Author Topic: Bitcoins - about to hit $5,000 per coin today! (Read 1148612 times)

a_pupil · « **Reply #2600 on:** May 09, 2019, 07:10:40 AM »

Quote from: Twaddle on May 09, 2019, 06:36:18 AM

A guy I work with, bought in at 14K.

Immediately after he purchased, it started tanking. I always ask him, "How's your Bitcoin doing?"

lmao. poor guy got suckered by shills like gib telling him to hodl to the moon.

mac7000 · « **Reply #2601 on:** May 09, 2019, 03:48:11 PM »

$6200

LurkerNoMore · « **Reply #2602 on:** May 09, 2019, 03:50:56 PM »

If someone had 10K to invest here in the next week, where would each of you tell them to put it?

SF1900 · « **Reply #2603 on:** May 09, 2019, 04:02:08 PM »

Quote from: LurkerNoMore on May 09, 2019, 03:50:56 PM

If someone had 10K to invest here in the next week, where would each of you tell them to put it?

Caliber Fitness Solutions The Leader in Human Evolution since 2001.

Twaddle · « **Reply #2604 on:** May 09, 2019, 04:28:02 PM »

Quote from: LurkerNoMore on May 09, 2019, 03:50:56 PM

If someone had 10K to invest here in the next week, where would each of you tell them to put it?

Use the 10k as a down payment on a parcel of land.

LurkerNoMore · « **Reply #2605 on:** May 09, 2019, 04:34:57 PM »

That was sort of a serious question... while I am sure there are other investments that are better, I was looking for comparing in the crypto world.

Theoak* · « **Reply #2606 on:** May 09, 2019, 04:46:15 PM »

Quote from: LurkerNoMore on May 09, 2019, 04:34:57 PM

That was sort of a serious question... while I am sure there are other investments that are better, I was looking for comparing in the crypto world.

Me personally

5k ltc ( due to halvening)
5k btc

Btc dominance at 58%

LurkerNoMore · « **Reply #2607 on:** May 09, 2019, 05:30:09 PM »

Quote from: Theoak* on May 09, 2019, 04:46:15 PM

Me personally

5k ltc ( due to halvening)
5k btc

Btc dominance at 58%

While I know nothing about the field, I do see things like ripple, eth, etc.. you wouldn't suggest those?

Theoak* · « **Reply #2608 on:** May 09, 2019, 05:43:57 PM »

Quote from: LurkerNoMore on May 09, 2019, 05:30:09 PM

While I know nothing about the field, I do see things like ripple, eth, etc.. you wouldn't suggest those?

I believe there will be one last pump for altcoins in the next bull run. Ive put a small percentage into those coins purely for profit. I missed the opportunity to buy with eth at 5$ as I was only interested in btc. These coins serve a purpose but for how long is anyone’s guess.

If bull run follows a historical pattern then any one of the top 5-10 coins are going to be profitable.
Btc is my number 1 choice for long term 5-10 years.

LurkerNoMore · « **Reply #2609 on:** May 09, 2019, 05:53:29 PM »

Quote from: Theoak* on May 09, 2019, 05:43:57 PM

I believe there will be one last pump for altcoins in the next bull run. Ive put a small percentage into those coins purely for profit. I missed the opportunity to buy with eth at 5$ as I was only interested in btc. These coins serve a purpose but for how long is anyone’s guess.

If bull run follows a historical pattern then any one of the top 5-10 coins are going to be profitable.
Btc is my number 1 choice for long term 5-10 years.

At $5K, one could only get 1 Btc

What determines the bull run?

Theoak* · « **Reply #2610 on:** May 09, 2019, 06:10:08 PM »

Quote from: LurkerNoMore on May 09, 2019, 05:53:29 PM

At $5K, one could only get 1 Btc

What determines the bull run?

Adoption,

First comes smart money, then institutional money and then everyone else follows. Institutional money still hasn’t flooded the market. It’s not a matter of if but when.

Current price of btc is 6150, you couldn’t even get one. I still think it’s a good investment to hold atleast 1btc.

tres_taco_combo · « **Reply #2611 on:** May 09, 2019, 07:19:41 PM »

ripple XRP aint doing shit

gib · « **Reply #2612 on:** May 09, 2019, 07:23:39 PM »

Quote from: Theoak* on May 09, 2019, 06:10:08 PM

Adoption,

First comes smart money, then institutional money and then everyone else follows. Institutional money still hasn’t flooded the market. It’s not a matter of if but when.

