Home | Forums | Gallery | Twitter
 
CPFC BBS  

Go Back   CPFC BBS » Off Topic » Computers, Gaming and Mobile Forum
Reload this Page bitcoin
Register FAQ Calendar Mark Forums Read

Notices

Computers, Gaming and Mobile Forum All things computer, internet, mobile, tablet and video game related.

Reply
Page 1 of 181 1 23456781151101 Last »
 
Thread Tools
  #1  
Old 09-04-2013, 01:03 AM
IW_Eagle's Avatar
IW_Eagle IW_Eagle is offline
PMA
  
Join Date: Sep 2002
Location: Brisbane (formally Hayling Island)
Posts: 4,405
Rep Power: 1009763
IW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mineIW_Eagle : if all you've got to do today is find peace of mind, come round, you can take a piece of mine
bitcoin
So what is everyones take on bitcoin then?

I am working with a guy who has 'invested' $1000 in them, when they were at $70. Within two weeks that are at around $170.

I was interested in the BBS view and could not find a thread on this already

That is all
__________________
...COME ON EAGLES...
Reply With Quote
  #2  
Old 09-04-2013, 10:36 AM
The Omen's Avatar
The Omen The Omen is offline
'or 0=0'
  
Join Date: Oct 2001
Age: 43
Posts: 41,111
Rep Power: 21474858
The Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is hereThe Omen Sam the man is here
Looks like a way clever people can make money and stupid people can easily lose it.

I would probably put myself in the latter category so best I stay well away!
__________________
"El demonio que hace que los trofeos de los hombres."
Reply With Quote
  #3  
Old 09-04-2013, 12:14 PM
FraserH FraserH is offline
T-T-T-T-Techno Boogie
  
Join Date: Jun 2005
Location: Manchester
Age: 39
Posts: 10,710
Rep Power: 5788928
FraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy diet
Returns can be massive but the market for them is incredibly volatile. The major market exchanges were hit with DDoS attacks last week and it instantly shaved 30% of the price until they rebounded.

The only way I would invest is very short term and get ready to dump as soon as you have made the returns you want.
Reply With Quote
  #4  
Old 09-04-2013, 12:17 PM
Justin Justin is offline
Registered User
  
Join Date: Mar 2000
Posts: 13,648
Rep Power: 3105564
Justin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mine
Avoid like the absolute plague.

I have no doubt within a few years (at most) they will be worthless but haven't a clue how many mugs will pile in first to drive the price higher.
Reply With Quote
  #5  
Old 09-04-2013, 01:13 PM
FraserH FraserH is offline
T-T-T-T-Techno Boogie
  
Join Date: Jun 2005
Location: Manchester
Age: 39
Posts: 10,710
Rep Power: 5788928
FraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy diet
You needed to buy when they were $27 last year and dumped at $170.

They will get higher but as Justin says, a lot of people will end up losing a fortune.
Reply With Quote
  #6  
Old 09-04-2013, 01:16 PM
Dave's Avatar
Dave Dave is offline
Bombay Bad Boy
  
Join Date: Jan 1999
Location: Handsome Boy Modeling School
Age: 50
Posts: 90,051
Rep Power: 21474860
Dave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is here
Huh, they just dropped
__________________
I quite like The Strokes as a comedy group and I very much like theStrokes when their music is mixed up in the bootleg sense with the music of pole dancing pop fiasco Christine Aguilera
Reply With Quote
  #7  
Old 09-04-2013, 01:19 PM
Justin Justin is offline
Registered User
  
Join Date: Mar 2000
Posts: 13,648
Rep Power: 3105564
Justin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mineJustin : if all you've got to do today is find peace of mind, come round, you can take a piece of mine
Quote:
Originally Posted by Dave
Huh, they just dropped
When I talk, the market listens.

