Bitcoin Price Tracking & Discussion -- 2017

**TheMoneyShot** · 12-06-17, 03:39 AM

I hope we don't have these AUTO SELL OFFS at 12,500

**GunShard** · 12-06-17, 04:55 AM

When Bitcoin reaches an all time high there's always a small crash afterwards.
Once it crashes, that's the perfect time to invest in Bitcoin and other crypto. But it hasn't crashed yet this month.

**ChuckyTheGoat** · 12-06-17, 04:57 AM

Originally posted by TheMoneyShot

I hope we don't have these AUTO SELL OFFS at 12,500

Gut instinct is that it's coming very soon. Somebody is going to cash in profits.

**ChuckyTheGoat** · 12-06-17, 06:10 AM

Originally posted by TheMoneyShot

I hope we don't have these AUTO SELL OFFS at 12,500

Shot, someone sold off a boatload around 12,800. Talk about a quick 3% dip. Look at the trendline around 6am EST.

**TheMoneyShot** · 12-06-17, 06:39 AM

Originally posted by ChuckyTheGoat

Shot, someone sold off a boatload around 12,800. Talk about a quick 3% dip. Look at the trendline around 6am EST.

I just noticed that.

Coindesk reporting max high of $12,798.16 and dropped to $12,473.00 in 10 minutes. Crazy.

**TheMoneyShot** · 12-06-17, 06:42 AM

Bitcoin just gained 1,000+ in just under 12 hours. Unreal.

**bigtymer56** · 12-06-17, 06:48 AM

Originally posted by TheMoneyShot

Bitcoin just gained 1,000+ in just under 12 hours. Unreal.

At point it feels unreal when the price isn't volatile

**TheMoneyShot** · 12-06-17, 06:51 AM

Originally posted by bigtymer56

At point it feels unreal when the price isn't volatile

And what's the overall gain of Bitcoin in the last 4-5 weeks? Do tell.

**TheBettingMan** · 12-06-17, 07:31 AM

Interesting article and perhaps a fair warning about trusting/investing too much into Bitcoin. I hope this bill doesn't come to pass as I on occasion use Bitcoin to deposit into sportsbooks/casinos. But government will try to find a way to control crypto-currencies.

Bitcoin To Be Declared A Financial Institution -- Beware! | Armstrong Economics

https://www.armstrongeconomics.com/world-news/cryptocurrency/bitcoin-being-declared-a-financial-institution-beware/

The risk with Bitcoin is that the government could simply change the definition of money. That is what they did to me back in 1980 because I was one of the

**JAKEPEAVY21** · 12-06-17, 08:11 AM

13k

**Optional** · 12-06-17, 08:32 AM

Ya gotta love this rash of people who are suddenly new to bitcoin now posting news articles by journalists who know less than them, and dire warnings to all of us who have been watching/using it for years!

*Note to helpful warning people: There is a good reason you have waited until now to find out about bitcoin. And it's the same reason you probably should be listening rather than tossing around predictions and warnings.

**JAKEPEAVY21** · 12-06-17, 08:49 AM

Originally posted by Optional

Ya gotta love this rash of people who are suddenly new to bitcoin now posting news articles by journalists who know less than them, and dire warnings to all of us who have been watching/using it for years!

*Note to helpful warning people: There is a good reason you have waited until now to find out about bitcoin. And it's the same reason you probably should be listening rather than tossing around predictions and warnings.

anything can happen but I feel pretty confident that it will continue to go up for awhile.

It seems like we are just picking up some major momentum now...

will we hit 15k before the end of the year?

**Optional** · 12-06-17, 08:53 AM

Originally posted by JAKEPEAVY21

anything can happen but I feel pretty confident that it will continue to go up for awhile.

It seems like we are just picking up some major momentum now...

will we hit 15k before the end of the year?

I dunno mate. Could be anything by then. Exciting times!

Picking a time to sell is probably going to be quite tough. Hard to sell appreciating assets.

**JAKEPEAVY21** · 12-06-17, 09:03 AM

Originally posted by Optional

I dunno mate. Could be anything by then. Exciting times!

Picking a time to sell is probably going to be quite tough. Hard to sell appreciating assets.

if it gets to ~50k sometime next year, I'll sell some...for now, I have no desire to get rid of anything.

you're right though, greed starts setting in but at some point you have to consider pocketing some nice profits.

**7deuceoff$uit** · 12-06-17, 10:26 AM

It's going to the moon gents!!!

**bigtymer56** · 12-06-17, 10:42 AM

Originally posted by Optional

Ya gotta love this rash of people who are suddenly new to bitcoin now posting news articles by journalists who know less than them, and dire warnings to all of us who have been watching/using it for years!

*Note to helpful warning people: There is a good reason you have waited until now to find out about bitcoin. And it's the same reason you probably should be listening rather than tossing around predictions and warnings.

