I don’t hear about Bitcoin as often as I did a couple years ago, but I was turned onto an article a few weeks ago that had me immediately intrigued.
Like most things in 2013, everything was being bought at an aggressive pace, including Bitcoins. For the last two years, the enthusiasm turned to discouragement, but late last year saw an impressive rally that has me really looking down this chart for the possibility of investing.
There are some easy to map sentiment-like movements over the last few years. I opened a Coinbase account today and am thinking of participating here.
Anyone out there own or trade these actively?
OA
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Gbtc
So thin, but thought about it.
GBTC is gay. wait for the winklevi twins etf to come out
I bought 100 in the low 200’s. Sold 50 recently so I’m in for free. I will hold those for at least 10 years. Coinbase is good, they even have a “coinbase exchange” for trading, but it’s pretty elementary.
I always keep a few BTC in my purse.
While mining for chicks on the interwebs, I mine a little coin too, bro.
It’s cheaper to convert USD to BTC than to mine it, with my computer systems.
That Russell that was divergent from the S&P and Dow earlier is starting to come together. It really seems that the Russell is the guide as of late; it anticipated the move down yesterday as well. What makes me cautious at the moment is trap: run up into the Fed meeting minutes release, only to get smacked right back down.
ItBit is a competitior to coinbase and as far as its Board….its stacked. Run by some of the most influential people in banking. Don’t know if ItBit is conducive to trading though.
fade the initial move
Not trading, just holding. 23BTC for the long haul. There are two many different contributing factors from around the world for me to want to trade Bitcoin.
what the fuck happened?
Damn Fed again.
Following T. Jefferson into $CREE.
Jeff – thoughts on CHD option activity?
People buying calls on Chode?
ha ha. Church & Dwight. Looks like a buyout given volume, premiums and time.
That reversal though usually leaves trapped buyers above.
heavy July 105’s. This is a boring, old man stock. Something is up
16+ VIX….that was quick. Break out the Kenny Loggins?
I’ve been looking at this recently too.
http://www.nasdaq.com/article/bitcoins-rival-ethereums-rapid-rise-cm599637
There’s a bid in weed stocks…CANV getting ready to pop and TRTC may have bottomed
Pump that crap elsewhere.
I own $50 USD of bitcoin.
Pump that crap elsewhere.
This is literally a post asking about bitcoin. I’m not sure an ‘elsewhere’ more approriate exists.
http://positivemoney.org/2014/04/bitcoins-fatal-design-flaws/
Thank you.
I only buy them when I need to spend them. Speculating on a digital currency whose only basis in value is determined by what people think they are worth seems like madness to me.
There’s strategy in betting against what others think, as opposed to value.
The ‘value’ is in the nearly friction less, zero trust global network for exchanging value that Bitcoin represents. The Bitcoins themselves are required for the network to function, but are not the purpose per se. What is a global, robust, anti-fragile, low cost and validated network capable of transacting value with anyone, anonymously 24/7 worth? The total market cap of Bitcoin should eventually reflect this value, since owning Bitcoins is a requirement for participation.