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BITCOIN Discussion v. 8 Coins on an Old Computer

You've got a lot of money there if you can access it. Have you lost the password to the wallet or the computer? If it's just the computer then you probably stand a very good chance.
 
You've got a lot of money there if you can access it. Have you lost the password to the wallet or the computer? If it's just the computer then you probably stand a very good chance.

It's to wallet, I've probably got an idea what my password is, I'll probably guess it eventually.

Why is something that ain't real money worth so much? How's it ended up like that? Does thAt mean I could buy a new car with my 8coins? Is it all a joke or for real this crypto lark?
 
"It's to wallet, I've probably got an idea what my password is, I'll probably guess it eventually."

That's the spirit!

"Is it all a joke or for real this crypto lark? "


No No you can sell if for currency right now if you have ID's and pay the fee's and appropriate tax (if any).

No one kows if it will crash tomorrow, but right now you can sell it for the quoted price. It's price is quite volatile and goes up and down by the minute.
 
Are you sure you have 8 bitcoins? The wallet I use is Electrum and the balance is displayed in mBTC - thousands of a bitcoin so if you have 0.8 of a bitcoin the balance is displayed as 800.000. Good luck finding that pw btw.
 
Wow, congrats. I'm buying in bit by bit, waiting for a pullback to buy the next dip, but last time I waited it just kept going up.
Ethereum seems very promising as well, but it's been flat the past couple of months :/
 
Quite the rise in price! Almost reminds me of the heady days of the dot com bubble.
 
Yes,

Only time will tell.

The big names before the dot com bubble like Amazon and eBay and PayPal did just fine.
It was the smaller garbage interests that failed.

When the inevitable crypto coin occurs, the largest and most healthy will likely survive, while others fail. Many of the alt coins will not likely survive.

I have a few BTC from the sub $100.00 days and am holding them. I'm not advising anyone should spend almost $12,000.00 to buy a Bitcoin. Just an observation.

:)
 
Oh wow, that was a good move :) Etherium also looks good. I'm hoping there's no crash, but... well.

Having said that, I remember thinking I'd missed the boat with Apple in 2004-5 and decided not to buy shares. What a terrible misjudgement that was :(
 
A correction is inevitable, but nothing stays down forever.

I presently mine Etherium and ZCash so I'm hoping as well. Any coin in the top 25 in market capital should survive even a dot.com event.

No-one knows what the markets will do. If we did both you and I would own big holdings in Apple, right? :)
 
I've had my focus on IOTA for a while. It's Tangle tech is interesting.

It seems to have exploded in value this week.. made some nice profit but looking to hold long-term.
 
Hi all, I've got an old computer sitting at home doing nothing but has a bitcoin wallet with 8coins on it I brought about a few years ago. I looked at duck duck go and says 1coin is over 3000pounds? Wtf? Is this crypto currency for real? Why would anyone buy bitcoin for that price? Could I sell them? Step 1 how do I get back into my wallet as I think I've forgotten password, can it be reset?? 2. How do I exchange these bitcoin for real cash? Why is bitcoin important? Is there a coming clapse of fiat currency? Is bitcoin the future currency?

Mark you currently have potentially 96k of bitcoins locked away.

Find & sell them!
 
$13,700.00 per BTC now.

A big mining exchange (Nicehash) was hacked for somewhere around $55 - 65 Million dollars worth of BTC.

Mount Gox 2.0 ?

Exciting times!
 
$17,000!!!! OMG! People's better be checking this every second because it's surely going to crash any minute
 
Even if it has a correction much more money will be put into BTC because the CBE will start trading it this Sunday, while CME (the largest in the world) will start trading it a week later. This means a lot of financial institutions will be able to legally invest in Bitcoin.

Private keys for wallets are very long strings of random looking numbers and letters. I sure hope Mark wrote that down (like I did) because remembering them is pretty darn hard. I wrote mine in many places so I wouldn't lose it.
 
Do you think these price movements are the factoring in of the CBE and CME moves by the market? That's what I was suspecting...
 
Yes CFC, I do believe exactly what you said. Big money is already rubbing their hands together in anticipation.

I have roughly 23 BTC left over from when I wanted to buy some LSD from the dark net from around 2013. That was the change left over mind you.
When I think of how much I paid at the time in BTC I'm guessing that it must be some of the world's most expensive acid, LOL.

Oh the irony !

:)
 
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