Bitcoin Cracks $5000

$14,313

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I have a little that was at BTC-e now Wex. It let me sign in but
i guess my little paltry amount wasnt enough for them to let me cash it in.
 
I have a little that was at BTC-e now Wex. It let me sign in but
i guess my little paltry amount wasnt enough for them to let me cash it in.

Don't feel bad. I still have yet to hear of anyone that has successfully cashed back out during the mania. Except the exchange owners and insiders, of course.
 
I have a little that was at BTC-e now Wex. It let me sign in but
i guess my little paltry amount wasnt enough for them to let me cash it in.

Don't feel bad. I still have yet to hear of anyone that has successfully cashed back out during the mania. Except the exchange owners and insiders, of course.

It's easy to buy silver or gold when the prices are high..

amagimetals.com
 
It's easy to buy silver or gold when the prices are high..

amagimetals.com

That is assuming bitpay is able to promptly perform the conversion to dollars and remittance to the dealer's bank account with any more success than the retail exchanges are converting and remitting into personal bank accounts. APMEX is offering bitcoin sales now through bitpay. I'd go there for bitcoin metals buys. They're a bit more expensive but very reliable and they don't sell fakes. Conversion into physical metals is by far the better choice at this point though! COMEX is bust and the shtf before the end of Dec.
 
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Feels like this is headed to the 8-10k range over the next few weeks before you will see price stabilize. That would be a 50% pullback.
 
In some ways it feels reminiscent towards the end of the height of dot com domain name boom when domaining made it into a SNL skit. Last night Bitcoins made it into an SNL skit.
 
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These charts are interesting to see what happened to the prices of uranium and gold soon after futures started trading. Both were in bubbles when futures began and the price collapsed within two months of futures being introduced. Everyone seems negative on Bitcoin, so it is possible that there is one more gasp up but that seems less likely because there isn't a major short interest in Bitcoin.
 
In some ways it feels reminiscent towards the end of the height of dot com domain name boom when domaining made it into a SNL skit. Last night Bitcoins made it into an SNL skit.

Ya, the internet totally died after the .com bubble.
 
Ya, the internet totally died after the .com bubble.

Sensitive are we, since I clearly never even inferred anything like that.

Maybe you were too young to remember when the irrational part of the dot com bubble burst. The days when everyone and their brother was buying domain names thinking they would be worth a fortune. Domains were over valued but that did not last long and the flow of money to ridiculous business plans stopped, the bubble burst. Many lost money on their investment, lost jobs and companies closed.
 
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