Littleshark
A while back ,,, ACE said we should have a Bitcoin thread ... so here it is ...

post your thoughts as desired ... and you stock plays in this sector ~ if you wish to do so ...

The Forum Administrator has added this comment: Trading in Bitcoin or other crypto-currencies and stocks related to these financial instruments is HIGHLY SPECULATIVE and can be EXTREMELY VOLATILE. This forum and its posters cannot provide investment or trading advice. All comments on this board are by anonymous people and in no way do any of the comments or illustrations here constitute investment advice. As always, please consult a Registered Investment Advisor (RIA) or a licensed stockbroker before investing or trading in any financial instruments, and especially crypto-currencies and their related instruments.       
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Littleshark
... https://finance. yahoo.com/news/how-to-buy-bitcoin-180337499.html ...

lots of info beyond just buying Bitcoin in the video ... stuff you really want know ~ if interested in this space ...
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Littleshark
... https://finance. yahoo.com/news/ethereum-apos-blockchain-jamming-because-204259233.html ...

... https://finance. yahoo.com/m/8c3618f3-03f4-393d-8eb2-527ab4f104bf/ss_what-if-financial-markets-ran.ht ...

... https://finance. yahoo.com/m/4d8a8358-3806-3fee-a668-67529809dd06/ss_status%2C-the-first-ever-mob ...

... https://finance. yahoo.com/m/5e007271-08af-3ce4-86cc-2864f971eec3/td-ameritrade-and-ally-invest.html ... to offer Bitcoin futures !!!

... https://finance. yahoo.com/news/cboe-begin-bitcoin-futures-trading-164038033.html ... begin trading on Dec. 10 ... a different article said Bitcoin futures trading will be free during Dec. ...
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Littleshark
... http://Winklevoss Twins Are Bitcoin's First Billionaires [Investopedia] Rakesh Sharma InvestopediaDecember 4, 2017 ... they invested $11million in Bitcoin in 2013 at about $120 ...
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acestocksplayer
There are at least TWO stocks I know of that trade as "proxies" (substitutes) for Bitcoin...

They are RIOT and OSTK. 

Here is my RIOT daily chart....notice that RIOT seems to be forming a new wide base between $12 and $24...it can be traded profitably within this large base, if timed properly....

RIOT daily chart

[image]
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Overstock....OSTK 

Shark, thanks for starting up this thread...many people are at least taking a gander at the crypto currencies, so glad to see a board for it! 

OSTK was a money losing internet merchandiser until it invested a bit into BIT COIN and has attracted many new traders....

It looks like OSTK is in a selling phase...I say let it keep dropping and avoid until it finds support...the rising 50 day line (blue) might prove to be that support, but don't try to front run the stock, is what I am thinking....

OSTK daily chart 

[image] 
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
BITCOIN BREAKS ABOVE $12,000 FOR FIRST TIME EVER...

This just happened over in Asia on this Tuesday night...December 5th in Asia...

CLICK HERE TO VIEW THE BREAKING NEWS ON BITCOIN    [crazy][rofl]

Yale professor and investment guru Stephen Roach warns that Bitcoin is a dangerous bubble, in his opinion....in the same link above.
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
This expert OPTIONS TRADER offers stock traders an interesting way to try to profit off the BitCoin craze...

[idea][idea][idea]


WATCH THIS CNBC VIDEO

How to cash in on the bitcoin boom from CNBC.

">http://

 


ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
BITCOIN TRUST FUND SYMBOL IS GBTC...

Here is a daily chart with the ACE point of view...imho, it's very overbought with the price outside the upper bollinger bands for more than a few sessions...

GBTC DAILY CHART 

[image] 
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
A crypto stock list ,,, http://stockcharts.com/freecharts/candleglance.html?GBTC,BTSC,BTCS,MARA,DPW,SING,WRIT,RIOT,OSTK,MGTI,SCNA,rsys|B|B14| ...

have others ??? ... just open the chart and add yours and then repost the list by coping the web address & using "insert link" feature here ...

or go to Stockcharts.com and start another Candleglance list ... they only hold 12 stocks maximum ... but can make as many lists as we want to ...

change timeframe or chart indicator as you wish ...
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acestocksplayer
BitCoin now over the $14,000 mark!

Up over $2,000 in just a few days!

The CBOE will start futures trading next Sunday night...the CME will follow a few days later...this means the big institutions will have a way to short this animal!

