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  1. johnarb

    Bitcoin Price Thread

    https://www.forbes.com/sites/petertchir/2018/07/22/is-this-bitcoin-rally-for-real/#405d9f863b3b Is This Bitcoin Rally For Real? I have been bearish on cryptocurrencies for a number of months now. I was feeling good about that view as Bitcoin flirted with breaking $6,000 again as recently as...
  2. johnarb

    ***NSFW*** Sex workers slam crypto-based ‘Uber for escorts’ over safety fears

    If bitcoin (or any cryptocurrency) succeeds, it will be an extremely innovative evolution in the financial systems. Blockchabin that is not decentralized is just a (very bad) database and if you don't know this, you need to study bitcoin more.
  3. johnarb

    ***NSFW*** Sex workers slam crypto-based ‘Uber for escorts’ over safety fears

    No feedback needed. It's just a news item. I read a lot of crypto-related news (and have seen this a few months ago, along with another coin called Spankchain) but I do not post them here unless it's in mainstream publication such as CNBC or Forbes, and this was on Reuters business section...
  4. johnarb

    ***NSFW*** Sex workers slam crypto-based ‘Uber for escorts’ over safety fears

    *** THIS IS NOT AN ENDORSEMENT (from me) *** Interesting ICO concept. The founders are anonymous but there are hints that at least one of them is in Canada where they are launching the first city as it's in a "gray" area on legality. Not a blockchain, but more of a traditional (underground)...
  5. johnarb

    Institutional money is growing the crypto space, says Coinbase vice president

    https://www.cnbc.com/2018/07/16/crypto-space-is-growing-with-institutional-money-says-coinbase-vp.html Coinbase VP Adam White says there is increased interest among institutional investors in the cryptocurrency space. "Institutional conversations have become more and more profound" over the...
  6. johnarb

    Bitcoin extends gains as BlackRock looks into crypto and blockchain

    https://www.cnbc.com/2018/07/16/bitcoin-jumps-after-report-says-blackrock-exploring-cryptocurrencies.html Bitcoin jumped as BlackRock sets up a working group to look into cryptocurrencies and blockchain. London’s Financial News first reported the story. BlackRock CEO Larry Fink later confirmed...
  7. johnarb

    A Traditional Stock Exchange Is Also Going to Trade Cryptocurrencies Like Bitcoin

    http://fortune.com/2018/07/06/swiss-stock-exchange-cryptocurrencies/ By DAVID MEYER July 6, 2018 The Swiss stock exchange is going to open a cryptocurrency exchange, which it claims will be the first of its kind in the world. The plan, unveiled Friday by the Swiss stock exchange operator SIX...
  8. johnarb

    Bitcoin Price Thread

    I start buying again at $1,500 per btc. Wish me luck :cool:
  9. johnarb

    Bitcoin Price Thread

    So much giddiness here as bitcoin price keeps going down. The last bear market for bitcoin lasted ~2 years, so better to ration the champagne bottles and only pop one on a schedule, maybe 1 every month. :D
  10. johnarb

    Bitcoin Price Thread

    They're obviously not as good as you (in your mind) when it comes to investment analysis, but they just might be a little more successful than you, don't you think?
  11. johnarb

    Bitcoin Price Thread

    With your expertise on bitcoin as a trading instrument coupled with your vast IT experience, I think you should contact the people below to warn them of their misguided plans: [borrowed from another thread's content]: Andreessen Horowitz is "investing aggressively" in crypto, even as bitcoin...
  12. johnarb

    Leading venture capital firm Andreessen Horowitz raises its first dedicated crypto fund

    https://www.cnbc.com/2018/06/25/leading-venture-capital-firm-andreessen-horowitz-raises-its-first-dedi.html Andreessen Horowitz is "investing aggressively" in crypto, even as bitcoin and other cryptocurrencies have dropped by more than 50 percent this year. The company raised $300 million for...
  13. johnarb

    Bitcoin Price Thread

    Why would anyone complain? I prefer the bitcoin price to go up.
  14. johnarb

    Congress's Secret Crypto Fans Will Now Have to Reveal Themselves

    https://www.bloomberg.com/news/articles/2018-06-20/congress-secret-crypto-fans-will-now-have-to-reveal-themselves U.S. House members were advised this week that they must publicly reveal any digital token holdings worth more than $1,000, according to a June 18 memo issued by the House Ethics...
  15. johnarb

    Bitcoin could 'bring the internet to a halt,' banking group warns

    Here's a response to the statements from the previous article. https://www.forbes.com/sites/investor/2018/06/18/no-bitcoin-wont-use-up-all-the-worlds-energy/#24da2941a91b What's interesting from the way I look at it is that when these people make statements, they are showing bitcoin relevance...
  16. johnarb

    Bitcoin could 'bring the internet to a halt,' banking group warns

    http://money.cnn.com/2018/06/18/technology/bitcoin-cryptocurrencies-internet-bis/index.html
  17. johnarb

    Former Goldman Sachs trader leaves Wall Street for crypto

    That's at least a pretty rational argument even if you don't believe in bitcoin. An investment in bitcoin is like an option with no specific expiration date. Say you invest one bitcoin's worth, $6,500, you can only lose that much, and yet what is a realistic upside given a timeframe of 2 years...
  18. johnarb

    Former Goldman Sachs trader leaves Wall Street for crypto

    But they did explain it. It's a form of diversification for portfolio fund allocation and it's hardly fair to compare a roulette bet to putting money on an emerging asset class. Yes, it's risky, but... The other thing, too, is this is a site for traders and speculation and should be able to do...
  19. johnarb

    Bitcoin Price Thread

    You've made many calls on bitcoin, though :) This one below from 2015 was a good one. A bounce from $190 but not a trade, but a long term hold, would have yielded quite a bit of returns.
  20. johnarb

    Former Goldman Sachs trader leaves Wall Street for crypto

    Good explanation of a small portfolio allocation can still result in outsized gains = asymmetric bet. Good enough for grandmas, good enough for ET'ers. https://cnb.cx/2Mr7ERy
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