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Post by JonesInAMillion on Feb 5, 2018 22:03:14 GMT
Anyone dabbled? Not really sure what the fuck it is to be honest (I'm a bit of a technophobe) but considered buying some 3 - 4 years back before it was a big thing... the fact that I get some electronic vapour for my hard earned put me right off TBH. Saw it rocket to £12k and now its lost over 50% of its value in a month (down 11% just today). Anyone have any insight? I'm thinking if i'm going to get in, its now or never! www.bullionbypost.co.uk/bitcoin-price/month/ounces/GBP/ |
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Post by KernowS on Feb 5, 2018 22:35:28 GMT
Seems to me to be a recipe for disaster, except for those that rule it
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Post by JonesInAMillion on Feb 5, 2018 22:46:56 GMT
Seems to me to be a recipe for disaster, except for those that rule it Seems its not owned by anyone... unless its an elaborate scam. |
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Post by KernowS on Feb 5, 2018 22:52:33 GMT
Sorry, I should have said "the one/those that created it"
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Post by Time4aPINT on Feb 5, 2018 23:22:40 GMT
Not an expert (I know fuck all) but you used to be able to 'mine' for Bitcoins by allowing others to use the processing power and spare memory of your computer. Now there are multi million dollar companies with shit loads of servers doing the mining.
Bitcoin is now basically a currency for sale like Pounds, Dollars, Euros, Monkey's foreskins etc..
It would be a gamble investing your hard earned cash in Bitcoin. It could make a shit-ton of cash in the space of a few months or Bitcoin could go belly up and leave you with nothing.
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Post by Time4aPINT on Feb 5, 2018 23:29:00 GMT
£4788.80 = 1 Bitcoin (according to Google) at the moment.
Not sure if you can buy a quarter if a bitcoin but I think I'll give it a miss
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Post by Campervan Von Bigglesworth on Feb 6, 2018 7:51:38 GMT
I would double down on monkeys foreskins if I were you
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Post by JonesInAMillion on Feb 6, 2018 20:15:06 GMT
£4788.80 = 1 Bitcoin (according to Google) at the moment. Not sure if you can buy a quarter if a bitcoin but I think I'll give it a miss only a couple of month ago it was £11k+ for one, a few years back fifty quid! I think the lowest denomination bitcoin is 8 decimal places of one bitcoin whatever the fuck that is. |
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Post by Campervan Von Bigglesworth on Feb 6, 2018 23:08:39 GMT
Remember "Mickeys Monkey Spunk Moped" in Viz? He found it useless in the end and traded it in for a car that ran on leopards fanny batter. If that's not an allegory for bitcoin I don't know what is!
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Post by Northy on Feb 7, 2018 8:11:26 GMT
Not an expert (I know fuck all) but you used to be able to 'mine' for Bitcoins by allowing others to use the processing power and spare memory of your computer. Now there are multi million dollar companies with shit loads of servers doing the mining. Bitcoin is now basically a currency for sale like Pounds, Dollars, Euros, Monkey's foreskins etc.. It would be a gamble investing your hard earned cash in Bitcoin. It could make a shit-ton of cash in the space of a few months or Bitcoin could go belly up and leave you with nothing. Ive got 3 PC's on site in Belfast that run the plant, they are now infected with a crypto miner malware, had to get the engineers to disconnect them yesterday and bring in security to monitor alarms etc. becuase IT security couldn't shift them, the bastards. They run on XP and I requested 3 replacements last year and finance turned it down, that'll teach the fookers, gonna cost more in extra security plus 3 new PC's now ! |
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bitcoin
Feb 7, 2018 15:17:20 GMT
via mobile
Post by happycarrot on Feb 7, 2018 15:17:20 GMT
I have no idea what this thread is about apart from the Viz comment
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bitcoin
Feb 9, 2018 18:49:38 GMT
via mobile
Post by RickyFullerBeer on Feb 9, 2018 18:49:38 GMT
No doubt the Chinese will be behind it. Those damn Chinese.
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Post by JonesInAMillion on Feb 10, 2018 0:25:37 GMT
up nearly £400 per bitcoin just today... easiest £400 you'll ever make if you are willing to trade it?
looks to be the same as precious metals in fluctuations i.e. people look for another "currency" when the stock markets / dollar takes a twatting.
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Post by happycarrot on Feb 10, 2018 1:22:35 GMT
No doubt the Chinese will be behind it. Those damn Chinese. Great bunch of lads though |
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Post by Time4aPINT on Feb 10, 2018 12:36:50 GMT
up nearly £400 per bitcoin just today... easiest £400 you'll ever make if you are willing to trade it? looks to be the same as precious metals in fluctuations i.e. people look for another "currency" when the stock markets / dollar takes a twatting. Easy money if you are willing to take a massive risk. Pounds, Dollars etc. are a boring but safe investment. Even if their value crashes they will still have some worth but if Bitcoin crashes who knows what will happen. Will it just cease to exist? Also there are other cyber currencies out there to rival it. If you have some spare cash that wont be a disaster if you lose it then why not take a gamble on Bitcoin. But it is a gamble rather than investment due to the level of risk. This time next year you will be rich. You can change your name to Jones is a Millionaire. Or if things go bad your name could be.... Jones, handjobs for a fiver! |
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Post by Time4aPINT on Jan 25, 2019 23:01:52 GMT
Wonder if Jonesy ever made his millions.
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bitcoin
Jan 26, 2019 9:40:06 GMT
via mobile
Post by happycarrot on Jan 26, 2019 9:40:06 GMT
I saw him buying Ferrero Rocher so I guess he did
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Post by Northy on Jan 28, 2019 9:18:13 GMT
he's stopped living in shit hotels, or just stopped living ...
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