Bitcoin price discussion and analysis
- Thread starter greggles
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I can recommend the ASF site sponsor "investing.com"
Link to website with bitcoin in USD below.
They also have an app which I found quite good.
Ads are a bit annoying but that's the price you pay for free.
Investing.com
Link to website with bitcoin in USD below.
They also have an app which I found quite good.
Ads are a bit annoying but that's the price you pay for free.
Investing.com
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AUD of course, then ill drop back again when its $100k AUD.
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It's been slow to respond to Bitcoin price this time compared to Bitcoin's first run that happened a few years back, but I decided to put a bit of money on the Aussie Bitcoin/Blockchain stock Digitalx Ltd (DCC). Perhaps there is some catching up to do in DCC's share price...
Details are in Speculative Stock Portfolio along with my other stock holdings.
Details are in Speculative Stock Portfolio along with my other stock holdings.
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Top Fiat Currencies by Market Capitalization
Major fiat currency market cap in BTC
Major fiat currency market cap in BTC
Fiat Market Capitalizations | FiatMarketCap
fiatmarketcap.com
my EA is in BTC again and doing alright. ETH closed yesterday with a small loss from false breakout, and its in again today. I'm hoping ETH can push a little higher but its already at the 700 mark which is a fair bit higher than what it was earlier in the year! I missed some of the move due to my EA having a few issues but now that its all sorted I'm starting to catch a few of the breakouts (I'm running a simple donchian BO EA that I coded on ETHUSD and BTCUSD).
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My own view is that bitcoin has a privilege position, first one, name popularity
Btc eth and that's about it
hard enough to get traditional investors and fund into btc, there is no hope for smaller wannabe
And technology advantage will play no role.my view and probably wrong but i only trust BTC as having some investigating credibility
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I meant investing... autocomplete....
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I would say it has nothing to do with it to be honest.
99% of crypto will be gone eventually with only a few ones remaining, most of them are junk...
there is plenty of money that can go into BTC, like hundreds of billions if not trillions...
right now BTC is the king, it will take something amazing to knock it off its throne at this point.
and how could that play out (shutdown)? this would mean people losing loads of money (especially the big investors).
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For one government can ban local exchanges trading in bitcoin, China has done something like that before
Biden seems crypto friendly but that can mean they are going to fiddle with it. Korea, China and a few others did lay down regulation and helped pop the last run.
SEC against xrp will be interesting. I think the SEC do have a case as the ripple founders (allegedly) did some dodgy stuff. If SEC comes out with a win they may be emboldened from there.
All just speculation for now. But its good to keep an eye on.
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Bitcoin just hit exactly US$30,000 before falling back a bit.
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An almost vertical price rise, inexperienced traders jumping on the bandwagon (various assets not just Bitcoin) and now funds are getting interested.
Brings back memories of early 2000 with the .com boom and bust, this seems all too familiar with what took place then and that sure didn't end well.
I'm invested in stocks but keeping an active watch on what's going on. Bitcoin I'm staying out of though.
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There is a high risk here and especially so if a person holds on and on without closing here and there on the way up. The aim always must be to get as close as possible to cashing in the original amount invested, and as is often said, 'run the rest'. Try to avoid going back in again as heavy as at the first stage - as even with shares that's the way to lose out. Sometimes worth crashing the computer grabbing a coat and going for a very long walk with no device as a temptation.An almost vertical price rise, inexperienced traders jumping on the bandwagon (various assets not just Bitcoin) and now funds are getting interested.
Brings back memories of early 2000 with the .com boom and bust, this seems all too familiar with what took place then and that sure didn't end well.
I'm invested in stocks but keeping an active watch on what's going on. Bitcoin I'm staying out of though.
