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Thread: Bitcoin

  1. #301

    Default Re: Bitcoin

    Hard for me not to sell here.

  2.  
  3. #302

    Join Date
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    Default Re: Bitcoin

    (VIDEO) This family bet it all on bitcoin
    https://www.cnbc.com/2017/10/17/this...n-bitcoin.html
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

  4.  
  5. #303

    Join Date
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    Default Re: Bitcoin

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

  6.  
  7. #304

    Join Date
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    Default Re: Bitcoin

    (VIDEO) Bitcoin’s origin story remains shrouded in mystery. Here's why it...
    https://www.cnbc.com/video/2017/10/2...ocurrency.html
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  9. #305

    Default Re: Bitcoin

    A new high for bitcoin on Sunday.

    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. #306

    Default Re: Bitcoin

    A bit of a shock to me...

    Bitcoin Prices Surge as World’s Largest Exchange Owner Opens Bitcoin Futures


    Bitcoin prices surged past $6,000 as news of CME Group, Inc.'s decision to open a bitcoin futures trading. CME is the world's largest exchange owner and its adoption of bitcoin, pending regulatory approval, is a promising move for the cryptocurrency.
    https://futurism.com/bitcoin-prices-...tcoin-futures/
    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.


  12.  
  13. #307

    Join Date
    Jun 2004
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    Boiled Peanut, Georgia, USA
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    76,396

    Default Re: Bitcoin

    I don't BIT because I want to keep my coins.



  14.  
  15. #308

    Default Re: Bitcoin

    Bitcoin hit $7445 last night before pulling back. Bitcoin was basically the sole beneficiary of that announcement regarding the CME futures contracts (see prior posts), and it ran up impressively. At the same time Ethereum and Litecoin went slightly lower. Traders seem to move from one crypto to another lately so if we do see some kind of short-term reversal down in Bitcoin, I'd wouldn't be surprised to see it to go into the others. Just a thought.




    I'm still holding litecoin and while there have been some short-term spikes and dips, it has basically been flat since I bought while bitcoin has soared.
    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.

  16.  
  17. #309

    Join Date
    May 2012
    Location
    Ohio
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    90

    Default Re: Bitcoin

    Does anyone have thoughts on Bitcoin cash? It wasn't really on my radar until the big surge. Planning on dipping my toes into the cryptocurrency world today. Combination of Ethereum, Litecoin and Ripple.

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  19. #310

    Default Re: Bitcoin

    I believe I have 1 bitcoin cash still after the previous fork, but the uncertainty is one reason I might not recommend it. Coinbase does not trade bitcoin cash so if I wanted to sell the one I have, I'd have to create an account on another exchange. Hassle.
    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.

  20.  
  21. #311

    Default Re: Bitcoin

    Bitcoin is up almost 90% since the infamous Jamie Dimon "fraud" comment two months ago.

    Quote Originally Posted by tsptalk View Post
    We'll come back to this post in a few years to see if he was right or wrong...

    JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up


    https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
    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. #312

    Join Date
    Dec 2009
    Location
    On a Florida beach
    Posts
    1,454

    Default Re: Bitcoin

    Nice chart. BC has been going parabolic up this log chart and appears to have more to go to the blowoff top.

    http://spiralcalendar.com/wp-content...111717bit1.jpg

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