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Thread: Bitcoin

  1. #217

    Default Re: Bitcoin

    Bitcoin Cash is quietly coming back. It's almost tripled in the last 2 weeks.



    I'm still trying to figure out where to sell it. Coinbase doesn't process it yet.
    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.

  2.  
  3. #218

    Join Date
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    Default Re: Bitcoin

    Cash is useless in Venezuela thanks to hyperinflation — so people are turning to bitcoin
    https://www.cnbc.com/2017/08/24/bitc...inflation.html

    • To survive Venezuela's hyperinflation, many have taken to mining bitcoin to afford basic necessities, according to the Atlantic
    • It is also made affordable due to the low cost of power in the country's heavily-subsidized electricity market
    • Bitcoin miners can make as much as $500 a month, which is enough to afford things such as baby diapers and insulin from overseas
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  5. #219

    Default Re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    Bitcoin Cash is quietly coming back. It's almost tripled in the last 2 weeks.



    I'm still trying to figure out where to sell it. Coinbase doesn't process it yet.
    So you plan on selling bch and keeping btc?


    Sent from my iPhone using TSP Talk Forums
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    RSI - Relative Strength Indicator DMA - day moving average

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  7. #220

    Default Re: Bitcoin

    Quote Originally Posted by clester View Post
    So you plan on selling bch and keeping btc?
    Eventually (sell bch). I'm still pretty active trading btc and ether, and just holding that bch to either eventually spend, or until coinbase starts processing it.

    I guess I can find another place that will buy the bch, but I'm not that motivated to do so, and it forces me to be a buy and holder for once.
    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.

  8.  
  9. #221

    Default Re: Bitcoin

    The cryptos are rallying again. They seem to react like gold or other safe havens during market turmoil, which is interesting and a little curious.
    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.

  10.  
  11. #222

    Default Re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    The cryptos are rallying again. They seem to react like gold or other safe havens during market turmoil, which is interesting and a little curious.
    I noticed that too. Some people say it is like gold because of limited supply. I want to buy more but it just keeps going up. Guess I should just dollar cost average into it.


    Sent from my iPhone using TSP Talk Forums
    100 G
    RSI - Relative Strength Indicator DMA - day moving average

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  13. #223

    Default Re: Bitcoin

    Boom! Nice day for the future of money.

    I loaded the boat on GAHC yesterday and today.

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  15. #224

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    Default Re: Bitcoin

    Litecoin hits a record high and is up nearly 1,400 percent this year
    https://www.cnbc.com/2017/08/29/litc...cord-high.html

    • Litecoin hit a record high of $64.2 on Monday and has rallied 1,400 percent since the start of the year
    • Differences between bitcoin include speed of transactions, size of supply, and use case
    • Litecoin creator Charlie Lee says that he sees the cryptocurrency being used for purchases whereas bitcoin is more a store of value
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  17. #225

    Default Re: Bitcoin

    Yeah, litecoin was boring everyone for months until... boom! Those cup and handle formations have worked well on cryptos.

    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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  19. #226

    Default Re: Bitcoin

    Just hit an all time high of $4800 and still climbing. My bet it it gets over $5000 this weekend and never looks back. The word is starting to hit mainstreet. People are talking at parties and gatherings. Word is spreading. The people who are taking the time to research Bitcoin soon see the amazing potential to change the world forever. This can't be stopped by governments or the central banks. Nothing can stop this.

    This is just getting started too. The people who are calling bubble a at $4000 will be buying at $10,000.

    Opportunities like this only come around once in a lifetime....... if you are lucky.

    I am so lucky I stumbled onto it last year and spent a lot of time reading and learning about it. I could have easily blew it off, but luckily I saw the light!

    I stick by my prediction of $10,000 by sometime in October. Am I crazy? We shall see!

  20.  
  21. #227

    Default Re: Bitcoin

    Quote Originally Posted by 1965Vintage View Post
    Just hit an all time high of $4800 and still climbing. My bet it it gets over $5000 this weekend and never looks back. The word is starting to hit mainstreet. People are talking at parties and gatherings. Word is spreading. The people who are taking the time to research Bitcoin soon see the amazing potential to change the world forever. This can't be stopped by governments or the central banks. Nothing can stop this.

    This is just getting started too. The people who are calling bubble a at $4000 will be buying at $10,000.

    Opportunities like this only come around once in a lifetime....... if you are lucky.

    I am so lucky I stumbled onto it last year and spent a lot of time reading and learning about it. I could have easily blew it off, but luckily I saw the light!

    I stick by my prediction of $10,000 by sometime in October. Am I crazy? We shall see!
    You may be right. All the cryptos are nearing overbought via RSI that's almost 80. We should see at least a short term pullback soon and I'll be looking to buy. It is a little scary looking at the chart going straight up exponentially


    Sent from my iPhone using TSP Talk Forums
    100 G
    RSI - Relative Strength Indicator DMA - day moving average

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  23. #228

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    Default Re: Bitcoin

    GBTC had quite a volatile week or two.

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