Bitcoin

Tyler · Postby **Tyler** » Fri Jan 06, 2017 3:45 pm

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.

wags83 · Postby **wags83** » Fri Jan 06, 2017 5:13 pm

I don't understand it at all. I worked with a guy very briefly that was super into bitcoin. He's probably rich now.

Blue Jackets · Postby **Blue Jackets** » Tue May 23, 2017 6:44 am

If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million now after new record high

wags83 · Postby **wags83** » Tue May 23, 2017 7:12 am

How easy is it to actually turn that into liquid cash? Is it as simple as transferring it to a bank account?

Tyler · Postby **Tyler** » Tue May 23, 2017 7:23 am

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.

cwilkins88 · Postby **cwilkins88** » Tue May 23, 2017 7:50 am

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.

Tyler · Postby **Tyler** » Tue May 23, 2017 7:54 am

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?

cwilkins88 · Postby **cwilkins88** » Tue May 23, 2017 7:55 am

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.

Blue Jackets · Postby **Blue Jackets** » Thu Jun 01, 2017 6:42 am

Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price

Tyler · Postby **Tyler** » Thu Jun 01, 2017 6:59 am

This doesn't seem logical... but none of this is!

bmyoungs · Postby **bmyoungs** » Thu Jun 01, 2017 7:39 am

At least his math checks out. If I understood more about Bitcoin buying and selling I'd consider it.

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wags83 · Postby **wags83** » Thu Jun 01, 2017 8:54 am

HOW DO YOU ACQUIRE BITCOIN AND WHAT DETERMINES THE VALUE?!?!?!?!!

Tyler · Postby **Tyler** » Thu Jun 01, 2017 9:00 am

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.

Tyler · Postby **Tyler** » Mon Jul 03, 2017 1:23 pm

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

Tyler · Postby **Tyler** » Wed Jul 05, 2017 6:46 am

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.

TheJose1972 · Postby **TheJose1972** » Sun Jul 23, 2017 2:30 am

Never bought any. Don't know how. Where would I use it?

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Blue Jackets · Postby **Blue Jackets** » Fri Jan 12, 2018 7:56 am

Bitcoin and cryptocurrencies 'will come to bad end', says Warren Buffett

Tyler · Postby **Tyler** » Fri Jan 12, 2018 4:56 pm

Time to sell boys!

Blue Jackets · Postby **Blue Jackets** » Mon Jan 22, 2018 7:42 am

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

Blue Jackets · Postby **Blue Jackets** » Mon Mar 12, 2018 6:38 am

John Oliver segment from last night
https://www.youtube.com/watch?v=g6iDZspbRMg