Bitcoin? Is it actually that dangerous to invest in?
http://www.pcgamer.com/nicehash-was-hacked-potentially-for-as-much-as-60-million/?utm_content=buffer99abd&utm_medium=social&utm_source=twitter&utm_campaign=buffer-pcgamertw
theres a kid at my school who mines bitcoin or some shit to replace the school chrome book he destroys every other week
only explanation
only explanation
its not dangerous to invest in unless you're not knowing what you're getting into, buy low and sell high, invest in some other cryptocurrency such as litecoin or ethereum and sell those after the sellers of bitcoin pump them to hype them up for a quick buck flip
A crash is prolly on the way so id buy it while its low and resell when it rises high again
if u have to ask a competitive tf2 forum for advice u probably shouldnt be investing in it.... or anything else for that matter
hamahamits not dangerous to invest in unless you're not knowing what you're getting into, buy low and sell high, invest in some other cryptocurrency such as litecoin or ethereum and sell those after the sellers of bitcoin pump them to hype them up for a quick buck flip
I will never invest in Bitcoin btw, just curiosity :P
I will never invest in Bitcoin btw, just curiosity :P
a lot of people seem to treat it as a way to make money quick which is kinda saddening but kinda expected i guess
i made like £1k just from investing £500 a few months ago. overall the price graph is fairly predictable at the moment (a few fake rises then drops, then a big bubble back down to a new consistent low and it starts over again) but i doubt that'll be consistent for much of the future
if a company can find a way to make it super accessible (and it's reasonably accessible now, just restrictions on identity to prevent money laundering hinder it a little) or something makes traditional currency decently worse to deal with for businesses then it could gain traction and mature properly into a stable currency which would make online transactions much more secure and easier in the modern world, and prevent many issues with big banks and companies like paypal
i made like £1k just from investing £500 a few months ago. overall the price graph is fairly predictable at the moment (a few fake rises then drops, then a big bubble back down to a new consistent low and it starts over again) but i doubt that'll be consistent for much of the future
if a company can find a way to make it super accessible (and it's reasonably accessible now, just restrictions on identity to prevent money laundering hinder it a little) or something makes traditional currency decently worse to deal with for businesses then it could gain traction and mature properly into a stable currency which would make online transactions much more secure and easier in the modern world, and prevent many issues with big banks and companies like paypal
gemma lot of people seem to treat it as a way to make money quick which is kinda saddening but kinda expected i guess
and it's gonna crash when people realise they can't use bitcoin for anything anymore because the transaction fees are too high. Steam stopped accepting bitcoin yesterday I think. I wouldn't be surprised if it crashes bigtime within the next week
bitcoin was never supposed to be an investment and everybody treating it like one is going to ruin it
and it's gonna crash when people realise they can't use bitcoin for anything anymore because the transaction fees are too high. Steam stopped accepting bitcoin yesterday I think. I wouldn't be surprised if it crashes bigtime within the next week
bitcoin was never supposed to be an investment and everybody treating it like one is going to ruin it
fahrenheitCrash imminent
http://www.pcgamer.com/nicehash-was-hacked-potentially-for-as-much-as-60-million/?utm_content=buffer99abd&utm_medium=social&utm_source=twitter&utm_campaign=buffer-pcgamertw
yeah i used nicehash actually. pretty miffed that i basically got scammed out of a free 160 bucks (payouts happened every .01 BTC), but whatever i guess
http://www.pcgamer.com/nicehash-was-hacked-potentially-for-as-much-as-60-million/?utm_content=buffer99abd&utm_medium=social&utm_source=twitter&utm_campaign=buffer-pcgamertw[/quote]
yeah i used nicehash actually. pretty miffed that i basically got scammed out of a free 160 bucks (payouts happened every .01 BTC), but whatever i guess
Shiftagemma lot of people seem to treat it as a way to make money quick which is kinda saddening but kinda expected i guess
and it's gonna crash when people realise they can't use bitcoin for anything anymore because the transaction fees are too high. Steam stopped accepting bitcoin yesterday I think. I wouldn't be surprised if it crashes bigtime within the next week
bitcoin was never supposed to be an investment and everybody treating it like one is going to ruin it
there's improvements being made to help transaction fees, and honestly they dont matter in the big picture because some other crypto that can show it'll have lower fees under massive transaction counts will take over
and yeah it'll crash within the next week but not permanently. i dont see why it wont crash to a new baseline amount then slowly rise and bubble up again over the next few months
and it's gonna crash when people realise they can't use bitcoin for anything anymore because the transaction fees are too high. Steam stopped accepting bitcoin yesterday I think. I wouldn't be surprised if it crashes bigtime within the next week
bitcoin was never supposed to be an investment and everybody treating it like one is going to ruin it[/quote]
there's improvements being made to help transaction fees, and honestly they dont matter in the big picture because some other crypto that can show it'll have lower fees under massive transaction counts will take over
and yeah it'll crash within the next week but not permanently. i dont see why it wont crash to a new baseline amount then slowly rise and bubble up again over the next few months