Bitcoin just broke 8000... UPDATE $9100! over 10k!!! My nigga its about to break 20k!!!

dade305

Rising Star
BGOL Investor
You're wrong. And there's nothing "illegal" in what bitcoin is. It was created as a means of not using the fiat system in place any and everywhere. Was not created for money laundering or criminal activities. Of course some saw it as a means of transactions not being tracked.

But that is the reason it was created in the first place. For the govts all over the world run by Central banks to see everything you do.

Now govts have to create a reset of the monetary systems in place bringing forth their assets to back their currencies.

You can look at all these countries now creating their own crypto currencies. Russia, Venezuela and some others are in the recent news that already started to follow suit.

The govt here will disavow it because it goes against their control, but you can't stop people who are awake from the BS and who bring their own system of exchange which fights the very system which keeps us under a watchful eye.

My only concern is that this rise in value of BTC is actually the weakening of the fiat system we all know.
#FACTS
 

YoungSinister

Rising Star
BGOL Investor
Styling On You seems a lifetime ago. Never did anything with those batch of songs. Industry changed on my ass and I wasn't snappin, popping or dancing!!:itsawrap:

Where u heard it at cuz it was never released?

Back on topic: How much do you need to invest to start seeing some real paper?
Someone was playing it in the whip when I was waking into the liquor store lol
There were niggas in my dorm asking me for the MP3 when it would pop up on the playlist. Im sure other cats downloaded it like me

As for the amount needed,
I purchased $1,500 worth on the 29th of November.
Right now im sitting at a little over $2,200 *EDIT it was 2.2K not 22K. My apologies
 
Last edited:

Adam Knows

YouTube: Adam Knows
Platinum Member
You're wrong. And there's nothing "illegal" in what bitcoin is. It was created as a means of not using the fiat system in place any and everywhere. Was not created for money laundering or criminal activities. Of course some saw it as a means of transactions not being tracked.

But that is the reason it was created in the first place. For the govts all over the world run by Central banks to see everything you do.

Now govts have to create a reset of the monetary systems in place bringing forth their assets to back their currencies.

You can look at all these countries now creating their own crypto currencies. Russia, Venezuela and some others are in the recent news that already started to follow suit.

The govt here will disavow it because it goes against their control, but you can't stop people who are awake from the BS and who bring their own system of exchange which fights the very system which keeps us under a watchful eye.

My only concern is that this rise in value of BTC is actually the weakening of the fiat system we all know.
Uh huh ok
 

mrcmd187

Controversy Creates Cash
BGOL Investor
I recommend this for all who want to know about Bitcoin beginnings
MV5BMjE1NTc4OTAzMl5BMl5BanBnXkFtZTcwMjU0ODA0OQ@@._V1_UX182_CR0,0,182,268_AL_.jpg
 

smz

Rising Star
BGOL Investor
It was on Coinbase.
What exchange are seeing that on?



Er bro.... you might wanna read the post and link beneath yours as that's EXACTLY what just happened lol @Da Don
like right now i really want to see someone cash out 120 mil from btc. i seriously doubt it will ever happen.


 

tajshan

Rising Star
BGOL Investor
Yeah but ain't shit slowing right now. It's why I'm looking at that ETH jawn. I put 100 towards that the other 100 to bitcoin. I'm going to do 5000 all bitcoin in a month after I see where shit goes.
say what is ETH?
 

Mask

"OneOfTheBest"
Platinum Member
Just read this article



Bitcoin: What's driving the frenzy?


By Daniel Shane December 7, 2017: 9:41 PM ET


2017 has become the year bitcoin went big.

It started the year worth less than $1,000 but has soared above$17,000. Back in 2011, it was worth less than a dollar. It is being bought and sold by investors in a frenzy, driving the price higher and higher.

Some leading economists and financiers are calling bitcoin a bubble and a fraud, but industry insiders say they think it's only going to get bigger as it gains more widespread acceptance.

So howdoes the virtual digital currency work -- and what's behind its spectacular rise?

Related: Bitcoin pops above $17,000 for the first time


What is bitcoin?

