Go Back   Australian Ford Forums > General Topics > Non Ford Related Community Forums > The Bar

The Bar For non Automotive Related Chat

Reply
 
Thread Tools Display Modes
Old 18-12-2017, 10:52 PM   #1
PHATAL
Donating Member
Donating Member1
 
PHATAL's Avatar
 
Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,437
Default Re: Crypto $$$

If registration was instant I would have been $5 up by now. Minus fees of course.

Sent from my SM-G935F using Tapatalk
__________________
ZG Fairlane 500 351 - First car - Now restoring! - LOOKING FOR ZG PARTS - BLACK AUTO CONSOLE - BLACK DASH PAD - BLACK SEAT BELTS (WITH THE METAL BUCKLES) -
RIGHT REAR CHROME TRIM

XF Falcon S Update EFI - SOLD
EL2 XR8 - SOLD
BF F6 RSPEC #139 - SOLD
Now rocking the SZ Territory Titanium Petrol Family Beast
PHATAL is offline   Reply With Quote Multi-Quote with this Post
Old 18-12-2017, 11:03 PM   #2
Lunch
Wait, what?
 
Lunch's Avatar
 
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,675
Default Re: Crypto $$$

Waiting for your bpay deposit to clear is more painful
Lunch is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 19-12-2017, 02:15 PM   #3
Sioso
irregular member
 
Sioso's Avatar
 
Join Date: Jun 2005
Location: NSW
Posts: 1,457
Default Re: Crypto $$$

Quote:
Originally Posted by Lunch View Post
Waiting for your bpay deposit to clear is more painful
That's the stage I'm at, how long does it take to land in your BTC account?
Sioso is offline   Reply With Quote Multi-Quote with this Post
Old 19-12-2017, 03:40 PM   #4
Lunch
Wait, what?
 
Lunch's Avatar
 
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,675
Default Re: Crypto $$$

Quote:
Originally Posted by Sioso View Post
That's the stage I'm at, how long does it take to land in your BTC account?
I did it Friday arvo, received the confirmation email about an hour ago, basically 2 full working days
Lunch is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 18-12-2017, 11:05 PM   #5
PHATAL
Donating Member
Donating Member1
 
PHATAL's Avatar
 
Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,437
Default Re: Crypto $$$

I have been too busy at work to look into this properly. If I had done this late last month when I wanted to sort it I would be up around 200%

Sent from my SM-G935F using Tapatalk
__________________
ZG Fairlane 500 351 - First car - Now restoring! - LOOKING FOR ZG PARTS - BLACK AUTO CONSOLE - BLACK DASH PAD - BLACK SEAT BELTS (WITH THE METAL BUCKLES) -
RIGHT REAR CHROME TRIM

XF Falcon S Update EFI - SOLD
EL2 XR8 - SOLD
BF F6 RSPEC #139 - SOLD
Now rocking the SZ Territory Titanium Petrol Family Beast
PHATAL is offline   Reply With Quote Multi-Quote with this Post
Old 18-12-2017, 11:08 PM   #6
Ben73
FF.Com.Au Hardcore
 
Ben73's Avatar
 
Join Date: Jul 2010
Location: NSW
Posts: 4,319
Default Re: Crypto $$$

I have a mate who is down few thousand since he started.
It's not all great stories.
I'm getting interested anyway.
Ben73 is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 18-12-2017, 11:10 PM   #7
PHATAL
Donating Member
Donating Member1
 
PHATAL's Avatar
 
Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,437
Default Re: Crypto $$$

Yeah I have a feeling that I would be jumping on this band wagon too late now. Quite possibly it is on its high side now and it is all down hill from here. Nobody knows!

