On Nov 29, Bitcoin's selling price was $11,400.00. On Dec 1st, it was $9000. Very volatile. As a result, Erik Albest had a massive heart attack.
At this rate, he's gonna be broke by the end of next week. Please, we do not want to see the end of days for Erik. I don't want to see him out on the street collecting empty cans like me, so, if you can donate to the "get well Erik" fund, then send your money to ME,
c/o RJC. I will make sure that Erik gets ALL the empty cans that he needs
And if you have any questions about his medical condition, write your questions on the back of a $100 bill and send it to ME c/o RJC. Please enclose a self-addressed stamped envelope and I will get back to you.
Bitcoin Mania
Sort:
Tulip mania.
Dec 2, 2017
0
#4
hey RJC yesterday I dropped a bottle into the ocean. I heard it just hit the shores of Cayman Islands. You could just swim there and get it if it's not too much trouble. When you arrive there ask for Erik, the local fisherman who is holding it for you. 
Dec 3, 2017
0
#5
The total number of Bitcoin is limited to 21 million coins. Only half of it issued so far. If there is demand, the value will go up.
Let's make an estimation. If there are 100 million users who invest $5k each, the total market value will be 500 Billion dollars. Divide it by 10 million coins you get $50K
So, I am predicting that the value of bitcoin will 5 fold sometime in the near future.
Dec 8, 2017
0
#6
DamonevicSmithlov wrote:
A coworker mentioned bitcoin to me a few weeks ago. I had a stock trading account and checked to see if any publicly traded companies were bitcoined related. There were, 3 of them. I threw some loot in them and doubled my savings in about 1.5 weeks. Checkmate.
cool. I wouldn't directly buy Bitcoin myself, because of hackers. Even though Bitcoin gained nearly 60% in value in 6 days after I started this thread. 16669.99 US Dollars today
Dec 9, 2017
0
#8
I’m always amazed at how clueless people still are about bitcoin, as the ignorant comments here clearly show. Do some research, crypto currency will change everything related to human existence as we currently know it.
I'm always amazed by Bitcoin promoters who've never heard of Tulip mania.
"On August 2010 Bitcoin was valued at $0.06 If you invested $6K back then, your investment would make you a dollar billionaire today. "
That's assuming you didn't lose it all at Mt.Gox or Bitfinex.
The problem is not buying them, the problem is selling them.
Dec 9, 2017
0
#12
hairhorn wrote:
"On August 2010 Bitcoin was valued at $0.06 If you invested $6K back then, your investment would make you a dollar billionaire today. "
That's assuming you didn't lose it all at Mt.Gox or Bitfinex.
You can download the bitcoin program which stores your bitcoins. Then disconnect your computer from the internet. Your account will be safe.
[COMMENT DELETED]
Dec 10, 2017
0
#14
The price fell to $14.4K today. Maybe it will bounce back. The problem is people don't trust the middle man in bitcoin transactions.
Dec 10, 2017
0
#15
Theme typically uninformed always bring up tulips. Silly argument, bitcoin technology has value but you have to study to learn about it. Fools like hairhorn are too busy being jealous and bitter to learn.
Dec 10, 2017
0
#16
It's been 7 years since bitcoin is introduced. Major broker firms should add it to their porfolio by now and offer it to their customers. If your bitcoins stored and protected by your broker, and you can spend them by using your brokers debit card, then more people will buy bitcoins.
Tulips had value, too! That was the problem.
No, in fact people were offering entire houses for a batch of 10 tulips. Market collapse has a long and rich history which you are free to ignore, of course, but it might cost you.
You are probably aware of the insane increase in the value of Bitcoin. Last year this time the price was $800. It's more than 10 fold in a year already.
1 Bitcoin worths 10975.08 USD today
If you don't know what Bitcoin is, it's a global payment system using cryptocurrency. You can use it to pay for goods and services at locations where it is accepted on or offline, such as a web store or a coffee shop. You can also trade it just like any currency, as such it's a form of investment.
Some people consider Bitcoin as the greatest invention in the history of mankind. There are estimated 15 million active users in September 2017. Fans even coined a term to describe their tactic of holding on for dear life – Hodl.
On August 2010 Bitcoin was valued at $0.06 If you invested $6K back then, your investment would make you a dollar billionaire today. Bitcoin founder Satoshi Nakamoto (the name used by the unknown person or people who designed bitcoin) holds 1 million Bitcoins. Therefore he has 10 Billion Dollars.