Tegis Posted May 13, 2017 VT Supporter Share Posted May 13, 2017 (edited) 3 hours ago, Xela said: How many did you buy @Tegis? Just one, at 150 quid. Basically to learn the Blockchain tech a bit, and out of curiosity. Edited May 13, 2017 by Tegis spelling 1 Link to comment Share on other sites More sharing options...
PieFacE Posted May 16, 2017 VT Supporter Share Posted May 16, 2017 The bitcoin market is insane. Link to comment Share on other sites More sharing options...
PieFacE Posted May 19, 2017 VT Supporter Share Posted May 19, 2017 (edited) I'm thinking about investing in waves. Bitcoin just keeps on going up and up. About 3 or 4 years ago I had a transaction lined up for 10 bit coins at £70 each when silk road collapsed , was one click away from buying them but bottled it. I hate myself right now. Edited May 19, 2017 by PieFacE Link to comment Share on other sites More sharing options...
PieFacE Posted May 25, 2017 VT Supporter Share Posted May 25, 2017 On 2013-4-10 at 23:30, leviramsey said: It's a bubble (but then again, money is essentially by definition a bubble). It's crazy to think that, for a post on a forum a couple of years ago, someone tipped me 0.10 BTC (so about 6p at the time). At one point a few hours ago, then, I had been paid GBP13-ish for a single forum post!). Wouldn't bet against USD/BTC going to $50 or lower in the near future. Wouldn't bet against USD/BTC going above $1000 in the longer term. Funny looking at this post from Levi all those years ago. I assume he's off in the sunset now incredibly rich. Bitcoin is over $2500 now ha! Link to comment Share on other sites More sharing options...
LakotaDakota Posted May 26, 2017 Share Posted May 26, 2017 Madness, there was a thing somewhere yesterday showing that if you had bought $100 in 2010 (similar to the price mentioned above it was 0.003c against the dollar) it would now be worth $73 million Link to comment Share on other sites More sharing options...
Xela Posted May 26, 2017 Share Posted May 26, 2017 Crazy. Wish i'd put £5k or £10k into it a few years back. I'd be sitting pretty now Link to comment Share on other sites More sharing options...
PieFacE Posted May 26, 2017 VT Supporter Share Posted May 26, 2017 (edited) 3 hours ago, Xela said: Crazy. Wish i'd put £5k or £10k into it a few years back. I'd be sitting pretty now There's plenty of other opportunities off the back of bitcoin, which could be very profitable. Blockchain is the future. There's tons of innovative companies with low investment points out there. It's not too late, crytpocurrency is just getting started. Edited May 26, 2017 by PieFacE 1 Link to comment Share on other sites More sharing options...
omariqy Posted June 15, 2017 Share Posted June 15, 2017 Can someone explain how this works in simple terms? Link to comment Share on other sites More sharing options...
Tegis Posted June 15, 2017 VT Supporter Share Posted June 15, 2017 (edited) 1 hour ago, omariqy said: Can someone explain how this works in simple terms? Try this one for a pub-like chat. It's couple of years old so things have happened but the concepts stays put (minus the first 10 minutes of podcast sponsors) Andreas has been on 3 times more on the JRE podcast with more info. Then you can explore other short how-to's in setting up wallets and how to buy coins. But understanding the concepts is important. Edited June 15, 2017 by Tegis Link to comment Share on other sites More sharing options...
PieFacE Posted June 15, 2017 VT Supporter Share Posted June 15, 2017 (edited) 2 hours ago, omariqy said: Can someone explain how this works in simple terms? If you're thinking of getting involved into the cryptospace then now is a good time. BTC is crashing hard today. It's also bringing all alts down with it too. Edited June 15, 2017 by PieFacE Link to comment Share on other sites More sharing options...
omariqy Posted June 15, 2017 Share Posted June 15, 2017 Can I exchange it for real currency? Link to comment Share on other sites More sharing options...
Tegis Posted June 15, 2017 VT Supporter Share Posted June 15, 2017 12 minutes ago, omariqy said: Can I exchange it for real currency? Yes, you deal with a broker in the same way that you deal in stocks. The value is set at the time of transaction by the broker/market and it's up to you if you feel the deal is good enough, or you go to another broker or sit tight. The "digital money" sits with you, in your wallet, not at some holder like a bank. It's more or less cash. Link to comment Share on other sites More sharing options...
ender4 Posted June 15, 2017 Share Posted June 15, 2017 28 minutes ago, PieFacE said: If you're thinking of getting involved into the cryptospace then now is a good time. BTC is crashing hard today. It's also bringing all alts down with it too. Still very expensive though compared to 2 months ago. Link to comment Share on other sites More sharing options...
PieFacE Posted June 15, 2017 VT Supporter Share Posted June 15, 2017 1 minute ago, ender4 said: Still very expensive though compared to 2 months ago. Aye, but considering it was up at $3000 just a few days ago, it's a mightly fall. Link to comment Share on other sites More sharing options...
PieFacE Posted June 15, 2017 VT Supporter Share Posted June 15, 2017 (edited) 15 minutes ago, Tegis said: Yes, you deal with a broker in the same way that you deal in stocks. The value is set at the time of transaction by the broker/market and it's up to you if you feel the deal is good enough, or you go to another broker or sit tight. The "digital money" sits with you, in your wallet, not at some holder like a bank. It's more or less cash. Yup, eventually it will be real money, and there will be no need to exchange it into cash. When you see companies like TenX being so close to release, it's really not that far away. I love the ARK project, my favourite coin at the minute. Would recommend looking into if you're thinking about investing. Edited June 15, 2017 by PieFacE Link to comment Share on other sites More sharing options...
Tegis Posted June 15, 2017 VT Supporter Share Posted June 15, 2017 Oh, and lets not forget, BACKUP BACKUP BACKUP!!!! There is no one to turn to if you lose your key. The coin will be gone forever, for everybody. Link to comment Share on other sites More sharing options...
PieFacE Posted June 15, 2017 VT Supporter Share Posted June 15, 2017 The future is definitely in blockchain. This video does a really good noob friendly explanation into why digital currency's will be big in years to come. Link to comment Share on other sites More sharing options...
LoughboroughLion Posted June 17, 2017 Share Posted June 17, 2017 Was anyone part of the etherium wave since the beginning of the year? So much growth in these coins - it's just picking one that will go the distance. The thought of buying now for mere $s, locking it away in a paper wallet and waiting until 2025 excites me no end. Could obviously be a couple of hundred pounds lost, but very interesting nonetheless. Link to comment Share on other sites More sharing options...
Tegis Posted June 17, 2017 VT Supporter Share Posted June 17, 2017 25 minutes ago, VERB27 said: The thought of buying now for mere $s, locking it away in a paper wallet and waiting until 2025 excites me no end. Yup, this is more or less what I did. All of them could crash and burn so only use "play" money. All of them are too volatile to hang your hat on and they will be for some time going forward. Needs more loads more volume to get a stable curve. Link to comment Share on other sites More sharing options...
LoughboroughLion Posted June 17, 2017 Share Posted June 17, 2017 2 hours ago, Tegis said: Yup, this is more or less what I did. All of them could crash and burn so only use "play" money. All of them are too volatile to hang your hat on and they will be for some time going forward. Needs more loads more volume to get a stable curve. Which coins are up 'playing' with, so to speak? Link to comment Share on other sites More sharing options...
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