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 Post subject: Re: Bitcoin
PostPosted: Fri Nov 03, 2017 4:42 am 
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Over $7,000...prolly due to CME launching bitcoin futures by the end of the year.

https://www.cnbc.com/2017/11/01/bitcoin ... n-etf.html

$7,364 as I write.

Who had guts to buy the dip near $3,000 just six weeks ago?

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 Post subject: Re: Bitcoin
PostPosted: Fri Nov 03, 2017 6:49 am 
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Smoe old dude's fried ball sundae~4-Ever!
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I bought tulips.

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 Post subject: Re: Bitcoin
PostPosted: Fri Nov 03, 2017 9:48 am 
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My cousin bought in around the first go around and forgot about the small percentage of whatever he had left... When it took off, he looked again and the few bucks it was worth was then about $400. He bought in for another $800 and as it rose in value, he's been splitting some of it off buying other online traded "currencies" for pennies. He's done quite well... at least on "paper".
He hasn't cashed anything out just yet but his online "wallet" is worth about 8k last time we spoke. He's been at it maybe 4 months?

He keeps bugging me to jump in. It sounds interesting for sure but I haven't taken the leap just yet.


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 Post subject: Re: Bitcoin
PostPosted: Fri Nov 03, 2017 2:50 pm 
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Smoe old dude's fried ball sundae~4-Ever!
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Tick
Tock

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 Post subject: Re: Bitcoin
PostPosted: Sun Nov 26, 2017 11:29 am 
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$9,232

This is becoming a RIOT.

MARA...Monday...watching for entertainment value only. It was up 172% on Friday!

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 Post subject: Re: Bitcoin
PostPosted: Sun Nov 26, 2017 12:35 pm 
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Smoe old dude's fried ball sundae~4-Ever!
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and...... coming up stealthily from quietude and ready to surprise the WORLD.......




SILVER !!!!!

Image

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 Post subject: Re: Bitcoin
PostPosted: Mon Nov 27, 2017 12:43 am 
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I'm adding the following for my viewing pleasure:

MGTI - 2.23
DPW - .80
GLNNF - 2.20
SRAX - 7.69
GROW - 4.91

GL

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 Post subject: Re: Bitcoin
PostPosted: Tue Nov 28, 2017 4:28 pm 
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GBTC divy record dates...
https://finance.yahoo.com/news/bitcoin- ... 00195.html

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 Post subject: Re: Bitcoin
PostPosted: Tue Nov 28, 2017 6:38 pm 
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Hooray for "Splits in the network" whatever the fuck that means.

:rolleyes:

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 Post subject: Re: Bitcoin
PostPosted: Tue Nov 28, 2017 7:34 pm 
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it's potentially very complex when you combine the underlying technology, which barely anyone understands, with what the exchanges do, which is just about anything.

a hard fork means that one currency is becoming two currencies.
If you own one "Coin A" and it forks, you now own one "Coin A" under coin A ledger rules and one "Coin B" under coin B ledger rules.
In a normal world, the value of the new Coin A + Coin B would be approximately equal to the pre-fork value of Coin A.
However, this is a bubble. So "Coin B" gets its own crazy valuation. And old holders of old "Coin A" who now hold both currencies...benefit.

But it quickly gets complex. Most folks buying and selling this stuff trade through exchanges.
Some of those exchanges let you short the currency. Margin accounts and loans and the like.
Let's say you were short at the date of the fork. If you were short one "Coin A", then you should be obligated to cough up a "Coin B".
But every exchange is doing its own rules. As a short seller of bitcoin, you may or may not be required to cough up that other currency on a hard fork. Depends upon your exchange. If an exchange doesn't require a Coin A holder to cough up a Coin B, there won't be enough B type coins for the folks who hold it long. Where to they come from then? Exchanges can tell little lies, can't they? And then there is a day of reckoning.


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 Post subject: Re: Bitcoin
PostPosted: Tue Nov 28, 2017 7:57 pm 
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Yup. No sense it makes.


Here's the CUPM bitcoin thread ricko began back in February 2014. I know smoe of you don't visit, but it's very interesting going almost four years on....
https://forums.collectors.com/discussio ... itcoins/p1

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 Post subject: Re: Bitcoin
PostPosted: Tue Nov 28, 2017 10:04 pm 
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the only thing people understand about it is "its going up"

lots of folks getting out the straight ruler, applying it to the graph, and making future predictions based on that.


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 Post subject: Re: Bitcoin
PostPosted: Tue Nov 28, 2017 11:24 pm 
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adamlaneus wrote:
the only thing people understand about it is "its going up"

lots of folks getting out the straight ruler, applying it to the graph, and making future predictions based on that.


That never ends well, but hey, it's different this time.... whistle:

Mark your calendar...it just passed $10k...$10,367.77!
blink:

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 Post subject: Re: Bitcoin
PostPosted: Wed Nov 29, 2017 7:58 am 
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I bought in with $200 last week, at the time bitcoin was $8700. :?

I'm a sucker... but, $14k by the first of the year is my wild ass guess.


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 Post subject: Re: Bitcoin
PostPosted: Wed Nov 29, 2017 8:04 am 
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I'm going to laugh my ass off when this house of cards collapses. :twisted:


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 Post subject: Re: Bitcoin
PostPosted: Wed Nov 29, 2017 8:07 am 
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Why is this topic even in the Coin Forum? Calling something a coin doesn't make it so. :roll:


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 Post subject: Re: Bitcoin
PostPosted: Wed Nov 29, 2017 9:48 am 
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BMatt wrote:
I bought in with $200 last week, at the time bitcoin was $8700. :?

I'm a sucker... but, $14k by the first of the year is my wild ass guess.


I appreciate the heads up.
Time to cash out. :)


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 Post subject: Re: Bitcoin
PostPosted: Wed Nov 29, 2017 10:00 am 
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PerryHall wrote:
Why is this topic even in the Coin Forum?


bitgeneral, no...
bitbst, no...
bitwhiner, no...
bitrules, no...
bitsports, no...
bitgirlie, no...
Bitcoin

:twisted:

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 Post subject: Re: Bitcoin
PostPosted: Wed Nov 29, 2017 10:44 am 
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Flatwoods wrote:
BMatt wrote:
I bought in with $200 last week, at the time bitcoin was $8700. :?

I'm a sucker... but, $14k by the first of the year is my wild ass guess.


I appreciate the heads up.
Time to cash out. :)



Probably true. :oops:


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 Post subject: Re: Bitcoin
PostPosted: Wed Nov 29, 2017 1:12 pm 
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I'm going ALL IN if it hits $14,000

I'd hate to miss the top. :lol:

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