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Has it been posted on this thread? Bitcoin is over $11,200 each right now. Yay.

It looks like I'm going to be technically correct of bitcoin being over $11,000 but it's making a run for it right now. Already {update-edit} over $10,200 :cool:

My guess is $11,000+ by this weekend.

$10,000/bitcoin just hit on GDAX (Coinbase). Yay.

I might have misunderstood the "borrow" comment at 4.5 minute mark of the video to mean shorting bitcoin... https://www.cnbc.com/2017/11/27/bitcoin-could-easily-reach-40000-by-the-end-of-2018-novogratz.html

I saw references that there will be shorting as part of hedging position in futures. Let me look for it...

It will be interesting to see how the futures will be able to short the quantity needed when most of the circulating bitcoin are not on exchanges.

We = the ones who are interested in the Bitcoin price since it's the title of the thread "Bitcoin Price Thread" lmao

Greedy? lol, no need to be judgmental, it's just an investment asset, not personal. I'm not going anywhere even if it hits $10,000 or $20,000. I've been holding for a while now, and held through the bitcoin bear market (you wouldn't know how it felt since you're only angry when Bitcoin goes up...

That escalated quickly :confused: The question we should all be asking is if the price of each Bitcoin will hit $10,000 tonight on GDAX? Or will we have to wait another day? :banghead:

I think the price of $10,000 for each bitcoin is good, but it would be even better when it goes to $50,000 price for each bitcoin and in a reasonable time, say by the end of the year 2018...

neke! Big fan of your Survival journals for many years. Yes, many Bitcoin hodlers know what Bitcoin is about and we wish all the critics would at least know or take the time to study it before jumping into conclusion it's Tulip bubble, etc. It's too much to ask, though, so we'll keep bantering...

This is great! Bitcoin is only at $160B currently (minus all the "lost coins"), so when it hits 10% valuation of all the mined gold and really kick into gear, I think the naysayers may finally respect bitcoin :D HODL! :fistbump:

I've always been on the camp that thinks bitcoin is a (high-risk/high-reward) investment asset similar to gold as a store of value, but I appreciate Bitcoin's other features, the main one to function as a currency if one chooses to. A long time ago, the message was to "churn" bitcoin to...

On GDAX It doesn't look like it will stay above, but might as well enjoy it o_O

This talks about how to value bitcoin using fundamentals. https://www.cnbc.com/video/2017/11/03/fundstrats-tom-lee-bitcoin-is-at-a-premium-to-fundamentals-here.html

Trading bitcoin is much more favorable on the long side as the majority of the bitcoin supply are are not stored on exchanges. Coinbase is adding users at an ever increasing rate and these accounts are not for shorting (edited, can be used for selling btc for $). When these users buy from...

Bitcoin is not a religion or a cul (well, it shouldn't be). It's a financial asset, plain and simple, and soon will have CME futures. What someone does with their finance is no one else's business. I get asked a number of times how much bitcoin do I have and I just politely say very little...

1. Bad timing :) I'm responding to the thread CME Bitcoin futures and it's an active one. 2. The bitcoin (not any forks or any of the 1200 altcoins) supply cannot be altered. 3. Easily manipulated is a strong claim. That requires hard evidence. The 24 hour volume is $3.6 Billion on btc which I...

1. I was not referring to you specifically but to the traders who are going to be trading the CME futures on bitcoin. 2. I don't know how to respond (seriously, not trying to be funny). The markets do what they do and as someone whose portfolio is mostly made up of an altcoin, I'll be talking up...