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Getbig Main Boards => Gossip & Opinions => Topic started by: gib on June 16, 2017, 11:57:58 PM

Title: Bit coins
Post by: gib on June 16, 2017, 11:57:58 PM
What do you guys think?

(Body building related because all getbiggers are financial geniuses and also because they might use btc to buy things online anonymously).
Title: Re: Bit coins
Post by: ratherbebig on June 17, 2017, 01:23:11 AM
i once tried to pay for a beer with bitcoins but my smart phone wasnt charged.

Title: Re: Bit coins
Post by: Marty Champions on June 17, 2017, 04:22:07 AM
bit coin was created by the feds  ;)
Title: Re: Bit coins
Post by: Mr Anabolic on June 17, 2017, 05:45:31 PM
Buy silver instead.  It's v-e-r-y cheap right now.  In a few years, you'll be very happy.
Title: Re: Bit coins
Post by: Kwon on June 17, 2017, 05:53:32 PM
How do you mine bitcoins?

Title: Re: Bit coins
Post by: SOMEPARTS on June 17, 2017, 11:11:57 PM
Buy silver instead.  It's v-e-r-y cheap right now.  In a few years, you'll be very happy.


5 years hearing this now. Could be 15 more.
Title: Re: Bit coins
Post by: Mr Anabolic on June 18, 2017, 04:28:10 AM

5 years hearing this now. Could be 15 more.

No... 5 years ago is was not cheap. 

Go buy some $2500 Ponzi coins instead.
Title: Re: Bit coins
Post by: oldschoolfan on June 18, 2017, 04:47:04 AM
i know how to buy and sell bitcoin and send payment

problemm is, you can only use it for limited things, it is not like you can go to your grocery store and pay in bit coin, or shop on amazon with it.

not to mention the mining fees keep going up so sending it, takes longer and is more expensive now than even one year ago
Title: Re: Bit coins
Post by: SOMEPARTS on June 18, 2017, 11:39:53 AM
No... 5 years ago is was not cheap. 

Go buy some $2500 Ponzi coins instead.


I never said I didn't like silver, or that I owned BTC.

Silver could just as easily go to $14 as go to $23. Even more so now that new money is going into crypto. That and the fact that there are a lot of silver stackers holding bullion that they have $30-35 in....that will never get back in if given the chance to cash out and come close to break even.
Title: Re: Bit coins
Post by: Mr Anabolic on June 18, 2017, 03:30:01 PM

I never said I didn't like silver, or that I owned BTC.

Silver could just as easily go to $14 as go to $23. Even more so now that new money is going into crypto. That and the fact that there are a lot of silver stackers holding bullion that they have $30-35 in....that will never get back in if given the chance to cash out and come close to break even.

New spec money and Asians gambling.  If you can ride the wave and sell at the right time, good for you.  Cryptos can make you some decent $ if the timing is right, but there are waaaaay too volatile and many things can go wrong.  

I started buying silver in 1985 when it was $4.  $500/$1000 face value bags of 90% junk at spot price... no one wanted it.  Sold a few bags when silver hit $48, but I still have most of them.  It's all about timing and patience.