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Old November 29, 2017, 21:04   #51
Black Blade
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Getting a bit toppy now. Sold some BTC and BCC and put proceeds into cash account. Today I bought units of MV Oil Trust and AmeriGas Partners LP for additional income.

Still have BTC, ETH and LTC now and have a distribution of BTG coming early in December which I will cash out and reinvest into physical American Silver Eagles.
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Old November 30, 2017, 07:24   #52
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Getting a bit toppy now. Sold some BTC and BCC and put proceeds into cash account. Today I bought units of MV Oil Trust and AmeriGas Partners LP for additional income.

Still have BTC, ETH and LTC now and have a distribution of BTG coming early in December which I will cash out and reinvest into physical American Silver Eagles.
Your benevolent Uncle Sam prolly wants his cut of the 'profits'.
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Old November 30, 2017, 08:25   #53
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Haven't actually sold the BTG and BCC yet as the distribution for the BTG goes into my account on Dec. 4th and the BCC in January. Just as well, because the IRS is on the prowl now and just got the court to okay going through records at Coinbase. Seems only about 800+ people paid taxes on their crypto gains from 2013 to 2015 but the search at Coinbase covers only around 14000 accounts.

http://fortune.com/2017/11/29/irs-coinbase/

This is why you transact buy and sell through TOR or VPN and put into a cold wallet after using a shaker (not shape-shifter) and then moving the cleaned cryptos into a hard wallet like a Trezor or Ledger device. Still tough to hide from the ever increasing power of government super computers at the IRS and NSA. Even so, the draw on resources needed will probably mean that tracking will be confined to major players transacting cryptos where it is cost effective.
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Old December 01, 2017, 07:56   #54
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Haven't actually sold the BTG and BCC yet as the distribution for the BTG goes into my account on Dec. 4th and the BCC in January. Just as well, because the IRS is on the prowl now and just got the court to okay going through records at Coinbase. Seems only about 800+ people paid taxes on their crypto gains from 2013 to 2015 but the search at Coinbase covers only around 14000 accounts.

http://fortune.com/2017/11/29/irs-coinbase/

This is why you transact buy and sell through TOR or VPN and put into a cold wallet after using a shaker (not shape-shifter) and then moving the cleaned cryptos into a hard wallet like a Trezor or Ledger device. Still tough to hide from the ever increasing power of government super computers at the IRS and NSA. Even so, the draw on resources needed will probably mean that tracking will be confined to major players transacting cryptos where it is cost effective.
And then, of course I'm sure you meant to say, you claim the gain and give your uncle his vig, because you always live within the Law of the Land. Right?
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Old December 01, 2017, 08:09   #55
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This just in

CME and CBOE will be allowed to list Bitcoin 'futures'.

Are you a buyer or a seller????
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Old December 01, 2017, 09:03   #56
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And then, of course I'm sure you meant to say, you claim the gain and give your uncle his vig, because you always live within the Law of the Land. Right?
Ohhhh .... but of course

I think we all knew that the Feral government would be ready to pounce as soon as they sniffed any money being made. Kind of hard now that they let slip that the Federal Reserve was "watching" cryptos ...

We are on the RADAR now.

http://www.telegraph.co.uk/technolog...ety-financial/
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Old December 05, 2017, 23:15   #57
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BITCOIN SMASHES THROUGH $12,220



BTC = $12,220
ETH = $460
LTC = $103
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Old December 06, 2017, 18:05   #58
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Meanwhile ... Bitcoin soars through $14,100 and rising ...

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Old December 06, 2017, 19:56   #59
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Meanwhile ... Bitcoin soars through $14,100 and rising ...

In general buying during a runup like this is a bad idea. Gold, silver & tulips come to mind. Much better for those so inclined to gather quietly and deliberately than to become bedazzled by the trend of the day. Personally I like the idea of bitcoin and honestly it may not even be near the peak atm. But I wouldn't go near it in the midst of all this emotion no matter what, to a cranky old contrarian like myself all the hype is just a massive warning to stay as far away from this stuff as I possibly can.

Said it before and will say again, when something finally does replace FRNs it's gonna be bitcoin or something very much like it. But you can be sure that whatever it is and whenever it happens the usual suspects are gonna have their hands all over it as they have had for centuries. And they ain't gonna let go peacefully.
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Old December 06, 2017, 20:24   #60
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And up again .... $14,300 ...

That's a 20% increase in the last 24 hours.

Meanwhile, Ethereum and Litecoin have cooled off slightly ...
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Old December 06, 2017, 20:33   #61
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In general buying during a runup like this is a bad idea. Gold, silver & tulips come to mind. Much better for those so inclined to gather quietly and deliberately than to become bedazzled by the trend of the day. Personally I like the idea of bitcoin and honestly it may not even be near the peak atm. But I wouldn't go near it in the midst of all this emotion no matter what, to a cranky old contrarian like myself all the hype is just a massive warning to stay as far away from this stuff as I possibly can.

