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Bitcoin - Crypto investing and trading discussion

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

  1. Rishi_at_Tiingo

    Rishi_at_Tiingo Moderator, Stockaholics CBO, Quant Trader

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    I have started mining/folding CureCoin. The idea that you load up Folding @ Home: https://foldingathome.stanford.edu and you get CureCoin and Folding Coin.

    It's the idea of people getting compensated to promote protein folding and what if we could get all those GPUs folding proteins instead of mining Eth :)

    Really cool way to apply cryptocurrencies and I look at it as getting a free call option for something I'd want to do anyway

    Also here is the CureCoin site as well: https://www.curecoin.net/

    It's a bit confusing to set up both at once but there is Folding Browser to help: https://github.com/Hou5e/FoldingBrowser
     
    twerpner likes this.
  2. Onepoint272

    Onepoint272 Well-Known Member

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    I'm afraid that digital money and implanted chips are the key components of planet-wide enslavement. Mis-behave and they'll be able to shut you off. It's the end game of this tapeworm economy that sucks wealth from everyone.
     
    #42 Onepoint272, Feb 12, 2017
    Last edited: Feb 13, 2017
    DutchLung likes this.
  3. aaa

    aaa Member

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    Bitcoin had a volatile start in 2017. After rising 20% in the first week, it plunged 35% in January as PBOC launched a currency crackdown. Further actions by PBOC led to another fall of 10% last week. The currency, as an asset class is clearly facing growth pangs as it struggles to gain acceptance amid patchy regulations. But various trends like Brexit, Trump, demonetization, have been increasing public interest in Bitcoin as an alternative form of investment. A case in point is India.

    A week following demonetization, the average selling price of one bitcoin on India's top exchanges was ~Rs. 53000 ($ 783) vs a price of ~$717 on the international exchange Coinbase, a premium of ~9%. The Indian Govt has been promoting cashless transactions and this has encouraged an increasing number of users to experiment with Bitcoins as a digital currency. The country's three Bitcoin trading platforms, Zebpay, Unocoin and Coinsecure have reported a rise in volumes after demonetization.

    Bitcoins can be transacted using a mobile phone or desktops, with no intermediaries and minimal transaction fees. A huge unbanked population, prominence of smartphone usage even in hinterlands, low penetration of plastic money and Govt. support of cashless transactions - provide the perfect ecosystem for the Bitcoin market to thrive in India.

    In absence of a legal, regulatory, security and a consumer protection framework, risks to bitcoin usage remain high. But demonetization has forced the Indians to sit up and explore alternatives to cash transactions and existing investment products. Bitcoin could possibly ride on this trend and be a game changer in the financial services environment.
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    http://www.businessinsider.com/bitcoin-price-plunges-suddenly-and-sharply-march-8-2017-2017-3
     
  5. heyimsnuffles

    heyimsnuffles Active Member

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    Yeah, that happens. Another buying opportunity. Over $1000 be long.
     
  6. chris haiden

    chris haiden New Member

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    now everyone must invest in bitcoin. as bitcoin is used as digital currency and its price is also too high. so we must start investing in bitcoin
     
  7. internationalstocks

    internationalstocks Active Member

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  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    This run is amazing.
     
  9. Timbo

    Timbo Active Member

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    Daaaayyyyyuuuummmm. Whoda thunk it.
     
  10. tbw875

    tbw875 Active Member

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    Seems like it's been hitting some resistance at 17.

    Still really bummed that I sold at $700.
     
  11. internationalstocks

    internationalstocks Active Member

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    image1.JPG Hit $2000 target today
     
  12. golfandstocks91

    golfandstocks91 New Member

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    its up over 2k now. to risky to invest in though in my opinion . its not regulated and not secure what soever. its constantly going up and up and up but when does it go down. the hammer can drop down at anytime.
     
  13. nylonmarkup

    nylonmarkup Member

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    I've been thinking that bitcoins will be the one world currency. What do you think?
     
  14. internationalstocks

    internationalstocks Active Member

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    image1.JPG
    Remember what I said..?
     
  15. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Up 50% in just the last 16 days. I think you have to be careful around here
    [​IMG]
     
  16. Timbo

    Timbo Active Member

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    I started looking around 700 and turned my nose up. Can you imagine that, LOL. I just can't see it not come crashing down soon but I said that a few months ago. Is there any way to tell how much is out there?
     
  17. T0rm3nted

    T0rm3nted Moderator
    Staff Member

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    I saw an article title that if you would have invested $100 in bitcoin in 2010, it would be worth $72.9M today :eek:. And that was on Monday or Tuesday I saw the article!
     
    internationalstocks likes this.
  18. internationalstocks

    internationalstocks Active Member

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    image1.JPG $2700 cleared.. Who took my tip on Zcash earlier..?
     
  19. internationalstocks

    internationalstocks Active Member

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    I heard that 4000 was target price for Bitcoin from a friend last year
     

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