Bitcoin Doubters, Come Eat Your Crow | Page 23

Discussion in 'The War Room' started by jmag, Dec 20, 2016.

  1. tonni Purple Belt

    tonni
    Joined:
    Jul 25, 2017
    Messages:
    2,436
    Likes Received:
    4,169
    Location:
    Belgium
    Haha, no man. I just have no clue how cryptocurrencies work, how it actually makes you money etc.

    I tried googling but there's so much info and weird sites.
     
    #441
  2. Animal Cracker AKA Volcano Fists AKA Galaxy Knuckles

    Animal Cracker
    Joined:
    Feb 10, 2012
    Messages:
    2,810
    Likes Received:
    615
    Location:
    Da 808
    What would be the best exchange or wallet to use? I’m trying to wrap my head around this
     
    #442
  3. Desdinova Brown Belt

    Desdinova
    Joined:
    Apr 9, 2010
    Messages:
    4,299
    Likes Received:
    2,191
    I feel like the whole world has gone mad.
     
    #443
    4daLuLZ likes this.
  4. CauseImbetta Yellow Card

    CauseImbetta
    Joined:
    Nov 28, 2008
    Messages:
    4,068
    Likes Received:
    1,729
    Location:
    In Hell high-fiving the devil.
    Mike, buddy.

    I will get a hardware wallet.

    1. Do hardware wallets accept ethereum too or only bitcoin?
    2. Can I add more bitcion to the hardware wallet later?

    Thanks for your help bro.
     
    #444
  5. Tropodan Black Belt

    Tropodan
    Joined:
    Apr 15, 2014
    Messages:
    6,752
    Likes Received:
    5,237
    Location:
    Canada eh!
    These wallets are fucking complicated. Fuuuuck.
     
    #445
    CauseImbetta likes this.
  6. mr.bigglesworth Red Belt

    mr.bigglesworth
    Joined:
    Dec 3, 2006
    Messages:
    9,240
    Likes Received:
    3,455
    1. Not BTC wallets, but ETH wallets can accept any ERC-20 tokens(coins built on ETH platform). Otherwise wallets are coin specific.

    2. Of course you can. You can also make any amount of wallets/addresses if you so choose.
     
    #446
  7. mr.bigglesworth Red Belt

    mr.bigglesworth
    Joined:
    Dec 3, 2006
    Messages:
    9,240
    Likes Received:
    3,455
    Yeah they are. They've been pretty much the same for years.
     
    #447
    Tropodan likes this.
  8. Gregolian .45 ACP

    Gregolian
    Joined:
    Nov 12, 2009
    Messages:
    38,299
    Likes Received:
    10,261
    Location:
    Gun Shop
    So, if I wanted to get into this... how do I go about doing it? I don't have a ton of asset to sink into it but I'd like to get in before say Amazon or MS endorse it and then start taking it as payment.
     
    #448
  9. freaky Black Belt

    freaky
    Joined:
    Mar 9, 2015
    Messages:
    6,254
    Likes Received:
    5,285
    Location:
    Inside Sherdog
    It peaked at 19k and now it dropped to 15k in less than an hour. It's happening
     
    #449
  10. JonesBones Gold Belt

    JonesBones
    Joined:
    Sep 28, 2011
    Messages:
    19,734
    Likes Received:
    3,792
    Location:
    New York
    That isnt where there is money to be made. It wont be a mainstream currency, it will be "Gold 2.0" as somebody said. The money to be made is when I was telling people to sell at 8k and it is now double that. lol. Don't buy Bitcoin right now. Most people buy high, that is why it is high in the first place. If people started selling or even using bitcoin, it will go down. People are holding it. That is where the money has been. Sell it for US dollars. Nobody actually wants bitcoin. They want the money it can be converted into. None of this gain is real until you withdraw it. Until you sell it.
     
    #450
    Last edited: Dec 7, 2017 at 11:29 AM
    Rockapotomuss likes this.
  11. Tropodan Black Belt

    Tropodan
    Joined:
    Apr 15, 2014
    Messages:
    6,752
    Likes Received:
    5,237
    Location:
    Canada eh!
    Just pulled my bitcoin out. Invested 94 bucks a few months ago and just pulled out 260. I'm looking to buy ripple before it explodes in the new year.
     
