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  1. johnarb

    Bitcoin Is The New Gold

    Please let us know when you've put on your short position on bitcoin. Thanks.
  2. johnarb

    Bitcoin Is The New Gold

    I just had a "what the fuck moment", lol. I had no idea who you were until I looked at your profile. I thought you left ET a long time ago... I was reading your touch, no-touch, binary options and other journals and options-modeling discussions with Maverick74 a long time ago, even though they...
  3. johnarb

    Bitcoin Is The New Gold

    Yea, Coinbase had a lot of issues during those times as they were not prepared for the volume of trading that was happening at that time. Other exchanges closed down account registrations and people were buying exchange accounts. I suck at trading but I did spend bitcoins when it first hit $5K...
  4. johnarb

    Bitcoin Is The New Gold

    Sorry about that, didn't mean to put you on the spot. Thanks for answering, though. Very happy for you that you sold near the highs.
  5. johnarb

    Bitcoin Is The New Gold

    I think you bought 300 bitcoins a while back. Did you sell them all or have you kept any? Bitcoin (cryptocurrencies) are still growing and the price will reflect that. Market cap for bitcoin is less than $100B so 10% of that in daily trading volume is reasonable, and it's 24/7/365, not like...
  6. johnarb

    Bitcoin Is The New Gold

    https://www.forbes.com/sites/investor/2019/04/16/bitcoin-is-the-new-gold/#21cb38b5239a (photo credit: Getty) GETTY I always write about this basic idea when it comes to any investing: which way is the market going, up or down? If you know, you are in great shape; if you don’t, you should...
  7. johnarb

    Bitcoin price manipulation

    Bud, you're not listening... Did you miss my post? I already responded to your childish view of the bitcoin markets. https://www.bloombergquint.com/onweb/cme-bitcoin-futures-volume-hits-record-high-as-prices-rebound Imagine a bitcoin insider setting the price (pumping the price of bitcoin to...
  8. johnarb

    Bitcoin price manipulation

    Bud, you're not listening... I already responded to your childish view of the bitcoin markets. https://www.bloombergquint.com/onweb/cme-bitcoin-futures-volume-hits-record-high-as-prices-rebound Imagine a bitcoin insider setting the price (pumping the price of bitcoin to $100,000) but not...
  9. johnarb

    Coinbase And Visa Are Making Bitcoin, Ethereum, Ripple's XRP, And Litecoin Payments A Reality

    https://www.forbes.com/sites/billybambrough/2019/04/10/coinbase-and-visa-are-making-bitcoin-ethereum-ripples-xrp-and-litecoin-payments-a-reality/#3f31c8b35943 Bitcoin and other major cryptocurrencies, including ethereum, Ripple's XRP, and litecoin, have long struggled against accusations they...
  10. johnarb

    Bitcoin Price Thread

    In software cycle, it is expected to discover major bugs (and in fact desirable) in the early stages so they can be resolved with minimal impacts. To describe bitcoin value plummeting in 2010 has to be a joke (or being deceptive). What was the price of each bitcoin at that time and how much...
  11. johnarb

    Bitcoin Price Thread

    Hmmnnnnnn....
  12. johnarb

    Bitcoin Price Thread

    Red Duke's claim is that they pump the price of btc so they can attract and steal dumb money that comes pouring in, however for someone who's been on ET for 10 years, he doesn't understand how markets work. There's so many ways to arbitrage a bitcoin market that he describes and make boatloads...
  13. johnarb

    Bitcoin Price Thread

    So, they push the prices up using fake $$$ USDT, but then they have to wait for dumb money to buy so they can sell and steal their money. Bitcoin is decentralized, so not sure what you mean by insiders. There are whales, maybe that's what you meant. I'm not an insider, although I mined a few...
  14. johnarb

    Bitcoin

    You meant in 2018. It's not wasted. Bitcoin mining provides the security for the blockchain that is a record of all the bitcoin transactions since inception. https://www.newsbtc.com/2019/02/26/bitcoin-surpasses-paypal-in-yearly-transaction-volume-at-1-3-trillion/
  15. johnarb

    Bitcoin Price Thread

    Unless you're a child, you should not be making a circular argument as it's insulting. Listen, let me make this very simple, why don't we tell the insiders to create fake volume, use fake USDT, increase the price of bitcoin to $1 Million per coin and forget about the stupid dumb money.
  16. johnarb

    Bitcoin Price Thread

    So let me get this straight, the bitcoin price is kept higher and pushed higher (like yesterday) because quite simply it's very easy using fake volume and fake USDT created out of thin air, then now you're saying needs dumb money (why???) to push it higher, coz no money no honey. Very clear...
  17. johnarb

    Bitcoin Price Thread

    My dear friend, if it was so simple and easy to keep raising the price, why don't they keep doing it so we can get back to $20K and increase the sale of Lambos again?
  18. johnarb

    A Crypto Dividend? Coinbase 'Staking' Service Offers Fixed Income Investment

    MrMuppet, I'm not in bitcoin or cryptos for the "replace fiat mentalitiy" and I mentioned this in some of my posts. ET is a trading/investing website, and I traded options in the past which is why I know this site (not that successfully, I may add, but overall, was slightly net positive over...
  19. johnarb

    A Crypto Dividend? Coinbase 'Staking' Service Offers Fixed Income Investment

    Some things by their very nature and functions cannot be made simple. Let's look at the US $, we got M1, M2, M3, MMT, Fed Funds rate, inflation rate target, and still through it all, US debt is $22 Trillion. And how about other countries, Venezuela, Argentina, and others, why have they failed...
  20. johnarb

    A Crypto Dividend? Coinbase 'Staking' Service Offers Fixed Income Investment

    Seriously? Tezos is not a company, bro. I know you're referring to Coinbase, but this is a Cryptocurrencies forum. Here's the problem with most of the naysayers here at ET, this forum has been around since Bitcoin was less than $20 (2011) and still, most of the naysayers here don't understand...
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