Bold Seagull
strong and stable with me, or...
It's got a real feel of the dot com bubble.
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[Finance] The cryptocurrency (Bitcoin etc) thread
- Thread starter Sirius76
- Start date
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 72,322
That sounds familiar. As in every speculative bubble ever. Ever heard of the Greater Fool Theory?
- Thread starter
- #44
Well its use is growing and there is an ETF on the New York Stock Exchange being reconsidered: http://www.reuters.com/article/us-bitcoin-etf-idUSKBN17R27J . That was denied a few weeks back but didn't really affect the price too much when it was denied. Japan has in the last month or so enacted a law to make it into money there with all the normal regulations : http://www.coindesk.com/japan-bitcoin-law-effect-tomorrow/
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- Thread starter
- #45
Ethereum price back down to $90....should go back to $100 soon......another 10%? I'm gonna buy some with coinbase. Bitcoin still going up to around $1600 now.
Also saw this about Japan: https://news.bitcoin.com/the-japanese-using-bitcoin-expected/
Also saw this about Japan: https://news.bitcoin.com/the-japanese-using-bitcoin-expected/
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- Thread starter
- #46
https://www.reddit.com/r/Bitcoin/comments/6a1wca/1700_on_coinbase/
http://www.cnbc.com/2017/05/08/bitcoin-price-hits-record-high-and-4000-is-ahead-investor-says.html
"In the 8- to 14-month horizon, my forecast would be around $4,000," Masters told CNBC.
Others also expect high prices. Gatecoin's Menant said prices should climb beyond $3,000 this year.
http://www.cnbc.com/2017/05/08/bitcoin-price-hits-record-high-and-4000-is-ahead-investor-says.html
"In the 8- to 14-month horizon, my forecast would be around $4,000," Masters told CNBC.
Others also expect high prices. Gatecoin's Menant said prices should climb beyond $3,000 this year.
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- Thread starter
- #47
It's going nuts at the mo close to $1800 : https://coinmarketcap.com/currencies/bitcoin/ must get corrected down soon....but will then go up probably.... I wonder where you can bet on it going down?
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 72,322
Might want to make sure you don't suddenly find all your money vanishing into the ether
http://www.coindesk.com/digital-currency-exchange-celery-freezes-deposits-withdrawals/
- Thread starter
- #49
It's best just to use a wallet like Electrum to keep your coins secure. The exchanges are handy sometimes for quickly buying or selling different currencies and I don't think coinbase.com is going to have any problems. Instead of keeping a balance in the exchange you can just transfer it to an offline wallet I suppose.
GingerBeerMan
3-0
- Dec 29, 2011
- 8,204
This thread is clearly advertising [MENTION=6886]Bozza[/MENTION], 80 posts and about half on this thread.
Bold Seagull
strong and stable with me, or...
Have you gone in for anymore!? Mental.
FatSuperman
Well-known member
- Feb 25, 2016
- 2,922
How dare you, pump and dump schemes aren't advertising!!!
Only kidding Sirius, good on you! I hope you de-risk before the next crash (which to be fair could be a crash from $10,000 to $5,000). I always end up waiting too long in investments, every bloody time!
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 72,322
Might be prudent to cash in some of your stake sometime soon for a guaranteed serious profit, and just leave whatever-you-can-afford-to-lose to ride, because when the market turns it will PLUMMET almost instantly and you'll be lucky to get out in a cost-effective fashion because every single bitcoin owner will be scrambling to do likewise. Obviously hugely difficult to call the top of the market, but some of the comments on some of the messageboards strongly suggest that The Greater Fool is warming up on the touchline.
- Thread starter
- #57
Bitcoin has hit $2000 now I think on www.coinmarketcap.com which is the highest ever so not sure what is next as it's doubled this year already.
Ethereum stayed on around $90 for much longer than I thought but jumped to around $130 today (up 33% in 24 hours).
Ethereum stayed on around $90 for much longer than I thought but jumped to around $130 today (up 33% in 24 hours).
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LowKarate
New member
Thanks for keeping us all right up-to-date with this.
I'm glad it is working well for you (other less experienced investors should note that investments may go up as well as crash).
It's not an investment for me, which is why I'm off to Hartlepool to buy a pair of exploding trousers.
happypig
Staring at the rude boys
I tried to buy some and the site wanted me to send photos of my passport or driving license. Don't fancy that much, is there a way to buy without having to set up an account and all that pullaver ?
- Thread starter
- #60
On coinbase I just went through that.... it's best to select the mobile phone camera as they send a link as a text message to your phone and you can send a pic of the passport that you've taken with your phone already. The webcam verification never seemed to work. With localbitcoins.com you could just set up an Electrum wallet (I have the portable windows version but it is also an android app) and get some locally for cash or bank transfer.