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Bitcoin hits $1000!

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Old 21 May 2017, 03:45 PM   #61
JackClark
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I'll just leave this here. If you too doubled your internet money feel free to send me a tip.

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Old 21 May 2017, 07:03 PM   #62
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Sorry to jump in. But how do Bit coins work? How do you get them etc?

always heard about them never looked into it though.

cheers
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Old 21 May 2017, 08:50 PM   #63
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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.
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Old 22 May 2017, 09:39 PM   #64
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This just popped up on Twitter

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Old 25 May 2017, 09:12 AM   #65
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$2600!! OK so this has now gone way beyond what I expected. It's getting hard to hang on.
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Old 26 May 2017, 09:47 PM   #66
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I don't want to put anyone off but...



Blatantly stolen from Reddit.
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Old 27 May 2017, 01:36 PM   #67
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There it is, may or may not be a good time to buy as ever.

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Old 27 May 2017, 04:32 PM   #68
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I missed selling my oil shares mid greed

stuck with them for eternity
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Old 06 June 2017, 08:43 AM   #69
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$2,850 new all time high.
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Old 11 June 2017, 08:29 PM   #70
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Old 11 June 2017, 09:26 PM   #71
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So far this year growth has been 0.72% per day!!
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Old 13 June 2017, 12:04 AM   #72
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I sold a load 3 years ago, what a mistake.
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Old 13 June 2017, 09:07 PM   #73
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Quote:
Originally Posted by LoganS View Post
I sold a load 3 years ago, what a mistake.
Ouch! I think that's when I bought. 160.
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Old 15 June 2017, 09:37 AM   #74
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$2400'ish today if anyone likes a bit of a risk, buy the dip and all that.
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Old 08 August 2017, 10:53 AM   #75
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I'll just leave this here

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Old 08 August 2017, 11:24 AM   #76
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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.
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Old 08 August 2017, 11:28 AM   #77
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Quote:
Originally Posted by mrtheedge2u2 View Post
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.
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.
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Old 08 August 2017, 11:55 AM   #78
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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.
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Old 08 August 2017, 12:32 PM   #79
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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.
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Old 08 August 2017, 06:04 PM   #80
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Forkin hell.
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Old 11 August 2017, 03:50 PM   #81
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Old 12 August 2017, 09:45 AM   #82
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1 Bitcoin now worth 3 ounces of Gold! This is freaking nuts.
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Old 12 August 2017, 12:57 PM   #83
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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.
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Old 12 August 2017, 03:00 PM   #84
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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.
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Old 13 August 2017, 09:08 AM   #85
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$4200 this morning! I think it's the warmongering Trump that's doing it.
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Old 14 August 2017, 05:13 PM   #86
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Last edited by JackClark; 14 August 2017 at 05:14 PM. Reason: Should stay up to date
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Old 15 August 2017, 09:08 AM   #87
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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?
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Old 15 August 2017, 10:02 AM   #88
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Quote:
Originally Posted by mrtheedge2u2 View Post
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?
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.
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Old 15 August 2017, 10:04 AM   #89
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cheers, Jack
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Old 15 August 2017, 11:34 AM   #90
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face 2 face to hand over your millions luls, nice n secure
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