Bitcoin update

[AlwaysAway2]

My portfolio is almost back to its all time high.
2018 was a bad year for this asset but we are back in believer territory again.
I think 20k is likely but I predicted that by end of 2018 and was Very wrong then.

Anyway some believe 100k is likely this year.

Get a little ... (say 1 tenth of a bitcoin) or 10,000,000 Satoshis and enjoy the ride. For a £1,000. (Grand)

Do your own research.
Don't leave it on an exchange.
Learn how to look after your own investment I recommend Bread wallet on Android and iOS.
Only use investment funds you can afford to lose.

[WJ99mobile]

Re: Bitcoin update

My portfolio is almost back to its all time high.
2018 was a bad year for this asset but we are back in believer territory again.
I think 20k is likely but I predicted that by end of 2018 and was Very wrong then.

Anyway some believe 100k is likely this year.

Get a little ... (say 1 tenth of a bitcoin) or 10,000,000 Satoshis and enjoy the ride. For a £1,000. (Grand)

Do your own research.
Don't leave it on an exchange.
Learn how to look after your own investment I recommend Bread wallet on Android and iOS.
Only use investment funds you can afford to lose.

I was thinking about it. Can’t see bread on the apple stores

[dml1954]

Re: Bitcoin update

Bitcoin salesman to potential investor - ' I have this thing that you need to buy. Its doesn't really exist and cant be used in everyday life for buying anything but its the latest fad and could make you money. Oh and by the way it could lose you everything' Not very attractive proposition when you read it like that is it. Unfortunately also the people most likely to take a gamble on it, are the ones who can least afford to do it or lose it.

[jon1959]

Re: Bitcoin update

Isn't cryptocurrency the preferred medium of exchange for dark web drug and arms traders?

I think I'll stay happy in my relative ignorance.

[OurManFlint II]

Re: Bitcoin update

Bitcoin salesman to potential investor - ' I have this thing that you need to buy. Its doesn't really exist and cant be used in everyday life for buying anything but its the latest fad and could make you money. Oh and by the way it could lose you everything' Not very attractive proposition when you read it like that is it. Unfortunately also the people most likely to take a gamble on it, are the ones who can least afford to do it or lose it.

Recently bought a Mac computer, also donated to some heavy farming equipment ;-) in Rojava and regularly buy music and support good causes

[OurManFlint II]

Re: Bitcoin update

Isn't cryptocurrency the preferred medium of exchange for dark web drug and arms traders?

I think I'll stay happy in my relative ignorance.

I think the 74 billion dollar market of arms trade and the 435 billion dollar drug trade a year is mainly paid for by fiat currency.

[dml1954]

Re: Bitcoin update

Recently bought a Mac computer, also donated to some heavy farming equipment ;-) in Rojava and regularly buy music and support good causes

Thats all very good but they are hardly day to day purchases that the average man in the street is likely to want to do. Try buying a pack of Cornflakes or a packet of cigarettes with bitcoin and see what happens.

[Vindec]

Re: Bitcoin update

I would sell the value of the original investment and keep the rest as profit. One day, just like the tech share boom of the 1990's, this investment (if you can call it that) will fall flat.

[alan_corneli]

Re: Bitcoin update

Isn't cryptocurrency the preferred medium of exchange for dark web drug and arms traders?

I think I'll stay happy in my relative ignorance.

I watch The Blacklist too.

[Harry Monk]

Re: Bitcoin update

I had a cold caller try to get me to invest in Bitcoin a few weeks ago. I talked to them for about half an hour (it was my dinner break at work and I was bored). I asked if I could spend it down the pub on a Friday night, and they told me no. I asked what I could spend it on and they hung up.

[Michael Morris]

Re: Bitcoin update

I have 0.00126504 BTC, a balance left over from an online purchase last year.

When I made that transaction in September the value of my balance was $8.42

On seeing this thread I've checked again and it's now worth $17.61

So it's value has doubled since then.

[Organ Morgan.]

Re: Bitcoin update

Credit to the OP for acknowledging his awful bitcoin to $20,000 call by 2018's end. It fell to a low of $3,200 last December. It's over quadrupled in price since then, and is currently up 10% today (it was up 16% two hour ago... talk about volatility!).

[AlwaysAway2]

Re: Bitcoin update

Credit to the OP for acknowledging his awful bitcoin to $20,000 call by 2018's end. It fell to a low of $3,200 last December. It's over quadrupled in price since then, and is currently up 10% today (it was up 16% two hour ago... talk about volatility!).

And collapsed £1,800 just an hour ago.
It’s the long term you must be in it for.
It will make you rich in time.
I think.
Do your own research.

[Bluebina]

Re: Bitcoin update

My portfolio is almost back to its all time high.
2018 was a bad year for this asset but we are back in believer territory again.
I think 20k is likely but I predicted that by end of 2018 and was Very wrong then.

Anyway some believe 100k is likely this year.

Get a little ... (say 1 tenth of a bitcoin) or 10,000,000 Satoshis and enjoy the ride. For a £1,000. (Grand)

Do your own research.
Don't leave it on an exchange.
Learn how to look after your own investment I recommend Bread wallet on Android and iOS.
Only use investment funds you can afford to lose.

It will go bust I reckon, but one day one of the big tech companies will make this type of money exchange work, Facebook are in, but maybe one of the others will beat them to it, Amazon possibly or google they are growing at such a rate?