Bitcoin
- Thread starter TarHeelNation11
- Start date
Well I'm in and I'm staying in. Just grabbed $50 of Litecoin too. It was at $65 a month ago and now is up to $125.45 as I type this.
You going to short it once the exchanges open or you going to hope the bubble doesn't pop?
I’ve read up on it. Hell I even had some at one point in time but pawned it off on Rich.
No lie, a kid in my brother's fraternity at Bama bought 1500 bitcoin in 2011 for just under $3 each.
Bitcoin is currently @ 15,824.11 He's worth $23.7 million now, just off that initial 1500. Obviously he's bought more since then.
Bitcoin is currently @ 15,824.11 He's worth $23.7 million now, just off that initial 1500. Obviously he's bought more since then.
I got a little Bitcoin. We have a few weirdos at the Yadkinville General Store which prefer to pay with them, so I keep some in the cash drawer for change.
Tell you what. I'll buy a couple bags of your finest locally harvested spices and I'll give you a hundred dollar bill. You just slide me one of those bitcoins you've got in that there drawer and we'll call it even stevens.
It's not that hard. Just a matter of investing in some fairly expensive computer equipment. But a few gpu's would pay for themselves within a few months if they were running efficiently. Theoretically you could build up to a massive system that could mine hundreds or even thousands of dollars per day.
That's what I was trying to do, through you. Let's make some money!
Yadkin Valley, Yadkinville- you all look the same
I just assumed that you, as the owner, changed the name of your store.
Lol, I am staying away from bitcoin. too much risk for a licenced person like me and too many other legitimate things to put money in that won't crash one day.
I'm un-licensed and ready to party. I promise to toss y'all a .001 bitcoin or two in 2022 when it's @ $10,000,000
I'm a hands off owner. I let my assistant manager make decisions about this kind of stuff.
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There are too many ways I can see bitcoins failing for me to consider investing but it is interesting to study it
It's clearly a bubble. I would consider shorting it, but the market can stay irrational longer than I can stay solvent.
I have heard the term bitcoin but have not done any research. The kid that bought 1500 @ 3 bucks and is now sitting on 24 million bucks is an awesome story.
I still don't totally get it. Can he cash out and does he actually have $24M in real currency now? Or is it only virtual, and can only be used by vendors that accept bitcoin?
He could cash out by selling the bitcoin for real currency.
This.
Btw bitcoin has dropped like a rock since I started this thread. Litecoin is soaring though.
