Page 2 of 3 FirstFirst 1 2 3 LastLast
Results 16 to 30 of 36

Thread: Crypto Currency

  1. #16
    Location
    Calgary
    Rep Power
    40

    Dobber Sports Expert

    Default Re: Crypto Currency

    Quote Originally Posted by Mr. Guru View Post
    I do most of my investing purely as a technical investor.

    $3000 seems to be support.
    I think that's fair. 3000 would seem to be lining up a trendline with previous lows in early July and early March.
    Another thing I'd like to understand is why Bitcoin soars now even though gold sputters. The latter is supposed to be the only real money. It should be the go-to investment in turbulent times, not something manufactured like a cryptocurrency.
    Is it possible we're witnessing the slow death of the centuries-old argument of "gold being the only true store of monetary value... " ?

  2. #17
    Rylant's Avatar
    Rylant is online now
    Join Date
    Jun 2009
    Posts
    2,818
    Location
    Edmonton, AB
    Rep Power
    50

    Dobber Sports Veteran

    Default Re: Crypto Currency

    Are you talking about investing in it? Or actually mining bitcoins? I know a guy who mines bitcoins on his PC 24/7; it's to the point where it isn't fiscally responsible to do that anymore.

    Rylant

  3. #18
    Mr. Guru's Avatar
    Mr. Guru is offline
    Join Date
    Aug 2009
    Posts
    8,721
    Location
    Toronto
    Rep Power
    50

    The Magnificent One

    Default Re: Crypto Currency

    Mining is definitely out of the question.


    Im not even interested in investing long term but rather using it as a trading vehicle.

    Im not sure how I feel about it long term.

  4. #19
    bergman's Avatar
    bergman is online now
    Join Date
    Oct 2015
    Posts
    484
    Location
    London, ON
    Rep Power
    5

    Dobber Sports Blue-Chipper

    Default Re: Crypto Currency

    They are saying Ethereum is going to surpass Bitcoin. Ethereum was made by a Canadian-Russian. I wonder if there's a significant risk in the creation of many other digital currencies, which could saturate the market for them. Also, although payments can be made with Bitcoin, it's not well-adopted enough for it to be considered a currency. Right now it's an asset like gold.

    Another interesting thing is that company's have started to accept coins to raise capital. They're called Initial Coin Offerings as opposed to IPO's and are apparently gaining popularity in tech.
    Bergman - est. 2015 - Rebuild in progress.

    H2H Dynasty 20-team, 32+10m Roster - G A Pts +/- PPP Sh Hit Blk FOW W GAA Sv% SHO

    C: Barkov, Monahan, Nugent-Hopkins, Wennberg, Eriksson Ek, Jost, Roslovic, Dahlen, Mittelstadt
    LW: Beauvillier, Dubois, Bjork, Hudon, Vesalainen
    RW: Okposo, E.Lindholm, Smith, J. Anderson, Bjorkstrand, Thompson, Tippet
    D: Letang, Carlson, Skjei, Beaulieu, G.Carlsson, Pulock, Pouliot, R.Andersson, Wood, Larsson, Juulsen, Cholowski, Hobbs
    G: Price, Mrazek, Brossoit, Demko, Lindgren, Montembeault

  5. #20
    Atomic Wedgy's Avatar
    Atomic Wedgy is online now
    Join Date
    Feb 2007
    Posts
    6,401
    Rep Power
    50

    Dobber Sports Wizard

    Default Re: Crypto Currency

    On September 8th one bitcoin was worth almost $4700. Today one bitcoin is worth $3379.
    O&B Dream Team
    Bill Barber - Bobby Clarke - Tim Kerr
    Mark Howe - Chris Pronger
    Bernie Parent

    Farm: Giroux

  6. #21
    Location
    Calgary
    Rep Power
    40

    Dobber Sports Expert

    Default Re: Crypto Currency

    Quote Originally Posted by Atomic Wedgy View Post
    On September 8th one bitcoin was worth almost $4700. Today one bitcoin is worth $3379.
    Yup, and still somehow a triple YTD. What a rollercoaster.

  7. #22
    forumname's Avatar
    forumname is online now
    Join Date
    Nov 2011
    Posts
    2,493
    Location
    Victoria
    Rep Power
    43

    Dobber Sports Pro

    Default Re: Crypto Currency

    Quote Originally Posted by bergman View Post
    They are saying Ethereum is going to surpass Bitcoin. Ethereum was made by a Canadian-Russian. I wonder if there's a significant risk in the creation of many other digital currencies, which could saturate the market for them. Also, although payments can be made with Bitcoin, it's not well-adopted enough for it to be considered a currency. Right now it's an asset like gold.
    They say anything and everything. Best not to listen to any of it.
    TEAM 1

    16 teams, keep 5, Yahoo H2H

    (G)(A)(+/-)(PIM)(PPP)(SHP)(HIT)(BLK)
    (W)(GAA)(SV%)(SHO)

    C,C,RW,RW,LW,LW,D,D,D,D,G,BN,BN,BN,BN,IR

  8. #23
    Atomic Wedgy's Avatar
    Atomic Wedgy is online now
    Join Date
    Feb 2007
    Posts
    6,401
    Rep Power
    50

    Dobber Sports Wizard

    Default Re: Crypto Currency

    Its a pretty wild ride if you have the stomach for it.
    O&B Dream Team
    Bill Barber - Bobby Clarke - Tim Kerr
    Mark Howe - Chris Pronger
    Bernie Parent

    Farm: Giroux

  9. #24
    Mr. Guru's Avatar
    Mr. Guru is offline
    Join Date
    Aug 2009
    Posts
    8,721
    Location
    Toronto
    Rep Power
    50

    The Magnificent One

    Default Re: Crypto Currency

    Almost at my order fill. $3000

  10. #25
    bergman's Avatar
    bergman is online now
    Join Date
    Oct 2015
    Posts
    484
    Location
    London, ON
    Rep Power
    5

    Dobber Sports Blue-Chipper

    Default Re: Crypto Currency

    Quote Originally Posted by forumname View Post
    They say anything and everything. Best not to listen to any of it.

