http://www.coindesk.com/bitcoin-pric...28-month-high/
The price of bitcoin broke $750 today, building on recent gains to hit a 28-month high.
Bitcoin prices reached $750.37 during the day's session, the highest since 7th February, 2014, CoinDesk USD Bitcoin Price Index (BPI) figures reveal. The digital currency exceeded its latest milestone of $750 after surpassing $700 early on 13th June, and then nearing $720 later that day.
tl;dr - China knows their economy is tanking and propped up by shady tactics that are unsustainable. instead of investing into the dollar and cutting into the profit margins of the crap they export to the rest of the planet, they are investing in bitcoin.
Too bad the days of personal mining is over.
|
|
Results 1 to 30 of 101
-
06-16-2016, 02:02 PM #1Ya Boy Jay
- Join Date: Nov 2012
- Posts: 6,054
- Rep Power: 23220
Bitcoin is SURGING. Already at 770......
-
06-16-2016, 02:06 PM #2Registered User
- Join Date: Apr 2013
- Age: 34
- Posts: 2,849
- Rep Power: 3680
bakjfdskjgagfdgdfgfdgfdagfdgfdag
-
06-16-2016, 02:07 PM #3
fukkkkkk had 400 bucks of bitcoin back when they were 8 dollars to a bitcoin. Who knew back then that it'd be worth this much???
-
06-16-2016, 02:07 PM #4Registered User
- Join Date: Mar 2015
- Age: 29
- Posts: 624
- Rep Power: 3171
Fuark I bought some to make purchases back when they were $230ish. Should've kept them.
Death is nothing, but to live defeated and inglorious is to die daily.
-
-
06-16-2016, 02:10 PM #5Registered User
- Join Date: May 2016
- Age: 31
- Posts: 9
- Rep Power: 0
You still should buy a bitcoin or two now, wait ten years you'll have yourself a foundation.
-
06-16-2016, 02:12 PM #6Stats: 6'2" 240lbs
- Join Date: Aug 2011
- Age: 32
- Posts: 12,569
- Rep Power: 73228
Just LOL @ everyone who made fun of me on here for storing my company funds in BTC
Starting Weight: 145lbs
**Jimbob Cooter Crew**
"Obsessed is a word the lazy used to describe the dedicated."
R.I.P Aziz "Zyzz" Shavershian
March 24, 1989 - August 5, 2011
*Porsche Crew*
*Kate Beckinsale is the GOAT crew*
-
06-16-2016, 02:13 PM #7Registered User
- Join Date: Dec 2008
- Location: British Columbia, Canada
- Posts: 1,830
- Rep Power: 2377
feelsgoodman, broke $1000cad today, bought and hodl'd strong through 2014
you every sell and buy back? I'd question if this rise will stop before the halving, buy the rumour sell the news after allOriginally Posted by Comstarr
-
06-16-2016, 02:14 PM #814/F/Cali
- Join Date: Jun 2014
- Posts: 12,634
- Rep Power: 55800
>he fell for the bitcoin meme
kek
-
-
06-16-2016, 02:15 PM #9Registered User
- Join Date: Aug 2011
- Location: United States
- Posts: 6,399
- Rep Power: 4064
is it easy to cash those coins ? i know its easy to buy, but how cashing out works ?
*Misc Cologne Crew*
-
06-16-2016, 02:16 PM #10Registered User
- Join Date: Dec 2008
- Location: British Columbia, Canada
- Posts: 1,830
- Rep Power: 2377
Yeah there are ATMs in many cities around the world now, quite a few in my city. I just go downtown and cash out some spending money when I need it, or just go to stores that accept itOriginally Posted by TR88
-
06-16-2016, 02:18 PM #11Stats: 6'2" 240lbs
- Join Date: Aug 2011
- Age: 32
- Posts: 12,569
- Rep Power: 73228
Nah I never buy, I've just been selling.Originally Posted by VancouverCanuck
feelsgoodman, broke $1000cad today, bought and hodl'd strong through 2014
you every sell and buy back? I'd question if this rise will stop before the halving, buy the rumour sell the news after all
I run an online virtual betting platform and sell to guys in *****/Qatar who like to buy with BTC for bulk amounts.
