Bitcoin

[Leviathan]

Senate hearing on blockchain

https://www.pscp.tv/w/1yNGaXZkyXrKj

[Nordstern]

Cryptocurrencies across the board are nursing big losses on Thursday as the global market sell-off hitting traditional assets spreads.

Bitcoin, the benchmark cryptocurrency, dropped suddenly and sharply in Asian trading overnight, losing as much as 7%, before rebounding a little.

It is now holding at a loss of around 5% on the day, trading at $6,266 per coin.

While bitcoin has led the way lower on Thursday, other major cryptocurrencies including Ether, Ripple, and bitcoin cash have witnessed even larger falls. Here's the scoreboard:

Ether -11.2% at $200.28
Ripple's XRP -11.5% at $0.4097
Bitcoin cash -12.6% at $450.80
Litecoin-10.8% at $51.79

Previously, bitcoin and other cryptocurrencies tended to rally during periods of poor performance for traditional assets like stocks, reflecting their status as something of a haven. However, in recent months that has flipped, with cryptocurrencies tending to follow traditional stock markets in their moves.

https://www.businessinsider.com/bitc...f-2018-10?IR=T

[tulip]

Are we buying gold yet?

[Shaikar]

Salt. We're buying salt now as prices are low following a bumper harvest.

[Leviathan]

cashing out i think..

edit: bitcoin has often followed stocks- its all about confidence. Also love how it ignores bitcoin only lost 5% whilst listing xrp and bch that enjoyed around 30% jumps in past week or so. Selective information as always- nevertheless the crypto market is fucked soon with or without anything else.

[Hel OWeen]

Salt. We're buying salt now as prices are low following a bumper harvest.

In all seriousness: sand is a better option.