To be honest Optional...i've been in this over a year and still feel like I don't know what the hell i'm doing. Feel like shit moves faster than I keep up with. Esp...with the alt coins. Soon as I understand 1 and how it works, and why people would use it, 3 more pop up.

**TheBettingMan** · 12-06-17, 12:40 PM

Originally posted by Optional

Ya gotta love this rash of people who are suddenly new to bitcoin now posting news articles by journalists who know less than them, and dire warnings to all of us who have been watching/using it for years!

*Note to helpful warning people: There is a good reason you have waited until now to find out about bitcoin. And it's the same reason you probably should be listening rather than tossing around predictions and warnings.

Martin Armstrong is not a journalist but a former market maker in gold and has managed over $1 trillion in funds. As far as "years", bitcoin has been around only for 8 years. I don't think you read the article. He isn't saying bitcoin is going away but rather the government will and is trying to control bitcoin and erase the anonymity of it for taxing and such.

**shocka1212** · 12-06-17, 12:54 PM

Originally posted by TheMoneyShot

I hope we don't have these AUTO SELL OFFS at 12,500

really dont think we'd see a sell off unless it hits 14,700 or so.

**trytrytry** · 12-06-17, 01:50 PM

BITCOIN experts

What happened to that split BITCOIN DIAMOND

is it still worth $20- $50 ? tiny free money created?

what exchanges will do something with it automatically like bit coin gold did if you held the BTC at time of split?

or is that all over no real coins came out?

**ans61201** · 12-06-17, 03:51 PM

These huge jumps in value make me more nervous than excited. Those always feel like something else is coming. But then it ends up bouncing back on steroids so who the hell knows

**shocka1212** · 12-06-17, 03:53 PM

Originally posted by ans61201

These huge jumps in value make me more nervous than excited. Those always feel like something else is coming. But then it ends up bouncing back on steroids so who the hell knows

unless you got in early.. in which case.. eternal rock solid hard on

**ans61201** · 12-06-17, 03:57 PM

Nicehash, an exchange I hadn't prior heard of just got hacked for 60M worth of btc

**TheMoneyShot** · 12-06-17, 04:32 PM

Originally posted by Optional

Ya gotta love this rash of people who are suddenly new to bitcoin now posting news articles by journalists who know less than them, and dire warnings to all of us who have been watching/using it for years!

*Note to helpful warning people: There is a good reason you have waited until now to find out about bitcoin. And it's the same reason you probably should be listening rather than tossing around predictions and warnings.

100% agree. You trust them for what??? They write news stories like they work for the Enquirer.

Everyone has to realize... they need stories... and it's their opinion. ZERO FACTS INVOLVED. Even the stories at CoinDesk... I think most are written by 8th graders.

Trust your own viewpoints. You probably know 10X more than they do.

Journalists write stories for a living... and they don't even have to be close to the truth.

**JAKEPEAVY21** · 12-06-17, 05:37 PM

14k

**ans61201** · 12-06-17, 05:46 PM

Originally posted by JAKEPEAVY21

14k

What the actual penetrate 🍺🍺🍺🍺

**7deuceoff$uit** · 12-06-17, 05:55 PM

Discontinuing betting and putting all gambling funds towards btc. Unreal today!!! 20k by end of January?

**ans61201** · 12-06-17, 06:09 PM

Originally posted by 7deuceoff$uit

Discontinuing betting and putting all gambling funds towards btc. Unreal today!!! 20k by end of January?

Let's hope not. Steady growth is better, unless 20k is you sell point

**Forearm Shiver** · 12-06-17, 06:39 PM

The fact that the discussion has gone mainstream is pretty good evidence that the time to buy has passed. Once Joe Public is aware of it, it's too late.

**eidolon** · 12-06-17, 06:51 PM

Damn...i knew I should have gotten out of ethereum and into bitcoin back in September.

**eidolon** · 12-06-17, 06:56 PM

Originally posted by Forearm Shiver

The fact that the discussion has gone mainstream is pretty good evidence that the time to buy has passed. Once Joe Public is aware of it, it's too late.

Usually the case, but I still see $300-500 billion dollars a year to continue being invested in cryptocurrency for next couple of years.

**ans61201** · 12-06-17, 07:38 PM

14.5 😳😳😳😳😳

**Outsider626** · 12-06-17, 07:40 PM

Now i believe the guy who said that by the end of 2018 BTC will be worth 40k.

**quitefrankle** · 12-06-17, 07:40 PM

Will it dip this month or after new years?

**SEAHAWKHARRY** · 12-06-17, 07:43 PM

14k
Unreal

**SEAHAWKHARRY** · 12-06-17, 07:45 PM

Originally posted by 7deuceoff$uit

Discontinuing betting and putting all gambling funds towards btc. Unreal today!!! 20k by end of January?

20 k by end of this year Christmas bonus week gonna drive the price up I belueve