Bitcoin millionaire: Don’t invest in bitcoin: I first invested $5,000 in bitcoin back in 2013 at $72 per coin and now own approximately 69.2 bitcoins. While I had first heard about bitcoin in 2011, it wasn’t until I watched a documentary and started reading forums about the cryptocurrency that I decided to buy it. It … Read more
– Litecoin Founder Charlie Lee wants people to stop fussing over the rally in the cryptocurrency – Litecoin prices have risen almost 8,000 percent this year – Lee says runaway prices are prompting people to think of cryptocurrencies such as bitcoin and litecoin as speculative assets Litecoin Founder Charlie Lee wants people to stop fussing … Read more
– Andrew Bailey, chief executive of the Financial Conduct Authority, told BBC’s “Newsnight” on Thursday, “If you want to invest in bitcoin, be prepared to lose all your money” – Bitcoin’s meteoric price rise has stunned critics and enthusiasts alike, leaving investors scrambling to understand the driving factors for the digital currency’s runaway rally – … Read more
A trader who called bitcoin rally says cryptocurrency will surge above $100,000 in 2018: Bitcoin’s runaway rally could accelerate next year as the cryptocurrency continues to gain wider acceptance, a trader said Monday. “I wouldn’t be surprised to see a six-figure headline,” said Dave Chapman, Managing Director of cryptocurrency trading firm Octagon Strategy, who sees … Read more
– I bought bitcoin and held it for a weekend. – It fluctuated a lot, for reasons I couldn’t always understand. – I sold my bitcoin and probably won’t buy it ever again. I bought $200 worth of bitcoin last Friday for a story I was writing on “how to give the gift of bitcoin” … Read more
Bitcoin futures are about to get another big boost: – TD Ameritrade, the largest futures operation of any online brokerage, is going to allow bitcoin futures trading on its platform starting Monday. – CME, a large futures trading operation, is preparing to launch bitcoin futures on Sunday. – The moves come a week after Cboe … Read more