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I skimmed through it. It seems to me like a version of their current money, not an investment asset. What I mean by that is that it's not a store of value and there's no reason for it to go up in price, but you can use it in that country. Who's going to want to trade it?

There's a discussion on Reddit about this. Definition of a financial institution being applied to individuals seems far-fetched and there's division in the reddit comments with some suggesting it's for businesses. I'm on a wait and see mode...

The regulations are a big concern as I put on the previous post. Japan has already put in their legal system that bitcoin is valid currency. China doesn't have the same effect. I doubt Russia will either. G7 or the US, yea, that would be bad. As far nation cryptos, forget about it. It won't...

I don't know about the other hodlers, but this is the thing that scares me the most. There are more and more signs that bitcoin will not be banned like the internet poker sites, but still there are no guarantees. I do welcome the bitcoin futures and hope it's very successful so the lawmakers...

It's ok, we'll agree to disagree, but you didn't ask me how I know you did not perform any meaningful research, because your arguments are superficial and not at all technical in nature. Good luck with your trades.

neke, with all due respect, what was the price of bitcoin when you first posted (<$10K, I believe)? Had you done your research and not be swayed by the majority experts calling bitcoin bubble, bubble, bubble, you would be sitting on a position that can withstand a big correction. I'm just...

Yea, I agree with this big time. People saying it's a bubble, middle-school children's parents buying (yea, sure, you believe this 3rd/4th hand anecdote from a friend of the teacher), etc, etc, but here on ET, the best of the best investment speculators (/s), we are clearly outnumbered by the...

yea, i know what you mean. I feel I could have bought a lot more, but common sense prevailed, "risk only what you can afford to lose". I wish I didn't have common sense, lol.

Nice! You kept buying and hodling? [I hope :D ]

Bro, you don't have a position on bitcoin but your stress level is just so high. Relax. Breathe in, breathe out. Coinbase shows the price $16,900. Relax. :rolleyes:

Bithumb is still over $19,000 for each bitcoin. South Koreans just buy like crazy and putting everyone to shame...

Fast market situation. It's back to $16K now... I have nothing on exchanges, all local wallets, but watching the action and having fun. I have no plans to sell.

Bro, your perspective is messed up. It's up over $3K before I went to sleep. , but whatever makes you happy, lol. $17,700 on Coinbase/GDAX

Oh shit, here's the crash the bubble callers are waiting for :wtf: $16,600 on Coinbase, :D

Hello Party People. Bitcoin is over $19,000 each on Coinbase/GDAX [GDAX has crashed, though, lol. Get faster servers, dude]

Hey now, Bitcoin is over $18,000 on Coinbase/GDAX. Yay

Hello, Bitcoin is over $17,000 each on Coinbase/GDAX. Yay. [are we having fun, yet? :sneaky:

Have you done it? If not, go ahead and try...

Do you have a stop? It's over $16,700 on GDAX right now and over $19K on Bithumb (Korean exchange).

I don't know the answer. Bitcoins at one exchange are different from another exchange and they don't share the same supply so if the Koreans are buying and paying whatever price on that exchange, there's just not enough supply at lower prices so they keep paying higher and higher prices as...