The usd staged a late day comeback yesterday when trump said the dollar will be getting stronger, man got some clout somewhere unfortunately it hurt gold a bit which was up on the dollar being down
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The usd staged a late day comeback yesterday when trump said the dollar will be getting stronger, man got some clout somewhere unfortunately it hurt gold a bit which was up on the dollar being down
Full transparency, the dollar is back down today but I think it's interesting trumps words could have an effect it even made front page of wsj
Hello fans, as you know, since I told you about Bitcoin it was at 5,000. Shortly after my first post here it shot up to a ATH of 20,000. It now stands, building a base at 11,000 but has breakouts and downswings. So, for those of you who took my suggestion you did well, congratulations.
Well, I'd like to briefly talk about etherium, another coin developed shortly after Bitcoin. https://www.worldcoinindex.com/coin/ethereum You will find it's price history and more in the provided link. I did also mention etherium a while back and it was at 400 usd. Well, since it hit an all time high of 1,400 and is currently bouncing around at 1,200. Remember, all these coins were fractions of a penny at one time. Right now I am hotter on etherium. It takes much less energy to make, is quicker, faster and the development team is shortly to release a new update to its platform that will make it cheaper and quicker to use as a currency. There is talk of corporations getting involved and excepting etherium as currency. Mind you, it's possibly this new code will be buggy or, and this would be the killer, proves to be unsafe and gets hacked. If things go as planned etherium could pass the market cap of Bitcoin. I could see this coin being at 3,000 to 5,000 (for one coin which, the lowest piece you can own being .00000001 and all numbers up to 1 whole coin) mind you this is highly speculative but if you start learning about crypto and the blockchain you may come to see the reason it may be wise to even own .1 or .4 or whatever of a coin. This is the people's currency gentleman, cut out the federal reserve and the big banks. For those of you living in third world countries like England it just might increase your fortune to where you can make it across the pond home of trump, the place where the Beatles made good and too many other great things to mention, the United States of America. Ps there are those who say eth could go to 100,000 or higher but I have a hard time believing that
#etherealfairycurrency
#haveyouspentitinagaybar
#moneymoneymoneyclosetabbafanwithtusksbutsmellsoff ish
#beanzoncescoldedmeforthehashtagQuote:
Originally Posted by Beanz
#beanzhasjoinedme
#beanzlivesinashithole
#howfuckingdareyou
So Bitcoin now looks like it'll soon hit 12,000. Quite amazing, etherium dropped a bit down to eight hundred. In February btc had a crash and dropped to 6,000 so a lot of people make money trading in these dips and recoveries. Gentleman it's risky but it is possible some of these crypto currencies will become something everyone wants or needs in the future. Don't forget 7 years ago a five dollar investment in Bitcoin is worth over one million dollars today. We need to use this as the people's currency, cut out the federal reserve and take our power back, that is why Bitcoin was developed.
Bit of a crypto crash. US judge ruled btc can be regulated as a commodity, also, an exchange called binance which holds 1.7 billion dollars in people's crypto had a suspected hack.
Dunno Walrus. Just looks too risky for me and I don't buy drugs.
@Gandalf yes it's risky, in wouldn't put too much into it. Unfortunatley it is now being traded like a commodity but I tell you miles you need to look at its intention. A peer to peer currency cutting out the central banks. If u look into it I think you will gain appreciation for its tech, intention and possibilities. These get rich quick people are missing out on the beauty
It's a bull market for NASDAQ!
http://www.youtube.com/watch?v=lgTDyxqdQO0
I'll tell you my strategy for crashes. Have a coffee.
Hey found a little info for you guys in England looking into btc and other crypto
https://www.google.com/amp/s/amp.the...est-in-bitcoin
#Plopcoin @Plopeater "it's the shit"
https://www.dailysignal.com/2018/04/...FFdnMifQ%3D%3D
I don't know if this shit is a concern in England but damn in the us it's all screwed up. With the hacking of the credit bureau it really screwed people. I've read about people bank and brokerage accounts being emptied. People couldn't pay rent, mortgage, car payments etc. I don't know how you resolve an issue like this. A lot of these hacks are done through smart phones. When they hack your credit rating they find your cell phone carrier and enter your account with that two factor authentication. This shit is scary, everything you have worked for for years is taken by these bastards in seconds
We are protected up to I think £75,000
walrus was so optimistic about the bitcoin stuff, now just ****crickets****
Bill Baruch, a cryptocurrency bull who foresaw both bitcoin’s recent slump and ensuing rally, has set a near-term bitcoin price target of $11,500 to $11,800.
Baruch, the president of Blue Line Futures, has a pretty good track record for bitcoin price predictions. In February 2018, when BTC plunged to $7,200 during the market correction, Baruch confidently forecast that bitcoin would return to $10,000.
And that’s exactly what happened. In March 2018, bitcoin’s price cleared a high of $12,971, and averaged about $10,500.
