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Go Back   Net54baseball.com Forums > Net54baseball Postwar Sportscard Forums > WaterCooler Talk- Off Topics

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  #1  
Old 06-25-2018, 07:38 PM
redalpha7 redalpha7 is offline
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Default Bitcoin

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
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  #2  
Old 06-26-2018, 10:04 AM
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pokerplyr80 pokerplyr80 is offline
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Start at coinbase.com. Then do a search for how to transfer bitcoin from your wallet to another.
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  #3  
Old 06-26-2018, 12:57 PM
Zach Wheat Zach Wheat is offline
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You need a wallet first. And make sure your codes are secure and you keep a backup. Then you can buy coins from a number of places.
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  #4  
Old 06-26-2018, 03:25 PM
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Elon Musk knows all about the need for a back up for your code

Last edited by ALR-bishop; 06-26-2018 at 09:41 PM.
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  #5  
Old 06-26-2018, 05:28 PM
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Wasn't Bitcoin trading up near 20K a coin not that long ago. It's at 6K and change now.
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  #6  
Old 06-26-2018, 09:35 PM
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Quote:
Originally Posted by Peter_Spaeth View Post
Wasn't Bitcoin trading up near 20K a coin not that long ago. It's at 6K and change now.
I was reading about it today, I think it got to 19k+.....that is a wild ride I am not about to get on. More power to those who do and good luck!!
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  #7  
Old 06-27-2018, 10:17 AM
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Quote:
Originally Posted by Leon View Post
that is a wild ride I am not about to get on.
My sentiments too.
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  #8  
Old 06-28-2018, 01:48 PM
packs packs is offline
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I think your time has come and gone if you were looking to make money on Bitcoin. To me it was always obvious that this was a pump and dump scheme and pumping it up to 20K on hype and then laying an egg on someone else with your coins after you sold was a pretty good scheme. Anyone who got in at 17K and held is probably having a bad time.
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  #9  
Old 06-29-2018, 11:08 AM
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I knew from the beginning it was bad...when you aren't back by ANYTHING, well....that's what you get......it was backed by pure speculation.
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  #10  
Old 06-30-2018, 08:29 AM
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$6400. I say buy now and ride it back up. Start out with .1 share and average in over the next 10 months.
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  #11  
Old 07-08-2018, 06:33 AM
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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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  #12  
Old 07-08-2018, 08:08 AM
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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, 09:04 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 03:00 PM.
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  #14  
Old 12-06-2018, 07:47 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 07:48 PM.
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  #15  
Old 12-06-2018, 08:23 PM
Republicaninmass Republicaninmass is offline
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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, 09:31 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, 01:36 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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  #18  
Old 12-16-2018, 10:39 AM
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I never saw any difference between Bitcoin and the Dutch Tulip craze.
Pump and dump scam is what it looks like to me.
And a little late to get on board now.
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