    If by listen you mean act upon, sure. It wasn't clear in my post but what I meant was Ether is supposedly going to become more widespread in use and user base than Bitcoin. I did not mean in terms of market rate. I don't invest in any of this anyway - just sitting on the sidelines and commenting on the phenomenon that it is.
    Bergman - est. 2015 - Rebuild in progress.

    H2H Dynasty 20-team, 32+10m Roster - G A Pts +/- PPP Sh Hit Blk FOW W GAA Sv% SHO

    C: Barkov, Monahan, Nugent-Hopkins, Wennberg, Eriksson Ek, Jost, Roslovic, Dahlen, Mittelstadt
    LW: Beauvillier, Dubois, Bjork, Hudon, Vesalainen
    RW: Okposo, E.Lindholm, Smith, J. Anderson, Bjorkstrand, Thompson, Tippet
    D: Letang, Carlson, Skjei, Beaulieu, G.Carlsson, Pulock, Pouliot, R.Andersson, Wood, Larsson, Juulsen, Cholowski, Hobbs
    G: Price, Mrazek, Brossoit, Demko, Lindgren, Montembeault

  11. #26
    forumname's Avatar
    forumname is online now
    Join Date
    Nov 2011
    Posts
    2,493
    Location
    Victoria
    Rep Power
    43

    Dobber Sports Pro

    Default Re: Crypto Currency

    Quote Originally Posted by bergman View Post
    If by listen you mean act upon, sure. It wasn't clear in my post but what I meant was Ether is supposedly going to become more widespread in use and user base than Bitcoin. I did not mean in terms of market rate. I don't invest in any of this anyway - just sitting on the sidelines and commenting on the phenomenon that it is.
    I see what you're saying, but when you say "it's supposedly going to ____", I'm not sure how you came to that conclusion. Some people surely do believe that Etherium will beat out Bitcoin, but others believe the opposite, and both sides preach their positions like gospel. "Supposedly"... according to who?
    TEAM 1

    16 teams, keep 5, Yahoo H2H

    (G)(A)(+/-)(PIM)(PPP)(SHP)(HIT)(BLK)
    (W)(GAA)(SV%)(SHO)

    C,C,RW,RW,LW,LW,D,D,D,D,G,BN,BN,BN,BN,IR

  12. #27
    bergman's Avatar
    bergman is online now
    Join Date
    Oct 2015
    Posts
    484
    Location
    London, ON
    Rep Power
    5

    Dobber Sports Blue-Chipper

    Default Re: Crypto Currency

    Quote Originally Posted by forumname View Post
    I see what you're saying, but when you say "it's supposedly going to ____", I'm not sure how you came to that conclusion. Some people surely do believe that Etherium will beat out Bitcoin, but others believe the opposite, and both sides preach their positions like gospel. "Supposedly"... according to who?

    https://www.bloomberg.com/news/artic...ousin-ethereum

    https://beta.theglobeandmail.com/rep...beandmail.com&


    I am about as far from an expert as is possible, but many of the arguments in the above articles are hard to deny - Ethereum's blockchain technology seems to aim to serve a much broader range of purposes and Ether already represents 1/4 of the cryptocurrency market comprised of ~800 variants. There are multiple names and quotes in those articles if you're interested in who's opinion I'm basing the word 'supposedly' on... I don't think it really matters, anyway, which becomes more predominant, and it doesn't seem to be certain - I am simply making discussion.
    Bergman - est. 2015 - Rebuild in progress.

    H2H Dynasty 20-team, 32+10m Roster - G A Pts +/- PPP Sh Hit Blk FOW W GAA Sv% SHO

    C: Barkov, Monahan, Nugent-Hopkins, Wennberg, Eriksson Ek, Jost, Roslovic, Dahlen, Mittelstadt
    LW: Beauvillier, Dubois, Bjork, Hudon, Vesalainen
    RW: Okposo, E.Lindholm, Smith, J. Anderson, Bjorkstrand, Thompson, Tippet
    D: Letang, Carlson, Skjei, Beaulieu, G.Carlsson, Pulock, Pouliot, R.Andersson, Wood, Larsson, Juulsen, Cholowski, Hobbs
    G: Price, Mrazek, Brossoit, Demko, Lindgren, Montembeault

  13. #28
    Mr. Guru's Avatar
    Mr. Guru is offline
    Join Date
    Aug 2009
    Posts
    8,721
    Location
    Toronto
    Rep Power
    50

    The Magnificent One

    Default Re: Crypto Currency

    Alright, order filled around 6am.....

    Im in at $3000 usd

  14. #29
    Atomic Wedgy's Avatar
    Atomic Wedgy is online now
    Join Date
    Feb 2007
    Posts
    6,401
    Rep Power
    50

    Dobber Sports Wizard

    Default Re: Crypto Currency

    It only did a fly by at just under 3k. Its at $3700 again. On its way back up.
    O&B Dream Team
    Bill Barber - Bobby Clarke - Tim Kerr
    Mark Howe - Chris Pronger
    Bernie Parent

    Farm: Giroux

  15. #30
    Mr. Guru's Avatar
    Mr. Guru is offline
    Join Date
    Aug 2009
    Posts
    8,721
    Location
    Toronto
    Rep Power
    50

    The Magnificent One

    Default Re: Crypto Currency

    As I was expecting/hoping for.

    Im currently up 27.50%.

    This is just unreal.

    I'll probably lock in some profits at 4000

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •