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  • FIRST POST
    • NineDeuce
    • By NineDeuce 6th Dec 17, 9:01 AM
    • 526Posts
    • 468Thanks
    NineDeuce
    Bitcoin
    • #1
    • 6th Dec 17, 9:01 AM
    Bitcoin 6th Dec 17 at 9:01 AM
    There are so many websites regarding this giving complicated explanations of what it is and how it works.

    However, is it worth investing in?

    Where and how can you buy things?

    Or is it better to buy and watch the value of it?

    Are there any alternatives to Bitcoin that exist or are up and coming which might be a better investment... if it is indeed a good investment at all?.....
Page 2
    • Zola.
    • By Zola. 7th Dec 17, 3:46 PM
    • 1,144 Posts
    • 440 Thanks
    Zola.
    Its over £12,500 today.

    MENTAL.
    • TBC15
    • By TBC15 7th Dec 17, 4:06 PM
    • 264 Posts
    • 87 Thanks
    TBC15
    Train wreck, train wreck anyone want a front seat.
    • Zola.
    • By Zola. 7th Dec 17, 4:15 PM
    • 1,144 Posts
    • 440 Thanks
    Zola.
    Thats what many have been saying for years, yet it grows, and grows and grows and grows......



    * I am still to scared/lazy to get involved.
    • TBC15
    • By TBC15 7th Dec 17, 4:23 PM
    • 264 Posts
    • 87 Thanks
    TBC15
    Its just nice to be on the side-lines and enjoy the spectacle, as apposed to in the driving seat as the wheels come off.
    • ColdIron
    • By ColdIron 7th Dec 17, 4:29 PM
    • 3,660 Posts
    • 4,402 Thanks
    ColdIron
    Thats what many have been saying for years, yet it grows, and grows and grows and grows......
    Originally posted by Zola.
    Well given that over 90% of its increase in price occurred in 2017 (and the bulk of that in the last 3 months) one year I suppose.
    • Qubit
    • By Qubit 7th Dec 17, 5:06 PM
    • 41 Posts
    • 3 Thanks
    Qubit
    Theres a big correction coming for sure.
    • joeypesci
    • By joeypesci 7th Dec 17, 6:40 PM
    • 407 Posts
    • 129 Thanks
    joeypesci
    * I am still to scared/lazy to get involved.
    Originally posted by Zola.
    Same

    Originally when I heard about it all those years back I ignored it and thought "Fools, its clearly a pyramid scheme". I was wrong but still was too scared to risk any money in it.

    But then I also thought, in the 90s "Mobile phones? They won't catch on. It will just be like the 80s where they were a fad".
    • catoutthebag
    • By catoutthebag 7th Dec 17, 7:20 PM
    • 2,177 Posts
    • 478 Thanks
    catoutthebag
    Now the big daddy's are in it, there is apparently going to be s big shorting next week. Sell SOON
    • robin58
    • By robin58 7th Dec 17, 7:28 PM
    • 2,012 Posts
    • 2,101 Thanks
    robin58
    There are so many websites regarding this giving complicated explanations of what it is and how it works.

    However, is it worth investing in?

    Where and how can you buy things?

    Or is it better to buy and watch the value of it?

    Are there any alternatives to Bitcoin that exist or are up and coming which might be a better investment... if it is indeed a good investment at all?.....
    Originally posted by NineDeuce
    As they say, if your Taxi driver is saying it's a great investment to get into, it's time to get out.

    To be honest if you are only chasing the value, don't get bother with is now as you have missed the boat.

    Plus it would not surprise me if the price crashes in the next 2 months.
    The more I live, the more I learn.
    The more I learn, the more I grow.
    The more I grow, the more I see.
    The more I see, the more I know.
    The more I know, the more I see,
    How little I know.!!
    • richb007
    • By richb007 7th Dec 17, 7:32 PM
    • 5 Posts
    • 1 Thanks
    richb007
    Hi
    I bought £50 of Bitcoin in the summer in 2 lots. Today its at £192 in my Blockchain wallet which is great.
    Questions
    is it safe??
    Why is it over £200 if google its value??
    Shall i move it to a different wallet provider/are Blockchain legit??
    Can i just exchange to my Bank Acc?

    I am aware Blockchain is the name of my wallet provider and the term used to describe the process.

    Any experts or those in the know..
    Quick Reply Thanks 0
    • catoutthebag
    • By catoutthebag 7th Dec 17, 8:12 PM
    • 2,177 Posts
    • 478 Thanks
    catoutthebag
    Is Exodus.io a sufficient free wallet or should one get a hard wallet for fifty to one hundred English pounds
    • fun4everyone
    • By fun4everyone 7th Dec 17, 8:18 PM
    • 850 Posts
    • 1,385 Thanks
    fun4everyone
    Get a trezor or nano s, end of discussion. Both are just as good as each other.
    • Ifts
    • By Ifts 8th Dec 17, 6:13 AM
    • 1,762 Posts
    • 1,095 Thanks
    Ifts
    I now suspect we will have a massive crash before then and who knows if it will recover enough to hit £30k!
    Originally posted by Bonnie151
    Maybe sell some to use up this years CGT allowance, if you won't be using it on anything else.
    Never let the perfume of the premium overpower the odour of the risk
    • Zola.
    • By Zola. 8th Dec 17, 12:40 PM
    • 1,144 Posts
    • 440 Thanks
    Zola.
    Do bit coins have to be stored on physical harddrive type devices now?
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