Damn since @Beanz mentioned buying crypto some of them have doubled, my favorite Ethereum went from 300 to now coming in at 800. This stuff is up and down but beanz is the magic man. Beanz, once a month I need you to mention purchasing crypto, thank u
Crypto was having a nice run then a top exchange in South Korea was raided by the government and slowed the roll
Warren buffet bought 72 million shares of apple
Very odd, according to what I’m reading bitcoin is now the worlds sixth largest currency. In 2016 analyst predicted btc would be number six in 2030. If this is true it is quite phenominal considering you couldn’t give them away when they first came out. Actually it is quite staggering. I will post sources not that anyone here seems interested right now but I want to verify through more people in the know
Sorry @Master I meant to comment on this. Yes we have FDIC in the US which insures bank deposits up to 100,000 usd. It’s meant to prevent run on banks etc in economic turmoil. I have no idea if it covers hacks or theft or just the banks goin under, something I need to look into.Quote:
Originally Posted by Master
https://www.investopedia.com/ask/ans...tity-theft.asp
Nope doesn’t cover theft and they moved it up to 250,000 coverage apparently
Yeah as far as I can tell this is true. Btc has more value than the English pound and Russian ruble and all the countries below them. Very strange but it was predicted. When I got into it those numbers didn’t even cross my mind. Etherium, which is the crypto that interests me most is on top of a few as well. Bitcoin is a bit slow and clunky, due to its decentralization it is difficult to update and make it quicker and scalable. Many thought newer coins would over take it and that may still happen but at the rate it won’t be anytime soon. I really think it is wise for everyone to have bitcoin, although it is 7 or 8 thousand now (I think I don’t look at everyday) you could just get 50 bucks or less but the fees would eat into might make more sense to get a 100 bucks worth or so. Just see what happens, it could be something that is handy to have. Just my thoughts and it’s not financial advice
Also, if everyone could get it at once it would really bump the price up and I would appreciate it. Maybe we can get another 1,000% return this year again
Apple market cap at 940 billion. If things continue as they are Apple will be the first 1 trillion dollar company. One in seven people in the world own an iPhone. Probably one of the most revolutionary products made in recent times. Frickin one trillion dollars, amazing. I always thought it would be google first to one trillion
Apple is a fad. It will blow up and people will move on to the nokia soon.
A fad, dude look at all the advice I gave you that was solid. Had you acted on it you could have had some ten bob notes or whatever u call them. Sometimes I think u might be trolling me.Quote:
Originally Posted by Master
Going to be interesting to see WHY (because you KNOW there's a WHY) Facebook is in a stock market free fall.....hmmm what could it be?
Wow down 40 bucks. They missed a lot of numbers yesterday. I’d say buy if it hits 160.Quote:
Originally Posted by El Kabong
Earnings per share: $1.74 vs. $1.72 per a Thomson Reuters consensus estimate
Revenue: $13.23 billion vs. $13.36 billion per a Thomson Reuters consensus estimate
Global daily active users (DAUs): 1.47 billion vs. 1.49 billion, according to a StreetAccount and FactSet estimate
Facebook missed projections on revenue and global daily active users this quarter after struggling with data leaks and fake news scandals.
The company reported its second-quarter earnings after the bell on Wednesday.
Bloomberg:
Mark Zuckerberg is counting the cost of user disenchantment with Facebook Inc.
His fortune tumbled by $16.8 billion in late trading Wednesday, as shares of the social media giant slid 20 percent at 5:37 p.m. in New York on disappointing results. If that holds through Thursday’s close, he will slide to sixth place from third on the Bloomberg Billionaires Index. It would also wipe his $13.7 billion of gains for the year, leaving him with just less than $70 billion.
I’m no Facebook fan and I don’t have the stock or use it but regardless they still have over two billion users. They also have other parts of the business they have yet to monetize and set up a social media consulting firm in China. Unfortunately I don’t see Facebook going away, it wouldn’t bother me, in fact i would be well pleased if it did
Ya Facebook down almost twenty percent. I don’t know what it’s P/E was before this dump. Sometimes drops like this set of automated selling and it just feeds itself. Let’s see what happens, maybe it’ll continue for a few days or bargain guys will swoop in at the end giving it a pump
Now it’s twatters turn down almost 20%
Disposable personal income increased $167.5 billion, or 4.5%, in the second quarter, compared with an increase of $256.7 billion, or 7.0%, in the first quarter. Real disposable personal income increased 2.6%, compared with an increase of 4.4%
mere crumbs I say!
I’m curious to see what tech does at the opening bell. Could be profit taking time. They lead the rally so long people may feel they are overvalued
*****twitface die now******
Shares of Apple climbed Thursday to hit the magic number of $207.05, making it the first US company to reach a market value of $1 trillion.
The latest surge came after Apple's second-quarter results topped Wall Street's expectations and sent the stock climbing.
Follow Apple's stock price in real time here.
CrumbsQuote:
Originally Posted by walrus