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12/14/2017 04:12:40 PM · #1
Yup...

Just 50 bucks worth but at least I can say I participated... ;)

Anyone else jump in this madness before it became crazy and is now EXTREMELY happy?

Edit: Typo

Message edited by author 2017-12-14 16:16:33.
12/14/2017 04:29:38 PM · #2
"Madness" being the operative word ... :-(

Good luck though!
12/14/2017 11:41:45 PM · #3
yep, about 3 years ago
12/14/2017 11:58:40 PM · #4
Just bought Bacon.
12/15/2017 08:38:07 AM · #5
you must be ROLLIN!
did you sell?

Originally posted by GeorgesBogaert:

yep, about 3 years ago
12/15/2017 11:58:50 AM · #6
Well... I made $0.13 in 24 hours... Am I rich, yet?

Lol.

I may get 50 bucks in Litecoin and see which one goes up and what one stays the same/goes down.

This is like a big game to me... The fact that I don't really know what the heck I'm doing makes it seem very much like a slot machine. Lol.
12/15/2017 02:31:40 PM · #7
Originally posted by tate:

you must be ROLLIN!
did you sell?

Originally posted by GeorgesBogaert:

yep, about 3 years ago


Nope, never sold anything. the amount was too small when I started. (more joined for fun and curiosity)
I have however a nice little amount now. I did the mining at home, but that's really not worth the effort and time. (one of my pc's was on day and night for almost a year) still have that huge file to decrypt on it.
My wife is handling this now (She is an economist and used to work at a stock market company).

12/15/2017 02:39:02 PM · #8
Originally posted by GeorgesBogaert:

Originally posted by tate:

you must be ROLLIN!
did you sell?

Originally posted by GeorgesBogaert:

yep, about 3 years ago


Nope, never sold anything. the amount was too small when I started. (more joined for fun and curiosity)
I have however a nice little amount now. I did the mining at home, but that's really not worth the effort and time. (one of my pc's was on day and night for almost a year) still have that huge file to decrypt on it.
My wife is handling this now (She is an economist and used to work at a stock market company).


If you don't mind me asking, how much was it when you bought/mined it?
12/17/2017 09:32:46 AM · #9
Originally posted by skewsme:

Just bought Bacon.


much more worthwhile
12/17/2017 02:25:57 PM · #10
LOL, I wanted to take "the plunge" on Friday, turns out the exchanges that accept South African payments are overrun and all registration is temporarily closed!!! :-(.

Message edited by author 2017-12-17 14:26:43.
12/17/2017 09:04:12 PM · #11
Originally posted by kasaba:

LOL, I wanted to take "the plunge" on Friday, turns out the exchanges that accept South African payments are overrun and all registration is temporarily closed!!! :-(.


When I first got on the site that I use, it took me like an hour or more to verify the account.

12/18/2017 07:30:50 PM · #12
By contrast, for those not into instant gratification, Berkshire-Hathaway A shares:
1965: $11
2017: $300,000
12/19/2017 12:50:12 AM · #13
Originally posted by GeneralE:

By contrast, for those not into instant gratification, Berkshire-Hathaway A shares:
1965: $11
2017: $300,000


If you factor in inflation than it would equal about $39,000 in 1965 money.

Message edited by author 2017-12-19 00:51:17.
12/19/2017 01:22:02 AM · #14
In 1969 we built our first house for about $8000 AUD all up including land purchase, so $39,000 (even allowing for exchange rate) would have been substantial. (Same house would be about $250,000 AUD now.)
12/19/2017 02:46:39 AM · #15
best investment is art, collections, etc...
Never loose value and only goes up.
Short story... there was a guy (Saudi Arabian)who bought the 2 last existing bottles of a particular French wine. He bought it on an auction for an amazing price of 100,000US$ for both bottles.
Just got them and dropped one in front of everyone. Right after he put the last existing bottle for sale for a whooping price of 200,000US$, and sold it.
How to make money fast... :)

12/19/2017 05:44:12 PM · #16
From Dave Ross:

Another cryptocurrency is going crazy. This one is called Litecoin, which is up about 8,200 percent so far this year. Not even Bitcoin can match that!

And youíre tempted to buy some, arenít you?

Well, before you can buy a cryptocurrency you need a cryptocurrency wallet to hold your private key, as explained on the Coinbase website.