    #451
    Quipling likes this.
  12. mr.bigglesworth Red Belt

    mr.bigglesworth
    Joined:
    Dec 3, 2006
    Messages:
    9,240
    Likes Received:
    3,455
    You've seen nothing. Just HODL
     
    #452
    mike sherry likes this.
  13. Gregolian .45 ACP

    Gregolian
    Joined:
    Nov 12, 2009
    Messages:
    38,299
    Likes Received:
    10,261
    Location:
    Gun Shop
    So it's just like stocks?

    Like i know there is Bitcoin, Ether, and something else and I've been curious for a bit.
     
    #453
  14. KILL KILL Gold Belt

    KILL KILL
    Joined:
    May 4, 2007
    Messages:
    19,488
    Likes Received:
    7,197
    Location:
    New Jersey / Georgia
    Where do you guys see the price of bitcoin going?

    The volatility of it is insane, which makes it impossible for retailers to get on board.
     
    #454
  15. PEB Atomic Butt Drop Champ :)

    PEB
    Joined:
    Jan 20, 2004
    Messages:
    11,661
    Likes Received:
    4,898
    Location:
    SPACE THE FINAL FRONTIER :)
    I'm kinda pissed I had the chance to buy it at 14 dollars a coin just before it balloon to 700 within a few months. Here is a thread I started in 2013 where it was around 700 dollars each.

    It exploded literally over night after it hit the web. It then hung around for a time. Here is the link to the thread. That being said number being thrown around is 30,000 to 32,000 before hitting the mantle.

    I think government's are going to derail it before then though.

    http://forums.sherdog.com/threads/the-bitcoin-pizzle-how-to-trade-in-bitcoins.2611641/
     
    #455
  16. Bohdan Blue Belt

    Bohdan
    Joined:
    Aug 7, 2006
    Messages:
    765
    Likes Received:
    20
    Location:
    Ontario, Canada
    Mined some coins back in 2011ish on my good old 7970 through bitminter. I had long forgotten about them until I saw the price start to pop. Turns out a had a hard drive with my old wallet stored in my office drawer. I was also able to recover my account on bitminter and transferred my remaining coins. I'm struggling on whether to sel now and reward the family with a swimming pool or whether I should hold fast and hold out.

    Most likely going to sell enough to pay for a new pool on Monday/Tuesday when it hits OTC in Chicago and hold the rest for at least a year. Sell the news. If it goes to a million I won't completely miss out... and if it goes to 0 I can float my drunken ass around the pool with a smug look on my face.

    I honestly have to say though. It's a bit surreal. If I had any other investment that went from basically 0 to six figures I'd be in a panic to sell.
     
    #456
  17. mrbaapt Purple Belt

    mrbaapt
    Joined:
    Jun 1, 2016
    Messages:
    1,752
    Likes Received:
    1,580
    100K per bitcoin isn't unrealistic.
     
    #457
    fmartnz2 and mike sherry like this.
  18. KILL KILL Gold Belt

    KILL KILL
    Joined:
    May 4, 2007
    Messages:
    19,488
    Likes Received:
    7,197
    Location:
    New Jersey / Georgia
    It would have been awesome to get in early and cash out, but who knows where it will end up in the long run.
     
    #458
  19. KILL KILL Gold Belt

    KILL KILL
    Joined:
    May 4, 2007
    Messages:
    19,488
    Likes Received:
    7,197
    Location:
    New Jersey / Georgia
    what are you sitting at if you don't mind me asking?
     
    #459
  20. SaucyJack Green Belt

    SaucyJack
    Joined:
    Oct 28, 2008
    Messages:
    1,015
    Likes Received:
    377
    Location:
    Ontario
    Yeah I have no idea how I get my bitcoin from Coinbase to a paper wallet. I’ve read a few sites and reddit but my dumb brain can’t figure it out. I need a proper step by step list of instructions.
     
    #460

Share This Page

monitoring_string = "fd5733925866a04e50edd70f38dfaa35"
monitoring_string = "603ac9fff68f23709f2a42bf5e29272b"