StockFetcher Forums · General Discussion · BITCOIN or Cryptocurrencies ...<< 1 2 >>Post Follow-up
dashover
224 posts
msg #155840
Ignore dashover
2/17/2021 12:11:58 PM

Bitcoin has been a huge miss for me.

The big money has been made, and now even if it goes to $1,000,000 a chunk, it's a 20:1 proposition.
20:1's are available daily in the options and stonks markets, so no big deal.

There is a ton of peer pressure for large companies, like V and AMZN to start excepting this, but then it's trackable, err taxable.

'And isn't the beauty of this digital coin held in anonymous wallets, the anonymity, and the avoidance of taxes?

I for one can't see the value of buying this at $50k, but maybe at $2,000,000 a chunk, I'll be wrong again.


karennma
8,057 posts
msg #155879
Ignore karennma
2/20/2021 9:58:43 AM

Bitcoin hits $1 trillion in market value as price nears $55,000
The cryptocurrency continues to soar.

https://www.cnet.com/personal-finance/bitcoin-hits-1-trillion-in-market-value-as-price-nears-55000/

Bitcoin - easiest investment there is (seems). No trading necessary.
When I first started looking at BC in May, it was only 20K. Now, it's 55K.
I had "won" a (some) bitcoin, but couldn't download the software to open the account on my phone.
As far as I know, you just sit on your @$$ and collect.
However, I've heard stories of peeps losing their "key" or passwords.
Not sure what happens in that case.
As far as I know, everything's going crypto very soon.

New News ... It's a done deal. The reset is on! Cash is grass.
FEBRUARY 11, 2021 6:04 PM EST
AMAZON PREPARING TO LAUNCH ITS CRYPTOCURRENCY PAYMENT PROJECT
Amazon has plans to launch a cryptocurrency project in Mexico
https://www.thecoinrepublic.com/2021/02/11/amazon-preparing-to-launch-its-cryptocurrency-payment-project/

Visa Files Patent for Cryptocurrency System to Replace Cash
Feb 20, 2021
https://news.bitcoin.com/visa-cryptocurrency-system/



karennma
8,057 posts
msg #155880
Ignore karennma
2/20/2021 10:17:09 AM

Here's the one Elan Musk was plugging.
https://dogecoin.com/

BTW, I was watching a news program last nite and the commentator said Elon Musk has made more on his bitcoin that he has selling TSLA cars.



davesaint86
725 posts
msg #155958
Ignore davesaint86
2/25/2021 6:16:24 PM

https://www.tradingview.com/x/nafF4vJp/

The lovely speculative Bitcoin. 63% gain from Jan 29 to the Feb 22 sell signal. Hoping it goes down to 41k and bounces.

karennma
8,057 posts
msg #155959
Ignore karennma
2/25/2021 7:47:00 PM

That's quite a breakdown.
Maybe it'll drop to 20K.
:>)
Should be interesting to see how US bombing (Syria) affects cryptos.
Anything's possible.


StockFetcher Forums · General Discussion · BITCOIN or Cryptocurrencies ...<< 1 2 >>Post Follow-up

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