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Thread: Bitcoin Cracks $5000

  1. #361

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    Quote Originally Posted by Mordan View Post
    lol i can already see your brain explode when Bitcoin reaches 20k in a few weeks.
    I wonder if bitcoin can contain itself and stay under $20k before 2018?
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."



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  3. #362

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    Futures start trading Sunday night. 90RSI. A short term top is likely by the next two days after the wide range today. 20%+ pullback highly likely from the high of tomorrow.

  4. #363

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    $14,250
    Last edited by dannno; 12-06-2017 at 04:59 PM.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  5. #364

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    many years ago i was rooting for Gold to take over the Dow Jones...

    now Bitcoin will avenge it. i can feel it.

  6. #365

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    Quote Originally Posted by Mordan View Post
    TheTexan. you keeping joking around. What's your official stance on crypto?
    Crypto's uses are limited to drug dealing, tax evasion, and general anarchism

    And thusly should be banned.

    Official position.
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Rand Paul (Vice Pres) 2016!!!!

  7. #366

  8. #367

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    Another example of a major company dropping Bitcoin due to volatility.

    Steam Ends Support For Bitcoin
    https://www.polygon.com/2017/12/6/16...oin-volatility
    Valve is ending support for Steam purchases made with bitcoin, the company said today, citing “high fees and volatility” in the value of the cryptocurrency.

    “It has become untenable to support Bitcoin as a payment option”
    If it is no longer going to be a viable payment solution due to volatility and the technology is to limited for banking and/or the tech is too limited compared to the competition then what are we looking at here long term? How long can this trajectory last?

  9. #368

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    Quote Originally Posted by kahless View Post
    Another example of a major company dropping Bitcoin due to volatility.

    Steam Ends Support For Bitcoin
    https://www.polygon.com/2017/12/6/16...oin-volatility


    If it is no longer going to be a viable payment solution due to volatility and the technology is to limited for banking and/or the tech is too limited compared to the competition then what are we looking at here long term? How long can this trajectory last?
    Everybody makes mistakes.. they should be accepting it and holding as much as they can.

    Tx fees won't be an issue with the lightning network.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  10. #369

    Default

    Quote Originally Posted by kahless View Post
    Another example of a major company dropping Bitcoin due to volatility.

    Steam Ends Support For Bitcoin
    https://www.polygon.com/2017/12/6/16...oin-volatility


    If it is no longer going to be a viable payment solution due to volatility and the technology is to limited for banking and/or the tech is too limited compared to the competition then what are we looking at here long term? How long can this trajectory last?
    Seems like the perfectly wrong time to do that..

  11. #370

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    $14,420

    Up 75% from Thanksgiving week. Not sure what kind of annualized APR that would be..

  12. #371

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    Quote Originally Posted by dannno View Post
    I wonder if bitcoin can contain itself and stay under $20k before 2018?
    What I don't understand is why is just keeps going up. Can't the market simply present value the long position and just set the appropriate price point now? If it's going to be $20,000 by February why not just make it $20,000 today? Or $19,674 or whatever the discounted amount would be.
    Last edited by anaconda; 12-07-2017 at 02:45 AM.

  13. #372

  14. #373

  15. #374

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    Quote Originally Posted by anaconda View Post
    $14,900
    lol

  16. #375

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    Quote Originally Posted by TheTexan View Post
    Crypto's uses are limited to drug dealing, tax evasion, and general anarchism

    And thusly should be banned.

    Official position.
    i think you forgot making people crazy.. on both sides of the equation.

  17. #376

  18. #377

  19. #378

  20. #379

    Default

    Quote Originally Posted by Mordan View Post
    OMG. You are officially insane. just hedge with 1% of your net worth
    I don't give money to Korean thieves. Still avoiding my question?



    No biggie only $60 million stolen this time. Or Slovenian thieves...
    http://abcnews.go.com/Technology/wir...allet-51636976

    A bitcoin mining company in Slovenia has been hacked, for the possible theft of tens of millions of dollars, renewing questions about the security of the virtual currency just days before it is due to start trading on major U.S. exchanges.
    Last edited by devil21; 12-07-2017 at 05:08 AM.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks Fishing Boat Rentals

  21. #380

    Default

    Quote Originally Posted by devil21 View Post
    I don't give money to Korean thieves. Still avoiding my question?



    No biggie only $60 million stolen this time. Or Slovenian thieves...
    http://abcnews.go.com/Technology/wir...allet-51636976
    lol reading abc news.. like reading cnn for any balanced commentary on Trump

  22. #381

  23. #382

    Default

    Quote Originally Posted by Mordan View Post
    lol reading abc news.. like reading cnn for any balanced commentary on Trump
    Where are you from Mordan?

    I have confirmed you are not American. Where in Europe are you? I'm betting Balkans. Slovenia? Croatia?

    Confirms that foreigners are posting on American forums trying to entice Americans to dump their dollars into worthless bitcoin exchanges so third world foreigners in $#@! hole countries can steal them then blame "hackers".
    Last edited by devil21; 12-07-2017 at 05:56 AM.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks Fishing Boat Rentals

  24. #383

    Default

    Quote Originally Posted by devil21 View Post
    Where are you from Mordan?

    I have confirmed you are not American. Where in Europe are you? I'm betting Balkans. Slovenia? Croatia?

    Confirms that foreigners are posting on American forums trying to entice Americans to dump their dollars into worthless bitcoin exchanges so third world foreigners in $#@! hole countries can steal them then blame "hackers".
    well can't americans live abroad? Besides I am doing you a favor. Crypto is a wealth transfer. If americans, japaneese or whatever don't buy it. they will be poorer when and IF Bitcoin succeeds.

    I am not saying Bitcoin will succeed. But hedge your bets.

  25. #384

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    For any real RPF members putting money into this thing, ^^^^this is who you're taking advice from. When they blame "hackers" for stealing the coins/money, they're telling the truth. What they're not saying is that they are the hackers. Turn your investment into metals asap while you still can.
    Last edited by devil21; 12-07-2017 at 07:42 AM.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks Fishing Boat Rentals

  26. #385

  27. #386

    Default

    16170

    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Rand Paul (Vice Pres) 2016!!!!

  28. #387

    Default

    $16,730
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  29. #388

    Default

    Quote Originally Posted by dannno View Post
    $16,730
    $19,191... isn't this FUN?? lol
    There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
    -Major General Smedley Butler, USMC,
    Two-Time Congressional Medal of Honor Winner
    Author of, War is a Racket!

    It is not that I am mad, it is only that my head is different from yours.
    - Diogenes of Sinope

  30. #389

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    19.7 k all time high on GDAX. Americans are buying!!! Good on them!

  31. #390

    Default

    Quote Originally Posted by jllundqu View Post
    $19,191... isn't this FUN?? lol
    Wow, 19,340 -> 15,100 now back up over 16,000
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

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