Cryptocurrency

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FlySurfer said..
Can somebody tell me how much I would've made had I invested $10000 in BTC back in 17 Oct 2011 6:43PM when I was considering it?
Here bottom of page: www.seabreeze.com.au/forums/General-Discussion/Chat/world-peoples-movement?page=1

You don't want to know.

You probably would have spent it by now.





















No really. You don't.














Or worse, you could have lost it. Been able to see the contents of the address, but lost the keys to unlock it.
That would be the worst outcome.



















Don't do it FlySurfer. Close the browser now.































Last chance.



















It was trading @ $2.40 on 17/10/2011
www.xe.com/currencycharts/?from=XBT&to=AUD&view=10Y

You'd have 4,166 btc.

It is now trading at $8,000.

About $32m.

...I am never skipping a posted video again.

Bitcoin up another 5% today, ETH up too. Had to have a double take on my blockfolio this morning as I thought it must have been a mistake.

Oh look Panda

https://connectsocial.io/

Hooked up with these guys last night on Telegram. Social Media on the Blockchain.

This is a new ICO out of Brisbane of all places.

You should tell them that blockchain is not suitable for Social Media.

You must be getting muddled up - so many forks. The last fork was Bitcoin Gold not Bitcoin Cash - that was months ago.

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FlySurfer said..

evlPanda said..
About $32m.
...I am never skipping a posted video again.
.
.

And instead I invested in an oil (LON:OLWP) and coffee (LON:COFF) ETF among other losers, bcos of the sudo war against Russia, turmoil in the middleeast, and coffee tree infections ... But I can pretty much guarantee if I had invested in BTC nobody would be talking about it now, seriously I have this special ability.

Not sure you skipped the video bcos you linked to: arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/

And a page later back in 19 Oct 2011 9:32PM

I wrote:

I see gold ~ US$1400.
I see A$ @ 0.70
I see property in a death spiral, and those with debt been hammer by the banks.
PS: I still have a farked eye.

LOL.. total loser, but another funny but unfortunate event, my farked eye became farked again this week... CSR :(

This is hilarious. Please don't invest In crypto now.

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FlySurfer said..

evlPanda said..
About $32m.
...I am never skipping a posted video again.
.
.

And instead I invested triple that in an oil (LON:OLWP) and coffee (LON:COFF) ETF among other losers, bcos of the sudo war against Russia, turmoil in the middleeast, and coffee tree infections ... But I can pretty much guarantee if I had invested in BTC nobody would be talking about it now, seriously I have this special ability.

Not sure you skipped the video bcos you linked to: arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/

And a page later back in 19 Oct 2011 9:32PM

I wrote:

I see gold ~ US$1400.
I see A$ @ 0.70
I see property in a death spiral, and those with debt been hammer by the banks.
PS: I still have a farked eye.

LOL.. total loser, but another funny and unfortunate event, my farked eye became farked again this week... CSR :(

Take it easy, FlySurfer...
Even Einstein missed his lifetime opportunity to become filthy rich.
If only he had gotten a second mortgage on his house in Bern, Switzerland, in 1905, and invested the money in known uranium deposits before telling the world that E=Mc2, he would be a billioneare.

https://www.aussiecryptotrader.com/gettingstarted/

Blockchain is not suitable for social media. What are you transacting of value on Social Media? Likes?
Yes, you absolutely can use blockchain for social media. But why? That is the question. It's not appropriate as the run-of-the-mill behemoth, bullet-proof, battle-tested databases like Oracle and co, nor is it as applicable as something like NoSQL. So why use blockchain as a database except to be using a buzzword?

Reminds me of projects around the turn of the century that had to be using Oracle to get funding. They'd use Oracle to store a config script.

Here are the co-founders:



Ah, BTG. I'd forgotten that even went live. Opens to public tomorrow, but f'd if I know how to move it to an exchange, or an exchange that will exchange it, or who's behind it, or where it's at, nor if it's even remotely safe to move it (it's not). Bit of a fizzle.

I just got to ask how bitcoins get stolen from mtgox when it is meant to be transparent and traceable?

"The company said it had lost almost 750,000 of its customers' bitcoins, and around 100,000 of its own bitcoins, totaling around 7% of all bitcoins, and worth around $473 million near the time of the filing.[72][73] Mt. Gox released a statement saying, "The company believes there is a high possibility that the bitcoins were stolen," blamed hackers, and began a search for the missing bitcoin.[10][37] Chief Executive Karpel?s said technical issues opened up the way for fraudulent withdrawals."

https://blockchain.info/block-index/147599

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FlySurfer said..
LOL.. total loser, but another funny and unfortunate event, my farked eye became farked again this week... CSR :(

If you had bought $10k's worth at $2.50 at what point would you have freaked out, and exchanged some or all of the btc back to dollars, or something else like property? @ $100? @ $500? @ $1,000? Surely you'd not have held al of it until now. That would be foolish.

Or worse. I'm helping someone right now by brute forcing their encrypted drive that has btc on it from many years ago. They have forgotten he password (but have some ideas to narrow it down).

Ok I'll answer some more.

Ask them Einstein.

Their ICO doesn't appeal to me - too ambitious and un-original.

I think something like this may have a better chance. cartaxi.io/

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cryptotrader said..
You can steal money, you can steal bitcoin - what's hard to undertand?

Not the answer everyone was expecting. After reading about how wonderful the distributed ledger is, and how secure it all is...your now telling us it's no different than what we already have. Not so special after all. Probably worse. Meh.

cant even afford to pay for your ****ing bit coin >how the **** do you expect to make money. Gona end up owing a lot people money. rule 1 * don't owe anyone anything ... . I cant repair you your to ****ed. .

Bitcoin is for uneducated/ pyramid scheme Fad run on demand. You can post **** like that But you have no understanding of accumulative assets Your understanding is very elementary. ., If I invested in your crypto id be ****en broke. You and your ****en bitcoin is a ****en fraud./ Good for ****s that have **** and and nothing to loose. YOUR ****ED BEYOND REPAIR.

You procrastinate and complain, meanwhile I wake up with a smile on my face. Bitcoin hit another all time high last night. Up another 5% today.

If you had chosen to invest some money in the market rather than complain - how much would do you think you would have made? How long have you been at it now - I mean whinging to people on this thread about things you cant substantiate?

Maybe, I should I rephrase the question - how much longer will you continue this meaningless ranting?

www.coindesk.com/bitcoins-price-climbs-6300-hit-time-high

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Poida said..
If the bitcoins cant be traced they are then very useful for drug cartels and groups laundering money to different countries. Or a Chinese property developer shifting money out of china, to say Australia etc?
previous post suggest they are traceable?

^^^ blockgeeks.com/guides/what-is-bitcoin/ ^^^

An acquaintance of my son was a drug dealer some years ago - buying drugs on Silk Road using bitcoin.

So the law caught up with him and he was placed into rehab, it was when he was there the price of bitcoin shot up from less than $100 to over $1,000.

My son caught up with him a couple of months ago - he's still a farked up drug addict, but he drives a brand new mustang.