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having mined over a million of bitcoins before anyone even had the chance Satoshi Nakamoto is a multi billionaires now. no wonder he disappeared.
he's slowing cashing out thanks to newer victims to his brilliant ponzi scheme.
Might this be "the big one"?
Oh man.... I put bitcoin buy orders in between 8-9k. Was hoping it dips more. See strong buy activity at the moment. Some people will make a killing off this dip. I was hoping the panic sellers will put more pressure on the prices. Oh well, at least I picked up some ltc and ETH on the low side. If we start the rally now I will add more to all my positions.
anon_b7985 saysOh man.... I put bitcoin buy orders in between 8-9k. Was hoping it dips more. See strong buy activity at the moment. Some people will make a killing off this dip. I was hoping the panic sellers will put more pressure on the prices. Oh well, at least I picked up some ltc and ETH on the low side. If we start the rally now I will add more to all my positions.
You can't see any activity as most buy and sell cycles are really lengthy (take 24 hours or more) until this is better controlled with many ETFs and futures. This is at the mercy of the few whales and already lost 50% for its peak. Could crash further if more whales decide to sell.
Aaaah, the rocket started :( not all of my buy orders filled. We are Witnessing a mega rally now.....wish I could have picked up more but happy I got a steal on a few ones. Gotta be happy for what I got during this dip. Would not be surprised if we see new all time highs soon.
anon_b7985 saysAaaah, the rocket started :( not all of my buy orders filled. We are Witnessing a mega rally now.....wish I could have picked up more but happy I got a steal on a few ones. Gotta be happy for what I got during this dip. Would not be surprised if we see new all time highs soon.
I wish I had more ETH
I’m curious to here the reasoning of all the people who keep saying that it is a bubble and how they’re so sure it’s going down. I just glanced at the charts, I’m not so certain that it’s a bubble or that it’s popped. Bitcoin is 50% off it’s peak deserves some context. How many ‘bitholders’ were created at the peak?
Ethereum is still up 50% from 5 weeks ago lol.
I just glanced at the charts, I’m not so certain that it’s a bubble or that it’s popped.
50% plunge since before Christmas, fad investments come and go so quickly...
If you don't understand this perspective (not you personally errc) then you likely don't make enough money to be buying crypto currencies.
I’m curious to here the reasoning of all the people who keep saying that it is a bubble
I asked a co-worker if he got out today and he said no. He said this exact pattern happens every year at this exact time and that the scale is just higher each year. Something about Chinese New Year and some other stuff. That it'll be back up in a month and so he's just riding it out.
Wow.
Damn I'd have sold last year maybe before it reached 7K, but that's just me.
That's a market
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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!