Continuing the Bitcoin thread from the old site here.

http://www.ohiochatter.com/forum/showthread.php?48535-Bitcoin

One of my coworkers has a 25 year old nephew that got into etherium when it was $0.30. Kid has big money now.   

posted by superman

One of my coworkers has a 25 year old nephew that got into etherium when it was $0.30. Kid has big money now.   

Nice. Lucky SOB.

posted by justincredible

Nice. Lucky SOB.

I clicked + on the OP, + on superman's post, and 'quote' on this post. Not sure multi-quote is functioning correctly, unless I'm doing something wrong.

posted by GOONx19

I clicked + on the OP, + on superman's post, and 'quote' on this post. Not sure multi-quote is functioning correctly, unless I'm doing something wrong.

You should see a green button in the bottom right that says "Quote X Posts". Click that one.

posted by justincredible

You should see a green button in the bottom right that says "Quote X Posts". Click that one.

Ok, I tested this on my phone and noticed the button was pushed off the page a little bit, so it was probably hard to see (I think you're a mobile user). I'll get that fixed this weekend, will be easy.

posted by GOONx19

I clicked + on the OP, + on superman's post, and 'quote' on this post. Not sure multi-quote is functioning correctly, unless I'm doing something wrong.

posted by justincredible

You should see a green button in the bottom right that says "Quote X Posts". Click that one.

Works fine now, I think. I just didn’t didn’t know to click the green box. 

I'm going to create an FAQ for things like this. I also think I should make the green button pulse a little bit so it catches your eye and you know to click it to quote.

posted by justincredible

Nice. Lucky SOB.

Why do we have [color=red]"Admin Actions"[/color] on this post?

O-Trap, I see Monero is rising pretty steadily. Up to $280 now.

posted by justincredible

O-Trap, I see Monero is rising pretty steadily. Up to $280 now.

Not sad about it.  Wish I'd put more than $40ish into it back then.  Still, I'm currently sitting at about $200 in USD value in XMR.

I really wish I would have gotten in on IOTA sooner.  I remember when it was being valued in Satoshis, and not USD.  Still, I have misgivings about its long-term success.

I’m ignorant to crypto trade... how easy is it to turn your stock back into USD when you want?

posted by O-Trap

Not sad about it.  Wish I'd put more than $40ish into it back then.  Still, I'm currently sitting at about $200 in USD value in XMR.

I really wish I would have gotten in on IOTA sooner.  I remember when it was being valued in Satoshis, and not USD.  Still, I have misgivings about its long-term success.

Damn, i was looking at IOTA when it was in the 30-40 cent range not that long ago. 

Btc over $16k

Pushing $17k now. I'm buying on the next dip.

posted by justincredible

Pushing $17k now. I'm buying on the next dip.

Funny how, mentally, a run from 2000 to 17000 feels like such a bigger deal than 200 to 1700.

Problem with "buying the dip" is what is a dip for this thing?  Is it 2000?  5k?  10k?

posted by gut

Funny how, mentally, a run from 2000 to 17000 feels like such a bigger deal than 200 to 1700.

Problem with "buying the dip" is what is a dip for this thing?  Is it 2000?  5k?  10k?

I'm probably going to buy regardless, but if it drops below $15k I'm going to buy more. I've got my coinbase account setup with a payment method so I'm ready to go as soon as I want.

posted by justincredible

I'm probably going to buy regardless, but if it drops below $15k I'm going to buy more. I've got my coinbase account setup with a payment method so I'm ready to go as soon as I want.

IMO, it will break below 9000 before the end of next year

posted by gut

IMO, it will break below 9000 before the end of next year

I wouldn't be surprised at this, honestly.  I don't think it'll stay there, but at some point, the novelty will wear off, and I definitely think that's grounds for a dip.

I actually got out at $15.7k.  "When the shoeshine boy is giving stock tips, it's time to sell."  I'm still in a few others, but I'm going to wait for the cool factor to wear off before buying back in.

A co-workers husband works with a guy who has a lost wallet with 15 BTC in it that he has no chance of ever getting back. He's accepted it and not too upset because he bought them a long time ago when they were dirt cheap and said he would have sold a long time ago. But damn. That's a cool $240k just hanging out.

I have 0.57602519 Ethereum.

I hope Ender doesn't see this thread and hack my account. His scripts are pretty solid so I'm sure he could do it.

posted by justincredible

A co-workers husband works with a guy who has a lost wallet with 15 BTC in it that he has no chance of ever getting back. He's accepted it and not too upset because he bought them a long time ago when they were dirt cheap and said he would have sold a long time ago. But damn. That's a cool $240k just hanging out.

Gives new meaning to "buy and hold".

Seriously, how do you avoid that?  You do offline storage to protect against theft, but can you duplicate (or triplicate) that in the case of a lost or corrupted drive?

I now have 0.0637 BTC. I bought in at $15,450.

Bitcoin futures start trading Sunday night.

Institutional investors being able to short Bitcoin will be the first real test of what bitcoin is really worth and just how big a bubble it is (or isn't).

That ability to make large scale bets against its price hasn't really been available so far, and its wild price swings will undoubtedly lure hedge funds to play.

posted by IggyPride00

Bitcoin futures start trading Sunday night.

Institutional investors being able to short Bitcoin will be the first real test of what bitcoin is really worth and just how big a bubble it is (or isn't).

That ability to make large scale bets against its price hasn't really been available so far, and its wild price swings will undoubtedly lure hedge funds to play.

Agreed.

Frankly, I'm kinda looking forward to it.