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Bitcoins

Discussion in 'General Chat' started by helloworld, Nov 18, 2013.

  1. Scott.L

    Scott.L Membership: Trader

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    Scott check out https://link.smartcontract.com/ ;)

    The LINK Network is the first decentralized oracle network; allowing anyone to securely provide smart contracts with access to key external data, off-chain payments and any other API capabilities. Anyone who has a data feed, useful off-chain service such as local payments, or any other API, can now provide them directly to smart contracts in exchange for LINK tokens.

    Damn good looking ICO
     
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  2. Scott.L

    Scott.L Membership: Trader

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  3. Scott.L

    Scott.L Membership: Trader

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  4. Scott7

    Scott7 Membership: Trader

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    Hey, hey, hey, 11k.
    upload_2017-11-20_23-48-51.png
     
  5. DnEbook

    DnEbook Membership: VIP

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  6. Scott7

    Scott7 Membership: Trader

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    Shock, horror, a non-auDA related post! o_O Is that even allowed? :eek:

    In terms of ICOs there is a lot of dodgy stuff going on, including many outright scams.

    Bitcoin, on the other hand, is a different beast. While there may be a major price correction, even it's as high as 80%, I don't think Bitcoin is going away any time soon. While much of the current investment is speculation, it is being used in other parts of the world with major currency and banking issues for cross boarder payments that otherwise require dangerous and illegal maneuvering.

    The surface is only being scratched in terms of the uses and complementary technologies, for a limited supply, decentralised, non-confiscatable, non-freezable, store of value, peer-to-peer currency.
     
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  7. Scott7

    Scott7 Membership: Trader

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    Make that, 'border'. o_O I really should have made use of FindTim's Proofreading Service. :D
     
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  8. findtim

    findtim Membership: VIP

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    history of stock markets tells the future, there will be a correction, its just picking when to say the obvious.
    an interesting view: , start at 15min 15 sec , if you want a short view then you only need 3 minutes of your time. it is much longer but.

    tim
     
  9. Scott7

    Scott7 Membership: Trader

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    1 BTC = 12,400 AUD
     
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  10. DnEbook

    DnEbook Membership: VIP

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    Time to sell and buy comics
     
  11. Scott7

    Scott7 Membership: Trader

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    Now 13k. Insane.
     
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  12. DnEbook

    DnEbook Membership: VIP

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    Are you that guy that is selling his house and accepting bitcoin as part payment? (on the news last night)
     
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  13. Shane

    Shane Membership: VIP

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    Where would one go if they wanted to dip their toe in the water?
     
  14. johno69

    johno69 Membership: VIP

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    To the lake?
     
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  15. Shane

    Shane Membership: VIP

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    scrooge-mcduck.jpg
     
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  16. Callum

    Callum Membership: Community

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    Bitstamp are good. Can use a CC, low fees too.
     
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  17. DnEbook

    DnEbook Membership: VIP

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    Go back in time !
     
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  18. Shane

    Shane Membership: VIP

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    Thanks Callum.

    Any thoughts on CoinJar? They seem to be popping up a lot in my research, and on the surface seem okay. I also try to deal with Australian companies whenever possible, which ticks another box for them.

    And a warning to others on this thread - the price will most likely dive once I get in... :confused::p
     
  19. Callum

    Callum Membership: Community

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    I have not used them personally sorry. In my experience, the majority of the Aussie providers have huge fees on transactions so i tend to avoid.
     
  20. Scott7

    Scott7 Membership: Trader

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    No, but he sure has stepped on to one dangerous roller coaster going in that big at this price. Today on the Australian Crypto Exchange platform, the highest price paid for one Bitcoin is $14,663.53 and the lowest is $12,950. With swings like that in a single day anything can happen.

    If he can hold long term I think he does well, but he may need to be able to withstand a substantial drop where the market doesn't rebound for an extended period of time. At the end of 2013 when the market crashed, it didn't make a full recovery until late 2016 / early 2017. If it's more than he can afford to lose then it's a big gamble.
     
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