ďA private key is just a very long string of numbers and letters that acts as the password to your Bitcoin wallet.Ē

You canít memorize it so you typically store it in a hardware wallet that plugs into your computer. You type in a PIN to wake up the wallet, which then sends the secret code to unlock your money.

But if you lose or forget your PIN, you canít just go to a bank and prove who you are. Your moneyís just gone.

That happened to Mark Frauenfelder, an editor at WIRED magazine, who lost his wallet code. He had $30,000 in Bitcoin in that wallet. To retrieve it he had to hire a hacker who showed him how to physically pry open his hardware wallet and then load in a special program.

He had one chance to get it right, otherwise, $30,000 would just disappear. He was successful.

Of course, losing your PIN isnít the only pitfall, as one helpful tutorial explains.

ďIn the event of internal fraud or external hacking, your Bitcoins will likely be irretrievably lost.Ē

Welcome to the future. Ainít it great?
12/20/2017 09:14:23 AM · #17
This is why I didn't put a lot in there. To me this is more a game. A game to see if I can make a quick buck and get out. Only putting 50 bucks in and not a cent more. It's sort of like going to the casino with a set amount in your wallet...

I've traded from Bitcoin to Litecoin and now on to Ripple.

So far I'm up about 8 total dollars. I almost went to BitcoinCash which jumped significantly yesterday... Kicking myself for not going with my gut but oh well. Maybe Ripple will be the next big jump...? Hopefully. Lol.
12/20/2017 09:50:22 PM · #18
I always thought my Nikon lenses were a good investment. That's why I haven't sold any even though I've been using my Fuji for 2 years.

Unfortunately, Nikon has decreased some prices. My 16-35mm f/4, which was $1199 or so plus tax when I bought it, is now $200 less new.

My 24-70 increased in value, signficantly, but then they put out a new version. The old one is still very good though so I should at least break even when I eventually sell.

If my Fuji X-T1 was a good investment, I'll never know it, since they've now been selling new for about $599 instead of the $1299 or so I paid for mine!

The best investment is to buy a good stock and hold on to it, in my opinion. Pick the one you think has the "monopoly" on the market or just a bitchin product.

12/20/2017 11:12:29 PM · #19
I hope you can keep North Korea out of your wallet.
abc.net.au/news/2017-12-20/north-korea-hachers-raiding-bitcoin-exchanges/9277044
12/20/2017 11:52:21 PM · #20
Something Iíve made sure of is to not put in more than I expect to get hacked and mark as a loss... If it doesnít get hacked Iím happy. If it does, oh well. It was fun while it lasted.
12/23/2017 10:09:01 AM · #21
Bought 15,000 Ripple at $0.248 ($3,717.00) on November 23, 2017. Profit is $12,714.00 right now.
Bought 65,000 Siacoin at $0.025 ($1,575.00) on December 20. 2017. Profit is $275.00 right now.
Hoping Siacoin moves up a bit.
Also own Litecoin, Ethereum and Bitcoin.
You could have bought them all yesterday morning at much lower prices.
All have returned to close to where they were a couple days ago.
12/23/2017 01:05:57 PM · #22
Bitcoin is like buying penny stocks but worse. There is absolutely no regulation. It was originally created to allow criminals to launder money and make illegal deals anonymously. Now a days it is full of con artists, sheisters, criminal governments, hackers, etc. etc. who are setting you up to take your money. Donít be fooled by this ďTulip ManiaĒ . Do not be tricked by all the hype.
12/23/2017 01:20:44 PM · #23
Originally posted by GolferDDS:

Bitcoin is like buying penny stocks but worse. There is absolutely no regulation. It was originally created to allow criminals to launder money and make illegal deals anonymously. Now a days it is full of con artists, sheisters, criminal governments, hackers, etc. etc. who are setting you up to take your money. Donít be fooled by this ďTulip ManiaĒ . Do not be tricked by all the hype.

You forgot the (negative) ecological impact of the huge server farms gobbling up power to "mine" more BitCoins ...
12/23/2017 02:30:26 PM · #24
my crystal ball had a vision....in February, 1BTC will reach 1,000,000US$. :)

12/23/2017 04:43:27 PM · #25
Originally posted by GeorgesBogaert:

my crystal ball had a vision....in February, 1BTC will reach 1,000,000US$. :)


I would like to sell you the Brooklyn bridge. Just let me have your bank account number and I will withdraw the money so you donít have to do a thing my friend!
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