first you said IT IS mainstreaming. Now you say looking at.

One means it's already in place. Another says finding out what the hell this new thing is.

Which is it?

l wasnt going to out him. Guess that train had left the building now.

ChiefRocka , now we know your real name:

Cameron and Tyler Winklevoss used $11 million from their $65 million payout from their Facebook lawsuit against Mark Zuckerberg to invest in bitcoin back in 2013. At that time, the cryptocurrency was priced around $120 and the Winklevoss twins claimed to own almost 1% of all bitcoin in circulation. The price of a single bitcoin is above $11,000 now and the cryptocurrency’s market capitalization is $187.6 billion, as of this writing. Hence, the total value of bitcoins held by the twins is worth more than one billion dollars.

In an interview with the Financial Times last year, the Winklevoss twins said they “see bitcoin as potentially the greatest social network because it is designed to transfer value over the Internet.” They claim bitcoin is better than gold and “matches or beats” the precious metal across its nine foundational traits, such as scarcity and portability.



Read more: Winklevoss Twins Are Bitcoin's First Billionaires | Investopedia https://www.investopedia.com/news/wi...#ixzz50IfXmSxr
Follow us: Investopedia on Facebook

Good for them. That sniveling weasel stole their idea for Facebook, and now they get this good fortune.

About time you tapped our and quit embrassing yourself. Stick to bitcoin or whatever your expertise is and leave the tech to others.

I’m not sure how someone could “hack bitcoin” it’s not stored in a central location and even the major exchanges store 90% in cold storage. It’s decentralized and many online wallets have been hacked, the network itself would be very close to impossible to hack.

I’m also a novice in this though and am going off everything I’ve read.

Can you elaborate on how you can see Bitcoin getting “hacked”?

Honest question, as I have a lot of my savings in bitcoin/Ethereum.

not directed against you, but others in this thread. Info is in google. Use some Common sense and history that tells us that anything electronic that is stored electronically can be hacked. Anything.

See AustinChiefs post #38 when this thread stated back in 2013. I've already said this several times. I'm not talking about hacking the bitcoin itself just hacking where it's stored to steal it.

I was paid major $'s to architect two different blockchain models. I got on this blockchain model early. I worked as a security architect in a place with the best hackers in the world that was itself hacked 1 million times a day. I don't say this to brag but because I like you, to make it known to you that on this particular specific subject, I can speak with authority.

And I'm telling you that your money is probably safe however there are many states, groups, serious and very capable ones that on the verge of being able to hack bitcoin stores. I personally would not be staking my financial future on something that will be hacked.

I'm making some money off IOTA right now. Seems to have a bright future...

This post?

There have been tons of online wallets hacked for big money, a few exchanges have had major problems. But the demand has continued to soar.I've got money stored in many different ways, but I'd say 30-40% of my savings is crypto and I keep about 30% of that on coinbase to buy and sell with. The rest is encrypted with my Trezor that the keys are written on paper and stored in a safe place.

Trezor was already hacked in August.
https://medium.com/@Zero404Cool/trez...s-761eeab03ff8

Bitcoin $13,710

LOL Good Lord.

I remember reading about this stuff years ago and didn't think much of it. To think, if I'd invested only a couple hundred dollars what I would have now..

Over $14,000 now

I hope you held on to those.

Go back and read through the first 3 pages of this thread, especially page 3, ****ing makes me laugh and sick to my stomach at the same time.

Well.. are ya rich now?

Me too and I had a post on page 3 on 2013 referencing the Tulip Bulbs. :deevee:

If only!

I can make Bitcoin crash, all I need to do is invest. I'm like Bill Macy in "The Cooler".

Millions May Have Been Stolen in a Bitcoin Marketplace Hacking Heist

http://amp.timeinc.net/fortune/2017/...ryptocurrency?

So do buttcoins still have no use beyond drug buying/selling?

Valve is no longer supports Bitcoin.

As of today, Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in the value of Bitcoin.

