Bitcoin

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4 years 4 months ago #672659 by lotters
Bitcoin was created by lotters
Just been looking into Bitcoin . Quite interesting and got Bill Gates saying very positive things about them . Need to do a lot of research here but could be a very exciting and profitable investment once people start believing in this interesting concept . Whats your views on this ?

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4 years 4 months ago #672661 by bayern
bayern on topic Bitcoin
Try and watch/download the documentary, Banking On Bitcoin.

Guessing has never been widely acclaimed as a good gambling strategy

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4 years 4 months ago #672671 by Mac
Mac on topic Bitcoin
R25,000 for one bitcoin now. A couple of years ago one bitcoin was worth about R1,500 and if you bought a couple of dollars worth a few years ago they would be literally worth millions. I was talking to colleagues at work about experimenting with a transaction to buy a bitcoin but was horrified to see that it was R25,000. Bitcoin investment will hide you from the tax loop, oh yes ;)

But beware, extremely volatile.

Well, that R25,000 I saw Thursday has just grown into R29,000.

"Lot 226, 2016 NYS, Diamondveld, R1.5m"

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4 years 4 months ago #672681 by lotters
lotters on topic Bitcoin
Thanks Bayern and Mac will watch the documentary today and interesting feedback Mac cheers

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4 years 4 months ago #672775 by Magi
Magi on topic Bitcoin

R25,000 for one bitcoin now. A couple of years ago one bitcoin was worth about R1,500 and if you bought a couple of dollars worth a few years ago they would be literally worth millions. I was talking to colleagues at work about experimenting with a transaction to buy a bitcoin but was horrified to see that it was R25,000. Bitcoin investment will hide you from the tax loop, oh yes ;)

But beware, extremely volatile.

Well, that R25,000 I saw Thursday has just grown into R29,000.


Try R39000 at present. Guys, this is THE future. Ignore mainstream 'false news' media... fiat currencies are going to die a slow death, slow for sure but is going to happen. I am currently invested in 13 different cryptocurrencies .... Bitcoin is like the reserve currency .. the others will be your day to day stuff. It is a complex subject... as it stands . I work for a major retailer and have been tasked with heading up the blockchain initiative (blockchain is the technology which drives Bitcoin). For youngsters this is very exciting times....right up there with the industrial revolution.
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4 years 4 months ago #672808 by Karma
Karma on topic Bitcoin
I know a very wealthy chap who tbvh is not the most techno savvy person going around, but is a brilliant businessman. Anyway, we was telling me about how we had just deposited his first 25k into bitcoin and how he was going to make plenty...

The next day he came to see me... Told me how he got home and called his Mrs to his home office to see what he had just invested into. Put his laptop on, logged in only to see no investment :sick: he got scammed... the wife hasnt to happy with him, but luckily the 25k wont put him out on the street.. well he was even laughing about it, so didnt hit him to hard..

So just as usual with anything online.... PASOP!

Are you living your life or waiting to die?

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4 years 4 months ago #672809 by Magi
Magi on topic Bitcoin
Karma is correct. With crypto having triple digit growth, and of course BTC appreciating so fast... There are many scammers out there. As usual do your homework.

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4 years 4 months ago #673013 by Mac
Mac on topic Re:Bitcoin
And we thought Bitcoin is going through the roof.



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"Lot 226, 2016 NYS, Diamondveld, R1.5m"

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4 years 4 months ago #673300 by Magi
Magi on topic Re:Bitcoin

And we thought Bitcoin is going through the roof.



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One of my crypto investments....bought at $11.... I also hold XLM, REP, DASH, XDN, DOGE, RDD,... plus five or six others....

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4 years 4 months ago #673332 by Mac
Mac on topic Re:Bitcoin
Magi, got my first on Friday for Ripples, XPR


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"Lot 226, 2016 NYS, Diamondveld, R1.5m"

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4 years 4 months ago #673375 by johnnycomelately
johnnycomelately on topic Bitcoin
I invested in some nipples in the eighties
It grew so much i eventually had to let it go :unsure:

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4 years 4 months ago - 4 years 4 months ago #673767 by Magi
Magi on topic Re:Bitcoin

Magi, got my first on Friday for Ripples, XPR


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Good man. xrp is used by financial institutions to transfer funds internationally, it is not true blockchain as the nodes are centralised. It is their target to decentralise over the next two years, but only to approved nodes which still implies central control.
Last edit: 4 years 4 months ago by Magi.
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