Sent from my SM-G935F using Tapatalk
__________________
ZG Fairlane 500 351 - First car - Now restoring! - LOOKING FOR ZG PARTS - BLACK AUTO CONSOLE - BLACK DASH PAD - BLACK SEAT BELTS (WITH THE METAL BUCKLES) -
RIGHT REAR CHROME TRIM

XF Falcon S Update EFI - SOLD
EL2 XR8 - SOLD
BF F6 RSPEC #139 - SOLD
Now rocking the SZ Territory Titanium Petrol Family Beast
PHATAL is offline   Reply With Quote Multi-Quote with this Post
Old 19-12-2017, 12:42 AM   #8
Outbackjack
Central to all beach's
 
Outbackjack's Avatar
 
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
Default Re: Crypto $$$

The only crypto I am investing in is https://ripple.com/ > This is for reasons of my own. Its a personal choice but one thing we can count on is that crypto currencies are here to stay. Most of the critics (hi profile critics, not the folk on this forum) see themselves becoming irrelevant over the next decade or so. Crypto are putting money control into the hands of "the people".... I might be proven completely wrong over time. But in the meantime I have turned 10K into 33K in a month. And its all legal.
__________________
Real Aussie muscle cars have a clutch!!
http://www.roadsense.com.au/about.html
Outbackjack is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 19-12-2017, 01:04 AM   #9
Captain Stubing
Looking for clues...
Donating Member3
 
Captain Stubing's Avatar
 
Join Date: Jan 2005
Location: Morayfield
Posts: 22,848
Default Re: Crypto $$$

Quote:
Originally Posted by Outbackjack View Post
The only crypto I am investing in is https://ripple.com/ > This is for reasons of my own. Its a personal choice but one thing we can count on is that crypto currencies are here to stay. Most of the critics (hi profile critics, not the folk on this forum) see themselves becoming irrelevant over the next decade or so. Crypto are putting money control into the hands of "the people".... I might be proven completely wrong over time. But in the meantime I have turned 10K into 33K in a month. And its all legal.
Are you selling when it's high, and buying when the price is lower, or invest 10k, and wait for it to grow?
__________________
Swanny’s Fundraiser for the 2024 MS Brissie to the Bay Bike Ride



2016 Ford Falcon FG/X XR6 Turbo you beaut ute
1985 XR4Ti Sierra - Build Thread
1971 Fairlane 500
and... a collection of Jeep Towpigs
and... two collections of rust and some new plastic bits roughly shaped like an F-Truck
and.... some spare metal bits with holes in them
Captain Stubing is online now   Reply With Quote Multi-Quote with this Post
Old 19-12-2017, 01:10 AM   #10
Outbackjack
Central to all beach's
 
Outbackjack's Avatar
 
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
Default Re: Crypto $$$

Quote:
Originally Posted by swanny View Post
Are you selling when it's high, and buying when the price is lower, or invest 10k, and wait for it to grow?
So far just buy low and wait.... I see ripple as a 5 year investment. If ripple only performs 10% of what bitcoin has done my investment would be $7M.
__________________
Real Aussie muscle cars have a clutch!!
http://www.roadsense.com.au/about.html
Outbackjack is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 19-12-2017, 10:12 AM   #11
Trump
bitch lasagne
 
Trump's Avatar
 
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
Default Re: Crypto $$$

Quote:
Originally Posted by Outbackjack View Post
The only crypto I am investing in is https://ripple.com/ > This is for reasons of my own. Its a personal choice but one thing we can count on is that crypto currencies are here to stay. Most of the critics (hi profile critics, not the folk on this forum) see themselves becoming irrelevant over the next decade or so. Crypto are putting money control into the hands of "the people".... I might be proven completely wrong over time. But in the meantime I have turned 10K into 33K in a month. And its all legal.
Crypto currencies are a technological tour de force, and one (or more) could be put in place as a currency. However this will not happen unless the central banking cartel can get full control of the entire process; as it stands they have no control and as such, they will fight tooth and nail to maintain the status quo as their power resides in the ability to issue essentially unlimited fiat.
__________________




Scaled Business Solutions
For Your Small Business IT Needs
Trump is offline   Reply With Quote Multi-Quote with this Post
Old 19-12-2017, 11:11 AM   #12
fordomatic
Donating Member
Donating Member1
 
fordomatic's Avatar
 
Join Date: Jun 2007
Location: Checking out soft furnishings....
Posts: 8,541
Default Re: Crypto $$$

Quote:
Originally Posted by Trump View Post
Crypto currencies are a technological tour de force, and one (or more) could be put in place as a currency. However this will not happen unless the central banking cartel can get full control of the entire process; as it stands they have no control and as such, they will fight tooth and nail to maintain the status quo as their power resides in the ability to issue essentially unlimited fiat.
Exactly, big business (Which is what runs the world, not politicians) has the power to destroy bitcoin. Look at the EU at the moment, all countries have now agreed to regulate bitcoin. This is because big business is not getting a piece of the pie.

