Bitcoin

#233
#233
I still don't know what it is, nor how to 'buy' it. SWIL is obviously switched on to it, and good for him, but I have no more idea about this stuff than I do the inner workings of those things called banks.
 
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#235
#235
lawgator1 said:
As I have said, I am waiting for the inverse ETF to show up.
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Since this stuff is 'secure' and only exists in peoples' 'wallets', aren't ETFs that trade on it similar to CDSs in that you don't actually have any vested interest in the stuff, but are playing the movement of it?

SWIL is doing well with it (apparently) but I will bet far more people are going to be jumping out of windows at some point.

I'll stick to trading AAPL and AMZN.
 
#236
#236
SpaceCoastVol said:
Since this stuff is 'secure' and only exists in peoples' 'wallets', aren't ETFs that trade on it similar to CDSs in that you don't actually have any vested interest in the stuff, but are playing the movement of it?

SWIL is doing well with it (apparently) but I will bet far more people are going to be jumping out of windows at some point.

I'll stick to trading AAPL and AMZN.
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Well, I invest in silver via SLV, an ETF which physically holds or has rights to I believe $4 billion of it.

If it's an x times ETF, I would assume they have contracts to buy/sell.
 
#237
#237
lawgator1 said:
Well, I invest in silver via SLV, an ETF which physically holds or has rights to I believe $4 billion of it.

If it's an x times ETF, I would assume they have contracts to buy/sell.
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Bitcoin has no ties to anything physical however. I really don't know. I am just axing the question. I have been trying to find information on what the hell a blockchain is, and how it is 'secure' and I can only find a bunch of mumbo jumbo that 'guarantees' it is secure. That right there is enough to keep me away from it.

Like you though, I am looking forward to the short ETFs. GOnna be fun to watch.
 
#240
#240
[twitter]https://twitter.com/zerohedge/status/948629984561778688]Twitter[/twitter]
 
#245
#245
Thoughts on Ripple? I bought a couple hundred about a month ago for .45 each and it surged to over $3, but CoinBase said they weren't adding it which caused the price to crash a bit. I'm probably going to buy more tonight when the price drops a bit more, and take a wait and see approach.
 
#246
#246
appyvol said:
Thoughts on Ripple? I bought a couple hundred about a month ago for .45 each and it surged to over $3, but CoinBase said they weren't adding it which caused the price to crash a bit. I'm probably going to buy more tonight when the price drops a bit more, and take a wait and see approach.
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Where do you buy It? I want some but am on coinbase and can't get it, as you said.

Tried registering on Bitstamp and Kraken this week but both seem backlogged from here to eternity.
 
#247
#247
allvol123 said:
Where do you buy It? I want some but am on coinbase and can't get it, as you said.

Tried registering on Bitstamp and Kraken this week but both seem backlogged from here to eternity.
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I use gatehub. I send Bitcoin from Coinbase to GateHub. I'm banking on Coinbase adding eventually. If/When they do, the price is going to skyrocket.
 
#248
#248
Also, GateHub's interface is quite confusing until you get the hang of it. You have to enable permissions before you send any crypto to it, and their fees are steep. But it is the only exchange I had success with as far as buying XRP.
 
#250
#250
The trillionaire Rothschild investment purchased Bitcoin stake a few months back. Nothing to lose, but they don’t lose.
 
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