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Bitcoin
- Thread starter James48843
- Start date
Looks like $9500 may be a mistake. Not sure. GDAX has it that high but coinbase still shows $3100.
FYI, if you held bitcoin during the Aug 1 fork you may have an equal amount of bitcoin cash - if you still have that private key written somewhere. I figured out how to get mine on coinbase / GDAX from my paper wallet.
James48843
Well-known member
Bitcoin falls by more than $4,000,
dropping through $12,000 mark
Now trading at: $ 11,574
https://www.cnbc.com/2017/12/21/bit...ency-falls-by-more-than-2000-in-12-hours.html
dropping through $12,000 mark
Now trading at: $ 11,574
https://www.cnbc.com/2017/12/21/bit...ency-falls-by-more-than-2000-in-12-hours.html
I did buy some bitcoin cash at $2000. Dangerous stuff.
OK, I won't bore you with anymore of this, but I just sold half by bitcoin cash for $2500. It rose 25% in less than an hour. Wild ride this morning.
bmneveu
Well-known member
Well done!
OK, I won't bore you with anymore of this, but I just sold half by bitcoin cash for $2500. It rose 25% in less than an hour. Wild ride this morning.
wouldn't let me buy premarket and by the time I got back from my dr's appointment it had hit my buy price and shot back above it. Missed the boat again.
uscfanhawaii
Active member
Dipping my toe in the crypto water!
I bought 5 shares of GBTC for $1690. It closed today at $1990.
$1500 in 4 hours. But of course, who knows what’s next?!? :cheesy:
I bought 5 shares of GBTC for $1690. It closed today at $1990.
$1500 in 4 hours. But of course, who knows what’s next?!? :cheesy:
bmneveu
Well-known member
Congratulations! Get ready for a love / hate relationship, but there's never a dull moment.
Taking out second mortgages would be a bold move. If the John McAfee's of the world are right, these people could be billionaires. Otherwise, they'll have some bitcoin that they can spend once the price stabilizes and more merchants start accepting it as payment. By the way, a monthly TSP Talk premium subscription is now just 0.00116675 btc per month. 
Right now, most don't want to consider spending it only because it could be worth twice (or half?) as much in a couple of months.
Right now, most don't want to consider spending it only because it could be worth twice (or half?) as much in a couple of months.
1965Vintage
Member
Keep a close eye on Iota. Tangle may very well replace the Blockchain!
It's a brave new world and change happens fast. Be prepared.
Knowledge is power.
It's a brave new world and change happens fast. Be prepared.
Knowledge is power.
Sounds interesting, but there's 2,779,530,283 already in circulation. It's kind of the yen of cryptos.
1965Vintage
Member
Yes, I agree. That's why I'm just watching and learning for now. (I have not traded for any yet) But the Tangle replacing Blockchain is the big worry for the other Crypros. IMO
Just to be safe, I spent my original BTC investment on a top of the line Roomba Robot from Overstock. All of the BTC I hold now is pure profit so no worries there, but if something does come along and start to replace BTC I hope to be early enough to profit from it. Everything moves so fast. It's hard for an old fart like me to keep up! But I keep trying! :laugh:
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