Bitcoin : The New World Currency

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vvk
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Re: Bitcoin : The New World Currency

Post by vvk »

submethod wrote:
vvk wrote:
submethod wrote:bitcointalk.org
coindesk.com

We just surpassed $8,000 per BTC
in all seriousness.... How far / where do you think this thing will go in the next year?
It is difficult to say. I predict 100K in the next ten years. However, I do predict 10K by end of the year. It might be bumpy with pull backs though.

2 words... HOLY SHAT
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outeredgestudio
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Re: Bitcoin : The New World Currency

Post by outeredgestudio »

submethod wrote:bitcointalk.org
coindesk.com

We just surpassed $8,000 per BTC


Thank you!
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submethod
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Re: Bitcoin : The New World Currency

Post by submethod »

We just hit $9,500 and its still going.
vvk
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Re: Bitcoin : The New World Currency

Post by vvk »

Sucha A Awesome ride today... Makes you feel alive! Hope you guys were all safe and no one got burned.
Last edited by vvk on Thu Nov 30, 2017 7:25 pm, edited 1 time in total.
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submethod
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Re: Bitcoin : The New World Currency

Post by submethod »

We broke $10,000 and rallied to $11k before a drop down to $10,100 average. For those of you who listened to me, congrats!
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spagucci1
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Re: Bitcoin : The New World Currency

Post by spagucci1 »

I wish I would have bought into this. Oh well! Congrats to those that invested!
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submethod
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Re: Bitcoin : The New World Currency

Post by submethod »

$13000
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cybernigel
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Re: Bitcoin : The New World Currency

Post by cybernigel »

Straight ballin'.
Broke $19K today. 8)
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TinManOne
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Re: Bitcoin : The New World Currency

Post by TinManOne »

Where is the best place to buy in ?
Last edited by TinManOne on Sat Dec 09, 2017 1:43 am, edited 1 time in total.
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submethod
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Re: Bitcoin : The New World Currency

Post by submethod »

$16,399 as of this press time.
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bdavenport
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Re: Bitcoin : The New World Currency

Post by bdavenport »

TinManOne wrote:Where us the best place to buy in ?
2016
toobs wrote:FCUK U JOBUUUUU!!!
vvk
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Re: Bitcoin : The New World Currency

Post by vvk »

TinManOne wrote:Where is the best place to buy in ?
a remember Sub listing a few different exchanges / online wallets a few pages back.

but read through this list some of these and see if anything interest you.

https://www.bestbitcoinexchange.io/
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TinManOne
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Re: Bitcoin : The New World Currency

Post by TinManOne »

Thanks abunch guys !

I'll look into it
Modern art = I could do that + yeah... but you didnt
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spagucci1
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Re: Bitcoin : The New World Currency

Post by spagucci1 »

Bitcoin currently at $9300.
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submethod
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Re: Bitcoin : The New World Currency

Post by submethod »

Yes...bear market. Nothing new. It'll be fine.
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submethod
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Re: Bitcoin : The New World Currency

Post by submethod »

BTC is back over $10,800. Break out your champagne bottles.
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Backpackpunk
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Re: Bitcoin : The New World Currency

Post by Backpackpunk »

submethod wrote:BTC is back over $10,800. Break out your champagne bottles.
Its been a nice ride for the last few months. :)
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vvk
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Re: Bitcoin : The New World Currency

Post by vvk »

Is this true?

“When bitcoin first crossed $10,000 in November 2017, it took just 18 days to hit its all-time high of nearly $20,000”
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NegCreep
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Re: Bitcoin : The New World Currency

Post by NegCreep »

vvk wrote:Is this true?

“When bitcoin first crossed $10,000 in November 2017, it took just 18 days to hit its all-time high of nearly $20,000”
It is true!
https://coinmarketcap.com/currencies/bi ... d=20171217
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submethod
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Re: Bitcoin : The New World Currency

Post by submethod »

$32,829 I told you.
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jjttdw
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Re: Bitcoin : The New World Currency

Post by jjttdw »

#cryptobubble
vvk
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Re: Bitcoin : The New World Currency

Post by vvk »

jjttdw wrote:#cryptobubble
I would laugh, but im to busy counting my.....
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jjttdw
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Re: Bitcoin : The New World Currency

Post by jjttdw »

I'm of the opinion that with interest rates so durn low capital is looking for any and every avenue for better returns. That includes things like bitcoin and explains why the stock market is so high when many companies are reporting lower earnings. Eventually air comes out of the bubble. The only questions are when and how much air.

Perhaps I am missing some underlying economic reason as to why the value of a bitcoin has risen 3x in 3 months.
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Re: Bitcoin : The New World Currency

Post by vvk »

jjttdw wrote:I'm of the opinion that with interest rates so durn low capital is looking for any and every avenue for better returns. That includes things like bitcoin and explains why the stock market is so high when many companies are reporting lower earnings. Eventually air comes out of the bubble. The only questions are when and how much air.

Perhaps I am missing some underlying economic reason as to why the value of a bitcoin has risen 3x in 3 months.
I appreciate your opinion.
Everyone probably has a different reason or belief of its value, however I will share my reason. It comes down to Supply and Demand, which is something we all here understand. Its the very foundation of this collectors market. You have it and I want it. and thus I will Pay XXX amount for it. however Next month I may not want it and will offer to sell it for XXXX amount so I can buy my Lambo.
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jjttdw
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Re: Bitcoin : The New World Currency

Post by jjttdw »

Kinda dovetails into what I was saying...free capital looking for a place with higher returns meets a something with limited supply. Same thing goes with stocks. More buyers than sellers, price goes up attracting more buyers, price goes up etc.

The dotcom and housings bubbles were built on that dynamic. I wish I threw a couple grand into it when it was super cheap. Then we both have:

Image

Or a better Obey collection

I just wonder when the Tesla bubble pops. GM has 6x revenue and billions in profit, Tesla maybe breaks even and has a market cap 10x higher.
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