I trade what i can afford to lose, if i lost all my money tomorrow i would be angry but it wouldn't be the end of the world. Big money to be made if you pick the right coins.
fordomatic is offline   Reply With Quote Multi-Quote with this Post
3 users like this post:
Old 19-12-2017, 01:40 PM   #13
FairmontGS
WT GT
Donating Member3
 
FairmontGS's Avatar
 
Join Date: Jan 2006
Location: The GSS
Posts: 17,657
Default Re: Crypto $$$

Quote:
Originally Posted by fordomatic View Post
Exactly, big business (Which is what runs the world, not politicians) has the power to destroy bitcoin. Look at the EU at the moment, all countries have now agreed to regulate bitcoin. This is because big business is not getting a piece of the pie.

I trade what i can afford to lose, if i lost all my money tomorrow i would be angry but it wouldn't be the end of the world. Big money to be made if you pick the right coins.

Quote:
Originally Posted by Outbackjack
The only crypto I am investing in is https://ripple.com/ > This is for reasons of my own. Its a personal choice but one thing we can count on is that crypto currencies are here to stay. Most of the critics (hi profile critics, not the folk on this forum) see themselves becoming irrelevant over the next decade or so. Crypto are putting money control into the hands of "the people".... I might be proven completely wrong over time. But in the meantime I have turned 10K into 33K in a month. And its all legal.
Quote:
Originally Posted by Trump
Crypto currencies are a technological tour de force, and one (or more) could be put in place as a currency. However this will not happen unless the central banking cartel can get full control of the entire process; as it stands they have no control and as such, they will fight tooth and nail to maintain the status quo as their power resides in the ability to issue essentially unlimited fiat.
You bunch of commie-reds

The "system" will never be overthrown, we'll grind the proletariat back into the mud and keep 99% of the wealth in the hands of the 1% who rule

(In the meantime my BTC Markets account was approved instantly so let's go play )
FairmontGS is online now   Reply With Quote Multi-Quote with this Post
4 users like this post:
Old 19-12-2017, 02:29 PM   #14
PHATAL
Donating Member
Donating Member1
 
PHATAL's Avatar
 
Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,437
Default Re: Crypto $$$

Up 8% in the last 48 hours...

Sent from my SM-G935F using Tapatalk
__________________
ZG Fairlane 500 351 - First car - Now restoring! - LOOKING FOR ZG PARTS - BLACK AUTO CONSOLE - BLACK DASH PAD - BLACK SEAT BELTS (WITH THE METAL BUCKLES) -
RIGHT REAR CHROME TRIM

XF Falcon S Update EFI - SOLD
EL2 XR8 - SOLD
BF F6 RSPEC #139 - SOLD
Now rocking the SZ Territory Titanium Petrol Family Beast
PHATAL is offline   Reply With Quote Multi-Quote with this Post
Old 19-12-2017, 02:48 PM   #15
GO FURTHER
Moderator
Donating Member3
 
GO FURTHER's Avatar
 
Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
Tech Writer: Recognition for the technical writers of AFF - Issue reason: Fitting New Iridium Plugs & the state of the old ones - (Photo Essay) 
Default Re: Crypto $$$

Roll out of the first ever nationwide network of bitcoin ATMs in Australia;

http://www.heraldsun.com.au/news/vic...5d02dd7017d3cd
GO FURTHER is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 19-12-2017, 04:04 PM   #16
aussiblue
FG XR6 Ute & Sedan
Donating Member3
 
Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,454
Technical Contributor: For members who share their technical expertise. - Issue reason: Has been floating around the oze tech section for a long time and is always there to give advice when people have an issue. 
Default Re: Crypto $$$

http://www.watoday.com.au/business/m...18-p4yxty.html
Quote:
Home Business Markets
DECEMBER 19 2017 - 11:16AM
Bitcoin.com is one of the world’s largest bitcoin sites, having grown its profile thanks to the insane price surge of the cryptocurrency this year. But its cofounder and CTO, Emil Oldenburg, a Swedish native, is extremely skeptical of bitcoin’s future.

