Bitcoin hits $750

Can you believe it? Who has any?
Comments
29
I used to have 0.5 but I lost my absurd passphrase to my wallet.

Im reading stories about people who bought for 0.04$...
I dont think I wouldve kept them after them after the last bubble.
I found out about them when they were like 0,80$ each but thought it was retarded, atleast i got in early on litecoins, got 80+ of them and they skyrocketed relatively faster than BTC today. Not gonna get rich of them any time soon though.
Some people are predicting ltc will hit $50 within a week or so. Tempted to buy some but I don't want to get too greedy.
Parent
I'm just looking at the longterm now, so I won't be selling anytime soon. But I'll buy more if it goes <3$ though
Parent
is it like stocks but without any theoretical anchorpoint? yepp
I've got a thousand bitcoins from silkroad days, wat do
nobody uses those things anymore now that silk road is gone, ill give you 10 euroes
Parent
you were using silkroad?
Parent
Silkroad got closed by the fbi like a month ago lol so if you had money there better leave it there ;)
Parent
Used all mine to buy a hit on loazis.
The fuck is going on. 2 weeks ago i wanted to buy for 160 pounds now I afraid to invest. 500£ and growing.
Some ppl say its not going to stop.. but it has to, right?!
considering there is a maximum number of bitcoins worldwide and that there is not a maximum number of coins+bills of actual currency, its not going to stop ever
Parent
lol.

yeah it will, once the groups that hold the high amounts of them decides to sell.
Parent
doubt thatll happen though, there are people that fully believe that BTC will become the main currency on earth
Parent
Thats not gonna happen :D
Parent
been as high as $900 and as low as $502, today alone. currently at $732

BTC will never make it anywhere but a random internet money used to buy drugs.
Parent
well it will probably make it really soon to a subcurrency, >it is already traded more than some smaller countries currencies<. Ofc nowhere near the amount of eur or usd. I wouldnt say it will never make it anywhere...and a random internet drug money a few months ago silkroad (the biggest online drug market) got closed and its founder arrested and the bitcoin price remained high and went up. It hit $900 today which is insane, so it will probably get more regulated if it continues like that, but whatever happens with bitcoin I dont think it will ever make it to a major or even a minor currency in terms of volume traded.
Parent
The problem is more exchanging it for real currency and there's a ridiculous amount of waiting time with for example MtGox.
The whole thing is rather unpredictable and last night when it shot up then crashed back again people were trying to take it out at the peak and then this happened...

image: AGDE60o

QuoteDear Bitstamp clients,

We are currently experiencing some problems with our banking software. As a result, deposits and withdrawals may be delayed. We expect this issue to be solved be resolved tomorrow or the next day.

We kindly ask our customers with pending transfers to remain patient and refrain from submitting additional support tickets on the matter. We will announce as soon as this issue gets resolved.

Thank you for your understanding.

Best regards,
The Bitstamp team


If you got a small amount of cash to throw around, it could be worth investing but quite the hassle
Parent
I got some not much but I wouldn't recommend it as a mid or long term investment at all (now*) since it has been proven to be extremely volatile and there have been some big thefts
*now the price is to high to buy, unless you got big $$
This was a very awesome long term investment 2 years ago (if you invested $1000 then you would have over $350.000 in net profit now, which is brutal) but now is no longer possible.
**ofc this idiot quebratolas didnt mine over 9000 dollars worth of bitcoins but dreaming is free.

store them offline
e: EVER
Parent
I heard you are stupid so I am not even going to....
Parent
i have 10.4btc and still mining
buy apple instead. hate the company and their products, but it's a great time to buy for them.

edit: also verizon is another great long term investment, but i'm assuming most of yall are looking for quick cash returns...
How on earth is it a good time to invest in Apple?
Parent
cause it's only around $520 when it should be valued around ~730. WIth the iphone 6 coming out I'm thinking as well as actual investors that it's going to reach near $1000 over the next 2 years
Parent
With regards to this post I think Apple really need to drastically change their market if they expect to remain in profits. There have been no new technologies and in my eyes the only thing worth buying perhaps is the new mac pro, which is a beautiful device. The iPhone has changed little as has iOS, on top of this the fact that 1 manufacturer (Samsung) has been selling more devices than Apple suggests it is losing ground.
Parent
invest in solar panel recycling companies
Everybody bought solar panels last couple of years. Solar panel has a lifetime of +/- 10 - 15 years.
long term investment but worth the wait imo.
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