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-   -   Bitcoin now at 10000+ (https://gfy.com/showthread.php?t=1285680)

Smack dat 11-29-2017 12:20 AM

Bitcoin now at 10000+
 
10400+ when I last looked. So much for the big seek of I resisted huh, I suck.

Paul&John 11-29-2017 01:21 AM

This thing should skyrocket in the upcoming days!

PornDiscounts-V 11-29-2017 01:30 AM

If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.

Bitcoin and others are about speculative investing. Yes, you can buy and hold. But unlike IPO investing, you won't get dividends.

So you need to invest like a junk bond trader. Buy low, sell high.

adultchatpay 11-29-2017 01:33 AM

Everyone will now buy bitcoin,. it is going mainstream sort of.
But any investment that grew so much in a short period of time will eventually burst.
When? I don't know.
As of now, ride with the craze and make money while it last.

rowan 11-29-2017 01:50 AM

Quote:

Originally Posted by PornDiscounts-V (Post 22088889)
If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.

If history is going to repeat, even a crash (with an unrealised loss) would not be catastrophic, because the value would eventually recover and then continue to climb even higher. It's happened about 4 or 5 times now.

Two things to consider:

1. This particular ride up is more significant than previous crash-recover-climb cycles, and because of the explosion in value everyone's hearing about Bitcoin this, Bitcoin that. With more speculators the after-effects of the next crash could be quite different.

2. Past performance is not an indication of future performance.

rowan 11-29-2017 01:58 AM

With the value climbing so rapidly you could buy today, then sell off a little periodically to reduce your risk of losing all your capital. At this rate you could probably recover your initial investment within a month or two, then sit and do nothing as you watch the unrealised profits of the remaining balance grow. But there's still a risk of catastrophic loss until you reach that safety point.

Paul&John 11-29-2017 02:29 AM

Quote:

Originally Posted by PornDiscounts-V (Post 22088889)
If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.

Bitcoin and others are about speculative investing. Yes, you can buy and hold. But unlike IPO investing, you won't get dividends.

So you need to invest like a junk bond trader. Buy low, sell high.

There was a correction of some sort a few hours ago (went down from 10700+ to 10000+) I had a stop sell set at 10120 just in case it gets even deeper.

NatalieK 11-29-2017 04:26 AM

10900 atm :thumbsup

Caldo 11-29-2017 04:39 AM

wow amazing ... :pimp:pimp:pimp

pimpmaster9000 11-29-2017 04:59 AM

http://wac.450f.edgecastcdn.net/8045...1&s=0&a=t&q=89

Paul&John 11-29-2017 05:00 AM

Quote:

Originally Posted by crucifissio (Post 22089177)

It should say 'expensive' ;)

adultwebmestar 11-29-2017 06:12 AM

30.000 usd for Christmas?

pimpmaster9000 11-29-2017 06:21 AM

the price went up 10000$/day and everybody lived happily ever after...the most basic laws of economy decided to change and not rain on the parade...governments just decided that their death grip on power and money was a thing of the past...one micro satoshi was worth 100billion dollars :1orglaugh:1orglaugh:1orglaugh

what a fucking joke LOL...

Paul&John 11-29-2017 07:02 AM

Quote:

Originally Posted by crucifissio (Post 22089318)
the price went up 10000$/day and everybody lived happily ever after...the most basic laws of economy decided to change and not rain on the parade...governments just decided that their death grip on power and money was a thing of the past...one micro satoshi was worth 100billion dollars :1orglaugh:1orglaugh:1orglaugh

what a fucking joke LOL...

still not late to get in ;)

Kafka 11-29-2017 07:29 AM

Ethereum $513.76
Bitcoin Cash $1,667.82
Bitcoin Gold $351.41

pimpmaster9000 11-29-2017 07:44 AM

Quote:

Originally Posted by Paul&John (Post 22089354)
still not late to get in ;)

dude its rising at a 1000$/day :1orglaugh:1orglaugh:1orglaugh what could possibly go wrong? :1orglaugh:1orglaugh:1orglaugh

2MuchMark 11-29-2017 07:54 AM

It's absolutely not too late to get in. Don't forget that you don't need to buy a whole coin. You can buy just a couple of hundred dollars and do well.

For me I already own some BTC and BCH. I sold what I had in LTC (Litecoin) but it was a mistake because it's jumped from about $60 when I sold it, to $137 as I write this. I think I'll jump back in.

Paul&John 11-29-2017 08:46 AM

Quote:

Originally Posted by crucifissio (Post 22089429)
dude its rising at a 1000$/day :1orglaugh:1orglaugh:1orglaugh what could possibly go wrong? :1orglaugh:1orglaugh:1orglaugh

A little correction and we are back on track :1orglaugh:1orglaugh:1orglaugh

https://rollercoasterguy.github.io/i...oaster-guy.gif

tokmansta 11-29-2017 08:51 AM

Quote:

Originally Posted by crucifissio (Post 22089429)
dude its rising at a 1000$/day :1orglaugh:1orglaugh:1orglaugh what could possibly go wrong? :1orglaugh:1orglaugh:1orglaugh

https://twitter.com/bitfinexed

celandina 11-29-2017 09:14 AM

http://ct.fra.bz/ol/fz/sw/i56/2/11/1...ain-701779.jpg

onwebcam 11-29-2017 09:35 AM

Quote:

Originally Posted by tokmansta (Post 22089561)

"Liquidity is important folks. A 10 million sell, dropped the market cap of bitcoin by 20 billion 'dollars'. Even if you add up all exchanges... it's not going to add up to 20 billion."

pimpmaster9000 11-29-2017 09:47 AM

Quote:

Originally Posted by onwebcam (Post 22089663)
"Liquidity is important folks. A 10 million sell, dropped the market cap of bitcoin by 20 billion 'dollars'. Even if you add up all exchanges... it's not going to add up to 20 billion."

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh:1orglaugh:1orglaugh

MaDalton 11-29-2017 09:56 AM

I used to make jokes like some people here - I wish I didnt - now i got in 3 months ago and more than doubled my investment since then.

The Porn Nerd 11-29-2017 10:18 AM

I'm in baby!!!

https://gfy.com/fucking-around-and-pr...y-bitcoin.html

It may be "late" to get in BUT maybe it's not. Who knows. Let's check this time next year. The math will be easy! Got in at 10K and now BTC is worth......cha-ching?

CHA-CHING!!!

Google Expert 11-29-2017 10:25 AM

Quote:

Originally Posted by crucifissio (Post 22089177)

http://i.imgur.com/3OQ20S1.jpg

Google Expert 11-29-2017 11:45 AM

Quote:

Originally Posted by crucifissio (Post 22089690)
:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh:1orglaugh:1orglaugh

http://c2n.me/3PUMkIz.jpg

TheDynasty 11-29-2017 03:00 PM

Everything is down i suggest buying now.

Bladewire 11-30-2017 11:41 AM

^^^ Truth

NatalieK 11-30-2017 02:39 PM

Quote:

Originally Posted by TheDynasty (Post 22090446)
Everything is down i suggest buying now.

Quote:

Originally Posted by Bladewire (Post 22092414)
^^^ Truth

this :thumbsup

Bladewire 12-07-2017 05:28 PM

Quote:

Originally Posted by PornDiscounts-V (Post 22088889)
If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.

You still think it will tank at 12k?


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