Bitcoin.

[gavroche]

Has anyone used it yet or heard of a personal acquaintance who has? I am very dubious of get rich scheme but is this one real ?

 

[Jody]

Has anyone used it yet or heard of a personal acquaintance who has? I am very dubious of get rich scheme but is this one real ?

I think you have missed the boat in terms of big gains seen at the start of this year. Might be OK if you know how to play the markets. If you have money you can afford to lose then have a gamble.

 

[jefmcg]

Sadly I decided in 2013 I had missed the boat. Well, I hadn't but I have now.

Be very wary of buying any cryptocurrency. It will almost certainly crash at some point, and there are a lot of bad actors out there, literally just taking your money, and never actually buying the coin.

 

[Crackle]

It's all a bit newfangled for you Gavroche, you can't pay for your shopping in Asda with it you know.

 

[swee'pea99]

There's quite a persuasive article here from a financial blogger. https://www.theguardian.com/technology/2018/jan/15/should-i-invest-bitcoin-dont-mr-money-moustache

To cut to the chase, "Let’s start with the answer: no. You should not invest in Bitcoin."

 

[Fnaar]

Haiku:

I should buy bitcoins
I should not buy some bitcoins
Asda don't take them

(sorry, I'm into haiku today)

 

[Profpointy]

just heard that tulip bulbs are the big thing with some changing hands for huge sums. Have I missed the boat?

Would shares in the South Seas company be better

 

[wheresthetorch]

Haiku:

I should buy bitcoins
I should not buy some bitcoins
Asda don't take them

(sorry, I'm into haiku today)

Really enjoying them!

 

[MichaelO]

Has anyone used it yet or heard of a personal acquaintance who has? I am very dubious of get rich scheme but is this one real ?

It still confounds me that bitcoin (and others) were set up as an alternative to cash, but are more volatile than the riskiest stocks out there. Hardly the behaviour you'd want from a currency! I've stayed well away even though I was tempted at times.

 

[Salty seadog]

An ex pupil of my Dads was one of the founders of Bitcoin.

 

[gavroche]

I take it it is a no then. Might take my wife to Asda for lunch tomorrow with old fashioned, fast losing its value Sterling.

 

[matiz]

They were very popular with the money laundering and drug dealing community.

 

[Drago]

On a slow downward trend with no end in sight. If you're troubled by bricks of excess cash cluttering up the place and just want rid of it, then it's an excellent investment.

 

[Dave7]

I have just invented a new one I am calling the euro bitcoin.
Each £ will be worth 1.5 euro bitcoins. I personally guarantee that the value will go up by 50% every week (although it may go down).
Send me your cash......minimum £250.00 and I will email you a voucher for the bitcoins.
You know you can trust me as I had a relative who was a Doctor.....his name was Shipman.

 

[PK99]