Bitcoins - about to hit $5,000 per coin today!

[robcguns]

Where are you getting your quote from?

On GDAX exchange the price has never been to $11,900 and is currently $11,764

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

Crypto currency market it’s 11964

[robcguns]

The cryptocurrency market cap website?

They average out all the different exchanges, but some exchanges are trading at much higher prices. Like the Korean ones are at 13.6K per coin.
The American ones are lower

https://coinmarketcap.com/currencies/bitcoin/#markets

#   Source   Pair          Volume (24h)   Price                   Volume (%)   
1   Bitfinex   BTC/USD   $582,348,000   $11,770.00   8.11%   
2   Bithumb   BTC/KRW   $545,074,000   $13,676.30   7.59%   
3   Bitfinex   MIOTA/BTC   $247,634,000   $11,723.00   3.45%   
4   Binance   IOTA/BTC   $237,434,000   $11,193.50   3.31%   
5   GDAX   BTC/USD   $208,656,000   $11,825.20   2.91%   

Good to know,wondered why it always was higher.Im just learning all this stuff.

[El Diablo Blanco]

I’m still baffled by some of the logic here. So I read them US dollar is dead then in the same sentence that a bitcoin is worth X amount of US dollars. So if the US dollar dies then what is a bitcoin worth?

[Slapper]

All, any advice on any other cryptocurrencies aside from Bitcoin?

[ratherbebig]

sperm.

good money in that if you got good genetics.

unlimited supply.

i have 7823 children myself and i am set for life.

[Slapper]

sperm.

good money in that if you got good genetics.

unlimited supply.

i have 7823 children myself and i am set for life.

I got one company you should invest in right now: Trojan.

[QuietYou]

I’m still baffled by some of the logic here. So I read them US dollar is dead then in the same sentence that a bitcoin is worth X amount of US dollars. So if the US dollar dies then what is a bitcoin worth?

If the US dollar dies it's worth even more US dollars as the currency would be worth less...

[ratherbebig]

what if i told you that no matter what happens to bitcoin

your life will still be miserable

[QuietYou]

what if i told you that no matter what happens to bitcoin

your life will still be miserable

You seem extremely envious of people that have cashed out, as well as trying to REALLY point it out...That you're uninterested...

I recommend fucking off if you don't like people talking about it

[gib]

I’m still baffled by some of the logic here. So I read them US dollar is dead then in the same sentence that a bitcoin is worth X amount of US dollars. So if the US dollar dies then what is a bitcoin worth?

A bit coin should be move at least the inverse amount of a decide in a currency. So if a currency declines 10% then bitcoin should be worth 10% more in that same currency. This is one reason why in an era of currency devaluation bitcoin is becoming so popular as a store of value.

[ratherbebig]

You seem extremely envious of people that have cashed out, as well as trying to REALLY point it out...That you're uninterested...

I recommend fucking off if you don't like people talking about it

ive yet to see anyone cashed out, they wouldnt, they couldnt live with the loss

[gib]

what if i told you that no matter what happens to bitcoin

your life will still be miserable

I don’t believe money itself makes you happy. But it sure can help. And if you are already happy that having money can certainty give piece of mind and also be a lot of fun.

[gib]

ive yet to see anyone cashed out, they wouldnt, they couldnt live with the loss

Please see my earlier post about “cashing out” and paper gains. People who have bought bitcoins have “cashed out” - they have cashed out of USD and moved into a new asset namely bitcoins.

[gib]

Mr. Anabolic dosen't know shit.

J

That’s a bit harsh. He’s been a legit poster on financial topics and is financially savvy. Having said that, yes he is struggling with how to value bitcoins - it’s a delimma many intelligent investors go through and struggle with. The biggest problem is that when an asset produces no yield it cannot be valued. But the irony is that Mr Anabolic at the same time favors gold and silver as “investments”. This is ironic, but at the same time gives me hope that he will “get it”. He also is still figuring out the technology and related issues and making a few far-fetched claims to test responses. This is all part of “figuring things out”. He will get there. As a successful value investor I went through all this myself when it came to considering crypto as an investment ...

[ratherbebig]

Please see my earlier post about “cashing out” and paper gains. People who have bought bitcoins have “cashed out” - they have cashed out of USD and moved into a new asset namely bitcoins.

talking about cashing out from bitcoin investment

[gib]

That’s a bit harsh. He’s been a legit poster on financial topics and is financially savvy. Having said that, yes he is struggling with how to value bitcoins - it’s a delimma many intelligent investors go through and struggle with. The biggest problem is that when an asset produces no yield it cannot be valued. But the irony is that Mr Anabolic at the same time favors gold and silver as “investments”. This is ironic, but at the same time gives me hope that he will “get it”. He also is still figuring out the technology and related issues and making a few far-fetched claims to test responses. This is all part of “figuring things out”. He will get there. As a successful value investor I went through all this myself when it came to considering crypto as an investment ...

Oh, and $12,000

[gib]

$12,100

[obsidian]

$12,440

[gib]

$12,440

Oi - stop stealing my thunder

[gib]

$12,200...

[gib]

$12,300...

[gib]

$12.400

[gib]

$12,500

[gib]

$12,600

[Mr Anabolic]

That’s a bit harsh. He’s been a legit poster on financial topics and is financially savvy. Having said that, yes he is struggling with how to value bitcoins - it’s a delimma many intelligent investors go through and struggle with. The biggest problem is that when an asset produces no yield it cannot be valued. But the irony is that Mr Anabolic at the same time favors gold and silver as “investments”. This is ironic, but at the same time gives me hope that he will “get it”. He also is still figuring out the technology and related issues and making a few far-fetched claims to test responses. This is all part of “figuring things out”. He will get there. As a successful value investor I went through all this myself when it came to considering crypto as an investment ...

There is NOTHING to get.  It's a Ponzi scam.  Doesn't matter how "high" it goes.