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Old 07-12-2017, 20:54   #16
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Re: Bitcoin

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Originally Posted by Hom3r View Post
You can for 5,200 :O
Or 11,650 now...less than one month after you posted that


I have no doubt it's a bubble that will burst at some point but with btc's first futures exchange opening business on Monday, it probably has a way to go yet.


Disclaimer: I am not a financial adviser and just a newbie in currency trading so don't buy anything based on what I say, unless it's ice-cream. I know my ice-creaml!
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Old 07-12-2017, 22:25   #17
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Re: Bitcoin

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Originally Posted by Qtx View Post
Or 11,650 now...less than one month after you posted that


I have no doubt it's a bubble that will burst at some point but with btc's first futures exchange opening business on Monday, it probably has a way to go yet.


Disclaimer: I am not a financial adviser and just a newbie in currency trading so don't buy anything based on what I say, unless it's ice-cream. I know my ice-creaml!
It is a bubble and all of them do, it's just a question of when. For every bit-millionaire there'll be a whole lot of losers.
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Old 08-12-2017, 11:12   #18
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Re: Bitcoin

Quote:
Originally Posted by Qtx View Post
Or 11,650 now...less than one month after you posted that


I have no doubt it's a bubble that will burst at some point but with btc's first futures exchange opening business on Monday, it probably has a way to go yet.


Disclaimer: I am not a financial adviser and just a newbie in currency trading so don't buy anything based on what I say, unless it's ice-cream. I know my ice-creaml!
It actually went up to 18,500 for a while yesterday and is now sitting at 16,000.

I am still planning on buying part of 1 coin, just need to sort ID out and link my bank account, hope i haven't left too late.
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Old 09-12-2017, 09:36   #19
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Re: Bitcoin

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Originally Posted by SnoopZ View Post
It actually went up to 18,500 for a while yesterday and is now sitting at 16,000.

I am still planning on buying part of 1 coin, just need to sort ID out and link my bank account, hope i haven't left too late.
Be careful. If you do see a profit it's better to take one (albeit small) than hang on and be forced into accepting a loss, possibly huge.

I'm getting loads of bitcoin related spam and I have no doubt that a great many people who can't really afford to lose money are being sucked into something they're going to regret. Time will tell.
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Last edited by Osem; 09-12-2017 at 09:44.
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Old 09-12-2017, 12:31   #20
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Re: Bitcoin

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Originally Posted by Osem View Post
Be careful. If you do see a profit it's better to take one (albeit small) than hang on and be forced into accepting a loss, possibly huge.

I'm getting loads of bitcoin related spam and I have no doubt that a great many people who can't really afford to lose money are being sucked into something they're going to regret. Time will tell.
Oh when/if i do it i will be careful, it is worth a punt for anyone, even for 500.

Never had any Bitcoin spam, atleast not yet.
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Old 09-12-2017, 12:46   #21
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Re: Bitcoin

I can't see it being too long before the bubble bursts. You may have left it too late for a punt. Just be careful.
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Old 09-12-2017, 13:51   #22
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Re: Bitcoin

Bitcoin value is volatile and a big risk. Everyone is jumping on it because of the massive gains it's had, with a 'get rich quick' mentality. There is the chance it will lose a lot of value and if you don't take it out at the right time, you can make a loss.

LiteCoin (LTC) and Ethereum (ETH) are alternative crypto-currencies which people are investing in which are rising in value, just not at the mad rate of Bicoin. Maybe investing a small amount spare cash in to one of those may be a better option for those new to it, to get a feel of how it all works. They are going up in value at the moment. I know someone who brought just 80 of LTC yesterday and it's value today is 110 to 120. That kind of small investment to start and to monitor is better than dumping in tons of money when it's your first investment IMHO.
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Old 09-12-2017, 13:54   #23
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Re: Bitcoin

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Originally Posted by SnoopZ View Post
Oh when/if i do it i will be careful, it is worth a punt for anyone, even for 500.

Never had any Bitcoin spam, atleast not yet.
Must be a sign of age - mostly bitcoin, bingo and other gambling rubbish (free spins etc...) with a dash of Russian dating thrown in...

It's your choice of course and good luck but that's how pyramid schemes work, lots of small 'investors' get drawn in and lose fairly small amounts (mostly) whilst a few people get very very rich whilst they're thinking up their next money making exploit.
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Old 10-12-2017, 21:50   #24
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Re: Bitcoin

Now testing the waters carefully with BTC as i have just purchased 100 worth of a bitcoin (0.008).
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Old 10-12-2017, 23:01   #25
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Re: Bitcoin

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Originally Posted by SnoopZ View Post
Now testing the waters carefully with BTC as i have just purchased 100 worth of a bitcoin (0.008).
Good luck.
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Old 11-12-2017, 19:02   #26
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Re: Bitcoin

I think I'll give bitcoin a pretty wide berth!
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Old Yesterday, 18:19   #27
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Re: Bitcoin

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Now testing the waters carefully with BTC as i have just purchased 100 worth of a bitcoin (0.008).
Ok i guess i can call my first Bitcoin purchase experiment a success.

6 days ago i bought 100 worth of a Bitcoin from Coinbase.com which included the transaction fee of 3.84.

I have now just sold what i bought for 112.86 after the sale fee of 2.99 was deducted, so i would say a profit of 12.86 13% is not bad for a 6 day experiment.

Kinda wish i had purchased the maximum weekly purchase of 750 now for my experiment, but i guess i can still chip away with small purchases and still make money and if it goes bad it won't be a great loss.
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