Bitcoin hits new all time high, driven by institutional buying

[raiders72]

While that's an awesome chart for an investor, it also emphasizes what I believe to be a fundamental weakness. Bitcoin is intended to be a currency, not a stock. Making purchases when the value can be declining is pretty fucked up. See 17 through 18 for an extreme example.

And I have one naive question which emphasizes my limited working knowledge with Bitcoin, can someone simply "unplug" the currency?

FWIW, I just picked up a new client that owns a Bitcoin ATM business. I'm probably going to know a lot more about this stuff soon enough

No one can unplug bitcoin. It's also used as a store of value.

[PatsFan1283]

Alt coins will definitely fly similar to 2017 if the BTC price continues to rise. Not really a good time to jump in right now. Best to wait for another dip.

You got any alts you like these days? Where is the hype at?

Haven't read about alts since the early 2018 crash

[bigbet1234]

You got any alts you like these days? Where is the hype at?

Haven't read about alts since the early 2018 crash

ETH would have been a good one.

Got in on Lumen at .8c. It’s fallen some off the .21c a couple weeks ago. Hits .10c I’m scooping up more

There’s talk Lumen could hit $1

[Biggins]

Just a withdrawal to any bitcoin wallet. All is well over there so nothing really to know.

First you need 2 forms of authentication which is a pain

[raiders72]

First you need 2 forms of authentication which is a pain

You just need google authenticator. It's still a pain but at least secure.

[halekulani]

While that's an awesome chart for an investor, it also emphasizes what I believe to be a fundamental weakness. Bitcoin is intended to be a currency, not a stock. Making purchases when the value can be declining is pretty fucked up. See 17 through 18 for an extreme example.

And I have one naive question which emphasizes my limited working knowledge with Bitcoin, can someone simply "unplug" the currency?

FWIW, I just picked up a new client that owns a Bitcoin ATM business. I'm probably going to know a lot more about this stuff soon enough

bitcoin turned from a possible currency to something that is now recognized as a legitimate asset.
the fact that it is now valued as an asset rather than a currency secures its adoption and value.

the technology has been replicated in many forms of cryptocurrency and all their values are based on the reserve value of btc. btc simply legitimized the technology. another coin that can handle more transactions and is more liquid will ultimately be the new world dollar but its store of value will always be based in bitcoin's price.

[raiders72]

$30k

[bigbet1234]

$30k

This is sick! I’ve been reading DOT is the next ETH. Cheap now, get while the getting is good!

[CHOPTALK]

Any thoughts on Celsius Network

[bigbet1234]

I just dumped my Lumen. Can’t seem to break past the .20c, now back in the 13c range.

[PoundFoolish]

bought some BTC yesterday, went to bed, woke up to almost 1k profit. This just gonna keep going up?

[bigbet1234]

bought some BTC yesterday, went to bed, woke up to almost 1k profit. This just gonna keep going up?

Seems that way. It will level off then jump in the ALT coins.

[Biggins]

GBTC up almost $4 today figured it would be a good day as bitcoin had a good holiday weekend

Get your buy orders in now because this stock has to go up significantly come Monday morning damn what another holiday weekend for bitcoin

[MattyMatt]

Get your buy orders in now because this stock has to go up significantly come Monday morning damn what another holiday weekend for bitcoin

Let ir roll!! I tried to tell everybody at $10...

I don't really mess with the coins in general, too much BS and hoops for me to handle, but the stock is easy, and it's a life changer!

[PoundFoolish]

been buying/selling today. Just attempted to put in a buy but no one wants to sell it.

[big wang]

Any thoughts on Celsius Network

excellent

[currency21]

I get paid interest payment every Monday from Celsius Network for just holding my BTC there.

[CHOPTALK]

I get paid interest payment every Monday from Celsius Network for just holding my BTC there.

seems too good to be true .
Lit bitconnect

[PoundFoolish]

this LiteCoin having a nice run also. Made some money with some blind luck.

[PatsFan1283]

ETH over 1k, that was quick

[Biggins]

Let ir roll!! I tried to tell everybody at $10...

I don't really mess with the coins in general, too much BS and hoops for me to handle, but the stock is easy, and it's a life changer!

Good to be in huh Matty up 7.44 in two days. Now if I can win a few bets today lol

[raiders72]

[CHOPTALK]

I just dumped my Lumen. Can’t seem to break past the .20c, now back in the 13c range.

ouch

[bigbet1234]

ouch

I got back in at .18c, nice 104.% profit! Lol

[Biggins]

Good to be in huh Matty up 7.44 in two days. Now if I can win a few bets today lol

GBTC up $4.52 today you guys are missing out selling at 43.94 still very affordable