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Started By
Message
Any of you baws own Bitcoin?
Posted on 2/24/17 at 10:01 pm
Posted on 2/24/17 at 10:01 pm
Just reached its highest levels ever. LINK
This post was edited on 2/24/17 at 10:21 pm
17
Posted on 2/24/17 at 10:03 pm to PatrickBeetmen
No but I have tons of other imaginary currencies I can sell you real cheap.
Posted on 2/24/17 at 10:03 pm to PatrickBeetmen
i am but a poor bitcoin miner, solving hashes for my daily bread
Is it imaginary if I can buy things with it or exchange it for other currencies? Hmmmmm
quote:
No but I have tons of other imaginary currencies I can sell you real cheap.
Is it imaginary if I can buy things with it or exchange it for other currencies? Hmmmmm
This post was edited on 2/24/17 at 10:04 pm
Posted on 2/24/17 at 10:05 pm to PatrickBeetmen
No. But playing around trading option on a bitcoin etf would be interesting.
Posted on 2/24/17 at 10:07 pm to PatrickBeetmen
I have a boatload of Iraqi Dinar to sell you.
Posted on 2/24/17 at 10:08 pm to PatrickBeetmen
I'm wondering what's driving it. The etf might have pushed it over the top in the last few days, but what are the other drivers?
Bunch of people from gchina buying it?
Illegals sending money back to Mexico and South America?
Uncertainty with the election and Trump regime?
Bunch of people from gchina buying it?
Illegals sending money back to Mexico and South America?
Uncertainty with the election and Trump regime?
Posted on 2/24/17 at 10:08 pm to HempHead
quote:
i am but a poor bitcoin miner, solving hashes for my daily bread
When did you start mining? Also, how much money do you have in equipment.
Posted on 2/24/17 at 10:09 pm to PatrickBeetmen
quote:
I'm wondering what's driving it.
Buying drugs, at least in America. According to some of my friends in Latin America, a lot of businesses take it and prefer it over their native currencies (though the dollar reigns supreme). One buddy even has a bitcoin ATM card.
Posted on 2/24/17 at 10:10 pm to Abadeebadaba
quote:
When did you start mining? Also, how much money do you have in equipment.
2010. I've spent about ~6k in different rigs.
Posted on 2/24/17 at 10:12 pm to PatrickBeetmen
quote:
PatrickBeetmen
Member since Oct 2016
2 posts
so many threads you missed back in the day
I wish Wiki was still here.
Posted on 2/24/17 at 10:12 pm to HempHead
quote:
2010. I've spent about ~6k in different rigs.
I've wanted to mine forever just never had the time when I had the money and vice versa. How are you cashing out, credit union?
Posted on 2/24/17 at 10:14 pm to Abadeebadaba
quote:
I've wanted to mine forever just never had the time when I had the money and vice versa. How are you cashing out, credit union?
I'm not cashing out. I use them for certain purchases, but I am essentially hoarding them in the off chance that they truly become widely accepted in many sectors. If that ever happens, I'll be filthy fricking rich. If not, oh well, I've more than made up my investment already.
Posted on 2/24/17 at 10:14 pm to HempHead
What kind of return have you gotten on that? I assume the returns are ,inch worse now than back in the day.
Posted on 2/24/17 at 10:15 pm to PatrickBeetmen
VIX has risen several times when the market has been up. That's rare. We're not necessarily in a favorable commodities climate and gold and silver have both quietly had runs. VIX outlying contracts are touching 15.
Institutions are buying insurance, and speculators are speculating on a future correction.
I suspect that's part of what going on with bitcoin as well. Not all of it, but I'd bet part of it.
Institutions are buying insurance, and speculators are speculating on a future correction.
I suspect that's part of what going on with bitcoin as well. Not all of it, but I'd bet part of it.
Posted on 2/24/17 at 10:17 pm to PatrickBeetmen
I do speculation in the Zimbabwe dollar. The 2000s have been hell for me.
Posted on 2/24/17 at 10:17 pm to PatrickBeetmen
Wondering if Sessions view on drugs, online gambling is having an effect?
Posted on 2/24/17 at 10:19 pm to PatrickBeetmen
quote:
I'm wondering what's driving it.
Japan and China dumping our debt.
Posted on 2/24/17 at 10:46 pm to PatrickBeetmen
It seems like the currency has a much more solid ownership base this go around to where you won't see a price crash like last time it surpassed $1200
Posted on 2/24/17 at 11:01 pm to PatrickBeetmen
quote:
Any of you baws own Bitcoin?
Bought my first btc when they were still single digits... moneypaks for btc
i miss those sketchy days, mt gox and everything. Posted on 2/24/17 at 11:06 pm to Canard Noir
quote:
Japan and China dumping our debt.
It's us exchanges leading the way up instead of okcoin or huobi like normal. Weird trend last couple weeks... bitfinex is killing the volume, but after their incident several months back i avoid like the plague.
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