Bitcoin

frankly

Greenie
Nov 7, 2013
18
1
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Home built.
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All Treasure Hunting
I believe that the gold rush is over. If you bought in 2010 you could have made a lot of money.
 

Diggin-N-Dumps

Gold Member
Sep 9, 2009
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Fort Worth,Texas
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I believe that the gold rush is over. If you bought in 2010 you could have made a lot of money.

Yea....Like most anything....If you hear about it all over the news...its a few years too late

Sorta like when in 2006 2007 there were TONS of Cash for Gold places buying gold....2 years later..its at an all time high...pretty much the time people that "it was a good time" to get into the Gold biz

Bitcoins to me are about as valuable as Beanie Babies
 

jeff of pa

Super Moderator
Staff member
Dec 19, 2003
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in short, I think it's like having a Pre Paid Credit Card that gains & Looses interest.

One day it may be worth $1000 the next $20.00
& the next $1000,000

Due to the latest Increase & the News the FBI can't even crack Who owns how much,
or what they spent it on, has increased it's Power.

but will eventually threaten it's longevity
 

Native Floridian

Bronze Member
Mar 12, 2012
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Ft Myers, Florida
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Bit coin is an internet currency.

The price fluctuates because there is a finite amount in circulation. That amount is about $21,000,000.

It is primarily used in internet transactions.

it is very volatile. Just this fall, up 50% on good news from the U.S. and down 30% on the bad news that China will not allow it.

That said there is this rich cat selling his mansion for bit coin.
 

frankly

Greenie
Nov 7, 2013
18
1
Detector(s) used
Home built.
Primary Interest:
All Treasure Hunting
Looks like bitcoin might go down. China put a clamp down on digital currency.
 

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