Bitcoin (XBT) was created in 2009 by an unknown person using the pseudonym Satoshi Nakamoto. Many of its backers saw it as a simple global payment system for anyone to use rather than a financial asset for investors to trade.

Unlike the U.S. dollar or Japanese yen, digital currencies such as bitcoin aren't issued by central banks like the Federal Reserve. Instead, they are "mined" by computers using complex algorithms.

Related: Bitcoin bubble brewing or is it still a bargain?

Payments in bitcoin can be made without traditional middlemen such as banks and without the need to give your name.

That made bitcoin popular with criminals and others who wanted to move money anonymously. It's also been adopted by businesses around the world as a way to pay for everyday things like groceries, train tickets and haircuts.

Exchanges, or marketplaces, allow people to buy or sell bitcoins using different currencies. People can send bitcoins to each other using mobile apps or their computers. It's similar to sending cash digitally, and a fee is charged for every transaction.

Bitcoins are stored in a "digital wallet" — a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money.

Its price has taken off this year as mainstream investors have become more interested.

National governments are trying to keep up, puzzling over how to regulate bitcoin and other so-called cryptocurrencies. Countries like Chinaand Venezuela have expressed interested in creating their own digital forms of money.

Related: Venezuela plans its own version of bitcoin

Why have prices gone crazy?

Some experts say the biggest force pushing bitcoin prices higher this year has been ... higher prices.

Investors have been buying in this year out of "FOMO," or the fear of missing out, according to Dave Chapman, managing director of Octagon Strategy, a Hong Kong-based cryptocurrency exchange.

"There is admittedly a lot of speculation in this market," he said.

Bitcoin is also being driven higher by the hands-off approach many financial regulators seem to be taking toward the digital currency, Chapman said.

Japan's government, for example, gave bitcoin the seal of approval and started licensing bitcoin exchanges earlier this year.

The only black mark has been China, which has been cracking downon some uses of the virtual currency.

Announcements from some major financial institutions in the U.S. are helping bitcoin gain greater mainstream acceptance.

Related: Bitcoin craziness spreads to Overstock, Square

This month, investors will be able to start trading bitcoin futures via the Chicago Board Options Exchange and Chicago Mercantile Exchange.

New York's Nasdaq plans to launch its own bitcoin futures in 2018.


"The fact the CME, CBOE and Nasdaq will now all offer bitcoin products lends additional legitimacy" to the digital currency, said Chapman.

Who's buying it?

For much of this year, it's mom-and-pop investors who have been buying in.

Many arein Japan and South Korea, where recent regulation changes have made it easier to trade bitcoin, according to experts.

But the biggest gains from the virtual currency's massive rally are likely to be concentrated among a relatively small number of investors.

Related: Russia eyes cryptocurrency dominance

When you invest in bitcoin, you don't have to buy a whole unit. According to research site BitInfoCharts, the vast majority of bitcoin accounts contain just 0.1 bitcoin or less. Just 3% of more than 20 million bitcoin accounts hold one bitcoin or more.

Big institutional investors such as hedge funds and assets managers have largely stayed on the sidelines. But some experts predict they'll move into the market in the coming months, despite skepticism from the likes of Warren Buffett and JPMorgan Chase (JPM) CEO Jamie Dimon.

What's next?

Some industry insiders are incredibly bullish.

Arthur Hayes, CEO of Hong Kong bitcoin exchange Bitmex,predicts prices could hit a mind-boggling $50,000 by the end of next year, driven by the flow of money when institutional investors "pull the trigger" on investing in the digital currency.

Octagon's Chapman is willing to stick his neck out even further. He thinks it will go above $100,000 before 2018 is over.

Related: Nobel winner says bitcoin 'ought to be outlawed'

With a total value of around $270 billion, the bitcoin market is small compared with more established assets.

"This is a drop in the ocean compared to the trillions transacted daily" in currency and stock markets, said Thomas Glucksmann, head of marketing at Hong Kong bitcoin exchange Gatecoin. Just a small amount of mainstream investors' money would make a big difference to bitcoin prices, he said.

171127052353-bitcoin-new-340xa.jpg

But some finance industry veterans are wary.