I believe the phrase to use at this point is - hope this helps.
Reply With Quote
  #8  
Old 09-04-2013, 01:24 PM
Dave's Avatar
Dave Dave is offline
Bombay Bad Boy
  
Join Date: Jan 1999
Location: Handsome Boy Modeling School
Age: 50
Posts: 90,051
Rep Power: 21474860
Dave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is here
To view the link you have to Register or Login
__________________
I quite like The Strokes as a comedy group and I very much like theStrokes when their music is mixed up in the bootleg sense with the music of pole dancing pop fiasco Christine Aguilera
Reply With Quote
  #9  
Old 09-04-2013, 01:28 PM
BB Bob's Avatar
BB Bob BB Bob is offline
Registered User
  
Join Date: Feb 2003
Location: Leigh-on-Sea
Age: 58
Posts: 4,841
Rep Power: 21474856
BB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is here
I think it is important to understand what it is. Courtesy of Wikipedia:-


Bitcoin (sign: BTC) is a decentralized digital currency[9][10] based on an open-source,[11] peer-to-peer internet protocol. It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009.[12]

Bitcoins can be exchanged through a computer or smartphone locally or internationally without an intermediate financial institution.[13] In trade, one bitcoin is subdivided into 100 million smaller units called satoshis, defined by eight decimal points.[4]

Bitcoin is not managed like typical currencies: it has no central bank or central organization. Instead, it relies on an internet-based peer-to-peer network. The money supply is automated and given to servers or "bitcoin miners" that confirm bitcoin transactions as they add them to a decentralized and archived transaction log approximately every 10 minutes.

The transaction log is authenticated by end-users through hashed ECDSA digital signatures (similar to a username and password) and added to through calculations of varying difficulty, performed by dedicated servers called bitcoin miners. Each 10-minute portion or "block" of the transaction log has an assigned amount of bitcoins that is awarded to miners (who can then sell them at their discretion) once it is added to the log and confirmed by other miners. The amount of bitcoins per addition depends on how long the network has been running and how much in transaction fees has been paid. Currently, 25 new bitcoins are generated with every 10-minute block. This will be halved to 12.5 BTC during the year 2017 and halved continuously every 4 years after until a hard limit of 21 million bitcoins is reached during the year 2140.[1][12]

Bitcoin is the most widely used alternative currency[3][14] and accepted by various merchants and services internationally. As of March 2013, the monetary base of bitcoin is valued at over $1 billion USD.[15][16][17] The large fluctuations in the dollar value of bitcoin has evoked criticism of bitcoin's economic suitability and legitimacy as a currency.[18][19]


So that is all clear now...........
__________________
A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools.
Reply With Quote
  #10  
Old 09-04-2013, 01:31 PM
cross_eyed_ed's Avatar
cross_eyed_ed cross_eyed_ed is offline
looking at things
  
Join Date: May 2005
Location: 5th Best Place to Live in the UK
Age: 54
Posts: 2,465
Rep Power: 3101990
cross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of minecross_eyed_ed : if all you've got to do today is find peace of mind, come round, you can take a piece of mine
It's a bubble... and a virtual one at that.
__________________
Boats n' hoes
Reply With Quote
  #11  
Old 09-04-2013, 01:35 PM
FraserH FraserH is offline
T-T-T-T-Techno Boogie
  
Join Date: Jun 2005
Location: Manchester
Age: 39
Posts: 10,710
Rep Power: 5788928
FraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy diet
I might buy £50 worth for a bit of a laugh.
Reply With Quote
  #12  
Old 09-04-2013, 01:42 PM
scro's Avatar
scro scro is offline
Registered User
  
Join Date: Dec 2002
Location: Bloomsbury
Age: 45
Posts: 15,989
Rep Power: 21474856
scro Sam the man is herescro Sam the man is herescro Sam the man is herescro Sam the man is herescro Sam the man is herescro Sam the man is herescro Sam the man is herescro Sam the man is herescro Sam the man is herescro Sam the man is herescro Sam the man is here
Quote:
Originally Posted by FraserH
I might buy £50 worth for a bit of a laugh.
I will dismiss it as a daft thing to do if you like. Then when you are a billionaire in 30 years time you can add in your autobiography that everyone said you were mad etc etc.
Reply With Quote
  #13  
Old 09-04-2013, 01:45 PM
FraserH FraserH is offline
T-T-T-T-Techno Boogie
  
Join Date: Jun 2005
Location: Manchester
Age: 39
Posts: 10,710
Rep Power: 5788928
FraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy diet
It is a bit of pocket money from my impending redundancy. I am just interested to see what the market is like in a bit more detail. I will not be putting 1000's or even 100's of pounds into it.
Reply With Quote
  #14  
Old 09-04-2013, 01:55 PM
BB Bob's Avatar
BB Bob BB Bob is offline
Registered User
  
Join Date: Feb 2003
Location: Leigh-on-Sea
Age: 58
Posts: 4,841
Rep Power: 21474856
BB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is hereBB Bob Sam the man is here
You could have made money in Tulips in Amsterdam in the 17th Century and in shares in the South Sea Company. You didn't want to own either when the brown stuff hit the metal revolving object.
__________________
A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools.
Reply With Quote
  #15  
Old 09-04-2013, 10:44 PM
Russ_uk's Avatar
Russ_uk Russ_uk is offline
BBS BTC Baron
  
Join Date: May 2007
Location: Dartford & Virginia
Age: 45
Posts: 5,037
Rep Power: 299865
Russ_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS Murray
Quote:
Originally Posted by Justin
Avoid like the absolute plague.

