Bitcoin Price Thread

johnarb said:
I saw references that there will be shorting as part of hedging position in futures. Let me look for it...
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Scataphagos said:
"Shorting the quantity needed" won't be an issue. The CME will not handle BTC itself. The future contract is based upon a cash index of the BTC price.
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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
 
RRY16 said:
Some guy was trying to pitch me a bitcoin MLM, guaranteeing 1% a day last weekend at this bar while watching football. Bitcoin MLM ??? Anyone come across this?

https://usitech-int.com/
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:D

Here are some general questions that can "give away" an Amway distributor:

Has an old friend from high school called you recently and asked to meet with you for no particular reason or for a "vague" reason?

Does someone want to just have lunch with you about a "business opportunity?"

Does someone in your church that you never had lunch with before all of a sudden wants to take you to lunch?

Is there a group of people in your church who all sit together, dress the same way, and after church stand together talking, but every once in a while their group seems to grow?

Is there an "exclusive" group of people in your company that always goes to lunch together, yet is growing?

Are you tempted to call a number that is on a "tear-off notice" on a public bulletin board at the post office, grocery store, or restaurant?

Does a fellow employee that you never talk to suddenly want to meet with you?

Have you been invited to a meeting to look at "a business opportunity" but the details have not been explained to your satisfaction?

Does an acquaintance strongly want to get you involved with a business that is "really going places, but you have to get it in on it now or you'll miss out?"

"Do you know anyone who might be interested in making a couple-extra of thousand dollars a month working 8 to 10 hours a week?"
 
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Ding . ding.. ding..
10k.jpg


now what ? dash or crash ?
 
S2007S said:
I find it interesting that there can only be 21 million mined in the next decades to come, however what if they were to increase supply.....uhhh ohhhh....and not many people know this, but there are millions of magical coins that have disappeared ...just like that gone foreverrrrrrrrrr
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BTW the supply is not just 21 million , they have added another 21 million and put a different label on them = Bitcoin cash not to mention Bitcoin gold as well , and they did that in an eye blink . It's all bs it's just a bubble for a useless item , it will take years though to settle down .
 
SunTrader said:
And my guess at least that many wrong as hell naysayer posts by the weekend as well. :D
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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:
 
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