Let's talk about Cryptocurrencies

[GirlySports]

I need dogecoin to go up as well, I have lots

[JohnnyB]

Originally Posted by GirlySports

I need dogecoin to go up as well, I have lots

Really? If you do, you should probably sell it. It's up almost 90% in the last day since Elon Musk tweeted about it.

[GirlySports]

Originally Posted by JohnnyB

Really? If you do, you should probably sell it. It's up almost 90% in the last day since Elon Musk tweeted about it.

I should, maybe see what happens tomorrow.

[topfiverecords]

Oh nice, my Dogecoin is worth a couple dollars now. I can finally retire.

[accord1999]

Originally Posted by dino7c

Just here to point out the usual suspects scoffed at buying $1500 BTC earlier in this thread

Since you've been quiet during this historical run of the last several weeks, I can only assume you've been busy customizing your new Lambo?

[dino7c]

Originally Posted by accord1999

Since you've been quiet during this historical run of the last several weeks, I can only assume you've been busy customizing your new Lambo?

HODL

Paying off my house could be in the near future though

[Winsor_Pilates]

Please tell me many of you are millionaires now?
If you were just pumping things in this thread and didn't actually own a bunch of Bitcoin, that would be such a shame.

[Krovikan]

Millionaire no, didn't have enough to take a risk with, and as it went up I sold some of my position. But, my TSFA is loving this upward movement.

Sent from my Pixel 5 using Tapatalk

[Azure]

I'm not sure how many people are millionaires, but I know quite a few who have paid off their mortgage and gotten out of debt the last few months with the rise in the BTC price.

[Table 5]

And we have 40K Bitcoin today...

Doubled in a month basically.

[Winsor_Pilates]

Curious how much higher you guys think it will go in 2021? $100,000?

[CaptainReboot]

Got as high as 51K today. Glad I turned my mining rig back on. My buddies who turned theirs off are all turning them on again.

[karl262]

Originally Posted by captainreboot

got as high as 51k today. Glad i turned my mining rig back on. My buddies who turned theirs off are all turning them on again.

asic?

[afc wimbledon]

time to invest in video card manufacturers then

[karl262]

At this point the bitcoin blockchain difficulty is so high its probably not worth it for home miners to even try, probably better mining some other coin. Thats one of the critiques against a proof of work blockchain, as price goes up, difficulty goes up, rewards go down, so the only entities which can hash to the level needed are these huge mining centers. You need ASIC miners, which are patented and with very few manufacturers. It slowly evolves into something centralized in that sense.

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[CaptainReboot]

Originally Posted by karl262

asic?

I am doing CPU mining and using 2 x 1060 video cards. I’m using a program called Nicehash. It does not mine Bitcoin directly but rather alt coins. It determines what’s the most profitable at the time and automatically mines those. You get paid in bitcoin directly into their wallet. From there I move the proceeds into Coinbase.

If you already have a decent video card, it takes no time to setup as you just install the software and run it.

[jar_e]

Bitcoin with a pretty big dip today. Probably a good time to buy in. $170bn of crypto value wiped out today...sounds like a bunch of sell offs for Bitcoin and Ethereum.

[GirlySports]

Yeah, down nearly $10,000 US in the last 24 hours. DOGE is back down to $0.007 US

[Table 5]

If you believe in this thing, it's a hell of an opportunity to back up the truck.

I only kinda/sorta do, so I only topped up a little bit.

[topfiverecords]

Originally Posted by GirlySports

Yeah, down nearly $10,000 US in the last 24 hours. DOGE is back down to $0.007 US

Retirement delayed