Author Topic: Cryptocurrency (Read 8215 times)

jannekassen · « **on:** May 25, 2017, 01:46:06 PM »

Is anyone here lucky enough to have gotten into Bitcoin before it exploded to the $2500 dollars it is today. If you bought 1000 dollars worth of BTC at the IPO it would be worth 35 million today. Im personally in Maidsafe Coin as I believe in the platform it is being built on. Im assuming all getbiggers except me carry millions in investments

ratherbebig · « **Reply #1 on:** May 25, 2017, 02:50:25 PM »

yes but more money more problems so we should be glad we didnt.

TuHolmes · « **Reply #2 on:** May 25, 2017, 02:51:50 PM »

I have a little bitcoin. Nothing to make me an overnight millionaire at this point.

OLKE_TEXAS · « **Reply #3 on:** May 26, 2017, 01:34:04 PM »

Quote from: ratherbebig on May 25, 2017, 02:50:25 PM

yes but more money more problems so we should be glad we didnt.

Ditto. Glad I dodged that bullit!!

Skeletor · « **Reply #4 on:** May 26, 2017, 02:33:55 PM »

The future.

FitnessFrenzy · « **Reply #5 on:** May 26, 2017, 02:46:41 PM »

< ah, the infamous GoodCoin!

jannekassen · « **Reply #6 on:** May 26, 2017, 02:48:31 PM »

bitcoin took a tumble today and probably will more

China introduced a flat fee on all bitcoin transactions. The Chinese ppl said fuk that and cashed out their btc, sendingthe price down 400 dollars. Granted its still extremely high at 2200

Mr Anabolic · « **Reply #7 on:** May 26, 2017, 03:45:18 PM »

Bitcoins and Beanie Babies.

In the mid-90's Beanie Babies were being bought by speculators and anyone that actually wished to have a Beanie Baby for fun, was priced out of the market. Everyone was buying Beanie Babies to the point that nobody wished to sell them, because why would you sell something for $500 that might be $800 tomorrow. When there were no buyers left who would pay an even greater sum just to play in the market, Beanie Babies crashed.

Same thing will happen to bitcoins.

HTexan · « **Reply #8 on:** May 26, 2017, 08:15:37 PM »

Quote from: jannekassen on May 25, 2017, 01:46:06 PM

Is anyone here lucky enough to have gotten into Bitcoin before it exploded to the $2500 dollars it is today. If you bought 1000 dollars worth of BTC at the IPO it would be worth 35 million today. Im personally in Maidsafe Coin as I believe in the platform it is being built on. Im assuming all getbiggers except me carry millions in investments

Yup, I been "investing" in bitcoin for about a year now. It just sits there, very limited places to spend it. Hell, I bought a few hundred at a bitcoin ATM 2 months ago. Moved some into ether. Shit worth more then 2x the price now, wish I bought more. Thinking about selling the profit I made and taking a vacation.

jannekassen · « **Reply #9 on:** May 26, 2017, 08:18:43 PM »

Quote from: HTexan on May 26, 2017, 08:15:37 PM

Yup, I been "investing" in bitcoin for about a year now. It just sits there, very limited places to spend it. Hell, I bought a few hundred at a bitcoin ATM 2 months ago. Moved some into ether. Shit worth more then 2x the price now, wish I bought more. Thinking about selling the profit I made and taking a vacation.

thats awesome, well done on your part

HTexan · « **Reply #10 on:** May 26, 2017, 08:19:42 PM »

Quote from: Mr Anabolic on May 26, 2017, 03:45:18 PM

Bitcoins and Beanie Babies.

In the mid-90's Beanie Babies were being bought by speculators and anyone that actually wished to have a Beanie Baby for fun, was priced out of the market. Everyone was buying Beanie Babies to the point that nobody wished to sell them, because why would you sell something for $500 that might be $800 tomorrow. When there were no buyers left who would pay an even greater sum just to play in the market, Beanie Babies crashed.

Same thing will happen to bitcoins.

Won't crash might be replaced with something better like ether. Crypo is here to stay, the benefits are too great.

HTexan · « **Reply #11 on:** May 26, 2017, 08:22:48 PM »

Quote from: jannekassen on May 26, 2017, 08:18:43 PM

thats awesome, well done on your part

Yeah, I thought it was going to be a long term, high risk investment that might give me some small profit . Ether is up 2000% as well. Big mistake on my part that I didn't buy more.

Rearden Metal · « **Reply #12 on:** May 26, 2017, 08:32:09 PM »

bought quite a bit at 800, holding long.

