What ever happened to Bitcoin?
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Thread: What ever happened to Bitcoin?

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  1. #1
    us
    Nov 2009
    Eugene Oregon
    Whites GMT
    207
    143 times
    Prospecting

    What ever happened to Bitcoin?

    Time marches on..
    Bubbles? Tulips?
    Click image for larger version. 

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    Technology?
    Lightning Network https://1ml.com/
    Value transfer on the main chain https://bitinfocharts.com/

    What lies ahead? https://www.theblockcrypto.com/post/...ip-development
    The Bitcoin Halving (early May 2020) https://www.bitcoinblockhalf.com/
    Honest Samuel likes this.
    https://coinmarketcap.com/





    This space is reserved for those with megalomanic tendencies.

  2. #2
    us
    Nov 2011
    Purgatory
    Pulsegarrettmasterpro2rabbit'sfoot
    1,050
    2298 times
    I bought some a few weeks ago at about 7400 along with a few litecoin. Seems likely it will continue to go up , the stock market seems really bubbly, very high p/e ratios thru out, that we havent seen since the dotcoms.. But nobody cares. The central banks can't control crypto yet, but they are certainly controlling the main equities/stock market with their buying. They have been buying for several years and still are at a rate of 30 billion per month until april (maybe more allocated because of Coronavirus), but I bet it won't end there. The stock market is crazy bullish. It is not truley a "free market" anymore. They put out a fear that you might miss out gains if you sell and that is pure craziness. Where does it end? I suppose you can't guess it or fight it. 401k it if you can and retire on a high.
    Honest Samuel likes this.

  3. #3
    us
    Nov 2011
    Purgatory
    Pulsegarrettmasterpro2rabbit'sfoot
    1,050
    2298 times
    A crypto ETF was in the works for 2020, but I think it's off for now, that would also stimulate bitcoin pricing. Another thing to consider is major Chinese crypto mining plants are pretty much shut down because of the corona virus, so that also increases price for now, and could extend depending upon what happens with the virus containment.

  4. #4
    us
    Captain Seaweed's Personal Finds

    Jan 2020
    Pilgrim Rock
    Please reccommend in private message
    148
    269 times
    Beach and Shallow Water Hunting
    Aka loser coin
    Last edited by Edgychris; Feb 12, 2020 at 08:10 PM.
    10 more feet

  5. #5
    us
    Captain Seaweed's Personal Finds

    Jan 2020
    Pilgrim Rock
    Please reccommend in private message
    148
    269 times
    Beach and Shallow Water Hunting
    No gold in a vault to back it up. No longer a 21 million member. Because theres 21 thousand hackers
    Last edited by Edgychris; Feb 12, 2020 at 08:16 PM.
    10 more feet

  6. #6
    us
    Sir

    Sep 2015
    Connecticut
    Minelab
    7,153
    3494 times
    All Types Of Treasure Hunting
    losers will off to jail, Bitcoin are not real.

  7. #7
    us
    Nov 2011
    Purgatory
    Pulsegarrettmasterpro2rabbit'sfoot
    1,050
    2298 times
    Hard to say. I don't fully understand it yet. Btc is nothing you can put money in and have something tangible except a number on a computer. But , so it seems everything is that way in investments. A piece of paper or some numbers on a brokerage account for stocks. You can sell them and have numbers put back in your bank account and withdraw them with pieces of paper that represents value. The financial world is messed up or at least hard to fathom. I just want to make money as we all do. Seems the dumber the money is , the more it increases in value anymore.

  8. #8
    us
    Nov 2011
    Purgatory
    Pulsegarrettmasterpro2rabbit'sfoot
    1,050
    2298 times
    Btc had an article fed is going to crack down on crypto, so it tanks.... Apple warns on earnings because of coronavirus, it rockets back up. Whacky. Coronvirus is going to mess with markets for months to come. Probably not always in a good way for most. Hard to say how much money is being used to float the market, Fed dollars , low interest rates for loans making liquidity, 401k monthly installments, foreign investments in our markets, computer algorithms running market. A day-traders dream I think. Fridays on option expirations can make a killing in like 10 mins with a 50 cent change in stock price on aapl, msft and a few others. Getting me thinking... Already did some on nvda but small bets, like 1500 at time , seeing it double and triple on puts and calls same day, but luck can run out quik. Crap had one triple in 10 mins was going in and out , but by the time i hit the button, I only doubled up. can lose it all just as fast. Vegas is fun, but I never gamble there. Stock market is a racket and way more accessible and sometimes even predictable.

 

 

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