Business tip only for my HA friends - buY bitcoins

[Nikka]

1 BTC = $1492.87

Originally Posted by Google Expert http://gfy.com/skins/gfy/images/buttons/viewpost.gif (http://gfy.com/fucking-around-and-program-discussion/1260424-bitcoin-bitcoin-bitcoin-bitcoin-post21743839.html#post21743839)
This is correct. The price is still going to rise up significantly. I expect around $2500 in the next year-two.

[ladyshemale]

I think 2000$ before endof the year

[dakota87]

1 BTC = $1492.87

Originally Posted by Google Expert http://gfy.com/skins/gfy/images/buttons/viewpost.gif (http://gfy.com/fucking-around-and-program-discussion/1260424-bitcoin-bitcoin-bitcoin-bitcoin-post21743839.html#post21743839)
This is correct. The price is still going to rise up significantly. I expect around $2500 in the next year-two.




I want to get into bitcoins but haven't quite figured out how to get them. My online pharmacy stopped taking US DOLLARS and credit cards from US last year because big pharma convinced the us congress to stop allowing Americans from obtaining inexpensive pharmaceuticals.
I downloaded Bread, a bitcoin wallet, but I can't figure out how to buy the bitcoins to put in the wallet.

[nysprod]

There's an old adage in the stock market; when grandma, cab drivers, etc. recommend buying stocks then sell all the stocks you have.

[dakota87]

I want to get into bitcoins but haven't quite figured out how to get them. My online pharmacy stopped taking US DOLLARS and credit cards from US last year because big pharma convinced the us congress to stop allowing Americans from obtaining inexpensive pharmaceuticals.
I downloaded Bread, a bitcoin wallet, but I can't figure out how to buy the bitcoins to put in the wallet.
the pharmacy will only accept bitcoin from US customers. Does anybody know how to fund bitcoin wallet?

[dakota87]

There's an old adage in the stock market; when grandma, cab drivers, etc. recommend buying stocks then sell all the stocks you have.
I think bitcoin has a future. I'm not so much into expecting a profit from buying bitcoins, but as a method of payment.

[gaysian71]

At some point bitcoin value will go down. Way way way down. If you're lucky and offload it before it crashes, you will make some good money. If you hold a minute too long, you'll loose it all. I'm no big time investor. But anytime the value of anything goes up way to fast, it will eventually crash.

[Nikka]

I think bitcoin has a future. I'm not so much into expecting a profit from buying bitcoins, but as a method of payment.

I use paxful :)

[CaptainPlanet]

Got in not long after this thread was posted and have not looked back. Up about 5k in profits, Crypto is the new .Com so don't sleep on this get in while you can.

ETH, LTC, BTC
http://coinmarketcap.com

[GroobySteven]

Anyone want to buy mine?

[natina]

Anyone try mining bit coins?
You get $350/month

10 servers x $350/month=$3500/month

[KelliBlueEyes]

Anyone try mining bit coins?
You get $350/month

10 servers x $350/month=$3500/month

Minus equipment costs and

Minus your electricity cost for running 10 servers full blast with the algorithm for a month. My understanding is that it's only profitable in places with very cheap electricity.

[natina]

With solar power electricity is cheap

Say 40kwatts are 120Kwatts to run servers.




Minus equipment costs and

Minus your electricity cost for running 10 servers full blast with the algorithm for a month. My understanding is that it's only profitable in places with very cheap electricity.

[GroobySteven]

With solar power electricity is cheap

Say 40kwatts are 120Kwatts to run servers.

LOL.

Look it up, if it was that profitable everyone would be doing it.

[Stavros]

Looks like Bitcoin is a worthless investment -

Bitcoin is a fraud that will ultimately blow up, according to JP Morgan (https://www.theguardian.com/business/jpmorgan) boss Jamie Dimon, who said the digital currency was only fit for use by drug dealers, murderers and people living in places such as North Korea.

Speaking at a conference in New York, the boss of America’s biggest bank said he would fire “in a second” anyone at the investment bank found to be trading in bitcoin. “For two reasons: it’s against our rules, and they’re stupid. And both are dangerous.”
He added: “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.

Whole of the article is here- (and widely reported in the media)
https://www.theguardian.com/technology/2017/sep/13/bitcoin-fraud-jp-morgan-cryptocurrency-drug-dealers

[Ts RedVeX]

Here's what happens to bitcoin when natina runs the 120kW server in the attic xd
https://www.youtube.com/watch?v=ut5DXxK1dvk

[chupapau]

Anyone want to buy mine?

Sure, just send them to my Whatsapp, I'll telegram you the cash. After all, what could possibly go wrong with something completely virtual?!

[Dudedude12345]

I highly recommend using coinbase, its a service similar to PayPal that can let you commerce in either Bitcoin or in local currency.

[natina]

1 BTC = $1492.87

Originally Posted by Google Expert http://gfy.com/skins/gfy/images/buttons/viewpost.gif (http://gfy.com/fucking-around-and-program-discussion/1260424-bitcoin-bitcoin-bitcoin-bitcoin-post21743839.html#post21743839)
This is correct. The price is still going to rise up significantly. I expect around $2500 in the next year-two.






Bitcoins took a big loss this month

[natina]

Here's what happens to bitcoin when natina runs the 120kW server in the attic xd
https://www.youtube.com/watch?v=ut5DXxK1dvk

Excess voltage, excess current, excess wattage, high Jule, high temperature and more can cause an issue

[giovanni_hotel]

Looks like Bitcoin is a worthless investment -

Bitcoin is a fraud that will ultimately blow up, according to JP Morgan (https://www.theguardian.com/business/jpmorgan) boss Jamie Dimon, who said the digital currency was only fit for use by drug dealers, murderers and people living in places such as North Korea.

Speaking at a conference in New York, the boss of America’s biggest bank said he would fire “in a second” anyone at the investment bank found to be trading in bitcoin. “For two reasons: it’s against our rules, and they’re stupid. And both are dangerous.”
He added: “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.

Whole of the article is here- (and widely reported in the media)
https://www.theguardian.com/technology/2017/sep/13/bitcoin-fraud-jp-morgan-cryptocurrency-drug-dealers


Of course the boss at JP Morgan would shit on bitcoins.
I know someone who trades in bitcoins and swears they will become the digital currency of the new millennium.

