Bitcoin Price Tracking & Discussion -- 2017

**gauchojake** · 01-04-17, 09:15 PM

Good timing for BTP payouts!

**triplecrown333** · 01-05-17, 08:54 AM

what did i say, any sniff of china clamping down will knock this thing down quick...

**jjgold** · 01-05-17, 08:54 AM

Bitcoin crashes more than 20% to $890 after nearing all-time high

**mackave** · 01-05-17, 09:25 AM

Chinese loans

**JAKEPEAVY21** · 01-05-17, 09:48 AM

It's starting to get a bit too volatile for my liking..

**triplecrown333** · 01-05-17, 09:51 AM

risk reward is not there at these prices, anything to do with money, the government will have a say

**Sam Odom** · 01-05-17, 10:01 AM

Originally posted by jjgold

Bitcoin crashes more than 20% to $890 after nearing all-time high

Originally posted by JAKEPEAVY21

It's starting to get a bit too volatile for my liking..

956 (bitpay)

**JAKEPEAVY21** · 01-05-17, 10:03 AM

Originally posted by Sam Odom

956 (bitpay)

what is your plan of attack now Sammy?

I'm thinking of selling a few more now but might just monitor and see what happens for a bit. When it's going up and down hundreds per coin, that's a bit too much of a roller coaster ride for me to stomach.

**Sam Odom** · 01-05-17, 10:07 AM

sold at 975

and at 1050

sorta like what Sammy suggested to you

only holding a few bought at 581

Looking to BUY now but at much lower than 950

**jjgold** · 01-05-17, 10:13 AM

Sammy your in a cold spell right now

Things your touching are freezing up

**RoyBacon** · 01-05-17, 10:15 AM

Quite a night. Picked up some here at $950. The play is get to $1000 before $900. I think it found a little floor at $900.

**Russian Rocket** · 01-05-17, 10:17 AM

whatever you decide to do, don't buy or sell BTC on margin - lots of folks lost money today on this quick price drop

**Sam Odom** · 01-05-17, 10:24 AM

Originally posted by jjgold

Sammy your in a cold spell right now

Things your touching are freezing up

**JAKEPEAVY21** · 01-05-17, 10:25 AM

Originally posted by Sam Odom

sold at 975

and at 1050

sorta like what Sammy suggested to you

only holding a few bought at 581

Looking to BUY now but at much lower than 950

I did sell 4 @1000

might sell 4 more here shortly and keep 4.5 coins

I actually did buy some silver from JM Bullion last night when it was at around $1130..

**triplecrown333** · 01-05-17, 10:30 AM

gold is the better play for me, cost about $1200 to mine an ounce , if or when it gets down to $1000 an ounce, i will walk to canal street and buy shitloads...

**RoyBacon** · 01-05-17, 10:31 AM

Originally posted by Russian Rocket

whatever you decide to do, don't buy or sell BTC on margin - lots of folks lost money today on this quick price drop

Nooo doubt. I do margin lending on Bitfinex and about 3/4 of my roll was returned overnight showing there was massive down pressure by market sell orders on margin calls.

**Sam Odom** · 01-05-17, 10:39 AM

might break back into 1000s

that would be a good sign short term

**Russian Rocket** · 01-05-17, 10:40 AM

Originally posted by RoyBacon

Nooo doubt. I do margin lending on Bitfinex and about 3/4 of my roll was returned overnight showing there was massive down pressure by market sell orders on margin calls.

Exactly...majority of everyday folks don't know a thing on how to properly use margin. It's easy to go over your head when you get to your disposal 3x of your original deposit.

**Sam Odom** · 01-05-17, 10:52 AM

accepting btc been a cash cow for CR sportsbooks

know a couple that have held all deposited btc since the price was in the high 300s

nonetheless

what goes up must come down - right ?

**Optional** · 01-05-17, 02:41 PM

I slept through this correction.

Think there was value taking some under 900 though.

Let's hope it settles down again now.

**Sam Odom** · 01-05-17, 06:05 PM

Originally posted by Sam Odom

might break back into 1000s

that would be a good sign short term

done and done

**dlowilly** · 01-05-17, 06:16 PM

Don't know anything about bitcoin

Would it be accurate to say you could have had $1000 worth of bitcoin in some sportsbook in 2013, forgotten about it, and it would be worth 10 million now?

**Optional** · 01-05-17, 07:43 PM

Originally posted by dlowilly

Don't know anything about bitcoin

Would it be accurate to say you could have had $1000 worth of bitcoin in some sportsbook in 2013, forgotten about it, and it would be worth 10 million now?

It was $13.66 on Jan 1st 2013. So your $1000 would be around $75000 now.

But it passed $1000 each in December that year, so you could have taken the same profit 3 years earlier.

It was $0.29 a year earlier than that so you would have made even more money in the 12 months prior to Jan1 2013.

**RoyBacon** · 01-05-17, 07:47 PM

Originally posted by dlowilly

Don't know anything about bitcoin

Would it be accurate to say you could have had $1000 worth of bitcoin in some sportsbook in 2013, forgotten about it, and it would be worth 10 million now?

There are a lot of these stories.

College kid bought some when they were .25 for a project. Bot 100 for $25. Forgot about them. WaaaLaa finds them and they are worth $100k. They traded as low as .07. Too bad we were not smart enough to buy $100 worth.

**Sam Odom** · 01-05-17, 10:16 PM

Good Night... 970

**Russian Rocket** · 01-05-17, 10:35 PM

Originally posted by RoyBacon

There are a lot of these stories.

College kid bought some when they were .25 for a project. Bot 100 for $25. Forgot about them. WaaaLaa finds them and they are worth $100k. They traded as low as .07. Too bad we were not smart enough to buy $100 worth.

Also the completely opposite horrendous stories when in 2010 someone paid 10,000 BTC to get a 25-dollar pizza delivered.

http://motherboard.vice.com/blog/this-pizza-is-worth-750000

**thellama** · 01-05-17, 10:39 PM

Is investing in well-run profitable companies and making money that way not exciting enough for you guys?

**RoyBacon** · 01-05-17, 11:56 PM

Originally posted by thellama

Is investing in well-run profitable companies and making money that way not exciting enough for you guys?

Old school. Although we do that too. This is the future.

**triplecrown333** · 01-06-17, 09:29 AM

buying bitcoin right now is buying confidence in china... let that sink in for a moment

**Sam Odom** · 01-06-17, 03:06 PM

High 800s

**gauchojake** · 01-06-17, 06:19 PM

This is starting to get annoying

**Optional** · 01-06-17, 10:29 PM

Originally posted by gauchojake

Good timing for BTP payouts!

Originally posted by gauchojake

This is starting to get annoying

Yeah turned out to be bad timing.

All the new users slammed with volatility to scare them.

It'll settle down again at some point. Which is what we really want as money transfer users of bitcoin.

**gauchojake** · 01-06-17, 10:36 PM

Originally posted by Optional

Yeah turned out to be bad timing.

All the new users slammed with volatility to scare them.

It'll settle down again at some point. Which is what we really want as money transfer users of bitcoin.

Opti I jinxed it

**JMUplayer** · 01-07-17, 12:38 AM

How you do sell bitcoins for $$$?

**Optional** · 01-07-17, 12:41 AM

Originally posted by JMUplayer

How you do sell bitcoins for $$$?

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http://www.sportsbookreview.com/forum/bitcoin-sports-betting/3344027-how-use-bitcoin-sports-betting-video-tutorial.html

Bitcoin sportsbook discussion and reviews by SBR and bitcoin sports bettor enthusiasts.