• 1 Bitcoin Is Now Worth More Than An Ounce Of Gold
    47 replies, posted
[QUOTE=Crumpet;51905008]I lost a harddrive with ~25BTC on it a fair few years ago when they were worth a few dollars each. Every time this happens I cry a little.[/QUOTE] Same m8, I used to mine them on my brother's computer while he was away but gave up because I was getting, at the time, fuck all.
[QUOTE=Chamango;51903711]Realistically, even if people in this thread did have the foresight to get bitcoins, they would have sold them off long before they reached this price, considering its instability and how many times people predicted the bubble to burst already.[/QUOTE] Pretty much this, I bought a few coins at around 470 and sold them all in the 900's a few years back. Sooo if a certain someone on FP still has their original amount of coins they can cash out to 14 million USD @ 1290 per BTC.
Somewhere in my house there is theoretically a thumb drive with 7 bitcoins on it and I haven't been able to find it in years
I lost my wallet when I reformatted my computer. I totally forgot about the 100 odd coins I had in there until it got big in 2013.
I have so much crap on my HDD's that I believe there is a bitcoin wallet somewhere in there from the time when bitcoin cost nothing. But I'm pretty sure I have never run bitcoin client long enough to generate any bitcoins. Every news article like this one makes me search my HDD contents like crazy in hope that I will find that wallet and there is at least something in it.:cry:
Man I should've invested in bitcoin when they first appeared. I would've been a rich man. I'm dumb
[QUOTE=Exploders;51905455]Man I should've invested in bitcoin when they first appeared. I would've been a rich man. I'm dumb[/QUOTE] To your credit, there's no way anyone could've known. Hell, the first time it was used to "pay" for something, it was pizza. :v:
[QUOTE=snookypookums;51905504]To your credit, there's no way anyone could've known. Hell, the first time it was used to "pay" for something, it was pizza. :v:[/QUOTE] For 10,000 of them too, ouch.
[QUOTE=Crumpet;51905531]For 10,000 of them too, ouch.[/QUOTE] Gotta remember though, at that time, everyone had tonnes of them and were throwing them around like they had little to no value because that's exactly what they had, little to no value. Its only because now with it being pointless to even attempt to mine new coins, the value has gone up as well with support of more official forms of exchange, actual banks supporting bitcoin caused the value to go up and likely will keep going up for while. Bitcoin is theoretically infinite but no one is going bother mining them all the time so it ends up with a situation of where there is a finite amount of them, supply and demand then comes into play and its like any other currency in the world.
Is the general consensus that they always crash not long after a milestone (like this one) has been reached? Also how is the true internet currency, doge coin doing anyway?
I like to imagine there's a modern equivalent of a gold panner out there somewhere, feverishly finding and scanning as many used hard drives as they can find just in case one of them has a bitcoin wallet.
The real gold these days is investing in one of the new startup "Alt Coins" that are all the rage since bitcoin is just too expensive. They are 95% risk but theres some decent candidates out there and others have rocketed in price in the past. One I'm currently invested in is called STRATIS. It's essentially revolutionizing the way bitcoin works and has some high profile devs onboard. Well worth taking a look at since they are at this time worth about $0.10 each. Theres constant good news and developments being made so surely it cant stay so low forever. [url]https://coinmarketcap.com/currencies/stratis/#charts[/url] [url]https://bitcointalk.org/index.php?topic=1512202.0[/url] [url]https://stratisplatform.com/[/url] For all of you that are sad about not having the foresight about bitcoin and have a bit of spare cash, its definitely worth having a look at one of these.
[QUOTE=orcywoo6;51906158]The real gold these days is investing in one of the new startup "Alt Coins" that are all the rage since bitcoin is just too expensive. They are 95% risk but theres some decent candidates out there and others have rocketed in price in the past. One I'm currently invested in is called STRATIS. It's essentially revolutionizing the way bitcoin works and has some high profile devs onboard. Well worth taking a look at since they are at this time worth about $0.10 each. Theres constant good news and developments being made so surely it cant stay so low forever. [url]https://coinmarketcap.com/currencies/stratis/#charts[/url] [url]https://bitcointalk.org/index.php?topic=1512202.0[/url] [url]https://stratisplatform.com/[/url] For all of you that are sad about not having the foresight about bitcoin and have a bit of spare cash, its definitely worth having a look at one of these.[/QUOTE] Have any other coins seen success though? And how do you buy these, where are the market makers
[QUOTE=Trogdon;51906424]Have any other coins seen success though? And how do you buy these, where are the market makers[/QUOTE] Yes there's been plenty of successes such as Etherum (now about $12) and Dash which is currently around $50. Each one of these were mere cents not that long ago. These coins are on some of the large bitcoin exchanges such as bittrex and poloniex.
Back when bitcoin was still extremely cheap I was on the verge of spending ~4K USD on it. I thought it had potential and that it would almost certainly pay off greatly further down the road. Then I decided that risk-capitalism was not for me and that I'd no idea that I was doing and would just waste a massive amount of money for nothing. If I'd actually done it and had been smart about it I would've been drowning in money right now
Joke's on you I'll earn my millions instead
How do you even buy Bitcoins?
[QUOTE=TheNerdPest14;51908021]How do you even buy Bitcoins?[/QUOTE] From an exchange or person. I forgot there are BTC ATM's out there.
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