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Old Wed, Nov-27-2013, 03:28:31 PM   #1
Ginsu Tim
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Default Anyone printing money with bitcoins right now?

my friend apparently is he was nagging me to buy this shit like 3 weeks ago.

http://www.geekwire.com/2013/digital...-reaches-1000/

I didn't
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Old Wed, Nov-27-2013, 03:31:40 PM   #2
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Default Re: Anyone printing money with bitcoins right now?

Yea fuk that. More gov interaction good times.
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Old Wed, Nov-27-2013, 03:32:36 PM   #3
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Default Re: Anyone printing money with bitcoins right now?

I'm kicking myself for not doing it, I did a bunch of reading on it when they were in the $12 range because a few of my tinfoil buddies were getting on board. It was my own ignorance and lack of research that had me miss the boat on that one.
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Old Wed, Nov-27-2013, 03:47:58 PM   #4
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Default Re: Anyone printing money with bitcoins right now?

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Originally Posted by steeezm3 View Post
I'm kicking myself for not doing it, I did a bunch of reading on it when they were in the $12 range because a few of my tinfoil buddies were getting on board. It was my own ignorance and lack of research that had me miss the boat on that one.
Same here, I was on the fence with throwing in a couple hundred back when they were around $4 now I feel dumb for not.
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Old Wed, Nov-27-2013, 04:20:29 PM   #5
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Default Re: Anyone printing money with bitcoins right now?

bitcoin = dotcom bubble 2013

completely unsustainable growth
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Old Wed, Nov-27-2013, 04:33:50 PM   #6
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Default Re: Anyone printing money with bitcoins right now?

Buy high sell low.
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Old Wed, Nov-27-2013, 04:39:30 PM   #7
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Default Re: Anyone printing money with bitcoins right now?

What are they good for other than buying drugs on the internet?
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Old Wed, Nov-27-2013, 05:09:38 PM   #8
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Default Re: Anyone printing money with bitcoins right now?

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What are they good for other than buying drugs on the internet?
Funding terrorism, buying kiddie porn, you name it!
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Old Wed, Nov-27-2013, 05:26:06 PM   #9
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Default Re: Anyone printing money with bitcoins right now?

As the difficulty factor grows exponentially as well as the amount of people mining, the returns are going to diminish so fast. I'd like to think there isn't much of any easy way to make money with these anymore. You need to invest in a mining farm or 2 and hope you're really lucky.
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Old Wed, Nov-27-2013, 05:28:16 PM   #10
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Default Re: Anyone printing money with bitcoins right now?

Got a friend that can retire now. He bought $1000 worth when they were $.12. He told me to buy, but I thought it was a gimmick.

edit. wrong amount. just asked again.

I guess I should also be clear and say he has never worked his entire adult life because of smart moves. He is a stay at home dad.
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Discussing Anyone printing money with bitcoins right now? in the Off Topic Forum - Place to discuss this and that. Note: We also have "request to join" forums: Guns and Fitness.
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