Beating Bitcoin Requires Alt-Coin Traders to Mind Correlations

Investors saw this last year when Bitcoin's 1,400 percent surge dominated headlines, yet smaller peers such as Ripple and Stellar far outperformed the world's biggest cryptocurrency. When Bitcoin rallied, its tight correlation with rivals broke down, according to a Bloomberg analysis. On the contrary …
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I do NOT mind the government knowing I bought bitcoins right now. I DO mind a hackable exchange having a copy of my SSN, photo of my drivers license, and a selfie (Circle’s requirement) for a small

I was purchasing bitcoins on Circle for months with an unverified account (a small weekly purchase limit). Loving bitcoin, and getting multiple friends into the ecosystem.

Circle recently put a new requirement on accounts needing my SSN (slightly understandable), a copy of my driver's license, and a selfie. With those 3 documents, if Circle EVER gets hacked, my digital identity will never be safe.

I can't bring bitcoin to my friends saying: "and upload your divers license here for your first $ 100 purchase".

submitted by /u/GabeNewell_
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Questions about bitcoin(or other crytocurrency) to satisfy my feeble mind

After a few days of research and reading about bitcoin and ethereum, I got interested on investing in these. Just small amounts to try it out.. maybe $ 30 – $ 50 for starters. I’m from a 3rd World Country and want to earn some sort of passive income.

Still after all these research. I still got a lot questions about it. These ones are one of the most important to me.

  1. Is it worth it to invest in a BitCoin/Ethereum Cloud Mining contract? Lets say i’d purchase a starter plan. because mining rigs are so expensive and I cant run it 24/7.
  2. What are some of the potential risks of trading in Exchanges?
  3. Can I start trading with $ 30 to $ 50 staring budget? can I get somewhere with this budget?

Recent Questions – Bitcoin Stack Exchange