 |
 |
Where will Bitcoin be on 9/4/2018?
Poll
| No votes (0%) | |||
| No votes (0%) | |||
| No votes (0%) | |||
| No votes (0%) | |||
 | 1 vote (11.11%) | ||
| | 2 votes (22.22%) | ||
| | 2 votes (22.22%) | ||
| | 1 vote (11.11%) | ||
| No votes (0%) | |||
| | 3 votes (33.33%) |
9 members have voted
| January 17th, 2018 at 8:54:52 PM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25013 | The Bitcoin Plunge Is CRUSHING Crypto-Craze Stocks https://www.cnbc.com/2018/01/17/the-bitcoin-plunge-is-crushing-crypto-craze-stocks.html If you take a risk, you may lose. If you never take a risk, you will always lose. |
| January 20th, 2018 at 10:22:00 PM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25013 | Just read a funny story about a CryptoCruise in the last 10 days. A cruise ship full of crypto investors. When they sailed the price of Bitcoin was $15K, when they returned it was just under $10K. Magical.. lol So it's stuck now around $12K and everybody is jittery. The Bitcoin people are saying it's 'exciting', the Bitcoin buyers are suicidal. Some are saying Bitcoin is done, others say it will hit $100K in 5 years. Love them pyramid schemes.. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| January 21st, 2018 at 6:41:21 AM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4178 |
My second son, the computer kid, says he expects it to be $100k when in 4 years it becomes much more difficult to mine a new one. He owns 1/2 of one. I told him to sell 1/4 when it was around 20k, and 'free-roll' the other 1/4. I loved his answer. He said the $5k he put in might go to zero, but since he expects it to continue going up, and substantially when the "mining change" thing happens, why would he sell now? He decided his risk tolerance was that $5k, and he is in for the long run. |
| January 21st, 2018 at 6:53:59 AM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18216 |
Looks like you raised him well. The President is a fink. |
| January 21st, 2018 at 8:25:13 AM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4178 |
I think so. But he is left of ams! I can at least say I raised him to think for himself. |
| January 21st, 2018 at 10:46:44 AM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25013 |
Some expect it to go to half a million. They also were convinced Hillary would win and Obamacare would save us all.. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| January 21st, 2018 at 12:26:44 PM permalink | |
| Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 | All 1465 Crypto-currencies: went from a market cap of $833 billion on 7 January to $556 billion today (21 January). So that is almost $300 billion to leave crypto- currencies in two weeks.
There is no PE ratio or anything else to base an expectation on. You might say there is mathematical basis for an Expected Value. So all speculation is based on emotion. |
| January 21st, 2018 at 1:15:11 PM permalink | |
| petroglyph Member since: Aug 3, 2014 Threads: 25 Posts: 6227 | Where did it go? The last official act of any government is to loot the treasury. GW |
| January 21st, 2018 at 2:23:45 PM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25013 |
Of course.
Thin air, the same place it came from. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| January 21st, 2018 at 9:51:17 PM permalink | |
| Wizard Administrator Member since: Oct 23, 2012 Threads: 239 Posts: 6095 |
I've posted about this before but it was an imaginary $300 billion that disappeared. So nothing really disappeared because all Cyrpto currencies are based on nothing, literally. It would be like me declaring the $15,140 in play money in my Monopoly set was worth face value in US dollars, auctioning it on Ebay and getting $1, and declaring $15139 as wealth that disappeared. Knowledge is Good -- Emil Faber |