. I am not into buying those ASICs machines though unless it is DIY 
Topic: AUD is falling! lucky I have bitcoin (Read 2230 times)
Well, I had a more modest 5 figure payout, but it was quite fun then when we built Bitcoin rigs. With the difficulty now, it is getting harder and harder to use DIY Rigs . I am not into buying those ASICs machines though unless it is DIY
. I am not into buying those ASICs machines though unless it is DIY 
95% of my savings is in BTC and 5% AUD 
Respect.
I always have respect for those with the guts to put their money where their mouth is. I did the same and rode it all the way to a six figure payout.
That is where Liquid uses his 5% AU I guess? To pay for that Com.AU which is quite expensive! 
95% of my savings is in BTC and 5% AUD
That's funny considering your signature.
95% of my savings is in BTC and 5% AUD
I am hoping with the roll out of the NBN that the next big thing will be with new technologies.
The completion of the NBN will finally bring Australia into the 1990's.
The NBN is biggest crock of shit ever known to man. It is not going to be fully rolled out until 2023. BRAVO. NOT.
They tried to switch it on for a big media release the other week in Sydney and it didn't even work.
I live 7km from the Adelaide CBD and we are not even on the 3 year roadmap for the NBN. What a complete joke.
They tried to switch it on for a big media release the other week in Sydney and it didn't even work.
I live 7km from the Adelaide CBD and we are not even on the 3 year roadmap for the NBN. What a complete joke.
By the time the NGN is ready, I guess there is no need for fiber , the speed at which those guys do things....
, the speed at which those guys do things....
The Aussie had broken parity with the USD sometime back. Interest rates are also falling. Commodities are basically down with only Jim Rogers still bullish about it. I feel that it is time to diversify into more industries. Too much dependency on raw materials will cause great problems when China's economy starts to slow down. But Bitcoin can hardly replace the Aussie, at least for the near future.
I bought a lot of USD when AUD was strong against it.... then I used it to buy BTC too!
For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.
For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.
Where can I find details on the Sydney bitcoin group?
https://www.facebook.com/pages/Bitcoin-Sydney-Australia/457681220943285
Post on there to register your interest. The meetup will be in a few weeks time. There has been a lot of interest so spread the word.
Thanks Seal, unfortunately I am not on Facebook.
Edit: Spelling
Post in here: https://bitcointalksearch.org/topic/sydney-bitcoin-community-108904
I'll get something going and update it.
I bought a lot of USD when AUD was strong against it.... then I used it to buy BTC too!
For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.
For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.
Where can I find details on the Sydney bitcoin group?
https://www.facebook.com/pages/Bitcoin-Sydney-Australia/457681220943285
Post on there to register your interest. The meetup will be in a few weeks time. There has been a lot of interest so spread the word.
Gahhhhhhhhh yeah you are right - I was saying it the wrong way round. Either way, back in '06 I got screwed on the exchange rate (relatively speaking)
^^^ Nope, the other way round champ - in 2006 it was $0.74AUD to US$1
Nope you're the one who has it the wrong way around. $0.74 AUD to USD $1 is a STRONG Aussie dollar.
You're clearly remembering $0.74 USD per $1 AUD which is a WEAK Aussie dollar. eg. your $30,000 AUD would have bought you about $22,500 USD.
Feel for the poor guy who bought a pizza for 10,000Btc several years ago - he would be a millionaire now. Or feel worse for the chump who got the 10,000Btc for the pizza and probably gave it away or sold it for next to nothing.
I bought a lot of USD when AUD was strong against it.... then I used it to buy BTC too!
For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.
For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.
^^^ Nope, the other way round champ - in 2006 it was $0.74AUD to US$1 (I would know - I holidayed in the USA for a month in 2006 and spent A$30,000 on the trip!). But yes, you are correct - the dollar is currently still quite strong. At Uni (College) here in Adelaide we were taught that the fundamental basis of the A$ (which was only floated in the 1990's), is around US75c - that is the sweet spot for out imports/exports. I also remember when the A$ completely crashed and only bought about US55c!!
AUD down?
0.9651 AUD to 1.0 USD last month
1.02 AUD to 1.0 USD
the AUD is strong
AUD down?
0.9651 AUD to 1.0 USD last month
1.02 AUD to 1.0 USD
AUD down?
please, do not watch the "Italian situation" or you will laugh a lot 
EDIT: ...and i was thinking to fly away from here, maybe in australia
EDIT: ...and i was thinking to fly away from here, maybe in australia
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