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Bitcoin Is Over $7,200!

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Non Sequitur said:
ETH and ETH based coins are more of my game. During the Jan highs I cashed out enough alt coins to cover my initial investment and a decent profit. Bought more ETH through Feb-March, down 60% but still haven’t lost a cent because I had roughly 7,000 TRST that I didn’t cash out. TRST is down from a high of $1.40 to $0.15 but still enough value to keep my small portfolio at the break even point against the ETH I bought. ETH and ETH based coins are down because a bunch of the ETH based ICOs that hit early to mid last year are cashing out their ETH, and likely going down further if the dumps continue. I’ll wait a little while longer but plan on investing in a few interesting projects. The potentials for 100+ gains are still there. Crypto isn’t going anywhere, we’re still in the early stages.
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"ETH coins" .... I like ZIL and BNB. If you look at their charts, they are holding up through this downturn.
 
Has the price of bitcoin ever been less than cost to mine before?
 
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WSJ 4/12/18:

"Bitcoin’s nearly four-month bear market has coincided with slowing growth in the number of people opening new wallets online to store their cryptocurrencies, according to Blockchain.info. That isn’t a positive indicator for cryptocurrency prices, said Nicholas Colas, a veteran analyst and co-founder of DataTrek Research , a new research firm that analyzes financial markets, including cryptocurrencies.

“The bottom line is that bitcoin is no different from any other emerging technology,” he said in a recent note. “It requires incremental adoption from new users in order to grow in value.” And the typical mainstream investor like Mr. Beene, who works in the Tennessee Department of Labor and Workforce Development, remains skeptical. Even though he sold out at a profit, he said he believes cryptocurrencies “got too hot too quickly” and he has no plans to return to the market anytime soon.

“Six months ago, crypto was billed as the investment of the century,” he said. “Now it’s become a fading trade that can’t live up to its lofty reputation.”
 
upload_2018-4-22_14-24-4.png

Bitcoin is holding above the line for now.
 
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But back in 2014 it did this.
 
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Can you name one of the worst investments this year? Here's the chart:

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