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Anyone keeping an eye on Bitcoin?

Posted on 6/18/16 at 1:53 am
Posted by Jtigers99
Holly Beach, USA
Member since Dec 2014
1841 posts
Posted on 6/18/16 at 1:53 am
Bitcoin is currently surging. It's up to $730. Bitcoin is up $300 in one month. It's currently at its highest point since bottoming out at $150 after its collapse from $1200 over two years ago.
Posted by Sho Nuff
Oahu
Member since Feb 2009
11924 posts
Posted on 6/18/16 at 4:36 am to
quote:

$1200 over two years ago

Curious, was anyone able to sell their bitcoin for $1,200 back then? I don't know much about bitcoin at all, but it seems like it would be tough to cash out anyway so sounds too risky. And at $730? Nah.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 6/18/16 at 10:22 am to
I keep an eye on it. I use it as a confidence indicator. One small piece of everything I look at in an overall, very simplified way to take a look at the big picture.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16914 posts
Posted on 6/19/16 at 1:47 am to
i bought little bit around 350. Still trying to find out how to use them on overstock.com.
Posted by notsince98
KC, MO
Member since Oct 2012
18073 posts
Posted on 6/20/16 at 6:57 am to
don't get sucked in. It is a dead end road. Even the inventor of bitcoin cashed out admitting it isn't feasible in its current form.

They are already working on a realistic version deux that has a real chance at succeeding. Don't get duped by the original.
Posted by TigerDeBaiter
Member since Dec 2010
10267 posts
Posted on 6/21/16 at 11:09 am to
quote:

Anyone keeping an eye on Bitcoin?


Yes, but purely a spectators eye.

I would never "invest" (really, gable) with cryptocurrencies. I would hate to see the value of my currency (buying power) be reduced by 10% overnight. shite is ridiculous.
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