Oanda's Innes, who has worked in currency trading for decades, referenced a famous piece of investment advice from Buffett: "Be fearful when others are greedy."

"Following the herd rarely produces large scale gains," Innes said.

Investors were given a reminder of bitcoin's unpredictability in November. After topping $11,000, it plungedmore than $2,000 before resuming its ascent.

December 07
HONG KONG

So how does the virtual digital currency work -- and what's behind its spectacular rise?

What is bitcoin?

Bitcoin (XBT) was created in 2009 by an unknown person using the pseudonym Satoshi Nakamoto. Many of its backers saw it as a simple global payment system for anyone to use rather than a financial asset for investors to trade.

Unlike the U.S. dollar or Japanese yen, digital currencies such as bitcoin aren't issued by central banks like the Federal Reserve. Instead, they are "mined" by computers using complex algorithms.


Payments in bitcoin can be made without traditional middlemen such as banks and without the need to give your name.

That made bitcoin popular with criminals and others who wanted to move money anonymously. It's also been adopted by businesses around the world as a way to pay for everyday things like groceries, train tickets and haircuts.

Exchanges, or marketplaces, allow people to buy or sell bitcoins using different currencies. People can send bitcoins to each other using mobile apps or their computers. It's similar to sending cash digitally, and a fee is charged for every transaction.

Bitcoins are stored in a "digital wallet" — a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money.

Its price has taken off this year as mainstream investors have become more interested.

National governments are trying to keep up, puzzling over how to regulate bitcoin and other so-called cryptocurrencies. Countries like Chinaand Venezuela have expressed interested in creating their own digital forms of money.

Why have prices gone crazy?

Some experts say the biggest force pushing bitcoin prices higher this year has been ... higher prices.

Investors have been buying in this year out of "FOMO," or the fear of missing out, according to Dave Chapman, managing director of Octagon Strategy, a Hong Kong-based cryptocurrency exchange.

"There is admittedly a lot of speculation in this market," he said.

Bitcoin is also being driven higher by the hands-off approach many financial regulators seem to be taking toward the digital currency, Chapman said.

Japan's government, for example, gave bitcoin the seal of approval and started licensing bitcoin exchanges earlier this year.

The only black mark has been China, which has been cracking downon some uses of the virtual currency.

Announcements from some major financial institutions in the U.S. are helping bitcoin gain greater mainstream acceptance.

This month, investors will be able to start trading bitcoin futures via the Chicago Board Options Exchange and Chicago Mercantile Exchange.

New York's Nasdaq plans to launch its own bitcoin futures in 2018.
 

praetor

Rising Star
OG Investor
Someone was playing it in the whip when I was waking into the liquor store lol
There were niggas in my dorm asking me for the MP3 when it would pop up on the playlist. Im sure other cats downloaded it like me

As for the amount needed,
I purchased $1,500 worth on the 29th of November.
Right now im sitting at a little over $22,000

Purchased $1500 of what? Buying $1500 of btc in November of this year would not yield 22k. I'm assuming you bought some alts with the 1500.
 
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lightbright

Master Pussy Poster
BGOL Investor
Theres no minimum. You can invest whatever amount you want.

Btw a few months back, I heard a nigga blasting your "Styling on You" song you made years ago :lol:


***
Download a virtual wallet app to your phone (I use BitPay)
Register at coinbase, set up a payment method, and buy some coins
Transfer the coins from your coinbase account to your virtual wallet on your phone
Ain't this some shit......did everything and down to the last steps with coinbase....and I need my DL.......misplaced that fucking shit about 2 weeks ago !!!!!!:angry::angry::angry::angry::angry::angry::angry::angry::angry::angry::angry:

This shit is confusing
does this help?


去他妈的一个亚洲人

:lol:

.
 

