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    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.

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      #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!

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          #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.

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            #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.

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              #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?

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                #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.

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