I bought some Bitcoin, in less than a month I doubled it. If this continues I will buy saddo, ban master, make beanz and Brock and miles mods
Good man. I hope it goes well.
Do not let success go to your head and do not let failure get to your heart.
can you buy any amount or does it have to be quite a high price to buy any in the first place, can you sell them whenever you want or do you have to hold onto them for a certain amount of time.
I've heard all about Bitcoin but haven't really took the time to understand it.
Could you give a brief idiots guide to it please.
Batman Bitcoin is currently 9,050 per coin. Three weeks ago it at 5,000 per coin. You can buy it fractionally as little as .00000001. That is one satoshi, the smallest. Mine is making me money as I type this. The banking world is getting into Bitcoin in December. You could buy them then sell them as soon as you get them. You can sell 24/7 365. One coin will probably be over 10,000 end of year of that you could buy 200 dollars or less to test it.
I wouldn't suggest anyone get in this until you have learned the basics and the block chain it operates on. Beleive me, so much money is being made so quickly it is impossible to go on forever
Had a lot of fraud coming through with Bitcoin recently at work.
They live, We sleep
Just read last few posts in this thread - I have no idea what BitCoin is....
Don't bully fat kids - they've got enough on their plate
@Mark TKO above you will find a simplified explanation. It's a decentralized currency traded betwixt people with no central bank backing it. I'm surprised so many have not heard of it. When it started it was literally a fraction of a penny. Five dollars invested seven years ago would be worth over a million today. That's no bullshit. Currently this shit is blowing away the returns on the best stocks, mind you I've seen it go from 7,000 to 5,000 three weeks ago and today it's 9,777. Please note I'm not telling anyone or even suggesting you put money in it. I'm just saying look at it, the whole concept of currency with no central bank is an amazing thing. This has been more of a young persons thing. One theory is if the next generation does manage to bring Bitcoin into a widely excepted currency on coin could be worth 190,000. Others say it's a Ponzi scheme and will be worth nothing.
I personally don't know. The Bitcoin pros say it isn't a fiat currency but it is not backed by gold. From what I can tell the real value of Bitcoin is the confidence of people who buy it which to me is fiat. The block chain running Bitcoin is intense. Government and financial institution are adopting it as we speak IBM is one of the top business's in blockchain
Please excuse masters stupidity and beanz anti Mexican views. Above is an article on blockchain. Although master is one of the biggest idiots on here what he said does have some truth. Bitcoin was and is used on the dark web to buy narcotics and can be used to launder money. But master, the Chicago mecantile will be trading Bitcoin futures starting December. The government is collecting taxes on Bitcoin profits. People are accepting Bitcoin selling real estate, you can see this thing grow @Master
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