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Bitcoin, Blockchain and Cryptocurrencies
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Bob Hoskins View Drop Down
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Points: 20175 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Bob Hoskins Quote  Post ReplyReply Direct Link To This Post Posted: 11 Aug 2017 at 12:09pm
Ethereum and the blockchain technology is the most interesting stuff, it's not a currency. It enables anyone that develops daps (I always think of the D'unbelievables with that name) on it. 

Daps will explode as more and more businness work out how much saving they can make using the technology, some of those daps companies could go onto to be the next google and facebook. 

I'd imagine this is the main reason so much money is going in, it's a bubble in some ways but not in others

There is also the possiblity that it could see the end of modern day banking, which would be great as there is no need for the banking middleman. It's unchartered territory but very interesting.

Currently I'm using Revolut (not anything to do with bitcoin or blockchain) for a lot of my banking, I have an English bank acccount tied in with it, so I'll probably just migrate over to them and close the AIB account. 
Romario 2016: And the ticket mafia gets caught! Well, four years ago I had already told the government.
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I'm selling magic beans if anyone is interested
Pied Piper to: Baldrick, Brendan 88, 9Fingers, Borussia and more...

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Jack Charlton
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Revolut is the biz.
Really useful for those travelling from/ to Ire/UK.

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Points: 14959 		Post Options Post Options   Thanks (0) Thanks(0)   Quote colemanY2K Quote  Post ReplyReply Direct Link To This Post Posted: 16 Sep 2017 at 12:55am
https://www.theguardian.com/technology/2017/sep/15/bitcoin-value-plummets-after-china-orders-trading-in-currency-to-cease#img-1

Hmmmmm... this has fools gold written all over it.

Edited by colemanY2K - 16 Sep 2017 at 12:55am
"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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bbc Iplayer doc about the about dark web website Silk Road founder user name Dread Pirate Robert ( since jailed for life) their currency was bitcoins
 
Pretty interesting doc
'Irish' Songs for an Irish team - no SPL EPL generic sh*te
Richard Dunne - 6th Sept 11 - best marshalling of a defence in Moscow since General Zukov Russia V Germany 1941
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Points: 9155 		Post Options Post Options   Thanks (0) Thanks(0)   Quote DUBLIN DOC Quote  Post ReplyReply Direct Link To This Post Posted: 16 Sep 2017 at 10:23am
Originally posted by Newryrep Newryrep wrote:

bbc Iplayer doc about the about dark web website Silk Road founder user name Dread Pirate Robert ( since jailed for life) their currency was bitcoins
 
Pretty interesting doc
Thanks for the heads up NR but i have no real interest in stuff like that
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Liam Brady
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Originally posted by colemanY2K colemanY2K wrote:

https://www.theguardian.com/technology/2017/sep/15/bitcoin-value-plummets-after-china-orders-trading-in-currency-to-cease#img-1

Hmmmmm... this has fools gold written all over it.


The drop in value is actually from small investors all rushing to sell their stock when news like this comes out. Same thing happened when JPMorgan's Dimon came out with an absolute bullsh*t interview the other day.
https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

Now would actually be a very good time to invest in bitcoin as the value will shoot back up as it has time and time again when news like this comes out.
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Newryrep View Drop Down
Paul McGrath
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Points: 15256 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Newryrep Quote  Post ReplyReply Direct Link To This Post Posted: 16 Sep 2017 at 11:16am
Originally posted by DUBLIN DOC DUBLIN DOC wrote:

Originally posted by Newryrep Newryrep wrote:


bbc Iplayer doc about the about dark web website Silk Road founder user name Dread Pirate Robert ( since jailed for life) their currency was bitcoins
 
Pretty interesting doc
Thanks for the heads up NR but i have no real interest in stuff like that


Any other documentaries I can't interest you in just let me know 👍
'Irish' Songs for an Irish team - no SPL EPL generic sh*te
Richard Dunne - 6th Sept 11 - best marshalling of a defence in Moscow since General Zukov Russia V Germany 1941
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Jack Charlton
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Points: 9155 		Post Options Post Options   Thanks (0) Thanks(0)   Quote DUBLIN DOC Quote  Post ReplyReply Direct Link To This Post Posted: 16 Sep 2017 at 11:58am
Originally posted by Newryrep Newryrep wrote:

Originally posted by DUBLIN DOC DUBLIN DOC wrote:

