-
-
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
20% Off Annual Premium Subscriptions!*
Ends Jan 18... Click Here For More Information
* For new or current subscribers -
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
Bitcoin
- Thread starter James48843
- Start date
It's not a huge list, but it's growing, ad I hear bitcoin cash is catching up quickly...
Who Accepts Bitcoins As Payment? List of Companies, Stores, Shops
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
Who Accepts Bitcoins As Payment? List of Companies, Stores, Shops
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
RealMoneyIssues
Well-known member
Just... frustrated...
Sent from my S9+ using Tapatalk
Sent from my S9+ using Tapatalk
nnuut
Moderator | TSP Legend
Bitcoin bloodbath nears dot-com levels as many tokens go to zero
Adam Haigh and Eric Lam, Bloomberg
Published 8:36 am, Friday, June 29, 2018
Bitcoin's meteoric rise last year had many observers calling it one of the biggest speculative manias in history.
The cryptocurrency's 2018 crash may help cement its place in the bubble record books.
Down 70 percent from its December high after sliding for a fourth straight day on Friday, bitcoin is getting ever-closer to matching the Nasdaq Composite Index's 78 percent peak-to-trough plunge after the U.S. dot-com bubble burst. Hundreds of other virtual coins have all but gone to zero -- following the same path as Pets.com and other red-hot initial public offerings that flamed out in the early 2000s.
While bitcoin has bounced back from bigger losses before, it's far from clear that it can repeat the feat now that much of the world knows about cryptocurrencies and has made up their mind on whether to invest. Bulls point to the Nasdaq's eventual recovery and say institutional investors represent a massive pool of potential cryptocurrency buyers, but regulatory and security concerns have so far kept most big money managers on the sidelines. [more]
https://www.sfgate.com/business/article/Bitcoin-bloodbath-nears-dot-com-levels-as-many-13037337.php
Adam Haigh and Eric Lam, Bloomberg
Published 8:36 am, Friday, June 29, 2018
Bitcoin's meteoric rise last year had many observers calling it one of the biggest speculative manias in history.
The cryptocurrency's 2018 crash may help cement its place in the bubble record books.
Down 70 percent from its December high after sliding for a fourth straight day on Friday, bitcoin is getting ever-closer to matching the Nasdaq Composite Index's 78 percent peak-to-trough plunge after the U.S. dot-com bubble burst. Hundreds of other virtual coins have all but gone to zero -- following the same path as Pets.com and other red-hot initial public offerings that flamed out in the early 2000s.
While bitcoin has bounced back from bigger losses before, it's far from clear that it can repeat the feat now that much of the world knows about cryptocurrencies and has made up their mind on whether to invest. Bulls point to the Nasdaq's eventual recovery and say institutional investors represent a massive pool of potential cryptocurrency buyers, but regulatory and security concerns have so far kept most big money managers on the sidelines. [more]
https://www.sfgate.com/business/article/Bitcoin-bloodbath-nears-dot-com-levels-as-many-13037337.php
userque
Well-known member
Remember them:
This family bet it all on bitcoin
https://www.cnbc.com/2017/10/17/this-family-bet-it-all-on-bitcoin.html
As best as I can tell, they are still hodling. They didn't sell.
This family bet it all on bitcoin
https://www.cnbc.com/2017/10/17/this-family-bet-it-all-on-bitcoin.html
As best as I can tell, they are still hodling. They didn't sell.
Frixxxx
Moderator
Bitcoin Crash Brings GPU Price Cuts For Gamers Ahead Of NVIDIA GeForce GTX 11 Turing Launch
https://hothardware.com/news/bitcoin-crash-gpu-price-cuts-ahead-nvidia-geforce-gtx-11-turing-launch
It's been a tough year for gamers who needed to upgrade their GPU, but were stopped dead in their tracks by inflated price tags and a general shortage on most mid-range and high-end graphics cards. Thankfully, that is mostly in the rear view mirror. One of the reasons why is because Bitcoin and other cryptocurrencies have become less profitable to mine, and subsequently plummeted in value.
Consider that Bitcoin was trading for nearly $10,000 in parts of April and May. Before that, it had approached $20,000 and had investors talking about an eventual $50,000 or even $100,000 value on the horizon. Instead, it came crashing down is fast approaching a less-than-$5000 trading price (it's currently at $6,171 and falling). Sure, it might rebound at some point, but for there is some relief for gamers.
