Bitcoin just hit £1000GBP
 

http://i.imgur.com/kUNPw1P.png

Stupid me sold half a bitcoin about a week ago. Lost like £80 on that already.

Looking to buy more when and if the price drops. Can you guys see £600 again?

Since I posted it's gone up another £5 free money anyone :1orglaugh

it's going to keep climbing and climbing, i've pretty much ditched my bank account, they don't pay me enough interest on my savings,

i convinced my landlord to accept bitcoin for rent, all that is missing, is a grocery store that accepts bitcoin


i'm pretty much living off bitcoin at the moment, its helping me save money every month because of it going up every month,

i've saved hundreds of dollars since i was first introduced to bitcoin, back when it was 300usd

my job doesn't pay me enough money per hour, so im always looking for way to scrounge and save every month, so i can make my rent,

bitcoin has helped me alot these last couple years

Great to see these climbs!

Just switched my Webclicks payouts to Bitcoin too, thanks Webclicks for this option :thumbsup

Bitcoin is scared money.
So I guess you have to look at the scary index :laughing-

I think 1000 is a good price to cash in.

Man Who Predicted Trump Victory-Presentation | Casey Research

Paranoids UNITE! LOL

Perfect, tea time :pimp

excellent video! Most of what he takes about it is the truth

The whole system is such a scam not only in america. History always repeats itself, it's not hard to know or see what is going to happen.

It's in history all you have to do is read.

It's always the same, since keeping money in the bank doesn't give you enough interest, people are always looking for other ways to save money for their retirement, average people buy homes or stocks as investments,

eventually, the banks create a market crash or housing crash, whoops! their goes all of the people's savings...

it's a great way to steal people's money, then the circle starts all over again, you have buy a house again, and start another mortgage,

mortgages are such a scam, all the banks have to do is print money, and then they lend it to you, ... and then they lend it to you?

they lend you money that all they had to do was print it from a printer,

its such a joke,

if i was a banker, i would be laughing my ass off at humans, its crazy to think that this has been going on for years and years and no one seems to give a shit,

i guess the generation before us, there wasn't much they could do

the internet has changed alot, i believe bitcoin is a game changer,

its hard for the average person to understand bitcoin, most likely they will never understand it, it's the people who understand it that will benefit the most from it,
eventually we will all be using bitcoin, the average person doesn't need to understand it, it just needs to be easy enough for them to use it

Probably going to see BTC as a sort of digital gold bar. Holding assets out of sight of governments rather than under the mattress. It travels very well. It's the Bitcoin blockchain and other blockchains that will have the major impact on our lives. Imagine using the blockchain to follow a T-bone steak. It documents from breeding, to calf, feed, antibiotics or organic, farm or ranch, slaughterhouse, distribution, grocery store or restaurant to your plate. It can be used for provenance or chronology of the ownership, custody or location of anything. That is a game changer.
Spending digital will probably end up being Dash coin or something similar. Might be worth educating yourselves because this is coming fast, very fast.

I got like 70 of them when price was 200 or so and forgot about them till recently :) Not bad huh :)

And I was predicting it wouldn't last. LOL

Can't be right all the time.

I see this rising still only a week or so ago, a few cashed out when I said it was the highest it´s been, now, well, this is so damn high. Any day now it´s going to crash to at least 700 again, that would be the time to buy and really those with substantial amounts probably should cash out now, I can´t see it going much higher.

Or, as Markham above has said, could we be wrong and it continues to grow?

Who's using that virtual currency?

don't feel bad for £80 .

Very nice. I would put them in a hardware wallet and try to forget about them again. Someday you will retire a very rich man.

The Winklevoss twins are waiting for an SEC decision on their Bitcoin ETF. I think that might be causing the BTC run up. It is also causing some other coin like Eth, Dash, Zcash, Monero and some others to climb way up. I feel it is a bubble that will burst if the SEC denies the Winklevoss BTC ETF. I am waiting patiently to buy back in on the crash if it happens. No matter what, this is how you make money if you can stand the pressure.

^^The Winklevoss twins are waiting for an SEC decision on their Bitcoin ETF

I would buy some of that if it gets approved -- it will be a regulated market then :2 cents:

Since I started this thread less than 3 months ago the price has doubled to £2000. Crash imminent.

Who bought at this time? Hands up!

Bet the companies actually using (or proposing to use) the Bitcoin blockchain to store data/proof of data are crapping themselves right now. Block size at maximum capacity, tens of or hundreds of thousands of transactions sitting in limbo in the memory pool, transaction fees rising as people compete to have theirs included in a block which can't take everything...

You can't reliably prove an object exists at a specific time if the transaction containing the proof hash takes 30 hours to be incorporated into the blockchain. :helpme

Rowan, where are you getting this information? I am personally making buys, sells, trades with no problems at all. What's your source please, link us. Thx

You mean the 1MB limit on block size? That's been discussed for a while, but it's only more recently that it has become a real issue.

This gives you some idea of supply (1MB per 10 minutes) and demand (currently 100MB+)

https://blockchain.info/charts/mempo...imespan=60days

Trades within an exchange are "off blockchain." It's Bitcoin transactions that are affected.

wtf I sold my steam account 7 - 8 years ago for 500 bitcoins, does that mean I'm rich?

you sir are super rich.

Still got those 500?

yes, only private keys are missing.

i lost tiny amountnof btc that way too, private keys long gone... didnt care way back then bcos the price was so small. ughhhhh hehe

There are programs which can scan drives to find keys. I modified a simple one that has found 500,000 potential keys on an old drive image I had archived. Most of those are going to be duds (not a key, just coincidentally the same series of header bytes), a very small number will be real keys that have been used and now have zero balance, but if I'm really lucky it might find something odd that got lost some years ago. I've been using Bitcoin since 2011 so who knows. I'll find out in a couple of days when it finishes importing them. :thumbsup

oh man that would be great, yes , looking forward to knowing your results rowan, thanks man :)

If you had invest $100 of bitcoin in 2010, today you got around $75 million.. yep, this is true

No the next day I spent it on some pizzas :Oh crap

i printing more now! thx!