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*** Official Bitcoin Price Discussion Thread ***

Discussion in 'Crypto Currency & Mining' started by morguk, Dec 28, 2016.

  1. illuz

    Mobster

    Joined: Apr 27, 2012

    Posts: 3,087

    I'm a very long term swing trader. Gotta be patient to make money with relatively low risk in this market. Slow and steady :)
     
  2. Lokken86

    Mobster

    Joined: Mar 8, 2010

    Posts: 3,264

    Location: Aberdeen

    I was once like that with a big stash of btc that I'd almost never touch. Then I made an account just to trade alts with soon the alt stash was worth more than the btc I had. Ended up using my main pot of btc for the same thing but I'll only make a trade after very careful consideration and I wait for the most opportunistic moments to buy.
    If you can be bothered with it there is definitely a lot to be made on alts you just have to pick them smartly. Most will fail but I think your wrong that they are all useless. In fact bitcoin is technologically the weakest coin there is and probably just a matter of time before something replaces it tbh.
     
  3. TNA

    Sgarrista

    Joined: Mar 13, 2008

    Posts: 7,836

    Location: London

    +1
     
  4. Jokester

    Don

    Joined: Aug 7, 2003

    Posts: 35,797

    Location: Aberdeenshire

    There goes $5000.
     
  5. Kidge

    Hitman

    Joined: Sep 13, 2012

    Posts: 728

    What an amazing milestone!

    Gone up, what, $2500 in a matter of 3 weeks following that drop caused by China?
     
  6. Bluecube

    Hitman

    Joined: Feb 20, 2011

    Posts: 996

    $5,200 now. What’s behind the big jump?
     
  7. Kidge

    Hitman

    Joined: Sep 13, 2012

    Posts: 728

    Probably people trading alt coins for btc in preparation for the upcoming fork
     
  8. wedrum

    Wise Guy

    Joined: Aug 11, 2016

    Posts: 2,293

    Location: Alaska

    geez i missed this train
     
  9. Acme

    Capodecina

    Joined: Jul 29, 2011

    Posts: 24,922

    Location: Broken down.

    Yup. I saw it at £2500 and didn't buy in because I hoped it would fall further.... Damn damn damn. Every time.
     
  10. James 3.142

    Associate

    Joined: Aug 25, 2017

    Posts: 49

  11. jeff83nz

    Gangster

    Joined: Aug 26, 2013

    Posts: 154

    If true would be a game changer, but too risky for Amazon due to Crypto's reputation (fair or not).
     
  12. wedrum

    Wise Guy

    Joined: Aug 11, 2016

    Posts: 2,293

    Location: Alaska

    Going to wait until after the fork see if the price drops then invest in some
     
  13. Karateyid

    Wise Guy

    Joined: Jun 20, 2011

    Posts: 2,147

    Sold 0.25 when it dipped to £2500 and went down to £2200 briefly. Was greedy and expected it to go lower before buying back. Never did go lower n missed out buying back in
     
  14. Lokken86

    Mobster

    Joined: Mar 8, 2010

    Posts: 3,264

    Location: Aberdeen

    I sold a lot for 5400. New that was a mistake with the momentum it had. Shall wait for it to retest 5000 and go from there.
     
  15. James 3.142

    Associate

    Joined: Aug 25, 2017

    Posts: 49

    Holding on to all my BTC. I'm rubbish at trading.
     
  16. illuz

    Mobster

    Joined: Apr 27, 2012

    Posts: 3,087

    Slow and steady :cool:

    Choo Choo!
     
  17. Rezident

    Mobster

    Joined: May 29, 2007

    Posts: 3,804

    Location: Dublin

    I would just like to thank Jamie Dimon and the other bigwigs who clearly haven't a clue about bitcoin for dropping the price last month - thank you so much guys.

    Same again in November please? Are we still expecting another brief dip in Nov?
     
  18. Rezident

    Mobster

    Joined: May 29, 2007

    Posts: 3,804

    Location: Dublin

    $5600! This is nuts. I was actually a little scared that I was too exposed to bitcoin last month. Now I wish I had more.
     
  19. Lokken86

    Mobster

    Joined: Mar 8, 2010

    Posts: 3,264

    Location: Aberdeen

    Nobody knows. I suspect the sub 3000 days are past us now anyway.
     
  20. Wizzkidy

    Wise Guy

    Joined: Jun 25, 2003

    Posts: 1,478

    I sold 1 at $5200 last night but holding the rest I have :)

    Only took around 2 hours to sell the whole 1 BTC in about 15 transactions
     


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