“I would say an investment in bitcoin is right now the riskiest investment you can make. There’s an extremely high risk,” he says in an interview with Swedish tech site

“I have in fact sold all my bitcoins recently and switched to bitcoin cash,” says Oldenburg, referring to the problems with bitcoin’s high transaction costs and lead times.

Indeed, by some counts, bitcoin transaction fees are doubling every three months, and it now takes on average 4.5 hours to confirm a bitcoin transaction. Ars Technica reported that fees reached $US26 per trade recently. Bitcoin.com operates in everything that has to do with bitcoins.
__________________
regards Blue
aussiblue is online now   Reply With Quote Multi-Quote with this Post
Old 19-12-2017, 04:08 PM   #17
aussiblue
FG XR6 Ute & Sedan
Donating Member3
 
Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,454
Technical Contributor: For members who share their technical expertise. - Issue reason: Has been floating around the oze tech section for a long time and is always there to give advice when people have an issue. 
Default Re: Crypto $$$

And https://www.cnbc.com/2017/12/18/watc...ommentary.html

Quote:
Watch out for a correction in bitcoin after a parabolic rise Cryptocurrencies are suitable for short-term trading Bitcoin futures have limits on expiry
The bitcoin trend shows room for a 50% correction
__________________
regards Blue
aussiblue is online now   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 19-12-2017, 04:39 PM   #18
aussiblue
FG XR6 Ute & Sedan
Donating Member3
 
Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,454
Technical Contributor: For members who share their technical expertise. - Issue reason: Has been floating around the oze tech section for a long time and is always there to give advice when people have an issue. 
Default Re: Crypto $$$

And if this even looks like happening watch crypto currencies drop to zero while gold prices go through the roof.

Quote:
Beijing urged to mobilise its troops in anticipation of Korean War ‘between now and March’
http://www.news.com.au/world/beijing...6e44efcf566c64
__________________
regards Blue
aussiblue is online now   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 19-12-2017, 05:17 PM   #19
Mercury Bullet
FF.Com.Au Hardcore
 
Join Date: Feb 2008
Location: WA
Posts: 3,705
Default Re: Crypto $$$

Agreed, if there is any hint of war the whole thing will collapse. (IMO)

Everyone will go for gold, happens every time during war.

But good luck to those investing and keep your eyes open and be prepared to cash out at the right time.

My 2 Bitcoins.
__________________
www.bseries.com.au/mercurybullet

2016 Falcon XR8. Powered by the legend that is - David Winter.
XC Cobra #181.
1985 Mack Superliner, CAT 3408, 24 speed Allison.
Mercury Bullet is offline   Reply With Quote Multi-Quote with this Post
3 users like this post:
Old 19-12-2017, 07:07 PM   #20
aussiblue
FG XR6 Ute & Sedan
Donating Member3
 
Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,454
Technical Contributor: For members who share their technical expertise. - Issue reason: Has been floating around the oze tech section for a long time and is always there to give advice when people have an issue. 
Default Re: Crypto $$$






Soon to enter the "Blow Off" phase me thinks. So IMO only invest what you can afford to lose and if you have already invested and made big gains consider realizing 50% of that now.
__________________
regards Blue

Last edited by aussiblue; 19-12-2017 at 07:15 PM.
aussiblue is online now   Reply With Quote Multi-Quote with this Post
5 users like this post:
Old 19-12-2017, 07:17 PM   #21
Lunch
Wait, what?
 
Lunch's Avatar
 
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,675
Default Re: Crypto $$$

So we are currently in the mania phase?
If that graph is accurate then I guess it’s all about timing
Lunch is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 19-12-2017, 07:22 PM   #22
aussiblue
FG XR6 Ute & Sedan
Donating Member3
 
Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,454
Technical Contributor: For members who share their technical expertise. - Issue reason: Has been floating around the oze tech section for a long time and is always there to give advice when people have an issue. 
Default Re: Crypto $$$

Quote:
So we are currently in the mania phase?
I think so and towards the delusion end.
__________________
regards Blue
aussiblue is online now   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 19-12-2017, 11:25 PM   #23
Trump
bitch lasagne
 
Trump's Avatar
 
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
Default Re: Crypto $$$

This from the head of fintech at the Monetary Authrority of Singapore:

http://www.theage.com.au/business/ma...19-h07a89.html

The central banking cartel will do anything to have their debt-based fiat at the top of the financial food chain.
__________________




