Bitcoin hits $1000! - Page 5 - ScoobyNet.com - Subaru Enthusiast Forum



Computer & Technology Related Post here for help and discussion of computing and related technology. Internet, TVs, phones, consoles, computers, tablets and any other gadgets.

Bitcoin hits $1000!

Reply
 
 
 
Thread Tools Search this Thread
Old 20 October 2017, 07:52 PM   #121
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Quote:
Originally Posted by Tidgy View Post
i'll give you your due dude, called that one right.
I知 starting to worry a bit. I can see 」7500, but I just have this feeling that if it gets that high it値l crash, too many people holding/hodling not enough spending. I値l sell half at that point and buy myself a toy.
JackClark is offline   Reply With Quote
Old 20 October 2017, 07:57 PM   #122
Tidgy
Scooby Regular
 
Join Date: Sep 2004
Location: Notts
Posts: 21,179
Default

Quote:
Originally Posted by JackClark View Post
I知 starting to worry a bit. I can see 」7500, but I just have this feeling that if it gets that high it値l crash, too many people holding/hodling not enough spending. I値l sell half at that point and buy myself a toy.
how many you got and what did you buy them at? purley being nosey so if you dont wanna say no bother
Tidgy is offline   Reply With Quote
Old 20 October 2017, 10:45 PM   #123
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Just over 1

2015-02-11 Received 1 BTC 」152.98

I got the other small bits on Reddit when people were throwing them around, gave some away on here in the same way. Those bits are worth more than I paid for my 1btc now.
JackClark is offline   Reply With Quote
Old 21 October 2017, 09:38 AM   #124
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Ah! There's another split at the end of the month, like last time whatever Bitcoin you have you'll get the same of the other one. Last one is now worth ~」300.

Buying now gives a bonus later this month.
JackClark is offline   Reply With Quote
Old 21 October 2017, 01:11 PM   #125
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Bringing us up to date

$6,100

JackClark is offline   Reply With Quote
Old 31 October 2017, 06:07 PM   #126
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Hello $6,400 new all time high!!

JackClark is offline   Reply With Quote
Old 31 October 2017, 06:08 PM   #127
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Sold half my BCH that was free with the last split, 」160, that covers the purchase cost of my BTC. All free money from now on.
JackClark is offline   Reply With Quote
Old 31 October 2017, 06:08 PM   #128
Tidgy
Scooby Regular
 
Join Date: Sep 2004
Location: Notts
Posts: 21,179
Default

question is jack when ya gonna cash in hahaha
Tidgy is offline   Reply With Quote
Old 31 October 2017, 07:34 PM   #129
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Quote:
Originally Posted by Tidgy View Post
question is jack when ya gonna cash in hahaha
That's a tricky one. No way I'm selling before the fork that's due any time, after that Bitcoin will drop again, I'll then trade the rest of my BCH for Bitcoin, that gives me a float above my 1 which allows me to spend/sell some and keep my vanity 1:21m, if I'm really clever I'll sell whatever I get from the fork for bitcoin at a good price too, who knows, it's so volatile but looking back on this year it's been an easy ride.
JackClark is offline   Reply With Quote
Old 01 November 2017, 12:48 PM   #130
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Could be 7k by the end of the week, still climbing.

JackClark is offline   Reply With Quote
Old 02 November 2017, 10:20 AM   #131
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

$7k! Blimey, if anyone's thinking of getting in be prepared, it has to take a dive from these heady heights.
JackClark is offline   Reply With Quote
Old 02 November 2017, 02:36 PM   #132
markr1963
Scooby Regular
 
Join Date: Jun 2002
Location: Perth, Western Australia
Posts: 1,864
Default

Can someone explain this 'fork' thing in big letters for an absolute noob?

And is there a reason why Bitcoin is going nuts and other cryptocurrencies such as Ethereum and LTC are treading water?
markr1963 is offline   Reply With Quote
Old 02 November 2017, 04:44 PM   #133
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Bitcoin is based on a some code developed by a group of people, some other people want to develop something very similar to Bitcoin so they take existing code and take it in another direction, a fork. Now there are two of the same thing, anything that was in the code - including my bitcoin - is now in the fork so I have 1 bitcoin and 1 something else.