I'm ambivalent and will wait until the bitcoin market is more established, but sorry if I don't take the word of Jamie Dimon as gospel.

Bitcoin is a direct threat to their business model.

[filghy2]

There's an old adage in the stock market; when grandma, cab drivers, etc. recommend buying stocks then sell all the stocks you have.

Wise words. It's amazing how people so readily fall for the notion that they can make easy money by jumping on the latest investment bandwagon. Has everyone forgotten what happened with the housing bubble 10 years ago or the hi-tech stocks bubble almost 20 years ago?

Bitcoin appears to have the hallmarks of a fad because it has no intrinsic value, so it's really only worth what people subjectively think it's worth. In particular, it seems to be favoured by anti-government types who think that money printing is going to erode the value of central bank money - even though these people have been wrong for the past 10 years

[Nikka]

I love when Bitcoins CEO´s jump from their buildings in Hong Kong

[Gillian]

What's that expression?

"If you can see the bandwagon ... it's already too late."

;)

[broncofan]

Wise words. It's amazing how people so readily fall for the notion that they can make easy money by jumping on the latest investment bandwagon. Has everyone forgotten what happened with the housing bubble 10 years ago or the hi-tech stocks bubble almost 20 years ago?

Bitcoin appears to have the hallmarks of a fad because it has no intrinsic value, so it's really only worth what people subjectively think it's worth. In particular, it seems to be favoured by anti-government types who think that money printing is going to erode the value of central bank money - even though these people have been wrong for the past 10 years
I agree with everything you're saying about it being a fad. It could do well in the long-term if it becomes more widely used, but most are probably not buying it based on fundamentals.

Its lack of intrinsic value would not be fatal to any decision to purchase it if people were really trying to value it based on how effective a medium of exchange it will be and what goods and services it's likely to be able to claim. But it should not be enough to have just a general sense that this is the wave of the future since it is not backed by commodities or a government. Again, not fatal, but it does mean purchasing them is very speculative. The dutch tulip mania is the common example for an item where people have lost all touch with the determinants of value; if there is no intrinsic value you can make money in the near term, but you have no security if people flee to safer, more readily exchangeable instruments.

[Jericho]

In other words, don't keep all your shit in one crapper!

[NikaTS]

My NEO gains are giving me a raging boner :jerkoff

[pedman]

My NEO gains are giving me a raging boner :jerkoff

Would be happy to assist with said boner! 😮

[Nikka]

THE FUTURE!!!!

YOU ARE NOT A MUTATION, YOU ARE, EVOLUTION!

https://static.comicvine.com/uploads/original/11114/111144184/4617466-3042271263-Alice.jpg

[Nikka]

http://az.co.za/news/wp-content/uploads/2017/02/BitClub365.com-BlockChain-BitCoin-BitClub-beware-scam-pyramid-ponzi-A.png

[GroobySteven]

I sold 1 of mine, which covered approx. 6 times more than what I got them for - and will sit on the rest for a punt.

[bluesoul]

around 2013, i bought my mom $100 of bitcoin. she had a hard time understanding the blockchain and didn't like the instability of the currency so a few months later she wanted to sell her coins. i decided to buy them back. this was right before the mtgox fiasco happened. anyone remember that?

over the years i sold a couple, mined a couple, then kept the rest in cold storage and now sitting on what has become, a pretty sweet sum of dough. what i don't really like though is the fork that happened in august (i'm already at 15GB just keeping up with todays block) and the next hardfork is going up in november 13th.

and is anyone trading? because if you are, i'm sure you noticed the company that just traded 1000BTC on bitfinex this morning. that was (to put it mildly) a clinic in money making. i think even fan bao was blushing when he saw that go down

[GroobySteven]

I hope you took your Mom out for dinner!

[GroobySteven]

Just bought Naga coin which is being offered in an IPO.
Might want to look into it - pre-booking now, they have a lot of backing.

Use my code :-p

https://www.nagaico.com/?refcode=wxaztw (https://email.nagaico.com/e/c/eyJlbWFpbF9pZCI6Ik5ERTJOamM2RndGZXp3SmtBQUp6QUJjQ3 NPd2FBVl80QWd5QkZWb1lXaHJQYVFGbE9qQXhRbHBYUWsxQ1Rq Vk9RazVFVms1VU4wRXlXREl4V1ZoQ09qVTJNelUxTWdBPSIsIn Bvc2l0aW9uIjowLCJocmVmIjoiaHR0cHM6Ly93d3cubmFnYWlj by5jb20vP3JlZmNvZGU9JTI1MjU3YiUyNTI1N2JldmVudC5pY2 9faW52aXRlX2NvZGUlMjUyNTdkJTI1MjU3ZCIsImxpbmtfaWQi OjU4NzA3MzMxfQ/f539d917e48a62b52a099c3d958c693fbb8b757527cb132e65 bec8fb48012c4b)

[Nikka]

Just bought Naga coin which is being offered in an IPO.
Might want to look into it - pre-booking now, they have a lot of backing.

Use my code :-p

https://www.nagaico.com/?refcode=wxaztw (https://email.nagaico.com/e/c/eyJlbWFpbF9pZCI6Ik5ERTJOamM2RndGZXp3SmtBQUp6QUJjQ3 NPd2FBVl80QWd5QkZWb1lXaHJQYVFGbE9qQXhRbHBYUWsxQ1Rq Vk9RazVFVms1VU4wRXlXREl4V1ZoQ09qVTJNelUxTWdBPSIsIn Bvc2l0aW9uIjowLCJocmVmIjoiaHR0cHM6Ly93d3cubmFnYWlj by5jb20vP3JlZmNvZGU9JTI1MjU3YiUyNTI1N2JldmVudC5pY2 9faW52aXRlX2NvZGUlMjUyNTdkJTI1MjU3ZCIsImxpbmtfaWQi OjU4NzA3MzMxfQ/f539d917e48a62b52a099c3d958c693fbb8b757527cb132e65 bec8fb48012c4b)


how do I cash these coins? I do know how to cash BTC

explain and I will buy some ...

[bluesoul]

I hope you took your Mom out for dinner!

i didn't. she was happy enough that i was able to buy a house and have enough money another. maybe now i can take her out for dinner...

