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romapika
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11 November 2017 - 9:51pm

Bitcoin

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Hello everyone.

Last week I invested in bitcoins hoping to gain something in the next months/years. Do somebody else have bitcoins here?

Do you think it will reach $500000 in the next 3 years like John McAfee said? Joking

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lvblck
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11 November 2017 - 11:09pm
#1

I know that Bitcoin is quite popular but somehow I haven't tried them out. Seems too complicated for me.

usReckless Bets
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11 November 2017 - 11:13pm
#2

I think Bitcoin's volatility will be its ultimate downfall, well before reaching $500k value. It's astronomical rise in value likely makes businesses weary of accepting it as payment, and its constant forks/splits also makes me wonder about its future.

auCL-Ed
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12 November 2017 - 12:26am
#3

Don't forget that John McAfee is a borderline lunatic. it would be great if it rose that much in 3 years but I suspect he'll be finding excuses to not eat his own dick. Don't shoot the messenger btw... its a famous claim he made: it will rise to 500k in 3 years or he will eat his manhood on tv.

Wouldn't it be nice if it rose to $499,999 and he still lost his bet?

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12 November 2017 - 3:48pm
#4
mapika wrote:

Hello everyone.

Last week I invested in bitcoins hoping to gain something in the next months/years. Do somebody else have bitcoins here?

Do you think it will reach $500000 in the next 3 years like John McAfee said? Joking

I think this is so hard, 500.000$ in 3 years just from bitcoin. May be now is time for bitcoin rise up. But may be the next years bitcoin will be lost and changing by anything. So i am never playing with bitcoin in casino, i am not interisting with bitcoin. I think bitcoin just issued and will be forgotten by time. Bitcoin for early release just free but now bitcoin rise up like a gold, this is so scarry thing if i am following this flow of the economic global issues.

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12 November 2017 - 4:12pm
#5

it seems like a good plan. bitcoin has penetrated something that is impossible in a few years. we never know what happens in the future.

"The big one" for my live in the future

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13 November 2017 - 8:48am
#6

I saw a news that Bitcoin drop like 15~20% yesterday ? There have been discrepancies between BTC developers, and it was the cause of the big drop, as I read.

Let's see how it goes on.

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13 November 2017 - 12:16pm
#7

This is the "game" of financial rotation managers around the world, this is not a good idea for currency , this is very unreasonable, I believe this is one way from some groups to take over the world, and when I imagine that I think this is a very bad condition for world finance. This is something new that we must be aware. I prefer buy some fields and i more choice to be farmer, i think is more peace,.

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13 November 2017 - 3:25pm
#8
mapika wrote:

Hello everyone.

Last week I invested in bitcoins hoping to gain something in the next months/years. Do somebody else have bitcoins here?

Do you think it will reach $500000 in the next 3 years like John McAfee said? Joking

I rekon It can but the only issue i forsee at the moment is that there might be a bit too much hype around it right now so I think it will dip a lot and climb in a massive way

Like an ice cream on a hot summers day , so are the days of our lives

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13 November 2017 - 7:19pm
#9

as far as I know the higher the bitcoin price, I watched it a few years ago, the chances for the next few years are higher, it is a good investment

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13 November 2017 - 10:08pm
#10

There is a bunch of guys with bad intentions who have created their own copy of Bitcoin which they call Bitcoin Cash (BCH). Interestingly one of the guys behind this is Calvin Ayre, the guy who started the Bodog group of betting sites. There is massive market manipulation going on and they are trying to pump the price of BCH and cause BTC to fall as they want to kill Bitcoin.

