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Bitcoin

Posted: Fri Jan 06, 2017 3:45 pm
by Tyler
I don't understand, but I know it was at it's highest this week.

I found a post online where someone bought a pizza in 2010 with $41 worth of bitcoin. That is worth $9 million now. I wish I was tech savvy in 2010 and mined and kept them until now.

Bitcoin

Posted: Fri Jan 06, 2017 5:13 pm
by wags83
I don't understand it at all. I worked with a guy very briefly that was super into bitcoin. He's probably rich now.

Bitcoin

Posted: Tue May 23, 2017 6:44 am
by Blue Jackets

Bitcoin

Posted: Tue May 23, 2017 7:12 am
by wags83
How easy is it to actually turn that into liquid cash? Is it as simple as transferring it to a bank account?

Bitcoin

Posted: Tue May 23, 2017 7:23 am
by Tyler
wags83 wrote:Source of the post How easy is it to actually turn that into liquid cash? Is it as simple as transferring it to a bank account?

I think there are several hoops to jump through, and most of the "bitcoin banks" aren't in the US, but I would say it's a hassle that's worth it.

Bitcoin

Posted: Tue May 23, 2017 7:50 am
by cwilkins88
Tyler wrote:Source of the post
wags83 wrote:Source of the post How easy is it to actually turn that into liquid cash? Is it as simple as transferring it to a bank account?

I think there are several hoops to jump through, and most of the "bitcoin banks" aren't in the US, but I would say it's a hassle that's worth it.


Reddit yesterday said that there are tons of buyers, and tons of marketplaces to do it. They made it sound like it was very easy.

Bitcoin

Posted: Tue May 23, 2017 7:54 am
by Tyler
cwilkins88 wrote:Source of the post They made it sound like it was very easy.

I stand corrected.

Should we all invest now? Buy high and sell low, right?

Bitcoin

Posted: Tue May 23, 2017 7:55 am
by cwilkins88
Tyler wrote:Source of the post
cwilkins88 wrote:Source of the post They made it sound like it was very easy.

I stand corrected.

Should we all invest now? Buy high and sell low, right?


Warren Buffet would be proud of us.

Bitcoin

Posted: Thu Jun 01, 2017 6:42 am
by Blue Jackets

Bitcoin

Posted: Thu Jun 01, 2017 6:59 am
by Tyler
This doesn't seem logical... but none of this is!

Bitcoin

Posted: Thu Jun 01, 2017 7:39 am
by bmyoungs
At least his math checks out. If I understood more about Bitcoin buying and selling I'd consider it.

Sent from my Pixel using Tapatalk

Bitcoin

Posted: Thu Jun 01, 2017 8:54 am
by wags83
HOW DO YOU ACQUIRE BITCOIN AND WHAT DETERMINES THE VALUE?!?!?!?!!

Bitcoin

Posted: Thu Jun 01, 2017 9:00 am
by Tyler
wags83 wrote:Source of the post HOW DO YOU ACQUIRE BITCOIN

Feddersen "invested" recently. Too bad he isn't on here to explain it all.

Bitcoin

Posted: Mon Jul 03, 2017 1:23 pm
by Tyler
I might start mining. Or rather you lease your computer in a way and get paid out in Bitcoin. Based on this I can make $125 a month after figuring in electrical cost

https://new.nicehash.com/profitability- ... rrency=USD

Bitcoin

Posted: Wed Jul 05, 2017 6:46 am
by Tyler
The calculator said my GPU should earn around $125/month (after figuring in electrical cost). I ran it over the weekend and I was only averaging a couple bucks a day. I shut it off.

Bitcoin

Posted: Sun Jul 23, 2017 2:30 am
by TheJose1972
Never bought any. Don't know how. Where would I use it?

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Bitcoin

Posted: Fri Jan 12, 2018 7:56 am
by Blue Jackets

Bitcoin

Posted: Fri Jan 12, 2018 4:56 pm
by Tyler
Time to sell boys!

Bitcoin

Posted: Mon Jan 22, 2018 7:42 am
by Blue Jackets
If there is anyone I trust on the topic, it is this guy

Dogecoin inventor thinks the cryptocurrency bubble will blow up in everyone's face

Bitcoin

Posted: Mon Mar 12, 2018 6:38 am
by Blue Jackets
John Oliver segment from last night
https://www.youtube.com/watch?v=g6iDZspbRMg