Starting Weight: 145lbs
**Jimbob Cooter Crew**
"Obsessed is a word the lazy used to describe the dedicated."
R.I.P Aziz "Zyzz" Shavershian
March 24, 1989 - August 5, 2011
*Porsche Crew*
*Kate Beckinsale is the GOAT crew*
-
06-16-2016, 02:18 PM #12Registered User
- Join Date: Feb 2012
- Age: 38
- Posts: 2,303
- Rep Power: 8372
pretty easy with coinbase if your in the states.
-
-
06-16-2016, 02:21 PM #13Registered User
- Join Date: Dec 2008
- Location: British Columbia, Canada
- Posts: 1,830
- Rep Power: 2377
Ah cool, I play the market once and awhile, it's pretty volatile and never a dull movement. I don't straight up buy anymore thoughOriginally Posted by Comstarr
-
06-16-2016, 02:22 PM #14Stats: 6'2" 240lbs
- Join Date: Aug 2011
- Age: 32
- Posts: 12,569
- Rep Power: 73228
Yeah people were telling me in my business thread that I should play around with it but I'd rather not take the risk, I have no real reason to tbh.Originally Posted by VancouverCanuck
Starting Weight: 145lbs
**Jimbob Cooter Crew**
"Obsessed is a word the lazy used to describe the dedicated."
R.I.P Aziz "Zyzz" Shavershian
March 24, 1989 - August 5, 2011
*Porsche Crew*
*Kate Beckinsale is the GOAT crew*
-
06-16-2016, 02:26 PM #15Returning Videotapes
- Join Date: Jun 2013
- Location: NSW, Australia
- Posts: 4,366
- Rep Power: 1579
Just watch all the redditors commit suicide when it drops like last time.
-
06-16-2016, 02:26 PM #16Registered User
- Join Date: Dec 2008
- Location: British Columbia, Canada
- Posts: 1,830
- Rep Power: 2377
Yeah, it can definitely go down as fast as it goes up. I've seen a lot of people get burned trying to gamble with going short/long on exchangesOriginally Posted by Comstarr
-
-
06-16-2016, 02:28 PM #17Banned
- Join Date: Jun 2016
- Age: 28
- Posts: 50
- Rep Power: 0
I'm gonna be a millionaire
-
06-16-2016, 02:41 PM #18Registered User
- Join Date: May 2016
- Age: 31
- Posts: 9
- Rep Power: 0
Why did I lose 2851 points for that reply?
-
06-16-2016, 06:28 PM #19Stats: 6'2" 240lbs
- Join Date: Aug 2011
- Age: 32
- Posts: 12,569
- Rep Power: 73228
Yeah that's exactly why I stay away from gambling with it. It's more of a safe bank than an investment IMOOriginally Posted by VancouverCanuck
Starting Weight: 145lbs
**Jimbob Cooter Crew**
"Obsessed is a word the lazy used to describe the dedicated."
R.I.P Aziz "Zyzz" Shavershian
March 24, 1989 - August 5, 2011
*Porsche Crew*
*Kate Beckinsale is the GOAT crew*
-
06-16-2016, 06:37 PM #20Registered User
- Join Date: Jun 2009
- Age: 33
- Posts: 1,547
- Rep Power: 1918
If you do anything other than have BTC as a long term investment you are gambling but long term it will only go up. I have 20+ btc, and have held since 2013. 5-10 years from now it could be in the thousands.Originally Posted by Comstarr
-
-
06-16-2016, 06:41 PM #21Registered User
- Join Date: Dec 2012
- Posts: 8,801
- Rep Power: 2090
Feel batman. Was gonna invest in bitcoin 2 months ago but misc gurus encouraged me otherwise. Das not it man.
-
06-16-2016, 06:42 PM #22It wasn't me
- Join Date: Jun 2012
- Location: United States
- Posts: 6,757
- Rep Power: 0
if you're the average joe like me just deposit 1k and leave it alone
if it goes up and you can make nice profit cool
if not and it tanks oh well it was worth a shot and it certainly holds better odds of going up than putting that one grand in a bank*no crew* crew
-
06-16-2016, 06:46 PM #23Dr.Phil of Misc.
