World's First - Purchased Lambo with Bitcoin - Page 2

Lunch · 14-10-2017, 07:40 PM

So tempted..

gkhn · 14-10-2017, 10:52 PM

Go get it before it hits 10k

Quote:

Originally Posted by Lunch

So tempted..

gkhn · 14-10-2017, 11:05 PM

Holding is rewarding.
BTC is trading $7300AUD today.
It hurts my heart if I see someone selling their bitcoin..
It is only going up.

Quote:

Originally Posted by malazn mafia

Cashed out when it hit $7000 a coin yesterday. No regrets. I'm not into long term investments , who is promised that they'll even be around tomorrow or next week to enjoy the benefits

nuthin' fancy · 14-10-2017, 11:53 PM

Quote:

Originally Posted by gkhn

Holding is rewarding.
BTC is trading $7300AUD today.
It hurts my heart if I see someone selling their bitcoin..
It is only going up.

Only fools speak in absolutes.

gkhn · 14-10-2017, 11:57 PM

It is going up more than it is going down historicaly.
It survived for 10 years.
You can call me fool but you cannot change the price.
I hope you get your bitcoin before it skyrockets.

Quote:

Originally Posted by nuthin' fancy

Only fools speak in absolutes.

winstor · 15-10-2017, 03:57 AM

Could have bought at $20 a coin. In hindsight...

gkhn · 15-10-2017, 05:04 AM

The time is now.
You will say in two years.. Could have bought at $7000.

Quote:

Originally Posted by winstor

Could have bought at $20 a coin. In hindsight...

**GO FURTHER** · 15-10-2017, 11:44 AM

A misunderstanding by many is that they cannot afford to buy a Bitcoin at the current value of AUD$7,000 plus.

It's not like buying shares, in that you must buy a parcel or at least one.

You don't have to buy a whole Bitcoin... You can buy just a percentage of one.

So if you like you could invest $100, $500 or any amount you can afford.

So if the price of one Bitcoin goes up by 50%... Then your initial $100 investment is also worth $150 in Bitcoin.

gkhn · 15-10-2017, 11:50 AM

Yes, this is huge.
You can get 0.1 bitcoin if you wanted to which is worth 740 AUD today

Quote:

Originally Posted by GO FURTHER

A misunderstanding by many is that they cannot afford to buy a Bitcoin at the current value of AUD$7,000 plus.

It's not like buying shares, in that you must buy a parcel or at least one.

You don't have to buy a whole Bitcoin... You can buy just a percentage of one.

So if you like you could invest $100, $500 or any amount you can afford.

So if the price of one Bitcoin goes up by 50%... Then your initial $100 investment is also worth $150 in Bitcoin.

gkhn · 15-10-2017, 12:52 PM

Don't forget the blockchain technology is there because of bitcoin

Quote:

Originally Posted by Wretched

Bitcoin is here to stay, but what will be more significant in the coming year will be the uptake and further use of its underlying technology, blockchain.

Trump · 15-10-2017, 04:51 PM

A Bitcoin-type of currency will not survive for one reason only: those that hold the real, tangible wealth of the world will not allow a monetary system that denies them their cut and takes away their ability to keep the rest of the world in a modern day serfdom. If and only if they find a way to make blockchain not only maintain their wealth and control, but increase it, will it ever be allowed to replace the current crop of fiat currencies.

Work Horse · 15-10-2017, 05:37 PM

Blockchain technology is interesting, and may be the next big thing.

Is Bitcoin Google or Ask Jeeves?

gkhn · 15-10-2017, 05:53 PM

Some have been saying that for years.
Bitcoin has managed to survive for 10 years.
It is not going anywhere.
It is fundamentally designed to go up in price...

Quote:

Originally Posted by Trump

A Bitcoin-type of currency will not survive for one reason only: those that hold the real, tangible wealth of the world will not allow a monetary system that denies them their cut and takes away their ability to keep the rest of the world in a modern day serfdom. If and only if they find a way to make blockchain not only maintain their wealth and control, but increase it, will it ever be allowed to replace the current crop of fiat currencies.

gkhn · 15-10-2017, 06:01 PM

None.
It will change those companies too.
They will either accept the change or be obsolete.

