Wall Street set to pour money into Bitcoin (NY Times)
Re: Wall Street set to pour money into Bitcoin (NY Times)
by eric » Wed Dec 18, 2013 8:34 am
I want to know how well you guys are doing. You've all posted a bunch of times about it, so why not tell us? How much did you invest, at what price, etc.... Let's track your progress and see if you were right.
"With the first link, the chain is forged. The first speech censured, the first thought forbidden, the first freedom denied, chains us all irrevocably."
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Wed Dec 18, 2013 8:39 am
Please, Chinese panic sellers just shifted their assets into American hands at bargain prices.
The thing about the China "ban" is that they in essence have to procure coins the same way Americans do now. Nothings really changed except they can't buy coins easily with a debit card, bank transfer or what have you. Next week when they all shift to Hong Kong banks they will be back in business.
Too much pressure not to happen
The thing about the China "ban" is that they in essence have to procure coins the same way Americans do now. Nothings really changed except they can't buy coins easily with a debit card, bank transfer or what have you. Next week when they all shift to Hong Kong banks they will be back in business.
Too much pressure not to happen
Last edited by The Dharma Bum on Wed Dec 18, 2013 8:53 am, edited 1 time in total.
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The Dharma Bum - Vice President
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by Gremlin » Wed Dec 18, 2013 8:48 am
I had 0.52 bitcoin. Donated to my political campaign last year when it was about $10. Never had a bitcoin otherwise.
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by eric » Wed Dec 18, 2013 9:03 am
"With the first link, the chain is forged. The first speech censured, the first thought forbidden, the first freedom denied, chains us all irrevocably."
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eric - Governor
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Wed Dec 18, 2013 9:16 am
I'll share one of my positions.
I sold 0.5371 XBT at 34LTC, receiving Ł18.225 . This evening or perhaps tomorrow I will sell it back at 25 LTC and receive 0.729 XBT for my trouble. (Hopefully XBT will regain some value)
The last trade in the currency pair XBT/LTC was for 35.7 down from a high of 36. I'm looking for 25.
I was going to originally sell at 36LTC but I didn't think it was going to make it that high so I changed it to 34, which it had hit earlier in the week. That's what i get for being a kitty.
Anyway, now I'm waiting for it to go back to 25. There's a lot of support at the price, probably about a a third of the pair's volume is sitting on that figure with no resistance on the other side, so it's going to happen.
I can watch all of this unfold with the depth and volume charts, the bid/ask spread, recent trades etc at my exchange.
I sold 0.5371 XBT at 34LTC, receiving Ł18.225 . This evening or perhaps tomorrow I will sell it back at 25 LTC and receive 0.729 XBT for my trouble. (Hopefully XBT will regain some value)
The last trade in the currency pair XBT/LTC was for 35.7 down from a high of 36. I'm looking for 25.
I was going to originally sell at 36LTC but I didn't think it was going to make it that high so I changed it to 34, which it had hit earlier in the week. That's what i get for being a kitty.
Anyway, now I'm waiting for it to go back to 25. There's a lot of support at the price, probably about a a third of the pair's volume is sitting on that figure with no resistance on the other side, so it's going to happen.
I can watch all of this unfold with the depth and volume charts, the bid/ask spread, recent trades etc at my exchange.
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The Dharma Bum - Vice President
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by eric » Wed Dec 18, 2013 9:17 am
"With the first link, the chain is forged. The first speech censured, the first thought forbidden, the first freedom denied, chains us all irrevocably."
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Wed Dec 18, 2013 9:19 am
I started that position with the first .25 bitcoin I bought. However they have lost value since then so at this time that position is in the red. I'm gaining bitcoin but losing dollars atm.
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The Dharma Bum - Vice President
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by eric » Wed Dec 18, 2013 9:21 am
In terms of $$. What have you made and lost on those positions?
"With the first link, the chain is forged. The first speech censured, the first thought forbidden, the first freedom denied, chains us all irrevocably."
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