| |  | |
| vogeltron | 07-31-2015 05:50 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by unkown5454
(Post 688608)
That's everyone's goto argument. Except, it also answers its own question. Only a fraction of nerds on the internet "believe" BTC is worth anything right now unlike USD, EUR, AUD, CAD, GBP, etc. It's barely one step above gamers selling WoW characters to each other. Is there profit to be made? Sure. But, that doesn't mean it's a legit currency.
| I like Bitcoin for the technology and safety vs the US dollar. When Janet Yellen announces in a few months the US economy is too weak to raise interest rates instead they will be doing more Quantitative easing. Well I will be thankful. People who poo poo Cyrpto are the same who said no one would ever use email, no one would ever put their credit card on the internet to buy things, etc. I am very comfortable with Bitcoin in its current range. 5 to 10x fold within three years in my opinion, because of too much drama with everybody's mamma across the globe. |
| epincard | 08-06-2015 09:21 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by yankee
(Post 686553)
can we safely transfer paypal funds to bitcoin?
| Yes you can. I sent PM to you with link. |
| Klemantina | 09-17-2015 05:22 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by vogeltron
(Post 690824)
I like Bitcoin for the technology and safety vs the US dollar. When Janet Yellen announces in a few months the US economy is too weak to raise interest rates instead they will be doing more Quantitative easing. Well I will be thankful. People who poo poo Cyrpto are the same who said no one would ever use email, no one would ever put their credit card on the internet to buy things, etc. I am very comfortable with Bitcoin in its current range. 5 to 10x fold within three years in my opinion, because of too much drama with everybody's mamma across the globe.
| Couple of hours ago they did not raise the interest rates but eventually they will :)
Can anyone share how much they lose/win on average when they withdraw from PP to BTC? what kind of tools do I need to use to be safe using that method? |
| elusive1 | 01-13-2016 05:10 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by danshan
(Post 688598)
do not ever accept paypal for payment for cryptos EVER. I used advanced screening software and still have about a 20 percent fraud rate on crypto for paypal. This stuff takes a serious business plan that includes big losses. some cool stuff to look at is cryptothrift.com and localbitcoins.com both are vital to the BTC world. Any questions anyone has just ask me.
| I use Bitify (Cryptothrift), only buying paypal from people with 500+ positives. Is there a way to stop reversals months later on Paypal?
Do person to person transfers allow reversals the same as business transactions? |
| vogeltron | 01-15-2016 07:20 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Thanks for reviving the thread. Bitcoin sitting at $420+ is much higher than 5-6 months ago with our posts. |
| JamesNorth101 | 01-15-2016 07:37 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by elusive1
(Post 737424)
I use Bitify (Cryptothrift), only buying paypal from people with 500+ positives. Is there a way to stop reversals months later on Paypal?
Do person to person transfers allow reversals the same as business transactions?
| If someone sends you money via PayPal for BTC there is no way to stop them trying to reverse the transaction if they want to
That is the risk you take selling people BTC via PayPal |
| pimpin624 | 01-20-2016 02:28 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Do not use paypal to buy bitcoins! |
| JamesNorth101 | 01-20-2016 03:09 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
You can buy them indirectly though via PayPal without too much issue |
| eduardwick | 01-31-2016 08:06 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by JamesNorth101
(Post 740039)
You can buy them indirectly through via PayPal without too much issue
| How? Can you mention such site? |
| Nookin | 04-06-2016 02:28 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
I think crypto-currencies like bitcoin and Paypal will be a huge component in the future of money as we know it |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Paypal has a crypto currency? |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
No PP does not as yet |
| aspkin | 04-07-2016 10:19 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by vogeltron
(Post 686459)
Just curious I think the technology is amazing. Hard to say what will happen with fintech.
| Personally, I LOVE Bitcoin.
It's cheap, safe and easy to use.. what's not to love? |
| JamesNorth101 | 04-07-2016 10:31 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by Nookin
(Post 760795)
I think crypto-currencies like bitcoin and Paypal will be a huge component in the future of money as we know it
| PayPal is an online wallet that uses government issued currencies.
This is different to a crypto-currency which is a created when algorithms are solved. Crypto-currency are also not government backed which means they are do suffer from pretty mad inflation and deflation sometimes when compared to say the £ or $ |
| bjammin | 04-07-2016 10:35 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Something I think is interesting is that is has been hovering around $410 - $420 for awhile now. I would not be surprised if it takes off like a rocket in one direction or another. Its like a super bouncy ball contained in a small can, just waiting to get out. |
| Ebayorbust | 04-07-2016 10:47 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Agreed. I've found it to be very stable since I started using it around 4 or 5 months ago. The rate has gone between £270 to £305 so fairly settled compared to some of the stories I have heard, lol.
