Bitcoin- going through the roof!

Nope. Prefer to swop for plants, home made jam, Jeep spare parts. Rope gets more valuable if buyer is firmly stuck in mud. We take crinkly bits of paper with the Queen's head on for attaching it to our Jeep though...........

Only teasing Merve!

There you have it.

Went down the bank today and asked what the exchange rate was for a bit coin and could I use one to repay my overdraft?  Got a polite refusal.

I must admit I still cannot see their value even though Richard is allegedly buying them.

Echoes of the South Sea Bubble methinks!

We'll see Rf. The banks are the last places to ask- see OP😂😂😂😂

Saturday, 12th Aug- Bitcoin is at an all time high again - now over £3000 a coin. I started this thread on the 6th - 5 days ago when a bitcoin was worth £2,500 and said it appeared  a good investment- I feel sure it will go higher- much higher. It's very volatile though and that is what scares many people off. Will this become the money of the future- I wouldn't be at all surprised. 

When I started this thread, Bitcoin was at around £2,500 per Btc. On the 8th August it was at £2,632.89. Today the 31st Aug it's at £3666.90!! And climbing. Is this the future of money? That would have been quite an investment -  if you had bought just one Btc 23 days ago when I suggested it, you would be sitting on a profit of over £1000!! Not bad for just sitting on your A frame and waiting! .......Where,  I wonder,  will this new assert class end up? 

I have come back to this thread after approximately 3 months. I read my post above and I hope someone, somewhere, started to research Bitcoin. If they then went on to buy some they would have bought it when it was about £3000 a coin although realistically, a punt of a couple of hundred quid into it would have probably been the investment. You can do that because Bitcoins is divisible going down to 100 millionth of a coin. This morning, Bitcoin topped 10,000 dollars. approx £7,550 Sterling. A 150% rise in it’s value in just 3 months. If you don’t know about Bitcoin, may I suggest that you search out a guy on the web called Sam Volkering. A website called Capital and Conflict. There are others and a wealth of info on YouTube  This asset class is the new money free from Government interference and very low transfer charges. The stupendous rises haven’t finished yet- it still has a long long way to go. Hedge funds are now investing in bitcoin and the smart money is going into Btc. Sam Volkering is predicting £100 into £49,000 even now?? Can you afford not to look at ? You can buy me a drink when you make your first million!! 

 Are there any members tha have actually got any bitcoin Roger

I have but I wish I’d bought more! . I give the info and it’s up to you. You can lead a horse to water. Of course, like any new investment one should never risk more that you can afford to lose. 4 years have past with financial wizards saying it’s a bubble and it’ll crash and they’ve all been proved wrong- bitcoin is way past a bubble. I’ll post again in 3 months time and it’ll be higher still. Some billionaire hedge fund manager reckons $40,000 by the end of 2018. I wouldn’t be at all surprised. 

Anyone want to buy a tulip bulb?

So even you think it’s a bubble Cyber? The bankers desperately want folk to believe it is so they don’t invest in it. Bitcoin makes banks irrelevant and they know it. Hundreds of epitaphs have been written for Bitcoin and not one has come true nor will they.  We will see. We will see!