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13 November 2017 - 10:29pm
#11
CL-Ed wrote:

There is a bunch of guys with bad intentions who have created their own copy of Bitcoin which they call Bitcoin Cash (BCH). Interestingly one of the guys behind this is Calvin Ayre, the guy who started the Bodog group of betting sites. There is massive market manipulation going on and they are trying to pump the price of BCH and cause BTC to fall as they want to kill Bitcoin.

thats hectic, I was wondering what was behind the creation of BCH I thought it was just a resutlt of the hard folk that took place about 4 months ago relating too the miner fee, thx Ed this is some useful infomation for me on BCH Thumb Up

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13 November 2017 - 10:42pm
#12

BCH is a result of the hard fork. The guys behind it are doing in an attempt to get control of the whole Bitcoin market. There is Jihan Wu, a Chinese entrepreneur and world's biggest Bitcoin miner, Craig Wright, the fraud who tried to deceive everyone that he was the real Satoshi Nakamoto and who has patented a number of blockchain related technologies, who is also good friends with and being bankrolled by Calvin Ayre, plus an ex-con bitcoin investor called Roger Ver, most noted for publicly reassuring everyone that their funds in Mt.gox were safe shortly before it was shut down for being insolvent. Its a really bad bunch that only have their own enrichment in mind.

They were using BCH as a sort of ransom to try to force through the other hard fork that got abandoned last week, saying that if it didn't go through they would switch to BCH. They did not get what they wanted so now they are trying to engineer a switch of the market from BTC to BCH. As noted by Ayre himself.

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14 November 2017 - 4:55am
#13

this is hot news, I have a miner friend who switch to BCH because because of the increase in this currency,we must be careful, there is a threatening grobal scenario to monopolize the market

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14 November 2017 - 6:57am
#14
CL-Ed wrote:

There is a bunch of guys with bad intentions who have created their own copy of Bitcoin which they call Bitcoin Cash (BCH). Interestingly one of the guys behind this is Calvin Ayre, the guy who started the Bodog group of betting sites. There is massive market manipulation going on and they are trying to pump the price of BCH and cause BTC to fall as they want to kill Bitcoin.

That's why I do not choose to enter the virtual currency world because there are so many irrational things and they try to rationalize, I prefer to think stupid about bitcoin than I be smart about bitcoin but I'm stuck in the labyrinth they created, I just thinking as a "stupid" person,
For those who have entered the world I hope always be careful in investing, because I think this is a "blackhole" of the finance.

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14 November 2017 - 7:17am
#15
CL-Ed wrote:

BCH is a result of the hard fork. The guys behind it are doing in an attempt to get control of the whole Bitcoin market. There is Jihan Wu, a Chinese entrepreneur and world's biggest Bitcoin miner, Craig Wright, the fraud who tried to deceive everyone that he was the real Satoshi Nakamoto and who has patented a number of blockchain related technologies, who is also good friends with and being bankrolled by Calvin Ayre, plus an ex-con bitcoin investor called Roger Ver, most noted for publicly reassuring everyone that their funds in Mt.gox were safe shortly before it was shut down for being insolvent. Its a really bad bunch that only have their own enrichment in mind.

They were using BCH as a sort of ransom to try to force through the other hard fork that got abandoned last week, saying that if it didn't go through they would switch to BCH. They did not get what they wanted so now they are trying to engineer a switch of the market from BTC to BCH. As noted by Ayre himself.

Hopefully they wont succeed, not until now anyway as far as I know,...BTC rate even noted a record levels in the previous days - it was up to over 8000$ for a while and now back dropped to a reasonable levels between $6000 - 7000$.
For sure BCH is not anywhere near the popularity of BTC still and hopefully it would remain that way...for those who have good part of their saving invested in BTC of course.

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15 November 2017 - 6:35am
#16
Pharidodot wrote:

That's why I do not choose to enter the virtual currency world because there are so many irrational things and they try to rationalize, I prefer to think stupid about bitcoin than I be smart about bitcoin but I'm stuck in the labyrinth they created, I just thinking as a "stupid" person,
For those who have entered the world I hope always be careful in investing, because I think this is a "blackhole" of the finance.

you will be wary of using bitcoin. many issues and conditions whenever it can destroy it. unless you see it like a roulette table it will look more simpe. sadly say it is an investment. maybe the rice fields is perfect for you. the price increase is significant, also has many benefits considering our country agrarian. we will not lose anything. green the earth

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20 November 2017 - 3:09am
#17

There's so much with these various forks and whatnot. It makes it hard for me to keep track of what is going on... save for the crazy high value!

