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  1. johnarb

    Bitcoin Top?

    As you say, let's not make assumptions... https://blog.bitpay.com/bitpay-growth-2017/
  2. johnarb

    Litecoin

    Sheesh, you know this is cryptocurrencies forum. You just need to use Western Union, they've been around for a while. Google if you need more info.:finger:
  3. johnarb

    Sell most (or all) of your cryptocurrencies now

    At a total valuation of $300B for bitcoin, I don't see Wall Street bankers being in, yet (except a few early guys like Novogratz and Bill Miller). This is not just a US-based bubble as the Japanese and South Koreans as well as the Chinese have been pouring money in this. Once the institutional...
  4. johnarb

    Sell most (or all) of your cryptocurrencies now

    Apparently, it's been tracking the price of bitcoin with a high accuracy. Just one measure, what I do know is that bitcoin was worth much much much less when the Uber Taxi drivers and the likes were not part of the network as it was mainly a novelty item. You probably remember those times when...
  5. johnarb

    Sell most (or all) of your cryptocurrencies now

    Also bitcoin diamond
  6. johnarb

    Sell most (or all) of your cryptocurrencies now

    He's one of the early believers. They did not get paid for supporting bitcoin and actually gave away bitcoin to encourage adoption. What people think as the sign of the top "Taxi/Uber drivers, Bell Boy, Housewives, School children, Accountants, Dentists, etc. etc." getting in to bitcoin is...
  7. johnarb

    Litecoin

    It's a difficult concept and you probably won't get to convince your sister to participate to the full extent, but Litecoin (or any crypto) is about being your own bank. Take out Coinbase from the equation. Send your litecoin from your wallet to your sister's wallet. End of story. Well, there's...
  8. johnarb

    Bitcoin Top?

    Gentlement (& Ladies), everyone getting in is a good thing. I've started buying when it was $100 and I'm not selling and many early adopters are not selling as it's a superior form of money as it's both an investment asset and a currency. The biggest risk in the past was if the US were to ban...
  9. johnarb

    Bitcoin Price Thread

    futures halted again?
  10. johnarb

    Bitcoin Price Thread

    You shorting the bitcoin futures, yet? You gonna make a killing, I just know it... :D
  11. johnarb

    Bitcoin Top?

    Pekelo, good entry point on your short? Come and get it
  12. johnarb

    Bitcoin Price Thread

    The ET shorters are probably waiting for CME futures...
  13. johnarb

    The bear markets of Bitcoin, a historical view

    Good historical breakdown, Pekelo. Yes, we are ready for the next bear market cycle in Bitcoin. Are you ready to buy in at the bottom this time? :D I'm guessing $900 is bottom but hey, it may hit $500...
  14. johnarb

    Bitcoin Price Thread

    $13,800 on Coinbase/GDAX. This will shake some trees :D
  15. johnarb

    Bitcoin Top?

    This is for Bitpay, but there are other payment processors out there, Coinbase being a big one, as well. I paid $10K for airfare tickets and Coinbase was the merchant checkout (last week). https://blog.bitpay.com/bitpay-growth-2017/
  16. johnarb

    Bitcoin Top?

    When no one except the geeks believed in Bitcoin, it was criticized "as no one uses it except the druggies and the techies, it won't go anywhere, it's dead, jim" Now, everyone in the world including school children (who happen to have thousand$ in savings), worldwide phenomenon (Japanese...
  17. johnarb

    Bitcoin Top?

    Data disagrees with your statement. I posted a link to Bitpay's growth projections and existing usage. People who have profited from their investment or perhaps has an immediate need will spend it. It's the same if you bought Apple stock and it goes to $1,000 each you might want to go on a...
  18. johnarb

    Bitcoin Top?

    Bitcoin is both an investment asset (store of value/digital gold) and a currency. We know how it's performing as an investment asset, but what about bitcoin currency usage? [Personal note: I paid $10,000 worth in airfare tickets last week cheapair.com and also bought a $1,700 ultrabook from...
  19. johnarb

    Bitcoin Top?

    Bitcoin believers call it adoption, network growth, or market acceptance. It's a good thing. What the naysayers don't understand is that when no one was using bitcoin, it had no value. Some of the early bitcoin adopters gave away hundreds or thousands of bitcoin to encourage more users. Now...
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