UsedToGoToCentralPark Posted December 9, 2017 Share Posted December 9, 2017 No help I'm afraid but I thought the value of Bitcoin was that it was a cost free, frictionless and very fast way of transferring money? It's none of these at the moment. Been waiting days for a small transaction with a reasonable fee to confirm but it's stuck in the backlog and I refuse to pay a larger fee as that just encourages higher fees. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted December 11, 2017 Share Posted December 11, 2017 Futures trading has started. http://www.cboe.com/blogs/options-hub/2017/12/11/hedging-bitcoin-with-xbt-bitcoin-futures 0 Quote Link to comment Share on other sites More sharing options...
CowdenLoyal Posted December 12, 2017 Share Posted December 12, 2017 Litecoin doing a bit of travelling now too. I bought .5 worth when it was £69 per coin, a lot of folk predicting it'll increase substantially over the coming weeks. 0 Quote Link to comment Share on other sites More sharing options...
Ross. Posted December 18, 2017 Share Posted December 18, 2017 XLM took a fair jump over the weekend. Had been sitting around 13-15c for a while but pretty much double that now. 0 Quote Link to comment Share on other sites More sharing options...
CowdenLoyal Posted December 20, 2017 Share Posted December 20, 2017 Bitcoin cash added to Coinbase and the servers shit the bed again. Bitcoin, Ethereum and Litecoin all take a nosedive. The whole thing is crazy! 0 Quote Link to comment Share on other sites More sharing options...
UsedToGoToCentralPark Posted December 20, 2017 Share Posted December 20, 2017 Bitcoin cash added to Coinbase and the servers shit the bed again. Bitcoin, Ethereum and Litecoin all take a nosedive. The whole thing is crazy! Sold some BCC earlier as well.Btc unconfirmed transactions and stupid fees at the moment is going to put a lot of people off.My BCC sale cost a few cents. Think I'll wait and see if it goes back to about 18.5k and maybe cash out a bit more. 0 Quote Link to comment Share on other sites More sharing options...
djchapsticks Posted December 22, 2017 Author Share Posted December 22, 2017 On 20/12/2017 at 21:05, UsedToGoToCentralPark said: Sold some BCC earlier as well. Btc unconfirmed transactions and stupid fees at the moment is going to put a lot of people off. My BCC sale cost a few cents. Think I'll wait and see if it goes back to about 18.5k and maybe cash out a bit more. BTC nosedives to under £10k. Hopefully just a case of history repeating. It has a history of large drops followed by astronomical gains. I'm wary of the vat though that at one point, the large drop will be the crash. Don't feel this is it yet though, or at least I hope not. 0 Quote Link to comment Share on other sites More sharing options...
UsedToGoToCentralPark Posted December 22, 2017 Share Posted December 22, 2017 Possibly a bit of profit taking as well as frustration with high fees and unconfirmed transactions. I'm going for bubble and a big crash soon but probably there is one more spike left. 0 Quote Link to comment Share on other sites More sharing options...
CowdenLoyal Posted December 22, 2017 Share Posted December 22, 2017 Possibly a bit of profit taking as well as frustration with high fees and unconfirmed transactions. I'm going for bubble and a big crash soon but probably there is one more spike left. It really has shit the bed today but I genuinely think it'll go mental again just after Christmas. The fact all the Coinbase services have dropped a huge amount gives me hope that they'll all pick up again. 0 Quote Link to comment Share on other sites More sharing options...
