Jump to content
Parrothead

Not really computers, but you need them to secure it!

Recommended Posts

andy

They are not being pumped at the moment. Looooooooooowww.

Coinbase halts trading after volatile bitcoin price fluctuation

 

At 11:11am ET this morning, the cryptocurrency marketplace Coinbase temporarily disabled buying and selling for all currencies on its site. This came after wild surges in bitcoin's price in the last 24 hours: It plunged from a high of $15,800 late last night down to a low of $10,800 hours ago.

 

https://www.yahoo.com/tech/coinbase-halts-trading-volatile-bitcoin-184500009.html

Share this post


Link to post
Share on other sites
Oz Jon

This has just been published and (apart from the fact that it says, in substance, what I said several posts back) the author is a "pretty smart investment cookie"... actually, even better than me - Lol!. ............  Maybe a good time to take your profit (or cut your losses?)  and exit?

Here is the source URL

https://marketrealist.com/2018/07/howard-marks-this-is-the-single-biggest-equity-market-risk

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Howard Marks on Bitcoin

Billionaire investor and the co-founder of Oaktree Capital Management Howard Marks shared his views on Bitcoin at the Delivering Alpha Conference on July 23.

Bitcoin Showed a Strong Performance in Late 2017 2018-07-27

 
 
 
 

Marks believes Bitcoin won’t be able to provide long-term investment goals. He feels it doesn’t have any intrinsic value or any real fundamentals. He said, “It’s not an investment…it’s a trade. In the long run, I think it will be shown not to have any substance.” He added that investors are buying bitcoin with the only hope that “someone will buy it from them at a higher price. Not because they can specify its intrinsic benefits. Not because they can judge the intrinsic value. But only because they think it’s going up.”

Share this post


Link to post
Share on other sites
John_Galt

Something has value as long as someone else is willing to pay for it. 

 

  • Like 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • If you would like to join to begin posting and become an active member, feel free to click on THIS LINK, to register. If you have any questions, feel free to post them in the Forum Operations / Issues forum. If you register, but then are unable to log in, please feel free to post concerns in the Having Problems Logging In? forum. We will address any and all questions, comments, or concerns, as quickly as possible. Welcome to the Living In Cambodia Forums! 

    Welcome to the forum!

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use & Guidelines. Here is our Privacy Policy.