1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[onthereal]

Everytime i withdraw poker money it converts to Bitcoin. shyt is VERY volatile. It's high now but the swings are shytty. Still wish I had a few.

 

[Maddmike]

can you guys name some of the first wallets? I remember when this started and i got into trying to mine, i had a wallet....

 

[Reece]

Bitcoin added $1,500 since this thread, Ethereum $100....even my IOTA and Monero starting to rise

 

[Noriega]

While btc itself might be a bubble, I fail to see how the blockchain tech isn't something that we will use in the future. I feel like we are already inching closer and closer to it with nfc payments and other digital payment systems. I cant remember the last time I've used paper money or a check.

I use Apple Pay damn near everyday now

 

[itsyoung!!]

Everytime i withdraw poker money it converts to Bitcoin. shyt is VERY volatile. It's high now but the swings are shytty. Still wish I had a few.

something raising 750% steadily over 12 months is not something id call volatile...

 

[onthereal]

something raising 750% steadily over 12 months is not something id call volatile...

You’re ignoring the times when it takes a sizable nosedive. If only every currency ALWAYS increased and never decreased. That’s not realistic.

 

[MMA]

I told y'all to buy ethereum, now I believe bitcoin will easily hit 50k/100k in 2-10 years
I'm ready to quit working and just work on flipping this market

The worse part is when is the time to cash out, when it hits 100k or 1m (possibly), Human nature greed is the worse


It's like free money at this point

 

[Reece]

I told y'all to buy ethereum, now I believe bitcoin will easily hit 50k/100k in 2-10 years
I'm ready to quit working and just work on flipping this market

The worse part is when is the time to cash out, when it hits 100k or 1m (possibly), Human nature greed is the worse


It's like free money at this point

I just need about $50,000 and I’mma funnel everything to my business and other investments. Let these small cap coins really pop and imma really show my ass

 

[Numpsay]

I wish I understood enough about this shyt. Right now this just comes across as investing in imaginary money that I'm supposed to sell/trade. What happens when/if retailers start accepting Bitcoin? Wouldn't it have to go dollar for dollar at that point? What if it never becomes and acceptable form of payment, people will continue investing in this imaginary currency? This just doesn't pass the smell test to be but maybe I need to educate myself more.

Also why is it that no one seems to ever completely cash out? Greed?

 

[Bobby Lashleys eyebrows]

Nas won.

 

[hayesc0]

I wish I understood enough about this shyt. Right now this just comes across as investing in imaginary money that I'm supposed to sell/trade. What happens when/if retailers start accepting Bitcoin? Wouldn't it have to go dollar for dollar at that point? What if it never becomes and acceptable form of payment, people will continue investing in this imaginary currency? This just doesn't pass the smell test to be but maybe I need to educate myself more.

Also why is it that no one seems to ever completely cash out? Greed?

Basically it's a bubble that will eventually burst imo.

 

[Numpsay]

Basically it's a bubble that will eventually burst imo.

I applaud those that have made money off of this, but this doesn't seem to be on the up and up, and I imagine at some point there will be some really big winners from this, and a whole lot of people that loses a lot.

With that said I am about to try and ride the wave when the prices dip again.

 

[hayesc0]

I applaud those that have made money off of this, but this doesn't seem to be on the up and up, and I imagine at some point there will be some really big winners from this, and a whole lot of people that loses a lot.

With that said I am about to try and ride the wave when the prices dip again.

I never honestly had the money to invest not a coli baller but if I did I would be interested.

 

[itsyoung!!]

I wish I understood enough about this shyt. Right now this just comes across as investing in imaginary money that I'm supposed to sell/trade. What happens when/if retailers start accepting Bitcoin? Wouldn't it have to go dollar for dollar at that point? What if it never becomes and acceptable form of payment, people will continue investing in this imaginary currency? This just doesn't pass the smell test to be but maybe I need to educate myself more.

Also why is it that no one seems to ever completely cash out? Greed?

a lot of major retailers already accept bitcoin..

I applaud those that have made money off of this, but this doesn't seem to be on the up and up, and I imagine at some point there will be some really big winners from this, and a whole lot of people that loses a lot.

With that said I am about to try and ride the wave when the prices dip again.

theres a thread on here, from 2013.. when bitcoin was $200 a piece. They said invest $2-3k into it now. That same $2-3k worth of bitcoin today would now be worth $100k..

 

[Numpsay]

a lot of major retailers already accept bitcoin..



theres a thread on here, from 2013.. when bitcoin was $200 a piece. They said invest $2-3k into it now. That same $2-3k worth of bitcoin today would now be worth $100k..

Which retailers breh? Only ones I know of is Overstock, Newegg, and Subway and I wouldn't call any of them major.

In regards to the 2nd point, who actually invested and can cash that amount out. I always here that rhetoric, if you invested X amount back then like we told you then it would be worth Y amount now, yet it seems no one actually did and no one is cashing that out at this point.