Do you have any Bitcoin?

c_man

Well Bitcoin's gain in dollar value is making all the mainstream news these days, up past $12,000 now. Only a few months since it broke 5k.

Do you have any as part of your investments? Or just get lucky mining them years ago?

frozenfrozen

What about you OP

c_man

frozenfrozen wrote: »

What about you OP

No, I don't have any right now. Thanks for asking.


As to its future, who knows? I do think some cryptocurrency will form a part of our financial setup but no-idea which. Bitcoin has its flaws and I'm sure it'll ever become a "normal" currency if these aren't addressed.

Crypto Coin

Yep have some, also have ethereum, litecoin, ripple and yoyo.

Dr Crayfish

I use small amounts for transactions regularly

eamonnq

I set up an account, as I thought I would need it some years ago, but never got around to doing anything with it as I didn't need it in the end. If I had only gone one step further and actually bought some it may have just sat there for all those years.

Permabear

This post has been deleted.

RayM

*checks pockets*

Nope, don't think so.

GhostyMcGhost

Dr Crayfish wrote: »

I use small amounts for transactions regularly

Paying for what though?

Unless I can pay for a breakfast roll in spar it’s sweet FA use

Honestly, I think it’s a bubble waiting to cripple the last ones in the door. There’s was one bigwig in Wall Street who said he’d fire any employees found investing in it professionally or personally for being stupid. Have to say I agree.

I would doubt there’s anyone left who bought bitcoins for $10 a go still holding them now, they’re long gone

The digital equivalent of itch and scratchy dollars

Tom Mann Centuria

If only there were a cryptocurrency forum.

GreeBo

GhostyMcGhost wrote: »

There’s was one bigwig in Wall Street who said he’d fire any employees found investing in it professionally or personally for being stupid.

You mean this guy from JPMorgan?

Bitcoin-fraud-JP-Morgan-Jamie-Dimon-trading-price-cryptocurrency-fired-update

Seems like they changed their minds pretty quickly...
2017/12/04/bitcoin-could-new-gold-says-jp-morgan/

Sabre0001

Teeny tiny amount

Benildus

GhostyMcGhost wrote: »

Paying for what though?

Unless I can pay for a breakfast roll in spar it’s sweet FA use

Honestly, I think it’s a bubble waiting to cripple the last ones in the door. There’s was one bigwig in Wall Street who said he’d fire any employees found investing in it professionally or personally for being stupid. Have to say I agree.

I would doubt there’s anyone left who bought bitcoins for $10 a go still holding them now, they’re long gone

The digital equivalent of itch and scratchy dollars

Jamie Dimon, who has since changed his tune

Dr Crayfish

GhostyMcGhost wrote: »

Paying for what though?

The same thing everyone uses it for!

c_man

Tom Mann Centuria wrote: »

If only there were a cryptocurrency forum.

I honestly don't understand these sort of replies. Why on Earth would I post it there? I'm just looking for a light hearted look and replies from your average Joes. I'd be incredibly surprised if any of the lads there didn't have Bitcoin or know a lot more about it than me.

There's a million and one dead forums on boards, why must everything be sorted into one of the graveyards? What's the point of AH...

Dr Crayfish wrote:

I use small amounts for transactions regularly

But aren't the transaction fees way too high for small use?

Zaph

RayM wrote: »

*checks pockets*

Nope, don't think so.

Have you checked down the back of the couch?

Dr Crayfish

c_man wrote: »

But aren't the transaction fees way too high for small use?

No, blockchain.info is about 2 euro to send and 2 to receive

frozenfrozen

those fees are fine if you're buying a kilo of coke and not a can of coke.

suicide_circus

I have a bit of coin

Pinch Flat

I keep a few in a biscuit jar in the kitchen. Never know when they'll come in handy.

Tom Mann Centuria

c_man wrote: »

I honestly don't understand these sort of replies. Why on Earth would I post it there? I'm just looking for a light hearted look and replies from your average Joes.

Gotcha.

No. I don't have any bitcoins or bitcoin. Whichever is correct.

RasTa

Just looking at one of my purchases from 2015.

€215.6 0.53319000

Even in Jan this year there weren't that bad

€845.6 0.09400000

Usually get €100-150 every 2 months since 2015

Not sure when I'll cash out, maybe when I've enough to buy a house or lose it all, don't really care.

CalamariFritti

I wish I had but I don't. But then of course - like with all those schemes - its a lottery. Nice if you went in early but the moment people stop buying into this it will collapse. When that moment will come who knows. But chances are its not far away. So I don't have any and I'm not going to get any now.

PeterParker957

If this takes off are we going to see the newly arrived European elite on the Millennium Bridge begging for Bitcoin ????

howamidifferent

Is that you Pascal O Donoghue?

copeyhagen

eamonnq wrote: »

I set up an account, as I thought I would need it some years ago, but never got around to doing anything with it as I didn't need it in the end. If I had only gone one step further and actually bought some it may have just sat there for all those years.

drugs...

4068ac1elhodqr

There's a lad across the water that threw out an old PC with bitcoin stuff on it, worth hundreds of millions now inside a landfill site.
The investment twins that sued facepages years ago have made something like x1000 on initial investment.

Long story short, the gains have been made by those whom got in early, to invest now in a serious capacity is nothing more than a gamble.
Now I like an odd bet on the novelty events markets, but this is one to avoid as of now (unless you've plenty of spare grand available to burn).

Yes it'$12k this morning, (up again) but what happens to block-chain mining when quantum processing becomes cheap and mainstream?

Cee-Jay-Cee

I have 5 bitcoin that I bought in 2011. I am planning on cashing them in the new year.

4068ac1elhodqr

Up $1,000 in 24hrs, the question is when will it crash, and by how much:

Bob Harris

I have wonga, spondoolics, moola, dosh..even pounds. But no bitcoins.

valoren

I have no idea how it works.
Are there only a certain amount of coins available?
And the demand for them is what drives the value?