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.
In this forum many coin are "sons" of Etherum. You talk with friends of this SCAM. Do you want invest your money? Invest on UNICEF or Amnesty International. This is a good job!P.S. Electrum is a wallet without download Bitcoin chain. But it's dangerous because your wallet hosted by web servers!
Monero, Cryptonote and Dash are good cryptocurrencies. Litecoin is obsolete. Namecoin is reborn.