€100 of Bitcoin in 2010 = €70m today

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handyman
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Re: €100 of Bitcoin in 2010 = €70m today

Post by handyman »

sorCrer wrote:$4150

$5000 is on it's way.
1. As a Bitcoin noob, where do I start to deposit and buy?
2. Is it easy to sell your Bitcoin?
3. Price now roughly R 4 800, good time to invest?
Nabberuk
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Nabberuk »

Bitcoin cash being pumped ready for the dump
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sorCrer
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Re: €100 of Bitcoin in 2010 = €70m today

Post by sorCrer »

handyman wrote:
sorCrer wrote:$4150

$5000 is on it's way.
1. As a Bitcoin noob, where do I start to deposit and buy?
2. Is it easy to sell your Bitcoin?
3. Price now roughly R 4 800, good time to invest?
Price now is ZAR 62375 if you're in South Africa register on luno.com they will do FICA.
argus
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Re: €100 of Bitcoin in 2010 = €70m today

Post by argus »

Fairly interesting documentary on Netflix about bitcoin

So has the attempted regulation made it more valuable?
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sorCrer
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Re: €100 of Bitcoin in 2010 = €70m today

Post by sorCrer »

argus wrote:Fairly interesting documentary on Netflix about bitcoin

So has the attempted regulation made it more valuable?
Attempted regulation?
argus
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Re: €100 of Bitcoin in 2010 = €70m today

Post by argus »

sorCrer wrote:
argus wrote:Fairly interesting documentary on Netflix about bitcoin

So has the attempted regulation made it more valuable?
Attempted regulation?
Is it now regulated?

I'm not informed enough to have a decent discussion about this
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sorCrer
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Re: €100 of Bitcoin in 2010 = €70m today

Post by sorCrer »

argus wrote:
sorCrer wrote:
argus wrote:Fairly interesting documentary on Netflix about bitcoin

So has the attempted regulation made it more valuable?
Attempted regulation?
Is it now regulated?

I'm not informed enough to have a decent discussion about this
Not in South Africa although you should probably declare capital gains on it.

Here's the list: https://en.wikipedia.org/wiki/Legality_ ... _territory
argus
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Re: €100 of Bitcoin in 2010 = €70m today

Post by argus »

sorCrer wrote:
argus wrote:
sorCrer wrote:
argus wrote:Fairly interesting documentary on Netflix about bitcoin

So has the attempted regulation made it more valuable?
Attempted regulation?
Is it now regulated?

I'm not informed enough to have a decent discussion about this
Not in South Africa although you should probably declare capital gains on it.

Here's the list: https://en.wikipedia.org/wiki/Legality_ ... _territory
State of New York was trying to regulate the bitcoin exchanges.

Basically shut down the early adopters and exchanges as well as jailed some individuals who they said contributed to Silk Road transactions.

Of course, any bank that disbursed cash that is used to buy street drugs is doing the same thing
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TheBouncer
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Re: €100 of Bitcoin in 2010 = €70m today

Post by TheBouncer »

As the reality of many ICOs dawns and prices collapse claims are coming and given most are probably securities an almighty shitshow is likely. The exchanges are f**ked in this instance. I think that's close to inevitable.

What's more interesting is the impact this has on the protocol coins and especially the two big ones, ether obviously the more exposed here.
Nabberuk
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Nabberuk »

Has anyone been on steemit?
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paneer
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Re: €100 of Bitcoin in 2010 = €70m today

Post by paneer »

Was telling people about BTC at $60
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A5D5E5
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Re: €100 of Bitcoin in 2010 = €70m today

Post by A5D5E5 »

paneer wrote:Was telling people about BTC at $60
Globus wrote the block chain algorithm for Jeff Bitcoin.
Nabberuk
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Nabberuk »

paneer wrote:Was telling people about BTC at $60
I was in on Litecoin at $2. Still believe we'll see it reach $100 before the end of year
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Cartman
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Cartman »

