1. Cryptocurrency Warning:
    The risks of trading cryptocurrencies are mainly related to its volatility. They are high-risk and speculative and it is important that you understand the risks before you start trading. They are volatile: unexpected changes in market sentiment can lead to sharp and sudden moves in price.
    Please be aware that any information provided here can be the opinion of the author. Trade at your own risk.
    Dismiss Notice
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  1. Bitcoin

    25.6%
  2. No Bitcoin

    74.4%
  3. 43 voter(s)
  1. WiiMiiSwitch

    OP WiiMiiSwitch Polls be dead. Rap for ya boi Wii Mii now
    Member

    Joined:
    Dec 18, 2020
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    929
    Country:
    United States
    Bitcoin has certiantly grown popular in the years, do you use it?
     
  2. Seliph

    Seliph Best Girl
    Member

    Joined:
    Jul 11, 2016
    Messages:
    1,543
    Country:
    United States
  3. WiiMiiSwitch

    OP WiiMiiSwitch Polls be dead. Rap for ya boi Wii Mii now
    Member

    Joined:
    Dec 18, 2020
    Messages:
    929
    Country:
    United States
  4. XAIXER

    XAIXER Kaiser Supremissimus
    Member

    Joined:
    Mar 11, 2016
    Messages:
    404
    Country:
    Canada
    I'd like to have them, worth some decent $$$.
     
    Scott_pilgrim and OldBoi like this.
  5. OldBoi

    OldBoi GBAtemp Advanced Fan
    Member

    Joined:
    Jan 25, 2021
    Messages:
    515
    Country:
    United States
    I only use star treks insignias and coms. they are gold.
     
    Last edited by OldBoi, Mar 11, 2021
    Scott_pilgrim likes this.
  6. Milenko

    Milenko GBAtemp Addict
    Member

    Joined:
    Oct 16, 2017
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    2,458
    Country:
    Australia
    What do you mean use? Spend? If you spend it you're insane, if you mean being invested in it then yes
     
    OldBoi and Scott_pilgrim like this.
  7. Viri

    Viri GBAtemp Psycho!
    Member

    Joined:
    Sep 13, 2009
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    3,103
    Country:
    United States
    I like how there is a warning at the top of this thread, lol. And no, I do not.
     
    OldBoi likes this.
  8. Hayato213

    Hayato213 GBAtemp Guru
    Member

    Joined:
    Dec 26, 2015
    Messages:
    9,109
    Country:
    United States
    I only bought bitcoin to pay for other stuffs that don't accept us credit cards or paypal and use crypto currency as one of their payment method, site like 1fichier.
     
    OldBoi and Scott_pilgrim like this.
  9. CPG

    CPG haggis!
    Member

    Joined:
    Aug 9, 2016
    Messages:
    1,060
    Country:
    Canada
    ethereum all the way BAYBEEEEEEEEE
     
    OldBoi, Scott_pilgrim and IC_ like this.
  10. DinohScene

    DinohScene hail p1ngpong
    Moderator

    Joined:
    Oct 11, 2011
    Messages:
    21,131
    Country:
    Antarctica
    Bitcoin... I got some.
    Ethereum, I got more then some.

    The latter is being used to pay off a huge debt once it's reached that height.
    Far far wiser course of action then to recklessly spend it.
     
    OldBoi and Scott_pilgrim like this.
  11. spotanjo3

    spotanjo3 GBAtemp Legend
    Member

    Joined:
    Nov 6, 2002
    Messages:
    10,585
    Country:
    Portugal
    No. I am staying with 1990's. I am not into 2000's and the future at all. No thanks.
     
    OldBoi likes this.
  12. Luke94

    Luke94 GBAtemp Regular
    Member

    Joined:
    Sep 2, 2016
    Messages:
    187
    Country:
    Poland
    I don't know how it works.
     
    OldBoi likes this.
  13. Milenko

    Milenko GBAtemp Addict
    Member

    Joined:
    Oct 16, 2017
    Messages:
    2,458
    Country:
    Australia
    You buy it and hope it goes up
     
    OldBoi and Scott_pilgrim like this.
  14. Sophie-bear

    Sophie-bear The Coolest Bear Around
    Member

    Joined:
    Jan 4, 2017
    Messages:
    875
    Country:
    United States
    I mine and then sell whenever I think the time is right. I'm pretty good at guessing when the price is going to drop or when it's at or near a peak. I don't hold on to any long-term but will start doing so when I'm a little better off financially.
     
    OldBoi and Scott_pilgrim like this.
  15. alexander1970

    Member

    Joined:
    Nov 8, 2018
    Messages:
    13,178
    Country:
    Austria
    No and no other Cryptocurrencies.....I think...
     
    OldBoi and Scott_pilgrim like this.
  16. Scott_pilgrim

    Scott_pilgrim Unfunny
    Member

    Joined:
    Sep 2, 2020
    Messages:
    1,846
    Country:
    United States
    It's shitty for the environment, and it's the reason me and many others can't get a gpu
     
    OldBoi and WiiMiiSwitch like this.
  17. dAVID_

    dAVID_ Electrician's Apprentice
    Member

    Joined:
    Oct 23, 2016
    Messages:
    1,404
    Country:
    Mexico
    Bitcoin has no practical purpose. If it's privacy you want, then Bitcoin is not the answer, as all transactions on the blockchain are public. The moment you turn your Bitcoin into usable money (e.g. USD), any semblance of privacy is destroyed, as you'll have to declare that income to the IRS or risk hefty fines and/or prison time. If you want to use it as a regular currency (in other words, you're not just buying Bitcoin hoping the price will hike), you'll quickly realize that transactions on the blockchain are painfully slow, with a maximum of seven (7) transactions per second at any given time. This is why Bitcoin transactions take an hour to complete on average.
    Then there are the fees. A $17 fee on any transaction of any amount means that Bitcoin is completely useless for transferring small amounts of money.
    Bitcoin, in its current state, is a burning pile of shit.
     
    Last edited by dAVID_, Mar 11, 2021
    korbinian, Seliph and Scott_pilgrim like this.
  18. Sophie-bear

    Sophie-bear The Coolest Bear Around
    Member

    Joined:
    Jan 4, 2017
    Messages:
    875
    Country:
    United States
    Big agree that mining farms are absolutely toxic. I think retailers need to start assuring that this doesn't happen by limiting orders and requiring some sort of customer verification to limit purchases of high-demand items, especially when supply is as low as it's been.
     
    Scott_pilgrim likes this.
  19. Scott_pilgrim

    Scott_pilgrim Unfunny
    Member

    Joined:
    Sep 2, 2020
    Messages:
    1,846
    Country:
    United States
    So, it destroys the environment, and doesn't even have the privacy benefit
     
  20. Louse

    Louse go play rez
    Member

    Joined:
    Dec 8, 2020
    Messages:
    184
    Country:
    United States
    not yet

    EDIT: i blame my gamer chair
     
    Last edited by Louse, Mar 12, 2021
    Scott_pilgrim likes this.
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