# Anyone end up investing in Bitcoins? **URL:** \ **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:** 6
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [March 3, 2015, 5:06pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/101 "2015-03-03T17:06:08Z")
bitcoin and paypal are like oil and water. ---
**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:** [March 4, 2015, 6:59am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/102 "2015-03-04T06:59:57Z")
people are moving away from paypal. more and more companies are getting sick of the fees and how much it cuts into their profits. also depending on what you do and how frequent your TXs are, paypal has been locking more and more accounts. the no charge back thing is better too for a lot of line people. ---
**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:** [November 2, 2015, 1:29pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/103 "2015-11-02T13:29:14Z")
2015 has turned into a bull year on the yearly with a recent upswing the past few weeks. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [November 2, 2015, 1:52pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/104 "2015-11-02T13:52:43Z")
Was buying a bunch around 200-240. This nice little pop this week made a great time to buy stuff! ---
**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:** [November 3, 2015, 7:47am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/105 "2015-11-03T07:47:56Z")
Didn’t I sell you some a while back? ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [November 3, 2015, 12:43pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/106 "2015-11-03T12:43:30Z")
You did, when they were going for $650 :tear: Now that a few of the stores I frequent online take them I basically stock up when they’re sub-$250 and then use them to buy stuff at a discount when they go up. Helps me justify frivolous purchases to my inner finance guy. ---
**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:** [November 3, 2015, 12:48pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/107 "2015-11-03T12:48:38Z")
Haha ya. If you have cash laying around they were good buys this year and good to use on the way up. Its like an online coupon code! ---
**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:** [December 9, 2015, 11:51am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/108 "2015-12-09T11:51:55Z")
> **[Australian police raid Sydney home of reported bitcoin creator](https://www.reuters.com/article/us-australia-bitcoin-exclusive-idUSKBN0TS0AB20151209)** > > Australian police raided the Sydney home and office on Wednesday of a man named by Wired magazine as the probable creator of bitcoin and holder of hundreds of millions of dollars worth of the cryptocurrency, Reuters witnesses said. apparent founder of bitcoin identified and in trouble ---
**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 16, 2015, 10:10am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/109 "2015-12-16T10:10:23Z")
> [@bing](#): > > [http://www.reuters.com/article/us-australia-bitcoin-exclusive-idUSKBN0TS0AB20151209#KGEremii5US1lYEF.97](http://www.reuters.com/article/us-australia-bitcoin-exclusive-idUSKBN0TS0AB20151209#KGEremii5US1lYEF.97) > > apparent founder of bitcoin identified and in trouble Scammer. Nothing in that story lines up. Also the real founder posted using his account to the bitcoin-dev mailing list and saying its not him. Haha ---
**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:** [January 4, 2017, 1:57pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/110 "2017-01-04T13:57:25Z")
Bump for $1100 > **[Bitcoin is going bananas](https://www.businessinsider.nl/bitcoin-price-january-4-2017-2017-1-2/)** > > Bitcoin is already up 15% in 2017. ---
**Author:** ![Clean\_Baldy](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/clean_baldy/32/7308_2.png) [@Clean\_Baldy](https://forums.speedlife.net/u/Clean_Baldy)\ **Post date:** [January 9, 2017, 12:47pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/111 "2017-01-09T12:47:34Z")
I remember when they first came out, I mined a few and then said “this is dumb” and “without regulation, this’ll never take off” (My Dad was in banking / anti money laundering). So, I have just .75 BTC on my computer that I’ve had for a while. $700 is better than $0 I suppose. (oh well) ---
**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:** [January 11, 2017, 8:24am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/112 "2017-01-11T08:24:07Z")
Surged up to $1100 on fears of cash shortages. Down to $800 after China banned Bitcoin for the 100th time and investigating exchanges. Their capital controls are insane and people are trying to secure funds they can move whenever they can so should be interesting. Still the Bitcoin ETF is trying to get approved and could send it flying to all new highs if that happens this year. ---
**Author:** ![Bakes](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bakes/32/7469_2.png) [@Bakes](https://forums.speedlife.net/u/Bakes)\ **Post date:** [February 7, 2017, 5:09pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/113 "2017-02-07T17:09:39Z")
![http://www.nyspeed.com/attachment.php?attachmentid=37006&stc=1](http://www.nyspeed.com/attachment.php?attachmentid=37006&stc=1) ---
**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:** [February 7, 2017, 8:36pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/114 "2017-02-07T20:36:37Z")
I still have my target on BTC i made in 2014 at $1800-$2200 in 2017. We shall see ---
**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:** [March 2, 2017, 10:08pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/115 "2017-03-02T22:08:51Z")
I wish I would have seen all these videos and documentaries about the development of the “dark web” a long time ago than within the last six months, I would have purchased bitcoin as it is the currency used for this exponentially growing cesspool of child molesters and cannibals on the black market. If you’re bored, have no idea what I’m talking about, and don’t have a weak stomach, google the dark web and watch yourself get obsessed with knowing more and more about it. ---
**Author:** ![Clean\_Baldy](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/clean_baldy/32/7308_2.png) [@Clean\_Baldy](https://forums.speedlife.net/u/Clean_Baldy)\ **Post date:** [March 3, 2017, 7:15am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/116 "2017-03-03T07:15:37Z")
I still have .76 BTC that I mined a couple of years ago, when I felt like playing around with it. I bought a motherboard, CPU, memory and SIX video cards. I mined about 4-5 BTC in total. Sadly… while doing that, I found Alt-coins and their volatile market. I played around with that until I lost. It was a fun hobby, but I just looked at BTC to USD and said, 'Holy #()\*!" It’s up at $1,284 right now. My .76 BTC was only worth $100… I held onto it just as a nostalgia thing. Now that .76 BTC is worth $1000! DAMN! I guess I’ll just keep holding onto it. ha ---
**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:** [March 6, 2017, 11:01am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/117 "2017-03-06T11:01:50Z")
Buy and hold. COIN ETF approval is going on this month and could expand the ability for Bitcoin to be bought. ---
**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:** [March 7, 2017, 12:57am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/118 "2017-03-07T00:57:18Z")
> [@boxxa](#): > > Buy and hold. COIN ETF approval is going on this month and could expand the ability for Bitcoin to be bought. If either of the 2 ETF’s go through this month. Especially the twins due no later then March 13th by the SEC. I could see a $500+ million dollar flood into BTC very fast But if rejected i could see pullback around $1k for a bit. Sometimes i wish i only had a dozen BTC then what i have as i watch my balance values fluctuate thousands up or down daily :lol: Random Fact:. Some Strips clubs in Vegas now accepting BTC hahah ---
**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:** [March 7, 2017, 5:54am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/119 "2017-03-07T05:54:11Z")
I divested about 25% of my 401k into bitcoin around the second half of last year and has been incredible. The gains week over week are great. The SEC approval is just a rule change for BATS to allow it. Will still have work to be done but I don’t think the approval will carry much weight. We are seeing a lot of financial instability across the world. Look at the massive buy ups happening in Bitcoin and its a lot of countries that have tried to impose currency regulations and people worried about their savings. Do you know if the ETFs are futures based or they actually holding BTC? I can’t seem to find the type of commodity ETF they are using. ---
**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:** [October 24, 2017, 8:38pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/120 "2017-10-24T20:38:32Z")
yo i want to talk about this again. i realize bitcoin is at crazy levels but i want to start to understand how a beginner should do a buy and hold. @boxxa i need your wisdoms. [Previous page](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431.md?page=5) [Next page](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431.md?page=7)