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You have the constant never ending verdicts that Bitcoin etc. is a scam, bubble, etc. and then you have some like this.
Why Bitcoin's Price Will Be Valued At $150,000 By The End Of 2018, According To An Expert. 2017 may be the last year middle-class people will still be able to afford to buy and hold on to a few bitcoins.
Growth in 2017 Hit 1000 Percent
Bitcoin started the year valued at $963 dollars each and has seen a staggering 1000 percent growth within the last 11 months. To put that into perspective, a $1000-dollar investment in Bitcoin is now worth more than $10,000. As an example, an investment in January equivalent to the price of an iPhone 7 could now buy you 10 of the iPhone X. The reason behind the staggering growth is the money that has been flowing into cryptocurrencies.
Demand Is Spiking at Rapid Speed
Coinbase, the San Francisco-bed Bitcoin exchange and the largest in the U.S., has more than 12 million user accounts and is estimate...
Coinbase has had some moderate severity bugs in their sign up / verification process for at least 3 months. That really worries me...if their programmers are either too busy, or just don't realize they have these bugs, well...neither reflects well on them.
Stuff like this doesn't make me feel comfortable giving them my info + money.
BTW, if you plan on investing (some say gambling) in cryptocurrency its recommended to store them on a hardware wallet (trezor, nano etc.). Hackers wont be able to access your currency as it's stored offline. " Trezor is an isolated environment for offline transaction signing and using a small display you can visually verify the transaction contents"
Holders of large amounts of bitcoin are often known as whales. And they’re becoming a worry for investors. They can send prices plummeting by selling even a portion of their holdings. And those sales are more probable now that the cryptocurrency is up nearly twelvefold from the beginning of the year.
About 40 percent of bitcoin is held by perhaps 1,000 users; at current prices, each may want to sell about half of his or her holdings, says Aaron Brown, former managing director and head of financial markets research at AQR Capital Management. (Brown is a contributor to the Bloomberg Prophets online column.) What’s more, the whales can coordinate their moves or preview them to a select few. Many of the large owners have known one another for years and stuck by bitcoin through the early days when it was derided, and they can potentially band together to tank or prop up the market.
why such low weekly limits? $5k-7.5k depending on what ID info I share.
I'd like to start a conversation on crypto-currency, particularly Bitcoin.
He is still holding onto them
anon_bba47 says
I also think there is probably 2 year left at least. The dot com bubble went mainstream, the housing bubble in 07 was mainstream but Cryptocurrency is not mainstream yet. Its on a fast track but its not there yet.
. Do you have similar experiences at work/in your environment?
Do you have similar experiences at work/in your environment?
Newbie123 says. Do you have similar experiences at work/in your environment?
The huge meatheads at the gym talk about cryptos a lot lately between their sets. They often give each other tips, advice, price targets and time frames.
Newbie123 says. Do you have similar experiences at work/in your environment?
The huge meatheads at the gym talk about cryptos a lot lately between their sets. They often give each other tips, advice, price targets and time frames.
Does anyone own Ripple?
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Hi guys,
I'd like to start a conversation on crypto-currency, particularly Bitcoin.
What do you all think about it from an investment point of view today? I have some buddies in the finance world who are quite bullish on it and claim we are just scratching the surface. Judging by the recent performance, they may be right.
For people who are investing in Bitcoin, what are you using to invest and what recommendations do you have for a new investor?
Also, how are gains taxed compared to typical stock market gains?
I read this week that over 100,000 merchants in the USA are accepting Bitcoin today.
At the same time, digital currency does scare me a bit as it seems so abstract. Curious what PatNet thinks.
Thanks guys!