Bitcoin now at 10000+

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  • Smack dat
    So Fucking Banned
    • Jul 2016
    • 4613

    #1

    Bitcoin now at 10000+

    10400+ when I last looked. So much for the big seek of I resisted huh, I suck.
  • Paul&John
    Confirmed User
    • Aug 2005
    • 8644

    #2
    This thing should skyrocket in the upcoming days!
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    • PornDiscounts-V
      Confirmed User
      • Oct 2003
      • 5744

      #3
      If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.

      Bitcoin and others are about speculative investing. Yes, you can buy and hold. But unlike IPO investing, you won't get dividends.

      So you need to invest like a junk bond trader. Buy low, sell high.
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      • adultchatpay
        Let's Make Money
        • Dec 2008
        • 8785

        #4
        Everyone will now buy bitcoin,. it is going mainstream sort of.
        But any investment that grew so much in a short period of time will eventually burst.
        When? I don't know.
        As of now, ride with the craze and make money while it last.

        Comment

        • rowan
          Too lazy to set a custom title
          • Mar 2002
          • 17393

          #5
          Originally posted by PornDiscounts-V
          If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.
          If history is going to repeat, even a crash (with an unrealised loss) would not be catastrophic, because the value would eventually recover and then continue to climb even higher. It's happened about 4 or 5 times now.

          Two things to consider:

          1. This particular ride up is more significant than previous crash-recover-climb cycles, and because of the explosion in value everyone's hearing about Bitcoin this, Bitcoin that. With more speculators the after-effects of the next crash could be quite different.

          2. Past performance is not an indication of future performance.

          Comment

          • rowan
            Too lazy to set a custom title
            • Mar 2002
            • 17393

            #6
            With the value climbing so rapidly you could buy today, then sell off a little periodically to reduce your risk of losing all your capital. At this rate you could probably recover your initial investment within a month or two, then sit and do nothing as you watch the unrealised profits of the remaining balance grow. But there's still a risk of catastrophic loss until you reach that safety point.

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            • Paul&John
              Confirmed User
              • Aug 2005
              • 8644

              #7
              Originally posted by PornDiscounts-V
              If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.

              Bitcoin and others are about speculative investing. Yes, you can buy and hold. But unlike IPO investing, you won't get dividends.

              So you need to invest like a junk bond trader. Buy low, sell high.
              There was a correction of some sort a few hours ago (went down from 10700+ to 10000+) I had a stop sell set at 10120 just in case it gets even deeper.
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              Comment

              • NatalieK
                Natalie K
                • Apr 2010
                • 20123

                #8
                10900 atm
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                • Caldo
                  Confirmed User
                  • Apr 2007
                  • 4003

                  #9
                  wow amazing ...


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                  • pimpmaster9000
                    Too lazy to set a custom title
                    • Dec 2011
                    • 26732

                    #10
                    Report a suspicious cracker: Click Here

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                    • Paul&John
                      Confirmed User
                      • Aug 2005
                      • 8644

                      #11
                      Originally posted by crucifissio
                      It should say 'expensive' ;)
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                      • adultwebmestar
                        Confirmed User
                        • Aug 2009
                        • 222

                        #12
                        30.000 usd for Christmas?

                        Comment

                        • pimpmaster9000
                          Too lazy to set a custom title
                          • Dec 2011
                          • 26732

                          #13
                          the price went up 10000$/day and everybody lived happily ever after...the most basic laws of economy decided to change and not rain on the parade...governments just decided that their death grip on power and money was a thing of the past...one micro satoshi was worth 100billion dollars

                          what a fucking joke LOL...
                          Report a suspicious cracker: Click Here

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                          • Paul&John
                            Confirmed User
                            • Aug 2005
                            • 8644

                            #14
                            Originally posted by crucifissio
                            the price went up 10000$/day and everybody lived happily ever after...the most basic laws of economy decided to change and not rain on the parade...governments just decided that their death grip on power and money was a thing of the past...one micro satoshi was worth 100billion dollars

                            what a fucking joke LOL...
                            still not late to get in ;)
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                            • Kafka
                              Confirmed User
                              • Oct 2002
                              • 466

