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Bitcoin FAQs

Back in 2014 I started hearing about Bitcoin and being inquisitive I researched it and found out how to buy some, which I did. I then promptly ignored them and carried on with my fumbling attempts to make money out of other things.

In fact, I couldn’t remember what my details were and how to access them.

Whilst clearing out some old paper work recently I stumbled across where I had written down my account details, so I logged into Blockchain and my bitcoins where still there and what was more pleasing I was sat on a 10 bagger.

Now at this point you are probably thinking “Smug Bastard” but no I was kicking myself.

At the time, I purchased I had thought “What am I going to do with them and they will probably go belly up as a scam and I only bought 0.1 bitcoins. Yes, I risked a massive £21 which is now worth £210 as I type.

So, I am now sitting thinking why didn’t you buy 1 or 5 or 10 for God’s sake it would not have broken you at the time.

So Doh! This making money game is easy when looking through a rear-view mirror.

I will hang on to my small stake and maybe it will 10 bagger again and I still don’t know what to do with them, but things are changing.
M

CALLING THE BITCOIN BUBBLE BURST (12:33 GMT) - (Julien Ponthus)

With Bitcoin just crashing below 8,000 dollars, it's probably not a surprise that a number of analysts feel it's now safe to make a call. "The continuing drop in cryptocurrency prices can probably now be classified as a bursting of that particular bubble," said Paul Donovan, chief economist at UBS Wealth Management about five hours ago.

Consensus goes that the crash won't have any macro or systemic impact but then again it could very well add to the gloominess building up on equity markets. As Donovan noted, an otherwise confident American consumer could feel somewhat less upbeat this morning ahead of the U.S. payroll data. "There is no reason for the U.S. consumer to be concerned at the moment about the state of things, unless of course that consumer has been so foolish as to gamble on Bitcoin," Donovan said.

Virtual currencies may stay even if bubble is already deflating: ECB

Went to seminar out of interest.
Wont risk a penny which ever way it goes.

Expecting sometime soon.

Amazoncoin
Easycoin
Virgincoin
TITcoin (Trotters Independent Traders)

Boom