Wasn't performing to my high expectations... Sold my LTC at US$8.80 Happy enough with that. More than double money. Best of luck to those holding!!
Yeh I just did a tester $50 on there. Worked well and so did the Verification worked in minutes. Pluses to them. My 0.07 bitcoin sitting there now till payday to grow.
Yep I know - Chinese are waking up now too.... could go much higher. I'm cashing out of all crypto's. Happy with my profits.
The enjoyable part is, to get my LTC out I had to trade them for BTC. BTC has since sky-rocketed, so making money while waiting for confirmations... mwahaha Selling my LTC converted BTC for AU$850 Excellent!
Got my fifty worth. Did a few things at work though hey why not go snap up some of those 36 bitcoins at 689. Come back no longer there :'(.
Just a quick question for you more experienced out there... if one purchases BTC or LTC at a specific exchange, are those "coins" stranded at that particular exhange or does one "take ownership" of these coins once purchased and can one then sell these coins at any other exchange?? Just trying to understand how this whole bluddy thing is supposed to work?? I would have thought that since this is "digital currency" that once it's been purchased by yourself then these coins are then yours to use or sell anywhere else on earth - including at any other exchange located anywhere on earth??? Is this not correct??
it is correct//But I would suggest you just do some reading..As I ..am still getting my head around it but basically you need a virtual wallet to store your coins on and keep offline best of luck!
You can withdraw your coins at an exchange, the destination address is either your local wallet, or a deposit address at another exchange (which will be unique to your account on that exchange).
okay, so it would seem then that the safer option - if one is wary of an exchange collapse/bankruptcy is to rather download each coin purchased to one's own "wallet" ... the only issue with this option being if one had to somehow lose this electronic "wallet", eg. disk failure of disk containing wallet etc. ??
any tips/links as to how I would go about establishing/creating my own virtual wallet? I'm asuming that BTC's and LTC's cannot co-exist in the same wallet and that each type of "digital coin" has its own custom wallet?
Capt. Litecoin = https://litecoin.org/ Bitcoin = http://bitcoin.org/en/choose-your-wallet I use the QT one. After this drop what do you think will happen to the btc/ltc price. Currently around 0.012, do you think bitcoin might rocket back up pushing the ratio lower?