Remind us why you're commenting on this thead

 

Worth a watch, prepare for Monday

 

Very interesting twist, this could be huge or bull****, I think huge.

https://www.reddit.com/r/Bitcoin/com...AW&sh=6884046c

 

https://www.google.co.uk/amp/s/www.b...ology-42265728


Really useful

 

I'm wishing I split the money I invested in Bitcoin & Litecoin differently! 44% profit on Bitcoin, 147% on Litecoin!

 

Friend was raving about his Litecoin last night, that's a massive increase, any reasoning why?

 

I'm thinking people are seeing it as the 'new bitcoin' and as been as you could get a whole litecoin for £100 last week they're jumping on it?

 

Most likely, a lot of people still don't know you don't have to buy a whole bitcoin.

 

I think I got on Bitcoin at it's height, it's creeping up gradually but it's not the meteoric rise from Jan this year.
Litecoin is now 174% from last week.

 

Litecoin 256% from last week!
I fully expect it to have dropped like a stone when I get in to work tomorrow.

 

That's a good week!! I'm just trying to extract my Bitcoin Gold, well looking at options to do so, so far too much of a ball ache. Would sell that for something else.

 

https://www.reddit.com/r/Bitcoin/com...M9&sh=a4b65281

 

I'm struggling to hold on to my litecoin, it's still in profit (just).

 

Whats a good Litecoin chart? Is it on Yahoo?

 

The price of BCH keeps reminding me to hodl.

 

I'm just using coin base mate

 

Still up from last week, I guess it's settling itself back down to its proper level.

 

Just looked at sending a few grand to cash out, charges were very high, less than any other currency exchange but still a bit much. I hope they work on that.

 

Good to see 19 again. Every time I think of selling a bit.

 

I bought a trezor wallet with bitcoin. Felt great, I’d been waiting for 19’ish so I had enough in change. £95 inc £20 fee! That’s high but who cares.

 

Link for the interested https://trezor.io

Payment took about an hour which kind of sucks, bread's a good wallet but you just have to suck up their transaction choices.

 

Simplistic but here goes.

Bitcoins work by lots of computers doing serious maths to make sure your buying and selling are really well documented. They get paid to do this math and you get your transactions on the blockchain where anyone can see them removing doubt and middle men.

You get them by buying them. If I hadn't spent my change I could sell you some, anything down to a few pence, but don't forget you have to pay to send the bitcoin. This cost varies by how many transactions you do and how quickly you want payment to happen. You spend them by scanning QR codes, a comment above you can see a device I just bought and have a go at paying to see it in action.

Go with a big exchange like Coinbase, I used Bitilicious, but there are tons of other big names. Watch out for pyramid schemes doing the rounds on Facebook and the like, you want to buy Bitcoin not earn commission. Remember there will be a record of your purchase so prepare to pay tax if you make a profit.

 

****! I was on the wrong page and someone asked what Bitcoin is how to get some. Typed the above, not deleting it now! Doh!

 

Help me Jack, been reading the whole thread and didn't have a clue what the hell was going on!!
Thanks

 

Coinbase just gave their customers access to their Bitcoin Cash - BCH.



Bit gutted I sold half of mine to cover my initial investment but still very nice.

 

Tempted, although Coinbase have temporarily disabled bitcoincash transactions

 

Saw talk of that on Reddit, must have been overwhelming. I wish I hadn’t sold, I threw a grand away last month in today’s money paying back my initial BTC investment of £150, and I thought I’d scored.

I can’t wait to get mine off my phone, the wallet I have stinks. Back order on the Trezor till Feb, I wonder what I will have paid for that when I receive it 😀

 

Everything's dipping again, tempted to hop back on!

 

For once I sold at the right time, pretty sure it was 19k.

Wow! That's a huge dip!! Everyone who said they wish they'd bought at that price will be jumping in, plus Christmas gifts, or not

 

I'm seriously considering heating my new shed with a mining rig https://www.coindesk.com/winter-is-c...at-and-profit/ hot water in the shed would be pretty handy, ghetto jacuzzi maybe.