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11-26-2017, 07:57 PM | #631 |
SuperBowl or bust
Join Date: Dec 2008
Location: BF Iowa
Casino cash: $-145912
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This has been a huge bull run that I’m sure is close to due for a market correction.
I’m thinking about gambling a bit once Bitcoin gets to 10,000 today or tomorrow and sell it off in anticipation of a consolidation which will present a nice buying opportunity to get more bitcoin for the same dollar. Sell high buy low. Risky, but this whole thing is risky. |
Posts: 47,580
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11-26-2017, 08:21 PM | #632 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $651110
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Bitcoin closing in on $10,000!
This is fun to watch. I hope whoever on CP has invested makes a fortune and then chips in to buy the Chiefs! LOL
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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11-26-2017, 09:07 PM | #633 |
What's up braj?
Join Date: Jun 2008
Location: Placencia, Belize
Casino cash: $-6750
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11-26-2017, 09:08 PM | #634 | |
What's up braj?
Join Date: Jun 2008
Location: Placencia, Belize
Casino cash: $-6750
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Quote:
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11-27-2017, 09:48 AM | #635 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $651110
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The largest bitcoin exchange opened over 100,000 RETAIL accounts last week. What does that forebode?
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 53,144
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11-27-2017, 10:52 AM | #636 |
He's Mahomie!
Join Date: Aug 2001
Location: Jax, FL
Casino cash: $10023443
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Time to buy a hard wallet. Trezor has a deal on 3. Figured I'd give to my kids. Issue is it only supports Bitcoin and litecoin. No etheruem or others. Any other ones support more altcoins?
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99.9% |
Posts: 17,387
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11-27-2017, 11:00 AM | #637 |
Emporer of Mongo
Join Date: Apr 2010
Location: Milky Way
Casino cash: $1007556
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---- 2018 Adopt-A-Chief : Chris Conley 2017 Adopt-A-Chief : FRANK ZOMBO Click here-->***The Holy Chiefsplanet Lexicon **** |
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11-28-2017, 06:10 AM | #638 | |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9745019
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Quote:
https://www.myetherwallet.com |
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Posts: 3,825
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11-28-2017, 08:02 AM | #639 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-269523
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Some stocks that are into Crypto currencies. Some of these have HUGE recent gains
GBTC MOGOF PRELF OSTK DPW INTV DIGAF TEUM |
Posts: 40,661
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11-28-2017, 08:05 AM | #640 | |
He's Mahomie!
Join Date: Aug 2001
Location: Jax, FL
Casino cash: $10023443
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Quote:
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99.9% |
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11-28-2017, 08:06 AM | #641 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-269523
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9:00 AM ET 11/28/17 |
3:59 PM ET 11/27/17 Symbol Last % Chg INTV 0.57 0.00% Quotes delayed at least 15 minutes Integrated Ventures Powers Ahead With Bitcoin Mining Operations Bitcoin Miners - Great Way to Play Bitcoin Market With Less Volatility. PHILADELPHIA, PENNSYLVANIA--(Marketwired - Nov 28, 2017) - Integrated Ventures (OTCQB:INTV) (INTV) has reinvented itself as a pure play on bitcoin mining. Earlier this year INTV set up a wholly owned subsidiary BitcoLab to focus exclusively on setting up bitcoin mining operations. Their approach seems to be very measured and thoughtful because they are starting out small in order to prove the concept out with a 1000 SF warehouse and then expanding to a 10,000 SF warehouse with solar panel roof. They have a diversified coin strategy and are mining Bitcoin, Etherium, and Litecoin. They have also taken a number of calculated measures to improve the company structure with only 40 million authorized and a significantly strengthened the balance sheet it positions them well for future growth. The company is cash flow positive after the mining rigs started last week. There is also a hint of a vertical integration strategy that may lead to other acquisitions. The company is also breaking new ground as one of 2 publicly traded bitcoin mining companies. Core Business : Mining Operation Bitcoin mining operations seem simple on the surface and most think you need power and need some mining units. If we translate this into an analogy its equivalent to gold panning on a river. It's not very efficient. Bitcoin mining is far more complex and you want to select a bitcoin miner that has streamlined operations and is getting ever last ounce of productivity out of the operation. Whichever bitcoin miner has the most powerful machines has an advantage over others. What this means is that the miner needs to have the latest mining equipment. Believe it or not by the time the miner gets delivery of his equipment it's almost obsolete. A miner need to find a way to optimize his mining rigs by selling the low performing ones and replacing them with the most advance models while optimizing the return on investment. Power is also a bit factor so getting a renewable source of energy like solar would reduce the cost of minding. Another factor is the volatility in the bitcoin market. A good miner will have a trader that takes advantage of this volatility or hedges the risk. Mining equipment can break so contingency planning and manning the downtime is another very important factor in operations. Another consideration is that miners operate together as part of mining pools and switching between pools to optimize the yield is part of the game as well. The cool thing is that you can measure their efficiency by their yield and the numbers are in real time. |
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11-28-2017, 09:52 AM | #642 |
Sexiest Athlete
Join Date: Apr 2001
Casino cash: $-578075
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Bitcoin just hit $10,000.
I was wrong about how high it could go. Congrats longs. |
Posts: 12,685
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11-28-2017, 10:28 AM | #643 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-269523
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Posts: 40,661
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11-28-2017, 10:48 AM | #644 |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
Casino cash: $968962
VARSITY
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Thats all fine and dandy until the first hack is made public. Then it crashes faster than Tulips.
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Mind you own damn business |
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11-28-2017, 12:10 PM | #645 |
MVP
Join Date: Jan 2013
Casino cash: $-314459
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