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Do you have any Bitcoin?

  • 06-12-2017 12:58pm
    #1
    Closed Accounts Posts: 4,436 ✭✭✭


    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?

    Do you have any Bitcoin? 39 votes

    Yes
    0% 0 votes
    No
    33% 13 votes
    NEEERRRDDD
    66% 26 votes


Comments

  • Registered Users, Registered Users 2 Posts: 7,903 ✭✭✭frozenfrozen


    What about you OP


  • Closed Accounts Posts: 4,436 ✭✭✭c_man


    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.


  • Banned (with Prison Access) Posts: 22 Crypto Coin


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


  • Banned (with Prison Access) Posts: 2,960 ✭✭✭Dr Crayfish


    I use small amounts for transactions regularly


  • Registered Users, Registered Users 2 Posts: 4,012 ✭✭✭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.


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  • Closed Accounts Posts: 39,022 ✭✭✭✭Permabear


    This post has been deleted.


  • Closed Accounts Posts: 7,973 ✭✭✭RayM


    *checks pockets*

    Nope, don't think so.


  • Registered Users, Registered Users 2 Posts: 1,348 ✭✭✭GhostyMcGhost


    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


  • Registered Users, Registered Users 2 Posts: 11,177 ✭✭✭✭Tom Mann Centuria


    If only there were a cryptocurrency forum.

    Oh well, give me an easy life and a peaceful death.



  • Registered Users, Registered Users 2 Posts: 27,370 ✭✭✭✭GreeBo


    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/


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  • Registered Users, Registered Users 2 Posts: 7,499 ✭✭✭Sabre0001


    Teeny tiny amount

    🤪



  • Closed Accounts Posts: 336 ✭✭Benildus


    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


  • Banned (with Prison Access) Posts: 2,960 ✭✭✭Dr Crayfish


    Paying for what though?

    The same thing everyone uses it for!


  • Closed Accounts Posts: 4,436 ✭✭✭c_man


    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...
    I use small amounts for transactions regularly

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


  • Registered Users, Subscribers, Registered Users 2 Posts: 47,352 ✭✭✭✭Zaph


    RayM wrote: »
    *checks pockets*

    Nope, don't think so.

    Have you checked down the back of the couch?


  • Banned (with Prison Access) Posts: 2,960 ✭✭✭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


  • Registered Users, Registered Users 2 Posts: 7,903 ✭✭✭frozenfrozen


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


  • Registered Users, Registered Users 2 Posts: 19,802 ✭✭✭✭suicide_circus


    I have a bit of coin


  • Registered Users, Registered Users 2 Posts: 7,769 ✭✭✭Pinch Flat


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


  • Registered Users, Registered Users 2 Posts: 11,177 ✭✭✭✭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.

    Oh well, give me an easy life and a peaceful death.



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  • Closed Accounts Posts: 15,116 ✭✭✭✭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.


  • Registered Users, Registered Users 2 Posts: 5,945 ✭✭✭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.


  • Closed Accounts Posts: 2,177 ✭✭✭PeterParker957


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


  • Registered Users, Registered Users 2 Posts: 1,819 ✭✭✭howamidifferent


    Is that you Pascal O Donoghue? :D


  • Registered Users, Registered Users 2 Posts: 4,528 ✭✭✭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...


  • Closed Accounts Posts: 9,586 ✭✭✭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?


  • Registered Users, Registered Users 2 Posts: 12,235 ✭✭✭✭Cee-Jay-Cee


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


  • Closed Accounts Posts: 9,586 ✭✭✭4068ac1elhodqr


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

    Screen_Shot_2017-12-06_at_14.09.27.png


  • Registered Users, Registered Users 2 Posts: 3,461 ✭✭✭Bob Harris


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


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  • Registered Users, Registered Users 2 Posts: 5,554 ✭✭✭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?


  • Moderators, Music Moderators, Society & Culture Moderators Posts: 25,734 Mod ✭✭✭✭Boom_Bap


    There is a whole forum dedicated to Bitcoin/Crypto Currency and all the beels and whistles

    https://www.boards.ie/vbulletin/forumdisplay.php?f=1814


This discussion has been closed.
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