WHO Poll
Q: 2017/18 Watford (a)
a. Moyes first game & like the postman he'll deliver, win.
42%
  
b. A tough first game for Moyes it'll be a test alright & I expect a point, draw.
21%
  
c. Different day and it'll be the same shit, lose.
19%
  
d. We should be pleaed the football's back but after the last humiliation and the Board's ineptitude, my passion for WHU has been sucked out of me
14%
  
e. I can't wait me, I'm our biggest fan and once again will be down the Rub a Dub kitted out and belting out David Moysie's Blue & Claret Army, I know all the songs me
3%
  



ludo21 11:27 Wed Sep 6
Bitcoin.... talk to me
Anyone know about these?

Friend of mine got in about 6 months ago and has seen his investment rise five fold in that time.

Thinking about putting a (very) modest sum in and just forgetting about it for a number of years, the potentail for growth seems staggering!

Any pitfalls to watch out for?

What about the younger cyrptos that have yet to explode? Will Ether and IOTAs follow same path.

Cheers.

Replies - Newest Posts First (Show In Chronological Order)

LeroysBoots 10:46 Fri Sep 15
Re: Bitcoin.... talk to me
New tenner was released yesterday.

Long queue of anoraks queuing up outside the BOE looking to get their 6 fingered hands on the new notes hoping to bag a A0000 series note that can fetch up to £3k on Spinks website.

Truth is................................... all of those series notes were not released !

Mike Oxsaw 10:02 Fri Sep 15
Re: Bitcoin.... talk to me
If you plan to trade with companies that accept Bitcoins, keeping a small reserve is not a bad idea - you have another option when interest/exchange rates start wobbling.

Regard it as you would buying shares - values can go down as well as up, and don't tie up any more than you can afford to lose completely.

Turpinator 9:50 Fri Sep 15
Re: Bitcoin.... talk to me
http://www.dailystar.co.uk/news/latest-news/644668/Bitcoin-cryptocurrency-mining-financial-crash-2017-pound When the Daily Star gets bullish its time to worry. Jp Morgan head stuck the boot in as well but that was just sour grapes. Bankers see a cash cow of the last 100 years under threat.

Darby_ 5:59 Fri Sep 15
Re: Bitcoin.... talk to me
Bitcoin down 30% in two weeks. I hope no one bet their house on it.

http://fortune.com/2017/09/14/bitcoin-price-china-btcchina/

Dan M 10:29 Thu Sep 7
Re: Bitcoin.... talk to me
Fucking hell. If BBC2 ever repeat The Day Today people will think it actually IS Newsnight.

https://www.youtube.com/watch?v=Q9_fBDDTIuI

BRANDED 10:18 Thu Sep 7
Re: Bitcoin.... talk to me
From New Scientist.
This could go on any political thread on here too.

BITCOIN changed the way we think about money forever. Now a type of political cryptocurrency wants to do the same for votes, reinventing how we participate in democracy.

Sovereign is being unveiled this week by Democracy Earth, a not-for-profit organisation in Palo Alto, California. It combines liquid democracy – which gives individuals more flexibility in how they use their votes – with blockchains, digital ledgers of transactions that keep cryptocurrencies like bitcoin secure. Sovereign’s developers hope it could signal the beginning of a democratic system that transcends national borders.

“There’s an intrinsic incompatibility between the internet and nation states,” says Santiago Siri, one of Democracy Earth’s co-founders. “If we’re going to think about digital governance, we need to think in a borderless, global way.”

Queens Fish Bar 1:05 Thu Sep 7
Re: Bitcoin.... talk to me

threesixty 3:58 Wed Sep 6
Re: Bitcoin.... talk to me
ohgodno

http://www.sciencemag.org/news/2016/03/why-criminals-cant-hide-behind-bitcoin

"The paradox of cryptocurrency is that its associated data create a forensic trail that can suddenly make your entire financial history public information."

the thing about software is that if you can make it you can break it. I dont think anything in the digital world will ever be 100% secure. You either safe by obscurity or by the amount of time it might take to crack something. But never totally safe.

Having said that, I think in the long run crime will become an after thought here. The big thing is the distributed ledger. Something that is open and cant be manipulated by one party.

We haven't had a viable form of currency not controlled by a bank or government. I'm just wondering how the authorities really handle this without outright criminalising it. It's a pretty big threat to the status quo.


Just use a Bitcoin tumbler - makes them non-traceable.

zebthecat 12:33 Thu Sep 7
Re: Bitcoin.... talk to me
The only people who are guaranteed to make money out of this are those who build the coin mining rigs and NVidia

ludo21 10:59 Wed Sep 6
Re: Bitcoin.... talk to me
I hope you didn't take their advice!