Read more at https://hothardware.com/news/bitcoi...orce-gtx-11-turing-launch#ygKtxsYOfZoyCcfy.99
https://hothardware.com/news/bitcoin-crash-gpu-price-cuts-ahead-nvidia-geforce-gtx-11-turing-launch
It's been a tough year for gamers who needed to upgrade their GPU, but were stopped dead in their tracks by inflated price tags and a general shortage on most mid-range and high-end graphics cards. Thankfully, that is mostly in the rear view mirror. One of the reasons why is because Bitcoin and other cryptocurrencies have become less profitable to mine, and subsequently plummeted in value.
Consider that Bitcoin was trading for nearly $10,000 in parts of April and May. Before that, it had approached $20,000 and had investors talking about an eventual $50,000 or even $100,000 value on the horizon. Instead, it came crashing down is fast approaching a less-than-$5000 trading price (it's currently at $6,171 and falling). Sure, it might rebound at some point, but for there is some relief for gamers.
Read more at https://hothardware.com/news/bitcoi...orce-gtx-11-turing-launch#ygKtxsYOfZoyCcfy.99
I've been holding onto 1 bitcoin and just sold it this morning. On my last "trade" I had bought 2 near $9914 and sold one when it dipped into the $9300 area. Held one that was obviously pounded below $6000 recently, so I am taking this spike higher as an opportunity to sell. $8229.
I hate when trades turn into buy and holds.
I still have several Ethereum and that's still a hold since that one got away from me too and I am way under water on my last purchase at $738. Currently $476. :blink:
I hate when trades turn into buy and holds.
I still have several Ethereum and that's still a hold since that one got away from me too and I am way under water on my last purchase at $738. Currently $476. :blink:
bmneveu
Well-known member
Will you consider buying Bitcoin again, or are you off the ride for good?
uscfanhawaii
Active member
And along with that question, why did you sell just as it starts to climb? I am still underwater with GBTC, but I sure don't want to sell now if I can avoid it.
I will definitely buy it again. I just saw too many big rallies where I froze, only to see the gain evaporate. Look how similar the pattern is to the one prior. This may indicate another push higher in a couple of days, so I'm thinking about that.
It's just easier to think straight once I was flat. Now I'll be looking for an opportunity.
By the way I sold a lot GBTC today but kept the shares I have in my IRA. I plan to buy it back again as well. When, is the question.
Winklevoss twins bitcoin ETF rejected by SEC
https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
That news about the Winklevoss ETF just got my limit order filled at $7884.
RealMoneyIssues
Well-known member
Exactly, crypto, a complete waste of time and money. I am sure the rich got richer. While I did not.
Sent from my S9+ using Tapatalk
Sent from my S9+ using Tapatalk
I don't know. This pattern has played out many times since bitcoin's inception. Same fear and greed, just more participants today. It's been quite a ride for those "hodling" but anyone who bought prior to mid-2017 is doing fine. Greed gets to buyers when it goes parabolic. I assume fear will get many of them on this current decline as well.
The red arrows show where the prior chart left off...
Is this a buy signal? 
Top technical analyst says it could be 'game over' for bitcoin
https://www.cnbc.com/2018/08/09/top-technical-analyst-says-it-could-be-game-over-for-bitcoin.html
Top technical analyst says it could be 'game over' for bitcoin
https://www.cnbc.com/2018/08/09/top-technical-analyst-says-it-could-be-game-over-for-bitcoin.html
uscfanhawaii
Active member
Is this a buy signal?
Top technical analyst says it could be 'game over' for bitcoin
https://www.cnbc.com/2018/08/09/top-technical-analyst-says-it-could-be-game-over-for-bitcoin.html
To continue this discussion on if it's a good time to buy.....
Yesterday I picked up 500 shares of GBTC EFT @ $9.20. Today it closed around $9.70! 5% in one day is not bad....just needs to continue.
Especially in my case. Prior to this buy, I had bought at $16.50 and again at $14.50. At least I lowered my cost basis a little. I like my chances going forward.....anyone hear the prediction of Bitcoin heading up to $60K within 5 years???
Didn't think so.
Similar threads
