Bitcoins

[Skiz]

Fucking bitcoin. I spent like $20 worth of bitcoin on a news server in the early days because they offered like a 5% discount if I paid that way. Shit would be worth over a million dollars or something now. Literally.

[frededwards]

Back in 2013 some site wanted 1 BTC to subscribe so I bought 1.063 BTC for £10 was that was minimum spend. I used the 1 BTC so had 0.063 BTC left, back then about 50p worth. It's now worth £800. Still not sure if I should sell it or not.

[nQQ]

Nearly $64m in bitcoin has been stolen by hackers who broke into Slovenian-based bitcoin mining marketplace NiceHash.

The marketplace suspended operations on Thursday while it investigated the breach, saying it was working with law enforcement as “a matter of urgency” while urging users to change their passwords.

The hack was “a highly professional attack with sophisticated social engineering” that resulted in approximately 4,700 bitcoin being stolen, worth about $63.92m at current prices, said NiceHash head of marketing Andrej P Škraba.

Guess we may see more like this now the value is high

[hvitrev]

Bitcoin has breached the $16,000 mark, extending the digital currency's record-breaking surge.
The cryptocurrency began the year below $1,000 but continues to rise despite warnings of a dangerous bubble.
According to Coindesk.com, Bitcoin reached $16,050.83 (£11, 928.78), having soared over 50% in a week.

I wonder how many people who were wondering if they should invest a few days/weeks ago will be regretting pondering. Or conversely how many will jump in now and be hit if it slumps back

Already slumped back quite a bit over the last 2 days..

[Snee]

Fucking bitcoin. I spent like $20 worth of bitcoin on a news server in the early days because they offered like a 5% discount if I paid that way. Shit would be worth over a million dollars or something now. Literally.

I feel your pain.

srsly

[Skiz]

Fucking bitcoin. I spent like $20 worth of bitcoin on a news server in the early days because they offered like a 5% discount if I paid that way. Shit would be worth over a million dollars or something now. Literally.

I feel your pain.

srsly

Oh, what could have been.

I look at cryptos like casino gambling now. I've done pretty good with some of my petty gambles lately.

Bought my first ethereum at $51. It started doing well so I bought another at $179. Sold both last week at $852 ( x 2 = 1700) minus the $230 or so I spent gives me a solid profit.

I threw $1000 at bitcoin when it was at $7600 and sold when it stalled for a couple days at around $19000. A little more than doubled up there.

Watched Litecoin for a while but never bought in. Should have.

The only thing I have money in right now is Ripple. Bought in at $0.46 and its hanging at around $1.20 last couple days. I think I'm just gonna let that ride for forever.

The only people who I feel worse for with bitcoin are the ones that hung onto it and sold as soon as it jumped to $2k or something, not foreseeing the jump to $19k in a matter of days. The folks who mined for years or had $1000 worth and sold for $5000 quick cash after years of holding, only to miss the real money days later.

[Snee]

You've made more than me off them thus far, then.

ATM I have some cardano and tronix which I swapped for some bitcoin in the pre-christmas crash, and just a little bit of BAT, and a few dogecoin somewhere, if I can find my doge-wallet. ATM I'm at about +/- 0 when factoring in transfer costs, but if I'd bought in when I started looking at Cardano in particular, I'd had about five times my money now.

If I'd mined back when everyone told me to, and held onto it until now, when wooo.

I know someone who's got about half a bitcoin from mining back then, but can't find their wallet, and who didn't even know how much they are up to until I told them. That's what I imagine would have happened to me to if I had mined. That's also what my doge situation is like, lulz. Lucky I don't have many.

[Skiz]

Are you mining at all? I use nice hash on the main office pc and my bedroom pc. Been making about $10-12/day in BTC doing that. Wish I’d started years ago when I scoffed at it. Just been going a few weeks tho.

[Snee]

My gear isn't good enough to be cost-effective for bitcoin, not with our energy prices, I reckon. I've considered doing something like monero or even ethereum, but not gotten into it yet.

I did dogecoin waaay back, but that was mostly for lulz.

[Skiz]

Fuck it. I just bought another GTX 1080 FTW to toss into the rig. It should pay itself off in ~3 months. I'll have a free card plus additional profits after that. I'll have three GPUs running when that gets here.

On a side note, I have a friend in Louisiana with a couple gas wells. Long story short he gets free electricity on them. Trying to talk him into each of us buying a few S7 miners to put out there in the country and grind away 24/7. I've read that while they're awesome little miners, the average lifespan on them is only like 6 months.