# 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:** 3

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**Author:** ![choko](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/choko/32/7240_2.png) [@choko](https://forums.speedlife.net/u/choko)\
**Post date:** [November 27, 2013, 12:59pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/41 "2013-11-27T12:59:40Z")

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yes [https://www.mtgox.com/](https://www.mtgox.com/)

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [November 27, 2013, 1:12pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/42 "2013-11-27T13:12:22Z")

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People using legal tender to buy nearly off the grid bitcoins as a speculative vehicle concerns me. I read the hype and honestly I see much of the precious metals babble being regurgitated, only here it’s an intangible people are “investing” in. I say get that money and ride the momentum but don’t marry ANY speculative vehicle. At the end of the day the US government doesn’t like competition very much, they will probably crush bitcoin down the road IMO.

It is now over $1k, I can’t even get charts to come up because people are probably hammering servers on the hype.

Added----  
They were like $10 at the beginning of the year, sure seems like tulip mania to me. LOL

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**Author:** ![Gus](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/gus/32/5112_2.png) [@Gus](https://forums.speedlife.net/u/Gus)\
**Post date:** [November 27, 2013, 1:14pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/43 "2013-11-27T13:14:24Z")

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Hmm…

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**Author:** ![rugsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rugsr/32/7474_2.png) [@rugsr](https://forums.speedlife.net/u/rugsr)\
**Post date:** [November 27, 2013, 1:18pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/44 "2013-11-27T13:18:12Z")

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Bitcoins = One world currency = New world order = End of days = Hold onto your butts =P

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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:** [December 24, 2013, 6:45am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/45 "2013-12-24T06:45:21Z")

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> **[Bloomberg Anchor Gifted a Bitcoin Live, Immediately Robbed of It by Viewer](https://www.mediaite.com/tv/bloomberg-anchor-gifted-a-bitcoin-live-is-immediately-robbed-of-it-by-viewer/)**
>
> Bloomberg anchor Matt Miller thought it would be a great idea to tie in his colleague’s Christmas gift with a story that dominated 2013: the insurgent digital currency, Bitcoin. Miller decided that, as part of the network’s “12 Days of Bitcoin”...

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [December 24, 2013, 2:23pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/46 "2013-12-24T14:23:55Z")

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Hahaha… That’s like showing your credit card on TV.

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [December 25, 2013, 10:11am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/47 "2013-12-25T10:11:43Z")

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Change title to “who ended up gang raped investing in bitcoin”?

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [December 26, 2013, 11:09pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/48 "2013-12-26T23:09:09Z")

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> [@LZ](#):
>
> [Bitcoin | Mediaite](http://www.mediaite.com/tv/bloomberg-anchor-gifted-a-bitcoin-live-is-immediately-robbed-of-it-by-viewer/)

I compare this to the people who post twitter pictures of their credit card.

As for investing, the market is up and down so much. Litecoins are cheaper and may be a good buy =)

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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:** [December 27, 2013, 5:51am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/49 "2013-12-27T05:51:16Z")

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I should probably buy some litecoin who knows if they will hit 1000 some where down the line.

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [December 27, 2013, 6:34am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/50 "2013-12-27T06:34:02Z")

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> **[Dogecoin Wallets Hacked, Much Coins Stolen - ReadWrite](https://readwrite.com/2013/12/26/dogecoin-hacked-millions-of-coins-stolen/)**
>
> Such bad. Wow.

![http://readwrite.com/files/dogecoin.jpg](http://readwrite.com/files/dogecoin.jpg)

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**Author:** ![JCuz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jcuz/32/7338_2.png) [@JCuz](https://forums.speedlife.net/u/JCuz)\
**Post date:** [January 27, 2014, 12:24pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/51 "2014-01-27T12:24:36Z")

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[http://dealbook.nytimes.com/2014/01/27/two-executives-of-bitcoin-businesses-are-arrested/?\_php=true&\_type=blogs&\_r=0](http://dealbook.nytimes.com/2014/01/27/two-executives-of-bitcoin-businesses-are-arrested/?_php=true&_type=blogs&_r=0)

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<div class="post-metadata">

**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [February 20, 2014, 11:59am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/52 "2014-02-20T11:59:14Z")

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$579

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<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [February 21, 2014, 6:05am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/53 "2014-02-21T06:05:42Z")

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> [@LZ](#):
>
> $579

Yep. Still mining away and bought back in cheap. It will rise again when people realize Gox isn’t all that is Bitcoin and the system survives without it. Hell, Gox hit like sub $200 the other day.

The result of Gox from the Bitcoin foundation did make a great point.

> **[Gavin Andresen to Bitcoin Companies: Support Open Source](https://www.coindesk.com/markets/2014/02/21/gavin-andresen-to-bitcoin-companies-support-open-source/)**
>
> Bitcoin's lead developer chided the commercial community for not giving back more to open source this week.

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<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [February 24, 2014, 7:14am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/54 "2014-02-24T07:14:12Z")

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More Gox news which everyone ties to being everything bitcoin. Buy in cheap now while this continues and people realize that Gox is not mean everything Bitcoin.

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**Author:** ![ProgRocker](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/progrocker/32/5434_2.png) [@ProgRocker](https://forums.speedlife.net/u/ProgRocker)\
**Post date:** [February 24, 2014, 9:26am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/55 "2014-02-24T09:26:45Z")

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I still don’t understand any of this…but I’m ok with it.

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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:** [February 25, 2014, 4:27am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/56 "2014-02-25T04:27:02Z")

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![http://i.imgur.com/kAOXPyg.png](http://i.imgur.com/kAOXPyg.png)

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [February 25, 2014, 5:30am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/57 "2014-02-25T05:30:36Z")

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> [@LZ](#):
>
> ![http://i.imgur.com/kAOXPyg.png](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/5/3/53319091e39890c87bbf857951b7d1851cfe0526.png)

It doesn’t reduce wealth, it simply redistributes it. That guy lied. 😛

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**Author:** ![Mankthetank19](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mankthetank19/32/5295_2.png) [@Mankthetank19](https://forums.speedlife.net/u/Mankthetank19)\
**Post date:** [February 25, 2014, 5:36am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/58 "2014-02-25T05:36:41Z")

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> [@Mankthetank19](#):
>
> x2
> 
> Insert scam/ponzi scheme

> **[Bitcoin exchange Mt. Gox goes dark in blow to virtual currency](http://news.yahoo.com/bitcoin-exchange-mt-gox-39-website-down-053727771--sector.html)**
>
> By Ruairidh Villar, Sophie Knight and Brett Wolf TOKYO/ST LOUIS (Reuters) - Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point," sparking concerns...

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<div class="post-metadata">

**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [February 25, 2014, 5:39am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/59 "2014-02-25T05:39:46Z")

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Word on the street is they got hacked

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [February 25, 2014, 7:06am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/60 "2014-02-25T07:06:29Z")

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> The concierge at the home of the chief executive, Mark Karpeles - an upscale apartment in the Shibuya district - said he was not answering his intercom. His mailbox was so stuffed with mail that the flap would not close.

Shibuya’s a cool place… but sounds like he bailed, lol.

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