The Bitcoin Thread

[I.am.Sam]

so you buy few R1000 today and sell next week

is it easy to buy ?

is it easy to sell ?

will i make some money easily ?

 

[Archer]

so you buy few R1000 today and sell next week

is it easy to buy ?

is it easy to sell ?

will i make some money easily ?

I bought last night (only R2500)... value is R3000 now :wtf:
Just register on Luno, deposit and buy. My deposit took 5 minutes to register even though I made the EFT at like 20h00 last night

edit: might be because I verified some of my details already

 

[I.am.Sam]

I bought last night (only R2500)... value is R3000 now :wtf:
Just register on Luno, deposit and buy. My deposit took 5 minutes to register even though I made the EFT at like 20h00 last night

edit: might be because I verified some of my details already

and if you sell, is it easy to sell ?

does like anyone buy it or it gets bought back by some system ?

i also want to try small amounts

 

[Gtx Gaming]

we heading for 50k guys!!!

 

[Thor]

BTC as it grows the critics whisper softer and softer

 

[The_Ogre]

Where do you get the price of R50k GTX? I've looked a couple of places and its at just over R34k now

 

[akescpt]

BTC as it grows the critics whisper softer and softer

still very niche though. like all of them. wondering when it will be "mainstream".

 

[The_Ogre]

still very niche though. like all of them. wondering when it will be "mainstream".

Short summary here, even though I've focused on eth only https://mybroadband.co.za/vb/showthread.php/890220-Crypto-currency-bubble

 

[Ianf1]

46 000 on luno now. I bought R500 worth yesterday and already up 20%.

 

[CTBP]

More miners ordered, let the riches flow! muhahaha :twisted:

 

[The_Ogre]

Luno, what's up with your certificate:

Your connection is not private

Attackers might be trying to steal your information from www.luno.co.za (for example, passwords, messages or credit cards). NET::ERR_CERT_AUTHORITY_INVALID

 

[jacosmit]

That was just before 9. I see it's almost R34k already.

 

[Thor]

Luno, what's up with your certificate:

Yea get constant issues with them and their certificates especially the app.

 

[GreGorGy]

Why is Luno saying BTC/ZAR 46 749 while the rest of the sane world says 33 529

 

[I.am.Sam]

Luno, what's up with your certificate:

its luno.com

 

[etienne_marais]

Google says 34187

This exchange says 43899 : https://ice3x.com/

$2599 according to https://price.bitcoin.com/ (2599 * 12.89 = 33501)

 

[Thor]

Google says 34187

This exchange says 43899 : https://ice3x.com/

Here is an explanation why if anyone is interested. By the pw resident expert https://platinumwealth.co.za/forum/Thread-The-Bitcoin-thread?pid=3673#pid3673

 

[etienne_marais]

Here is an explanation why if anyone is interested. By the pw resident expert https://platinumwealth.co.za/forum/Thread-The-Bitcoin-thread?pid=3673#pid3673

Spoiler:

When you do a price check on Google, it simply takes the USD price, and then does a conversion on what that would be in Rand based on the current USD/ZAR exchange rate.

Google is not going to any S.A. exchanges to look for the buy / sell prices or latest trade price.

The bitcoin exchanges in S.A. dont price bitcoin on what the USD price is in Rand, it is based on supply and demand, like any market. So if there is very high demand for bitcoin locally, then the price will go up as traders will increase their prices.

Doing a Google search for the price is a little misleading, kind of like when you do a Google conversion for USD to Rand, and then expect to get that rate at a bank when you exchange your USD, which wont happen.

Thanks for asking Hamster

 

[etienne_marais]

So the bubble is local ? That can be even more risky ?

 

[CTBP]

So the bubble is local ? That can be even more risky ?

I don't think this bubble is going anywhere soon, regular people in SA are slowly waking up and throwing money at bitcoin.