(when i, and if, i meet satoshi nakamoto... i will make love to him. and i'm not gay. but he will get it

[CaptainPlanet]

how do I cash these coins? I do know how to cash BTC

explain and I will buy some ...

you would cash them out on an exchange. Usually for BTC or ETH pairing. The exchange is unknown until ICO is complete.

[Stavros]

The latest on moves in the UK and Europe to begin controlling aspects of the BITcoin scam-
The UK and other EU governments are planning a crackdown on bitcoin amid growing concerns that the digital currency is being used for money laundering and tax evasion.

The Treasury plans to regulate bitcoin and other cryptocurrencies to bring them in line with anti-money laundering and counter-terrorism financial legislation. Traders will be forced to disclose their identities, ending the anonymity that has made the currency attractive for drug dealing and other illegal activities.

Under the EU-wide plan, online platforms where bitcoins are traded will be required to carry out due diligence on customers and report suspicious transactions.
The new rules are expected to come into effect next year.
https://www.theguardian.com/technology/2017/dec/04/bitcoin-uk-eu-plan-cryptocurrency-price-traders-anonymity

[GroobySteven]

"BITcoin scam"

What scam?

[Stavros]

Bitcoin may not be illegal, but it is used for illegal transactions, and is thus morally a scam. It is debatable as to how much Bitcoin is used in genuine transactions and how much is used to speculate, or to launder money, or to pay for illegal goods. Either way its days are numbered.

[smalltownguy]

"BITcoin scam"

What scam?

All this bitcoin is a big scam, you support the network with hardware, time and electricity to process the transactions but eventually you give way more than you get! The only people who benefit from this currency are the initiators and the people causing the inflation, its a smart scam, a digital one.

[GroobySteven]

Bitcoin may not be illegal, but it is used for illegal transactions, and is thus morally a scam. It is debatable as to how much Bitcoin is used in genuine transactions and how much is used to speculate, or to launder money, or to pay for illegal goods. Either way its days are numbered.

'Morally a scam' ?

Christ - you're the most miserable, sad sack I think we've ever had on this forum.

While BTC may have been sued in illegal transactions, so have Krugerrands, cash, and diamonds. That doesn't make it a scam - and that's not why it was created. I've done $10,000's in genuine transactions on BTC, and we were one of the first companies to take BTC on our websites, and it's been hugely successful for us.

Get back on your high horse.

[GroobySteven]

All this bitcoin is a big scam, you support the network with hardware, time and electricity to process the transactions but eventually you give way more than you get! The only people who benefit from this currency are the initiators and the people causing the inflation, its a smart scam, a digital one.

You're an idiot - but it didn't take this one thread to come to this conclusion.

It may bottom out, it may fail, it may be a bad investment.
It's not a scam.

[Stavros]

'Morally a scam' ?

Christ - you're the most miserable, sad sack I think we've ever had on this forum.
While BTC may have been sued in illegal transactions, so have Krugerrands, cash, and diamonds. That doesn't make it a scam - and that's not why it was created. I've done $10,000's in genuine transactions on BTC, and we were one of the first companies to take BTC on our websites, and it's been hugely successful for us.
Get back on your high horse.

Fair enough, you have been able to use Bitcoins in your business and I am chastised for the implication they are mostly used in dodgy dealings. I just don't see their use growing, and we will have to agree to disagree on that.

But I do have a sense of humour; not everything I post is grim news; I did initiate the Bad Sex Awards thread which I hope raised a laugh or two even if it didn't raise much else.

[GroobySteven]

Fair enough, you have been able to use Bitcoins in your business and I am chastised for the implication they are mostly used in dodgy dealings. I just don't see their use growing, and we will have to agree to disagree on that.

But I do have a sense of humour; not everything I post is grim news; I did initiate the Bad Sex Awards thread which I hope raised a laugh or two even if it didn't raise much else.

I must have missed that one - but I will look.

My point is, it's not a 'scam'. Personally, I'm wary of whether it will go the distance as it is now and think it is a trend right now which is making it falsely high, but there will be cryptocurrency in our near future that we will be using. The blockchain is already helping security on other areas. I've managed to increase our income across the sites, and been lucky enough to see some raises in it (cashed out 1 at $6500 and another at $11,000) which is an average of an 800% increase, and sit on the others 'just in case'.

In Japan you can already pay your bills and do ATM transactions in BTC. There are systems getting put in place right now that will let us trade on financials, buy from almost any retail and use it like any currency.

[Ts RedVeX]

It will only be a bad investment if you do not withdraw from it in time. - Just like anything else.

[filghy2]

For all the hype, there's still less than 100 companies worldwide that accept bitcoin payments. https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

Here's an amazing fact - bitcoin mining uses more electricity than Ireland and a host of other countries. https://www.businessinsider.com.au/bitcoin-mining-electricity-usage-2017-11?r=UK&IR=T

So bitcoin uses lots of resources, but what exactly is the real benefit? The chance to profit from speculation is not a net benefit, as it's just a zero-sum game. This really reminds me of the high-tech bubble of the late 1990s, when internet companies were being massively valued even though they made no profits and had no real prospect of making any, as it turned out.

[CaptainPlanet]

Fair enough, you have been able to use Bitcoins in your business and I am chastised for the implication they are mostly used in dodgy dealings. I just don't see their use growing, and we will have to agree to disagree on that.

But I do have a sense of humour; not everything I post is grim news; I did initiate the Bad Sex Awards thread which I hope raised a laugh or two even if it didn't raise much else.

Steven beat me to it,
Cash has been used more for illegal transactions/dealing then Bitcoin ever will. Your just uneducated in what Bitcoin is, there is plenty of sources on the internet besides porn you should check em out.

[CaptainPlanet]

For all the hype, there's still less than 100 companies worldwide that accept bitcoin payments. https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

Here's an amazing fact - bitcoin mining uses more electricity than Ireland and a host of other countries. https://www.businessinsider.com.au/bitcoin-mining-electricity-usage-2017-11?r=UK&IR=T

So bitcoin uses lots of resources, but what exactly is the real benefit? The chance to profit from speculation is not a net benefit, as it's just a zero-sum game. This really reminds me of the high-tech bubble of the late 1990s, when internet companies were being massively valued even though they made no profits and had no real prospect of making any, as it turned out.

Most bitcoin users know mining bitcoin at this point is pretty dumb unless your running a factory in china, but there are numerous other crypto currencies that are mineable and profitable.

