Right now its $16,xxx USD
https://www.google.ca/search?q=bitcoin+ ... e&ie=UTF-8
On the island of Yap in Micronesia, size matters. Some evidence suggests that the Yapese people may have been creating their rai stones since around 500 AD. To produce this unusual form of currency, the Yapese traveled to the neighboring island of Palau to obtain limestone. They shaped the stone into big circular discs with central holes. These were then transported on a long, perilous voyage back to Yap. Some stones measured as much as 12 feet across and weighed over four tons. The stones’ dangerous – and sometimes fatal – production process increased their value. But once they’d been used for payment, their location often remained unchanged. In fact, a physical exchange may not have been necessary, as long as everyone knew to whom the rai belonged. Their value diminished with the arrival of the Europeans, whose technology quickly increased production. Today, rai stones are used in traditional rites and remain a national emblem. Their image is also proudly displayed on Yapese license plates.
WOW!Dauntless wrote: ↑Dec 21, 2017 6:20 pmhttps://www.google.com/amp/s/www.coinde ... mp/?espv=1
Each of the top 20 cryptocurrencies by market capitalization hit an all-time price high in the past four days, according to market data.
Normal bit coin stuff in the early adoption phase. Jumps 2000% then falls to 60% of that then slowly gains ground again.Dauntless wrote: ↑Dec 30, 2017 8:49 pmLooks like Bitcoin won't make it under $10k by new years', but its on the way.
Meanwhile, there are other buds in the tulip garden.
https://www.google.com/amp/s/www.coinde ... mp/?espv=1
Yes, but you have to think longer than that if you want to succeed in investing at all.Dauntless wrote: ↑Nov 30, 2017 5:25 pmhttp://money.cnn.com/2017/11/28/investi ... index.html
That was quite a fall. OUCH!
I personally don't like BCH or BTC. I just have money in both on the off chance that bitcoin core eventually gets it's shit together and continues doing the magic trick it did for many years.. and i have money in bitcoin cash because the corrupt people behind it might actually win this battle and we see BCH do the magic trick.Ohbse wrote: ↑Dec 31, 2017 11:31 pmI suggest you look into the segwit/lightning network and form your own opinions, I'm confident bitcoin will be around, but I'm much less confident it will be the current BTC chain.
An amusing write up for the uninitiated: https://hackernoon.com/chapter-one-alic ... a315aeef62
If you held bitcoin prior to the fork, you already have some BCH, so doesn't matter so much which one wins out in the end if you're planning on holding long term. If you don't have any.. now's an excellent time to diversify.
It takes a while to amortize the hardware you invested in... it can take up to a year in some instances.
As someone whose career never became fulltime but owns a CALIFORNIA house, gets the occasional new car, etc., I could explain far more than most here are ready to understand or even care about with the joys of the financial market. As long as people refuse to recognize that crypto is even more vaporware than internet stock in 2000.neptronix wrote: ↑Jan 01, 2018 4:38 amYes, but you have to think longer than that if you want to succeed in investing at all.Dauntless wrote: ↑Nov 30, 2017 5:25 pmhttp://money.cnn.com/2017/11/28/investi ... index.html
That was quite a fall. OUCH!
And if you want to get ahead in our monetary system , you need to invest.
wino applecoin or googlecoin?
delightful as ever your wee-shillelagh making an appearance.dauntless wrote:As someone whose career never became fulltime but owns a CALIFORNIA house, gets the occasional new car, etc.,
The stock market has done that multiple times. Individual stocks do that all the time. Bitcoin has had larger corrections in the past. Bitcoin's price is recovering.. meanwhile, other coins have blown up in value and rebounded well beyond their values during the crash. I have made money on all the other coins even though i invested during a high months ago.
Oh, so you know what it's like to own an asset that has wild price fluctuations too, and is built on literally a shaky foundation..As someone whose career never became fulltime but owns a CALIFORNIA house, gets the occasional new car, etc., I could explain far more than most here are ready to understand or even care about with the joys of the financial market. As long as people refuse to recognize that crypto is even more vaporware than internet stock in 2000.
Well, so far every respected investor has been wrong about cryptocurrency as a whole. Wrong for many years. Wrong as a gold bug telling you to buy gold because there'll be a double dip in 2010, or maybe a dollar crash any day now. Just saying!Warren Buffet decried the nonsense and was vilified. The net result was that he would once again prove he was 'The Oracle of Omaha.' https://www.cnbc.com/amp/2017/12/08/whe ... money.html
Bitcoin is not a stock and has no means to cook it's books like Enron did.