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re: At $9600 per, Bitcoin is expected to hit the $10,000 mark today.

Posted on 12/7/17 at 10:21 am to
Posted by icegator337
Lafayette
Member since Jan 2013
3742 posts
Posted on 12/7/17 at 10:21 am to
Finally bought in this morning with some BTC and Ethereum. I'm probably too late in the game for BTC but the only thing worse than losing a bet is having no action...
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
44831 posts
Posted on 12/7/17 at 10:22 am to
quote:

Finally bought in this morning


That's a few thousand better than buying in now.
Posted by Croacka
Denham Springs
Member since Dec 2008
61451 posts
Posted on 12/7/17 at 10:23 am to
Today is nuts
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 12/7/17 at 10:23 am to
no kidding

$17,500 on gdax
$15,700 on bittrex

that's an 11% difference.

arbitrage baws are drooling
This post was edited on 12/7/17 at 10:24 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 12/7/17 at 10:24 am to
quote:

That's a few thousand better than buying in now.



Posted by OysterPoBoy
City of St. George
Member since Jul 2013
44831 posts
Posted on 12/7/17 at 10:24 am to
Every time I check it's up $1000. If I had serious money in there it would be hard to sit on it.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61176 posts
Posted on 12/7/17 at 10:25 am to
Good for you.

If it ever pulls back, I’ll buy a bit more. But I did make 2 small buys at 6 am. It all adds up
This post was edited on 12/7/17 at 10:26 am
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 12/7/17 at 10:26 am to
quote:

Every time I check it's up $1000. If I had serious money in there it would be hard to sit on it.

As long as you're not left holding the potato when the music stops, you're fine.

I love blockchain tech, but the further this goes, the more it looks like Bitcoin itself has become a full-on speculative bubble. It feels a WHOLE lot like the dotcom bubble where people were throwing money simply because the price was going up at technology and companies they didn't understand and that couldn't be rationally valued. With no underlying reason for the price to go up, the whole thing was driven by people's FOMO, causing more price spikes. Ultimately it all came crashing down. Some companies were gone and others were brought back down to earth, but the unlucky or the greedy that got caught buying high and having to sell low (if they even had a stock worth anything to sell) were left with their asses hung out to dry.

I hope this is different, but it just doesn't feel like it. Rational prices don't typically change thousands of percent in the span of weeks or months.
This post was edited on 12/7/17 at 11:09 am
Posted by 3HourTour
A whiskey barrel
Member since Mar 2006
21910 posts
Posted on 12/7/17 at 10:26 am to
How does one buy Bitcoin?
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61176 posts
Posted on 12/7/17 at 10:27 am to
But at least you’ll be making potato soup.
Posted by dgnx6
Member since Feb 2006
89760 posts
Posted on 12/7/17 at 10:27 am to
Geez it at $19k now. Could have bought in the other day and made money, frick.
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 12/7/17 at 10:28 am to
quote:

Geez it at $19k now. Could have bought in today and made money, frick
This post was edited on 12/7/17 at 10:28 am
Posted by Salmon
I helped draft the email
Member since Feb 2008
86176 posts
Posted on 12/7/17 at 10:28 am to
Coinbase is crashing
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71047 posts
Posted on 12/7/17 at 10:28 am to
I need to figure out how to transfer coins from one platform to the other. Coinbase is 3k more than Gemini right now.
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 12/7/17 at 10:29 am to
quote:

I need to figure out how to transfer coins from one platform to the other. Coinbase is 3k more than Gemini right now.
I'm transferring some from binance to coinbase right now and it's going extremely slow.
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 12/7/17 at 10:29 am to
quote:

But at least you’ll be making potato soup.

I fricking love potato soup!
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61176 posts
Posted on 12/7/17 at 10:30 am to
It’s a very emotional foma now that I expect it to double again. $36K in weeks. $54K in spring.

There will be corrections along the way but they only last days.

$20,150 is a good Fib projection for this run.
This post was edited on 12/7/17 at 10:32 am
Posted by Salmon
I helped draft the email
Member since Feb 2008
86176 posts
Posted on 12/7/17 at 10:30 am to
quote:

Pissed that I could only spend 10k


Posted by OysterPoBoy
City of St. George
Member since Jul 2013
44831 posts
Posted on 12/7/17 at 10:30 am to
quote:

Now I have to wait till next week to buy the other .4 of coin but it’s gonna be at the 20k price


20k will be in a few minutes if this keeps up.
Posted by anewguy
BR
Member since Mar 2017
1239 posts
Posted on 12/7/17 at 10:32 am to
I am currently trying with the min amount- .001359 or 20$ I am waiting on it to hit my coinbase account right now. But the fee to send it from my wallet to coin base was like 9 bucks. But in theory with the almost 2K diff between gemini and coin base the fees should be offset if I can get it properly work.

ETA: it showed up on coin base but pedning confirmation.

EETA: Gemini has now restricted bitcoin withdrawals due to high activity.
This post was edited on 12/7/17 at 10:34 am
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