[filghy2]

Most bitcoin users know mining bitcoin at this point is pretty dumb unless your running a factory in china, but there are numerous other crypto currencies that are mineable and profitable.

Okay, but they are only profitable because people are willing to pay for something that has no intrinsic value. What underpins that demand other than use of these currencies for illegal activity or speculation and a degree of faddishness? For instance, 97% of bitcoin transactions last year were from China and appear to be related to evading currency controls, which the Chinese government has since cracked down on.
https://www.moneyandbanking.com/commentary/2017/12/3/bitcoin-and-fundamentals

At the end of the day, the value of any currency derives solely from the fact that others accept it as a medium of exchange for things we want. For central bank money, this is underpinned by legal tender laws. What advantage do crypto-currencies offer for legitimate transactions?

[GroobySteven]

For all the hype, there's still less than 100 companies worldwide that accept bitcoin payments. https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/


Well that's a bit disingenuous. What it's missed out is the myriad of companies taking Bitcoin through a processor. It's a bit like saying, here's a list of companies who take credit cards - and missing out all the ones that use Paypal, Worldpay, CCBill, etc. The are 1000's of other vendors taking Bitcoin (mostly online). For example, why isn't Grooby or GroobyVR on the above list?

[filghy2]

Okay, but it still seems to be only a tiny fraction of sellers. https://www.bloomberg.com/news/articles/2017-07-12/bitcoin-acceptance-among-retailers-is-low-and-getting-lower

What I don't understand is what is the advantage of using bitcoin for payments unless there is a particular need for secrecy. Does Grooby do more business because it accepts bitcoin payments, for example?

[Nikka]

http://i67.tinypic.com/m833oh.jpg

[Tapatio]

http://i67.tinypic.com/m833oh.jpg

Props to anyone who has made money on this and a question for anyone holding it:

Will you tell me what you think is backing BTC and what you think the value of BTC represents?

[Nikka]

.........................

[krissy4u]

.........................

I saw the big drop and the first person i thought of was you... I'm still holding onto mine.

[CaptainPlanet]

I saw the big drop and the first person i thought of was you... I'm still holding onto mine.
that drop was nothing, but a great opportunity to make more money buying cheap coins =]

[Nikka]

https://steemitimages.com/DQmPNGT2W6hkD5eEh4c7CMGEEHq2siCLSke75g11YTfEGL5/Bitcoin-Market-Cycle.gif

[bluesoul]

its cute, but if you don't understand crypto, you're always on the outside. now, look at the sheep:


https://www.youtube.com/watch?v=6C92hlLWHjE

[Nikka]

20k by the end of the year

https://i.imgur.com/MtX0VeG.png

[CaptainPlanet]

The newbs got wrecked who chased the fomo. Long term holders are doing just fine.

[smalltownguy]

The newbs got wrecked who chased the fomo. Long term holders are doing just fine.

long term holders will always be holders ..of it ..will not be able to gain anything from it ..i guess

[holzz]

bitcoin prices had fallen lately. that said, crypto has abig future, but i won't keep it as a major part of any portfolio.

i'm not investment guru/advisor, but i guess it depends on one's goals.

[filghy2]

Whether crypto-currencies and associated technology have a future is a separate question from whether the market value of bitcoin is justified. People who said during the tech boom 20 years ago that the internet had a big future were right, but that did not prevent high tech stocks from crashing a couple of years later.

[goatman]

bitcoin prices had fallen lately. that said, crypto has abig future, but i won't keep it as a major part of any portfolio.

i'm not investment guru/advisor, but i guess it depends on one's goals.

Current cost?

[Nikka]

1k up in 24 hours
about to explode!

http://fuckingnikki.com/gfy/terror.gif

[CaptainPlanet]

long term holders will always be holders ..of it ..will not be able to gain anything from it ..i guess

no sure what you mean? If I exchange into fiat im pretty sure I gained profits "Capital Gains"

[holzz]

Current cost?

1068874

[Paladin]

When you can walk in to any new car dealership with say 4 $7k bitcoins and buy a $28,000 with the bitcoins is when it will be an accepted currency. I don't see that happening.

[MrFanti]

Makes me wonder how that Naga Coin that Steven mentioned is doing?

[smalltownguy]

no sure what you mean? If I exchange into fiat im pretty sure I gained profits "Capital Gains"

which fiat are you talking about ? and how would it effect gains ?

[Jia_westladyboy]

Well done Nikka .. 1k uhmhm_

So funny as i was surprised yesterday, to see Btcusd moving up fast and hitting my Buy Order, which i had placed from about 2 weeks_
I was looking on the Net the reason why Bitcoin shoot up so fast and found out that it surged more than 10% as soon as an institution announced that Btc were compliant with Islamic religious laws...
And while googling the word "bitcoin price rise reasons" .. Google came up with this HA thread too....;-)
0----===---0
There are a few ways to deal with bitcoins and one can also "Selling" Bitcoins without owning them yet, without a wallet, and make profit too
Bitcoins buying/selling is nothing but the speculation of the price movement between Bitcoin and Usd, or Gbp/Aud/Eur...
Also BtcUsd does not need to be bought trough brokers and banks where they say no commission and they
charge with more spreads.. _ It is possible to buy BitCoins fractions too_

You can trade BtcUsd on your own and no need to invest thousands and it is enough to start with a small 200/300Usd account_
Normally online Btcusd Buy/sell is advertised with spread starting from (7500-points) =$70/£52, however it is also possible to have
spreads starting from (7500-points) = $7/£5.20

What this means.. assuming you are using a spread of £52, as soon as you place your order to buy_or_sell trough the platform,
the system will start to calculate a minus £52 = 750.0.points, from your account ..._
as the price advances in your direction the total will get to "0" so now you are break even, and the spread is paid already ..
...As the price further moves towards your direction ... price will be.. +65 / +73... etc ... for example when you reach +750.0 points
then you have +£52... @ +1500.0 points your gains are +104 _@ +30000 points gains are = +208 and so on ...
The reverse is also true and losses could be substantial for the reckless ppl who don't use the Stop Loss protection etc ...

