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Comment · Thu, December 28, 2017 · Ceretropic & Nootropics Depot

Get Ethereum and start buying Nootropics with it

Original post in this thread

dihard · 1 points

Last month I made this post about the benefits of buying with bitcoin for yourself and the nootropics community. When I wrote the post bitcoin was getting kind of crazy with transaction fees/times and many people mentioned that in the comments and as we all know it blew up later in the month.

This post is an update on the basic buying procedure with Ethereum instead of Bitcoin. Ethereum has maintained reasonable transaction times/fees and is usually accepted by vendors along with bitcoin (my fee today was around 30 cents). Like bitcoin it didn't take long at all to figure out how to use it.

* Create an account at [Coinbase](coinbase.com) where you purchase bitcoins via credit card or bank account

* Move those coins to a wallet
* Blockchain.info or MyEtherWallet (online) (I found myetherwallet a bit more complicated) or Jaxx or Exodus (offline), (this step is optional but recommended especially for research chemicals)

* Send money from this wallet account to the address provided by the vendor after you checkout
* Your che…

What they were answering

i11uminati · 3 points

Shit is about to get real crazy

Dennis Rodman shilled Potcoin on Colbert using a t-shirt with pictures of him and Kim Jong Un. And John McCaffee pumps random shitcoins on twitter while people capitalize by trading with bots based on his tweets. We've reached crazy, haha.

Coingate was the best solution (nootropics friendly) for accepting cryptocurrency payments that I've used. But there may be better solutions now.

You're right about cryptos being here to stay. Even without currencies, blockchain tech is here to stay. Hyperledger is being used for supply chain solutions and to prevent product counterfeiting.

u/MisterYouAreSoDumb · Ceretropic & Nootropics Depot

Haha, true. We reached crazy a couple months ago. When I woke up and saw BTC up $6,000 in a matter of hours, I knew it had started. Then we got Cryptokitties, and random coins are pumping 1,000%. Not to mention the fact that I was basically just given a fuckload of money for free because of chain splits. Hell, Stellar airdropped me hundreds of thousands of XLM for free just for being a large holder of BTC... I suppose we have already arrived at crazy. Now it's just a matter of how crazy it gets. I still think we have a lot of crazy to go. The dot com bubble went from 1995 to 2000. I'm just strapped in for the ride now.

I actually wish things had not risen so fast with crypto. I would prefer a more organic growth pattern, with the technology more at the forefront, rather than the hype. I suppose this is just how things go, though. A good idea comes out, and people beat it to death till everyone thinks it's a scam. I've been telling everyone about crypto for years, but nobody listened to me. Now random people are messaging me and texting me that I have not spoken to in forever, asking about crypto. The time to listen to me was 3 years ago! I remember getting excited when it jumped from $400 to $600 LAST FUCKING YEAR! Only one person listened to me; one of my employees. He bought like 10 BTC when it bottomed out in the $200s. He wanted to sell so many times, but I told him to calm down and wait for the real rise. This was in the $800s. I told him we were going to see $10,000 without question, but probably higher. Good thing he listened to me! Hell, it was the guys from LiftMode that told me about Ethereum back in late 2015. Even I did not jump in on that till it hit like $30. I should have listened to them! Not that I can really complain.

I really am super excited about the technology. The price rise is a distraction. I don't want to sell my coins for fiat. That's not the point of this. I want to not even need to use fiat someday. That's when I will feel this whole thing was a success. Everyone jumping in it to buy low and sell high is missing out on the entire premise for why this technology is so great. I think our conversation in 2020 is going to be very different than the one we are having now. Either I am right, and this is going to change the world, or I am wrong, and I will look like the schmucks that invested in pets.com back in the 90s.

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