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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?

Always love to bounce this kind of stuff off the Planet. Have any of you done any research into Bitcoin, and if you hold any opinions on the concept I'd love to hear what you think.





Last edited by ChiefRocka; 07-16-2017 at 05:12 PM..
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Old 12-02-2017, 08:07 AM   #691
BossChief BossChief is offline
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December 10th is when CME will begin trading Bitcoin futures.

That aught to kick it up a notch or 2.

June 2018 is when Bitcoin will start trading on Nasdaq.

Buckle up.
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Old 12-02-2017, 08:16 AM   #692
BossChief BossChief is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Billionaire investor Michael Novogratz, who forecast a $10,000 price target before the end of 2017, made a follow-up prediction yesterday. (See also: New $500 Million Hedge Fund Will Focus On Cryptocurrencies.) According to him, bitcoinís price will hit $40,000 by the end of 2018.
Thatís just part of the segment Chiefs Rocka posted.

Itís definitely worth watching.
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Old 12-02-2017, 08:39 AM   #693
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Anyone know much about ripple?
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Old 12-02-2017, 08:55 AM   #694
ChiefRocka ChiefRocka is offline
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Quote:
Originally Posted by O.city View Post
Anyone know much about ripple?
Its the banks attempt to monopolize blockchain. Ripple network may survive but the currency XRP will not IMHO.
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Old 12-02-2017, 09:05 AM   #695
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Quote:
Originally Posted by ChiefRocka View Post
Its the banks attempt to monopolize blockchain. Ripple network may survive but the currency XRP will not IMHO.
What about IOTA? I am exploring the idea to invest in that.
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Old 12-02-2017, 09:12 AM   #696
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by O.city View Post
Anyone know much about ripple?
Fred Sanford used to drink the hell outta that shit
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Old 12-02-2017, 09:17 AM   #697
Hog's Gone Fishin Hog's Gone Fishin is offline
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There are several stocks you can buy so you don't have to go through the hassle of trying to buy crypto itself.

GBTC is solely Bitcoin stock

BLKCF is diversified with a lot of the different coins

INTV focuses on mining Bitcoins
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Old 12-02-2017, 12:34 PM   #698
Jewish Rabbi Jewish Rabbi is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
There are several stocks you can buy so you don't have to go through the hassle of trying to buy crypto itself.

GBTC is solely Bitcoin stock

BLKCF is diversified with a lot of the different coins

INTV focuses on mining Bitcoins
GBTC trading at a high premium right now. I expect that to drop once futures trading opens.
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Old 12-02-2017, 12:38 PM   #699
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by Jewish Rabbi View Post
GBTC trading at a high premium right now. I expect that to drop once futures trading opens.
Doesn't that take place on the 10th ?
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Old 12-02-2017, 12:40 PM   #700
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Doesn't that take place on the 10th ?
Correct. I would drop GBTC before then, but Iíve been wrong before.
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Old 12-02-2017, 01:36 PM   #701
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by Jewish Rabbi View Post
Correct. I would drop GBTC before then, but Iíve been wrong before.
I'm thinking it will dip and then recoup. It follows Bitcoin and Bitcoin isn't going away for awhile.
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Old 12-02-2017, 01:58 PM   #702
Hog's Gone Fishin Hog's Gone Fishin is offline
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I like this site to see what other investors are thinking. It's like Chiefsplanet for stocks. Punch in any stock and see conversation.

https://www.stocktwits.com/symbol/GBTC?q=GBTC
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Old 12-02-2017, 03:21 PM   #703
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I don't understand, why would you buy GBTC instead of actual bitcoin?
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Old 12-02-2017, 08:18 PM   #704
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Quote:
Originally Posted by BWillie View Post
I don't understand, why would you buy GBTC instead of actual bitcoin?
Exactly.
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Old 12-02-2017, 08:23 PM   #705
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