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20 November 2017 - 7:03pm
#18

bitcoin prices now 8033$ l want to buy bitcoin but scared down Thinking

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21 November 2017 - 12:35pm
#19
barbadosslim93 wrote:

There's so much with these various forks and whatnot. It makes it hard for me to keep track of what is going on... save for the crazy high value!

Yeah feeling that way myself Slim, doesn't even bother following all those new crypto's releases, nice piece of advice there by the way! Thumb Up

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25 November 2017 - 11:07am
#20

the btc is now arround $8400!!! I hope it will go down a little in the next 2-3 days in order to invest more lol

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15 December 2017 - 6:15am
#21

I have been saying for years now that BTC is the thing to invest in, if I invested all the money I have lost in gambling over the last four years in bitcoin instead, right now, at 35 years old, I could retire comfortably, with millions sitting beneath me, no jokes, the thing with investing, you could lose it all in an instant, btc is so volatile that it could be gone just as fast as it rose. Do your homework, invest wisely. I bought 20$ worth only a few months ago or so, I have over 100$ now, only because I gambled a little bit of it away lol

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15 December 2017 - 6:22am
#22

Yes it is quite incredible how much it has increased in value, even over just the past month. Holding it has proven to be a better gamble than playing with it in a casino, that is for sure. It has its problems now though, with high fees due to a congested network, along with all the scammers trying to push alternatives like Bcash, Bitcoin Gold, Bitcoin Diamond etc. It really needs the new developments that are supposed to be in the pipeline soon to speed up transactions and reduce fees otherwise I can see it all going pear shaped.

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15 December 2017 - 7:05am
#23

I wasn't aware of these scammers you mentioned. There's always going to be people out there trying to take advantage of situations instead of just working for their money, I always have an eye out for anything that seems shady, or anything that raises a red flag. But these are new too me, thanks for that added info CL-ED, that kind of information is always appreciated.

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15 December 2017 - 11:53am
#24
CL-Ed wrote:

Yes it is quite incredible how much it has increased in value, even over just the past month. Holding it has proven to be a better gamble than playing with it in a casino, that is for sure. It has its problems now though, with high fees due to a congested network, along with all the scammers trying to push alternatives like Bcash, Bitcoin Gold, Bitcoin Diamond etc. It really needs the new developments that are supposed to be in the pipeline soon to speed up transactions and reduce fees otherwise I can see it all going pear shaped.

Yeah really great increase in value lately, do you think any steps have been made toward speeding the network and reducing the fees Ed? Honestly I can't see that coming right now as increase of the number of transactions just increases the fees as of now, but hopefully you're right.

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17 December 2017 - 5:56am
#25

My husband signed up with Bitcoin, with a program that offer 400% of what every you invest in it.

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17 December 2017 - 6:34am
#26
Carie Coleman wrote:

My husband signed up with Bitcoin, with a program that offer 400% of what every you invest in it. 30 Cycle assurance plan.

Ah, if it is true, BitCoin is really getting to be a gambling. It is very surprising to hear about it.

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17 December 2017 - 5:45pm
#27
Carie Coleman wrote:

My husband signed up with Bitcoin, with a program that offer 400% of what every you invest in it. 30 Cycle assurance plan.

I've heard about such sites but not joined any of them, have to be very careful when you're putting your funds these days cause there's a large number of scamers, still hope it will work for you and your husband, good luck.

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18 December 2017 - 12:24am
#28

Carie, that is almost certainly a ponzi scheme or some other type of scam. Get your money out if and while you can.

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19 December 2017 - 12:47pm
#29

Yeah I think Ed is right here, such sites goes scam pretty quickly even if they paying at first, have a bad experience with couple of these myself, lost just small amounts though.

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22 December 2017 - 2:52pm
#30

I wonder what happening to the bitcoin in the past 24h especially, the rate is 11600$ as I'm writing that, enormous fail, it's like 50% drop in value from the last week, anyone aware why is that?I'm not.

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