                              #15
                              Ethereum $513.76
                              Bitcoin Cash $1,667.82
                              Bitcoin Gold $351.41

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                              • pimpmaster9000
                                Too lazy to set a custom title
                                • Dec 2011
                                • 26732

                                #16
                                Originally posted by Paul&John
                                still not late to get in ;)
                                dude its rising at a 1000$/day what could possibly go wrong?
                                Report a suspicious cracker: Click Here

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                                • 2MuchMark
                                  Mark of 2Much.net
                                  • Aug 2004
                                  • 50991

                                  #17
                                  It's absolutely not too late to get in. Don't forget that you don't need to buy a whole coin. You can buy just a couple of hundred dollars and do well.

                                  For me I already own some BTC and BCH. I sold what I had in LTC (Litecoin) but it was a mistake because it's jumped from about $60 when I sold it, to $137 as I write this. I think I'll jump back in.

                                  Comment

                                  • Paul&John
                                    Confirmed User
                                    • Aug 2005
                                    • 8644

                                    #18
                                    Originally posted by crucifissio
                                    dude its rising at a 1000$/day what could possibly go wrong?
                                    A little correction and we are back on track

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                                    • tokmansta
                                      Confirmed User
                                      • Jan 2013
                                      • 566

                                      #19
                                      Originally posted by crucifissio
                                      dude its rising at a 1000$/day what could possibly go wrong?
                                      https://twitter.com/bitfinexed

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                                      • celandina
                                        Too lazy to set a custom title
                                        • Jun 2006
                                        • 11728

                                        #20

                                        Comment

                                        • onwebcam
                                          Fake Nick 1.0
                                          • Oct 2005
                                          • 27689

                                          #21
                                          Originally posted by tokmansta
                                          "Liquidity is important folks. A 10 million sell, dropped the market cap of bitcoin by 20 billion 'dollars'. Even if you add up all exchanges... it's not going to add up to 20 billion."
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                                          • pimpmaster9000
                                            Too lazy to set a custom title
                                            • Dec 2011
                                            • 26732

                                            #22
                                            Originally posted by onwebcam
                                            "Liquidity is important folks. A 10 million sell, dropped the market cap of bitcoin by 20 billion 'dollars'. Even if you add up all exchanges... it's not going to add up to 20 billion."
                                            Report a suspicious cracker: Click Here

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                                            • MaDalton
                                              I am Amazing Content!
                                              • Feb 2004
                                              • 39861

                                              #23
                                              I used to make jokes like some people here - I wish I didnt - now i got in 3 months ago and more than doubled my investment since then.
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                                              • The Porn Nerd
                                                Living The Dream
                                                • Jun 2009
                                                • 19788

                                                #24
                                                I'm in baby!!!

                                                http://gfy.com/fucking-around-and-pr...y-bitcoin.html

                                                It may be "late" to get in BUT maybe it's not. Who knows. Let's check this time next year. The math will be easy! Got in at 10K and now BTC is worth......cha-ching?

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                                                • Google Expert
                                                  Webmaster
                                                  • Jun 2004
                                                  • 14294

                                                  #25
                                                  Originally posted by crucifissio

                                                  Comment

                                                  • Google Expert
                                                    Webmaster
                                                    • Jun 2004
                                                    • 14294

                                                    #26
                                                    Originally posted by crucifissio

                                                    Comment

                                                    • TheDynasty
                                                      See Signature
                                                      • Apr 2016
                                                      • 5882

                                                      #27
                                                      Everything is down i suggest buying now.
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                                                      • Bladewire
                                                        StraightBro
                                                        • Aug 2003
                                                        • 56228

                                                        #28
                                                        ^^^ Truth


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                                                        • NatalieK
                                                          Natalie K
                                                          • Apr 2010
                                                          • 20123

                                                          #29
                                                          Originally posted by TheDynasty
                                                          Everything is down i suggest buying now.
                                                          Originally posted by Bladewire
                                                          ^^^ Truth
                                                          this
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                                                          • Bladewire
                                                            StraightBro
                                                            • Aug 2003
                                                            • 56228

                                                            #30
                                                            Originally posted by PornDiscounts-V
                                                            If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.
                                                            You still think it will tank at 12k?


                                                            Skype: CallTomNow

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