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Thread: Bitcoin

  1. #31
    Trying to get outta here
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    Quote Originally Posted by Paper Tiger View Post
    Not a direct translation but the 'English' version:


    Best Wishes
    Paper Tiger
    No need for a word by word translation, my limited Dutch vocabulary managed to pretty much suss it out, I wonder if the Bitcoin song will have the same level of romance, or will it be more like the backing music from Nightmare on Elm Street.

  2. #32
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    Quote Originally Posted by blackcap View Post
    Thanks for that YAH. I had a look and am interested. I never know with such sites if they are reputable or not or if they have good backing and liquidity. So its good to get some feedback. Looking to short a few crypto's but would rather through the purchase of a long dated put as this bull run on bitcoin could go on for some time due to limited supply and supply constraints.
    This is where i started 18 months ago, I have never feessed up to anyone I have been trading bitcoin as all my peers would think I'm mad, which is true, I can afford to lose my investment so was more interested in the entertainment value...I had my initial investment back in eight weeks and it has just gone silly..found a way to get more out recently...I would say get out now however I have always got out too early so may run up a lot more yet :-)

  3. #33
    FEAR n GREED JBmurc's Avatar
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    Well I think the rise in the value of the Bitcoin has most likely come from wall street as they will be hoping to manipulate the spot price to benefit there Futures positions once they start trading on the CME ..

    Personal I don't see it as a local currency ... as I can't pay my NZ taxes with it ...and it only accepted in very few places...

    I see it as a pure(Gamble) investment one could say its much like buying a share in a company(a private one) ..yet some business are happy to take some BC for there sales ... such a grey area

    I'm sure many TAX department will be looking to bring new Taxing protocols of taxing payments in bitcoin ....Cap gains tax ....some pretty stiff fines if you are not disclosing trading profits

    http://time.com/money/5007068/theres...to-know-about/

    http://www.telegraph.co.uk/tax/capit...l-happen-dont/
    Last edited by JBmurc; 10-12-2017 at 03:10 PM.
    People don't have ideas, ideas have people

  4. #34
    FEAR n GREED JBmurc's Avatar
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    we will see shrewd ...I hope for your sake I'm wrong and it goes to a million
    People don't have ideas, ideas have people

  5. #35
    Reincarnated Panthera Snow Leopard's Avatar
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    om mani peme hum

  6. #36
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    Quote Originally Posted by Paper Tiger View Post
    Yes a mate today asked me about bitcoin ....next taxi I get I just know I'll be getting a rundown on how great it is>>
    People don't have ideas, ideas have people

  7. #37
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    "Now is your moment to lose everything. Act now! It could already be too late!"


    Quote Originally Posted by Paper Tiger View Post
    You know I'm for you Shrewdy, but be careful.
    For clarity, nothing I say is advice....

  8. #38
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    probably lots of people looking to short it thru the futures , shorting it thru bitcoin trust to expensive
    bull

  9. #39
    Membaa
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    Exposure to Bitcoin in $USD without having to own Bitcoin. http://www.zerohedge.com/news/2017-1...tures-contract this should be fun.

    Early days, thin trading on wide spreads. http://www.zerohedge.com/news/2017-1...ezed-10-higher

  10. #40
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    Has bitcoin done its dash? Reached a high of $18,200 on 8 Dec. Now on $15,000. Its longest downtrend for a long time

  11. #41
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    Quote Originally Posted by Shrewd Crude View Post
    mini you are far behind the game man... bitcoin fell to $13,000 range and now on a steady untrend...
    Maybe a bit optimistic - it took years to get to $18,000

  12. #42
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    Quote Originally Posted by Shrewd Crude View Post
    mini you are far behind the game man... bitcoin fell to $13,000 range and now on a steady untrend... this will go to $30,000 quickly... $100,000 next year man...
    Now there's a worry. What's an untrend?

  13. #43
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    $4000 range last day, wicked money lol and risk
    bull

  14. #44
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    Quote Originally Posted by minimoke View Post
    Maybe a bit optimistic - it took years to get to $18,000
    $0-$1000 - 1789 days
    $5000-$6000 - 8 days
    $6000-$7000 - 13 days
    $7000-$8000 - 14 days
    $8000-$9000 - 9 days
    $9000-$10000 - 2 days
    $10000-$11000 - 1 days
    $11000-$12000 - 6 days
    $12000-$13000 - 17 hours
    $13000-$14000 - 3 hours

  15. #45
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    If a bitcoin was something physical it would probably explode with that sort of energy behind it.

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