Up to now, there has been no effective way to short Bitcoin...everything.could change next week.
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
heehee ACE ,,, we might be thinking to small ...

over a week ago ,,, I saw an article headline by one of the original inventors of blockchain currencies ,,, that said Bitcoin could go to $1million ...

then ,,, a couple days ago their was a video of another guy explaining why Bitcoin could go to $400,000 ...

and then another article that said that Bitcoin could hit $40,000 by the end of Dec. ...

and in my 4th post on this thread ,,, is the article about the twins that have already made over a $Billion on Bitcoin ...

a few years ago ,,, when I posted on the forum ,,, that Bitcoin had jumped from $300 to $600 ... everyone thought that price was insane ...
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Littleshark
Pre-market 12-7-2017

... Digital Power's stock rockets on heavy volume as bitcoin soars (MarketWatch) ... DPW +32% pre-market ...



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Littleshark
... Bitcoin blasts through $15,000 milestone, soars 20% in 24 hours (MarketWatch) ...
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Littleshark
I guess there is one more way to get rich off of Bitcoin:

... http://December 7, 2017 Report: $70 Million In Bitcoin Stolen From NiceHash 11:27 AM ET (Benzinga) ...
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Littleshark



That was pre-market this morning ...


now 11:12am CT ,,, http://Bitcoin blasts through $16,000 milestone as march higher continues 5:00 pm ET (MarketWatch) ...

Find the Candleglance list of charts in one of my posts above ,,, if you want to see how the Bitcoin stocks are responding ...

at this pace ,,, it could hit $40,000 by end of Dec. ,,, like that one guy predicted a few days ago ...
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Littleshark
... http://Bitcoin soared to over $19,000 on Coinbase — but other exchanges have totally different prices [Business Insider] Frank Chaparro Business InsiderDecember 7, 2017 ...
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Littleshark
... https://finance.yahoo.com/news/heres-big-bitcoin-problem-just-discovered-211912644.html ...

video tells some of the pricing problems & some of the infrastructure problems of Crypto-curencies ...
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Littleshark
Cryptokitties ... you can buy them ($100) or collect them or create them ... $1miilion worth yesterday ,,, $3million today ,,, so is catching on ...

they aren't real ,,, just digital pictures of kitties ... [crazy] but they are blocking up the Ethereum blockchain ... a problem that needs to be fixed ...
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Littleshark
Standpoint Raises Bitcoin Target To $28,000, Encourages Crypto Diversification, Ronnie Moas of Standpoint Research ,,, raised his price target for bitcoin for the fourth time in a month.
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Littleshark
12-8 ,,, 4:17 am ct ...

Bitcoin briefly breaks below $15,000 on CoinDesk, slides 11% (MarketWatch)

UPDATE: Scenes from Silicon Valley's cryptocurrency craze: A melding of reality, fantasy and hype (MarketWatch)
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Littleshark
http://UPDATE: Brokers say bitcoin futures contracts ignore risks Today 5:01 AM ET (MarketWatch)

exchange clearing houses are worried about trade size limits, margin requirements etc.

Bitcoin itself is a peer to peer trade ,,, so not regulated bt the SEC - for now - so trade limit protections & circuit breaker halts etc. don't exist ...

and yet they are launching a regulated futures contract on an unregulated entity - Bitcoin ...

the Clearing Houses could get stuck with losses if the margin requirements are to low when prices make sharp advances or declines - as Bitcoin has been doing ...

the CBOE Sunday futures symbol is XBT ... CME futures will begin trading on Dec.18 ...
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Littleshark
http://Bitcoin sells off, slides below $15,000 only hours after breaching $17,000 4:51 AM ET (MarketWatch)
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Littleshark
... http://Bitcoin soared to over $19,000 on Coinbase — but other exchanges have totally different prices [Business Insider] Frank Chaparro Business InsiderDecember 7, 2017 ...
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acestocksplayer
FUTURES TRADING IS UNDER WAY THIS SUNDAY EVENING ON THE CBOE....

And in the first hour, despite the website freezing up (I noticed that myself as I could not get to their page), the BitCoin currency is up a few hundred dollars...

Of course, 1st day trading is light...and few people except futures traders themselves seem to have access to trading on "the coin" at this time... 

CLICK HERE TO VIEW AN UPDATE ON BITCOIN FUTURES TRADING    [comp]
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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