Marty Champions · « **Reply #13 on:** May 26, 2017, 09:17:53 PM »

competitors there are vincecoins johnnycoins ect

interesting way to cheat taxes is what it is

Vince G, CSN MFT · « **Reply #14 on:** May 26, 2017, 09:36:43 PM »

Quote from: jannekassen on May 25, 2017, 01:46:06 PM

Is anyone here lucky enough to have gotten into Bitcoin before it exploded to the $2500 dollars it is today. If you bought 1000 dollars worth of BTC at the IPO it would be worth 35 million today. Im personally in Maidsafe Coin as I believe in the platform it is being built on. Im assuming all getbiggers except me carry millions in investments

I made some decent coin but I got in way too late. Matt Canning however got in early. His bitcoin is worth 2.5 million

Mr Anabolic · « **Reply #15 on:** May 27, 2017, 04:28:12 AM »

Quote from: HTexan on May 26, 2017, 08:19:42 PM

Won't crash might be replaced with something better like ether. Crypo is here to stay, the benefits are too great.

Sure it'll crash. But the Asians will probably consider this $800 dip as a buying opportunity... crazy Asian gamblers.

Benefits? Digital fiat with every transaction fully traceable/taxable by government?.. that's what it's coming to. I believe this crypto technology is the basis for an eventual one world global currency... No more anonymity with/of cash... that ain't good.

FitnessFrenzy · « **Reply #16 on:** May 27, 2017, 04:55:09 AM »

Quote from: Marty Champions on May 26, 2017, 09:17:53 PM

competitors there are vincecoins johnnycoins ect

interesting way to cheat taxes is what it is

do you think you can buy a stolen Xbox with johnnycoins?

HTexan · « **Reply #17 on:** May 27, 2017, 05:14:13 AM »

Quote from: Mr Anabolic on May 27, 2017, 04:28:12 AM

Sure it'll crash. But the Asians will probably consider this $800 dip as a buying opportunity... crazy Asian gamblers.

Benefits? Digital fiat with every transaction fully traceable/taxable by government?.. that's what it's coming to. I believe this crypto technology is the basis for an eventual one world global currency... No more anonymity with/of cash... that ain't good.

Huh, the fact the every transaction is traceable is a benefit, can't make fake money that way.

Mr Anabolic · « **Reply #18 on:** May 27, 2017, 05:46:06 AM »

Quote from: HTexan on May 27, 2017, 05:14:13 AM

Huh, the fact the every transaction is traceable is a benefit, can't make fake money that way.

The main benefit of the physical green rectangles is that government cannot trace them/you.

Digital transactions leave a trail. Also, anything digital can be erased/wiped out with a few key strokes.

HTexan · « **Reply #19 on:** May 27, 2017, 09:19:30 AM »

Quote from: Mr Anabolic on May 27, 2017, 05:46:06 AM

The main benefit of the physical green rectangles is that government cannot trace them/you.

Digital transactions leave a trail. Also, anything digital can be erased/wiped out with a few key strokes.

Yup, Transactions are all there and are transparent, anyone can look at block chains. That is why you avoid reuse of addresses. That is one of the reasons people of Silk Road got busted.
Cash is very traceable too. Every buck you legally make to traceable and every big purchase you make in accounted for.

The benefit of bitcoin is that it can be a world money, helpful in traveling. And you if can memorize 12 words, you can travel anywhere with "money" just in your mind.

And no one can wipe your money without your key. Buy a hardware wallet.

SOMEPARTS · « **Reply #20 on:** May 27, 2017, 09:30:00 AM »

Beta test for one world money.

NelsonMuntz · « **Reply #21 on:** May 27, 2017, 10:14:23 AM »

new coin

Vince G, CSN MFT · « **Reply #22 on:** May 27, 2017, 10:23:36 AM »

Quote from: Skeletor on May 26, 2017, 02:33:55 PM

The future.

You can laugh if you like but I made about 8k and managed to pay off my debts that I accured. I just regret taking Matt Canning's advice years ago because I could have actually been a millionaire...no bullshit neither. Hindsight is 50/50.

FitnessFrenzy · « **Reply #23 on:** May 27, 2017, 11:15:42 AM »

Quote from: Vince G, CSN MFT on May 27, 2017, 10:23:36 AM

You can laugh if you like but I made about 8k and managed to pay off my debts that I accured. I just regret taking Matt Canning's advice years ago because I could have actually been a millionaire...no bullshit neither. Hindsight is 50/50.

Melvin "could have been a millionaire" Goodrum

FitnessFrenzy · « **Reply #24 on:** May 27, 2017, 11:32:14 AM »

I'm sure you're all familiar with the bitcoin by now. But what you might not know is that there is a whole ecology of alternative cryptocurrencies being brought to market (initially just mined, then put on an exchange and traded for fiat) with their own special functions -- e.g., coins whose mining sends computational power to BOINC research projects (gridcoin).

As CEO of Vincent Goodcome Enterprises, I'm always looking for ways to innovate and expand my burnt appendages into new markets. Today I'd like to share my latest innovation:

Introducing, the goodcoin (GOC)