BitCoins and recently Etherum Coins/Usd, have paid for my transition and paid for all my Thailand Trips
For tgirls, could be a nice alternative to something different and possibly lucrative, and also why not ... a nice way not to get bored
while waiting for C*lls ;-)
For tgirls lovers ... could also be good and anyone will think what to do _

There are a couple of good platforms that could be used, and for those who want to see how they get on with Btcns_

In fact speculation is so cool that you can place an order in the morning before going to work, and check thing at evening time
when you back, or if you are too anxious, then do what i do, and check remotely your Pc with your smartphone, or even play
with it with on your smart-phone ._./ or check it after a month if you are more of a set and forget person_

I am a fan of making money while sleeping, even little, and not so easy to do, but there are ways to achieve that_
Thought i would give this tip for those who always believed that to buy a BitCoin you need a online marketplace
or a crypto currency exchange, or the middle man brokerage firm, or even buying them trough one of the 86 bitcoin Atm machine

Safe haven assets like Jpy also worth to take a look into_........................_


Luv this century
J_V

[filghy2]

which fiat are you talking about ? and how would it effect gains ?

Fiat currency is currency issued by the central bank, so is referring to cashing in his bitcoin. He must have got in early when the price was even lower, which is no help to anyone thinking about investing now.

The long-term issue is that the value of bitcoin can only be justified if it becomes a widely-used means of payment, which will only happen if it offers advantages for buyers and sellers over alternative means of payment. None of the bitcoin spruikers seems able to provide a convincing explanation for why this will happen.

I've never made a payment with bitcoin as I can see no good reason to do so, but I understand it's still pretty inconvenient, even though it's been around for over 9 years. There are other competing crypto-currencies and central banks will probably start issuing their own at some point. All of that suggests that bitcoin is never likely to account for than a small fraction of payments.

[CaptainPlanet]

which fiat are you talking about ? and how would it effect gains ?

USD.

@filghy2
not sure what my timing has to do with anyone investing. Of course its a lot of DYOR and my gains were not off BTC alone, more in ICOs and ALT coins.

[filghy2]

I assume that your reference to capital gains means that you are currently sitting on unrealised gains; ie current price is above your purchase price. My point is simply that past performance is no guide to future performance, which is the best piece of investment advice going.

[bluesoul]

The newbs got wrecked who chased the fomo. Long term holders are doing just fine.

what exactly do you mean by this? it's kinda confusing because nobody "holds" btc (excepts idiots i guess) so do you mean people who bought into btc early and kept trading?

there's been 4 forks that would have fucked your finances not to mention how unstable the currency is that would make your statement false: unless you mean someone that is getting bitcoin illegally (very difficult- but there has been an $8 million sum missing from the ledger since 2013 so... ) you wanna explain yourself pal?

[Nikka]

Ommggggggg $9200 !

[Nikka]

going up!!!!!

[Ziggy33]

Bitcoin has a great future ahead. Things will get exciting soon. Fortune 500 companies, google, Facebook, amazon...they are all jumping on board. I’ve been in it heavy since the high in Dec of 17. I’ve learned to adapt, short, buy the dips. It’s been an exciting journey. The bulls will be back, and when they do...$$$$$$

[Nikka]

oleeeeeeeeeeeeeeeeeeeeeeeeeeeee today!

[Nikka]

Ommggggggg $9200 !


and today 15,400 , told you so=?????

[obslam]

Difficult to believe there's still people falling for this.

[GroobySteven]

and today 15,400 , told you so=?????

Yep - I made some nice money today.

[Nikka]

U saw it?

[Abartig]

from 11-05-20 -
and today 15,400 , told you so=?????

yes you did . . .

1 Bitcoin equals
33,371.30 United States Dollar
Jan 4, 3:34 AM UTC

doubled in 2 months, wow

[Nikka]

from 11-05-20 -

yes you did . . .

1 Bitcoin equals
33,371.30 United States Dollar
Jan 4, 3:34 AM UTC

doubled in 2 months, wow


57,000 now !!!

soon 100,000 and I read a paper of 400,000 prediction

[Jackal]

So, how can I, as an American, buy a fraction of a bitcoin this week?

[GroobySteven]

So, how can I, as an American, buy a fraction of a bitcoin this week?


https://www.binance.com/en/register?ref=36378463

[Nikka]

So, how can I, as an American, buy a fraction of a bitcoin this week?


yes you can!!!

[Stavros]

Interesting article on the 'mining' of Bitcoins and whether or not it is sustainable owing to the amount of electricity/computing power required to calculate global transactions of this currency.

https://www.independent.co.uk/climate-change/news/bitcoin-mining-environment-electricity-climate-b1829065.html

[Stavros]

If one bitcoin is worth £44,000, how much does it cost to buy a glass of tea in Turkey?

"The neighbourhood teahouse is a focus of daily life across Turkey (https://www.theguardian.com/world/turkey), an Ottoman tradition that has endured through the centuries. At the Red Lightning teahouse in Çorum, the enterprising owners have one foot in the past and one in the future: it’s the first in the country where customers can pay in bitcoin (https://www.theguardian.com/technology/bitcoin).

“Everyone we know in Çorum is starting to invest in cryptocurrency. We think that in five years or so regular currency will be in decline, it will be replaced by digital ones. So we wanted to be in a good position now,” said co-owners Hüseyin Nalcı, 38, and Kerem Kutay Yıldırım, 28."
https://www.theguardian.com/world/2021/apr/13/turkeys-economic-turmoil-drives-bitcoin-frenzy

[filghy2]

This article on Coinbase, a platform for trading in cryptocurrencies, may be of interest.
https://www.vox.com/recode/22383757/bitcoin-coinbase-ipo-crypto-ethereum-cryptocurrency

I've always assumed that these currencies were a vehicle mainly for speculation or for people who had particular reasons for secrecy in their financial transactions. How convenient is it to make payments in bitcoin compared to more conventional means?

[Stavros]

This article on Coinbase, a platform for trading in cryptocurrencies, may be of interest.
https://www.vox.com/recode/22383757/bitcoin-coinbase-ipo-crypto-ethereum-cryptocurrency

I've always assumed that these currencies were a vehicle mainly for speculation or for people who had particular reasons for secrecy in their financial transactions. How convenient is it to make payments in bitcoin compared to more conventional means?

