Around $23.38M i think...

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FlySurfer said..
Can somebody tell me how much I would've made had I invested $10000 in BTC back in 17 Oct 2011 6:43PM when I was considering it?
Here bottom of page: www.seabreeze.com.au/forums/General-Discussion/Chat/world-peoples-movement?page=1

You don't want to know.

You probably would have spent it by now.





















No really. You don't.














Or worse, you could have lost it. Been able to see the contents of the address, but lost the keys to unlock it.
That would be the worst outcome.



















Don't do it FlySurfer. Close the browser now.































Last chance.



















It was trading @ $2.40 on 17/10/2011
www.xe.com/currencycharts/?from=XBT&to=AUD&view=10Y

You'd have 4,166 btc.

It is now trading at $8,000.

About $32m.

...I am never skipping a posted video again.

geeze you would of clean up big time! If it followed most curves it be heading for a blow of phase soon? But hey anything is possible Good luck to you all!

Bitcoin up another 5% today, ETH up too. Had to have a double take on my blockfolio this morning as I thought it must have been a mistake.

I'll add, to both this thread and that old one, that bitcoin and banks work together just fine.

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WHAT?!

Yes really.

Bitcoin and central/reserve banks do not, however. Those are the banks bitcoin seeks to disrupt.

Fractional Reserve can work just fine with bitcoin and Westpac, Commbank et al.
It wouldn't surprise if me if exchanges are doing it already.

Oh look Panda

https://connectsocial.io/

Hooked up with these guys last night on Telegram. Social Media on the Blockchain.

This is a new ICO out of Brisbane of all places.

You should tell them that blockchain is not suitable for Social Media.

You must be getting muddled up - so many forks. The last fork was Bitcoin Gold not Bitcoin Cash - that was months ago.

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evlPanda said..
About $32m.
...I am never skipping a posted video again.
.
.

And instead I invested triple that in an oil (LON:OLWP) and coffee (LON:COFF) ETF among other losers, bcos of the sudo war against Russia, turmoil in the middleeast, and coffee tree infections ... But I can pretty much guarantee if I had invested in BTC nobody would be talking about it now, seriously I have this special ability.

Not sure you skipped the video bcos you linked to: arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/

And a page later back in 19 Oct 2011 9:32PM

I wrote:

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I see gold ~ US$1400.
I see A$ @ 0.70
I see property in a death spiral, and those with debt been hammer by the banks.
PS: I still have a farked eye.

LOL.. total loser, but another funny and unfortunate event, my farked eye became farked again this week... CSR :(

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FlySurfer said..

evlPanda said..
About $32m.
...I am never skipping a posted video again.
.
.

And instead I invested in an oil (LON:OLWP) and coffee (LON:COFF) ETF among other losers, bcos of the sudo war against Russia, turmoil in the middleeast, and coffee tree infections ... But I can pretty much guarantee if I had invested in BTC nobody would be talking about it now, seriously I have this special ability.

Not sure you skipped the video bcos you linked to: arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/

And a page later back in 19 Oct 2011 9:32PM

I wrote:

I see gold ~ US$1400.
I see A$ @ 0.70
I see property in a death spiral, and those with debt been hammer by the banks.
PS: I still have a farked eye.

LOL.. total loser, but another funny but unfortunate event, my farked eye became farked again this week... CSR :(

This is hilarious. Please don't invest In crypto now.

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FlySurfer said..
Can somebody tell me how much I would've made had I invested $10000 in BTC back in 17 Oct 2011 6:43PM when I was considering it?
Here bottom of page: www.seabreeze.com.au/forums/General-Discussion/Chat/world-peoples-movement?page=1

Imagine how many lots of $10,000 you'd have needed to have invested in every other hairbrained investment opportunity that was available at that time. The answer? A sh!t load more than $32 million or any other amount you can dream up.

Same concept as when you hear of someone winning some crazy accumulator bet at amazing odds. You'll always find them in hindsight. Totally meaningless in the present.

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FlySurfer said..

evlPanda said..
About $32m.
...I am never skipping a posted video again.
.
.

And instead I invested triple that in an oil (LON:OLWP) and coffee (LON:COFF) ETF among other losers, bcos of the sudo war against Russia, turmoil in the middleeast, and coffee tree infections ... But I can pretty much guarantee if I had invested in BTC nobody would be talking about it now, seriously I have this special ability.

