Crypto $$$

[LG17]

Sounds just like Profitclicking...

[raised by monkeys]

Originally Posted by Outbackjack

Do research....

https://cointelegraph.com/

Lol I'm quite rehearsed in research. I prefer to reply on reputable sources though not websites which promote products. Maybe when I know somebody, or have an article sitting in front of me demonstrating real life and substantial rewards; then the sceptic in me will take a back seat.

[PHATAL]

I have zero real cash to speak of so I wouldnt be gambling any decent amount anyway. Will probably still give it a go. Even if it is only $100...

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[data_mine]

Originally Posted by raised by monkeys

Lol I'm quite rehearsed in research. I prefer to reply on reputable sources though not websites which promote products. Maybe when I know somebody, or have an article sitting in front of me demonstrating real life and substantial rewards; then the sceptic in me will take a back seat.

Well, my real life experience, is as follows.

started with BTC back in 2011 (a little after it initially started), tried it as a gag as the technology interested me, invested ~$1500 in computer gear to mine some. Mined several hundred of them.

Cashed out 100BTC when they were 100AUD/ea. (2012) = 10k, so 8.5k profit (excluding electricity, I haven't tracked that).

I then played around with trading on MtGox, turned 50BTC into over 350BTC, withdrew to my offline waller and kept 50BTC to continue playing with. Then lost that when MtGox went bust/hacked/stolen (whatever actually happened).

My holdings are now worth 24kea, so that's easily 8 digits. I've a nice retirement package. can't count chickens before they're hatched of course - it could all disappear tomorrow, but I've already made my initial investment back 550%. So I am in front.

[b0son]

Its easy to gamble in hindsight....

[data_mine]

got to be in it to win it.

trading shares or forex is a gamble too, yet people make plenty of money from it. some of course lose too.

[NTF6]

Originally Posted by data_mine

Well, my real life experience, is as follows.



started with BTC back in 2011 (a little after it initially started), tried it as a gag as the technology interested me, invested ~$1500 in computer gear to mine some. Mined several hundred of them.



Cashed out 100BTC when they were 100AUD/ea. (2012) = 10k, so 8.5k profit (excluding electricity, I haven't tracked that).



I then played around with trading on MtGox, turned 50BTC into over 350BTC, withdrew to my offline waller and kept 50BTC to continue playing with. Then lost that when MtGox went bust/hacked/stolen (whatever actually happened).



My holdings are now worth 24kea, so that's easily 8 digits. I've a nice retirement package. can't count chickens before they're hatched of course - it could all disappear tomorrow, but I've already made my initial investment back 550%. So I am in front.

My brother in law did exactly what you did. In 2011 he had a number of high power computers to do his video editing software and pirated movies. He got into mining them and he also got paid in BTC by some people for some work he did. He now holds 208 of them, a very tidy sum indeed.

[Lunch]

That’s crazy

[PHATAL]

If registration was instant I would have been $5 up by now. Minus fees of course.

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[Lunch]

Waiting for your bpay deposit to clear is more painful

[PHATAL]

I have been too busy at work to look into this properly. If I had done this late last month when I wanted to sort it I would be up around 200%

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[Ben73]

I have a mate who is down few thousand since he started.
It's not all great stories.
I'm getting interested anyway.

[PHATAL]

Yeah I have a feeling that I would be jumping on this band wagon too late now. Quite possibly it is on its high side now and it is all down hill from here. Nobody knows!

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[Outbackjack]

The only crypto I am investing in is https://ripple.com/ > This is for reasons of my own. Its a personal choice but one thing we can count on is that crypto currencies are here to stay. Most of the critics (hi profile critics, not the folk on this forum) see themselves becoming irrelevant over the next decade or so. Crypto are putting money control into the hands of "the people".... I might be proven completely wrong over time. But in the meantime I have turned 10K into 33K in a month. And its all legal.

[Captain Stubing]

Originally Posted by Outbackjack

The only crypto I am investing in is https://ripple.com/ > This is for reasons of my own. Its a personal choice but one thing we can count on is that crypto currencies are here to stay. Most of the critics (hi profile critics, not the folk on this forum) see themselves becoming irrelevant over the next decade or so. Crypto are putting money control into the hands of "the people".... I might be proven completely wrong over time. But in the meantime I have turned 10K into 33K in a month. And its all legal.

Are you selling when it's high, and buying when the price is lower, or invest 10k, and wait for it to grow?

[Outbackjack]

Originally Posted by swanny

Are you selling when it's high, and buying when the price is lower, or invest 10k, and wait for it to grow?

So far just buy low and wait.... I see ripple as a 5 year investment. If ripple only performs 10% of what bitcoin has done my investment would be $7M.

[Trump]

Originally Posted by Outbackjack

The only crypto I am investing in is https://ripple.com/ > This is for reasons of my own. Its a personal choice but one thing we can count on is that crypto currencies are here to stay. Most of the critics (hi profile critics, not the folk on this forum) see themselves becoming irrelevant over the next decade or so. Crypto are putting money control into the hands of "the people".... I might be proven completely wrong over time. But in the meantime I have turned 10K into 33K in a month. And its all legal.

Crypto currencies are a technological tour de force, and one (or more) could be put in place as a currency. However this will not happen unless the central banking cartel can get full control of the entire process; as it stands they have no control and as such, they will fight tooth and nail to maintain the status quo as their power resides in the ability to issue essentially unlimited fiat.

[fordomatic]

Originally Posted by Trump

Crypto currencies are a technological tour de force, and one (or more) could be put in place as a currency. However this will not happen unless the central banking cartel can get full control of the entire process; as it stands they have no control and as such, they will fight tooth and nail to maintain the status quo as their power resides in the ability to issue essentially unlimited fiat.

Exactly, big business (Which is what runs the world, not politicians) has the power to destroy bitcoin. Look at the EU at the moment, all countries have now agreed to regulate bitcoin. This is because big business is not getting a piece of the pie.

I trade what i can afford to lose, if i lost all my money tomorrow i would be angry but it wouldn't be the end of the world. Big money to be made if you pick the right coins.

[FairmontGS]

Originally Posted by fordomatic

Exactly, big business (Which is what runs the world, not politicians) has the power to destroy bitcoin. Look at the EU at the moment, all countries have now agreed to regulate bitcoin. This is because big business is not getting a piece of the pie.

I trade what i can afford to lose, if i lost all my money tomorrow i would be angry but it wouldn't be the end of the world. Big money to be made if you pick the right coins.

Originally Posted by Outbackjack

The only crypto I am investing in is https://ripple.com/ > This is for reasons of my own. Its a personal choice but one thing we can count on is that crypto currencies are here to stay. Most of the critics (hi profile critics, not the folk on this forum) see themselves becoming irrelevant over the next decade or so. Crypto are putting money control into the hands of "the people".... I might be proven completely wrong over time. But in the meantime I have turned 10K into 33K in a month. And its all legal.

Originally Posted by Trump

Crypto currencies are a technological tour de force, and one (or more) could be put in place as a currency. However this will not happen unless the central banking cartel can get full control of the entire process; as it stands they have no control and as such, they will fight tooth and nail to maintain the status quo as their power resides in the ability to issue essentially unlimited fiat.

You bunch of commie-reds

The "system" will never be overthrown, we'll grind the proletariat back into the mud and keep 99% of the wealth in the hands of the 1% who rule

(In the meantime my BTC Markets account was approved instantly so let's go play )

[PHATAL]

Originally Posted by FairmontGS

You bunch of commie-reds

The "system" will never be overthrown, we'll grind the proletariat back into the mud and keep 99% of the wealth in the hands of the 1% who rule

(In the meantime my BTC Markets account was approved instantly so let's go play )

I am thinking I have to wait for a letter as everything I do is to a PO Box but they want residential. Meanwhile I am watching the price rise...

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[Sioso]

Originally Posted by Lunch

Waiting for your bpay deposit to clear is more painful

That's the stage I'm at, how long does it take to land in your BTC account?

[PHATAL]

Up 8% in the last 48 hours...

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[GO FURTHER]

Roll out of the first ever nationwide network of bitcoin ATMs in Australia;

http://www.heraldsun.com.au/news/vic...5d02dd7017d3cd

[Lunch]

Originally Posted by Sioso

That's the stage I'm at, how long does it take to land in your BTC account?

I did it Friday arvo, received the confirmation email about an hour ago, basically 2 full working days

[aussiblue]

http://www.watoday.com.au/business/m...18-p4yxty.html

Home Business Markets
DECEMBER 19 2017 - 11:16AM
Bitcoin.com is one of the world’s largest bitcoin sites, having grown its profile thanks to the insane price surge of the cryptocurrency this year. But its cofounder and CTO, Emil Oldenburg, a Swedish native, is extremely skeptical of bitcoin’s future.

“I would say an investment in bitcoin is right now the riskiest investment you can make. There’s an extremely high risk,” he says in an interview with Swedish tech site

“I have in fact sold all my bitcoins recently and switched to bitcoin cash,” says Oldenburg, referring to the problems with bitcoin’s high transaction costs and lead times.

Indeed, by some counts, bitcoin transaction fees are doubling every three months, and it now takes on average 4.5 hours to confirm a bitcoin transaction. Ars Technica reported that fees reached $US26 per trade recently. Bitcoin.com operates in everything that has to do with bitcoins.

[aussiblue]

And https://www.cnbc.com/2017/12/18/watc...ommentary.html

Watch out for a correction in bitcoin after a parabolic rise Cryptocurrencies are suitable for short-term trading Bitcoin futures have limits on expiry
The bitcoin trend shows room for a 50% correction

[aussiblue]

And if this even looks like happening watch crypto currencies drop to zero while gold prices go through the roof.

Beijing urged to mobilise its troops in anticipation of Korean War ‘between now and March’

http://www.news.com.au/world/beijing...6e44efcf566c64

[Mercury Bullet]

Agreed, if there is any hint of war the whole thing will collapse. (IMO)

Everyone will go for gold, happens every time during war.

But good luck to those investing and keep your eyes open and be prepared to cash out at the right time.

My 2 Bitcoins.

[aussiblue]

Soon to enter the "Blow Off" phase me thinks. So IMO only invest what you can afford to lose and if you have already invested and made big gains consider realizing 50% of that now.

[Lunch]

So we are currently in the mania phase?
If that graph is accurate then I guess it’s all about timing