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Share your dilemmas and get honest opinions from other Mumsnetters.

To ask if anyone dabbles with bitcoin?

899 replies

MollyWantsACracker · 23/08/2017 13:34

Disclaimer: I am totally clueless

I bought a few euro worth today, just for fun really

Anyone else?

OP posts:
Thread gallery
11
Noofly · 08/01/2018 22:17

Sorry MN but am going to have a bit of a laugh right now at DH’s expense. So- he wanted me to buy him some when it was about $3.25. I didn’t get round to it and he didn’t mention it again. Tonight I got to show him the current price of $2.50 and say to him, “Bet you’re glad I didn’t buy you any at the weekend.” He’s unimpressed that I can’t tell him if it’s at the floor now- can’t get through to him that I am not a trader

McAfee made Doge his coin of the week. Fucker. The Doge community is telling him to piss off. Grin

pisacake · 08/01/2018 22:22

Child abuse websites accept monero too.

Incidentally I just checked the Dolly Parton website and you can indeed pay with Monero. The only problem is getting hold of the Monero. The number one recommended place on the Monero website is Kraken

And whaddya know? It's down.

What a shitshow.

I mean monero makes a whole bunch of sense if you want to buy crack, or child pornography. But for Dolly Parton? Nope, and never.

pisacake · 08/01/2018 22:22

also John McAfee is a fucking lunatic.

MNOverinvestor · 08/01/2018 22:36

Could you get MrNoofly some of the nicely-wrapped Ripple available at most supermarkets and see if he is mollified by it? My Ripple is causing me angst. It's allowable angst because I paid very little for it and so it doesn't matter to me if it fails (since I now feel it goes against the early crypto/anti-establishment way of things).

My ethical crypto fingers having been a bit singed by Ripple, so I am parking my plans to dabble in Ada and Iota until I can research them more, but am thinking of putting equally small amounts into Bitcoin/Bitcoin cash, depending on next week's tax bill. My future might be Doge especially with this nice Venetian pointy hat/canine mash-up to inspire me.

To ask if anyone dabbles with bitcoin?
MNOverinvestor · 08/01/2018 22:38

Or even this one (this could go on for a while)

To ask if anyone dabbles with bitcoin?
cozietoesie · 08/01/2018 22:40

One of my very close acquaintances is a genuine investor. I asked him whether he was 'trying out' Bitcoin.

He replied: 'You've got to be joking'. Grin

Noofly · 09/01/2018 08:10

Ha, ha, ha, MN you are secretly one of the Doge community at heart! I love Venetian Doge!

I think a chocolate Ripple might make MrNoofly very happy. I just saw a funny tweet saying that with the current price fluctuation, Ripple should be renamed “Wave”. Grin

I have bought more Doge to keep me entertained while Bitcoin trades sideways. I am in the community spirit and have bought it to give it away. I might change my user name here to be Doge related. If I can remember my MN password, that is. I can keep my coins safe, yet can’t remember my MN password. Grin

Anyway, today I am off the cryptos and back into the real world. There’s a new share listing at 14:30 GMT that I want to get my hands on. It’s not yet showing on HL which is making me twitchy and am hoping it appears like magic at 2:30. Hopefully my cryptos won’t do anything extreme in my absence...

WickedGoodDoge · 09/01/2018 08:13

I remembered my password and no one had taken this user name! What luck!

Grin Grin Grin Grin Grin Grin

Newyearnewyew · 09/01/2018 10:41

Can anyone tell me how long it takes to sell on coin base please, we sold last Wednesday, and had to send euro to some bank to verify account but still nothing yet..

MNOverinvestor · 09/01/2018 10:44

Never used Coinbase, I'm afraid. I hope the money comes through soon though.

Viviennemary · 09/01/2018 10:49

I hope you get your money back from these Coinbase people. If you don't who exactly do you complain to. So much for cryptocurrency being instant and convenient. Hmm

Newyearnewyew · 09/01/2018 11:04

Its because we have to verify our account. I would like to think once this was done transactions would be much quicker who knows.

I'm worried because we have not done it before and never expected it to take this long! Some bank addresses in Estonia Hmm... One prays its legit.

WickedGoodDoge · 09/01/2018 11:22

Coinbase is supposed to be completely snowed under right now with the number of new registrations. For whatever reason they haven’t temporarily suspended new registrations like some other exchanges. You might be best either tweeting them and/or posting on the Coinbase reddit - reddit would at least give you an idea as to whether there are loads in a similar position and possibly helpful suggestions.

Newyearnewyew · 09/01/2018 11:30

Great thank you.

Newyearnewyew · 09/01/2018 11:31

It's Bank verification so not sure if that's coin base itself

Viviennemary · 09/01/2018 12:35

Was it a lot of money? So much dodgy goings on with this.

RB68 · 09/01/2018 12:43

I suggest if you want your mind blown you look at what they are actually mining....

Viviennemary · 09/01/2018 13:18

Blow our minds please RB68. Grin

BalletSax · 09/01/2018 15:30

Just found this thread. My DH and I have been doing this for a while. Started on £1000, now Up to £8500.

I think we got out of ripple at the right time but still have a small amount. Some of the predictions are crazy.

PoisonousSmurf · 09/01/2018 15:33

Only dodgy dealers, gamblers and drug dealers mess with 'Bitcoins'.

MNOverinvestor · 09/01/2018 16:36

My god Poisonous you’ve cracked it. This thread, despite all its talk of CGT, SIPPS and only investing small amounts, a meeting of devious criminal minds...

BalletSax · 09/01/2018 16:50

Poisonous 😂

WickedGoodDoge · 09/01/2018 18:40

Dear Lord, Kodak has just announced the launch of the crypto currency, the Kodakcoin. Share price skyrockets on the news.

techcrunch.com/2018/01/09/kodak-announces-ico-stock-jumps-44/?ncid=mobilenavtrend

hammington · 09/01/2018 21:07

this is a joke, right?

WickedGoodDoge · 09/01/2018 21:14

Sadly, no. Here’s the chart on HL- it’s currently up 113% today on the back of the news.

Jamie Dimon (JP Morgan) now regrets calling Bitcoin a fraud. Says he still has no interest in it but regrets calling it a fraud. [So how long until JP Morgan opens up a crypto desk? Hmm

It seems to be a case of, “if you can’t beat them, join them.” Hmm