I have no doubt within a few years (at most) they will be worthless but haven't a clue how many mugs will pile in first to drive the price higher.
I'd say the the exact opposite!

Bitcoins will continue to get bigger and bigger, Even buying at $200/BTC is a worthwhile investment! There gonna hit EASILY $400+ at some point his year, probably MUCH more.

I no longer have the funds to do any major investing in crypto currencies but I still dabble a little. Litecoin (LTE) Will be the next big one IMHO - I've already doubled my money in the space on a week with these

If you get he chance to buy even a single Bitcoin I say buy, buy, buy! If you've got a half a brain there's no way you'll lose money.
__________________
"Water which is too pure has no fish" - Ts'ai Ken T'an
Last edited by Russ_uk; 09-04-2013 at 10:47 PM.
Reply With Quote
  #16  
Old 09-04-2013, 10:54 PM
prizesucker's Avatar
prizesucker prizesucker is offline
Registered User
  
Join Date: Jan 2003
Posts: 2,457
Rep Power: 15381460
prizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy dietprizesucker came here looking for the peace and quiet; the healthy air and the healthy diet
According to this article ( To view the link you have to Register or Login ) bitcoins have already gone up 900% in 2013. Not a bad return i suppose but i'm not sure i would invest in them.
__________________
The creator of the "Evil Sash" kit idea.

Quote:
Originally Posted by BBD
*prizesucker's suggestion about shallow nets shows he's a true connoisseur of the beautiful game :)
Reply With Quote
  #17  
Old 09-04-2013, 10:57 PM
FraserH FraserH is offline
T-T-T-T-Techno Boogie
  
Join Date: Jun 2005
Location: Manchester
Age: 39
Posts: 10,710
Rep Power: 5788928
FraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy dietFraserH came here looking for the peace and quiet; the healthy air and the healthy diet
Russ which site are you trading on? I have heard good things about Litecoins too.
Reply With Quote
  #18  
Old 09-04-2013, 10:58 PM
Russ_uk's Avatar
Russ_uk Russ_uk is offline
BBS BTC Baron
  
Join Date: May 2007
Location: Dartford & Virginia
Age: 45
Posts: 5,037
Rep Power: 299865
Russ_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS Murray
Quote:
Originally Posted by FraserH
Russ which site are you trading on? I have heard good things about Litecoins too.
To view the link you have to Register or Login

Litecoins more of a long term thing, where as Bitcoin is for a quick-ish buck, that'll be my (simplified) advice anyway
__________________
"Water which is too pure has no fish" - Ts'ai Ken T'an
Reply With Quote
  #19  
Old 09-04-2013, 10:58 PM
Neckinger Eagle's Avatar
Neckinger Eagle Neckinger Eagle is offline
Mr Irony
  
Join Date: Mar 2002
Location: The Workhouse
Posts: 4,347
Rep Power: 21474857
Neckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is hereNeckinger Eagle Sam the man is here
The world has gone barking mad.
__________________
Sent from my Sinclair ZX81 using the keyboard
Reply With Quote
  #20  
Old 09-04-2013, 11:08 PM
Russ_uk's Avatar
Russ_uk Russ_uk is offline
BBS BTC Baron
  
Join Date: May 2007
Location: Dartford & Virginia
Age: 45
Posts: 5,037
Rep Power: 299865
Russ_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS MurrayRuss_uk FFS Murray
Quote:
Originally Posted by Neckinger Eagle
The world has gone barking mad.
The world went barking made when Fiat currencies became the norm.

Gold, Silver and Bitcoin (crypto currencies) are the only things worth investing in ATM
__________________
"Water which is too pure has no fish" - Ts'ai Ken T'an
Reply With Quote
Reply
Page 1 of 181 1 23456781151101 Last »

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT +1. The time now is 10:27 AM.

Contact Us - www.cpfc.org - Archive - Top

Powered by vBulletin®
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.