# Anyone end up investing in Bitcoins?

**URL:** <https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431>\
**Category:** NYSpeed Off Topic\
**Created:** [October 21, 2013, 8:34pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431 "2013-10-21T20:34:08Z")\
**Posts on this page:** 20\
**Page:** 12

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [November 24, 2017, 11:43pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/221 "2017-11-24T23:43:28Z")

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@llink78 and you’re not sharing this company!!\>!\>!\>!\>!_&_^!^!@^!@!@\*&!@GHH!GH!H!G!HG!HG!HG!@

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> [@bing](#):
>
> the coinbase app isnt that strong. it isnt clear how i transfer the coins out of the app and into storage or if i wanted to buy from a specific person and transact in BTC or LTC.  
> @**[boxxa](http://www.nyspeed.com/member.php?u=2593)**, what say you!?!?!

Why are you awake! it’s super easy! Go to your accounts and hit the little paper plane, then enter the address you wanna send it and Poof!

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**Author:** ![llink78](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/llink78/32/8037_2.png) [@llink78](https://forums.speedlife.net/u/llink78)\
**Post date:** [November 25, 2017, 6:22am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/222 "2017-11-25T06:22:18Z")

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> [@ubengineering](#):
>
> @**[llink78](http://www.nyspeed.com/member.php?u=1447)** and you’re not sharing this company!!\>!\>!\>!\>!_&_^!^!@^!@!@\*&!@GHH!GH!H!G!HG!HG!HG!@
> 
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> - Updated - - -
> 
> Why are you awake! it’s super easy! Go to your accounts and hit the little paper plane, then enter the address you wanna send it and Poof!

[https://www.reuters.com/finance/stocks/companyProfile/CNXS.PK](https://www.reuters.com/finance/stocks/companyProfile/CNXS.PK)

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [November 25, 2017, 7:12am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/223 "2017-11-25T07:12:48Z")

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> [@ubengineering](#):
>
> I did hold LiteCoin but since it’s somewhat similar to bitcoin I bounced out. If anything, I feel DASH would be a good LiteCoin sub. That doesn’t mean LiteCoin is bad just not for me currently.
> 
> Riding Bitcoin, Ripple and Ethereum.
> 
> Keep an eye open for coins such as IOTA, that are resistant to quantum computing. Granted it wont be another 10 years at least but just a reminder!
> 
> I’m roughly doing 5-700 a mo. investing.
> 
> I think we can all agree, @**[bing](http://www.nyspeed.com/member.php?u=174)** @**[LZ](http://www.nyspeed.com/member.php?u=95)** @**[boxxa](http://www.nyspeed.com/member.php?u=2593)** that out of the 1200 currencies, I’m guessing 20 MAX will survive. Lots of these coins are fuckin shitcoins with no purpose.

Who knows? China is coming out with their own coin a lots going to happen.

If you can’t afford to lose the money you mess around with in various coins don’t jump in the water.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [November 25, 2017, 7:33am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/224 "2017-11-25T07:33:33Z")

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do you mean a government regulated coin? sounds wack.

have any legit links to read up on about that?

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[http://conexusbtc.com/wp-content/uploads/2017/09/CNXS-Annual-Report-for-Years-ended-6.30.17and-2016.pdf](http://conexusbtc.com/wp-content/uploads/2017/09/CNXS-Annual-Report-for-Years-ended-6.30.17and-2016.pdf)

these are the financials for that company BTC ATM company. literally zero revenues and almost no cash. it doesnt say if the numbers are even in (000’s) which is even more depressing. but i guess that is why the price is what it is.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [November 25, 2017, 7:33pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/225 "2017-11-25T19:33:07Z")

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up 6% in about 36 hours on my crypto trading over the weekend… love this shit.

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [November 25, 2017, 10:37pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/226 "2017-11-25T22:37:07Z")

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Does any one mine bitcoin? I wouldn’t mind leaving my computer on to mine bitcoin if its a save thing to do. I don’t know much about bitcoin but it seems pretty interesting.

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [November 26, 2017, 6:56am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/227 "2017-11-26T06:56:30Z")

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> [@Wahoo](#):
>
> Does any one mine bitcoin? I wouldn’t mind leaving my computer on to mine bitcoin if its a save thing to do. I don’t know much about bitcoin but it seems pretty interesting.

This post :lol: :lol: :lol: :lol:

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [November 26, 2017, 7:46am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/228 "2017-11-26T07:46:16Z")

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can we turn this into a bitcoin meme thread?

