View Full Version : Bitcoin/alt coins


cheferson
12-10-2013, 05:52 PM
Anyone else here into them? It's really hard to wrap your head around at first. That's until you see the returns ! Crazy!!!! I suggest ya all at least get one !

Nebe
12-10-2013, 07:22 PM
Big gains are over. It's dropped 30%
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cheferson
12-10-2013, 08:26 PM
Heh, $125 return in 24 hrs if you bought at yesterday's low ..... Chump change . Look what quark coin did recently or no bs , sex coin !
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WESTPORTMAFIA
12-11-2013, 12:22 PM
I cant find qrk anywhere. Where do you watch it?

Redsoxticket
12-11-2013, 12:44 PM
Anyone else here into them? It's really hard to wrap your head around at first. That's until you see the returns ! Crazy!!!! I suggest ya all at least get one !

I'm not taking the risk of cracking any teeth.
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Posted from my iPhone/Mobile device

The Dad Fisherman
12-11-2013, 01:19 PM
I cant find qrk anywhere. Where do you watch it?

You can get it on DVD...

http://www.tvshowsondvd.com/graphics/news3/Quark_Complete_final.jpg

cheferson
12-11-2013, 04:43 PM
Quark is on a few alt coin exchanges , even ppl slinging them on eBay . I'll be back next year to say " I told ya so !" Just like a friend did to me recently . He tried to get me in 12 months ago ( sub $20) , I hesitated .......

https://www.secondmarket.com
here comes wall streets bags of money to throw in
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cheferson
12-11-2013, 04:55 PM
Not suggesting anyone toss in their retirement , but definitely worth tossing in a few bucks.... Or maybe your retirement if ya got sac!

Like I said , it's hard at first to wrap your head around . The mining network has more power then something like 64x the top 500 super computers combined ! People spending 10 to 20 k , just to pre order miners! http://www.businessinsider.com/most-powerful-bitcoin-miner-knc-jupiter-2013-12
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Swimmer
12-11-2013, 06:31 PM
Ask the Swansea Police about bitcoins, they paid a ransom to a hacker to get their records back in bitcoins. No chit.
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cheferson
01-06-2014, 12:37 PM
Christmas drop to 420 , now back up to 1000! Cha Ching ! Gonna blow up this year! 10k !! Adoption is growing by the day !
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ThrowingTimber
01-06-2014, 01:30 PM
you can buy some of the credit cards stolen from target using bitcoin.

cheferson
01-06-2014, 03:38 PM
http://www.forbes.com/sites/andygreenberg/2013/11/18/meet-the-assassination-market-creator-whos-crowdfunding-murder-with-bitcoins/ or you could use them here if ya don't like Bernanke or obambu . Really gonna take off once overstock.com gets there bitcoin payment up and running .
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Swimmer
01-07-2014, 10:51 AM
Most investors in on the bitcoin saga will end up losing thier shirt, its a modern day Ponzi
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spence
01-07-2014, 11:05 AM
I give it 6 months before you see low double digits.

-spence

PaulS
01-07-2014, 11:33 AM
Last investor in on the bitcoin saga will end up losing thier shirt, its a modern day Ponzi
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I would change your quote to "Most investors.........."

cheferson
01-07-2014, 05:31 PM
I give it 6 months before you see low double digits.

-spence

Ill bet ya a nib vs200 that your wrong....
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Nebe
01-07-2014, 06:03 PM
Chef, i hope you have a diversified portfolio.. Yes, invest in your high risk stocks, which will give you your thrills, but i hope you got some slow growth safe stuff as well… Don't forget about all of those guys that jumped out of windows in '28 when they lost it all……

spence
01-07-2014, 06:15 PM
Ill bet ya a nib vs200 that your wrong....
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I would if I really cared. I think this an innovative fad for the most part. Currency needs stability and its going to be 10 plus years before there's enough buy in.

Why a VS200? Got one sitting on your desk? ;)
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Nebe
01-07-2014, 07:00 PM
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cheferson
01-07-2014, 09:27 PM
Heh , cared enough to chip in your 2 cents . Spence i do have one sitting here , but it was made in the states . If I lost , I'd buy ya a made in China :)

No worries nebe ! This is all play money , I cashed out my initial investment long ago .
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spence
02-28-2014, 07:33 AM
MtGox burns down. It's happening...

buckman
02-28-2014, 08:45 AM
I would if I really cared. I think this an innovative fad for the most part. Currency needs stability and its going to be 10 plus years before there's enough buy in.

Why a VS200? Got one sitting on your desk? ;)
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It's just a matter time before it's federally regulated and taxed. The government will screw it up. But I do believe it will be around for a while
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GattaFish
02-28-2014, 10:43 AM
I rather invest in a Colorado pot farm.
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BMEUPSCOTTY
02-28-2014, 11:04 AM
You can get it on DVD...

http://www.tvshowsondvd.com/graphics/news3/Quark_Complete_final.jpg

OMG... We based the design of our couch forts on the interior of the ship on that show.
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spence
02-28-2014, 12:07 PM
It's just a matter time before it's federally regulated and taxed. The government will screw it up. But I do believe it will be around for a while
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I don't see how the feds could regulate it, unless Congress made it illegal. We will likely see some digital currency legislation very soon...

-spence

Swimmer
02-28-2014, 01:19 PM
No one has mentioned the theft, or should I say alledged mismanagement or potential theft of 720,000 bitcoins from its central treasury here yet. Anyone?
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Fly Rod
02-28-2014, 01:59 PM
Most investors in on the bitcoin saga will end up losing thier shirt, its a modern day Ponzi
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Agreed

read something about this last week in Japan and now bankruptycy


http://www.nydailynews.com/news/world/mt-gox-bitcoin-exchange-bankrupt-850-000-bitcoins-worth-hundreds-millions-missing-ceo-article-1.1705005

ThrowingTimber
02-28-2014, 04:03 PM
We need an image of the Nelson from the Simpsons for this one...

