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Bitcoin
Mar 6, 2014 10:53:10 GMT -8
Post by aztecwin on Mar 6, 2014 10:53:10 GMT -8
Does anyone have any experience with Bitcoin?
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Bitcoin
Mar 6, 2014 19:28:08 GMT -8
Post by azteccc on Mar 6, 2014 19:28:08 GMT -8
Does anyone have any experience with Bitcoin? Some. Great to buy $#!+, horrible to invest in. If you think you're good at technical trading, riding short term trends can make you some money but getting your money into and out of exchanges is a whole 'nother can of worms. I'm assuming you saw Mt Gox go belly up the other day. The US govt has a dangerous % of the entire market after they seized the Silk Road a few months back - enough that they could cause a crash. The theory behind it is great though, take control of a currency out of the hands of the government. Pure market. If you do dabble in them at all, be careful - a lot of places that use bitcoin require the use of Tor, but using the service for anything personal is opening up your info to whomever is running exit nodes (both government honeypots and bad actors)... dangerous. |
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Post by aztecwin on Mar 7, 2014 9:49:39 GMT -8
Does anyone have any experience with Bitcoin? Some. Great to buy $#!+, horrible to invest in. If you think you're good at technical trading, riding short term trends can make you some money but getting your money into and out of exchanges is a whole 'nother can of worms. I'm assuming you saw Mt Gox go belly up the other day. The US govt has a dangerous % of the entire market after they seized the Silk Road a few months back - enough that they could cause a crash. The theory behind it is great though, take control of a currency out of the hands of the government. Pure market. If you do dabble in them at all, be careful - a lot of places that use bitcoin require the use of Tor, but using the service for anything personal is opening up your info to whomever is running exit nodes (both government honeypots and bad actors)... dangerous. Thanks, I have been watching the news about this and it got my attention. I don't think I want to do anything but watch. |
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Bitcoin
Apr 1, 2014 14:37:09 GMT -8
Post by aztecwin on Apr 1, 2014 14:37:09 GMT -8
I read the long story on BitCoin in the Sunday Union Tribune. I don't think I will get in now, but I can see just how this works and how it was intended to work a little clearer now. Really not a bad idea, but the mechanics and the mechanism for the mechanics are still a big problem.
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Bitcoin
Aug 19, 2014 17:37:39 GMT -8
Post by ectocooler on Aug 19, 2014 17:37:39 GMT -8
I have TONS of bitcoin experience.
So far, no one seems to know what they are talking about.
silkroad coins were already auctioned off privately, didn't and will not hit the exchanges.
As of today, bitcoin took a small dip, watch closely and buy in around 430. You will see it rise again in the coming months. I've been buying and selling bitcoins since 2012.
Places to spend bitcoin - newegg, overstock, tigerdirect, dell, etc etc...
mass adoption in the works.
buy in now, or miss the train. my 2 cents.
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Bitcoin
Aug 21, 2014 16:59:20 GMT -8
Post by AztecBill on Aug 21, 2014 16:59:20 GMT -8
I have TONS of bitcoin experience. So far, no one seems to know what they are talking about. silkroad coins were already auctioned off privately, didn't and will not hit the exchanges. As of today, bitcoin took a small dip, watch closely and buy in around 430. You will see it rise again in the coming months. I've been buying and selling bitcoins since 2012. Places to spend bitcoin - newegg, overstock, tigerdirect, dell, etc etc... mass adoption in the works. buy in now, or miss the train. my 2 cents. Could you give us a bitcoins for dummies synopsis about how it works? |
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Bitcoin
Sept 14, 2014 13:47:56 GMT -8
Post by ectocooler on Sept 14, 2014 13:47:56 GMT -8
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Bitcoin
Sept 19, 2014 8:14:04 GMT -8
Post by Frantic on Sept 19, 2014 8:14:04 GMT -8
Recommendations on where and how to buy them?
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Bitcoin
Sept 20, 2014 10:56:13 GMT -8
Post by ectocooler on Sept 20, 2014 10:56:13 GMT -8
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Bitcoin
Oct 5, 2014 16:36:03 GMT -8
Post by Spud on Oct 5, 2014 16:36:03 GMT -8
Yeah, I'd do A LOT of research before dumping your money into this....if you took the dude's advice above on August 19th, you'd already be down at least 26%. The main issue here will be how the Fed's deal with bitcoin...they don't like untraceable money...lots of other issues too...but if you have some extra coin laying around and aren't afraid of high risk/return, then it's probably for you. CrAsH!!!Investment? |
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Bitcoin
Jan 30, 2015 10:01:46 GMT -8
Post by azteccc on Jan 30, 2015 10:01:46 GMT -8
I have TONS of bitcoin experience. So far, no one seems to know what they are talking about. As of today, bitcoin took a small dip, watch closely and buy in around 430. You will see it rise again in the coming months. I've been buying and selling bitcoins since 2012. mass adoption in the works. buy in now, or miss the train. my 2 cents. hope you didn't hop too far on that train dude bitcoincharts.com/charts/bitfinexUSD#rg180zczsg2014-08-19zeg2015-01-31ztgMzm1g10zm2g25zv |
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Bitcoin
Jun 19, 2017 11:38:43 GMT -8
Post by Frantic on Jun 19, 2017 11:38:43 GMT -8
As of January 2015, the date of the last post above, you could have purchased a Bitcoin for $280. Today's closing price is $2,574.
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Bitcoin
Jun 19, 2017 13:26:09 GMT -8
Post by ectocooler on Jun 19, 2017 13:26:09 GMT -8
I have TONS of bitcoin experience. So far, no one seems to know what they are talking about. As of today, bitcoin took a small dip, watch closely and buy in around 430. You will see it rise again in the coming months. I've been buying and selling bitcoins since 2012. mass adoption in the works. buy in now, or miss the train. my 2 cents. hope you didn't hop too far on that train dude bitcoincharts.com/charts/bitfinexUSD#rg180zczsg2014-08-19zeg2015-01-31ztgMzm1g10zm2g25zv |
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Bitcoin
Jun 19, 2017 13:27:28 GMT -8
Post by ectocooler on Jun 19, 2017 13:27:28 GMT -8
Oh, I went WAY far on that train.
3 years out of college now, and I just bought my first house in SD. All thanks to bitcoin. check and mate
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Bitcoin
Jun 20, 2017 15:58:26 GMT -8
Post by aztecwin on Jun 20, 2017 15:58:26 GMT -8
Oh, I went WAY far on that train. 3 years out of college now, and I just bought my first house in SD. All thanks to bitcoin. check and mate Good for you! To me still looks like "greater fool" rule. I do not see what restricts supply and the idea of "Mining bitcoin" seems bizaro! |
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