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#304108 - 11/25/17 05:35 PM Bitcoin
pdx rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 40641
Loc: Puget Sound, WA



Do any of you Ranters own Bitcoin? Hmm


My ex has been pestering me for years to open a Bitcoin. I tried to open an account a couple of times and was never approved. It seemed kinda dodgy.

Anywhoo...

He came to visit me and Sammy dawg the weekend of November 3rd, 2017 and again Bitcoin came-up ( rolleyes ) and he pestered me about getting an account. I was like: Whatevs... coffee

I finally got an account opened while he was here, but then the verification of a bank account didn't happen (credit union account - not my main account because of Bitcoin's dodgy reputation) and I kept working at it and finally I got full-fledged approved for an account.

Bob seeded the account with $10.00. Over the course of 10 days, he's add $2.50 there, $5.00 there, and finally on SUN NOV 20th, I had $45.xx in the account. Ok, fine, nice. (Whatevs...) crazy

On WED NOV 22nd, I woke to an email from Bob all excited about Bitcoin, it had jumped big time. My little $45.xx account on SUN was now worth $152.xx three days later. ( I know!! laugh )

Your thoughts? Hmm
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#304111 - 11/25/17 07:39 PM Re: Bitcoin [Re: pdx rick]
Jeffery J. Haas Offline


Pooh-Bah

Registered: 08/03/04
Posts: 12805
Loc: Whittier, California
Yeesh, you hit the key word....DODGY.
But hey, you seem to like gambling and it appears that Bitcoin has better odds than Vegas, right?
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#304112 - 11/25/17 09:37 PM Re: Bitcoin [Re: Jeffery J. Haas]
pdx rick Offline
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Registered: 05/09/05
Posts: 40641
Loc: Puget Sound, WA
Originally Posted By: Jeffery J. Haas
Yeesh, you hit the key word....DODGY.
But hey, you seem to like gambling and it appears that Bitcoin has better odds than Vegas, right?

My thoughts exactly. I still haven't put one penny into my own account. It's all been seeded by Bob. Hmm

I was considering adding $25 next week when I get paid of my own money. smile
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#304113 - 11/25/17 09:39 PM Re: Bitcoin [Re: pdx rick]
pdx rick Offline
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Registered: 05/09/05
Posts: 40641
Loc: Puget Sound, WA

Bob started his account in 2013 with $250.00. It's now over $15,500.00. I just wonder if he can transfer any of that to his real bank and withdrawal it. Hmm
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#304115 - 11/25/17 11:59 PM Re: Bitcoin [Re: pdx rick]
Jeffery J. Haas Offline


Pooh-Bah

Registered: 08/03/04
Posts: 12805
Loc: Whittier, California
Oh wait, you mean to say it's in a Bitcoin ONLY account and it's not real money until it gets transferred?
_________________________
"The Left ones think I'm Right, the Right ones think I'm wrong."

----Leon Russell - "Magic Mirror"
https://www.youtube.com/watch?v=L-H1iQ5Y6Eg

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#304116 - 11/26/17 12:07 AM Re: Bitcoin [Re: pdx rick]
pdx rick Offline
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Registered: 05/09/05
Posts: 40641
Loc: Puget Sound, WA


I guess. Hmm

I'll sell five dollars of my bitcoin account and see if exactly $5 gets transferred in US dollars. I'll report back early next week.
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#304117 - 11/26/17 12:10 AM Re: Bitcoin [Re: pdx rick]
pdx rick Offline
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Registered: 05/09/05
Posts: 40641
Loc: Puget Sound, WA

Ok. I had to sell $6.00 of Bitcoin to get $5.01 transferred to my credit union account. I'll report back when the transfer goes through. It is supposed to take five days.

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#304124 - 11/26/17 05:55 AM Re: Bitcoin [Re: pdx rick]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 7146
Loc: North San Diego County
I assume that 99 cents is the standard fee for any size transaction. So it's not as horrible as it looks. Just put money in that you wan't get upset about losing. Then if it does well, it's all gravy. If it tanks, well that was fun while it lasted.

My problem with all cryptocurrency is that people have figured out how to steal it, and that is just going to get worse. And the little fact that it has no underlying value, like a company that actually makes something, or a bond backed by the US government's ability to collect taxes. It's only valuable because people think it is, which could change drastically.

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#304127 - 11/26/17 05:04 PM Re: Bitcoin [Re: pdx rick]
pdx rick Offline
Member
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Registered: 05/09/05
Posts: 40641
Loc: Puget Sound, WA

All very true. The account is valued at $218 this morning.
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#304156 - 11/30/17 02:28 AM Re: Bitcoin [Re: pdx rick]
Jeffery J. Haas Offline


Pooh-Bah

Registered: 08/03/04
Posts: 12805
Loc: Whittier, California
You better pull your money out NOW, the bubble is bursting AS OF TODAY, as of RIGHT NOW.
It peaked at 11 thousand bucks and it is now in freefall.
_________________________
"The Left ones think I'm Right, the Right ones think I'm wrong."

----Leon Russell - "Magic Mirror"
https://www.youtube.com/watch?v=L-H1iQ5Y6Eg

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