Bitcoin, Blockchain and Cryptocurrencies |
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engpad
500 Club la la la Joined: 03 Oct 2007 Status: Offline Points: 554 |
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Posted: 14 Jun 2017 at 11:10am |
Anyone invested in this or any other crypto-currencies?
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Zinedine Kilbane 110
Jack Charlton Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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A year ago BTC was trading at 500 and now its nearly 3000. Jim Cramer reckons the only way is up as its a great way to move money out of countries and transact anonymous. You can see the type of people who might be interested in it! It has gone up too much in the last 3 months so not a buy now. |
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bhob
Roy Keane YBIGs Donald Trump Joined: 13 Feb 2009 Location: Ireland Status: Offline Points: 10470 |
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Something ridiculous like if you bought $100 worth of it 7 years ago it would be worth $5million now. |
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pre Madonna
Robbie Keane I am MALDING Joined: 30 Nov 2014 Location: Trumpton Status: Offline Points: 44659 |
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http://www.theguardian.com/technology/2013/nov/27/hard-drive-bitcoin-landfill-site
Always makes me think of this guy.
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Bob Hoskins
Moderator Group Joined: 29 Jul 2007 Status: Offline Points: 20175 |
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I was gonna start a thread on this, sick I didn't buy back in 2010 was thinking of like €1000 or so.
The hardest bit is who to buy it from? Brokers and what have you
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Romario 2016: And the ticket mafia gets caught! Well, four years ago I had already told the government.
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Zinedine Kilbane 110
Jack Charlton Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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Yeah just seen it was trading at 6 cents in 2011 and now at $3000 so thats right.
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Fitzinho
Kevin Kilbane Joined: 10 Aug 2011 Location: Dublin Status: Offline Points: 479 |
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Bought €500 worth about a year ago, when it went to €1,000 I sold. Happy that I doubled my money. Then I watched it continue to go up and up.
If there is a crash I'll be all over it but it's the waiting game for now
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Bob Hoskins
Moderator Group Joined: 29 Jul 2007 Status: Offline Points: 20175 |
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how did you go about buying it Fitz?
Jesus it was 6 cent in 2011 I was looking at it before the World Cup in 2010, f**king hell I could have made a good few bob on it. Would've chased out long before it got to the ridiculous price it is now
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Romario 2016: And the ticket mafia gets caught! Well, four years ago I had already told the government.
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Zinedine Kilbane 110
Jack Charlton Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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From what I can gather its not straight forward to buy - there is no stock or ETF that tracks it.
There is an app that allows you to set up a wallet and buy / sell it. |
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Fitzinho
Kevin Kilbane Joined: 10 Aug 2011 Location: Dublin Status: Offline Points: 479 |
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I bought on Xapo.com, remember it being recommended when I was doing my research. Their app is pretty neat also, takes a sec to see the price of BTC when you open it.
The other thing I got was physical debit card which is linked to my Xapo account, so if there was anywhere which accepted Bitcoins I could use that card to pay if I wanted or in an ATM. The cash isn't locked down to online purchases. I haven't really used the card though, my interest in Bitcoin is to make money which I've done only a tiny bit of. I listened to Andreas Antonopoulos on the Joe Rogan podcast who is an expert on Bitcoin and I got involved after that.
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ShamtheRam
Paul McGrath Joined: 05 Apr 2009 Location: Ireland Status: Offline Points: 18139 |
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Price seems to be way down the last 24 hours
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YBIG NPF founder and CEO
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Bob Hoskins
Moderator Group Joined: 29 Jul 2007 Status: Offline Points: 20175 |
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where do you check the prices?
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Romario 2016: And the ticket mafia gets caught! Well, four years ago I had already told the government.
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Hickster74
Davey Langan Joined: 20 Oct 2015 Location: Depends Status: Offline Points: 931 |
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Bitcoin is listed on normal fx exchanges like XE.com but www.coingecko.com or www.coinmarketcap.com lists all cryptocurrencies...
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engpad
500 Club la la la Joined: 03 Oct 2007 Status: Offline Points: 554 |
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I buy on Coinbase, which is an exchange, then I transfer to Trezor which is the hardware wallet I bought to hold my coins so no danger from hackers or from exchanges running into difficulty like Mt Gox did.
Check out https://www.buybitcoinworldwide.com/ that has a good guide of the best exchanges for where you are in the world and the pros/cons of each. |
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colemanY2K
Roy Keane Fresh minty breath Joined: 01 Mar 2010 Location: London Status: Offline Points: 14959 |
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"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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Zinedine Kilbane 110
Jack Charlton Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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Another cryptocurrency Ethereum crashed in June.
It went from $350 to 10 cents and back up again on the same day..... I seen some people on twitter claiming they got in on the low. |
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DUBLIN DOC
Jack Charlton The F The F The FAI Joined: 30 Jun 2009 Location: Abbottstown Status: Offline Points: 9155 |
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daboi89
Ray Houghton Joined: 20 Sep 2011 Location: London Status: Offline Points: 4902 |
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BitVendo @BitVendo 5 Jun 2014
More New software update allows us to control the ATM 100% remotely :) We have over 20,000 euros worth of #bitcoin ready to sell... #ireland 0 replies 3 retweets 4 likes Reply Retweet 3 Like 4 girl from my home town set up bitvendo back a few years ago... im wondering how much she sold or kept. packed up her stuff and moved to thailand last year .. good god knows how much 20000 of bitcoin back then is worth now |
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