Quote:

Originally Posted by Work Horse

Blockchain technology is interesting, and may be the next big thing.

Is Bitcoin Google or Ask Jeeves?

**GO FURTHER** · 15-10-2017, 06:15 PM

Quote:

Originally Posted by Trump

A Bitcoin-type of currency will not survive for one reason only: those that hold the real, tangible wealth of the world will not allow a monetary system that denies them their cut and takes away their ability to keep the rest of the world in a modern day serfdom. If and only if they find a way to make blockchain not only maintain their wealth and control, but increase it, will it ever be allowed to replace the current crop of fiat currencies.

Let me play the Devil's advocate here...

But what if the illuminati / Rothschild clan are really the anonymous founders or secret backers of Bitcoin or other cryptocurrencies, and hedging their bets against the future crash of the US$ and fiat currencies or its all part of the future "new world order" and monetary system.

Trump · 15-10-2017, 06:26 PM

Quote:

Originally Posted by GO FURTHER

Let me play the Devil's advocate here...

But what if the illuminati / Rothschild clan are really the anonymous founders or secret backers of Bitcoin or other cryptocurrencies, and hedging their bets against the future crash of the US$ and fiat currencies or its all part of the future "new world order" and monetary system.

I doubt the creation of blockchain-based currency was the result of conspiratorial thinking and actions; the integrity of the blockchain fails when tampering and other nefarious manipulation is attempted. It isn't simply a case of trust being betrayed in the user base, the whole blockchain disintegrates.

If it were a creation of the financial elite, there would be some sort of backdoor or other way for them to be able to manipulate at will. As far as anyone can tell, no such backdoors exist.

Work Horse · 15-10-2017, 07:21 PM

Quote:

Originally Posted by gkhn

None.
It will change those companies too.
They will either accept the change or be obsolete.

Careful mate you are going to burn out that crystal ball you are looking into!

No one can predict the future, but it's fun trying.

I'm old, most of my life was per internet. People said the internet was the next big thing. When the internet started I could have invested in Google or Ask Jeeves, I didn't. I understand the next big thing.

Blockchain technology may be the next big thing, like the internet was in my living memory.

Bitcoin is a side player in the whole next big thing. It could be like Google or it could be like Ask Jeeves IMHO....

gkhn · 15-10-2017, 07:36 PM

This is not a prediction.
This is based on mathematical formulas.
Bitcoin is not a side player.
Bitcoin is the one!
Blockchain was created by the same team.
Centralised companies will also adapt these technologies.

Why didn't you invest in Google then?
Why can't you learn from your mistakes and invest in this "next big thing"?
Coulda, woulda, shoulda won't help.
You can either plant your seeds now or you will regret it tomorrow.
The choice is yours.

Quote:

Originally Posted by Work Horse

Careful mate you are going to burn out that crystal ball you are looking into!

No one can predict the future, but it's fun trying.

I'm old, most of my life was per internet. People said the internet was the next big thing. When the internet started I could have invested in Google or Ask Jeeves, I didn't. I understand the next big thing.

Blockchain technology may be the next big thing, like the internet was in my living memory.

Bitcoin is a side player in the whole next big thing. It could be like Google or it could be like Ask Jeeves IMHO....

Trump · 15-10-2017, 07:45 PM

Quote:

Originally Posted by gkhn

This is not a prediction.
This is based on mathematical formulas.
Bitcoin is not a side player.
Bitcoin is the one!
Blockchain was created by the same team.
Centralised companies will also adapt these technologies.

Why didn't you invest in Google then?
Why can't you learn from your mistakes and invest in this "next big thing"?
Coulda, woulda, shoulda won't help.
You can either plant your seeds now or you will regret it tomorrow.
The choice is yours.

There's a big difference between Google and Bitcoin and the other blockchain-based currencies. Google was a slow burn (comparatively speaking) to get to where it is, both in reach and value. The behaviour of and subsequent increase in perceived value of Bitcoin et al has been very similar to the tulip mania that swept the Dutch republic in the 17th century.

