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The Bitcoin (BTC) thread
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worldwidetraveler Offline
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Post: #276
RE: Bitcoins up 60% in less than a month
(10-22-2013 10:49 AM)el mechanico Wrote:  The guys in the BTC-e troll box said I have no business knowing what bitcoins are nor should i be investing

They probably read your mac thread.
10-22-2013 11:19 AM
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el mechanico Offline
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Post: #277
RE: Bitcoins up 60% in less than a month
(10-22-2013 11:19 AM)worldwidetraveler Wrote:  
(10-22-2013 10:49 AM)el mechanico Wrote:  The guys in the BTC-e troll box said I have no business knowing what bitcoins are nor should i be investing

They probably read your mac thread.
My mac works titties I'm never going back also helps keep my bitcoin fortune safe.
10-22-2013 11:27 AM
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worldwidetraveler
Emancipator Offline
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Post: #278
RE: Bitcoins up 60% in less than a month
Got some cash in the bank sitting there doing nothing (and won't be for another year or so)

Thinking of buying a LTC&BTC if anyone has any tips or recommendations pm me

Also the world's first BTC ATM opened in a coffee shop here, going to go check it out.

Mother Nature is a bitch & Father Time has an undefeated record
"If you watch cinderella backwards, its about a woman who learns her place." --Kbell

demographics is destiny
(This post was last modified: 10-30-2013 07:43 PM by Emancipator.)
10-30-2013 07:29 PM
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Steve9 Offline
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Post: #279
RE: Bitcoins up 60% in less than a month
(10-30-2013 07:29 PM)Emancipator Wrote:  Got some cash in the bank sitting there doing nothing (and won't be for another year or so)

Thinking of buying a LTC&BTC if anyone has any tips or recommendations pm me

I would recommend you do NOT do it. A very good chance of this being a losing investment.
10-30-2013 07:53 PM
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user10726 Offline
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Post: #280
RE: Bitcoins up 60% in less than a month
Wish I got in on this earlier, is it worth learning about at this point?
10-30-2013 08:11 PM
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el mechanico Offline
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Post: #281
RE: Bitcoins up 60% in less than a month


10-31-2013 06:04 PM
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el mechanico Offline
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Post: #282
RE: Bitcoins up 60% in less than a month
(10-30-2013 08:11 PM)bret Wrote:  Wish I got in on this earlier, is it worth learning about at this point?
You can only lose 100% of your investment but you can make 1000% or more. Put a couple hundred in and learn the ropes. It's worth it for the experience and entertainment alone.
10-31-2013 06:06 PM
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user10726 Offline
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Post: #283
RE: Bitcoins up 60% in less than a month
(10-31-2013 06:06 PM)el mechanico Wrote:  
(10-30-2013 08:11 PM)bret Wrote:  Wish I got in on this earlier, is it worth learning about at this point?
You can only lose 100% of your investment but you can make 1000% or more. Put a couple hundred in and learn the ropes. It's worth it for the experience and entertainment alone.

That's a nice way of putting it. I've signed up to Mt.Gox just waiting for verification
11-02-2013 08:08 AM
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Steve9 Offline
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Post: #284
RE: Bitcoins up 60% in less than a month
Pic of a bitcoin mining setup :

http://i.imgur.com/6NKsQZS.jpg
11-03-2013 06:17 AM
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pants Offline
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Post: #285
RE: Bitcoins up 60% in less than a month
(10-30-2013 08:11 PM)bret Wrote:  Wish I got in on this earlier, is it worth learning about at this point?

If this thing is really gonna take off, its gonna be a lot bigger.

Max numbers of bitcoin will be 21 000 000. That's one bitcoin each in a "small" country like Madagaskar.

Looking at it from an international population of 7 000 000 000. Evenly distributed, 0.0035 BTC is the average a human can have.

If you buy one BTC you will be 285x richer than the average, if they were evenly distributed.

There were probably someone who said "its to late" about cashing in on the internet boom in 1996 as well.

I would have bought one bitcoin just in case.
11-04-2013 02:45 PM
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el mechanico Offline
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Post: #286
RE: Bitcoins up 60% in less than a month
(11-04-2013 02:45 PM)pants Wrote:  
(10-30-2013 08:11 PM)bret Wrote:  Wish I got in on this earlier, is it worth learning about at this point?

If this thing is really gonna take off, its gonna be a lot bigger.

Max numbers of bitcoin will be 21 000 000. That's one bitcoin each in a "small" country like Madagaskar.

Looking at it from an international population of 7 000 000 000. Evenly distributed, 0.0035 BTC is the average a human can have.

If you buy one BTC you will be 285x richer than the average, if they were evenly distributed.

There were probably someone who said "its to late" about cashing in on the internet boom in 1996 as well.

I would have bought one bitcoin just in case.
So where do you think it will end up at?
11-04-2013 03:24 PM
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j r Offline
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Post: #287
RE: Bitcoins up 60% in less than a month
Why would you think of it X amount of but coins per country? They freely flow across borders and are divisible.
11-04-2013 03:30 PM
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pants Offline
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Post: #288
RE: Bitcoins up 60% in less than a month
Just a thought experiment to see that one coin is not as little as it sounds.

