Bitcoin
Bitcoin
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.
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
I don't understand it at all. I worked with a guy very briefly that was super into bitcoin. He's probably rich now.
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How easy is it to actually turn that into liquid cash? Is it as simple as transferring it to a bank account?
Bitcoin
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.
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Tyler wrote:Source of the postwags83 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
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?
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Tyler wrote:Source of the postcwilkins88 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.
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This doesn't seem logical... but none of this is!
Bitcoin
At least his math checks out. If I understood more about Bitcoin buying and selling I'd consider it.
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Bitcoin
HOW DO YOU ACQUIRE BITCOIN AND WHAT DETERMINES THE VALUE?!?!?!?!!
Bitcoin
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
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
https://new.nicehash.com/profitability- ... rrency=USD
Bitcoin
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.
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Bitcoin
Never bought any. Don't know how. Where would I use it?
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Time to sell boys!
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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
Dogecoin inventor thinks the cryptocurrency bubble will blow up in everyone's face
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John Oliver segment from last night
https://www.youtube.com/watch?v=g6iDZspbRMg
https://www.youtube.com/watch?v=g6iDZspbRMg
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