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Thread: Bitcoin

  1. #205

    Default Re: Bitcoin

    GBTC hit $600 today and GAHC is up 13% on the day.

    My fear now for btc is (since I'm out), anyone who may have been concerned about the fork, has probably already sold. Now everyone's waiting for a pullback to buy, so we'll wait, and wait, and...

    Ether hit $290 last night where I was planning on buying but I didn't have a limit order in and missed it. At least it's not running away like btc.

    My only holding now is GAHC but no major holding (60K shares which is only about $1600 worth.)
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  3. #206

    Default Re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    GBTC hit $600 today and GAHC is up 13% on the day.
    GBTC is $609.75 as I type!

    Feeling good Lewis!

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  5. #207

    Default Re: Bitcoin

    Way to go Vintage! But be careful. The gaps seem to get filled here, like most charts...

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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  7. #208

    Default Re: Bitcoin

    Sold GBTC at $615. Couldn't stand it. Had too much money made.

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  9. #209

    Default Re: Bitcoin

    GAHC is now up 35% today. The wild ride continues.


    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  11. #210

    Default Re: Bitcoin

    BTC is now $3800! ETH at $318. BTC is all time high. ETH is quite a ways away yet.

    Does this mean BCH (the new bitcoin) isn't going to make it? or will they both be around?
    100 G
    RSI - Relative Strength Indicator DMA - day moving average

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  13. #211

    Default Re: Bitcoin

    It hit $4000 briefly on coindesk.com this morning...

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  15. #212

    Default Re: Bitcoin

    Bitcoin hit $4300 today. GBTC closed at $740. Just amazing.

    CNBC's Fast Money is having a "Bitcoin Week" this week. Does that sound like a red flag?
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  17. #213

    Join Date
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    Default Re: Bitcoin

    Goldman Sachs says bitcoin may rise about $500 more, before losing half its value
    https://www.cnbc.com/2017/08/14/gold...-500-more.html

    • "Goldman Sachs' chart analyst Sheba Jafari said in a Sunday report that bitcoin could reach $4,827, about $500 more than Monday's record high above $4,300.
    • Once bitcoin hits that level, Jafari estimates it could drop as far as $2,221.
    • That said, bitcoin will need to fall under $2,935 "to signal that a top is already in place," the report said.

    ..."
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  19. #214

    Join Date
    Jan 2014
    Posts
    7,885
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    10

    Default Re: Bitcoin

    After calling latest surge above $4,000, Standpoint's Ronnie Moas raises bitcoin forecast to $7,500
    https://www.cnbc.com/2017/08/14/stan...t-to-7500.html

    • "The stock researcher issued a $5,000 price target on bitcoin in late July, and raised that by $2,500 on Monday after the digital currency's surge to a record high over the weekend.
    • Moas expects the market value of digital currencies to jump from around $140 billion to $2 trillion, and bitcoin to rise alongside that increase.
    • Moas said he never held any of the stocks he issued reports on, but now all of his investments are in digital currencies."
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  21. #215

    Default Re: Bitcoin

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  22.  
  23. #216

    Default Re: Bitcoin

    Quote Originally Posted by userque View Post
    Goldman Sachs says bitcoin may rise about $500 more, before losing half its value


    ..."
    That's some specific analysis.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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