Bitcoin Price Thread

neke said:
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There is really no good shorting trade on these stuff. Even if you believe perfectly in its eventual demise. It might run to 50,000 first. Suppose you shorted at 10,000, with $10K, meaning one bitcoin. When it goes to 50,000, you have to put up 40,000 to meet the margin requirement, so if it eventually goes to 0, all you make is 10K on a 50K outlay - or 20%. If that takes 5 years, that comes to just 4% annually. For a high-risk trader, that is nothing - useless tying up of capital.

And if you think options is the way, again it is too lop-sided. On Dec 20, I took a screen shot of the option pricing for RIOT, March 2018 expiration (attached). Stock was trading at $35. The Mar 2018 35 PUT was trading for $18 (while the CALL was $4.00). Such disparity that shows every intelligent being knew it was going down big time. Unfortunately, if you bought the put, and this goes to $10 by then, all you would make would be 50% on the option. Too small for such a trade for me.
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Nice illustration on how hard it is sometimes to actually execute a strategy.
 
johnarb said:
You're full of shit. You can't answer any of my questions and running away like a scared child when you got called out. Won't respond to you anymore until you can answer my questions. Bye

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just one example to show the power of blockchain WITHOUT CRYPTO'S.

https://wolfstreet.com/2017/12/21/banks-disparage-bitcoin-but-love-the-technology-that-enables-it/

But there are many more. And soon we will see them appear. And then this BS about crypto's linked to blockchain will maybe stop.Blockchain is interesting and important, crypto's is for casino's and ponzi schemes.
 
Pekelo said:
So they take LTC and Monero, but not the only true bitcoin? Somebody is heavily invested in BTC, me thinks...
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True bitcoin? Is that like the true G0d?

Commodore 64 was a true computer as was an Apple II, with all due respect to Atari 800

Now museum pieces
 
Pekelo said:
So they take LTC and Monero, but not the only true bitcoin? Somebody is heavily invested in BTC, me thinks...
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But bitcoin core is the true Bitcoin though? Unless you mean in spirit?

In any case up 20% last two days.
 
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