HeinzTomatoSoup Posted December 14, 2017 Share Posted December 14, 2017 1 minute ago, graygo said: It's JKB, I think most of the folk on this thread see it as a bit of fun not a means to invest for their retirement. Speak to an independent financial advisor would be my advice. I just mean, if i had invested a few years back then i could have probably could have retired going by some of the figures branded about earlier in this thread. So maybe i'm best looking elsewhere if there is unlikely going to be a decent return on my investment. But Bitcoin is still relatively unknown or unused so still alot of opportunity for growth. Passive investment is being in it for the long run, which maybe seems like a good way to go for when i do retire. Quote Link to comment Share on other sites More sharing options...
graygo Posted December 14, 2017 Share Posted December 14, 2017 9 minutes ago, HeinzTomatoSoup said: I just mean, if i had invested a few years back then i could have probably could have retired going by some of the figures branded about earlier in this thread. So maybe i'm best looking elsewhere if there is unlikely going to be a decent return on my investment. But Bitcoin is still relatively unknown or unused so still alot of opportunity for growth. Passive investment is being in it for the long run, which maybe seems like a good way to go for when i do retire. Fair enough, my last sentence stands though. Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 14, 2017 Author Share Posted December 14, 2017 19 minutes ago, HeinzTomatoSoup said: I just mean, if i had invested a few years back then i could have probably could have retired going by some of the figures branded about earlier in this thread. So maybe i'm best looking elsewhere if there is unlikely going to be a decent return on my investment. But Bitcoin is still relatively unknown or unused so still alot of opportunity for growth. Passive investment is being in it for the long run, which maybe seems like a good way to go for when i do retire. There is potential for growth, but the truth is the market's mental, unpredictable as ****. I think people are crazy putting serious money into this. It's far too volatile to trust your future with. Quote Link to comment Share on other sites More sharing options...
jack D and coke Posted December 14, 2017 Share Posted December 14, 2017 28 minutes ago, graygo said: It's JKB, I think most of the folk on this thread see it as a bit of fun not a means to invest for their retirement. Speak to an independent financial advisor would be my advice. I don’t think you should speak to any financial advisor personally. They are like the rest of us in that they only have opinions. I have two mates who are both in that job and they couldnt have more opposing views on it. One of my mates is literally seething about bitcoin and cryptos and is praying for its demise just so he can be proved right. If you get someone like that what kind of advice is he going to give you? Certainly not balanced. I’ve had advice in the past that has turned out to absolutely woeful and if I’d went with my own instincts I’d have saved myself a lot of money. I wouldn’t put my mortgage on anything and if you keep it that way you won’t get too burned. Quote Link to comment Share on other sites More sharing options...
HeartOfWestLothian Posted December 14, 2017 Share Posted December 14, 2017 1 hour ago, HeinzTomatoSoup said: Do people think its too late now to jump on the bandwagon and buy bitcoin? i have been looking into investments lately but not sure i want to put my eggs all in one basket so to speak. Was looking at backing multiple markets suppose to one using passive investment strategies. I would look at Ethereum and Litecoin if I was you, I think they have more room to grow over the next year than Bitcoin. Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 14, 2017 Share Posted December 14, 2017 If I was to give any advice it would be to get involved in Bitcoin. Only reason is I’ve just exchanged my Bitcoin for IOTA and nap Bitcoin will surge and IOTA to take a dive Quote Link to comment Share on other sites More sharing options...
jack D and coke Posted December 14, 2017 Share Posted December 14, 2017 9 minutes ago, Rudolf's Mate said: If I was to give any advice it would be to get involved in Bitcoin. Only reason is I’ve just exchanged my Bitcoin for IOTA and nap Bitcoin will surge and IOTA to take a dive You’re no real mate!! I only thought I was impatient and impulsive Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 14, 2017 Share Posted December 14, 2017 1 minute ago, jack D and coke said: You’re no real mate!! I only thought I was impatient and impulsive Its more a case of me wanting to test things out such as sending externally and also applying a trade. I was going to stick some more in to do this but thought seeing as it’s going to take an almighty surge just to even get back my fees etc I might as well use what’s already in there. But yes, itchy feet (fingers) also played a bit part The IOTA’s will be staying put though. Those are there for the long, long term. Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 14, 2017 Author Share Posted December 14, 2017 (edited) 15 minutes ago, Rudolf's Mate said: Its more a case of me wanting to test things out such as sending externally and also applying a trade. I was going to stick some more in to do this but thought seeing as it’s going to take an almighty surge just to even get back my fees etc I might as well use what’s already in there. But yes, itchy feet (fingers) also played a bit part The IOTA’s will be staying put though. Those are there for the long, long term. Iota took a mental jump off 400% when a partnership with microsoft was in the news, but it's come out that they're not partners, they're just a participant in testing their technology. That market's going south IMO https://www.cryptocoinsnews.com/iota-price-drops-co-founder-admits-microsoft-not-partner-participant/ Edited December 14, 2017 by Smithee Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 14, 2017 Share Posted December 14, 2017 7 minutes ago, Smithee said: Iota took a mental jump off 400% when a partnership with microsoft was in the news, but it's come out that they're not partners, they're just a participant in testing their technology. That market's going south IMO https://www.cryptocoinsnews.com/iota-price-drops-co-founder-admits-microsoft-not-partner-participant/ Its about £32 invested. If it hits zero I’ll no be pissing my pants at the prospect ??♂️ Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 14, 2017 Author Share Posted December 14, 2017 4 minutes ago, Rudolf's Mate said: Its about £32 invested. If it hits zero I’ll no be pissing my pants at the prospect ??♂️ Quite right too Quote Link to comment Share on other sites More sharing options...
