Cryptocurrency

[SunnyInHades]

Bitcoin could be the new gold, says JP Morgan*

5 December 2017
"Bitcoin could be the new gold, says JP Morgan"
"JPMorgan Changes Stance: Bitcoin Could Become the New Gold"

[Jog On]

MER is teaching me some patience - extended corrective move is slugging around support but the previous upmove trendline is broken now. Think I'll hodl for another impulsive move or break of support. It's at classic buy the dip area right now.

[Spoiler]

Coming to Revolut users this Thursday:
- Buy, sell, and hold three cryptocurrencies: bitcoin, litecoin, and ethereum.
- Instantly exchange Revolut's 25 fiat currencies into crypto and back

Limitations:
- No external loads in crypto
- No external transfers in crypto

[BrilloPad]

5 December 2017
"Bitcoin could be the new gold, says JP Morgan"
"JPMorgan Changes Stance: Bitcoin Could Become the New Gold"

So a bit like Citibank CEO just before credit crash. "While the music is playing you have to get up and dance".

[scooterscot]

Given the huge bitcoin cash buy in volume I wonder if it has something to do with Bitstamp opening trading at 11:30 tomorrow - perhaps there'll be a panic sell.. who knows - well someone does.

[mattfx]

Zen appears to have made a healthy little jump up in value over the last couple of days!? Is it just going to keep on gradually climbing now?

[AtW]

BitCoin - New Fools Gold.

[mattfx]

BitCoin - New Fools Gold.

My mother always used to say that if you have nothing of value to contribute keep your mouth shut. Words to live by; your posts in this thread are so irritating to scroll past.

[Jog On]

Another journalist who by his own admission doesnt understand bitcoin

If you ask me to stand on one leg and quickly describe what bitcoin is, I’d fall down.

Like the vast majority of people, I really don’t understand this emerging, digital alternative to cold, hard cash

Yet is clearly infirmed enough to warn people to stay away

One columnist's deep dive into the baffling bitcoin world - Chicago Tribune

Looks a bit familisr...

[scooterscot]

Zen appears to have made a healthy little jump up in value over the last couple of days!? Is it just going to keep on gradually climbing now?

If we see higher lows, then yes, expect to see some nice gains. The first two weeks of December have a lot of expectation. If that expectation fails to deliver the price will take a dip and then some. But the long term remains solid.