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HarderFaster Forums >> Serious Discussions >> Bitcoins Author Pages (7):  1  2  3  4  [5]  6  7      Matt V2.0 Registered: Apr 2002 Posts: 17728 - Threads: 847 Location: Surrey 2016 Honourable Mention Party Animal The mysterious Satoshi Nakamoto, bitcoin’s anonymous creator, is estimated to own 980,000 making his/her/their holding worth around $19.4b https://qz.com/1159188/bitcoin-price-approaches-20000-making-satoshi-nakamoto-worth-19-4-billion/ The coins haven't been touched for years Report this post to a moderator | IP: Logged 21-12-2017 13:42 PM kerb Registered: Nov 2005 Posts: 24383 - Threads: 1623 Location: Quote: Matt wrote on 21-12-2017 01:38 PM The Winklevoss brothers (Olympic rowers, sued Zuckerberg over FB ownership) both invested when bitcoin was $10. Their holdings are now worth $1.3b, out of a total of $310b at today's value. They reckon they might sell up when the total value of Bitcoin matches gold, around $7-8 trillion or 22.5 times the current value. https://www.nytimes.com/2017/12/19/technology/bitcoin-winklevoss-twins.html fucking hell that's a movie in itself!!!! Some smart mother fuckers those brothers. But yeah, That's not going to happen. Report this post to a moderator | IP: Logged 21-12-2017 15:12 PM kerb Registered: Nov 2005 Posts: 24383 - Threads: 1623 Location: touched £9k this morning............. jeez Report this post to a moderator | IP: Logged 22-12-2017 09:28 AM Matt V2.0 Registered: Apr 2002 Posts: 17728 - Threads: 847 Location: Surrey 2016 Honourable Mention Party Animal Quote: Matt wrote on 19-12-2017 12:51 PM I think it has to be a bubble waiting to burst. Initially I thought of Bitcoin as a new currency, a replacement for cash which would be good for paying small sums without the 60p credit/debit card transaction fee. Then came Silk Road and the black markets, a way of paying for things anonymously which increased its popularity. But (I'm told ) it was still possible to buy the right amount of bitcoin for a deal, without finding you needed more or had some left over as the price had changed between the 2 transactions. Now it's behaving more like an investment vehicle, like gold in 2011/2, but on steroids. Gold went up to around $2000 but dropped back over 40% and settled at its current level of $1250. Gold is an investment, typically favoured when there's global uncertainty and low returns from traditional vehicles, as we've seen in recent years. Bitcoin has taken on a life of its own, buoyed up by fervent interest but like the early plastic £5 and £10 notes, I can't see the mad pricing lasting for much longer. Click here to view original image Ouch, Bitcoin is on a rollercoaster ride! Click here to view original image Report this post to a moderator | IP: Logged 22-12-2017 18:15 PM kerb Registered: Nov 2005 Posts: 24383 - Threads: 1623 Location: it's been crazy from 8.7k back up to 12k. back down to 7k!! then where ever it is now. It's a roller-coaster for sure Report this post to a moderator | IP: Logged 23-12-2017 14:53 PM Matt V2.0 Registered: Apr 2002 Posts: 17728 - Threads: 847 Location: Surrey 2016 Honourable Mention Party Animal Quote: kerb wrote on 23-12-2017 02:53 PM it's been crazy from 8.7k back up to 12k. back down to 7k!! then where ever it is now. It's a roller-coaster for sure How much are you holding? I'm not sure I could handle checking the price when I woke up, make or break in a moment! Report this post to a moderator | IP: Logged 24-12-2017 12:17 PM kerb Registered: Nov 2005 Posts: 24383 - Threads: 1623 Location: [Edited by kerb on 24-12-2017 13:09 PM] Quote: Matt wrote on 24-12-2017 12:17 PM How much are you holding? I'm not sure I could handle checking the price when I woke up, make or break in a moment! I pulled most out at 14.3 and left some some in which im DOWN a good few grand all in all still up. Smashed my iphone this morning so only have coinbase to check on the laptop and it's so shit. Report this post to a moderator | IP: Logged 24-12-2017 13:08 PM Matt V2.0 Registered: Apr 2002 Posts: 17728 - Threads: 847 Location: Surrey 2016 Honourable Mention Party Animal Quote: kerb wrote on 24-12-2017 01:08 PM I pulled most out at 14.3 and left some some in which im DOWN a good few grand all in all still up. Smashed my iphone this morning so only have coinbase to check on the laptop and it's so shit. Good you're still up, even better you cashed in at a reasonable price. Ultimately though, it's more like gambling than investing - there's very little rhyme or reason for the increases and I'm not surprised by the falls. Hopefully your profits will cover a replacement iPhone? Report this post to a moderator | IP: Logged 24-12-2017 17:34 PM All times are GMT. The time now is 07:55:19         Pages (7):  1  2  3  4  [5]  6  7      Forum Jump: Please select one: -------------------- Search Home -------------------- -- Recent messages -- Welcome to HarderFaster -- Lighthearted Banter -- Serious Discussions -- Upcoming Events and Adverts -- How good a night was THAT ? -- HarderFaster Lifestyle -- Mad Hatter's Corner -- General Mayhem -- HarderFaster Active -- The Asylum -- Mixes and Feedback -- Tunes and Tracks -- DJing -- Production Studio -- Production Feedback -- Photos and Photography -- Community Notices -- F.A.O. -- Classic Threads -- HarderFaster: announcements, suggestions and feedback -- Area 51 Forum Rules: You may post new threads You may post replies You may post attachments You may edit your posts You may delete your posts HTML code is OFF BB Code is ON Smilies are ON

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