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The fact that China tries to ban Bitcoin exchanges tells you something.
Bitcoin, Litecoin and Ethereum will continue to go up. We are basically at the beginning.
Newbie123 saysThe fact that China tries to ban Bitcoin exchanges tells you something.
yes it tells me soon other countries will also ban this ponzi scheme and bitcoin will go back to being $0.05/each.
Bitcoin has the same support as the Dollar fiat currency,ignorance & nothing.
I just don't get this irrational pricing or at least that's the appearance from my untrained eye"It's different this time"
Fantastic buying opportunity. Big discounts! This is a healthy time of consolidation before the next bull run.
"Bump in the road".
Seems to be a pretty big bump sport...perhaps hit a pothole or two as well on the way to the bump
Looking at the coindesk charts I see 50% drop from December high for bitcoin, 25% for ethereum.
Looking at the coindesk charts I see 50% drop from December high for bitcoin, 25% for ethereum.
What happens to the guys who bought them on their credit cards at 20%+ interest rates?
Sniper saysWhat happens to the guys who bought them on their credit cards at 20%+ interest rates?
The same thing that will happen to people using cash advances to wrecklessly pump the other stock exchanges, it becomes a self imposed margin call, only they end up with a bunch of debt and ruined finances. People who short right now, stand to do very well.
You can short bitcoin?
You can short bitcoin?
CBOEtrader saysYou can short bitcoin?
I actually meant the markets in general, I am considering trying to short it, I don’t know if you can, but I would like to. I was actually going to ask the posters here.
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#investing