Thanks for this link to an interesting article. It seems to me that Bitcoin is not so much a currency but a means for people with capital to 'trade' on the basis that the value goes up or down, and you buy Bitcoin when the price is low and sell it when it is high, which at the moment seems to mean 'buy now because the price is on an upward trend'. It is not the same as buying Dollars or Sterling because those are currencies that are based on real things. Thus one question for me is -can I buy a laptop with Bitcoin at a lower price than in Sterling? For what is the point of Bitcoin as a currency if I cannot purchase goods (or services) with it? But it must also be 'value for money'. It comes back to the question i asked above in the article on Turkey -how much in Bitcoin does it cost to buy a glass of tea in Istanbul? And is it legal in Turkey to pay in Bitcoin rather than Lira? I can't pay for a flat white in Caffe Nero in the UK with Bitcoin.

The death of Madoff provokes the thought that Bitcoin is reallly just another Ponzi scheme.

[filghy2]

And is it legal in Turkey to pay in Bitcoin rather than Lira? I can't pay for a flat white in Caffe Nero in the UK with Bitcoin.

As I understand it, legal tender means that people are obliged to accept that currency as payment but are not precluded from accepting other currencies. The owner of Caffe Nero does not want to accept other currencies because there would be additional costs and inconvenience in converting them back into pounds. In third world countries, however, more people are willing to accept US dollars or euros because they don't have much faith in their own currency.

The problem with the argument that (private) digital currencies will replace regular currencies is that this assumes central banks will just sit back and allow themselves to become irrelevant. Obviously they will issue their own digital currencies at some point, which will tend to undermine the market for private currencies. Digital currencies and their associated technology may be the way of the future, but this does not necessarily mean that Bitcoin will be the way of the future.

[Nikka]

Going up!!!

[Nikka]

to the mooooooooooooooooooooooooooooooooooooooonnnnn

[last_stop]

no one is falling for this shit again Nikka. :p

[Luke Warm]

Ponzi scheme. These crypto companies charge themselves lower prices to buy, before they put their products on the open market for higher prices. And when they sell off their personal bitcoin, they are trading their vapor for other peoples’ hard currency. That tells you everything you need to know. But don’t worry, they’ll watch your bitcoin assets for you. It’s such a scam.

[Nikka]

here is my reff link when you buy your bitcoins

https://noones.com/?r=nikkiladyboys

[Mirgofino]

I have a rule about certain things. If I cannot figure out how they work it is not transparent enough. Bitcoins belong on the list of not transparent enough.

[Nikka]

$60,000 today

you lose :dead::dead:

[Stavros]

$60,000 today

you lose :dead::dead:

Is that cash in your bank account, as in 58,788,600.00 Chilean Pesos?

[Nikka]

Is that cash in your bank account, as in 58,788,600.00 Chilean Pesos?

nope, I have it in noones.com, then I can sell a piece of bitcoin and I get it on my bank, but not soon , I am waiting for $100,000

[GroobySteven]

Ponzi scheme. These crypto companies charge themselves lower prices to buy, before they put their products on the open market for higher prices. And when they sell off their personal bitcoin, they are trading their vapor for other peoples’ hard currency. That tells you everything you need to know. But don’t worry, they’ll watch your bitcoin assets for you. It’s such a scam.

LOL.
Go read a book, or just put you cone hat on and go back to the corner

[filghy2]

Trump's re-election has triggered another boom in Bitcoin and other cryptocurrencies, with the expectation that various regulatory restrictions will be eased.
https://www.vox.com/bitcoin/390096/bitcoin-crypto-etf-trump-ethereum-sec-ctf-david-sacks

The big question about cryptocurrencies has always been whether they have any future as a means of payment, rather than just a vehicle for pure speculation. Even after 15 years, Bitcoin is barely used as a means of payment for regular purposes. What it does seem to be used for is laundering of money from illegal activities.
https://paulkrugman.substack.com/p/crypto-is-for-criming

Why are these people so keen to do something that will only help criminals and tax dodgers and further blow up the bubble? The obvious answer is that they expect to make money from this.

[Pearl]

We will know a lot more when it returns to the old high.

As to why? Welcome to late stage capitalism.

[Pearl]

There is a huge support level at roughly 91,000. Below that, 86k which is the .618 on a Fib chart.
Set some stops.
Could reverse once tax selling is done but with the 10-year over 4.5% any upside is muted.

[Pearl]

I am out. Yesterday. Nice ride. Someone else can hold the bag.

[Pearl]

Bitcoin's move today above the right shoulder invalidates the head and shoulder pattern. Went long this morning.

[Nikka]

I am innnnnn

[Pearl]

I am innnnnn

Just make sure you set a stop loss to protect yourself. Always set a stop loss.

[Pearl]

This weekend was like the parents are away and the kids trash the house. Stupid coin. I go food shopping and it goes up 5%. WTF.

Set your stops kids. This is going to be a wild ride.

[Pearl]

This is why you have stops.

The crypto executive order states the Bitcoin reserve can come from Bitcoin already seized, which is about 198,000BTC draining potential market purchases.

These are my notes from this morning. These change every few days depending on price movements. Bouncing off support. Watch for a move below 98k triggering a sell signal. Ideally, on a failed retest of support turning it into resistance. Treating as a double top until either a new high or a failure/failed retest of support line.

This is why trading is so hard. It is not about making money. It is about loss mitigation and risk management.

[Nikka]

what about trumpcoin

[Pearl]

what about trumpcoin

My personal take?

All these memecoins eventually go to zero. There are so many being created that they are pulling money from Bitcoin suppressing the price as people sell and take profits on Bitcoin to gamble on the hottest new memecoin. Do not invest more more than you are prepared to lose. Do not gamble the rent money on this.

Is there a chance some random one goes to the moon? Sure. Given there are so many, that chance is now about the same as hitting the lottery.

I know a lot of girls toss some money in this and I do not want to see sisters get hurt like last time there was a major selloff.

Personally, I have a tiny bit of the Bitcoin ETF (50shs) with a stop on it to minimize my losses. Right now, my portfolio is structured to be long through earnings and then I reassess while in cash.

Still wrapping my head around something my bank said last week in a conference call. They changed their 2025 forecast to see high single digit returns INCLUDING dividends. Odd choice of words. Then they went on to talk about how on average we see a drawdown of 14% every year but did not see one in each of the last two years. More time was spent on discussing the drawdown than the forecast.