Ray Gin Posted December 14, 2017 Share Posted December 14, 2017 10 minutes ago, Rudolf's Mate said: Its about £32 invested. If it hits zero I’ll no be pissing my pants at the prospect ??♂️ You won't care one iota? Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 14, 2017 Share Posted December 14, 2017 8 minutes ago, Ray Gin said: You won't care one iota? I read the link that Smithee posted and despite the price drop of yesterday, IMO the article actually paints a better picture than a bleak one. I read IOTA’s white paper which, along with the price was a reason I was happy to throw a little amount of cash at. Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 14, 2017 Author Share Posted December 14, 2017 1 minute ago, Rudolf's Mate said: I read the link that Smithee posted and despite the price drop of yesterday, IMO the article actually paints a better picture than a bleak one. I read IOTA’s white paper which, along with the price was a reason I was happy to throw a little amount of cash at. What's your thoughts? Is Tangle a big deal? Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 14, 2017 Share Posted December 14, 2017 8 minutes ago, Smithee said: What's your thoughts? Is Tangle a big deal? If I genuinely thought it was I’d have stuck more than £30 odd on IOTA’s however it doesn’t stop me from taking a pretty uneducated punt. Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 14, 2017 Author Share Posted December 14, 2017 8 minutes ago, Rudolf's Mate said: If I genuinely thought it was I’d have stuck more than £30 odd on IOTA’s however it doesn’t stop me from taking a pretty uneducated punt. I read the thing and didn't understand the more techy side of it but I got good and bad from it. The good is that to have a transaction go through your node has to process two transactions, which takes out the need for the blockchain transaction fee. The bad is that the ledger isn't synced up everywhere and contradictory transactions are possible. This could be exploited to my technologically simple mind. Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 14, 2017 Share Posted December 14, 2017 4 minutes ago, Smithee said: I read the thing and didn't understand the more techy side of it but I got good and bad from it. The good is that to have a transaction go through your node has to process two transactions, which takes out the need for the blockchain transaction fee. The bad is that the ledger isn't synced up everywhere and contradictory transactions are possible. This could be exploited to my technologically simple mind. They seem to think that it’s more secure. Admittedly I know zilch about this aspect. I’d looked a Tron as well and read that IBM was heavily or about to be involved with them. Tbh I was leaning towards them however I saw IOTA price drop and thought ah **** it. Quote Link to comment Share on other sites More sharing options...
hughesie27 Posted December 14, 2017 Share Posted December 14, 2017 Been just over a week since my £50 bitcoin was bought. It's basically stayed at around the £60 level (which is reached within a few hours after buying) since then. From what I've seen it hit a low of about £53 and a high of £68. Quote Link to comment Share on other sites More sharing options...
jack D and coke Posted December 14, 2017 Share Posted December 14, 2017 16 minutes ago, hughesie27 said: Been just over a week since my £50 bitcoin was bought. It's basically stayed at around the £60 level (which is reached within a few hours after buying) since then. From what I've seen it hit a low of about £53 and a high of £68. Ethereum is where the big rises have been this week. Up 45% in two days. Quote Link to comment Share on other sites More sharing options...
HeartOfWestLothian Posted December 14, 2017 Share Posted December 14, 2017 https://twitter.com/koeppelmann/status/940690809049010176 Quote Link to comment Share on other sites More sharing options...
