Bitcoin just hit £1000GBP

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  • ruff
    I have a plan B
    • Aug 2004
    • 5507

    #16
    Originally posted by Lykos
    I got like 70 of them when price was 200 or so and forgot about them till recently Not bad huh
    Very nice. I would put them in a hardware wallet and try to forget about them again. Someday you will retire a very rich man.
    CryptoFeeds

    Comment

    • ruff
      I have a plan B
      • Aug 2004
      • 5507

      #17
      Originally posted by GspotProductions
      I see this rising still only a week or so ago, a few cashed out when I said it was the highest it´s been, now, well, this is so damn high. Any day now it´s going to crash to at least 700 again, that would be the time to buy and really those with substantial amounts probably should cash out now, I can´t see it going much higher.

      Or, as Markham above has said, could we be wrong and it continues to grow?
      The Winklevoss twins are waiting for an SEC decision on their Bitcoin ETF. I think that might be causing the BTC run up. It is also causing some other coin like Eth, Dash, Zcash, Monero and some others to climb way up. I feel it is a bubble that will burst if the SEC denies the Winklevoss BTC ETF. I am waiting patiently to buy back in on the crash if it happens. No matter what, this is how you make money if you can stand the pressure.
      CryptoFeeds

      Comment

      • Barry-xlovecam
        It's 42
        • Jun 2010
        • 18083

        #18
        ^^The Winklevoss twins are waiting for an SEC decision on their Bitcoin ETF

        I would buy some of that if it gets approved -- it will be a regulated market then

        Comment

        • Smack dat
          So Fucking Banned
          • Jul 2016
          • 4613

          #19
          Since I started this thread less than 3 months ago the price has doubled to £2000. Crash imminent.

          Who bought at this time? Hands up!

          Comment

          • rowan
            Too lazy to set a custom title
            • Mar 2002
            • 17393

            #20
            Originally posted by ruff
            Imagine using the blockchain to follow a T-bone steak. It documents from breeding, to calf, feed, antibiotics or organic, farm or ranch, slaughterhouse, distribution, grocery store or restaurant to your plate. It can be used for provenance or chronology of the ownership, custody or location of anything. That is a game changer.
            Bet the companies actually using (or proposing to use) the Bitcoin blockchain to store data/proof of data are crapping themselves right now. Block size at maximum capacity, tens of or hundreds of thousands of transactions sitting in limbo in the memory pool, transaction fees rising as people compete to have theirs included in a block which can't take everything...

            You can't reliably prove an object exists at a specific time if the transaction containing the proof hash takes 30 hours to be incorporated into the blockchain.

            Comment

            • jscott
              jscizzle
              • Feb 2001
              • 25411

              #21
              Rowan, where are you getting this information? I am personally making buys, sells, trades with no problems at all. What's your source please, link us. Thx
              “If you think tough men are dangerous, wait until you see what weak men are capable of.”
              —Jordan B. Peterson

              Listen to Pomp tell why is Bitcoin important

              Comment

              • rowan
                Too lazy to set a custom title
                • Mar 2002
                • 17393

                #22
                Originally posted by jscott
                Rowan, where are you getting this information? I am personally making buys, sells, trades with no problems at all. What's your source please, link us. Thx
                You mean the 1MB limit on block size? That's been discussed for a while, but it's only more recently that it has become a real issue.

                This gives you some idea of supply (1MB per 10 minutes) and demand (currently 100MB+)

                https://blockchain.info/charts/mempo...imespan=60days

                Trades within an exchange are "off blockchain." It's Bitcoin transactions that are affected.

                Comment

                • AnimeFevers
                  ♫ ♪ ♫ ♪ ▄ █ ▄ █ ▄ ▄ █ ▄ █
                  • Apr 2009
                  • 3566

                  #23
                  wtf I sold my steam account 7 - 8 years ago for 500 bitcoins, does that mean I'm rich?
                  tg - @LJFreeza
                  email - animefevers(AT)hotmail(DOT)co(DOT)uk

                  Comment

                  • freecartoonporn
                    Confirmed User
                    • Jan 2012
                    • 7683

                    #24
                    Originally posted by AnimeFevers
                    wtf I sold my steam account 7 - 8 years ago for 500 bitcoins, does that mean I'm rich?
                    you sir are super rich.
                    SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean

                    Comment

                    • rowan
                      Too lazy to set a custom title
                      • Mar 2002
                      • 17393

                      #25
                      Originally posted by AnimeFevers
                      wtf I sold my steam account 7 - 8 years ago for 500 bitcoins, does that mean I'm rich?
                      Still got those 500?

                      Comment

                      • freecartoonporn
                        Confirmed User
                        • Jan 2012
                        • 7683

                        #26
                        Originally posted by rowan
                        Still got those 500?
                        yes, only private keys are missing.
                        SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean

                        Comment

                        • jscott
                          jscizzle
                          • Feb 2001
                          • 25411

                          #27
                          i lost tiny amountnof btc that way too, private keys long gone... didnt care way back then bcos the price was so small. ughhhhh hehe
                          “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                          —Jordan B. Peterson

                          Listen to Pomp tell why is Bitcoin important

                          Comment

                          • rowan
                            Too lazy to set a custom title
                            • Mar 2002
                            • 17393

                            #28
                            There are programs which can scan drives to find keys. I modified a simple one that has found 500,000 potential keys on an old drive image I had archived. Most of those are going to be duds (not a key, just coincidentally the same series of header bytes), a very small number will be real keys that have been used and now have zero balance, but if I'm really lucky it might find something odd that got lost some years ago. I've been using Bitcoin since 2011 so who knows. I'll find out in a couple of days when it finishes importing them.

                            Comment

                            • jscott
                              jscizzle
                              • Feb 2001
                              • 25411

                              #29
                              oh man that would be great, yes , looking forward to knowing your results rowan, thanks man
                              “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                              —Jordan B. Peterson

                              Listen to Pomp tell why is Bitcoin important

                              Comment

                              • Holy Damage
                                Confirmed User
                                • Oct 2013
                                • 996

                                #30
                                If you had invest $100 of bitcoin in 2010, today you got around $75 million.. yep, this is true

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