Originally posted by Newryrep Newryrep wrote:


bbc Iplayer doc about the about dark web website Silk Road founder user name Dread Pirate Robert ( since jailed for life) their currency was bitcoins
 
Pretty interesting doc
Thanks for the heads up NR but i have no real interest in stuff like that


Any other documentaries I can't interest you in just let me know 👍
LOL Touche my good man
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Ray Houghton
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Points: 4902 		Post Options Post Options   Thanks (0) Thanks(0)   Quote daboi89 Quote  Post ReplyReply Direct Link To This Post Posted: 19 Sep 2017 at 6:16am
just read an article there yesterday about some americian who invested 500 dollars in 2010.   he sold up all his stake this year for just under 21 million


21 f**king million

Edited by daboi89 - 19 Sep 2017 at 6:16am
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Davey Langan
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Points: 873 		Post Options Post Options   Thanks (0) Thanks(0)   Quote eboue16 Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2017 at 10:41pm
1 bitcoin is now worth $5700

f**k me i remember contemplating throwing €50 into it when I was in college. Backed out of it cause the working of it went over my head, and still does, to the extent where I'm not comfortable getting involved (foolishly at that)




Edited by eboue16 - 14 Oct 2017 at 10:42pm
"He f**ked me over and my attitude is an eye for an eye."
Roy Keane
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Gaz View Drop Down
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Points: 11575 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Gaz Quote  Post ReplyReply Direct Link To This Post Posted: 15 Oct 2017 at 12:08am
Brother in law asked me for advice last year about whether or not to invest in it and I told him not to go near it. Way too volatile

He invested about $30k in it anyway and it has now quadrupled in value

Moral of the story - never ask me for advice for anything
I dont email the count anymore, its been 9 months : ( He even sent me a YBIG scarf for my Birthday
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Points: 12452 		Post Options Post Options   Thanks (0) Thanks(0)   Quote PhilliyK Quote  Post ReplyReply Direct Link To This Post Posted: 15 Oct 2017 at 3:20am
It reduced in price about 6 months ago, still rather invest in amateur porns

Anyone looking to make a deposit be sure to contact me and my cameraman first
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Saint Tom View Drop Down
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Points: 9981 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Saint Tom Quote  Post ReplyReply Direct Link To This Post Posted: 15 Oct 2017 at 9:40am
Quit while ahead would be my advice. It's all too reminiscent of tulip mania
My destination inchicore my next stop being kilmainham
Where patriots and super saints are the topics of conversation
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AntrimMan View Drop Down
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Points: 9454 		Post Options Post Options   Thanks (0) Thanks(0)   Quote AntrimMan Quote  Post ReplyReply Direct Link To This Post Posted: 15 Oct 2017 at 10:04pm
Originally posted by Saint Tom Saint Tom wrote:

Quit while ahead would be my advice. It's all too reminiscent of tulip mania


Aye. I work in Derivatives but this stuff kinda baffles me. I see an emporers new clothes moment when people twig that this is actually just made up nonsense and the arse falls out of it.
@AntrimMan85
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Roy Keane
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Points: 10071 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Trapped Quote  Post ReplyReply Direct Link To This Post Posted: 16 Oct 2017 at 12:42am
Originally posted by Gaz Gaz wrote:

Brother in law asked me for advice last year about whether or not to invest in it and I told him not to go near it. Way too volatile

He invested about $30k in it anyway and it has now quadrupled in value

Moral of the story - never ask me for advice for anything
67% points to games ratio at the last Euro's (better than Portugal's)
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buhrke View Drop Down
Phil Babb
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Originally posted by Gaz Gaz wrote:

Brother in law asked me for advice last year about whether or not to invest in it and I told him not to go near it. Way too volatile

He invested about $30k in it anyway and it has now quadrupled in value

Moral of the story - never ask me for advice for anything


He's ballsy for sure! If you ask me, I think it will double in price to hit 10k and then the price will go down. I mean what are people really using BTC for? Buying mushrooms, what else? The price is really just driven by investors. The tech behind it has potential and hopefully one day will replace currencies like the Euro, but that needs another 10+ years for sure.
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daboi89 View Drop Down
Ray Houghton
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Points: 4902 		Post Options Post Options   Thanks (0) Thanks(0)   Quote daboi89 Quote  Post ReplyReply Direct Link To This Post Posted: 18 Oct 2017 at 6:07am
it was 3000 when i posted about ur man selling for 21 million lessd than 2 months ago

in 2 months the 21 million is now worth almost double that

there seems to be no end
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