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12-07-2017, 03:41 PM | #781 |
MVP
Join Date: Oct 2006
Location: West of the Equator
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Tulips
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Posts: 13,730
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12-07-2017, 06:13 PM | #782 |
What's up braj?
Join Date: Jun 2008
Location: Placencia, Belize
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Posts: 16,327
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12-07-2017, 06:39 PM | #783 |
He's Mahomie!
Join Date: Aug 2001
Location: Jax, FL
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$100K by 2020
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Posts: 17,387
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12-07-2017, 07:11 PM | #784 |
What's up braj?
Join Date: Jun 2008
Location: Placencia, Belize
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100k next year unless the bottom falls out when futures open. We’re looking more at half million by 2020
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Posts: 16,327
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12-07-2017, 07:14 PM | #785 |
He's Mahomie!
Join Date: Aug 2001
Location: Jax, FL
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Posts: 17,387
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12-07-2017, 10:26 PM | #786 |
Emporer of Mongo
Join Date: Apr 2010
Location: Milky Way
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Posts: 44,849
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12-07-2017, 10:59 PM | #787 |
You Sweetie!
Join Date: Sep 2005
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Posts: 71,691
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12-08-2017, 04:38 AM | #788 |
Fish are scared of me
Join Date: Nov 2001
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Here's a worthwhile read on how the futures market may affect Bicoin
https://www.coindesk.com/threat-bitcoin-futures/ |
Posts: 40,648
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12-08-2017, 09:08 AM | #789 |
Beyond the Rapids
Join Date: May 2003
Location: Langley, VA
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https://news.slashdot.org/story/17/1...ld-tank-values
On Nov. 12, someone moved almost 25,000 bitcoins, worth about $159 million at the time, to an online exchange. The news soon rippled through online forums, with bitcoin traders arguing about whether it meant the owner was about to sell the digital currency. From a report on Bloomberg: Holders of large amounts of bitcoin are often known as whales. And they're becoming a worry for investors. They can send prices plummeting by selling even a portion of their holdings. And those sales are more probable now that the cryptocurrency is up nearly twelvefold from the beginning of the year. About 40 percent of bitcoin is held by perhaps 1,000 users; at current prices, each may want to sell about half of his or her holdings, says Aaron Brown, former managing director and head of financial markets research at AQR Capital Management. What's more, the whales can coordinate their moves or preview them to a select few. Many of the large owners have known one another for years and stuck by bitcoin through the early days when it was derided, and they can potentially band together to tank or prop up the market. |
Posts: 80,659
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12-08-2017, 09:47 AM | #790 |
Starter
Join Date: Sep 2017
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Now LTC is going for a ride. I've been preaching that it was undervalued forever.
Not that I'm any expert or great trader or anything, but I'm obsessed with trading cryptos LOL |
Posts: 271
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12-08-2017, 10:50 AM | #791 |
Fish are scared of me
Join Date: Nov 2001
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Whats the best way to buy LC? It's time to get on this
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Posts: 40,648
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12-08-2017, 10:53 AM | #792 |
Starter
Join Date: Sep 2017
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Posts: 271
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12-08-2017, 12:26 PM | #793 |
Black Bob's daddy
Join Date: Nov 2017
Location: under the sun
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I just started looking at crypto currency. I know it's hard to predict, but I'm curious if litecoin can go on a meteoric rise like Bitcoin. I see Bitcoin was sitting at $2,000 or so back in the spring and it's now above $15k? It would be nice if litecoin could somehow jump above 1k in the next year. Of course I have no clue what I'm talking about, so probably wishful thinking.
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Posts: 5,205
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12-08-2017, 12:36 PM | #794 |
Mindful Taoist German
Join Date: Aug 2000
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Most investors should watch/read John McAfee.
I know, he's banging strange Caribbean women, hiring bodyguards, and selling off his assets. And if you think that's somehow different than most CEO's you're a damned mongoloid. His takes on bitcoin did perk my ears up though. And mostly, the impossibility of securing bitcon transactions... |
Posts: 75,472
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12-08-2017, 12:36 PM | #795 | |
MVP
Join Date: Jan 2013
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Quote:
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Posts: 10,797
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