Bitcoin

[PontBlue]

Just saw an article on Ars Technica that said that if you'd bought $1000 worth of bitcoins in 2010 they'd be worth a cool $35m today!

[blue matt]

Just saw an article on Ars Technica that said that if you'd bought $1000 worth of bitcoins in 2010 they'd be worth a cool $35m today!

when i ran a IT forum, a few of the guys used to sell " DVD's and PSX / XBOX games " on it, they used to talk about Bitcoins and take payment in them

every 6 months we used to run a " donation " drive where the sellers would always help out with the hosting costs ( which used to cost a fair bit back then and they were making decent money out of the place ) a few wanted to donate with bitcoins, we never did take them, a shame really as i would be have retired by now

[Organ Morgan.]

£2126.43. Up £60 since earlier on. The way it's zooming skyward then Messrs Always Away and Our Man Flint will be in contact with recruitment agencies in a fortnight's time to enquire whether they have on their books people seeking chauffeur and household servant employment.

[Rock_Flock_of_Five]

Just saw an article on Ars Technica that said that if you'd bought $1000 worth of bitcoins in 2010 they'd be worth a cool $35m today!

Is that right? I know absolutely nothing about bitcoins, however, I find that staggering ... $1,000 - $35m!!!!!

[PontBlue]

Is that right? I know absolutely nothing about bitcoins, however, I find that staggering ... $1,000 - $35m!!!!!

Here's the article - https://arstechnica.co.uk/tech-polic...-record-value/

[Rock_Flock_of_Five]

Here's the article - https://arstechnica.co.uk/tech-polic...-record-value/

Cheers for that!


I would guess those that made millions, back in 2010, would have bought their Bitcoins for a couple of quid or less?

I tried to buy Ethereum on Thursday evening - the price was dropping down towards the 200GBP mark and I was about to pull the trigger on my first ever purchase when ... the site (Coinbase) went down for maintenance! When I was finally able to get back on (next morning), the price had risen again to the 260GBP mark. It had gone down to 206GBP, so I can't say for certain that I would have bought, as I had my mind set on 200GBP.

[PontBlue]

Bitcoins were $0.08 in July 2010.

I think Bitcoin and Ethereum are beyond my levels of investment where I can make serious money so I'm going to invest in several of the really cheap ones and if one takes off that's where I'll hope to turn a profit.

[stevebrickman]

Bitcoins were $0.08 in July 2010.

I think Bitcoin and Ethereum are beyond my levels of investment where I can make serious money so I'm going to invest in several of the really cheap ones and if one takes off that's where I'll hope to turn a profit.

What exchanges are you planning on using, and how are you planning on storing the coins??

[OurManFlint II]

Bitcoins were $0.08 in July 2010.

I think Bitcoin and Ethereum are beyond my levels of investment where I can make serious money so I'm going to invest in several of the really cheap ones and if one takes off that's where I'll hope to turn a profit.

If you get in early sometime you can get free offerings on new crypto currency. However BTC still has a long way to go (up) before it settles.

Remember, if you are worried about your investment, them you invested too much!