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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?

Always love to bounce this kind of stuff off the Planet. Have any of you done any research into Bitcoin, and if you hold any opinions on the concept I'd love to hear what you think.





Last edited by ChiefRocka; 07-16-2017 at 05:12 PM..
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Old 06-17-2017, 11:34 AM   #286
BossChief BossChief is offline
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Old 06-17-2017, 11:55 AM   #287
BlackHelicopters BlackHelicopters is offline
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I have read so much about bit coin. I still am lost. Can someone explain it to me that I might understand. Thank you.
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Old 06-17-2017, 11:57 AM   #288
Demonpenz Demonpenz is offline
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In short you download coinbase and invest your money on that investment there is a 4 dollar trade fee with another fee tacked on top of that. You watch your money dwindle down until finally it is so low you forget about it. Then someone deletes your account.
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Old 06-17-2017, 12:45 PM   #289
Halfcan Halfcan is offline
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Now offering, Halfcancoin at $100.00 per share.

Each purchase comes with a certificate of authenticity and a free simulated leather wallet to store your certificates. Act now!! Supplies are limited to the first 100,000 customers. Operators are standing by...... Hurry! BUY NOW!!!!!!!!


























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Halfcancoin is not backed by a sovereign government, Gold, Silver, precious metals, or anything of value. It cannot be used to purchase anything.
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Old 06-17-2017, 01:07 PM   #290
Jewish Rabbi Jewish Rabbi is online now
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Quote:
Originally Posted by theelusiveeightrop View Post
I have read so much about bit coin. I still am lost. Can someone explain it to me that I might understand. Thank you.
What do you not understand?
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Old 06-17-2017, 01:15 PM   #291
lewdog lewdog is offline
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Quote:
Originally Posted by Halfcan View Post
Now offering, Halfcancoin at $100.00 per share.

Each purchase comes with a certificate of authenticity and a free simulated leather wallet to store your certificates. Act now!! Supplies are limited to the first 100,000 customers. Operators are standing by...... Hurry! BUY NOW!!!!!!!!


























Fine print.

Halfcancoin is not backed by a sovereign government, Gold, Silver, precious metals, or anything of value. It cannot be used to purchase anything.
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Lewdog's record in Royals game threads: 39-19.
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Old 06-17-2017, 01:19 PM   #292
TambaBerry TambaBerry is offline
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Laugh at it all you want but I put two grand into ethereum and it's worth almost ten Grand now
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Old 06-17-2017, 01:24 PM   #293
lewdog lewdog is offline
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Originally Posted by TambaBerry View Post
Laugh at it all you want but I put two grand into ethereum and it's worth almost ten Grand now
Have you sold any to make any realized gains?
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Old 06-17-2017, 01:43 PM   #294
TambaBerry TambaBerry is offline
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Originally Posted by lewdog View Post
Have you sold any to make any realized gains?
Why would I sell? Ethereum is going to pass Bitcoin at some point
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Old 06-17-2017, 01:47 PM   #295
Jewish Rabbi Jewish Rabbi is online now
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It's easier to just ignore the trolls, Tamba.
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Old 06-17-2017, 02:41 PM   #296
lewdog lewdog is offline
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Quote:
Originally Posted by TambaBerry View Post
Why would I sell? Ethereum is going to pass Bitcoin at some point
100% fact huh? That's how people lose lots of money in the market. You're simply speculating. No one can predict markets/investments.

If you understood risk/loss, I'd sell about $3000 of your current position. This leaves you $1k profit regardless of what happens after. Essentially playing with house money the rest of the way.

Sounds like you bought at a great time. But for you to no doubt think your position will only further increase, is a dangerous line of thinking.
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Old 06-17-2017, 02:56 PM   #297
TambaBerry TambaBerry is offline
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Quote:
Originally Posted by lewdog View Post
100% fact huh? That's how people lose lots of money in the market. You're simply speculating. No one can predict markets/investments.

If you understood risk/loss, I'd sell about $3000 of your current position. This leaves you $1k profit regardless of what happens after. Essentially playing with house money the rest of the way.

Sounds like you bought at a great time. But for you to no doubt think your position will only further increase, is a dangerous line of thinking.
Oh I completely agree, I understand that it's a high risk high reward thing. I only put money in that I told myself I would be comfortable losing all of it.
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Old 06-17-2017, 02:58 PM   #298
TambaBerry TambaBerry is offline
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The only money I put into crypto currency I tell myself I'm ok if I lose it.
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Old 06-17-2017, 03:39 PM   #299
lewdog lewdog is offline
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Quote:
Originally Posted by TambaBerry View Post
The only money I put into crypto currency I tell myself I'm ok if I lose it.
Well I'm ok with that. I similarly do own some penny stocks and said the same thing.

You're on an interesting ride, that's for sure!
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Old 06-17-2017, 04:14 PM   #300
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What do you guys think about Yobit trading site? Dont really like the format of bittrex and i have coinbase but dont want to use it unless I have to. I have routinely cashed out thru coinbase tifo my bank acct if i dont find someome on local bitcoins. Mainly looking for the most user friendly and secure trading site for other than bitcoin like dash eth pivx and others
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