Homme Posted December 14, 2017 Share Posted December 14, 2017 Ok so it's payday tomorrow and i fancy getting involved after reading this thread. I've £40 that i'm happy to blow if nothing else. Can anyone provide links to where i can read up on stuff that has been mentioned already and perhaps some that haven't. Links to buy as well. Thanks in advance. Quote Link to comment Share on other sites More sharing options...
Ray Gin Posted December 14, 2017 Share Posted December 14, 2017 34 minutes ago, jack D and coke said: Ethereum is where the big rises have been this week. Up 45% in two days. Yep. Glad I didn't hedge all my bets on Litecoin and split it with Ethereum. Up £100 on Etherium. Up 75p on Litecoin. Up £140 on Bitcoin. All a bit down on yesterday though. Quote Link to comment Share on other sites More sharing options...
William H. Bonney Posted December 14, 2017 Share Posted December 14, 2017 I was advised to invest in vertcoin so that's where my money has gone. No sure it will achieve rises like Bitcoin but you never know. Quote Link to comment Share on other sites More sharing options...
Ray Gin Posted December 14, 2017 Share Posted December 14, 2017 Litecoin is having an absolute 'mare today. Quote Link to comment Share on other sites More sharing options...
HeartOfWestLothian Posted December 14, 2017 Share Posted December 14, 2017 29 minutes ago, Ray Gin said: Litecoin is having an absolute 'mare today. Weak hands cashing out hopefully. Quote Link to comment Share on other sites More sharing options...
Dean Winchester Posted December 14, 2017 Share Posted December 14, 2017 5 minutes ago, HeartOfWestLothian said: Weak hands cashing out hopefully. Almost definitely. Pretty sure they've all been switching to XRP. I expect XRP to drop a fair bit over the next day and LTC to slowly rise back up. Quote Link to comment Share on other sites More sharing options...
Watt-Zeefuik Posted December 14, 2017 Share Posted December 14, 2017 9 hours ago, HeinzTomatoSoup said: Do people think its too late now to jump on the bandwagon and buy bitcoin? i have been looking into investments lately but not sure i want to put my eggs all in one basket so to speak. Was looking at backing multiple markets suppose to one using passive investment strategies. Look at this way -- every day there is some equity, somewhere in the world, that is blowing up, and if you'd gotten in on it you could have gotten rich. But you didn't know about it or you guessed wrong so you didn't. At the same time, there are even more people trying to get in on these kinds of things and losing their shirts because they got taken for a ride or just got unlucky. Thinking about what you're missing out on will make you go insane, and it's not worth it, because likely as not if you'd tried to get in on it you'd have missed the boat by timing it wrong, gotten fleeced, or just been unlucky. Invest in what you know and in markets you understand, preferably where you know and are sure you can trust some people involved. Even better if it helps someone do something good. You probably won't get the explosive returns, but getting those is like buying a lottery ticket. Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 15, 2017 Author Share Posted December 15, 2017 17 hours ago, Homme said: Ok so it's payday tomorrow and i fancy getting involved after reading this thread. I've £40 that i'm happy to blow if nothing else. Can anyone provide links to where i can read up on stuff that has been mentioned already and perhaps some that haven't. Links to buy as well. Thanks in advance. I don't know how to answer this, everything I know is on this thread! From what I've read though a lot of your 40 quid could be eaten up by fees so double check everything before going ahead. I haven't had much bother with fees myself (I'm wondering if it's because I do everything in euros) but plenty have complained about them. Use Google, there's loads of chat out there about the subject. I'm betting on the market dropping for a little while before recovering and growing again so separate from my original 100gbp in Bitcoin which is going nowhere, I've got 70 euros in Coinbase, waiting to pounce. I'll add dribs and drabs until the time's right. Good luck Quote Link to comment Share on other sites More sharing options...
hughesie27 Posted December 15, 2017 Share Posted December 15, 2017 Strongest day for Bitcoin I've seen for the last week. Very little movement but maintaining a +£13k level. Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 16, 2017 Share Posted December 16, 2017 Does anyone have any experience of buying coins or tokens at the initial offering stage? Quote Link to comment Share on other sites More sharing options...
hughesie27 Posted December 16, 2017 Share Posted December 16, 2017 Bitcoin Quote Link to comment Share on other sites More sharing options...
Kalamazoo Jambo Posted December 16, 2017 Share Posted December 16, 2017 Bubbletastic thread. Quote Link to comment Share on other sites More sharing options...
