That’s my risk profile. Rather bust than lead a mediocre life.
明知山有虎，偏向虎山行
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Japan has a shortage of millennials. Are their senior citizens buying Bitcoin?
Still more millenials there than the entire populations of California and Texas combined.
I blame the Japanese for everything. They learned nothing from their lost decades. Nothing at all. Their inherent gambling mentality has found a new outlet with bitcoin after their stock market crashed and burned. They are leading the entire world into this over-leveraged fiasco of a financial meltdown begging to happen…
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Yeah, no bubble at all.
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I checked this security does not have options (long put), neither shorting possible ! 
This is not going to long last ! Cryptocrash brings down all sectors !
With the way it goes, looks like , as soon as Trump signs tax reform, there will be major fall in all securities, S&P, NasDaq and Dow across all sectors and will bring down the cryptomania !
That’s because it just went public. Options don’t trade until after 30 or 90 days. I can’t remeber which.
You think tax reform will be a sell on the news event? I think maybe short term. Once January hits then it’s earnings season. Companies will start giving revised 2018 EPS projections based on the new tax law. Also, we’ll see offshore cash coming back to fuel buy backs and dividends.
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This is more credible. OSTK valuation is not high.
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Be careful playing with OSTK. It will be volatile, may go up and down. Plenty of stocks with come like OSTK, LFIN etc, spike like dot.com growth next 12-18 months.
Oh my goodness.
If I guess, this is the way economy goes like dot.com two = cryptocoins
They founders are exactly making like this graph. Any one can change the company for crypto-currency work and ask for money, people will be pouring hard earned money finally to see their cash vanish is unknown crash !
With loss making OSTK, YTD growth is 338%, turning into bitcoin/blockchain technologies to swindle people money ! This will jump like bitcoin, but eventually fall.
HedgeFunds/Banks (unregulated further by Rep govt removing Dodd–Frank less than $50 bln) jump in with big options !
Meanwhile, yield spread is coming down when central bank adds rate hike,the 10 year or long term rate is not spiking (Flat) in line with rate hikes. With next 3 or 4 hikes, economy is bound to crash. Someone was also asking Yellen and she down played it in recent conference call.
Be prepared for crash,12 - 18 months ahead, stay away from speculate stocks, esp loss making stocks like SQ, SHOP etc
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Remind us when the time comes.
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Then some hackers some along and boom. You lose some of your money. I would expect this to become more of an issue as the market cap of crypto becomes higher. It becomes more worth the effort to hack.
These crypto exchanges aren’t regulated.
Bitcoin is down today but GBTC is back to yesterday’s price. It’s amazing.
Its float is small, only 1.4 million shares, about 10% of shares traded daily recently. With a 100% premium over Bitcoin price, and Mr Left can’t make it fall on a Bitcoin down day.
Maybe it’s because of this small float and the demand is exceeding the supply. GBTC is like Palo Alto home, it trades at a premium. 
GBTC is positive as long as booming, but they are very negative when falling as the premium to get GBTC is almost 30%-40% always.
Here is the negative discussion so that we are aware of what is going on.
Back below 18k. Anyone buying?
No need to ask. Nobody’s mentality has changed one bit.
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Everybody has a price. Maybe someone has set 17k as trigger? Worth asking. 
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You did?
Not yet.
I’ll discuss with everyone concerning my strike price for bitcoin, as well as other investment tips, in the forum gathering coming up… 
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