Current price of btc is 6150, you couldn’t even get one. I still think it’s a good investment to hold atleast 1btc.

Agree. This is certainly a possible scenario. (I rebought at 5k). If we get to 10k by year end expect that milestone raise significant interest and then mainstream comes back in.

JAGO · « **Reply #2613 on:** May 09, 2019, 07:24:50 PM »

I buy my test online with bitcoin.

J

gib · « **Reply #2614 on:** May 09, 2019, 08:17:21 PM »

6250...

Theoak* · « **Reply #2615 on:** May 09, 2019, 08:19:01 PM »

Quote from: gib on May 09, 2019, 07:23:39 PM

Agree. This is certainly a possible scenario. (I rebought at 5k). If we get to 10k by year end expect that milestone raise significant interest and then mainstream comes back in.

Fidelity announced institutional support for Btc buyers in a few weeks and the market is selling their alts to ride that bull market.

Institutional investors will only be buying Bitcoin. This bull market will be different than past bull markets

Theoak* · « **Reply #2616 on:** May 09, 2019, 08:24:18 PM »

LurkerNoMore · « **Reply #2617 on:** May 09, 2019, 08:54:27 PM »

Quote from: Theoak* on May 09, 2019, 08:19:01 PM

Fidelity announced institutional support for Btc buyers in a few weeks and the market is selling their alts to ride that bull market.

Institutional investors will only be buying Bitcoin. This bull market will be different than past bull markets

You mean for bigger gains? Or not as explosive as the last time.

FitnessFrenzy · « **Reply #2618 on:** May 10, 2019, 12:04:27 AM »

looks like bitcoin has reached a technical bottom. I think it goes up from here

gib · « **Reply #2619 on:** May 10, 2019, 01:13:01 AM »

I wish mr A was back here.

Oh and 6350 ...

Theoak* · « **Reply #2620 on:** May 10, 2019, 01:30:44 AM »

Quote from: LurkerNoMore on May 09, 2019, 08:54:27 PM

You mean for bigger gains? Or not as explosive as the last time.

Bigger gains

LurkerNoMore · « **Reply #2621 on:** May 10, 2019, 08:27:05 AM »

Quote from: Theoak* on May 10, 2019, 01:30:44 AM

Bigger gains

Would that also apply to Eth and litecoins (or whatever they are called) as well?

Wiggs · « **Reply #2622 on:** May 10, 2019, 10:35:20 AM »

Haters are gonna hate. HODL!!!

obsidian · « **Reply #2623 on:** May 10, 2019, 01:55:44 PM »

Quote from: LurkerNoMore on May 10, 2019, 08:27:05 AM

Would that also apply to Eth and litecoins (or whatever they are called) as well?

I think so. Ethereum actually has a lot more utility than Bitcoin.

Everyone has been waiting for the decoupling of alt coins from Bitcoin. This has not happened yet. They appear to rise and fall with Bitcoin. In 2018 they fell more than Bitcoin but are also starting to recover. Bitcoin's high was +/- $19,500 and sitting at +/- $6,400 or +/- 33% of its high.

Meanwhile Ethereum's high was +/- $1,400 and is now at $174 or only +/- 12.5% of it's high! And it was worse a few months ago. So hopefully it will jump back. Fuck the assholes that sold out!

https://bitcoinist.com/new-bitcoin-etf-filing-with-the-sec-throws-ethereum-into-the-mix/

"Whilst the world waited for the SEC’s postponed decisions on two outstanding Bitcoin-ETF applications, somebody filed a new one. The United States Commodity Index Fund Trust filed the application yesterday for a fund based on a portfolio of both bitcoin and ether."

gib · « **Reply #2624 on:** May 10, 2019, 05:24:24 PM »

I see the claimed “utility” of almost all crypto as marketing fluff.

If you are in it for the money, you need to identify which coin will collectively be identified as “the one” in terms of being a “rare” and limited in supply store of value.

If I had to guess, given that the number of types of crypto that can be made is infinite, I think there is a reasonable chance that coin will be the original - Bitcoin.