After talking with some friends and sharing the information, we all found it quite an interesting take. We also concluded there is more downside risk to the market than upside.

I don't like being in directionless channels. I will wait to see if we breakout to the upside or downside then act accordingly. My personal risk management is telling me to be cautious.

Could we go to the moon? Sure. Right now I am playing it safe and cautious until the storm clouds clear.

[Pearl]

14818601481861

This is why being a trader sucks. Going out on Saturday night? LOL. I have charts to read!

Anyway, these are my charts. The eventual price target for me is somewhere in the 60's where the pink line is from the 2023 low.
I think we see a snap back rally when Trump walks back the tariffs because that is what he does. Talk tough and then cower like bullies do when people stand up to him.
Even if we get the snap back rally, the trend is most certainly down. I think it stops at the pink lline.
The problem with prices right now is on the weekend liquidity is garbage meaning outsized moves like this are common.
My stop will be triggered on Monday. Then I scale into my shorts.

[Pearl]

Busy day today. I will post something tomorrow. Needless to say, I am short both Bitcoin and the overall market right now. Shorted today at the top of the channel. Looking forward to shorting more into any strength. With appropriate stops if we get back to the old highs, which I doubt. Weekend trading will tell me more.

[filghy2]

what about trumpcoin

Trumpcoin has two purposes:
1. Another way for Trump to grift his unsophisticated supporters.
2. A way for people wanting favours from Trump to pay him bribes.

The Trump/Musk administration will be springtime for scammers because thay are hellbent on eliminating regulatary controls. It's being done in the name of eliminating waste, but the real reason seems to be to allow the grifters backing Trump to make more money by taking advantage of ordinary people.
https://paulkrugman.substack.com/p/springtime-for-scammers

[Del06]

https://www.npr.org/2025/01/23/g-s1-44341/trumps-entry-into-crypto-opens-new-doors-for-those-seeking-political-influence

See also "Number Go Up: Inside Crypto's Wild Rise And Staggering Fall." by Zeke Faux

[Pearl]

‘A bull market is like sex. It feels best just before it ends.’ - Warren Buffett

The anti-Buffett article in Barron's is a clear warning.

[Pearl]

Boy, this was a fun day

[Pearl]

87, 80, 76, 70. 70 is the big line in the sand and a MASSIVE support line.

[Pearl]

Covering my shorts on the washout.

[Pearl]

This has been crazy. Covered my shorts. Booked gains. Went back in short for the weekend. Booked gains today when my stops triggered. Short again.

Stay out of Bitcoin and all shit coins. This is a falling knife and an imploding bubble. Just so hard to read because of all the stuff happening in the afterhours.

A lot of bad news is being ignored right now. The bond market is pricing in a recession. Prepare for some rough times ahead. A lot of stuff is oversold and we should see a bouncback soon but it will be short-lived before heading to new lows.

[Pearl]

Don't buy the hype next week. Been a wild ride with Bitcoin openly being manipulated. How do I know? Simple. Every or almost every major move is being done in the aftermarket when retail cannot get into the game. The big takedown was at night. You start to see selling at 4:15 ET. Things happen at 9AM ET, a half hour before the market opens. This weekend.

On Friday, I covered my shorts. On everything. Why? Very oversold in the short-term and looking for a bounce. The only thing I found myself able to do for the weekend was short volatility though the VIX. The 21-22 area has been an easy short for a little money.

As I look at my charts right now, the upside is quite small in all the indices, including bitcoin. There is big resistance on the chart at ~100k.

Next week, I cover my VIX short and watch the press expecting a lot of FOMO and we're back articles to pull retail back in before a rug pull. When? Have no idea but the data releases have been bad, companies are announcing large layoffs, and tariffs start next week. Need to check CPI data for this month. A GDP estimate released AFTER the close on Friday (how convenient) was down 1.5% for quarter 1. Mercury also goes retrograde on March 16 (?).

This is not easy work. Last month was fantastic but I still have a LOT to learn. I have a lot of base knowledge but trading this sort of volatility is hard af. Constantly reading.

[Pearl]

1484890

It hit every support/resistance line on the way up. Lines that I drew over the past couple of weeks. Girl, you are getting the hang of this.

[Nikka]

:(:(:(:(

[Pearl]

:(:(:(:(

All week I have been rebuilding my shorts. In everything. The pain in Bitcoin and the markets have yet to be felt.

The Nasdaq is in technical correction territory. Bitcoin is flirting with a bear market.

Today was bad. This whole week has been crazy. The markets are on a razor's edge.

85k is a major support level for Bitcoin. There is technical support, the 200-day moving average, and bear market territory at that level.

Both Nasdaq and S&P are not far away from a major support level which, if broken, would likely preceed a major sell off. Technically, below these levels is a LOT of air. Everything I said 4 days ago is still in effect. Instead of FOMO, we got people talking about a 'washout event.'

I have no idea what makes the market happy tomorrow. Or next week.

[Pearl]

Layoff notices are filtering out. Chevron, Southwest, and United Healthcare have all announced significant cuts. That is on top of the government.

We are going to have a recession. How bad? Who knows. A lot of businesses have ground to a halt. What happens to AI spend in a recession?


1485215

This is Bitcoin. Zones 1, 2, and 3 are where buyers have come in strong in the past. Yeah, this is not pretty.


1485216

This is SPY. Again, 1, 2, and 3 are where buyers have come in strong historically. The white line is a bear market. Not pretty.

Those pink trend lines. The space between here and there is air.
Don't ever decide to be a trader. Don't.

[Pearl]

I can afford the combo meal today instead of just the sandwich.

Good day. Still cannot believe I wrote that.
Today was one good day. Tomorrow is another day. Tonight I work my stops so that my gains do not turn into losses.

[Pearl]

Don't get cocky. This has been a good rally but on weak volume, OPEX excluded. A lot of technical damage was done on the sell off. Going to take months to clear that out.

We are testing the 38.2 Fibonacci retracement at the moment along with 200 day moving average. The under the hood technicals on mega caps are not good. Would not be surprised if we retest the open gap from OPEX. There are some good technicals like the MACD turning positive on the daily.

[filghy2]

We are testing the 38.2 Fibonacci retracement at the moment along with 200 day moving average. The under the hood technicals on mega caps are not good. Would not be surprised if we retest the open gap from OPEX. There are some good technicals like the MACD turning positive on the daily.

