Bitcoin Price Thread
- Thread starter Magna
- Start date
No bias when you trade! Bitcoin crossing 16,500 is big for a push back to 20K. Bubble or no bubble the price action says these things for now are continuing their parabolic surge. 1400 alt coint now in existence. It's become a casino of traders trading worthless coins 24/7. Government won't stop it because they are going to make money on all the profits from these traders just like marijuana became legal. A real shame but the world is corrupt I wouldn't expect it any other way. I'm seeing new coins come to market make 10X returns in days. Mark Zuckerberg and Amazon are jumping on this train. Only way you see bubbles explode is when every single alt coin dumps 50% intraday. There is no end in site for this for now. Only fools can call peaks. Yes, it will crash 100%. The co founder of Ripple had a net worth of $60 billion yesterday. No lie! He lost $15 billion overnight though. lol Keep the party going.
Here is one for kicks and giggles. New hot play last few days Experience Points. Traded at .000014 a month ago on Dec 6th. 7K turned into 1,500,000 in 30 days. Current price .006000. I get 7K because that was the cash dollar volume for day. I won't argue that there are people getting real wealthy off these. Gamblers continue to gamble when they are up is the thing. I don't touch this kind of trash. I trade options where you can make 1X to 20X in a week so fools gold is of no interest to me.
https://coinmarketcap.com/currencies/experience-points/historical-data/
https://coinmarketcap.com/currencies/experience-points/historical-data/
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$TSLA 325 next week calls for 1.60. On a 317.50 cross it will be golden. 325 is real breakout. Put in a stop loss that's reasonable. Tesla loves to fly on Mondays. I'll check back in a week what these are. Target would be 338.50 area on a 325 major resistance cross. Yes, not on Bitcoin topic just pointing to something that can make 10X in a week that isn't a fraud. Potential upside to these would be 13-14 from 1.60 entry.
It's testing that December 27th high. If it can clear that, then it's off to challenge the ATH.
In world of cryptocurrencies, something’s gotta give in 2018
In 2017, we were told that blockchain technology and cryptocurrencies were going to save the world, disrupting just about anything with a digital fingerprint. But we saw very few tangible examples that justified the hype. In 2018, many of intriguing pitches will still be around, only now the challenge is going to be finding a way to deliver real products. Here are some of the biggest issues that members of the blockchain world will have to face.(MIT Technology Review)
In 2017, we were told that blockchain technology and cryptocurrencies were going to save the world, disrupting just about anything with a digital fingerprint. But we saw very few tangible examples that justified the hype. In 2018, many of intriguing pitches will still be around, only now the challenge is going to be finding a way to deliver real products. Here are some of the biggest issues that members of the blockchain world will have to face.(MIT Technology Review)
State regulators warn investors about cryptocurrency dangers
State securities regulators warned investorsThursdayto be careful when putting their real money into virtual money. The North American Securities Administrators Association released a statement outlining the weaknesses of cryptocurrencies, such as bitcoin, as well as futures contracts and other financial products based on them. NASAA said cryptocurrencies have little regulatory oversight, are subject to hacks, are not insured by the Federal Deposit Insurance Corporation, are highly volatile and are created by unregulated companies.(InvestmentNews)
State securities regulators warned investorsThursdayto be careful when putting their real money into virtual money. The North American Securities Administrators Association released a statement outlining the weaknesses of cryptocurrencies, such as bitcoin, as well as futures contracts and other financial products based on them. NASAA said cryptocurrencies have little regulatory oversight, are subject to hacks, are not insured by the Federal Deposit Insurance Corporation, are highly volatile and are created by unregulated companies.(InvestmentNews)
State regulators warn investors about cryptocurrency dangers
State securities regulators warned investorsThursdayto be careful when putting their real money into virtual money. The North American Securities Administrators Association released a statement outlining the weaknesses of cryptocurrencies, such as bitcoin, as well as futures contracts and other financial products based on them. NASAA said cryptocurrencies have little regulatory oversight, are subject to hacks, are not insured by the Federal Deposit Insurance Corporation, are highly volatile and are created by unregulated companies.(InvestmentNews)
Fine by me, as long as they don't fuck with it.
Co founder of Ripple most likely took a billion+ off in dollar value the other day. High of 3.84 low of 3.15 with over $8 billion in dollar volume. He owns 15 billion coins. Maybe he didn't and wants to become the worlds first trillionaire. Unlike stocks, owners of these coins don't have to file before they sell. Founder of bitcoin hasn't even accessed his wallet in 8 years so rumor is he's dead.