Ray Gin Posted December 16, 2017 Share Posted December 16, 2017 2 hours ago, hughesie27 said: Bitcoin Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 16, 2017 Author Share Posted December 16, 2017 (edited) 2 hours ago, Kalamazoo Jambo said: Bubbletastic thread. I'd like to think everyone involved here knows there's a significant chance of losing the lot, that's the nature of speculation. But you're right of course, the only questions are when does the bubble burst and how big will the drop be. But honestly, I've never traded stocks or anything so I've nothing to compare it to but it's a mental rush when there's a surge in value, totally worth what I've put in Edited December 16, 2017 by Smithee Quote Link to comment Share on other sites More sharing options...
redjambo Posted December 16, 2017 Share Posted December 16, 2017 1 hour ago, Smithee said: I'd like to think everyone involved here knows there's a significant chance of losing the lot, that's the nature of speculation. But you're right of course, the only questions are when does the bubble burst and how big will the drop be. But honestly, I've never traded stocks or anything so I've nothing to compare it to but it's a mental rush when there's a surge in value, totally worth what I've put in In case you ever need it. https://www.gamblersanonymous.org.uk/ Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 16, 2017 Author Share Posted December 16, 2017 11 minutes ago, redjambo said: In case you ever need it. https://www.gamblersanonymous.org.uk/ Bookmarked Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 16, 2017 Share Posted December 16, 2017 I don’t see anyone saying they’ve gone baw deep and sunk their life savings in anything so not sure why some are eager to try and ram home what everyone ultimately knows. The only money I’m sticking in is the cash I was wasting on my footy coupons. Quote Link to comment Share on other sites More sharing options...
graygo Posted December 17, 2017 Share Posted December 17, 2017 6 hours ago, Rudolf's Mate said: I don’t see anyone saying they’ve gone baw deep and sunk their life savings in anything so not sure why some are eager to try and ram home what everyone ultimately knows. The only money I’m sticking in is the cash I was wasting on my footy coupons. Zactly - bit of fun. Put £100 in it and loving watching how it does. Could end with nothing but having fun watching it, just like a bet at the bookies. Quote Link to comment Share on other sites More sharing options...
Ray Gin Posted December 17, 2017 Share Posted December 17, 2017 £430 up now. Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 17, 2017 Share Posted December 17, 2017 12 hours ago, graygo said: Zactly - bit of fun. Put £100 in it and loving watching how it does. Could end with nothing but having fun watching it, just like a bet at the bookies. Pretty much how I see it. I moved my paltry £36 odds from Bitcoin elsewhere simply because even with huge surges it wasn’t going to make much difference to me. It’s been mentioned that within 20 years it could hit $1M per Bitcoin but that would be 20 years to see my investment grow to around £1700. Personally I’d rather take punts elsewhere. Quote Link to comment Share on other sites More sharing options...
heartsfc_fan Posted December 19, 2017 Share Posted December 19, 2017 Litecoin up overnight Quote Link to comment Share on other sites More sharing options...
Ray Gin Posted December 19, 2017 Share Posted December 19, 2017 £500 barrier smashed, thanks Litecoin. Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 19, 2017 Share Posted December 19, 2017 Ethereum looking unstoppable at moment ? Quote Link to comment Share on other sites More sharing options...
Nixie Posted December 19, 2017 Share Posted December 19, 2017 Etherium £1000 before the end of the year. Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 19, 2017 Share Posted December 19, 2017 I’m in danger of recovering the money I lost on fees! Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 19, 2017 Author Share Posted December 19, 2017 13 minutes ago, Rudolf's Mate said: I’m in danger of recovering the money I lost on fees! Good eh? I'm hoping Ripple's next Quote Link to comment Share on other sites More sharing options...
Unknown user Posted December 20, 2017 Author Share Posted December 20, 2017 A Korean exchange has been hacked which has caused bitcoin to plunge a bit. I've jumped on the opportunity and sold my Ripple for bitcoin in the hope the bounce back will net a nice profit Quote Link to comment Share on other sites More sharing options...
Jeff Posted December 20, 2017 Share Posted December 20, 2017 Perfect time to buy is now. Will be 20k by new years Quote Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted December 20, 2017 Share Posted December 20, 2017 10 hours ago, Smithee said: Good eh? I'm hoping Ripple's next Haha no gonna get my hopes up just yet. Looks lime Bitcoin Cash is enjoying a bit of a surge, no doubt at Bitcoins expense. More than doubled in last week alone. Quote Link to comment Share on other sites More sharing options...
HeinzTomatoSoup Posted December 20, 2017 Share Posted December 20, 2017 53 minutes ago, Smithee said: A Korean exchange has been hacked which has caused bitcoin to plunge a bit. I've jumped on the opportunity and sold my Ripple for bitcoin in the hope the bounce back will net a nice profit Or it could be the start of the bubble bursting? 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.