Said it before and will say again, when something finally does replace FRNs it's gonna be bitcoin or something very much like it. But you can be sure that whatever it is and whenever it happens the usual suspects are gonna have their hands all over it as they have had for centuries. And they ain't gonna let go peacefully.
The 'distributed ledger technology' is reportedly very interesting to those people you refer to.
Bitcoin will not replace the dollar. I have read that it will have a finite distribution and therefore does not have the scalability to replace the dollar as currency, but something using the DLT will be used if(when) they go to a cashless economy.
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Old December 06, 2017, 21:05   #62
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The 'distributed ledger technology' is reportedly very interesting to those people you refer to.
Bitcoin will not replace the dollar. I have read that it will have a finite distribution and therefore does not have the scalability to replace the dollar as currency, but something using the DLT will be used if(when) they go to a cashless economy.
When the US Dollar goes digital it will be tightly controlled. Government can then track or even steal you money for any reason at that point with a few keystrokes. Either punishment or to restrict ability to conduct business or survive. That is why anonymous Cryptos will be around. They offer privacy and are convertible in all currencies and as a vehicle for trade. Need to bail and go on the lam? Grab your Trezor or Ledger and book it to the airport or where ever. If online in "cold" storage you can retrieve funds later since the "key" is in your head.

There will always be a competitor to national currencies much like silver and gold which the US Government made illegal (gold) for a few years but always retained value. They will try to make Cryptos illegal or try to control them eventually but then as its global and online they have about as much chance of that as they do controlling online gambling or porn.
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Old December 07, 2017, 05:18   #63
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And there it is ...

$15,100 ....



And still rising ...
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Old December 07, 2017, 06:06   #64
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Jeeeesssssuuuussssss .....

Now $16,000 and rising!!!

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Old December 07, 2017, 09:39   #65
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Isn't this was called,"volatility"? I don't know whats worse,the bitcoin,or the dollar its pegged against.
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Old December 10, 2017, 21:19   #66
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CBOE Website Crashes As Bitcoin Futures Trading Begins

The CBOEs website crashed within minutes of the CBOE open on Sunday which also marked the launch of the first bitcoin futures to trade on a major exchange while the price of a bitcoin spiked 10% in five minutes as the new contract with the ticker XBT fluctuated wildly.

The embarrassing crash happened as the entire financial world was closely watching the first attempts at institutionalization of bitcoin:

READ MORE: http://www.zerohedge.com/news/2017-1...ezed-10-higher
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Old December 10, 2017, 21:31   #67
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All You Need To Know About Todays Bitcoin Futures Contract

CBOE Global Markets Inc and CME Group Inc will launch futures contracts on bitcoin on Dec. 10 and Dec. 17 respectively. Here are some of the differences between the products to be offered by the exchange operators.

CONTRACT UNIT

Quote:
The Cboe Bitcoin Futures Contract will use the ticker XBT and will equal one bitcoin.
The CME Bitcoin Futures Contract will use the ticker BTC and will equal five bitcoins.
PRICING AND SETTLEMENT

Quote:
Both Cboes and CMEs bitcoin futures contracts will be settled in U.S. dollars, allowing exposure to the bitcoin without actually having to hold any of the cryptocurrency.
Cboes contract will be priced off of a single auction at 4 p.m. Eastern time (2100 GMT) on the final settlement date on the Gemini cryptocurrency exchange.
CMEs contract will be priced off of the CME Bitcoin Reference Rate, an index that references pricing data from cryptocurrency exchanges, currently made up of Bitstamp, GDAX, itBit and Kraken.
READ MORE: http://www.zerohedge.com/news/2017-1...tures-contract
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Old December 11, 2017, 21:11   #68
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I'm starting to wonder if this isn't the whole idea.
Inflate it to the sky,let it fall at just the right time,then short it.


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Old Today, 03:19   #69
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Bitcoin values are skyrocketing, and North Korea appears to be trying to profit from that virtual gold rush. Secureworks reports that the Lazarus Group (a team linked to the North Korean government) has been conducting a spearphishing campaign against cryptocurrency industry workers in a bid to steal bitcoin. The attacks have tried to trick workers into compromising their computers by including a seemingly innocuous Word file that claims they need to enable editing to see the document. If they fell prey, it installed a rogue macro that quietly loaded a PC-hijacking trojan while staffers were busy looking at the bogus document.
Attempts have been taking place as recently as November, but Secureworks' analysts saw activity as early as 2016. The organization adds that the campaign is likely still going, and that this is a preliminary report. You may get a better sense of the scope in the future.
https://finance.yahoo.com/news/north...233700627.html
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