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Thread: It Is Time For You To Start Paying Attention To Bitcoin and Other Cryptocurrencies

  1. #11
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    Is it easy to cash out some of your money from Jamaica, that is convert from crypto to US dollars and have access to that cash in hand in Jamaica?

  2. #12
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    If you register with Bitstamp https://www.bitstamp.net/ they offer a visa debit card which you can use to withdraw your money from anywhere in the world. You can also use Bitstamp to buy Bitcoin with credit card or wire transfer.

    I'm using Bitstamp, they are my main exchange for purchasing Bitcoin.

  3. #13
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    well keep us up to date on how it goes.

  4. #14
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    As mentioned before there's a lot of different cryptos. Too many to keep up. TBH - the right thing to do is take a plunge when they launch (if you know beforehand) and then come out soon after unless you expect it to keep rolling. If I purchased BTC and ETH when I knew about them initially, I'd be rich now.

    If I were American and patriotic I'd probably invest in this when it came out.

    http://www.trumpcoin.com
    Knowing the solution doesn't mean knowing the method. Yet answering correctly and regurgitation are considered "learning" and "knowledge".

  5. #15
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    LOL there is a coin for everything now it seems
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  6. #16
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    Remember when you needed 10,000 bitcoin to buy two pizzas? That was just 7 years ago. How times have changed.
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  7. #17
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    Yesterday BitCoin was at $12,000+ to $1 .. Now today it's $17,000+ this thing look like it's heading for a crash

    Then this morning $64m in BitCoin was stolen....

    Nearly $64m in bitcoin has been stolen by hackers who broke into Slovenian-based bitcoin mining marketplace NiceHash.

    The marketplace suspended operations on Thursday while it investigated the breach, saying it was working with law enforcement as “a matter of urgency” while urging users to change their passwords.

    The hack was “a highly professional attack with sophisticated social engineering” that resulted in approximately 4,700 bitcoin being stolen, worth about $63.92m at current prices, said NiceHash head of marketing Andrej P Škraba.
    https://www.theguardian.com/technolo...hash-passwords
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  8. #18
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    O well....

    Bitcoin has given investors whiplash yet again.

    Just after hitting a new record of more than $17,000, the digital currency plummeted Friday. Its price nosedived more than $3,000, swinging wildly between a high of $17,154 and a low of $13,964, according to tracking site CoinDesk.

    Bitcoin has been on a wild ride this year. Its price has soared from less than $1,000 in January -- but with occasional sudden drops along the way.
    http://money.cnn.com/2017/12/08/inve...ice/index.html
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  9. #19
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    Well i lost about 10 dollars in that nice hash hack lol but if they didn't make it so expensive and unattractive to mine to our personal wallets then lots of people would still have their bit-coins right now. The price will always see large swings down because once it reaches a certain high people will mass sell to gain some profits witch will make the price go back down. Its better to invest in other coins with the profits so when bit-coin falls you can gain even more when the other coins start to rise. I spent $10 and bought some other coins and now that investment is worth $120 after a few weeks.
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  10. #20
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    I've invested in BTC and ETH, made over 200% my investment in less than 2 months, cashed out. Now i'm reinvesting in ETH BTC and LTC. Im not a holder, i invest make a profit then cash out.

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