Bitcoin Is Over $7,200!

[DTB]

My plan is created a digital currency, sell it to the public, and cash out huge. Sound familiar?

I notice there is never any talk about the constitution. Sad indeed.

How many bitcoins exist? 21 million?

Currently 16.7M bitcoins exist. Mathematically the max is 21M

 

[djd09]

So less then 6% of the American population can own one bitcoin. How could that idea be flawed.

And from what i read bitcoins can be lost. So it is possible all the bitcoins are lost and there will be no bitcoins. My head is spinning.

 

[DTB]

So less then 6% of the American population can own one bitcoin. How could that idea be flawed.

And from what i read bitcoins can be lost. So it is possible all the bitcoins are lost and there will be no bitcoins. My head is spinning.

What percentage of Americans can afford one Bitcoin?

One can own fractional bitcoin.

 

[Joe Flacco]

Less than 1% of the world can own a whole bitcoin. Don't be the guy that does not have one bitcoin!

 

[Joe Flacco]

I am still waiting for a big pull back to buy more Bitcoin. Think pullback to $12,000 still possible.

 

[Big ole Boy]

I am still waiting for a big pull back to buy more Bitcoin. Think pullback to $12,000 still possible.

I have been watching "Parabolic Trav" over on utube. Looks like things could go straight up also ... like to 38K.

 

[Joe Flacco]

I have been watching "Parabolic Trav" over on utube. Looks like things could go straight up also ... like to 38K.

It could. I think the market is going to cause a lot of these new buyers pain. Many will get shaken out with losses.

 

[Joe Flacco]

It could go up some more and then pull back after that. Either way I think some time next year it can be bought for lower than the $19,000 today.

 

[Big ole Boy]

It could go up some more and then pull back after that. Either way I think some time next year it can be bought for lower than the $19,000 today.

Yes, Im glad I am not buying. I like what Parabolic Trav is saying about adoption. Now, people all over the world are jumping in .... now people can buy into futures without dealing with blockchain at all.

I have never seen this market so full of confidence. The more I hold the less I am chasing the market. Its easy right now to trade when everything is going in one direction, but when things start going sideways and the FUD starts to fly .... this is when the pro traders suck the marrow out of the fresh fish. I hope I can do better with that this time around.

 

[Joe Flacco]

Yup. Market is going to shake out a lot of the "fresh fish". Probably ends next year higher than today but not without dishing out some pain first.