What about the chicken entrails?

[Pearl]

What about the chicken entrails?

I don't have to believe it. But if it gives me an advantage while trading... I am a small fish swimming in deep waters with sharks who have much more knowledge and resources than I do. If I can get an edge. Yeah.

[filghy2]

I don't have to believe it. But if it gives me an advantage while trading... I am a small fish swimming in deep waters with sharks who have much more knowledge and resources than I do. If I can get an edge. Yeah.

If this stuff really worked then why wouldn't the sharks also be using it - in which case there would be no edge?

[Pearl]

If this stuff really worked then why wouldn't the sharks also be using it - in which case there would be no edge?

They do but it is on a different scale. The key is knowing the scale, what is important to them, following the big money flows, and trading without emotion.
I do a lot of trend line stuff and one key principle is the more times you touch a trend line the more valid it becomes.

This week, the open (a gap up), has become a horizontal line resistance level tested multiple times over the past two days. This is odd. Something you do not see much, if at all. It has happened multiple times this year. I need to respect it.

On the last selloff, it ended with two events. Touching the 330 day moving average; something used by institutions. In addition, those levels were strongly defended by a large global bank. Then it was discovered that they had a collar in place and a breakdown would have cost them a lot of money.
A collar is a complex option and stock trade. Just leave it at that.
The collar they were defending was for a $20 billion dollar ETF to control volatility. That is the retail facing fund for you and me. Almost every ETF has a hedge fund behind it. I can guarantee there is at least one multiples larger for this strategy.
Now, this collar expires every quarter meaning a new one will be put into place shortly. I want to know where the collar is for the next quarter. Why?
If I know the collar, I know the level they will defend meaning I know when to cover my shorts on the next leg down.
I don't have to believe it but I need to respect it because it gives me a peek behind the veil. With that little bit of knowledge, it helps me make more informed and better decisions.

Don't ever become a trader. This is what fills my head every day.

[Pearl]

Well, Friday was unexpected. This weekend so far is kinda expected.

Failed the .236 Fibonacci retracement. Going back to the low. Maybe be quite fast given the technical damage done on Friday. This could get very ugly very fast.

This is not pain. The real pain is to come.

76,600 71,000 69,000 62,000

[Pearl]

At least Bitcoin does not look as bad as the S&P or Nasdaq. There is that at least.

A spinning top doji into a bearish engulfing candle on the weekly charts. JFC.

[Pearl]

If the Nevada bill goes through I will be posting updates here. https://discord.gg/QcnPKmMZ
It is the super secret server.

Still bearish. More so on the broader market for what I wrote above. We are only down 10%. It has not gotten bad. Yet. Something to remember about selloffs. A sign of a bottom is whan 'all correlations go to 1.' Not there yet.

Still here.

Bitcoin's price action was healthy. Basing this weekend after the selloff. Everyone is waiting for Asia and the premarkets to open.

[Pearl]

Still short. Bitcoin is too high relative to everything else.

[Pearl]

Don't jump in yet. The bottom is not in.

This is a black swan event.

If Bitcoin was a safe haven last week the selling which started a few hours ago indicates money moving out of Bitcoin into what might be a a bounce on the opening Monday morning.

Or we are having an 'all correlations go to 1' moment.

Very hard to tell at the moment.

...and this is with my shorts printing.

[Pearl]

73,600 .618 Fibonacci retracement.
69,000 is a confluence of support and trendlines.
62,600 is a 50% retracement from 2022 lows. Talk is this is the line in the sand. 50% retracements everywhere on every index.

4,820 on the S&P
16,350 on the Nasdaq

or close

[Pearl]

Raised my stops to protect profits. Got stopped out. Short exposure dropped considerably this morning until I get more clarity.

My stress level as well.

[Pearl]

Not sure where we are going. The buying is weak. My Bitcoin targets remain the same.
S&P and Nasdaq are the issues. Earnings start on Friday and word is companies will be pulling full year guidance. We are not far away from the 50% Fibonacci retest from 2022. Below that, I have no idea. 50% Fibonacci retracement from 2020? Terms are being bandied about like this is what Emerging Markets do. Rerating lower.
Same goes for Nasdaq.
Trying to back of envelope some stuff while taking time off for mental health and watching my shorts.
Don't do this for fun or a living.

[filghy2]

Don't do this for fun or a living.

So why are you doing it? Is it an addiction?

[Pearl]

So why are you doing it? Is it an addiction?

Pretransition, I used to work in the stock market.

I do it because I love it. When you do something you love, you never work a day in your life.

Also allows me to kick down a door and show transwomen can succeed in a male dominated job.

[filghy2]

Pretransition, I used to work in the stock market.

I do it because I love it. When you do something you love, you never work a day in your life.

Also allows me to kick down a door and show transwomen can succeed in a male dominated job.

Can you make a reliable living from financial speculation though, especially in current circumstances?

I know you will say that your risks are covered, but lots of people also thought that in 2008. Sometimes black swans come along that overturn assumptions based on previous experience. The reign of the mad king looks ripe for such events.

[Pearl]

Can you make a reliable living from financial speculation though, especially in current circumstances?

I know you will say that your risks are covered, but lots of people also thought that in 2008. Sometimes black swans come along that overturn assumptions based on previous experience. The reign of the mad king looks ripe for such events.

Very true. It is hard but not impossible. You are correct about black swans. There is no guarantee. Black swans are ou tin full force right now. I am doing well this year because I properly called the top based on a bunch of factors like everything being priced for perfection.

You need a bunch of things on your side. Good risk management. Knowing how much capital to risk on each trade. Setting stop losses to protect gains and limit losses. It is more about hitting singles with the occaisional home run that always swinging for the fence. For me.

One of the most fun, but challenging, things about trading is how there is no one set way to succeed. Some people have a 20% success rate with trades but the gains far exceed the losses. Others just nibble at small gains while hitting 80% of their trades.

One of the greatest portfolio managers of all time traded bonds, not stocks.

There is no guarantee my luck continues which is why I am reading up on additional trading techniques like Gann and Wyckoff. It is fascinating to me that techniques discovered 100 years ago are still valid today even with all of our technological advancements.

Also helps to talk to smart people, listen, share ideas and opinions, and be a part of a good group of people.