Anyone invested?

[Jay Wessman]

What do you think about the cryptocurrency hype.

 

[crysper]

I was planning to buy a bunch 2 years ago, but I haven't and now I regret. I need to take a look and see how things work now.

 

[K]

Used to mess with them but its a gamble tbh...hmmm how many you get jay?

 

[Jay Wessman]

Yeah it's a gamble who knows.

 

[Jay Wessman]

Lots of craziness lately.

 

[dencha]

I remember when it dropped to $0.00

 

[mastermold]

How does it work? Can you justreturn them and get money back after cuz its cimbing pretty fast

 

[Jay Wessman]

How does it work? Can you justreturn them and get money back after cuz its cimbing pretty fast

You've got to use an exchange I think.

 

[K]

You've got to use an exchange to buy and sell your bitcoins. MtGox.com is probably the biggest one.

Also they're now sitting at around $135 - $140.

What did you buy yours for? Will you sell? Also after talking to a few of my mates the other day Jay, I know understand why YOU got some

 

[Jay Wessman]

What did you buy yours for? Will you sell? Also after talking to a few of my mates the other day Jay, I know understand why YOU got some

I got some in their $20s, some in their $60s and some above $100.

Don't have any plans to sell them anytime soon I just want to see where this thing goes in the long run.

 

[mattyboy]

Shit! Hey Jay, what's it at now?

 

[Jay Wessman]

Shit! Hey Jay, what's it at now?

The price has been crazy lately. It went right up to $250 then crashed right down to around $55.

Currently it's sitting at about $90.

 

[K]

How many have you got now?

 

[arjaygreen]

I'm still trying to learn how bitcoins work exactly.

 

[gerira]

It seems cool, but I believe bitcoins are a bubble atm. Eventually they will burst (their value will fall rapidly).

 

[operationoffers]

i thought the Forex market was volatile and people thought i was insane for investing in that!

 

[K]

Upping this to see who's invested?

 

[operationoffers]

I will admit, I like the idea behind bitcoins, however the theory that they can take this virtual currency to market is only theory and will probably fall flat on its face.

 

[crysper]

the price went over $450/bitcoin ..... that's insane.

An ATM was made on Canada and Germany approved them.

Would it hit $1k?

Has all the characteristics of a bubble, but f*ck if you know when to sell them, you might get rich over-night.

 

[lokiys]

crysper - you are totally right with this statement ''if you know when to sell them''

But the problem is that nobody know that.
Because bitcoins is mostly used in different kind of black markets. It is totally gambling, and you can get more success if you watch football and put some money in bookmarkers.

Good luck to everybody, but i would not suggest to use bitcoins as investment.
Hit better some stock Market it is more predictable...