meanwhile bitcoin is back to $230

[rootcon]

IMO there are two reasons why bitcoin rose after the silk road bust

1. Silk road's assets were seized by the DEA. This removed them from circulation, making all the bitcoins in existence more valuable.
2. China is using bitcoins. They are accepted as payment by the top search engine and many suppliers.

[SpiderSense]

When will be mine turn to know about stocks, internet, computers?

I just read in another thread how back in the day some guy was stoked to trade what now amounts to 2 million dollars worth of bitcoins for a pizza.

I hope it was a large at least.

[Market_Pantry]

IMO there are two reasons why bitcoin rose after the silk road bust

1. Silk road's assets were seized by the DEA. This removed them from circulation, making all the bitcoins in existence more valuable.
2. China is using bitcoins. They are accepted as payment by the top search engine and many suppliers.

oh **** i did not think about that

[stancel]

it's fluctuating wildly right now lol

[seizehersalad]

holy **** i remember when they were only worth 20 bucks. Fuarkk strong 1000% increasee

[Dawlphinracer]

fuk should've bought some bck then really regret chit like this

[BetaBetch]

In Holland there are now companies that accept bitcoins as payment for ordering food online.. Probably has alot to do with companies recognizing the bitcoin as real value.

[seizehersalad]

finna buy some of tthis **** right now tyrone

[weightsbrah]

Wish I would of listened to my neighbor in college who bought them when they were like a ****ing dollar. Fuarkk.

[lunchbox12]

In Holland there are now companies that accept bitcoins as payment for ordering food online.. Probably has alot to do with companies recognizing the bitcoin as real value.

there was news out the other day that Ebay may start accepting bitcoin as payment

[Bouks]

This is ridiculous and it is bound to crash some time soon ... wtf is happening with this currency?

there was news out the other day that Ebay may start accepting bitcoin as payment

If this happens, I wanna know in advance lol.

[SillyHilly]

Wish I would of listened to my neighbor in college who bought them when they were like a ****ing dollar. Fuarkk.

Bitcoin investor who forgot he bought £17 of the currency checks four years later to find it is worth £551,000

http://www.dailymail.co.uk/news/arti...h-551-000.html

[Tjoobie]

Bought 100 at $10 each.

They have disappeared with an unmentionable site.

Brahs I hope you all realise thats 30k I am missing.

[BrahJamie]

Dafuq, thought it would have gone into freefall after SilkRoad was taken down. Still wouldn't touch any of that chit with a barge pole.

theres a new silkroad up brah. srs

[SpiderSense]

Bought 100 at $10 each.

They have disappeared with an unmentionable site.

Brahs I hope you all realise thats 30k I am missing.

Is that true?

That's another thing I'm reading, a lot of risk.

Can be hacked.

Can be mined (tantamount to printing your own money, albeit very slowly)


That's without the prospect of gov't putting their hands in the cookie jar either, which is a very real possibility.

[weightsbrah]

Bitcoin investor who forgot he bought £17 of the currency checks four years later to find it is worth £551,000

http://www.dailymail.co.uk/news/arti...h-551-000.html

Only thing is getting it out. Sketchy as ****ing getting paid, limits, exchanges closing down, etc.

[Tjoobie]

Is that true?

That's another thing I'm reading, a lot of risk.

Can be hacked.

Can be mined (tantamount to printing your own money, albeit very slowly)


That's without the prospect of gov't putting their hands in the cookie jar either, which is a very real possibility.

Yeah. I was quiet pissed when I saw the price today, i only left them in there because I was too lazy to set up a personal wallet.

Oh well, its only $1000 REAL money anyway so not that bad.

[Bouks]

Bought 100 at $10 each.

They have disappeared with an unmentionable site.

Brahs I hope you all realise thats 30k I am missing.

I don't get it ... how can they just disappear?

[Achilles8]

this thread has my interests





but notsureifsrs @ getting in NOW

[rootcon]

oh **** i did not think about that

$28.5 million seized. But I may be wrong about that being a huge factor. The market capital (all bitcoins in existence) is ~$3.3 billion. So its not much of a percentage.

But Chinese companies adopting it, definitely doesn't hurt the value. I know the company I work for does a lot of business in china, and some of it they pay for in western unions. Seems like bitcoin is taking that market over.

[Bouks]

this thread has my interests





but notsureifsrs @ getting in NOW

Exactly what people were saying @ 150$

What really is going to make you money is having insight and having the balls to do it. Personally, I don't have the balls for the bitcoin. Don't have the knowledge or means to predict when it will collapse.

[REHDyer]

volatile as fuk cuzz

Traders dream, owners nightmare.

[Come at me bro]

Can it be bought in fractional shares?

Is coin base good?

[Tabris]

What really is going to make you money is having insight and having the balls to do it. Personally, I don't have the balls for the bitcoin. Don't have the knowledge or means to predict when it will collapse.

I'd say having balls is the biggest thing now. Every time over the past few years I've seen it go up, I've said to myself "ha, it's going to crash eventually" and it hasn't seemed to have done so yet. I know I still wouldn't have the balls to invest now.

I don't get it ... how can they just disappear?

Lose your password, hard drive crash, he had them stored online; lots of things.

Can be mined (tantamount to printing your own money, albeit very slowly)

IIRC, that's how they're put into circulation anyway. I remember speaking to people in 09/10 who would have entire rigs set up for the sole purpose of bitcoin mining.

[Freek314]

Honestly, I see it going up to about $370-400, but it's going to crash hard when initials cash out and start a panic.

I wouldn't touch it until at least $230, and even then, only if it looks GREAT.


Barring any special news.

[brucewayne1199]

whats a good website to get info on buying selling bitcoins. wanna buy 1 or 2 for some short term profit

[beerbaron105]

Risky imaginary investment

By the time everyone is talking about it, it's too late to invest in it

[Freek314]

Risky imaginary investment

By the time everyone is talking about it, it's too late to invest in it

Don't know about imaginary... technically, excluding debt (EDIT: and military force), Bitcoins have more backing them than USD.

[anonymous]

could make all my money and then some back in LTC right now.... still holding though... lol fawk inb4 crash

EDIT: sold, I'm up $100, pretty happy cause I never thought I'd get my money back lol, might throw some back in if the price goes back down again

[Tuhks]

brb only bitcoin investment was on SR