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Posted

Yes.

It's a profit of $1625, a return of 162.5% on your $1000.

edit: phone typing

Would you say it's too late to already buy some? The price seems to keep going up. I think the best time was when you said it was at $200.

Don't forget you have to pay taxes on your return. Still good profit though.

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Posted

Yes.

It's a profit of $1625, a return of 162.5% on your $1000.

edit: phone typing

Would you say it's too late to already buy some? The price seems to keep going up. I think the best time was when you said it was at $200.

Well, "too late" is a relative term. Too late to profit as well as Ram did, yes. Too late to profit at all? Probably not, although you've got almost 3x the investment amount to make now. Things will probably slow down in a week or so, but they'll keep on rising. The longer you wait the higher they go.

I own 18 bitcoins. I dont know if I should sell though. Seems too good to be true.

Hold them. Unless you need to level your investment cash, keep them all. When you start selling you will want to pay attention. But hold onto them for now.

Add www.preev.com to your bookmarks, as well as www.bitstamp.net. Face to face exchanges are best however.

Also, congratulations on having the balls to take the advice of some guy on the internet. It looks like you're the only one that took the risk, besides me. You may very well be a future fellow millionaire, and I mean it.

Posted

Facekicker, the one website says you have to make account with them, and that stores bitcoins.

I thought that you had to create a "wallet" of some sort, like a file on your computer. Am I mistaken?

 

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On 10/3/2013 at 10:00 AM, ROLEXrifleman said:

Anyone who says they knew everything they wanted out of life at 19 can go suck a bag of dicks cause they are lying to themselves or brought up in a cult.

Posted

Do you store them on your computer or on a online site?

i had them on my computer in an encrypted wallet. and stored in certain online backup accounts.

had them in coinbase for a few days til i decided to sell...which i should've fucking waited to do LOL. still kicking myself for selling too early (like two weeks ago...)

Posted

Do you store them on your computer or on a online site?

i had them on my computer in an encrypted wallet. and stored in certain online backup accounts.

had them in coinbase for a few days til i decided to sell...which i should've fucking waited to do LOL. still kicking myself for selling too early (like two weeks ago...)

What method did you use to make a wallet. All the ones I have been reading were way over my head. Plus how would you transfer from the site to your wallet?

 

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On 10/3/2013 at 10:00 AM, ROLEXrifleman said:

Anyone who says they knew everything they wanted out of life at 19 can go suck a bag of dicks cause they are lying to themselves or brought up in a cult.

Posted

Yeah Kranny they're only going to go up from here, they spiked well over 750 earlier, at about $660 now.

Dubin, basically you can only store them in one place, it's not like PayPal where you can send anything from anywhere.

You have to create a wallet you kind of consider your master, on a secure computer usually a home PC. You can't access the BTC stored here unless you're actually at the machine. You send BTC to the exchange, and then you have it stored there. Coinbase is a good site too I actually meant to add that into my post.

Or to spend it, you would send it to a mobile wallet. It's just like a real wallet though, lose your phone or break it totally fubar, and you lose the BTC you had stored on it.

There are web wallets you can use to make accessing your coins a little easier, but they have all had a security issue or quirk here and there, and I've yet to use them.

So far it's been bitstamp or coinbase for me and its been safe and easy.

Posted

Do you store them on your computer or on a online site?

i had them on my computer in an encrypted wallet. and stored in certain online backup accounts.

had them in coinbase for a few days til i decided to sell...which i should've fucking waited to do LOL. still kicking myself for selling too early (like two weeks ago...)

What method did you use to make a wallet. All the ones I have been reading were way over my head. Plus how would you transfer from the site to your wallet?

http://bitcoin.org/en/download

Go there.

Download it, install it.

Once it runs, go to the receive tab

meanwhile it will be connecting to the BTC network and begin downloading block information

Click "New Address"

Congratulations, you've got a BTC wallet and an address that is tied to that machine!

You can then click on the address it generated and save the QR code for easy payment

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