Not sure you skipped the video bcos you linked to: arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/

And a page later back in 19 Oct 2011 9:32PM

I wrote:

I see gold ~ US$1400.
I see A$ @ 0.70
I see property in a death spiral, and those with debt been hammer by the banks.
PS: I still have a farked eye.

LOL.. total loser, but another funny and unfortunate event, my farked eye became farked again this week... CSR :(

Take it easy, FlySurfer...
Even Einstein missed his lifetime opportunity to become filthy rich.
If only he had gotten a second mortgage on his house in Bern, Switzerland, in 1905, and invested the money in known uranium deposits before telling the world that E=Mc2, he would be a billioneare.

FlySurfer, since your next stock is bound to plummet anyhow, are you going to toss that $10K into bitcoin today? Or in another 5 years are we all going to be reading another post from you..."How much would I have made if I invested $10K in bitcoin in 2017" ?

My take is that it is either going to die and become worthless, or it is going to start splitting into the 0.0000000001 bits that have recently been discussed, with a whole bitcoin being worth a motza. If you've got the money to waste (and seems like you've made a pastime out of flushing $$$ down the drain), then you'd be silly not to at least buy a couple of bitcoins. Probably a long shot, but will pay handsomely if it works out.

I'm even going to take my own advice. Crypto, what's the simplest way to buy a few bitcoins?

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Harrow said....
I'm even going to take my own advice. Crypto, what's the simplest way to buy a few bitcoins?

https://www.aussiecryptotrader.com/gettingstarted/

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Harrow said..
FlySurfer, since your next stock is bound to plummet anyhow....
I'm even going to take my own advice. Crypto, what's the simplest way to buy a few bitcoins?

Gona buy property... Mrs says so.

Open a coinbase account...takes 5mins. www.coinbase.com/

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cryptotrader said..
Oh look Panda

https://connectsocial.io/

Hooked up with these guys last night on Telegram. Social Media on the Blockchain.

This is a new ICO out of Brisbane of all places.

You should tell them that blockchain is not suitable for Social Media.

You must be getting muddled up - so many forks. The last fork was Bitcoin Gold not Bitcoin Cash - that was months ago.

Blockchain is not suitable for social media. What are you transacting of value on Social Media? Likes?
Yes, you absolutely can use blockchain for social media. But why? That is the question. It's not appropriate as the run-of-the-mill behemoth, bullet-proof, battle-tested databases like Oracle and co, nor is it as applicable as something like NoSQL. So why use blockchain as a database except to be using a buzzword?

Reminds me of projects around the turn of the century that had to be using Oracle to get funding. They'd use Oracle to store a config script.

Here are the co-founders:



Ah, BTG. I'd forgotten that even went live. Opens to public tomorrow, but f'd if I know how to move it to an exchange, or an exchange that will exchange it, or who's behind it, or where it's at, nor if it's even remotely safe to move it (it's not). Bit of a fizzle.

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toppleover said..

cryptotrader said..
https://www.aussiecryptotrader.com/gettingstarted/

That's a great site & wish I had found it before I got started.
Just wondering why you don't recommend Coinspot as an Aussie exchange ?

Here is the definitive guide to all the "Australian" exchanges complete with live prices and fees.

www.blockcoin.com.au/

I use btcmarkets and IR and ACX.IO mainly because of the fees. I then move coins to international markets bittrex.com and binance.com to trade alts.

I have 50% ETH and about 30% Bitcoin which I accumulate. 10% are in good Alts and then gamble 10% on coins keeping rigid upper and lower stops. The reason I've done so well is partly because I got lucky while gambling on these when I first entered the crypto market... These days I'm more conservative and a hodler.

I just got to ask how bitcoins get stolen from mtgox when it is meant to be transparent and traceable?

"The company said it had lost almost 750,000 of its customers' bitcoins, and around 100,000 of its own bitcoins, totaling around 7% of all bitcoins, and worth around $473 million near the time of the filing.[72][73] Mt. Gox released a statement saying, "The company believes there is a high possibility that the bitcoins were stolen," blamed hackers, and began a search for the missing bitcoin.[10][37] Chief Executive Karpel?s said technical issues opened up the way for fraudulent withdrawals."

https://blockchain.info/block-index/147599

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Poida said..
I just got to ask how bitcoins get stolen from mtgox when it is meant to be transparent and traceable?

