Bitcoin
- Thread starter nedman87
- Start date
It’s the original digital currency that started back in 2009. At the start of this year it was worth $1000 a coin. It’s now at $6000 a coin.
Have a google, it’s crazy!
I’m earning 140% return on capital through usi-tech plus rebuying for compound interest. Plus if the value of bitcoin keeps going up, it’s worth even more!
Have a google, it’s crazy!
I’m earning 140% return on capital through usi-tech plus rebuying for compound interest. Plus if the value of bitcoin keeps going up, it’s worth even more!
systemlord
TK Veteran
I use Bitcoin for some online purchases. ;) Try https://bitbargain.co.uk/ to buy coins and Electrum for your wallet to keep your coins.
systemlord
TK Veteran
Everywhere I've seen is by bank transfer only.
H4MZ4
Member
The few places that do require crazy personal information like documents with your address.
systemlord
TK Veteran
They're all like that because they want to make sure you're not a terrorist or something. No-one will just sell you Bitcoins without ID verification.
goose1
TK Veteran
agree there i wish now i bought some when it first started you see all banks and celebs buying it now
steptoe
VIP Member
I know a guy spent about 3k about 4 years ago on a PC for mining, and he reckoned he'd missed the boat, but still thought it worth the chance.
goose1
TK Veteran
end of day we all take a chance just some come of real good and others just waste there money or trying to catch up
teddybloat
TK Veteran
The search term 'buying bitcoin with credit cards' has rocketed according to Google analytics. With those 5 words being most searched in Nigeria, us, Canada.
Was reading a thread from four years ago where the buzz was then breaking the 100 dollar mark.
The potential is huge as if bitcoin becomes a significant % of the world's cash then each coin could be worth millions due to their inherent scarsity (max 21million coins will ever exist)
But when you have Nigerians dumping money onto credit cards fuelling the increase you know you're in for some variance.
As a long term investment it could be very lucrative, but I can see people getting absolutely shafted by the short term swings.
Was reading a thread from four years ago where the buzz was then breaking the 100 dollar mark.
The potential is huge as if bitcoin becomes a significant % of the world's cash then each coin could be worth millions due to their inherent scarsity (max 21million coins will ever exist)
But when you have Nigerians dumping money onto credit cards fuelling the increase you know you're in for some variance.
As a long term investment it could be very lucrative, but I can see people getting absolutely shafted by the short term swings.
lotteryherd
Newbie
Man, this whole Bitcoin thing throws me into a tailspin. I kind of understand what it is but that's got to have implications for the economy and stuff, right? Can people just keep making bitcoins?
