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Bitcoins

Discussion in 'E-Commerce' started by dunotra, Dec 11, 2015.

  1. dunotra

    dunotra

    Joined:
    Dec 29, 2009
    Messages:
    251
    Does anyone on here use Bitcoins and if so how do you get a wallet to buy and sell things with them? And more importantly how do you turn them into real money?
  2. Andy-Bell

    Andy-Bell

    Joined:
    Nov 27, 2015
    Messages:
    1
    I dont currently sell for bitcoin, but I do use it in a trading capacity. If you are thinking about accepting Bitcoin as payment, I would recommend looking into Coinbase. They provide all the facilities you would need to start using and managing your Bitcoin transactions. I you have little to no understanding of what bitcoin is and how Blockchain's work I would strongly recommend you have a good read up, staring with everything this gentleman has written Andreas Antonopoulos.
  3. Jed

    Jed

    Joined:
    Feb 16, 2009
    Messages:
    8,279
    If only we all bought thousands of them when this thread was made :cry:
    Import Expert and dunotra like this.
  4. dunotra

    dunotra

    Joined:
    Dec 29, 2009
    Messages:
    251
    We would be rich I tell yeh rich. :innocent:
  5. Erik

    Erik

    Joined:
    Sep 26, 2012
    Messages:
    2,588
    almost had me banging my head on the wall when it reached $10,000. Should have invested back in 2010!!! :cry:
  6. Cody

    Cody

    Joined:
    Feb 17, 2016
    Messages:
    1,223
    Guys, have you checked the news this morning regarding Bitcoins?
  7. Erik

    Erik

    Joined:
    Sep 26, 2012
    Messages:
    2,588
    The price went down? I think that's expected. The market and coin owners have been holding up these coins for a while since the start of the year (when it was just worth about $1000), and kept on holding despite the rumoured "fork". Now reaching the 10,000 mark, if I was an investor holding at least 100 bitcoins, wouldn't it be such time for me to cash in? (equivalent to $1,000,000 for a $10k value)

    Surely a lot have sold / selling their coins now due to that, which makes the price sharply go down today (more sellers, less buyers)
  8. shaununo

    shaununo

    Joined:
    Oct 11, 2010
    Messages:
    3,300
    Wish I had purchased some of these digital coins a few years back! Seems to be a lot of chat in the mainstream media about Bitcoin, I wonder if this is helping to push up demand. I have now been reading up about this digital currency, is it the future of money! Other companies seem to be joining the market as well, such as Litecoin and Ethereum.

    Is it worth a punt on some of these cheaper coins!
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