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Thread: Bitcoin $781.41

  1. #61
    Jack's Mentor Sportsaholic's Avatar
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    Quote Originally Posted by yyz View Post

    I've been wrong plenty before though!
    Quote Originally Posted by REFLOG View Post

    That's cold..........

  2. #62
    Registered User REFLOG's Avatar
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    Quote Originally Posted by Sportsaholic View Post
    That's cold..........
    nah, mid 50's here today
    “Two things are infinite: the universe and human stupidity and I'm not sure about the universe.”
    - Albert Einstein

  3. #63
    ale connoisseur redsfann's Avatar
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    Quote Originally Posted by hedgehog View Post


    How much lower will it go? It's going to be a bumpy ride I guess
    This is why I use Bitcoin to move money and not for anything else.
    But if you're treating it as just another gamble-- like buying penny stocks-- then let it ride and see what happens


    Sent from my iPhone using Tapatalk
    "Live the full life of the mind, exhilarated by new ideas, intoxicated by the romance of the unusual."

    Ernest Hemingway

  4. #64
    Quote Originally Posted by REFLOG View Post
    nah, mid 50's here today
    happy birthday

  5. #65
    Jack's Mentor Sportsaholic's Avatar
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    Quote Originally Posted by REFLOG View Post
    nah, mid 50's here today
    Quote Originally Posted by JOSHNAUDI View Post
    happy birthday






    Enjoy......










  6. #66
    Administrator . MadJack's Avatar
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    It's still higher than it was when I started the thread. I'm fine with the move for now.

  7. #67
    Registered User airportis's Avatar
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    Quote Originally Posted by redsfann View Post
    This is why I use Bitcoin to move money and not for anything else.
    But if you're treating it as just another gamble-- like buying penny stocks-- then let it ride and see what happens


    Sent from my iPhone using Tapatalk

    yeah this was an expensive lesson I learned the other day when the damn price crashed. unless youre going to gamble on its price, keep it as btc for as short a time as possible. i didnt think about this and have some sitting in btc now waiting for bitpay card to arrive. price has gone up slightly today but nothing like it was. lesson learned for sure.

  8. #68
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    Quote Originally Posted by redsfann View Post
    This is why I use Bitcoin to move money and not for anything else.
    But if you're treating it as just another gamble-- like buying penny stocks-- then let it ride and see what happens


    Sent from my iPhone using Tapatalk
    I keep my gambling money separate from my money I have in savings, investments, checking. I wanted a place to put it, not in my safe at home that could possibly go way up until I needed it to fund my sports gambling accounts, with my picks lately it will be sooner than later. I should not need it until next August, so I am going to let it ride

  9. #69
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    993.98 at the moment

  10. #70
    Administrator . MadJack's Avatar
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    $1054.31. Glad I didn't pull out. I'm hoping for highs to be made this round.

  11. #71
    Administrator . MadJack's Avatar
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    $1120

  12. #72
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    $1,251.32



    Jack,

    At what point do you think we should look at selling some? 1,500 I put mine in when bitcoin was about 500

  13. #73
    Under .500 yyz's Avatar
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    Quote Originally Posted by hedgehog View Post
    $1,251.32



    Jack,

    At what point do you think we should look at selling some? 1,500 I put mine in when bitcoin was about 500


    I think you should hold out, then when it tanks again, you can bitch about how you, "shoulda coulda woulda".


    Why don't you take a thousand out? You will have doubled your input, and still have some fun money to watch.
    Hope in one hand, and shit in the other.......See which one fills up faster.


    TRE45ON

  14. #74
    Jack's Mentor Sportsaholic's Avatar
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    Quote Originally Posted by yyz View Post
    I think you should hold out, then when it tanks again, you can bitch about how you, "shoulda coulda woulda".


    Why don't you take twenty out? You will have doubled your input, and still have some fun money to watch.


    Fixed your post............

  15. #75
    Say Parlay Terryray's Avatar
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    Yesterday, bitcoin for the first time was worth more than gold.....talking head on the radio said most of the upward price pressure was Chinese moving into it, trying to skirt strict state currency controls...

  16. #76
    Quote Originally Posted by Terryray View Post
    Yesterday, bitcoin for the first time was worth more than gold.....talking head on the radio said most of the upward price pressure was Chinese moving into it, trying to skirt strict state currency controls...

