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  • FIRST POST
    • NineDeuce
    • By NineDeuce 6th Dec 17, 9:01 AM
    • 825Posts
    • 754Thanks
    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
    • 1,222 Posts
    • 482 Thanks
    Zola.
    Its over 12,500 today.

    MENTAL.
    • TBC15
    • By TBC15 7th Dec 17, 4:06 PM
    • 473 Posts
    • 243 Thanks
    TBC15
    Train wreck, train wreck anyone want a front seat.
    • Zola.
    • By Zola. 7th Dec 17, 4:15 PM
    • 1,222 Posts
    • 482 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
    • 473 Posts
    • 243 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
    • 4,161 Posts
    • 5,247 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
    • 47 Posts
    • 8 Thanks
    Qubit
    Theres a big correction coming for sure.
    • joeypesci
    • By joeypesci 7th Dec 17, 6:40 PM
    • 498 Posts
    • 180 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
    • 2,182 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
    • 2,326 Posts
    • 2,604 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
    • 2,182 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
    • 988 Posts
    • 1,522 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
    • 1,790 Posts
    • 1,131 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
    • 1,222 Posts
    • 482 Thanks
    Zola.
    Do bit coins have to be stored on physical harddrive type devices now?
    • planteria
    • By planteria 15th Dec 17, 12:11 PM
    • 4,987 Posts
    • 1,107 Thanks
    planteria
    no. some folks are just printing the access information and putting it somewhere they deem safe.
    • elephantrosie
    • By elephantrosie 15th Dec 17, 7:40 PM
    • 425 Posts
    • 121 Thanks
    elephantrosie
    too expensive now. i have missed the boat
    Another night of thankfulness.
    • planteria
    • By planteria 16th Dec 17, 5:56 PM
    • 4,987 Posts
    • 1,107 Thanks
    planteria
    you could be right, but perhaps during the coming months the price will increase 2, 3, 4 or 5 times, or more? that's the point.. no one really knows.
    • dividendhero
    • By dividendhero 16th Dec 17, 9:22 PM
    • 201 Posts
    • 180 Thanks
    dividendhero
    Hands up who remembers the predecessor of bitcoin, E-gold? Now worthless and consigned to history...
    Last edited by dividendhero; 16-12-2017 at 9:30 PM.
    • pawlala
    • By pawlala 17th Dec 17, 12:48 PM
    • 1,235 Posts
    • 3,315 Thanks
    pawlala
    too expensive now. i have missed the boat
    Originally posted by elephantrosie
    Try a different currency. Ripple, perhaps?
    Mortgage free I: 8th December 2009!
    Mortgage free II: New Year's Eve 2013!
    Mortgage free III: Est. Dec 2019...
    • pawlala
    • By pawlala 17th Dec 17, 12:50 PM
    • 1,235 Posts
    • 3,315 Thanks
    pawlala
    Its over 12,500 today.

    MENTAL.
    Originally posted by Zola.
    15,000 now.
    Mortgage free I: 8th December 2009!
    Mortgage free II: New Year's Eve 2013!
    Mortgage free III: Est. Dec 2019...
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