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  1. Hoi

    IBKR's Petterfy says 'lol' to Bitcoin

    It's overpriced indeed, just because it's used for IRA portfolios (the tax return cancels out the premium against real Bitcoins). It will have this premium until the SEC approves a real ETF (may take years, though).
  2. Hoi

    Has anyone turned 5 figures into 7-8 in a few years?

    I can assure you: In the crypto space you need both! Knowledge to understand what/why is undervalued or not, as well as how this value could be unlocked. Balls of steel to handle the volatility.
  3. Hoi

    Has anyone turned 5 figures into 7-8 in a few years?

    I know a lot of them, as well quite a number which will do just that in the coming years. All holders (not traders) in the crypto currency space. But it's not easy, you have to study a lot and have balls of steel.
  4. Hoi

    IBKR's Petterfy says 'lol' to Bitcoin

    This is on my IB tradestation: I have no Swedish quote-subscription (so no Swedish Bitcoin ETN feed). But the American GBTC is tradable (picture taken before exchange open). I'm quite an expert in IB's TWS software (at code level), and know it would be quite an investment for them to...
  5. Hoi

    Bitcoin forks: Money for nothing, sex for free

    Yes, mixed feelings...
  6. Hoi

    Bitcoin forks: Money for nothing, sex for free

    Finally Pekelo has learned something... :) But this: isn't true. The real-Bitcoin supply is still limited to 21mil. What you do get for free is an airdrop of a new free alt-coin with some additional/different features. By the way: it has its costs as well. Which are so high that it will...
  7. Hoi

    BTC ATH tonight! over $5000/btc!

    Exactly... I don't understand what guys like S2007S are doing on a Traders-forum in the first place ?? It is this Elitetraders forum, which made me wealthy! You better take more attention to and be more open minded to opportunities here presented!
  8. Hoi

    Trading on GDAX?

    GDAX is the exchange of Coinbase. If you are an American then it's probably the best (together with Gemini) you can go to. But be aware: customer support will be slow, as they simply cannot handle the exponential grow (1 million new customers in last month is hard to manage).
  9. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    There is a large $10 million buy Order on Bitstamp, waiting at 5188 which didn't get filled yet... price just walks higher.
  10. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    Same happens with Stock-splits if the original $500 stock is split for 10 of $50 each, just the announcement gives the stock a boost..... as after the event the sum of 10 shares will be higher.
  11. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    Point of a fork? Well, to create just another alt-coin with a few different features but in this case no pre-mined start, but a fair distribution among the original investors. Like each alt-coin they have to prove their usefulness in the market (empirical at about 10% - 5% of the original...
  12. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    Yes that's exactly how it works! By default your original Bitcoin (before the split) is in both splits. My Bitcoins from 2013 are currently in Bcash and BTC, and will be in S2X as well. I can cash out any of the 3 when/if I want.
  13. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    In a year time you never know what other hardfork-splits will occur (so with a bet, you should take account of that). For now I see only the November-S2X split.
  14. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    Be sure to specify that the current Bitcoin will be split in at least 2 versions in Nov-2018: the sum of all splits should be above $500 in order to win your bet.
  15. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    See my posts of 2013/2014: I did see $7000 coming, so will hodl a bit longer (can take until the year 2020, but might be much earlier...).
  16. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    Just scanned through old 2014 posts of Peilthetraveler. And found he was more or less pro-Bitcoin and bought through Coinbase some coins...... My guess (but can be wrong) is that he didn't do that for the right reasons, burned his fingers in the down years 2015/2016, and missed the whole run up...
  17. Hoi

    39 year old plans to sell everything he owns to buy bitcoin.

    I'm more than 4 years in this Bitcoin-scene, and know quite a few (including myself) who care for other reasons. I will take your bet with pleasure! PM me your conditions and escrow service. Put your money were your mouth is. (By the way: I'm Dutch and yes we like flowers).
  18. Hoi

    How to trade the upcoming bitcoin forks?

    The costs as well as the profits are very well explained by Jimmy Song in this video (starts at 6 minutes):
  19. Hoi

    This coin I heard about called USD

    You forgot the most important property to be the "main": it's the most safe and secure, because it has by far the most number of Accountants (mining power and nodes) and smartest Developers. Cryptocurrencies are in a constant and never ending war. Every moment attacked by hackers from the...
  20. Hoi

    The stock which you intend to keep your entire life.

    Sure: VHS, is just replaced by new hardware. But with Bitcoin we are talking Software! It's programmable money, so very easy (compared to hardware standards like VHS) to modify and innovate and keep it up-to-date (even state-of-the-art).
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