Bitcoin hits $1000!
#218
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#219
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iTrader: (6)
Join Date: Jun 2001
Location: Northampton, Xbox GamerTag - Neanderthal1976
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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 is now 174% from last week.
#221
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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.
#224
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#225
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#228
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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.
#230
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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.
#231
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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.
Payment took about an hour which kind of sucks, bread's a good wallet but you just have to suck up their transaction choices.
#232
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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.
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.
#234
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#235
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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.
Bit gutted I sold half of mine to cover my initial investment but still very nice.
#237
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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 😀
#239
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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
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
#240
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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.