• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Bitcoin Is Over $7,200!

Status
Not open for further replies.

Digger88

Elite Member
Joined
May 11, 2010
Professional Status
Certified Residential Appraiser
State
Virginia
WTH! just last year it was 1,000. thats crazy! made up currency backed by nothing and worth that much a piece is straight up crazy.
 

A K

Elite Member
Joined
Jul 31, 2013
Professional Status
Certified Residential Appraiser
State
Maryland
Probably going a lot higher.
 

DTB

Elite Member
Joined
Jun 11, 2004
Professional Status
Certified Residential Appraiser
State
Illinois
As long as there is a two sided market it will move. Right now it's a trading vehicle. Unfortunately for me, I didn't get it, still don't get it and watch from the outside.
 

A K

Elite Member
Joined
Jul 31, 2013
Professional Status
Certified Residential Appraiser
State
Maryland
They don't trade in whole bitcoins. You can buy $1 worth of Bitcoin.
 

DTB

Elite Member
Joined
Jun 11, 2004
Professional Status
Certified Residential Appraiser
State
Illinois
They don't trade in whole bitcoins. You can buy $1 worth of Bitcoin.

That much I do know, but it's the underlying that I don't understand along with the lack of regulations and the special place I need to trade them and get a wallet...

Pheww I need to take a rest and scalp some ES.

:huh:
 
  • Like
Reactions: A K

A K

Elite Member
Joined
Jul 31, 2013
Professional Status
Certified Residential Appraiser
State
Maryland
100,000,000 Satoshi = 1 bitcoin

If 1 Satoshi becomes 1 cent then Bitcoin = $1 million.
 

A K

Elite Member
Joined
Jul 31, 2013
Professional Status
Certified Residential Appraiser
State
Maryland
That much I do know, but it's the underlying that I don't understand along with the lack of regulations and the special place I need to trade them and get a wallet...

Pheww I need to take a rest and scalp some ES.

:huh:

Bitcoin futures by the end of the year.
 

timd354

Elite Member
Joined
Jan 11, 2008
Professional Status
Certified Residential Appraiser
State
Maryland
Probably going a lot higher.
Until it goes a lot lower. Bitcoin is a complete sham with no intrinsic value and is a complete bubble being manipulated by unseen entities. It may go higher and it may even go much higher and some people will make a ton of money, but eventually it is going to crash and crash hard and some people will still make a lot of money when that happens while many people will get crushed. I would hate to be holding a big long position when it all comes crashing down
 

A K

Elite Member
Joined
Jul 31, 2013
Professional Status
Certified Residential Appraiser
State
Maryland
Until it goes a lot lower. Bitcoin is a complete sham with no intrinsic value and is a complete bubble being manipulated by unseen entities. It may go higher and it may even go much higher and some people will make a ton of money, but eventually it is going to crash and crash hard and some people will still make a lot of money when that happens while many people will get crushed. I would hate to be holding a big long position when it all comes crashing down

That's certainly possible. It might play out that way or it might not. What I am observing is that it is continuing on a path to broader acceptance and legitimacy.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks