Originally Posted by Munson:
What's the deal with bitcoin tanking?
Earlier this month it was around $4,800, and now it's dropped to $3,400.
Don't know as I don't follow it. But didn't China just recently announce they are banning all forms of digital currency? Of course the ban is just for China to have their own form of digital currency. [Reply]
Originally Posted by RubberSponge:
Don't know as I don't follow it. But didn't China just recently announce they are banning all forms of digital currency? Of course the ban is just for China to have their own form of digital currency.
Think they just banned ICO's. But maybe that ban and scrutiny is scaring people off that think bitcoin might be banned by many governments in the imminent future? I wasn't really scared when it dipped to $4,000, or even $3,700. But it's almost at $3200 now and been diving. I'm still going to hold, but is everyone still thinking this is going to be $10,000 in the next couple of years?
All I know is I've lost about $10,000 in two weeks. Fuck me. [Reply]
Originally Posted by BWillie:
Think they just banned ICO's. But maybe that ban and scrutiny is scaring people off that think bitcoin might be banned by many governments in the imminent future? I wasn't really scared when it dipped to $4,000, or even $3,700. But it's almost at $3200 now and been diving. I'm still going to hold, but is everyone still thinking this is going to be $10,000 in the next couple of years?
All I know is I've lost about $10,000 in two weeks. Fuck me.
Originally Posted by BWillie:
I'm not selling for years, unless I hear rumblings the US or most of europe is going to make owning crypto keys illegal.
Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order, in conjunction with the statute under which it was issued, was to criminalize the possession of monetary gold by any individual, partnership, association or corporation. [Reply]
Originally Posted by Munson:
What's the deal with bitcoin tanking?
Earlier this month it was around $4,800, and now it's dropped to $3,400.
Oh, I'm sure it's nothing. Just some guys from JP Morgan yammering on about Tulips and Pyramids or something. They just don't understand cryptocurrencies and how you're guaranteed to make 10x your money back in two weeks.
(FWIW, congrats to you guys who got in low-seriously--...now, do you bank some profits or let it ride?) [Reply]
Originally Posted by Fat Elvis:
Oh, I'm sure it's nothing. Just some guys from JP Morgan yammering on about Tulips and Pyramids or something. They just don't understand cryptocurrencies and how you're guaranteed to make 10x your money back in two weeks.
(FWIW, congrats to you guys who got in low-seriously--...now, do you bank some profits or let it ride?)
Originally Posted by ChiefRocka:
Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order, in conjunction with the statute under which it was issued, was to criminalize the possession of monetary gold by any individual, partnership, association or corporation.