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Thread: Bitcoin

  1. #25

    Default re: Bitcoin

    Dang! I bought a 2nd coin over the weekend when it went into the mid-800's. Wild bugger.

    Then I decided to set up a weekly auto-buy of $20 worth just so I can accumulate and not try to time it. That's with coinbase.com.
    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. #26

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,999

    Default re: Bitcoin

    China, blame China on their auditing on BITCOIN.

    China runs checks on Bitcoin exchanges | ZDNet

    China runs checks on Bitcoin exchanges

    Country's central bank carries out inspection on major Bitcoin exchanges in Beijing and Shanghai, triggering a dip in the digital currency's value.

    By Eileen Yu for By The Way | January 12, 2017
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position

  4.  
  5. #27

    Default re: Bitcoin

    Just an FYI for anyone looking into buying bitcoin...

    Quote Originally Posted by tsptalk View Post
    Then I decided to set up a weekly auto-buy of $20 worth just so I can accumulate and not try to time it. That's with coinbase.com.

    Coinbase Obtains the Bitlicense


    https://blog.coinbase.com/coinbase-o...d75#.l7e97uybe
    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.


  6.  
  7. #28

    Default re: Bitcoin

    Bitcoin just hit $1000 again - first time in a month.
    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. #29

    Default re: Bitcoin

    $1,174
    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. #30

    Default re: Bitcoin

    I am personally buying Bitcoin stocks. Most are penny stocks. But they are all running up because on March 11 the SEC will decide whether or not to give approval for a Bitcoin ETF to start trading. That's the reason Bitcoin is surging as well.

    While researching these stocks I learned all about Blockchain. (The thing that makes Bitcoin work) Come to find out, Blockchain can be used for everything. Including elections. There is HUGE potential for Blockchain Technology.
    The only stock I could find that looks worth buying is GAHC. Anyone interested in this technology may want to do some DD on GAHC. I bought a small amount to hold long term. I think it has huge potential.
    Anyway. Im not pumping here. lol Just wanted to share my find.

  12.  
  13. #31

    Default re: Bitcoin

    Good info. Thanks!

    Wow, a true "penny" stock.
    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.

  14.  
  15. #32

    Default re: Bitcoin

    Quote Originally Posted by 1965Vintage View Post
    I am personally buying Bitcoin stocks. Most are penny stocks. But they are all running up because on March 11 the SEC will decide whether or not to give approval for a Bitcoin ETF to start trading. That's the reason Bitcoin is surging as well.

    While researching these stocks I learned all about Blockchain. (The thing that makes Bitcoin work) Come to find out, Blockchain can be used for everything. Including elections. There is HUGE potential for Blockchain Technology.
    The only stock I could find that looks worth buying is GAHC. Anyone interested in this technology may want to do some DD on GAHC. I bought a small amount to hold long term. I think it has huge potential.
    Anyway. Im not pumping here. lol Just wanted to share my find.
    lol buy at .01 wait till it hit $10 you looking at a diamond mine, no one will calll you crazy then!

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  17. #33

    Default re: Bitcoin

    Bitcoin moved above $1660 this morning before pulling back into the $1500's again. It's now up over 60% this year alone.
    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.

  18.  
  19. #34

    Join Date
    Oct 2010
    Location
    Aiea, Hawaii
    Posts
    1,122

    Default re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    Bitcoin moved above $1660 this morning before pulling back into the $1500's again. It's now up over 60% this year alone.
    WHY!?!?!
    How can 1 Bitcoin be worth that much? I really don't get it at all. Even 1 share of TESLA is only worth $320!!
    There are 10 types of people in the world. Those who know binary, and those that don't!!
    Retired on December 31, 2018!!

  20.  
  21. #35

    Default re: Bitcoin

    I guess it is like saying how can the dollar be worth so much when they just keep printing? Unlike gold, Bitcoin has no physical properties , but like gold, silver, and other commodities, it is limited. There will only be a certain amount of bit coins once they are all mined. The value is based on the trust of those who use it to be a viable currency, as the dollar is now, which is basically paper.
    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. #36

    Default re: Bitcoin

    Another cryptocurrency is Ethereum, which has actually been outperforming bitcoin this year. It was $8 and change to start the year and today it was flirting with $100.

    Ethereum Price - CoinDesk
    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.


  24.  
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