Bitcoin hits a new high at $13,000
Bitcoins rise is still soaring, and here is our coverage: http://www.2cents.my/2017/12/07/bitcoin-hits-a-ne…
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I learned something new today: apparently, different exchanges have different Bitcoin prices. Because it takes so long for a transaction to get finalized (taking me 7 days to get my Bitcoins I purchased on Friday) it's basically impossible to take advantage of the arbitrage situation. On Coinbase Bitcoin is well passed $14,000 at the moment.
I'm enjoying riding this insane wave right now, but there are so many weaknesses in Bitcoin (security and liquidity being the huge issues) that I honestly don't see this currency as being the one that ultimately wins the day as THE go-to cryptocurrency in the future.
BUY IOTA
Best place to buy IOTA?
Buy Ethereum on Coinbase, transfer Ethereum to Binance, directly trade Ethereum for IOTA on the exchange.
It Binance legit? I ask because I had bought some IOTA on Bitfinex but need to close my account because I am a US citizen. Since purchasing ~$20 of IOTA in late Aug/ early September it is worth ~$110. I wish I would have invested more.
Do we really need a new bitcoin thread every time we hit a new high? This is like the 10th thread.
Yes, because everyone is experiencing FOMO on cryptos. Given it's tremendously more volatile than regular securities, it's also very rewarding if you make the right plays. People who took advantage of cryptos years ago are now all pretty rich with their bitcoins & altcoins. I would say we can expect Bitcoin and cryptocurrencies will become even more mainstream in the future. Who knows, our kids and grand kids will ask you for .0005 BTC to go out and hang out with friends.
.0005 BTC to hang out with friends is exactly why I think it will never be worth anything. People like whole numbers. ~26 million BTC or whatever there is available is not enough for 7 billion people without having stupidly small numbers.
$16k now. time for a new thread
I just made $1500 in less than 5 minutes day trading Bitcoin.
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