Official saddo financial thread

[walrus]

Bitcoin over 11,000, I made a transaction but it takes time to process. It needs to come in before it crashes again or I'll be on miles couch

[brocktonblockbust]

To prosper, holders of bitcoin have to spend/deposit BTC into exchanges/other service, while most of those service webmasters are anonymous. There is no sound reason for them to dare to ask people to give BTC/money to them while persuading people to believe "anonymous is the convention of Bitcoin World.

Convention? Now

[walrus]

To prosper, holders of bitcoin have to spend/deposit BTC into exchanges/other service, while most of those service webmasters are anonymous. There is no sound reason for them to dare to ask people to give BTC/money to them while persuading people to believe "anonymous is the convention of Bitcoin World.

Convention? Now

The blockchain transactions are anonymous but the exchanges aren't. I'm not really concerned about that it's just an exciting thing to play with

[Master]

https://www.msn.com/en-gb/money/news...cid=spartanntp

[walrus]

https://www.msn.com/en-gb/money/news...cid=spartanntp

Master it's scary. This has been repeated though not with so much value many times. People set up elaborate wallets to store Bitcoin and then loose access (keys) making the coin impossible to retrieve. I'm talking to one guy who lost ten bitcoins doing just that, that's over 100,000 buckaroonys. Bitcoin is now hovering around 12,000 (just under) probably having another dip coming up.

[walrus]

@Master there is another crypto called litecoin that has done quite well. A friend of mine got some when it first came out and bought a computer for 275 dollars worth of litecoin. That 275 of litecoin is worth 30,000 today so my friend always points out his 30,000 dollar computer to people who come over, he doesn't allow anyone to touch it

[Dannl99]

So eventually this bubble will burst... how do you know when to get out?