InvestorsHub Logo
Followers 87
Posts 33462
Boards Moderated 87
Alias Born 03/22/2005

Re: None

Monday, 08/07/2017 9:58:57 AM

Monday, August 07, 2017 9:58:57 AM

Post# of 449
Wow, Bitcoin now up to $3400, and the move may just be getting started. Goldman's 3700 near term target now looks conservative, and I see Forbes had a $5000 prediction.

Will be interesting to see where the Bitcoin fund/ETF trades today. Bitcoin trades 24/7 while GBTC doesn't, which is a complicating factor for those wanting to use GBTC as their trading vehicle.

I see the quote coming in for GBTC now, at 543 vrs Friday's close of 480. I don't have a position, but it sure is fun to watch. It looks like a tulip bulb type bubble, but there could be considerably more to go. When you see Bitcoin in the mainstream headlines every day, and Barbara Streisand says that she's speculating in Bitcoin (ala 1999 with tech stocks), then that's probably the top :o)





Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.