In the past few months we've seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process transactions on the Bitcoin network. For example, transaction fees that are charged to the customer by the Bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week (compared to roughly $0.20 when we initially enabled Bitcoin). Unfortunately, Valve has no control over the amount of the fee. These fees result in unreasonably high costs for purchasing games when paying with Bitcoin. The high transaction fees cause even greater problems when the value of Bitcoin itself drops dramatically.

https://steamcommunity.com/games/593...96684955433613

Hacked? Do you call it hacked when someone mugs you and takes your billfold/cash? To hack you they would actually need the physical device to hack it. Even if they do "mug" you and physically get your Trezor they have to crack the password & jump thru hoops & do so before you xfer your funds to another wallet with your private security key (that you store at another different location)

Bitcoin fees have lowered recently actually but yeah it was pretty ridiculous a few weeks ago.

But for some reason ppl love to pay to higher of a miners fee than they need and lots of wallets & exchanges seem to encourage that. But if you just want to wait a liiitttttle bit longer for your transactions to confirm you can save ALOT on fees.


As seen here. Youre welcome all
https://bitcoinfees.earn.com/

Meanwhile, 15k

Nicehash hacked for over $60 million now

I would certainly expect everything but cold storage & offline hardware wallets to get hacked.

Several stocks that may make a run today because of the bitcoin momentum

RIOT
GBTC
MARA
GOHE

Why would you think cold storage and offline are safe? Your piddly $10K in your safe at home? Probably.

Its the major hacks like I posted thats Bitcoin holders problem. If these continue (and they will) the confidence in Bitcoin safety goes down. 50 of those 900 big dogs get their money stolen at the same time, the stock will collapse.

Ask anyone in security. Its only recently that these serious and capable groups turned their attention to Bitcoin due to its recent run up. Now its worth their time.

I watched this long enough. Just bought $10K worth of Bitcoin this morning. It was some retirement money so considering I don't plan on retiring anyways I'm going to let it ride good or bad (YOLO). I'm 41 yo.

Heh... I bought them to pay for online bandwidth. So, no. It was spent immediately. I still have less than half a bitcoin left, but that's it.

What a damn idiot I was for not spending more at the time. This makes me cry every time I log in and see it...

https://i.imgur.com/fay2ouN.jpg

He'll yah man

You might consider diversifying half into ETH , just to spread it a bit. Best of luck to you man

Didn't cost go up 1,700 dollars or so a few days ago?

If only I had:banghead:
If only I had :banghead:
If only I had :banghead:

Yes.

It's broken 14k recently

Thank you - you're sweet - I'll charge you zero bitcoin when we snuggle and i stare into your eyes, and play with your hair.

Follow it here:

https://www.coindesk.com/price/

You sure were very early just not very confident.......:D

The story of my life

Damn. I'll shed a tear with you real quick.

You guys seeing this SHIT???
EPIC!

How crazy would this be if all along this was really the North Koreans or Nigerians were Satashi Nakamoto and they are going to be mega billionaires with the greatest scam ever?

Just went by $18,000 as I type and then plummeted until $17,000

Guys are buying at 19.5 and putting sell orders in at 20.

You can do that in Coinbase?

Poloniex or bittrex

GOHE Cannabis X Crypto

Bought yesterday at .045 and sold at .06

Today I missed the open but got back in at .112 now its at .125

I think I sell now

Stratis is coming back around too. Hopefully some of these BTC profits flow into alts.

So...I bought 2600 shares of IOTA @ .90 a while ago. Well I did it on bitfinex and they kept putting alerts up saying I had to cash out since I'm in the US. So I had to sell the IOTA for LTC @ .62 VERY GRUDGINGLY (because I don't have any other exchanges that sell it) and THEN it hit 5.00 UGHHHHHHH I would've made like 10K this week.

IOTA will blow up when they can get onto real exchanges that actually work well

I agree. It was my best " long term HODL"

Do you know any other places where I can buy? Its dipped pretty good now and I want to get back in.

I bought it on binance, transfered some ethereum into it from coinbase and bought

What?

English...

