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SGcrypto

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OFFICIAL CRYPTOCURRENCY CHIT CHAT
« on: December 15, 2017, 05:23:09 pm »
Guess your know how these cryptos have run up since 2017. anyone brought bitcoin?

For beginners, its good to join those telegram chat to get started
https://t.me/joinchat/Ej9UuQmVbLzZAu0oFe9LGA

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SGcrypto

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Re: OFFICIAL CRYPTOCURRENCY CHIT CHAT
« Reply #1 on: December 31, 2017, 07:37:25 pm »
http://cryptonomysg.com/

here's a guide for your if your wanna start

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MariaSharpie

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Re: OFFICIAL CRYPTOCURRENCY CHIT CHAT
« Reply #2 on: January 01, 2018, 02:17:31 pm »
If You Had Purchased $100 of Bitcoin in 2011..............
 
Robert Arnott said it best, "In investing, what is comfortable is rarely profitable." The decentralized, peer-to-peer cryptocurrency system called bitcoin puts this claim to the test. The following is how you would have fared throughout the years if you had bought $100 worth of bitcoin back in 2011.

2011: Off to a Good Start
For purposes of this comparison over time, the bitcoin market value prices from the CoinDesk Bitcoin Price Index are used, and no fees or additional transactions are assumed, for the sake of simplicity. By buying $100 in bitcoins on Jan. 1, 2011, you would have benefited from a low market value of 30 cents per bitcoin and received a total of 333.33 bitcoins for your initial purchase.

Since bitcoin traded at 6 cents for most of 2010, you would have timed your initial purchase right. In this first year, you would have had your first taste of the cryptocurrency's high volatility. For a brief moment on June 8, 2011, bitcoin hit a high of $31.91, making the paper value of your investment a cool $10,636.56. By December 31, 2011, bitcoin was trading at $4.72, so you would have turned your $100 into $1,573.32.

2012: Steady Increase
The first day of 2012 would have welcomed you with a closing price of $5.27, bumping up your investment to $1,756.65. Throughout the first quarter of 2012, the price of bitcoin dipped below the $5 mark. It started appreciating again in May 2012, and closed at $13.51 on December 31, 2012.

Your current investment would have stood at $4,503.29. In 2012, few businesses accepted bitcoin as a form of payment. For example, bitcoin payment processor BitPay only had 1,000 businesses using its platform. One of those businesses was Utah-based Bees Brothers, so you could have purchased 450 half-pound bags of honey roasted almonds for your friends and family.


Read more at https://www.investopedia.com/articles/investing/123015/if-you-had-purchased-100-bitcoins-2011.asp

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SGcrypto

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Re: OFFICIAL CRYPTOCURRENCY CHIT CHAT
« Reply #3 on: January 14, 2018, 10:44:42 pm »
can join this telegram

https://t.me/cryptonomysg

MOVED: Singapore Bitcoin, Ethereum and other Crypto Telegram chat group

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Haggard looking auntie carbs up on the bus whilst chit-chatting......

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