Post
Topic
Board Altcoin Discussion
Topic OP
Ethereum Questions
by
viking02
on 01/06/2017, 04:32:38 UTC
I'm posting this question here as someone mentioned to post this in the altcoin subforum.  I ask this because i notice Ethereum price has gotten way up... its already $225 or so already.  I have heard about this and litecoin previously but didn't think much about it.  I took a look at ethereum and it was around $10 a coin earlier this year.


That means if you had bought say 100 coins, well that $1000 would be already $22500 or so.  If you bought 500 coins, that $5000 would be over $100,000 as of now.


Does anyone know if it was easy/hard to acquire ethereum earlier when it was $10? 


Also where do i buy ethereum?  Also do you need like a wallet for it?  For example with bitcoin, you can leave your bitcoins on blockchain or use a wallet like electrum or armory etc on your computer etc.  From what i heard, bitcoin is much easy to understand than ethereum. 


How would i go about getting ethereum?  Do i need to download a wallet on my computer like electrum?  How long would that take?  Im very interested in this as right now its around $225 or so and the thing is well... of course there is chance it can skyrocket all the way up to a lot more. 


Also does anyone know much about litecoin or anything else?  I read online that there is also zcash, dash, ripper and monero as the other cryptocurrencies etc.  I want to know is it easy to buy/sell like it would similar to bitcoin.  Im also guessing the most important crytocurrency besides bitcoin would be litecoin, ethereum, then zcash?


I ask this since the prices for these seem to be very low and of course it can go all the way up etc.