I'm a big fan. :) |
| vogeltron | 04-07-2016 02:53 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by bjammin
(Post 761003)
Something I think is interesting is that is has been hovering around $410 - $420 for awhile now. I would not be surprised if it takes off like a rocket in one direction or another. Its like a super bouncy ball contained in a small can, just waiting to get out.
| They payouts to miners are suppose to be cut in half later in the year. Wouldn't be surprised if that is a catalyst for a higher price. |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Mining still very costly to do? |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by rsot
(Post 761065)
Mining still very costly to do?
| Yeah, you need a small city worth of electricity to make a decent profit lol |
| vogeltron | 04-07-2016 04:04 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by elmo
(Post 761071)
Yeah, you need a small city worth of electricity to make a decent profit lol
| Lots of Bitcoin mining in Iceland. So much Geothermal energy it is cheap to mine. Colder climate helps naturally cool the machines also. |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Yup exactly.
Anyone following Ethereum? Been watching it from the beginning but its a little too expensive to purchase and hold. Waiting for dip/crash before jumping in.
Litecoins looking like a great buy at these prices as well. |
| vogeltron | 04-23-2016 04:22 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Bitcoin going to $500 USD? |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by vogeltron
(Post 761075)
Lots of Bitcoin mining in Iceland. So much Geothermal energy it is cheap to mine. Colder climate helps naturally cool the machines also.
| True point. |
| GreenBean | 04-24-2016 05:09 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by vogeltron
(Post 765135)
Bitcoin going to $500 USD?
| Nice, nice.
Balances against the greenback for me.
:clap: |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Not quite there yet...
http://www.google.ca/search?q=current+bitcoin+value&rlz=1C1VASU_enCA554 CA554&oq=current+bitcoin+value&aqs=chrome..69i57j0 l5.2742j0j7&{google:bookmarkBarPinned}sourceid=chr ome&{google:omniboxStartMarginParameter}ie=UTF-8#q=1 BTC to USD |
| vogeltron | 06-03-2016 03:48 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by vogeltron
(Post 765135)
Bitcoin going to $500 USD?
| Bitcoin is blowing up |
| itemauctions | 06-03-2016 04:41 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Bitcoin is dead |
| yankee | 06-03-2016 04:46 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by itemauctions
(Post 777108)
Bitcoin is dead
| Approaching 100% gain from a year ago. |
| JamesNorth101 | 06-03-2016 04:53 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by itemauctions
(Post 777108)
Bitcoin is dead
| Increasing in price fast for something that is dead :) |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
575.40usd. Wow. |
| evicktd | 06-03-2016 07:49 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Ran into some before the huge spike (2 weeks ago). Looks like China is using BTCs quite a bit *cited from multiple news sources*
I hate going into something that everyone is HOT on, but it does seem like not everyone is 100% sold on it, so it should still be viable for the next coming years.
When BTC was at $8, I had the chance to grab 25 of them for some "in game merchandise". Unfortunately, I didn't have the patience or knowhow to jump on the deal at the time. Man what a flip that would've been. |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
There was some spike in 2014 where it was over 1k per bitcoin I recall |
| vogeltron | 06-06-2016 09:38 AM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
I bought in at the $260 level last July. I would think there would a be a pull back at some point but the block chain payout is suppose to be cut in half later in the year. So I have no idea how to play this one. |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
|
| yankee | 06-06-2016 12:21 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by vogeltron
(Post 777721)
I bought in at the $260 level last July. I would think there would a be a pull back at some point but the block chain payout is suppose to be cut in half later in the year. So I have no idea how to play this one.
| I am assuming that you play this the same as a standard stock investment? Or are you using it as currency as well and just running the investment as an upsell to getting paid with bitcoin? |
| aspkin | 06-07-2016 05:23 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Interesting that people are looking at BTC as an investment. To me it's way too unstable for any serious investing. |
| JamesNorth101 | 06-07-2016 05:25 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Its pretty good for option style trading on it you have decent capital |
| vogeltron | 06-12-2016 02:10 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by aspkin
(Post 778044)
Interesting that people are looking at BTC as an investment. To me it's way too unstable for any serious investing.
| With Negative interest rates in most of the world. Massive expansion on Central Bank balance sheets, there is lots of distrust fro FIAT currency. BREXIT, Bank Bail-ins and other factors in play as well.
Bitcoin now trading just under $650. |
| Trustfund | 06-12-2016 05:25 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Bitcoin is up at £475 a btc!!
guessing this is from strong investing on chinas part. Interesting to see where the currency goes from here. |
| GreenBean | 06-12-2016 07:31 PM |
Re: Any Bitcoin or Cyrptocurrency enthusiasts?
Quote:
Originally Posted by itemauctions
(Post 777108)
Bitcoin is dead
| Say what?
LOL. I have quite a bit of bitcoin that suggests otherwise!
:lol: |
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