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TOPIC: Bitcoin

Bitcoin 23 May 2017 19:40 #672659

  • lotters
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Just been looking into Bitcoin . Quite interesting and got Bill Gates saying very positive things about them . Need to do a lot of research here but could be a very exciting and profitable investment once people start believing in this interesting concept . Whats your views on this ?
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Bitcoin 23 May 2017 20:12 #672661

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Try and watch/download the documentary, Banking On Bitcoin.
Guessing has never been widely acclaimed as a good gambling strategy
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Bitcoin 23 May 2017 23:15 #672671

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R25,000 for one bitcoin now. A couple of years ago one bitcoin was worth about R1,500 and if you bought a couple of dollars worth a few years ago they would be literally worth millions. I was talking to colleagues at work about experimenting with a transaction to buy a bitcoin but was horrified to see that it was R25,000. Bitcoin investment will hide you from the tax loop, oh yes ;)

But beware, extremely volatile.

Well, that R25,000 I saw Thursday has just grown into R29,000.
"Lot 226, 2016 NYS, Diamondveld, R1.5m"
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Bitcoin 24 May 2017 08:13 #672681

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Thanks Bayern and Mac will watch the documentary today and interesting feedback Mac cheers
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Bitcoin 24 May 2017 19:36 #672775

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Mac wrote:
R25,000 for one bitcoin now. A couple of years ago one bitcoin was worth about R1,500 and if you bought a couple of dollars worth a few years ago they would be literally worth millions. I was talking to colleagues at work about experimenting with a transaction to buy a bitcoin but was horrified to see that it was R25,000. Bitcoin investment will hide you from the tax loop, oh yes ;)

But beware, extremely volatile.

Well, that R25,000 I saw Thursday has just grown into R29,000.

Try R39000 at present. Guys, this is THE future. Ignore mainstream 'false news' media... fiat currencies are going to die a slow death, slow for sure but is going to happen. I am currently invested in 13 different cryptocurrencies .... Bitcoin is like the reserve currency .. the others will be your day to day stuff. It is a complex subject... as it stands . I work for a major retailer and have been tasked with heading up the blockchain initiative (blockchain is the technology which drives Bitcoin). For youngsters this is very exciting times....right up there with the industrial revolution.
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Bitcoin 25 May 2017 05:36 #672808

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I know a very wealthy chap who tbvh is not the most techno savvy person going around, but is a brilliant businessman. Anyway, we was telling me about how we had just deposited his first 25k into bitcoin and how he was going to make plenty...

The next day he came to see me... Told me how he got home and called his Mrs to his home office to see what he had just invested into. Put his laptop on, logged in only to see no investment :sick: he got scammed... the wife hasnt to happy with him, but luckily the 25k wont put him out on the street.. well he was even laughing about it, so didnt hit him to hard..

So just as usual with anything online.... PASOP!
Are you living your life or waiting to die?
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Bitcoin 25 May 2017 06:13 #672809

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Karma is correct. With crypto having triple digit growth, and of course BTC appreciating so fast... There are many scammers out there. As usual do your homework.
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Re:Bitcoin 26 May 2017 12:42 #673013

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And we thought Bitcoin is going through the roof.



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"Lot 226, 2016 NYS, Diamondveld, R1.5m"
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Re:Bitcoin 28 May 2017 09:39 #673300

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Mac wrote:
And we thought Bitcoin is going through the roof.



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One of my crypto investments....bought at $11.... I also hold XLM, REP, DASH, XDN, DOGE, RDD,... plus five or six others....
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Re:Bitcoin 28 May 2017 11:53 #673332

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Magi, got my first on Friday for Ripples, XPR


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"Lot 226, 2016 NYS, Diamondveld, R1.5m"
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Bitcoin 28 May 2017 15:46 #673375

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I invested in some nipples in the eighties
It grew so much i eventually had to let it go :unsure:
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Re:Bitcoin 31 May 2017 06:18 #673767

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Mac wrote:
Magi, got my first on Friday for Ripples, XPR


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Good man. xrp is used by financial institutions to transfer funds internationally, it is not true blockchain as the nodes are centralised. It is their target to decentralise over the next two years, but only to approved nodes which still implies central control.
Last Edit: 31 May 2017 06:20 by Magi.
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Re:Bitcoin 23 Aug 2017 14:59 #686531

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XRP (Ripple) has gone from US$0.16 on Monday last to nearly US$0.30 on Wed morning this.



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"Lot 226, 2016 NYS, Diamondveld, R1.5m"
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Re:Bitcoin 26 Aug 2017 14:58 #686970

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Yeah, and back down again two days later

Ripple Ripple $8,284,723,853 $0.216064 ...many better currencies out there. For me this one is an impostor as stated previously...
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Bitcoin 29 Sep 2017 14:12 #691947

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BEER-Token listing ends tmr

www.beertoken.io
ETH1.00 = BEER333.00


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Last Edit: 29 Sep 2017 14:14 by Mac.
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Bitcoin 10 Oct 2017 09:29 #693693

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There is a rumor that Goldman Sachs is considering putting together a new trading outfit for cryptocurrencies.

If true, however, this is more than just another example of Wall Street and bitcoin getting closer.

The report does stress that Goldman may eventually pass on the project. Yet even if it does, it is indicative of an increasing acceptance in the upper echelons of finance that bitcoin is not going away, and that there is money to be made.

www.coindesk.com/rumor-not-goldman-trading-change-bitcoin/
"Lot 226, 2016 NYS, Diamondveld, R1.5m"
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Bitcoin 10 Oct 2017 09:47 #693701

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Have heard talk that locally, PWC are starting up a division dedicated to cryptocurrency.
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Bitcoin 11 Oct 2017 14:18 #693936

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Hey guys. I am so happy you are having this discussion, right up my alley.

I purchased my first bitcoin when the price was at R6000, this was in 2015. Currently, it is sitting at R65000.

Bitcoin is a currency, and yes, it is a real thing! More real than the fiat we pretend to have any value. It is not a ponsey scheme. It cannot be controlled, for now, it is not controlled by anyone. Yes, you can buy pretty much anything - www.bidorbuy.co.za/ - with it.

I personally have lived my life over the last two years using Bitcoin as my base currency. So I use that as my savings. I can sell bitcoin for rands as easily as I can buy bitcoin with rands.

Bitcoin is a crypto-currency - a crypto-currency is something that comes from Blockchain technology. Blockchain can be categorised as a form of internet, and bitcoin is a form of a website or web service like facebook.
Bitcoin is built on a blockchain. Personally, blockchains is where the real money is because we are talking about life changing systems:



Let me offer some value and answer all your guys questions you have on bitcoin, crypto-currency, and blockchain... a few good investment tips too. :)
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Bitcoin 11 Oct 2017 15:21 #693943

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Mac wrote:
There is a rumor that Goldman Sachs is considering putting together a new trading outfit for cryptocurrencies.

If true, however, this is more than just another example of Wall Street and bitcoin getting closer.

The report does stress that Goldman may eventually pass on the project. Yet even if it does, it is indicative of an increasing acceptance in the upper echelons of finance that bitcoin is not going away, and that there is money to be made.

www.coindesk.com/rumor-not-goldman-trading-change-bitcoin/

With regards to investment, check out - coincap.io/ - lists the top/popular/existing/available digital assets (cryptocurrencies/tokens/assets). You can pretty much trade the top 30 or so coins yourself on multiple different platforms.

As an example.
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Bitcoin 11 Oct 2017 16:13 #693950

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CNBC africa has a show called Crypto Trader...if anyone is interested.
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