OK. I am sure someone on this MB can answer that. How about that test?
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.
OK. I am sure someone on this MB can answer that. How about that test?
I'm not smart enough to answer that, but this is from the article you sent.
Or you can ask some of the merchants who now accept it including Microsoft, Bloomberg, Subway, Dell, Whole Foods, to name a few.BREAKING DOWN 'SegWit (Segregated Witness)'The bitcoin blockchain consists of multiple systems distributed across a peer-to-peer network. These systems are called nodes and serve as the administrators of Bitcoin transactions. All transactions made in Bitcoin are duplicated across these nodes, making it virtually impossible to hack into and corrupt a transaction.
https://99bitcoins.com/who-accepts-b...take-bitcoins/
I'll sent the 300,000,000 bitcoin to you as soon as they're mined. There's only about 16M bitcoin in circulation now and it won't reach it's maximum (21M) for another 100 years. So you may have to wait a while.
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.
There are 10 types of people in the world. Those who know binary, and those that don't!!
Retired on December 31, 2018!!
I certainly wouldn't call it a bargain since it is still up over 50% for the month, but bitcoin has fallen from its frenzy high this week of about $2800, down near $1900 this morning (currently back up to $2130.)
I have to admit that I nearly pulled the trigger to sell most of mine when it hit $2700 (I'm in under $1000), but I talked myself out of it. I told myself when I bought that I was going to be in this for the long-term, which is not my investment / trading nature, and so I fought the urge to take profits and try to buy it back cheaper. Yup, that would have worked, but I'm glad I stuck with my plan (psychologically, not monetarily).
Anyway, to occupy my mind I ended up buying a couple of Ethereum ($155), which is cheap by comparison and also down about 25% from its recent high. Etherium is different than bitcoin in many ways, but it is a crypto currency that has potential as well.
By the way, if any of you have been considering but haven't pulled the trigger yet, did you know that you don't have to buy a full coin? You can buy a dollar amount of bitcoin, $100 worth for example, and then you would just own a fraction of a bitcoin (0.04865885 depending on the current price).
Have a great weekend!
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.
I use coin base as my wallet and love their trading platform GDAX.
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.
Bitcoin is outperforming major assets but hedge funds are still staying away from the cryptocurrency
One hedge fund veteran told CNBC that the industry doesn't "know enough about it".
http://finance.yahoo.com/r/f3238d4f-...ahoo&.tsrc=rss
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.
$2940 this morning and climbing. When $3,000 hits I believe the panic buying will start as those on the sidelines don't wan't to be left out.
It will be interesting to see what the IRS tells Congress tomorrow and what, if any short term effect it will have on Bitcoin.
The IRS is Due to Present its Digital Currency Strategy to Congress Next Week - CoinDesk
Last edited by 1965Vintage; 06-06-2017 at 08:00 AM.
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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