UsedToGoToCentralPark Posted December 22, 2017 Share Posted December 22, 2017 It really has shit the bed today but I genuinely think it'll go mental again just after Christmas. The fact all the Coinbase services have dropped a huge amount gives me hope that they'll all pick up again.This has got pork bellies all over it. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted December 22, 2017 Share Posted December 22, 2017 1 hour ago, G_Man1985 said: Time to bail out soon I think :-( When you see the founder of Litecoin cashing in you have to be wary. http://fortune.com/2017/12/20/charlie-lee-litecoin-cryptocurrency/ 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted December 22, 2017 Share Posted December 22, 2017 I've no idea what will happen to crypto currencies in the short to medium term but if I owned any I'd be wary of waiting till the last minute before bailing. Quote One worry is that when people do try to rush for the exit they find it blocked. I have been selling some of the Bitcoin I bought 18 months ago, paying about £60. In theory that is simple enough and indeed I have sold £500 worth for a small fee. But actually getting that cash into my sterling bank account is far from seamless - so far I am a week in to what promises to be a two-week process. Hardly the frictionless finance that was promised by Bitcoin's advocates and if the rush to sell gathers pace there is a good chance that the system seizes up completely. http://www.bbc.co.uk/news/technology-42454876 0 Quote Link to comment Share on other sites More sharing options...
54_and_counting Posted December 23, 2017 Share Posted December 23, 2017 A lot of people are going to be stung by this cryptocurrency thing 0 Quote Link to comment Share on other sites More sharing options...
S7C Posted December 31, 2017 Share Posted December 31, 2017 I left £100 profit in cryptocurrency a week ago and am currently sitting at 2 grand. All risk free as I cashed out a few hundred in profit earlier this year. If I could just repeat that and 20x my current portfolio I'll be a very happy man. 0 Quote Link to comment Share on other sites More sharing options...
Ross. Posted January 3, 2018 Share Posted January 3, 2018 On 12/18/2017 at 08:48, Ross. said: XLM took a fair jump over the weekend. Had been sitting around 13-15c for a while but pretty much double that now. Another jump in the last few days. Up to around 65c at the time of writing. Sitting on 10x my initial buy in now, which means nothing until I actually sell it... 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted January 4, 2018 Share Posted January 4, 2018 (edited) Furniture makers and drink manufacturers are changing their names to incorporate "block chain" and finding their share values increase by 400%. This is a market of pure speculation with no underlying value, and a serious risk of regulatory stamping down. Good luck to all the P+B buyers, and hope you all time it right to sell. Gutted I didn't step in 5 years ago tbf. Heard there's now more than a thousand crypto currencies. Edited January 4, 2018 by welshbairn 0 Quote Link to comment Share on other sites More sharing options...
Ross. Posted January 5, 2018 Share Posted January 5, 2018 (edited) 14 hours ago, welshbairn said: Furniture makers and drink manufacturers are changing their names to incorporate "block chain" and finding their share values increase by 400%. This is a market of pure speculation with no underlying value, and a serious risk of regulatory stamping down. Good luck to all the P+B buyers, and hope you all time it right to sell. Gutted I didn't step in 5 years ago tbf. Heard there's now more than a thousand crypto currencies. It's viewed as a get rich quick scheme, no doubt, but there will be a few that survive and flourish thanks to the technology behind them. There will be as much luck as there will be skill involved in having backed the right horse. I have always viewed it as a larger than I would normally make punt. If it comes in, great, if it doesn't, f**k it. ETA: https://mobile.twitter.com/zerohedge/status/949284041362112512 Edited January 5, 2018 by Ross. 0 Quote Link to comment Share on other sites More sharing options...
CowdenLoyal Posted January 16, 2018 Share Posted January 16, 2018 Has anyone sold up? Price has plummeted. Some folk saying buy buy buy, some saying it's goosed? Personally I'm still in a bit of profit and will be holding out. 0 Quote Link to comment Share on other sites More sharing options...
fanny paddery Posted January 16, 2018 Share Posted January 16, 2018 Looking like threatening the $10,000 barrier just now. Ripple also in melt down. What are people doing with anything they currently hold, and are people thinking about buying in? 0 Quote Link to comment Share on other sites More sharing options...
The OP Posted January 16, 2018 Share Posted January 16, 2018 Anyone want to buy a tulip bulb? 0 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.