Bitcoin update.

[AlwaysAway2]

Re: Bitcoin update.

Those in the thread, is your sole interest in bitcoin/crytpo an investment to transfer to fiat money at a later date?

Yes and no.

I believe everyone will have Bitcoin/satoshis eventually.
It's an acceptance thing.
The more that adopt the more will follow.
My hairdresser has some as does her sister.
Even my cynical friends are starting to reconsider.

If you buy £1,000 worth of Satoshis now you ought to be well pleased with yourself in a few years. If you control them by having your own keys.
AJMHO

[dml1954]

Re: Bitcoin update.

Just read through the thread. It just all goes to show to me how complicated and risky all this crypto currency is. I am sure that there are people making large (or vast) sums of money out of all this but there are also many ordinary people who have lost money they cant afford and are risking their future by chasing a quick buck. To me, people are basically investing in a currency that doesn't exist and cant be used in the real world. It is totally speculative, open to fraud. The people who are addictive gamblers, fraudsters and involved at the top of the chain will no doubt come out of it smelling of roses but at whose expense ? No doubt they have all already covered their dealings betting on the markets and will make money even if prices fall. Don't forget that people who have already purchased crypto currency also have a vested interest in encouraging other people to buy to try to get the price up further. When it all goes belly up it will be the people at the bottom of the chain who suffer. The ones at the top will already have sold and got out, having made their millions at everyone else's expense.

[chris lee]

Re: Bitcoin update.

the only guarantee of long term wealth is an index fund tracker, evidence has proven it for over a century now


edit - I should have said - the closest you can get to a guarantee

[NYCBlue]

Re: Bitcoin update.

I bought some Dogecoin this morning. It went up 40% in 40 minutes. Soon came down to earth though. Although it did finish the day up 10%.

[city1927]

Re: Bitcoin update.

Does anybody know anything about this so called peoples powered network?

https://www.helium.com/

Is this another type of Bitcoin?

[WJ99mobile]

Re: Bitcoin update.

Christ.

Off a cliff today!

[lardy]

Re: Bitcoin update.

Christ.

Off a cliff today!

Binance under investigation in the US, China bans crypto, and tether, the company supporting usdt (the stable crypto used most often for trading), don't have the finances to tie it to the us dollar.

Looks like all crypto is suffering.

[Wash DC Blue]

Re: Bitcoin update.

Binance under investigation in the US, China bans crypto, and tether, the company supporting usdt (the stable crypto used most often for trading), don't have the finances to tie it to the us dollar.

Looks like all crypto is suffering.

Down by a ridiculous amount.
Thinking of buying.

[tforturton]

Re: Bitcoin update.

XRP is the way to go. You can thank me later.

[city1927]

Re: Bitcoin update.

XRP is the way to go. You can thank me later.

I have heard the same thing regarding XRP ripple from a colleague in work. He reckons once the court case is over the price will rise on them

I would not know how to purchase them, where do buy into these types of currency. What is a trust worthy site to use?

[Wash DC Blue]

Re: Bitcoin update.

I have heard the same thing regarding XRP ripple from a colleague in work. He reckons once the court case is over the price will rise on them

I would not know how to purchase them, where do buy into these types of currency. What is a trust worthy site to use?

I have a small amount of XRP.
I use Coinbase.

[city1927]

Re: Bitcoin update.

I have a small amount of XRP.
I use Coinbase.

Thanks for that. Just having a little look now.

[Its been emotional]

Re: Bitcoin update.

Trading in XRP has been suspended until the outcome of the court case.
Any idea the date of the case?

[surge]

Re: Bitcoin update.

Here's why bitcoin is a danger to the environment: The cryptocurrency’s environmental impact has so far been largely ignored by governments, environmental charities and banks that facilitate this vast industry. But since Elon Musk’s recent bitcoin comments, institutions have started to take notice.

Bitcoin consumes about half as much electricity as the UK. Why does it have such a huge carbon footprint?

https://twitter.com/i/events/1395815800280342529

It's the future!!

[delmbox]

Re: Bitcoin update.

Trading in XRP has been suspended until the outcome of the court case.
Any idea the date of the case?

It's only suspended on Coinbase, you can trade it on binance or etoro