HA HA!

Nebe
02-28-2014, 05:59 PM
LoL
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cheferson
02-28-2014, 07:04 PM
Mtgox has been done for along time. Look at this guy , would you trust him with your money ?
http://thegenesisblock.com/an-analysis-of-the-interview-with-mark-karpeles-ceo-of-mt-gox/
I'm loving it though ! Loads of profit with all the swings and FUD with mtgox .

Bitcoins are not going anywhere anytime soon . Secondmarket is rushing its plans to get an exchange going http://finance.fortune.cnn.com/2014/02/25/secondmarket-bitcoin-exchange/ , coinbase has created its millionth wallet . 1st bitcoin ATM in USA at Boston's south station http://finance.fortune.cnn.com/2014/02/25/secondmarket-bitcoin-exchange/

Gattafish , how about investing in both .....
http://potcoin.info
Hah

Spence , offer still stands ....
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Fly Rod
03-01-2014, 10:52 AM
I will put my money in the stock market...:)

nightfighter
03-01-2014, 02:12 PM
I have been interested enough to invest easily at least 20 hours into reading and research on this crypto, digital currency. Every time I think I may be getting onboard with throwing a small amount of USD at it, I read something that turns me away, usually by uncovering a further lack of protection from something that can override the software so that I can not access bitcoins in "my" electronic wallet. While I understand the difference from being a virtual currency, it is still close enough to be of the same cloth. And virtual is not real. Some smart people will do well, while some smart people will lose it all. Too illiquid from an investment point. Not enough true investors (mutual funds, PMs, or banks) involved to have liquidity. They aren't able to invest in bitcoin. Even hedge funds wouldn't invest to any meaningful degree. It just isn't ready to play in the big leagues due to not having enough development in protection, liquidity, regulation, or acceptance.
I am doing fine with my returns this year utilizing classical economics training and analytics from twenty years as a financial advisor in my previous life......

ThrowingTimber
03-02-2014, 12:07 PM
I pillaged like a drunk viking in 2008 when everything went to #^&#^&#^&#^& :)

nightfighter
03-05-2014, 08:11 AM
Seems the problem is holding onto your Bitcoins.....
Flexcoin, an electronic wallet provider, or bank for bitcoin, was hacked and robbed of over $500,000 of bitcoins from its own account..... Flexcoin also ceased its operations this morning.

Personally, there isn't enough upside in the world for me to invest in something that can be stolen from me in so many ways before I know what has happened.....

cheferson
03-05-2014, 09:15 AM
http://www.dailymail.co.uk/sciencetech/article-2537106/Worlds-insured-Bitcoin-storage-service-launches-currency-battles-series-major-security-breaches.html

Or cold storage , paper wallet or a comp not hooked up to the internet




http://online.wsj.com/news/articles/SB10001424052702304815004579418962232488216?mg=ren o64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB1000 1424052702304815004579418962232488216.html

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cheferson
03-10-2014, 10:52 AM
http://www.reddit.com/r/Bitcoin/comments/1zzzq0/ponzicoin_operator_steals_money_investors_get/

Here ya go TT , ponzicoin ! Hilarious reading about the people who lost money !
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JohnR
03-10-2014, 03:21 PM
You can get it on DVD...



OMG... We based the design of our couch forts on the interior of the ship on that show.
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You know a show is good when the entire series fits on one VHS tape or DVD.

The Dad Fisherman
03-10-2014, 08:08 PM
You know a show is good when the entire series fits on one VHS tape or DVD.

You better check that attitude when you talk to the legions of "Firefly" fans......:hihi:
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spence
03-25-2014, 01:54 PM
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHA

http://www.businessinsider.com/irs-bitcoin-is-property-not-currency-full-release-2014-3

GattaFish
03-25-2014, 03:53 PM
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHA

http://www.businessinsider.com/irs-bitcoin-is-property-not-currency-full-release-2014-3

Enjoy the tax season bit coin peeps. Lol
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Nebe
03-25-2014, 04:22 PM
LOL
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Nebe
03-25-2014, 04:23 PM
If it's too good to be true, then it probably is.
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PaulS
03-25-2014, 07:32 PM
If you use bitcoins to buy drugs on silkroad what is your tax liability?

Piscator
03-25-2014, 08:37 PM
I'm not into bit coins at all but leave it to the IRS to tax something that is fictitious..
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spence
03-25-2014, 09:19 PM
I'm not into bit coins at all but leave it to the IRS to tax something that is fictitious..
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Any less fictitious as the housing market?

-spence

Piscator
03-25-2014, 10:23 PM
Any less fictitious as the housing market?

-spence

You can see and touch a house
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detbuch
03-25-2014, 11:01 PM
Any less fictitious as the housing market?

-spence

And fictitious inflation rates. Fictitious unemployment rates. Fictitious campaign promises. Fictitious reasons for regulations. Fictitious differences between fictitious politicians creating fictitious government granting fictitious rights. In many respects, fictitious lives. We are living in an age of the grand fiction. One of the few things human we count on being real is our sports. Sort of.

It's got to be a beyotch calculating the value of the bit coin at the time of purchase or sale since it's value fluctuates so violently. Do you think this is an attempt to get rid of it?

cheferson
12-15-2017, 05:30 PM
I give it 6 months before you see low double digits.

-spence

:shake:

I called 10k that year lol , maybe it took 4 more but hey its almost 20k now