markz said:1 Bitcoin is worth $22,192usd
CDN....
Right now its $16,xxx USD
https://www.google.ca/search?q=bitcoin+price&rlz=1C1CHBF_enCA713CA713&oq=bitcoin+price&aqs=chrome.0.69i59j69i60j0l4.4030j0j8&sourceid=chrome&ie=UTF-8
markz said:1 Bitcoin is worth $22,192usd
On the island of Yap in Micronesia, size matters. Some evidence suggests that the Yapese people may have been creating their rai stones since around 500 AD. To produce this unusual form of currency, the Yapese traveled to the neighboring island of Palau to obtain limestone. They shaped the stone into big circular discs with central holes. These were then transported on a long, perilous voyage back to Yap. Some stones measured as much as 12 feet across and weighed over four tons. The stones’ dangerous – and sometimes fatal – production process increased their value. But once they’d been used for payment, their location often remained unchanged. In fact, a physical exchange may not have been necessary, as long as everyone knew to whom the rai belonged. Their value diminished with the arrival of the Europeans, whose technology quickly increased production. Today, rai stones are used in traditional rites and remain a national emblem. Their image is also proudly displayed on Yapese license plates.
Dauntless said:https://www.google.com/amp/s/www.coindesk.com/top-20-cryptocurrencies-hit-record-highs-week/amp/?espv=1
Each of the top 20 cryptocurrencies by market capitalization hit an all-time price high in the past four days, according to market data.
Normal bit coin stuff in the early adoption phase. Jumps 2000% then falls to 60% of that then slowly gains ground again.Dauntless said:Looks like Bitcoin won't make it under $10k by new years', but its on the way.
Meanwhile, there are other buds in the tulip garden.
https://www.google.com/amp/s/www.coindesk.com/dao-who-a-recap-of-ethers-2017-price-climb/amp/?espv=1
Dauntless said:http://money.cnn.com/2017/11/28/investing/bitcoin-hits-10k/index.html
That was quite a fall. OUCH!
Ohbse said:I suggest you look into the segwit/lightning network and form your own opinions, I'm confident bitcoin will be around, but I'm much less confident it will be the current BTC chain.
An amusing write up for the uninitiated: https://hackernoon.com/chapter-one-alice-and-bob-9fa315aeef62
If you held bitcoin prior to the fork, you already have some BCH, so doesn't matter so much which one wins out in the end if you're planning on holding long term. If you don't have any.. now's an excellent time to diversify.
markz said:The thing with mining Crypto currency is you need thousands of dog hairs just to play the game. You dont need a good cpu, not much ram, but the gpu's are expensive!
neptronix said:Dauntless said:http://money.cnn.com/2017/11/28/investing/bitcoin-hits-10k/index.html
That was quite a fall. OUCH!
Yes, but you have to think longer than that if you want to succeed in investing at all.
And if you want to get ahead in our monetary system , you need to invest.
wino applecoin or googlecoin?neptronix said:I'm still holding by BTC. So is everyone else i know. It's the newbies that jumped ship early.
But i made sure to diversify my coin portfolio. I also bought ethereum, ripple, lumens, cardano, ark, monero, dash, BCH, and NEM.
delightful as ever your wee-shillelagh making an appearance.dauntless said:As someone whose career never became fulltime but owns a CALIFORNIA house, gets the occasional new car, etc.,
Dauntless said:It has lost 1/3rd and he responds by saying that.
As someone whose career never became fulltime but owns a CALIFORNIA house, gets the occasional new car, etc., I could explain far more than most here are ready to understand or even care about with the joys of the financial market. As long as people refuse to recognize that crypto is even more vaporware than internet stock in 2000.
Warren Buffet decried the nonsense and was vilified. The net result was that he would once again prove he was 'The Oracle of Omaha.' https://www.cnbc.com/amp/2017/12/08/where-warren-buffett-thinks-you-should-invest-your-money.html
Dauntless said:Bitcoin is Enron. Which went up close to TEN THOUSAND PERCENT!