I think there's a trend out of alt-coins and back into Bitcoins.
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I think there's a trend out of alt-coins and back into Bitcoins.
Since Bitcoin was stuck in the $430-$460 trading range for several weeks, then this must be the upside breakout from that trading range. I am guessing that Bitcoin is shaking off the negative China news from last month. I think that the $550 level is be the next level that bitcoin has to go through to sustain the current rally.Quote:
Originally Posted by madfranks
Bitcoin is currently at $592.99 (Coinbase quote). The highest price that I have seen so far today was $597.77 (Bitstamp quote). Maybe bitcoin will get past $600 today. We will see.
There's a shift generally out of alt-coins back to the "safety" of Bitcoin right now in my opinion. I wouldn't be shocked if Bitcoin hits $2,000 this year.
My money is still on litecoin having greater gains this year. Charlie Lee is working on getting LTC adopted into Coinbase; this alone will help propel LTC back into an easy 0.4-0.5 ratio to bitcoin. So I'm expecting a 4-5x increase in LTC by the end of the year.Quote:
Originally Posted by Shami-Amourae
Bitcoin is currently at $628.14 (Coinbase quote). For me personally, that means that my 0.231 BTC investment is currently up 49.4% from my cost basis. I'm not complaining at all. I am happy with it.
I'm seriously watching Dogecoin now. It's crashing hard and still has a very strong community behind it. Looks like a good buy to me.Quote:
Originally Posted by madfranks
Darkcoin has opened up a wormrift in the fabric of spacetime.
http://www.darkcoin.io/img/slider/slider1.jpg
Computer Giant Dell Now Accepts Bitcoin
Multinational computer technology specialist Dell has announced it is now accepting bitcoin through a partnership with Coinbase.
With annual revenue approaching $57bn, Dell is roughly four times the size of DISH Network – the previous biggest bitcoin-accepting business.
Following today’s announcement, consumers and small business owners.......
http://www.coindesk.com/computer-gia...cepts-bitcoin/
Good news for bitcoin! I wish I bought more at $40 when I had the chance. Right now I have about 7 bitcoins, which I plan to just hold and not sell.Quote:
Originally Posted by optionT