# 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:** 47

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [January 9, 2018, 1:13pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/921 "2018-01-09T13:13:37Z")

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Very $$$

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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:** [January 9, 2018, 2:32pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/922 "2018-01-09T14:32:39Z")

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Yeah ummm, I was told I would get rich quick and it’s taking waaaaay too long.

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [January 9, 2018, 3:00pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/923 "2018-01-09T15:00:05Z")

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Good deal on TRX now

Where are them daily 30% gains?

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [January 9, 2018, 7:21pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/924 "2018-01-09T19:21:00Z")

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Ehhh… anyone else get a random 0.997 WaltonCoin in Binance? It just appeared out of nowhere…

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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:** [January 9, 2018, 7:25pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/925 "2018-01-09T19:25:00Z")

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> [@nermoria](#):
>
> Ehhh… anyone else get a random 0.997 WaltonCoin in Binance? It just appeared out of nowhere…

Nope.

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**Author:** ![IWantaSupra](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/iwantasupra/32/7222_2.png) [@IWantaSupra](https://forums.speedlife.net/u/IWantaSupra)\
**Post date:** [January 9, 2018, 8:07pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/926 "2018-01-09T20:07:48Z")

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So when does ETH over take BTC? Wish I transfered my btc over to it about 2 months ago when btc stopped mooning

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**Author:** ![travisn](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/travisn/32/5046_2.png) [@travisn](https://forums.speedlife.net/u/travisn)\
**Post date:** [January 9, 2018, 8:28pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/927 "2018-01-09T20:28:26Z")

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> [@nermoria](#):
>
> Ehhh… anyone else get a random 0.997 WaltonCoin in Binance? It just appeared out of nowhere…

Refer back to posts 794, 797-799 of this thread.

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [January 9, 2018, 8:46pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/928 "2018-01-09T20:46:03Z")

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Must be some sort of glitch… or time to update my login info?

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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:** [January 10, 2018, 2:59am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/929 "2018-01-10T02:59:12Z")

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Sea of Red Boys. Except ethereum. Any guesses why??

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**Author:** ![Skurge](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/skurge/32/7285_2.png) [@Skurge](https://forums.speedlife.net/u/Skurge)\
**Post date:** [January 10, 2018, 5:26am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/930 "2018-01-10T05:26:43Z")

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> [@97eclipse](#):
>
> Modest meaning starting out with 1 or 2 cards for now. Perhaps with room to grow to 4 or 6 total later down the road. This would only be used for mining. What cards do you recommend? How realistic is it to keeping the starting cost under 1k. Any direction you could give would be helpful. Thanks.
> 
> On a side note, I had no idea that cards were so scarce these days. I would imagine this is a direct result of the crypto hype.

i’d say it all depends on the $ you want to spend and the availability, personally I work with amd cards, always have. I know the ins and outs of them for the most part. i’d say for two card rig you could probably build it around 1k with a couple of rx480/580 right now a couple places have them under 300$

the most difficult thing i’ve found is if you are building to support 4-6 cards, really if you are looking at anything over 4 cards per rig you have to be very picky on the motherboard you get. the one i bought said it could support 6, but after some more research, people were having trouble getting more than 4 to work. it took me days of trying different things to get the 5th card up and running, I wont be going with that same board next time

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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:** [January 10, 2018, 6:04am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/931 "2018-01-10T06:04:54Z")

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> [@ubengineering](#):
>
> Sea of Red Boys. Except ethereum. Any guesses why??

Because Bitcoin price has been dropping?

Alts did well when Bitcoin was just moving sideways

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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:** [January 10, 2018, 6:42am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/932 "2018-01-10T06:42:56Z")

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This latest drop started when coinmarketcap removed several big South Korean indexes from their price calculations and any coin that traded heavily in SK saw an instant 10 to almost 20% drop in value. That kind of drop sets off two things, automated orders and panic selling, which just causes more selling. What’s interesting is once the reason for the drop became public knowledge you would expect the money to flow back in and prices to recover but that hasn’t happened. My guess is a lot of that new money from Coinbase credit card investors jumping in with money they didn’t really have found out that crypto isn’t all 100% gains every 5 days and they bailed. Looking at the credit card bill they can’t pay growing by 20+% interest while the coin they bought too late because it was near the top of the curve drop in value caused some serious FUD and they cashed out their losses and moved on.

Meanwhile I sit here holding while complaining to my buddy that my gains on LTC, XRP, and TRX are **“only”** 115%, 48% and 185% respectively on a game I started 12/2/17. Go look at the gains for all of 2017 on your 401k (You have a 401k right? If not WTF are you doing in here?) for some perspective.

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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:** [January 10, 2018, 7:57am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/933 "2018-01-10T07:57:52Z")

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VeChain one of those random cryptos I threw money at is doing good right

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [January 10, 2018, 8:11am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/934 "2018-01-10T08:11:41Z")

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When TRX goes from .29c to .11c and I am still 275% over my initial investment, I think it’s pretty good. The news will be “bubble burst, crypto crash” but most of us are still way up lol. I will keep buying things up on the low. Just wait for tax season guys

Also I think the red you are seeing is more on the “top tier” of the market cap of coins because people are redistributing trying to get into the small market cap coins most of which arent on Binance, with the idea that they will become rich quick. Looking at total market cap it is hovering around 710+ but the money is being dumped into something else. BTC dominance keeps going down

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    - Updated - - -

> [@travisn](#):
>
> Refer back to posts 794, 797-799 of this thread.

You mean somebody accidentally sent it to me?

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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:** [January 11, 2018, 5:57am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/935 "2018-01-11T05:57:23Z")

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VEN :tup:

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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:** [January 11, 2018, 8:00am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/936 "2018-01-11T08:00:47Z")

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Some interesting news today. South Korea talking about banning crypto exchange trading:

> **[Over $100 billion wiped off global cryptocurrency market following talk of South...](https://www.cnbc.com/2018/01/11/bitcoin-ripple-ethereum-prices-fall-after-south-korea-trading-ban-talk.html)**
>
> Prices of major cryptocurrencies including bitcoin, ripple and ethereum took a hit following news of a potential South Korea trading ban.

Ripple and Moneygram announce currency exchange test based on XRP token:

> **[Ripple and MoneyGram Tie Up on Digital Currency](http://fortune.com/2018/01/11/ripple-moneygram-xrp-cryptocurrency-bank-transfers/)**
>
> XRP in the wild.

Without the SK news I bet Ripple would be over $3 again right now.

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**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [January 11, 2018, 9:45am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/937 "2018-01-11T09:45:55Z")

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That when a lot of the pullback happened too, the SK news came out about 12hrs ago

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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:** [January 11, 2018, 1:42pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/938 "2018-01-11T13:42:09Z")

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It’s a wild ride boys!!

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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:** [January 11, 2018, 2:04pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/939 "2018-01-11T14:04:35Z")

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Anyone seen @boxxa?

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**Author:** ![IWantaSupra](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/iwantasupra/32/7222_2.png) [@IWantaSupra](https://forums.speedlife.net/u/IWantaSupra)\
**Post date:** [January 11, 2018, 2:44pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/940 "2018-01-11T14:44:53Z")

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Hodl

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