Confucius

Rising Star
Registered
LTC is on the rise.
i sold and made some scrill with a couple other mbrs when the developers of LTC were chasing Seg. I want to say I got out @ .0999 (almost 200k sat higher than it is now. I am going to jump back in real soon. I was pleasantly surprised I didnt sell all of my STR. I sent a nice stash to my wife when it was cheap. Logged into her account to see what her xrp was at...I saw XRP and STR and was happy. STR was up 30% that day
 

Mask

"OneOfTheBest"
Platinum Member
Major Gold Dealer APMEX Begins Accepting Bitcoin
1 hour ago
CoinDesk
gold-nuggets-600x370.jpg

One of the largest online gold dealers has announced that it will begin accepting bitcoin.

APMEX said on Dec. 8 that it would begin to accept the cryptocurrency through an integration with payment processor BitPay. It's also offering a small discount on purchases made with bitcoin in order to drum up interest in the new feature.

The company said in a statement:

"For more than 15 years, APMEX has been an industry leader and along the way has adapted to the growing needs of our customer base. As bitcoin becomes more popular and widely accepted as payment, we are thrilled to welcome the use of this cryptocurrency for buying gold, silver and other precious metals by integrating BitPay into our website."

Dealers of precious metals have moved to adopt the cryptocurrency in recent years, including a decision in September by U.K.-based Sharps Pixley to begin accepting bitcoin.

Indeed, the "bitcoin as digital gold" argument has attracted some quarters of that industry, as well as those on the mining side. On the other hand, some in the gold investment space, including notable investor John Hathaway, have spoken out against the cryptocurrency market.

"It's an absolute bubble – there's no question in my mind that it's in a bubble," Hathaway said in September.
 

mangobob79

Rising Star
BGOL Investor
there's nothing really backing it in this country. U.S already frowns upon it. There are countries already issuing bans on it. don't forget the origins of bitcoin was for money laundering and passing funds illegally originally by criminal organizations then terrorists.
STOP WITH THE FEARMONGERING , THATS THE SHIT THEY PUT OUT THERE TO CRIMINALIZE THEM NOT GETTING CONTROL ! TALMBOUT "TERRRRIST" "ILLEGAL ACTIVITY" OOOHH "THEY BUYING MARIJUANA WITH IT " THEY BUYING & SELLING "POOOSIE"
 

lightbright

Master Pussy Poster
BGOL Investor
I've been stuck at the DL verification step in coinbase for like 15 min....says it's supposed to take 3-5 minutes.:hmm::hmm::hmm:



.
 

lightbright

Master Pussy Poster
BGOL Investor
STOP WITH THE FEARMONGERING , THATS THE SHIT THEY PUT OUT THERE TO CRIMINALIZE THEM NOT GETTING CONTROL ! TALMBOUT "TERRRRIST" "ILLEGAL ACTIVITY" OOOHH "THEY BUYING MARIJUANA WITH IT " THEY BUYING & SELLING "POOOSIE"
Please don't use the word POOOSIE Bob....BitchIllKillYa will start using it with PWUSSY !!!!


.
 

Mask

"OneOfTheBest"
Platinum Member
Brokerage giant TD Ameritrade is gearing up for bitcoin futures

5200e18aecad04665800001e-640-430.jpg
REUTERS/Scott Olson
Traders and clerks frantically signal trades in eurodollar futures at the Chicago Mercantile Exchange after the Federal Reserve announced a hike in interest rates, June 30, 1999.

  • Cboe Global Markets' bitcoinfutures product launches Sunday.
  • TD Ameritrade said it would provide its clients access to the market if it meets its standards.
  • The firm wants to make sure the market has enough market makers, liquidity and volume.
"I'm not going to be watching football Sunday."

Instead, JB Mackenzie, a managing director on brokerage TD Ameritrade's futures and forex trading team, is going to be watching Cboe Global Markets' launch of bitcoin futures. He told Business Insider the firm is taking a "wait and see" approach, but is ready to potentially dive into the market if the conditions are right.

As such, the necessary risk protocols are in place and the back-office is prepped.

"With every new futures product we want to see how the marketplace comes together," Mackenzie said. "We want to make sure there are enough market makers, liquidity, and volume."

Cboe announced Monday its futures market would be ready to go live Sunday at 5 p.m. CT. It will allow investors to bet on the future price of the red-hot coin, which is known for its spine-tingling volatility. On Thursday its price whipsawed up and down, trading at dramatically different prices on the main global exchanges. Still, its eye-popping gains have gripped the attention of Wall Street.