Sorry what's the question?

Those are US based currency exchanges. You can buy sell and trade on there and set stop losses and stuff.

Can you buy bitcoin in there as well?
I thought everyone was to use coinbase?

Well you can buy BTC there but not with US dollars. Essentially you have to buy BTC or some other crypto and send it there nd exchange it. You should make an account though. Trading crypto on there is my favorite hobby LOL

recent PRO TIP: there is an app called "Coinseed" ... It works like Acorns, and invests your rounded up dollars into crypto instead of the stock market. I love it. It's an easy way to invest without feeling any pain of the ups and downs.

Doesn't seem safe to hook up an account to something like that. Just me being paranoid though.

Coin seen legit there is also one for you regular debit card. If you are shitty with money like me it helps.

Tulips

$100K by 2020

100k next year unless the bottom falls out when futures open. We’re looking more at half million by 2020

I like your style.

i'd happily pay you .00001 bitcoin just to stare in your eyes

Thanks you

Here's a worthwhile read on how the futures market may affect Bicoin

https://www.coindesk.com/threat-bitcoin-futures/

https://news.slashdot.org/story/17/1...ld-tank-values

On Nov. 12, someone moved almost 25,000 bitcoins, worth about $159 million at the time, to an online exchange. The news soon rippled through online forums, with bitcoin traders arguing about whether it meant the owner was about to sell the digital currency. From a report on Bloomberg:

Holders of large amounts of bitcoin are often known as whales. And they're becoming a worry for investors. They can send prices plummeting by selling even a portion of their holdings. And those sales are more probable now that the cryptocurrency is up nearly twelvefold from the beginning of the year. About 40 percent of bitcoin is held by perhaps 1,000 users; at current prices, each may want to sell about half of his or her holdings, says Aaron Brown, former managing director and head of financial markets research at AQR Capital Management. What's more, the whales can coordinate their moves or preview them to a select few. Many of the large owners have known one another for years and stuck by bitcoin through the early days when it was derided, and they can potentially band together to tank or prop up the market.

Now LTC is going for a ride. I've been preaching that it was undervalued forever.
Not that I'm any expert or great trader or anything, but I'm obsessed with trading cryptos LOL

Whats the best way to buy LC? It's time to get on this

If you're using US dollars I'd say coinbase.
Its a fun hobby man.

I just started looking at crypto currency. I know it's hard to predict, but I'm curious if litecoin can go on a meteoric rise like Bitcoin. I see Bitcoin was sitting at $2,000 or so back in the spring and it's now above $15k? It would be nice if litecoin could somehow jump above 1k in the next year. Of course I have no clue what I'm talking about, so probably wishful thinking.

Most investors should watch/read John McAfee.

I know, he's banging strange Caribbean women, hiring bodyguards, and selling off his assets.

And if you think that's somehow different than most CEO's you're a damned mongoloid.

His takes on bitcoin did perk my ears up though. And mostly, the impossibility of securing bitcon transactions...

You have to look at the number of coins available and all this other junk. I am in no way a financial person but bitcoin has 21 million max coins where litecoin has 84 million, if litecoin ever reached as much as bitcoin the total worth of it would be astronomical or at the current moment absolutely no chance. Someone please correct me if im wrong and misunderstanding this type of thing

Like I say I'm no expert, but I think it can and probably will. There's 4 times more LTC than BTC , but LTC is just like BTC except better. Yet BTC is worth literally 150X more than LTC.....So IMHOP LTC is EXTREMELY undervalued.

But perfect example.....short term I bought LTC a couple weeks ago for 61.00 dollars each. Today I sold for 127.00

I also, making a completely uneducated prediction, could see people selling off some BTC after the recent price increase and buy back in with cheaper currencies like LTC.

Yeah that too. I expect ETH to get MUCH more expensive as well.

There's a group on facebook " The 51% crew% the guy that runs that is a crypto trading guru. I recommend following them.

You guys that buy and sell these like day traders are troopers. Thats alot of work. I just hodl and do nothing