Author Topic: Bitcoins  (Read 43926 times)

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #75 on: February 05, 2018, 11:47:40 am »
BTC/ZAR 102,353
ETH/ZAR 11,107
jaDEB

If it scares you, it's a sign you need to do it

andre

  • Jr. Member
  • **
  • Posts: 52
  • Karma: +7/-0
    • View Profile
Re: Bitcoins
« Reply #76 on: February 06, 2018, 02:13:29 pm »
The carnage continues  >:(

BTC/ZAR 82,000
ETH/ZAR 7953,00

 I bet there's a lot of blood on the streets by now

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #77 on: February 07, 2018, 12:55:59 pm »
BTC/ZAR 107,059
ETH/ZAR 10,858

jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #78 on: February 14, 2018, 05:46:26 pm »
BTC/ZAR 113,880
ETH/ZAR 11,018
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #79 on: February 19, 2018, 08:06:54 am »
BTC/ZAR 130,255
ETH/ZAR 11,299
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #80 on: February 27, 2018, 12:26:59 pm »
BTC/ZAR 127,665
ETH/ZAR 10,574
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #81 on: February 27, 2018, 12:48:52 pm »
dUCK !!!!!
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #82 on: March 06, 2018, 07:44:01 am »
BTC/ZAR 137,219
ETH/ZAR 10,297
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #83 on: March 12, 2018, 12:17:53 pm »
BTC/ZAR 121,988
ETH/ZAR 9,012
jaDEB

If it scares you, it's a sign you need to do it

Bevan

  • Full Member
  • ***
  • Posts: 216
  • Karma: +19/-0
    • View Profile
Re: Bitcoins
« Reply #84 on: April 01, 2018, 10:16:59 pm »
The blockchain is here to stay. Probably around 60-70% of future contracting will eventually be backed by it. But what currency will underlie it and who will be providing the relevant "proof of stake". Basically, if crypto works the banks and govt's will all be issuing their own crypto-dollars and crypto-Rands etc. Great way to raise taxes. Simply issue a national crypto currency and increase the tax payable on mining it gradually, until it's no longer worth mining. Voila, you have rarity and utility immediately. Nlhanhla, you can have that idea for free.

BTC and ETH are two leading contenders at the moment but hey, the 90's internet boom also had first mover advantages. Remember askjeeves.com and altavista ? No? You're not alone. But I bet you know google.com . Does anyone know the more than 1,001 other alt-coins out there? Does anyone care?

It's a binary bet folks. If BTC is to survive it's true value is probably worth more than a dollar or two. If not, it's true value is zero. Satoshi never factored in fear or greed into the methodology behind his white paper. Crypto evangelists and anarchists will preach freedom from "the man" whilst buying fancy houses and plugging themselves further into the capitalist system. Meanwhile, crypto vol makes it a helluva exciting market to trade. Best way to trade crypto is via CFD's. That way there's no fees transferring in and out of fiat. Plus you never have to worry about your crypto being hacked, because let's face it.... There are 2 types of crypto exchanges, those that have been hacked, and those that will be hacked soon. And the spread is way smaller than you get on SA exchanges like luno and ICE3X.

BTC should be coming into some price support around the $5,500 level. Expect some nice vol as the market bounces around for a while still. Ultimately some deep out of the money puts or calls should prove useful in a year or two.  This is one market you want to be trading with positive gamma. Good luck out there.
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za

devan

  • Global Moderator
  • I've just arrived
  • *****
  • Posts: 32
  • Karma: +2/-0
    • View Profile
Re: Bitcoins
« Reply #85 on: April 04, 2018, 09:07:29 am »
don't expect any upward movement in BTC for some time, as the mt gox executors look to still sell around $1bn worth of crypto ... only after that has been cleared do I see BTC bouncing back .. so maybe later this year or early next year

Bevan

  • Full Member
  • ***
  • Posts: 216
  • Karma: +19/-0
    • View Profile
Re: Bitcoins
« Reply #86 on: April 12, 2018, 10:10:06 am »
Crypto has rallied / moved sideways over the last few weeks. Could possibly have a little more upside momentum left in it over next few days. However, the problem is now that momentum is becoming overbought. A classic bear flag is forming and there should be a downside breakout as momentum looks to start heading back down again. Bears are likely to be targeting the $3,700 level, wiping out all longs who bought in after Aug-2017.

Fundamentally this will clear out many that are still "infected" as Barclays has called them. They will then become immune and not touch the stuff again. BTC and ETH will lose significant credibility once more. Then again, even Soros and other funds are looking to play in the crypto space. But I promise you they will not be long only. They will love trading the optionality.
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za

PlatinumWealth.co.za

  • Sr. Member
  • ****
  • Posts: 321
  • Karma: +10/-1
  • Weekend Investor
    • View Profile
    • Platinum Wealth Group
Re: Bitcoins
« Reply #87 on: May 28, 2018, 08:30:06 am »
#WhenMoon
www.PlatinumWealth.co.za <- South African Investment and Finance forum.

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Bitcoins
« Reply #88 on: June 11, 2018, 04:06:19 pm »
BTC/ZAR 94,965
ETH/ZAR 7,200
LTC/ZAR 1,401
jaDEB

If it scares you, it's a sign you need to do it

Bevan

  • Full Member
  • ***
  • Posts: 216
  • Karma: +19/-0
    • View Profile
Re: Bitcoins
« Reply #89 on: August 24, 2018, 08:30:46 pm »
BTC has had a nice little rally since Aug 10th. Now momentum looking a little overbought and classic bear flag forming once more. After the weekend traders have tried to prop it up I expect some more heavy selling to kick in next week. Could be a significant clear out this time as new lows for 2018 will likely be hit. All those holding on for their Lambos are likely to finally be stopping out. The faith is weakening amongst even the most die-hard crypto enthusiasts out there. What a lovely market to trade on sentiment and momentum though....
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za