"The company said it had lost almost 750,000 of its customers' bitcoins, and around 100,000 of its own bitcoins, totaling around 7% of all bitcoins, and worth around $473 million near the time of the filing.[72][73] Mt. Gox released a statement saying, "The company believes there is a high possibility that the bitcoins were stolen," blamed hackers, and began a search for the missing bitcoin.[10][37] Chief Executive Karpel?s said technical issues opened up the way for fraudulent withdrawals."

You can steal money, you can steal bitcoin - what's hard to undertand?

Yeah, the Mt Gox site has got a very interesting history. I think it was a gaming website that somehow turned into a bitcoin exchange, the guy who started it couldn't handle all the traffic and sold it to another guy then it got hacked in 2011 and people lost a lot of coin. en.wikipedia.org/wiki/Mt._Gox

Crazy stuff happens every day while trading - all part of the fun. Just last week binance.com issued double the amount of coins for a new ICO. One trader said he got double and managed to withdraw and close his account. Binance then stayed closed for a couple of hours and people couldn't trade.

There are risks - as I said this isn't for everyone.

People with weak hands need not apply.

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FlySurfer said..
LOL.. total loser, but another funny and unfortunate event, my farked eye became farked again this week... CSR :(

If you had bought $10k's worth at $2.50 at what point would you have freaked out, and exchanged some or all of the btc back to dollars, or something else like property? @ $100? @ $500? @ $1,000? Surely you'd not have held al of it until now. That would be foolish.

Or worse. I'm helping someone right now by brute forcing their encrypted drive that has btc on it from many years ago. They have forgotten he password (but have some ideas to narrow it down).

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cryptotrader said..
Oh look Panda

https://connectsocial.io/

Hooked up with these guys last night on Telegram. Social Media on the Blockchain.

This is a new ICO out of Brisbane of all places.

You should tell them that blockchain is not suitable for Social Media.

You must be getting muddled up - so many forks. The last fork was Bitcoin Gold not Bitcoin Cash - that was months ago.

Ok, I'll bite some more.

Why use their own currency? Why not use ethereum or even bitcoin, and take a percentage of the transactions as their income, if they are so confident?

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evlPanda said..

cryptotrader said..
Oh look Panda

https://connectsocial.io/

Hooked up with these guys last night on Telegram. Social Media on the Blockchain.

This is a new ICO out of Brisbane of all places.

You should tell them that blockchain is not suitable for Social Media.

You must be getting muddled up - so many forks. The last fork was Bitcoin Gold not Bitcoin Cash - that was months ago.

Ok, I'll bite some more.

Why use their own currency? Why not use ethereum or even bitcoin, and take a percentage of the transactions as their income, if they are so confident?

Ok I'll answer some more.

Ask them Einstein.

Their ICO doesn't appeal to me - too ambitious and un-original.

I think something like this may have a better chance. cartaxi.io/

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cryptotrader said..
I use btcmarkets and IR and ACX.IO mainly because of the fees. I then move coins to international markets bittrex.com and binance.com to trade alts.

Well I must be on the right track then as I only recently started out in this caper and use BTCmarkets, Bittrex and Binance (as well as Poloniex) and a Ledger Nano S hardware wallet (as well as MyEtherWallet for ICOs).

Just observing how these transactions work is giving me some insight in the connectivity of these entities such that we are still only in an early beta-phase for the blockchain model (which is mainly applied to cryptocurrency uses at the moment).

Interesting times are indeed ahead.

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cryptotrader said..
You can steal money, you can steal bitcoin - what's hard to undertand?

Not the answer everyone was expecting. After reading about how wonderful the distributed ledger is, and how secure it all is...your now telling us it's no different than what we already have. Not so special after all. Probably worse. Meh.

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Harrow said..

cryptotrader said..
You can steal money, you can steal bitcoin - what's hard to undertand?

Not the answer everyone was expecting. After reading about how wonderful the distributed ledger is, and how secure it all is...your now telling us it's no different than what we already have. Not so special after all. Probably worse. Meh.

We used to access the internet on dial up. It's an invention that will and is evolving. So what if a few normies are skeptical about it - they are not making "generational" wealth from it.... are they - lol.

Below is an alert I just got. I trade these sometimes. This went up almost 30% in 5 minutes.

