Join John Adams, world renowned Intl Matchmaker, Monday nights 8:30 EST for Live Webcasts!
And check out Five Reasons why you should attend a FREE AFA Seminar! See locations and dates here.



View Active Topics       View Your Posts       Latest 100 Topics       FAQ Topics       Mobile Friendly Theme


Crypto Currencies Exploding Higher

Discuss issues related to business, finance, taxes, investments, cost of living in different countries, etc.

Moderators: jamesbond, fschmidt

OutWest
Veteran Poster
Posts: 2365
Joined: March 19th, 2011, 8:09 am
Location: Asia/USA

Re: Crypto Currencies Exploding Higher

Post by OutWest » December 7th, 2017, 5:31 pm

publicduende wrote:
December 7th, 2017, 3:10 pm
Cornfed wrote:
December 7th, 2017, 2:31 am
Is there a way to place put options on bitcoin?
There will be Bitcoin futures soon but, with this kind of volatily, how much margining will exchanges ask for and how much margining will players want to put up with?
That is a good point. Contrary to what many might think, speculative structures like a futures market tend to
Reduce volatility, at least in widely traded issues.




Check out our Dating Sites and International Romance Tours!



User avatar
publicduende
Elite Upper Class Poster
Posts: 3206
Joined: November 30th, 2011, 6:20 pm

Re: Crypto Currencies Exploding Higher

Post by publicduende » December 7th, 2017, 8:22 pm

OutWest wrote:
December 7th, 2017, 5:31 pm
publicduende wrote:
December 7th, 2017, 3:10 pm
Cornfed wrote:
December 7th, 2017, 2:31 am
Is there a way to place put options on bitcoin?
There will be Bitcoin futures soon but, with this kind of volatily, how much margining will exchanges ask for and how much margining will players want to put up with?
That is a good point. Contrary to what many might think, speculative structures like a futures market tend to
Reduce volatility, at least in widely traded issues.
Future markets are usually a hedge against volatility, but how good these instruments can be for the foaming crazy horse that is BTC, it remains to be seen. Case in point, Bitcoin had a ridiculous 30% hike in the space of a few hours tonight. The only instruments that can tame such craziness are exotic options: barriers, binaries etc.

The moment CME and other mainstream exchanges will start trading BTC futures, people will start to realise what mess they are sticking their hands in.

Taco
Elite Upper Class Poster
Posts: 4621
Joined: July 9th, 2011, 5:30 pm

Re: Crypto Currencies Exploding Higher

Post by Taco » December 9th, 2017, 10:36 pm

“Every time a President leaves the White House after two terms, there is a recession within the next year"

Taco
Elite Upper Class Poster
Posts: 4621
Joined: July 9th, 2011, 5:30 pm

Re: Crypto Currencies Exploding Higher

Post by Taco » December 13th, 2017, 2:36 am

Bitcoin hits another record high in march towards $20,000
https://www.reuters.com/article/uk-mark ... SKBN1E60PE

It's Official: Bitcoin Surpasses "Tulip Mania", Is Now The Biggest Bubble In World History
http://www.zerohedge.com/news/2017-12-1 ... ld-history
“Every time a President leaves the White House after two terms, there is a recession within the next year"

The_Penguin
Freshman Poster
Posts: 18
Joined: November 13th, 2017, 9:45 pm
Location: Republic of Bosnia and Herzegovina

Re: Crypto Currencies Exploding Higher

Post by The_Penguin » December 15th, 2017, 4:26 am

Cryptocurrencies probably won't be going away anytime soon unless North Korea launches an EMP attack that erases all the server and computer data in North America. I almost bought 100 bitcoin when it was at $15 a bitcoin but I figured it wouldn't go anywhere. There was only really bitcoin at the time and a few other competitors close to a penny which are also expensive. I really hope an EMP attack so people really start avoiding cryptocurrency again and return to gold and silver that are real assets. I would honestly be a millionaire today if I had bought the crypto currencies.

User avatar
Cornfed
Elite Upper Class Poster
Posts: 6205
Joined: August 17th, 2012, 5:22 am

Re: Crypto Currencies Exploding Higher

Post by Cornfed » December 15th, 2017, 7:55 am

One of the benefits of the bitcoin rally is that alt-right people and others who aren’t lackeys of the ZOG can receive payments in bitcoin after their Patreon and other accounts were cancelled by the forces of evil, and therefore received much more money than they otherwise would have. God is on the side of the alt-right.

Taco
Elite Upper Class Poster
Posts: 4621
Joined: July 9th, 2011, 5:30 pm

Re: Crypto Currencies Exploding Higher

Post by Taco » December 16th, 2017, 3:33 am

The chart pattern on Bitcoin has all the hallmarks of a final, terminal, blowoff that will be followed by a catastrophic wipeout and probably soon, and when that happens you don’t want to be anywhere near it.

Image
“Every time a President leaves the White House after two terms, there is a recession within the next year"

fschmidt
Veteran Poster
Posts: 2461
Joined: May 18th, 2008, 9:16 am
Location: El Paso, TX
Contact:

Re: Crypto Currencies Exploding Higher

Post by fschmidt » December 16th, 2017, 6:48 am

Taco wrote:
December 16th, 2017, 3:33 am
will be followed by a catastrophic wipeout and probably soon
Not soon. Human stupidity has reached a new high, which means bubbles can reach a new high. Bitcoin will continue to go higher until the world runs out of suckers, and that may take a while.
Support morality, support Islam.

Taco
Elite Upper Class Poster
Posts: 4621
Joined: July 9th, 2011, 5:30 pm

Re: Crypto Currencies Exploding Higher

Post by Taco » December 16th, 2017, 11:09 am

How can you lose?

Bitcoin Hits New Record High
https://www.reuters.com/article/us-glob ... SKBN1E919T
“Every time a President leaves the White House after two terms, there is a recession within the next year"

Taco
Elite Upper Class Poster
Posts: 4621
Joined: July 9th, 2011, 5:30 pm

Re: Crypto Currencies Exploding Higher

Post by Taco » January 3rd, 2018, 10:33 pm

Image
“Every time a President leaves the White House after two terms, there is a recession within the next year"

DanielLee5
Freshman Poster
Posts: 32
Joined: May 13th, 2016, 6:45 am

Re: Crypto Currencies Exploding Higher

Post by DanielLee5 » February 19th, 2018, 3:43 pm

I must confess I don't understand a thing when it comes to cryptocurrencies, I even don't get the principle of their value and function. So many talks around Bitcoin and I can't even support a conversation lol. Trying to read basic info about this phenomenon at https://cryptomarketwire.com/ , just for self education. The hype around this currency keeps on growing, I heard even UK bank is already talking about coins' legalization, it is rather serious breakthrough, I guess.

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Business, Finance, Taxes, Investments, Cost of Living, etc.”