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That's cool. We're never going to meet eye-to-eye because you don't see bitcoin as an investment class that is a store of value and can function as a currency. I should have compared it to another investment asset that can function as a currency which is gold but point is beaten to death. Good...

Don't put words in my mouth. I compared it to stock certificates which you cannot spend but never said it's the greatest medium invented. I do think bitcoin (actually more like cryptos as my crypto portfolio is very little btc) is great for store of value When cashing out for $, it is the same...

Guys in here are having too much fun when btc is going down. It's good you guys are enjoying this, but a reminder that you can make lots of $$$ if you wish to take advantage by shorting the CME or CBOE futures.:D And is it too much to ask to leave the personal attacks (i.e. "idiots")? Probably...

That's good, Pekelo. It's called the $ and it is widely accepted, unfortunately, as a form of digital currency, the $ does not work well on the internet. The missing part is the trust as any other form of payment outside of cryptos need to go through a centralized institution and the...

For the guys who are shorting, Dollar Cost Average is the best move right now. No worries. This is a dead cat bounce.

I was just asking a question, you could have said gold or something else. Don't worry about the short term value of btc, too much. It's done this many times in the past.

I'm not trying to convince you of bitcoin, but it is backed by the highest amount of computational power in the world. Just a question (which I'm borrowing from somewhere): If you were creating a digital global currency, one that would be trusted by everyone, what would you possibly back it...

A good trader knows his limits. I made and lost money in options and good thing I have nice and stable job :D Good trading to you.

There are CME futures on bitcoin, so there's leveraged trades there. You can mix it up with your other trades. Are you afraid of shorting bitcoin? http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

You don't need ETF's, CME futures are available. Fully regulated. http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html See above link. Make $$$ and don't miss out on this opportunity.

You don't trade this junk and you post many times on this thread? CME futures or CBOE futures are available for you to short. Don't waste time, my friend. It's going below 10K and accelerate the crash. Go for it.

Nice call. Hope you catch and ride it. CME futures is your play or CBOE?

Pekelo, why you so mad at us hodlers? Don't worry.... be happy.

Well, Pekelo, you're the best trader on ET, so I don't doubt you go long when it's going up and go short when it's going down. I'm talking about the rest of these guys. They're missing out! :rolleyes:

Hello everyone! You guys are missing out on a huge opportunity here. Start building your CME futures BTC short position and keep adding on every bounce. Don't wait. Do it now. :)

You're a true poet, sir. I hope you're making money with your short position? If you don't have a position, yet, better get in soon you'll be making lots of $$$. I suggest shorting the CME futures as that gives you the best leverage play and liquidity. Good luck, buddy!

I do apologize. I overreacted to your post as the cryptos owners here get attacked constantly. No excuses, and I'll be more aware of the posters before I respond next time.

I'm not assuming anything, our discussion centered around spending investment assets like spending cryptos. If you hold cryptos, good for you. I hold cryptos and I spend cryptos so I'm not talking about a process I don't have experience in.

Bro, i hate to break it to you but I'm not a noob. Been in bitcoin/cryptos since 2013 and seen the nasty 2 year bear market in cryptos you don't know anything about You on the other hand are a bitter no-coiner and hope you stay that way :p

Honestly, I asked you for a step-by-step, because holding 1000 shares of AAPL is not the same as spending it on the items I mentioned. What if AAPL got bombed by NK and your shares tumbled to $10? It's ok, just don't talk like you know when you don't know.