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-   -   Bitcoin revisited (http://www.striped-bass.com/Stripertalk/showthread.php?t=92631)

nightfighter 08-14-2017 06:59 AM

Bitcoin revisited
 
Broke through $4000....... Still intrigued. Still haven't found a way to invest in it. Price has skyrocketed over past four months and it has designated into two classes of Bitcoin. Old threads here reveal some interesting predictions. I will find a way to get involved, even if to a very limited scale. It could have legs in ten years....

JohnR 08-14-2017 08:06 AM

Quote:

Originally Posted by nightfighter (Post 1126233)
Broke through $4000....... Still intrigued. Still haven't found a way to invest in it. Price has skyrocketed over past four months and it has designated into two classes of Bitcoin. Old threads here reveal some interesting predictions. I will find a way to get involved, even if to a very limited scale. It could have legs in ten years....


It could also be confiscated as it is used to support sterile transactions of terrorists, organized crime (spyware/malware), and foreign interference peddling

Clammer 08-14-2017 03:53 PM

Ross I was with someone a month ago who had told me that they had invested in them & it was doing very good ...didn,t dig into it @ this age ,But if you want me to I can reach out to see how he got to invest ><><>

nightfighter 08-14-2017 03:59 PM

Please

piemma 08-15-2017 04:33 AM

After over 35 years selling into financial services, I can only relate that all the bank guys I know are staying away from it. Too easy for fraudulent transaction/criminal activity to take place.

JohnR 08-15-2017 07:33 AM

Quote:

Originally Posted by piemma (Post 1126287)
After over 35 years selling into financial services, I can only relate that all the bank guys I know are staying away from it. Too easy for fraudulent transaction/criminal activity to take place.

Wait, anonymous money? Nobody would ever do anything illegal with that ; ) - Ooops, gotta go launder my laundry ; )

Yes, Bitcoin is often used for illegal activities. Start here:

https://www.google.com/search?q=bitc...w=1196&bih=500

cheferson 08-31-2017 06:36 PM

Told all of you over 4 years ago lmao ! Where's spence 😭😂?!?! Bet you a vs lol ! Spence said double digits ,worthless 👌🏼! anonomous , not at all
! Every transaction is logged in the blockchain . Nightfighter Bitcoin and crypto currencies are easy to invest in . My gf's boss pays her 5 and 9 Yr old in Bitcoin for chores , lol ! Look up Gbtc 👀If your lazy
Posted from my iPhone/Mobile device

cheferson 08-31-2017 06:55 PM

They print millions of dollars everyday! Basically taking money out of everyone's pocket . Sheep dollars
Posted from my iPhone/Mobile device

cheferson 08-31-2017 07:04 PM

http://money.cnn.com/2017/01/31/inve...ing/index.html

Way more dirty money in the banking system
http://money.cnn.com/2017/01/31/inve...ing/index.html
10 billion dollars laundered , over 600 million in fines
Posted from my iPhone/Mobile device

nightfighter 09-01-2017 06:57 AM

Quote:

Originally Posted by cheferson (Post 1127354)
Told all of you over 4 years ago lmao ! Where's spence 😭😂?!?! Bet you a vs lol ! Spence said double digits ,worthless 👌🏼! anonomous , not at all
! Every transaction is logged in the blockchain . Nightfighter Bitcoin and crypto currencies are easy to invest in . My gf's boss pays her 5 and 9 Yr old in Bitcoin for chores , lol ! Look up Gbtc 👀If your lazy
Posted from my iPhone/Mobile device


GBTC is a viable option if you get by the 2% mgt fee they charge for doing nothing.... Of course that pales in comparison to the >85% premium one has to pay..... Investors in bitcoin have made some life changing gains over the past year plus. But as a classically trained economist/investment advisor, there are some very red flags flying....
Chef, can you tell me you would ever consider paying 85% premium for anything? Just presenting the other side of the risk coin.

cheferson 09-01-2017 08:00 AM

Gbtc is way over priced for the amount they actually hold, I agree 100% . Thing is Gbtc is the easiest in for the average Joe . Soon as more options are available , it will tank .

Just buy actual Bitcoin in person or from an exchange like Coinbase .
Posted from my iPhone/Mobile device

nightfighter 09-01-2017 09:08 AM

GBTC down 23.88% on the day at 0952 EST.....

cheferson 09-01-2017 09:37 AM

Quote:

Originally Posted by nightfighter (Post 1127385)
GBTC down 23.88% on the day at 0952 EST.....

Lol , saw that ! Only down 17% now . I imagine lots of early adopters and investors to take profit as the price closes in on 5 k .

Check out ethereum , Monero and litecoin
Posted from my iPhone/Mobile device

Nebe 09-01-2017 09:40 AM

People made a killing collecting and selling beanie babies and Pokémon cards too.

The higher the risk, the higher the reward or the loss.
Posted from my iPhone/Mobile device

cheferson 09-01-2017 10:06 AM

Could have bought gbtc this am at 767 and be at 880 an hour later .
Posted from my iPhone/Mobile device

cheferson 09-01-2017 12:52 PM

http://www.marketwatch.com/story/the...of2&yptr=yahoo
Posted from my iPhone/Mobile device

nightfighter 09-07-2017 08:52 AM

and this....

http://www.marketwatch.com/story/thi...ake-2017-09-07


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