With a 50K daily limit, someone only needs 20 days to build up a 1M position in bitcoin. 
Go for it… 
Well, no excuses now. I don’t have an account there.
But it’s for professional traders who trade 100k pee month
Once he said you were an excellent citizen, you knew he was lying. right?
I had an interesting conversation with a guy familiar with this type of well…not scam, but sort of. What he says is that behind all of this, powers to be, are pulling the strings and once they feel they secured their earnings, they will pull the plug and everybody will be holding the cat on their hands.
Also, I was listening through the crack on the door, these guys, some of them handling $1M a month in investments, that China has something going on that I couldn’t hear very well. Something about $80 trillion scam or Bitcoin, whatever. They say, that’s going to explode/crash this next year bringing the world economy, specially China to a halt.
Oh, there’s a new “currency” in the making in the US. We will hear from it next year. So, those hiding their stash of money under the mattress, or narcos and crooks everywhere will be in trouble. That’s what I understood.
Seems that selling is mostly bad. GBTC is now over 2600 and my skittish sale yesterday was a mistake now. Let’s see if I can buy back at a more reasonable price. Never argue with the market.
You really shouldn’t take financial advice from homeless people huddled around a dumpster fire.
He was right, I’m a good citizen but not good enough to merit $9k free money from the government… 
Not smart enough to buy at 19k. Wake me up when it hits 30. 
Why 30? 20 is also a nice round number…
Because I won’t be smart enough to buy at 20 either.
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OMG ! How Much I missed !!
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Still can get in. manch and wuqijun are not in yet.
Mixed feeling on breaking 19k today. I sold half GBTC on Thursday, bought back some on Friday at higher price, have a limit order to buy at a lower price. Now that limit order might be useless.
Still it did not break 20k this week. I feel that futures has reduced volatility, hope it does not affect the long term rate of appreciation.
Chart looks good though. 19k is a buying opportunity since it has decent support below. Congestion between 16k and 18k, that should serve as support.
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When bitcoin hits $1M, BAGB is going to laugh at everybody here.
BAGB,
Did you throw in 10% of your net worth?
No doubt. I am just not sure which will hit first. 1k or 1m?
Remember what soros said. It’s not about how often you are right. It’s how much you make when you are right. Believers need to bet big to make it meaningful.
Don’t understand what he means. So long expected value is positive is good strategy.
It will never hit 1M. High likelihood of hitting 1k next year…
My guess is that no Btc crash for at least a year.
I did not put 10% into cryptos, but I hope that my cryptos will grow and become 10%. So far only Ltc is growing rapidly, Btc is slow and steady. Btc is like appl in crypto world. I don’t invest much in stocks, hope the cryptos will compensate for this.
It might be a speculation, but I feel that this speculation has a long cycle. It’s been tested for over 5 years so it might be a little more than the tulips.