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BossChief 12-02-2017 08:07 AM
December 10th is when CME will begin trading Bitcoin futures.

That aught to kick it up a notch or 2.

June 2018 is when Bitcoin will start trading on Nasdaq.

Buckle up.

BossChief 12-02-2017 08:16 AM
Quote:
Originally Posted by Hog's Gone Fishin (Post 13253548)
Billionaire investor Michael Novogratz, who forecast a $10,000 price target before the end of 2017, made a follow-up prediction yesterday. (See also: New $500 Million Hedge Fund Will Focus On Cryptocurrencies.) According to him, bitcoin’s price will hit $40,000 by the end of 2018.
That’s just part of the segment Chiefs Rocka posted.

It’s definitely worth watching.

O.city 12-02-2017 08:39 AM
Anyone know much about ripple?

ChiefRocka 12-02-2017 08:55 AM
Quote:
Originally Posted by O.city (Post 13253608)
Anyone know much about ripple?
Its the banks attempt to monopolize blockchain. Ripple network may survive but the currency XRP will not IMHO.

Buckweath 12-02-2017 09:05 AM
Quote:
Originally Posted by ChiefRocka (Post 13253621)
Its the banks attempt to monopolize blockchain. Ripple network may survive but the currency XRP will not IMHO.
What about IOTA? I am exploring the idea to invest in that.

Hog's Gone Fishin 12-02-2017 09:12 AM
Quote:
Originally Posted by O.city (Post 13253608)
Anyone know much about ripple?
Fred Sanford used to drink the hell outta that shit

Hog's Gone Fishin 12-02-2017 09:17 AM
There are several stocks you can buy so you don't have to go through the hassle of trying to buy crypto itself.

GBTC is solely Bitcoin stock

BLKCF is diversified with a lot of the different coins

INTV focuses on mining Bitcoins

Jewish Rabbi 12-02-2017 12:34 PM
Quote:
Originally Posted by Hog's Gone Fishin (Post 13253659)
There are several stocks you can buy so you don't have to go through the hassle of trying to buy crypto itself.

GBTC is solely Bitcoin stock

BLKCF is diversified with a lot of the different coins

INTV focuses on mining Bitcoins
GBTC trading at a high premium right now. I expect that to drop once futures trading opens.

Hog's Gone Fishin 12-02-2017 12:38 PM
Quote:
Originally Posted by Jewish Rabbi (Post 13253965)
GBTC trading at a high premium right now. I expect that to drop once futures trading opens.
Doesn't that take place on the 10th ?

Jewish Rabbi 12-02-2017 12:40 PM
Quote:
Originally Posted by Hog's Gone Fishin (Post 13253971)
Doesn't that take place on the 10th ?
Correct. I would drop GBTC before then, but I’ve been wrong before.

Hog's Gone Fishin 12-02-2017 01:36 PM
Quote:
Originally Posted by Jewish Rabbi (Post 13253974)
Correct. I would drop GBTC before then, but I’ve been wrong before.
I'm thinking it will dip and then recoup. It follows Bitcoin and Bitcoin isn't going away for awhile.

Hog's Gone Fishin 12-02-2017 01:58 PM
I like this site to see what other investors are thinking. It's like Chiefsplanet for stocks. Punch in any stock and see conversation.

https://www.stocktwits.com/symbol/GBTC?q=GBTC

BWillie 12-02-2017 03:21 PM
I don't understand, why would you buy GBTC instead of actual bitcoin?

MahiMike 12-02-2017 08:18 PM
Quote:
Originally Posted by BWillie (Post 13254319)
I don't understand, why would you buy GBTC instead of actual bitcoin?
Exactly.

RobBlake 12-02-2017 08:23 PM
IS there a new time thread on how to even get started into investing


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