 ![https://i.redditmedia.com/1S8szczUuDonZdl2KbqoB-ONlov9gjMXHGlqROkl7OE.jpg?w=699&](https://i.redditmedia.com/1S8szczUuDonZdl2KbqoB-ONlov9gjMXHGlqROkl7OE.jpg?w=699&)  
 ![https://i.redd.it/7nll9hrej6001.jpg](https://i.redd.it/7nll9hrej6001.jpg)  
 ![https://i.redditmedia.com/1S8szczUuDonZdl2KbqoB-ONlov9gjMXHGlqROkl7OE.jpg?w=699&](https://i.redditmedia.com/1S8szczUuDonZdl2KbqoB-ONlov9gjMXHGlqROkl7OE.jpg?w=699&)

 ![https://i.imgur.com/jyoZGyW.gif](https://i.imgur.com/jyoZGyW.gif)

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [November 26, 2017, 7:48am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/229 "2017-11-26T07:48:55Z")

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> [@LZ](#):
>
> This post :lol: :lol: :lol: :lol:

It probably sounds silly to you but I do pc gaming. I’m also going to be buying a pretty expensive video card probably tomorrow. So I figure I can just leave the PC on while I work and let it mine. I did read a lot more about it after I made my stupid post lol

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [November 26, 2017, 7:56am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/230 "2017-11-26T07:56:21Z")

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> [@Wahoo](#):
>
> It probably sounds silly to you but I do pc gaming. I’m also going to be buying a pretty expensive video card probably tomorrow. So I figure I can just leave the PC on while I work and let it mine. I did read a lot more about it after I made my stupid post lol

DAMN ONE EXPENSIVE VIDEO CARD???

You’re going to be rich :lol: :lol:

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [November 26, 2017, 8:13am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/231 "2017-11-26T08:13:08Z")

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> [@LZ](#):
>
> DAMN ONE EXPENSIVE VIDEO CARD???
> 
> You’re going to be rich :lol: :lol:

Not doing it to get rich obviously.

I know there is dedicated mining hardware and gpus now aren’t as profitable for mining like previously.

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [November 26, 2017, 8:15am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/232 "2017-11-26T08:15:04Z")

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You’re going to lose money using 1 graphics card to try and mine bitcoin but carry on :lol:

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [November 26, 2017, 8:29am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/233 "2017-11-26T08:29:27Z")

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> [@LZ](#):
>
> You’re going to lose money using 1 graphics card to try and mine bitcoin but carry on :lol:

I’m slowly catching up to the fact it’s not profitable any more lol.

I was up late last night when I first started reading about it, i didn’t realize how things have changed.

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [November 26, 2017, 9:25am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/234 "2017-11-26T09:25:50Z")

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Def cant mine it anymore @Wahoo. The massive Chinese mines have ruined it for everyone lol

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**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\
**Post date:** [November 26, 2017, 10:11am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/235 "2017-11-26T10:11:07Z")

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Yeah pretty crazy.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [November 26, 2017, 11:24am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/236 "2017-11-26T11:24:50Z")

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Not sure if I asked this already but it the coinbase app gives me a pretty low limit for buying the coins and I’m paying the fees on small buys of $20 - $50.

How do I just buy grand or so down between these currencies and just forget about it for a while but hold them in this coinbase account?

Do I have to buy from a specific person? And if so, do I just transact in the coinbase app and it hits my visa?

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [November 26, 2017, 11:38am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/237 "2017-11-26T11:38:01Z")

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> [@bing](#):
>
> Not sure if I asked this already but it the coinbase app gives me a pretty low limit for buying the coins and I’m paying the fees on small buys of $20 - $50.
> 
> How do I just buy grand or so down between these currencies and just forget about it for a while but hold them in this coinbase account?
> 
> Do I have to buy from a specific person? And if so, do I just transact in the coinbase app and it hits my visa?

Link it to a random checking/savings account and transfer money?

If you put cash into Coinbase you can transfer to GDax which is run by Coinbase for free and save money on fees.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [November 26, 2017, 1:00pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/238 "2017-11-26T13:00:03Z")

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oh word. I was just seeing GDax stuff. That was going to be my next question.

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [November 26, 2017, 11:31pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/239 "2017-11-26T23:31:27Z")

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I hooked up my checking and savings and can do 2K a week (if i want), you need an out to get your money back to FIAT when you decide to sell. Also @bing like @LZ1 said use GDAX and use limit orders to skip fees. Honestly, I don’t mind using my CC to pay the higher fees because I use them as points toward flights.

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [November 27, 2017, 6:23am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/240 "2017-11-27T06:23:08Z")

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What’s up with this Bitcoin Gold thing? I know there was a fork. Doesn’t that mean I’m entitled to some BTG? How do I claim it? I think bread wallet is not planning on supporting BTG, so I need to use some other wallet? Help a noob out

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