JackClark

Various places you can buy them online or in person. You can then spend them like money, transfer money or just own some for **** and giggles.

JackClark

This just popped up on Twitter

JackClark

$2600!! OK so this has now gone way beyond what I expected. It's getting hard to hang on.

JackClark

I don't want to put anyone off but...



Blatantly stolen from Reddit.

JackClark

There it is, may or may not be a good time to buy as ever.

dpb

I missed selling my oil shares mid greed

stuck with them for eternity

JackClark

$2,850 new all time high.

JackClark

$3,000

https://www.bfxdata.com/orderbooks/btcusd

JackClark

So far this year growth has been 0.72% per day!!

LoganS

iTrader: (1)

I sold a load 3 years ago, what a mistake.

JackClark

Ouch! I think that's when I bought. £160.

JackClark

$2400'ish today if anyone likes a bit of a risk, buy the dip and all that.

JackClark

I'll just leave this here

mrtheedge2u2

It is crazy indeed.

I know some retailers will accept bitcoin but I cannot imagine large organisations accepting bitcoin to purchase large ticket items considering how volatile the fluctuations are.

JackClark

Totally agree, Amazon should get on board. There are a few big names https://www.lifewire.com/big-sites-t...yments-3485965

Overstock keep 50% of their Bitcoin payments for investment.

borat52

Bitcoin is currently in a really strange place, after the fork it appears lots of people dumped the "free" bitcoin cash that they inherited from the fork and converted to Bitcoin, this has pumped up the bitcoin price.

Essentially it's pure inflation. I personally am looking for a signal to short bitcoin due to this.

Long term I think you may well see many tens of thousands of $ per bitcoin but right now, specifically because of the inflation caused by the fork I think bitcoin could be in for a turbulent time.

JackClark

Agreed. Some say there will be an extreme but very short term crash, I'll ride it out if it happens.

I would have done the same with my Bitcoin Cash if I wasn't sat on a campsite at the time, nice little bonus all the same.

bioforger

iTrader: (1)

Forkin hell.

JackClark

JackClark

1 Bitcoin now worth 3 ounces of Gold! This is freaking nuts.

Petem95

Work colleague had 25 bitcoins he mined 5 or 6 years ago, and sold then for $16. Would be worth almost £75,000 at current prices..

Clearly this is a speculative rally, but anyones guess how high it could go.

The only thing stopping me buying more is coinbase seems a bit flaky. During the big moves (up or down) in June they basically freeze, so you can't buy or sell, and I've also yet to try and get money out of Coinbase.

JackClark

Yeouch!

I doubt it will go back under 3,000 now and as for how high well, too the moon!!

I bought my current coin on Bittylicious and would use it again.

JackClark

$4200 this morning! I think it's the warmongering Trump that's doing it.

JackClark

mrtheedge2u2

Jack, how do you buy and sell bitcoin? Is it like buying foreign currency or do you need specialist brokers?

If someone has a spare 100k sitting around is bitcoin really a good option?

JackClark

You can use an exchange or even meet people face to face using https://localbitcoins.com I bought from https://bittylicious.com there's a list here https://www.bitcoin.com/buy-bitcoin

I can't say that it's a good buy as it obviously has risks, couldn't say it at $1000 either. Throw a tenner at it and see how it goes.

mrtheedge2u2

cheers, Jack

bioforger

iTrader: (1)

face 2 face to hand over your millions luls, nice n secure

JackClark

It's worked with Gold for a long time, why is bitcoin different?

bioforger

iTrader: (1)

Depends what you mean by face to face, if its in an office with a proper broker, fine, if not, its insecure and sketchy to say the least.