I'm in IT and whilst I can appreciate the technology behind the blockchain concept, the fervent speculation associated with the currencies based on it isn't conducive to something that has to be stable enough to act as a medium of exchange and be a store of wealth.

pottery beige · 15-10-2017, 08:00 PM

I have some tulips and a spare bridge for sale

inbox me

Work Horse · 15-10-2017, 08:01 PM

Quote:

Originally Posted by gkhn

This is not a prediction.
This is based on mathematical formulas.
Bitcoin is not a side player.
Bitcoin is the one!
Blockchain was created by the same team.
Centralised companies will also adapt these technologies.

Why didn't you invest in Google then?
Why can't you learn from your mistakes and invest in this "next big thing"?
Coulda, woulda, shoulda won't help.
You can either plant your seeds now or you will regret it tomorrow.
The choice is yours.

So many questions?!

Why are you being so obtuse?

Are you a troll?

You think bitcoin is the next big thing.

I know no one knows the future, move on nothing to see here.

gkhn · 15-10-2017, 08:07 PM

Historically it has been..
It has been growing 300 to 400 percent every year

May be I asked so many questions but the real question is.
Do you have bitcoins?

Quote:

Originally Posted by Work Horse

So many questions?!

Why are you being so obtuse?

Are you a troll?

You think bitcoin is the next big thing.

I know no one knows the future, move on nothing to see here.

gkhn · 15-10-2017, 08:08 PM

How many bitcoins you are asking?

Quote:

Originally Posted by pottery beige

I have some tulips and a spare bridge for sale

inbox me

Work Horse · 15-10-2017, 08:27 PM

Quote:

Originally Posted by gkhn

Historically it has been..
It has been growing 300 to 400 percent every year

'Past Performance Is No Guarantee of Future Results'. This phase or similar must be quoted by law in all financial advise given in Australia and many other countries world wide for good reason.

Quote:

Originally Posted by gkhn

May be I asked so many questions but the real question is.
Do you have bitcoins?

No all my money is tied up in My Space shares. It's the next big thing!!!!

See what I did there?

**fordomatic** · 15-10-2017, 08:58 PM

I invested into so called "great" alt coins two months ago, Neo, TenX, CVC, IOT, STRAT. Right now i'm down 50%, i'm not convinced at all. It's crazy how volatile the market is, i've watched coins go up 4000% in a day and i've watched them plummet to nothing and then recover in 6 hours. I'm unsure whether to cash out now and keep my 50% or just hold on.

gkhn · 15-10-2017, 09:02 PM

Easy to get hyped and smash your money into alts..
I would be really cautious with any alt coin.
In the long run, you better hold bitcoin as it has been going up

Quote:

Originally Posted by fordomatic

I invested into so called "great" alt coins two months ago, Neo, TenX, CVC, IOT, STRAT. Right now i'm down 50%, i'm not convinced at all. It's crazy how volatile the market is, i've watched coins go up 4000% in a day and i've watched them plummet to nothing and then recover in 6 hours. I'm unsure whether to cash out now and keep my 50% or just hold on.

gkhn · 15-10-2017, 09:03 PM

Sell your myspace before it is worth nothing...

Quote:

Originally Posted by Work Horse

'Past Performance Is No Guarantee of Future Results'. This phase or similar must be quoted by law in all financial advise given in Australia and many other countries world wide for good reason.

No all my money is tied up in My Space shares. It's the next big thing!!!!

See what I did there?

Work Horse · 15-10-2017, 09:35 PM

Quote:

Originally Posted by gkhn

Sell your myspace before it is worth nothing...

My humor is wasted on bots...

Mercury Bullet · 15-10-2017, 10:22 PM

My head hurts....

Ps. I thought it was a great joke work horse.
Doncha hate it when they go straight through to the keeper?

raised by monkeys · 15-10-2017, 10:32 PM

It must be a coincidence that any 'person' responding re: bitcoin sounds copied and pasted. My advice is not to drink the coolade.