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  #1841  
Old 10-09-2017, 08:10 AM
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ExiledStirling ExiledStirling is offline
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Originally Posted by Dave View Post
Only children would come on internet and suggest beating someone up for 20 quid
So what is the going rate?
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  #1842  
Old 10-09-2017, 08:16 AM
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Going rate is 4200 , peaked just under $5000 this month
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  #1843  
Old 10-09-2017, 08:24 AM
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Originally Posted by Cpfcbob View Post
Going rate is 4200 , peaked just under $5000 this month
At that rate surely it must involve broken limbs?
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  #1844  
Old 10-09-2017, 08:34 AM
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Originally Posted by dave_who_ru View Post
Whilst I am not in this syndicate, I thought I would do a similar summary to the one I did on the Litecoin thread:

1. 31 members in syndicate paying 20 each (page 16)
2. 17 April 2013 buys BTC10.96012127 (equiv. $944.64 / 619.79)
3. Russ traded in and out of this several times
4. 7 May 2013 syndicate owned BTC12.21875960 (page 53)
5. 13 May 2013 Russ confirms this amount is still held (page 56)

Based on today's price of $400 these are worth $4,887 / 3,000 if still held.

Trawling through the thread the aim at one time was to sell at $160 so I doubt somehow that the syndicate still holds any BTC.
Found this old post of mine. Can't remember if anyone contradicted the calculations at the time or whether someone has done a more recent one.

So a tenfold increase since then.
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  #1845  
Old 10-09-2017, 11:14 AM
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Originally Posted by Spindle View Post
Are you Russ with a new ID?
Obviously you are since you only joined a couple of months ago. It's very easy to buy Bitcoin now anyway.
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  #1846  
Old 15-09-2017, 07:41 AM
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And now it's crashing because China are crushing it apparently. Plummeted in the last 2 days.
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  #1847  
Old 15-09-2017, 08:30 AM
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Quote:
Originally Posted by Stinger1 View Post
Obviously you are since you only joined a couple of months ago. It's very easy to buy Bitcoin now anyway.
Is it? How? It seems the bitcoin investment trust is simplest way but that trades a huge premium over bitcoin price
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  #1848  
Old 15-09-2017, 10:10 PM
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Quote:
Originally Posted by disco mixx kidd View Post
Is it? How? It seems the bitcoin investment trust is simplest way but that trades a huge premium over bitcoin price
There are plenty of brokers like Coinbase to buy Bitcoin from although at the moment they charge 4% on card payments. The cheapest way to buy it is to buy the CFD from PLUS 500. It depends if you want to own Bitcoin or convert it into other Cryptocurrencies.
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  #1849  
Old 16-09-2017, 07:36 PM
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Cheers
Really want the investment trust but not paying hefty premium
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  #1850  
Old 12-10-2017, 08:52 PM
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Bumped into Russ today , must say his shiny Ferrari looks the biz. Bitcoins at over 5000usd now.
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  #1851  
Old 12-10-2017, 08:56 PM
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Dutch tulips spring to mind
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  #1852  
Old 13-10-2017, 10:16 AM
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Bumped into Russ today , must say his shiny Ferrari looks the biz. Bitcoins at over 5000usd now.
Has he changed his name?

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  #1853  
Old 14-10-2017, 08:34 AM
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Up to $5600 now with alt coins doing well too. I think it's more a sign of how much money there is floating around now. Wish I'd have bought something - almost bought some Litecoin via Russ just before he disappeared.
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  #1854  
Old 20-10-2017, 10:05 PM
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Hit $6,000 today.
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  #1855  
Old 01-11-2017, 11:18 PM
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Quote:
Originally Posted by beef View Post
Up to $5600 now with alt coins doing well too. I think it's more a sign of how much money there is floating around now. Wish I'd have bought something - almost bought some Litecoin via Russ just before he disappeared.
I did

Just checked and the price has gone from $4 in March to $54. We definitely missed the boat although I would have probably jumped ship a couple of months ago given the returns. Gutsy call to buy at these levels.
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Last edited by dave_who_ru; 01-11-2017 at 11:23 PM.
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  #1856  
Old 02-11-2017, 05:34 AM
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What's this split coming up?
Bitcoin x2?
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  #1857  
Old 07-11-2017, 08:46 PM
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Quote:
Originally Posted by disco mixx kidd View Post
What's this split coming up?
Bitcoin x2?
SegWit2X is the proposed fork of Bitcoin, to upgrade the block size to 2mb. The fork is scheduled to occur at block height 494784 (around November 16). As this is a contentious hard fork, Bitcoin will most likely split in two after this block, with Bitcoin (BTC) and SegWit2X (B2X) emerging.

It's different to SegWit1 which saw us get free bitcoin cash as this time SegWit2X will not implement replay protection, there are certain steps you need to take before you can use both BTC & B2X safely.
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  #1858  
Old 07-11-2017, 08:49 PM
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Originally Posted by Cpfcbob View Post
Going rate is 4200 , peaked just under $5000 this month
less than 2 months later its up to $7000 and peaked couple days ago over $7500
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  #1859  
Old 07-11-2017, 10:47 PM
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Quote:
Originally Posted by Cpfcbob View Post
SegWit2X is the proposed fork of Bitcoin, to upgrade the block size to 2mb. The fork is scheduled to occur at block height 494784 (around November 16). As this is a contentious hard fork, Bitcoin will most likely split in two after this block, with Bitcoin (BTC) and SegWit2X (B2X) emerging.

It's different to SegWit1 which saw us get free bitcoin cash as this time SegWit2X will not implement replay protection, there are certain steps you need to take before you can use both BTC & B2X safely.
Thnx Bob,man that sounds complicated
Are you gonna get some?
You think BTC price will drop after this?
Wasn't there a fork just recently?
Why are they doing this?
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  #1860  
Old 07-11-2017, 11:00 PM
CamberleyEagle CamberleyEagle is offline
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Thanks for trying but I didn't understand a single word of that.

It's a no from me. I'm too thick to bitcoin

Quote:
Originally Posted by Cpfcbob View Post
SegWit2X is the proposed fork of Bitcoin, to upgrade the block size to 2mb. The fork is scheduled to occur at block height 494784 (around November 16). As this is a contentious hard fork, Bitcoin will most likely split in two after this block, with Bitcoin (BTC) and SegWit2X (B2X) emerging.

It's different to SegWit1 which saw us get free bitcoin cash as this time SegWit2X will not implement replay protection, there are certain steps you need to take before you can use both BTC & B2X safely.
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