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  1. johnarb

    Bitcoin and ether shouldn’t be regulated like stocks and bonds, a top SEC official says

    Washington Post Source Two of the world's biggest virtual currencies need not be regulated like stocks and bonds, a top official at the Securities and Exchange Commission said Thursday, putting to rest months of uncertainty about how the financial regulator views bitcoin and ether, the...
  2. johnarb

    Bitcoin Price Thread

    We've been at this back and forth for a while now. You're not changing our minds and we're not changing yours, that's the way it's going to be. I do wonder what would happen if I post in here that you convinced me to sell all my cryptos, would that make you feel better? You say you don't care...
  3. johnarb

    Bitcoin Price Thread

    Lol, the simple answer is I'm all-in :D I've been all-in on bitcoin/cryptos since 2014, and even surpassed all-in by borrowing from credit cards to buy more cryptos. If we had a house, I probably would have gotten an equity loan to buy more. Bitcoin has been very good to us that we paid off...
  4. johnarb

    Bitcoin Price Thread

    No, I am not buying additional at this price. I await your follow up question.
  5. johnarb

    Bitcoin Price Thread

    Yikes, I don't know where I said that I was not affected by previous bitcoin price crashes and I'll say it now at the risk of contradicting myself, it always affected me, but not to the point of giving up and selling all my cryptos. Even now, I have no plans of cashing out even if 5,000 hits and...
  6. johnarb

    Bitcoin Price Thread

    Unfortunately the bitcoin price does affect me financially even if I'm a long term hodler. I'm not sure I understand what you meant with regards to mining. I was a bitcoin miner for about 6 months in 2013-2014 and the reason I stopped was because it was cheaper to buy bitcoin than to mine it...
  7. johnarb

    Bitcoin Price Thread

    Just went below $6500. Bear market in cryptos (led by bitcoin). I'm worried if it hits $5000 and doesn't hold...
  8. johnarb

    A crypto trader setting up a hedge fund apologised for making so much money

    http://www.businessinsider.com/crypto-trader-hedge-fund-making-so-much-money-2018-6/ Lawyer John Lore advises hedge funds and has seen a spike in specialist crypto funds asking for help. He said the background of his crypto clients is much more diverse than traditional fund managers. Some...
  9. johnarb

    Remarks of Commissioner Rostin Behnam at the BFI Summit

    Mod, please move to another section if more appropriate. https://www.cftc.gov/PressRoom/SpeechesTestimony/opabehnam7 [Below is just an excerpt as there are other sections on the link above that discuss blockchain and virtual currencies] But virtual currencies may – will – become part of the...
  10. johnarb

    Hyland: 1st Bitcoin ETF Closer To Reality

    http://www.etf.com/sections/features-and-news/hyland-1st-bitcoin-etf-closer-reality?nopaging=1 ETF.com: Is the ETF industry any closer to addressing the SEC’s concerns about cryptocurrency funds than it was several months ago? John Hyland: I do think we’re closer and there are four reasons...
  11. johnarb

    Fidelity, a household name in American investing, is plotting a big move into cryptocurrency trading

    source Fidelity Investments, a firm that oversees $2.4 trillion in assets, is hiring to build a digital asset exchange, an internal job ad reviewed by Business Insider reveals. The firm is also working on custody solutions for crypto, according to another job ad. If Fidelity successfully...
  12. johnarb

    Bitcoin Price Thread

    Thank you for the post Bitcoin price currently at ~$7,700 seems to have found support. I trade long term cryptos so I'm willing to ride it out if bitcoin goes back down. Honestly, there are a lot of things in development if someone is looking to hold past a few months. Bitcoin is the reserve...
  13. johnarb

    Bitcoin Price Thread

    There you go again. Personal attacks. Did any of these people borrow money from you to put their trades? Did I take money from you for my trades? Then it's none of your f*cking business. I'll just put you on ignore from now on. Don't need your bs.
  14. johnarb

    Bitcoin Price Thread

    I'm not much of a TA trader, but was just taking a stab at support levels which seemed to be what the finance yahoo article was saying as well. You keep mentioning Hoi, but I'm not him.
  15. johnarb

    Bitcoin Price Thread

    I don't mind differing opinions, but you were on a personal attack level. I posted some key support levels and you attack my analysis as "having no clue" without backing it up. You call my long-term trade position waiting for some NEWS development as "ignorant and desperate", again without...
  16. johnarb

    Bitcoin Price Thread

    I sometimes laugh to myself when I see you posting this conspiracy theory of an all-powerful bitcoin organization that has the ability to brainwash millions of people from different countries and backgrounds. First of all, bitcoin is an open-source project, and literally, no one gets paid any...
  17. johnarb

    Bitcoin Price Thread

    You claim that the "house" is extremely short bitcoin (via futures), but then you also claim the "whales" have the ability to pump bitcoin up (to bring in more suckers). You would be saying that the "house" which implicitly can't lose are at the mercy of the bitcoin whales. You can't be on the...
  18. johnarb

    Bitcoin Price Thread

    Well, I guess I'll have to live with my trades, then. I trade cryptos between cryptos, and staying long cryptos for a while, so if bitcoin goes to zero, I'll be right there with it. Don't worry about me or my trades and I don't worry about yours. You don't see me posting in other threads that...
  19. johnarb

    Bitcoin Price Thread

    So if goes down it's because Wall Street guys shorted it and if it goes up, it's because the bitcoin whales pumped it up. What if it goes sideways?
  20. johnarb

    Bitcoin Price Thread

    If bitcoin goes below $7K, retest of $5900 could happen. If it goes lower, then $5K is a good support. If it doesn't hold $5K, could get ugly, lots of entries in that area, might cause panic selling. We are awaiting some major events to happen, so maybe cryptos bear market could turn around to...
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