But Mackenzie said bitcoin's unique nature as a "Wild West" digital gold doesn't mean it's getting any special treatment.

"We always take this approach," he said. "We are going to wait at least a full-cycle to watch how trading goes in Europe and Asia."

Morgan Stanley said TD Ameritrade would be the first to get on board with futures in a note out to clients Thursday.

"We see AMTD as most likely to lead the way, leveraging their leading technology platform and Forex offerings," the bank said.

A spokesman from rival Charles Schwab told Business Insider the firm had "nothing to report" on bitcoin futures but that it was evaluating it actively. And E-trade did not respond to messages seeking comment. Bloomberg reported that Ally Financial would offer bitcoin futures to its clients.

Morgan Stanley identified some opportunities for brokerages offering bitcoin futures. The first - cross selling - is a common practice on the Street. Bitcoin futures could lure new customers, and brokerages could then push those customers other products.

"It could help expand the discount brokers' customer base via market share gains and new trading customers, with potential cross-selling opportunities from new customers," the bank said.

It could also allow boost firms' brand.

"In terms of brand enhancement, brokers that offer Bitcoin futures trading may appear more cutting edge than competitors without it, attracting more clients," the bank said.

Market watchers are excited to see how bitcoin futures play out Sunday, because they think it might open the door to more interest in the space. If all goes well Sunday, it could push brokerages into other areas of the bitcoin market.

"If it were 20 years ago, when the discount brokers were insurgents, we wouldn't be surprised to see them as first movers in providing access to newly regulated areas of cryptocurrency trading," the bank said. "Over time, they may well move beyond Bitcoin futures."

Still, there are hurdles. Futures remain too fuzzy an area of finance for most retail investors to dive into and commissions tend to be much higher than that for the average stock trade.
 

lightbright

Master Pussy Poster
BGOL Investor
Everything has been slow since yesterday.

It might take the whole day
foh.....really????? Figures....Motor Vehicle....which is usually slow as fuck....was reeeeal quick.....so now this process is slow as shit !!!!:hmm::hmm::hmm::hmm::hmm:



.
 

Mask

"OneOfTheBest"
Platinum Member
I was pose to drop some dollars on a penny stock this weekend....guess I won't now
 

mrcmd187

Controversy Creates Cash
BGOL Investor
STOP WITH THE FEARMONGERING , THATS THE SHIT THEY PUT OUT THERE TO CRIMINALIZE THEM NOT GETTING CONTROL ! TALMBOUT "TERRRRIST" "ILLEGAL ACTIVITY" OOOHH "THEY BUYING MARIJUANA WITH IT " THEY BUYING & SELLING "POOOSIE"
Check the history of bitcoin and dark web drugs market Silk Road, its the dark past of bitcoin, it was used to pay for all kind of shit on the Dark Web.
 

smz

Rising Star
BGOL Investor
Let me tell you, the moment Amazon starts widely accepting Bitcoin for any purchase, THAT is the moment that it will truly go through the roof and become seen amongst all as a legitimate global currency.

That's coming very soon I'm certain.
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
Check the history of bitcoin and dark web drugs market Silk Road, its the dark past of bitcoin, it was used to pay for all kind of shit on the Dark Web.
Yes it was. Amazing since the transactions are public and traceable. But we have to admit the government does fear monger. They know they can trace bitcoin. They know all this aml/kyc nonsense makes buying it a pain for the average person, but these cocksuckers will still bitch and moan about illegal activity.

The truth is the genie is out the bottle. Government can make it harder for the average joe, but people who do illegal shit used crypto before and will continue to do so.
 

bububang

I IT!!!
BGOL Investor
Someone was playing it in the whip when I was waking into the liquor store lol
There were niggas in my dorm asking me for the MP3 when it would pop up on the playlist. Im sure other cats downloaded it like me

As for the amount needed,
I purchased $1,500 worth on the 29th of November.
Right now im sitting at a little over $22,000

Does that mean you got a 20 grand profit?
 
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