Bitcoin Price Thread

Hello,

I don't know what bitcoin is and I really don't care and neither should you. Alllll that matter is making money. Buy low and sell high. Or vice versa.

Not sure what all the talk about is about. Just buy and hold or just trade it like me. I don't need to know what it is and news articles.
 
S2007S said:
Funny how gold at $1800+ some years back was considering outrageous, overvalued and taking everyone by surprise, but some fairytale magical coin at close to $10000 is receiving praise and honor with people jumping buying it up with not an ounce of clue of what it is that they are buying.
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It kills you doesn't it. You'll get it someday.
 
SimpleMeLike said:
I don't know what bitcoin is and I really don't care and neither should you. Alllll that matter is making money. Buy low and sell high. Or vice versa.
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Wow! what should I say? Check out stocks like Xcelera (XLA) and e-toys in year 2000 just before the bubble bust - and what they are now. At least people knew what those companies generally did (or claimed to do). Never thought that kind of gold rush would happen again in my trading life-time. This time, its chosen a different venue, not the stock market.
 
S2007S said:
Funny how gold at $1800+ some years back was considering outrageous, overvalued and taking everyone by surprise, but some fairytale magical coin at close to $10000 is receiving praise and honor with people jumping buying it up with not an ounce of clue of what it is that they are buying.
More...


fa660try. what else to explain it?

upload_2017-11-27_21-56-53.png
 
neke said:
Wow! what should I say? Check out stocks like Xcelera (XLA) and e-toys in year 2000 just before the bubble bust - and what they are now. At least people knew what those companies generally did (or claimed to do). Never thought that kind of gold rush would happen again in my trading life-time. This time, its chosen a different venue, not the stock market.
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Etoys haha....the good old days where any and all dot com stocks moved just because they were an internet stock ....reminds me of the other 1400 cryptocurrencies that are nothing but speculation and hype....they can create an ICO overnight with some explanation that it does this and that and people still buy into it....these cryptocurrency enthusiasts are going to witness one heck of a ride....the predictions that the overall cryptocurrency market will be worth several trillions next year has everyone buying any and all cryptocurrency....
 
johnarb said:
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:
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After a 50% one month increase and a $1000 added to bitcoin in one week you sure are greedy for $10000, is 50% profit in 30 days not enough? Wow, the bitcoin greed is through the roof .....
 
S2007S said:
After a 50% one month increase and a $1000 added to bitcoin in one week you sure are greedy for $10000, is 50% profit in 30 days not enough? Wow, the bitcoin greed is through the roof .....
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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, not when it goes down). It went from a high of $1200 to less than $200.

I have a planned spending of over $8,000 worth of btc's tonight. Damn, it's less than 1 bitcoin. Feels awesome :)
 
Here you go bitcoin ultra bulls....forget stocks...here is a free ticket to make 4X your money in 1 short year!!!


Just keep in mind when you are STARTING a $500 million dollar cryptocurrency fund of course you will talk up cryptocurrency and bitcoin in general....





Bitcoin could 'easily' reach $40,000 by the end of 2018, hedge fund legend Novogratz says
  • "Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money."
  • "Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz,formerly a macro hedge fund manager at Fortress Investment Group.
  • But Novogratz doesn't recommend retail investors put any more than 1 to 3 percent of their net worth in cryptocurrencies, or wealthier investors to put more than 5 to 10 percent.
https://www.cnbc.com/2017/11/27/bitcoin-could-easily-reach-40000-by-the-end-of-2018-novogratz.html
 
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