• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Bitcoins

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Bitcoins

    I don't know much about them but they are suppose to be rapidly gaining value this last little while.

    Just thinking, go back to last March should have rented the farm out for 70/ac then took all the input money and the rent money and bought bitcoins. Sell the bitcoins now and buy inputs for next spring.

    All hindsight and I am to big of a coward to ever try thing like that.

    #2
    Originally posted by seldomseen View Post
    I don't know much about them but they are suppose to be rapidly gaining value this last little while.

    Just thinking, go back to last March should have rented the farm out for 70/ac then took all the input money and the rent money and bought bitcoins. Sell the bitcoins now and buy inputs for next spring.

    All hindsight and I am to big of a coward to ever try thing like that.
    Jan 1 2017 bit coins where about $1200 cad. today they are $13400 might not have to farm a few years after that.

    Comment


      #3
      Yes would have been better than low pro wheat.

      Comment


        #4
        Watching the bank teller's jaw hit the floor when you ask for a wire to buy Bitcoin. Priceless!

        Comment


          #5
          Who accepts bitcoin? Can you buy a tank of gas or a pizza with it? I guess what I'm asking is...is this currency legal tender...is it a currency at all or is it a collectible item for trading.
          Last edited by sk_wheatking; Nov 29, 2017, 14:16.

          Comment


            #6
            Bitcoin has been getting a relatively free ride. Increasing value while putting a load on the grid and the internet.
            [URL="https://digiconomist.net/bitcoin-energy-consumption"]https://digiconomist.net/bitcoin-energy-consumption[/URL]

            When will the bubble burst and leave all these bitcoin miners with a huge internet bill and nothing much else?
            Take what is good about blockchain and get this bitcoin mining thing straightened out and properly valued
            Last edited by farming101; Nov 29, 2017, 14:44.

            Comment


              #7
              Originally posted by sk_wheatking View Post
              Who accepts bitcoin? Can you buy a tank of gas or a pizza with it? I guess what I'm asking is...is this currency legal tender...is it a currency at all or is it a collectible item for trading.
              Who regulates this?

              Comment


                #8
                [URL="https://www.cryptocoinsnews.com/nasdaq-worlds-second-largest-stock-market-will-enable-bitcoin-futures-trading/"]https://www.cryptocoinsnews.com/nasdaq-worlds-second-largest-stock-market-will-enable-bitcoin-futures-trading/[/URL]

                Bitcoin is Coming to nasdaq

                Comment


                  #9
                  Originally posted by Casered View Post
                  [URL="https://www.cryptocoinsnews.com/nasdaq-worlds-second-largest-stock-market-will-enable-bitcoin-futures-trading/"]https://www.cryptocoinsnews.com/nasdaq-worlds-second-largest-stock-market-will-enable-bitcoin-futures-trading/[/URL]

                  Bitcoin is Coming to nasdaq
                  So some guy started his own currency and it has taken off to this then?

                  Comment


                    #10
                    Oddly enough it had a large drop today.

                    Comment


                      #11
                      So yesterday would have been the day to cash them in. There are opportunity's around us everyday just hard to see them without hindsight.

                      Comment


                        #12
                        Hopefully isn't not some frenzied investment scheme. Like a pyramid scheme, the guys early to the party are the ones that usually do well.

                        I'm not that much of a gambler, work too hard and take enough risk earning the money I have.... maybe that's why I can't get ahead!

                        Comment


                          #13
                          More like a gold rush. Some strike it rich, but more money was usually made selling shovels and picks

                          Comment


                            #14
                            By the time I hear of it or think about boarding.... the train has usually left the station.

                            Comment


                              #15
                              Blockchain is easily the greatest technological advancement since the internet. Some of the most informed individuals would compare what the internet has done for communications to what blockchain technology will do for finance. The future potential of bitcoin and blockchain is unimaginable, we're at 1993 of the internet boom regarding blockchain.

                              https://www.youtube.com/watch?v=l1si5ZWLgy0

                              This is a "intro to bitcoin" by whom many would regard as the worlds leading expert in the field. Definitely worth the time. This sort of thing is going to change agriculture more then anything else in the next 20 years.
                              Last edited by workboots; Nov 29, 2017, 18:02.

                              Comment

                              • Reply to this Thread
                              • Return to Topic List
                              Working...
                              X

                              This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
                              You agree to our and by clicking I agree.