Bitcoin

[goose]

"Bitcoin went past $23,000 today. I've made just over £400 today trading it from the comfort of my sofa. other cryptocurrencies have been flying as well. short term fad or long term alternative currency??"

[JAC]

Been using Revolut to trade Bitcoin and Litecoin but the commission is fucking high....any other recommendations (NOT CFD)?

[Frankie van der Elst]

Tulips anyone?

[Darby_]

"Spot on, Camel. It was getting ready for a 2017-style collapse when Space Karen intervened."

[tonka]

"bought a couple of coins in 2016 for just over 500 quid each. I've nearly cashed out a couple of times, but I think it will hit 50k by the end of the year, I expect a couple of sharp falls in between. Fucking HMRC all over it though..."

[Vexed]

"camel-with-3-humps 8:48 Tue Feb 16 I can't work out if that's quite a well constructed wind up or if you really believe the bilge you have written there? Either way, hats off - that's either great work or you're frighteningly clueless!"

[Dicko75]

"Duffster, I used Revolut just before Christmas. It’s really easy to use but I did notice the spreads (difference between buy and sell price) were quite wide. But simply and straightforward to kick off with Have since started using Binance which is good but probably for those with a bit more understanding of finance."

[camel-with-3-humps]

"Bitcoin will have major correction soon. The moving averages were in a death cross - a very bad sign which historiclaly has led to a collapse in price - but then Elon Musk invested. Unless corporates follow him, the price will decline very sharply. Uusually corrections 60% to 80%. Let's see what happens..."

[duffster]

"Obviously im an absolute beginner and don't understand any of this, But could someone please Kindly tell me the simplest, safest way to buy a few of cryptos here in the uk. I tried to figure it out, signed up to Coinbase , but they've been 'Veryifying me for over 2 weeks now, and im sick of them. thanks"

[Vexed]

50k today. Think that Darby_ chump owes the WHO fund some money........

[Vexed]

How would someone regulate a decentralised cryptocurrency then?

[Pub Bigot]

Made*

[Pub Bigot]

Made*

[Pub Bigot]

"I'm invested in crypto and I'm doing well. It's not BTC, but in the run in November I make £3k in a day. It looks like digital currency will be a thing moving forward and it'll be regulated very soon, this is where I see BTC losing ground. Unregulated, slow settlements, heavy impact on the environment and heavily linked to the CCP."

[Ace of Spades]

"I remember this thread from 2017 haha. Good luck finding the right shitcoins to make more bitcoin. I’ll see you all at $318,000."

[goose]

My money is going into crypto and pork bellies.......

[DocMarten]

"The Bitcoin Standard, Saifedean Ammous - is a must read for people wanting to better understand the 'rise' of BTC."

[Northern Sold]

That's absolutely and utterly mental charley mate... when you look at that in the cold light of day ... even pissed ... worlds gone fucking insane

[charleyfarley]

"My eldest son who crunches numbers for a living (data scientist) is heavy into mining and investing in bit coins, he has to share and pay for servers in China for electricity and computer power to solve the maths problem that bitcoin sets to mine bitcoins. He is still sitting on his remaining bitcoins and he tells me he has cashed some in at $23,000 but left most of his other investment in. If you are interested in the electrical and computer power you need to mine coins:- Global power consumption for the servers that run bitcoin’s software is a minimum of 2.55 gigawatts (GW), which amounts to energy consumption of 22 terawatt-hours (TWh) per year—almost the same as Ireland. Google, by comparison, used 5.7 TWh worldwide in 2015 and if Google used all of it's global computer power it couldn't match a tenth of what bitcoin uses."

[Cheezey Bell-End]

"Apparently there's an overdue alt season building. So in coming weeks when BTC comes off its high, the lesser coins should enjoy some price increases. These can be significant. If you are lucky enough to spot one early, they can suddenly go up 1000% or more. Otherwise you can still easily make over 1% a day during these times doing automated trading. I've made 4% in a day a few times."

[Side of Ham]

He's trying really hard to prove he's not an only child on another thread.......

[SurfaceAgentX2Zero]

"Walter has been literally burning up his keyboard this morning, Googling and cut and pasting reams and reams of the bleeding obvious in an attempt to look like A SERIOUS PLAYER."

[Side of Ham]

Noted Thanks for your admittance

[goose]

Ripple has been a bit all over the place - very hard to predict.

[BRANDED]

Noted Thanks for your contribution

[Side of Ham]

"Thanks Stepney for some actual useful information. Brandard information please look and learn and take note, no need to acknowledge me as it will just make out like you are on some sort of spectrum......"