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re: If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million

Posted on 5/22/17 at 2:30 pm to
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
18411 posts
Posted on 5/22/17 at 2:30 pm to
You can buy me something with BTC if you want. Hell you can just send the BTC to my wallet if you'd rather that
Posted by LasVegasTiger
Idaho
Member since Apr 2008
8087 posts
Posted on 5/22/17 at 2:34 pm to
I met a friend at Fremont street this weekend and came across a Bitcoin ATM at The D Casino. Thought that was interesting.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 5/22/17 at 2:46 pm to
I just popped in to say you are ignorant man.
Posted by MaHittaMaHitta
Member since May 2014
3183 posts
Posted on 5/22/17 at 3:06 pm to
Are you going to cash out now?
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40305 posts
Posted on 5/22/17 at 5:59 pm to
that $147 a share bump
Posted by Big Scrub TX
Member since Dec 2013
33684 posts
Posted on 5/22/17 at 6:14 pm to
quote:

It's scary,
Sounds like you scare easily.
quote:

it's easily manipulated
Link?
quote:

thefts have been rampant
Yep, something that's never happened with dollars.
quote:

and it's used to buy drugs.
Same comment again.
Posted by IceTiger
Really hot place
Member since Oct 2007
26584 posts
Posted on 5/22/17 at 6:48 pm to
I bought 5 when they were $30ish each...

Sold one at the first spike of $1300...already grabbed nearly 10x the payout...

Holding 4 for economic collapse purposes

Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/22/17 at 8:56 pm to
Calling it a currency is wrong.

It's a digital commodity.

You can't buy anything at Best Buy with gold or silver, but that doesn't mean the gold or silver isn't worth anything.

I'm no expert and I'm not some bitcoin maximalist, but to think there isn't a future for blockchain technologies is just asinine.
Posted by cubsfan5150
Member since Nov 2007
15830 posts
Posted on 5/22/17 at 9:05 pm to
So you are sitting on $70k+ worth of bitcoin on your $120+ investment?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/22/17 at 9:08 pm to
Redo your math Arkansas fan
Posted by cubsfan5150
Member since Nov 2007
15830 posts
Posted on 5/22/17 at 9:34 pm to
If you bought $100 worth at $.03, then it's worth $73M now...

So if you bought a $100 worth at $30 then that would be worth $73k

Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 5/22/17 at 9:38 pm to
I wonder how many old Bitcoin wallets are out there on old laptops from 2010 that people forgot about! Buy an old laptop in a garage sale , boom, 30 mil of bit coin on it!
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/22/17 at 9:39 pm to
100/30=3.33
Bitcoin is trading around $2,000 per coin.

Do I need to do the rest for you?
This post was edited on 5/22/17 at 9:39 pm
Posted by cubsfan5150
Member since Nov 2007
15830 posts
Posted on 5/22/17 at 9:41 pm to
Ah, I think that you can understand the math that I was using, but I got you now.

I was running my initial math at .03 instead of .003
This post was edited on 5/22/17 at 9:44 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/22/17 at 9:42 pm to
got linked an article about that the other day. there are some wallets with millions worth that people are trying to crack.
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56532 posts
Posted on 5/22/17 at 9:43 pm to
I just wish I'd a bought more than 2 a few years ago
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
83733 posts
Posted on 5/23/17 at 4:10 am to
quote:

Bitcoin is speculation. It's gambling. It's a fake currency that will never be widely accepted for goods and services. Name 10 stores that currently accept it. Mainstream stores. Have people made money? Yes. Have people lost money? Yes. That will continue to happen and I believe that the one left holding the bag at the end of the song loses.
quote:

Broke
You're a dumb redneck
Posted by Hangover Haven
Metry
Member since Oct 2013
26837 posts
Posted on 5/23/17 at 4:43 am to
Can I use said bitcoins at the new Dave and Busters on Poydras...?
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 5/23/17 at 6:02 am to
Great reading here. I've been in and out of ETH a few weeks now thanks to the MT thread. I like many others, am fascinated by it. So Broke took his toys and went home? A stubborn redneck banker who's against Crypto? Who'da thunk it?
Posted by DupontsCircle
Dupont Circle
Member since Jun 2016
5823 posts
Posted on 5/23/17 at 6:49 am to
Let's just remind folks, the average joe still can't go buy Bitcoin, mine for it or knew how to even set up a wallet to receive it back in 2010. This isn't some everyday missed opportunity.
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