I bought some today... obviously 4 years ago (or 4 weeks ago) would have been better, but hopefully better late than never!

flyingV 9:55 Wed Sep 6
Re: Bitcoin.... talk to me
If I can give you one bit of advice on bitcoin, it would be not to listen what anyone on WHO says about it.

I asked about it on here about 4 years ago and each reply to a man told me it was a fad and not to waste any money on it!

ohgodno 9:22 Wed Sep 6
Re: Bitcoin.... talk to me
threesixty 3:58 Wed Sep 6

Fair dos I wouldn't feel any shame in being wrong because that's inevitable when your knowledge is as deep as the first page of google and some bloke down the pub.

It feels shady though. I still think the first good book about it all will make it writer a load of dosh. Everything I've read about is fucking funny. Read about the Magic the Gathering thing.

southwoodford 6:06 Wed Sep 6
Re: Bitcoin.... talk to me
The early money has already been made - that boat has sailed. However, crypto currencies are here to stay and are commodities to be traded like anything else. Question is -
are you feeling lucky?

ooooh Morley Morley 5:15 Wed Sep 6
Re: Bitcoin.... talk to me
Bitcoin is the currency of nonces... ask Eddie B about it

Darby_ 5:09 Wed Sep 6
Re: Bitcoin.... talk to me
Gold has innate worth. People make pretty necklaces out of it, and if civilisation ended tomorrow, gold would still be worth something.

What is it that gives cryptocurrencies worth? I'm not convinced that there is anything besides hype and greed.

ludo21 5:04 Wed Sep 6
Re: Bitcoin.... talk to me
Reading through the thread I think my initial comparison to gold stands up.

It's a finite commodity (that can still be 'mined') that is outside the jurisdiction of any government.

As said before I reckon this will prove to be seen as a 'safe haven' in times of trouble.

Several of you mention it being outlawed... is that a realistic proposition? Surely the horse has bolted and it's too well established now to suffer that fate?

threesixty 3:58 Wed Sep 6
Re: Bitcoin.... talk to me
ohgodno

http://www.sciencemag.org/news/2016/03/why-criminals-cant-hide-behind-bitcoin

"The paradox of cryptocurrency is that its associated data create a forensic trail that can suddenly make your entire financial history public information."

the thing about software is that if you can make it you can break it. I dont think anything in the digital world will ever be 100% secure. You either safe by obscurity or by the amount of time it might take to crack something. But never totally safe.

Having said that, I think in the long run crime will become an after thought here. The big thing is the distributed ledger. Something that is open and cant be manipulated by one party.

We haven't had a viable form of currency not controlled by a bank or government. I'm just wondering how the authorities really handle this without outright criminalising it. It's a pretty big threat to the status quo.

ohgodno 3:47 Wed Sep 6
Re: Bitcoin.... talk to me
threesixty 3:34 Wed Sep 6

A quick google shows criminal use is still pretty much the only use for bit-coin. That and a few hipster early adopters.

The other currencies are government backed either directly or indirectly and are the equivalent of intelligence agencies putting a base ball hat on back to front, walking up to cyber criminals and saying "Hello fellow hackers what crimes will we be committing today?"

The best way to make money out of bit-coin would be to write a book about it. The shenanigans are hilarious. At one point a "magic the gathering" card exchange became one of the worlds largest embezzling sites because of bit coin. That's like discovering a kids nursery was co-opted to become the worlds premier source of ISIS propaganda.

(My sources are Google and a nerd I know).

threesixty 3:34 Wed Sep 6
Re: Bitcoin.... talk to me
swiss

thanks, I'll check it out.

As for the criminal stuff. I heard the authorities have snuffed alot of that out because they can track when people try to turn it into real money at some point. So real criminals are going to other crypto currencies.

The thing that interests me is that the block chain ledger thing means banks cant create cash so the price is really set by demand and supply.

So if I had 100k in bitcoins and wanted to buy something in the EU with bitcoins and the other party was willing to accept, it wouldnt matter about the gbp/eu xrate.

So no amount of brexit crap, or the UK buying pounds can change that bitcoin value. People who buy things abroad have been damaged by politics dictating xrates. Seems like bitcoin could avoid all that. And it can also avoid inflation eating away at savings.

ohgodno 3:22 Wed Sep 6
Re: Bitcoin.... talk to me
Don't know about the economics of it but it's value is based on the ability to use it anonymously. Check and see how close governments are to removing this UPS because if they are close then it's going to become worth much less to the criminals who use it and give it its value

Any government backed crypto-currency is a trap.

bobbymoore 3:10 Wed Sep 6
Re: Bitcoin.... talk to me
threesixty

look up etherium

Swiss. 3:00 Wed Sep 6
Re: Bitcoin.... talk to me
well sort of. I mean they want to open the market. Make it more accessible. If so buying this currency now could be a good idea.

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