Bitcoin ATM
- GordonH
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Re: Bitcoin ATM
Wonder how many people are kicking themselves (including myself) for not buying 5,000 bitcoin @ .008 = $40 (when it first came out in 2009)
Now that worth $21,565,500.
Now that worth $21,565,500.
I don't give a damn whether people/posters like me or dislike me, I'm not on earth to win any popularity contests.
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Re: Bitcoin ATM
GordonH wrote:Wonder how many people are kicking themselves (including myself) for not buying 5,000 bitcoin @ .008 = $40 (when it first came out in 2009)
Now that worth $21,565,500.
Not many. It was just an idea back then. Its not even too late now. Next evaluation is around the $7,000 mark.
The cost of entry is just a bit higher.
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Re: Bitcoin ATM
GordonH wrote:Wonder how many people are kicking themselves (including myself) for not buying 5,000 bitcoin @ .008 = $40 (when it first came out in 2009)
Now that worth $21,565,500.
But, how many would have held on to it the entire time. That's the tough part and is no different than any investment, especially highly speculative ones.
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Re: Bitcoin ATM
In another thread I suggested you invest in Litecoin, Ethereum, ripple. All have doubled in value since then. So an investment of only $50K, you'd have doubled your money.
You could have pocketed the $50K profit and still have the same amount of coins invested.
The future is bright, and cryptocurrencies are still in their early stages of growth.
You could have pocketed the $50K profit and still have the same amount of coins invested.
The future is bright, and cryptocurrencies are still in their early stages of growth.
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Re: Bitcoin ATM
There's new ones popping up all the time. I recently bought 40 coins of BNB coin not sure where it will go.
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Re: Bitcoin ATM
You definitely want to do your research on the coins.
I would stick to investing mostly in the titans: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.
If you have a look at https://coinmarketcap.com/ invest in the top 10.
Research and invest decisively in the 10 to 20
And go ahead and gamble you money on the cheap ones.
I would stick to investing mostly in the titans: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.
If you have a look at https://coinmarketcap.com/ invest in the top 10.
Research and invest decisively in the 10 to 20
And go ahead and gamble you money on the cheap ones.
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Re: Bitcoin ATM
Bitcoin at $9300
Argghh so regret not buying 1000 of them when I first learned about them in 2010.
Argghh so regret not buying 1000 of them when I first learned about them in 2010.
- GordonH
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Re: Bitcoin ATM
Just think what a $100 investment when it was 1 cent would be today.
1 Bitcoin is at $21,489.22 Canadian
ouch is right
1 Bitcoin is at $21,489.22 Canadian
ouch is right
I don't give a damn whether people/posters like me or dislike me, I'm not on earth to win any popularity contests.
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Re: Bitcoin ATM
I know a few people who've invested in this - but I don't know, there's just something not right about this.
https://www.cnbc.com/2017/12/08/where-w ... money.html
Like they say, if its too good to be true - it probably is.
https://www.cnbc.com/2017/12/08/where-w ... money.html
Like they say, if its too good to be true - it probably is.
Nobody wants to hear your opinion. They just want to hear their own opinion coming out of your mouth.
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Re: Bitcoin ATM
Im still holding my 2.
Still kicking myself in the butt for not buying a $1000 worth back in 2010. That and trican stock when it dropped to 30 cents a share
Still kicking myself in the butt for not buying a $1000 worth back in 2010. That and trican stock when it dropped to 30 cents a share
- Woodenhead
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Re: Bitcoin ATM
heh, I remember losing a few hundred BTC due to the Mt. Gox debacle. (not mine, was a donation pool for running a website). Luckily, we didn't lose all of it, and the site carries on today largely due to the massive increase in BTC value.
Your bias suits you.
- GordonH
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Re: Bitcoin ATM
GordonH wrote:Just think what a $100 investment when it was 1 cent would be today.
1 Bitcoin is at $21,489.22 Canadian
ouch is right
So $100 dollars investment back when Bitcoin was 1cent per/Bitcoin = 10,000 coins
10,000 × $21,489.20 = here is that ouch moment, now if you waited & sold them at that price $214,892,000
I don't give a damn whether people/posters like me or dislike me, I'm not on earth to win any popularity contests.
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Re: Bitcoin ATM
When bitcoin first came out it was .08 cents. Im not sure but I dont think you could go out and buy them. A person would have to mine them.
- GordonH
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Re: Bitcoin ATM
Gixxer wrote:When bitcoin first came out it was .08 cents. Im not sure but I dont think you could go out and buy them. A person would have to mine them.
Oops my bad, so one mines for 10,000 bitcoins at a cost of $800 dollars instead of $100 dollars. It could be done, since 1 person was able to mine for 1 million bitcoins in the earliest days.
I don't give a damn whether people/posters like me or dislike me, I'm not on earth to win any popularity contests.
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Re: Bitcoin ATM
Mining wasnt that easy, and it was at random. In the begining the blockchain algorithm was easier to solve, and a miner could get 25 bitcoins. As the blockchain became more difficult miners would have to pool together and split the 25 bitcoin reward.