Does that help at all, I could probably look up a better explanation.

Bitcoin has the jump on the others, I don't have to travel far to be able to buy and use it in person, can't say the same for the others... yet. I thought BCH - from the last spit - was dead but it went up just before I sold half so there's some life in alt coins.
JackClark is offline   Reply With Quote
Old 03 November 2017, 04:29 AM   #134
markr1963
Scooby Regular
 
Join Date: Jun 2002
Location: Perth, Western Australia
Posts: 1,864
Default

Thanks, that helps, I think I guess I'll find out more when this fork happens.
markr1963 is offline   Reply With Quote
Old 03 November 2017, 11:42 AM   #135
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Quote:
Originally Posted by markr1963 View Post
Thanks, that helps, I think I guess I'll find out more when this fork happens.
You bought bitcoin? My advice, don't rush into trying to cash out, it can go very wrong. I had to wait a good while for my wallet - bread - to enable me to move the forked coins and I think this one will be even more tricky due to technical things I don't fully understand, replay protection or something like that if you want to look it up.
JackClark is offline   Reply With Quote
Old 03 November 2017, 02:45 PM   #136
markr1963
Scooby Regular
 
Join Date: Jun 2002
Location: Perth, Western Australia
Posts: 1,864
Default

Quote:
Originally Posted by JackClark View Post
You bought bitcoin? My advice, don't rush into trying to cash out, it can go very wrong. I had to wait a good while for my wallet - bread - to enable me to move the forked coins and I think this one will be even more tricky due to technical things I don't fully understand, replay protection or something like that if you want to look it up.
Bought a few hundred $AUD worth when Bitcoin was $2600 back in August. I'm not looking to cash out anytime soon.
markr1963 is offline   Reply With Quote
Old 03 November 2017, 02:50 PM   #137
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Quote:
Originally Posted by markr1963 View Post
Bought a few hundred $AUD worth when Bitcoin was $2600 back in August. I'm not looking to cash out anytime soon.
Nice!
JackClark is offline   Reply With Quote
Old 03 November 2017, 05:58 PM   #138
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Quote:
Originally Posted by JackClark View Post
Sold half my BCH that was free with the last split, 」160, that covers the purchase cost of my BTC. All free money from now on.
Bugger, I sold and everyone else bought! BCH doubled in price!! Still, my half a coin is now worth as much as the one I did have
JackClark is offline   Reply With Quote
Old 09 November 2017, 10:22 AM   #139
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Thinks got interesting yesterday, the price of Bitcoin looked like it was pumped up to $7.5k due to the incoming fork, but that was cancelled and usual form would be a crash as everyone ran away, but it's hodling.
JackClark is offline   Reply With Quote
Old 09 November 2017, 12:15 PM   #140
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Risky time to buy, and spending bitcoin is expensive right now. Hopefully the fees will settle down now miners are not split.
JackClark is offline   Reply With Quote
Old 10 November 2017, 09:24 PM   #141
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Quote:
Originally Posted by JackClark View Post
Risky time to buy, and spending bitcoin is expensive right now. Hopefully the fees will settle down now miners are not split.
There it is, down a grand in a day. Buy the dip.
JackClark is offline   Reply With Quote
Old 10 November 2017, 09:25 PM   #142
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

JackClark is offline   Reply With Quote
Old 17 November 2017, 05:41 PM   #143
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Hold tight, will it hit 8k?
JackClark is offline   Reply With Quote
Old 17 November 2017, 05:42 PM   #144
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

Quote:
Originally Posted by JackClark View Post
There it is, down a grand in a day. Buy the dip.
Up 3k in 7 Days!
JackClark is offline   Reply With Quote
Old 19 November 2017, 07:36 PM   #145
JackClark
Scooby Senior
Thread Starter
 
JackClark's Avatar
 
Join Date: Dec 2000
Location: Overdosed on LCD
Posts: 20,144
Default

There it is.

JackClark is offline   Reply With Quote
 
 
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump


All times are GMT +1. The time now is 10:38 AM.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: