Planet Rugby Forum

The Sun God wrote:

Cabbage wrote:
Did anyone get in on it? Been reading horror stories where people bought thousands of bitcoins for pocket change but lost them all through hard drive failure or simply forgetting about them / wallet passwords. Someone once paid 10,000 bitcoins for 2 pizzas, worth €20m today

I was having a drink last week in Dublin with a very clued in young Lady who I used to deal with in one of the banks. She is very blockchain/cryptocurrency savvie but she told me she liquidated her personal bitcoin position earlier this year having built a position over the past 3. Her net profit.....17 million Euros. I never got involved myself but I am starting to look at some similar avenues.

She must have invested millions in the first place, TBF.

$2600

Tony Blair's Therapist wrote:

The Sun God wrote:

Cabbage wrote:
Did anyone get in on it? Been reading horror stories where people bought thousands of bitcoins for pocket change but lost them all through hard drive failure or simply forgetting about them / wallet passwords. Someone once paid 10,000 bitcoins for 2 pizzas, worth €20m today

I was having a drink last week in Dublin with a very clued in young Lady who I used to deal with in one of the banks. She is very blockchain/cryptocurrency savvie but she told me she liquidated her personal bitcoin position earlier this year having built a position over the past 3. Her net profit.....17 million Euros. I never got involved myself but I am starting to look at some similar avenues.

She must have invested millions in the first place, TBF.

How do you figure that ?
http://www.marketwatch.com/story/as-bit ... 2017-05-22

The Sun God wrote:

Tony Blair's Therapist wrote:

The Sun God wrote:

Cabbage wrote:
Did anyone get in on it? Been reading horror stories where people bought thousands of bitcoins for pocket change but lost them all through hard drive failure or simply forgetting about them / wallet passwords. Someone once paid 10,000 bitcoins for 2 pizzas, worth €20m today

I was having a drink last week in Dublin with a very clued in young Lady who I used to deal with in one of the banks. She is very blockchain/cryptocurrency savvie but she told me she liquidated her personal bitcoin position earlier this year having built a position over the past 3. Her net profit.....17 million Euros. I never got involved myself but I am starting to look at some similar avenues.

She must have invested millions in the first place, TBF.

How do you figure that ?
http://www.marketwatch.com/story/as-bit ... 2017-05-22

Why choose now to cash out?

JoeyFantastic wrote:

The Sun God wrote:

Tony Blair's Therapist wrote:

The Sun God wrote:

Cabbage wrote:
Did anyone get in on it? Been reading horror stories where people bought thousands of bitcoins for pocket change but lost them all through hard drive failure or simply forgetting about them / wallet passwords. Someone once paid 10,000 bitcoins for 2 pizzas, worth €20m today

I was having a drink last week in Dublin with a very clued in young Lady who I used to deal with in one of the banks. She is very blockchain/cryptocurrency savvie but she told me she liquidated her personal bitcoin position earlier this year having built a position over the past 3. Her net profit.....17 million Euros. I never got involved myself but I am starting to look at some similar avenues.

She must have invested millions in the first place, TBF.

How do you figure that ?
http://www.marketwatch.com/story/as-bit ... 2017-05-22

Why choose now to cash out?

She was of the view that the market will dip later this year where she will look to buy. She is also involved with other crypto-currencies.
As I said , I don't know enough about bitcoin to have a view one way or the other but it is certainly an opportunity missed.

The Sun God wrote: She was of the view that the market will dip later this year where she will look to buy. She is also involved with other crypto-currencies.
As I said , I don't know enough about bitcoin to have a view one way or the other but it is certainly an opportunity missed.

Yeah, it's interesting one. When it looks too good to be true it usually is but there was definitely good money to be made. It seems so widely talked about now you'd assume the bubble (if it is one) is about to burst but you never know.

I was looking at etherium, and to a lesser extent lyte and bit but it really looks like all cryptos are on a temporary spike that will ebb back, spike again etc if it follows a temporary pattern.

However, if you take the spikes out, it still seems to be a solid enough gain over time, as they always seem to settle at a point that is higher than the start of the spike.

Zakar wrote:I was looking at etherium, and to a lesser extent lyte and bit but it really looks like all cryptos are on a temporary spike that will ebb back, spike again etc if it follows a temporary pattern.

However, if you take the spikes out, it still seems to be a solid enough gain over time, as they always seem to settle at a point that is higher than the start of the spike.

That's what the charts would say. I hear Etherium is going to be a very big play, I am on the fence until I learn more.

The Sun God wrote:

Tony Blair's Therapist wrote:

The Sun God wrote:

Cabbage wrote:
Did anyone get in on it? Been reading horror stories where people bought thousands of bitcoins for pocket change but lost them all through hard drive failure or simply forgetting about them / wallet passwords. Someone once paid 10,000 bitcoins for 2 pizzas, worth €20m today

I was having a drink last week in Dublin with a very clued in young Lady who I used to deal with in one of the banks. She is very blockchain/cryptocurrency savvie but she told me she liquidated her personal bitcoin position earlier this year having built a position over the past 3. Her net profit.....17 million Euros. I never got involved myself but I am starting to look at some similar avenues.

She must have invested millions in the first place, TBF.

How do you figure that ?
http://www.marketwatch.com/story/as-bit ... 2017-05-22

The article you've cited quotes the increase since 2010. But you say your friend began investing three years ago, since when the value has "only" quadrupled, more or less (as I know well, since that's when I "got in"). However, you say she "built a position" over the three years, suggesting she's been investing regularly over that period. You would imagine therefore that it's likely she hasn't seen the benefit of the gain on her whole investment. So, logically, to make a net profit of € 17 million, she must have invested millions of € over the 3 year period.

If she'd invested in 2010, however, different story ...

Tony Blair's Therapist wrote:

The Sun God wrote:

Tony Blair's Therapist wrote:

The Sun God wrote:

Cabbage wrote:
Did anyone get in on it? Been reading horror stories where people bought thousands of bitcoins for pocket change but lost them all through hard drive failure or simply forgetting about them / wallet passwords. Someone once paid 10,000 bitcoins for 2 pizzas, worth €20m today

I was having a drink last week in Dublin with a very clued in young Lady who I used to deal with in one of the banks. She is very blockchain/cryptocurrency savvie but she told me she liquidated her personal bitcoin position earlier this year having built a position over the past 3. Her net profit.....17 million Euros. I never got involved myself but I am starting to look at some similar avenues.

She must have invested millions in the first place, TBF.

How do you figure that ?
http://www.marketwatch.com/story/as-bit ... 2017-05-22

The article you've cited quotes the increase since 2010. But you say your friend began investing three years ago, since when the value has "only" quadrupled, more or less (as I know well, since that's when I "got in"). However, you say she "built a position" over the three years, suggesting she's been investing regularly over that period. You would imagine therefore that it's likely she hasn't seen the benefit of the gain on her whole investment. So, logically, to make a net profit of € 17 million, she must have invested millions of € to achieve that level of net profit.

If she'd invested in 2010, however, different story ...

We were having a conversation over a drink, I wasn't giving her the third degree nor did I get into the minutiae of her trading frequency or short positions and whether or not she used options or other synthetics to add value.

The Sun God wrote:

Zakar wrote:I was looking at etherium, and to a lesser extent lyte and bit but it really looks like all cryptos are on a temporary spike that will ebb back, spike again etc if it follows a temporary pattern.

However, if you take the spikes out, it still seems to be a solid enough gain over time, as they always seem to settle at a point that is higher than the start of the spike.

That's what the charts would say. I hear Etherium is going to be a very big play, I am on the fence until I learn more.

I would highly advise putting the effort in, irrespective of your investment appetite. It's an incredibly exciting space.

TheBouncer wrote:

The Sun God wrote:

Zakar wrote:I was looking at etherium, and to a lesser extent lyte and bit but it really looks like all cryptos are on a temporary spike that will ebb back, spike again etc if it follows a temporary pattern.

However, if you take the spikes out, it still seems to be a solid enough gain over time, as they always seem to settle at a point that is higher than the start of the spike.

That's what the charts would say. I hear Etherium is going to be a very big play, I am on the fence until I learn more.

I would highly advise putting the effort in, irrespective of your investment appetite. It's an incredibly exciting space.

Grrr, I am so triggered right now. Good thing I am on holidays

sewa wrote:

TheBouncer wrote:

i love you sewa don't upset me

No offence meant, when you see some of the high rollers (TSG, Globby etc) here talking about their money it makes me laugh. They'd swap it all for a decent hard on and a full head of hair

Since you are back on this thread, why don't you now fcuk off and bore the crap out of someone who gives a shit about your inane ramblings...

Tony Blair's Therapist wrote:

The Sun God wrote:

Tony Blair's Therapist wrote:

The Sun God wrote:

Cabbage wrote:
Did anyone get in on it? Been reading horror stories where people bought thousands of bitcoins for pocket change but lost them all through hard drive failure or simply forgetting about them / wallet passwords. Someone once paid 10,000 bitcoins for 2 pizzas, worth €20m today

I was having a drink last week in Dublin with a very clued in young Lady who I used to deal with in one of the banks. She is very blockchain/cryptocurrency savvie but she told me she liquidated her personal bitcoin position earlier this year having built a position over the past 3. Her net profit.....17 million Euros. I never got involved myself but I am starting to look at some similar avenues.

She must have invested millions in the first place, TBF.

How do you figure that ?
http://www.marketwatch.com/story/as-bit ... 2017-05-22

The article you've cited quotes the increase since 2010. But you say your friend began investing three years ago, since when the value has "only" quadrupled, more or less (as I know well, since that's when I "got in"). However, you say she "built a position" over the three years, suggesting she's been investing regularly over that period. You would imagine therefore that it's likely she hasn't seen the benefit of the gain on her whole investment. So, logically, to make a net profit of € 17 million, she must have invested millions of € over the 3 year period.

If she'd invested in 2010, however, different story ...

Or traded, shirley?

TheBouncer wrote:

The Sun God wrote:

Zakar wrote:I was looking at etherium, and to a lesser extent lyte and bit but it really looks like all cryptos are on a temporary spike that will ebb back, spike again etc if it follows a temporary pattern.

However, if you take the spikes out, it still seems to be a solid enough gain over time, as they always seem to settle at a point that is higher than the start of the spike.

That's what the charts would say. I hear Etherium is going to be a very big play, I am on the fence until I learn more.

I would highly advise putting the effort in, irrespective of your investment appetite. It's an incredibly exciting space.

How do you invest in these things. I've just done some searching and I am really old, lost and a bit dumbfounded.

The Sun God wrote:We were having a conversation over a drink, I wasn't giving her the third degree nor did I get into the minutiae of her trading frequency or short positions and whether or not she used options or other synthetics to add value.

Is your friend Nigerian? Did any of her relatives die in a plane crash? Did she suggest that she needed your bank details so she could deposit the full balance of the € 17 million in your account in order to avoid excessive capital gains tax?

jolindien wrote:

The Sun God wrote:

Cabbage wrote:
Did anyone get in on it? Been reading horror stories where people bought thousands of bitcoins for pocket change but lost them all through hard drive failure or simply forgetting about them / wallet passwords. Someone once paid 10,000 bitcoins for 2 pizzas, worth €20m today

I was having a drink last week in Dublin with a very clued in young Lady who I used to deal with in one of the banks. She is very blockchain/cryptocurrency savvie but she told me she liquidated her personal bitcoin position earlier this year having built a position over the past 3. Her net profit.....17 million Euros. I never got involved myself but I am starting to look at some similar avenues.

What a fail !
So basically you're telling us you have no bitcoin, you met a master girl with millions in bank in a bar and you didn't even end in some red and gold hotel room urinating on her face ?
Poor story really.
And what about that rule that could have saved your miserable post ?

BOOM!

theo wrote:

TheBouncer wrote:

The Sun God wrote:

Zakar wrote:I was looking at etherium, and to a lesser extent lyte and bit but it really looks like all cryptos are on a temporary spike that will ebb back, spike again etc if it follows a temporary pattern.

However, if you take the spikes out, it still seems to be a solid enough gain over time, as they always seem to settle at a point that is higher than the start of the spike.

That's what the charts would say. I hear Etherium is going to be a very big play, I am on the fence until I learn more.

I would highly advise putting the effort in, irrespective of your investment appetite. It's an incredibly exciting space.

How do you invest in these things. I've just done some searching and I am really old, lost and a bit dumbfounded.

If you are really interested, drop these guys an e.mail.....http://www.avatrade.com/trading-info/ra ... ts/bitcoin

Thanks

Tony Blair's Therapist wrote:

The Sun God wrote:We were having a conversation over a drink, I wasn't giving her the third degree nor did I get into the minutiae of her trading frequency or short positions and whether or not she used options or other synthetics to add value.

Is your friend Nigerian? Did any of her relatives die in a plane crash? Did she suggest that she needed your bank details so she could deposit the full balance of the € 17 million in your account in order to avoid excessive capital gains tax?

No American actually, with great tits. I was looking at her tits quite a lot during the conversation so I may have missed some details.

The Sun God wrote:

Zakar wrote:I was looking at etherium, and to a lesser extent lyte and bit but it really looks like all cryptos are on a temporary spike that will ebb back, spike again etc if it follows a temporary pattern.

However, if you take the spikes out, it still seems to be a solid enough gain over time, as they always seem to settle at a point that is higher than the start of the spike.

That's what the charts would say. I hear Etherium is going to be a very big play, I am on the fence until I learn more.

I am involved in a business to business crypto currency with one of my old bosses. It's either worth nothing or hundreds of millions at its current stage.

So can I buy shares in Ethereum?

theo wrote:So can I buy shares in Ethereum?

It's not a stock.

theo wrote:

I presume I'm being whooshed? You don't buy stocks in dollars or euros, you just buy dollars or euros - right?

Zakar wrote:I've been thinking about puting £500 or so in etherium. I doubt it will spike as much as bitcoin, but still.

I've bought 20 ethereum at 50€ piece two months ago....already a 2K benefit
Won't sell them before they reach at least 1000€ (cause they'll most certainly reach it)

theo wrote:So can I buy shares in Ethereum?

Think of it as a currency albeit a volatile one. There are exchanges where you buy ETH/BTC but you also need a wallet to keep your crypto. Youtube has lot of primers on this. I think with how its ramped up there will be a correction soon but thats natural and probably needed. I jumped in early March into ETH after holding BTC for a while and ETH has shot up.

kiwinoz wrote:

theo wrote:So can I buy shares in Ethereum?

Think of it as a currency albeit a volatile one. There are exchanges where you buy ETH/BTC but you also need a wallet to keep your crypto. Youtube has lot of primers on this. I think with how its ramped up there will be a correction soon but thats natural and probably needed. I jumped in early March into ETH after holding BTC for a while and ETH has shot up.

Thanks. A different world.

theo wrote:

kiwinoz wrote:

theo wrote:So can I buy shares in Ethereum?

Think of it as a currency albeit a volatile one. There are exchanges where you buy ETH/BTC but you also need a wallet to keep your crypto. Youtube has lot of primers on this. I think with how its ramped up there will be a correction soon but thats natural and probably needed. I jumped in early March into ETH after holding BTC for a while and ETH has shot up.

Thanks. A different world.

Take a look at Ripple too.

Fellas,

I'm just about to graduate University and have managed to somehow be deserving of €500 from various sources (aunts, uncles etc). Always been interested in trading and I always had a demo account on plus 500 where I used to do pretty well (artificially anyway) from macro events. However, it's most definitely not my speciality (Political science and business strategy were my degrees). Reading this, however, has made me want to have a crack at it and since that €500 has come from nowhere I was thinking I may as well have a go. I have a job so it's not gonna break the bank and im prepared to lose it. Had a successful uncle who always said only invest if you are willing to lose it.

So, my question is.

Would buying €500 of Ethereum be a "solid/risky/just go for it son" investment?

If it goes well great, if not then ill survive (I've done it the last 4 years of college anyway on a pittance).

Also, it would be quite a good story saying your first investment was based off a rugby forum.

All in.

Bumped. For those thinking about timing the correction (I called ) has made now a good time to get in. Caveat emptor and all that ...

Good time to buy ethereum? What about other digital currencies?

Salix wrote:Good time to buy ethereum? What about other digital currencies?

I'm spread across BTC, ETH, XRP and Lumens.

Wait until the next correction to buy in. I got some ehthereum at $159, now gone up to $173. Call me the wolf of wall street.

How easy would it have been to buy some bitcoins when it first came out?

englishchief wrote:Wait until the next correction to buy in. I got some ehthereum at $159, now gone up to $173. Call me the wolf of wall street.

I got into ETH at $7-$9

sorCrer wrote:

Salix wrote:Good time to buy ethereum? What about other digital currencies?

I'm spread across BTC, ETH, XRP and Lumens.

Do you expect XRP and lumens to rise much?

KHollywood10 wrote:Fellas,

I'm just about to graduate University and have managed to somehow be deserving of €500 from various sources (aunts, uncles etc). Always been interested in trading and I always had a demo account on plus 500 where I used to do pretty well (artificially anyway) from macro events. However, it's most definitely not my speciality (Political science and business strategy were my degrees). Reading this, however, has made me want to have a crack at it and since that €500 has come from nowhere I was thinking I may as well have a go. I have a job so it's not gonna break the bank and im prepared to lose it. Had a successful uncle who always said only invest if you are willing to lose it.

So, my question is.

Would buying €500 of Ethereum be a "solid/risky/just go for it son" investment?

If it goes well great, if not then ill survive (I've done it the last 4 years of college anyway on a pittance).

Also, it would be quite a good story saying your first investment was based off a rugby forum.

This was my mindset anyway. Studying the tech, developing a belief in it and throwing what I could afford to lose behind it. If the adoption is as strong as I suspect the upside will be enormous, if not I can live with it.

And it's a fun ride besides.. 180 yoyos down to 100 in a week and now back to 150 or so.