Originally posted by Etxbuckman
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Bitcoin...Cryptocurrency
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I am really impressed with you guys that got on the bitcoin bandwagon......love to see that kind of success!
Originally posted by hooligan View PostI grabbed some. I’ve wasted money on dumber things if something goes south. If it turns around and goes even to $1 I’ll be really happy. Even if it gets half the traction of litecoin would be nice
Originally posted by donpablo View PostI’ve been learning more and more about crypto currency and although I was skeptical at first, I really do believe it is the way of the future. They have even set up systems for borrowing and lending as well as for wiring money internationally with extremely nominal fees.
I also think with the ever increasing repression of all things conservative someone (likely Trump) will soon be catering to websites/social media/and likely crypto that doesn’t discriminate (assuming there are or will be crypto’s that do). I’m curious whether these assets can be seized by the soon-to-be fascist government?
What do y’all think of these services where you can deposit crypto and earn interest?
Speaking of, if you want some free crypto, follow either of the links below and do the tutorials to learn and earn:
https://www.coinbase.com/join/davila_u6h
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Bitcoin may be taking a nose dive again..maybe. It's really hard to tell.
But Grayscale (GBTC) has been buying thousands of BTC each day. So has other funds. This is just a guess but it may be because too many people that can't buy bitcoin itself pile into the stock. So if BTC continues down and GBTC starts selling BTC it may tank.
My line of thinking is along the lines of how once stocks tank they continue lower and lower. Stock lower - harder to stay a float = go even lower - repeat.
Granted I really have no clue and this is a total WAG.
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Originally posted by RiverRat1 View PostBitcoin may be taking a nose dive again..maybe. It's really hard to tell.
But Grayscale (GBTC) has been buying thousands of BTC each day. So has other funds. This is just a guess but it may be because too many people that can't buy bitcoin itself pile into the stock. So if BTC continues down and GBTC starts selling BTC it may tank.
My line of thinking is along the lines of how once stocks tank they continue lower and lower. Stock lower - harder to stay a float = go even lower - repeat.
Granted I really have no clue and this is a total WAG.
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Originally posted by jer_james View PostWhat platform are you guys using to buy/sell? Still a lot of Coinbase?
If anyone wants to move trading platforms, www.bittrex.com is pretty easy to navigate and the app is a snap to learn Please use my referral code 5XP-UUP-NYP Let me know you did and we can discuss some kickbacks... ;-)
Todd
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Originally posted by RiverRat1 View PostToday/tomorrow could be reverse or upside capitulation. Meaning the top and it starts tanking.
Looks like bitcoin related stocks exploded today. A lot of oldies like XNET, XALL, and MFHOriginally posted by RiverRat1 View PostMy first charting look says BTC will hit 50-60k
But I'm selling off stuff as I can because no matter what/when it will fall fast at some point.Originally posted by RiverRat1 View PostEntered bear market according to charts. That may have been the top.
I only had 2 coins. When I said I was selling I meant stocks (bitcoin related).Originally posted by RiverRat1 View PostYou're close to the pattern. The last fall was 20k down to 4k. I think this time it will go 43k down to +/- 10k But with banks buying it may not fall as much this time..I'll start buying back at 17k this time.
It will be tough because by the time it gets that low it's on no one's brain. Out of favor etc.. Just makes it tough to remember and buy!Originally posted by rtp View PostYou definitely hedged your call but it is tanking big time today.
My original chart guess for a top was 50-60k. But things change as it plays out.
It's BTC so anyones guess. LOL
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