That's better Ripple you fcking POS
sunnybanana
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Re: €100 of Bitcoin in 2010 = €70m today

Post by sunnybanana »

paneer wrote:Was telling people about BTC at $60
Pfft

Bought in at $30 :smug:
Nabberuk
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Nabberuk »

Anyone looked into nolimitcoin? It's seems to be growing around 600% a month

Further reading the coin is based on fantasy sports! Lol
Although they are soon to be listed on the bittrex exchange
Nabberuk
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Nabberuk »

Anyone holding litecoin?
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kiwinoz
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Re: €100 of Bitcoin in 2010 = €70m today

Post by kiwinoz »

Nabberuk wrote:Anyone holding litecoin?
Holding some so quite happy.
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hermie
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Re: €100 of Bitcoin in 2010 = €70m today

Post by hermie »

Went to buy some a couple of years ago but alas put it off. Quick question, how many of you guys who have bitcoins actually use them? Or like most others are you just speculating. I really like the idea of using it more than the potential gains to be made but isn't the main problem with it that so few people actually trade in it?
http://www.bbc.com/capital/story/201709 ... tcoin-boom
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Duff Paddy
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Duff Paddy »

Fairly blatant money laundering opportunity
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happyhooker
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Re: €100 of Bitcoin in 2010 = €70m today

Post by happyhooker »

Duff Paddy wrote:
Fairly blatant money laundering opportunity
What? Dubai??
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Duff Paddy
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Duff Paddy »

happyhooker wrote:
Duff Paddy wrote:
Fairly blatant money laundering opportunity
What? Dubai??
:lol: London too in fairness
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sorCrer
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Re: €100 of Bitcoin in 2010 = €70m today

Post by sorCrer »

hermie wrote:Went to buy some a couple of years ago but alas put it off. Quick question, how many of you guys who have bitcoins actually use them? Or like most others are you just speculating. I really like the idea of using it more than the potential gains to be made but isn't the main problem with it that so few people actually trade in it?
http://www.bbc.com/capital/story/201709 ... tcoin-boom
I bought a pair of running shoes online with BTC 2 months ago. Also just bought back a 35% share in a business for 6 BTC.
Nabberuk
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Nabberuk »

Personally i don't see Bitcoin's future as a use for purchasing on a day to day basis, i think Litecoin will likely be for that due to faster transactions.

If people want to get in on some free crypto coins you can sign up with cryptofantasysports.com, they only have soccer and NFL at the moment so no rugby. You'll get 10 NLC2 for free that you can then stake on a fantasy game.

Coins currently around 30 cents each
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sorCrer
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Re: €100 of Bitcoin in 2010 = €70m today

Post by sorCrer »

TO THE MOOON!!!
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handyman
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Re: €100 of Bitcoin in 2010 = €70m today

Post by handyman »

sorCrer wrote:TO THE MOOON!!!
Hodl or sell?
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GDBFC99
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Re: €100 of Bitcoin in 2010 = €70m today

Post by GDBFC99 »

*bookmarked*
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sorCrer
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Re: €100 of Bitcoin in 2010 = €70m today

Post by sorCrer »

handyman wrote:
sorCrer wrote:TO THE MOOON!!!
Hodl or sell?

HODL
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handyman
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Re: €100 of Bitcoin in 2010 = €70m today

Post by handyman »

sorCrer wrote:
handyman wrote:
sorCrer wrote:TO THE MOOON!!!
Hodl or sell?

HODL
:thumbup: Today is a good day.
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GDBFC99
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Re: €100 of Bitcoin in 2010 = €70m today

Post by GDBFC99 »

handyman wrote:
sorCrer wrote:
handyman wrote:
sorCrer wrote:TO THE MOOON!!!
Hodl or sell?

