Has anyone here ever had a go with Bitcoin?

I’ve been hearing a few people talk about Bitcoin & to be honest I don’t really understand how it can possibly work if there’s nothing to back it up, but I was just curious if anyone had had a go & lived to tell the tale!?

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luctoretemergo · 61-69, M

If you don’t understand it there’s your answer. Unless you have money you don’t need and all your other investments are secure....otherwise please don’t! I’m “in the business” and I can assure you this is not a place to get advice on anything let alone finance!

Chrisy1 · 18-21, F

Wise words!@luctoretemergo

LadyGrace

I've heard from someone who used it, that's something you don't want to get mixed up with.

BetweenKittensandRiots · 36-40, MVIP

For the record I still believe in crypto but I sure as fuck am not putting my trust fund into the market.

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BetweenKittensandRiots · 36-40, MVIP

@Chrisy1 it blows my mind that the grant ALONE basically PAYS my first two years.

Chrisy1 · 18-21, F

Sounds like you know your stuff on investing! Not sure what VTI refers to? And stock market - isn’t that just going up all the time!? @BetweenKittensandRiots

BetweenKittensandRiots · 36-40, MVIP

@Chrisy1 VTI is vanguards total stock market ETF... an index fund

Sparklingwindd · 41-45, M

Times up dont touch them now.

Chrisy1 · 18-21, F

Probably sensible! Personally I have no idea how they work so I wouldn’t touch them anyway!! @Sparklingwindd

Sparklingwindd · 41-45, M

@Chrisy1 I would wait to see how the blockchain tech evolves in future.. Some of my pals are working on this here in AU.. they have high hopes for the technology . I prefer to wait..

GoldButterfly · F

there is a new coin called PI that I am mining. I don't cost anything to mine it. I have heard it is going to be greater than bitcoin.

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GoldButterfly · F

@Chrisy1 Lol, that is how I thought it worked. This new coin called PI is mined on a timer from a cell phone. You just install it, activate it and start mining coins. The catch is that it is by invitation only. But is anyone wants to mine it I can give an invitation. I would suggest to research it before you start mining it.

BetweenKittensandRiots · 36-40, MVIP

@GoldButterfly I got in relatively early in the Bitcoin journey I forget which year but it's probably been nearly a decade... fucking crazy 10 years.

There's a reason I wouldn't let my trust fund ride that...

GoldButterfly · F

@BetweenKittensandRiots Oh no, don't put money in it. One don't know where it may go in the future. That is what I like about this new PI coin. It can't be bought right now. Only mined. Nothing to lose with that one. With bitcoin one could lose a lot of money with just one coin. Way to risky for that

stound

I remember making a wallet. I might have put some money into it.. .but I'm sure that wallet is long, long gone now.

BetweenKittensandRiots · 36-40, MVIP

yep.

It's been an insane ride. Not for the faint of heart to say the least.

[youtube=https://www.youtube.com/watch?v=s6WjGnkWzbs]

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