Quote from: maddadata on August 17, 2018, 12:07:35 AM

Quote from: rifleman74 on August 16, 2018, 11:56:19 PM

Quote from: BSGMiner on August 16, 2018, 11:21:34 PM

Quote from: Shazam!!! on August 16, 2018, 10:08:16 PM

Quote from: clgrissom3 on August 16, 2018, 09:01:22 PM

...this time last year BTC was $4064.

This is what I keep telling people who are in panic mode. Some are not even mining, just investing and day trading.
We are still doing great!!! Hell, I bought in when the price was at $170usd in 2015, so I can definitely see the potential.
I'm holding my earnings, and ignoring all the negative "excitement" over the price "waves". It's the nature of the beast!!!

Also--I'll try to keep this as on-topic as possible so a drive-by mod doesn't delete this Wink

--if you compare BTC to the current precious metals market, which is dropping like a rock (e.g. Gold@$1180, Silver@$14.50, Platinum@$780), you'll see how much of a buyers' market we're in right now, so be glad(!) because when the BTC ETF is most likely approved this Fall, BTC will undoubtedly skyrocket, and you very well may be sitting on a gold mine come winter!

ETF also makes it much easier to short.

Please elaborate...if we are not too far OT?

Any stock/etf is able to be shorted....this one won't be any different. And unlike futures where it takes a bit more capital to buy/short, this can be done by anyone with smaller capital/fiat.. It does open it up more to the masses as a whole, especially in retirement accounts, but the etf itself is much easier to short (and to buy).