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the.mad.dog.man
19 Oct 18 12:38
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Date Joined: 11 Dec 01
| Topic/replies: 9,212 | Blogger: the.mad.dog.man's blog
seems to good to be true
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Report Callisto-moon October 19, 2018 1:24 PM BST
not if you paid £19,000 for it.
Report geoff m October 19, 2018 2:26 PM BST
LaughLaughLaughLaugh
Report Lady Faye Verrit October 19, 2018 2:29 PM BST
I've posted on here before on the subject....

I bought Bitcoin last year and it was at around £8k...

It was knocking on the door of £17k by the year end and is now less than £5k....

I'm in it for the long term, but it's not going back to those figures any time soon, if at all!

I did try to sell some, as an exercise when it had dropped to E14k, but there were no buyers....

I had £1.15k in Bitcoin so have lost bigtime!

I also had £2k in Ether but it's a similar story there too!

I had some more in Coinbase but again not good.

The big problem I have here is that, with 2FA for security they send a code on each login attempt, to your mobile.

I live in woodland, at the top of a big hill, and there is sod all mobile service, so by the time I get the codes they have lapsed!

Blockchain can't help, and I can't cancel 2FA without getting into my accounts, so it's a bag of rats!

My son is in IT and it was on his encouragement that I rushed into it, because a work colleague had left two years previously and
is now a millionaire.

The good times have gone, and it is only people like him who have made it big time, by having speculated in the early days.

There are scores of these coins and it could be worth a punt on them, as with Penny Shares!

If I finally get back what little is left, that's where I will be going, as the bubble has already burst, as was predicted by many, last year!
,
Report Callisto-moon October 20, 2018 12:50 PM BST
yes a friend of my friend made a lump on them but he was lucky to of sold.

you see the fella that was mining in the early years and his girlfend got fed up of his set up

so he binned it all at the peak the hard drive hat had his coins was worth 180 million.

he says its 40 million now. how gutting.
Report Lady Faye Verrit October 20, 2018 1:37 PM BST
Yes indeed, but it's easy to bemoan it after the event, like any speculative wager!

These people were on the case before few knew about it.

I'll never get mine back, but will certainly have a punt at some low priced ones.....

Ripple, aka XRP is £0.3511 today, and an associate was holding a bunch (haven't asked how much, and when he bought in, but it was $3 in October 2014)....
Report Lady Faye Verrit October 25, 2018 9:49 AM BST
I should add that I now don't get an e-mail to authorise my log in, before 2FA......

Very strange as I mail them, and they respond (eventually) to that address!
Report Jack Hacksaw October 25, 2018 10:31 AM BST
Aren't they like shares, Lady?

In that the share price, in itself, is meaningless?

So, what is cheap and what is expensive?
Report Lady Faye Verrit October 25, 2018 1:28 PM BST
Not exactly JH....

Shares you can only buy and sell but, with crypto, it is said that you can use it as a currency, against other products!

I fail to understand the mechanics of that, and who is going to accept them, as unlike cash you know how much is in your wallet, but with Bitcoin et al,
the value can be anything, at the point of transfer so, presumably, the only people who will accept them are other speculators!

Take a look here, and others with similar content.....

https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

https://unblock.net/companies-that-accept-bitcoin/

I'm prepared to wager, that if you tried to pay for a sandwich in "Subway" with Bitcoin, they would probably call the police!
Report posy October 25, 2018 4:07 PM BST
I too got drawn into bitcoin last year and for a time was making £200 a day trading small movements 5/6 times a day.Trouble started when Chicago stock exchange started up a market and basically traders just shorted bitcoin until price collapsed.Still hold but overall am down about £5k but am optimistic price will shoot up again at some point.
Report Marlas_Magic October 25, 2018 4:15 PM BST
Heavily involved in the space now. I don't think it is too late at all. The technology and the rates of adoption for it is still in the very primitive stages. We are finally beginning to see some actual use cases emerge for the technology. The infrastructure etc in place now for mass adoption is vastly superior to what it was this time last year before the big run up. The big banks/corporations will be stepping into this space in the coming months.
Report Knight Commander October 25, 2018 4:43 PM BST
Think I've got a couple down the back of the sofa Crazy
Report leazes67 October 25, 2018 7:22 PM BST
I hold 0.0355 of a bitcoin which is worth around £176.
Report Just Checking October 25, 2018 9:50 PM BST
"Aren't they like shares, Lady?
In that the share price, in itself, is meaningless?

Shares are literally a fraction of ownership of the company, so hardly meaningless.
Report Just Checking October 25, 2018 9:51 PM BST
Bitcoin .. not a fan. Bubble built on a waste of time.
Report Jack Hacksaw October 26, 2018 8:55 AM BST
The PRICE in itself is meaningless, JC.
Report Jack Hacksaw October 26, 2018 12:08 PM BST
e.g. companies can alter the share price by a bonus issue.
Report the.mad.dog.man October 26, 2018 12:45 PM BST
the bubble has burst now alright a couple years ago
Report Marlas_Magic October 26, 2018 2:13 PM BST
Its tough to describe it as a bubble when it is still in such early stages of adoption. Yes the market grew ridiculously quickly and has corrected subsequently. That has happened on numerous occasions throughout the history of Bitcoin. The technologies being developed (not just Bitcoin) will be complete game changers for society. We will look back in 10 years time and go wow.
Report Lady Faye Verrit November 29, 2018 9:57 AM GMT
http://cryptodailynew.com/lotttery/?utm_widget_id=9709&utm_content_id=3531403&utm_boost_id=537176&i0tz=NjU2Mjg0MzQ1MTM5OTMxMDZhZjNlYWY0ODg1NGNhZDkzMjA1M2E3NzhiOGRhMTIwYTY3MDg1ODg4MzE0OWIxMzU4MTQ0MmNjYzAZMzh

Just read this nonsense and, following the couple on "Dragon's Den, Willoughby and Schofield did it live on air, allegedly, as I didn't see it!

I think you would find, that the registration process takes much longer than implied here (having said that, I didn't register with a broker)!

My earlier posts here, are still the current state of play btw!
Report Lady Faye Verrit November 29, 2018 10:13 AM GMT
Out of interest.......who put the BROKE in BROKER
Report SontaranStratagem November 29, 2018 11:06 AM GMT
Pointless buying the stock market bitcoin tbh

Its value has gone
Report Jack Hacksaw November 29, 2018 12:43 PM GMT
Lady, just thinking about your mobile signal and getting codes....

You can use your mobile via your home internet...

e.g TuGo. which I know 02 have stopped, but other providers may have similar..
Report jerseyboy November 29, 2018 12:52 PM GMT
Have any of u the new currency   INITIATIVE Q    if not you better be quick, this is the next flyer,  u been told..
not sure look it up..
Report Lady Faye Verrit November 30, 2018 4:40 PM GMT
Thanks Jack H.....incredibly I managed to get into "Coinbase", only to find that my holding of £350.00 of "Ether" is now worth £36.47!!

The current price of "Ether" is now £87.94!
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