Great article Steve. Agree things are really volatile and lost money on some LTC thinking it was all going to go up. The trick lies in selling when its up and buying when its down. The trouble is predicting what is up and what is down. The best thing is to leave whatever crypto people buy alone and hope it'll be worth 10000 or 20000 in 4 years. Better chance than winning a scratch card IMHO. Alternatively write a self published book and rake it in.
RE: Gambling on the blockchain
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Gambling on the blockchain
I wonder about just buying some of a few coins using my Steem and just holding onto it. We just can't tell what will happen.
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You are more advanced in knowing how to do stuff on steem. How do i even get my steem converted....?
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You can sell it on various exchanges. I've used Blocktrades to get Bitcoin before. As you may have seen my Bitcoin-powered debit card has been killed off, so I need other ways to extract something I can spend. I know there's LocalBitcoins and others, but Bitcoin seems a poor way to go given the fees. I'm keeping an eye out for better alternatives.
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You can trade bitcoin for euros on Coinbase. I assume you can bet the Euros to go to an account?
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I've got a coinbase account, but I've heard it's hard to get your money out. I'll keep looking and see what others say
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