Bitcoin

NorthStar

Member
Feb 8, 2011
24,305
1,323
435
Vancouver Island, B.C. Canada
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NorthStar

Member
Feb 8, 2011
24,305
1,323
435
Vancouver Island, B.C. Canada
? October 18, 2017 - https://www.forbes.com/sites/cbovai...nefiting-from-the-ico-crackdown/#4be7dd6d333a
? October 18, 2017 - http://www.businessinsider.com/bitcoin-price-cftc-primer-ico-2017-10
? October 19, 2017 - https://qz.com/1106594/tezos-dispute-puts-400-million-raised-in-the-ico-at-risk/
_____

? https://www.coindesk.com/the-ultimate-list-of-resources-for-researching-and-launching-icos/
? https://www.coinschedule.com/

https://topicolist.com/
https://icotimeline.com/

? 5 Best Bitcoin Wallets For Android Phones

"You should not store large amounts of Bitcoins on your Android device! You should have back-up or cold wallet storage. You are better off with offline wallets for large amounts. You should also do your own research on a wallet before installing it. Many wallets are malwares and they can steal your bitcoins once you fund them."
 
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NorthStar

Member
Feb 8, 2011
24,305
1,323
435
Vancouver Island, B.C. Canada
$6,054: Bitcoin Price Soars to All-Time High

https://www.cryptocoinsnews.com/6054-bitcoin-price-soars-to-all-time-high/


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Extra: Security

http://www.bbc.com/news/technology-41693556
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Attorney General: ”Bitcoin is a big problem”
They want in too, and the law might help, enforcing the playield with big rewards.
The risk: High, get rich or hack your way in between a rock and a hard place...

https://news.bitcoin.com/trumps-attorney-general-jeff-sessions-bitcoin-is-a-big-problem/
 
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Ron Resnick

Site Co-Owner, Administrator
Jan 24, 2015
15,964
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Beverly Hills, CA
Does anyone have any tips for learning how to trade bitcoins?

I think trading bitcoin is almost identical to trading any commodity (minus weather factors).
 

NorthStar

Member
Feb 8, 2011
24,305
1,323
435
Vancouver Island, B.C. Canada
It's like the gold rush; risking your life from the harshest and coldest elements. It is human nature in a constantly evolving world of enrichment and power. ...An illusive force of concrete reality, a wall between the rich and the poor.

Warren Edward Buffett wants nothing to do with it. But who knows how much regret he might have in the future. It's like with Amazon, with Tesla, with the giants of Wall Street.
 

Ron Resnick

Site Co-Owner, Administrator
Jan 24, 2015
15,964
13,231
2,665
Beverly Hills, CA
It's like the gold rush; risking your life from the harshest and coldest elements. . . .

Earth to Bob . . . Earth to Bob . . . come in Bob! How do you make this stuff up?

How is holding a mobile phone in the comfort of your own home trading bitcoin on a easy-to-use brokerage app remotely like "risking your life from the harshest and coldest elements [during the Gold Rush]"?
 

Folsom

VIP/Donor
Oct 25, 2015
6,020
1,487
520
Eastern WA
I love these discussions. Looks like a great way to generate some investment tax losses. If you're buying this stuff though, you probably don't need any more.

Just trade poorly on alt coins, you should have loss in no time. Bitcoin? meh, not any time soon.
 

Folsom

VIP/Donor
Oct 25, 2015
6,020
1,487
520
Eastern WA
Earth to Bob . . . Earth to Bob . . . come in Bob! How do you make this stuff up?

How is holding a mobile phone in the comfort of your own home trading bitcoin on a easy-to-use brokerage app remotely like "risking your life from the harshest and coldest elements [during the Gold Rush]"?

You pioneer, you! :rolleyes:
 

NorthStar

Member
Feb 8, 2011
24,305
1,323
435
Vancouver Island, B.C. Canada
Earth to Bob . . . Earth to Bob . . . come in Bob! How do you make this stuff up?

How is holding a mobile phone in the comfort of your own home trading bitcoin on a easy-to-use brokerage app remotely like "risking your life from the harshest and coldest elements [during the Gold Rush]"?

Are you a junk bond financial broker/manager, Ron?
 
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Ron Resnick

Site Co-Owner, Administrator
Jan 24, 2015
15,964
13,231
2,665
Beverly Hills, CA
No; I have never been any kind of broker.

Someone who deals in bonds might be called a bond broker, but not a stock broker.
 

Ron Resnick

Site Co-Owner, Administrator
Jan 24, 2015
15,964
13,231
2,665
Beverly Hills, CA
I don't know anything about bitcoin. But the mere fact that Wall Street commercial banks and investment banks are gearing up to utilise it suggests to me that it's something more then vapor. And Peter Thiel has a pretty impressive track record of being correct.

The closest analogy to bitcoin probably is gold. Warren Buffett does not like gold either, because it has no independently ascertainable value and it does not pay a dividend.
 

NorthStar

Member
Feb 8, 2011
24,305
1,323
435
Vancouver Island, B.C. Canada
I know less than nothing about bitcoin, only the various articles I've read.

Investing is different for each person. There are many strategies, timing, believing, investigating, underground info, dubious and illicit activities, etc., etc., etc. Some get rich with insider info, with the Web, with the dot com gold rush, with the diamonds trade, with anything you name it.

Bitcoin is highly volatile and risky, it has a tough way to measure, we don't know everything, just like the tech stocks, the energy stocks, the international markets, ...

Coke is good, Apple is good, ...

Tesla? It goes against some numbers.
Amazon? Warren regrets not having bought earlier.

Bitcoin is for people ready to lose their money. I personally wouldn't recommend for normal investors. But for heavy gamblers yes, who have extra money to lose yes, or risk to gain in a computerised world.

And I don't trust banks.
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$ http://fortune.com/2017/08/10/should-i-buy-bitcoin/

$$ https://www.fool.com/investing/2017/08/11/so-you-want-to-invest-in-bitcoin-heres-what-you-sh.aspx
 
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