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bitcoin price rising - alternatives for portfolio - tips for next big price rise

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  • #91
    Originally posted by Jeems View Post
    Its official, Hubs is funding our new training ground, stadium and January transfer window

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    • #92
      It's not just Bitcoin that's thriving but several other crypto-currencies too, such as Litecoin, Ethereum, Iota, Monero etc.
      IMO
      YMMV
      LOL

      Comment


      • #93
        Originally posted by Stanley View Post
        It's not just Bitcoin that's thriving but several other crypto-currencies too, such as Litecoin, Ethereum, Iota, Monero etc.
        Yes indeed. As you know, I tipped Eth at the start of this thread. It had the incredible endorsement of being backed personally by Putin recently. The Russians seem far more savvy about crypto than Western governments. Ditto the Chinese - who are actually developing their own cryptocurrency, that will definitely be one to watch. All those you've mentioned Stan have great potential. If you already had bitcoin, diversifying some of it into a portfolio of crypto is a really good idea.

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        • #94
          Understandably, Hubble tends to post BTC updates during the bull markets. Keep in mind however that the smarter time to invest is during the bear markets (when it's cheaper) like the one cryptos are currently going through right across the board. These also tend to follow sharp spikes (bull markets) when that rapid but temporary rate of growth is unsustainable. IOW observe the charts and check for the dip trends: https://www.worldcoinindex.com/
          IMO
          YMMV
          LOL

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          • #95
            I'd hardly call it a correction when its 11% down vs the 80% rise in August alone!

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            • #96
              Originally posted by Jeems View Post
              I'd hardly call it a correction when its 11% down vs the 80% rise in August alone!
              As I say, the current price plunge is right across the cryptosphere in light of China's announcement to ban ICO's. The main point being made though is these are the smarter times to buy, not during the upward trends.
              IMO
              YMMV
              LOL

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              • #97
                Two 'hard forks' coming up soon, very good time to buy IMO, even though it's currently at an all time high (partly for this vey reason).

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                • #98
                  Oh, I should add that if you have bitcoin before each fork, you will get an exact equivalent in the new currency (provided your coins are in a participating wallet), so really worth it for that reason as well. Most of us holding btc before the last fork automatically got the equivalent in bitcoin cash).

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                  • #99
                    As you were - the fork is not going ahead (apparently). However the price is now surging on the new certainty in the system.

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                    • Breaking news.



                      https://analytics.twitter.com/mob_id..._tracking=true

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                      • Originally posted by Kevin Mcleod View Post
                        Looks like a dead link Kevin...
                        IMO
                        YMMV
                        LOL

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                        • Originally posted by Kevin Mcleod View Post
                          Link works for me. Excellent news. Bitcoin truly hits the mainstream, with tacit MSM endorsement. Here we go folks.

                          Comment


                          • It worked on another browser. It's a redirect from Twitter. Here's the direct link if it's not working for others: https://www.cnbc.com/2017/11/15/bitc...-currency.html
                            IMO
                            YMMV
                            LOL

                            Comment


                            • Wall Street is coming in too now with Bitcoin having the CME futures launch for trading by December - meaning a large influx of money for Bitcoin.

                              You can start hearing the footsteps of the herd now...
                              IMO
                              YMMV
                              LOL

                              Comment


                              • #### me - close to 9.5k today. The sky is the limit it seems. People who were saying it could reach $100k re now revising their figures upwards. Since bitcoin is now seen as a store of value equivalent to gold (and rapidly superseding gold in that role perhaps), people are saying the true value of bitcoin could (relatively) soon be equivalent to the true value of gold.

                                This is from a friend of mine:

                                "I think the price of each bitcoin could head toward around $400,000 over the coming years. Possibly higher due to added utility value and a few other factors.Gold is used as the present store of value but it is being replaced by Bitcoin, as can already be noticed at gold exchanges.
                                Estimates vary, but say there are around 200,000 tones of gold on the planet. A tonne of gold is worth around $40 million. Dividing that by 21 million (total number of bitcoins that can exist) gives you around $400,000."

                                So even though the price is soaring, it still looks a great investment bet.

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