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  #11  
Old 07-08-2018, 07:33 AM
EvilKing00's Avatar
EvilKing00 EvilKing00 is offline
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Quote:
Originally Posted by redalpha7 View Post
I know next to nothing on Bitcoin

I am trying to figure out how I can pay somebody for a service in bitcoin


I have no bit coins. I would like to convert a credit card payment to bitcoin

I would appreciate any help

T
Just some advice, stick with cash
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Looking for T205's or anything Babe Ruth...email or PM me if you have any to sell.
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  #12  
Old 07-08-2018, 09:08 AM
bbcard1 bbcard1 is offline
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There are a couple pretty good podcasts covering the basics. I wish I would have gotten into it. It is the kind of thing that would have appealed to me. I think it has a lot of the warning signs of the dutch tulip crash, but then again so do baseball cards and that doesn't stop me from spending money on them.
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  #13  
Old 07-08-2018, 10:04 AM
ALR-bishop ALR-bishop is offline
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Except you can hold baseball cards in you hand and look at them when they are going down in value


Last edited by ALR-bishop; 07-09-2018 at 04:00 PM.
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  #14  
Old 12-06-2018, 08:47 PM
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Update -- Bitcoin is now at 3350 or so, off its high near 20K. I assume the people who were enthusiastically recommending it in this and at least one other thread feel differently now. I think packs called it just right -- to me it never seemed on the up and up, the price rise was just too meteoric and unexplained.
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Last edited by Peter_Spaeth; 12-06-2018 at 08:48 PM.
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  #15  
Old 12-06-2018, 09:23 PM
Republicaninmass Republicaninmass is online now
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Now it looks like a steal


Much like the baseball card run up!
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  #16  
Old 12-07-2018, 10:31 AM
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There is nothing real about bitcoin so it won't surprise me of its eventual demise. Seems more like a pyramid scheme than anything, to me. Good luck to those investing in it, you will need it.

Quote:
Originally Posted by Peter_Spaeth View Post
Update -- Bitcoin is now at 3350 or so, off its high near 20K. I assume the people who were enthusiastically recommending it in this and at least one other thread feel differently now. I think packs called it just right -- to me it never seemed on the up and up, the price rise was just too meteoric and unexplained.
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  #17  
Old 12-07-2018, 02:36 PM
bbcard1 bbcard1 is offline
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I wish I had gotten into it early. It's the kind of thing I would have enjoyed the mining aspect.

While it is a fiat currency backed by nothing more than faith, you could argue the dollar isn't much more than that. I had a lot of young guys in my office who wanted to invest in it, but I tried to dissuade them. I think it was at $12K when they were thinking about it...

One thing it has done is popularize blockchain which I think will revolutionize security over the next couple of years.

I do like silver and gold at their current price levels, but I don't think there's going to be a dramatic run up.
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