    This

    And I'm the liberal

    Economics is not my strong point but the Chinese influence on the Bitcoin is enough for me to be skeptical of the long term run of the digital currency.

    I believe that we will have a global currency at some point, just like we currently have DVR's to record our favorite shows and Facebook to keep up with friends through Social Media. I just think that Bitcoin may be the Beta Max/Myspace of the online currency world and that a less volatile, more defined option will be available one day.

    That being said, Woodson believes firmly that Bitcoin is the future and the dude has more experience and knowledge then anyone I know on the subject. It makes it hard for me to speak against my gut because my respect for Woodson and faith in Bitcoin are polar opposites. Looked at another way would be my mind is rooting for Hedgie but my heart believes Jaek is making a mistake. Vice versa also applies.

  17. #77
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    Short history of Bitcoin and gold parity

    "Living is easy with eyes closed, misunderstanding all you see"

    John Lennon, Strawberry Fields.

  18. #78
    Administrator . MadJack's Avatar
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    Bitcoin plunges sharply and suddenly

    Bitcoin plunged by more than $100 in a matter of minutes on Tuesday morning. The cryptocurrency was down about 1.5% at $1,260 a coin just after 6 a.m. ET before tumbling below $1,160 within 30 minutes. As of 7:12 a.m. ET it was down 5%, or $62, near $1,218 a coin.
    While no headlines can be directly tied to the plunge, about two hours earlier a Bloomberg headline cited a People's Bank of China official as suggesting the recent bitcoin regulation wasn't temporary.
    The PBOC recently announced it was cracking down on bitcoin trading, and China's largest bitcoin exchanges have since introduced a flat 0.2% fee on each transaction and announced a blockage of withdrawals.
    Tuesday's sell-off could also be tied to nervousness over a coming Securities and Exchange Commission ruling. The SEC is expected to issue a ruling on whether it will approve at least one of the three proposed bitcoin-focused exchange-traded funds by a Saturday deadline.
    The price of bitcoin has rallied 27% in 2017 after gaining 120% in 2016. Bitcoin has been the top-performing currency in each of the past two years.

  19. #79
    Administrator . MadJack's Avatar
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    Currently back up to $1236.55

  20. #80
    Administrator . MadJack's Avatar
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    BTC gonna either jump or dive in the next 24 hours.

    I'm staying put hoping for the jump. I'm not usually lucky with these things.

    https://cointelegraph.com/news/vinny...n-etf-decision

  21. #81
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    Bitcoin prices saw a significant price spike this morning, briefly shooting above $1,300 to hit a new all-time high.
    Markets peaked at an average of $1,325.81, according to the CoinDesk Bitcoin Price Index (BPI), before falling sharply back below that level to hit a daily low of $1,178.54. The price drop appears to have been seen most directly on digital currency exchange Bitfinex, reaching $1,120, BPI data shows.
    At press time, the price is an average of $1,263.98, BPI data shows.
    The price developments come as the US Securities and Exchange Commission nears a decision on a rule change that would clear the way for a proposed bitcoin exchange-traded fund (ETF). That decision is expected today, though as of press time, the agency has yet to release any information regarding the ETF.

  22. #82
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    I donated my original deposit into bitcoin to betagame yesterday for the March Madness contest, so I only have profit in there...Letting it ride

    Thanks for the update Jack

  23. #83
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    Bitcoin is crashing after the US Securities and Exchange Commission rejected the Winklevoss twins' exchange traded fund (ETF). The cryptocurrency plunged more than 16% in the moments after the decision was released, and is now down 14%, or $192, at $100 a coin.

  24. #84
    Administrator . MadJack's Avatar
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    Nice rebound. I'm happy.

  25. #85
    More volatile than a 1st marriage

  26. #86
    Registered User Redhog's Avatar
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    Quote Originally Posted by MadJack View Post
    Nice rebound. I'm happy.
    Plummeted again after that nice rally!

  27. #87
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    Quote Originally Posted by Redhog View Post
    Plummeted again after that nice rally!
    $1132.73

  28. #88
    Administrator . MadJack's Avatar
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    $1213.99

  29. #89
    Administrator . MadJack's Avatar
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    Shits going to $3000 this year.

  30. #90
    Registered User Redhog's Avatar
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    Quote Originally Posted by MadJack View Post
    $1213.99
    Nice run-back.

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