People think of "one" of anything to be small.

One BTC for 200USD?! Fuck no!

100 million satoshi(smallest unit in a bitcoin) for 200USD?! bring'em on!

elmech; My guess is as bad as anyone else. But I will be surprised if we see bitcoins in the range og 10USD-1000USD five years from now.
(This post was last modified: 11-04-2013 03:43 PM by pants.)
11-04-2013 03:41 PM
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el mechanico Offline
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Post: #289
RE: Bitcoins up 60% in less than a month
(11-04-2013 03:41 PM)pants Wrote:  Just a thought experiment to see that one coin is not as little as it sounds.

People think of "one" of anything to be small.

One BTC for 200USD?! Fuck no!

100 million satoshi(smallest unit in a bitcoin) for 200USD?! bring'em on!

elmech; My guess is as bad as anyone else. But I will be surprised if we see bitcoins in the range og 10USD-1000USD five years from now.
I was thinking the same thing kinda like them "splitting"
11-04-2013 03:44 PM
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Emancipator Offline
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Post: #290
RE: Bitcoins up 60% in less than a month
I'm still in verification limbo (decided not to try out an ATM and paper wallet)

Missing out from this weeks surge of BTC and LTC.

Fuck!

Mother Nature is a bitch & Father Time has an undefeated record
"If you watch cinderella backwards, its about a woman who learns her place." --Kbell

demographics is destiny
11-04-2013 04:15 PM
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el mechanico Offline
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Post: #291
RE: Bitcoins up 60% in less than a month
(11-04-2013 04:15 PM)Emancipator Wrote:  I'm still in verification limbo (decided not to try out an ATM and paper wallet)

Missing out from this weeks surge of BTC and LTC.

Fuck!
Are you going to BTC-E?
11-04-2013 04:17 PM
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Emancipator Offline
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Post: #292
RE: Bitcoins up 60% in less than a month
(11-04-2013 04:17 PM)el mechanico Wrote:  
(11-04-2013 04:15 PM)Emancipator Wrote:  I'm still in verification limbo (decided not to try out an ATM and paper wallet)

Missing out from this weeks surge of BTC and LTC.

Fuck!
Are you going to BTC-E?

I'm going for Canadian based Virtex and Vault of Satoshi so I can do a bank transfer.

Should I be going for BTC-E instead?

Mother Nature is a bitch & Father Time has an undefeated record
"If you watch cinderella backwards, its about a woman who learns her place." --Kbell

demographics is destiny
11-04-2013 04:47 PM
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el mechanico Offline
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Post: #293
RE: Bitcoins up 60% in less than a month
(11-04-2013 04:47 PM)Emancipator Wrote:  
(11-04-2013 04:17 PM)el mechanico Wrote:  
(11-04-2013 04:15 PM)Emancipator Wrote:  I'm still in verification limbo (decided not to try out an ATM and paper wallet)

Missing out from this weeks surge of BTC and LTC.

Fuck!
Are you going to BTC-E?

I'm going for Canadian based Virtex and Vault of Satoshi so I can do a bank transfer.

Should I be going for BTC-E instead?
That's where we're all at and we can troll there
11-04-2013 04:54 PM
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el mechanico Offline
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Post: #294
RE: Bitcoins up 60% in less than a month
(05-15-2013 02:25 PM)Hotwheels Wrote:  Glad I spent the cash I was gonna throw in there on a Tag....
Laugh4
11-13-2013 04:57 PM
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Hotwheels Offline
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Post: #295
RE: Bitcoins up 60% in less than a month
Yeah yeah yeah

What was the price then?

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11-13-2013 06:22 PM
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ElJefe Offline
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Post: #296
RE: Bitcoins up 60% in less than a month
i don't get this... it's total speculation. What can you even buy with BTCs? The currency is too unstable for any firms to be willing to use it for transactions. And with other digital currencies out there, the supply is not 21 mill BTC, but 21 mill BTC + 84 mill LTC + any crap that any geek decides to invent.

A year from now you'll wish you started today
(This post was last modified: 11-13-2013 07:29 PM by ElJefe.)
11-13-2013 07:28 PM
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Kickb Away
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Post: #297
RE: Bitcoins up 60% in less than a month
I guess you can buy a ton of drugs and sell them.

Or some other product and sell it
11-13-2013 08:52 PM
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pants Offline
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Post: #298
RE: Bitcoins up 60% in less than a month
Or how about some electronics!

https://www.bitcoinstore.com/
11-13-2013 09:07 PM
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Hotwheels Offline
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Post: #299
RE: Bitcoins up 60% in less than a month
The thing is, will people actually spend the things or are they just sitting on them for speculation purposes?

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11-13-2013 09:12 PM
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el mechanico Offline
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Post: #300
RE: Bitcoins up 60% in less than a month
(11-13-2013 06:22 PM)Hotwheels Wrote:  Yeah yeah yeah

What was the price then?
Did some fast math..

If your tag cost 1500 on may 5th BTC was around 120 if you bought then you'd have 5,500 today.

Longbets
(This post was last modified: 11-14-2013 09:37 AM by el mechanico.)
11-14-2013 09:28 AM
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