum.
Question: Is there a multi coin wallet?
If so, whats the best one?
Thanks in advance.
Time is too long. Space is too big.
Anonymous Coward
User ID: 76015243
United Kingdom
01/01/2018 09:06 PM
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Re: The Great Penny Crypto Experiment of 2018
I have some Dogecoin and just bought some Electroneum.
Question: Is there a multi coin wallet?
If so, whats the best one?
Thanks in advance.
 Quoting: CROW


:D

Doge. Why doge? If you trade it you might be able to make a bit of money on minor increases but it has no real long term value. It has a technically unlimited supply and was created as a joke.

Electroneum was my first crypto, I bought at ICO.

You can buy multi coin hardware wallets but often holding in the currency relevant wallet can have benefits.
CROW

User ID: 70837538
Australia
01/01/2018 09:10 PM
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Re: The Great Penny Crypto Experiment of 2018
I have some Dogecoin and just bought some Electroneum.
Question: Is there a multi coin wallet?
If so, whats the best one?
Thanks in advance.
 Quoting: CROW


:D

Doge. Why doge? If you trade it you might be able to make a bit of money on minor increases but it has no real long term value. It has a technically unlimited supply and was created as a joke.

Electroneum was my first crypto, I bought at ICO.

You can buy multi coin hardware wallets but often holding in the currency relevant wallet can have benefits.
 Quoting: Anonymous Coward 76015243


I bought $25 in Dogecoin a few years ago as a joke and forgot it.
2 weeks ago I found the wallet in my computer and it was worth $316 :)

So I used it and bought electroneum.

So I guess Ill have to get multiple wallets then.
Time is too long. Space is too big.
Anonymous Coward
User ID: 75991922
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01/01/2018 09:14 PM
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Re: The Great Penny Crypto Experiment of 2018
What's most likely to happen here is one of those coins is going to end up taking over a huge portion of the pie. Right now, it's almost in equal slivers. By end of the year, it might be 1, 2 or 3 large chunks and a tons of tiny slivers. The main risk of losing money here is if your coins get stolen, otherwise you should do great.
Anonymous Coward
User ID: 76015243
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01/01/2018 09:15 PM
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Re: The Great Penny Crypto Experiment of 2018
I have some Dogecoin and just bought some Electroneum.
Question: Is there a multi coin wallet?
If so, whats the best one?
Thanks in advance.
 Quoting: CROW


:D

Doge. Why doge? If you trade it you might be able to make a bit of money on minor increases but it has no real long term value. It has a technically unlimited supply and was created as a joke.

Electroneum was my first crypto, I bought at ICO.

You can buy multi coin hardware wallets but often holding in the currency relevant wallet can have benefits.
 Quoting: Anonymous Coward 76015243


I bought $25 in Dogecoin a few years ago as a joke and forgot it.
2 weeks ago I found the wallet in my computer and it was worth $316 :)

So I used it and bought electroneum.

So I guess Ill have to get multiple wallets then.
 Quoting: CROW

Nice. Yeah, I think multiple wallets is the way to go. Hopefully I'll invest in hardware wallets for the big coins and have a second laptop unplugged from the net for my other coins with a ghosted h/drive locked away for safety or multiple flash drives.
Chuckles

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01/01/2018 09:23 PM
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Re: The Great Penny Crypto Experiment of 2018
I'm totally going to do this. Brilliant.
"Anything worth doing is worth doing badly."
-G.K. Chesterton

"Look at me... being all human."
-Android 17
Crypto-Tard
User ID: 75110381
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01/01/2018 09:37 PM
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Re: The Great Penny Crypto Experiment of 2018
You should have put FLASH in there. Already 4x over last week. Could be a big performer.
Anonymous Coward
User ID: 75991922
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01/01/2018 09:39 PM
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Re: The Great Penny Crypto Experiment of 2018
I'm totally going to do this. Brilliant.
 Quoting: Chuckles


There's millions more people like this, which is why this idea is likely to work out.
Anonymous Coward
User ID: 73573697
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01/01/2018 09:47 PM
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Re: The Great Penny Crypto Experiment of 2018
Why Cryptopia over Bitterx?
 Quoting: Anonymous Coward 75338848

One of the owners of Cryptopia is a GLPr.

He posts here now and again. I don't want to give out the name in case he wants privacy.
 Quoting: Base12


I hear they charge 5.5 bitcoins to get your coin on the exchange

Cryotopia is ok never had a problem with them
Anonymous Coward
User ID: 73573697
United States
01/01/2018 09:48 PM
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Re: The Great Penny Crypto Experiment of 2018
I have some Dogecoin and just bought some Electroneum.
Question: Is there a multi coin wallet?
If so, whats the best one?
Thanks in advance.
 Quoting: CROW


:D

Doge. Why doge? If you trade it you might be able to make a bit of money on minor increases but it has no real long term value. It has a technically unlimited supply and was created as a joke.

Electroneum was my first crypto, I bought at ICO.

You can buy multi coin hardware wallets but often holding in the currency relevant wallet can have benefits.
 Quoting: Anonymous Coward 76015243


I bought $25 in Dogecoin a few years ago as a joke and forgot it.
2 weeks ago I found the wallet in my computer and it was worth $316 :)

So I used it and bought electroneum.

