I have been lurking on the boards for several weeks, but I finally decided to create an account so I can start taking part in the giveaways, like the ADT one going on now.
I'm not really interested in mining coins as much as I am buying them. I have some family in China, so I know that there is a huge surge in interest over there in virtual currencies. I'm mainly interested in buying some of the 13 different coins sold on BTC38.com because I believe the Chinese will continue to push these coins up in price. My first purchase was for some Ripple XRP on the Chinese auction site taobao.com. Since then, I have sent those Ripple to Kraken.com to exchange for bitcoin. Later I'm going to send my bitcoin to cryptsy.com to buy some other alt coins.
I am very impressed with the ease of transferring money between Ripple and Kraken.com. While I'm not sure about the XRP coin as an investment, I feel confident that their platform is going to make serious waves. Having lived abroad for awhile, I would have loved to have something like Ripple back then to exchange currencies.
Topic: A newbie's experience with altcoins so far... (Read 443 times)
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