Bitcoin - Crypto investing and trading discussion

Discussion in 'Crypto Forum' started by heyimsnuffles, Dec 22, 2016.

  1. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    T0rm3nted and Stockaholic like this.
  2. leonx81

    leonx81 Well-Known Member

    Joined:
    Apr 4, 2016
    Messages:
    1,119
    Likes Received:
    563
    Stockaholic likes this.
  3. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    not done yet lol. past 41k now as of this early AM...

    does this have legs to 50k, before the inevitable rug pull? :p
     
  4. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Here is the rug pull
    -20%

    I say this bottoms on this leg around 25k
     
  5. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    I think we are seeing BTC selling off here as all the hot money is chasing the meme stocks
     
  6. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    $1.5B from Elon..

    But at what price? Surely they did not do it today.
     
  7. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    UPDATE 1-Bitcoin jumps 10% to record high on Tesla investment news
    ByReuters Staff

    1 MIN READ

    (Adds details, background)

    LONDON, Feb 8 (Reuters) - Bitcoin jumped more than 10% on Monday to a record high after Tesla said it had invested $1.5 billion in the most popular cryptocurrency last month.

    The news sent Bitcoin soaring as high as $43,625 as of 1300 GMT. Smaller cryptocurrencies including ethereum and XRP that tend to move in tandem with bitcoin also jumped, rising as much as 5% and 4% respectively.

    The electric carmaker unveiled the investment ten days after its chief executive Elon Musk drove up the cryptocurrency’s price by adding a “#bitcoin” tag on his Twitter profile page.

    Musk removed the tag from his Twitter bio a few days later but has continued talking up bitcoin and other cryptocurrencies, in particular, dogecoin, to his 46 million Twitter followers.

    In December, he had mooted the possibility of converting “large transactions” of Tesla’s balance sheet into bitcoin.

    Bitcoin is up almost 50% this year following gains of over 300% in 2020.
     
  8. removedatuserrequest

    removedatuserrequest Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    998
    Likes Received:
    1,290
    Are we over that 50K yet? :koolaid: Looks like the futes have already printed. Any guesses on the next stop until the next inevitable rug pull? :p
     
  9. removedatuserrequest

    removedatuserrequest Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    998
    Likes Received:
    1,290
    looks like that 50k did finally print during the overnight. i know i was calling for it after that last major pullback, but shit i honestly did not think it was gonna happen this quickly lmao.

    [​IMG]
     
    T0rm3nted likes this.
  10. removedatuserrequest

    removedatuserrequest Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    998
    Likes Received:
    1,290
    another new ath over 51k this AM

    1.png
     
    T0rm3nted likes this.
  11. removedatuserrequest

    removedatuserrequest Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    998
    Likes Received:
    1,290
    almost to 54K now :eek:

    2.png
     
    Rustic1 and T0rm3nted like this.
  12. Rustic1

    Rustic1 Well-Known Member

    Joined:
    Jan 3, 2021
    Messages:
    1,143
    Likes Received:
    445
    Here we go boys n girls.


    Screenshot_20210219-112920_Webull.jpg
     
  13. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Mother of God!

    +7% at the highs

    Is this some sort of mad scramble to own or just the world going crazy with daytrading?
     
    Rustic1 likes this.
  14. Rustic1

    Rustic1 Well-Known Member

    Joined:
    Jan 3, 2021
    Messages:
    1,143
    Likes Received:
    445
    Canada now has 2 ETFs. And ELON got a slap on the wrist for tweeting to much about it. A little bit of both. Seems like the buyers are snapping it up at every dip though.

    What if ELON is SATOSHI? :cool2:

    Conspiracies ensue. Ha ha.
     
  15. roadtonowhere08

    roadtonowhere08 Well-Known Member

    Joined:
    Apr 13, 2020
    Messages:
    578
    Likes Received:
    481
  16. Rustic1

    Rustic1 Well-Known Member

    Joined:
    Jan 3, 2021
    Messages:
    1,143
    Likes Received:
    445
    Can you imagine that. Just hit 1 Trillion.

    Good article, another longtime believer. Screenshot_20210219-163143_Webull.jpg
     
  17. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,447
    Likes Received:
    3,268
    Up and over 57k now

    upload_2021-2-20_11-53-28.png
     
    Rustic1 and removedatuserrequest like this.
  18. Rustic1

    Rustic1 Well-Known Member

    Joined:
    Jan 3, 2021
    Messages:
    1,143
    Likes Received:
    445
    Elon just tweeted he felt the price is kinda high, Im sure he got a little slap on the hand. If the SEC trys to fine him,, he will laugh it off and pay in bitcoin.This is way beyond him now, he owns a very small percentage.
    It just topped 1 Trillion and is now being taken as a serious Contender.
    In time we will have a ETF here at home just the way Canada has paved the way.

    For those that think its a tulip bubble, they should not invest into it.
    Would love to hear what WARREN BUFFETT and CHARLIE MUNGER have to say about it now. They could have tossed a measly million out their lunch money into it a year ago just to prove how worthless it really is.
     
  19. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    I think its a Tulip bubble, and Im invested.

    There is no doubt that this is in bubble territory, it will pop. The question is if it happens at $100k, $200k or where ever the final top is.

    Same thing as tech stocks in 2000, the were all valued on fluff.

    Once the air came out, the strong survived and the others faded away.

    RIP pets.com.
     
    Rustic1 likes this.
  20. Rustic1

    Rustic1 Well-Known Member

    Joined:
    Jan 3, 2021
    Messages:
    1,143
    Likes Received:
    445
    Noticing the other 3 are selling off fairly hard. Bitcoin is holding strong though.
     

Share This Page