Sold of My Entire Bullion Collection In Order To Purchase BitCoins

Somehow, I’m not sure how, my portfolio wound up with six shares of Sprint. I’d have to pay more than it’s worth to sell it. Still, it’s fun to watch.

 

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Sometimes when companies spin stuff off, you end up with a few shares of some garbage. I got rid of a bunch of those last year because I was tired of looking at it. They are usually tax-free spin offs.

 

Just watched "Bubblecoin" drift under $10K.

 

$9,599. Kurt, is this “capitulation?”

 

I dunno, I capitulated a long time ago. "This time is" NEVER "different". Bubbles are what they are, and they chart what they chart like NOT because the chart does anything per se, but because the charts accurately predict the very same psychologies that mark all bubbles. Only the magnitudes and the number of "ripples" change, due to faster access to accurate quotes.

 

Hows that gene pool looking @goldcollector ?

 

I have nothing to capitulate to. This old dog ain’t in this fight.

 

It’s simply reacting to the news that it might be regulated more or banned in its biggest markets. If the Asian market for it goes there’s no where else that will pick up the slack at this point. It lives and dies by south east Asia

 

Yes but, this is what always happens to bubbles - some authority or another does something to change the calculus. Sometimes it's increased margin requirements, sometimes it's ending trading. The thing is - a catalyst to alter the status quo is needed and inevitably some entity or other provides one.

 

It has sure taken a hit in the last 24 hours!

 

the 2017/2018 version of tulip bulbs

 

Okay, where is the great chorus of "be bold when everyone else is afraid", "buy when there's blood in the streets", yadda yadda? To be countered by the equally "wise" "don't try to catch a falling knife"?

 

One vote for buying when there is blood in streets. Cheaper then a trip to vegas and no hangover.

 

Here we go:
1 Bitcoin equals
9935.00 US Dollar

 

Facebook is banning all crypto ads. That certainly won’t help

 

Yes but they allow click bait ads which give you fake viruses.

 

I will occasionally try to catch a falling knife. It’s catching a falling chainsaw running wide open that gives me pause.

 

1 Bitcoin equals
9435.30 US Dollar

 

Indian crackdown on cryptos announced.

https://www.wsj.com/articles/india-announces-plan-to-crack-down-on-cryptocurrency-misuse-1517489811