- Join Date: Jan 2012
- Location: Houston, Texas, United States
- Age: 34
- Posts: 14,646
- Rep Power: 68005
Damn, should have bought more. Bought this to order some...stuff online and never ended up doing it.
Belief without evidence is a fools game.
Listen Crew - Anything on your mind, want someone to talk to? Hit that PM button brah
5 * Thread Maker
Lone Star State Crew
Diesel Life Crew
Lol @ Trumplets Crew
Lol @ CEO of Exxon for SoS, GoldmanSachs for Treasury, and Creationist for Education Crew
Lol @ Drain the Swamp Crew
Reps for life: stfaulk89
-
06-16-2016, 06:47 PM #24Stats: 6'2" 240lbs
- Join Date: Aug 2011
- Age: 32
- Posts: 12,569
- Rep Power: 73228
The only reason I haven't sold what I currently have is for tax reasons.Originally Posted by Admired
I just don't see BTC as a viable investment opportunity, even in the long run.Starting Weight: 145lbs
**Jimbob Cooter Crew**
"Obsessed is a word the lazy used to describe the dedicated."
R.I.P Aziz "Zyzz" Shavershian
March 24, 1989 - August 5, 2011
*Porsche Crew*
*Kate Beckinsale is the GOAT crew*
-
-
06-16-2016, 06:47 PM #25Registered User
- Join Date: Jan 2007
- Age: 33
- Posts: 8,746
- Rep Power: 28502
why not just trade gold futures, at least you know it can't be manipulated. btc ADV is only ~200M, easily manipulated
-
06-16-2016, 06:54 PM #26/10
- Join Date: Oct 2011
- Location: Australia
- Posts: 14,168
- Rep Power: 22048
Been buying btc since early 2014 to buy things online, when it was 250 last year I actually for the first time considered actually holding onto some long term. Hindsight is a bitch ain't it.
-
06-16-2016, 06:58 PM #27Dr.Phil of Misc.
- Join Date: Jan 2012
- Location: Houston, Texas, United States
- Age: 34
- Posts: 14,646
- Rep Power: 68005
Its okay I ran across bitcoins when it was pennies and a friend was trying to talk me into buying it. I remember saying some chit like, "Dude no online markets accept it cept for drug markets itll be shut down"Originally Posted by woodsmash
lolBelief without evidence is a fools game.
Listen Crew - Anything on your mind, want someone to talk to? Hit that PM button brah
5 * Thread Maker
Lone Star State Crew
Diesel Life Crew
Lol @ Trumplets Crew
Lol @ CEO of Exxon for SoS, GoldmanSachs for Treasury, and Creationist for Education Crew
Lol @ Drain the Swamp Crew
Reps for life: stfaulk89
-
06-16-2016, 07:03 PM #28DON'T LET ME INTO MY ZONE
- Join Date: Oct 2011
- Location: Zimbabwe
- Age: 34
- Posts: 1,074
- Rep Power: 2368
I gave a presentation in college on BitCoin when it was pennies and it was about how they went up a few pennies and what an explosive return it was. If only my 20 year old self would have bought a few hundred dollars of them.Originally Posted by Lawlstud
-
-
06-16-2016, 07:04 PM #29Registered User
- Join Date: Oct 2014
- Location: Canada
- Age: 28
- Posts: 6,134
- Rep Power: 10533
just cant trust it. i'd rather invest in gold for the inevitable American dollar crash that is on its way
-
06-16-2016, 07:05 PM #30Flâneur
- Join Date: Aug 2012
- Posts: 14,842
- Rep Power: 31292
I'm planning to cash out ~1k. Either that or just keep it forever and see what happens for fun. Who knows, maybe these delusional fuks saying it'll be 10k+ end up right.
I am a bit tired of checking the price all the time though. Would be a nice relief to just get out.
When it dropped down over the past year or two I did think about buying more. I sort of knew another bubble was inevitable but you know what they say, never invest more than you can afford. Didn't feel like I could afford any more and didn't want the headache.Death is impossible for us to fathom: it is so immense, so frightening, that we will do almost anything to avoid thinking about it. Society is organized to make death invisible, to keep it several steps removed. That distance may seem necessary for our comfort, but it comes with a terrible price: the illusion of limitless time, and a consequent lack of seriousness about daily life. We are running away from the one reality that faces us all.
Bookmarks