Scaled Business Solutions
For Your Small Business IT Needs

Last edited by Trump; 19-12-2017 at 11:40 PM.
Trump is offline   Reply With Quote Multi-Quote with this Post
Old 20-12-2017, 09:00 AM   #24
FairmontGS
WT GT
Donating Member3
 
FairmontGS's Avatar
 
Join Date: Jan 2006
Location: The GSS
Posts: 17,657
Default Re: Crypto $$$

Quote:
Originally Posted by Trump View Post
This from the head of fintech at the Monetary Authrority of Singapore:

http://www.theage.com.au/business/ma...19-h07a89.html

The central banking cartel will do anything to have their debt-based fiat at the top of the financial food chain.



Last edited by FairmontGS; 20-12-2017 at 09:17 AM.
FairmontGS is online now   Reply With Quote Multi-Quote with this Post
Old 20-12-2017, 10:10 AM   #25
Trump
bitch lasagne
 
Trump's Avatar
 
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
Default Re: Crypto $$$

Quote:
Originally Posted by FairmontGS View Post
I didn't realise it was open mic night
__________________




Scaled Business Solutions
For Your Small Business IT Needs
Trump is offline   Reply With Quote Multi-Quote with this Post
3 users like this post:
Old 20-12-2017, 01:14 PM   #26
data_mine
GT-P With An Ego
Donating Member2
 
data_mine's Avatar
 
Join Date: Feb 2005
Location: Canberra
Posts: 20,027
Default Re: Crypto $$$

only a banker would want a debt based fiat, no one here would.
__________________
1998 DL LTD in Sparkling Burgundy, daily, mild 5.0L, high end stereo, slow'n'thirsty - 138.8rwkw.
2006 BF GT-P in Ego, 5.8L all alloy, Kenne Bell 2.8HLC, Nizpro Stage 2 ZF - 440rwkw.
2008 SY F6X in Silhouette, stock for now nope.

Ford Performance Club of ACT
data_mine is online now   Reply With Quote Multi-Quote with this Post
3 users like this post:
Old 20-12-2017, 01:26 PM   #27
Trump
bitch lasagne
 
Trump's Avatar
 
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
Default Re: Crypto $$$

Quote:
Originally Posted by data_mine View Post
only a banker would want a debt based fiat, no one here would.
Bingo, give this man a cigar!
__________________




Scaled Business Solutions
For Your Small Business IT Needs
Trump is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 20-12-2017, 11:36 PM   #28
Iggle Piggle
FF.Com.Au Hardcore
 
Join Date: Nov 2011
Posts: 1,547
Default Re: Crypto $$$

Do you have to pay tax on crypto earnings like you would on earnings from ASX?
Iggle Piggle is offline   Reply With Quote Multi-Quote with this Post
Old 20-12-2017, 11:45 PM   #29
data_mine
GT-P With An Ego
Donating Member2
 
data_mine's Avatar
 
Join Date: Feb 2005
Location: Canberra
Posts: 20,027
Default Re: Crypto $$$

the ATO website has guidance on it. best to speak to an accountant though.
__________________
1998 DL LTD in Sparkling Burgundy, daily, mild 5.0L, high end stereo, slow'n'thirsty - 138.8rwkw.
2006 BF GT-P in Ego, 5.8L all alloy, Kenne Bell 2.8HLC, Nizpro Stage 2 ZF - 440rwkw.
2008 SY F6X in Silhouette, stock for now nope.

Ford Performance Club of ACT
data_mine is online now   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 20-12-2017, 11:48 PM   #30
Trump
bitch lasagne
 
Trump's Avatar
 
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
Default Re: Crypto $$$

Quote:
Originally Posted by data_mine View Post
the ATO website has guidance on it. best to speak to an accountant though.
And if your accountant starts drooling when you mention crypto currencies, find a new accountant
__________________




Scaled Business Solutions
For Your Small Business IT Needs
Trump is offline   Reply With Quote Multi-Quote with this Post
Reply


Forum Jump


All times are GMT +11. The time now is 08:04 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Other than what is legally copyrighted by the respective owners, this site is copyright www.fordforums.com.au
Positive SSL