HODL
:thumbup: Today is a good day.
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Also...
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theo
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Re: €100 of Bitcoin in 2010 = €70m today

Post by theo »

https://www.standard.co.uk/news/london/ ... 57556.html

Stunning £17million west London mansion goes on sale - but sellers will only accept Bitcoin as payment
Bowens
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Bowens »

theo wrote:https://www.standard.co.uk/news/london/ ... 57556.html

Stunning £17million west London mansion goes on sale - but sellers will only accept Bitcoin as payment
Scum who don't want any questions about where the money comes from.
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DragsterDriver
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Re: €100 of Bitcoin in 2010 = €70m today

Post by DragsterDriver »

Is this going to be the next pyramid scheme? Even the roofers at Work are investing thousands of pounds in bitcoins :uhoh:
Bowens
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Bowens »

DragsterDriver wrote:Is this going to be the next pyramid scheme? Even the roofers at Work are investing thousands of pounds in bitcoins :uhoh:
The people I know who talk it up are uniformly shady.
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theo
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Re: €100 of Bitcoin in 2010 = €70m today

Post by theo »

Bowens wrote:
theo wrote:https://www.standard.co.uk/news/london/ ... 57556.html

Stunning £17million west London mansion goes on sale - but sellers will only accept Bitcoin as payment
Scum who don't want any questions about where the money comes from.
Indeed. He also seems to be suggesting HMRC need to work out how to charge the stamp duty and that property titles will become a thing of the past. Just weird.
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Zakar
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Zakar »

Bowens wrote:
DragsterDriver wrote:Is this going to be the next pyramid scheme? Even the roofers at Work are investing thousands of pounds in bitcoins :uhoh:
The people I know who talk it up are uniformly shady.
There's four types of people IME

1. Anarchocapitalists/criminals
2. People that think it's a bubble but believe they can pick the peak before it pops
3. People that passionately believe in the technology; and
4. Easily led idiots.
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DragsterDriver
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Re: €100 of Bitcoin in 2010 = €70m today

Post by DragsterDriver »

Zakar wrote:
Bowens wrote:
DragsterDriver wrote:Is this going to be the next pyramid scheme? Even the roofers at Work are investing thousands of pounds in bitcoins :uhoh:
The people I know who talk it up are uniformly shady.
There's four types of people IME

1. Anarchocapitalists/criminals
2. People that think it's a bubble but believe they can pick the peak before it pops
3. People that passionately believe in the technology; and
4. Easily led idiots.
4 looks favourite :P
goeagles
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Re: €100 of Bitcoin in 2010 = €70m today

Post by goeagles »

Zakar wrote:
Bowens wrote:
DragsterDriver wrote:Is this going to be the next pyramid scheme? Even the roofers at Work are investing thousands of pounds in bitcoins :uhoh:
The people I know who talk it up are uniformly shady.
There's four types of people IME

1. Anarchocapitalists/criminals
2. People that think it's a bubble but believe they can pick the peak before it pops
3. People that passionately believe in the technology; and
4. Easily led idiots.
A lot of #3 are more into alt-coins whose tech is supposedly superior to Bitcoin.
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Zakar
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Re: €100 of Bitcoin in 2010 = €70m today

Post by Zakar »

goeagles wrote:
Zakar wrote:
Bowens wrote:
DragsterDriver wrote:Is this going to be the next pyramid scheme? Even the roofers at Work are investing thousands of pounds in bitcoins :uhoh:
The people I know who talk it up are uniformly shady.
There's four types of people IME

1. Anarchocapitalists/criminals
2. People that think it's a bubble but believe they can pick the peak before it pops
3. People that passionately believe in the technology; and
4. Easily led idiots.
A lot of #3 are more into alt-coins whose tech is supposedly superior to Bitcoin.
Yes, that's why i put my only crypto 'investment' into ETH.

That being said, all the Banks(usually in JVs) are working on proprietary blockchain technology. When it becomes standard in finance i doubt it will be any one of the current cryptos.
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