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Thread: Bitcoin

  1. #505

    Default Re: Bitcoin

    Remember them:

    This family bet it all on bitcoin
    https://www.cnbc.com/2017/10/17/this...n-bitcoin.html

    As best as I can tell, they are still hodling. They didn't sell.
    "In the land of idiots, the moron is King."--Unknown

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  3. #506

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,899

    Default Re: Bitcoin

    Bitcoin Crash Brings GPU Price Cuts For Gamers Ahead Of NVIDIA GeForce GTX 11 Turing Launch
    https://hothardware.com/news/bitcoin-crash-gpu-price-cuts-ahead-nvidia-geforce-gtx-11-turing-launch

    It's been a tough year for gamers who needed to upgrade their GPU, but were stopped dead in their tracks by inflated price tags and a general shortage on most mid-range and high-end graphics cards. Thankfully, that is mostly in the rear view mirror. One of the reasons why is because Bitcoin and other cryptocurrencies have become less profitable to mine, and subsequently plummeted in value.


    Consider that Bitcoin was trading for nearly $10,000 in parts of April and May. Before that, it had approached $20,000 and had investors talking about an eventual $50,000 or even $100,000 value on the horizon. Instead, it came crashing down is fast approaching a less-than-$5000 trading price (it's currently at $6,171 and falling). Sure, it might rebound at some point, but for there is some relief for gamers.

    Read more at https://hothardware.com/news/bitcoin...sYOfZoyCcfy.99
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund

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  5. #507

    Default Re: Bitcoin

    Finally a little life in bitcoin...


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  7. #508

    Default Re: Bitcoin

    Big rally in bitcoin hitting make or break area...


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  9. #509

    Default Re: Bitcoin

    I've been holding onto 1 bitcoin and just sold it this morning. On my last "trade" I had bought 2 near $9914 and sold one when it dipped into the $9300 area. Held one that was obviously pounded below $6000 recently, so I am taking this spike higher as an opportunity to sell. $8229.

    I hate when trades turn into buy and holds.




    I still have several Ethereum and that's still a hold since that one got away from me too and I am way under water on my last purchase at $738. Currently $476.

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  11. #510

    Join Date
    May 2011
    Location
    Hawaii
    Posts
    1,177
    Blog Entries
    6

    Default Re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    I've been holding onto 1 bitcoin and just sold it this morning. On my last "trade" I had bought 2 near $9914 and sold one when it dipped into the $9300 area. Held one that was obviously pounded below $6000 recently, so I am taking this spike higher as an opportunity to sell. $8229.
    Will you consider buying Bitcoin again, or are you off the ride for good?

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  13. #511

    Join Date
    Oct 2010
    Location
    Aiea, Hawaii
    Posts
    967

    Default Re: Bitcoin

    Quote Originally Posted by bmneveu View Post
    (TSPtalk), Will you consider buying Bitcoin again, or are you off the ride for good?
    And along with that question, why did you sell just as it starts to climb? I am still underwater with GBTC, but I sure don't want to sell now if I can avoid it.
    There are 10 types of people in the world. Those who know binary, and those that don't!!
    Retirement date: December 31, 2018!!

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  15. #512

    Default Re: Bitcoin

    Quote Originally Posted by bmneveu View Post
    Will you consider buying Bitcoin again, or are you off the ride for good?
    I will definitely buy it again. I just saw too many big rallies where I froze, only to see the gain evaporate. Look how similar the pattern is to the one prior. This may indicate another push higher in a couple of days, so I'm thinking about that.




    It's just easier to think straight once I was flat. Now I'll be looking for an opportunity.

    By the way I sold a lot GBTC today but kept the shares I have in my IRA. I plan to buy it back again as well. When, is the question.

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  17. #513

    Default Re: Bitcoin

    Winklevoss twins bitcoin ETF rejected by SEC

    https://www.cnbc.com/2018/07/26/wink...ed-by-sec.html

    The Securities and Exchange Commission rejected a proposal by Cameron and Tyler Winklevoss, founders of crypto exchange Gemini, for the first-ever cryptocurrency ETF.


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  19. #514

    Default Re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    I will definitely buy it again.
    That news about the Winklevoss ETF just got my limit order filled at $7884.

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  21. #515

    Default Re: Bitcoin

    Today's low would be a good place for bitcoin to hold... 7777 was the June high that it recently broke above. Old resistance = new support?


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  23. #516

    Default Re: Bitcoin

    Ouch! That's the extent of my analysis.




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