Is Bitcoin the Next Big Thing?

[Murray]

but I'd wait, as fees for transfers (due to high level of unconfirmed BTC transactions) are currently very high, in excess of $50...a big reason why I feel BTC is fundamentally floored.

I see, thanks, Is the price directly related to the Bitcoin price or no?

 

[ian]

I see, thanks, Is the price directly related to the Bitcoin price or no?

Not at the moment, just what it takes to incentive miners to confirm transfers etc. Bitcoin has lost its appeal with current backlog and high charges.

 

[aZooZa]

Just for the sake of nostalgia:

https://www.acorndomains.co.uk/threads/bitcoins-in-2014.121894/

@Murray I just found 0.011597 BTC in a wallet I'd forgotten about in 2014. I suggest people check their email accounts for hints of wallets they also might have forgotten about around this time.

 

[Murray]

Just for the sake of nostalgia:

https://www.acorndomains.co.uk/threads/bitcoins-in-2014.121894/

@Murray I just found 0.011597 BTC in a wallet I'd forgotten about in 2014. I suggest people check their email accounts for hints of wallets they also might have forgotten about around this time.

I haven't read through but I think that's the thread that convinced me to get a couple Bitcoin

Was mostly down to "Monkey"'s enthusiasm who was buying them in large batches

 

[Skinner]

I still wonder what the Monkey man is up to, as much of an ass as he often was, he was at least informative, happy to give his input and knowledge and provided many compelling arguments.

I wonder if he held is coins, @Admin should reach out and try to resurrect mini-kong

 

[Coolbreeze]

The Cautious "bystanders" always wish they had after the Fact, Risk Takers Win big, Bitcoin\Risky investments is for the guys who wear the big pants were the big boys play, never attach yourself emotionally to an investment, entrepreneurial philosophy. For those who are skeptical keep watching and let those with teeth in the game ride the storm. Nothing is a sure thing all successful men take huge risks the cautions keep dreaming nothing is a sure thing in life but death. Invest now no brainer or watch history pass you by if you are only interested in the next bowl of soup then this is no playground for you. My opinion only.

 

[websaway]

Risk comes from not knowing what you're doing.

Warren Buffet.

 

[Murray]

The Cautious "bystanders" always wish they had after the Fact, Risk Takers Win big, Bitcoin\Risky investments is for the guys who wear the big pants were the big boys play, never attach yourself emotionally to an investment, entrepreneurial philosophy. For those who are skeptical keep watching and let those with teeth in the game ride the storm. Nothing is a sure thing all successful men take huge risks the cautions keep dreaming nothing is a sure thing in life but death. Invest now no brainer or watch history pass you by if you are only interested in the next bowl of soup then this is no playground for you. My opinion only.

Depends how much you have to invest

£10,000 might be a weeks disposable income for one person and the life savings of another; totally different levels of risk

If you don't have a lot of money, you should only invest in backing yourself, not speculative stuff out of your control.

 

[Sound]

Risk comes from not knowing what you're doing.

Warren Buffet.

I don't think people who invested in Bitcoin at $200 and watched it rise to $20,000 need any help or risk advice do you?

 

[Murray]

I don't think people who invested in Bitcoin at $200 and watched it rise to $20,000 need any help or risk advice do you?

I don't know if gambled is more fitting than invested

 

[Sound]

I don't know if gambled is more fitting than invested

Buying a house is a gamble buying shares is a gamble...

 

[Sound]

What makes me laugh is people who don't own and never will own Bitcoins telling people what to do with their Bitcoins that have gone up from $200 to $20,000

The same people are the ones who don't like change and think Brexit was the end of the world and that no one can make money from domains if the brought them after 1979...

 

[RobM]

Oh can you still buy bitcoins for $200? Obviously then anyone entering the market today is taking no risk. Well done for missing the point completely.

 

[Sound]

Oh can you still buy bitcoins for $200? Obviously then anyone entering the market today is taking no risk. Well done for missing the point completely.

read the start of this thread

 

[RobM]

We are now on page 32 and talking about people entering the market at current values. Try to keep up.

 

[websaway]

A Ponzi scheme is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading. Operators of Ponzi schemes can be either individuals or corporations, and grab the attention of new investors by offering short-term returns that are either abnormally high or unusually consistent.
Ponzi schemes rely on a constant flow of new investments to continue to provide returns to older investors. When this flow runs out, the scheme falls apart

 

[Admin]

A Ponzi scheme is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading. Operators of Ponzi schemes can be either individuals or corporations, and grab the attention of new investors by offering short-term returns that are either abnormally high or unusually consistent.
Ponzi schemes rely on a constant flow of new investments to continue to provide returns to older investors. When this flow runs out, the scheme falls apart

That was a random copy and paste without a comment attached?

 

[woffer]

Risk takers can win big. On the opposite side they can also blow the lot and never make another penny. Hindsight is a wonderful thing but judging by the way you speak I can only assume you set up an online book shop earlier than most, or sent the first email. Have an opinion but don't preach. I didn't invest in bitcoin, I am not risk adverse, all successful people do not take huge risks. What is success, are you successful? Shall we judge your success against others? Pull your flies back up and stop pretending like your dangling a monster and set up some multinational by the age of 10.

Just my opinion

The Cautious "bystanders" always wish they had after the Fact, Risk Takers Win big, Bitcoin\Risky investments is for the guys who wear the big pants were the big boys play, never attach yourself emotionally to an investment, entrepreneurial philosophy. For those who are skeptical keep watching and let those with teeth in the game ride the storm. Nothing is a sure thing all successful men take huge risks the cautions keep dreaming nothing is a sure thing in life but death. Invest now no brainer or watch history pass you by if you are only interested in the next bowl of soup then this is no playground for you. My opinion only.

 

[Coolbreeze]

Depends how much you have to invest

£10,000 might be a weeks disposable income for one person and the life savings of another; totally different levels of risk

If you don't have a lot of money, you should only invest in backing yourself, not speculative stuff out of your control.

We Agree on that is not for everyone.

Risk comes from not knowing what you're doing.

Warren Buffet.

I prefer

"In the business world, the rearview mirror is always clearer than the windshield."

Warren Buffet.

 

[Coolbreeze]

Risk takers can win big. On the opposite side they can also blow the lot and never make another penny. Hindsight is a wonderful thing but judging by the way you speak I can only assume you set up an online book shop earlier than most, or sent the first email. Have an opinion but don't preach. I didn't invest in bitcoin, I am not risk adverse, all successful people do not take huge risks. What is success, are you successful? Shall we judge your success against others? Pull your flies back up and stop pretending like your dangling a monster and set up some multinational by the age of 10.

Just my opinion

Woffer I agree Risk takers win Big, I don't even know who you mate, try not to take my view too personal. I try not to get into personal exchanges on forums especially

not knowing who is on the other end. Great opening

up about why you did not invest but you do not have to explain yourself to me.

In my experience, yet to meet or read about a great business mind who never took a huge risk, tell stories of risky ventures
or took bad decisions everything is a risk and people lose it all through various reasons in life.

I'm not a Bill Gates, I don’t play in children's playgrounds also not on here to measure shoe sizes, ties , dresses or interested in boosting my ego I am comfortable where I'm at so if you need to blow of some steam I suggest you do it offline I won’t bite and engage in a slug match to make you feel better. Best of Luck. Wish you a Great New Year.