MCO is pumping: up 28.88%

24h High: 0.001965
24h Low: 0.00141001
Last: 0.00192

High: 0.00194999
Low: 0.00186
Median: 0.0019006
Volume: 23.49 btc
Trades: 200 in past 29 seconds

cant even afford to pay for your ****ing bit coin >how the **** do you expect to make money. Gona end up owing a lot people money. rule 1 * don't owe anyone anything ... . I cant repair you your to ****ed. .

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busterwa said..
cant even afford to pay for your ****ing bit coin >how the **** do you expect to make money. Your ****ed beyond repair. Gona end up owing a lot people YOUR ****ED BEYOND REPAIR crypto. .

Bitcoin is for uneducated/ pyramid scheme Fad run on demand. You can post **** like that But you have no understanding of accumulative assets Your understanding is very elementary. ., If I invested in your crypto id be ****en broke. You and your ****en bitcoin is a ****en fraud./ Good for ****s that have **** and and nothing to loose. YOUR ****ED BEYOND REPAIR.

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busterwa said..
Bitcoin is for uneducated/ pyramid scheme Fad run on demand. You can post **** like that But you have no understanding of accumulative assets Your understanding is very elementary. ., If I invested in your crypto id be ****en broke. You and your ****en boitcoin is a ****en fraud./ Good for ****s that have **** and and nothing to loose.

Hahaha farking angry ranting normie.

Weak hands - lol

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busterwa said..
. cant loose what you haven't got . Bitcoin Like might aswel go down to the casino and throw your hard earned assets on black or red. You need to be pegged down before you lose it all. my fambily worked to hard for our assets. be ****ed im gona gamble it . . Your borrowing money you don't have to invest in a false currency . You understand whats happening here? Banks will take your house and repossess anything you own. They don't give a **** about your bit coin investments. You understand the risk involved here?These ****s that are lending you money don't give a **** if your family is broke homeless.

You procrastinate and complain, meanwhile I wake up with a smile on my face. Bitcoin hit another all time high last night. Up another 5% today.

If you had chosen to invest some money in the market rather than complain - how much would do you think you would have made? How long have you been at it now - I mean whinging to people on this thread about things you cant substantiate?

Maybe, I should I rephrase the question - how much longer will you continue this meaningless ranting?

www.coindesk.com/bitcoins-price-climbs-6300-hit-time-high

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cryptotrader said..

Poida said..
I just got to ask how bitcoins get stolen from mtgox when it is meant to be transparent and traceable?

"The company said it had lost almost 750,000 of its customers' bitcoins, and around 100,000 of its own bitcoins, totaling around 7% of all bitcoins, and worth around $473 million near the time of the filing.[72][73] Mt. Gox released a statement saying, "The company believes there is a high possibility that the bitcoins were stolen," blamed hackers, and began a search for the missing bitcoin.[10][37] Chief Executive Karpel?s said technical issues opened up the way for fraudulent withdrawals."

You can steal money, you can steal bitcoin - what's hard to undertand?

Yeah, the Mt Gox site has got a very interesting history. I think it was a gaming website that somehow turned into a bitcoin exchange, the guy who started it couldn't handle all the traffic and sold it to another guy then it got hacked in 2011 and people lost a lot of coin. en.wikipedia.org/wiki/Mt._Gox

Crazy stuff happens every day while trading - all part of the fun. Just last week binance.com issued double the amount of coins for a new ICO. One trader said he got double and managed to withdraw and close his account. Binance then stayed closed for a couple of hours and people couldn't trade.

There are risks - as I said this isn't for everyone.

People with weak hands need not apply.

If the bitcoins cant be traced they are then very useful for drug cartels and groups laundering money to different countries. Or a Chinese property developer shifting money out of china, to say Australia etc?
previous post suggest they are traceable?

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Poida said..
If the bitcoins cant be traced they are then very useful for drug cartels and groups laundering money to different countries. Or a Chinese property developer shifting money out of china, to say Australia etc?
previous post suggest they are traceable?

^^^ blockgeeks.com/guides/what-is-bitcoin/ ^^^

An acquaintance of my son was a drug dealer some years ago - buying drugs on Silk Road using bitcoin.

So the law caught up with him and he was placed into rehab, it was when he was there the price of bitcoin shot up from less than $100 to over $1,000.

My son caught up with him a couple of months ago - he's still a farked up drug addict, but he drives a brand new mustang.