So I guess Ill have to get multiple wallets then.
 Quoting: CROW


Why would you by that shit coin when stellar lumens was 30 cents at the time I will be 5$ at the end of the year?

Stay away from shit coins
OU8122

User ID: 62195609
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01/01/2018 10:10 PM

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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


Why is the transfer step necessary? Why not just open an account in Cryptopia?
OU8122
Base12  (OP)

User ID: 72954797
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01/01/2018 10:15 PM
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Re: The Great Penny Crypto Experiment of 2018
Why is the transfer step necessary? Why not just open an account in Cryptopia?
 Quoting: OU8122

As far as I know, they don't have the ability to use a credit card to purchase coins yet.

Correct me if I'm wrong. I'd love to cut out the Coinbase Middle Man.
Visit my website...
[link to www.mostholyplace.com]
Armchair General
The Only 5-star General on GLP

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01/01/2018 10:17 PM

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Re: The Great Penny Crypto Experiment of 2018
Why is the transfer step necessary? Why not just open an account in Cryptopia?
 Quoting: OU8122

As far as I know, they don't have the ability to use a credit card to purchase coins yet.

Correct me if I'm wrong. I'd love to cut out the Coinbase Middle Man.
 Quoting: Base12


I think it has to do more with people being able to easily dispute charges with a credit card and keeping the crypto.
-Armchair General-

"No man is entitled to the blessings of freedom unless he be vigilant in its preservation." -General of the Army Douglas MacArthur

"I served in all commissioned ranks from Second Lieutenant to Major General and during that period, I spent most of my time being a high-class muscle man for big business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism." -Major General Smedley D. Butler, USMC - 1933

Pronouns: Sir/General/That Bastard
OU8122

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01/01/2018 10:17 PM

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Re: The Great Penny Crypto Experiment of 2018
Why is the transfer step necessary? Why not just open an account in Cryptopia?
 Quoting: OU8122

As far as I know, they don't have the ability to use a credit card to purchase coins yet.

Correct me if I'm wrong. I'd love to cut out the Coinbase Middle Man.
 Quoting: Base12


Got it, thank you. I had no idea at all but have read many people do what you are doing so you are likely correct.

I appreciate the education
OU8122
Anonymous Coward
User ID: 69198262
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01/01/2018 10:55 PM
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Re: The Great Penny Crypto Experiment of 2018
Keep us updated!

Had a chat with a guy recently who has been into cryptos for years, bought into BTC when it was cheap, currently he holds no BTC though. I asked how much are his cryptos worth in total, he said about half a million.

He said he has now placed about 90% of his holdings into NXT

He advised making small investments into the 'sh-tcoins' he called them, the really cheap ones, he said the probability is good for many of them to rise to at least a dollar, and if one invested when they were pennies, well do the math... in other words, what OP is doing

Similar in concept to penny stocks perhaps
 Quoting: rammsteinregeln


NXT just died. Bittrex has frozen it and is going to delist it.
Anonymous Coward
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01/01/2018 11:00 PM
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Re: The Great Penny Crypto Experiment of 2018
This thread deserves 12x the amount of attention.

Yet, GLP has went from Popular Mechanics to US Weekly over the years.... and I just want to say to OP -

Thank you sir. This is amazing, and I'm going to do something similar - and bank that one of the major companies eats up a large penny crypto..


Wolf of Wall Street - Crypto Style.

American Kingpin 2.0

From roads of Golden Silk to gigabytes of Digital Gold - how a group of investors cornered the Digital Penny Crypto Markets and commanded an empire.

"It was after Macy's accepted payment that we really knew it had taken off," Jeff Sears, someone we had hired six months into the glory days - none of the original dozen remember him - just kinda remembers, so Jeff tells the camera. "The place just became.. a mad house."

"We were turning $50, one $50 bill - into $10,000 daily - and, well, when there's that much money and power... we had a little fun."

"We had the best lawyers."
"You taxed us, we're legal now." Sort of the motto since the new tax laws.
"We wrote the new laws, mostly, well, on appeal and with congress."
"Since we just never stopped filing motions."
"It worked."
"Hey - the squeaky wheel...."
"We were being charged percentage wise the same amount so it looked really bad on paper. We managed to tap into the social media aspect of Crypto and force just enough politicians to stay away from the mess, keeping it tabled."
"For now."
"Yes, for now, tabled."
Anonymous Coward
User ID: 73843397
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01/01/2018 11:02 PM
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Re: The Great Penny Crypto Experiment of 2018
Um, your portfolio now shows a 15 dollar profit on your 50 dollar investment.
Anonymous Coward
User ID: 76064071
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01/01/2018 11:07 PM
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Re: The Great Penny Crypto Experiment of 2018
No offense, that looks like a site that is trying to gain access to people's wallets and exchange accounts, what are you pulling here OP?
Anonymous Coward
User ID: 73843397
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01/01/2018 11:19 PM
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Re: The Great Penny Crypto Experiment of 2018
No offense, that looks like a site that is trying to gain access to people's wallets and exchange accounts, what are you pulling here OP?
 Quoting: Anonymous Coward 76064071


I think coins are taxable now so this seems to be more of a service than a scam.
Anonymous Coward
User ID: 73843397
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01/01/2018 11:24 PM
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Re: The Great Penny Crypto Experiment of 2018
I,m curious OP, did you draw any inspiration from my now dead thread titled "Bitcoin get rich plan?"





GLP