Bitcoin

[rodent]

Hi De Hi Campers

Anyone doing anything with Bitcoin ?

The rodent

[planteria]

long time Rodeo..
no, but i know several people who are. it all feels very 'late to the party' now, but i might have a dabble anyway.
are you?

[Sarah]

Any taxi drivers recommending it yet?

I understand that's traditionally one way to call the top of a bubble!

[planteria]

indeed.. it has hit $17k today though!!

[planteria]

Any taxi drivers recommending it yet?

just for you Sarah.. "There are anecdotes of taxi drivers who say they've borrowed money to buy Bitcoin."

http://www.bbc.co.uk/news/business-42281004

[Sarah]

Haha, good spot!

[DC.]

I mined 1 Ethereum and some Decred, and swapped them for bitcoin, I did it when bitcoin was $8100.
I have 0.074 bitcoins lol.

[rodent]

Hi All

I started looking at it in the summer and put £250 into bitcoin to see how it went ....then started buying on dips
Currently position is this in coinbase :
Bitcoin 1.3604 BTC val £19,517.47 on £6800 invested
Litecoin 23.6106 LTC val £5,755.09 on £1358 invested
Ethereum 5.3076 ETH val £2,935.34 on £1589 invested

Coinbase -Tots- £9730 invested ...which today stands at £28,174


Etoro
Also had a few small trades in etoro $1k on $3500 out
Now reinvested $500 each across 7 cryptos which in less than a week gives tot holding at $4760 ($1260 profit)

Shares
http://www.hl.co.uk/shares/shares-searc ... racker-eur
Just cashed in 9k from a poorly performing SIPP fund to put in this one above

If anyone fancies a bit of it , coinbase seems to be the most popular place to buy bitcoin this link will get you a $10 bonus when you open an account
https://www.coinbase.com/join/599a206ede7f8802f6670594

The rodent

[rodent]

My first buy was when bitcoin was $2700 ....hindsight is a wonderful thing , just wish i had moved a bit quicker !
It is becoming more mainstream on a daily basis, so has room to grow, if the optimists are to be believed then upto 1m per coin within a few years is a bit fanciful ...... but it would not surprise me to see it at 50-100K before the end of 2018 , litecoin, ethereum, ripple and eoin are all being suggested to show greater gains than bitcoin in the next 12 mths. Welcome to the future !!!!

[rodent]

Here are a few links for anyone who wants to learn more about cryptos, sleep well !

https://www.coindesk.com/information/

https://thebitcoin.pub/

https://www.wheretospendbitcoins.co.uk/