Imagine what would happen if the Winklevoss twins unloaded all of their bitcoins today.

 

Update: I moved my bitcoin into GDAX. GDAX is an trading exchange owned by Coinbase. Much lower fees then Coinbase, but it is a more complicated trading platform. I tried a few stop/limit trades to get my feet wet.

12/1/2017 Trade 02: Multiple Sells : BTC price = around $10,450/BTC + $27 fee = $10,560

I am now all in cash, but I have made $560 profit in one day! Sitting back to take a break before I jump back in. Seriously, I feel like I am at the casino or watching a sporting event that I wagered on.

 

LOL... Nuff said.

 

No way, cash or PayPal payment .

 

Still cant belive how fast BTC and ETH are rising! I should have kept hold of my ETH rather then trying new altcoins. Grrrr

 

Ive managed to bag myself some MyEtherWallet domains including datejust, submariner, royaloak, speedmaster and afew more

 

Although I see the potential benefits of applying a true “invisible hand” with an unregulated cryptocurrency, it’s still lacking enough stability, security, and acceptance to make it worthwhile for me to consider investing in it. Thanks for the laugh @Archer

 

If I had Bitcoins I think I could not sleep anymore...

 

I tried to buy bitcoins yesterday day when BTC price = $10,505/BTC. Coinbase was shut down for and hour and I could not. The price went up to $10,900/BTC before I could buy. I purchased $5500 before I went out last night and sold today @11,736/BTC.

12/3/2017 Sitting on $848 profit.

 

Interesting report in The Guardian

https://www.theguardian.com/technol...en-hack-attack-marketplace-nicehash-passwords

Reach for the 'Brown Trousers', .....Boys !

 

I would recommend reading Dimitri Orlov's recent take:

https://cluborlov.blogspot.pt/2017/12/cryptomania.html

 

Inside job? The stolen loot is stored in this bitcoin address:

https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

 

I would in turn recommend reading Tony’s other posts as related to the economy and fiat currency generally.

As he can tell you, he has a particular perspective which shines through pretty clearly here as well. Personally not my cup of tea, but some may find it enlightening.

 

KippyK watch challenge update....

Well, I decided to "day-trade" my bitcoin investment and buy the dips and sell the tips. I did not want to lose my gains. Unfortunately, that turned out to be a poor decision. All I did was miss out on gains as the market kept going up. This was definitely a learning experience in investing. Buy and hold in this environment. The good news is I am now sitting on a profit of $3500.

Bitcoin futures start this Sunday on the CBOE:

https://www.cnbc.com/2017/12/04/cboe-announces-it-will-launch-bitcoin-futures-on-dec-10.html

The greedy "old money" geezers start throwing the real money at Bitcoin this Sunday.

 

I bought some shares in accompany called BTL group. BTTLF Pure speculation. They have software products that develop blockchain technology which makes bitcoin transactions much easier than the present. Paper wealth only, but up almost 100% over the last couple weeks. different way to play the Bitcoin frenzy. Should take some profits, but will just let it ride, might go to zero who knows.

 

18k here we come Remember, if you don't hold the private keys, you don't own anything... but we can still debate if bitcoin is worth anything anyways

 

Coinbase is going bonkers! It keeps shutting down! Did Bitcoin spike to 19.5k and then plummet to 16.5k? People have come to play today.

 

For maximum enjoyment of the chaos go here.

https://www.gdax.com/trade/BTC-USD

Switch from Price Chart to Depth Chart. It's moving faster than a sporting event.

 

Coinbase down for 30 minutes and no trades at all. They are busy getting it back up and running.