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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?

Always love to bounce this kind of stuff off the Planet. Have any of you done any research into Bitcoin, and if you hold any opinions on the concept I'd love to hear what you think.





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Old 01-17-2018, 07:19 PM   #1306
BWillie BWillie is offline
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Nobody ever talks about their gambling losses either.
??? I do. I usually tell people my worst days just to see them freak out. When I tell my parents I lost $10,000 or something, they go what what what what! You need to quit! Nobody seems to care about when I tell them I win, so now I just tell them how much I lose and they seem to perk up.
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Old 01-17-2018, 10:21 PM   #1307
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Old 01-17-2018, 11:19 PM   #1308
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Still up 32% from when I invested in Ripple 3 weeks ago. I think it will go back up in time.
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Old 01-18-2018, 09:51 AM   #1309
Hog's Gone Fishin Hog's Gone Fishin is online now
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Just a reminder,

7:57 PM ET 1/11/18 | Dow Jones
RELATED QUOTES


10:48 AM ET 1/18/18
Symbol Last % Chg
GBTC
1,845 12.78%
Real time quote.


By Maria Armental

Grayscale Investments LLC, a unit of Barry Silbert's Digital Currency Group Inc., is making another move for retail investors: a 91-for-1 stock split of Bitcoin Investment Trust's stock.

With the split, shareholders of record as of Jan. 22 would receive 90 additional shares on Jan. 26 for each share held.

The stock, which trades over the counter under the ticker GBTC, closed Thursday at $1,708.01.

While splits don't change a company's value, they tend to generate interest in the stock as the lower price makes it more attractive to a larger group of investors, driving up the value.

Grayscale Investments last year filed--and later withdrew--an application with the Securities and Exchange Commission to launch a bitcoin exchange-traded fund. An ETF on a U.S. exchange would offer investors a way to bet on the cryptocurrency through their existing brokerage accounts.

Bitcoin, backed by algorithms rather than pledges from national governments, has so far remained a niche product. It was trading Thursday at $12,948.01, according to Coindesk.
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Old 01-18-2018, 10:15 AM   #1310
ghak99 ghak99 is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Just a reminder,

7:57 PM ET 1/11/18 | Dow Jones
RELATED QUOTES


10:48 AM ET 1/18/18
Symbol Last % Chg
GBTC
1,845 12.78%
Real time quote.


By Maria Armental

Grayscale Investments LLC, a unit of Barry Silbert's Digital Currency Group Inc., is making another move for retail investors: a 91-for-1 stock split of Bitcoin Investment Trust's stock.

With the split, shareholders of record as of Jan. 22 would receive 90 additional shares on Jan. 26 for each share held.

The stock, which trades over the counter under the ticker GBTC, closed Thursday at $1,708.01.

While splits don't change a company's value, they tend to generate interest in the stock as the lower price makes it more attractive to a larger group of investors, driving up the value.

Grayscale Investments last year filed--and later withdrew--an application with the Securities and Exchange Commission to launch a bitcoin exchange-traded fund. An ETF on a U.S. exchange would offer investors a way to bet on the cryptocurrency through their existing brokerage accounts.

Bitcoin, backed by algorithms rather than pledges from national governments, has so far remained a niche product. It was trading Thursday at $12,948.01, according to Coindesk.
Are you playing this long or short?

I have to keep pretty liquid in the next few months, but this seems interesting.
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Old 01-18-2018, 10:27 AM   #1311
wutamess wutamess is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
GBTC is doing a 90-1 split if you hold shares on Jan22. currently at about 1700 / share
What does this mean? I just got back in today. it's been so good to me over the past year.
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Old 01-18-2018, 01:43 PM   #1312
Hog's Gone Fishin Hog's Gone Fishin is online now
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Originally Posted by ghak99 View Post
Are you playing this long or short?

I have to keep pretty liquid in the next few months, but this seems interesting.
I've been buying and selling this stock for a month because of the volatility and done quite well overall. BUT after the split it will be somewhere around $20 /share and I'm going to play the long. It may go to $10 but there's a MUCH better chance it will go to $50 or much higher. Some players are betting it climbs right back up to 300-500 but who the hell knows. I just bought 3 more share about 15 minutes ago at 1836.
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Old 01-18-2018, 02:14 PM   #1313
wutamess wutamess is offline
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Originally Posted by Hog's Gone Fishin View Post
I've been buying and selling this stock for a month because of the volatility and done quite well overall. BUT after the split it will be somewhere around $20 /share and I'm going to play the long. It may go to $10 but there's a MUCH better chance it will go to $50 or much higher. Some players are betting it climbs right back up to 300-500 but who the hell knows. I just bought 3 more share about 15 minutes ago at 1836.
I got in at $1841 earlier today kicking myself for not getting in at $1400 yesterday.
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Old 01-19-2018, 10:36 AM   #1314
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Old 01-19-2018, 11:05 AM   #1315
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Finally!
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Old 01-19-2018, 12:14 PM   #1316
ghak99 ghak99 is offline
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Originally Posted by wutamess View Post
I got in at $1841 earlier today kicking myself for not getting in at $1400 yesterday.
You trying to do any dollar averaging today?

I can't watch any longer, pulling the trigger to let a couple ride through the change.
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Old 01-19-2018, 12:27 PM   #1317
wutamess wutamess is offline
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You trying to do any dollar averaging today?

I can't watch any longer, pulling the trigger to let a couple ride through the change.
No. I usually ride it for a day or so and pull out. Down a little bit but really hate holding this over weekends with the volatile nature of BTC. If push comes to shove, I'll take a long position if needed. Not worried about taxes as it's being traded in a rollover IRA account.
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Old 01-19-2018, 01:25 PM   #1318
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I got a lot of great coins in the recent sale. I'm aiming for 20k in Ripple coins. I'm a quarter of the way there now.
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Old 01-19-2018, 05:38 PM   #1319
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You guys sure have alot of gumption and no fear to dick with those exchanges. I only have about $6,500 on exchanges and I'm still scared. Those ****ers get hacked all the time, can go under without any warning, some of the more shady ones have even just stole peoples money. Yobit stole some ethereum from me six months ago. Then they'll just announce oh guess what, your favorite coin is now is now in maintenance mode indefinitely. Zing! Don't trust 'em. Too much work to daytrade shit crypto. Too many fees to worry about.

JUST HODLING IT DOWN HERE
Go go go BTC, Ethereum, LTC, Dash, Monero, Icon, RaiBlocks, Pivx. Bout it.

I'm going to **** around with some shitcoin masternodes, but dump it before it goes ponzi. Dicking around with shitcoins and worrying about when they go up and down, shit is for the birds.
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Old 01-19-2018, 05:59 PM   #1320
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ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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